XBTFX
Founded in 2019, XBTFX is an international platform specializing in Contract for Difference (CFD) trading. It covers multiple asset classes such as forex, cryptocurrencies, precious metals, energies, and stock indices, and supports two major trading platforms, MetaTrader 5 (MT5) and cTrader. XBTFX is suitable for traders seeking low entry barriers, high leverage, and diversified assets, including novice traders and professional investors.
AIKO Markets
AIKO Markets is an online financial trading platform that supports trading in multiple asset classes, including foreign exchange, cryptocurrencies, stocks, indices, and commodities. It offers various account types to cater to both novice and experienced traders. However, AIKO Markets lacks regulation.
AXSE
Purple Trading Seychelles is an online broker headquartered in Seychelles, providing global traders with CFD (Contract for Difference) trading services for financial products such as forex, precious metals, indices, and crude oil. It supports mainstream trading platforms like cTrader and MetaTrader 4/5 (MT4/MT5), catering to traders with different experience levels.
VIP TRADE
VIPTRADE is an international financial brokerage firm established in 2016, headquartered in Georgia. As an NDD (No Dealing Desk) broker, it provides trading services for financial instruments such as foreign exchange and contracts for difference (CFDs), supports the MetaTrader 5 (MT5) platform, and covers multiple global markets.
Z Forex
Registered in 2006, Z Forex is an unregulated online broker based in Bulgaria, offering trading in market instruments such as forex, metals, indices, commodities, and stocks. With a minimum deposit of $10, Z Forex offers one demo account and three types of live accounts. The leverage is up to 1:1000 on this platform. Z Forex does not accept clients from the Democratic People's Republic of Korea, Iran, Myanmar, the United States of America, or Turkey.
Amana Capital
Based in the United Arab Emirates, Amana is an online trading platform, offering 6,000+ tradable products, including Forex, Commodities, Stocks, Cryptocurrencies, ETFs, Indices, and Metals. It claims to offer leverage up to 1:100 and a spread 70% lower. This company holds multiple licenses from various authorities, while most of the licenses are effective, some of the licenses are revoked, exceeded, or suspected to be a fake clone.
Rock-West
Rock-West operates as an online broker based in Seychelles, offering a wide array of trading assets, including forex, indices, commodities, and cryptocurrencies. Rock-West provides traders with the popular MT5 and its proprietary Rock-West platform. On this platform, the spread starts from 0 pips, and leverage is up to 1:2000. However, Rock-West doesn't offer its service to residents from certain areas.
GODO
GODO, is allegedly a forex and CFD broker registered in Mauritius that claims to provide its clients with various tradable financial instruments with flexible leverage up to 1:1000 and variable spreads from 0 pips on MT4, MT5, and cTrader, as well as a choice of six different account types and 24/7 customer support service. GODO does not offer its services to the residents of certain jurisdictions such as Afghanistan, Cote d’Ivoire, Cuba, Iran, Libya, Myanmar, North Korea, Sudan, Puerto Rico, Syria, and Yemen.
Deriv -Overview of Minimum Deposit, Spreads & Leverage
Deriv is a regulated broker, offering trading on forex, indices, stocks, commodities, cryptocurrencies and ETFs with leverage up to 1:1000 (forex) and spreads from 0 pips on Deriv MT5, Deriv X, Deriv cTrader, Deriv Trader, Deriv Bot, Deriv GO, and SmartTrader trading platforms. The minimum deposit requirement is only $5.
XTrend Speed-Overview of Minimum Deposit, Spreads & Leverage
XTrend Speed is a suspicious clone broker, offering trading on forex, commidities, indices and shares with leverage up to 1:300 and floating spreads on XTrend Speed trading platform.
Fxview
FXVIEW is a regulated broker, offering trading on forex, commodities, cryptocurrencies, indices and stocks with leverage up to 1:1000 and spread from 0.0 pips on MT5/ActTrader/Fxview app trading platform. The minimum deposit requirement is $50.
FX Connect-Some important Details about This Broker
FX Connect, established in 2003, is an unregulated financial company based in the United Kingdom. It offers various financial services including Execution Flexibility, Settlement Solutions, Transaction Reports, and Workflow Management with a demo account. It support the TradeNeXusSM platform.
YaMarkets
Established in 2016, YaMarkets offers a trading environment for Contracts for Difference (CFDs), encompassing FX currency pairs, stock indexes, metals, and energy. The broker also provides five accounts with a maximum leverage of 1:1000. The minimum spread is from 0 pips and the minimum deposit is $1. YaMarkets is still risky due to its offshore regulated and exceeded status, high leverage, and bad reviews about difficulty withdrawing money.
ProRealTime-Overview of Minimum Deposit, Spreads & Leverage
ProRealTime Trading was registered and established in France in 2003. It mainly serves consumers by providing its own trading platform, on which traders can trade over 400k trading instruments. It is currently determined to be in a regulatory status of suspected cloning.
InstaForex-Some Important Points about This Broker
Founded in 2007, InstaForex is an broker registered in Saint Vincent and the Grenadines. It promotes access to more than 300 assets including forex, equities, indexes, and crypto. Though it encourages keeping a license from the BVI FSC, this assertion is untrue and it is formally marked as a suspect clone.
World Forex-Some important Details about This Broker
World Forex was established in 2007 and is registered in Saint Vincent and the Grenadines. It is not regulated by any top-tier organization, but it does provide a wide range of trading services such as forex, commodites, and share CFDs. The platform supports both MT4 and MT5, with leverage up to 1:1000 and a low entrance barrier of only $1.
E8 Funding-Some important Details about This Broker
E8 Funding is a U.S.-based proprietary trading firm founded in 2021, offering funded accounts through simulated evaluation programs. It supports both Forex and Futures trading with access to multiple platforms like TradeLocker and MatchTrader.
Phillip Futures-Overview of Minimum Deposit, Spreads & Leverage
Phillip Futures, regulated in Indonesia by ICDX and BAPPEBTI, is an online trading platform that provides access to Gold & Forex, US Stocks, Stock Indices, and Commodities via platforms like Nova 2.0, MetaTrader 5, and JAFeTS NOW. With a demo account option, they provide both individual and corporate accounts with a high minimum deposit of $500.
Trading Road Review - How Is Trading Road Forex? How Low Can the Spread and Commission Be? - WikiFX
Trading Road Ltd is headquartered in Saint Lucia, and its registered address is Legal Services Ltd. Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet. Trading Road is a platform that offers a variety of financial trading services. Users can trade CFD products such as Forex, Commodities, Stocks, Indices, Energy, and Treasuries. They can conduct transactions on mobile phones, tablets, or computers through the MetaTrader5 platform. The platform also has a loyalty program and expert articles that provide trading insights and analysis.
UFX- Some Important Points about This Broker
UFX is a fx brokerage company registered in Cyprus and founded in 2009. It currently only holds a revoked CySEC license.
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