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.
TenX Prime -Overview of Minimum Deposit, Leverage, Spreads
TenX Prime is an exceeded broker, offering trading on currency pairs, metals & oil, and cryptocurrencies with leverage up to 1:500 and spread from 0.1 pips on MT4 trading platform. The minimum deposit requirement is $25.
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.
Binomo-Overview of Binomo
Binomo is an unregulated broker, offering trading on goods, equities, currency pairs, indices and cryptos on Binomo trading platform. The minimum deposit requirement is $10. The broker offers demo accounts.
Investico
Investico is a suspicious clone broker, offering trading on cryptocurrencies, currencies, stocks, commodities and indices with leverage up to 1:400 and spread from 3.0 pips on Investico webtrader trading platform. The minimum deposit requirement is $250.
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.
BOOM
Boom Securities is a Hong Kong-based online broker founded in 1997 and regulated by the Hong Kong SFC (CE Number: AEF808). It offers access to global stock and futures markets through its proprietary web and mobile trading platforms, without charging deposit or withdrawal fees.
NAGA
Νaga Markets Europe Ltd (short for “NAGA”), founded in 1996, is an old brokerage registered in Cyprus. The trading instruments it provides cover forex, cryptoX, shares, indices, ETFS, cryptocurrencies, commodities, futures, and real stocks. Besides, it provides 6 types of accounts and is regulated by CYSEC.
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.
NAGA Information Revealed
NAGA is a regulated broker, offering trading on forex, shares, indices, ETFs, cryptos, commodities and futures with EUR/USD spread from 1.1 pips on NAGA, MT4 and MT5 trading platforms. The minimum deposit requirement is $10.
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.
Light FX-Overview of Minimum Deposit, Spreads & Leverage
LIGHT FX is a Japan-based broker founded in 2002, regulated by FSA. It offers Forex and Cryptocurrency trading.
RocketX
RocketX is an exceeded broker, offering trading on forex, metals, energies, indices and shares with leverage up to 1:500 and spread from 1 pip on MT5 trading platform. The minimum deposit requirement is $5.
SGT
SGT is an offshore regulated broker, offering trading on crypto CFDs, energy CFDs, equity index CFDs, foreign exchange and spot metals with leverage up to 1:100 and spread from 1 pip on MT4/MT5 trading platform. The minimum deposit requirement is $5000.
Hafoo Securities Review
Hafoo Securities is a service provider of premier brokerage and financial services, which was founded in Hong Kong in 2004. The broker offers products and services for securities, financial e-commerce services, financial data services, etc. However, it holds a suspicious clone SFC license, and potential risks are relatively high.
GVD Markets-Overview of Minimum Deposit, Spreads & Leverage
GVD Markets abides by the regulations set forth by CySEC, FSC and FSA. Traders can access a wide selection of financial products through MT5 trading platform. However, the trading conditions are not clarified openly on their website.
London Metal Exchange (LME)
LME is an unregulated service provider of metal and financial services, which was founded in the UK in 1996. It offers products and services for non-ferrous metals, ferrous metals, EV metals, and precious metals.
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