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Licensed
CFD
Forex
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Best for Beginner Traders
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CFD Brokers
CFD Brokers
Suspicious
Suspicious
This company shows several warning signs of potential fraud.
Selected companies: 0.
Please add at least one more company for comparison.
BGC Brokers
CFD Brokers
(1.56)
16
reviews
bgc-brokers-lp.com
Date of foundation
Not disclosed
License
No
Suspicious
This company shows several warning signs of potential fraud.
Selected companies: 0.
Please add at least one more company for comparison.
JPB
CFD Brokers
(1.63)
8
reviews
jpb-trade.com
Date of foundation
2024
License
Offshore
Suspicious
This company shows several warning signs of potential fraud.
Selected companies: 0.
Please add at least one more company for comparison.
FIXONE Global Trading
CFD Brokers
(1.89)
19
reviews
fixoneglobal.com
Date of foundation
2019
License
Offshore
Suspicious
This company shows several warning signs of potential fraud.
Selected companies: 0.
Please add at least one more company for comparison.
Tellltd.com
CFD Brokers
(1.77)
13
reviews
tellltd.com
Date of foundation
2015
License
No
Suspicious
This company shows several warning signs of potential fraud.
Selected companies: 0.
Please add at least one more company for comparison.
Fidelis Reservo
CFD Brokers
(1.81)
16
reviews
fidelisreservo.net
Date of foundation
2019
License
No
Suspicious
This company shows several warning signs of potential fraud.
Selected companies: 0.
Please add at least one more company for comparison.
InceptionVIB
CFD Brokers
(1.91)
11
reviews
inceptionvib.com
Date of foundation
2015
License
No
Suspicious
This company shows several warning signs of potential fraud.
Selected companies: 0.
Please add at least one more company for comparison.
Zxperts
CFD Brokers
(1.57)
7
reviews
zxperts.com
Date of foundation
2024
License
No
Suspicious
This company shows several warning signs of potential fraud.
Selected companies: 0.
Please add at least one more company for comparison.
VertisCurrent
CFD Brokers
(1.75)
12
reviews
vertiscurrent.com
Date of foundation
Not disclosed
License
No
Suspicious
This company shows several warning signs of potential fraud.
Selected companies: 0.
Please add at least one more company for comparison.
Nextrend
CFD Brokers
(1.86)
14
reviews
nextrendsolution.com
Date of foundation
Not disclosed
License
No
Suspicious
This company shows several warning signs of potential fraud.
Selected companies: 0.
Please add at least one more company for comparison.
Capstone Investico
CFD Brokers
(1.85)
13
reviews
Link to website
Date of foundation
2024
License
No
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Filters
This filter allows you to select which reviews to display. Choose it to see only entries with paid or manipulated reviews, to view only genuine reviews, or choose "All reviews" to reset the filter and display both types of reviews.
Without cheating reviews
20
All reviews
20
License
Among the most precarious entities are the clandestine platforms devoid of licensing and legal validation. These entities give way to semi-opaque brokers, acquiring licenses from offshore jurisdictions lacking regulatory rigor. Trustworthy brokers, in contrast, secure licensure from esteemed regulatory bodies.
Offshore
4
No
16
Leverage
Excessive leverage higher then 1:50, a hallmark of disreputable practices, is starkly disapproved by esteemed regulatory bodies. It often serves as a red flag characteristic of scam brokers.
1:50
3
1:100
1
1:200
1
1:400
1
1:500
3
1:1000
4
Higher
2
Demo account
The absence of a demo account not only reflects a lackluster service provision but also undermines a trader's ability to gauge platform performance without financial exposure. Scam brokers, cognizant of the impetus to expedite client capital erosion, often eschew offering demo accounts.
Yes
3
No
17
Order Execution Model
Only truly large brokers with a substantial client base can afford execution models like STP and ECN. All scams, by default, employ the Dealing Desk (DD) model, inevitably leading to conflicts of interest. It is important to note that the use of the DD model alone does not make a broker fraudulent. However, this is only true if the broker is regulated by an authoritative body capable of resolving such conflicts and investigating contentious situations.
STP
1
NDD
1
DD
18
Minimum deposit
A disproportionately high minimum deposit requirement typically deviates from the standards upheld by reputable and transparent entities. The norm for initiating trading activities is around $10, with established brokers often offering cent accounts for accessibility.
$0
-
$15000
Operating Tenure
It is widely recommended by experts to choose brokers with at least 5 years of operation. If you come across a relatively young broker, operational for just a couple of years or even a few months, keep in mind that it could potentially be a scam. Even if it's not a scam, there may be technical issues, as newer projects typically lag behind older ones in terms of performance.
Less than a year
14
A little over a year
6
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