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Contents Review

For traders who don’t have access to US and UK markets

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  • Account Minimum: $100 to $10,000
  • Fees: EUR/USD – as low as 3 pips
  • Best for: Traders outside the US and UK

Founded in 2020, Lead Capital Markets Ltd. offers online trading through The company is headquartered in Cyprus and regulated by the financial authorities at the Cyprus Securities and Exchange Commission. provides Forex, index, commodities, shares, and cryptocurrency markets; however, traders in some markets, like in Japan, Canada and the US, are restricted from working with

Dealing spreads and trading costs are average overall; however, the broker’s registration status doesn’t provide enough transparency to allow users to be confident that those costs are always typical. is best for traders who are unable to work with brokers in jurisdictions like the US, the UK, or Western Europe. Investors who are primarily focused on Forex and CFD trading but would also like to trade US stocks and ETF’s may find an interesting dealer.

Industry standard trading platforms, including MetaTrader 4 (MT4).

Wide selection of markets including crypto, stocks, ETF’s, and Forex.

24/7 phone support was readily available and very helpful.

Registration in Cyprus results in less transparency into brokerage costs.

Wide trading spreads increase costs for active investors.

Separate trading platform for “live stocks” and ETF trading.


Because registration in Cyprus does not provide the same type of oversight and account protection of brokers registered in the U.K. or the U.S this is a drawback for It must be acknowledged that Forex dealers registered exclusively in Cyprus do not have the best track record when it comes to protecting account holders. While that may be unfair to some companies (and it’s true that the U.S. and U.K. have had their own share of problems) traders should keep this in mind. If defaults, any shortfall of funds of up to €20,000 may be compensated for under the Investor Compensation Fund (ICF). did use better internet encryption than typical, which was a big plus. There are no guaranteed stop losses, but account holders are provided with negative account balance protection, which is important during a period of extreme market volatility.

Desktop Experience

Investors can use virtually any order type including stops, limits, market orders, and advanced conditional orders through’s version of MetaTrader MT4 and their own custom web-based trading application. Default order sizes and the ability to trade from MT4’s navigator window (where current positions are listed,) or right from the charts makes the workflow process very efficient.

Investors can use software plug-ins for MT4, known as Expert Advisers (EA’s,) to execute virtually any trading strategy. With some effort, EA’s can be customized within the MT4 platform, to allow you to make your trade management process very efficient. The custom trading application was not as flexible or functional as MT4, but it was faster and easier to use.

Mobile Experience has a custom mobile trading platform as well as the mobile version of MT4. The mobile trading platform offers similar functionality to the web-based application. Traders can access trading instruments, advanced order types, a favorites watchlist, and account information all from their mobile device. Although the mobile platform also includes charts, that functionality is limited compared to the alternative mobile app for MT4.

The custom mobile app is easy to use and has enough minimal functionality to execute trades and do some analysis. The asset classes (Forex, shares, indexes, etc.,) were easy to find and add to a favorites list. The app was easy to install, but we are diisappointed that it had minimal security protections beyond password access. This could be a problem for traders who rely on mobile access and frequently access sensitive account information on the go. Depending on your region, the apps may be unavailable in the Apple App Store or Google Play Store.

Research offers a lot of research and insight tools that range from technical reports and economic calendars to stock analyst reports and research. However, some features are only available to traders who deposit a minimum amount in their account. For example, access to Trading Central’s technical alerts and reports is only available to “gold” accounts with at least $10,000 on deposit. The daily update video was very poor quality and too short to be very useful for traders looking for a concise update and actionable ideas. Although webinars are available, the schedule was inconsistent and the samples we were able to view were not impressive.

The best research features available from is the charting applications in their web-based platform and MT4. Although neither of these are considered state-of-the-art anymore, they were very flexible and contained most of the default indicators investors look for.


Most of the educational materials at are basic and even a little superficial. It isn’t unusual in the industry to have thin education in an attempt to “check a box” for prospective clients. However, we liked the “tooltips”-style education in the Web-based trading platform that gave a guided tour around the features and functions to help shorten the learning curve. maintains a YouTube channel with some commentary and educational videos available. Most of the content on the channel was dated and stale, but a patient investor may be able to find some helpful information.

Special Features

The special features we consider most valuable were included with MT4. Traders who use’s WebTrader platform won’t see backtesting, auto-trading, or trade analytics; but there were a few other features we thought were worth pointing out. In particular, we were impressed with the speed of the WebTrader platform and how easy it was to set up trades, navigate to different markets, and use research tools without becoming overwhelmed.

Investment Products has wider spreads than the industry average, but there were no commissions. There was an extensive list of cryptocurrencies available including Bitcoin, Ethereum, Litecoin and Dash. Account fees were reasonably limited except for a surprising inactivity fee for accounts left idle for 90 days. There was a nominal minimum account balance required ($100) to open an account. scored well on the breadth of products available. While we liked the straightforward spread-only cost structure some traders may actually find it cheaper to trade with a broker that charges a commission for or stocks and ETFs or that charge higher account fees with a narrower spread.

The process for trading live shares and ETF’s is a little different than it is through a broker-dealer in the US. The investor has a “beneficial interest” in the shares and dividends, but orders are still conducted over-the-counter. This means that although promises some price improvement, it is impossible for investors to know for sure where their order is being routed.

Commissions and Fees typically had wider spreads than the industry average, but there were no commissions. There was an extensive list of cryptocurrencies available including Bitcoin, Ethereum, Litecoin and Dash. Account fees were reasonably limited except for a surprising inactivity fee for accounts left idle for 90 days. There was a nominal minimum account balance required ($100) to open an account. scored well on the breadth of products available. While we liked the straightforward spread-only cost structure some traders may actually find it cheaper to trade with a broker that charges a commission for some trades or that charge higher account fees with a narrower spread.

Customer Support

Customer support hours are comprehensive and there are multiple methods to contact a support representative. Customer service representatives are polite and quick to respond to questions. While we found contacting support to be an above-average experience,’s website has a very limited FAQ section for quick answers to common questions.

The level of customer service increases depending on your account balance. For example, investors with more than $2500 in their account get a “dedicated” account manager. Investors with more than $50,000 in their account qualify for “premium” customer service. For new investors, with a large account, the extra support may be an advantage but does not provide details about the additional benefits of these enhanced service levels.

What You Need to Know has higher costs than average, but a no-commission structure across all markets. It was disappointing to see inactivity fees that kicked in after 90 days; otherwise, costs associated with having an account were minimal. The available markets were extensive and included many cryptocurrency markets as well as stocks, indexes, commodities and Forex. Registration in Cyprus and a relatively recent launch (founded in 2020,) is a little worrisome.

Traders who aren’t bothered by the registration and cost issues will be pleased to see the choice of a fast custom web application or MT4 for trading most of’s markets. Trading in live shares and ETF’s is conducted through MetaTrader’s MT5, which has similar features and functionality of MT4. Overall, is above average for Cyprus-based dealers and could be a good choice for traders unable to open a Forex or CFD brokerage account in more established markets.


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In addition, every broker we surveyed was required to fill out a 320-point survey about all aspects of their platform that we used in our testing. Many of the online brokers we evaluated provided us with in-person demonstrations of their platforms at our offices.

Our team of industry experts, led by Theresa W. Carey, conducted our reviews and developed this best-in-industry methodology for ranking online investing platforms for users at all levels. Click here to read our full methodology. Review

Review was founded in 2009 and has grown into a brokerage powerhouse, catering to over 100,000 active traders. This multi-asset brokerage features over 2,100 assets across five categories and is regulated by three jurisdictions. Besides CFD trading, it provides clients direct market access (DMA) where over 100,000 assets across 125 markets are available. Between 73.84% and 75.40% of traders lose money with this market maker broker.

Regulation and Security is the trade name of Trade Capital Markets (TCM) LTD and Livemarkets LTD. The former is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 227/14, as well as by the Financial Sector Conduct Authority (FSCA) in South Africa under FSP number 47857. The CySEC regulated entity operates under the Financial Instruments Directive 2020/65/EU or MiFID II and the EU’s 4th Anti-Money Laundering Directive. The Investor Compensation Fund (CIF), per EU Directive 2020/49/EU, protects deposits up to €20,000.

Livemarkets LTD is regulated by the Financial Conduct Authority under firm reference number 738538. Traders are protected under the Financial Services Compensation Scheme (FSCS), up to £85,000. Deposits remain segregated with Tier 1 banks.

This will not focus on the offerings of Livemarkets LTD but will focus on the offerings of Trade Capital Markets, for the sake of simplicity and transparency.

This Forex broker generates its fees from the mark-up on spreads. While it advertises the deployed fee-structure as industry-beating, a minimum spread of 1.0 pips on the EUR/USD is excessive. Full details are available on their website or directly from the trading platforms. Overnight swap rates on leveraged overnight positions apply, corporate actions like dividends and stock splits are passed into traders. An inactivity fee of $25 per month is deducted if no trading takes place for 90 days, while twelve months of inactivity results in an additional $100 charge.

The fee structure is high in certain assets, and acceptable for others.

What Can I Trade

The asset selection at is excellent. Traders have access to over 2,100 assets across six distinct categories. A maximum leverage of 1:300 for Forex traders adds to the overall appeal of this broker. One notable absence is the cryptocurrency sector, but overall cross-asset diversification is easily achieved.

Over 55 currency pairs are listed with a maximum leverage of 1:300.

A great selection of hard and soft commodities allows for proper diversification.

Traders have 26 index CFDs to choose from, further expanding earnings potential.

With more than 2,000 equity CFDs, most traders will have ample trading opportunities.

The popularity of ETF trading is fully supported by this broker, granting maximum leverage of 1:100.

Finalizing the great asset selection is four bond CFDs.

Account Types

Most traders will manage their portfolios from the CFD account, which is available in five types, and is unfortunately dependent on account sizes. At the time of this review, the advertised spread of 1.0 pip in the EUR/USD, already high, was solely available for an account size of $100,000 or more, which is absolutely unacceptable. The Silver account lists the minimum spread as 1.9 pips. DMA accounts are powered by Interactive Brokers, while UK based traders are additionally served with a tax-free spread betting account. An elective professional client program is available.

Traders may select from five uncompetitive CFD account types.

Interactive Brokers powers DMA trading.

UK traders have access to a tax-free spread betting account.

A professional trader classification is available to qualified individuals.

Trading Platforms features its proprietary trading platform and MT4. The focus is on WebTrader, equipped with fund management and intelligent analytics tools. Automated trading is unavailable, which is why the MT4 trading platform is supported. Regrettably, merely the most basic version, is presented to traders. The WebTrader grants access to a more suitable trading environment for manual traders who don’t require the MT4 infrastructure for advanced trading solutions.

WebTrader is the recommended platform for traders without the need for sophisticated trading applications.

The MT4 trading platform is offered, without the required third-party plugins to unlock its full potential.

Unique Features

Two distinct features create separation from most competitors. Thematic Portfolios allow traders to invest in hand-picked assets by the broker’s in-house investment team. The IPO marketplace grants clients a chance to receive shares in a very volatile market section.

Thematic Portfolios provide another layer of diversification. enables IPO trading.

Research and Education doesn’t publish its research, but a Daily Analysis and Morning Review are listed as being offered on the CFD account classification page. No further details are available. The research team was outsourced to Trading Central, only available to accounts with a minimum of $10,000. Education is missing from auxiliary trading services. This broker is unsuitable for new traders, and given its structure of services, and it is clear from the fact that better services are available to higher value traders, that does not care about the needs of those who either want to test their service with a low deposit or those who don’t have a high net worth.

Trading Central is tasked with research, but a minimum account size of $10,000 is required to get access to it, whereas many other brokers offer this service or similar services for all traders.

Customer Support

Customer support is available from Sunday 22:00 GMT until Friday 22:00GMTM. Clients may engage via e-mail, use the webform, launch live chat, or reach out through WhatsApp. It is essential to have quick access to a representative in case of emergencies.

Bonuses and Promotions doesn’t grant deposits or host promotions.

Opening an Account

Per standard operating procedure, an online application handles new account openings. An e-mail address and password grants access to the back-office. Account verification of new traders is mandatory through a copy of the trader’s ID and a proof of residency document.

Deposits and Withdrawals

Payment options are limited to bank wires, credit/debit cards, Skrill, and Neteller. Most traders will find this acceptable, but the lack of modern payment processors is disappointing.

General Information

Company Information

  • Broker’s Name :
  • Headquarter : Cyprus
  • Regulation : CySEC, FCA, FSCA

Account Information

  • Type of Broker : Market Maker
  • U.S. Clients Allowed :
  • Minimum Deposit : $100
  • Maximum Leverage : 1:300
  • Commissions / Spreads : Spreads
  • Account 1 : CFD
  • Account 2 : DMA
  • Account 3 : Spread Betting
  • Account 4 : IPO
  • Demo Account :
  • Islamic Account :
  • Segregated Account :
  • Managed Accounts :
  • Deposit Options :
  • Withdrawal Options :

Instruments Traded

  • ETFs :
  • CFDs :
  • Commodities :
  • Metals :
  • Stocks :
  • Oil :
  • Gold :
  • Binary Options :
  • Indices :

Trading Platforms

  • Type of Platform : MetaTrader 4, Proprietary platform, Web-based
    • Mobile
    • Web
    • iPhone
    • iPad
  • Trading Signals :
  • Charting Package :
  • Market Analysis :
  • Chart Trading :
  • Automated Trading :
  • Scalping :
  • Hedging :
  • Mobile Alerts :
  • E-mail Alerts :
  • Trailing Stops :
  • Guaranteed Stop Loss :
  • Guaranteed Limit Orders :
  • Guaranteed Execution :
  • One-click Execution :
  • OCO Orders :
  • Interest on Margin :
  • Web-based Trading :
  • Mobile Trading :
  • Customer Support

    • English
    • Spanish
    • Italian
    • German
    • Polish
    • Other
  • Support Hours : 24/5
  • E-mail Support :
  • SMS Support :
  • Chat :
  • Pros and Cons

    • Demo Account
    • Choice of Account Types
    • Customer Support to 25 Locations
    • Limited Bonuses or Promotions

    Is legit?

    This broker is in full compliance with three regulators, including powerhouse FCA in the UK. Therefore, it is a legit brokerage.

    How do I withdraw money from

    Traders may use bank wires, credit/debit cards, Skrill, and Neteller.

    How do I log into my account?

    The login button is located in the top right corner.

    What is the maximum leverage granted by

    This is asset and account dependent, with 1:300 listed as a maximum.

    Can I trade forex with $100 at

    This broker offers a micro account starting from $100.

    Summary is a well-regulated brokerage, and the asset selection is outstanding. Unfortunately, the extremely high trading fees make this broker an unsuitable choice for any trader. Simply put, asking for a $100,000 account size to lower the EUR/USD spread to 1.0 pip is unacceptable. Research is only granted for account sizes above $10,000, while education is unavailable. This broker is not positioned to handle new traders, while advanced traders will be served better elsewhere. Potential remains, but a complete overhaul of the business model is required.

    User Reviews

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    Poor Man

    I have no real complaints. I would have liked to make some money. But it was ok time.

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    Trading Accounts

    Account type Minimum deposit Minimum trade size Maximum leverage Spreads Trading platform
    Classic $1000 0.01 1:200 fixed 3 pips on EUR/USD MT4/WebTrader
    Gold $5 000 0.01 1:200 fixed 3 pips / variable 2.2 pips on EUR/USD MT4/WebTrader
    Premium $25 000 0.01 1:200 fixed 3 pips / variable 2.2 pips on EUR/USD MT4/WebTrader offers its clients a choice of three basic account types: Classic, Gold and Premium.

    Holders of the Standard and Premium accounts receive SMS signals and daily market analysis. The Premium account also offers exclusive customer support.

    In addition, offers demo accounts, as well as swap-free (Islamic) accounts, which are Sharia compliant (for Muslim investors who are unwilling to earn interest for religious reasons). The Company warns that it may add commission upon each and every one of the trades executed on the Islamic Account and/or prohibit customers from hedging their positions.

    The Company. Security of Funds is a foreign exchange and CFD broker founded in 2009. It offers trading in a wide range of instruments including over 45 currency pairs, commodities, precious metals, major indices, stocks, bonds and CFDs. is a brand name of Leadcapital Markets Ltd., an investment company, operating several online trading brands, such as,, Excellence Option, and The company is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC).

    CySEC applies a set of rules and supervision to license holders in order to provide certain level of security in the provision of financial services. For instance, customer funds must be held in segregated accounts. Besides, in order to operate legitimately, Cyprus investment firms must hold a minimum of €1,000,000 as a proof of their financial stability.

    As a further guarantee to clients’ funds, all CySEC-regulated companies are members of the Investor Compensation Fund, which is able to pay compensation to covered clients up to 20,000 EUR, If the company is becomes insolvent. Similar compensation schemes apply in other jurisdictions, in UK for instance the maximum compensation cover by the Financial Services Compensation Scheme is £50,000 per person per FCA-regulated firm.

    Moreover, each CySEC- regulated investment company is also MiFID compliant and therefore entitled to offer cross-border services within the EU under the MiFID Passporting Regime.

    Trading Conditions

    There isn’t much solid and clear information about trading conditions on different account types on the broker’s website and the customer support isn’t helpful either.

    Minimum Initial Deposit
    In order to open an account with, traders have to invest a minimum of $1000. Such minimum initial amount is a bit too high, as other Cyprus-based brokers require less. For instance, FXTM demands just $5 from its clients as a start.

    Spreads & Commissions
    According to the information on its website, account types with are commission-free, since the brokers receives compensation for its services through the bid/ask spread. offers both variable and fixed spreads and both values are comparatively high: 3 pips fixed and 2.2 pips variable on EUR/USD.

    In comparison, fixed spreads offered by Exness amount to 2 pips on EUR/USD on its commission-free Classic accounts, and XM provides variable spreads from 1 pips on majors and also doesn’t charge any commission.


    The maximum leverage level offered by is 1:200, which is average. In case you need higher leverage ratios, many Cyprus-based brokers provide such. FXTM, for example, offers leverage up to 1:1000, and Exness – up to 1:2000 (one of the highest on the forex market). You may check out a list of brokers, providing leverage equal to or exceeding 1:500 here.

    Nonetheless, we advise traders to be careful when trading on margin, as higher leverage involves greater risk of losses, which may even exceed the initial deposit.

    Trading Platforms

    This broker supports two trading platforms: the renown MetaTrader 4 (MT4) and WebTrader, powered by Sirix.

    MT4 is an internationally acclaimed trading terminal, offering a full spectrum of trading tools and resources: a number of technical indicators, extensive back-testing, advanced charting package and a wide range of Expert Advisors (EAs). Traders can download ready-made or create their own EAs and let the software do all the work.

    MetaTrader 4 is available to clients of as desktop and mobile versions. More brokers using the MT4 can be viewed here.

    This broker also offers WebTrader powered by Sirix, a web-based trading platform coded in HTML, which works on most browsers. The platform has social trading functionality built in, which allows you to see what other traders using the platform are doing and copy their strategies, however it lacks in-depth analysis. WebTrader is easy to use and is mostly tailored to newbies.

    Unlike most brokers, does not provide VPS – a virtual server that you can use for hosting your MT4 EAs, providing extra protection when trading forex.

    Methods of Payment

    The following payment methods are available to’s clients: credit/debit cards (Visa, MasterCard, Maestro, etc.), bank wire transfer and e-wallet payment systems, such as Skrill, Neteller, and CashU.

    Conclusion is a EU broker, regulated by CySEC, that offers online trading in forex currency pairs and CFDs through both the famous MT4 and Sirix WebTrader. Here are, in a nutshell, the advantages and drawbacks with regards to this broker:

    Pros Cons
    Well-regulated High spreads
    No commission fees No ECN Model
    Choice of trading platforms, MT4 available No clear information on trading conditions
    Broker Advantages

    FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.

    XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.

    FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.

    FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.

    FBS is a broker with cool marketing and promotions. It runs an loyalty program, offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.

    FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.

    HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage – one of the highest in the industry.

    Is a fraud or is it legit?

    Minimum deposit


    Maximum leverage

    Year founded


    Trading platform

    MT4, MT4 Mobile, WebTrader

    Things are changing fast at and seemingly for the best. This is one leading CFD brand that offers the earth and delivers the universe. Not only is this a highly regulated brand, operated by Livemarkets under FCA and TCM under CySEC and FSCA, but also, it’s now so much more than just a CFD provider. The firm has recently relaunched itself to offer over 2100+ CFDs on its proprietary platform or MT4, but now also offers a whole lot more. This multi asset brokerage firm gives access to IPO investing opportunities of some of the latest hot start ups before they go public, they also offer Thematic trading, which seems to be the new hot area of trading, and they give Direct Market Access to hundreds of thousands of assets through their joint venture with Interactive Broker. Other than this they also offer some amazing asset management services provided through their partnership with Argus FX.

    The website was recently relaunched and is the kind of gateway to these incredible investing opportunities. Over the course of the review we will focus purely on the CFD side of the business.

    Is legit?

    Absolutely. The brand under the umbrella of LiveMarkets and TCM is regulated by some of the key European regulators which include FCA in the UK, CySEC in Cyprus and they conform with MiFID directives. Plus they are regulated in South Africa by FSCA. The broker form part of an investor compensation scheme and they segregate client funds from their own. All in all, this a highly legit firm. review – The Website

    The website as we mentioned has been redesigned and relaunched to display all of the new products. The main homepage links to a new sub website for each of the products. If we look at CFDs then clicking on the CFD section of the homepage directs to a separate website reserved for CFDs. This contains all the information you will need on available assets, account types, spreads and so on.


    In terms of the structure of the company read the following: TRADE.COM is a trade name operated by Trade Capital Markets (TCM) Ltd (ex. Leadcapital Markets Limited) and Livemarkets Limited. Trade Capital Markets (TCM) Ltd is authorized and regulated in Cyprus by the Cyprus Securities and Exchange Commission (license number 227/14), and authorized in South Africa by the Financial Sector Conduct Authority (FSP number 47857). Livemarkets Limited is authorized and regulated in the United Kingdom by the Financial Conduct Authority (Firm Reference Number 738538).

    Trading: Account types, spreads, leverage and platform

    The broker offers a wide selection of 5 different account types, in addition to the demo trading account where they offer $10,000 in virtual funds. Each of these account types is suited to a different type of trader ranging from micro account, which best suits a hobbyist or beginner who is practicing. This goes up to the Exclusive account which is well-suited to the institutional or professional trader who will need to deposit a minimum of $100,000. The Gold account is seemingly the most popular. Each account comes with its own benefits and trading conditions which includes things like Daily Analysis, Premium customer account and analysis from Trading Central. If you have any questions about which account type might be best suited to you, you can speak to the customer support team 24 hours a day 5 days a week.

    Spreads, leverage and the good stuff offers its clients 55 currency pairs that they can trade with, which is a good amount and a nice variety for beginner and professional traders alike. Beyond just Forex, the broker also offers their users a number of options trading other financial assets including ETFs, Stock, Commodities, Indices and now, Cryptocurrencies too. All of the assets are CFD trading exclusively. In total, traders will have access to around 2100 types of financial assets, which is a huge amount of trading options.

    The spreads on the most popular currency pairs are rather standard. They are close enough to the average and seem to be rather manageable. The positive aspect of all this is that the spreads on the platform can be either fixed or variable, meaning that certain assets can be traded at different costs to what the traders actually expected they would be incurring.

    The FX brokerage also offers their customers some very solid leverage ranging, going up all the way to 1:300. This is for a trader who can prove himself to be a professional traders. Otherwise typical leverage is up to 1:30. Leverage which can be an excellent thing for a trader who knows how to use it, can also be pretty dangerous to beginners if they are not careful. Different levels of maximum leverage are available for different types of assets, with the highest leverage being available for Forex. To be able to access higher leverages, clients will have to be classified as professional traders. review of the platform

    The broker also offers three types of platforms – WebTrader and MetaTrader 4. This type of variety allows for all traders to have a chance to pick their preferred platform and work with it. The MT4 is highly respected and a well loved platforms by most traders. The Webtrader which is a proprietary platform, built in house by allows users to do some browser trading, which can be very useful to those who do not have the ability or desire to download any software on their PCs or laptops. This platform contains some really amazing features, including a huge selection of indicators, some amazing asset insight and statistics and a really great user interface which makes it easy to use this platform.

    In addition to the MT4 desktop and the Wen Trader you can also use the MT4 mobile too on your smartphone. The presence of so many trading platform options increases the rating overall.

    With all of these details, and many more, we can safely recommend as a leading broker. It is one of the better, if not the best, brokers to work with. These guys provide you with helpful customer service, good working options, and some nice platforms to work with. Their spreads are acceptable and the updated website is very functional and not too hard on the eyes.

    Remember spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.84% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money

    Is legit Forex broker?

    Minimum deposit


    Maximum leverage

    Year founded


    Trading platform

    MT4, WebTrader, MT4 mobile

    Its trading time!

    Get an account with plus500 and trade all possible types of CFDs: Currencies, Crypto, Indices, Commodities, ETFs, and more

    76.4% of retail CFD accounts lose money is one of the most remarkable representatives of the CFD trading industry. It has built a name for itself and a strong reputation for integrity, excellent offering and product. Founded in 2020, is delivering its services from the main office located in Nicosia, Cyprus. The website is owned and is being operated by Trade Capital Markets (TCM) Ltd CySEC regulated and by Livemarkets Limited which is FCA regulated.

    Is legit? This question is asked frequently, although is a fully legit business. The brand is operated by TCM Markets and Live Markets which are both regulated (CYSEC and FCA respectively) plus by the FSCA in South Africa. Additionally, the safety of clients’ funds is the priority for this company. That is why offers a segregated account feature. Review: Account Types

    To ensure the best quality of trading even for a very demanding customer, offers different account packages. Our review identified a selection of different types of trading accounts for CFDs at this broker. Account minimum deposit starts at just $100 for the micro account and conditions get better as you work your way up the account types.

    Although it is worth noting that they offer many more products in addition to CFDs. This includes Direct Market Access trading of over 100,000 global assets at best price execution, access to IPO allocations. Thematic trading and even asset management plus spread betting for UK and Irish clients.

    Besides great live trading accounts, allows testing the platform with the help of the free demo account.

    Trading Platforms Forex broker provides two trading platforms for all the registered users. These are:

    The WebTrader, as the name implies, does not require the trader to download any software. The user receives access to more than 2,000 trading instruments via the browser. WebTrader has simple navigation, advanced charting package and tons of technical indicators. It is also worth mentioning that WebTrader is fully supported by Android and iOS devices. This allows trading on the go.

    To launch MetaTrader 4, the user has to install the software. Just like WebTrader, MT4 grants the trader access to hundreds of assets, including Forex, CFDs, Stocks, Indices, Commodities, Bonds, cryptos and now even Cannabis based assets. On top of that, the platform allows users to benefit from automated trading, embedded tick charts, and alerts on trading positions. Opinions: Spreads and Leverage

    Spreads at are fixed and start from 0.4 pips for gold for the institutional account size for gold trading. The spreads increase as you move down towards the micro account. allows increasing the size of the position by utilizing the leverage. Usually leverage is around 1:30. Higher leverage can only be accessed by traders who have been categorized as professional traders.

    Is legit? A look into its Customer Support website is multilingual and is available in 12 languages. Customer support quality at is great. It is possible to reach the agents 24/5 via telephone, email and live chat.

    Deposits and Withdrawals offers various payment methods on its website. To fund the account, the client can use credit/debit cards, wire transfer and other remittance methods like Skrill, Safeguard and Neteller. Withdrawals are made quickly at, provided that the client has submitted all the necessary KYC documentation beforehand.

    Conclusion: is legit

    As can be seen from our honest review, this broker certainly deserves your attention. If CySEC or FCA license is important for you – we advise you to sign up with this broker! It is also important to remember that no matter what kind of license a broker might have and how good the services they offer are, they are still not able to limit the risk that is associated with CFD trading.

    Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.84% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

    Its trading time!

    Get an account with plus500 and trade all possible types of CFDs: Currencies, Crypto, Indices, Commodities, ETFs, and more

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