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No Regulation
Score
1.47 /10
Danger
Broker Major
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index6.69
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
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Warning: Low score, please stay away!
Previous Detection :
2025-01-01
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
Note: Broker Major's official website: https://brokermajor-fx.com/ is currently inaccessible normally.
| Broker MajorReview Summary | |
| Founded | / |
| Registered Country/Region | Marshall Islands |
| Regulation | No regulation |
| Market Instruments | Forex, commodities, indices, stocks |
| Demo Account | ❌ |
| Leverage | Up to 1:50 |
| EUR/USD Spread | Floating around 0.4 pips |
| Trading Platform | Sirix |
| Min Deposit | $500 |
| Customer Support | 24/7 live support |
| Phone: +44 07985590944 | |
| Email: support@brokermajor24.com | |
Broker Major Information
Broker Major is an unregulated broker, offering trading on forex, commodities, stocks and indices with leverage up to 1:50 and EUR/USD spread floating around 0.4 pips via Sirix trading platform. The minimum deposit requirement is as high as $500.
Pros and Cons
| Pros | Cons |
| Various trading products | Absence of regulatory oversight |
| Multiple account types | Unable to access the website |
| Tight EUR/USD spread | No demo accounts |
| No MT4/MT5 platform | |
| High minimum deposit requirement |
Is Broker Major Legit?
No. Broker Major is not regulated. It is registered in the Marshall Islands, which is filled with scammers and shady companies. It does not offer guaranteed funds or segregated accounts.
Traders should proceed with caution and understand the risks involved when dealing with an unregulated broker like Broker Major.
What Can I Trade on Broker Major?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
Here are four account types Broker Major offers:
| Account Type | Min Deposit |
| MINI | $500 |
| STANDARD | $5 001 |
| GOLD | $10 001 |
| PLATINUM | $15 001 |
Leverage
Broker Major offers a maximum leverage of 1:50 across all account types.
Broker Major Fees
Broker Major Spreads
The broker offers EUR/USD spread floating around 0.4 pips.
Non-Trading Fees
If an account stays inactive for 6 months, the company will deduct 10% each month.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| Sirix | ✔ | Web | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
The broker accepts payments done via VISA, MasterCard, Skrill, Neteller, TrustPay, Deal, Euteller, Sofort, GiroPay, Paysafecard, Teleingreso, Neosurf and Ticket Surf.
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