BRK-Overview of Minimum Deposit, Leverage, Spreads
Abstract：BRK is an unregulated broker that offers mult-asset trading via the leading MT5 platform. Many traders will select a broker because MT5 is today's most popular trading platform. Nevertheless, the absence of regulation places many customers at risk of losing their money.
BRK is an unregulated broker that offers mult-asset trading via the leading MT5 platform. Many traders will select a broker because MT5 is today's most popular trading platform. Nevertheless, the absence of regulation places many customers at risk of losing their money.
Pros and Cons
| Pros | Cons |
| Minimum deposit: $50 | No regulation |
| Popular trading platform: MT5 | Lack of transparency |
| Maximum leverage up to 500:1 |
Is BRK Legit?
BRK HOLDINGS LIMITED established BRK in 2019, and the company's registration number is 02215079. However, BRK is not regulated by the Financial Conduct Authority (FCA). And FMA and MAS also can't find anything about it.
What Can I Trade on BRK?
BRK offers over 30 forex currency pairs, indices, stocks and bitcoin for personal investment and trading options.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Shares | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ✔ |
| Metals | ✔ |
| Soft Commodities | ✔ |
| Options | ❌ |
Account Type
BRK offers two account types: live and demo. Customers can open a demo account to develop and enhance their abilities, and they can convert it to a live account for trading once they have attained proficiency.
Leverage
The maximum leverage ratio provided by BRK is much higher than most brokers, up to 1:500. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.
BRK Fees
BRK fees are lower than the industry average.
| Account Type | Minimum Deposit | Spread |
| Live | $50 | 0.8 |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Mobile device (Mac, Android, iPhone, iPad), Desktop | Experienced traders |
Deposit and Withdrawal
Deposit Options
| Deposit Options | Min. Deposit | Processing Time |
| Neteller | $50 | Not mentioned |
| Skrill | $50 | Not mentioned |
Withdrawal Options
| Withdrawal Options | Min. Withdrawal | Processing Time |
| Neteller | $50 | Not mentioned |
| Skril | $50 | Not mentioned |
Customer Service
| Contact Options | Details |
| Phone | +44 7845 576291 |
| support@thebrokerscapital.com | |
| Support Ticket System | ❌ |
| Online Chat | ❌ |
| Social Media | Facebook, Instagram |
| Supported Language | English |
| Website Language | English |
| Physical Address | Suite 305 Griffith Corporate Centre, P.O. Box 1510, Beachmont, Kingstown, St. Vincent and Grenadines |
FAQs
Is BRK safe?
BRK lacks regulation and can be very unsafe, with many legal and financial risks.
What kind of trading platform does BRK offer?
MT5 offers a user-friendly platform with extensive knowledge-sharing capabilities.
Is BRK good for beginners?
No. We don't recommend any traders trade with unregulated brokers although it advertises to offer quite attractive trading conditions.
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