Brainstorm Market Review - Is It Safe or Scam? - WikiFX

WikiFX | 2025-04-30 11:30

Abstract：Brainstorm Market was founded in 2024 and is registered in Saint Lucia but remains unregulated. It offers around 250 trading instruments on the MT5 platform.

Brainstorm Market Review Summary
Founded	2024
Registered Country/Region	Saint Lucia
Regulation	Unregulated
Market Instruments	FX, CFDs, cryptos, and commodities
Demo Account	✅
Leverage	Up to 1:1000
Spread	From 0 pips
Trading Platform	MT5
Minimum Deposit	/
Customer Support	Sunday - Friday: 9 am - 5 pm
	Contact form
	Email: contact@brainstorm.market
	Phone: +971 54477003
	Contact Address: Office No. G06 4th Floor Al Moosa Tower 2Sheikh Zayed Road, Dubai, United Arab Emirates
Regional Restrictions	/

Brainstorm Market was founded in 2024 and is registered in Saint Lucia but remains unregulated. It offers around 250 trading instruments on the advanced MT5 platform. The broker provides flexible leverage from 1:100 to 1:1000. There's no commission, and it starts with a spread as low as 0 pips, yet lacks details on funding methods and minimum deposits.

Pros and Cons

Pros	Cons
Various trading instruments	No regulation
MT5 offered	Newly established
Flexible leverage ratios	No information related to deposit and withdrawal
No commission charged	No 24/7 customer service

Is Brainstorm Market Legit?

Brainstorm Market is not regulated. Besides, it was registered on September 12, 2024. As of now, its status is “client transfer prohibited”.

What Can I Trade on Brainstorm Market?

Brainstorm Market offers around 250 instruments such as FX, CFDs, cryptos, and commodities tradings. There's no ETFs trading or bonds trading. But overall, you still have a good mix of investment options.

Tradable Instruments	Supported
Forex	✔
CFDs	✔
Commodities	✔
Cryptocurrencies	✔
Indices	❌
Shares	❌
Bonds	❌
Options	❌
ETFs	❌
Mutual Funds	❌

Account Type

Brainstorm Market offers two kind of accounts :the FX Standard account and the Raw Spread account on their MT5 trading platform. However, there is no information related to their minimum deposit requirements.

Leverage

Brainstorm Market offers leverage from 1:100 to 1:1,000. This flexible leverage allows traders to adjust their trading strategies. However, high leverage such as 1:1,000 can lead to substantial gains, but it also comes with extremely high risks

Brainstorm Market Fees

Brainstorm Market begins as low as a spread of 0 pips. Besides, it claims that it does no charge commission for their traders.

Trading Platform

Brainstorm Market supports MT5 trading platform. MT5 is a well - known online platform, it's the latest iteration of the MetaTrader platform. It stands out for its innovative features and high-end functionality.