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Score

1.53 /10
Danger

Broctagon

Singapore

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://broctagon.com

Influence

C

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Time Machine
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Score

Regulatory Index0.00

Business Index7.16

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
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 : 2025-01-08
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Broctagon · Company summary
BroctagonReview Summary
Founded2014
Registered Country/RegionSingapore
RegulationUnregulated
Market Instruments1,800+, Forex, Commodities, Shares, Indices, Futures, Crypto CFDs
Demo Account✅
Leverage1:500
SpreadFrom 0 pips
Trading PlatformMT4, MT5, cTrader, ZERO trader
Min Deposit/
Customer SupportLive chat, Contact form
Email: info@broctagon.com
Social Media: LinkedIn, Facebook, Instagram, Twitter
Company Address: 14 Robinson Road #06-01, Singapore 048545

Located in Singapore, Broctagon was founded in 2014 and provides a wide variety of trading options in forex, commodities, shares, indices, futures, and cryptocurrency CFDs. The business offers traders trading and demo accounts to test out different tactics, despite operating without regulatory oversight. Additionally, it is available via well-known trading platforms including ZERO trader, cTrader, MT4, and MT5.

Pros and Cons

ProsCons
Diverse range of tradable assetsAbsence of regulation
Demo accountsUnclear minimum deposit requirements
MT4 and MT5 supportedLimited payment options
Multiple contact channels

Is Broctagon Legit?

No, Broctagon is unregulated. It operates without being monitored by established financial regulatory bodies. Please be aware of the risk!

What Can I Trade on Broctagon?

Over 1800 tradable assets are available on this platform, including Forex, Commodities, Shares, Indices, Futures, and Crypto CFDs.

Trading AssetAvailable
forex✔
commodities✔
shares✔
indices✔
futures✔
Crypto CFDs✔
bonds❌
options❌
ETFs❌
What Can I Trade on Broctagon?

Leverage

Broctagon offers leverage of up to1:500. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Fees

Forex PairsSymbolSpread
Euro vs United States DollarEURUSD0.00028
United States Dollar vs Japanese YenUSDJPY0.124
British Pound vs United States DollarGBPUSD0.0015
United States Dollar vs Swiss FrancUSDCHF0.00115
United States Dollar vs Canadian DollarUSDCAD0.0015

Trading Platform

MT4, MT5, cTrader, and ZERO trader trading platforms are all available on this platform.

Trading PlatformSupported Available Devices Suitable for
MT4✔Desktop, Mobile, WebBeginners
MT5✔Desktop, Mobile, WebExperienced traders
cTrader✔Desktop, Mobile, Web/
ZERO trader✔Desktop, Mobile, Web/
Trading Platform

Deposit and Withdrawal

Broctagon facilitates deposits through various methods such as bank deposit, USDT transfer, PayPal, and Match2pay-BTC. Withdrawal methods vary based on the broker's configuration and may require specific fields to be completed. Traders can select their preferred withdrawal method, and additional fields will appear accordingly for completion.

Payment methods
Withdrawal methods

User Reviews

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User comment

3

Comments

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momo19236
more than one year
This broker offers versatile solutions. From advanced tools like the AXIS CRM for strategic trading to ZeroX's user-friendly interface for quick market reactions, it's a blend of sophistication and accessibility. Whether you're into detailed analytics or prefer swift execution, Broctagon's platforms cover all bases!
This broker offers versatile solutions. From advanced tools like the AXIS CRM for strategic trading to ZeroX's user-friendly interface for quick market reactions, it's a blend of sophistication and accessibility. Whether you're into detailed analytics or prefer swift execution, Broctagon's platforms cover all bases!
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2024-07-16 17:58
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Michael Evans
more than one year
I love that mt5 platform is always stable and rarely experiences downtime. Its flexible leverage is another plus, super suitable for me with little money😃😃😃 . Their customer support needs some improvements, truly. You know why? They are slow to respond...
I love that mt5 platform is always stable and rarely experiences downtime. Its flexible leverage is another plus, super suitable for me with little money😃😃😃 . Their customer support needs some improvements, truly. You know why? They are slow to respond...
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2024-06-28 17:32
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