We base all of our broker assessments on publicly available data and in-depth research of the organization. Our top objective is to present an unbiased perspective on the broker that can assist traders in making informed trading decisions. As a result, we open an account with a broker and evaluate their service, and we occasionally consult their management team for correct company information. To provide you with a comprehensive overview, we used the same criterion for the LonghornFX broker review.
Forex Bonus is very common in financial markets and is usually offered for traders. It is a promotional offer by which brokerage companies usually entice new traders. In the forex market, the trading bonus is usually a fixed amount of money or a certain percentage gifted to traders as they open an account, deposit money, or open a defined number of trades, depending on the bonus type.
Almost all businesses and individuals in the UK who offer, promote, or sell financial services or products must be authorised or registered with us. We have not authorized this company, and it is targeting people in the United Kingdom. If something goes wrong, you won't have access to the Financial Ombudsman Service or the Financial Services Compensation Scheme (FSCS), so you're unlikely to get your money back.
Clearly, Hankotrade accomplished none of the above, and could not even be considered a broker, but rather a foreign exchange market con. If Hankotrade offers more leverage than this, it's a sign that it's a possible con. Hankotrade is more likely to be a fraud if it requires a higher-than-average sum. A legitimate broker will usually ask around $5 to $10 in exchange for their services.
Buy the dip
Dow Jones / EUR / GLOD / Crude Oil
EmpiresX promises to be the best brokerage firm on the industry, yet it has no phone number or address. As strange as it may sound, we want to encourage our readers to stay tuned because this is only the beginning. In this EmpiresX review, we'll reveal many more secrets that EmpiresX has carefully kept concealed from the general public. If you're trying to figure out whether EmpiresX is a scam or not, read the whole EmpiresX review and make your own decision.
EmpiresX is an offshore broker that is not authorized in its region by any reputable regulatory organization. The broker can operate in many countries without being regulated by a reputable regulatory authority in that country, such as CySec, ASIC, FCA, CNMV, and so on. However, regulation cannot be the main grounds for labeling this broker a swindler. Many EmpiresX complaints and unfavorable Broker reviews, as well as other probable scam elements, could all be contributing factors. If you trade with EmpiresX, your money may not be safe.
NovaTechFX claims to provide the lowest commissions and spreads in the Forex and crypto markets, as well as the finest trading experience. On the main page, we have a few of offices, but no regulations.
The Dubai Financial Services Authority (DFSA) is warning the financial services community and the general public about Redimax Capital's misleading statements (also known as REDIMAX CAPITAL or RediMax). On its website, Redimax Capital falsely claims to be a DFSA-regulated broker and provides a DFSA registration number, implying that it is licensed to provide "registered financial services in Dubai."
The broker provides very competitive trading conditions in a regulated atmosphere, which has quickly increased its attractiveness among aggressive traders. The main draw is the low spread, which starts at 0.7 pips (floating, EUR/USD), which is exceptional because the spread eats into your profits and is charged on each each trade. A low spread means more money stays in your pocket, which is definitely not a bad thing!
ABinvesting appears to be a typical offshore brokerage. We haven't noticed anything unique about the company that leads us to believe it is better or more legitimate than others.
Trendsmacro presents itself as a high-tech broker with excellent trading conditions, including spreads as low as zero, STP execution, and leverage as high as 1:400. All of this comes with a choice of four account types, a diverse range of trading instruments – including more than 50 currency pairs and several CFDs on indices, metals, energy commodities, stocks, and futures – and the famous MetaTrader4 platform.
The Austrian regulator FMA has issued a warning about the TRENDSMACRO broker scam (www.trendsmacro.com). Ascana Group Ltd, a Marshall Islands-based company, is purportedly the perpetrator of this shoddy white-label scheme. The good news for potential victims is that deposits can only be made once you have been unlocked, which means you have uploaded your documents. Under no circumstances should you do this. Scammers will utilize your personal information and documents, such as passports, proof of address, phone number, and email address, to commit identity theft.
Not every trader has the luxury of starting the trading journey with a big forex account. Does it mean that traders with a small trading account can grow their accounts? Yes, they absolutely can. Through the right risk management rules and good investment decisions, a small account can be turned to a bigger one.
Index / Stocks / Crypto / Metals / Commodity & Futures / Forex
It should be "ETH update
LeoPrime is pleased to announce that during the first three quarters of 2018, the company's global forex trading volume increased by over 200 percent to US$5.2 billion, and the number of clients increased by over 4,100 percent, from 166 clients in 22 countries in Q1 to over 7080 clients in 138 countries by Q3.
Land-FX, a London-based firm that mostly serves Asian traders, increased its revenue from nearly $0 in 2018 (£65,000) to £470,000 in 2019. The net loss of the corporation decreased from £542,000 in 2018 to £165,000 last year. However, as previously said, the corporation still lost money.
Brett Down, Regional Branch Director for Crombie Lockwood, guides us through some common questions about business insurance and the benefits of using a broker.