I love its diversified range of currency pairs, leverage up to 1:500, friendly minimum deposit, everything seems so perfect. More importantly, I tried its demo account, good. I’ve decided to open a real account here. Is there anyone who would like to join me?

The minimum deposit of only $50 is friendly to newbies, but 1:500 leverage is not suitable. The risk is too great! Such high leverage is not recommended for both novices and experienced ones.

Don't get lured in by Prevail FX's super low minimum deposit of 10 bucks. It might look like a sweet deal, but believe me, their trading conditions are a real downer. Their spreads and commissions? Way higher than most other brokers. Making a profit? More like mission impossible. So, watch out and think twice before investing.