Discover 　

Note: Discover's official website: https://www.discoveripfx.com/ is currently inaccessible normally.

Discover Information

Discover is a broker incorporated in Japan in 2023, offering Forex, Commodities, Indices, Options to traders, and providing its own trading platform Discover FX. In addition, it says it offers low spreads and supports fee waivers. As of now, Discover is unregulated and contains too little information.

Is Discover Legit?

Discover is currently unregulated and its website is inaccessible.

Pros and Cons

Market Instruments

Discover offers a wide array of trading assets accessible through a single account. These include commodities, forex, indices, and options, among others.

Leverage

Discover JFX offers a maximum leverage of 1:400 on major currency pairs, which means that you can control up to $400,000 for every $1,000 you deposit. This can be a great way to amplify your profits, but it is also important to remember that it can also amplify your losses. For example, if you lose 1% of your account balance with a leverage of 1:400, you will lose 40% of your deposit.

Discover Fees

Discover says it offers a low-spread and fee-free environment for forex trading. It does not charge any fees for foreign exchange transactions.

Trading Platform

Discover offers Discover FX Trading platform across various operating systems, including iOS, Android, and Mac.

Customer Support

Discover offers customer support primarily through phone contact, with the company's phone number listed as +81 04-2000-2818.