An offshore broker is not subject to any regulation. Only cryptocurrency trading is available, there is no real trading platform, no information about trading conditions, and the minimum deposit is $250, like most brokers. But there are still many brokers who offer mini and micro accounts with lower thresholds.

The moment I stepped in, they were nudging me to deposit a bare minimum of 500 USD, alluring me with the promise of low spreads and solid profits. Naive as I was, I plunged in, only to be met with gut-churning customer service, a trading platform as temperamental as a cranky toddler, and slippages that would rival a yardstick! Looking back, I can't help but regret. My hard-earned cash has taken a quite plundering and, quite frankly, I feel blindsided.

My orders keep being rejected and "Their team has been trying to fix the problem and it is taking longer than anticipated", is their answer. Longer is more than 3 months that I have been with them.