Founded in 2022 and registered in the Bahamas, ST Global Markets is a financial firm offering trading in Equities & Equity derivatives, energies, metals, and futures. It provides diverse trading platforms, including MT5 as well as Sterling, Tekion, Das, Dynamics Trading, CQG, and Silexx. However, it only holds a exceeded Common Financial Service License from the Securities Commission of The Bahamas (SCB).
Upstox is an unregulated Indian brokerage firm founded in 2011. It offers a wide range of tradable instruments, including stocks, Indian indices, mutual funds, IPOs, futures & options, currencies, and commodities. The firm provides a demat account and trading account for its clients. Moreover, Upstox offers zero commission on mutual funds and a clear fee structure that includes flat fees for various types of orders.
GF Futures is a regulated broker, which was registered in 2003 in China, offering trading services for futures. It provides various contact channels, but in terms of trading details, GF Futures does not explicitly provide.
GMI Edge is a broker founded in 2009 and registered in Vanuatu with an unverified license from VFSC. It offers various instruments: Gold, Oil, Silver, Forex, Indices, and Stock CFDs. It also provides multiple account types: ECN Account, CENT Account, Standard Account, and a demo account, with a low minimum deposit of $15 (for the CENT account). Moreover, GMI Edge offers competitive spreads starting from 0.0 pips, high leverage of up to 1:2000, and access to MT4, MT5, GMI EDGE, and Multi-Account Manager (MAM).
Prochoice started in 2009 and is situated in Cyprus. The Cyprus Securities and Exchange Commission (CySEC) has given this investment firm a license. The company is a member of the Cyprus Stock Exchange (CSE) and a remote member of the Athens Stock Exchange (ASE), offering services such as trading in forex, commodities, indices, CFDs, and local/regional equities.
South Korea is home to SK Securities, which was founded in 1955. The FSC and FSS don't oversea it, but it works like a regular investment business, offering services including brokerage, structured finance, corporate finance, and robo-advisory.
GivTrade is an offshore regulated broker that was refistered in 2021 and is based in Mauritius. It enables you to trade a wide range of financial instruments through CFDs. It has its own mobile app and supports MetaTrader 5. It also has Classic accounts with no commissions and no fees for things other than trading.
ParkMoney is a trading platform founded in 2019. It offers access to a variety of market instruments, including forex, metals, energies, indices, shares, and commodities. The platform provides a demo account for practice trading and operates on the MT5 trading platform. ParkMoney offers leverage of up to 1:400 and spreads starting at 0.1 pips (for EUR/USD). Additionally, ParkMoney offers Partnership Opportunities, allowing clients to join as Introducing Brokers (IBs).
APX Prime is a brokerage firm founded in 2021, registered in Saint Vincent and the Grenadines. It offers brokerage services with three types of trading accounts: Cents, Standard, and ECN. The platform provides access to forex, CFD and equity markets. APX Primeoperates on the MT4 trading platform, offering high leverage of up to 1:2000 and competitive spreads starting at 0.1 pips. A minimum deposit of $10 is required to open an account. The platform does not have regulatory oversight.
Philippine National Bank (PNB) is one of the oldest and biggest private commercial banks in Philippines, which opened in 1916. It is currently not regulated by any financial authorities, either in the US or abroad, but it does offer a full range of traditional and digital financial services to customers in the US and abroad through its large network of branches and ATMs.
Avior Capital Markets was previously a licensed financial services business in South Africa, regulated by the FSCA until its license was withdrawn in 2022. The company operates in South Africa, the United Kingdom, and the United States, providing a range of institutional-grade services such as worldwide trading, independent research, derivatives, and corporate broking.
Forexdana is a global trading platform offering over 500 CFD (Contracts for Difference) trading instruments, covering forex, cryptocurrencies, precious metals, stocks, indices, and commodities (such as crude oil). The platform highlights "micro lot trading" and "ultra-fast execution," supporting beginners to get started through a demo account (free 30-day trial).
FXnice, surprisingly, is not proving nice for forex traders all over. Traders have been requesting the company officials to allow them to withdraw their funds. However, these officials provide them a false reason, i.e., unverified accounts for withdrawal denials. Inaccurate technical tools and incompetent analysts further add to the investors' woes. Dive into this much-awaited exposure story on FXnice.
Prime Codex, founded on March 12, 2021, is a brokerage firm registered in Saint Vincent and the Grenadines. It offers trading services for Forex, Metals, and US Stocks through its platform, which supports MetaTrader 5 (MT5). The company provides three account types: Standard Account (for beginners), ECN Account (for experienced traders), and US Stock Account (also for beginners). Prime Codex operates with up to 1:500 leverage for Forex and Metals accounts and 1:10 leverage for US Stocks. However, it is important to note that Prime Codex is unregulated, which may pose risks for traders.
Esperio is an online broker that offers diverse market instruments, including forex, CFDs, and cryptocurrencies, with spreads starting from 0 pips and high leverage up to 1:1000 on the MT4 and MT5 trading platforms.
TD is an online trading firm that offers comprehensive personal banking services, including credit cards, mortgages, and various investing options accessible via its user-friendly TD App. However, it is not regulated by any financial authorities currently.
YLD FX is an online trading platform and it provides different trading instruments like Forex, Cryptos, Stocks, and Indices. It provides commission-free investing and demo accounts through the MT5 platform. Its regulatory status with Labuan FSA is unverified.
Dreamt of massive returns on your forex investments through Growline but didn’t receive profit withdrawals? You are not alone! In this article, you will get to know about the problems faced by its investors. Read out their comments and share your reviews on our platform. We will highlight your issue.
If there was ever a forex scammer to be alert of, Profit Trade emerges as the first one. The Bulgaria-based forex broker has been annoying investors by denying their withdrawal requests, suspending their account without any reason, and unfulfilled promises.
Think your company’s forex strategy is under control? Think again. Even large organizations fall prey to hidden currency risks that can quietly eat into their margins. From overlooked exposures to outdated strategies, here are the top five forex risk management errors businesses make—and how to avoid them.