QuantumTrade
QuantumTrade is a broker that offers over 150 trading instruments including forex, stocks, indices, cryptocurrencies, and commodities. It offers six account types with flexible leverage up to 1:400. However, it is unregulated. And information on trading fees is not provided.
Networkfsi
Networkfsi is an unregulated forex broker based in the United Kingdom. Its market instruments include indexes, commodities, stocks, and cryptocurrencies, in addition to forex. The leverage on this platform is up to 1:200. Investors need to deposit at least €5 000 to start trading on Networkfsi.
Tradelivefx
Tradelivefx is a brokerage company who currently does not maintain functional website that we can only get limited information about this company on Internet.
MarketsEU
MarketsEU is a brokerage company who currently does not maintain functional website that we can only get limited information about this company on the Internet.
Novelis Capital
Novelis Capital is a newly-established brokerage company and currently does not maintain functional website that we can only get limited information about this company on the Internet.
iTraders24
Based in the UK, iTraders24 is an unregulated broker. Through a web trader, it provides market instruments such as stocks, commodities, FX, indices, and cryptocurrencies. This platform's trading window is open till 1:100. To begin trading on this platform, traders must invest at least $250.
Opoforex
Opoforex is a broker. The tradable instruments with a maximum leverage of 1:2000 include forex, commodities, stocks, cryptocurrencies, metals, and indices. The broker also provides four accounts for MetaTrader and provides three accounts for CTrader. The minimum spread is from 0 pip and the minimum deposit is $100. Opoforex is still risky due to its unregulated status and high leverage.
Russia Turns to Bitcoin for International Trade Amid Sanctions
Russian companies are increasingly using Bitcoin and other cryptocurrencies to bypass Western sanctions and facilitate international trade. The country's Finance Minister, Anton Siluanov, confirmed that cryptocurrencies mined in Russia are now being employed for foreign transactions under an experimental framework.
Cryphall
Cryphall is an offshore brokerage firm headquartered in Saint Vincent and the Grenadines, operating without a legitimate foreign exchange license. It claims to offer over 250 trading instruments with competitive spreads, starting from just 0.6 pips, and leverage up to 1:100. However, it fails to mention crucial information such as specific fees and the minimum deposit requirement.
Max Global FX-Overview of Minimum Deposit, Spreads & Leverage
Max Global FX is a financial brokerage firm registered in Saint Vincent and the Grenadines, offering trading services in various financial instruments, including forex, cryptocurrencies, commodities, and indices through the MetaTrader 4 (MT4) platform. However, Max Global FX currently has no valid regulation, so investing with this broker is risky.
XGLOBAL Markets-Some Important Points about This Broker
Founded in 2012, XGLOBAL is a regulated broker registered in Cyprus, offering trading in forex, CFDs, precious metals, equity indices, energies, commodities, and shares with leverage up to 1:200 and spread from 0.2 pips via the MT5 platform. Demo accounts are available and the minimum deposit requirement to open a live account is $100.
Kurzena
Kurzena is an unregulated brokerage company registered in Saint Vincent and the Grenadines. While the broker's official website has been closed, so traders cannot obtain more security information.
WORLDFXTRADING
WORLDFXTRADING is an unregulated brokerage company registered in the United States. While the broker's official website has been closed, so traders cannot obtain more security information.
Solutions Markets
Solutions Markets is a broker. The tradable instruments with a maximum leverage of 1:200 include forex, commodities, stocks, cryptocurrencies, and indexes. The broker also provides three accounts. The minimum spread is 0 pips, and the minimum deposit is $250. The broker is still risky due to its unregulated status.
GSM
Registered in the United Kingdom, GSM is a broker that provides investors with precious metals, stock indices, futures, crude oil, and other internationally popular trading products. The tradable instruments with a maximum leverage of 1:200. The broker also provides three accounts with a maximum leverage of 1:200. The minimum spread is from 0.0 pips and the minimum deposit is $100. GSM is still risky due to its suspicious clone status, and bad reviews about stock fraud.
SwedenCap
SwedenCap is an unregulated brokerage company registered in Saint Kitts and Nevis. While the broker's official website has been closed, so traders cannot obtain more security information.
Switch Markets -Overview of Minimum Deposit, Leverage, Spreads
Switch Markets was founded by Switch Markets International PTE Ltd in 2018 in Australia. It provides various trading assets, like Forex, Indices, Digital Currencies, Commodities and CFD Shares with leverage up to 1:500 and spread from 1.4 pips on the Standard account. Demo accounts are available and the minimum deposit requirement to open a live account is just $50. However, it is not regulated currently.
Primecap
Primecap is allegedly a forex broker registered in China that claims to provide its clients with various tradable financial instruments with flexible leverage up to 1:300 and floating spreads on the MT4 and MT4 web trader trading platforms via three different live account types.
Gallant Finance
Gallant Finance is an unregulated brokerage company registered in the United Kingdom. While the broker's official website has been closed, so traders cannot obtain more security information.
GENESIS VISION 3133337304 Risk Warning
GENESIS VISION is a broker. The tradable instruments include forex, commodities, stocks, crypto, metals, CFD, and indices. GENESIS VISION is still risky due to its unregulated status and no more information, such as account, deposit, withdrawal, and fees.
Popular tags
Latest News
How to Avoid Risks from Scam Brokers in Forex Investment
WikiFXBeware: Forex Investment Fraud Targeting Low Income Earners
WikiFXCentral Bank Policies，Forex Markets and Gold Prices
WikiFXThese 24 Crypto Scams Are Accelerating the Theft of Your Assets
WikiFX49 Foreigners Arrested in Illegal POGO Raid in Pasay City
WikiFXBeware of Fake 'Educational Foundations' Targeting Crypto Investors, Warns North Dakota Regulator
WikiFXWe Asked Grok About Illegal FX Brokers—Here’s What It Revealed
WikiFXExposing Trading Academy Scams: How Aspiring Traders are at Risk
WikiFXOnline Investment Scams on the Rise: How Two Victims Lost Over RM100K
WikiFXVanished Savings: How One Woman Lost RM412,443 to an Online Scam
WikiFX