GoTrading
Established in 2002 with headquarters in China, GoTrading is an unregistered broker offering Standard, ECN, and Islamic accounts among other types. Standard and Islamic accounts have 2 pips spread; the minimum deposits for these accounts are $100, $5000, and $10000 respectively. The broker emails clients via Support@Gotradingco.Com and employs the MT5 trading system.
Phase Forex
Founded in 2021, PHASE Forex is registered in Cyprus, the specific address is B1 359 28th October street, WTC Cyprate-Trust Re Building, Limassol 3107, K y br y s VFSC (reference number 40387).But the broker is not currently subject to any effective regulation and is not suitable for trading.
Star Forex
Star Forex is an unlicensed brokerage firm registered in Cyprus. It specializes in forex trading. And other investment choices, including metals, indices, energies, and stocks, are also available. However, there is no email or phone number on its website. That could be an inconvenience if you need help with your account. Additionally, regulatory hurdles and lack of transparency about trading fees are other significant drawbacks.
Chain Rock
Chain Rock is a platform which registered in UK 1-2 years ago. Maximum leverage up to 1:500 is its greatest strength. Unregulated is its greatest weakness. We should keep cautious when trading.
Global Solution Group
Global Solution Group is an unregulated brokerage company registered in Panama. This firm focuses on forex trading. They boast of their research department and proprietary trading tools. They tier their accounts and offer commission-free trading for the ultimate account. The minimum monthly trading volume for basic accounts is $100,000. So if you're a beginning investor without a lot of money to get started, finding another brokerage could be a better choice.
Elite Trading FX
Founded in 2018, Elite Trading FX is an unregulated brokerage company registered in the United Kingdom. This firm specializes in forex copy-trading. They boasts of safety and efficiency of their platform. They charge a monthly subscription fee of €70 (does not include vat). Investment fees can dip into your returns, so keeping costs low might be a priority.
Financial Aims
Founded in 2024, Financial Aims is an unregulated brokerage company registered in the United Kingdom. This firm offers wide selection of investment choices. We'll dig into that later. There are some complaints and negative reviews about this broker, which make this broker untrustworthy to trade with.
AvanTrade
Founded in 2023, AvanTrade is an unregulated brokerage company registered in the United Kingdom. This firm boasts of offering intuitive trading for first-time and professional investors. However, the regulatory hurdle and lack of transparency about trading fees are the biggest drawbacks.
TiFu Global Limited
Founded in 2024, TiFu Global Limited is an unregulated brokerage company registered in the United Kingdom. This firm provides all-round financial services, including stocks, foreign exchanges, gold and silver coins, financial futures and global futures contract brokerage and trading services. TiFu Global Limited has expanded its businesses in Hong Kong, Macau, Taiwan, Southeast Asia, Europe and America. Please note that there are no regulatory details on its website. TiFu Global Limited is an unregulated broker.
DJ Group
DJ Group started in July 2000 as an unregulated broker company with registration in New Zealand.
Is the Forex Market Better Than the Stock Market in Times of Turbulence?
As equity markets plummet, some are turning their attention to the forex market, intrigued by its potential as a more resilient alternative. But is forex truly a safer bet in turbulent times, or is it just another risky endeavour?
Fear or Greed: HOW DO YOU FEEL When the Market Crashes?
Market crashes are the ultimate test for traders. When the charts turn red and asset values plummet, a fundamental question arises: do traders react out of fear or greed?
Can Expert Advisors Weather the Market Turmoil?
Expert Advisors (EAs) have become the holy grail for many traders, promising automated profits with minimal effort. But, can they truly withstand market turmoil? Or are they simply gambling devices dressed up in technological garb?
DC&SJ
DC&SJ started in 2016 as an unregulated broker company with registration in the United Kingdom.
TSFund
TSFund is a brokerage firm registered in Cambodia. This firm's regulatory status is suspicious clone because its real address wasn’t the same with its regulation address. Opening an online brokerage account can be an easy way to start investing and there are always risks in investing. But we can choose to stay away from certain risks.
MaxiMarkets
MaxiMarkets, founded in 2013, is an unregulated brokerage company registered in Marshall Islands. We have screenshots of its website on WikiFX. However, the language is Russian.
JUMPER
JUMPER, established in 1997 and registered in the United Kingdom, is an unregulated trading company offering leverage up to 1:400 and minimum spreads as low as 0.6 pips. The minimum deposit required to start trading with JUMPER is $100.
Faxton
Founded in 1997, Faxton is an unregulated brokerage company registered in Australia. This firm boasts of its wide selection of investment choices and its secure and transparent platform. They also promise round-the-clock customer support.
Vanguard Coin Option
Founded in 2020, Vanguard Coin Option is an unregulated brokerage company registered in China. This firm boasts of providing a secured & easy way to trade cryptocurrency, forex and stocks.
Amazing Trade
Founded in 2023 under Virgin Islands registration, Amazing Trade is a brokerage company. Right now, the corporation runs without proper control. Although it is very new, for possible traders its lack of regulatory control and other problems cause major questions.
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