CMC Markets at first look seems like a reliable platform. However, clients complained multiple times of the broker being a scam after they lost funds and couldn’t withdraw them later.
Continue readingGlobtrex is a commission-free platform which offers its clients three account types with a leverage up to 1:200. There are micro lots available for trade and a fixed spread on demo accounts. However, the users find it difficult to find any further information on the platform’s website on the different account type.
Continue readingGlobtrex is a commission-free platform which offers its clients three account types with a leverage up to 1:200. There are micro lots available for trade and a fixed spread on demo accounts. However, the users find it difficult to find any further information on the platform’s website on the different account type.
Continue readingFXORO is a broker that offers multiple account types so the clients can choose between the fixed and floating spread. Users find it difficult to choose and very confusing. The account types are all commission-free except the ECN one.
Continue readingPimeXBT is a bitcoin-based online broker that reportedly offers leveraged trading for many cryptocurrencies including Ethereum, Litecoin, and Bitcoin. The website is owned and operated by the PrimeXBT trading services which many people complained about
Continue readingFXCM was founded in 1999 and it began as the pioneer for online forex offerings for retail traders. The company has its headquarters in London and later grew to have many international offices. However, the popularity slowly began to fade away as the broker could not keep up with the developments on the market
Continue readingCapital.com offers CFDs trading of a few assets including commodities, indices, stocks, and cryptocurrencies. It provides several account types with different spreads and leverages up to 1:30. You can also trade here in micro lots. However, users are still not opting for this broker. Why do the traders consider this broker as a potential scam?
Continue readingSmartHubFX is known as one of the offshore brokers operating in the Forex and crypto markets. The main problem with the company is the lack of reliability that it has along with the offshore registration – and the lack of clarity which makes it a potentially scam broker.
Continue readingOasis Trade is a non regulated and unlicensed Forex and cryptocurrency broker that first launched in November 2018. Owned by Oasis Tech Ltd., the company has an address at Suite 305, Griffith Corporate Centre, Beachmont Kingstown, Saint Vincent and the Grenadines.
Continue readingIf you are asking yourself whether CFsum is scam or a reliable Forex and Bitcoin broker, you should know that this website is an unregulated Estonian forex and CFD broker which offers crypto CFDs on a web-based trading platform. Therefore, the broker does not actually have a license with an official financial regulator. This is […]
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