Scam Brokers

The minimum deposit requirement for this account type is 250 Euros. You are offered a leverage of up to 1:100, but the broker has not mentioned anything about the spreads you will get.

Link-Markets claims to be headquartered in the Canton of Zurich, in Switzerland. However, the broker provides us with a UK phone number (+44-203-695-6460). However, there is no company name provided and we do not have any licensing information either.

AnalystQ is operated by AnalystQ, a company that is incorporated in the Commonwealth of Dominica, which makes it an offshore brokerage. Furthermore, Dominica does not have laws in place that regulate forex or CFD brokers.

Janus Markets has not given any information on the types of trading accounts it offers. We also do not get any information about its trading conditions on its website. We logged into its trading platform, and on that, we found out that the spreads offered by the broker range from 1.5 pips to 2.5 pips.

FXFixed seems to be registered in Hungary. However, this broker has omitted to mention the name of the company that owns and operates it. There is also no contact number provided.

EU FX Invest offers 3 different types of trading accounts – Standart (spelled exactly as found on their registration page), Premium and VIP. The broker has not given details about its account types, and we took this information off of their live account registration page.

While the broker has not explicitly mentioned the trading conditions on their website, we were able to check their client platform and get that information. The spreads stand at 2 pips for the EURUSD pair, and the maximum leverage for forex pairs is 1:200.

Fox Markets offers the following trading accounts to its customers: Standard, STP, Customized. While there is no information given on the broker’s website about the trading conditions, we downloaded their demo account to see if we could find that information.

Evast Prime has not mentioned the types of trading accounts it has on offer. All we were able to find about was that it has a Standard account, with a maximum leverage of 1:100, and spreads starting at 0.4 pips. There is also a $30 commission per lot.

Limit Prime offers its customers 3 different types of trading accounts: Real Account, Swap-Free Account and Scalper Account. There is no information given about the minimum deposit requirements.