Scam Brokers

Motto FX offers you the following types of trading accounts: Starter Account, Advanced Account, Expert Account, VIP Account, Islamic Account.

The Capital Stocks offers support for the MetaTrader 4 platform, which is always a plus for any broker. The MT4 platform is so easy to use that even novices can navigate it without any problem.

The maximum leverage that MidasWMS offers is 1:200, which is quite solid and can appeal to traders with a diverse range of trading strategies. However, it is also our duty to warn our readers that taking on high leverages can be very risky and you could lose your funds.

The first thing that lends credibility to a brokerage is solid and verifiable corporate information. And that’s where Blinkotrade fails.
The broker, on its homepage, claims to be owned and operated by Blinkotrade Ltd.

Smart Prime FX gives you the MetaTrader 4 platform on which to trade, which is always a plus for us. This is because this software is the most popular in the world. It is so easy to use that even beginners will not have a problem using it.

On its homepage, HedgeSpots claims to be owned by a company called Get Promotions LTD, a company that is based in Sofia, Bulgaria. However, in the broker’s Terms and Conditions page, it is stated that the agreement is being signed between you (the trader) and a company called Morgancapitalinv.

The first thing we noticed about Expert Optioner is that there is no relevant corporate information on their website. All we have in terms of corporate information is an address in Florida in the United States and a phone number along with it. We don’t know who runs this operation.

CTX Prime offers the following types of trading accounts: Nuisance-Free Account, Auto Trading Account and Social Trading Account. The minimum deposit requirement is 250 Euros or GBP, the minimum trade size is 0.01 lots (a micro lot), and the maximum leverage offered is 1:500.

RSI Capital Markets gives us no information about the types of accounts they offer their clients or even what the minimum deposit requirement is. All we know is that the maximum leverage ratio offered by this broker is 1:100.

Considering the serious lack of crucial information on this broker’s website, we cannot say that there is anything positive about FTGmarkets. Therefore, we have left this section of our review bare.