Scam Brokers

This broker offers their customers a leverage ratio of a maximum of 1:500. This allows traders to use all types of trading strategies with ease. However, we must also warn you that such high leverages come with equally high risks, which is why most of the financial regulators across the world have imposed a limit on how much leverage can be offered by a broker.

There is no information provided about the types of trading accounts that TradeBase24 offers. We also do not have any information on the trading conditions or even the minimum deposit requirements.

The first thing that raised a red flag for us is the fact that this broker is anonymous. There is no mentioned anywhere on their website about the company that owns and operates this brokerage.

Velocity Trades offers their clients a maximum leverage ratio of 1:400, which more than enough for traders with all types of strategies to carry out their trades.

MFM Securities offers their users a maximum leverage of 1:500, which means that traders of all types of trading strategies will be able to trade on this broker’s account.

Since MaxizOptions is a binary options broker, no leverage is offered. In binary options trading, a trader bets of the price movement of an asset within a certain period of time, and that time usually ranges from 30 seconds to 5 minutes.

This broker offers you a leverage that goes as high as 1:500, however, they have not provided any information on their spreads. We also do not know if there are other commissions or fees charged by this broker.

MetaProTrader has not given any information on the types of accounts they offer or even what their trading conditions are. We do not know the leverage ratios, the spreads, or any other trading costs.

The only advantage to trading with GoldmanBanc could be the fact that they offer relatively high leverage ratios. With a leverage of 1:200, traders can adopt a wider range of strategies.

24proinvestors claims to be owned and operated by Game Capital Ads Limited, a company that is purportedly based out of St. Vincent and the Grenadines.