Scam Brokers

The leverage ratio offered for all of these account types is 1:200, but there is no information given about the spreads.

GFC Mercado (the full form is Global Financial Contracts) has not given any details about the kinds of trading accounts it offers. There are also no trading conditions provided anywhere on its website.

TradoFX offers its clients a solid collection of trading assets. This includes 24 currency pairs as well as a range of contracts for difference (CFD) on 12 indices, precious metals, 100+ stocks, commodities and a large number of cryptocurrencies.

There is no information given on CapitalSeven’s website with regard to its trading conditions. So, we do not know how much the leverage ratios are for each of the accounts, or even what the spreads offered are.

While details of the trading conditions are missing, we were able to log into Veonco’s MT5 platform and found out that the broker was offering a leverage of 1:200, with a spread of 3 pips.

We know that the Basic account comes with a leverage of 1:10 and a spread of 0.4 pips, plus commission. However, we do not have any information on the trading conditions for the rest of the account types.

SmartCapital claims to be a leading alternative multi-asset investment firm that is owned and operated by a company called Smart Capital LP. The company claims that it is based out of New York, USA.

There is no mentioned anywhere on this broker’s website of what the trading conditions are. Thus, we do not know what the leverage ratios or even the spreads are for trading on Swing Markets’ accounts.

Rogerfin also offers a very generous leverage ratio of as much as 1:400, which is much higher than the industry standard. A high leverage ratio means traders with varied trading strategies can enjoy trading with this broker.

ExperTrades claims to be an award-winning financial services broker that offers its clients premium forex, binary options, CFD and Bitcoin trading.