Scam Brokers

Despite searching through Gfxroyal’s website, we were unable to find any information on the leverage levels offered by this broker.

Besides the fact that TCO Trade offers a leverage of 1:400, we don’t really know anything about its trading conditions. We don’t know how much the minimum required deposit is, we don’t know what the spreads offered are, or even what the other transaction costs are.

There is absolutely no information on AT-Markets’ website about the types of accounts it offers, or what its trading conditions are. Despite the fact that the website states that it has a demo account, we were unable to access it.

This broker has given very little information about its trading conditions. All we know is that BTS Markets offers its customers a single trading account, called the Standard account.

DiamondFX offers its clients 5 different account types for trading: Bonze, Silver, Gold, Platinum, Diamond. The broker states that to start trading on a Bronze account, you only need to make a minimum deposit of $10.

The leverage offered for all three accounts is 1:400, which is quite advantageous for the trader. However, we do not have any other information about the trading conditions AxnFX offers

Weforex offers its clients the use of the MT4 (MetaTrader 4) trading platform, which we feel is definitely a positive. The MT4 platform is the world’s most popular trading interface, with over 80% of traders using it to execute daily trades.

FXonspot offers its users the MT4 trading platform, which is a big plus. This platform is the world’s premier trading interface. This is because it is easy to use, both for novices as well as pros.

GrahamFE offers solid leverage levels of 1:200 for the majority of the account types, and leverages of 1:300 and 1:400 for the premium accounts. Higher leverage levels mean that traders who are more risk-friendly will also be satisfied by this broker.

Capitaria offers its clients a leverage of 1:200, which is quite substantial. With this kind of a leverage, even those traders that prefer higher risk investments will be attracted to this broker.