IUX is a FOREX CFD trading broker that was established in 2016 and currently has over 180,000 users worldwide. It supports 10 languages including Thai. It has a modern and attractive website to use. The details and advantages are clearly visible from the first page of the website. In addition, IUX is a fast-growing and popular broker in Thailand.
Traze is a regulated online broker offering various financial instruments, user-friendly trading platforms, and tailored account types to cater to traders of all experience levels. Even though they are relatively new on the scene they have made an impact. This review goes over what sets them apart.
★★★★★
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Trust
8
Fees
7.5
Platforms and Tools
7.5
Customer Support
7.6
Tradeable Instruments
7.6
Account Types and Terms
8
Deposit and Withdrawals
8
Research and Education
5
PROS:
Regulated by top-tier authorities (FCA and ASIC)
Negative balance protection on all account types
Financial Compensation Scheme (FSCS) protection up to £85,000
Wide range of deposit and withdrawal methods
24/7 customer support through various channels
Partnership programs for Introducing Brokers and Affiliates
User-friendly and intuitive trading platform (MetaTrader 4)
CONS:
Limited promotional and special offers for new clients
Not available in certain countries due to regulations and restrictions
No promotions currently available for retail clients
AximTrade is an international online brokerage and proud sponsor of the Alfa Romeo F1 team. According to WikiFX, they have only been in operation between 2 and 5 years, and in that time, they have amassed over 100 thousand active clients. They offer their clients the chance to trade forex, metals, energies, stocks, indices (indexes), and commodities in the form of CFDs with incentives such as flexible leverage and an asset list that exceeds 100 trading instruments.
LiteForex has been an online broker for almost two decades as they began operating in 2005. They hold a brokerage license with CySEC and operate throughout the globe providing ECN forex trading and CFD trading in the form of commodities, stocks, indices, and crypto. This review breaks down what you need to know about this broker.
★★★★★
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Trust
4
Fees
5
Platforms and Tools
5
Customer Support
4.5
Tradeable Instruments
5
Account Types and Terms
4
Deposit and Withdrawals
5
Research and Education
2.5
PROS:
Founded in 2005
Two account types
ECN broker
Low minimum deposit
MT4 and MT5 are available
Easy registration process
Investor compensation scheme of up to 20,000 EUR
Social/copy trading
CONS:
Only regulated by CySEC and MiFID
Negative balance protection may only apply to ECN accounts
In operation since 2014, Olymp Trade has established itself amongst one of the most popular online brokers even having Ronaldinho (retired Brazilian Footballer) on their sponsorship roll. They have millions of clients and have had their mobile app downloaded over 44 million times. Let's look into this broker and see if their services, features, and fees are inline with massive popularity they have.
AxiCorp Financial Services Pty Ltd was established in 2007. They are an Australian online broker that deals in forex and CFDs and is regulated by three highly reputable authority commissions, including ASIC, FCA, and DFSA. They also boast of having over 60,000 traders that span more than 100 countries worldwide. What else do they offer?
★★★★★
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Trust
7
Fees
7
Platform and Tools
5
Customer Support
6.9
Tradeable Instruments
6
Account Types and Terms
6
Deposit and Withdrawal
8
Research and Education
7
PROS:
Very low forex fees
No withdrawal or deposit fees
Creating an account is fully digital
Regulated by three authorities
Deposit insurance and compensation plans are available
A typical range of tradable instruments on offer
CONS:
Demo account is only available for 30 days
Users have experienced problems withdrawing funds
The account verification is complicated and drawn out
FxPro, a prominent London-based European online broker that specializes in providing an extensive range of contracts for difference (CFD) across various asset classes. With a strong presence in the trading world and a commitment to excellence, FxPro is the go-to choice for retail clients seeking a reliable and dynamic trading experience. Let's see how they fair in this review.
TP Trade is one of the new brokers that has not been operating for long and may not be well-known yet. With a variety of asset trading services, which when viewed from the overall picture, there is still a lot of information for us to delve into, but which will be updated in this review.
Inefex is an online CFD trading platform operated by Novir Markets Ltd and based in Mauritius. It offers access to forex, stocks, commodities, indices and cryptocurrencies with a minimum deposit of approximately US$250 (or equivalent) and a maximum leverage of up to 1:400.
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Trust & Regulatory Status
4.3
Tradable Instruments
3.6
Fees
4.2
Account Types
4.3
Platform and Tools
5
Deposit and Withdrawal
5
Customer Support
5
Research and Education
5.6
Mobile Trading
6.4
Security
4
PROS:
Inefex offers a wide range of asset classes (forex, stocks, commodities, cryptocurrencies) via CFDs, which gives traders access to diverse instruments.
The minimum deposit (≈ €250) is moderate compared with many high-entry brokers.
How they tier account types: higher tiers offer tighter spreads (e.g., VIP: EUR/USD ~1.6 pips) which may benefit higher-volume traders.
The website states no deposit fees and, in some accounts, free withdrawals.
CONS:
Regulatory status is a key concern: although the broker claims a Mauritius FSC licence, external reviewers note that this is not equivalent to a “top-tier” regulator and verification is weak.
Numerous user complaints regarding withdrawal difficulties, unclear conditions and lack of transparency around account management.
The spreads for the entry-level account are relatively wide (e.g., EUR/USD ~3.0 pips) compared with some more established brokers.
The lack of publicly-available audited data (e.g., client numbers, regulatory disclosures) means that some traders may consider the broker higher-risk.
