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.
ICM Capital is an international online ECN/STP broker that lets you trade forex, precious metals, US stocks, futures, crypto, and securities. They have been in operation since 2009 and hold multiple awards for their various brokerage services, with the first award dating back to 2011. Other aspects of the broker include them offering typical promotions, withdrawal methods, and customer support. Let's see how good this broker is, what they offer, and if they suit your trading style and what you are looking for.
★★★★★
More details +
Trust
6.5
Fees
6.5
Platform and Tools
7
Customer Support
5
Tradeable Instruments
7
Account Types and Terms
5
Deposit and Withdrawal
5
Research and Education
4
PROS:
Regulated by seven authorities
Futures and securities trading
Nice range of forex pairs
Easy to open an account
Good customer and technical support
Regular promotional offers
Obtained several awards
CONS:
Only two account types
Maximum leverage is 1:200;
The minimum deposit is USD 200 or an equivalent amount
Trading resources and education material is limited
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
VT Markets is a global financial broker established in 2015, headquartered in Sydney, and serving a diverse clientele across over 160 countries. The broker offers a wide range of trading instruments on advanced platforms such as MetaTrader 4 and MetaTrader 5, catering to both novice and experienced traders. With regulatory compliance across multiple jurisdictions, VT Markets ensures a secure and transparent trading environment. The broker's offerings include various account types, comprehensive customer support, and special trading features to enhance the trading experience.
★★★★★
More details +
Trust
8.5
Fees
8
Platforms and Tools
6
Customer Support
7
Tradeable Instruments
7.5
Account Types and Terms
7.5
Deposit and Withdrawals
7.5
Research and Education
6.5
Mobile Trading
7
Security
7
PROS:
Commission-free trading and spreads starting from 0.0 pips
1000+ popular assets to trade including shares, forex,ETFs and more
Full access to exclusive signals and market analysis
Near-instant trades and first-class liquidity with a licensed regulated broker
24/7 support from an award-winning customer service team
Complete all deposits and withdrawals within 1 business day
CONS:
Lacks FCA regulation, missing specific client protections
Geographic restrictions limit VT Markets' service availability in certain countries
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.
★★★★★
More details +
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 the labyrinth of online trading, every platform claims superiority. Among these, Trading Pro presents a portfolio of services, ranging from diverse account types to flexible transaction methods. However, with certain key aspects under the shroud of ambiguity, it provokes contemplation - Is Trading Pro a trusted choice for your financial endeavors? This objective review will present a clear picture, laying bare every essential detail about Trading Pro.
★★★★★
More details +
Trust
4.5
Fees
5
Platforms and Tools
5
Customer Support
4.5
Tradeable Instruments
3.5
Account Types and Terms
7
Deposit and Withdrawals
4.5
Research and Education
2
PROS:
Variety of account types
Reliable trading platform
Efficient customer support channels
Swift and secure transactions
Provides a cashback program
User-friendly client portal
No additional commission on deposits
Instant processing time for deposits
Diverse withdrawal methods
24/7 customer service
CONS:
Absence of clear regulatory affiliations
Lack of information on negative balance protection
Limited range of promotions
Absence of information on regional operation limitations
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.
HFM, formerly known as HotForex, is a well-established forex and commodities broker that has been operating since 2010. Catering to both retail and institutional clients, HFM caters to a wide range of clientele, and offers diverse trading platforms, and tools to support traders of all levels. Let's see how their rebranding has had an effect and what they offer.
★★★★★
More details +
Trust
7.5
Fees
6.5
Platforms and Tools
6.5
Customer Support
4.5
Tradeable Instruments
6.1
Account Types and Terms
6.8
Deposit and Withdrawals
5
Research and Education
7
PROS:
Well-regulated by reputable authorities (FSCA, CySEC, and FCA)
Offers MetaTrader 4 and MetaTrader 5 trading platforms
Wide range of trading instruments (forex, commodities, indices, cryptocurrencies)
Multiple account types to cater to different traders' needs
Competitive fees and spreads
Comprehensive educational resources for beginners and experienced traders
Responsive customer support via Email, phone, and live chat (region-based)
Attractive promotions and bonus offerings
Loyalty program for active traders
CONS:
Not available in certain countries due to regulations and restrictions
No "Contact Us" page on the website, which might deter some clients
Some promotions have complex terms and conditions
Limited customer support channels for certain regions
Matthew Murphie founded FP Markets in 2005. With clients using MT4 and MT5 as the base trading software, they are able to trade forex, stocks, crypto, indices, commodities, ETFs and bonds. This CFD and forex broker is reregulated and regarded as reputable due to the three authorities that regulate it. This FP Markets review details and compares FP Markets' pros and cons to determine how good their services and features are.
★★★★★
More details +
Trust
7
Fees
6
Platforms and Tools
6
Customer Support
6.5
Tradeable Instruments
6.5
Account Types and Terms
5
Deposit and Withdrawals
8.5
Research and Education
7.5
PROS:
MT4 and MT5 are available
Been in business since 2005
Regulated by multiple financial authorities
Two easy-to-understand account types
Over 10,000 assets to trade
Good amount of trading resources
Islamic Swap Free accounts are an option
Many funding methods are available
CONS:
Only trade CFDs
There is a minimum deposit of 100 AUD or the equivalent
Some information and trading resources on the site are outdated
There is no Cent account available
There are no special offers except for the affiliate and IB program
BDSwiss is an online trading platform that provides access to many financial markets, including forex, commodities, stocks, and indices. The company is headquartered in Switzerland and has several offices across Europe and was founded in 2012. There are many features and services that this broker offers and this review covers everything traders will need to know about them.
Bold Prime is a relatively new broker, with WikiFX classifying them as operating between 2 and 5 years. They are an online forex CFD broker, and the information they give states that clients are also able to trade stocks, commodities, indices, and options.
They are considered somewhat safe as they are regulated by two authorities, namely the Australian Securities and Investments Commission (ASIC) and the Financial Services Commission (FSC). They also have a high trust score from clients, as seen on TrustPilot.
★★★★★
More details +
Trust
4.5
Fees
5
Platform and Tools
4
Customer Support
4
Tradeable Instruments
2.5
Account Types and Terms
5
Deposit and Withdrawal
1
Research and Education
2
PROS:
Cent account
Minimum deposit of only 15 USD for Cent and Standard account
XeroMarkets is an online forex broker known for its mission in trying to provide top-notch trading products, services, and educational opportunities to its clients. With a notable global reach and an array of features, this broker aims to empower traders at every level. Let's delve into the safety aspects of XeroMarkets to determine how reliable this broker truly is.
★★★★★
More details +
Trust
3
Fees
4.5
Platforms and Tools
3
Customer Support
4
Tradeable Instruments
2
Account Types and Terms
5
Deposit and Withdrawals
5
Research and Education
4
PROS:
Various deposit and withdrawal methods
Previous history of promotions
Presence of a FAQ section on the website
CONS:
Limited customer support, especially the lack of live chat
