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
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.
Dominion Markets is a modern online trading platform offering access to forex, cryptocurrencies, indices, stocks, and commodities. With cTrader integration, high leverage, and support for crypto transactions, it caters to global traders seeking flexible, fast, and feature-rich trading experiences.
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Trust & Regulatory Status
3.8
4.3
Fees
4.6
Account Types
4.4
Platform and Tools
5
Deposit and Withdrawal
5.8
Customer Support
5.3
Research and Education
4.8
Mobile Trading
5
Security
5
PROS:
Low spreads and ultra-fast trade execution reported by users.
Offers cTrader and MT5 with advanced analytics and automation features.
Trade 55+ forex pairs, 35+ cryptos, stocks, indices, and commodities.
Shariah-compliant accounts with no overnight interest charges.
Supports cTrader Copy and active trader communities via Discord.
CONS:
Regulated in Mauritius, not by top-tier authorities like FCA or ASIC.
Restricted in regions like the U.S., EU, and Canada.
Lacks clarity in some areas like fee breakdowns and asset types.
Positive reviews on execution; some concerns over withdrawals and regulation.
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.
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.
Dollars Markets is an online forex and CFD broker that, according to WikiFX, has been in operation between 2 and 5 years. Dollars Markets offers trading in the form of CFDs, and clients can trade financial assets such as forex, metals, indices, cryptocurrencies, shares, energies, and ETFs.
FBS is a regulated trading platform providing access to stocks, forex, commodities and indices. Interested in signing up? Before you do, read our FBS review and find out more about the broker's pros, cons, fees and more.
★★★★★
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FBS
Looking for the most effective trading solutions? FBS is one of the best trading platforms, and here is everything you need to know about it.
Trust
6
Fees
7
Platform and Tools
7
Customer Support
7
Tradeable Instruments
6
Account Types and Terms
8
Deposit and Withdrawal
7
Research and Education
8
PROS:
High leverage up to 1:3000 (for non-EU customers only) suits higher-risk traders well
Low spreads and commissions (from 0 pips) on most accounts
Free demo account for every account type helps clients to do a trial
Free social trading app (FBS CopyTrade) for traders to improve their performance and knowledge by copying other investors (for regions under IFCA and FSCA regulations only)
Exemplary, multilingual customer service is always available
No withdrawal fees
Strong research and education resources
CONS:
It lacks proprietary web and desktop platforms
Some instruments have wide spreads
Limited number of commodities to trade
EU, UK, and Australian clients have fewer account options than clients from other regions.
XM.com (previously known as XeMarkets) is a Cyprus-based international online foreign exchange broker that allows users to open accounts and trade the financial markets.
The company provides financial trading services through a number of electronic trading platforms, including MetaTrader 4 and MetaTrader 5, allowing traders to apply Expert Advisor (EA) strategies. They also have a proprietary mobile trading app, XM – Trading Point.
★★★★★
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Trust
8.5
Fees
8.5
Platform and Tools
7
Customer Support
8.5
Tradeable Instruments
8
Account Types and Terms
6.5
Deposit and Withdrawal
5.5
Research and Education
9.5
PROS:
Regulated by 6 authorities
No deposit or withdrawal fees
Deposit bonus
Referral program
Loyalty program
Over 1,000 instruments to trade
Great educational material
24/7 customer support
CONS:
Limited to specific regions
Standard account spreads are quite expensive
Average spreads are not published for ultra-low accounts
Average forex portfolio
No investor protection for residents outside the EU
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.
★★★★★
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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
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.
★★★★★
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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
USGFX is a forex and CFD broker based in Australia, providing access to over 60 currency pairs, as well as commodities and indices. With competitive pricing, advanced trading tools, and a user-friendly platform, USGFX caters to traders of all levels. However, regulatory concerns and limited customer support options may be a cause for caution. Let's take a look.
★★★★★
More details +
Trust
4.5
Fees
5
Platforms and Tools
4
Customer Support
3
Tradeable Instruments
3
Account Types and Terms
6.5
Deposit and Withdrawals
5
Research and Education
3
PROS:
Offers a range of trading instruments, including forex, metals, indices, and commodities
Provides several trading platforms such as MT4, WebTrader, and Mobile Trading Platform
Offers various account types, including Demo, Standard, Pro-ECN, Mini, and VIP Trading Accounts
Provides customer support through international phone number, email, and live chat feature
Offers trading resources such as economic calendar, daily market analysis, and trading tools
Provides partner and affiliate programs for business opportunities
Offers deposit bonus promotions and special offers
CONS:
Limited information was provided on countries and regions where USGFX is not allowed to operate
No information on the number of regulatory authorities overseeing the broker
Lackluster "About Us" section with limited information on the company
Limited educational resources for beginners
No information on the broker's safety and security measures
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
