Basic Information
Year Founded
2010
2014
Headquarters Location
UK via Playtech, Cyprus
Cyprus + EU/UK offices
Publicly Traded (Entity or Parent)
YES
YES
Regulated?
YES
YES
Primary Regulator
CySEC
CySEC
Minimum Deposit
$100
$500
Fixed Spreads?
NO
NO
Trading Type
Dealing Desk, Market Maker
ECN, STP
Commissions on Trades
NO
YES
CFD Loss Rate
77% loss rate on CFDs
79% loss rate on CFDs
Maximum Leverage
1:30
1:30
Currency Pairs Offered
55
54
General Average Rating - 3 scale
1,90
2,06
Background
Year Founded
2010
2,5
2014
2,0
Headquarters location + Offices
UK via Playtech, Cyprus
2,5
Cyprus + EU/UK offices
2,0
Publicly traded?
Owned by Playtech (Yes)
3,0
No
1,5
Size Measure
Annual Revs > $1 million
2,0
Private - New - One arena
1,5
Summary Score
2,50
1,75
Regulatory Compliance
Regulated or unregulated?
YES
3,0
YES
3,0
Primary regulator
CySEC
2,0
CySEC
2,0
Multiple compliance
No FCA, ASIC, NZ, S Africa
2,0
EU MiFID II only
2,0
Safety of Deposits
Cyprus cover, but offshore
2,0
Safe if EU, segegated accts
2,0
Summary Score
2,25
2,25
Fees & Charges
Commissions, Fees & Charges
FX spreads higher than Avg
2,0
Generally low fees/spreads
2,0
General
Hidden fees, some transparency
2,0
Spreads vary by acct type
2,0
Spreads
Vary by platform, confusing
2,0
Vary but average or above
1,5
Summary Score
2,00
1,83
Investment Products
Stocks - Breadth
2,000 items
2,0
400+ shares
1,5
Forex - Breadth
Average
2,5
Average
2,5
Other: Comm, Crypto, Spread, CFD?
Limited to CFD and forex
1,5
No Crypto, No SB, CFDs
1,5
Summary Score
2,0
1,83
Platform experience
MT4 or equivalant
MT4 offered but restricted
2,0
MT4
3,0
Proprietary options
Excellent Web-based platform
2,5
Alvexo Web Trader
2,5
Special Advanced?
Access/prices favor Web Platform
2,0
STP ECN array
2,5
Summary Score
2,17
2,67
Special Features
Feature A
Social trading offered
2,0
STP ECN connected
2,5
Feature B
Relative volume discounts
2,0
Trading Signals 88% accurate
2,0
Feature C
Limited high end capabilities
1,0
No guaranteed stops
1,0
Summary Score
1,67
1,83
Research Tools/Guidance
Financial Commentary
Reasonable, improved
2,0
Daily commentary, news
2,5
Technical Anlaysis
Links confuse, favor Web system
2,0
In-house economists
2,5
Other Guidance
No news feed on MT4
1,5
Senior Exec support
2,0
Summary Score
1,83
2,33
Education Support
Basic Library
Below average
1,5
Average
2,0
Webinars/Support
Limited
2,0
Videos, manuals
2,0
General
77% loss rate on CFDs
1,5
79% loss rate on CFDs
1,5
Summary Score
1,67
1,83
Customer Support
Live Chat, Web, Tele, Offices
Limited, no tele #, email, chat?
1,0
YES
3,0
Responsiveness
Delays
1,5
24/7 - Good customer ratings
2,5
FAQs? Quality?
Below average
1,5
Extensive
2,5
Summary Score
1,33
2,67
General Pros & Cons
Pro #1
Social trading offered
2,0
STP ECN Broker
2,5
Pro #2
Over 2,000 items offered
2,0
Fee spreads vary above avg
1,5
Pro #3
Robust proprietary platform
2,5
Good trading signals
2,0
Con #1
No Stop Loss guarantee
1,0
Limited scope - EU
1,5
Con #2
Only CFD and forex
1,0
No social trading
1,0
Con #3
No spread betting
1,0
No guaranteed stops
1,0
Summary Score
1,58
1,58
General Average Rating - 3 scale
General Average Rating - 3 scale
1,90
2,06
Broker links