Basic Information
Year Founded
2011
2007
Headquarters Location
St. Vincent & Grenadines
Cyprus, Israel, UK
Publicly Traded (Entity or Parent)
YES
No
Regulated?
YES
YES
Primary Regulator
CySEC
CySEC
Minimum Deposit
$5
$50
Fixed Spreads?
YES
NO
Trading Type
ECN, STP
Market Maker, NDD, STP
Commissions on Trades
NO
YES
CFD Loss Rate
73% loss rate on CFDs
76% loss rate on CFDs
Maximum Leverage
1:500
1:1
Currency Pairs Offered
28
47
General Average Rating - 3 scale
2,10
1,68
Background
Year Founded
2011
2,5
2007
3,0
Headquarters location + Offices
St. Vincent & Grenadines
1,5
Cyprus, Israel, UK
2,0
Publicly traded?
No
1,5
Private
1,5
Size Measure
100 countries, 300,000 accts
2,0
Over 5 million accts
3,0
Summary Score
1,88
2,38
Regulatory Compliance
Regulated or unregulated?
YES
3,0
YES
3,0
Primary regulator
CySEC
2,0
CySEC
2,0
Multiple compliance
St. Vincent
2,0
FCA, ASIC, ESMA
3,0
Safety of Deposits
Safe if EU, segregated accts
2,0
Offshore, No crypto protect
1,5
Summary Score
2,25
2,38
Fees & Charges
Commissions, Fees & Charges
Low fees and spreads
2,5
Spreads can widen
1,5
General
Spreads vary by acct type
2,0
Overnight and weekend apply
1,5
Spreads
Very competitive
2,0
High on average
1,5
Summary Score
2,33
1,33
Investment Products
Stocks - Breadth
Average to low
1,0
Medium
1,5
Forex - Breadth
Below Average - 28 pairs
2,0
47 pairs
2,5
Other: Comm, Crypto, Spread, CFD?
Comm, Crypto, CFD
2,0
Primary CFD, cryptos
2,0
Summary Score
1,67
2,0
Platform experience
MT4 or equivalant
MT4
3,0
None, only proprietary
1,0
Proprietary options
cTrader to access Interbank
2,5
Single platform
1,5
Special Advanced?
MT5 for other markets
2,0
No streaming news
1,0
Summary Score
2,50
1,17
Special Features
Feature A
STP ECN connected
2,5
Heavy focus on social trading
2,5
Feature B
Copy trading
2,5
No volume discounts
1,5
Feature C
Low slippage rates
2,0
Loss protect only at high level
1,0
Summary Score
2,33
1,67
Research Tools/Guidance
Financial Commentary
Daily forecast
2,5
Minimal
1,0
Technical Anlaysis
Occasional in commentary
2,5
Minimal
1,0
Other Guidance
Basic tools
2,0
Social Trading
2,5
Summary Score
2,17
1,50
Education Support
Basic Library
Average
2,0
Basic Minimal
1,0
Webinars/Support
Videos, manuals
2,0
Some access
1,5
General
73% loss rate on CFDs
1,5
76% loss rate on CFDs
1,5
Summary Score
1,83
1,33
Customer Support
Live Chat, Web, Tele, Offices
YES
3,0
No Live Chat, ticket system
1,0
Responsiveness
96% customer satisfaction
2,5
Average
1,5
FAQs? Quality?
Below Average
1,5
Sufficient
2,0
Summary Score
2,33
1,50
General Pros & Cons
Pro #1
STP ECN broker, NDD
2,5
Pioneer in social trading
2,5
Pro #2
Received many awards
2,5
Good charting tools
2,0
Pro #3
Low fees
2,5
Broad crypto coverage
2,0
Con #1
Poor asset coverage
1,0
Poor education area
1,0
Con #2
cTrader platform limited
1,0
Poor cust service access
1,0
Con #3
Security needs upgrade
1,0
Designed for low skill traders
1,0
Summary Score
1,75
1,58
General Average Rating - 3 scale
General Average Rating - 3 scale
2,10
1,68
Broker links