• Leverage: 1:30 | 1:300

  • Regulation: FCA, CySEC, FSCA, FSCM

  • Min. Deposit: $100

  • HQ: Cyprus

  • Platforms: WebTrader, MT4, MT5

  • Found in: 2013 Licenses

  • Trade Capital Markets (TCM) Ltd  - authorized by CySEC (Cyprus) registration no. 227/14
  • Trade Capital Markets (TCM) Ltd - authorized by FSCA (South Africa) registration FSP No. 47857
  • Trade Capital UK (TCUK) Ltd - authorized by FCA (UK) registration no. 738538
  • Lead Capital Global Ltd - authorized by the FSC (Mauritius) license no. C119023948

Top 3 Forex Brokers

  1. What is
  2. Pros and Cons
  3. Is Safe or a Scam?
  4. Leverage
  5. Accounts
  6. Fees
  7. Spreads
  8. Trading Instruments
  9. Deposits and Withdrawals
  10. Trading Platform
  11. Customer Support
  12. Education
  13. Conclusion

Our Review Method

  • 55Brokers Financial Experts with over 10 years of experience in Forex Trading check all trading offerings, fees, and platforms, verified regulations, contacted customer service, and placed traders to see trading conditions and give expert opinions about

What is is a popular and quite large Forex Broker providing access to trade Forex and CFD instruments, with good trading solutions and a technology base. Along with the platform designed by that opens secure access to a wide range of trading products and over 2,100 instruments to select on WebTrader.

  •  is a trading name operated by Leadcapital Markets Ltd, based in Cyprus company, authorized and regulated by the Cyprus Securities and Exchange Commission, while the company serves additional entities also respectively regulated in each region it operates, allowing International trading access.

At the time of its establishment and until now, provide quality trading services to traders that allow joining to trading and cooperation at any level. This being is established by a comprehensive education to learn methods and strategies, through available information and analysis that are affecting global markets, which is a great addition for beginning traders to get started. Pros and Cons is a reputable company operating for many years. It is secure, legit, and licensed by top-tier authorities including FCA. The account opening is easy, the conditions are good and suitable for regular or professional traders, the commission and costs are low, also the range of instruments is wide.

For the Cons, the proposals vary according to the entity, there is no 24/7 support, and no deep learning materials essential for beginners.

Heavily regulated broker with a strong establishmentConditions vary according to regulation and entity
Long years of operationNo 24/7 customer support
Globally recognized brokerNo learning materials
Wide range of trading platforms and competitive trading conditions
Opportunity to trade Futures via the IBKR platform
Excellent support and research tools Review Official Website Review Summary in 10 Points
🏢 HeadquartersCyprus
🗺️ RegulationFCA, CySEC, FSCA, FSCM
📉 InstrumentsForex, Crypto, CFDs, Commodities, Bonds, Indices and the Futures markets
🖥 PlatformsProprietary CFD WebTrader, IBKR Platform, MT4, and MT5
🎮 Demo AccountAvailable
💳 Minimum deposit$100
💰 Base currenciesEUR, USD, GBP
💰 EUR/USD Spread1 pips
📚 EducationNot available, only Research tools
☎ Customer Support24/5

Overall Ranking

Based on our Expert findings, is considered a good broker with safe and very favorable trading conditions. The broker offers a range of trading services designed for both beginner traders and professionals with low initial deposit amounts. As one of the good advantages, covers almost the globe, so traders from various countries can sign in, also with the lowest spreads.

  • Overall Ranking is 8.5 out of 10 based on our testing and compared to over 500 brokers, see Our Ranking below compared to other industry Leading Brokers.
Our Ranking⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐
AdvantagesTrading InstrumentsTrading ConditionsTrading Platforms Alternative Brokers

We learned that offers a range of trading instruments, good trading conditions, and also low trading spreads and fees. However, there are a number of other brokers that offer similar services. Here are some of the best alternatives to

  • AvaTrade – Good Instruments and CopyTrading
  • Pepperstone – Low Spreads and Competitive Trading Conditions
  • XM – Wide Range of Trading Opportunities

Awards is a trusted Forex and CFD broker with competitive trading conditions. The broker has also garnered collective recognition from award-giving bodies in the industry during its operation years.

Is Safe or Scam?

No, is not a scam. Based on our Expert research, we found that the broker is legit with high trust and a low-risk trading environment. It is regulated and licensed by several top-tier financial authorities including FCA.

Is Legit?

The CySEC as the supervisory authority for CIFs in Cyprus is a part of the ESMA (Committee of the European Securities and Markets Authority). To ensure a high level of protection for investors and compliance with applicable regulations, the company license fully harmonized with the requirements of the European Parliament’s Markets in Financial Instruments Directive (MiFID) which all in all consigned to deliver the best trading and financial investment practices.

In addition, we found that covers global trading needs through its entity in South Africa, which is respectively regulated by the FSCA.

See our conclusion on Reliability:

  • Our Ranked Trust Score is 8.9 out of 10 for good reputation and service over the years, also for a reliable top-tier license, and for serving regulated entities in each region it operates. The only point is that regulatory standards and protection vary based on the entity. Strong Weak Points
Multiply regulated broker with a strong establishmentRegulatory standards and protection vary based on the entity Regulated by top-tier authorities
FCA license and overseeing
Negative balance protection
Compensation scheme
Global expansion via CySEC in Europe and FSCA license in South Africa

How Are You Protected?

Based on our findings, due to its regulations follows very strict guidelines for clients’ funds’ protection, ensuring they are kept in reputable Tier 1 banks and at all times segregated from the company’s own funds. Additionally, offers a Compensation Fund that will protect investments, and a high standard of account management service to explain all issues pertaining to trading and risks. Review License


Leverage trading, which is a unique opportunity to trade bigger size compared to your initial balance, offers to maximize your gains. However, you should carefully learn how to use this tool, since leverage may work in reverse as well.

It is a fact that international authorized brokers comply with the regulatory requirements they follow, therefore we learned that is obliged to set maximum leverage according to European ESMA regulations.

  • ESMA along with CySEC lowered significantly maximum leverage to 1:30 for major currency pairs, 1:20 for minor ones and 1:10 for commodities, and 1:2 for Cryptocurrencies.
  • Nevertheless, in case you trade with a South Africa entity, you will enjoy higher ratios of 1:200 or even 1:300 for Forex instruments.

Account Types

Based on our findings, offers 4 CFD account types, that are designed by to meet the traders’ needs and specific requirements.

All accounts subscribed to daily analysis from the company, having a choice of desktop and mobile trading, and access to multiple products and assets including Forex, CFDs, Commodities, Bonds, Indices, and Stocks.

Fast account opening Conditions vary according to regulation
Low minimum deposit
Access to a wide range of financial instruments
Range of Account base currencies Review Accounts

How to Open Live Account?

Opening an account with is quite easy. You should follow the opening account or sign-in page and proceed with the guided steps:

  • Select and Click on the “Open Account” page
  • Enter the required personal data (Name, email, phone number, etc.)
  • Verify your personal data by upload of documentation (residential proof, ID, etc.)
  • Complete the electronic quiz confirming your trading experience
  • Once your account is activated and proven, follow with the money deposit. Review Account Opening

Trading Instruments

We found that offers multiple products such as Forex, Crypto, CFDs, Commodities, Bonds, Indices, and the Futures markets, with the ability to apply one-click executions, stop and limit orders, and customized tools.

The crypto trade is available through Bitcoin, Dash, Ethereum, and Litecoin with leverage 1:2 and a spread of 50.00 USD on BCHUSD. We learned that charges their clients only spread that is added on top of the price, however, spreads are still among the markets’ competitive offerings.

  • Markets Range Score is 8.9 out of 10 for wide trading instrument selection among Forex, Futures, Indices, Cryptos, and more. Review Trading Instruments Fees

Based on our research, trading costs are defined by the instrument you trade, like CFDs trading and Futures or IPOs feature different price models, where the first group basically is traded via costs built into a spread. While trading Futures and Stocks will charge a commission per trade.

Additional costs like inactivity fees and funding fees should be considered too for full pricing and fee structure.

  • Fees are ranked low with an overall rating of 8.5 out of 10 based on our testing and compared to over 500 other brokers. Fees might be different based on entity offering, see our findings of fees and pricing in the table below, however, overall fees are considered good. FeesFxPro FeesXM Fees
Deposit feeNoNoNo
Withdrawal FeeNoNoNo
Inactivity feeYesYesYes
Fee rankingLowLow, AverageAverage


We learned that spreads deliver some of the most competitive and pleasant conditions, while all costs are built into a tight spread when you trade CFDs. truly delivers some of the most competitive and pleasant conditions, while all costs are built into a tight spread with average of 1 pips for EUR USD.  A tighter spread means the market price doesn’t have to move as far from your entry price, so your trade has a better opportunity to become profitable. Also, better conditions will be offered as long as your trading size increases, which is good news for advanced traders.

  • Spreads are ranked low with an overall rating of 8.9 out of 10 based on our testing comparison to other brokers. We found Forex spread much lower than the industry average, and spreads for other instruments are very attractive too.

Asset/ SpreadFxPro SpreadXM Spread
EUR USD Spread1 pip0.9 pips1.6 pips
Crude Oil WTI Spread2885 pips
Gold Spread40161935
BTC USD Spread0.71 2015560

Deposits and Withdrawals

We found that accounts can be funded by several options that are simple and secure methods for instant transfer of funds to or from the account. Of course, methods and conditions may vary according to jurisdiction rules and imposed regulations, so be sure to verify those.

  • Funding Methods we ranked good with an overall rating of 8.5 out of 10. The minimum deposit is among average in the industry, yet fees are either none or very small also allowing to benefit from various account-based currencies, yet deposit options vary on each entity.

Here are some good and negative points for funding methods found: Disadvantage
Fast digital depositsWithdrawal fee for Bank Wire
$100 is a first deposit amount
No internal fees for deposits and withdrawals
Multiple account base currencies like EUR, USD, and GBP
Withdrawal requests confirmed within 1-2 working days

Deposit Options

In terms of funding methods, offers numerous payment methods which are a very good plus, yet check according to its regulation whether the method is available or not.

  • Credit/Debit cards
  • Bank Wire
  • Skrill
  • Neteller Review Funding Methods Minimum Deposit minimum deposit amount is $100 to start, however, the minimum requirements depend on the trading account you choose. minimum deposit vs other brokers Most Other Brokers
Minimum Deposit $100 $500 Withdrawals

We learned that withdrawals offer good conditions for bank transfer and Card withdrawals, there is a minimum withdrawal amount for all methods (excluding the wire transfer – $100) which is set to $20, in case the request is smaller charges will be waived for you. Currently, you will not be charged any Deposit or Withdrawal Fees, as they are all covered by

How Withdraw Money from Step by Step:

  1. Login to your account
  2. Select Withdraw Funds’ in the menu tab
  3. Enter the withdrawn amount
  4. Choose the withdrawal method
  5. Complete the electronic request with necessary requirements
  6. Confirm withdrawal information and Submit
  7. Check the current status of withdrawal through your Dashboard

Trading Platforms

Based on our findings, offers highly popular MetaTrader 4 and Meta Trader 5 trading platforms, its proprietary CFD WebTrader with over 2,100 instruments, available through desktop, tablet, and mobile interfaces with no download necessary.

  • Platform is ranked Excellent with an overall rating of 9 out of 10 compared to over 500 other brokers. We mark it as excellent being one of the best proposals we saw in the industry, and a great range including MT4 and MT5 suitable for professional trading. Also, all are provided with good research and excellent tools.
Trading Platform Comparison to Other Brokers: PlatformsPepperstone PlatformsXM Platforms
Own PlatformYesYesYes
Mobile AppsYesYesYes

Web Trading Platform

The innovative WebTrader platform is available to only clients with an interface that is easy to navigate among the industry proposals.

The platform features a multi-chart display with independent functions, along with trading tools, intelligent analysis, trading central, events and trade tool, and secure management optimization.

DMA Trading

And the last, but very interesting opportunity from is to engage in trading with a DMA or direct access to markets through unique cooperation with a leading DMA provider Interactive Brokers. Therefore, active and professional traders may benefit from fruitful opportunities and vast capabilities.

Also, there is an opportunity to invest in a selection of Stocks available to trade via the Thematic Online platform.

Desktop Platform

We learned that the platforms are available through both desktop and mobile interfaces as well, and brings a vast tools from customization to specific engagement. Where the full capacity of trading capabilities is available through the desktop version. Review Trading Platforms

Customer Support

Based on our findings, offers 24/5 customer support provided by the multiple internationally presented local lines and via many languages. In addition, support is accessible via Live Chat, WhatsApp, and Email.

  • Customer Support in is ranked good with an overall rating of 8.5 out of 10 based on our testing. We got fast and knowledgeable responses, also quite easy to reach during the working days.

See our find and ranking on Customer Service Quality:

Quick responsesNo 24/7 customer support
Relevant answers
Supporting numerous languages
Live Chat, International Phone Lines, and email Review Customer Support Education

We learned that there is no comprehensive education center like you can find at some other popular brokers’ offerings, yet supports great research tools and essentials. These include already powerful platforms with inbuilt features packed with trading tools, economic calendar, intelligent analysis, Trading Central along with Events & Trade tools.

  • Education ranked with an overall rating of 8.9 out of 10 based on our research. The broker provides good quality educational materials, and excellent research also cooperates with market-leading providers of data. Review Economic Calendar Review Conclusion

Concluding the review, we admit a broker that offers trading opportunities to traders of almost any demand. provides truly attentive support to their clients, through the wide range of local call centers, yet does not offer comprehensive education, but included advanced research tools and analysis to its offered platforms that definitely highlight its offerings.

Based on Our findings and Financial Expert Opinions is Good for:

  • Advanced traders
  • Traders who prefer MT4 and MT5 platforms
  • Currency and CFD trading
  • Variety of trading strategies
  • Competitive trading conditions
  • Good customer support
  • Excellent research tools
  • now is a multi-asset broker being an international brokerage firm at the very beginning of its operation enabled access to a wide range of trading products together with comprehensive educational materials. Since the broker recognizing that the most important in Forex markets and trading is a smart decision and deep understanding of the trading itself accompanied by ultimate powerhouse...

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10 responses to “”

  1. I like leverage trading with this broker, y’all know why? Because leverages here aren’t fixed. They vary from asset to asset, and as you may noticed, even currency pairs have different leverage. As far as I know it is connected with regulations of this broker. It’s convenient, it’s easier to create a good strategy for these conditions.

  2. is the broker that will suit for more professional needs. Of course there is an ordinary CFD account that is mostly for beginners.
    However if you want to get the full potential from the broker, you have to be a seasoned pro to be able to use all the broker’s services and accounts.
    Does somebody know what are the requirements of DMA account?

    • Hm… DMA account? I may be wrong, but I want to you help you.
      As far as I know, there are no any accounts for DMA, as it’s almost the same as ordinary CFD trading. Thus, the broker, probably, didn’t want to make its services hard for perception, and left the same accounts as for CFD trading. However, I highlighted, I may be wrong! You can always ask customer support for a help, and they will describe everything to you in detail.

      • Oh, DMA account is definitely not the same as CFD account.
        First of all you get the fastest orders execution of all the accounts that exist in the forex market. This leads to the best pricing for the instruments too.
        Speaking of instruments, Trade,com DMA account offers more than 100,000 assets for trading from the global markets.
        In this regard Trade,com is a very versatile company.

  3. I really liked the idea of being able to set up an automated bot that will analyze the markets for me and make trading decisions based on the data and the analyses. But I was curious since it seems difficult. Is there a forum or a community where I can ask questions about the process?

  4. I believe that thanks to, my trading level will rise to new level.
    I already have experience in trading, but to get more opportunities, I opened trading account with
    I think so because this broker offers lots of financial instruments.
    I only don’t know if I can trust this broker with my personal data. Was there any information leakage from

    • Not that I know about. I think this issue is quite rare among forex brokers. Maybe it’s because forex brokers have strict rules of compliance to the regulators’ requirements. They include such things also.
      Or maybe all those personal data of clients are useless. Because if you, for example, would have my personal data, what would you do with that? You won’t be able to withdraw funds into your payment system. Since brokers have the requirement to withdraw to the same payment method which was used for deposit.
      The only thing you could do is to trade on my trading account and make some losses. But what’s the point?

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