TradeSimple
TradeSimple registered in the United Kingdom and is not regulated. It offers six types of accounts, with a maximum leverage of 1:500 and spread from 1.3 pips via the a web-based platform. The minimum deposit is $250.
TenorisFx
Tenoris FX is a broker. The tradable instruments include forex, indices, commodities, stocks, cryptocurrencies, and metals. The broker also provides three accounts. The minimum spread is 0.0 pips, and the minimum deposit is $100. Tenoris FX is still risky due to its unregulated status and bad reviews about difficulty withdrawing money.
Vatee
Vatee, a trading name of Vatee Global Limited, is allegedly a forex and CFD broker founded in 2013 and registered in Australia that claims to provide its clients with various tradable financial instruments with leverage up to 1:400 and variable spreads from 0.0 pips on the MetaTrader4 for Windows, iOS and Android trading platforms, as well as a choice of two different live account types and 24/5 customer support service.
QuantumTrade
QuantumTrade is a broker that offers over 150 trading instruments including forex, stocks, indices, cryptocurrencies, and commodities. It offers six account types with flexible leverage up to 1:400. However, it is unregulated. And information on trading fees is not provided.
Tradingnetwork
Registered in Dominica, Tradingnetwork is a broker that offers access to 12000+ assets and 4 major accounts with a maximum leverage of 1:500. The spread is as low as 0.4 pips and commission-free. The customer support team is available 24/5 by email, phone, and call-back requests. Of course, they are rewarded with bonuses for their referrals.
TNFX -Overview of Minimum Deposit, Spreads & Leverage
Founded in 2019, TNFX is an offshore broker registered in Seychelles, offering trading in FX, metals, energies, US equities, EU equities, HK equities, indices, cryptos, indexes, and futures with leverage up to 1:500 and spread from 1.0 pips on the Standard account via the MT4 and MT5 platforms. Demo accounts are available and the minimum deposit requirement to open a live account is $100. [Image]
MY24COIN
My24Coin, a trading name of 24 COIN HRS LIMITED, is an unregulated UK-based forex broker that offers forex trading with leverage up to 1:200 via the FxToAll and Webtrader trading platforms.
Dakken Group
Dakken Group, a trading name for Clandestiny Group LLC, is purportedly a Saint Vincent and the Grenadines-registered forex broker that offers a range of tradable financial instruments, such as Forex, commodities, stocks, indices, and cryptocurrencies, with fixed spreads starting at 0.5 pips on MT5 platform and flexible leverage up to 1:400. Additionally, the company claims to offer four distinct live account types.
Unionstock
Unionstock is an unregulated broker registered in the United States, offering trading in forex, commodities, energy, precious metals, stocks, indices, and cryptocurrencies with leverage up to 1:200 through the web-based and MT4 platforms.
Networkfsi
Networkfsi is an unregulated forex broker based in the United Kingdom. Its market instruments include indexes, commodities, stocks, and cryptocurrencies, in addition to forex. The leverage on this platform is up to 1:200. Investors need to deposit at least €5 000 to start trading on Networkfsi.
Tradelivefx
Tradelivefx is a brokerage company who currently does not maintain functional website that we can only get limited information about this company on Internet.
MarketsEU
MarketsEU is a brokerage company who currently does not maintain functional website that we can only get limited information about this company on the Internet.
Novelis Capital
Novelis Capital is a newly-established brokerage company and currently does not maintain functional website that we can only get limited information about this company on the Internet.
Smart FX Vest
Smart FX Vest appears to be an unregulated online trading platform that offers 250+ trading instruments, including Forex, CFDs on Shares, Futures, Indices, Metals, and Energies. Additionally, it claims to provide its clients with leverage up to 1:1000, floating spreads from 0.5 pips, and commission-free trading via 3 different live account types.
UNFXB
Founded in 2020, UNFXB (Unicorn Forex Broker) is an unregulated broker registered in Saint Vincent and the Grenadines, offering trading in forex, ETFs, cryptocurrencies, CFDs, metals, energies, commodities, stocks and indices with leverage up to 1:1000 and spread from 1.5 pips on the MT5 platform. Demo accounts are available and the minimum deposit requirement to open a live account is just $10.
Goldenrodfx-Overview of Minimum Deposit, Leverage, Spreads
Founded in 2020, Goldenrodfx is an unregulated broker registered in Seychelles, offering more than 250 trading instruments with leverage up to 1:200 and spread from 6 pips on the web-based trading platform.
Opoforex
Opoforex is a broker. The tradable instruments with a maximum leverage of 1:2000 include forex, commodities, stocks, cryptocurrencies, metals, and indices. The broker also provides four accounts for MetaTrader and provides three accounts for CTrader. The minimum spread is from 0 pip and the minimum deposit is $100. Opoforex is still risky due to its unregulated status and high leverage.
LiteGap-Overview of Minimum Deposit, Leverage, Spreads
LiteGap is an unregulated broker registered in China, specializing in forex trading with leverage up to 1:400 via the MT4, MT5 and Web trading platforms. The minimum deposit requirement to open a live account is as high as 250 USD.
DAX1001-Overview of Minimum Deposit, Leverage, Spreads
Registered in Marshall Islands, DAX1001 provides multiple trading assets like cryptocurrencies, CFDs on on gold, silver, natural gas, oil, commodities, 13 indices, stocks, currency pairs on the MT4 trading platform. Besides, it also offers demo accounts and its minimum deposit to open a live account is only $1. However, it is not regulated currently.
THENINE-Overview of Minimum Deposit, Leverage, Spreads
THENINE is an unregulated broker registered in Saint Vincent and the Grenadines, offering trading in forex currency pairs, indices, spot indices, commodities, spot commodities, and cryptocurrencies with leverage up to 1:1000 and spread from 1.8 pips on the Standard account via the MT4 platform. The minimum deposit requirement to open a live account is just 10 USD.
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