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What is the minimum deposit for HFM, because their website says no minimum deposit but when I check their payment methods is says 5 USD Replied 9 months ago - HFM minimum deposit is $5 for their regular account types but for their accounts that have lower spread the minimum deposit elevates to between $100 and $250 which is too high in my opinion given that you can get better bang for your buck with other brokers of similar quality. For example IC Markets has a $200 minimum deposit but their trading conditions and spreads are way lower plus you get TradingView.
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Is Quotex A Legit Broker? Replied 11 months ago - I checked the Quotex Trading website and I noticed they did not display their regulation information so Quotex Trading must be an unregulated broker. Quotex also has some negative reviews online on Reddit & Quora. Quotex was also placed on an investor alert list by the Securities Commission of Malaysia for illegally dealing in securities. https://www.sc.com.my/investor-alert-list The danger of trading with an unregulated broker is that they can choose to close shop or they can refuse to pay out your profits and there will be no one you can report to since they are unregulated.
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How Long Does Exness Withdrawal Take in South Africa? Replied 11 months ago - Exness withdrawals have to be initiated early in the morning before a certain time if you want it to reach your account same day. I think you have to initiate the withdrawal before 10 AM or so and if you do, then you're good to go
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Which South African Forex Broker Has The Best Modern Tools? Replied 11 months ago - AvaTrade also has great tools although this broker is quite pricy. Their AvaProtect tool refunds you for losses on a trade when activated but you pay for this service. Their Guardian Angel is also another great trading companion for MT4.
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Is IronFX A Scam? Replied 1 year ago - Sorry I meant to say there is no regulation info at the bottom of their ZA website
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Is FXTM Legit in Nigeria? Replied 1 year ago - Online forex trading is not even regulated in Nigeria so every Nigerian forex trader faces a counterparty risk of some sort. Now FXTM has been blacklisted by the Nigerian authorities so you cant even access their website or mobile app. Anybody can emerge and claim to be FXTM at this point thus elevating the risk of fraud. Best bet is to be cautious and look elsewhere.
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Is Exness Regulated in South Africa? Replied 1 year ago - As at today, Exness is regulated by the Financial Sector Conduct Authority (FSCA) in South Africa with FSP license number 51024. The FSCA also granted Exness an Over-the-counter Derivative Provider (ODP) license so that they can act as market makers instead of just being middle men or intermediaries when offering CFDs to clients in South Africa. To confirm for yourself, visit the FSCA website and search the FSP licensees & ODP list.
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Why Was Exness Banned in Malaysia? Replied 1 year ago - Don't trade with any unlicensed broker. 1. As per my search online, CFD brokers are banned in Malaysia, and it is not legal to trade forex via any online CFD broker. SC of Malaysia have published an investor alert list & most CFD brokers are on that list. 2. Plus, from what I see on their register page, Exness also does not accept Malaysian traders (screenshot, there is no Malaysia on selection of Country of Residence). 3. OP, in your screenshot, it is not Exness that is in their alert list. It is some scam/clone broker trading using Exness name. But it also does not mean that Exness is legal in Malaysia. I suggest that one should avoid trading forex or CFDs if you are from a country where CFDs are banned & there are no licensed broker. Foreign/Offshore brokers, even if they are tier-1 regulated are still not legal. You will not get any investor protection of your funds.
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MT5
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is ftmo on tradingview?
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Is Infinox Broker Legit or Scam?
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What is IFX brokers minimum deposit in ZAR and is the iFX 100% deposit bonus legit?
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No forex broker is perfect: change my mind
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is take profit trader a reliable legit prop firm?
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