Pocket Option Review 2023: Features & Alternatives
Pocket Option is part of the Gembell Limited Holding company, focusing on making it clear and simple to trade options. The group was founded by professionals who have years of experience in trading and investing.To get more news about pocket option review, you can visit wikifx.com official website.
They offer great services on the mass market and have an FMRRC certificate, meaning they focus on quality and OTC market access for all who are interested. Overall, they want to provide a stable environment for traders and investors who want to take advantage of the upward potential of trading options.
Pocket Option also offers bonus offers and a profitable affiliate program to its users, aside from its social trading platform. Plus, they have a very user-friendly trading platform that's widely available since it's translated into over 22 languages.
Continue reading through this Pocket Option review as we showcase what makes it a unique trading platform, and how you can use it to access the binary options market.
Minimum Deposit
One of the great benefits of using Pocket Option's website is that there is a low minimum deposit required to start trading on their site-just $5. Other brokers will require you to make a large minimum deposit to start trading, though Pocket Option makes it highly accessible for people to trade binary options with low amounts of capital. The platform includes all of the standard payment methods.
Social Trading
The social trading aspect of Pocket Option allows traders to track and copy the trades from other traders around the world within 10 seconds of their execution. This allows users with any type of account to replicate winning strategies for themselves. There are many functionalities with this social trading feature that allows binary options traders to specialize the trades for their own needs.
Once a trader makes a profitable trade, they can also broadcast their trading signals to others on Pocket Option.
While Pocket Option is a great choice for the most experienced traders' deals, there is still a learning element that newer investors can enjoy with the free demo account functionality and trading with virtual money.
Instead of investing real money, this allows traders to practice trading and trying out new strategies before going live with them in a real account. With this, you can explore the functionalities of the site without actually losing any money during the process. So even if you aren't the most seasoned with binary options trading, you can still get to know the site and hone your skills with a free demo account on the Pocket Option platform before opening a live account.
Tournaments, Contests, and Offers for Clients
Pocket Option is a highly interactive site, making it fun and interesting compared to other trading platforms. Customers can earn bonuses through tournaments, contests, and other offers in order to boost their earnings and find new ways to monetize their assets.
Payouts
Another great benefit is the payouts Pocket Option has, which are some of the high payouts paid to users' bank accounts. With this, the company's clients are paid up to 92%, taking little for fees and other costs. Plus, users can also earn a payout percentage bonus for extra ways to earn.
No Commission On Deposits & Withdrawal
Pocket Option is a great choice because users don't pay a commission on deposits or withdrawals. So, there are no hidden trading fees to deposit money to replenish your account or when withdrawing funds from it. All your funds will be accessible to you at no additional cost.
Saracen Group Wins Contract for E-sports Centre with Renowned Queen Mary College
As a unique and leading edge company, Saracen Group have secured a contract with the forward thinking, Queen Mary's College in Hampshire, through detailed and close collaboration during the crucial tender stages. The project is targeted at providing a renovated and modern ground floor, first floor and an even more inviting entrance to one of their campus blocks to accommodate an E-gaming room and additional facilities for the growing college.To get more news about saracenmarkets review, you can visit wikifx.com official website.
For a number of weeks, the Saracen team has worked closely with Queen Mary's College to define and develop the core details and scope of works for the project, to ensure that the best possible outcome is achieved. This 6-week programme to deliver a one of kind eSports is set to take-off in the next few weeks, where we as a company aim to deliver nothing but perfection and help the holistic college gain an immeasurable value within the educational sector. The vibrant and diverse college takes pride in providing the best possible opportunities for the students and at Saracen we take pride in being able to transform their vision into a reality.
Queen Mary's College rightfully holds their position as being one of the best in their region and in the top 15% of colleges in the United Kingdom due to their effortless yet intentional incorporation of modern and innovative learning environments and approaches which Saracen is happy to be a part of and contribute to. Our driven team of experts, here at Saracen, intend to produce an outcome suited and complementary to the exceptional core values of the college being equality, diversity and inclusion.
At Saracen, we are confident in our abilities and potential contribution to Queen Mary's College and look forward to sharing the journey with you, from the development stages right till the finished product.Despite the turbulent nature of the last 3 years with Brexit, Covid, and the Russia and Ukraine war alongside economic and political strain, Saracen has a very optimistic outlook for 2023.
Looking back at last year, our expert teams pulled through high-class and outstanding contracts across London and the Southeast, regardless of the challenges. In addition, ending the year off fittingly with charity work for City Harvest. An amazing charity delivering free surplus food to families hardest hit by the current cost of living crisis.
As a cohesive team, Saracen strives to not only deliver on projects but to continually go beyond expectations and give more than is necessary, despite the surrounding challenges. A principle and characteristic of Saracen, that will maintain and be built on in the coming year.
Saracen's have been outstanding, and we are so delighted with your work and professionalism and the build is great! Also that you very kindly donated the lockers to us - thank you for that. You have gone above and beyond to sort the heating/ air con when you didn't have to and replace TV's when you didn't have to."
As the team reflects on the year that has passed, one that has been filled with great challenges but also success, Saracen confidently continues to reach for greater things within the Commercial Property Market.
It is not news that the Commercial Property environment has undergone a drastic shift in nature and demand however, Saracen see this to be more of an opportunity rather than a setback in the year ahead.Looking forward, we have a strong pipeline with a range of exciting projects in London for 2023. Our team of professionals continue to push our presence in the North - believing in the northern powerhouse.
While Commercial Property and the shift post-covid call for different types of projects with a different but exciting design emphasis, there is no doubt that the market is busy again, especially in London. And Saracen is here for it!
Forex Bot Pro Review: Possibly a Scam
Forex Bot Pro is a suspicious robot for trading the Forex market. It is free to use and can allegedly make lots of money for you if you trade with it consistently. The reason why we think this website is suspicious is because they are making certain claims which they have not been able to verify. One of them is that Forex Bot Pro is fully regulated by European regulators and that client funds will be kept in tier 1 European banks. Of course these claims are not true because they can't be verified.To get more news about botbro review, you can visit wikifx.com official website.
Forex Bot Pro Review
Are we saying that Forex Bot Pro is a scam? Possibly it is a scam based on a number of things that we have already considered.
The website of Forex Bot Pro claims that this robot produces high returns and uses advanced risk management technology to protect client investment. Perhaps it would have been helpful if the owner of this site actually demonstrated how these things work in a video. We would have appreciated a visual demonstration of this software as opposed to just texts which can be hard to verify.
The site also suggests that Forex Bot Pro is being used by millions of traders out there. This is not true. If it were true, we would have probably know about this software long ago. Word would have spread like bush fire.
In as much as this trading software trades Forex currencies, it is not profitable. That is how we see it. Unlike many expert advisors that we have reviewed here, this software appears to resemble popular binary options robots.
We are very right when we say that Forex Bot Pro is the same software that was used in True Profit, FX Pro Bot and Crypto Coins Bot.
Although Forex Bot Pro does not allow you to test it before funding your account, we already know that this software comes with a demo account which merchants can activate to convince you. This fake demo account can be misleading because it produces fake results. Such results cannot be achieved if you ever traded a live market with this software.
Forex Bot Pro website claims that this software can let you target your profits and at the same time risk as little as $5. This possibly means that we are dealing with a binary options software since Forex trading robots don't usually work this way. There are many elements of this software that resemble those of a binary options robot.
Also, we have engaged real users of Forex Bot Pro robot. They all confess that this is a money losing software. It has been around for quite some time now. It's the reason why many traders are losing money. Scammers just keep re-branding the same app and selling it as new.
This software is not regulated
The fact of the matter is that Forex Bot Pro is a product of investment advice. That is why a broker has been integrated into this website so that you can also deposit some money and start using the software all in the same interface.
In other words, this software needs to be regulated. Unfortunately, it's not. This means that it is illegal to promote such a trading robot on the internet.
But you see, Forex Bot Pro website is lying that their product is regulated by European regulators. This is far from the truth. They are lying and misleading.
Also, it is not true that Forex Bot Pro will send you to a regulated broker. We have already established that this website is working with unregulated brokers such as MaxCFD and Ashford Investments. Those brokers will steal your money. They are notorious for mishandling traders and even stealing money from their clients. Avoid them at all cost.
The truth that this website does not want you to know
The aim is to make you trade with a certain broker under their referral link. When you sign up through them, they make money in form of commissions paid to them by the broker. This is not necessarily a bad thing. However, it is crime to mislead traders using false information just to have them signing up with a broker.
At this point in time, we can't express any confidence on this website's offers. They are clearly hell-bent with the idea of making money off your ignorance.
Blueberry Markets Review 2023
Blueberry Markets offers places a large emphasis on their customer service having high ratings on various social media outlets such as TrustPilot, Google Review and Forex Peace Army. But are they actually any good? As part of this review, we look at their trading, accounts, spreads and trading platforms along with strengths and weaknesses.To get more news about berry markets review, you can visit wikifx.com official website.
About Blueberry Markets
Forex Brokers ReviewBlueberry Markets is a global Forex broker headquartered in Sydney, Australia, that offers tradable Currencies, Indices, Commodities (Metals & Oils), Cryptocurrency
CFDs, and Share CFDs. It operates 24/7 with one-to-one customer support and dedicated account managers to all demo and live account holders. Blueberry Markets was a finalist for Finder's Best Online Customer service award in 2020 and 2021, and Best Bootstrapped Startup for the Australasian Startup Awards in 2018.
The Blueberry Markets Group is a trading name of Eightcap Pty Ltd, an entity that holds an Australian Financial Services Licence (AFSL) enabling it to offer financial services to residents of Australia. Blueberry Markets AFSL number is 391441. The blueberrymarkets.com website is operated by Eightcap Pty Ltd.
Trading Account Types
Blueberry Markets supports all levels of traders with personalised account types to fit different traders' needs. A ‘Blueberry Standard Account' starts at 1.0 pip-spread with a $0 commission charge, and a ‘Blueberry Direct Account' trades on 0.0 pip-spread with a $7 commission. Both account types can be traded in MT4 or MT5 platforms with unlimited demo account access and a minimum trade size of 0.01.
Blueberry Markets Standard Account
This trading account does not have any additional costs as they are built into the spread. Using a standard account means no commission costs.
The minimum deposit required to open a Standard account is $100, while the minimum trade size allowed is 0.01 lots.
The broker offers low spreads that start from 1.0 pip on major currency pairs, with clients being able to access 300+ trading instruments across 5 asset classes via 2 popular trading platforms - MetaTrader 4 and MetaTrader 5.
Blueberry Markets Professional Account
Clients who open a Direct account are able to see the raw market spread to ensure real-time pricing once trade positions are placed. The minimum deposit is $100 and a $7 commission fee is charged for each standard lot. Blueberry Markets' offers tight spreads on a Direct account with spreads that start from 0.0 pips.
Both Standard and Direct accounts may use their MT4/MT5 platforms and choose among 300+ financial instruments across 5 asset classes to trade with.
VPS Hosting
Clients with a live account, whether Standard or Direct, may access the Blueberry Markets Forex VPS for free. Their VPS provides the best experience possible by executing trades with greater speed and accuracy through high-performance external servers. It also allows low-latency trading by hosting the client's system inside the same data centre as Blueberry Markets' main trading servers, ensuring that the client's trades are executed in 1 minute or less.
Trading Costs (Spreads And Commissions)
Trading costs (spread and commissions) for clients will depend on the live account type they choose. Solely on spreads, alone Blueberry Markets spreads are average whereas commissions are in line with the industry standards of $7 round-turn commission rate.
The brokerage marks up its spread on the Standard account, while on the Professional account it sources its bid-ask quotes directly from 12 tier-one liquidity providers. When it comes to the total trading cost (spread + commission) Blueberry Markets is a little behind compared to other best brokers.
Trading Conditions: Standard Account
Similar to many Forex brokers around the world, there will be no commissions on Blueberry Markets Standard account, while traders will only pay the bid-ask spread. Blueberry Markets do not provide their average spreads however spreads start from 1.0 for the EUR/USD pair.
We monitor the average spreads other brokers provide on their website and update it each month. See the table below for standard account spreads offered by other brokers.
OmegaPro Honest Review: Investment-based MLM Scam?
In this post, we will examine OmegaPro Ltd, a company that combines forex trading, fintech, and MLM concept.To get more news about omega pro review, you can visit wikifx.com official website.
OmegaPro claims to be a UK-based broker company that allows its clients to trade with currency pairs, commodities, stocks, and indices.
There is a lot to understand regarding OmegaPro, its services, compensation plan, and lastly a quick review to know whether it is legit or not.OmegaPro is founded in early 2019. Dilawar Singh is the co-founder of the company. OmegaPro is incorporated in St. Vincent and the Grenadine.
OmegaPro claims that they make trading easier and improve your life. In 2020, the annual revenue of OmegaPro was supposed to be $25 million.
According to SimilarWeb stats, the majority of the traffic on omegapro.world is from Colombia (47.06%), France (9.65%), Ecuador (8.59%), Saudi Arabia (8.59%), and Peru (4.50%).
OmegaPro receives tons of warnings from Colombia, Belgium, Chile, and France for a fraudulent trading platform. More brief about warnings, issues, and legalities are shared ahead in the post's review.To join OmegaPro one has to pay a one-time $29 as an administration fee and purchase a license of Algo-Trade Fiat Experts from these.
Price denotes the deposit amount and all these licenses were applicable up to 16 months.
Cap is the maximum weekly earning limit. Apart from trading profit, OmegaPro affiliates can also refer new affiliates and clients to earn incentives.OmegaPro doesn't market any physical product, it provides online trading services.
OmegaPro has an online trading academy in which they teach crypto and forex trading to their users. And also start a program called ALGO-TRADE EXPERTS, in which trading experts will trade for clients and give trading tips and ideas.OmegaPro has different ranks for affiliates to achieve with different criteria.
RV (Rank Volume): All OmegaPro ranks need certain RV to advance and maintain the rank. 1 RV is equal to $1 and RVs are generated on purchases.
1. Direct Sales
When the affiliate's sponsored member purchases any license package then the affiliate receives a 7% direct sales commission of the package price.For Instance, if the affiliates sponsored member purchased an advance license of $5,000 then the affiliate earns a $350 commission.
2. Network Bonus
OmegaPro affiliates receive a 10% bonus of the volume produced in the weaker leg.
Also for this income, an affiliate must have a sponsor minimum of 1 active member in the left and right leg each.For Instance, an affiliate accumulates $10,000 in the stronger leg and $5,000 in the weaker leg, then the affiliate receives a $500 bonus. The remaining $5,000 of the stronger leg will be carried over to the next week.
3. Leadership Pool
OmegaPro distributes 1% of their total turnover to the affiliates who qualified for Pool 1, Pool 2, and Pool 3 each.
Windsor Brokers Review 2023: Is Windsor a Good Broker?
Windsor Brokers is a leading foreign exchange trading broker that offers traders access to various trading instruments in multiple markets, such as indices and currencies. Windsor Brokers commodity trading includes a variety of metals, agricultural commodities, and energies.To get more news about windsor brokers review, you can visit wikifx.com official website.
Windsor Brokers is a leading CFDs and forex trading platform established in 1988. This online trading platform ensures an exemplary foreign exchange brokerage service to its investors. Although the company has been functioning in financial markets since 1988, it moved a portion of its forex business model operations in 2005. Windsor Brokers has become one of the leading contenders in this industry and mainstream forex and CFD trading platform catering to retail and corporate clients.
This Windsor Brokers review covers the platform's features, functions, online trading platforms, no deposit bonuses, promotions, leverages, user experience, and many more. Let's delve deeper into how the Windsor Brokers site review how forex, stocks, shares, indices, and CFDs work and how one can use different trading strategies and trading skills to reap the maximum advantage out of it.
What Is Windsor Brokers?
Established in 1988, Windsor Brokers is an investment firm with two arms - one located in Belize and regulated by IFSC (International Financial Services Commission) and JSC (Jordan Securities Commission) and another arm located in Cyprus, which is regulated by CySEC (Cyprus Securities and Exchange Commission).
Unlike other broker companies, Windsor Brokers offers financial services from these two branches to its clients in more than 80 countries, including Indonesia, Malaysia, Thailand, South Africa, Kenya, Iran, and Dubai. The Windsor Brokers business model continues to function efficiently, enjoying the growing consumer base with a distinctive focus on the Middle East. There are two account types, including MetaTrader 4 platform, which is the market‘s favorite, providing out-of-the-box features and asset selection.
Windsor Brokers User Experience
Coming to user experience, Windsor Brokers offers the popular MetaTrader 4 forex trading platform available on desktop and mobile apps as per many online Windsor Brokers reviews & research. The forex broker also offers their custom-made Gwazy trading platform. Both of these platforms are compatible with iOS and Android devices, which makes it easy to execute trades on the go. Windsor Brokers offers minimum trades of 0.01 lots which may vary depending on the account type one uses.
How much trading experience one gains depends on the account type, trading platform, and other factors that determine user experience. The maximum trade requirements may vary depending on the trading tools, financial instruments, and the trader himself.
Windsor Brokers offers STP execution, and hence, the traders should expect tighter spreads and additional transparency over the price they are paying to execute their trades.
Negative Balance Protection
Compared to other best forex broker in the market, Windsor Brokers offer negative balance protection as a risk warning that acts as an assurance to reduce risks and uncertainties. This is one of the best trading features that prevent a trader from losing more funds than deposited. Essentially, this feature is offered when the market volatility leads the traders to enter the red. Windsor Brokers offers their clients a chance to reset their account balance to zero. This feature enables a safe trade experience for every trader.
Security
Windsor Brokers is regulated by the top regulatory bodies and has a robust privacy policy, ensuring that all customer data is stored and managed securely. The broker also employs encryption, authentication protocols, and firewalls to safeguard against misuse of client information and unauthorized access.
Reliability
Windsor Brokers trading website is regulated and reliable with an excellent reputation, several account types, two trading platforms, and adequate professional educational materials for informational purposes.
Insurance
Windsor Brokers offer a Civil Liability Insurance program with a limit of 5,000,000 Euros for both Belize and Seychelles clients. This insurance involves market-leading coverage underwritten by Lloyds of London against errors, omissions, negligence, fraud, and other risks that may result in financial losses for the clients.
CMC Markets Review
CMC Markets (CMC), founded in 1989, is a well-established, publicly traded, and highly regarded U.K. forex broker that has successfully adapted to the ever-changing online brokerage landscape. The company is listed on the London Stock Exchange (LSE) under the ticker symbol, CMCX. Like many forex brokers, CMC does not accept U.S. traders.To get more news about cmcmarkets review, you can visit wikifx.com official website.
CMC's flagship platform is a feature-rich, web-based offering aptly named "Next Generation." This, coupled with the ubiquitous MT4 (downloadable) platform and a functional mobile application, comprises CMC's entire online offering to the consumer. CMC provides traders access to an extensive range of offerings, both CFDs and spread betting, across several different asset classes. Aside from the greater-than-usual complement of forex, commodities, indices, and individual shares, a comprehensive government bond listing and 14 cryptocurrency offerings (12 cryptos + 2 indices) fill out the product roster, providing an overwhelming number of potential trading opportunities for all types of traders. Additionally, the broker offers competitive spreads that are dynamic in that they widen or contract with trade sizes, and clients' accounts are protected from going into a negative balance condition.
Dedicated sites for professionals and institutions highlight CMC's added commitment to skilled traders, but higher-level perks, such as rebates and a free API interface offered to those that qualify as "professional" traders, are not available to the retail trader. Even so, all account holders gain access to guaranteed stop losses (GSLO), free bank wire withdrawals, and other useful features. Investopedia's ranking algorithm factored in this broker's extensive product offerings and its top-tier placing in several review categories in recognizing CMC Markets as the Best Overall Forex Broker for 2020.
Who CMC Markets Is For
CMC Markets is for all types of traders, from the novice retail trader looking to dip their toes into the online trading arenas of forex, CFDs, and spread betting, to the experienced veteran seeking exposure to a broad array of products. The firm's fees are competitive within the industry and it ranks high on several of our lists. The company is ranked as the winner for Investopedia's Best Overall Forex Broker for 2020 as well as Best Forex Broker for Range of Offerings.
Pros Explained
CMC Markets offers clients one of the largest product catalogs available in the online forex brokerage community. As advertised on its website, clients can trade up to 10,000 instruments, which opens up many new opportunities, especially with longer-term portfolio managers.
CMC Markets is regulated by the Financial Conduct Authority (FCA #173730) which is one of the main regulatory agencies in the UK and is highly regarded globally for being strict in ensuring that market practices are fair for both individuals and businesses. Simply put, being regulated by a reputable government-backed agency goes a long way towards establishing the credibility of a firm. Traders accept the risk that is inherent in markets but they would also like the peace of mind knowing that their funds are not subject to risks outside of the ones that they are taking, such as counter-party risk. Additionally, segregated client funds are held in a number of U.K. and European banks so as to disperse risk further.
CMC Markets places an emphasis on customer service, which includes 24/5 telephone support with access to live brokers and a chat service. This, coupled with their educational offerings, buoyed them in the rankings. Being able to readily contact a broker is crucial for anyone engaged in the arena of online trading.
CMC Markets' dedication to providing clients with top notch research is to be commended. It is comparable with the best that the online forex brokerage arena has to offer.
CMC Markets offers "negative balance protection" which has become a fairly important feature that most online brokers are offering these days. The catalyst was most likely the SNB event of January 15, 2015 that roiled the markets, especially the highly leveraged retail FX market. Additionally, CMC also offers guaranteed stop losses.
Cons Explained
CMC Markets does not accept U.S. clients due to regulatory constraints, which precludes it from truly being considered a global broker. This would be a red flag were it not for the fact that the company is regulated by the FCA which, along with U.S. regulatory agencies (NFA, CFTC), is widely considered to be the preeminent regulatory body.
Differences exist between CMC Markets' "Next Generation" platform and its MT4 platform in terms of spreads, commissions, and product offerings. Essentially, CMC's web-based platform is the company's de facto flagship offering and has far more functionality than does its MT4 white-label. This would not be as big of an issue were it not for the fact that MT4 is its only downloadable offering.
CMC Markets charges a much higher-than-average S&P 500 spread (5 points) for CFDs and spread bets, which stood out on the index cost disclosures.
CMC's Next Generation is not equipped with back-testing or automated trading capabilities, leaving MT4 as the only alternative for algorithmic traders.
FP Markets Review
When it comes to account types, you certainly can't fault FP Markets for its flexibility, but it does get a little complicated to understand what's available and what you're eligible for. So, let's go through the options one by one.To get more news about fp markets review, you can visit wikifx.com official website.
The two main account types available are the Standard and RAW accounts, which offer slightly different pricing models.
Whereas the Standard account has a spread of at least 1.0 pips per trade but no commissions per lot, the RAW account offers the opposite: spreads start from 0.0 pips but there's a fixed commission per lot. The exact charge per lot depends on your base currency.
The higher spread for Standard accounts only applies to forex and metals trading, but the other assets you can trade on the platform have the same spreads regardless of your account type.
In all other respects, the accounts are pretty similar. They have the same opening balance requirements, let you trade the same instruments (including cryptocurrencies and stocks), have the same leverage capabilities, and offer FP Markets' signature extra-fast execution and the most common order types.
So, which should you choose? If you're an experienced trader, it tends to be advantageous to opt for a raw account to take advantage of lower spreads. This makes it easier to do scalping, day trading, and other similar activities. This type of account is sometimes called an STP or ECN account since there is no dealing desk which means spreads are provided by the liquidity providers without price intervention from the broker. This explains the lower spread cost.
However, the standard account offers a simpler trading experience, which makes it the best choice for beginners. It also makes more sense for those who trade over the long term, because the spreads won't affect them as much when they're only making occasional trades.
One feature that is impressive with FP Market is its execution speed. The broker is a no dealing desk broker (NDD) which means straight-through processing of orders. Several other brokers are offering this feature, so a comparison was made focusing on limit orders. These are orders when a trader sets a buy limit, buy stop, sell limit or sell stop. Based on 25 trades, FP markets achieved an execution speed of 80ms, which was the lowest as shown below.
If you live in Australia, you'll be able to open an IRESS trading account instead, which isn't a million miles away from the accounts outlined above but does work differently. You would only choose this account if you want to trade stocks however selected other CFD products are available.
While all accounts on FP Markets have competitive ECN-like pricing, only IRESS accounts have Direct Market Access (DMA) - this means the prices you get will be exactly what the underlying market offers, and your CFD or forex broker won't profit from you at all.
There are three types of IRESS accounts available: the Standard, Platinum, and Premier options. As you progress from the most basic to the more advanced, you'll need a higher minimum balance to open the account but will be able to access lower brokerage and financing rates, and fewer fees overall.
The Standard and Platinum accounts have a $55 monthly fee for trading, but this is waived if you generate at least $150 a month in commissions; meanwhile, the Premier accounts waive the fee regardless of activity. Also, the non-Premier accounts require you to pay $22 for ASX live data unless you generate $50 a month, but this is again waived for the Premier account. The catch? Premier accounts are only for professional traders.
FP Markets Standard account is an excellent option for those who want a simple interface and to trade over the long term, while the Platinum account offers lower rates for those who are more serious about trading and will be moving more money in and out of their account. Finally, the Premier account is for professional traders with a high balance, so it will, unfortunately, be out of reach for most people.
slamic Accounts
FP Markets also offers Islamic accounts, which don't involve any swaps or interest on overnight positions to stay in line with Islamic principles. Rather, you'll be charged a fee on positions, which is deducted from your account balance.
Although there's no option to choose an Islamic Account when you sign up, don't panic. You can switch to one easily by contacting FP Markets, so just set up an account like normal.
FxPro Review 2023
Founded in 2006, FxPro has established a reputation as a global Forex broker that is here to stay. The brokerage had remarkable success and now serves retail traders as well as institutional clients from over 170 countries. FxPro is a well-regulated company with licenses from five different regulators and continues to grow. During our FxPro review we found that that the broker currently offers CFDs on six different asset classes, boasts Tier 1 capital in excess of €100,000,000 and serves traders with lightning gas execution times of less than 14 ms while execution just shy of 7,000 trades per second. That being said, the broker is obligated to divulge that approximately 77 percent of traders lose money when trading with FxPro.To get more news about fxpro review, you can visit wikifx.com official website.
FxPro appears to be a true NDD (no dealing desk broker) which offers excellent market access to all types of traders. According to the latest data available for 2020, 80.48% of trades were executed at quote price, 9.60% experienced positive slippage and 9.93% negative slippage. 98.86% of trades were executed without a re-quote, 0.54% with a positive re-quote and 0.60% with a negative re-quote. A comprehensive educational and research department complement the reliable trading environment traders enjoy. The remainder of this FxPro review will focus on specific details of what the company offers (or doesn't offer) it's traders. Read on to see if FxPro is right for you.
Regulation and Security
FxPro UK LTD is authorized and regulated by Financial Conduct Authority under registration number 509956. Client funds remain segregated, and traders are protected by the Financial Services Compensation Scheme (FSCS) up to £85,000. The FCA is one of the most respected regulators in the world and clients of FxPro can rest assured that their funds are protected, secured and insured.
FxPro Financial Services LTD is authorized and registered by the Cyprus Securities and Exchange Commission under license number 078/07. Trader funds are protected by the Investor Compensation Fund (CIF) and as an EU member, the MiFID II regulatory framework as well as the 4th EU Anti-Money Laundering Directive also apply. In addition, cross-border regulation in all EU member countries is also applicable.
FxPro Financial Services LTD is also authorized and registered by the South African Financial Sector Conduct Authority under authorisation number 45052. FxPro Global Markets LTD is authorised and regulated by the Securities Commission of The Bahamas under license number SIA-F184.
There is no question that the regulation offered by FxPro is respectable and should provide a solid sense of security for traders worldwide. FxPro traders also enjoy negative balance protection in case leveraged positions are exposed to natural market events which would otherwise result in a negative balance.
FxPro generates its revenues from a combination of spreads and commissions. Spreads on the EUR/USD start from 1.5 pips in the MT4 Trading Platform and 0.2 pips in the cTrader platform where commissions apply. Traders can check detailed commissions for each asset on the cTrader platform on the company's website. FxPro is upfront and transparent on all trading costs involved; swap rates, positive as well as negative also apply and are passed on to traders.
Swap rates can easily be checked from inside the MT4 trading platform for full transparency at all times.
In the cTrader platform, traders can access all the information from the deal ticket by clicking on the "Information" button when placing a market order. We did notice that the commission for this broker is on the high side of the spectrum.
ICM Capital Review 2023: Is It Perfect FX Broker For You?
ICM Capital brokers is a reliable forex trading platform that gives traders access to various types of instruments like shares, cryptocurrencies, indices, CFDs, and many more across several financial markets. It helps its clients avoid high risk and make more money. The firm was established in 2009, and its head office is in the United Kingdom.To get more news about icm review, you can visit wikifx.com official website.
The firm concentrates on offering services to all kinds of clients, especially rich clients from the Middle East and North Africa. This has allowed ICM Capital to scoop many MENA awards. Though the firm accepts clients from every country across the globe, US clients are not allowed to trade at ICM Capital. It also has Fastest Growing Global Multi-Asset Broker Award given by Global Business Magazine Awards in 2022.
To review ICM Capital, the broker has a license from the CFTC and NFA, which makes it a safe place for forex trading. This ICM Capital Review delves deeper into the features, regulations, legitimacy, deposit and withdrawal fees and payment methods, and many other important functions. So, let's get started!
What Is ICM Capital?
ICM Capital Limited was established in 2009 and is headquartered in London, with the representative head office in the UAE. ICM Capital is registered under the Financial Conduct Authority (FCA), register number 520965.
ICM Capital Limited is a subsidiary firm of ICM Holding SARL along with ICM APAC, ICM Capital Limited Saint Vincent, and Mauritius. All these firms are within the ICM group and use the popular ICM.com branding.
Being one of the regulated brokers, ICM Capital offers trading services to traders across the globe. But, the management team, along with the CEO, has capitalized on, particularly the Mid-Eastern market, and won many awards there. Essentially, the foreign exchange broker launched its firm in Qatar in 2021, with its new office in the Qatar Financial Centre.
According to this ICM Capital Review, the company offers one of the best MetaTrader 4 forex platforms. The platform also offers customized ICM Direct and Zero exchange platforms. This combination of downloadable Direct and Zero trading platforms for various devices like Windows and Mac enables both beginners and advanced traders to trade using any device of their choice. ICM Capital offers minimum trades of 0.001 Lot and this is variable based on the type of account one opens. The maximum requirement for trades also varies based on ICM Capital trading tools, investment products, and also on the trader.
Negative Balance Protection
ICM Capital trading platform offers negative balance protection to protect users from the risk of losing money than deposited. This enables traders to trade safely.
Superior Execution of Deep Liquidity
ICM Direct account holders get to enjoy ECN technology. It provides them with direct market access, besides deep liquidity from the leading liquidity providers and Tier 1 banks.
Flexible Leverage
ICM Capital offers variable leveraged products that are in tune with the regulations of ESMA for ICM Capital retail accounts. Major currency pairs are leveraged at 30:1, gold, major indices, and non-major exotic forex pairs are leveraged at 20:1, other commodities are leveraged at 10:1, and reference values and individual equities are leveraged at 5:1. Clients with PRO accounts enjoy a max. leverage of 200:1 on foreign exchange pairs.