The risk of HankoTrade when investing has been rising recently. Issues of being unable to withdraw funds, price manipulation, and accounts suddenly closing
Founded in 2016, YaMarkets is a forex broker based in Saint Vincent and the Grenadines, offering trading services, including Forex, Commodities, Indices, Cryptocurrencies. The broker also provides access to both the popular MetaTrader 4 and MetaTrader 5 trading platforms, giving traders a choice of trading interfaces and a range of advanced trading tools and features. These platforms are highly customizable and can be used on desktop or mobile devices, providing flexibility and convenience to traders on the go. YaMarkets offers high leverage of up to 1:1000, allowing traders to potentially amplify their gains. The broker also has a low minimum deposit requirement of $10, making it accessible to traders with various budget sizes. Another notable feature of YaMarkets is its 24/7 customer support, which is available via email and phone, with live chat support not currently offered.
The risk of HankoTrade when investing has been rising recently. Issues of unable to withdraw funds, price manipulation, and accounts suddenly closed.
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AISA, founded in 2018 and headquartered in Australia, operates in the financial markets, providing trading services in various instruments. However, the regulatory status of AISA appears abnormal, marked as "Unsubscribed" by the Australian Securities and Investments Commission (ASIC), raising concerns about adherence to standard regulatory practices and emphasizing potential risks for traders. This overview delves into AISA's trading offerings, regulatory considerations, and essential features, offering insights for those contemplating engagement with the platform.
CAPFX, a company operating in the United Kingdom, raises significant concerns for potential traders. It lacks the necessary regulatory approval, which is a critical red flag, as regulation is essential for ensuring the credibility and legitimacy of a financial services provider. The absence of regulatory oversight can expose traders to risks, including fraud and a lack of recourse in case of disputes or losses. The broker's minimum deposit requirement is not specified, which can be a drawback for traders looking for transparency in account funding. Additionally, while CAPFX offers a maximum leverage of up to 1:100, it's crucial to note that high leverage can amplify potential losses, and traders should use it cautiously. CAPFX provides variable spreads for forex and other assets, which can fluctuate based on market conditions. However, the broker's limited and potentially unprofessional customer support contact options, along with reports of website downtime, suggest challenges in ac
GFPC FOREX, headquartered in New Zealand and founded in 2017, operates in a regulatory gray area, lacking valid regulation with its New Zealand FSPR license revoked. This raises significant concerns about its legitimacy and trustworthiness. The broker's minimum deposit of $500 for the Basic Account may seem accessible, but traders should proceed with caution given the clear indications of regulatory issues and potential scams. The maximum leverage of up to 1:500, while offering potential for high returns, also comes with elevated risk levels that could lead to substantial losses. The spread options vary, but even the "ultra-low" spreads in the VIP Account may not compensate for the regulatory uncertainties. Traders are left with limited contact options, including just a single phone line for Chinese (Simplified) customers and an unimpressive email address (email@example.com) for customer support. Moreover, the absence of educational resources further disadvantages traders, hindering
Stellar Finance, a trading platform based in the United States, raises several concerning points for potential users. It has been flagged for potential non-compliance with U.S. NFA regulations, which casts doubt on its legitimacy and regulatory standing. Key information such as the minimum deposit, spreads, and specific account types are not provided, leaving traders in the dark about essential details. While the platform claims to offer high leverage options, such assertions should be approached with caution, as extremely high leverage can expose traders to significant risks, including substantial losses. Customer support options are limited to an online form, lacking direct and immediate assistance channels like live chat or phone support, potentially leaving traders feeling unsupported in urgent situations. Stellar Finance also falls short in terms of educational resources, offering no materials or tools to assist traders in improving their skills and knowledge. Additionally
AMBERLIGHT FINANCE, a trading platform based in the United States, presents a concerning picture. There are significant issues surrounding regulatory compliance, with potential non-compliance with NFA regulations, raising doubts about the platform's legitimacy. Critical information such as the minimum deposit, maximum leverage, and account types remains undisclosed, contributing to a lack of transparency that may leave users uncertain about the platform's offerings. The absence of comprehensive educational resources and unresponsive customer support further diminishes its appeal. Given these concerns and the need for further research regarding its regulatory status, caution is advised when considering engagement with AMBERLIGHT FINANCE.
ISEC Wealth Management Ltd. is a financial company headquartered at 254 Arch. Leontiou А, Maximos Court, Block B, 6th floor, 3020-Limassol, Cyprus, with a tied agent in Budapest, Hungary. However, it operates outside the scope of its CySEC (Cyprus Securities and Exchange Commission) license (license number: 356/18), which has raised regulatory concerns. Notably, the company lacks trading software, a feature commonly provided by legitimate and regulated brokers. ISEC offers a range of services, including actively managed investments, separate account ownership, prepaid payment cards, high liquidity portfolios, and personalized services. The company requires a minimum initial investment of $1,000 USD or EUR for individual clients and $10,000 USD or EUR for corporate clients. Funding methods are limited to bank wire transfers. Regarding fees, ISEC charges no account opening or exit fees. Instead, it operates on a success fee model, with fees being levied only when returns are generated
PNX FINANCE is a trading company registered in the United States that operates outside the scope of NFA regulation, raising regulatory concerns. While the company offers a MetaTrader 5 (MT5) trading platform and provides access to a range of tradable assets, including cryptocurrencies, forex currency pairs, gold, and indices, several crucial details such as minimum deposit requirements, maximum leverage, spreads, account types, and educational tools remain unspecified. Customer support is available through email, social media, and a contact form, while payment methods encompass Visa, Mastercard, cryptocurrency, and wire transfers. The company's website, www.pnxfinance.com, is accessible. However, its reputation, particularly regarding potential scams, is not clearly defined, underscoring the importance of conducting thorough due diligence before engaging with this broker.
DT Market, based in the United Kingdom, operates as a forex and cryptocurrency trading platform. However, it is not regulated and appears to be a clone firm, raising significant concerns about its legitimacy. The platform offers high leverage of 1:500 but comes with wide spreads and potential hidden commissions, potentially eroding profits. Traders have access to MetaTrader 4 (MT4) for trading, but educational resources are lacking. The company's website has reported outages and downtime, and customer support is limited to email. Considering the suspicions surrounding its legitimacy, traders are advised to exercise extreme caution when dealing with DT Market.
Spectrum Live, based in Australia, raises significant concerns in various aspects. The company's regulatory status is questionable, and it lacks transparency in key areas. While the minimum deposit is set at $100, critical information such as maximum leverage and spreads remains undisclosed. The trading platform, account types, and Islamic account availability are unspecified, and there have been reported issues with the demo account creation process. Customer support is limited, with only an email address and phone number provided, lacking live chat or phone support options. Detailed payment methods are not available, hindering efficient account management. The absence of educational resources suggests a lack of commitment to trader education and development. Additionally, there are potential issues with the website's availability. Regulatory concerns and redirection to a different broker cast doubt on Spectrum Live's reputation and credibility, urging caution and further investigat
Freedom Securities Trading Inc. operates out of Belize and was founded in 2014. However, potential clients should exercise caution as the company lacks regulation, notably a broker's license. This raises significant regulatory concerns, as operating without the necessary licenses can result in potential legal consequences. Crucial details like the minimum deposit requirement and maximum leverage are notably absent from their provided information. Additionally, while they offer a detailed fee structure, specific spreads are not mentioned, leaving potential clients in the dark about trading costs. The company provides a range of trading platforms, including NetInvestor, F-Trader, and Quik, but it falls short in providing information about available account types, demo accounts, Islamic accounts, and payment methods. Clients looking for educational resources to improve their trading knowledge will be disappointed, as Freedom Securities Trading Inc. does not offer any educational
Belagroprombank, established in 2000 and headquartered in Belarus, operates without specific regulations. While offering a diverse range of services, including retail banking, SME support, corporate services, and financial institution collaboration, the bank lacks regulatory oversight. As an unregulated entity, potential clients should exercise caution due to associated risks. The bank's educational program, "Своими руками," supports small businesses, providing an all-inclusive package, special rates, a grace period, and comprehensive financial, legal, and consulting assistance. For customer support, the bank offers various contact options, including phone lines, fax, telex, and live chat.
Broadridge, founded in 2020 and headquartered in the United States, is a financial services company offering a diverse range of solutions. While the company provides comprehensive financial services, including asset management, capital markets support, corporate governance, and wealth management, it operates without specific regulatory oversight. This lack of regulation raises concerns about the safety of funds and transparency. Broadridge emphasizes collaborative consulting services through its Partner Program and places a strong focus on customer support, with dedicated contact numbers for North America, EMEA, and APAC regions. The company is committed to knowledge enrichment, offering extensive educational resources organized by topics, including webinars and insights, contributing to a more informed financial community.
JAS, established in 2018 and headquartered in Hungary, is a trading platform offering a diverse array of tradable assets, including forex, stocks, indices, commodities, and cryptocurrencies. Despite operating without regulatory oversight, JAS provides a range of account types, from beginner-friendly Micro Accounts to exclusive VIP Accounts, accommodating various trader preferences. The platform boasts a flexible leverage structure, enabling users to tailor their risk exposure. JAS maintains a transparent fee structure, incorporating spreads and commissions, and supports multiple deposit and withdrawal methods. With a commitment to trader education, JAS provides an extensive suite of resources, including webinars, courses, articles, videos, and a demo account. While the absence of regulatory backing raises concerns, JAS aims to cater to a global clientele with diverse cultural practices, evident in the availability of an Islamic account. Traders can access the platform through popular o
Momentum, established in 2021 and headquartered in Saint Vincent and the Grenadines, is an online trading platform offering a range of financial instruments, including Forex, metals, cryptocurrencies, and CFDs. Despite its diverse offerings, it is noteworthy that Momentum operates without regulatory oversight. Traders should exercise caution due to the lack of regulation, which may pose risks related to fund security and dispute resolution. The platform utilizes the MetaTrader 5 trading platform, known for its versatility and robust features. This overview delves into Momentum's account types, trading instruments, educational resources, customer support, and bonus offerings, providing a comprehensive insight into its services.
Thinkstoreforex, founded in 2010 in Hong Kong, operates without regulation, presenting concerns about oversight. Despite this, it offers a variety of tradable assets through account types like Standard, ECN, VIP, Islamic, and Demo. Leverage options vary, with Standard and ECN accounts typically offering ratios from 1:50 to 1:500. The broker employs floating spreads and charges commissions on forex trades. Thinkstoreforex supports diverse deposit and withdrawal methods with varying minimum amounts. It provides a robust trading experience through MetaTrader 4 (MT4) and MetaTrader 5 (MT5), with mobile compatibility. Customer support is available via a hotline and email, and the platform offers educational resources, including articles, tutorials, guides, webinars, and videos. However, the lack of regulatory oversight poses risks, requiring careful consideration before engaging with Thinkstoreforex.