Alpari Review

Alpari Review

Alpari is a well-known brand for online trading and exists for many years. With more than years of experience in investing and financial trading, we will test this Forex Broker. In the next section you will get a professional overview of the conditions, trading platform, and service for Alpari clients. Is it really worth investing money in this company? – Find out in our trusted review.

Alpari is one of largest and most experienced forex brands in the world. The brand has over 2 million clients in the world, operates from 8 different countries and offers its services in over 10 languages. Alpari is regulated by FSC Mauritius. The company offers Gold, Silver, Bitcoin and currency pairs for trading on MetaTrader 4 and MetaTrader 5 platforms.  With its dynamic new broker Alpari International, you’re trading with a global broker that is second to none. 

Alpari Review
Andrey Dashin the owner of Alpari

Alpari International works day and night to sustain a trading environment that helps everyone access the markets – from first-timers to those who’ve turned trading into a career. The perfect example of this is in the kind of spreads it offers – which is the first thing every serious trader looks at. For the EURUSD pair, for example, Alpari International offers 0.9 on Standard accounts and an incredible 0.1 on ECN accounts. That’s super competitive against some of the biggest brokers out there.

Its broad range of services enable you to get the best guidance, advice and resources to potentially build a richer future. Alpari International provides a forex trading environment that is trustworthy, reliable and technologically advanced, while ensuring every client receives impeccable customer service.

Minimum Trade Size:0.01
Established:1998
Address:5th Floor, 355 NEX Tower, Rue du Savoir, Cybercity, Ebene 72201, VC0100, Mauritius
Contact:customersupport@alpari.org, +442 080 896 850
Regulators:FSC Mauritius #C113012295,  FC
Tradable Assets:Currencies, Commodities, Indices, Stocks
Trading Desk Type:ECN, STP
Maximum Leverage:1000:1
Cryptocurrencies:(5+) Bitcoin, Litecoin, Ethereum
CFD:(10+) Gold, Silver, Stock Indexes, Oil
Currencies:(45+)
Minimum to Open Live:$5
Deposit & Withdrawal Methods:Bank Wire, VISA, MasterCard, BitPay, FasaPay, Neteller, Skrill, UnionPay, WebMoney
Accepts US Clients:NO
Alpari Review

Facts about the Alpari Group: 

  • Founded in 1998 in Russia
  • International online broker which offers leveraged financial products (forex & CFDs)
  • Over 2 million clients
  • 8 global offices around the world
  • Start trading with only $/€/£ 5

Investor Protection & Regulations:

“Alpari International is a trading name of Exinity Ltd which is authorised and regulated by the Financial Services Commission (FSC) of the Republic of Mauritius. The company is also a member of the independent Financial Commission’s Compensation Fund.”

Alpari International is the business name of Exinity Ltd which is authorised and regulated by the Financial Services Commission (FSC) of the Republic of Mauritius, as confirmed on the FSC Register of Licensees below:

Alpari Review

According to the Exinity Ltd Client Agreement which can be found online on Alpari International’s website, the broker provides further protection to clients by:

  • Segregating client funds from their own funds.
  • Offering a negative balance protection policy.
  • Being a member of The Financial Commission and its Compensation Fund.
Alpari Review

Regulation of the broker: Is Alpari International regulated?

This brokerage company was indeed launched in 1998 and first based in Russia. The broker was growing very fast and settled in the United Kingdom and the US in 2006. Alpari is mainly regulated by the FCA (Financial Conduct Authority), which is the UK’s leading supervisory body. It has, moreover, already been sanctioned by the institution a few years ago for not having established an adequate system against money laundering. This sanction did not, however, put the broker out of the running.

Nowadays Alpari switched the regulation authorities to some offshore and well-known countries where are a lot of online brokers are based. Because of it, Alpari International can provide its clients with high leverage. For example, see the license of the Financial Commission below:

Alpari Review
Alpari international regulation by the Financial Commission

The company is regulated by the Financial Commission in category A which includes € 20,000 coverage for complaints. It is an independent authority which is regulating and testing brokers.

In addition, Alpari International is regulated by the FSC (Financial Services Commission) in Mauritius. It is an official forex dealer license that allows Alpari to offer financial products. See the picture below:

Alpari Review
Alpari regulation Investment Dealer License by the FSC

In conclusion, the regulation shows us that Alpari is a legal company that is allowed to offer financial products to traders. From our experience, fraud can be excluded by reviewing the history of the company and the regulations.

Account Opening:

“Alpari International offers four main types of trading accounts called Standard MT4, Micro MT4, ECN MT4/MT5 and ECN Pro MT4. The broker also offers an online Stock Trading account, as well as Islamic swap-free accounts and the use of a free demo trading account.”

Alpari International offers four main types of trading accounts that come with different features and benefits but suitable for both the beginner and advanced traders. Some of the features are listed below:

STANDARD MT4MICRO MT4ECN MT4/MT5ECN PRO MT4
Commission
Spreads
Leverage
Zero
From 1.2 pips
Floating 1:2000
Zero
From 1.7 pips
Fixed 1:400
$1.5/lot, per side
From 0.4 pips
Floating 1:1000
Zero
From 0.4 pips
Floating 1:300
Swap-freeYesYesMT4 Yes
MT5 Yes
MT4 Yes
MT5 No
MarketsMajors, Minors, Exotics, RUB – 61
Spot Metals – 5
Spot CFDs – 14
Majors, Minors – 25
Spot Metals – 2
MT5: Majors, Minors, Exotics, RUB – 57
Spot Metals – 2
Spot CFDs – 13
54 FX pairs
3 Metals
Account currencyUSD/EUR/GBPUSD/EUR/GBPUSD/EUR/GBPUSD/EUR/GBP
Minimum deposit$100$1$100$200
Alpari Review

Alpari International also allows deposits in Nigerian Naira (NGN) (For residence in Nigeria) with different deposit amounts and limitations per account. More details can be found on their website.

Opening an account with the broker is a simple process by clicking the ‘Register’ tab, located on the top right of their website. This then leads to a registration page which asks for name, country, email and password. Users are then redirected to the My Alpari Client Portal area to complete the registration which includes employment information, source of funds and more.

Alpari Review

From here, users can open and manage trading and investing accounts, access deposit and withdrawal options, education, promotions and Alpari CopyTrade. However, users will need to verify their profile first with proof of identity and proof of address documents.

Alpari International does not provide services to residents of the USA, Mauritius, Japan, Haiti, Suriname, the Democratic Republic of Korea, Russia, Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, Armenia, Moldova, Tajikistan, Uzbekistan, Turkmenistan, Ukraine, Georgia, New Zealand, Canada and Iran.

Deposit & Withdrawals options:

“Alpari International offers a wide variety of payment options across a wide range of currencies, such as Bank Wire Transfer, Debit/Credit Cards, Neteller, Skrill, vLoad, WebMoney, PerfectMoney, FasaPay, GlobePay, Bitcoin and many others.”

When depositing funds with Alpari International, there are various funding methods available which are commission-free. The methods are detailed on the broker’s website, as shown below:

Alpari Review

There are also local payment options for Pakistani Local Transfers, Mexican Local Transfer, Turkish Local Transfer, Indonesian Local Transfer and more.

While deposits are commission-free, there are commissions for some withdrawal methods. A full list can be found on the broker’s website or from the Client Portal Area. This area allows users to perform both deposit and withdrawals and it also lists the fees, such as the withdrawal section below shows:

Alpari Review

What’s the Alpari trading experience like?

1) Platforms and apps
Alpari is one of the few brokers that offer both of the MetaTrader platforms; MT4 and MT5. To see how the two platforms compare, you can read our comparison of MT4 vs MT5 here. Alpari also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you are on the move.

2) Executing Trades
With Alpari, the minimum and maximum trade requirements vary depending on the trader and the instrument. As Alpari offer ECN and STP execution, you can expect very tight spreads with more transparency over the price you’re paying to execute your trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments. You can see the latest margin requirements on their website.

Finally, we’ve listed some of the popular funding methods that Alpari offers its traders below.

Trading Features:Accounts offered:Funding methods:
Allows scalpingMini accountCredit cards
Allows hedgingStandard accountBank Transfer
Offers STPECN accountNeteller, Skrill, Crypto
Low min depositIslamic accountMany More:

3) Client support
Alpari support a wide range of languages including English, Russian, Chinese, Arabic, Indonesian, Hindi, and Spanish.

4) What you’ll need to open an account with Alpari
As Alpari is regulated by FSA (Saint Vincent and the Grenadines) , every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you’ll likely be asked for the following, so it’s good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You’ll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it’s best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore Alpari’s platform straight away, it’s important to note that you won’t be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

Alpari Review

Read Article AvaTrade Review

XM.COM Review

XM.COM Review

What Is XM.COM

XM Group (XM) is a group of regulated online brokers. Trading Point of Financial Instruments Ltd was established in 2009 and it is regulated by the Cyprus Securities and Exchange Commission (CySEC 120/10), Trading Point of Financial Instruments Pty Ltd was established in 2015 and it is regulated by the Australian Securities and Investments Commission (ASIC 443670) and XM Global Limited was established in 2017 and is regulated by the International Financial Services Commission (000261/106).

Our clients benefit from direct access to the financial markets in over 300 financial instruments. This broker has more than 1000 financial instruments which can be traded on the MT4/MT5 platforms and this includes Forex Trading, Stocks CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs and Energies CFDs with transparent real-time pricing, lowest spreads, and flexible leverage.

We value business efficiency – this is why we regard speed and fairness as crucial.

XM.COM Review

Broker Details ( XM.COM Review )

Minimum Trade Size:0.01
Established:2009
Address:12 Richard & Verengaria Street, Araouzos Castle Court, 3rd Floor, 3042 Limassol, Cyprus
Contact:support@xm.com, +357 25029933
Regulators: ASIC #443670,  IFSC #000261/158,
CySEC #120/10,  DFSA #F003484
Maximum Leverage: 888:1
Trading platforms:MT4, MT5
Web Trading:Yes
Mobile Trading:Yes
Currencies:(55+)
CFD:(940+) Gold, Silver, Stocks, Stock Indexes, Oil, Other Commodities
Minimum to Open Live:$5
Withdrawal Methods:Bank Wire, VISA, MasterCard, Neteller, Skrill

Facts about the FX Broker XM.com: 

  • Founded in 2009
  • More than 1.500.000 international customers
  • Worldwide offices (Cyprus, Australia, Belize)
  • Huge variety of assets
  • Support and service in international languages
  • More than 15+ award-winning Forex Broker
XM.COM Review

Regulation of XM and safety of customer funds

An official regulation or license radiates trustworthiness and security. Every trader should find out about opening an account with a broker. The regulation is intended to push frivolous and fraudsters out of the market. Licenses require certain criteria and regulations that guarantee a clean and secure trade.

Another good impression for us is that XM has several licenses. In more than 4 countries, the broker is regulated by an official financial regulator. In addition, the company is registered in many European countries with appropriate supervision and has EEA freedom to provide services.

Regulation of XM

  • Trading Point of Financial Instruments Pty Ltd is authorized and regulated by ASIC (AFSL no. 443760).
  • The full information can be found here: http://www.xm.com/regulation
  • Trading Point of Financial Instruments Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC 120/10)
  • Trading Point of Financial Instruments Pty Ltd is regulated by the Australian Securities and Investments Commission (ASIC 443670
  • XM Global Limited was established in 2017 and is regulated by the International Financial Services Commission (000261/106) 

In addition, customer funds are managed in different investment-grade banks. XM is only doing business with regulated payment providers. Also, the broker is a member of the Investor Compensation Fund. XM does not trade versus its clients, which is forbidden through the regulation, and for more safety, there is negative balance protection.

XM.COM Review
XM is a highly regulated broker

Why XM is a very safe online broker: 

  • Regulation of official finance regulator in the Cyprus (CySEC)Australia (ASIC), and Belize (IFSC)
  • Member of the Investor Compensation Fund (only for Trading Point of Financial Instruments Ltd.)
  • XM does not trade versus clients
  • The client’s funds are kept in segregated client bank accounts
  • Negative Balance Protection
XM.COM Review

Review of the XM trading conditions for traders

XM is very broad with over 1000+ tradable instruments. There should be no lack of choice here for a trader. As mentioned above, a variety of stocks, commodities, currencies (Forex), precious metals, and energies are offered for trading. Especially stock trading is a huge advantage with XM, assets from more than 14 different countries are available.

Available markets:

  • Currencies
  • Stock CFDs
  • Commodities CFDs
  • Indices CFDs
  • Precious Metals CFDs
  • Energies CFDs

In terms of trading platforms, XM relies on the world-famous platform MetaTrader 4 and 5. This is, in our opinion, one of the best software for private traders. We will give you a more detailed explanation in the section Trading Platforms.

XM.COM Review
Assets and markets of XM.com

The terms of trading in leveraged financial products are, in my experience and tests, very good and competitive. XM relies on several different account types, which give a trader excellent conditions, depending on the capital strength. Spreads can start at 0.0 pips on the most traded markets. In addition, the execution is very reliable and there are 100% no requotes.

As a trader, you can start trading for as little as $ 5 minimum deposit or use a free demo account. In addition, there are different account types for every type of capital (more on that later). All in all, the conditions make a very positive impression on us and XM can be one of the cheap and reliable brokers.

Conditions for traders:

  • Spreads starting at 0.0 Pips
  • Different account types
  • Maximum leverage is 1:30 for clients who registered under EU regulated entity
  • Maximum leverage is 1:500 for clients who registered under Belize or ASIC regulated entity
  • Minimum Deposit of 5$
  • Free and unlimited Demo Account
  • More than 1,000 different markets

Account Types:

XM offers the advantage of 3 different account types. It can be decided between the “Micro”, “Standard” and “XM zero account”. The account types are adjusted to the capital strength of the customer. For example, in a micro account, you can trade with very small position sizes (risk of a few cents). There is a separate cent contract size.

In the “Standard” and “XM zero account”, there are normal lot sizes. The difference between these two accounts lies in the fees and the possible currency of the account. For example, you can choose 7 different currencies for the standard account and only 2 for the “XM zero account”. Spreads are much lower in the “XM zero account” and start at 0.0 pip. But you have to pay a commission of $ 3.5 per $ 100,000 traded. Overall, the “XM zero account” is still much cheaper than the standard account.

XM.COM Review
MicroStandardXM Zero
Base Currency OptionsUSD, EUR, GBP, JPY,CHF, AUD, HUF, PLN, RUB, SGD, ZARUSD, EUR, GBP, JPY,CHF, AUD, HUF, PLN, RUB, SGD, ZARUSD, EUR, GBP, JPY,CHF, AUD, HUF, PLN, RUB, SGD, ZAR
Contract size (lot)1,000100,000100,000
Minimum Initial DepositUSD 5USD 5USD 100
Maximum Initial depositUSD 100,000USD 100,000USD 100,000
LeverageFlexibleFlexibleFlexible
Spread on all majorsAs low as 1 pipAs low as 1 pipAs low as 0 pip
CommissionNoNoYes
Lots restriction per ticket100 lots50 lots50 lots
Hedging allowedYesYesYes
Islamic AccountOptionalOptionalOptional

Figures should be considered as a guideline – Tailor made solutions can be arranged to accommodate for each client’s needs. If the deposit currency is not USD, the indicated amount should be converted to the deposit currency.

XM broker offers its customers fractional pip pricing. This means that instead of quoting prices with four(4) digits, XM allows you to benefit from the smallest price movements by adding a fifth digit (fraction). Fractional pip pricing allows for tighter spreads and the most accurate quoting possible. This pricing is the result of our efforts to get the best prices from our multiple liquidity providers.

XM support and service for traders tested

With XM you get more than one trading account because the customer service is provided by many employees of the company. Over 30 different languages are available in customer support. International employees also work for the company and help you around the clock. Use telephone, email, or chat support.

For example, you can also access professional training and webinars. The webinars are held almost daily and are accessible to every customer. There are also daily market analyzes and even signals to trade. Another plus is the personal account manager from XM. Each customer is assigned an employee who is available for questions and suggestions. It tries to find the best deal for you personally as a trader.

In summary, we can say from my experience that the analyzes offered, etc. are very well applicable for their own trade. Beginners and advanced traders can expand and improve their knowledge for free. In addition, the service makes a good impression on me.

Facts about the service: 

  • Personal account manager
  • 24/5 support in different languages
  • Daily webinars and analysis
  • Service for beginners and advanced traders
XM.COM Review

Review of the withdrawal at XM

Another important point of a good broker is a quick and easy payment of client funds. It is not uncommon for a broker to experience difficulty in paying large sums and delays.

This is not the case with XM. The company is always liquid and makes payments in less than a day. The fees are to look for in vain. The only fee that can be incurred if you pay less than $ 200 by bank transfer. From our experience with XM, you are with a very secure broker who treats client funds with the highest confidence.

The conditions for payments:

  • Credit Card (VISA, VISA Electron, MasterCard, Maestro)
  • Electronic Wallets (Neteller, Skrill, and more)
  • Bankwire
  • Minimum deposit 5$
  • Withdrawal within 24 hours
  • No withdrawal fees (except bank wire under $ 200)

Read About IC Market Review

ForexTime Review

What is FXTM? (Forextime review)

The FXTM or Forex Time company launched in 2011 with its headquarters in Cyprus (Limassol) also authorized by Financial Conduct Authority and other regulators, been named as one of the world’s fastest growing and best forex brokers. As in a relatively short time the firm showed great and rapid growth within Europe and beyond through its focus on Africa and Asia regions.

The broker establishes its core on reliable trading conditions and detailed education and brings trading across the world with its accessible trading around the globeregardless of the trader’s knowledge. However, the chain of FXTM offices also established around Europe, located in the UK and maintaining entity in South Africa.

FXTM Licenses

  • ForexTime Limited – authorized by CySEC (Cyprus) registration no. 185/12 
  • ForexTime Limited – authorized FSCA (South Africa) registration no. 46614
  • ForexTime UK Limited – authorized by FCA (UK) registration no. 777911
  • Exinity Limited – authorized by FSC (Mauritius) registration no. C113012295
Minimum Trade Size:0.01
Established:2011
Address:Exinity Limited, 5th Floor, 355 NEX Tower, Rue du Savoir, Cybercity, Ebene 72201, Ebene 72201, Mauritius
Contact:support@fxtm.com, +44 20 3734 1025
Regulators:CySEC # 185/12,  FSC Mauritius #C113012295,  FSCA #FSP No.46614,  FCA #777911 / 600475
Maximum Leverage:2000:1
Mobile Trading:Yes
Trading platforms:MT4, MT5, WebTrader
Web Trading:Yes
Currencies:(55+)
Cryptocurrencies:(4) Bitcoin, Litecoin, Ethereum
CFD:(190+) Gold, Silver, Stocks, Stock Indexes, Oil, Other Commodities
Minimum to Open Live:$50
Deposit Methods:Bank Wire, VISA, MasterCard, Alfa-Click, Bitcoin, CASHU, Dash, DixiPay, DusuPay, Ether/Ethereum, FasaPay, Globe Pay, Konnexone, Litecoin, Local Bank Transfers, Maestro, Neteller, Ngan Luong, PerfectMoney, Qiwi, Skrill, VLoad, Yandex Money

Forextime review
People behind FXTM

Facts about FXTM:

  • Founded in 2011
  • Founder: Andrey Dashin
  • Global broker
  • Forex and CFD broker
  • Available in more than 150 countries

Is FXTM regulated? – Regulation and safety for customers

Before trading with any broker, make sure that the broker is regulated. Regulation is a license gained by the broker that passed certain criteria in order to operate legitimately in the trading industry. Without this regulation, the broker is not authorized and is not legit. It is important for us as traders to protect our money and investments. This regulation will serve as your protection from scammers circulating online.

FXTM is regulated by top-tier regulators. It is regulated by the Financial Conduct Authority (FCA) in the UK with license number 777911,  Cyprus Securities and Exchange Commission (CySEC) in EU with CIF license number 185/12, and Financial Sector Conduct Authority (FSCA) in other countries.

FXTM legal entityInvestor Protection FXTM License Number
ForexTime UK LimitedRegulated by FCA (UK) registration no600475
ForexTime LimitedAuthorized FSCA (South Africa) registration no. 46614
Authorized by Authorized by Cyprus Securities and Exchange Commission registration no185/12
Exinity LimitedAuthorized by FSC (Mauritius) registration no. C113012295

Awards

From the fast client approval to the general trading process, comprehensive learnings and available features, FXTM proves its high ranking among the traders’ community with more than 90% of positive feedbacks.

The numbers are actually confirmed by the large community of traders with about 750,000+ active accounts that growing, numerous attractive opportunities and gained vast awards for excellence in trading.

FXTM also proudly takes an active social role while supporting and sponsoring various world Sports alike Sahara Force India Formula 1 team and regularly reveals in the media.

Forextime review

How are you protected?

Since FXTM license means its compliance with all the strict regulatory requirements, trader’s investment considered to be safe, as the broker completely segregates funds from the operational funds of the FXTM while kept in leading and reputable EU banks.

In addition, FXTM is a member of the Investor Compensation Fund that compensates in case of the company insolvency, as well as protected by the negative balance protection and other requirements that are audited on a regular basis by the authority.

Forextime review

Accounts

Despite the majority, the FXTM trading accounts are truly ensuring each client convenience by separate accounts for Forex trading and Invest Accounts. Then there is a further split to your preference of the trading transactions, instrument and the trading size, which all in all offers you 3 Account types: Micro, Advantage and Advantage Plus.

However, always make sure to verify under which entity you will trade as FXTM offering may be slightly different for Forextime Limited, ForexTime UK or Exinity Limited. In this FXTM review, we will cover Forextime offering in detail so you would understand conditions better.

Forextime review

What are the account types?

So now let’s get a closer look at FXTM Accounts which are divided into three options – Micro, Advantage and Advantage Plus

Micro Account – most accessible account offered by FXTM with low minimum deposit & instant execution, zero commission and spreads from 1.5 pips.

Advantage Account – cheapest account type offered by FXTM with average commission of $0.40 – $2 based on volume and spreads from 0.0.

Advantage Plus Account – partner account with zero commission (spread only), and spreads from 1.5 pips.

Forextime review

How do I open an FXTM account?

FXTM accepts clients from almost every world country, however there are might be some restrictions due to regulations alike implemented for residents of Japan, USA, etc.

So step by step process of opening requires you to follow the FXTM sign-in link where you will be guided through a quite simple process of opening step by step.

Opening an account step by step:

  1. Access FXTM Sign In page
  2. Enter your personal data First and Last Name, Country of residence, email, phone, etc.
  3. Answer online questioner about your trading knowledge and expectations
  4. Select the account type
  5. Verify your account by upload of your identity confirmation. These may include a residential proof, copy of your ID, bank statement etc.
  6. Once an account is activated and proved you may follow with the money deposit
Forextime review

How long does it take to withdraw from FXTM?

From the moment you submit and confirm the request to withdraw money from your account the accounting department of FXTM typically processed and confirm withdrawal within 2 business days.

Yet, you should always consult with customer service and confirm data, as various jurisdictions may apply slightly different rules. Also, give it some days for the payment provider to process the transaction that also depending on particular international or provider rules.

Withdrawal fee:

FXTM withdrawal fee applied to some of the payment methods, while others may be provided with 0% commission.

Since the variety of payment methods truly widely presented, the withdrawal fee varies from one option to another. As an example, Credit Cards withdrawal features 3$ fee, while Bank Transfer will cost 30$, and WebMoney will charge 2% above the requested amount. However, these withdrawal fees still considered to be on a low level comparing to other industry offerings.

Forextime review

Read Avatrade Review

AvaTrade Review

Avatrade Review

AvaTrade is a global CFD and forex broker founded in 2006. It is regulated by several financial authorities, such as the Central Bank of Ireland.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

AvaTrade Licenses

  • AvaTrade EU Ltd – authorized by Central Bank of Ireland registration no. C53877
  • Ava Capital Markets Australia Pty Ltd – authorized by ASIC (Australia) registration no.  406684; regulated by the South African Financial Sector Conduct Authority FSCA No.45984
  • AvaTrade Japan K.K. – authorized by FSA (Japan) registration no. 1662 and the FFAJ no. 1574
  • Ava Trade Middle East Ltd – authorized by FRSA (Abu Dhabi Global Markets (ADGM)) registration No.190018
  • AVATrade Ltd – authorized by B.V.I Financial Services Commission
Avatrade Review

What is AvaTrade?

AvaTrade is one of the leading, globally presented broker with over than 200,000 trusting clients worldwide. A regulated on 5 continents forex broker that providing customers with sophisticated trading solutions, regardless of user knowledge or experience, by bringing the possibility to enter the market trade through numerous, adaptable platforms, tools and options.

Avatrade also is a multi-national company, which headquarters in DublinIreland but operating regional offices. These including entities in Paris, Dublin, Milan, Madrid, Tokyo, Beijing and Sydney, as well in South Africa, Chile, Mongolia, Nigeria and newly established UAE brokerage.

Facts about AvaTrade:

  • Founded in 2006
  • Sponsor of Manchester City
  • International branches and regulators
  • Customer support in different languages
  • Multiple awards since 2008
Avatrade Review
Minimum Trade Size:0.01
Established:2006
Address:Five Lamps Place, 77-80 Amiens Street, Dublin 1, DO1A742, Dublin, Ireland
Contact:cs@avatrade.com, +353 766803327
Regulators:ASIC #406684,  CBI #C53877,  FFAJ #1574,  FSA #1662,  FSCA #45984,  AD-FSRA #190018,  BVI FSC
Web Trading:Yes
Mobile Trading:Yes
Trading platforms:MT4, MT5, WebTrader, AvaOptions, AvaTradeGO, DupliTrade, Trading Central
Currencies:(55+)
Cryptocurrencies:(10+) Bitcoin, Litecoin, Ethereum
CFD:(500+) Gold, Silver, Stocks, Stock Indexes, Bonds, Oil, Other Commodities
Minimum to Open Live:$100
Deposit Methods:Bank Wire, VISA, MasterCard, Boleto, DinPay, FasaPay, gCard, Neteller, PaySec, SafeCharge, Skrill, VoguePay, WebMoney
Maximum Leverage:30:1

What Type of Broker is AvaTrade?

AvaTrade is a broker that offers range from Forex pairs, CFD trading to Cryptocurrencies available to trade with no restrictions on short selling or scalping. Generally, AvaTrade is an STP and OTC broker that also uses high-technology for order executions, means quotes received from interbank and connected to the market itself.

Is AvaTrade regulated? – Different regulation authorities:

Good online investments require regulation and safety for customers. Nowadays on the internet, you will find scam companies that are unregulated. Before you invest your money you should look after the official regulation of the broker. Most online brokers show their licenses directly on the main homepage. In the case of a regulated forex broker, fraud cannot happen. Otherwise, the company would lose the license.

AvaTrade is an international company and is more than 6 times regulated. The company got global offices and branches. AvaTrade seems to us like a very serious online broker, because of the regulation and the sponsorship of Manchester City. Your money and account should be safe.

Avatrade Review
International regulation of AvaTrade

The company is regulated by:

Avatrade Review

Is there negative balance protection?

No matter which regulator you will choose, your account is protected by negative balance protection. Forex and CFD are trading with leveraged financial products. The broker will automatically stop you out by a margin limit. Your account balance will not become negative. 

Safety of customer funds

AvaTrade works with segregated customer funds. That means the broker uses multiple banks and does not use the client’s money for hedging or investing. Deposits and withdrawals are guaranteed very fast. If you choose the European regulator “Central Bank of Ireland” you will get an ICCL Investor Compensation Company Ltd. with a more than 20,000€ money guarantee.

AVATRADE GUARANTEE SAFE CUSTOMER FUND AND NEGATIVE BALANCE PROTECTION

REVIEW OF THE AVATRADE TRADING CONDITIONS

A total of more than 1,250+ different assets and markets are offered for trading. The online also offers various account models. Choose between a fixed spread account or a variable spread account. Live account opening is possible from as little as $ 100 and you can also create a free demo account. This will expire after 21 days but you can open a new one after.

My tip is to choose a variable spread account because that’s the way you come from my experience in most cases cheaper way. Spreads can only fluctuate to strong news or high volatility. In these scenarios, we advise only advanced traders to trade anyway.

Trade forex, stocks, commodities, cryptocurrencies, and other CFDs from a spread of 0.8 and high leverage up to 1:400. AvaTrade’s trading conditions are very competitive with other providers. Position sizes start from 0.01 lot in Meta-trader 4/5. Also, other trading platforms are available than Meta-trader 4/5 like the AvaTrade Option platform (AvaOptions), mobile app, and social trading platform.

The conditions of AvaTrade:

  • More than 1.250 different markets
  • Trade forex, stocks, commodities, cryptocurrencies, and options
  • A minimum deposit of $ 100
  • Free demo account for practice
  • Maximum leverage of 1:400
  • Competitive spreads (variable and fixed)
  • Platforms: MetaTrader 4/5, AvaOptions, Mobile App, AvaSocial, WebTrader

Review of the withdrawal with AvaTrade

As a regulated online broker, withdrawals with AvaTrade are made very quickly. The withdrawal takes a maximum of 3 days. There are no hidden fees. Sometimes there is a fee depending on your payment method. You will see it clearly in your account dashboard. AvaTrade charges no fees for the withdrawal. Also, the broker uses well-known banks for transactions.

Avatrade Review

Also Read Forextime Broker Review

IC Market Review

IC Market Review

IC Markets is an Australia-based global forex broker that was founded in 2007. The company has several branches and is regulated by the Cyprus Securities and Exchange Commission (CySEC), the Seychelles Financial Supervisory Authority (FSA) and the Australian Securities and Investments Commission (ASIC)

IC Markets is considered safe because it is regulated by the top-tier ASIC.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

IC MARKETS BROKER DETAILS

Minimum Trade Size:0.01
Established:2007
Address:Level 4, 50 Carrington Street, Sydney, NSW 2000, NSW 2000, Australia
Contact:info@icmarkets.com, +61 (0)2 8014 4280
Regulators: ASIC #AFSL No. 335692, CySEC, FSA-S 
Maximum Leverage:500:1
Trading platforms:MT4, MT5, cTrader
Currencies:(60+)
CFD:(1600+) Gold, Silver, Other Precious Metals, Stocks, Stock Indexes, Bonds, Oil, Other Commodities
Minimum to Open Live:$200
Web Trading:Yes
Withdrawal Methods:Bank Wire, VISA, MasterCard, Local Bank Transfers, Neteller, PayPal, Skrill
Cryptocurrencies:(10+) Bitcoin, Litecoin, Ethereum
Deposit Methods:Bank Wire, VISA, MasterCard, Local Bank Transfers, Neteller, PayPal, Skrill

What type of broker is IC Markets?

IC Markets is an ECN trading environment provider that brings true spreads from 0.0 pips from the liquidity suppliers from over 50 different banks and dark pool liquidity sources across 60 forex pairs. IC Markets is a choice for high volume traders, scalpers, EA traders and robots that can enjoy no dealing desk with no manipulation at the prices.

The execution brings speeds and low latency through fiber optic connects traders orders to the market by servers in the NY4 & LD5 IBX Equinix Data Center New York and London.

Is IC Markets legal?

In the case of IC Markets, the broker is incorporated in Australia it does its service regarded by the Australian Securities and Investments Commission (ASIC) license (read more why trade with ASIC Brokers). In addition, IC Markets runs a regulated entity in Cyprus, therefore officially and legally operating trading service for European clients.

With a license and regulation from ASIC, which one of the strictest and most demanding financial regulators, IC Market traders can feel completely confident. The money protection provided through multiple regulated ways and includes the client money segregation while accounts accessed by the client only and used for the purpose of facilitating their own trading.

IC Market Review

Facts about the company:

  • Australian Forex ECN Broker founded in 2007
  • Direct market access through large liquidity providers (Goldman Sachs, HSBC and more)
  • One of the first real ECN brokers
  • The best conditions and cheap trading fees
  • Specialized for Forex Trading
  • Fast order execution and no re-quotes
Ic market broker

Is IC Markets regulated? – Regulation and safety for Traders

Regulation by an official authority is very important for online trading. A license gives the broker a trustworthy relationship with the customer. To obtain such a license, IC Markets must comply with certain rules and requirements. Violating these requirements would mean an immediate loss of the license. Therefore fraud on the customer can be excluded here.

IC Markets is regulated by the ASIC (Australia), FSA (Seychelles), and CySEC (Cyprus). It is an independent institution of the state government agency. Customer money transactions are conducted by National Australia Bank (NAB) and Westpac Banking Corporation (Westpac). These are both top international banks that have high liquidity. In addition, IC Markets uses external and independent auditors who control the broker.

Ic market broker
IC Markets is regulated by the ASIC and more regulators

The broker makes a very serious impression on us and we can assume that this is not a scam:

See some partners of the broker: 

Ic market broker
IC Market Review

Accounts:

As for the IC Markets account proposal, there are options either based on ECN connectivity with raw spread and commission as a trading fee, or Standard conditions with all fees in the spread.

Account types:

There are three main account types that are featuring the same compatibility and power provided by the company, yet are designed to meet the expectations and needs of different trading styles. Two first account offering raw spread condition and commission charge per trade also offering either MT4 platform of cTrader for your selection.

The accounts are available in multiple currencies, up to 10, are fully segregated from the company’s funds and supported by multi-lingual customer team. Additionally, traders that follow Sharia rules can sign for Swap free or Islamic account as an option at IC Markets too, along with risk-free demo account on both MT4 and cTrader that allows the practice of the trading strategy.

IC Market Review

IC Markets main features and highlights

🗺️ Country of regulationCyprus, Australia, Seychelles
💰 Trading fees classLow
💰 Inactivity fee chargedNo
💰 Withdrawal fee amount$0.0
💰 Minimum deposit$200
🕖 Time to open an account1 day
💳 Deposit with bank cardAvailable
👛 Depositing with electronic walletAvailable
💱 Number of base currencies supported10
🎮 Demo account providedYes
🛍️ Products offeredForex, CFD, Crypto
Ic market broker

Also Read ForexTime Review

Setting a Realistic Goal As a Trader

Setting precise trading goals can help to enhance one’s profit potential when trading the financial markets.

It’s crucial to set goals in our personal and business lives, and the financial markets are no different. Goals offer direction, something to aim for when trading the markets and give a sense of achievement each time a target is hit. Read More