Review 2023

/ 5 is #45 in our CFD broker rankings. is a top pick for experienced investors looking for diverse markets, including IPOs and bonds with competitive DMA pricing.

- DayTrading Review Team
78.60% of retail CFD accounts lose money. is a trustworthy online broker with a global presence. The broker offers 2,100+ CFDs in major markets, as well as futures, options and more. The broker offers best-in-class platforms and superior analysis tools for experienced traders. The broker is also regulated by top-tier authorities including the FCA and CySEC.


Demo Account

MetaTrader 4

Trade Signals
MT4, MT5, TradingView, TradingCentral
Forex, CFDs, Indices, Shares, Commodities, ETFs, Bonds, Cryptos, Warrants, IPOs, Futures, Mutual Funds, Fixed Income, Options
Wire Transfer, Credit Card, Neteller, PayPal, Skrill
and 7 more

Forex Trading

As well as a competitive selection of 55+ forex pairs, traders can access high leverage up to 1:300. You can also enjoy advanced analysis from Trading Central with easy integration into MetaTrader 4.

Stock Trading

Trade US, European and Asian markets with thousands of equities and competitive spreads. You can also take advantage of DMA pricing on the broker's MT5 platform, as well as IPOs.

CFD Trading

Access over 2,000 CFDs across diverse markets including indices, commodities and bonds. There is also premium daily analysis and strategy resources for savvy traders.

Crypto Trading

Over 10 of the most popular cryptos are available with leverage of 1:2. With just a $100 minimum deposit, traders can benefit from advanced crypto analysis tools.

Spread Betting

Start leveraged spread betting on 1,000 assets at Spread bets are available 24 hours a day with access to rising and falling markets, plus no stamp duty or capital gains taxes.

✓ Pros

  • Low starting deposit
  • Free demo account for new traders
  • DMA investing with low trading fees
  • Full range of investments including CFDs and spread betting
  • Advanced trading platform with a suite of analysis tools and order types
  • Support for the market-leading MetaTrader 4 platform and mobile apps

✗ Cons

  • No bonuses for EU residents
  • Copy trading withdrawn is a multi-asset online brokerage offering over 100,000 instruments on the MetaTrader 4, MetaTrader 5 and bespoke WebTrader platforms. The broker has a lot to offer from CFDs, IPOs, DMA (MT5 only) and ETFs. You can trade practically any asset including forex, commodities, cryptos, bonds, warrants and more. This review looks at the login process, available spreads, fees and payments. Find out if signing up with is right for you.

Company Details was founded in 2013 and has since grown its presence in the online financial markets, with recognition from Bloomberg, Market Insider and Yahoo Finance just to name a few. Today, the company has thousands of active investors globally, across 125 markets.

The broker offers an extensive portfolio of financial instruments vs other providers, and strives to offer something for everyone. The brokerage has established a three-stage process meaning that investors can join at any time, regardless of previous trading experience. This is achieved through several analysis tools and a secure platform with a broad range of assets. operates via several global entities, with multi-jurisdictional regulation, including from the CySEC (Cyprus), FCA (UK), FSCA (South Africa), and FSC (Mauritius). has also secured a license from the US Financial Industry Regulatory Authority (FINRA). As a result, the US subsidiary, Trade Capital Markets North America LLC, will start accepting clients from the United States in 2023. Additionally, the online brokerage has plans to expand into Italy and India.

Trading Platforms offers three trading platforms; a proprietary WebTrader, MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Our experts confirm all platforms have a simple login process and mobile apps.

The bespoke web-based terminal can be used directly through all major internet browsers including Chrome and Safari. The MetaTrader 4 and MetaTrader 5 terminals are available to download to Windows and Mac devices or can also be used as web-based profiles.

All platforms are suitable for beginners, though when we used the terminals, the bespoke WebTrader platform does feel more modern and sleek vs MT4 and MT5.


Exclusive for investors: WebTrader review

How To Place A Trade On WebTrader

When we used the WebTrader, it was evident that the platform had been designed for users of all experience levels. It was easy to explore, with a clear navigation bar and customizable tools. There was a useful ‘trending now’ screen, with assets of significant interest and price shifts detailed in this section.

It was quick and easy to create a new order:

  1. Login to your WebTrader profile
  2. Search for an asset using the nav bar along the top, or select from the ‘Trending Now’ screen, favorites or directly via the asset group
  3. Select ‘Buy’ or ‘Sell’. This will open the order screen
  4. Choose your order type; Market, Limit or Stop
  5. Enter your trade parameters including trade size, plus stop loss or take profit level
  6. Review the order including costs and charges
  7. Select ‘Place Order’ How To Place A Trade
Order Screen

MetaTrader 4

MetaTrader 5

How To Place A Trade On MT4 And MT5

  1. Find an asset of choice using the navigational search bar
  2. You can use either the one-click execution or the market watch functionality to monitor prices
  3. To open a position, complete the order form by selecting ‘buy’ or ‘sell’ and amend the volume of lots
  4. Add stop-loss or take-profit risk limits MT4 reviews
MetaTrader 4

Products & Assets offers an impressive breadth of trading products with over 100,000 assets available on the platforms. This includes 2100+ CFDs, 100,000 assets available via DMAs, IPOs, ETFs and more:



Note, DMA is only available on MT5.


Spreads & Fees

Spreads with vary depending on account type. The account tiering system generates tighter spreads based on higher balances. For example, the GBP/USD currency pair ranges from 1.9 pips on the Silver account to 0.8 pips on the Exclusive account. That said, to secure the tightest spreads, an account size of $100,000 is required, which is inaccessible for many beginners.

A varied commission fee applies for share trading, ranging from 0.2% + $10 on the Silver account to 0.08% on the Exclusive account. Crypto investments incur a flat commission fee of 0.5% for all account types.

When we used, we felt assured of the transparent pricing structure, with average spread details by instrument available on the broker’s website.

The brokerage also charges fees on positions held overnight and a 2% currency conversion charge for positions opened in a currency different to your account denomination.

A monthly inactivity fee of $25 applies for dormant accounts after 90 days. Leverage offers margin trading so you can increase your purchasing power over your initial balance. The maximum leverage available across all account types is 1:300, although this will vary by your country of residency.

EU day traders will be restricted by ESMA leverage capping regulations introduced in 2018. This means a maximum leverage of 1:30 can be accessed on forex pairs.

Note that whilst high leverage ratios can lead to greater returns, they can also result in significant losses.

Mobile App Review

Both the proprietary WebTrader and the MetaTrader platforms are available via mobile apps with The applications are available to download from both Apple and Android app stores.

The mobile solutions are fully-featured with multiple chart types, risk management alerts and various payment options. You can manage your account, open and close positions, check live global pricing and view charts while on the go. Customer support is also available through all mobile apps.

When using the WebTrader interface on mobile, we found the platform to be stable, with fast execution speeds and all the intuitive design elements of the desktop terminal. The MT4 and MT5 mobile apps are updated with all the latest tools found on the web terminals making them a great all-in-one solution. Mobile App ratings Mobile App

Deposits & Withdrawals supports several global payment methods. Minimum deposit requirements vary by account type, the lowest being $100 under the Silver profile, which is ideal for beginners.

It is good to see that when using the platform, the broker absorbs all deposit and withdrawal fees, though they reserve the right to introduce minimum withdrawal amounts.

There is limited information on processing times, though e-wallet payments and credit/debit cards often provide instant funding.

Accepted deposit and withdrawal methods include:

There is no minimum withdrawal except for bank transfers, where the requirement is $100. There are also no withdrawal fees, regardless of the payment method.

When using the WebTrader platform, navigate to three horizontal lines at the top right corner to make a payment. Select ‘deposit’ if you want to add funds or ‘withdraw’ to cash out. Demo Account

A demo account is available to day traders. Clients can access $10,000 in virtual funds to practice trading. The profile accurately replicates real-time trading conditions. A demo account is a great way to practice strategies risk-free and learn platform features and tools.

A simple online registration form is required, with users needing to enter just an email address and password creation.

Deals & Promotions

While using the platform, no bonuses or promotions were offered to EU residents. This is common for EU-based brokers given the ESMA’s restrictions on financial incentives introduced in 2018. Nonetheless, for individuals trading under the global entity, keep an eye on the broker’s website for deals and promos to attract new traders in the future.

Always check the terms and conditions of financial incentives before exploring as unrealistic minimum thresholds and requirements may be set.

Regulation & Licensing is a trading name of several global entities;

Your country of residency will influence which entity you will trade through. Regulatory oversight varies by subsidiary, meaning consumer protection and access to compensation schemes may differ. Nonetheless, all clients benefit from negative balance protection and segregated client funds in top-tier banks for complete peace of mind.

Additional Features

Our experts found no comprehensive education center much like you can find at some other popular brokers, though, does offer several additional features to enhance the trading experience. We were pleased with the wealth of resources and free tools, ideal for both beginners and novice traders.

The services can be used to refine strategies and validate market outlooks. Experienced investors can also use the powerful tools to get additional market insights and perform detailed technical analysis.

Extra tools include: economic calendar
Economic Calendar

Trading Accounts offers several account types. Packages are suitable for varying portfolio types and initial investments. Spreads and trading conditions become more competitive as you move up the account tiers including a more hands on approach from the broker, though, all profiles benefit from a daily morning review analysis and 24-hour customer service.





Elective Professional

Professional traders at can access higher leverage up to 1:300.

To qualify, traders must satisfy at least two of the following:

How To Create An Account

It is quick and easy to open a new account with with an average registration time of just two minutes.

To register, visit the ‘Open Account’ link on the top right of each web page. Complete the application form and select a password. Fund your profile with a minimum deposit of $100 and start trading immediately.

Trading Hours follow standard trading hours: 24 hours a day, 5 days a week, effective Monday to Friday. With that said, the platform and website’s trading tools are available outside of standard market hours. See the company website for a breakdown of trading hours by asset.

Customer Support offers the following support options to its customers:

Traders will need to provide personal details before being connected to a customer service representative when using the live chat service. Once connected, support staff are quick to respond to queries and knowledgeable about the products, platforms and account options. When we tested the instant chat service, we received a response within two minutes.

Security & Safety

Our experts are confident that is a safe and secure trading platform. As well as reputable regulatory oversight, the brokerage has implemented an investor compensation fund policy that should give traders confidence when deciding between brokers.

All data is transmitted using an SSL secure connection and company procedures are compliant with the PCI DSS security standard. The MetaQuotes platforms also use industry-standard security protocols. This includes two-factor authentication (2FA) and one-time passwords (OTPs) that can be added to all client accounts. Verdict is an established, multi-asset brokerage, which is an attractive prospect for aspiring day traders. The online broker offers an extensive selection of instruments, making it a one-stop solution for portfolio diversification. With that said, is not the most competitive provider when it comes to spreads and fees. Though, if you’re willing to pay a little more, you will get access to leading tools, a vast portfolio of products, and the peace of mind of using a highly regulated trading broker.

Note, trading conditions vary depending on the citizenship of the client. This is in line with different regulatory restrictions.

Accepted Countries accepts traders from Thailand, United Kingdom, South Africa, Singapore, India, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

Traders can not use from United States, Canada, Japan, Belgium, Australia, Hong Kong, France.

Payment Methods Details

Minimum Trade 0.01 Lots
Account Types
  • DMA
  • MAM
Islamic Account No
Mobile Apps iOS & Android
Margin Trading Yes
Volatility Index Yes
Spot Trading Yes
Perpetual Swaps No
AI / Machine Learning No
Robo Advisor No
P2P Trading No
Negative Balance Protection Yes
VPS Hosting Yes
Tournaments No
Demo Competitions No
Managed Accounts Yes
Market Maker No
Auto Trading Expert Advisors (EAs) on MetaTrader
Social Trading No
Trade Signals Yes (MT4 & MT5)
Inactivity Fee $25
Guaranteed Stop Loss No
Stock Exchanges
  • Australian Securities Exchange
  • CAC 40 Index France
  • DAX GER 40 Index
  • Euronext
  • FTSE UK Index
  • IBEX 35
  • Japan Exchange Group
  • Nasdaq
  • S&P 500
  • SIX Swiss Exchange
  • Cocoa
  • Coffee
  • Copper
  • Corn
  • Cotton
  • Gold
  • Natural Gas
  • Oil
  • Palladium
  • Platinum
  • Silver
  • Sugar
  • Wheat

CFD Trading Details

FTSE Spread 1.4
GBPUSD Spread 0.8
Oil Spread 2.0
Stocks Spread Variable
Leverage 1:30 (EU), 1:300 (Global)

Forex Trading Details

GBPUSD Spread 0.8
EURUSD Spread 0.8
EURGBP Spread 1.6
Assets 55+

Cryptocurrency Trading Details

Crypto Spread Raw spread + 0.5% commission
Crypto Lending No
Crypto Staking No
Crypto Mining No
Crypto Auto Market Maker No
Crypto Coins
  • BCH
  • BTC
  • DOT
  • DSH
  • EOS
  • ETH
  • LINK
  • LTC
  • XLM
  • XRP


Compare with similar brokers that accept traders from your location. Among available brokers these are the most similar to

  1. IG Group – IG is an award-winning broker that has an excellent reputation globally. The brand-US offers spread betting, CFD and forex trading across a comprehensive suite of markets. IG is also multi-regulated, provides a great trading app and has 50 years experience.
    Go to IG Group
  2. Just2Trade – Just2Trade is a reliable multi-regulated broker registered with FINRA, NFA and CySEC. The company has 155,000 clients from 130 countries and stands out for its huge suite of instruments and additional features, including a social network, robo advisors and a funded trader programme.
    Go to Just2Trade
  3. Kwakol Markets – Kwakol Markets is a Nigerian headquartered broker with strong regulatory oversight in Australia and Canada. A great selection of asset classes are available, including synthetic products that simulate realistic market activity. Clients can trade on the MT4, MT5 and cTrader platforms, as well as a copy trading solution whereby a fee is only paid on profitable trades.
    Go to Kwakol Markets Comparison Table

Compare With Similar Brokers IG Group Just2Trade Kwakol Markets
Rating 3.7 4.4 3.5 4.5
Markets Forex, CFDs, Indices, Shares, Commodities, ETFs, Bonds, Cryptos, Warrants, IPOs, Futures, Mutual Funds, Fixed Income, Options CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting Stocks, ADRs, ETFs, Futures, Options, Commodities, Bonds CFDs, Forex, Stocks, Indices, Commodities, Crypto
Demo Account Yes Yes Yes Yes
Minimum Deposit $100 $0 $100 $1
Minimum Trade 0.01 Lots 0.01 Lots 0.01 Lots 0.01 Lots
Bonus Up to $2,000 for professional accounts
Education No Yes No No
Platforms MT4, MT5, TradingView, TradingCentral MT4, AutoChartist, TradingCentral MT4, MT5, TradingCentral MT4, MT5, AutoChartist
Leverage 1:30 (EU), 1:300 (Global) 1:30 (Retail), 1:250 (Pro) 1:20 1:1000
Payment Methods 12 6 20 4
Visit Visit Visit Visit
IG Group
Kwakol Markets

Compare Trading Instruments

Compare the markets and instruments offered by and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

Compare Trading Instruments IG Group Just2Trade Kwakol Markets
CFD Yes Yes Yes Yes
Forex Yes Yes Yes Yes
Stocks Yes Yes Yes Yes
Commodities Yes Yes Yes Yes
Oil Yes Yes Yes Yes
Gold Yes Yes Yes Yes
Copper Yes Yes No Yes
Silver Yes Yes Yes Yes
Corn Yes No No No
Crypto Yes Yes Yes Yes
Futures Yes Yes Yes No
Options Yes Yes Yes No
ETFs Yes Yes Yes No
Bonds Yes Yes Yes No
Warrants Yes Yes No No
Spreadbetting Yes Yes No No
Volatility Index Yes Yes No No vs Other Brokers

Compare with any other broker by selecting the other broker below. vs

The most popular comparisons:

  1. Interactive Brokers vs


Is Regulated? is regulated across all global entities. This includes authorization by the UK Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), South Africa’s Financial Sector Conduct Authority (FSCA), and the Financial Services Commission of Mauritius. In addition, the broker has secured a license with the US Financial Industry Regulatory Authority (FINRA) with plans to accept traders from the United States. This is a good sign that the broker is trustworthy.

What Trading Platforms Does Offer? offers the award-winning MetaTrader 4 and MetaTrader 5 platforms along with a proprietary WebTrader solution. All trading terminals offer direct market access and a host of indicators, charts, and analysis features.

Is Available On Mobile?

Yes, both MT4, MT5 and WebTrader have mobile apps, available in the relevant app stores. All applications are free to download and require your login credentials to open.

Does Offer A Demo Account?

Yes, the broker offers a demo account to practice trading with $10,000 in virtual funds. Users can close the trial account and switch to real-money investing when they feel ready.

What Is The Minimum Deposit To Trade With

Traders can open an account from $100 with the Silver account. This is a reasonable minimum requirement and means the broker is accessible to beginners.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.60% 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.

Visit is a trustworthy online broker with a global presence. The broker offers 2,100+ CFDs in major markets, as well as futures, options and more. The broker offers best-in-class platforms and superior analysis tools for experienced traders. The broker is also regulated by top-tier authorities including the FCA and CySEC.
78.60% of retail CFD accounts lose money.