Overview is one of the most popular Forex brokers in the entire world, and one of the most praised ones. The broker was founded in 2008 and it has grown a lot over the years.

Its impressive instrument range is what attracts users, as well as the great platforms. Besides, it is also a great pick for any individual looking to learn more about Forex, before they get more serious and start trading.

So far, sounds like the real deal. But you shouldn’t be quick to create an account, not before you have all the facts about this platform.

The benefits are easy to notice, but you must also be aware of the cons, so you don’t have unpleasant surprises later on. The following paragraphs will review to help you make a decision and see whether this is what you should pick or whether you should be looking for something else. Let’s get started!

Who Is for? can be a great platform for beginners looking to expand their knowledge and improve their skills. The educational materials are professional, and you get a lot of tools that teach you a lot about trading but also allow you to perform trades fast and easily.

Since there is also a demo account feature available, it is, even more, beginner-friendly. The broker is great for non-English speakers too because the customer support is offered in multiple languages – more specifically, in a total of 15 languages.

On top of that, is also great for people who do not have a lot of money to spend on trading. Depositing money into your account is free, and the same applies when it comes to withdrawing funds.

Things We Like

The account opening process is very fast and easy, which makes it better for beginners who want to start right away. It only takes a few minutes to set up an account, and we loved this aspect.

Then, we loved the fact that people can not only pick from different types of accounts but also choose to get a demo account at first if they’re not ready to commit to the risks yet.

There are no fees for deposits and withdrawals, which is another wonderful aspect we would like to see in all brokers. This way, even those on a budget can start trading.

The tools available for research and learning are outstanding and can help lots of traders reach their full potential. did a wonderful job at implementing them and we were impressed.

Things We Don’t Like

While deposits and withdrawals are free, you have to pay Forex fees. The worst thing about it is that the fees are not exactly cheap either. So, people still need to have some extra cash to pay these fees, which is not the case for everyone.

The platform is pretty limiting as it lacks some important features, and we don’t like this aspect.

Lastly, the product portfolio isn’t as varied as the portfolios of other platforms. While this is not necessarily an issue for beginner traders, it can be discouraging when people want to diversify their portfolios more.

Pros / Cons
  • Very fast and easy account opening
  • There are over 2,200 asset types that you can trade
  • Regulated by five top-tier regulators 
  • Customer service isn’t available 24/7
  • The Forex fees are high
  • The product portfolio is limited in comparison to other brokers

Safety and Regulation

Below you can find some information on the platform’s safety. This will help you decide if this is the right broker for you or not.

Who Is is a broker that was established back in 2008. It is an online FX and CFD broker, and it offers access to more than 2,000 trading assets. It allows people to pick between multiple platforms, and it is a part of Finalto Limited. The CEO invested in technology a lot, making it easy to use and attractive at the same time. Moreover, allows clients to invest and trade, with a lot of assets being available for this purpose.

Is Regulated? is regulated by multiple authorities. Some of them are the Financial Conduct Authority from the UK, as well as the Cyprus Securities and Exchange Commission and ASIC. Licenses

  • Tradetech Markets (Australia) Pty Ltd – authorized by ASIC (Australia) license number 424008
  • TradeTech Markets (South Africa) (Pty) Limited – authorized by FSCA (South Africa) registration number 46860
  • Safecap Investments Ltd – authorized by CySEC (Cyprus) authorization number 092/08

Is Safe or a Scam?

Since it is regulated by multiple great authorities all over the world, is considered a safe platform. But that is not all. It also has a great history and since it’s been established for so long, this can only mean one thing – it does something right to attract users and maintain their loyalty.

Furthermore, its parent company is listed on LSE, and the platform also has negative balance protection. The only downside is the fact that it doesn’t have any banking license.

Countries It Accepts Clients from has its services available to people from the U.K., South Africa, Australia, as well as some EU countries. But as you can imagine, there are some exceptions as well. The countries banned from using include the U.S., New Zealand, Japan, Belgium, Russia, Israel, Hong Kong, Canada, Turkey, and Brazil.


The broker received several awards over the years, some of them being for the best Forex platform while others were for the best Forex provider. Therefore, some of the awards include the Best FX Platform 2017 – UK Forex Award, Best Forex Provider 2017 – UK Forex Award, and the Best Trading Platform 2020 – FXScouts award.

Range of Offerings and Products is decent in terms of products and offerings. It has a lot of CFDs, which is amazing for people who are interested in them. Then, it also offers real stocks and Forex. The platform has 66 ETF CFSs, 40 stock index CFDs, 67 currency pairs, 2,027 stock CFD, 28 commodity CFDs, 4 bond CFDs and 25 cryptos.

But the drawback is the fact that if you are looking for different asset classes that are also popular such as futures, options, and ETFs, you will not find them here. doesn’t offer them, so you need to look for them in other places.

Leverage Offered

How much leverage you get depends on where you are trading from. If you opened an account under the CySEC regulation, for instance, you would have a maximum leverage of 1:30. However, people who live in Australia may have a high leverage level too, of up to 400:1 respectively.

Trading Platforms

Several platforms are brought to the table when you use, and as you can imagine, you get a web and desktop platform, as well as a mobile one. People get to trade using whichever platform they find most suitable for their trading style.

When it comes to the web platform, the advantage is that it is user-friendly and it comes with price alerts, as well as a wonderful search function. Unfortunately, it is limited in terms of customizability, and it also has no clear fee report or 2-step login.

The desktop trading platform is not far from it either. It is provided by MetaTrader, and it is also pretty user-friendly and has price alerts. Unlike the web one, it has good customizability. Still, the design is poor, and it also lacks a 2-step authentication.

As for the mobile platform, it has price alerts and a great search function, but no 2-step or touch/face ID login.

Account Types

With, you only get one account. It is made in order to bring out the best features under a single account, without people having to pay extra for potential benefits. People can open an account and have MarketsX and MarketsI available.

Demo Account also has a demo account. It is the other account type apart from the real account. It is great for testing the broker before investing real money with it.

Deposits and Withdrawals

The good thing is that when it comes to deposits, you can perform them using a card, e-wallet, or bank transfer. Card transactions are instant, whereas bank transfers may take a few business days.

What Is Minimum Deposit? has a low minimum deposit, of respectively €/£/$100.


You can withdraw funds using the same methods available for deposits. Card withdrawal usually takes about one business day. Promotions

Promotions and bonuses are available, but they vary based on where you are registering and trading from. For instance, EU and UK people are under regulatory conditions and cannot claim any promotion.

Client Support and Education has a lot of educational materials. Not only is there a demo account, but you can also gain access to webinars, platform tutorial videos, and general educational videos. Overall, it is a great resource for information and all beginners will be able to learn valuable things from this platform.

Verdict – Overall Rating left a good impression on us thanks to the educational materials, as well as the low minimum deposit, good regulation, and more. It is a great option for everyone interested in trading CFDs, real stocks, and Forex.


All brokers listed on our website are regulated by at least one financial regulator and have never been reported as a scam. Our reviews and overall scores are based on the key areas above, in a combination with our opinion and commentary.

The reviews are shared and discussed with the brokers, but the authors of our website always have the final word. Furthermore, we always strive to keep the information on our website updated and relevant for our readers.

What helps us stand out is that we always test our brokers with an anonymous live account, to ensure we deliver the most accurate information and experience to our readers. Finally, our reviews and evaluation are always independent of any financial compensation we may receive from the brokers.

Risk Disclaimer

There is a very high degree of risk involved in trading securities.

With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection, and market volatility that may substantially affect the price or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Learn more at Wikipedia.

All investments involve risks and are not suitable for every investor. The value of securities may fluctuate and as a result, clients may lose more than their original investment. The past performance of a security or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk it does not assure a profit, or protect against the loss, in a down market.

There is always the potential of losing money when you invest in securities or other financial products. Investors should consider their investment objectives and risks carefully before investing. More details here.

Looking for more information on brokers and trading? Have a look at our trading guides:

Review Sources

  1. is a global trading and investing brand owned by Finalto Group, the financials division of FTSE 250 listed Playtech.

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