Dakken Group
Dakken Group, a trading name for Clandestiny Group LLC, is purportedly a Saint Vincent and the Grenadines-registered forex broker that offers a range of tradable financial instruments, such as Forex, commodities, stocks, indices, and cryptocurrencies, with fixed spreads starting at 0.5 pips on MT5 platform and flexible leverage up to 1:400. Additionally, the company claims to offer four distinct live account types.
Unionstock
Unionstock is an unregulated broker registered in the United States, offering trading in forex, commodities, energy, precious metals, stocks, indices, and cryptocurrencies with leverage up to 1:200 through the web-based and MT4 platforms.
Networkfsi
Networkfsi is an unregulated forex broker based in the United Kingdom. Its market instruments include indexes, commodities, stocks, and cryptocurrencies, in addition to forex. The leverage on this platform is up to 1:200. Investors need to deposit at least €5 000 to start trading on Networkfsi.
Tradelivefx
Tradelivefx is a brokerage company who currently does not maintain functional website that we can only get limited information about this company on Internet.
MarketsEU
MarketsEU is a brokerage company who currently does not maintain functional website that we can only get limited information about this company on the Internet.
Novelis Capital
Novelis Capital is a newly-established brokerage company and currently does not maintain functional website that we can only get limited information about this company on the Internet.
iTraders24
Based in the UK, iTraders24 is an unregulated broker. Through a web trader, it provides market instruments such as stocks, commodities, FX, indices, and cryptocurrencies. This platform's trading window is open till 1:100. To begin trading on this platform, traders must invest at least $250.
Smart FX Vest
Smart FX Vest appears to be an unregulated online trading platform that offers 250+ trading instruments, including Forex, CFDs on Shares, Futures, Indices, Metals, and Energies. Additionally, it claims to provide its clients with leverage up to 1:1000, floating spreads from 0.5 pips, and commission-free trading via 3 different live account types.
UNFXB
Founded in 2020, UNFXB (Unicorn Forex Broker) is an unregulated broker registered in Saint Vincent and the Grenadines, offering trading in forex, ETFs, cryptocurrencies, CFDs, metals, energies, commodities, stocks and indices with leverage up to 1:1000 and spread from 1.5 pips on the MT5 platform. Demo accounts are available and the minimum deposit requirement to open a live account is just $10.
Goldenrodfx-Overview of Minimum Deposit, Leverage, Spreads
Founded in 2020, Goldenrodfx is an unregulated broker registered in Seychelles, offering more than 250 trading instruments with leverage up to 1:200 and spread from 6 pips on the web-based trading platform.
Opoforex
Opoforex is a broker. The tradable instruments with a maximum leverage of 1:2000 include forex, commodities, stocks, cryptocurrencies, metals, and indices. The broker also provides four accounts for MetaTrader and provides three accounts for CTrader. The minimum spread is from 0 pip and the minimum deposit is $100. Opoforex is still risky due to its unregulated status and high leverage.
LiteGap-Overview of Minimum Deposit, Leverage, Spreads
LiteGap is an unregulated broker registered in China, specializing in forex trading with leverage up to 1:400 via the MT4, MT5 and Web trading platforms. The minimum deposit requirement to open a live account is as high as 250 USD.
DAX1001-Overview of Minimum Deposit, Leverage, Spreads
Registered in Marshall Islands, DAX1001 provides multiple trading assets like cryptocurrencies, CFDs on on gold, silver, natural gas, oil, commodities, 13 indices, stocks, currency pairs on the MT4 trading platform. Besides, it also offers demo accounts and its minimum deposit to open a live account is only $1. However, it is not regulated currently.
THENINE-Overview of Minimum Deposit, Leverage, Spreads
THENINE is an unregulated broker registered in Saint Vincent and the Grenadines, offering trading in forex currency pairs, indices, spot indices, commodities, spot commodities, and cryptocurrencies with leverage up to 1:1000 and spread from 1.8 pips on the Standard account via the MT4 platform. The minimum deposit requirement to open a live account is just 10 USD.
LMAX Group
LMAX Exchange is a UK-based multilateral trading facility (MTF) that offers forex and cryptocurrency trading to retail and institutional clients. It was founded in 2010 and is regulated by the Financial Conduct Authority (FCA) and Cyprus Securities and Exchange Commission (CYSEC). LMAX is known for its transparent and fair execution model, as well as its low latency and high-speed trading technology. The company's headquarters are located in London, and it has additional offices in New York, Tokyo, and Hong Kong.
Max Global FX-Overview of Minimum Deposit, Spreads & Leverage
Max Global FX is a financial brokerage firm registered in Saint Vincent and the Grenadines, offering trading services in various financial instruments, including forex, cryptocurrencies, commodities, and indices through the MetaTrader 4 (MT4) platform. However, Max Global FX currently has no valid regulation, so investing with this broker is risky.
ETERNITY GLOBAL
ETERNITY GLOBAL is a broker. The tradable instruments include forex, indices, and commodities. The broker also provides two accounts with a maximum leverage of 1:400. The minimum spread is from 0 pips and the minimum deposit is 200 USD. ETERNITY GLOBAL is still risky due to its unregulated status.
EZCFDs
EZCFDs is an unregulated brokerage company registered in the United Kingdom. Trade Shares, Indices, Forex, and Commodities with CFD Service. While the broker's official website has been closed, so traders cannot obtain more security information.
IWC
IWC is an unregulated brokerage company registered in Denmark. While the broker's official website has been closed, so traders cannot obtain more security information.
Sky Digital
SkyDigital is an unlicensed brokerage firm that claims to have offices in the UAE, Turkey, and Saudi Arabia, yet it has not obtained licenses from the regulatory authorities of these countries. It offers Forex and Indices trading with a minimum deposit of $500 and a maximum leverage of up to 1:400.
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