Logo Review 2024

Last updated Jun 18, 2024 is trusted. Tested via live trading.

Highlights of Logo
Register68-81% of retail investors lose money when trading CFDs with this broker
Countries of registration:
Trading Assets
ForexStocksETFIndicesCryptocurrencyBondsPrecious MetalsEnergy CarriersSoft Commodities
Trading Platforms
FOREX.comNinja TraderMetaTrader 4TradingView
Neteller Logo
Skrill Logo
Bank Transfer Logo
Credit and Debit Cards Logo
compare trading accounts is a leading broker for Forex and CFD trading, known for its high order execution speed and a wide range of trading instruments. Their customer support is highly rated, and they are regulated by reputable financial authorities.

Pros and Cons of


  1. Broker with many years of history and a global reputation.
  2. A variety of deposit methods.
  3. A wide variety of available markets and products.
  4. Advanced analytical tools and daily updates from the company's professionals.
  5. Comprehensive educational materials for all levels of traders.


  1. Lack of specialized accounts.
  2. High transaction fee on DMA Account. Broker Overview

Foundation Year2000
Official Website
Regulated in CountriesCayman Islands, United Kingdom, United States, Cyprus, Hong Kong, Japan, Singapore, AustraliaMore Details
Minimum Deposit
  • 100 USD
Spreadfrom 0.1 points
Max Leverage1:50
Trading Assets
  • Forex
  • Stocks
  • ETF
  • Indices
  • Cryptocurrency
  • Bonds
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
Trading Platforms
  • Ninja Trader
  • MetaTrader 4
  • TradingView
Email Support
Hotline Phones
Social Media is a representative of Gain Capital. The company's head, Glenn Stevens, has extensive trading experience with several firms.

This broker is advancing through complex processes and strategies. It continuously improves and analyzes market shifts and customer relations. When the company was established, a decision was made to make a significant financial investment in the trading platform, which has fully met expectations.

Over 20 years, the services have been refined, making 99% of traders satisfied with what they received. is in the top 10 of the following ratings: Review Summary

Our review and rating of are based on a detailed and objective methodology developed by our team of experts. We analyze many factors, including regulation, client protection, account funding methods, available markets and products, analytics, educational materials, customer feedback, and the quality of support services. If you wish to learn more about how we evaluate brokers, you can familiarize yourself with our methodology.

We hope our review of will assist you in making an informed choice. Continue reading the review to discover more about the broker and its services. Your success in trading is our primary goal.

Reliability and Regulation

Legal EntityRegulator is regulated by various bodies worldwide, which speaks to the broker's commitment to complete transparency and compliance with legal standards. has been providing its services for over 20 years. Its parent company, StoneX Group Inc., is traded on NASDAQ. This means the Forex broker is fully transparent and regularly reports to its investors.

Account Opening


The account opening process at includes standard steps commonly encountered when registering with most brokers. This process involves registration, filling out a questionnaire about trading experience, and identity verification.

However, account verification may add time to the account opening process, especially if there are delays in verifying provided documents.


At the first stage of registration, will request the following information:

  • Country of residence;
  • Email;
  • Username;
  • Password;
  • First and last name;
  • Date of birth;
  • Phone number. Registration Page Registration Page

At the next stage of creating an account, you need to fill out:

  • Full address of residence;
  • City of birth;
  • Taxpayer identification number.

Next, a client must complete a questionnaire about their trading experience. The questionnaire includes the following data:

  • Employment status;
  • Base currency of the account (USD, EUR, or GBP);
  • Annual income;
  • Net assets;
  • Source of funds;
  • Frequency of trading financial assets;
  • Planned deposit (the minimum deposit is $100);
  • Planned number of trades per month.

Finally, the new client needs to familiarize themselves with and accept all the rules of the site.

After filling in all the data, your personal account will finally be available.

By the way, you can open a demo account without registering a personal account. To do this, enter an email address. The demo account is available for 30 days.


It’s important to note that your account will still be under review. Moreover, without identity verification, you won't be able to do anything in the personal cabinet - neither open a trading account nor fund it.

To verify your account, you need to upload in the personal cabinet:

  • A scan or photo of an identity document;
  • A document confirming the residence address (bank statement, utility bill).

And only after your account has been reviewed and verified will you finally be able to fund your account and trade on

Minimum Deposit

To open an account with the broker, you must make a minimum initial deposit of at least 100 in your chosen base currency. However, recommends depositing at least 1000 units of the selected currency for more flexibility and better risk management when trading.

Remember that the minimum deposit size may differ depending on the type of account and trading conditions. Additional funds will allow you to manage your portfolio more freely and reduce the risk of losing the entire amount during possible market fluctuations.

Account Types

Rating:3.5/5 offers a standard set of accounts catering to different experience levels and traders' preferences. Clients can choose from 3 trading accounts and the option to practice on a demo account.

However, some specialized accounts that may be important for specific categories of traders are missing.

In particular, cent accounts, which can be helpful for beginners, are not available.

Islamic accounts (swap-free) are also missing, making the broker inaccessible for Muslim traders who follow the principles of Islamic banking.

Finally, there are no investment accounts, such as PAMM accounts, or the ability to copy the trades of successful traders, which limits opportunities for investors seeking passive income opportunities in Forex.

Trading Accounts

Account CurrencyUSD, EUR, GBP
Minimum Deposit100 $
Trading PlatformsFOREX.comNinja TraderMetaTrader 4TradingViewFOREX.comNinja Trader
Spreadfloatingfrom 0.7 pipsfor EURUSD~ 1.3 pipsfloatingfrom 0.1 pipsfor EURUSD~ 0.7 pips
Commission per Tradeper $1M turnover~ 60 $
Trading AssetsForexStocksETFIndicesCryptocurrencyBondsPrecious MetalsEnergy CarriersSoft Commodities
Opened Positions
Margin Call / Stop Out120% / 100%
Order ExecutionMMDMA
Demo Account
Islamic Account
RegisterRegisterRegister offers three main types of trading accounts for its clients:

  1. Standard Account: Ideal for traders looking for a traditional Forex trading experience. The Standard account offers competitive spreads without hidden costs and access to a unique web platform for trading. Includes advanced charting tools with over 80 technical indicators and commission-free trades on Forex, indices, and commodities.

  2. MT4 Account: This account allows trading on one of the most popular trading platforms in the world with tools and features available only at Unlike most standard MetaTrader platforms, you can access integrated Reuters news feed and research from experts. The account offers competitive spreads without commissions, a specialized trading platform, fully integrated news from Reuters, and technical analysis from Trading Central.

  3. DMA (Direct Market Access) Account: Designed for severe traders with high trading volumes who seek direct pricing from leading liquidity providers. The commission on this account depends on the trading volume—the larger the volume, the lower the trading commission. More details on the DMA account commission can be found in this review's "Commissions" section.

Account with Fixed Spread offers accounts with fixed and floating spreads, depending on the market you wish to trade on.

Fixed spreads do not change regardless of volatility or liquidity. Depending on the market, fixed spreads may be offered for a specific period or throughout the entire trading day. The market with fixed spreads may have different spreads during the day, but the spread will be fixed for clearly defined periods. For example, 1 point from 8:00 to 16:30, 2 points from 16:30 to 22:00.

Choosing an account with a fixed spread can benefit traders who prefer to know the size of their trading costs in advance. It provides transparency and predictability, especially when trading during periods of high volatility when spreads can fluctuate significantly.

You need to contact the broker's support to use an account with a fixed spread.

Corporate Account offers a Corporate Account suitable for retail and institutional clients looking to trade on financial markets through a corporate structure. This account is ideal for companies and businesses that want to delegate trading powers to several authorized users and use corporate funds to fund the account.

Key features of the Corporate Account

  1. Funding with a corporate card: You can use allocated corporate funds to finance and trade your account. This gives you more flexibility in managing corporate finances.

  2. Trading on behalf of your business: This can simplify accounting and account management within your company.

  3. Multiple authorized traders: You can set up access to the account for several users. This can facilitate workload distribution and collaboration within your trading team.

Demo Account

The demo account is fundamental for familiarizing with the platform and trading in the Forex market. The training account is designed for testing Forex trading strategies in a risk-free environment using virtual funds.

The demo account is provided only for 30 days, with the type of account being Standard. After this, you cannot log in using demo account credentials. You also cannot create multiple demo accounts or extend the demo account.



The commissions at can be considered average. While some of them, such as the transaction commission on the DMA account, are above the market average, there are opportunities to reduce these commissions by increasing trading volume. The broker also offers a rebate program for American traders, which can significantly reduce costs for those who trade in large volumes.

However, it's essential to consider the inactivity and currency conversion fees, which could be unexpected expenses for some traders.

Trading Fees

Depending on the type of account (which we will discuss shortly), may charge trading commissions or only rely on spreads and rollovers. The broker also charges a commission for trading CFD stocks.

Commission per lot

On the DMA account, the main expense for traders is the transaction commission. At, the transaction commission on the DMA account is $60 per $1 million in turnover. This is relatively high compared to other Forex brokers.

The table below shows the commission per lot for the EURUSD pair at different Forex brokers:

BrokerIC MarketsRaw SpreadPepperstoneRazorFOREX.comDMARoboforexECNFxProStandard
Commission per lot$3.5$3.5$6.48$2.16$0.00

However, it is worth noting that the commission can be reduced by increasing the trading volume.

Monthly Volume

Commission per $1 million turnover

Discount from the standard commission

up to $100 million



from $100 million to $250 million



from $250 million to $500 million



from $500 million to $1 billion



from $1 billion to $2 billion



Spreads and Swaps

On Standard and MT4 accounts, the main costs for traders are spreads and swaps. The spreads are considered average for the market, while swaps are above average.

The table below shows the spreads and swaps for major currency pairs on Standard and MT4 accounts.

AssetAverage spreadSwap longSwap short
EURUSD1.3 pips-11.80 pips7.20 pips
AUDUSD1.5 pips-14.50 pips-0.80 pips
USDCAD2.9 pips-1.90 pips-4.10 pips
USDCHF2.1 pips21.10 pips-39.00 pips
USDJPY1.6 pips37.10 pips-54.80 pips
GBPUSD1.9 pips-5.70 pips-2.90 pips
NZDUSD3.4 pips-9.30 pips-9.50 pips

Commission for Trading CFD Stocks charges 0.08% for trading CFD stocks. For most American stocks, the commission is 1.8 cents per share. However, it's important to note that the broker's minimum commission per transaction is £10, $10, €10, or 10 SGD.

Currency Conversion Commission

In CFD trading, your base currency may differ from the traded one. In such cases, converts currency at up to +/- 0.5% of the quoted price.

Inactivity Fee also has an inactivity fee. It is $15 or the equivalent in another currency and applies if the trader has not traded on their account for 12 months.


For American traders, offers rebates (cashback) for trading large volumes on the Standard account. This program is called Active Trader.

You automatically become a participant in the Active Trader program if you open an account with at least $10,000 or trade $25 million during a calendar month. The more you trade, the larger the cashback you receive.

The rebate levels are presented below.

Level 1Level 2Level 3Level 4Level 5
Volume from $25M to $50MVolume from $50M to $100MVolume from $100M to $250MVolume from $250M to $500MVolume from $500M+
Rebate $3 per millionRebate $4 per millionRebate $6 per millionRebate $8 per millionRebate $10 per million
Savings 4%Savings 6%Savings 9%Savings 12%Savings 15%

Deposit and Withdrawal

Rating:4.3/5 offers several convenient methods for depositing and withdrawing funds, allowing clients to choose the most suitable option. The broker does not charge fees for these transactions, which is an additional advantage. The processing time for requests is also quite reasonable, taking up to 48 hours.

However, it should be considered that many competitors may offer many more methods for depositing and withdrawing funds, including cryptocurrencies and electronic wallets.

Methods of Depositing Funds

Deposits and withdrawals are made through the trader's cabinet. The following methods are available for making a deposit:

Payment SystemCurrenciesDeposit FeeOperation Limit
from 100 to 10000 USD
from 100 to 10000 USD
Bank TransferBank Transfer
from 100 USD
Credit and Debit CardsCredit and Debit Cards
from 100 to 10000 USD does not charge a commission for deposits. But keep in mind that the payment system may charge a fee.

How to Withdraw Funds

The following options are available for withdrawing money from the trading account:

Payment SystemCurrenciesWithdrawal FeeOperation Limit
Bank TransferBank Transfer
from 100 USD
Credit and Debit CardsCredit and Debit Cards
from 100 to 50000 USD

The broker also does not charge a commission for withdrawals. The processing of the application takes up to 48 hours.

Markets and Products

Rating:4.5/5 offers a broad array of markets and products for trading, providing traders with flexibility in choosing strategies and opportunities for portfolio diversification.

However, it is worth noting that the maximum leverage offered by the broker is relatively low compared to some competitors. This may limit the opportunities for traders, especially those who prefer high-risk strategies.

What markets are available?

The broker provides the following CFD instruments:

BrokerIC MarketsFOREX.comPepperstone
Precious Metals71620
Energy Carriers5144
Soft Commodities82216

Margin Requirements

Margin requirements are the percentage of the total value of a trader's position in their account as collateral to open and maintain a position. At, margin requirements vary depending on the currency pair and trading platform.

Trading InstrumentMax. Leverage for Retail Traders
Precious Metals
Energy Carriers
Soft Commodities

Trading Platforms

Rating:5/5 provides a wide selection of platforms supporting all formats - online, desktop, and mobile applications.

What platforms are available?

The following platforms are available for trading on

  1. MetaTrader 4;
  2.'s proprietary platform;
  3. NinjaTrader (only available for American traders);
  4. TradingView.

Trading can be done online as well as on desktop or mobile devices.

MetaTrader 4

MetaTrader 4 (MT4) is a popular trading platform chosen by traders worldwide for online trading in the forex market. MT4 has all the necessary functional features for successful trading and offers users flexible settings and the ability to automate their trading.

  • Interface: The MT4 interface is intuitive and easily customizable, allowing users to create and apply their templates and trading strategies.

  • Charts: MT4 offers a wide selection of charts that can be customized to a trader's needs. Users can use charts such as line, candlestick, and bar charts.

  • Analytical Tools: The platform provides numerous analytical tools and indicators for conducting technical analysis.

  • Automated Trading: MT4 supports trading robots that can perform automatic trading based on a pre-set strategy.

  • Security: All data is transmitted in encrypted form, and each user has a unique identifier, ensuring high trading security.

MetaTrader 4 is a powerful yet accessible and user-friendly platform for currency trading.

MetaTrader 4
MetaTrader 4 Platform is a convenient trading web platform that is very easy to customize. Tabs and windows that can be customized open here. For comfortable trading, the following are available:

  • watchlist;
  • economic calendar;
  • economic news feed;
  • insights and analyses from Trading Central service;
  • market analysis from experts;
  • terminal for placing orders;
  • trading history.

The platform also uses a chart from the same TradingView, with full functionality for drawing and analysis. Platform Platform

In addition to standard market and limit orders, traders have access to:

  • Trailing stop;
  • One cancels the other (OCO);
  • Good 'til canceled (GTC);
  • Good 'til the end of the day (GTD);
  • Good 'til time (GTT).

It is possible to enable or disable the hedging feature (opening opposite trades on an asset). Notifications about the asset reaching a specific price are also available.

Overall, the platform allows traders to trade comfortably in any style.


NinjaTrader is an influential trading platform traders use for analysis and trading in futures, forex, and stock markets.

  1. Interface: NinjaTrader provides a flexible and customizable user interface. This allows users to adapt the platform to their needs, creating workspaces.

  2. Charts and Data Analysis: NinjaTrader offers advanced charting tools and rich indicators. The platform enables technical analysis, including drawing trend lines, Fibonacci, and other tools.

  3. Automated Trading: NinjaTrader allows the creation, testing, and implementation of automated trading strategies using NinjaScript, the platform's programming language.

  4. Simulated Trading: For those who want to practice before starting actual market trading, NinjaTrader offers a simulated trading feature.

  5. Security: NinjaTrader ensures high data security using modern encryption and authentication technologies.

NinjaTrader is a full-featured trading platform that offers a wide range of tools for analysis and trading in financial markets.



TradingView is an advanced financial visualization platform available as a web service. It offers a wide range of tools for technical analysis, charts, screeners, and signals and the ability to trade directly from the platform.

TradingView is based on social networks, allowing users to exchange trading ideas, strategies, and forecasts and discuss real-time market trends. Individual trading ideas can be visualized and shared with other platform users.

TradingView is used by novice and experienced traders and analysts and supports most financial instruments, including stocks, Forex, futures, options, cryptocurrencies, and more.

How do you connect your account to TradingView? is successfully integrated with TradingView, allowing traders to conduct market analysis and carry out trading directly through the convenient and functional interface of TradingView. Here's how you can get started:

  1. Login: First, you need to log into your account on TradingView.

  2. Opening the Trading Panel: Go to and open the trading panel.

  3. Selecting as a broker: On the trading panel, select and enter your login details for your real or demo broker account.

Selecting on the TradingView trading panel
Selecting on the TradingView trading panel


Rating:5/5 offers an extensive set of analytical materials and tools.

What analytical materials are available?

Analytical materials are abundant on Available on the website are:

  • the latest economic news and research from experts;
  • analyses, forecasts, and trading ideas for various markets;
  • a weekly market review;
  • an economic calendar;
  • Forex market pivot points;
  • a calculator for margin and pips calculation;
  • a currency converter;
  • analytical webinars. Latest Research Latest Research

Additionally, all analytics are conveniently categorized into topics:

  • Forecasts
  • Tech Stocks
  • IPOs
  • China
  • Europe
  • Federal Reserve
  • Interest Rates
  • Forex News
  • Non-Farm Payroll - NFP

The team of professionals at, which can also be reviewed on the website, publishes new analytical materials daily. Every trader can find analytics suitable for their needs. Analysis Analysis


Rating:5/5 provides a wealth of educational materials for beginner traders.

Learning Center and Courses

For beginners, there is a learning center on the platform. Traders can familiarize themselves with the currency market and its concepts there. These can be reviewed individually or by taking courses. The online course is studied under the leadership of an instructor. Basics can be learned through webinars conducted according to customer requirements and schedules.

Courses are divided according to different trader levels:

  • Beginner;
  • Intermediate;
  • Advanced.

You can take a test has prepared in the learning center to determine your level. Learning Center Learning Center

Educational Materials

The educational materials on the site are conveniently categorized into topics:

  • Trading Concepts;
  • Risk Management;
  • Technical Analysis;
  • Fundamental Analysis;
  • Trading Strategies;
  • What is Forex?;
  • Basics of Charting;
  • Developing a Trading Plan. Lessons Lessons

Customer Support

Rating:5/5's support is available 24/7, with various communication methods, allowing traders to choose the most convenient.

The support team professionally responds to inquiries, and the responses are typically prompt.

Support Hours

The technical support service operates around the clock.

How to contact support?

You can send a message via the feedback form or use the online chat on the broker's website.

Additionally, you can write an email to:

Or call:

  • +44 207 429 7900 (for international calls);
  • 0800 032 1948 (toll-free in the UK).

Conclusion is an excellent broker for trading in the Forex and CFD markets. They offer fast execution speeds, a wide selection of currency pairs, and other assets for trading. Their customer service is outstanding, and multiple financial authorities regulate them.


Is legit?

Yes, is a legitimate broker regulated by reputable financial authorities, ensuring the safety and security of your funds.

Which country is from? is headquartered in the United States and operates globally.

Is an ECN broker?

No, is not an ECN broker; it operates as a market maker.

How does make money? makes money primarily through spreads, commissions on trades, and other trading fees.

Is good for beginners?

Yes, is suitable for beginners due to its user-friendly platform, extensive educational resources, and reliable customer support.

Does offer a demo account?

Yes, offers a demo account for users to practice trading without risking real money.

How can I open an account with

You can open an account with by visiting their website, completing the online registration form, and submitting the required documentation.

How can I delete my account?

To delete your account, you need to contact their customer support team, who will guide you through the account closure process.

What is the minimum deposit for

The minimum deposit for generally starts at $100.

What is the maximum leverage on

The maximum leverage on is typically 1:50 for major currency pairs, but this can vary based on regulatory requirements and the trader's location.

How do I deposit funds in a account?

You can deposit funds in your account using various methods, including bank transfers, credit/debit cards, and electronic payment systems.

How do I withdraw money from

To withdraw money from, log in to your account, go to the withdrawal section, select your preferred withdrawal method, and follow the instructions.

Does provide VPS?

Yes, provides VPS (Virtual Private Server) services for traders who require a stable and reliable trading environment.

Is suitable for scalping?

Yes, allows scalping as a trading strategy on its platform.

Is suitable for auto-trading?

Yes, supports auto-trading through various trading platforms and tools, including MetaTrader.

Is suitable for hedging?

Yes, allows hedging, enabling traders to open multiple positions in the same market to manage risk.

Is suitable for spread betting?

Yes, offers spread betting services, primarily for clients in the UK and Ireland.

Visit FOREX.com68-81% of retail investors lose money when trading CFDs with this broker

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.