Easy Forex Information

Easy Forex is a regulated broker, offering trading on forex, precious metals, commodities, indices, cryptocurrencies and shares with leverage up to 1:400 and EUR/USD spread from 1.7 pips on MT4 and MT5 trading platforms. The minimum deposit amount is $25.

Pros and Cons

Is Easy Forex Legit?

Yes. Easy Forex is licensed by CYSEC to offer services.

Regulated Country	Regulator	Current Status	Regulated Entity	License Type	License No.
	Cyprus Securities and Exchange Commission (CySEC)	Regulated	Easy Forex Trading Ltd	Market Maker (MM)	079/07

What Can I Trade on Easy Forex?

Easy Forex offers trading on forex, precious metals, commodities, indices, cryptocurrencies and shares.

Account Type

Here are three account types Easy Forex offers:

Leverage

It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital.

Easy Forex Fees

More details can be found via https://www.easymarkets.com/syc/en-my/trade/forex-spreads/

Easy Forex requires no commission fees.

Trading Platform

Deposit and Withdrawal

Easy Forex accepts payments via credit/debit cards, online banking, eWallet, bank wire transfer and crypto currency.

For withdrawals to credit/debit cards and eWallets, there is no minimum withdrawal amount. For withdrawals to bank accounts, a minimum amount of USD 50 is required.

Deposit/Withdrawal Options

Deposit Options	Fees	Processing Time
	0	Instant
		up to 24 hours
		up to 1 hour
		1 working day once payment is made to Local Exchanger
		1 working day
		up to 3 hours

BP Prime Information

BP Prime is the trading name of Black Pearl Securities Limited, a brokerage company who was established in 2013 and deals in forex, commodities and indices tradings for both retail and professional clients. The minimum deposit requirement is pretty high from $5,000 or equivalent. A demo account and the availability of MT5 platform enhances customer experiences. While for institutional clients, the broker offers bespoke liquidity and technology solutions as well.

Furthermore, the broker currently operates under decent regulation from FCA, which to some extent guarantees customer protection and compliance to industry standard set by the institution.

Nevertheless, there are 5 pieces of WikiFX exposure to withdrawal issues, which indicates the necessity of service improvements of this broker. You should pay attention to this.

Pros and Cons

Is BP Prime Legit?

BP Prime is currently regulated by FCA (Financial Conduct Authority) in United Kingdom, with a license numbering at 688456, which guarantees legitimacy and credibility in a certain level.

Regulated Country	Regulator	Current Status	Regulated Entity	License Type	License No.
	FCA	Regulated	Black Pearl Securities Limited	Straight Through Processing (STP)	688456

What Can I Trade on BP Prime?

BP Prime offers trading services in forex, commodities and indices for both retail and professional clients. While for institutional clients, customized liquidity and technology solutions are available to help companies to grow and develop their business scope and scale.

Account Type/Fees

BP Prime offers demo accounts for clients to practice and test trading strategies.

While for live accounts, the broker offers a Standard accountfor retail clients with a high minimum deposit of $5,000 or equivalent. In this account, the broker charges no commissions for trading, and claims competitive spread, but with no details.

Professional clients, on the other hand, are provided with a Professional account with higher leverage but less protection. To be eligible to open a professional account, you need to place 10 relavant trades of a significant size per quarter in last year, own a financial instrument portfolio exceeding $500,000, and have worked in the financial sector for at least one year.

Leverage

BP Prime offersa leverage level of up to 1:30 for some currency pairs in the Standard account, which means you can control a larger position of 30 times of your initial deposit.

Professional accounts have higher leverage, but are not currently disclosed per the broker's website. You need to check with the company directly to get precise information.

Moreover, you should always be very prudent to use such tool since leverage not only amplify profits, but losses will be augmented at same level as well.

Trading Platform

Victory indicates the use of the industry-leading MetaTrader 5 platform through web, which allows you to trade anywhere on the go.

The MT5 platform is renowned and recognized worldwidely for their advanced charting tools and robust functionalitiess such automated transaction execution.