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    Carrod Securities

    • United Kingdom United Kingdom
    • 1-2 years
    • Regulated in United States
    Open Account
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    • support@carrodsecurities.com
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    • 40G

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    Broker Information

    Company Name

    Carrod Securities Co Ltd

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    Pyramid scheme complaint
    • Account
    MT5 Download
    • Standard Account
    • Benchmark --
    • Maximum Leverage 1:400
    • Minimum Deposit $1000
    • Minimum spread --
    • Products --
    • Currency --
    • Currency --
    • Minimum position 0.01
    • EA supported
    • Depositing Method --
    • Withdrawal Method --
    • Commission --

    Carrod Securities

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    National Futures Association

    National Futures Association (NFA)

    National Futures Association (NFA) is the industrywide, self-regulatory organization for the U.S. derivatives industry, providing innovative and effective regulatory programs. Designated by the CFTC as a registered futures association, NFA strives every day to safeguard the integrity of the derivatives markets, protect investors and ensure Members meet their regulatory responsibilities.

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    Carrod Securities



    WikiFX·pyramid scheme complaint
    1  Know about pyramid scheme  >
    2  Pyramid scheme complaint   >
    3  Done
    1. What is pyramid scheme complaint?
    With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
    2. 10 Features of Pyramid Scheme
    High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded 'Datuk' Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
    Report immediately
    Report This Platform
    Carrod Securities
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    Carrod Securities · Company summary

      General Information & Regulation

      Founded in the UK, Carrod Securities Co Ltd is a leading independent broker in the trading of foreign exchange, contract for differences and spread game products. Carrod Securities Co Ltd is registered in the UK and regulated by the American Futures Association (NFA), NFA ID: 0541770.

      Market Instruments

      Tradable financial instruments offered by Carrod Securities Co Ltd include forex currency pairs, oil, metals, and indices.

      Trading Time

      Winter time: Monday 7 a.m. - Saturday 5 a.m. summer time: Monday 6 a.m. - Saturday 4 a.m.

      Minimum Trade Size

      The minimum trade size allowed by Carrod Securities is 0.01 lot, friendly to beginners.

      Minimum Deposit

      In terms of minimum initial deposit, Carrod Securities requires $1000 to start a real account, which is absurdly high. Most brokers only ask traders to fund $100 to open an account.


      The maximum trading leverage offered by Carrod Securities is up to 1:400, relatively high. Inexperienced traders are not advised to use too high leverage, as leverage can amplify gains as well as losses.

      Spreads & Commissions

      In terms of spreads and commissions, the spread on the EURUSD pair is varying from 0.8 pips to 1.2 pips, AUD/USD 1.0-1.4 pips, EUR/GBP 1.2-1.5 pips, USD/CHF 1.1-1.6 pips, GBP/USD 1.2 -1.8 pips.

      Trading Platform Available

      Carrod Securities offers its trader MT5 trading platform, available in PC, IPhone, and Android. Whether you are an expert or a novice, the MetaTrader5 platform is well suited to your level and trading strategy. The platform provides advanced technical analysis tools, automated trading functions (EA) and mobile applications, and is used by millions of traders around the world.

      Deposit & Withdrawal

      Carrod Securities claims that cash in and out supports UnionPay, usdt and other ways of deposit, which can be deposited at any time.

      Customer Support

      Carrod Securities offers a poor customer support, and they can be only reached through e-mail: support@carrodsecuritiescoltd.com. No phone call or live chat is available.

    Risk Warning

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    Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

    Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.