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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

Broctagon

Singapore Singapore | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://broctagon.com

Website

Rating Index

Influence

Influence

C

Influence Index NO.1

Singapore Singapore 2.66
Surpassed 15.70% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

https://broctagon.com

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Singapore
Operating Period
5-10 years
Company Name
Broctagon Fintech Group
Email
info@broctagon.com
Company Website
Business Region
Verified Site
Relationship Map
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About Us
Wiki Q&A
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Official Website

Verified Site

  • broctagon.com
    104.26.8.35
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    2014-12-21
    Website Name
    WHOIS.ENOM.COM
    Company
    ENOM, INC.

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Broctagon

Related Companies

BOLD COLLECTIVES DESIGN PTE. LTD.(Singapore)
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BOLD COLLECTIVES DESIGN PTE. LTD.(Singapore)
Active
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Registration No.201929874H
Est. Date
SourceOfficial Statement

Company Profile

Company Profile

Review summary

BroctagonReview Summary
Founded2014
Registered Country/RegionSingapore
RegulationUnregulated
Market Instruments1,800+, Forex, Commodities, Shares, Indices, Futures, Crypto CFDs
Demo Account
Leverage1:500
SpreadFrom 0 pips
Trading PlatformMT4, MT5, cTrader, ZERO trader
Min Deposit/
Customer SupportLive chat, Contact form
Email: info@broctagon.com
Social Media: LinkedIn, Facebook, Instagram, Twitter
Company Address: 14 Robinson Road #06-01, Singapore 048545

Located in Singapore, Broctagon was founded in 2014 and provides a wide variety of trading options in forex, commodities, shares, indices, futures, and cryptocurrency CFDs. The business offers traders trading and demo accounts to test out different tactics, despite operating without regulatory oversight. Additionally, it is available via well-known trading platforms including ZERO trader, cTrader, MT4, and MT5.

Pros and Cons

ProsCons
Diverse range of tradable assetsAbsence of regulation
Demo accountsUnclear minimum deposit requirements
MT4 and MT5 supportedLimited payment options
Multiple contact channels

Is Broctagon Legit?

No, Broctagon is unregulated. It operates without being monitored by established financial regulatory bodies. Please be aware of the risk!

What Can I Trade on Broctagon?

Over 1800 tradable assets are available on this platform, including Forex, Commodities, Shares, Indices, Futures, and Crypto CFDs.

Trading AssetAvailable
forex
commodities
shares
indices
futures
Crypto CFDs
bonds
options
ETFs
What Can I Trade on Broctagon?

Leverage

Broctagon offers leverage of up to1:500. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Fees

Forex PairsSymbolSpread
Euro vs United States DollarEURUSD0.00028
United States Dollar vs Japanese YenUSDJPY0.124
British Pound vs United States DollarGBPUSD0.0015
United States Dollar vs Swiss FrancUSDCHF0.00115
United States Dollar vs Canadian DollarUSDCAD0.0015

Trading Platform

MT4, MT5, cTrader, and ZERO trader trading platforms are all available on this platform.

Trading PlatformSupported Available Devices Suitable for
MT4Desktop, Mobile, WebBeginners
MT5Desktop, Mobile, WebExperienced traders
cTraderDesktop, Mobile, Web/
ZERO traderDesktop, Mobile, Web/
Trading Platform

Deposit and Withdrawal

Broctagon facilitates deposits through various methods such as bank deposit, USDT transfer, PayPal, and Match2pay-BTC. Withdrawal methods vary based on the broker's configuration and may require specific fields to be completed. Traders can select their preferred withdrawal method, and additional fields will appear accordingly for completion.

Payment methods
Withdrawal methods

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

Can Broctagon be trusted by traders?

Broctagon Fintech Group presents a high-risk profile to traders as an unregulated entity. The broker operates without a formal forex trading license, which means it lacks oversight from a major financial authority like the FCA, ASIC, or CySEC. Its low WikiFX score of 1.57, coupled with a business scope classified as suspicious, indicates significant operational and compliance concerns. This profile results in an absence of regulatory protections for client funds.

04-02
United States

What licenses does Broctagon hold?

Broctagon does not hold any verified retail forex trading licenses from mainstream regulators. It is registered in Singapore but operates without the authorization typically required to offer leveraged trading services to the public in most major jurisdictions.

04-02
United States

Is Broctagon suitable for forex trading beginners?

Trading forex and CFDs involves a high degree of complexity and market risk. Whether you choose Broctagon or another trading platform, we strongly recommend that beginners thoroughly study forex basics before investing real funds. It is also highly advisable to practice with a demo account first to familiarize yourself with the platform's operations and market volatility.

04-02
United States

What essential information should I know before trading with Broctagon?

Before opening a live account, it is recommended to comprehensively understand the platform's regulatory status, deposit and withdrawal policies, spread costs, and overnight fees (swaps). Additionally, you can consult WikiFX to review the broker's latest score and user feedback to help you make a more informed investment decision.

04-02
United States
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