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null HXPM
Clone Firm
HXPM
Average Spread
2.31
5-10 yearsSuspicious Regulatory LicenseMT4/5 Full LicenseChinese market onlyRegulated in Hong Kong ChinaSuspicious OverrunHigh potential risk
Average Spread
2.31
null WGL
No Regulation
WGL
Average Spread
2.34
5-10 yearsRegulated in VanuatuSuspicious Regulatory LicenseMT4/5 Full LicenseRegional BrokersCommon Financial Service LicenseSuspicious OverrunHigh potential risk
Average Spread
2.34
null GCM
Suspicious Clone
GCM
Average Spread
2.50
5-10 yearsSuspicious Regulatory LicenseMT4/5 White LabelHigh potential risk
Average Spread
2.50
null CMG
No Regulation
CMG
Average Spread
2.50
5-10 yearsRegulated in AustraliaSuspicious Regulatory LicenseMT4/5 Full LicenseRegional BrokersAppointed Representative(AR)High potential risk
Average Spread
2.50
4
null HERO
Regulated
HERO
Average Spread
2.59
5-10 yearsRegulated in AustraliaRegulated in United StatesAppointed Representative(AR)MT4/5 Full LicenseChinese market onlyCommon Financial Service LicenseSuspicious OverrunMedium potential risk
Average Spread
2.59
5
null InstaForex
Suspicious Clone
InstaForex
Average Spread
3.00
5-10 yearsSuspicious Regulatory LicenseMT4/5 Full LicenseSelf-developedGlobal BusinessHigh potential risk
Average Spread
3.00
6
null Blackwell Global
Regulated
Blackwell Global
Average Spread
3.00
5-10 yearsRegulated in GermanyRegulated in Hong Kong ChinaRegulated in CyprusRegulated in New ZealandDealing in futures contractsDealing in securitiesSuspicious biz areaFinancial Service CorporateRetail Forex LicenseStraight Through Processing(STP)Suspicious OverrunMedium potential risk
Average Spread
3.00
7
null Tradesto
Exceeded
Tradesto
Average Spread
3.34
5-10 yearsRegulated in VanuatuRegulated in AustraliaCommon Business RegistrationMT4/5 Full LicenseRegional BrokersRetail Forex LicenseSuspicious OverrunHigh potential risk
Average Spread
3.34
8
null IX Securities
Suspicious Clone
IX Securities
Average Spread
4.01
5-10 yearsSuspicious Regulatory LicenseMT4/5 Full LicenseRegional BrokersHigh potential risk
Average Spread
4.01
9
null ORBEX
Exceeded
ORBEX
Average Spread
7.48
5-10 yearsRegulated in United KingdomRegulated in GermanyRegulated in FranceCommon Financial Service LicenseMT4/5 Full LicenseRegional BrokersEuropean Authorized Representative (EEA)Suspicious OverrunHigh potential risk
Average Spread
7.48
10
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