Basic Information
Year Founded
2010
2006
Headquarters Location
UK via Playtech, Cyprus
Ireland + 6 global offices
Publicly Traded (Entity or Parent)
YES
YES
Regulated?
YES
YES
Primary Regulator
CySEC
Central Bank of Ireland
Minimum Deposit
₹100
₹100
Fixed Spreads?
NO
YES
Trading Type
Dealing Desk, Market Maker
Market Maker
Commissions on Trades
NO
NO
CFD Loss Rate
77% loss rate on CFDs
71% loss rate on CFDs
Maximum Leverage
1:30
1:400
Currency Pairs Offered
55
60
General Average Rating - 3 scale
1,90
2,16
Background
Year Founded
2010
2,5
2006
3,0
Headquarters location + Offices
UK via Playtech, Cyprus
2,5
Ireland + 6 global offices
3,0
Publicly traded?
Owned by Playtech (Yes)
3,0
Private
2,0
Size Measure
Annual Revs > ₹1 million
2,0
200,000 traders, ₹60 bil mo vol
2,0
Summary Score
2,50
2,50
Regulatory Compliance
Regulated or unregulated?
YES
3,0
YES
3,0
Primary regulator
CySEC
2,0
Central Bank of Ireland
3,0
Multiple compliance
No FCA, ASIC, NZ, S Africa
2,0
ASIC, Japan, British Virgin Islands
3,0
Safety of Deposits
Cyprus cover, but offshore
2,0
Segregated accts + Ireland Insurance
2,5
Summary Score
2,25
2,88
Fees & Charges
Commissions, Fees & Charges
FX spreads higher than Avg
2,0
None on some acct types
1,5
General
Hidden fees, some transparency
2,0
Transparency, some hidden
1,5
Spreads
Vary by platform, confusing
2,0
Avg to competitive by acct type
1,5
Summary Score
2,00
1,50
Investment Products
Stocks - Breadth
2,000 items
2,0
Broad based
2,0
Forex - Breadth
Average
2,5
Average
2,5
Other: Comm, Crypto, Spread, CFD?
Limited to CFD and forex
1,5
Comm, Cryp, CFD, Optns, SB
3,0
Summary Score
2,0
2,50
Platform experience
MT4 or equivalant
MT4 offered but restricted
2,0
MT4
3,0
Proprietary options
Excellent Web-based platform
2,5
ACT software + Options system
2,5
Special Advanced?
Access/prices favor Web Platform
2,0
No mobile support for ACT
1,5
Summary Score
2,17
2,33
Special Features
Feature A
Social trading offered
2,0
Mirror trade with Zulu, DupliTrade
2,5
Feature B
Relative volume discounts
2,0
Fees based on acct type
1,5
Feature C
Limited high end capabilities
1,0
Auto-Chartist for ₹500 acct
1,5
Summary Score
1,67
1,83
Research Tools/Guidance
Financial Commentary
Reasonable, improved
2,0
Limited - video and You-Tube
1,5
Technical Anlaysis
Links confuse, favor Web system
2,0
Links for TA and FA
1,5
Other Guidance
No news feed on MT4
1,5
Some technical signals
1,5
Summary Score
1,83
1,67
Education Support
Basic Library
Below average
1,5
Broad coverage
2,5
Webinars/Support
Limited
2,0
Begin, Inter, and Advanced covered
2,5
General
77% loss rate on CFDs
1,5
71% loss rate on CFDs
1,5
Summary Score
1,67
2,17
Customer Support
Live Chat, Web, Tele, Offices
Limited, no tele #, email, chat?
1,0
YES + Int'l offices
3,0
Responsiveness
Delays
1,5
Chat delayed
2,0
FAQs? Quality?
Below average
1,5
More than adequate
2,5
Summary Score
1,33
2,50
General Pros & Cons
Pro #1
Social trading offered
2,0
Social trading included
2,0
Pro #2
Over 2,000 items offered
2,0
Good educational focus
2,5
Pro #3
Robust proprietary platform
2,5
Low fees for some accts
2,0
Con #1
No Stop Loss guarantee
1,0
Focus on begin and mid-level
2,0
Con #2
Only CFD and forex
1,0
No news integration
1,0
Con #3
No spread betting
1,0
Still operates dealing desk
1,0
Summary Score
1,58
1,75
General Average Rating - 3 scale
General Average Rating - 3 scale
1,90
2,16
Broker links