Basic Information
Year Founded
2010
2007
Headquarters Location
UK via Playtech, Cyprus
Cyprus, Israel, UK
Publicly Traded (Entity or Parent)
YES
YES
Regulated?
YES
YES
Primary Regulator
CySEC
CySEC
Minimum Deposit
₹100
₹200
Fixed Spreads?
NO
NO
Trading Type
Dealing Desk, Market Maker
Market Maker, NDD, STP
Commissions on Trades
NO
YES
CFD Loss Rate
77% loss rate on CFDs
76% loss rate on CFDs
Maximum Leverage
1:30
1:30
Currency Pairs Offered
55
47
General Average Rating - 3 scale
1,90
1,68
Background
Year Founded
2010
2,5
2007
3,0
Headquarters location + Offices
UK via Playtech, Cyprus
2,5
Cyprus, Israel, UK
2,0
Publicly traded?
Owned by Playtech (Yes)
3,0
Private
1,5
Size Measure
Annual Revs > ₹1 million
2,0
Over 5 million accts
3,0
Summary Score
2,50
2,38
Regulatory Compliance
Regulated or unregulated?
YES
3,0
YES
3,0
Primary regulator
CySEC
2,0
CySEC
2,0
Multiple compliance
No FCA, ASIC, NZ, S Africa
2,0
FCA, ASIC, ESMA
3,0
Safety of Deposits
Cyprus cover, but offshore
2,0
Offshore, No crypto protect
1,5
Summary Score
2,25
2,38
Fees & Charges
Commissions, Fees & Charges
FX spreads higher than Avg
2,0
Spreads can widen
1,5
General
Hidden fees, some transparency
2,0
Overnight and weekend apply
1,5
Spreads
Vary by platform, confusing
2,0
High on average
1,5
Summary Score
2,00
1,33
Investment Products
Stocks - Breadth
2,000 items
2,0
Medium
1,5
Forex - Breadth
Average
2,5
47 pairs
2,5
Other: Comm, Crypto, Spread, CFD?
Limited to CFD and forex
1,5
Primary CFD, cryptos
2,0
Summary Score
2,0
2,0
Platform experience
MT4 or equivalant
MT4 offered but restricted
2,0
None, only proprietary
1,0
Proprietary options
Excellent Web-based platform
2,5
Single platform
1,5
Special Advanced?
Access/prices favor Web Platform
2,0
No streaming news
1,0
Summary Score
2,17
1,17
Special Features
Feature A
Social trading offered
2,0
Heavy focus on social trading
2,5
Feature B
Relative volume discounts
2,0
No volume discounts
1,5
Feature C
Limited high end capabilities
1,0
Loss protect only at high level
1,0
Summary Score
1,67
1,67
Research Tools/Guidance
Financial Commentary
Reasonable, improved
2,0
Minimal
1,0
Technical Anlaysis
Links confuse, favor Web system
2,0
Minimal
1,0
Other Guidance
No news feed on MT4
1,5
Social Trading
2,5
Summary Score
1,83
1,50
Education Support
Basic Library
Below average
1,5
Basic Minimal
1,0
Webinars/Support
Limited
2,0
Some access
1,5
General
77% loss rate on CFDs
1,5
76% loss rate on CFDs
1,5
Summary Score
1,67
1,33
Customer Support
Live Chat, Web, Tele, Offices
Limited, no tele #, email, chat?
1,0
No Live Chat, ticket system
1,0
Responsiveness
Delays
1,5
Average
1,5
FAQs? Quality?
Below average
1,5
Sufficient
2,0
Summary Score
1,33
1,50
General Pros & Cons
Pro #1
Social trading offered
2,0
Pioneer in social trading
2,5
Pro #2
Over 2,000 items offered
2,0
Good charting tools
2,0
Pro #3
Robust proprietary platform
2,5
Broad crypto coverage
2,0
Con #1
No Stop Loss guarantee
1,0
Poor education area
1,0
Con #2
Only CFD and forex
1,0
Poor cust service access
1,0
Con #3
No spread betting
1,0
Designed for low skill traders
1,0
Summary Score
1,58
1,58
General Average Rating - 3 scale
General Average Rating - 3 scale
1,90
1,68
Broker links