Beware! is an offshore broker! Your investment may be at risk.


Don’t put all your eggs in one basket. Open trading accounts with at least two brokers.


The website advises us to trade only through reliable brokers. Precisely because this is good advice you should never trade through the This website illegitimately uses the name of a legitimate company to scam inexperienced people out of their money.

In this review, we will show you why  is not a legitimate financial services provider and how to do a fact check before choosing a broker. Regulation and safety of funds

Guaranteed FundsSegregated AccountsNegative balance protection
UK regulated brokers£85 000YesYes
EU regulated brokers€20 000YesYes
AU regulated brokersNoYesYes
US regulted brokersYesYesNo

The most important information about a financial services provider is its regulatory status. Licensed brokers provide detailed information about which company runs them, where it is based, which jurisdictions it is authorised in and which regulatory bodies oversee its activities.  claims to represent Tradelink Worldwide Limited, a company based and regulated in the United Kingdom.

However, a check of the UK financial regulator’s database, the Financial Conduct Authority (FCA), shows that this company operates through a different domain from that of  –

When choosing a broker through which to invest in the financial markets, you should not only make sure that all the information required by law is available, but also that this information is true. Always check that the company is indeed on the records of the specified regulator and that the domain used is among those officially approved for the particular broker. is also available in Russian. This has attracted the attention of the Bank of Russia, which has blacklisted the website.

If you want to trade on financial markets without being scammed, you can turn to some of the legitimate brokers that actually operate from established financial hubs like the UK. These brokers have to meet stringent requirements for financial stability and transparency of operations imposed by the Financial Conduct Authority (FCA).

They must provide clients with negative balance protection and to participate in a guarantee fund that covers up to GBP 85,000 of a client’s investment should the broker go into insolvency. These brokers are also required to keep their clients’ money segregated from their own operating funds in separate bank accounts. Trading software

Analytical toolsAuto tradingCustom indicatorsMobile apps platform
MT430+ indicatorsAndroid and iOS
MT550+ indicatorsAndroid and iOS
cTrader40+ indicatorsAndroid and iOS promises the popular trading software MetaTrader 5 (MT5), but after registering an account we get access to a web trading platform that is not MT5 and has much more limited functionality.

It should be noted that the presence of some kind of trading software is no guarantee that this is a genuine broker. Financial scammers often use rigged trading platforms to fool their victims that their money is actually being invested. However, this trading is entirely fictitious and the money goes directly into the scammers’ pockets.

It is advisable to contact one of the many legitimate brokers that offer MT5 or the still very popular MT4. These platforms have established themselves as leaders because they offer a wide range of features, including a wide variety of options for customization, multiple account usage, designing and implementing custom scripts for automated trading and backtesting trade strategies. Trading instruments

FXTMYesYesYesYesYes offers trading in all major asset classes, including cryptocurrencies. The latter is further evidence that is not in fact a licensed broker based in the United Kingdom. The FCA does not permit local brokers to offer crypto derivatives trading to retail customers. Spreads and cost of trading

Spread EURUSD3.40.611.1
Spread GBPUSD3.
Spread USDJPY3.

In the trading platform, we see a spread of over 3 pips, which is double the industry average. In addition to this, the trading account descriptions list a very high commission of 12 EUR, without specifying whether it is per lot or per round turn. Even if were offering real trading, it would be extremely unprofitable. Maximum leverage

UK regulated brokers30:15:110:110:1
EU regulated brokers30:15:12:110:110:1
AU regulated brokers30:15:12:110:110:1
US regulated brokers50:1 offers leverage up to 1:200, which is yet another proof that we are dealing with a scam. The FCA, like EU regulators, limits leverage to 1:30 for trading in major currency pairs and even lower levels for more volatile assets.

Regulated brokers offer higher leverage only to professional clients who must meet very high standards for capital and experience and forgo the guarantees enjoyed by retail traders.

If you don’t qualify as a professional trader but are willing to take the risk of high-leverage trading, the most viable option is to use the services of an offshore affiliate of an established brand. Deposit and withdrawal methods

Deposit timeWithdrawal timePrice
Crypto24 hours24 hoursFee depends on crypto only allows the deposit of funds with cryptocurrencies. This is typical of financial scammers. Cryptocurrencies are their payment method of choice because on the one hand they allow the scammer a degree of anonymity, and on the other hand they do not allow the scammed to ask for a refund.

While there are some legitimate brokers that accept digital currencies like Bitcoin, they do so alongside other transparent payment methods such as credit/debit card, bank transfer or popular e-wallets like PayPal, Neteller or Skrill. Minimum deposit

Minimum deposit$250$5$10$5 specifies a minimum deposit of 250 USD, which is the industry standard. But this means that for the same amount you could open a trading account with an established and duly licensed forex broker. Some of the leading brands in the industry offer Micro and Cent accounts with a very low entry threshold that are suitable for novice investors. Withdrawal requirements

Trading volumeFee/Tax on withdrawalMinimum withdrawal
Worldwidetrade.ioNot specified$30$300
UK regulated brokersNoNoNo
EU regulated brokersNoNoNo
AU regulated brokersNoNoNo
US regulated brokersNoNoNo  states that it charges a whopping withdrawal fee of 30 USD if the withdrawal amount is less than 300 USD. Apart from this there is an inactivity fee of 10 USD per month. With scammers like, you can expect other hidden fees and extortionate terms to prevent you from withdrawing your money.

Top Forex Brokers

BrokerCountryRatingMin. DepositWebsite
US4.99/5$50 Click for a special offerWebsite

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