logomark Filippo Ucchino calendar Last Updated: November 2021 timer 20 min read
Security 96
Cost 71
Trading 100
Education 73
Rated: Excellent
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At InvestinGoal, we adhere to strict standards to ensure an unbiased review process. We conduct our reviews by examining each broker’s offering and performance across 4 key categories. A final rating is produced for each forex broker based on a total of 187 data points. Learn more about our review process and methodology.

Founded in 2008, is a well-regulated broker with oversight from the FCA, CySEC, FSCA & BVI in place. The broker is also publicly listed on the London Stock Exchange. operates 5 offices around the world and is particularly well-known to African traders.

In this review, the InvestinGoal team has taken a deep dive into what the broker offers including their costs, trading platforms, and educational infrastructure to help you get to know more about

The core strengths of the broker include:

  • Low minimum deposit
  • Spreads from 0 pips
  • Real assets and CFDs available
  • Over 2,000 CFD assets
  • Well-regulated

There are thousands of assets to choose from at For this reason, the broker offers a demo account where you can get to know more about the features and assets they provide.


79% of retail CFD accounts lose money

Our Opinion Summary: Who is suitable for? is a market maker broker that offers more than 2000 assets and specific accounts for CFD trading in forex and other assets including real stocks. They have more than 10-years experience and physical presence around the world. They provide a limited account choice but great range of base currencies and a competitive floating spread from 0.6 pips.

As with most top brokers, negative balance protection, the use of segregated accounts, and insurance for UK and EU traders are all provided. As well as a forex account you can opt for a spread betting, or investing account and the list of base currencies includes EUR, GBP, USD, AUD, ZAR, CHF, DKK, NOK, PLN, and SEK which can save on conversion fees. The average spread works out at around 1 pip typically though it is worth noting inactivity fees can get high.

Downsides and Advantages to consider before starting


Starting with some of the downsides related to the broker, they do only have a limited range of account types available including just the Standard, and Islamic account type if you are a retail trader. This also has an impact as a scalper since they don’t offer a Zero account type and the spread doesn’t get lower than 0.6 pips.

Furthermore, they don’t provide any kind of educational section, and their research offering is very limited. Both are surprising for a major broker, and definitely points to keep in mind.


There are also several advantages to touch on when trading with the broker. They are one of the few brokers to offer both bonds, and blends so if you want to trade these asset types, will be ideal. This extends to the point that they generally offer a great selection of assets across all types. including these, crypto, commodities, ETFs, and more.

You can also take advantage of the broker strategy builder feature that allows you to build your own new trading strategies, or choose from some that have been pre-built.

Pros and Cons: a summary

The below table will help you track some of the key pros and cons in different broker areas: offer Pros Cons
Demo Account Unlimited n/a
Minimum deposit There are 10 base currencies so you probably won’t pay conversion fees It’s a little bit higher than the industry average: $100
Forex 65+ currency pairs
spread starts from 0.6 pips
No zero spread account available
Stocks 2000 shares, you can buy them as real Commissions with the Investing account are a bit high
Spread betting Good amount of tradable assets No cons
Islamic account No fee charged as replacement to the rollover fee Some assets may not be available for this account Forex Trading

Trading forex at you will find a great range of more than 65 currency pairs that are available to you. This puts them in a strong position relative to other brokers with fewer assets available. The spread too is competitive for retail traders from 0.6 pips with an average of 1 pip on major pairs like the EUR/USD.

Overall then, with an excellent range of pairs available, and very competitive spreads, this can be a great broker choice for you trading forex.


  • Very competitive spreads starting from only 0.6 pips
  • There is a huge range of tradable assets to choose from


  • They do not offer a zero spread account, though the spread remains low regardless Stock trading

Stocks are a priority area for the broker where they offer more than 2000 real shares to trade from around the world. In fact, these make up the majority of assets on offer with the broker and is a great place to get started if you are interested in stock trading.

Stocks from companies and markets in the US, EU, UK, and Australian exchanges are all available through the Investing Account (Marketsi) with competitive commissions from 0.1% on EU (French, German, and Spanish) shares with a 10 EUR minimum, 0.1% also on UK Shares with an 8 GBP minimum, 0.1% on Australian shares with an AUD10 minimum, and 2 cents per US share with a $15 minimum.

This is overall a very strong area for and one that is very accessible to check out and trade.


  • A very large number of shares are available to be traded
  • Offerings from all around the world are accessible here including US, EU, and Australia
  • the Investing Account (Marketsi) is completely dedicated to stockbroking


  • Commission on trading US shares starts rather high from $15 with the Investing Account Spread betting

You can engage in spread betting through This comes with a minimum $250 deposit, and it is possible to trade through a number of platforms. MT4, MT5, and the proprietary MarketsX platform all provide access.

The offering is available only to UK and Ireland residents but you have thousands of assets to trade on, and the fact you will not find this depth with many other brokers suggests spread betting is a good choice if that is your trading style.


  • The number of assets available for spread betting is much higher than that of other top brokers


  • No cons Islamic account

As an Islamic trader, you will be glad to know that an Islamic trading account with no rollover fees is available through and fully Shariah law compliant. Another plus here is that where some brokers charge a rollover replacement fee, there is no such charge with this broker. The only downside is that some of the great asset range may not be available with this account type.


  • A compliant Shariah law compliant swap-free account
  • There is no replacement fee charged instead of the swap fee


  • Not all assets are available to trade with the Islamic account


The starting point for our review is going to be one of the most important areas to look out for when you are starting to deal with any broker. That area is security. Now, knowing that this broker has been in operation for many years gives us insight into the fact that they are very well run in this sense. Let’s take a closer look at exactly how they protect traders at Security

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Foundation and Offices was created in 2010 and has been in operation more than a decade. They are the TradeTech Group, operating under the business name of and in fact, the parent company is a major company listed on the FTSE 250 exchange.

As an international operation, the broker currently has a number of physical locations around the world. These are as follows.


148 Strovolos Avenue, 2048,

Strovolos, P.O. Box 28132,
Nicosia, Cyprus

United Kingdom

11th Floor Broadgate Tower,
20 Primrose Street,
London, England, EC2A 2EW.


Level 32, 200 George Street,
Sydney NSW 2000,

South Africa

11a Umhlanga Centre,
189 Ridge Road, Umhlanga,
4320, South Africa.

British Virgin Islands

Ritter House, Wickhams Cay II,
Road Town, Tortola,
VG1110, British Virgin Islands.


The broker is regulated in several different jurisdictions for your protection as a trader. They operate under a few different entities within these jurisdictions, so for clarity, these are both the entities and the details regarding the regulation of each.

They are regulated by CySEC #092/08 under the entity named Safecap Investments Limited (“Safecap”). This entity is also regulated by the FSCA under regulation number 43906, and further by the FSCA as TradeTech Markets (South Africa) (Pty) Limited (“TTMSA”) under the number 46860.

In the British Virgin Islands, they are regulated by the BVI Financial Services Commission (SIBA/L/14/1067). Here they are operating as TradeTech Markets (BVI) Limited (TTMBVI).

The FCA in the UK regulates the broker trading as TradeTech Alpha Limited (“TTA”), under the number 607305, and finally ASIC under number 424008 regulate the broker where they operate as Tradetech Markets (Australia) Pty Limited.

Altogether what you can take from this is that regulation of the broker is both comprehensive and worldwide.

Money Protection

As a trader, you always want your funds to be protected. takes care of this in a number of ways. The first of these is by offering negative balance protection. This can be applied no matter where you are around the world, and means that you will never lose more than you deposit to your balance.

A further assurance is the fact all funds with are held in segregated accounts with top-tier financial institutions. This means you are protected if the broker enters any financial difficulty at all.

An additional measure in place to protect your funds in the event of bankruptcy or other financial issue is the insurance the broker provides to EU and UK traders. This provides up to £85.000 for UK traders and €20.000 for EU traders in the event of bankruptcy or insolvency.

Who can use is well regulated and offers services to most traders around the world. That said, there are some countries where it doesn’t operate and accept traders from. Here is a listing of a few such places.


  • The broker has an excellent physical presence in 4 continents, marking it out as a truly global operation
  • They are very well-regulated by 5 regulatory bodies which include some of the most respected in the industry
  • As a broker, they take excellent care of your funds, providing great all round security in this regard


  • Of the few countries where they are not available, this includes some major global markets

Costs and Accounts

The next important area of focus for our review is on the available account types you will encounter when trading at and some of the costs and fees that you may incur along the way.

The very first point of note is the convenience with which you can open a Standard Account. This requires no more than a copy of your ID, usually your passport, proof of your residence in the form of a utility bill or bank statement, and the answer to a few short questions on your trading knowledge. From there you should be all set to quickly complete verification, deposit, and start trading. Electronic verification is also catered for under ASIC and BVI regulation as well as in many EU countries or under the FCA for very fast processing to get your account open. Cost

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Account Types

Here are a few of the different account types you will find at and what you can expect from each account type.


A demo account is the first and best place to start as a trader new to the broker or the industry. This puts you in the position where you can test out the trading environment exactly as it is on a live account, but with no risk. Only virtual funds are used and you are under no obligation to deposit any money before or after this.

With you will find a demo account that is unlimited in the sense that it never expires. This is ideal if you are new to trading and the perfect chance to test strategy. The account will only expire if you are inactive for 90-days and it is very easy to sign up with just an email and password or you can log-in through Google, Facebook, or with an Apple ID. Standard Account (Marketsx)

The Standard Account is their most common offering and a popular choice among traders. This account type is available with a minimum deposit that starts from $100 and here you can trade more than 2000 assets as CFDs.

Both the MT4 and MT5 trading platforms are available, and with excellent spreads that remain very competitive from 0.6 pips on forex pairs. Investing Account (Marketsi)

This Investing Account (Marketsi) is a type of stockbroking account that facilitates your trading in EU, US, US, or Australian shares. The account makes both MT4 and MT5 trading platforms available and offers some excellent value in the sense that you don’t have to pay commission for your first three months. After that period, commission will be charged. This commission varies but commission on trading US shares starts from $15.

If you wish to open this account type with, then again the minimum deposit starts from $100. Spread Betting Account

If you are interested in spread betting then also has an account for you. As with the other account types mentioned so far, the minimum deposit is $250 for this account type, with trading done through MT4, and MT5.

You should note that spread betting is only available to UK and Ireland residents by regulation and that it literally consists of betting money on the increase or decrease of the asset price and associated spread. Islamic account

If you are an Islamic forex trader then you will be glad to find that also offers an Islamic trading account that is totally compliant with Sharia law. This means there is also no rollover fee charged on this account.

An added benefit here with the Islamic account is the fact that they do not impose any other fee to replace the swap fee. With that said, trading in some assets may not be available on this account type.

Professional Account

You can also avail of a professional account with This would see your leverage increased on forex trading to as much as 300:1 along with several other benefits. On the downside, moving to a professional account would mean you are no longer protected by the insurance mentioned previously which is for retail traders only.

In order to qualify for a professional account, you will also need to meet at least two of the following requirements:

  • Have made an average of 10 transactions of significant size per quarter in the past year
  • Possess a financial instrument portfolio of over €500,000 (in your bank or into the trading account)
  • Have relevant experience in the financial services sector

If you can meet two of these three requirements then you can qualify to open a professional account.

Account Base Currency

The base currency selection is good. They make a number of currencies available including the EUR, GBP, USD, AUD, ZAR, CHF, DKK, NOK, PLN, and SEK.

Having your own base currency available can be important and valuable as it will save you from incurring any conversion charges if your deposit currency is available as a base currency with the broker.


Here we will take a closer look at exactly which deposit methods are available with and what the minimum deposit is. Minimum deposit

The minimum deposit for both of its available retail account types is $100 or the equivalent which is also accepted in USD, EUR, GBP, or the other base currencies mentioned above.

Deposit Methods

When it comes to deposit methods, a variety are available. This includes wire transfer, major credit/debit cards from Visa and MasterCard, as well as eWallet deposits through Skrill, Neteller, or Paypal.

All of these deposit methods typically take between 1-2 business days to complete, though card and eWallet deposits may be much faster.

Deposit Fees

All deposits are usually fee-free. The only exceptions here will be if your own bank charges a fee for wire transfers, or if you are depositing a non-base currency and have to pay a conversion fee. This conversion fee is typically around 0.3% of the transfer value.


Here is a look at the various withdrawal methods and minimum amounts in place with the broker.

Withdrawal Methods

The withdrawal methods that you can access are all the same as the deposit methods. This means that wire transfer, credit/debit cards, and eWallets are all facilitated for a withdrawal. This process again will usually take between 1-2 business days.

Withdrawal Fees

With you will find that there are no fees associated with withdrawals. The minimum withdrawal amount from the broker is $5.

Spreads & Commissions offers a floating spread only. These typically start from a lowest point of 0.6 pips. This is slightly above the industry average but still representing excellent value, though there is no account type available with zero or lower spreads. Commission is only charged for stock trading through the Marketsi account.

Here is a listing of some sample spreads from commonly traded assets at

  • EUR/USD – 6 pips
  • SPX500 – 5 pips
  • Gold – 3 pips
  • Bitcoin – 50,0 pips
  • US Shares – 20 pips


There are a couple of other fees which you may need to account for when trading at Here is a closer look at exactly what they are.

Overnight Fees

The overnight fee is common among every broker and charged on almost all assets at as they are CFDs. This fee is one you incur if you are holding positions open overnight and it is charged at the closing time of the markets you are trading. Since it is a fee that is often changing, you can view more precise details on it through your trading platform or the broker website.

Inactivity Fees

A inactivity fee is charged. This fee begins to be charged after 3 months of inactivity and is $10 per month. Also, if the equity of your account goes below $100, the broker reserves the right to possibly close your account.


  • The registration process is very fast and you could be trading very quickly after verifying your account
  • The demo account is unlimited This makes it an ideal starting point for new traders
  • A great selection of 10 base currencies is available


  • The account choice is quite limited for a major broker
  • The spreads are slightly above average with no account type or assets that start with a zero spread
  • Inactivity fees with the broker are high when compared with others in the industry


Now that you have gotten to grips with opening your account and getting started. Here is a more detailed look at the trading experience and what you can expect once you do start trading at Trading

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Trading Features

These are some of the most important trading features that you will encounter and should know about in detail when you begin trading with

Executions is a market maker broker. This means they take the prices they receive from the liquidity providers and use them to set their own prices. Although this technically makes them a counterpart to your trading, it does allow a good degree of flexibility on things such as trading cost.


The minimum trade you can make at is 1 micro lot. This is also equal to 0.01 standard lots, or a cash value of $1,000. With leveraged trading you can also reduce this minimum amount substantially.


When it comes to trading techniques allowed at, you will be pleased to know that both scalping and hedging are permitted. You can also utilize the MetaTrader EAs feature to copy or code your own trading strategies. The use of a VPS is not allowed at this time, though traders from the UK and Ireland can all engage in spread betting if they wish through the dedicated account type.

Risk Management

Risk management is of course vital for all traders to know and employ when engaged in any form of trading. facilitates this risk management through the features offered on their trading platform as well as MT4 and MT5. These platforms allow for the setting of stop losses, take profits, and trailing stops to protect your active positions, as well as limit orders to control the entry position of new trades. The broker also utilizes margin calls which let you know when your equity reaches a certain point.

Trading Hours

These are the hours during which markets are available to trade. When it comes to forex, this time is 24/5 on a Monday to Friday, the commodities market is much the same though they take a one hour break between days, and the crypto market is open for trading 24/7. Trading on indices and stocks follows the local hours of that market, and blends trading depends on the individual instrument.


The leverage available will really depend on the country from which you are trading since they are regulated in various regions. With that said, the maximum available leverage in each area is 30:1 in the UK, EU, and Australia, according to the ESMA and ASIC regulations (an exception is made here for professional traders who can access 300:1 leverage). In South Africa, the maximum leverage available is 100:1, while in every country regulated by the BVI, this leverage can reach 300:1.

Platforms & Mobile

The available trading platforms and mediums are a vital aspect of any top forex broker. This is no different with Here is what they have to offer when it comes to trading platforms.

Charting and Trading tools

The charting tools and indicators who can access through the broker are many. These mainly come from the MetaTrader trading platforms which are very much renowned for being detailed in this respect. These, together with the proprietary platform provide for a total of 51 charting indicators, and 31 drawing tools to assist you in creating the most detailed, customizable trading environment possible. You can further enhance this experience by utilizing the one click trading directly from the charts and opting to receive the price alerts that are available.

MetaTrader 4

MT4 is well recognized as likely the best trading platform ever released. Even after many years, it still remains one of the most powerful and popular trading platforms of choice for most traders. It is secure and well-encrypted, lightweight, and highly customizable. While it may not be the most attractive of platforms, it is certainly highly functional, robust, and easy to understand.

The trading platform can run on almost any machine, has more than 50 charting tools and indicators available to create a completely customizable experience and also caters very well for auto trading through EAs. With you can access MT4 on desktop, mobile, or tablet as well with iOS, Android, Windows, or Mac as well as running it in browser through the webtrader.

MetaTrader 5

MT5 brings to the table all of the top-level functionality that you have with MT4. The only areas that are changed and enhanced here are that you will have access to even more indicators and more pending order types. The market depth charts and ordering capability are also enhanced to display as many as 21 total timeframes for the most detailed trading experience.

Again with MT5 and, you can access it either through the webtrader or on mobile and it is compatible with both Windows and Mac computers as well as iOS and Android mobile and smart devices.

MarketsX Trading Platform also offer their own proprietary trading platform. This is the very user-friendly MarketsX trading platform that is available as a webtrader. This trading platform is very intuitive and has a range of similar features as you would find with both MT4 and MT5. The platform can be used as a multi-asset platform where you can trade a variety of markets. As an additional feature you can also utilize expert advice and analysis provided directly from the platform.

This platform is an excellent additional and alternative to the already positive platform offering from Mobile Platform in addition to having MetaTrader platforms available on mobile, also have their own mobile trading platform which provides yet another positive, user-friendly experience for traders. This includes a very fast execution, informative trade alerts, and the ability to manage your account on the move with ease including making deposits and withdrawals. Again it is a light option which is easy to run yet comprehensive in what it achieves and is available on mobile and smart devices through both Android and iOS.


More than 2200 assets in total. Common markets like forex, commodities, indices and stocks, plus less common markets such as Blends and Bonds.

Forex provides for trading in more than 65 currency pairs including major, minor, and exotic pairs. Here the spread starts from a minimum of 0.6 pips with no zero spread account available.


The broker offers more than 20 commodities for trading. This includes a variety of metals, energies, and agricultural commodities. The spread here starts from a very low 0.3 pips on gold.


When it comes to indices trading, there are more than 40 major markets available from all over the world. These include major indices from the US, UK, and around both Europe and Asia.


Excellent choice is provided in trading stocks at More than 2,000 shares are available from all kinds of companies on the US, UK, and EU stock markets.


There are more than 50 ETFs available to be traded at Again these are available starting at a very competitive spread.


A total of 6 cryptocurrencies are available for trading at as CFDs. This selection includes Bitcoin futures, Ethereum, Ripple, and several other major crypto markets.


Four bonds are available for trading at This includes the UK, UK, and German bonds, and represents the great variety of markets available since bonds are not too commonly offered by many brokers.


There are more than 20 blends available for trading with A blend is something that closely resembles an ETF, but in an unofficial capacity. It is essentially a basket of assets that you invest in collectively. These blends are typically all stocks, and are put together by the broker.


Here are some additional products that you may come across when you get started trading at Strategy Builder

The strategy builder is a very unique product which allows you to select for yourself the sector you wish to invest in that meets your needs. You can then choose a pre-built strategy based on your choices, or create your own. Here you can also ask the advice of the broker experts in crafting the best strategy to meet your needs. This product is available if you are trading stocks on a Marketsi account.

Social Trading – Copy Trading

When it comes to social or copy trading, these are not available through The only form of copy trading that you could engage in is to apply EAs in MetaTrader that you have taken from other traders in the wider community. This is permitted by the broker.


  • The broker provides for a strong range of trading platforms to choose from
  • There is a wide range of markets and more than 2,000 assets available Something to fit the needs of every trader


  • There are no nano lots available to trade Micro lots are the smallest you can trade
  • The leverage for those outside ESMA and the EU is relatively low compared to some others
  • provides no social or copy trading features

Education and Support

Rounding up our review, we will take a more detailed look at two key areas for any broker. These are the education facilities on offer, and the support you receive when you are trading with that broker. Let’s take a look at how measures up in this respect. Support

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With, a total of 9 languages are supported through their website. This includes a good selection of European languages and Arabic is also available. This is fewer than some major brokers, but likely still enough to satisfy the majority of traders.


A research section is something that the broker unfortunately does not have at the moment. This could certainly be a negative point particularly if you are a trader who wants to do some of your own research. There are however, a number of pre-built strategies and some advice available from the in-house team of market experts which may work to satisfy the needs of many.

Customer Service

When it comes to customer support this is well provided for. First off, you will have access to a basic FAQ section on the brokers website that provides useful information on simple functions of getting started like making deposits, withdrawals, and basic trading questions.

If you still have questions then these will be quickly answered by the support team who are available through website-based live chat, phone, or email, and in a total of 7 languages including English, French, Spanish, Italian, German, Bulgarian, and Arabic.


A big miss, and something surprising is that do not cater for an education section. This is surprising for such a major broker and is definitely a loss for traders who are looking to learn, develop, and grow in the sector. Luckily, there are still many third-party resources offering top-quality education that you can take advantage of at any time no matter the broker you are trading with.


  • Customer service with is available in 7 languages This is excellent for international traders


  • They feature a very limited research section which could also limit your ability to acquire market knowledge on some areas
  • They completely lack an education section This is a big loss and surprising for a major forex broker of their size FAQs

Is safe, legit and a good broker?

Yes, is very well-regulated by 6 of the most respected regulatory bodies in the world, and has offices in 4 continents. They also offer excellent value to their traders on many markets.

What is a Market Maker forex broker?

A Market Maker is a broker that has an internal market with its own pricing. Market Makers will be the counterpart to all of your trades whether you are buying or selling.

Are Market Maker brokers dealers?

Yes. Pure Market Maker brokers have a Dealing Desk.

What is the difference between a broker and a dealer?

A broker is an entity that executes the orders of its customers connecting them with the international markets. Dealers, on the other hand, are both the buying and selling counterparts who are operating their own internal markets.

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About the Author

Filippo Ucchino

Co-Founder - CEO - Broker Expert
Filippo is the co-founder and CEO of He has 15 years of experience in the financial sector and forex in particular. He started his career as a forex trader in 2005 and then became interested in the whole fintech and crypto sector.
Over this time, he has developed an almost scientific approach to the analysis of brokers, their services, and offerings. In addition, he is an expert in Compliance and Security Policies for consumers protection in this sector.
With InvestinGoal, Filippo’s goal is to bring as much clarity as possible to help users navigate the world of online trading, forex, and cryptocurrencies. Review

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Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Your capital is at risk. The present page is intended for teaching purposes only. It shall not be intended as operational advice for investments, nor as an invitation to public savings raising. Any real or simulated result shall represent no warranty as to possible future performances. The speculative activity in forex market, as well as in other markets, implies considerable economic risks; anyone who carries out speculative activity does it on its own responsibility.
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