Best Swedish Brokers
Best Swedish Brokers Table of Contents
- Swedish Brokers: Unlocking Opportunities in the Financial Markets in Sweden
- What is a Swedish broker, and how do they operate?
- What are the central regulatory bodies overseeing Swedish brokers?
- What services do Swedish brokers offer to their clients?
- How do Swedish brokers handle customer funds and ensure security?
- What types of investment products can be traded through Swedish brokers?
- What are the fees and commissions associated with using a Swedish broker?
- How do Swedish brokers compare in terms of customer support and assistance?
- What are the minimum deposit requirements to open an account with a Swedish broker?
- What trading platforms or software do Swedish brokers provide?
- Can non-Swedish residents open accounts with Swedish brokers?
- Are there any specific tax implications when using Swedish brokers?
- How do Swedish brokers handle order execution and trading transparency?
- What is the process for opening an account with a Swedish broker?
- How do Swedish brokers ensure compliance with anti-money laundering (AML) regulations?
- Are there any restrictions or limitations on trading with Swedish brokers?
- What is Swedish brokers' reputation and track record in the industry?
- Do Swedish brokers provide any educational resources or tools?
- How do Swedish brokers handle corporate actions such as dividends or stock splits?
- What is the process for withdrawing funds from an account with a Swedish broker?
- Can Swedish brokers provide their clients with research reports or market analyses?
- How do Swedish brokers ensure a secure and user-friendly platform trading experience?
- What are the advantages of trading with Swedish brokers compared to other international brokers?
- What measures do Swedish brokers take to educate and empower their clients in making informed trading decisions?
- How do Swedish brokers ensure transparent and efficient order execution for their clients?
- Our Verdict on Swedish Brokerages
- Best Swedish Brokers List Compared
Swedish Brokers: Unlocking Opportunities in the Financial Markets in Sweden
Swedish brokers have gained significant recognition in the financial industry, offering a broad range of services to traders and investors. Whether you are an experienced trader or just starting, understanding the role of Swedish brokers and the benefits they provide is essential for success in the financial markets. Trading CFDs with a Swedish broker use leverage which is a high risk, and traders risk losing money rapidly.
What is a Swedish broker, and how do they operate?
Swedish brokers are financial intermediaries that facilitate the buying and selling of various financial instruments in the Swedish market. They act as intermediaries between retail investors and the financial markets, providing access to various investment products. Swedish brokers operate through online platforms, allowing investors to trade stocks from their homes or offices. These platforms provide the following:
Real-time market data.
Order execution capabilities.
Free trading signals.
Various tools for analysis and decision-making.
Swedish brokers facilitate forex trading and offer a range of financial services. These can include trading in other financial instruments, such as stocks and commodities, providing traders with diverse investment opportunities. Traders can access stock markets like the Stockholm Stock Exchange and explore various investment platforms to diversify their portfolios.
What are the central regulatory bodies overseeing Swedish brokers?
Sweden's main regulatory body overseeing brokers and financial markets is the Swedish Financial Supervisory Authority. The authority is responsible for the risks involved in ensuring the integrity and stability of the Swedish financial system.
When selecting a Swedish broker, traders should consider several factors. First and foremost, choosing a reputable forex broker that is regulated to operate in the industry is essential. Swedish forex brokers are subject to regulations implemented by the CySEC (Cyprus Securities and Exchange Commission) and adhere to the guidelines outlined in the European Union's Financial Instruments Directive (MiFID II). Compliance with these regulatory frameworks ensures a certain level of protection for traders' funds and enhances the overall integrity of the forex market.
What services do Swedish brokers offer to their clients?
Swedish brokers extend a diverse array of services to meet the requirements of their clients. These include facilitating the trading of various financial instruments such as stocks, bonds, exchange-traded funds (ETFs), options, futures, and foreign currencies. They also provide access to international markets, allowing investors to trade globally. Swedish brokers often offer different trading accounts, including individual and corporate accounts and specialized accounts for retirement savings or education funds. They may also provide research reports, independent financial advice, market analysis, and educational resources to assist clients in making informed investment decisions.
How do Swedish brokers handle customer funds and ensure security?
Ensuring the security of customer funds is a top priority for Swedish brokers. They employ various measures to safeguard client funds and maintain the trust of their customers. One such measure is the segregation of client funds from the broker's mutual funds, which helps protect clients' assets in the event of the broker's insolvency. Swedish brokers must also comply with strict regulatory guidelines regarding capital adequacy and risk management. They often partner with reputable banks to hold client funds in segregated accounts, providing additional protection.
What types of investment products can be traded through Swedish brokers?
Swedish brokers offer investment products catering to different investor preferences and risk appetites. These products include stocks, bonds, ETFs, options, futures, foreign currencies, and other derivatives. Swedish brokers also provide access to forex trading, which involves trading currencies in the global foreign exchange market. Forex trading is prevalent among Swedish traders, given the liquidity and 24-hour nature of the forex market. Additionally, some brokers in Sweden offer access to investment funds such as mutual funds and other managed portfolios.
Also, Swedish brokers specialize in facilitating forex trading, offering access to the global currency market and actively traded currencies. An international forex broker allows traders to participate in the most liquid and dynamic the financial market worldwide.
What are the fees and commissions associated with using a Swedish broker?
Fees and commissions charged by Swedish brokers vary depending on the type of trade stocks, the amount of transaction, and the specific broker. It is crucial for investors to carefully review the fee structure before choosing a broker. Common fees include transaction fees, which are charged for each trade executed, and custody fees, levied for holding assets in the investor's account. Some brokers may also charge account maintenance or inactivity fees if the account remains dormant for an extended period. Investors should compare the fee structures of different brokers to find the most cost-effective option that suits their investment needs.
How do Swedish brokers compare in terms of customer support and assistance?
Swedish brokers generally strive to provide excellent customer support and assistance to their clients. Recognizing the significance of addressing customer inquiries, delivering prompt service, and effectively resolving potential concerns, they prioritize meeting these aspects. Swedish brokers often also offer financial services through various communication channels, such as phone support, email support, and live chat services. They also provide comprehensive web FAQ sections and educational materials to help clients navigate their trading platforms and understand various investment products. When choosing a broker, it is beneficial to consider the quality of customer support and the responsiveness of the broker's support team.
What are the minimum deposit requirements to open an account with a Swedish broker?
The minimum deposit necessary to open an account with a Swedish broker can fluctuate based on the broker and the account type chosen. Different brokers may have different minimum deposit thresholds, ranging from modest to more significant sums. Retail investor accounts typically have lower trading fees and minimum deposit requirements than institutional or professional accounts. When selecting a broker, it is essential to consider the minimum deposit requirement per brokerage account, ensuring it aligns with your investment budget and objectives.
What trading platforms or software do Swedish brokers provide?
Swedish brokers provide their clients with trading platforms or software that facilitate the execution of trades and provide access to market data and analysis tools, including MT4, MT5 and cTrader. These trading tools and platforms are designed to be user-friendly and offer various features to cater to different trading styles. Some brokers may offer proprietary trading platforms developed in-house, while others provide popular third-party platforms widely used in the industry. These platforms often include features such as real-time market data, customizable charts and indicators, order placement and management tools, and mobile trading capabilities.
Can non-Swedish residents open accounts with Swedish brokers?
Yes, non-Swedish residents can typically open accounts with Swedish brokers. Many online brokers in Sweden accept clients from various countries, subject to specific regulatory requirements and restrictions. However, it is advisable to check with the broker to ensure they accept clients from your country of residence. Opening an account with an online broker as a non-Swedish resident may require additional documentation and verification procedures to comply with regulatory obligations.
Are there any specific tax implications when using Swedish brokers?
Swedish brokers may have specific tax implications depending on the investor's jurisdiction and the applicable tax laws. Investors need to understand the tax regulations in their country of residence and consult a tax professional for guidance. In Sweden, capital gains and dividends are typically subject to taxation, and investors may need to report their investment income and comply with relevant tax obligations. Swedish brokers may provide tax-related documentation or reports to assist clients in filing requirements.
How do Swedish brokers handle order execution and trading transparency?
Swedish brokers strive to provide efficient order execution and ensure client trading transparency. They employ robust technological infrastructure to execute client orders promptly and accurately. Swedish brokers typically offer access to multiple liquidity providers, including exchanges and other market participants, to ensure competitive pricing and efficient order routing. They also provide clients with order confirmation and trade execution reports, enhancing the transparency of trading strategy and enabling clients to track their trading activities.
What is the process for opening an account with a Swedish broker?
Opening an account with a Swedish broker usually involves a few straightforward steps. Initially, prospective clients of online brokers must complete an online application form providing financial and personal information. This information is necessary to comply with regulatory requirements and verify the client's identity. The online broker may also require supporting documents, such as identification proof and proof of address. Once the application is made, the broker will review and verify the provided information. Upon completing the verification process, the client will be notified and can proceed with depositing funds into their newly opened trading account.
How do Swedish brokers ensure compliance with anti-money laundering (AML) regulations?
Swedish brokers are legally obligated to comply with anti-money laundering (AML) regulations to prevent the misuse of their platforms for illicit activities. They implement robust Know Your Customer (KYC) procedures to verify the identity of their clients and monitor transactions for any suspicious or unusual activities. Swedish brokers may require clients to provide identification documents, for example, passports or national identity cards, as part of the KYC process. By implementing these measures, brokers can mitigate the high risk of money laundering and protect the financial system's integrity.
Are there any restrictions or limitations on trading with Swedish brokers?
Swedish brokers operate within the framework of regulatory guidelines, which may impose certain restrictions or limitations on trading activities. These restrictions can differ depending on the type of financial instrument, investor classification, or jurisdictional considerations. For example, specific complex instruments trading ideas such as derivatives may be subject to specific qualification requirements or higher margin obligations. Investors must familiarize themselves with the applicable regulations and understand any restrictions or limitations imposed by the broker or regulatory authorities.
In addition, while leveraged products can amplify potential profits, it is essential to note that trading leveraged products carries inherent risks. Forex traders must know they can also incur losses rapidly, especially when trading with high leverage. It is crucial to approach leveraged trading cautiously, using appropriate risk management strategies.
What is Swedish brokers' reputation and track record in the industry?
Swedish brokers have earned a reputation for their commitment to financial integrity, high risk, and investor protection. Sweden has a well-regulated financial market, and Swedish brokers are subject to stringent regulatory oversight. The Swedish Financial Supervisory Authority (Finansinspektionen) ensures brokers' fair and transparent operation in Sweden and global markets. While the reputation and track record of individual brokers may vary, Swedish brokers, as a collective, are generally considered reliable and trustworthy in the industry.
Do Swedish brokers provide any educational resources or tools?
Swedish brokers often provide educational resources and tools to empower their clients with knowledge and enhance their trading experience. These resources may include articles, tutorials, webinars, and educational videos covering various topics such as trading strategies, technical analysis, risk management, and market insights. Additionally, brokers may offer a demo account best trading platform that allows clients to practice trading with virtual money without risking real funds. These educational resources and tools are designed to help clients develop their trading skills, make informed investment decisions, and navigate the financial markets effectively.
How do Swedish brokers handle corporate actions such as dividends or stock splits?
Swedish brokers play a vital role in managing corporate actions, for example, dividends or stock splits, on behalf of their clients. Swedish brokers ensure eligible shareholders receive a dividend in their stock trading accounts when a company announces it. Similarly, when a stock split occurs, brokers adjust the number of shares their clients' stock trading holds accordingly. Swedish brokers generally have robust and established procedures and systems to ensure seamless and efficient management of corporate actions. It enables clients to reap the benefits of these events promptly and accurately.
What is the process for withdrawing funds from an account with a Swedish broker?
The process for withdrawing funds from an account with a Swedish broker is typically straightforward. Clients can initiate a withdrawal or bank transfer request through their trading platform or by contacting the broker's support team. The broker may require clients to provide specific details, such as the withdrawal amount and preferred withdrawal method. Standard withdrawal methods include bank transfers and electronic payment systems. Once the withdrawal or bank transfer request is received, the broker will process the request and transfer the funds to the client's designated bank account. It is important to note that some brokers may have certain withdrawal restrictions or processing times, so clients should review the broker's terms and conditions regarding fund withdrawals.
Can Swedish brokers provide their clients with research reports or market analyses?
Swedish brokers often provide their clients with research reports and market analyses. These reports and studies can cover various topics, including market trends, company analysis, economic indicators, and investment strategies. Swedish brokers may employ in-house research teams or collaborate with external providers to deliver timely and insightful client reports. These research reports and market analysis tools can be valuable resources for clients seeking additional information and perspectives to support their investment decisions.
How do Swedish brokers ensure a secure and user-friendly platform trading experience?
Swedish brokers prioritize the security and usability of their trading platforms. They implement robust encryption protocols, firewalls, and multi-factor authentication to safeguard sensitive user information and transactions. Additionally, they offer user-friendly interfaces with intuitive navigation, advanced charting tools, and real-time market data. Swedish brokers ensure their clients a secure and seamless trading experience by continuously investing in technology and staying ahead of cybersecurity threats. Traders can confidently trade, knowing their personal information and funds are protected.
What are the advantages of trading with Swedish brokers compared to other international brokers?
Trading with Swedish brokers offers several advantages compared to other international brokers:
-
Swedish brokers have a strong reputation for regulatory compliance and investor protection. They are subject to strict regulations enforced by the Swedish Financial Supervisory Authority, ensuring transparency and integrity.
Swedish brokers provide access to actively traded currencies and diverse financial markets, offering a range of investment opportunities.
They offer competitive pricing, favourable trading conditions, and advanced trading platforms with powerful tools.
The commitment to customer support, security, and reliable execution makes Swedish brokers attractive to traders seeking a trusted and comprehensive trading experience.
What measures do Swedish brokers take to educate and empower their clients in making informed trading decisions?
Swedish brokers place great emphasis on educating and empowering their clients. They offer various educational resources, including comprehensive tutorials, webinars, and educational articles, to enhance traders' knowledge and understanding of the financial markets. Additionally, they provide access to research reports, market analysis, and trading tools to guide clients in making informed trading decisions. By equipping traders with relevant information and educational support, Swedish brokers empower their clients to navigate the markets confidently and develop effective trading strategies.
How do Swedish brokers ensure transparent and efficient order execution for their clients?
Swedish brokers prioritize transparent and efficient order execution for their clients. They leverage advanced trading technologies and infrastructure to ensure speedy and accurate order processing. Swedish brokers strive to minimize latency and slippage by utilizing robust trading platforms and connectivity solutions, providing traders with fair and reliable execution. Moreover, they maintain transparent order books and trade reporting systems, allowing clients to monitor their trades and ensure a transparent trading environment. Through their commitment to transparent and efficient order execution, Swedish brokers aim to enhance the trading experience and provide optimal conditions for their clients.
Our Verdict on Swedish Brokerages
Swedish brokers play a vital role in global markets, empowering forex traders and facilitating trading in Sweden and beyond. With their focus on offering competitive spreads, a range of trading platforms, and access to actively traded currencies, they have gained recognition as some of the best online brokers in the industry. By providing free demo accounts, educational resources, and tools, Swedish brokers support traders in their quest for success. However, traders must cautiously approach leveraged products and trading forex, seek independent advice, and develop sound risk management strategies.
Best Swedish Brokers List Compared
Featured Swedish Broker Trading Platform | Account Features | Trading Features |
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Used By: 180,000 Instruments Available: 232 Stocks Available: 2100 US Stocks: Yes UK Stocks: Yes German Stocks: Yes Japanese Stocks: Yes Indices: Yes Forex Pairs Available: 61 Major Forex Pairs: Yes Minor Forex Pairs: Yes Exotic Forex Pairs: Yes Minimum Deposit: 200 |
Platforms: MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac Negative Balance Protection: Inactivity Fee: No Losses can exceed depositsVisit |
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Used By: 200,000 Instruments Available: 1000 Stocks Available: 99 US Stocks: Yes UK Stocks: Yes German Stocks: Yes Japanese Stocks: Yes Indices: Yes Forex Pairs Available: 80 Major Forex Pairs: Yes Minor Forex Pairs: Yes Exotic Forex Pairs: Yes Minimum Deposit: 100 |
Platforms: Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5 Negative Balance Protection: Inactivity Fee: No 71% of retail CFD accounts lose moneyVisit |
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Used By: 10,000 Instruments Available: 100 Stocks Available: 10000 US Stocks: Yes UK Stocks: Yes German Stocks: Yes Japanese Stocks: Yes Indices: Yes Forex Pairs Available: 60 Major Forex Pairs: Yes Minor Forex Pairs: Yes Exotic Forex Pairs: Yes Minimum Deposit: 100 |
Platforms: MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps Negative Balance Protection: Inactivity Fee: No Losses can exceed depositsVisit |
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Used By: 10,000 Instruments Available: 50 Stocks Available: 0 US Stocks: No UK Stocks: No German Stocks: No Japanese Stocks: No Indices: No Forex Pairs Available: 65 Major Forex Pairs: Yes Minor Forex Pairs: Yes Exotic Forex Pairs: Minimum Deposit: 10 |
Platforms: MT4, MT5, Tablet & Mobile apps Negative Balance Protection: Inactivity Fee: No Losses can exceed depositsVisit |
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Used By: 250,000 Instruments Available: 4000 Stocks Available: 1696 US Stocks: Yes UK Stocks: Yes German Stocks: Yes Japanese Stocks: Yes Indices: Yes Forex Pairs Available: 57 Major Forex Pairs: Yes Minor Forex Pairs: Yes Exotic Forex Pairs: Yes Minimum Deposit: 0 |
Platforms: MT4, Mirror Trader, Web Trader, Tablet & Mobile apps Negative Balance Protection: Inactivity Fee: Yes 76% - 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Visit |
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Used By: 89,000 Instruments Available: 100 Stocks Available: 60 US Stocks: No UK Stocks: No German Stocks: Yes Japanese Stocks: No Indices: Yes Forex Pairs Available: 70 Major Forex Pairs: Yes Minor Forex Pairs: Yes Exotic Forex Pairs: Yes Minimum Deposit: 200 |
Platforms: MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps Negative Balance Protection: Inactivity Fee: Yes CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89 % of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your moneyVisit |
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Used By: 10,000,000 Instruments Available: 1000 Stocks Available: 160 US Stocks: Yes UK Stocks: Yes German Stocks: Yes Japanese Stocks: Yes Indices: Yes Forex Pairs Available: 55 Major Forex Pairs: Yes Minor Forex Pairs: Yes Exotic Forex Pairs: Yes Minimum Deposit: 5 |
Platforms: MT4, MT5, Mac, Web Trader, Tablet & Mobile apps Negative Balance Protection: Inactivity Fee: Yes CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77.74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.Visit |
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Used By: 20,000,000 Instruments Available: 2000 Stocks Available: 2042 US Stocks: Yes UK Stocks: Yes German Stocks: Yes Japanese Stocks: Yes Indices: Yes Forex Pairs Available: 50 Major Forex Pairs: Yes Minor Forex Pairs: Yes Exotic Forex Pairs: Yes Minimum Deposit: 50 |
Platforms: Web Trader, Tablet & Mobile apps Negative Balance Protection: Inactivity Fee: Yes 51% of retail investor accounts lose money when trading CFDs with this provider.Visit |
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Used By: 10,000 Instruments Available: 130 Stocks Available: 60 US Stocks: Yes UK Stocks: Yes German Stocks: No Japanese Stocks: No Indices: Yes Forex Pairs Available: 45 Major Forex Pairs: Yes Minor Forex Pairs: Yes Exotic Forex Pairs: Yes Minimum Deposit: 100 |
Platforms: MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps Negative Balance Protection: Inactivity Fee: No Losses can exceed depositsVisit |
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Used By: 142,500 Instruments Available: 200 Stocks Available: 52 US Stocks: Yes UK Stocks: Yes German Stocks: Yes Japanese Stocks: Yes Indices: Yes Forex Pairs Available: 150 Major Forex Pairs: Yes Minor Forex Pairs: Yes Exotic Forex Pairs: Yes Minimum Deposit: 100 |
Platforms: MT4, MT5, Web Trader, Tablet & Mobile apps Negative Balance Protection: Inactivity Fee: No Your capital is at riskVisit |
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Used By: 15,000,000 Instruments Available: 10000 Stocks Available: 1731 US Stocks: Yes UK Stocks: Yes German Stocks: Yes Japanese Stocks: Yes Indices: Yes Forex Pairs Available: 177 Major Forex Pairs: Yes Minor Forex Pairs: Yes Exotic Forex Pairs: Yes Minimum Deposit: 1 |
Platforms: Web Trader, Tablet & Mobile apps Negative Balance Protection: Inactivity Fee: No CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.Visit |
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Used By: 10,000 Instruments Available: 15000 Stocks Available: 1000 US Stocks: Yes UK Stocks: Yes German Stocks: Yes Japanese Stocks: Yes Indices: Yes Forex Pairs Available: 55 Major Forex Pairs: Yes Minor Forex Pairs: Yes Exotic Forex Pairs: Yes Minimum Deposit: 1 |
Platforms: Web Trader, Tablet & Mobile apps Negative Balance Protection: Inactivity Fee: No Losses can exceed depositsVisit |
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Used By: 10,000 Instruments Available: 148 Stocks Available: 64 US Stocks: Yes UK Stocks: Yes German Stocks: Yes Japanese Stocks: Yes Indices: Yes Forex Pairs Available: 40 Major Forex Pairs: Yes Minor Forex Pairs: Yes Exotic Forex Pairs: Yes Minimum Deposit: $100 |
Platforms: MT4, MT5, Mac, Web Trader, Tablet & Mobile apps Negative Balance Protection: Inactivity Fee: No Losses can exceed depositsVisit |
|
Used By: 300,000 Instruments Available: 100 Stocks Available: 0 US Stocks: Yes UK Stocks: Yes German Stocks: Yes Japanese Stocks: Yes Indices: Yes Forex Pairs Available: 150 Major Forex Pairs: Yes Minor Forex Pairs: Yes Exotic Forex Pairs: Yes Minimum Deposit: 1000 |
Platforms: MT4, MT5, ZuluTrade, Web Trader, Tablet & Mobile apps Negative Balance Protection: Inactivity Fee: No Losses can exceed depositsVisit |
|
Used By: 10,000 Instruments Available: 100 Stocks Available: 10 US Stocks: Yes UK Stocks: No German Stocks: No Japanese Stocks: No Indices: Yes Forex Pairs Available: 40 Major Forex Pairs: Yes Minor Forex Pairs: Yes Exotic Forex Pairs: Yes Minimum Deposit: 100 |
Platforms: MT4, MT5, Tablet & Mobile apps Negative Balance Protection: Inactivity Fee: Yes Losses can exceed depositsVisit |
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