We don’t really know the account types offered by Sengela Trding Limited, however, through the demo account that we logged into, we were able to find out that the broker offers its clients a leverage of 1:100 and a spread of 2.7 pips, along with lots of $30 each.
Scam Brokers
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BitMaxTrade – Is It Safe?
Last updated: March 24, 2020, 8:01 am Scam BrokersWe were unable to find much information about the account types offered by BitMaxTrade. After going through this broker’s website, all we were able to understand is that it offers its traders a maximum payout of 85%, and its minimum deposit requirement is $250.
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Gfxroyal – Is It Safe or A Scam?
Last updated: March 24, 2020, 8:07 am Scam BrokersDespite searching through Gfxroyal’s website, we were unable to find any information on the leverage levels offered by this broker.
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TCO Trade – Is it a Scam?
Last updated: March 24, 2020, 8:08 am Scam BrokersBesides the fact that TCO Trade offers a leverage of 1:400, we don’t really know anything about its trading conditions. We don’t know how much the minimum required deposit is, we don’t know what the spreads offered are, or even what the other transaction costs are.
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AT-Markets – Is It a Scam?
Last updated: March 24, 2020, 8:08 am Scam BrokersThere is absolutely no information on AT-Markets’ website about the types of accounts it offers, or what its trading conditions are. Despite the fact that the website states that it has a demo account, we were unable to access it.
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BTS Markets – Is It Safe or a Scam?
Last updated: March 24, 2020, 8:09 am Scam BrokersThis broker has given very little information about its trading conditions. All we know is that BTS Markets offers its customers a single trading account, called the Standard account.
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DiamondFX – Is It a Scam?
Last updated: May 2, 2023, 8:12 am Scam BrokersDiamondFX offers its clients 5 different account types for trading: Bonze, Silver, Gold, Platinum, Diamond. The broker states that to start trading on a Bronze account, you only need to make a minimum deposit of $10.
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AxnFX – Is It Safe?
Last updated: March 24, 2020, 8:12 am Scam BrokersThe leverage offered for all three accounts is 1:400, which is quite advantageous for the trader. However, we do not have any other information about the trading conditions AxnFX offers
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Werforex – Is It Safe?
Last updated: March 24, 2020, 8:17 am Scam BrokersWeforex offers its clients the use of the MT4 (MetaTrader 4) trading platform, which we feel is definitely a positive. The MT4 platform is the world’s most popular trading interface, with over 80% of traders using it to execute daily trades.
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FXonspot – Is It a Scam?
Last updated: March 24, 2020, 8:18 am Scam BrokersFXonspot offers its users the MT4 trading platform, which is a big plus. This platform is the world’s premier trading interface. This is because it is easy to use, both for novices as well as pros.