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is eightcap a good broker?
Rashid Yu
Samoa
2023-09-22
ANSWER On BrokersView, EightCap has a score of 7.5 out of 10. It is a regulated Forex and CFD broker that offers trading on over 800 CFD markets.It is marked as a platform under strict regulation, including by the Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC). According to the reviews from its customers, EightCap offers tight spread, fast withdrawal, and good customer support. The minimum deposit is $100, and traders are allowed to use scalping strategy. It also offers advanced charting, expert advisors, and custom signals through platforms like MT4 & MT5. It provides a tool called FlashTrader which allows traders to target multiple profits, calculate position size, and place stops and limits quickly.While many users have had positive experiences with EightCap, it's important to do your own research and consider your individual trading needs before choosing a broker. For more details about this broker, you can refer to our EightCap review.
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what is hycm
George Michael
Latvia
2023-09-22
ANSWER HYCM, is a provider of Forex and Contracts for Difference (CFD). The company has been a part of the investment industry since 1977. HYCM offers a broad spectrum of currency pairs for trading, with a maximum leverage ratio of 1:500. In addition to currency pairs, the company also facilitates trading in stocks, indices, cryptocurrencies, and commodities.HYCM provides various account types to suit various trading styles, including Fixed, Classic, and Raw. It works with MT4&5. To enhance the trading knowledge of its clients, HYCM provides educational resources.HYCM's customer service is accessible through various communication channels, including email and telephone. The response time on their live chat is usually quite fast, with someone typically available to assist within a minute.It is important to note that trading carries inherent risks and may not be suitable for everyone. Therefore, potential investors are advised to conduct thorough research before making any investment decisions. To get more information about HYCM, please refer to our HYCM review.
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is pepperstone regulated?
Christodoulos Johnson
Macao SAR
2023-09-21
ANSWER Yes, Pepperstone is regulated.Pepperstone is licensed and regulated by several financial authorities globally, which ensures that it operates under strict regulatory guidelines. The regulatory information is:1. Financial Conduct Authority (FCA) in the UK with license number 684312.2. Australian Securities and Investments Commission (ASIC) with license number 414530.3. Dubai Financial Services Authority (DFSA) in the UAE with license number F004356.4. Cyprus Securities and Exchange Commission (CySEC) for other EU & EEA clients, with license number 388/20.5. Bahamas Securities Commission (SCB) with license number SIA-F217.6. Kenya Capital Markets Authority (CMA) with license number 128.These regulatory bodies ensure that Pepperstone adheres to strict financial standards, including capital adequacy requirements. This high level of regulation helps to protect investors and traders by ensuring transparency and fairness in Pepperstone's operations.
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is hotforex legit/regulated
Peter Lynch
Norway
2023-09-20
ANSWER HotForex, presently known as HFM, is a globally licensed broker that operates under the strict supervision of multiple regulatory bodies. These include:1. The Cyprus Securities and Exchange Commission (CySEC), with license number 183/12.2. The Financial Conduct Authority (FCA), with license number 801701.3. The Mauritius Financial Services Commission (Mauritius FSC), with license number C110008214.4. The Seychelles Financial Services Authority (Seychelles FSA), with license number SD015.5. The Dubai Financial Services Authority (DFSA), with license number F004885.6. The Financial Sector Conduct Authority (FSCA), with license number 46632.7. The Kenya Capital Markets Authority (CMA), with license number 155.These regulatory authorities enforce legal compliance to safeguard investor interests. For example, UK-based accounts are required to maintain segregated client accounts and offer negative balance protection as standard measures. It's important to note that the specific regulatory authority overseeing your account may vary based on your geographical location.However, it is critical to note that the Malaysia Securities Commission (SC) has added HotForex to its Investor Alert List for carrying out unlicensed activities. If a broker receives a warning from a financial regulatory body, it is advisable for investors to reconsider its credibility due to the risks involved.
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is eightcap legit
Zhavis Soteriou
Sierra Leone
2023-09-19
ANSWER Yes, Eightcap is a legitimate broker. It is regulated by three regulatory bodies, including the Australian Securities and Investments Commission (ASIC), the Financial Conduct Authority (FCA), and the Securities Commission of the Bahamas (SCB). The company was founded in 2009.According to customer reviews on BrokersView, Eightcap has an excellent rating of 7.5 out of 10, with many users praising its tight spreads, excellent customer service, and easy withdrawal and deposit process.The minimum deposit is $100 USD, and the maximum leverage is 1:500. The broker supports multiple base currencies and account types, including Islamic accounts.However, it is always important to do your own research and consider your individual trading needs when choosing a broker. You can refer to our EightCap page for more details.
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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.