Global Broker Regulation Inquiry App
WikiFX
Broker
Rankings
Regulators
Prash_007
Within 1 year

How do the different account types provided by BRAC EPL compare to each other?

Broker Issues
BRAC EPL
Account
Leverage
Instruments
Platform
01-15
United States
WikiFX
Reply

In my experience as a trader, the account options provided by a broker can shape both accessibility and trading strategy. With BRAC EPL, however, the situation is quite constrained. From the information available, BRAC EPL does not appear to offer multiple account types in the way international brokers do. Their services are primarily geared towards equity trading—there’s no mention of forex, commodities, or other asset classes, and crucial features like demo accounts are notably absent. The brokerage emphasizes a set of services like retail and NRB brokerage, IPO application, and bKash-powered transactions, which are fairly standard for local equity brokers in Bangladesh but not aligned with the needs of diversified or high-frequency traders. For me, the absence of demo accounts stands out in particular because it means I can’t trial their platform or strategies risk-free before committing real funds. Moreover, the maximum commission fee—capped at 1%—is higher than what I’m accustomed to with more transparent, regulated brokers who often offer tiered discounts or zero-commission structures. What troubles me most, and would make me hesitant to build any serious trading activity here, is the complete lack of regulatory oversight. This adds substantial counterparty risk, as independent dispute resolution or funds protection measures are simply not present. Ultimately, for traders seeking robust account options and regulatory security, BRAC EPL falls short of global standards.

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com