99FX

The minimum deposit for 99FX isn’t explicitly listed on their website, which left me a bit unsure at first. From my experience, brokers generally have different minimum deposits for each account type, so I recommend contacting customer service for more details. However, I expect the minimum deposit to be somewhat reasonable based on the trading plans they offer.

The main downside, in my opinion, is the lack of regulation. I always weigh this heavily when choosing a broker, as regulated brokers provide a level of investor protection that unregulated ones can’t. Another downside for me is the absence of a demo account. I find demo accounts crucial for testing out strategies and getting familiar with a platform before risking real money. Additionally, their fee structure isn’t entirely transparent, and they have regional restrictions, which limits access to certain countries.

99FX offers a variety of trading instruments, including forex, CFDs, stocks, and cryptocurrencies. However, I noticed they don’t offer options, bonds, or ETFs, which could be limiting for traders who like to diversify their portfolios with these asset classes. Overall, the available instruments are solid, but a wider selection would be ideal.

One of the biggest positives for me is their variety of trading instruments, which includes forex, stocks, CFDs, and cryptocurrencies. I also like the fact that they provide 24/7 customer service, which is a major convenience when I need help with my account or any issues that come up while trading. I find the ability to trade on the cTrader platform to be a significant plus, as it’s my preferred platform due to its advanced charting tools and overall user-friendly design.