Results for “Scalping”

Strengths

• Prime ECN at 0.0-pip raw spreads with $3 per lot per side ($6 round-turn) commission u2014 competitive with IC Markets and slightly cheaper than Pepperstone
• Ultra ECN halves the round-turn to $2 for clients who can deposit $20,000, which is genuinely cheap for active discretionary trading

Trade-offs

• Founded only in 2020 u2014 six-year track record vs. Vantage's 15+ years; the brand-specific operating history is thin
• Only UK retail clients get statutory investor compensation (FSCS); FSCA, ASIC and FSA Seychelles all rely on the private Lloyd's policy with no statutory backstop

Strengths

• Raw EUR/USD spreads from 0.0 pips on Gold Raw with $2 per side ($4 round-turn) commission; directly competitive with IC Markets and Pepperstone pricing
• 1:2000 maximum leverage on the Micro account ($50 minimum); among the highest available anywhere

Trade-offs

• Holds no financial-services license anywhere; the 'Saint Lucia IBC 2023-00662' is a shell-company registration number, not a forex license
• Independent audit confirms Plexy Trade Ltd is NOT registered with the Saint Lucia FSRA or Montenegro's Central Bank, contrary to some review-site claims of 'FSRA Tier-3 regulated'

Strengths

• 0.0-pip EUR/USD on Raw and Zero accounts with a $3.50/side commission cap u2014 among the lowest all-in costs in the industry per FxVerify live-spread testing
• No deposit, withdrawal, or inactivity fees; Exness reports 95% of withdrawals auto-approved in under one minute

Trade-offs

• Both Tier-1 licenses (FCA, CySEC) are professional-clients-only u2014 retail almost always lands on Nymstar Limited in the Seychelles, where the only investor backstop is a u20ac20,000 per-claim Financial Commission compensation fund
• Restricted retail in USA + US territories, Canada, Australia, New Zealand, Israel, Iraq, Yemen, Palestinian Territory, Malaysia, Singapore, Myanmar, Vanuatu u2014 plus pro-only EU/UK; Japan is disputed

Strengths

• Lowest raw EUR/USD spreads in the field (0.01 pips average, USD 7 round-turn)
• Equinix NY4 and LD5 co-located servers; sub-300 ms average execution latency

Trade-offs

• Most non-EU and non-AU clients land at the Seychelles entity; no statutory compensation scheme
• Mobile app is MetaTrader-only; no proprietary app, no biometric login, no mobile 2FA

Strengths

• ECN Prime: 0.0-pip raw EUR/USD with $6 round-turn commission since the September 2025 LMAX-powered spread cut, and $0 minimum deposit since 2025 (down from $2,000)
• Six trading platforms: MT4, MT5, cTrader, TradingView (with live execution from charts), BlackBull CopyTrader (Hokocloud), and BlackBull Invest (Interactive Brokers TWS, 26,000+ securities)

Trade-offs

• No statutory investor compensation scheme on either entity; NZ FMA doesn't operate one, Seychelles FSA doesn't either, and there's no Lloyd's-style private insurance backstop
• Black Bull Group UK Limited is NOT FCA-authorised; the FCA has published a public warning notice naming this firm; UK clients are not accepted

Strengths

• Raw account 0.7-pip all-in EUR/USD cost beats most peers (0.1 pips + $3 per side)
• Five regulated entities including two Tier-1 (FCA 717270 and CySEC 278/15)

Trade-offs

• Classic account at 1.6 pips with no commission is uncompetitive against rival standard accounts
• Trustpilot rating suspended in 2026 for guidelines breach (fake reviews removed)