{
  "version": 1,
  "generated_at": "2026-10-06T18:17:27.606104Z",
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        "key": "2",
        "label": "2-step"
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        "key": "3",
        "label": "3-step"
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        "key": "google",
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        "key": "forexpeacearmy",
        "label": "Forex Peace Army"
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        "key": "sitejabber",
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        "key": "propfirmmatch",
        "label": "Prop Firm Match"
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        "key": "myfxbook",
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        "key": "reddit",
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      "slug": "ftmo",
      "name": "FTMO",
      "tagline": "Two-step and one-step CFD challenges, plus a separate futures evaluation.",
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        "content": [
          {
            "content": [
              {
                "text": "FTMO has run evaluations out of Prague since 2015. On the CFD side you trade forex, indices, commodities, crypto and stocks on MT4, MT5, cTrader or TradingView. A newer futures arm runs on Tradovate, NinjaTrader and TradingView. It suits traders who want a long track record and a well-documented rulebook.",
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            "content": [
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                "text": "How the evaluation works",
                "type": "text"
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            "content": [
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                        "text": "FTMO Challenge 2-Step:",
                        "type": "text"
                      },
                      {
                        "text": " 10% in the Challenge, then 5% in the Verification. Daily loss is 5% and overall loss is 10%, both fixed to the starting balance. Minimum 4 trading days per phase.",
                        "type": "text"
                      }
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                        "text": "FTMO Challenge 1-Step:",
                        "type": "text"
                      },
                      {
                        "text": " one 10% target with a 3% daily loss. The 10% max loss trails your highest end-of-day balance until it reaches the starting balance.",
                        "type": "text"
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                    "type": "paragraph"
                  }
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                        "text": "FTMO Futures Growth and Pro:",
                        "type": "text"
                      },
                      {
                        "text": " a monthly subscription with a 6% target and an end-of-day trailing drawdown that locks at the starting balance. Growth has no daily loss limit in the evaluation. Pro has a hard one.",
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                      }
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            "content": [
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                "text": "Rules worth knowing",
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          {
            "content": [
              {
                "text": "There's no time limit on any phase. On the 1-Step, your best day can't be more than 50% of your positive days' profit, both to pass and to withdraw. Standard accounts get news, overnight and weekend restrictions once you're funded, not during the evaluation. The Swing type removes them, but it's 2-Step only and capped at 1:30 leverage. To pass a futures evaluation, your best day can't exceed 40% (Growth) or 50% (Pro) of total profit.",
                "type": "text"
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            "attrs": {
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            "content": [
              {
                "text": "Getting paid",
                "type": "text"
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          {
            "content": [
              {
                "text": "You can claim your first reward from day 14 after your first trade. The 2-Step pays 80%, rising to 90% through the Scaling Plan, and refunds the fee with the first reward. The 1-Step pays 90% with no refund. Futures pays 90%, capped per request. CFD rewards go by bank wire, crypto, Skrill or card. Futures adds Wise and Revolut.",
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              }
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      "website_url": "https://ftmo.com",
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      "headquarters": "Prague, Czech Republic",
      "brand_color": "#f4f4f4",
      "markets": [
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        "indices",
        "commodities",
        "crypto",
        "stocks",
        "futures"
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        "mt4",
        "mt5",
        "ctrader",
        "tradingview",
        "ninjatrader",
        "tradovate"
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        "bank",
        "crypto",
        "wise"
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        "eas": "allowed",
        "hedging": "restricted",
        "news_trading": "restricted",
        "overnight_holding": "restricted",
        "weekend_holding": "restricted"
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      "pros": [
        "Running since 2015",
        "No time limit on any phase",
        "2-Step fee refunded with the first reward",
        "Swing account option lifts news and weekend limits"
      ],
      "cons": [
        "1-Step has a 50% best day rule and a trailing max loss",
        "2-Step reward share starts at 80%",
        "Futures evaluations are billed monthly"
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          "id": "1-step-100k",
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          "id": "1-step-200k",
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          "payout_frequency": "14 days",
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        {
          "id": "futures-growth-50k",
          "name": "FTMO Futures Growth",
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          "account_size": 50000,
          "price": 119,
          "currency": "USD",
          "profit_targets": [
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          ],
          "daily_loss_pct": null,
          "max_loss_pct": 4,
          "drawdown_type": "eod_trailing",
          "profit_split_pct": 90,
          "payout_frequency": "Every 4 qualifying days",
          "first_payout_days": null,
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          "leverage": "",
          "refundable_fee": false
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          "id": "futures-pro-50k",
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          "account_size": 50000,
          "price": 139,
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          "profit_targets": [
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          "daily_loss_pct": 2,
          "max_loss_pct": 6,
          "drawdown_type": "eod_trailing",
          "profit_split_pct": 90,
          "payout_frequency": "Every 5 qualifying days",
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      "trustpilot_rating": 4.8,
      "trustpilot_reviews": 53920,
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          "rating": 4.8,
          "scale": 5,
          "count": 53920,
          "url": "https://www.trustpilot.com/review/ftmo.com",
          "checked_on": "2026-10-06"
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        {
          "source": "forexpeacearmy",
          "rating": 4.4,
          "scale": 5,
          "count": 764,
          "url": "https://www.forexpeacearmy.com/forex-reviews/15019/ftmo-forex-training",
          "checked_on": "2026-10-06"
        },
        {
          "source": "propfirmmatch",
          "rating": 4.5,
          "scale": 5,
          "count": 213,
          "url": "https://propfirmmatch.com/prop-firms/ftmo/reviews",
          "checked_on": "2026-10-06"
        },
        {
          "source": "reddit",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.reddit.com/search/?q=ftmo",
          "checked_on": "2026-10-06"
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        {
          "source": "youtube",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.youtube.com/results?search_query=ftmo+payout",
          "checked_on": "2026-10-06"
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        "content": [
          {
            "content": [
              {
                "text": "Most traders who review FTMO say they got paid, and paid quickly. It holds 4.8 on Trustpilot from about 54,000 reviews, 4.5 on Prop Firm Match from about 210 verified traders and 4.4 on Forex Peace Army. The complaints that do show up are mostly about rule enforcement: accounts closed for things the trader didn't think broke a rule, or losses that ran past a limit because of slippage or wide spreads.",
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            "content": [
              {
                "text": "What traders like",
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                "content": [
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                        "text": "Payouts arrive fast.",
                        "type": "text"
                      },
                      {
                        "text": " Lots of reviewers say their reward came through within a day or so of requesting it, and that the challenge fee was refunded with the first one on the 2-Step.",
                        "type": "text"
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                "content": [
                  {
                    "content": [
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                        "marks": [
                          {
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                        "text": "Clear rules.",
                        "type": "text"
                      },
                      {
                        "text": " People often say they knew where they stood, and that the dashboard makes the limits easy to track.",
                        "type": "text"
                      }
                    ],
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                ],
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                "content": [
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                        "text": "Support that answers.",
                        "type": "text"
                      },
                      {
                        "text": " Live chat and email get frequent praise for quick, helpful replies in several languages.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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              {
                "content": [
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                    "content": [
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                        "text": "A long track record.",
                        "type": "text"
                      },
                      {
                        "text": " Many pick FTMO for its history of paying out since 2015.",
                        "type": "text"
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            "content": [
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                "text": "Common complaints",
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          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                            "type": "bold"
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                        ],
                        "text": "Account closures people dispute.",
                        "type": "text"
                      },
                      {
                        "text": " A steady share of low reviews come from traders whose accounts were closed over hedging across accounts, one-sided trading or similar strategy rules, and who feel the call was subjective.",
                        "type": "text"
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                        "text": "Slippage and spreads.",
                        "type": "text"
                      },
                      {
                        "text": " Some say a stop filled well past its level, or a rollover spread spike took them over a loss limit.",
                        "type": "text"
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                ],
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                "content": [
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                        "text": "The 1% risk limit after a first payout.",
                        "type": "text"
                      },
                      {
                        "text": " Some traders say a payout was held back because slippage pushed a single loss just past that cap.",
                        "type": "text"
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                    ],
                    "type": "paragraph"
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                "content": [
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                    "content": [
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                        "marks": [
                          {
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                        "text": "Slower support when it matters.",
                        "type": "text"
                      },
                      {
                        "text": " A few say replies got thin once a dispute started.",
                        "type": "text"
                      }
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                    "type": "paragraph"
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            "content": [
              {
                "text": "Recently",
                "type": "text"
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            "type": "heading"
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          {
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              {
                "content": [
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                    "content": [
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                        "text": "August 2026:",
                        "type": "text"
                      },
                      {
                        "text": " FTMO Futures opened in beta on 31 August, billed monthly. It has no review history of its own yet, and a few September and October reviewers grumble about paying subscription and reset fees on a beta product.",
                        "type": "text"
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                    ],
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                        "text": "September to October 2026:",
                        "type": "text"
                      },
                      {
                        "text": " low reviews cluster on disputed closures and on overnight spreads on Swing accounts. The overall score hasn't moved.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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              }
            ],
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            },
            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
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                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the firm's main review page, the biggest pool of reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                              "href": "https://www.forexpeacearmy.com/forex-reviews/15019/ftmo-forex-training",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": a trader review site, with longer write-ups and disputes.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Prop Firm Match",
                        "type": "text"
                      },
                      {
                        "text": ": verified trader reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                              "href": "https://www.reddit.com/search/?q=ftmo",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit search",
                        "type": "text"
                      },
                      {
                        "text": ": trader threads across the forex and prop trading subreddits.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.youtube.com/results?search_query=ftmo+payout",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "YouTube search",
                        "type": "text"
                      },
                      {
                        "text": ": payout proof and challenge review videos.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                              "href": "https://www.financemagnates.com/forex/prop-firm-ftmo-launches-futures-beta/",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Finance Magnates",
                        "type": "text"
                      },
                      {
                        "text": ": news on the FTMO Futures beta.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              }
            ],
            "type": "bulletList"
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      },
      "reviews_checked_on": "2026-10-06",
      "discount_code": "",
      "discount_label": "",
      "featured": true,
      "sort_order": 10,
      "seo_title": "FTMO: challenge prices, rules and payouts",
      "seo_description": "FTMO sells 2-Step and 1-Step CFD challenges from €79 to €1,080 with an 80-90% reward share on MT4, MT5, cTrader and TradingView, plus futures from $119 a month.",
      "logo": "/logos/ftmo.png",
      "updated_at": "2026-10-06T18:17:27.606104Z"
    },
    {
      "slug": "the5ers",
      "name": "The5ers",
      "tagline": "Israeli firm with 1-, 2- and 3-step CFD programs, a futures arm and scaling to $4M.",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "The5ers is an Israeli firm that has funded traders since 2016. It runs three CFD programs on MetaTrader 5 covering forex, metals, indices, oil and crypto, plus a futures arm. It suits patient traders who like low entry prices and accounts that grow with each target.",
                "type": "text"
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            "type": "paragraph"
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          {
            "attrs": {
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            "content": [
              {
                "text": "How the evaluation works",
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            "content": [
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                "content": [
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                    "content": [
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                        "text": "High Stakes:",
                        "type": "text"
                      },
                      {
                        "text": " two steps at 10% then 5%. Small accounts have a 5% daily and 10% overall loss limit, while the 50K and 100K drop to 4% and 8%. A Classic version uses an 8% first target.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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                ],
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              },
              {
                "content": [
                  {
                    "content": [
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                        "marks": [
                          {
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                          }
                        ],
                        "text": "Pro Growth and Hyper Growth:",
                        "type": "text"
                      },
                      {
                        "text": " one step with a 10% target, a 6% stop-out and a 3% daily loss. Pro Growth is cheaper and needs three profitable days.",
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                "content": [
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                        "text": "Bootcamp:",
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                      {
                        "text": " three steps of 6% each with a 5% max loss and no daily limit. A small entry fee, then a second fee once you pass.",
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                        "text": "Futures Day Trade and Swing:",
                        "type": "text"
                      },
                      {
                        "text": " 6% target, 4% end-of-day drawdown and a 40% per-position consistency rule.",
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            "content": [
              {
                "text": "Rules worth knowing",
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            "content": [
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                "text": "There's no time limit, but 30 idle days expire an account. High Stakes bans trading in the two minutes either side of high-impact news. A profitable day only counts at 0.5% of the starting balance. EAs need code you own, and copying is only allowed between your own accounts. On futures, Day Trade positions must be flat 10 minutes before the close, Swing can hold a small position overnight, and nothing stays open over the weekend.",
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            "attrs": {
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            "content": [
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                "text": "Getting paid",
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            "content": [
              {
                "text": "The first withdrawal opens 14 days after funding, then every two weeks. High Stakes and Bootcamp start at 80%, the Growth programs at 75%, and all rise as the account scales. Futures pays 80% and refunds the fee on the third payout. Payouts go through Rise, crypto or bank transfer, each with a 3.5% fee.",
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      "website_url": "https://the5ers.com",
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        "IL",
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        "No time limit on any evaluation",
        "Funded accounts scale on every 10% target",
        "Very low entry prices on small accounts",
        "High Stakes fee refunded once funded"
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        "MetaTrader 5 only for CFDs",
        "3.5% fee on Rise, crypto and bank payouts",
        "Three profitable days of 0.5% needed on High Stakes and Pro Growth"
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          "profit_split_pct": 80,
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          "refundable_fee": true
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          "id": "futures-day-trade-50k",
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        {
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        {
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        {
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          "checked_on": "2026-10-06"
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        {
          "source": "sitejabber",
          "rating": 2,
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        {
          "source": "reddit",
          "rating": null,
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          "url": "https://www.reddit.com/search/?q=the5ers",
          "checked_on": "2026-10-06"
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        {
          "source": "youtube",
          "rating": null,
          "scale": null,
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          "url": "https://www.youtube.com/results?search_query=the5ers+payout",
          "checked_on": "2026-10-06"
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              {
                "text": "The5ers has one of the strongest review records among prop firms: 4.7 on Trustpilot from about 39,000 reviews and 4.7 on Prop Firm Match from about 1,300 verified traders. It has funded traders since 2016, and most reviewers say payouts arrive on time. The complaints that do appear are mainly about payout reviews, where traders say their accounts were linked to someone else's trading and closed.",
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                "text": "What traders like",
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                        "text": "Clear rules.",
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                        "text": " The most common praise on Trustpilot and Prop Firm Match is that the rules are plain and there are no hidden conditions.",
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                "content": [
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                    "content": [
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                        "text": "Holding overnight and over weekends.",
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                        "text": " Many traders like being able to keep positions open without forced closes.",
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                        "text": "Reliable payouts.",
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                        "text": " Lots of reviewers describe several payouts processed within the stated window.",
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              {
                "content": [
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                        "text": "Spreads and support.",
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                        "text": " Tight spreads, steady execution and quick support replies come up often.",
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                "text": "Common complaints",
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                        "text": "Accounts closed over \"related\" trading.",
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                      {
                        "text": " The main theme on Forex Peace Army and in some Prop Firm Match reviews: traders say a payout was held and the account closed because their trades looked similar to another trader's, which they deny.",
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                        "text": "Tight daily limit and news rules.",
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                        "text": "Slow or unclear payout reviews.",
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                        "text": " A few traders say payout checks took longer than expected and that the reasons given were thin.",
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                        "text": "Outages.",
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                        "text": " A March 2026 Reddit thread complains about an outage and slow support.",
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                "text": "Recently",
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                        "text": "July 2026:",
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                      {
                        "text": " a Forex Peace Army thread describes a $3,099 payout declined and the account closed after four earlier payouts.",
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                        "text": "August 2026:",
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                      },
                      {
                        "text": " more Forex Peace Army reviews describe coordinated-trading accusations at payout time, while Prop Firm Match reviews from the same month stay largely positive.",
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                ],
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              },
              {
                "content": [
                  {
                    "content": [
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                        "text": "The5ers Futures",
                        "type": "text"
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                      {
                        "text": " now has its own Trustpilot page, with mostly positive early reviews and no score shown yet.",
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                    ],
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            ],
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            "attrs": {
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            "content": [
              {
                "text": "Where this comes from",
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                            "attrs": {
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the firm's main review page, the biggest pool of reviews.",
                        "type": "text"
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                    ],
                    "type": "paragraph"
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot (futures)",
                        "type": "text"
                      },
                      {
                        "text": ": the separate page for The5ers Futures.",
                        "type": "text"
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                    ],
                    "type": "paragraph"
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                "content": [
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Prop Firm Match",
                        "type": "text"
                      },
                      {
                        "text": ": verified-trader reviews on a prop firm comparison site.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": trader review page with payout disputes.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              {
                "content": [
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Myfxbook",
                        "type": "text"
                      },
                      {
                        "text": ": user reviews on a trading analytics site.",
                        "type": "text"
                      }
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              {
                "content": [
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                            "type": "link"
                          }
                        ],
                        "text": "Sitejabber",
                        "type": "text"
                      },
                      {
                        "text": ": two older, negative reviews.",
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                      }
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                  }
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              {
                "content": [
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit search",
                        "type": "text"
                      },
                      {
                        "text": ": threads in r/Forex, r/Daytrading and r/propfirm.",
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "YouTube search",
                        "type": "text"
                      },
                      {
                        "text": ": payout and review videos.",
                        "type": "text"
                      }
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      "seo_title": "The5ers review: High Stakes, Growth, Bootcamp and futures",
      "seo_description": "The5ers runs High Stakes, Pro Growth, Hyper Growth and Bootcamp on MT5 from $19, with 75-80% starting splits, plus futures challenges from $59.",
      "logo": "/logos/the5ers.png",
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    {
      "slug": "fundednext",
      "name": "FundedNext",
      "tagline": "Four Stellar CFD models and three futures challenges, with rewards sent within 24 hours.",
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            "content": [
              {
                "text": "FundedNext launched in 2022 and now sells four CFD challenge models plus a separate futures range. On the CFD side you can trade forex, indices, commodities, crypto and stocks on MT4, MT5, cTrader or Match-Trader. Futures run on NinjaTrader, Tradovate and TradingView. It suits traders who want lots of choice and are happy to read the rules for the model they pick.",
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            "content": [
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                "text": "How the evaluation works",
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                        "text": "Stellar 2-Step:",
                        "type": "text"
                      },
                      {
                        "text": " 8% then 5%, with a 5% daily and 10% overall loss limit on a static floor. Five trading days per phase.",
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                      }
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                        "text": "Stellar 1-Step:",
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                      {
                        "text": " a single 10% target with a 3% daily and 6% overall static limit, and two trading days.",
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                        "text": "Stellar Lite:",
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                      {
                        "text": " the cheaper two-phase model at 8% then 4%, with 4% daily and 8% overall.",
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                        "text": "Stellar Instant:",
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                      {
                        "text": " no challenge. You start funded with a 6% trailing max loss and no daily limit.",
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                        "text": "Futures Flex, Legacy and Rapid:",
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                        "text": " one phase with an end-of-day trailing max loss. Flex and Legacy apply a 40% consistency rule while you're in the evaluation.",
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                "text": "Rules worth knowing",
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                "text": "There's no time limit on CFD challenges, but 60 days without a trade deactivates the account. News trading is allowed, though on funded CFD accounts only 40% of profit from news windows counts. EAs need a paid add-on and only run on MT4 and MT5. You can copy trades between your own challenge accounts, but never to or from a funded one.",
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                "text": "Getting paid",
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            "content": [
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                "text": "The standard CFD share is 80%, rising with scale-ups or a 95% add-on. Stellar 2-Step and Lite pay first after 21 days and then every 14, while 1-Step pays every 5 days. The 2-Step refunds the fee with the first reward. Instant starts at 70%. Rewards go out in USDT, USDC or through Rise.",
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                "text": "FundedNext is one of the most reviewed prop firms anywhere: 4.5 on Trustpilot from about 81,000 reviews, 4.3 on Prop Firm Match from about 890 verified reviews, 4.4 for its futures arm there, and 4.1 on Sitejabber. Forex Peace Army is the sharp exception at 1 out of 5 from 32 reviews, and that site carries a warning about suspicious positive reviews it traced to the firm in 2024. Most traders describe reliable payouts. The complaints that persist are about accounts closed or payouts refused just as traders became profitable.",
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            "attrs": {
              "level": 2
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            "content": [
              {
                "text": "Recently",
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              }
            ],
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          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
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                        "text": "August to October 2026:",
                        "type": "text"
                      },
                      {
                        "text": " an August roundup put sentiment at four out of five, and the firm now advertises a $1,000 penalty for a payout later than 24 hours. Fresh reviews in early October include a Forex Peace Army complaint about a funded account refused after passing both phases, and a Trustpilot complaint about a crypto payment that never reached the account.",
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            "attrs": {
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            "content": [
              {
                "text": "Where this comes from",
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the main review page and the largest pool of reviews.",
                        "type": "text"
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              {
                "content": [
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                        "marks": [
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                              "target": "_self"
                            },
                            "type": "link"
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                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": longer complaints, disputes and a fake-review notice.",
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                    ],
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                "content": [
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                        "text": "Prop Firm Match",
                        "type": "text"
                      },
                      {
                        "text": ": verified-trader reviews for the CFD side.",
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                ],
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              {
                "content": [
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                              "target": "_self"
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                        ],
                        "text": "Prop Firm Match (futures)",
                        "type": "text"
                      },
                      {
                        "text": ": verified reviews for FundedNext Futures.",
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                        ],
                        "text": "Sitejabber",
                        "type": "text"
                      },
                      {
                        "text": ": a smaller set of mixed reviews.",
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                "content": [
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                            },
                            "type": "link"
                          }
                        ],
                        "text": "Myfxbook",
                        "type": "text"
                      },
                      {
                        "text": ": a detailed firm overview.",
                        "type": "text"
                      }
                    ],
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                  }
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              {
                "content": [
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                    "content": [
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                        "marks": [
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                            "attrs": {
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit search",
                        "type": "text"
                      },
                      {
                        "text": ": trader threads, including warnings about terminations.",
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                      }
                    ],
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              {
                "content": [
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                            },
                            "type": "link"
                          }
                        ],
                        "text": "YouTube search",
                        "type": "text"
                      },
                      {
                        "text": ": payout and challenge review videos.",
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                      }
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      "seo_title": "FundedNext: Stellar and futures challenge rules and costs",
      "seo_description": "FundedNext sells Stellar 2-Step, 1-Step, Lite and Instant CFD accounts from $32.99 with an 80% standard share, plus Flex, Legacy and Rapid futures challenges.",
      "logo": "/logos/fundednext.png",
      "updated_at": "2026-10-06T18:17:27.606104Z"
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    {
      "slug": "funding-pips",
      "name": "Funding Pips",
      "tagline": "Four forex and CFD models, from a cheap two-step to a no-evaluation account.",
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        "content": [
          {
            "content": [
              {
                "text": "Funding Pips is a Dubai firm selling evaluations for forex, metals, indices, energies and two crypto pairs on MT5, cTrader and Match-Trader. It suits traders who want a cheap way in and don't mind comparing several rulebooks.",
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            "content": [
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                "text": "How the evaluation works",
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                        "text": "2 Step Standard:",
                        "type": "text"
                      },
                      {
                        "text": " 8% then 5%, with a 5% daily limit (3% as an add-on) and a 10% static max loss. Three trading days per phase.",
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                      }
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                        "text": "2 Step Pro:",
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                        "text": " 6% in both phases, 3% daily and 6% max loss, both static. Two trading days per phase on new accounts.",
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                        "text": "2 Step Flex:",
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                      {
                        "text": " 10% then 8%, with 4% daily and 12% max loss on a static floor.",
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                        "text": "1 Step Flex:",
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                      {
                        "text": " one 12% phase, 12% max loss and a 2% or 3% daily limit.",
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                        "text": "Zero:",
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                      },
                      {
                        "text": " no evaluation. A 3% daily limit and a 5% loss limit that trails your equity high until you're 5% up, then locks at the starting balance.",
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            "content": [
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                "text": "No phase has a time limit, but 30 days without a closed trade is a breach.",
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            "content": [
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                "text": "Rules worth knowing",
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            "content": [
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                "text": "News is open during evaluations. On funded accounts, profit from trades opened or closed within 5 minutes of high-impact news (10 around speeches) can be deducted. On Zero, trading that window or holding over the weekend ends the account. Other funded accounts close positions daily unless you bought the Swing add-on. Third-party EAs may only manage trades or risk.",
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                "text": "Getting paid",
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          {
            "content": [
              {
                "text": "2 Step Standard lets you pick 60% weekly, 80% bi-weekly, 100% monthly or 90% on demand, with a 35% consistency rule on the last two. Pro pays 80% weekly, Flex 80% or 95% bi-weekly, and Zero 95% bi-weekly. Rewards go by card, crypto, Rise or bank transfer, and Standard refunds your fee on the fourth reward.",
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      "website_url": "https://fundingpips.com",
      "founded_year": 2022,
      "headquarters": "Dubai, United Arab Emirates",
      "brand_color": "#0b1c4d",
      "markets": [
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        "crypto"
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        "Low entry prices, from $29 for a 5K 2 Step Pro",
        "No time limit on any evaluation phase",
        "Choice of payout cycle and split on 2 Step Standard",
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                "text": "Funding Pips has one of the biggest review piles of any prop firm: 4.5 on Trustpilot from about 70,000 reviews and 4.2 on Prop Firm Match from about 1,200 verified traders. Most of it is warm, about quick payouts, cheap entry prices and fast support. The unhappy minority cluster around funded accounts closed or profits cut under the news, grouping and copy-trading rules. On Forex Peace Army, with only a handful of reviews, the tone is much harsher.",
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                        "text": "News rule profit removal.",
                        "type": "text"
                      },
                      {
                        "text": " Several say profit was taken off for trades around high-impact news, and a few say the calendar they checked didn't match the firm's.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
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                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Rules that tighten after you pass.",
                        "type": "text"
                      },
                      {
                        "text": " Reviewers note that news, weekend and consistency rules bite harder on Master accounts than in the evaluation.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              }
            ],
            "type": "bulletList"
          },
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            "attrs": {
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            "content": [
              {
                "text": "Recently",
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            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
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                        "text": "July 2026:",
                        "type": "text"
                      },
                      {
                        "text": " Forex Peace Army threads complain about terms changed on existing accounts and disputed Master account closures.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
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                          {
                            "type": "bold"
                          }
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                        "text": "August 2026:",
                        "type": "text"
                      },
                      {
                        "text": " Master accounts bought from 15 August carry a 35% consistency rule and a minimum number of profitable days. Finance Magnates reported backlash over the move to Prime accounts.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Early October 2026:",
                        "type": "text"
                      },
                      {
                        "text": " new Trustpilot reviews are still mostly about fast payouts, with a few about CID closures and payout request trouble.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.trustpilot.com/review/fundingpips.com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
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                          }
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                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the main review page, read sorted by most recent.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Prop Firm Match",
                        "type": "text"
                      },
                      {
                        "text": ": verified trader reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.forexpeacearmy.com/forex-reviews/21467/funding-pips-review",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": a small set of mostly negative reviews, plus forum threads.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.myfxbook.com/reviews/prop-trading-firms/fundingpips/3251272,1",
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Myfxbook",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.reddit.com/search/?q=fundingpips",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit search",
                        "type": "text"
                      },
                      {
                        "text": ": threads on payouts and rule disputes.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "YouTube search",
                        "type": "text"
                      },
                      {
                        "text": ": payout proof and rule-change videos.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
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      "sort_order": 40,
      "seo_title": "Funding Pips review: 2-step, Flex and Zero accounts",
      "seo_description": "Funding Pips sells 2 Step Standard, Pro and Flex evaluations plus an instant Zero account for forex and CFDs on MT5, cTrader and Match-Trader, from $29.",
      "logo": "/logos/funding-pips.png",
      "updated_at": "2026-10-06T18:17:27.606104Z"
    },
    {
      "slug": "topstep",
      "name": "Topstep",
      "tagline": "A one-step futures Trading Combine on a monthly subscription, traded on TopstepX.",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "Topstep is a Chicago futures firm that has run its Trading Combine since 2012. It's a day trading program for CME products only, traded on its own TopstepX platform. It suits futures traders who are fine paying monthly while they work on passing.",
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            "attrs": {
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            "content": [
              {
                "text": "How the evaluation works",
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            "content": [
              {
                "content": [
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                        "text": "Trading Combine:",
                        "type": "text"
                      },
                      {
                        "text": " one phase with a 6% profit target ($3,000, $6,000 or $9,000 on the 50K, 100K and 150K). The Maximum Loss Limit is $2,000, $3,000 or $4,500 below your balance and trails your end-of-day high until it locks at the starting balance. There's no daily loss limit unless you add one at checkout.",
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            "content": [
              {
                "text": "You can pass in two days and there's no time limit, but the subscription rebills every 30 days until you pass. The standard path is $49, $99 or $199 a month plus a $149 activation fee on passing. The No Activation Fee path costs more monthly instead.",
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            "content": [
              {
                "text": "Rules worth knowing",
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            "type": "heading"
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          {
            "content": [
              {
                "text": "Your best day has to stay at or below 55% of total profit. Go over it and your target rises. Every position must be flat by 3:10 PM CT, so overnight and weekend holds are out. News trading is allowed. Automated strategies are allowed at your own risk, and a trade copier can run across your own accounts, but hedging between accounts is banned.",
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            "content": [
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                "text": "Getting paid",
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          {
            "content": [
              {
                "text": "After passing you get an Express Funded Account with a 90/10 split. On the Standard path you need five winning days of $150 or more before each request, and on the Consistency path three trading days with no day above 40% of profit. Each request is capped at 50% of the balance and a dollar limit by size. Payouts go by ACH or Aeropay in the US, Wise in a few countries, or international wire.",
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      "website_url": "https://www.topstep.com",
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        "Running since 2012, with a path to a live funded account",
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        "Up to five funded accounts at once, with a trade copier",
        "No daily loss limit unless you choose one"
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        "Monthly subscription until you pass",
        "Activation fee on the cheaper path",
        "All positions flat by 3:10 PM CT",
        "Payouts capped per request in the funded stage"
      ],
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          "daily_loss_pct": null,
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        {
          "source": "forexpeacearmy",
          "rating": null,
          "scale": 5,
          "count": null,
          "url": "https://www.forexpeacearmy.com/forex-reviews/15560/topstep-forex-futures-prop-firm",
          "checked_on": "2026-10-06"
        },
        {
          "source": "propfirmmatch",
          "label": "Prop Firm Match (futures)",
          "rating": 4.5,
          "scale": 5,
          "count": 139,
          "url": "https://propfirmmatch.com/futures/prop-firms/topstep/reviews",
          "checked_on": "2026-10-06"
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        {
          "source": "other",
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        {
          "source": "reddit",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.reddit.com/search/?q=topstep",
          "checked_on": "2026-10-06"
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        {
          "source": "youtube",
          "rating": null,
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          "count": null,
          "url": "https://www.youtube.com/results?search_query=topstep+payout",
          "checked_on": "2026-10-06"
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          {
            "content": [
              {
                "text": "Topstep, the Chicago futures firm running since 2012, has one of the longest track records in prop trading and a split review profile. It scores 3.7 on Trustpilot from about 14,900 reviews, where roughly seven in ten reviews are five stars and almost one in five is one star. On Prop Firm Match, verified futures traders give it 4.5 from about 140 reviews. Few people dispute that it pays. The complaints are about rules, caps and closures, and about paying monthly while waiting.",
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            "content": [
              {
                "text": "What traders like",
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            "content": [
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                        "text": "Reliable payouts.",
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                      },
                      {
                        "text": " Many reviewers on Trustpilot, Prop Firm Match and Reddit say they've been paid repeatedly over years, and the firm's instant payouts get frequent mentions.",
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              {
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                        "text": "TopstepX.",
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                      },
                      {
                        "text": " The in-house platform gets a lot of praise on Prop Firm Match for being smooth, with built-in loss limits and lockouts.",
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                      }
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              {
                "content": [
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                    "content": [
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                        "marks": [
                          {
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                        "text": "Clear rules and a fair drawdown.",
                        "type": "text"
                      },
                      {
                        "text": " Several traders like the end-of-day drawdown and the daily loss limit that stops a tilt from blowing the account.",
                        "type": "text"
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                "text": "Common complaints",
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              {
                "content": [
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                        "text": "Accounts closed with payouts forfeited.",
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                      {
                        "text": " Several Trustpilot and Reddit reviewers say accounts were closed for hedging or other prohibited conduct, with no appeal and without seeing the data behind the decision.",
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                        "text": "Monthly fees.",
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                      {
                        "text": " Some say subscription renewals and resets kept billing while their accounts were under review.",
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                        "text": "Payout caps and rule changes.",
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                      {
                        "text": " Lower payout caps on smaller accounts drew a wave of negative reviews in April 2026, and Reddit posters say the firm keeps adding rules in its own favour.",
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              {
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                        "text": "Few reach live capital.",
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                      {
                        "text": " A review site points to the firm's own figure that well under one in a hundred funded traders reached a live account in 2025.",
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            "content": [
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                "text": "Recently",
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            "type": "heading"
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          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                        "text": "July to October 2026:",
                        "type": "text"
                      },
                      {
                        "text": " review sites checking the Trustpilot page in August put it at 3.6 and describe it as sharply polarised. A July Trustpilot review describes payouts forfeited after an account closure with no appeal, and a recent reviewer returning after a year away says platform reliability and support have slipped.",
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            "content": [
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                "text": "Where this comes from",
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                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the main review page and the largest pool of reviews.",
                        "type": "text"
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                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                          }
                        ],
                        "text": "Prop Firm Match (futures)",
                        "type": "text"
                      },
                      {
                        "text": ": verified futures-trader reviews.",
                        "type": "text"
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                    ],
                    "type": "paragraph"
                  }
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                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                              "href": "https://www.forexpeacearmy.com/forex-reviews/15560/topstep-forex-futures-prop-firm",
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                              "target": "_self"
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                            "type": "link"
                          }
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                        "text": "Forex Peace Army",
                        "type": "text"
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                      {
                        "text": ": an older review page with little recent activity.",
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                              "target": "_self"
                            },
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                          }
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                        "text": "Better Business Bureau",
                        "type": "text"
                      },
                      {
                        "text": ": formal complaints and the firm's replies.",
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                "content": [
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit search",
                        "type": "text"
                      },
                      {
                        "text": ": threads in r/TopStepX, r/Daytrading and r/PropFirmTester.",
                        "type": "text"
                      }
                    ],
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                "content": [
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                    "content": [
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "YouTube search",
                        "type": "text"
                      },
                      {
                        "text": ": payout proof and review videos.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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      "seo_title": "Topstep: Trading Combine prices, rules and payouts",
      "seo_description": "Topstep's futures Trading Combine costs $49 to $199 a month for 50K to 150K, with a 6% target, end-of-day trailing loss limit and a 90% payout split.",
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      "slug": "apex-trader-funding",
      "name": "Apex Trader Funding",
      "tagline": "One-time-fee futures evaluations with an end-of-day or intraday trailing drawdown.",
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            "content": [
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                "text": "Apex Trader Funding is a futures firm from Austin, Texas, founded in 2021. You pay a one-time fee for a 30-day evaluation and trade it through Rithmic, Tradovate or WealthCharts, which means NinjaTrader and TradingView work too. It suits day traders who like running several accounts at once.",
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            "content": [
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                "text": "How the evaluation works",
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          {
            "content": [
              {
                "text": "Both versions come in 25K, 50K, 100K and 150K, with profit targets of $1,500, $3,000, $6,000 and $9,000, which is 6% at every size.",
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                        "text": "EOD evaluation:",
                        "type": "text"
                      },
                      {
                        "text": " max drawdown of $1,000, $2,000, $3,000 or $4,000 that trails your end-of-day balance. There's also a daily loss limit of $500 to $2,000, and hitting it pauses you for the session.",
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                        "text": "Intraday evaluation:",
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                      {
                        "text": " same targets and drawdown amounts, but the floor trails your peak balance in real time, open profit included. No daily loss limit.",
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                "text": "With no minimum trading days, you pass the moment you hit the target. The evaluation expires after 30 calendar days, with no extension. After passing you have seven days to pay the Performance Account activation fee.",
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                "text": "Rules worth knowing",
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            "content": [
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                "text": "All trades must be closed by 4:50 PM ET, so nothing is held overnight or over the weekend. News is fine, but you can only be on one side of the market during an event. Bots, algorithms and AI-driven trading are banned on every account type. You can copy trades across your own Performance Accounts.",
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                "text": "Getting paid",
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            "content": [
              {
                "text": "Performance Accounts pay 100% of each approved payout, up to weekly. You need five trading days that each meet a minimum daily profit, no single day worth 50% or more of profit since the last payout, and at least $500 to withdraw above the safety net. Each account allows six payouts, then closes. US traders get paid by ACH, everyone else through Apex's payment provider, Plane.",
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        "No minimum trading days to pass",
        "100% of approved payouts",
        "No limit on evaluation accounts"
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        "Evaluation expires after 30 calendar days",
        "PA activation fee after passing",
        "Six payouts per Performance Account, then it closes",
        "No automated trading of any kind"
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            "content": [
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                "text": "Apex is one of the most reviewed futures prop firms, rated 4.2 on Trustpilot from about 21,100 reviews, and opinion on it is split. Plenty of traders say they get paid as long as they stick to the rules, and they like being able to run a lot of accounts cheaply. The low reviews mostly say the rules keep changing or tightening, and that payouts get cut or held once a trader is in profit.",
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                        "text": "It pays if you follow the rules.",
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                        "text": "Lots of accounts.",
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                        "text": " Many reviewers like that you can hold up to 20 funded accounts at once, and some say it's the firm they use for stacking.",
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                        "text": "Low prices.",
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                        "text": " Frequent discounts come up again and again as a reason people buy.",
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                        "text": " A few review sites say the newer account types are easier to follow than the old ones.",
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                        "text": "Rules that pile up.",
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                        "text": " A steady share of low Trustpilot reviews say new restrictions, violations or deductions appear just as profit builds.",
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                        "text": "Payouts held back or reduced.",
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                        "text": " Several reviewers, on Trustpilot and Reddit, say payouts were denied or trimmed over consistency and similar rules. This complaint goes back to 2024.",
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                        "text": "Rigid support in disputes.",
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                        "text": " Some say support points back to the written formula and won't look at their case.",
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                    "content": [
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                        "text": "A divided reputation.",
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                      {
                        "text": " Reddit threads keep asking whether Apex is worth it, and replies swing between satisfied traders and people who left for other firms.",
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                "text": "Recently",
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                        "text": "March 2026:",
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                      },
                      {
                        "text": " the Apex 4.0 update swapped the monthly subscription for a one-time evaluation fee. Metals trading came back in May.",
                        "type": "text"
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                      {
                        "text": " review sites' Trustpilot snapshots have slipped from about 4.4 in early July to 4.2 by October, and Trustpilot itself now shows four stars. Reviews from the last few weeks still lean on rule and deduction complaints.",
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                "text": "Where this comes from",
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                        "text": "Trustpilot",
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                        "text": ": the firm's main review page, the biggest pool of reviews.",
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                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": trader write-ups, mostly about drawdown and payout rules.",
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                        "text": "Reddit search",
                        "type": "text"
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                      {
                        "text": ": threads in r/Daytrading, r/Trading and r/PropFirmTester.",
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      "seo_title": "Apex Trader Funding: EOD and intraday eval rules",
      "seo_description": "Apex Trader Funding runs 25K to 150K futures evaluations with EOD or intraday trailing drawdown, a 30-day window, 100% payouts and Rithmic or Tradovate.",
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      "slug": "e8-markets",
      "name": "E8 Markets",
      "tagline": "One-step challenges you can tune: pick your drawdown, target and payout share.",
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            "content": [
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                "text": "E8 Markets is a Dallas firm, running since 2021, that sells one-step challenges for forex, indices, commodities and crypto, and has a separate futures side. It suits traders who want to set their own risk before they buy.",
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                "text": "How the evaluation works",
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                        "text": "E8 One:",
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                      {
                        "text": " one phase. The default setup is a 9% target, a 4% daily loss and a 6% dynamic drawdown, which only moves up when you close trades in profit. You can pick a drawdown from 4% to 14%, and the target is always 1.5 times that number.",
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                        "text": "E8 Signature:",
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                        "text": " a cheaper route with a 6% target and a drawdown that follows your highest end-of-day balance: 4% on the 25k, 3% on the 100k and 150k.",
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                        "text": " an 8% target, an 8% static drawdown and a 2.5% daily loss. Only 2% of profit per day counts towards the target.",
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                "text": "On funded E8 One accounts you can't open or close trades from 5 minutes before to 5 minutes after high-impact news. A 40% best-day rule applies on E8 One funded accounts and a 35% one on Signature. Signature funded accounts have a 2% daily pause that stops trading for the day without failing you.",
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                "text": "The base split is 80%. On E8 One you can buy 90% or 100% at checkout, and E8 Pro offers 100%. E8 One pays on demand once the best-day rule is met, with the earliest payout about 3 days in. E8 Pro pays daily once you're 1% up. Signature needs 5 profitable days between payouts, and its early payouts are capped. Payouts go by bank transfer, crypto or Rise.",
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      "platforms": [
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        "tradelocker"
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                "text": "E8 Markets scores well on the big review sites: 4.3 on Trustpilot from about 3,300 reviews and 4.8 on Prop Firm Match from about 490 verified traders. Most reviewers say payouts come through within a day or two. Reddit is far more divided, and a vocal group of traders say payouts were cut or refused under rules they didn't expect, especially since the firm reshaped its products in late 2025.",
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                        "text": "Trustpilot",
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                        "text": "Forex Peace Army",
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                        "text": ": trader reviews, with older write-ups from when the firm was E8 Funding.",
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                        "text": "Reddit search",
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                        "text": ": threads in r/PropFirmTester, r/Daytrading and r/Forex, including an April 2026 payout dispute.",
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                        "text": "YouTube search",
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                        "text": ": review and payout videos.",
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                "text": "Blue Guardian runs CFD evaluations on forex, indices, metals and crypto, plus a set of futures plans. Its offices are in Dubai. It suits traders who hold positions overnight or over the weekend and want a choice between one-step, two-step and instant accounts.",
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                        "text": "1 Step Standard:",
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                        "text": " a 9% target, a 4% daily loss and a 6% drawdown that trails your highest closed balance until you're 6% up, then locks at your starting balance.",
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                        "text": " 8% then 4%, with a 4% daily loss and an 8% static drawdown.",
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                        "text": " no evaluation. A 3% daily loss and a 6% trailing drawdown from day one.",
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                "text": "News trading is fine during the challenge. On funded accounts you can't open or close trades 5 minutes either side of high-impact news. Trades must stay open at least 2 minutes. Funded accounts close any trade that reaches a 2% floating loss. You need to trade at least once every 30 days.",
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                "text": "Reviews of Blue Guardian are mixed. The forex and CFD side sits at 3.6 on Trustpilot from about 2,100 reviews, the futures side shows 4 stars from about 1,800, and Prop Firm Match has 4.1 from 242 reviews (4.2 from 88 for futures). Many traders say payouts land fast and support is friendly. Against that, a sizeable group of low reviews say the firm's automatic loss protection closed trades well past their stop, or that a payout was refused under a rule they hadn't seen. Trustpilot notes it has removed fake reviews from the CFD page.",
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                        "text": "The Guardian Shield and slippage.",
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                        "text": " Several reviewers on Trustpilot and Forex Peace Army say positions were closed far beyond their stop, often on gold around rollover, and that the shield then counted toward a breach.",
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                        "text": "August 2026:",
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                        "text": " a review roundup put overall sentiment at a mixed three out of five, and another noted the Trustpilot profile was still flagged.",
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                        "text": " low reviews keep returning to payout denials and terminations, including one account dispute aired on both Prop Firm Match and Forex Peace Army. New futures reviews on Trustpilot are mostly about quick first payouts.",
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                        "text": "Trustpilot (CFD)",
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                        "text": ": the main review page for the forex and CFD side.",
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                        "text": "Prop Firm Match",
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                        "text": ": verified-trader reviews on a prop firm comparison site.",
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                        "text": "Prop Firm Match (futures)",
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                        "text": ": the futures arm's reviews.",
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                        "text": "Forex Peace Army",
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                        "text": "Reddit search",
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      "seo_title": "Blue Guardian: 1 Step, 2 Step and instant account rules",
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            "content": [
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                "text": "Alpha Capital Group is a London firm that launched in November 2021. It runs evaluations on forex, indices, metals and oil through its own broker, ACG Markets. It suits traders who want to pick between a fast one-step plan and a two-step plan with a fixed floor, and who like being able to ask for a payout whenever they've met the rules.",
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                        "text": "Alpha One:",
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                        "text": " one phase with a 10% target, a 4% daily loss and a 6% drawdown that trails your highest balance until it reaches your starting balance. You only need 1 trading day.",
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                "text": "Alpha Capital Group has one of the largest review followings of any prop firm, with about 21,800 reviews on Trustpilot. Trustpilot no longer shows a score for it: in August 2026 the site withdrew the rating and posted a notice that it had removed fake reviews for this company. Before that the page sat at about 4.7. On Prop Firm Match it scores 4.4 from about 1,000 traders. Most reviewers on both sites say they got paid on time. The criticism is concentrated on Reddit and Forex Peace Army, where a steady run of traders say funded accounts were closed or payouts refused.",
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                        "text": "August 2026:",
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                        "text": " a Reddit thread from a trader who says a two-year-old funded account was closed ahead of a payout drew agreement from others who say the firm has slipped. We can't verify the account details.",
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                        "text": "Trustpilot",
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                        "text": ": the firm's main review page. alphacapitalgp.com on Trustpilot is a different, unrelated company.",
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                        "text": "Forex Peace Army",
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                        "text": "PROP NAVI",
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                "text": "FunderPro is registered in Malta and sells CFD challenges on forex, indices, metals, energies, shares and crypto. It also runs a separate futures programme. It suits traders who want a static drawdown and like the idea of claiming rewards daily on the Pro account.",
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            "content": [
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                "text": "FunderPro's reviews are hard to read at face value. In January 2026 Trustpilot put a consumer warning on its page after removing fake reviews, and FunderPro and review sites say the removed posts went both ways: one-star posts from people with no trading record, and five-star posts that looked automated. One review site had the score at around 3.9 before that, and we couldn't confirm what it shows now. Underneath the noise, the picture is fast payouts for clean accounts and a steady stream of payout disputes for flagged ones.",
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                        "text": " Some late 2025 reviews mention payouts taking several days, and one Reddit thread from October 2025 complains about fills far from the entry price on NAS100.",
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                        "text": "Trustpilot",
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                        "text": ": the main page, flagged by Trustpilot in January 2026.",
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                        "text": "Trustpilot (futures)",
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                        "text": ": a separate, much smaller page for FunderPro Futures.",
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                        "text": "Forex Peace Army",
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                        "text": "Myfxbook",
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                        "text": ": trader reviews on a trading analytics site.",
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                        "text": "Reddit search",
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                        "text": ": threads in r/Trading, r/Forex and r/Daytrading.",
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      "seo_title": "FunderPro: One Phase, Classic and Pro challenge rules",
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    {
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      "name": "Maven Trading",
      "tagline": "Low-cost one-, two- and three-step forex challenges starting from a $2k account.",
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                "text": "Maven Trading has run forex challenges since 2022. A $2k three-step account costs $13, and sizes go up to $100k. You trade forex, indices, commodities and a few crypto pairs on MT5, cTrader or Match-Trader. It suits traders who want to start small and are happy to trade by hand, since expert advisors aren't allowed.",
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                "text": "How the evaluation works",
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                        "text": "Standard 1-Step:",
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                        "text": " an 8% target, a 3% daily loss limit and a 5% max loss that trails your highest equity.",
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                        "text": "Standard 2-Step:",
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                        "text": " 8% then 5%, with a 4% daily and 8% static overall limit. You also need three days of at least 0.5% profit in each phase.",
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                        "text": " 3% in each of three phases, with a 2% daily and 3% static overall limit.",
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                        "text": " no evaluation. You get a 2% daily and 3% trailing limit, and a 20% consistency score before each withdrawal.",
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                "text": "On challenge accounts you can't open or close a trade within two minutes of a red folder news release. A profit inside that window fails it. Instant accounts are exempt. EAs are banned on every platform, and so are grid trading and copying another person's trades. All-in trades with no stop loss are treated as a breach. Weekend holding is fine, but an account with no trades for 30 days is closed.",
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                "text": "The split is 80% on the standard and instant accounts. You can request a withdrawal every 10 business days after your first trade, and the fee comes back with your third withdrawal. Payouts go by bank transfer or Rise ($20 fee). Withdrawals are capped at $10,000 per trader in any rolling 30 days, and profit above that is voided.",
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                "text": "Maven is a low-cost forex prop firm with a large review history and an unresolved trust question. Its Trustpilot page held a four-star rating from about 5,000 reviews in late 2025, but by May 2026 Trustpilot had flagged a breach of its guidelines, removed reviews it judged fake and stopped showing a TrustScore. Our evidence has no current score from any site, so the picture below rests on what reviewers write. Maven has since moved to Feefo for collecting reviews.",
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                        "text": "Cheap entry.",
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                        "text": " Low challenge prices come up again and again, on Prop Firm Match, Reddit and Forex Peace Army, and several call it a good firm for beginners.",
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                        "text": "Prop Firm Match",
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                        "text": "Forex Peace Army",
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                        "text": "Reddit search",
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                "text": "Goat Funded Trader (GFT) started in 2022 and sells a long menu of forex accounts on MT5, cTrader, Match-Trader and TradeLocker. Its sister brand, Goat Funded Futures, covers futures on NinjaTrader, Tradovate, Quantower and others. It suits traders who like choosing their own mix of targets and loss limits.",
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                        "text": " 10% then 5%, with a 5% daily and 10% static overall limit.",
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                "text": "Goat Funded Trader draws sharply divided reviews. Trustpilot no longer shows a score for it: the site flagged the firm for guideline breaches, removed a number of fake reviews and withdrew its rating. The page still lists about 4,300 reviews, and of those from the last 12 months roughly 46% are five stars and 40% are one star. On Prop Firm Match it scores 4.0 from about 1,200 traders. Praise centres on price and an easy dashboard. Complaints centre on denied payouts.",
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                "text": "Funded Trading Plus (FT+) has been around since 2021 and was bought by Instant Funding in May 2026. It offers simulated forex, index, commodity and crypto CFD accounts on MT5 and Match-Trader. It suits traders who want quick access to payouts and don't need the fee back.",
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                        "text": " a 10% target, a 4% daily loss limit and a 6% max loss. The max loss trails your closed balance until it reaches the starting balance.",
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                "text": "Funded Trading Plus has a long record of positive reviews, and it scores 4.3 on Prop Firm Match from about 70 verified traders. Its Trustpilot page, with roughly 2,650 reviews, no longer shows a score: Trustpilot says it removed a number of fake reviews, and review sites that quoted 4.4 earlier in 2026 now report the score as hidden. Since Instant Funding bought the firm in May 2026, a share of reviewers say things have changed for the worse.",
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                        "text": "Forex Peace Army disputes.",
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                        "text": " review sites note the Trustpilot score is hidden and that some reviewers report slower responses since the post-acquisition systems move.",
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                        "text": " a Trustpilot reviewer describes delays getting credentials after passing a pass-and-pay account, and the firm replied that it was looking into it.",
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                        "text": ": the firm's main review page, with the score currently hidden.",
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                        "text": "Forex Peace Army",
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                        "text": "Myfxbook",
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                        "text": ": user reviews on a trading analytics site.",
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                        "text": "Reddit search",
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                        "text": ": threads in r/PropFirmTester, r/Forex and r/Daytrading.",
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                        "text": "Finance Magnates",
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                "text": "Audacity Capital has run trader programs since 2012 and keeps a UK office in London. You trade forex, metals, indices, energies and crypto on MT5 or DXtrade, and US residents can join through DXtrade. It suits traders who want static loss limits, no consistency rule and freedom to trade the news.",
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                        "text": " a 10% target with a 7.5% daily and 15% overall limit in the first phase. The Verification phase then asks for 5% with a 5% daily and 10% overall limit, and those limits carry over to the live account. Each phase needs four trading days.",
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                        "text": " a 10% target, a 3% daily limit and a 6% overall limit, with a three-day minimum.",
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                        "text": "FTP (Instant Funding):",
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                        "text": " no evaluation. It has a 5% daily and 10% static overall limit, and you need 10% profit and five trading days before the first withdrawal.",
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                "text": "News trading and weekend holding are allowed on every program. EAs and copy trading are allowed on the Ability Challenge. Ability One only accepts EAs you built yourself, with no HFT, and copying only between your own accounts. Breached accounts can't be reset, so a broken rule means buying a new evaluation.",
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                "text": "Audacity Capital has a modest review footprint for a firm that has been around since 2012. It sits at 4.1 on Prop Firm Match from about 100 reviews and shows a 4-star rating on Trustpilot from a small pool of around 70 reviews on its current page. That Trustpilot pool is small for a reason: in March 2025 Trustpilot removed more than 1,500 reviews from the firm's profile as fake, which the firm disputes. Treat the scores as a rough signal.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "What traders like",
                "type": "text"
              }
            ],
            "type": "heading"
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          {
            "content": [
              {
                "content": [
                  {
                    "content": [
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                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Longevity.",
                        "type": "text"
                      },
                      {
                        "text": " Many reviewers say the firm's long operating history is why they picked it.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Execution and spreads.",
                        "type": "text"
                      },
                      {
                        "text": " Several Prop Firm Match reviewers mention stable execution, low slippage and tight spreads, and like the static drawdown and lack of a consistency rule.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Responsive support.",
                        "type": "text"
                      },
                      {
                        "text": " Support gets frequent praise on Trustpilot, Prop Firm Match, Myfxbook and Feefo, with some reviewers naming individual staff.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "No time limit.",
                        "type": "text"
                      },
                      {
                        "text": " A few traders like having no deadline to hit the profit target.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Common complaints",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Payout denials.",
                        "type": "text"
                      },
                      {
                        "text": " Several reviewers on Reddit and Prop Firm Match say a payout was refused after they passed or after it was approved, usually over a rule the firm says they broke.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Strategy rules found late.",
                        "type": "text"
                      },
                      {
                        "text": " Some say the restrictions on tick scalping, hedging, martingale and trading near news were stricter than the homepage suggested.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Fills past the stop.",
                        "type": "text"
                      },
                      {
                        "text": " A few Trustpilot reviewers say gold trades closed beyond their stop loss and caused a breach.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Low split.",
                        "type": "text"
                      },
                      {
                        "text": " Reddit threads point to a profit share that starts lower than most competitors.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Promo codes.",
                        "type": "text"
                      },
                      {
                        "text": " One recent Trustpilot reviewer says an advertised code did not apply at checkout.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
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            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Recently",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "No dated reviews from the last 90 days stand out in the evidence. The Prop Firm Match page as seen in early October 2026 includes a complaint about an approved $1,500 payout on an Instant Funding account later being rejected, with the firm replying and asking for evidence.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.trustpilot.com/review/audacity.capital",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the firm's current review page.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://propfirmmatch.com/prop-firms/audacity-capital/reviews",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Prop Firm Match",
                        "type": "text"
                      },
                      {
                        "text": ": verified trader reviews with firm replies.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                              "href": "https://www.myfxbook.com/reviews/prop-trading-firms/audacity-capital/2985988,1",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Myfxbook",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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                "content": [
                  {
                    "content": [
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                        "marks": [
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                            "attrs": {
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                              "href": "https://www.feefo.com/en-GB/reviews/audacity-capital",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Feefo",
                        "type": "text"
                      },
                      {
                        "text": ": customer reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.reddit.com/search/?q=audacity%20capital",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit search",
                        "type": "text"
                      },
                      {
                        "text": ": threads in the forex and prop firm subreddits.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.financemagnates.com/forex/trustpilot-did-it-again-removed-fake-reviews-of-12-year-old-prop-firm-audacity-capital/",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Finance Magnates",
                        "type": "text"
                      },
                      {
                        "text": ": on Trustpilot removing reviews in March 2025.",
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                      }
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      "sort_order": 107,
      "seo_title": "Audacity Capital: Ability Challenge prices and rules",
      "seo_description": "Audacity Capital runs the 2-step Ability Challenge from $49, the 1-step Ability One and FTP instant accounts, with static drawdowns and MT5 or DXtrade.",
      "logo": "/logos/audacity-capital.png",
      "updated_at": "2026-10-06T18:17:27.606104Z"
    },
    {
      "slug": "instant-funding",
      "name": "Instant Funding",
      "tagline": "Skip-the-test funded accounts from $44, plus one- and two-phase challenges.",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "Instant Funding is a London-based firm, launched in 2022, best known for funded accounts you buy outright with no evaluation. It also sells one- and two-phase challenges for forex, indices, commodities and crypto on MT5, cTrader or Match-Trader. It suits traders who would rather pay more up front than sit through a test.",
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            ],
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            "attrs": {
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            "content": [
              {
                "text": "How the evaluation works",
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          {
            "content": [
              {
                "content": [
                  {
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                        "text": "Instant Funding PRO:",
                        "type": "text"
                      },
                      {
                        "text": " no target and no daily limit. The floor starts 10% below your starting balance and moves up to 5% below it once you're 5% in profit. Sizes run from $625 to $120K.",
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                    ],
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              {
                "content": [
                  {
                    "content": [
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                        "marks": [
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                        "text": "One-Phase PRO:",
                        "type": "text"
                      },
                      {
                        "text": " a 10% target, 3% daily loss limit and an 8% static maximum loss, with at least 3 trading days.",
                        "type": "text"
                      }
                    ],
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                ],
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                "content": [
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                        "text": "Two-Phase:",
                        "type": "text"
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                      {
                        "text": " 8% then 5%, with a 5% daily and 10% static loss limit and 3 trading days per phase.",
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                    ],
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                ],
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            "content": [
              {
                "text": "There are cheaper Micro and Lite versions too, each with its own limits.",
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            ],
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          {
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            "content": [
              {
                "text": "Rules worth knowing",
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            "content": [
              {
                "text": "On funded challenge and instant accounts, trades opened or closed within 4 minutes of a major release are restricted unless you bought the news and weekend add-on. The same add-on is needed to hold over the weekend; challenge phases can hold freely. Instant accounts cap risk on one trade idea at 3% of the starting balance. Public third-party EAs, grid trading and holding trades under 60 seconds aren't allowed. An account with no trades for 60 days is closed.",
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            "content": [
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                "text": "Getting paid",
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          {
            "content": [
              {
                "text": "The split is 80%, or 90% with an add-on. Instant accounts pay 14 days after your first trade, then every 7 days. Challenge accounts use on-demand payouts once your best day is under 40% of total profit. Payouts go by bank transfer or crypto through Rise, or direct crypto, from $25.",
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      "markets": [
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        "overnight_holding": "allowed",
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        "Very small entry sizes, from a $625 account",
        "Challenge accounts can request payouts on demand",
        "Instant accounts double in size at each 10% gain"
      ],
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        "Instant accounts are expensive per dollar of capital",
        "News and weekend holding on funded accounts need an add-on",
        "40% best-day rule before challenge payouts",
        "US traders are limited to Match-Trader"
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          "id": "2-phase-100k",
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          "price": 539,
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            5
          ],
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          "refundable_fee": false
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        {
          "source": "forexpeacearmy",
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                "text": "Instant Funding has a large and mostly positive review base: 4.5 on Trustpilot from about 3,700 reviews and 4.0 on Prop Firm Match from about 360 verified reviews. The gap between the two hints at the pattern underneath. Plenty of traders report smooth, quick payouts, while a sizeable group of low reviews describe accounts closed or payouts denied at the review stage. One review site counted close to a third of the Trustpilot reviews as one-star.",
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                "text": "What traders like",
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                        "text": "Fast payouts.",
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                        "text": " Many reviewers say withdrawals arrived the same day or within about a day, often in crypto.",
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                        "text": " Traders like being able to start on a funded account straight away, especially on the cheaper IF Micro accounts.",
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                        "text": "Trading conditions.",
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                        "text": " Several reviews praise spreads, execution speed and chart accuracy.",
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                        "text": "Support and community.",
                        "type": "text"
                      },
                      {
                        "text": " Support staff and the Discord get regular praise, and a few traders say they were given a second chance after a minor rule slip.",
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                "text": "Common complaints",
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                "content": [
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                        "marks": [
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                        "text": "Payouts denied after compliance review.",
                        "type": "text"
                      },
                      {
                        "text": " The most common serious complaint. Several reviewers on Trustpilot, Prop Firm Match and Forex Peace Army say a payout request triggered a review that found copy trading, shared IP or VPS issues they dispute, sometimes from hotel or mobile connections.",
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                "content": [
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                    "content": [
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                          }
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                        "text": "Strict risk rules.",
                        "type": "text"
                      },
                      {
                        "text": " Some traders say the per-trade loss limit or the Smart Drawdown, which tightens once you are up 5%, caught them out, including trades counted together that they opened seconds apart.",
                        "type": "text"
                      }
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                "content": [
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                    "content": [
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                        "marks": [
                          {
                            "type": "bold"
                          }
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                        "text": "Slippage.",
                        "type": "text"
                      },
                      {
                        "text": " A few reviewers say stops filled well past their level and that requests for tick data went unanswered.",
                        "type": "text"
                      }
                    ],
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                "content": [
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                    "content": [
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                        "marks": [
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                            "type": "bold"
                          }
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                        "text": "Price rises.",
                        "type": "text"
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                      {
                        "text": " Some long-time customers complain that account prices went up without notice.",
                        "type": "text"
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                "text": "Recently",
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            "content": [
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                "content": [
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                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "September 2026:",
                        "type": "text"
                      },
                      {
                        "text": " a Prop Firm Match reviewer describes an account terminated on 1 September for alleged copy trading and a shared IP, traced to travel on public Wi-Fi. Similar disputes keep appearing in recent reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
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            "content": [
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                "text": "Where this comes from",
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                        "text": "Trustpilot",
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                      },
                      {
                        "text": ": the firm's main review page.",
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Prop Firm Match",
                        "type": "text"
                      },
                      {
                        "text": ": verified trader reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                              "href": "https://www.forexpeacearmy.com/forex-reviews/21284/instant-funding-review",
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": trader write-ups, mostly complaints.",
                        "type": "text"
                      }
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                    "type": "paragraph"
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                "content": [
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                            "type": "link"
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                        "text": "YouTube search",
                        "type": "text"
                      },
                      {
                        "text": ": review videos.",
                        "type": "text"
                      }
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      "seo_title": "Instant Funding: instant accounts, challenges and rules",
      "seo_description": "Instant Funding sells no-evaluation accounts from $44 and One-Phase and Two-Phase challenges, with an 80% split, on-demand payouts and MT5 or cTrader.",
      "logo": "/logos/instant-funding.png",
      "updated_at": "2026-10-06T18:17:27.606104Z"
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    {
      "slug": "lark-funding",
      "name": "Lark Funding",
      "tagline": "Canadian CFD firm with 1-Step, 1-Step Max, 3-Step and instant accounts, and no news rules.",
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            "content": [
              {
                "text": "Lark Funding is a Canadian firm, operating since 2022, that sells simulated accounts for forex, indices, commodities, stocks and crypto CFDs on DXtrade, cTrader or Match-Trader. Every evaluation uses a static drawdown, with no minimum trading days and no deadline. It suits traders who want a cheap way in and don't need to hold over the weekend.",
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            "content": [
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                "text": "How the evaluation works",
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                        "text": "1-Step:",
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                      },
                      {
                        "text": " one 10% target, a 5% daily loss limit and a 7% maximum loss fixed to the starting balance. Sizes run from $10K to $200K.",
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                "content": [
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                        "text": "1-Step Max:",
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                      {
                        "text": " a 12% target with a 12% static floor and 5% daily limit, but no single trade setup may risk more than 1%. Three free restarts are included.",
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                        "text": "3-Step:",
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                        "text": " 5%, then 4%, then 3%, with a 5% static floor and no daily limit. It's the cheapest route, from $105 for $10K.",
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                        "text": "Instant:",
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                      {
                        "text": " no evaluation, a 5% daily limit and an 8% drawdown that trails your highest equity until you're 8% up.",
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                "text": "Rules worth knowing",
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            "content": [
              {
                "text": "News trading is allowed, but Lark bans \"all-or-nothing\" sizing and caps gains at $10,000 per day or per trade. Trades without a stop loss get closed automatically. Positions are shut at 3:45 PM EST on Fridays unless you bought the weekend add-on, which costs 10% of the fee. EAs are tolerated, though HFT and arbitrage bots are banned. You can copy trades into one evaluation, and into several accounts once funded. Fees aren't refundable.",
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            "content": [
              {
                "text": "Evaluation accounts pay 80% every 14 days, with 90% and weekly payouts sold as add-ons. Instant accounts pay 90%, with the first payout on demand and then every 30 days. All payouts go through Rise, with a $100 minimum and a $40 flat fee.",
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      "website_url": "https://larkfunding.com",
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          "id": "instant-10k",
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                "text": "Lark Funding, a Canadian firm running since 2022, has a solid reputation among the traders who review it. It holds a 4-star rating on Trustpilot from about 520 reviews and 4.5 on Prop Firm Match from about 90. TheTrustedProp has four user reviews averaging 9.1 out of 10. A Forex Peace Army page exists but the bundle shows no score for it, and Reddit discussion is thin.",
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                        "text": "Fast payouts.",
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                        "text": " Many reviewers on Trustpilot and Prop Firm Match say payouts landed quickly, some within hours, and several mention it was their first payout from any prop firm.",
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                        "text": "Clear rules.",
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                        "text": " Traders often say the rules are simple and published up front, with no consistency rule, no time limits and no news restrictions.",
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                        "text": "Support and the founder's presence.",
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                        "text": " Support gets steady praise for fast, friendly answers, and reviewers note that the CEO is active with the community.",
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                        "text": "Platforms.",
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                        "text": " A few say Match-Trader worked better than they expected, though some still want MetaTrader.",
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                        "text": "Slow dispute handling.",
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                        "text": "Price rises.",
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                        "text": " Reviewers note that the Lark 3.0 overhaul raised challenge prices and dropped the 2-step option.",
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                        "text": " A handful mention price delays or slippage on the platform.",
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                "text": "Recently",
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              {
                "content": [
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                        "text": "August 2026:",
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                      },
                      {
                        "text": " reviews of the Lark 3.0 changes focus on higher prices and the removal of the 2-step challenge, while praising payout speed.",
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                        "text": " a Trustpilot reviewer with past payouts says a support issue opened in May was still unresolved, and another disputes a multiple-account flag on a competition entry. The Trustpilot count now shows about 520 reviews, down from 580 in late 2025.",
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                        "text": "Trustpilot",
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                        "text": "Prop Firm Match",
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                        "text": ": verified trader reviews.",
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                        "text": "TheTrustedProp",
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                        "text": ": a few user reviews.",
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                "content": [
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                              "target": "_self"
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                        "text": "Forex Peace Army",
                        "type": "text"
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                      {
                        "text": ": review page.",
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                      }
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              {
                "content": [
                  {
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                            "attrs": {
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                        "text": "Reddit",
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                        "text": ": a thread asking whether the firm is legit.",
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      "seo_title": "Lark Funding review: 1-Step, 3-Step and instant rules",
      "seo_description": "Lark Funding sells 1-Step, 1-Step Max, 3-Step and instant CFD accounts from $99, with an 80% split, 14-day payouts and DXtrade, cTrader or Match-Trader.",
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      "slug": "hola-prime",
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            "content": [
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                "text": "Hola Prime is a Hong Kong firm selling forex and CFD challenges on MT5, cTrader, Match-Trader and TradeLocker, plus a futures challenge on Tradovate, NinjaTrader and WealthCharts. Its pitch is speed: payout requests are processed within an hour. It suits swing traders who want to hold through news and weekends on a Prime account.",
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                "text": "How the evaluation works",
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                        "text": "1-Step Prime:",
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                        "text": " one 10% target, a 3% daily loss limit and a 6% static maximum loss, with 2 trading days minimum.",
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                        "text": "2-Step Prime:",
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                        "text": " 8% then 5%, with a 5% daily and 10% static limit (4% and 8% on $200K), and 3 trading days per phase.",
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                        "text": "2-Step Pro:",
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                        "text": " the same targets and limits with 1:100 leverage instead of 1:50, and 2 trading days per phase.",
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                "text": "Hola Prime scores well with reviewers, 4.5 on Trustpilot from about 3,900 reviews and 4.3 on Prop Firm Match from about 160, and its fast payouts are the reason most often given. There is a caveat on the Trustpilot number: in March 2025 Trustpilot removed around 1,300 reviews from the page for breaching its guidelines, after press reports noted reviews dated before the firm existed. The score has been rebuilt since then. The firm invites customers to review and replies to nearly every negative one.",
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                        "text": " Several traders like having cTrader, DX Futures and other platforms, and some run bots there.",
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                        "text": "Strict rule enforcement.",
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                        "text": " One Forex Peace Army thread says identity documents not in English were refused.",
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                "text": "FXIFY is a UK-registered firm that's part of the FXPIG broker group. It sells forex, metals, indices, stocks and crypto evaluations on MT4, MT5, DXtrade and TradingView, with accounts up to $400K. It suits traders who want to choose their drawdown style.",
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                        "text": " a 10% target, 3% daily limit and a 6% drawdown that trails your closed balance until you're 6% up, then locks.",
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                        "text": " 10% then 5%, with a 4% daily and 10% trailing limit that locks once you're 10% up.",
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                          }
                        ],
                        "text": "July to August 2026:",
                        "type": "text"
                      },
                      {
                        "text": " Trustpilot reviews from this period include complaints about payout delays and a withdrawal fee charged on a payout that a reviewer says never arrived. One long-time user wrote in August that a delayed payout was eventually resolved.",
                        "type": "text"
                      }
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                "content": [
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                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
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                        "text": "August 2026:",
                        "type": "text"
                      },
                      {
                        "text": " new Forex Peace Army posts describe accounts blocked after small withdrawal requests. The Trustpilot score quoted by review sites has stayed at 4.3.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
              }
            ],
            "type": "heading"
          },
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            "content": [
              {
                "content": [
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                              "href": "https://www.trustpilot.com/review/fxify.com",
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the firm's main review page and the largest pool of reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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              },
              {
                "content": [
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                    "content": [
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                        "marks": [
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                            "attrs": {
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                              "href": "https://propfirmmatch.com/prop-firms/fxify/reviews",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Prop Firm Match",
                        "type": "text"
                      },
                      {
                        "text": ": verified trader reviews with firm replies.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": trader write-ups, mostly payout disputes.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
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              },
              {
                "content": [
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                    "content": [
                      {
                        "marks": [
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                            "attrs": {
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit search",
                        "type": "text"
                      },
                      {
                        "text": ": threads in r/Forex, r/Daytrading and r/PropfirmsForum.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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      "seo_title": "FXIFY: one, two and three phase challenges compared",
      "seo_description": "FXIFY sells One, Two and Three Phase evaluations and instant accounts from $39, with on-demand first payouts, up to 90% split and MT4, MT5 or DXtrade.",
      "logo": "/logos/fxify.svg",
      "updated_at": "2026-10-06T18:17:27.606104Z"
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    {
      "slug": "brightfunded",
      "name": "BrightFunded",
      "tagline": "Three CFD evaluations with a 15% cut of your evaluation profits paid back later.",
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        "content": [
          {
            "content": [
              {
                "text": "BrightFunded is a Dubai firm, set up in 2023, selling evaluations for forex, indices, commodities and crypto CFDs on MT5, cTrader or DXtrade. Fees are in euros and accounts run from $5K to $200K. It suits traders who want to pick between one fast phase and two roomier ones, with no deadline on either.",
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            "content": [
              {
                "text": "How the evaluation works",
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                        "text": "1-Step:",
                        "type": "text"
                      },
                      {
                        "text": " one 10% target, a 3% daily loss limit and a 6% maximum loss that trails your highest equity in real time until you're 6% up, then locks at the starting balance.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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                "content": [
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                    "content": [
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                        "marks": [
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                        "text": "2-Step Bright:",
                        "type": "text"
                      },
                      {
                        "text": " 8% then 5%, with a 4% daily and 8% overall limit on a static floor.",
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                      }
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                    "type": "paragraph"
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                "content": [
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                    "content": [
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                        "text": "2-Step Classic:",
                        "type": "text"
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                      {
                        "text": " 10% then 5%, with a 5% daily and 10% overall limit, also static.",
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                "text": "Every plan needs five trading days per stage. The daily limit resets from the higher of balance or equity at the 23:30 CET rollover.",
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                "text": "Rules worth knowing",
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          {
            "content": [
              {
                "text": "News is free to trade in both evaluation phases. On funded accounts, profit from trades opened or closed within five minutes of a high-impact release is removed, but the account stays open. There's no consistency rule. Hedging inside one account is fine; hedging across accounts or firms ends accounts on a second offence. Copy trading only works between accounts you own.",
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          {
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            "content": [
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                "text": "Getting paid",
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          {
            "content": [
              {
                "text": "The split starts at 80%, with 90% sold as a checkout add-on and more through the scaling plan. Your first payout comes 30 days after the first funded trade, then every 14 days, or weekly with an add-on. Payouts go by euro bank transfer or USDC within a day. BrightFunded also adds 15% of your evaluation profits to a later funded account once you've grown 10%.",
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      "markets": [
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        "News trading is open during both evaluation phases",
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                "text": "BrightFunded scores 4.4 on Prop Firm Match from about 130 verified reviews. Its Trustpilot page currently shows no score at all: Trustpilot removed a number of fake reviews and flagged the profile for a breach of its guidelines, so the 4.4 to 4.6 figures quoted by older review sites no longer apply. The page still carries over 500 reviews. Feedback splits between traders who praise very fast payouts and traders who say funded accounts were closed after a first payout.",
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                        "text": "Few rules.",
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                        "text": " Reviewers like the lack of consistency rules and time limits, and say the objectives are easy to follow.",
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                        "text": "A CEO who steps in.",
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                        "text": " Several Prop Firm Match and Trustpilot reviewers say the CEO looked at their case personally and reversed a closure the risk team had got wrong.",
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                        "text": " The main pattern on Trustpilot and Forex Peace Army: traders say they were paid once and then had the funded account terminated under a risk rule they believe they followed.",
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                        "text": "Slippage.",
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                        "text": " Several reviewers on Trustpilot and Reddit say stops filled well past their level, and one says this cost them many accounts.",
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                        "text": " A Reddit thread from April 2026 questions spreads and limit-order fills on crypto.",
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                        "text": "Paid extras.",
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                        "text": " Some review sites point out that weekly payouts and the top profit split depend on paid add-ons.",
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                        "text": " review sites confirm the Trustpilot score is still hidden after the fake-review notice.",
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                        "text": " the firm replied on Trustpilot to a disputed case saying the payout was sent on 1 September, and new Prop Firm Match reviews describe closures being reviewed and reversed.",
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                "text": "Where this comes from",
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                        "text": ": the firm's main review page, with the score currently hidden.",
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                        ],
                        "text": "Prop Firm Match",
                        "type": "text"
                      },
                      {
                        "text": ": verified-trader reviews on a prop firm comparison site.",
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                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": trader review page.",
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                      }
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                          }
                        ],
                        "text": "Reddit search",
                        "type": "text"
                      },
                      {
                        "text": ": threads in r/Trading, r/Daytrading and r/ForexPropFirms.",
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                        ],
                        "text": "YouTube",
                        "type": "text"
                      },
                      {
                        "text": ": a challenge and payout review video.",
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      "seo_title": "BrightFunded review: 1-Step and 2-Step rules, prices",
      "seo_description": "BrightFunded sells 1-Step, 2-Step Bright and 2-Step Classic CFD evaluations from €47, with an 80% split, 14-day payouts and MT5, cTrader or DXtrade.",
      "logo": "/logos/brightfunded.png",
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    {
      "slug": "atlas-funded",
      "name": "Atlas Funded",
      "tagline": "CFD and futures evaluations with a 24-hour payout promise backed by a $1,000 penalty.",
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          {
            "content": [
              {
                "text": "Atlas Funded started in 2024 and runs two markets from one dashboard: forex, indices and metals CFDs on MT5, TradeLocker or Match-Trader, and CME futures on Volumetrica or WealthCharts. It suits traders who want both under one login and care about fast payouts.",
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                "text": "How the evaluation works",
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                        "text": "2-Step:",
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                      {
                        "text": " 8% then 5%, with a 5% daily and 10% overall loss limit on a static floor.",
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                        "text": "2-Step Pro:",
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                        "text": " 7% then 4% with an 8% static limit, no daily limit and no minimum days.",
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                        "text": "1-Step:",
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                        "text": " one 10% target, a 4% daily and 7% static overall limit. Both standard plans need three trading days per phase.",
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                        "text": "1-Step Pro:",
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                        "text": " one 8% target, 6% static, no daily limit.",
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                        "text": "Atlas Apex (futures):",
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                        "text": " a 6% target (8% on $25K), no daily limit and an end-of-day trailing drawdown.",
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                "text": "There's no time limit, but 30 days without a trade can close an account. On funded CFD accounts, profit from trades opened or closed within five minutes of a red-folder release is deducted, as is profit on trades held under three minutes. A 2% floating loss trips the Atlas Protector: the first hit closes everything and drops the split to 50%, the second ends the account. Futures accounts must be flat by 4:45 PM New York time.",
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                "text": "The standard split is 90%, or 100% with an add-on. On 1-Step and 2-Step the first payout opens 14 days after the funded account is created, then every 14 days. Apex pays weekly, with caps. Payouts go by Rise or USDT, and Atlas adds $1,000 if an approved payout takes longer than 24 hours. Your fee comes back as Atlas Balance credit with the third payout in a row.",
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                "text": "Atlas Funded has a 4-star rating on Trustpilot from about 1,900 reviews, and the picture behind that number is split. Plenty of traders say payouts came fast and support was helpful. A sizeable group of one-star reviews and forum threads describe payouts cut down or refused at review time under rules the trader says they hadn't seen. Forex Peace Army, Myfxbook and Prop Firm Match all have pages on the firm but show no score we could find, and Prop Firm Match lists it as unlisted and not yet reviewed.",
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                        "text": " Many Trustpilot and Prop Firm Match reviewers say their payout landed within a day, which fits the firm's advertised 24-hour payout promise.",
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                        "text": "Cheap way in.",
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                      {
                        "text": " The pay-after-you-pass model, which starts at a few dollars, comes up often as the reason people tried the firm.",
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                        "text": " Several reviewers mention support staff who sorted out a problem quickly.",
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                        "text": " Several traders on Forex Peace Army and Trustpilot say a payout was reduced or refused for margin use, news trading or one-sided exposure, and that they never got the evidence they asked for.",
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                        "text": " A few reviewers say MT5 errors stopped them closing trades.",
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                        "text": " A review site says Trustpilot has flagged removing fake reviews for the company, and the firm's own blog quotes Trustpilot scores higher than the page shows.",
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                "text": "Recently",
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          {
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                "content": [
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                        "text": "August to October 2026:",
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                      {
                        "text": " review roundups from August describe sentiment as mixed, with praise for pricing and the profit split set against complaints about the consistency rule and payout denials. The firm now advertises a $1,000 penalty if a payout is more than 24 hours late.",
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                "text": "Where this comes from",
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                        "text": "Trustpilot",
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                        "text": ": the main review page and the largest pool of reviews.",
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                        "text": "Forex Peace Army",
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                      {
                        "text": ": trader write-ups and payout disputes.",
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                "content": [
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                    "content": [
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                        "marks": [
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                        "text": "Prop Firm Match",
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                      {
                        "text": ": community experiences on an unlisted firm page.",
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                "content": [
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                        "marks": [
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                        "text": "Myfxbook",
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                      {
                        "text": ": a review page with an overview of the programs.",
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                      }
                    ],
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                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                              "target": "_self"
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                            "type": "link"
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                        ],
                        "text": "Reddit",
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                      },
                      {
                        "text": ": a thread on rules found after passing.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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                ],
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      "seo_title": "Atlas Funded: CFD and futures challenges, rules, payouts",
      "seo_description": "Atlas Funded runs 1-Step and 2-Step CFD challenges from $43 and Atlas Apex futures accounts, with a 90% split, 14-day payouts and MT5 or TradeLocker.",
      "logo": "/logos/atlas-funded.png",
      "updated_at": "2026-10-06T18:17:27.606104Z"
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    {
      "slug": "fintokei",
      "name": "Fintokei",
      "tagline": "Czech-run evaluations from the Purple Group, including a three-phase path for beginners.",
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          {
            "content": [
              {
                "text": "Fintokei is run from Brno and grew out of the Purple Group, which has scouted traders since 2007. It launched in Japan in 2022 and sells evaluations for forex, metals, energies, indices and crypto CFDs on TradingView, MT5 or cTrader. It suits traders who want TradingView support, and StartTrader is built for newer traders.",
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            "attrs": {
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            "content": [
              {
                "text": "How the evaluation works",
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            "content": [
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                        "text": "ProTrader:",
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                      },
                      {
                        "text": " 8% then 6%, a 5% daily limit set from midnight equity, and a 10% overall limit from starting capital. No time limit.",
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                        "text": "ProTrader Swing:",
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                      },
                      {
                        "text": " same targets and limits, but the daily limit is set from midnight balance, so open trades at rollover don't shrink it. Newer accounts are swap-free.",
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                        "text": "SwiftTrader:",
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                        "text": " one 6% target, a 2% daily and 3% overall limit, with a 3% daily profit cap and a 60-day deadline.",
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                        "text": "StartTrader:",
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                      {
                        "text": " three phases at 2%, 3% and 6%, a 3% daily and 6% overall limit, and up to 180 days per phase.",
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            "content": [
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                "text": "Every program needs at least three trading days per phase.",
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              "level": 2
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                "text": "News trading and holding over the weekend are both allowed. No single setup may risk more than 3% of the account, and breaking it brings warnings, not a breach. EAs are fine only when you built or configured them yourself; bought, black-box or copied systems aren't. StartTrader limits any one day to 40% of the phase target. Each account needs a trade every 30 days to stay open.",
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                "text": "ProTrader and Swing pay 80%, SwiftTrader 90%, and StartTrader uses a dynamic ratio between 50% and 100%. You can withdraw 14 days after your first trade and every 14 days after that, and SwiftTrader also needs 3% profit first. Payouts go by bank wire, crypto in listed countries, or the Walletory wallet, and requests are approved automatically.",
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        },
        {
          "source": "reddit",
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            "content": [
              {
                "text": "Fintokei, a Czech firm owned by the group behind the broker Purple Trading and focused on Japan, is well reviewed where most of its English-language reviews sit. It scores 4.5 on Trustpilot from about 1,350 reviews, and 4.3 on Prop Firm Match from only eight verified reviews. Reviews.io is the outlier at 1.2 from 77 reviews. Much of its customer base writes in Japanese, so the English review pool is smaller than its size would suggest.",
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                "text": "What traders like",
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                        "text": "Very fast payouts.",
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                        "text": " This is the most common theme. Reviewers on Trustpilot and Prop Firm Match describe payouts approved within seconds and money arriving within a day or two.",
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                    "content": [
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                        "marks": [
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                        "text": "Clear rules.",
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                        "text": " Many say the conditions are simple and easy to follow.",
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                    "content": [
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                            "type": "bold"
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                        "text": "Instant move to funded.",
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                      {
                        "text": " Several reviewers like getting funded credentials right after passing, with no wait.",
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                        "text": "Platform choice.",
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                        "text": " Some mention the app and being able to take a challenge on TradingView.",
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                        "text": "Terminations over copy trading or hedging.",
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                        "text": " A small number of Trustpilot reviewers say their accounts were closed with no payout or refund over alleged copying or hedging between accounts, and that they never received the specific trades in question.",
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                        "text": "Gold spreads and limits.",
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                      {
                        "text": " A few traders mention high spreads on gold and a daily earning limit on the Swift Pro program.",
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                "text": "Recently",
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          {
            "content": [
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                        "text": "September 2026:",
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                      },
                      {
                        "text": " a Trustpilot reviewer says Fintokei reported their negative review as defamatory, and that Trustpilot assessed it, found it was not, and restored it. Fintokei also replied to feedback about the Swift Pro daily earning limit.",
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                "text": "Where this comes from",
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                        "text": "Trustpilot",
                        "type": "text"
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                      {
                        "text": ": the main review page and the largest English-language pool.",
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              {
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                            "type": "link"
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                        ],
                        "text": "Prop Firm Match",
                        "type": "text"
                      },
                      {
                        "text": ": a handful of verified-trader reviews.",
                        "type": "text"
                      }
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                    "type": "paragraph"
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              {
                "content": [
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                        "text": "Forex Peace Army",
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                      {
                        "text": ": a review page with little activity.",
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                        "text": "Myfxbook",
                        "type": "text"
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                        "text": ": a review page with program details.",
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                        "text": "Reviews.io",
                        "type": "text"
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                        "text": ": a small, mostly negative set of reviews.",
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                "content": [
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                        "text": "Reddit",
                        "type": "text"
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                        "text": ": a thread from traders weighing up the firm.",
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                        "text": " one 8% target, no daily limit, and a 5% maximum loss that trails your highest closed balance. Three profitable days, no time limit.",
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                        "text": " no evaluation. You start on half the account size with a 6% static limit and earn 50% until you hit a 10% milestone.",
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                "text": "News trading, weekend holds and overnight holds are allowed on every program. Only the 1-Step accepts third-party EAs and Martingale. Everywhere else you're limited to EAs you built yourself, and Martingale is banned. There's no consistency rule on the challenges. A failed account can be reset at a discount.",
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                        "text": "Forex Peace Army",
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                        "text": ": older trader write-ups.",
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                        "text": " the same targets and max loss, and you can pass in one day. The 50K to 150K accounts carry a daily loss limit that only locks you out for the rest of the session.",
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                "text": "Everything has to be flat by 4:45 PM ET. Lucid closes anything still open, though it doesn't fail you for it. News trading is allowed on Flex and Pro. Hedging the same contract across accounts is banned, and so is microscalping: if more than half your profit comes from trades held five seconds or less, expect a review. Bots and trade copiers are allowed.",
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                "text": "Lucid Trading has built a large and mostly positive review base in a short time. It scores 4.4 on Trustpilot from about 5,900 reviews, a big total for a futures firm that launched in 2025, and 4.6 on Prop Firm Match from about 160 verified traders. Payout speed is the theme that comes up again and again. One caution: most of its Trustpilot reviews come from customers the firm invited to review, and one review site notes the firm advertises a higher score than Trustpilot currently shows.",
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                        "text": "Dashboard and platform links.",
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                        "text": "Rules that keep changing.",
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                        "text": "August 2026:",
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                      {
                        "text": " one review site reported that Lucid stopped listing challenge prices on its site and now shows the final price only at checkout.",
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                        "text": "August 2026:",
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                        "text": " a Reddit thread from a would-be customer blocked by an account review before buying drew replies from traders saying their payouts had been fine.",
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                        "text": " a review site sampling payout reviews found most positive, with the negatives mainly about how the firm handled a Rithmic outage.",
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                        "text": "Trustpilot",
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                        "text": ": the firm's main review page.",
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                        "text": ": verified futures trader reviews.",
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      "slug": "tradeify",
      "name": "Tradeify",
      "tagline": "Futures evaluations and instant funded accounts with end-of-day drawdowns.",
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                "text": "Tradeify is a futures firm based in Boca Raton, Florida, and it has recently added a forex arm on MT5. The futures side is the main business: one-time-fee evaluations and instant funded accounts on Tradovate, WealthCharts or Rithmic through Tradesea. It suits day traders who want an end-of-day drawdown and a choice between passing fast and getting paid fast.",
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                        "text": " a 6% target with an end-of-day trailing drawdown of about 4% on smaller accounts. There's a daily loss limit and no consistency rule, so you can pass in one day. From $99 for 25K.",
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                        "text": " the same 6% target and end-of-day drawdown, no daily loss limit, and a 40% consistency rule in the evaluation, which means at least three days. From $109 for 25K.",
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          "source": "propfirmmatch",
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                "text": "Tradeify is one of the most reviewed futures prop firms and most traders who review it are happy: 4.5 on Trustpilot from about 4,700 reviews and 4.6 on Prop Firm Match from about 200. Reddit's prop firm forums mostly rank it near the top for reliability. The complaints are a minority, and they centre on KYC checks and accounts closed for suspected fraud rather than on payouts being late.",
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                        "text": " This is the most common praise. Many traders say money reached their Rise wallet within an hour or two, with few compliance delays.",
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                        "text": "August 2026:",
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                        "text": " Tradeify launched Tradeify 3.0, with new 25K accounts and a live funding programme. Forex Peace Army posts complain about KYC rejections.",
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                        "text": ": the firm's main review page.",
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                "text": "My Funded Futures is one of the best-reviewed futures prop firms: 4.9 on Trustpilot from about 22,000 reviews and 4.6 on Prop Firm Match from about 250 verified traders. Trustpilot notes the firm does not invite reviews and has not replied to negative ones, and flags it as possibly associated with high-risk investments, which it does for many prop firms. Reddit is more mixed than the review sites, with some long-time users saying the firm has slipped.",
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                        "text": "July 2026:",
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                        "text": "October 2026:",
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                        "text": " the firm backed the launch of MyFundedPerps, a perpetual futures prop firm. It has no review history of its own yet.",
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                        "text": "Forex Peace Army",
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                "text": "FuturesElite is a young futures firm, running since late 2024, with a mostly positive but contested review record. Trustpilot no longer shows a score for it. Review sites reported in September 2026 that Trustpilot withdrew the rating after removing reviews that broke its guidelines, and that it flagged the company for pressuring people to change or remove negative reviews. Before that the page showed around 4 to 4.5 from about 300 reviews, mostly five stars. On Prop Firm Match it holds 4.5, but from only 14 reviews.",
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                        "text": "Trust in the reviews.",
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                        "text": "July 2026:",
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                        "text": "Prop Firm Match",
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                        "text": ": verified trader reviews, more mixed than Trustpilot.",
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                        "text": "Reddit",
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                "text": "Funded Futures Family (FFF) is a futures firm from Temecula, California, founded in 2024. Its evaluations are billed monthly until you pass, then the subscription stops and there's no activation fee. It suits manual intraday traders who are happy with a 90% split and payouts through Rise.",
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                "text": "Funded Futures Family is a young futures firm, founded in 2024, with a large and mostly positive review base: 4.6 on Trustpilot from about 3,300 reviews, and 4.0 from 47 reviews on Prop Firm Match, a newer listing for this firm. Most reviewers talk about fast payouts and an active, helpful community. The low reviews center on payouts denied at the last step.",
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                "text": "What traders like",
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                        "text": "Quick payouts.",
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                      },
                      {
                        "text": " Many Trustpilot reviewers say a first payout was approved within minutes or paid within a day.",
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                "content": [
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                    "content": [
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                        "text": "Support and community.",
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                      },
                      {
                        "text": " Reviewers often praise how fast support resolves tickets, and mention the Discord and the firm's video channel as useful for learning.",
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                "content": [
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                    "content": [
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                        "text": "Trader-friendly rules.",
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                      },
                      {
                        "text": " Review sites and traders point to no activation fee and no daily loss limit on funded accounts.",
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                      }
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            "content": [
              {
                "text": "Common complaints",
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                        "text": "Payout denials.",
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                      },
                      {
                        "text": " Trustpilot's own summary notes that some customers report payouts delayed, denied or not received after approval. A widely shared Reddit thread from June 2026 describes a payout refused and the account closed over a VPN or device-sharing accusation the trader disputes.",
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              {
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                    "content": [
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                        "text": "Strict eligibility.",
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                      },
                      {
                        "text": " Some traders on Reddit say rules around shared computers or trading while travelling can make a payout ineligible.",
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              {
                "content": [
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                        "text": "Doubts about the reviews.",
                        "type": "text"
                      },
                      {
                        "text": " A few Reddit posters say many positive reviews are prompted through support chats or incentives. We haven't been able to confirm this.",
                        "type": "text"
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                    ],
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                ],
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              },
              {
                "content": [
                  {
                    "content": [
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                        "text": "Payout math.",
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                      },
                      {
                        "text": " Review sites note that qualifying days, profit-day minimums and a consistency ladder decide what can be withdrawn, which some find harder than the headline promise.",
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            "content": [
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                "text": "Recently",
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                "content": [
                  {
                    "content": [
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                        "text": "August to September 2026:",
                        "type": "text"
                      },
                      {
                        "text": " the firm says no eligible payout has been denied since automated account monitoring replaced manual review, and points to a public payout feed. The Trustpilot score slipped from 4.7 to 4.6 at some point this year. The firm also joined Prop Firm Match.",
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                      }
                    ],
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            },
            "content": [
              {
                "text": "Where this comes from",
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              }
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                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the firm's main review page.",
                        "type": "text"
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              {
                "content": [
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                        ],
                        "text": "Prop Firm Match",
                        "type": "text"
                      },
                      {
                        "text": ": the firm's listing on a prop firm comparison site; the score is as quoted on the firm's own reviews page.",
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                "content": [
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                    "content": [
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                            "type": "link"
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                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": a trader review page, with no score in our evidence.",
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                      }
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              {
                "content": [
                  {
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                        ],
                        "text": "Reddit thread",
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                      },
                      {
                        "text": ": a June 2026 payout dispute with 64 comments.",
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      "seo_title": "Funded Futures Family review: plans, rules and payouts",
      "seo_description": "Funded Futures Family offers Prime, Premier+ and Velocity futures evaluations from $125 a month, plus Straight to Funded accounts and a 90% profit split.",
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      "updated_at": "2026-10-06T18:17:27.606104Z"
    },
    {
      "slug": "tradeday",
      "name": "TradeDay",
      "tagline": "Monthly futures evaluations with a daily-payout Quick Pay track and a 3-day Fast Pass.",
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          {
            "content": [
              {
                "text": "TradeDay is a Chicago futures evaluation firm that's been running since 2020. You pay a monthly subscription, pass a single-phase evaluation on CME products, and move to a Funded Sim account with no activation fee. It suits day traders who are flat by the close.",
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                "text": "How the evaluation works",
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                        "text": "Quick Pay:",
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                      {
                        "text": " a 6% profit target over at least 5 trading days, with no day worth more than 30% of your profit. The max drawdown is 4% on 25K and 50K and 3% on 100K and 150K, trailing intraday by default. An end-of-day version costs a bit more, but the funded account trails intraday either way.",
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                        "text": "Fast Pass:",
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                      {
                        "text": " the same targets and drawdown sizes, measured end of day, with a 3-day minimum and a 45% consistency cap.",
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                "text": "There's no daily loss limit on either. The drawdown stops trailing once it reaches your starting balance.",
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                "text": "Rules worth knowing",
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                        "text": "Every position gets liquidated 10 minutes before the daily close, so nothing is held overnight past the close or over the weekend.",
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                        "text": "Tier 1 releases like CPI, NFP and FOMC are off limits. Positions are closed 2 minutes before and trading reopens 2 minutes after.",
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                    "content": [
                      {
                        "text": "Your own bots are fine on the supported platforms. Bots bought from a third party aren't.",
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                    "content": [
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                        "text": "Copy trading works across evaluation and Funded Sim accounts, up to 10 accounts.",
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            "content": [
              {
                "text": "Quick Pay funded accounts can request a payout from the first day, minimum $250. The split is 50/50 while the account holds less than $4,000 profit and 80/20 above that. Fast Pass pays 80/20 after 5 profitable days, with a cap per payout from $750 to $2,250 by size. Funded Live traders get 90/10. Payouts go through Rise to a bank wire or crypto, usually next business day.",
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            "content": [
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                "text": "TradeDay, a Chicago futures firm running since 2020, scores well on review sites and much worse on Reddit. It holds 4.6 on Trustpilot from about 1,400 reviews, a quarter or so of them invited by the firm, and 4.4 on Prop Firm Match from only 16 reviews. Reddit threads lean critical, mostly about rules and payout caps rather than unpaid withdrawals.",
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                        "text": "Simple, fair rules.",
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                      {
                        "text": " Reviewers often say the rules are easier to follow than at other firms they have used.",
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                    "content": [
                      {
                        "marks": [
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                        "text": "A path to live capital.",
                        "type": "text"
                      },
                      {
                        "text": " Some like that funded traders can move on to a live account with real money.",
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                      }
                    ],
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                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
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                        "text": "Support and the 2.0 revamp.",
                        "type": "text"
                      },
                      {
                        "text": " Recent reviewers praise support and say the relaunched platform and lower prices are an improvement.",
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                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              }
            ],
            "type": "bulletList"
          },
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            "attrs": {
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            "content": [
              {
                "text": "Common complaints",
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                "content": [
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                    "content": [
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                        "text": "Consistency rules and payout caps.",
                        "type": "text"
                      },
                      {
                        "text": " Several Reddit users say the consistency rules are among the strictest in futures and the caps on funded payouts are low.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                            "type": "bold"
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                        "text": "Slow evaluation.",
                        "type": "text"
                      },
                      {
                        "text": " A few find the minimum number of trading days too long.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
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                        "text": "Bans.",
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                      {
                        "text": " A few Reddit users say accounts were banned without a clear reason, including one who says a large pending payout was cancelled with only the fee refunded, and another who says traders get banned for growing accounts too fast.",
                        "type": "text"
                      }
                    ],
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                "content": [
                  {
                    "content": [
                      {
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                        "text": "Payout reviews.",
                        "type": "text"
                      },
                      {
                        "text": " Some say milestone reviews delayed a payout by more than a day.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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                ],
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            ],
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              "level": 2
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            "content": [
              {
                "text": "Recently",
                "type": "text"
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            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "July 2026:",
                        "type": "text"
                      },
                      {
                        "text": " Fast Pass funded accounts opened from 26 July carry a new 45% consistency rule and a lower payout cap. Existing accounts are mostly grandfathered.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              },
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                "content": [
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                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "August to September 2026:",
                        "type": "text"
                      },
                      {
                        "text": " the firm added Rithmic as a second platform route and a 25K account, and ran deep discounts on evaluations.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
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            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
              }
            ],
            "type": "heading"
          },
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            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
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                            "attrs": {
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                              "href": "https://www.trustpilot.com/review/tradeday.com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the firm's main review page, with firm replies.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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                ],
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              {
                "content": [
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                            "type": "link"
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                        ],
                        "text": "Prop Firm Match",
                        "type": "text"
                      },
                      {
                        "text": ": a small set of verified reviews.",
                        "type": "text"
                      }
                    ],
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                  }
                ],
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              },
              {
                "content": [
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                              "target": "_self"
                            },
                            "type": "link"
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                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": trader review page.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              },
              {
                "content": [
                  {
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                      {
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                            "attrs": {
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                              "target": "_self"
                            },
                            "type": "link"
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                        ],
                        "text": "Reddit search",
                        "type": "text"
                      },
                      {
                        "text": ": threads in r/PropFirmTester and others.",
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                "content": [
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                        ],
                        "text": "YouTube search",
                        "type": "text"
                      },
                      {
                        "text": ": evaluation and payout test videos.",
                        "type": "text"
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      "seo_title": "TradeDay review: Quick Pay and Fast Pass futures rules",
      "seo_description": "TradeDay sells Quick Pay and Fast Pass futures evaluations from $100 a month, 25K to 150K, with no activation fee, trailing drawdowns and Rithmic or Tradovate.",
      "logo": "/logos/tradeday.png",
      "updated_at": "2026-10-06T18:17:27.606104Z"
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    {
      "slug": "traders-launch",
      "name": "Traders Launch",
      "tagline": "One-time-fee futures and crypto evaluations with an end-of-day drawdown and daily payouts.",
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            "content": [
              {
                "text": "Traders Launch is a Philadelphia firm selling one-step evaluations for futures and, separately, for crypto. You pay once, there's no subscription, and there's no activation fee after you pass. It suits traders who like an end-of-day drawdown and a tight loss limit.",
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            "content": [
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                "text": "How the evaluation works",
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                        "text": "Futures (100K, 200K, 300K):",
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                      {
                        "text": " a 2% profit target with a 1% max drawdown, so $1,000 on the 100K. The drawdown trails your end-of-day balance and locks at the starting balance. You need 3 trading days, 60 days at most, and no day can be more than 40% of your total profit.",
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                        "text": "Crypto (5K, 10K, 20K):",
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                      {
                        "text": " BTC, ETH, SOL and XRP at 5x leverage. Target and drawdown are the same dollar amount, from $200 on the 5K to $1,500 on the 20K, also end of day. You need 4 trading days within 60.",
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                        "text": "Legacy NYC:",
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                      {
                        "text": " cheaper futures accounts limited to 9:30am to 4pm ET, with their own targets.",
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            "content": [
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                "text": "If you're above half the target on day 60, you get a free 30-day extension.",
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                "text": "Rules worth knowing",
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                        "text": "Hedging is banned, including long NQ in one account against short ES in another.",
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                    "content": [
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                        "text": "Scalping is fine, but if more than 10% of your trades close within two seconds the account gets paused for review.",
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                    "content": [
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                        "text": "You must place at least one trade a week. Missing a week ends an evaluation.",
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            "content": [
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                "text": "Getting paid",
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            "content": [
              {
                "text": "After passing, you trade a buffer account until you've made the same amount as the drawdown, then sign the contract and do KYC. Once the funded account is more than 1% in profit you can request a payout on any day, with no consistency rule or cap. Standard accounts pay 80%, or 60% if you picked that plan at checkout. Crypto (USDT on Solana) and ACH go out daily, and wires weekly.",
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        "40% best-day rule during the evaluation",
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          "count": 68,
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          "label": "Damn Prop Firms",
          "rating": 4.6,
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                "text": "Traders Launch is a small futures firm with a short but very positive record: 4.7 on Trustpilot from about 75 reviews, 4.7 on Prop Firm Match from 68 verified traders, and 4.6 on Damn Prop Firms from 18. Payout speed comes up again and again. The main caution is size. There are few reviews, little Reddit or YouTube discussion, and one review roundup scored sentiment a neutral three out of five for that reason.",
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                        "text": "Very fast payouts.",
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                        "text": " Many reviewers on Trustpilot and Prop Firm Match say money arrived within minutes to an hour of asking, and that they can request payouts daily.",
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                        "text": "Simple rules once funded.",
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                        "text": " Reviewers like the lack of a consistency rule after the evaluation, no payout caps and no activation fee.",
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                        "text": " Quick replies through Discord and email get frequent praise, and several reviewers mention the CEO answering questions himself.",
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                        "text": " People call the evaluations affordable for the account size.",
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                        "text": "A tight drawdown.",
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                        "text": " Several reviewers find the 1% end-of-day drawdown restrictive and say it forces small position sizes.",
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                        "text": "The dashboard and platform.",
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                        "text": " A few say the dashboard and trading platform could be better.",
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                        "text": "A thin track record.",
                        "type": "text"
                      },
                      {
                        "text": " Some traders hesitate because the firm is young and has little presence outside its own Discord.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Recently",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "July to August 2026:",
                        "type": "text"
                      },
                      {
                        "text": " reviews on Damn Prop Firms and Prop Firm Match stay positive about payout speed, and the firm asked its community for more Prop Firm Match reviews in late August.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "September 2026:",
                        "type": "text"
                      },
                      {
                        "text": " review sites continue to rate the firm well, with the small drawdown as the main caveat. No complaint pattern has appeared.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.trustpilot.com/review/traderslaunch.com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the firm's review page, about 75 reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Prop Firm Match",
                        "type": "text"
                      },
                      {
                        "text": ": verified futures trader reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://damnpropfirms.com/futures-prop-firms/traderslaunch-review/reviews/",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Damn Prop Firms",
                        "type": "text"
                      },
                      {
                        "text": ": a small set of verified trader reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.forexpeacearmy.com/forex-reviews/22309/traders-launch-review",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": a trader review page for the firm.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.reddit.com/r/PropfirmsForum/comments/1q81s79/i_need_traders_launch_reviews_are_they/",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit thread",
                        "type": "text"
                      },
                      {
                        "text": ": a January 2026 thread asking whether the firm is established enough.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              }
            ],
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          }
        ],
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      },
      "reviews_checked_on": "2026-10-06",
      "discount_code": "",
      "discount_label": "",
      "featured": false,
      "sort_order": 123,
      "seo_title": "Traders Launch: futures and crypto evaluation rules",
      "seo_description": "Traders Launch sells one-step futures evaluations from $159 for 100K and crypto accounts from $20, with an EOD drawdown, an 80% split and daily payouts.",
      "logo": "/logos/traders-launch.png",
      "updated_at": "2026-10-06T18:17:27.606104Z"
    },
    {
      "slug": "ylos-trading",
      "name": "YLOS Trading",
      "tagline": "A Portuguese-language futures firm on BlackArrow that pays 100% of the first $15k.",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "YLOS Trading runs futures evaluations from Hoboken, New Jersey, with a site and help centre in Portuguese. You trade CME, CBOT, COMEX and NYMEX contracts on BlackArrow Pro, and every plan is a one-time fee with no monthly renewal. It suits day traders who are happy to work in BlackArrow.",
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            "content": [
              {
                "text": "How the evaluation works",
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            "content": [
              {
                "content": [
                  {
                    "content": [
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                          }
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                        "text": "Standard:",
                        "type": "text"
                      },
                      {
                        "text": " a 6% target on most sizes, with a max loss from 2.5% (300K) to 6% (25K) that trails your end-of-day balance. You pay an activation fee once you pass.",
                        "type": "text"
                      }
                    ],
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                  }
                ],
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
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                        "text": "No Activation Fee:",
                        "type": "text"
                      },
                      {
                        "text": " the same targets and limits, with a higher entry price and nothing to pay on passing.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
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                        "text": "Freedom 2.0 (25K, 50K):",
                        "type": "text"
                      },
                      {
                        "text": " a 6% target, a $1,200 or $2,000 end-of-day drawdown, and fewer rules once funded.",
                        "type": "text"
                      }
                    ],
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                  }
                ],
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                "content": [
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                    "content": [
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                        "marks": [
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                        "text": "Instant Funding:",
                        "type": "text"
                      },
                      {
                        "text": " no evaluation, straight to a funded account with a real-time trailing drawdown.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              }
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          },
          {
            "content": [
              {
                "text": "On Standard and No Activation Fee the funded drawdown trails tick by tick until you're up by the drawdown plus $100, then it freezes.",
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            ],
            "type": "paragraph"
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          {
            "attrs": {
              "level": 2
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            "content": [
              {
                "text": "Rules worth knowing",
                "type": "text"
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          {
            "content": [
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                "content": [
                  {
                    "content": [
                      {
                        "text": "Every position must be closed 30 minutes before the 4pm Chicago close. Holding past it zeroes the account.",
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              {
                "content": [
                  {
                    "content": [
                      {
                        "text": "News is fine in the evaluation, but funded accounts must be flat at the release.",
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                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              {
                "content": [
                  {
                    "content": [
                      {
                        "text": "No bots or third-party copiers. Only the YLOS order replicator is allowed.",
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                      }
                    ],
                    "type": "paragraph"
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                ],
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              {
                "content": [
                  {
                    "content": [
                      {
                        "text": "Funded accounts check that no day is 40% or more of profit (30% on Freedom and Instant), and no single loss is over 5 times your median winner.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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            "content": [
              {
                "text": "Getting paid",
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          {
            "content": [
              {
                "text": "You keep 100% of the first $15,000 across all accounts, 90% up to $30,000 and 80% after. Standard payouts need 10 trading days with 7 winners of $50 or more. Instant Funding needs 5 days of $200. Requests run Monday to Friday, get reviewed within a business day, and are paid through Rise.",
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            ],
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      "website_url": "https://ylostrading.com",
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      "rules": {
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      "pros": [
        "100% of the first $15,000 in payouts",
        "One-time fees with no monthly renewal",
        "End-of-day drawdown during the evaluation",
        "Wide list of CME, CBOT, COMEX and NYMEX contracts"
      ],
      "cons": [
        "BlackArrow Pro is the only platform",
        "Funded drawdown switches to real-time trailing on most plans",
        "10 trading days and 7 winning days before a Standard payout",
        "Standard plan charges an activation fee after you pass"
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        },
        {
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        },
        {
          "id": "standard-300k",
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          "max_loss_pct": 2.5,
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          "profit_split_pct": 100,
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          "refundable_fee": false
        },
        {
          "id": "no-activation-50k",
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          "steps": 1,
          "account_size": 50000,
          "price": 247.5,
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          "profit_targets": [
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          ],
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          "max_loss_pct": 5,
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        {
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      "trustpilot_rating": 4.8,
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          "scale": 5,
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        {
          "source": "x",
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          {
            "content": [
              {
                "text": "Ylos Trading, a futures prop firm founded in 2024 with a largely Brazilian following, scores highly on Trustpilot: 4.8 from about 700 reviews. Trustpilot is the only review site in our evidence with a score, so the picture leans on one source. Independent payout tracking shows the firm pays at scale, and the complaints that exist focus on payout rules and a handful of suspended accounts.",
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                "text": "What traders like",
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                        "text": "The profit split.",
                        "type": "text"
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                      {
                        "text": " Many traders point to keeping all of the first $15,000 in profit.",
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                        "text": "Support.",
                        "type": "text"
                      },
                      {
                        "text": " Reviewers often name individual support staff and say problems were fixed within hours, including prizes credited after the London Prop Firm Expo.",
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                "content": [
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                    "content": [
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                        "text": "Clear risk rules and platform.",
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                      {
                        "text": " Several reviews praise the rules as fair and like the BlackArrow platform.",
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              {
                "content": [
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                    "content": [
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                        "text": "Payouts that arrive.",
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                      },
                      {
                        "text": " Traders describe getting paid, and a payout tracker counts about 2,500 verified payouts worth around $5 million since January 2026.",
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                "text": "Common complaints",
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                        "text": "Accounts suspended with profits.",
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                      },
                      {
                        "text": " A few Trustpilot reviewers say funded accounts were suspended or blocked with thousands in profit, and that the firm called the decision final.",
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                        "text": "Disputes over reviews.",
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                      {
                        "text": " One reviewer says the firm tried to get their negative review removed before closing their account.",
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                        "text": "Payout conditions.",
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                      },
                      {
                        "text": " Some traders on X and review sites say the minimum winning days, payout caps on early withdrawals, the 10-business-day cycle, intraday trailing drawdown and a consistency rule on funded accounts make payouts slow to reach.",
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                        "text": "August 2026:",
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                      {
                        "text": " Ylos was listed on Prop Firm Match, and in replies some traders criticised its payout rules. The firm also replied publicly to a trader whose account was suspended with $3,800 in profit.",
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                        "text": "September 2026:",
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                      {
                        "text": " a Trustpilot reviewer says their account was blocked with $11,000 in profit after a dispute over a review.",
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            "content": [
              {
                "text": "Where this comes from",
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                        "marks": [
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                            "attrs": {
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
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                          }
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                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the firm's main review page.",
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                "content": [
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                            "attrs": {
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                              "href": "https://x.com/PropFirmMatch/status/2084624791701532788",
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "X",
                        "type": "text"
                      },
                      {
                        "text": ": Prop Firm Match's listing announcement and trader replies.",
                        "type": "text"
                      }
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      "seo_title": "YLOS Trading: futures plans, rules and payout split",
      "seo_description": "YLOS Trading sells one-time-fee futures evaluations from 25K to 300K on BlackArrow, plus Freedom and Instant Funding plans, paying 100% of the first $15,000.",
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      "slug": "daytraders",
      "name": "DayTraders",
      "tagline": "Futures evaluations from $40, passable in two days, with a 100% sim profit split.",
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            "content": [
              {
                "text": "DayTraders is a Las Vegas futures evaluation firm, around since 2023, that runs its own browser platform called ArcTrader on Rithmic data. Evaluations start at $40 with a flat $5 activation fee when you pass, and you can pay once or monthly. It suits traders who want a cheap, quick evaluation and don't mind a strict payout routine.",
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            "content": [
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                "text": "How the evaluation works",
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                        "text": "EOD:",
                        "type": "text"
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                      {
                        "text": " a 6% target on 25K and 50K (5% on 300K), an end-of-day trailing drawdown of about 4% on the smaller sizes, and a daily loss limit that pauses you for the day.",
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                        "text": "Trailing:",
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                      {
                        "text": " similar targets, a bigger drawdown that trails intraday, and no daily loss limit.",
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                        "text": " a small drawdown that never moves, for example a $2,500 target and $750 loss limit on 25K.",
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                        "text": "Straight to Funded:",
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                        "text": " no evaluation, with an end-of-day drawdown from day one.",
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            "content": [
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                "text": "Every evaluation needs 2 qualifying days, meaning days that hit a minimum profit ($100 on 25K, up to $400 on 300K). No day can be more than 50% of your total profit.",
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                "text": "Rules worth knowing",
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                        "text": "News trading, overnight holds and weekend holds are all allowed, but mark-to-market moves can still breach your drawdown.",
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                        "text": "Bots and automation are fine as long as they aren't high-frequency.",
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                        "text": "Lifetime accounts need 4 qualifying days every 30 days to stay active.",
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                "text": "Getting paid",
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                "text": "Funded accounts pay 100% of sim profits. You need 8 qualifying days per payout cycle (10 on Straight to Funded), no day above 30% of the cycle's profit (20% on Straight to Funded), and a balance cushion before you can ask. Requests start at $500, are capped by size, and go through Plane. After six payouts you're reviewed for a live account.",
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                "text": "DayTraders is a futures prop firm with a short but positive review record: 4.5 on Trustpilot from about 450 reviews, and 5.0 on Prop Firm Match from only 7. Roughly four in five Trustpilot reviewers give five stars, and a fair share of reviews come from people the firm invited. Most praise is about speed, both of support and of payouts. Most criticism is about rule changes.",
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                "text": "What traders like",
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                        "text": "Payouts approved fast.",
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                      {
                        "text": " Many reviewers say payouts were approved within minutes, which fits the firm's automated approval process.",
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                        "text": " Fast replies from customer service and live chat come up again and again, with one Prop Firm Match reviewer putting it at a few minutes.",
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                        "text": "Simple rules and pricing.",
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                        "text": " Reviewers like the one-time evaluation fee, clear payout rules and stable data, and a few say the firm settled a platform glitch in their favour.",
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                        "text": "Rules changed mid-contract.",
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                        "text": " Several traders say DayTraders brought in weekly qualifying day requirements in early 2026 on accounts they had already bought.",
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                        "text": "Extra checks before payouts.",
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                        "text": " One Prop Firm Match reviewer describes being placed on probation or under review and asked for video evidence before getting paid.",
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                        "text": "Limits and fees.",
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                        "text": " Some would like more than 15 funded accounts, and a few flag the activation fee on Trail and Static accounts.",
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                "text": "Recently",
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                "text": "Nothing dated in the last 90 days beyond routine new reviews; the Prop Firm Match page was last updated in August 2026.",
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                "text": "Where this comes from",
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                        "text": "Trustpilot",
                        "type": "text"
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                      {
                        "text": ": the firm's main review page.",
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                "content": [
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                        "text": "Prop Firm Match",
                        "type": "text"
                      },
                      {
                        "text": ": verified trader reviews, a small sample.",
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              },
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                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
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                        ],
                        "text": "Prop Trading Authority",
                        "type": "text"
                      },
                      {
                        "text": ": summary of the rule change complaints and the Trustpilot breakdown.",
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      "seo_title": "DayTraders review: futures evaluation prices and rules",
      "seo_description": "DayTraders sells EOD, Trailing and Static futures evaluations from $40 plus a $5 activation fee, passable in 2 qualifying days, with a 100% sim profit split.",
      "logo": "/logos/daytraders.svg",
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    {
      "slug": "earn2trade",
      "name": "Earn2Trade",
      "tagline": "Monthly futures evaluations with a career path that scales a funded account up to $400K.",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "Earn2Trade has been running futures evaluations since 2016. You pay a monthly subscription, pass a single-phase test on CME, CBOT, COMEX or NYMEX products, then choose a LiveSim or Live funded account. It suits day traders who want a long runway, since the Trader Career Path keeps growing your account as you hit targets.",
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                "text": "How the evaluation works",
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                        "text": "Trader Career Path (25K, 50K, 100K):",
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                        "text": " Some Prop Firm Match reviewers say the firm costs more than competitors and expect stricter professionalism in return.",
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                        "text": "July 2026:",
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                "text": "Where this comes from",
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                        "text": ": the firm's main review page and the largest pool of reviews.",
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                        "text": "Prop Firm Match",
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                        "text": ": verified trader reviews with firm replies.",
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                        "text": "Forex Peace Army",
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                        "text": "Reddit search",
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                        "text": ": threads in r/PropFirmTester and r/Daytrading.",
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                "text": "Top One Futures sells futures evaluations and instant funded accounts on CME products, all for one-time fees. The range is wide, from cheap one-day evaluations to accounts that pay out daily. It suits manual intraday traders who want to pick the payout rhythm that fits them and possibly copy trades across several accounts.",
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                        "text": " the cheapest instant account, with an end-of-day drawdown, a soft daily loss limit and a 15% consistency rule.",
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                "text": "Top One Futures has built a large, very positive review record in about 18 months: 4.8 on Trustpilot from about 5,000 reviews and 4.7 on Prop Firm Match from about 100 verified traders. Most reviews praise fast payouts and quick support, often naming individual staff. The criticism is a small share, and it centres on payout rules and slow handling of disputes rather than claims of non-payment.",
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                        "text": " This is the most common theme on Trustpilot, with reviewers naming the rep who fixed a billing or account issue, often at weekends.",
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                        "text": "July 2026:",
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                        "text": "Forex Peace Army",
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                "text": "Bulenox is a futures prop firm with a small but very positive review base: 4.7 on Trustpilot from about 1,800 reviews. Most reviewers say they have been paid and that support sorts problems out quickly. The complaints are fewer and mostly about payout rules, in particular a rule on flipping positions, and about activation fees on the older account paths. Trustpilot notes that the firm invites customers to leave reviews, which is worth keeping in mind when reading the score.",
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                        "text": "Prop Firm Match",
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                "text": "Elite Trader Funding, usually shortened to ETF, has been selling futures evaluations since February 2022. It has more plan styles than most firms, so it suits traders who know exactly how they want their drawdown to behave and are happy to compare a few options first.",
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                        "text": " a 6% target with a live trailing drawdown that follows open profit. It's 4% on the 50K and 2.6% on the 250K, with no daily loss limit.",
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            "content": [
              {
                "text": "Elite Trader Funding has a mixed record. It sits at about 3.8 on Trustpilot from roughly 1,150 reviews, which is respectable but below the better known futures firms, and review sites have quoted figures between 3.8 and 4.1 through 2026. Prop Firm Match has delisted the firm entirely, saying it saw an unusual spike in reviews, and the firm disputes that account. Happy reviewers talk about fair evaluations and quick support. Unhappy ones, especially on Reddit, talk about payouts refused on rules they say they never broke.",
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                        "text": "Fair evaluations and plenty of choice.",
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                        "text": " Several Trustpilot reviewers say they were paid more than once, some within 48 hours.",
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                        "text": "Reddit is harsher.",
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                      {
                        "text": " Threads on r/PropFirmTester since 2025 are mostly warnings, with traders saying they are owed thousands.",
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                        "text": "August to September 2026:",
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                        "text": " recent low Trustpilot reviews describe payout denials, including one over a copy trading tool the trader says the firm had approved, and others over being moved to the live program instead of paid. The firm replies to these publicly, citing its policies.",
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                "text": "Where this comes from",
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                        "text": "Trustpilot",
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                        "text": ": the firm's main review page.",
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                        "text": "Forex Peace Army",
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                        "text": ": the firm's page, with few reviews in our evidence.",
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                        "text": "Prop Firm Match",
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                        "text": ": the site's notice on why it delisted the firm.",
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                        "text": "Reddit search",
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                        "text": ": threads in r/PropFirmTester and r/FuturesTrading.",
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                        "text": "PropFirmMap",
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                        "text": ": the most recent decimal Trustpilot score we found.",
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                "text": "Leeloo Trading is a US futures firm based in Montana that sells practice accounts on Rithmic. You can trade them through NinjaTrader and a long list of other platforms. It suits patient traders who can manage an intraday trailing drawdown and don't mind a slow road to the first payout.",
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                        "text": " a target of about 6% (6.7% on the 300K), with a trailing drawdown from 6% on the 25K down to 2.5% on the 300K.",
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                "text": "Leeloo Trading is one of the older futures evaluation firms, and its reputation has slipped. It now sits at 3.1 on Trustpilot from about 600 reviews, down from the mid-4s that older review sites still quote. Forex Peace Army and Reddit have threads going back to 2021 with a mix of praise and complaints. Trustpilot's own summary describes support and response times as mixed, with negative feedback clustering around refunds and payout requests.",
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            "content": [
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                "text": "What traders like",
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                        "text": "Payouts for traders who qualify.",
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                      },
                      {
                        "text": " A good number of reviewers say Leeloo honoured several payouts and that the process went smoothly.",
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                    "content": [
                      {
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                        "text": "Flexible trading.",
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                      },
                      {
                        "text": " Reviewers like being able to trade news, hold overnight and use a wide range of futures platforms.",
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                      }
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                        "marks": [
                          {
                            "type": "bold"
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                        "text": "Keeping early profits.",
                        "type": "text"
                      },
                      {
                        "text": " The 100% split on the first slice of profit comes up as a favourite perk.",
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                      }
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                        "text": "Helpful support for some.",
                        "type": "text"
                      },
                      {
                        "text": " Several say support explained things clearly and fixed problems.",
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                "text": "Common complaints",
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                        "text": "Payout requests denied.",
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                      {
                        "text": " Several traders say they followed the rules on their dashboard and were still refused payouts after a manual review. One futures review site stopped recommending the firm in 2025 over reports of payouts denied after traders met the requirements.",
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                        "text": "Slow wait for a first payout.",
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                      },
                      {
                        "text": " Some dislike the 30 trading days before a first withdrawal and the once-a-month payout window.",
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                        "text": "Strict trailing drawdown.",
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                      {
                        "text": " Reddit users call the drawdown rules harsh, especially for newer traders.",
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                        "text": "Patchy support.",
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                      {
                        "text": " Reviewers report very different response times, from quick to none at all.",
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            "content": [
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                "text": "Recently",
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            "content": [
              {
                "text": "Nothing dated in the last 90 days stands out in the evidence; the Trustpilot score had already fallen to about 3.1 by mid-2026.",
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              }
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            "content": [
              {
                "text": "Where this comes from",
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                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the firm's main review page.",
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                "content": [
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                        "marks": [
                          {
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                              "href": "https://www.forexpeacearmy.com/forex-reviews/19550/leeloo-trading-review",
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                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews and disputes.",
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                      }
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              {
                "content": [
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit search",
                        "type": "text"
                      },
                      {
                        "text": ": threads in r/LeeLooTrading, r/PropfirmsForum and others.",
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                      }
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                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://canadianfuturestrader.ca/leeloo-trading-review/",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
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                            "type": "link"
                          }
                        ],
                        "text": "Canadian Futures Trader",
                        "type": "text"
                      },
                      {
                        "text": ": reviewer who withdrew their recommendation over denied payouts.",
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      "seo_title": "Leeloo Trading review: practice accounts, rules and payouts",
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      "updated_at": "2026-10-06T18:17:27.606104Z"
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      "slug": "oneup-trader",
      "name": "OneUp Trader",
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                "text": "OneUp Trader sells a one-step futures evaluation on Rithmic and includes a NinjaTrader licence and market data at no extra cost. It suits day traders who want a simple single target and a drawdown that stops trailing once it reaches the starting balance.",
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                        "text": " a 6% target, at least 10 trading days, and a trailing drawdown from 6% on the 25K down to 2.2% on the 250K.",
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                        "text": " the same targets and drawdowns, but you can pass in 5 trading days at a higher monthly price.",
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                "text": "There's no daily loss limit. The drawdown is calculated in real time and stops moving once it reaches your starting balance. Resets cost $50 on the 25K and 50K and $100 on the larger sizes.",
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                "text": "All positions must be closed by 3:15 PM CT, and nothing can be held over the weekend. The consistency rule means your three next-best days have to add up to at least 80% of your best day. You can trade news during the evaluation, but funded accounts must be flat before and during major releases. Funded traders also face a 90-day probation and weekly activity checks. When you pass, you pay the other half of the fee as an activation charge.",
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                "text": "OneUp Trader is one of the older futures prop firms, around since 2016 to 2017, and its Trustpilot page is strong: 4.7 from about 2,700 reviews. Most reviewers describe a plain one-step evaluation and quick, friendly support. Criticism is quieter and mostly appears on Reddit and in review-site write-ups, about the trailing drawdown, monthly fees and the odd disputed payout.",
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                        ],
                        "text": "Platform stability.",
                        "type": "text"
                      },
                      {
                        "text": " A few traders have flagged connection problems.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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            "attrs": {
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            "content": [
              {
                "text": "Recently",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "Nothing stands out in the last 90 days. The Trustpilot count kept climbing through July to September 2026 and the score held at 4.7.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.trustpilot.com/review/oneuptrader.com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the firm's review page, the main source of trader feedback.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                            "attrs": {
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                              "href": "https://www.reddit.com/r/PropfirmsForum/comments/1p21ah5/is_oneup_trader_legit_reviews/",
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit thread",
                        "type": "text"
                      },
                      {
                        "text": ": a November 2025 discussion in r/PropfirmsForum on whether the firm is legit.",
                        "type": "text"
                      }
                    ],
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                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://propfirmmap.com/firms/oneuptrader",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "PropFirmMap",
                        "type": "text"
                      },
                      {
                        "text": ": a review site that tracks the Trustpilot score.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Best Prop Firms",
                        "type": "text"
                      },
                      {
                        "text": ": an August 2026 review summarising trader complaints.",
                        "type": "text"
                      }
                    ],
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      "sort_order": 131,
      "seo_title": "OneUp Trader: futures evaluation prices, rules and payouts",
      "seo_description": "OneUp Trader runs a one-step futures evaluation from $65 a month for $25K to $250K accounts, with no daily loss limit, a 90% split and NinjaTrader included.",
      "logo": "/logos/oneup-trader.jpg",
      "updated_at": "2026-10-06T18:17:27.606104Z"
    },
    {
      "slug": "uprofit",
      "name": "Uprofit",
      "tagline": "Futures evaluations on TradingView with an end-of-day drawdown and free activation.",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "Uprofit has been running futures evaluations since 2019. You trade on TradingView or its own Tradoverse platform, both on desktop and mobile. It suits intraday traders who like an end-of-day drawdown and don't want an activation fee waiting for them after they pass.",
                "type": "text"
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            "attrs": {
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            "content": [
              {
                "text": "How the evaluation works",
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            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "Both Day 2.0 programs come in 50K, 100K and 150K, billed monthly with no time limit.",
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              }
            ],
            "type": "paragraph"
          },
          {
            "content": [
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                "content": [
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                        "text": "Day Soft:",
                        "type": "text"
                      },
                      {
                        "text": " a 6% target with an end-of-day drawdown of 4% on the 50K and 3% on the larger sizes. It also has a daily loss limit, but hitting it only stops you until the next session.",
                        "type": "text"
                      }
                    ],
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                        "text": "Day Flex:",
                        "type": "text"
                      },
                      {
                        "text": " the same target and drawdown with no daily loss limit, at a higher monthly price.",
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                    ],
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            "content": [
              {
                "text": "The drawdown follows your highest end-of-day balance until it reaches the starting balance, then it stops. During the evaluation your best day can't be more than 50% of your total profit, so expect to need at least two days.",
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            "content": [
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                "text": "Rules worth knowing",
                "type": "text"
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          {
            "content": [
              {
                "text": "Every position has to be closed by 4:10 PM ET, and you can't hold between sessions or over the weekend. News trading is allowed. Copy trading only works through Uprofit's own tool between your own accounts. Hedging across accounts, VPNs and VPS use are banned. Live Virtual accounts need at least one trade a week.",
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            ],
            "type": "paragraph"
          },
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            "content": [
              {
                "text": "Getting paid",
                "type": "text"
              }
            ],
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          {
            "content": [
              {
                "text": "You keep 90% from the first withdrawal. Each request needs 3 profitable days and a 40% consistency rule, and you can only withdraw profit above a safety net. Each request is capped at 3% of the account, and the account closes after six withdrawals. Payouts go through Rise or USDC within 24 business hours.",
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      "headquarters": "Delaware, United States",
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        "Payouts processed within 24 business hours",
        "Choice of a daily loss limit or none"
      ],
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        "Account closes after six withdrawals",
        "Consistency rule in both the evaluation and Live Virtual stage"
      ],
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        {
          "source": "reddit",
          "rating": null,
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          "url": "https://www.reddit.com/search/?q=uprofit",
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          {
            "content": [
              {
                "text": "Uprofit, a futures firm running since 2019, has a large but troubled review record. Its Trustpilot page holds about 6,500 reviews and scores about 3.7, well down from the 4.8 that older review sites still quote. Trustpilot also flags the page: it says the company has displayed Trustpilot content in a misleading way, and by May 2026 the profile carried a breach of guidelines notice. Long-time customers praise fast payouts; a wave of low reviews since late 2024 centres on rule changes and closed accounts.",
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                "text": "What traders like",
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                        "text": "Fast payouts.",
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                        "text": " Many reviewers, on Trustpilot and Reddit, say payouts arrived within the stated 24 hours, and some long-standing traders say they have never had a payment problem.",
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              {
                "content": [
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                    "content": [
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                        "text": "End of day drawdown and one-time fees.",
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                      },
                      {
                        "text": " Older Reddit threads single out the EOD drawdown, reasonable commissions and the Freedom accounts as the closest thing to a live account.",
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                        "text": "Responsive support.",
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                        "text": " Some say support fixed problems quickly, in a few cases with account credits.",
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                        "text": "Rule changes applied to past trades.",
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                        "text": " A run of one star Trustpilot reviews from late 2024 says new rules were introduced and enforced on earlier trading, ending in terminated accounts.",
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                        "text": "Payouts reversed or stalled.",
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                        "text": " Some reviewers say a payout was approved and then rejected with the account reset, or sat at requested for over a week.",
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                        "text": "Fees after passing.",
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                        "text": " Several traders object to an activation or assignment fee due on passing, which they say clashes with no activation fee marketing.",
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                "content": [
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                        "text": "Rules that limit scaling.",
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                        "text": " A few mention the 30% consistency rule and a daily loss limit that never lifts.",
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                        "text": "Noise on the Trustpilot page.",
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                        "text": " Recent reviews include unrelated fund recovery posts, which the firm says have nothing to do with it.",
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                "text": "Recently",
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            "content": [
              {
                "text": "We found no dated reviews from the last 90 days. Uprofit has since launched new DAY accounts that it says carry no activation fee.",
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            "content": [
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                "text": "Where this comes from",
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                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the firm's main review page, which merges older Uprofit Trader profiles.",
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                "content": [
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                    "content": [
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                          }
                        ],
                        "text": "Reddit search",
                        "type": "text"
                      },
                      {
                        "text": ": threads in r/PropFirmTester, r/FuturesTrading and r/Daytrading.",
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                        "text": "Scamadviser",
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                      {
                        "text": ": the source of the 3.7 Trustpilot figure.",
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                        "text": "PropFirmApp",
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                      {
                        "text": ": note on the Trustpilot breach of guidelines flag.",
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      "seo_title": "Uprofit review: Day Soft and Day Flex rules and payouts",
      "seo_description": "Uprofit sells Day Soft and Day Flex futures evaluations for 50K to 150K from $130 a month, with an EOD drawdown, a 90% split and TradingView trading.",
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    {
      "slug": "phidias-propfirm",
      "name": "Phidias Propfirm",
      "tagline": "Futures evaluations with static or end-of-day drawdowns and a route to a live account.",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "Phidias Propfirm is a futures-only prop firm registered in Gibraltar. It sells three one-step programs, trades through Rithmic or Tradovate, and clears with Dorman Trading once you reach a live account. It suits day traders who want an end-of-day drawdown, and swing traders who need to hold positions overnight.",
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            "content": [
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                "text": "How the evaluation works",
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                        "text": "Express to Live (25K to 150K):",
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                      },
                      {
                        "text": " a dollar target of $1,500 to $4,500 with a static drawdown that never moves. It's only $1,000 on a 150K account.",
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                        "text": " 8% target on 50K and 6% on the larger sizes, with an end-of-day trailing drawdown of $2,500 to $4,500. Three trading days minimum.",
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                        "text": "Premium (50K to 150K):",
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                        "text": " the same targets and drawdowns as Fundamental, but you can pass in one trading day.",
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                "text": "News trading is allowed everywhere. Fully automated bots are banned; semi-automated tools are fine. Fundamental and Express to Live accounts must be flat by the end of the day, while Premium lets you hold overnight and over the weekend. Funded Fundamental and Premium accounts add a 30% consistency rule, so no single day can make up more than 30% of your profit. The restricted country list is long, so check it first.",
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                "text": "Fundamental pays 80% every 10 trading days. Premium pays every 5 days on a split that starts at 75% and reaches 100% by the fifth payout. Express to Live works differently: hit the target on the funded account and you get an 80/20 bonus plus a move to a live account with daily payouts. Money lands in a Phidias wallet, then goes to your bank through Rise. The minimum withdrawal is $500.",
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          "source": "reddit",
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                "text": "Phidias has no current Trustpilot score. Trustpilot has withdrawn the rating for a breach of its guidelines and says it removed a number of fake reviews, so any star figure quoted elsewhere (3.2 to 3.9 on various sites) should be treated with care. The page still has about 300 reviews, and over the last 12 months they split sharply: roughly 63% five-star and 29% one-star. Fans praise fast payouts, quick support and simple rules. Critics describe denied payouts, closed accounts and data feed problems.",
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                        "text": " Several reviewers, including French-speaking traders on Prop Firm Match, say support answers almost at once and in several languages.",
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                        "text": "Simple rules.",
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                        "text": " Traders on Reddit and Trustpilot like accounts with a static or end-of-day drawdown, no consistency rule and the option to hold swing trades overnight.",
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                        "text": " Several Trustpilot reviewers say a later payout was refused and the account closed over alleged automated trading or linked accounts, which they dispute. A Reddit commenter says problems start once withdrawals reach a few thousand dollars.",
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                        "text": "Data and platform faults.",
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                        "text": "Promotions and billing.",
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                        "text": " A few reviewers describe a promotion price that changed at checkout, card payment problems, or marketing emails they could not stop.",
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                        "text": "Generic replies.",
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                        "text": " One review site notes that the firm answers most negative reviews, but often without addressing the specific complaint.",
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                        "text": "August to September 2026:",
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                        "text": "Trustpilot",
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                        "text": ": the firm's main review page, with the rating withdrawn.",
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                        "text": "Forex Peace Army",
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                        "text": ": the firm's page on the trader review site.",
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                        "text": "Prop Firm Match",
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                        "text": ": unlisted firm page with community experiences.",
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                        "text": "Reddit search",
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                        "text": ": threads in r/PropFirmTester and r/PropFirmHunter.",
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                        "text": "YouTube search",
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                        "text": ": reviews of the Phidias 2.0 relaunch.",
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      "seo_title": "Phidias Propfirm: futures accounts, drawdowns and payouts",
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      "slug": "alpha-futures",
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            "content": [
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                "text": "Alpha Futures is the futures arm of Alpha Capital Group, run from a UK company set up in 2024. It sells one-step evaluations on CME products, plus a Direct account that skips the evaluation. It suits day traders who like an end-of-day drawdown and don't mind a monthly subscription.",
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                        "text": "Zero (25K to 100K):",
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                        "text": " 6% target, a 2% daily loss guard and a 4% or 3% drawdown. No consistency rule and one trading day minimum.",
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                        "text": " a one-time fee that puts you straight on a funded account, with a 2% daily guard and a 20% consistency rule on payouts.",
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                "text": "Every drawdown trails your end-of-day balance and stops once it reaches the starting balance. The daily guard is soft: it flattens you for the day without closing the account.",
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                "text": "All positions must be closed by 4:20 PM ET, so there's no overnight or weekend holding. News is open during evaluations, but funded Zero, Standard and Direct accounts can't place orders two minutes either side of red-folder events. Bots and fully automated systems are banned. Copying between your own accounts is fine.",
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                "text": "You keep 90% of every withdrawal. Evaluation accounts can request a payout after 5 winning days of at least $200, up to four times a month, taking up to half your profit each time. Caps run from $1,000 on Zero up to $15,000 on Advanced. Payouts go by ACH, wire, Wise or Rise.",
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          "source": "reddit",
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                "text": "Alpha Futures built one of the strongest review records among futures prop firms in its first two years, with review sites quoting 4.8 to 4.9 on Trustpilot through mid 2026. The picture has darkened since: the Trustpilot page now shows a 4-star rating from about 5,600 reviews, and much of the recent low feedback is about payouts that were delayed, flagged or voided. Prop Firm Match reviews stay warm, while Reddit is more mixed.",
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                        "text": " Traders who take heat during the day but close near their highs say the drawdown model suits them, and the Zero plan is often called beginner friendly.",
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                        "text": " Plenty of reviewers on Prop Firm Match say their payouts landed in a day or two without fuss.",
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                        "text": " The biggest theme on Trustpilot and Reddit: traders say payouts were refused over news trading, stop fills or other rule calls they dispute, and some say profits were wiped with the account.",
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                        "text": " A handful of Reddit threads describe accounts closed after arguments with support or over IP checks shared with the sister firm Alpha Capital.",
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                        "text": "August 2026:",
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                        "text": " a payout review site sampled recent payout-related Trustpilot reviews and found most were one-star, with several saying payouts were flagged in bulk and accounts banned after approval.",
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                        "text": "September 2026:",
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                        "text": " Alpha Futures published a payout update saying approved Premium Plan payouts are being cleared in batches and the pace should pick up during October.",
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                        "text": "Trustpilot",
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                        "text": "Prop Firm Match (futures)",
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                        "text": ": trader reviews on a prop firm comparison site.",
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                        "text": "Forex Peace Army",
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                        "text": ": trader review page.",
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                        "text": "YouTube",
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                "text": "Legends Trading is a futures prop firm based in Calabasas, California, started by people with a futures brokerage background. It sells three ways in, from a monthly evaluation to a one-time fee that skips the test. It suits day traders who want room to recover from a bad day, since none of the plans has a daily loss limit.",
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                "text": "Legends Trading gets a middling verdict: 3.7 on Trustpilot from about 200 reviews, up from around 3.5 earlier in 2026 as the review count grew. Reviewers split into two camps. One likes the cheap entry, the lack of a daily loss limit and payouts that arrive. The other says accounts were closed, payouts stalled or rules were changed on accounts they already held. Reddit has only a handful of threads.",
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                        "text": " Several reviewers say the firm changed terms mid-cycle. The examples given are a per-account payout cap cut from $17,700 to $4,000 and the live account allocation reduced from five to one.",
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                        "text": "August 2026:",
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                        "text": " a review roundup put sentiment at a mixed three out of five, and another site logged payout delays of three weeks or more and the account allocation change. A non-refundable subscription renewal also drew a complaint, which the firm answered on Trustpilot.",
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                "text": "Where this comes from",
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                        "text": "Trustpilot",
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                        "text": "Forex Peace Army",
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                        "text": ": a trader review page for the firm.",
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                        "text": "SmartPropFirm",
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                        "text": ": moderated trader reviews.",
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                        "text": "Reddit search",
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                        "text": "PropFirmMap",
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      "seo_title": "Legends Trading: futures plans, prices and payout rules",
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      "slug": "purdia-capital",
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                "text": "Purdia Capital is a futures prop firm run from Middletown, Delaware. You can either pass a one-step evaluation on a monthly plan or pay once for an instant funded account. Its pitch is a defined path from simulated funding to a live brokerage account through Tradovate or NinjaTrader, so it suits traders who care about reaching real capital more than about headline account sizes.",
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                        "text": " 6% target, an end-of-day trailing drawdown of 4% or 3%, and a 2% daily loss limit. Five trading days minimum.",
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                "text": "Purdia Capital is a small futures firm whose reviews have turned less favourable this year. It has 3.8 on Trustpilot from about 90 reviews, down from around 4.5 early in 2026, and the drop lines up with a run of complaints about slow payouts. Earlier reviews are mostly warm about the support and the simple rules. The firm's draw is that funded traders can move to a live brokerage account.",
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                        "text": "Simple rules.",
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                        "text": " Reviewers on Trustpilot and Reddit like the 90% split, no consistency rule and qualifying for payouts once rather than repeatedly.",
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                        "text": "Payouts that do arrive.",
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                        "text": " Many reviewers say they have never been denied a payout, and one reports more than ten requests paid within one to three days.",
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                        "text": " Traders like that the path ends in a real Tradovate account, and some Reddit users rate the instant live accounts.",
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                        "text": "Changing policies.",
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                        "text": " Some say the firm has shifted its model and rules over time, closer to what other firms offer.",
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                        "text": "July to September 2026:",
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                        "text": " recent Trustpilot reviews include traders who say payouts requested in July were still pending weeks later, and one who reads the delays as a sign of trouble. Trustpilot's score was 3.8 when a review site checked it on 18 September, below the 4.3 another site reported in July.",
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                "text": "Where this comes from",
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                        "text": "Trustpilot",
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                        "text": ": the firm's main review page.",
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                        "text": "Forex Peace Army",
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                        "text": ": trader review page, little content so far.",
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                        "text": "Reddit",
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                        "text": ": a January 2026 r/Daytrading thread, mostly positive, with mention of delays.",
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                        "text": "Reddit",
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                        "text": ": a March 2026 r/PropFirmTester pros and cons thread.",
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                        "text": "PropFirmMap",
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                        "text": ": review site that checked the Trustpilot score in September.",
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                "text": "BluSky Trading is a futures prop firm based in St. Petersburg, Florida. It sells three evaluation families plus instant funding, and works with Rithmic, Tradovate and Volumetrica. It suits futures day traders who want daily payouts and can live with an extra phase between passing and getting funded.",
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                        "text": "Launch (50K to 200K):",
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                        "text": " a cheap monthly plan with a 50% consistency rule. You pay a $99 to $179 launch fee when you pass, then clear a Buffer Zone with its own target before funding.",
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                        "text": " the same three phases with no launch fee and a higher subscription. The consistency rule is 34%, or 21% on the 300K.",
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      "seo_title": "BluSky Trading: Launch, Propel and Orbit futures plans",
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                "text": "Blueberry Funded is the prop trading arm of the Blueberry group, set up in 2024 alongside the Blueberry Markets brokerage. It contracts traders through a company in St. Vincent and the Grenadines and runs forex, indices, commodities and crypto on MT5 or TradeLocker. Its main product, Prime, suits traders who want a two-phase challenge with few rules beyond the drawdown.",
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                        "text": "Prime Challenge:",
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                        "text": " 8% then 6%, with a 4% daily loss and a 10% static drawdown. There's no consistency rule, no lot size limit and no per-trade risk cap. From $37 for $2,500.",
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                "text": "You can't open a trade within 2 minutes either side of a high-impact release, though closing trades is always fine. On Flex 1-Step, no single trade idea can sit more than 1% of the account in open loss. The first time it happens the trade is closed, and the second time fails the account. Flex also bans weekend holding. Hedging and copying from third-party accounts are banned on every plan.",
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                "text": "Blueberry Funded draws a split crowd. It scores 4.1 on Prop Firm Match from about 625 verified traders, most of whom talk about tight spreads and smooth payouts. Trustpilot is more mixed: in August 2026 a review site found the page showed no TrustScore, with about 1,700 reviews split between a big five-star group and a big one-star group. Most low reviews are about accounts closed or payouts refused close to payday.",
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                        "text": " The biggest theme on Trustpilot, Forex Peace Army and Reddit: traders say profitable accounts were breached under vague labels, such as an error code, toxic trading or a link to another customer, shortly before they were due to be paid.",
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                        "text": "Rules that are easy to trip over.",
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                        "text": "August 2026:",
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                        "text": "Trustpilot",
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                        "text": ": the firm's main review page, with replies from its support team.",
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                        "text": "Forex Peace Army",
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                        "text": ": trader reviews and disputes, including payout denials.",
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                        "text": "Reddit search",
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                        "text": ": threads in r/PropFirmTester, r/Forex and r/Trading.",
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                        "text": "Best Prop Firms",
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                        "text": ": the August 2026 note on the Trustpilot page.",
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      "seo_title": "Blueberry Funded: Prime and Flex 1-Step rules, prices",
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      "slug": "aquafunded",
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            "content": [
              {
                "text": "AquaFunded is a Dubai-based firm selling evaluations on forex, indices, commodities and crypto, with a separate futures side on Tradovate. It has a lot of models, so it suits traders who like to pick their exact risk settings and are happy to read each model's page before buying.",
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                "text": "How the evaluation works",
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                        "text": "Two Step Standard:",
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                      {
                        "text": " 8% then 5%, with a 5% daily and 8% overall loss limit on a static floor. Three trading days per phase, each with at least 0.5% profit.",
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                        "text": " a single 9% target, 3% daily and 6% overall. The overall limit trails your highest balance or equity.",
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                        "text": " no target. 3% daily and 5% overall, and the overall floor moves up at each daily reset.",
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                        "text": "Futures One Step:",
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                        "text": " a dollar target (6% on the 50k) with an end-of-day trailing drawdown and position caps per size.",
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                "text": "Rules worth knowing",
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                "text": "News trading is allowed, but profit made within five minutes of a high-impact release is capped at 0.5% of the starting balance per payout cycle. Weekends, EAs, hedging and copy trading between your own accounts are all fine. Instant accounts have a 15% consistency rule, and funded accounts lose part of their split if open losses ever reach 1% of the balance. You also can't use more than 80% of your margin on one position.",
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                "text": "The standard split is 90%, with 100% sold as an add-on. Your first reward comes 14 days after your first funded trade, then every 14 days. Rewards go out by crypto or Rise, with a 3% processing fee. Accounts of 100k and up are capped at $10,000 for each of the first two rewards. The fee comes back with your fourth reward.",
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                "text": "AquaFunded gets a sharply split verdict. It scores 4.4 on Prop Firm Match from about 300 verified traders, and many of them say payouts landed within a day. Trustpilot tells a different story: the page has around 1,400 reviews, but Trustpilot has hidden the star rating and posted a breach-of-guidelines notice after removing fake reviews, so there is no headline score to quote. Before that, review sites reported it at about 3.0. Forex Peace Army has a page with mostly negative write-ups.",
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                        "text": " Several reviewers and Reddit commenters say the conditions are clear if you go through the FAQ.",
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                        "text": "July 2026:",
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                        "text": " several review sites reported that Trustpilot had hidden AquaFunded's rating and put up a warning over fake reviews.",
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                        "text": "August to September 2026:",
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                        "text": " new Forex Peace Army reviews describe payouts rejected over copy trading and a reward-points account that tripped an allocation limit.",
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                        "text": "Trustpilot",
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                        "text": ": the firm's main review page, rating currently hidden.",
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                        "text": "Prop Firm Match",
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                      {
                        "text": ": verified-trader reviews.",
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                        "text": "Forex Peace Army",
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                        "text": "Reddit",
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                        "text": ": an r/Forex warning thread about hidden rules, with replies on both sides.",
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                        "text": "The Industry Spread",
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                      {
                        "text": ": report on the Trustpilot notice.",
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      "seo_title": "AquaFunded review: challenges, rules and rewards",
      "seo_description": "AquaFunded sells one, two and three-step CFD challenges, instant funding and futures accounts on MT5, cTrader, Match-Trader and TradeLocker, with a 90% split.",
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      "slug": "finotive-funding",
      "name": "Finotive Funding",
      "tagline": "Low-cost one and two-step challenges on a static drawdown, backed by its own broker.",
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            "content": [
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                "text": "Finotive Funding is a Dubai-registered firm that's part of the Finotive One group, which also runs its own broker, Finotive Markets. You trade forex, indices, commodities and crypto on MT5 or Match-Trader. It suits traders who want a cheap way in and a drawdown that doesn't trail, and who are happy to keep position sizes modest.",
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                        "text": "1-Step Challenge:",
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                        "text": " a 10% target, 4% daily and 7.5% overall loss limit. The overall floor is static, measured from the starting balance.",
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                        "text": "2-Step Challenge:",
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                        "text": " 7.5% then 5%, with a 4.5% daily and 9% overall limit, also static.",
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                        "text": "Instant Funding:",
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                        "text": " no target. Standard has a 3.5% daily and 7% overall limit; Lite is cheaper with tighter limits and a lower split.",
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                        "text": " larger one and two-step accounts with slightly wider limits and a path to a 100% split.",
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                "text": "Every account has a notional volume limit, which caps the total size of your open positions as a multiple of the balance. Each breach is a strike, and a strike cuts your next reward to 10%. Instant accounts also have a per-symbol floating loss threshold. Straddling high-impact news is banned within 15 minutes of the release. EAs and copiers are allowed only if they're yours. Instant accounts must be flat by Friday's close unless you bought the weekend add-on.",
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                "text": "Challenge accounts start at an 80% split and can scale to 95%. Instant Standard starts at 75%. Your first reward is on demand once you're eligible, then every 7 days. Rewards go through Finotive Pay, with bank and crypto withdrawals. The challenge fee comes back if the funded account is still in profit 30 days after funding.",
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                "text": "Finotive Funding has a polarised record. It scores 4.1 on Prop Firm Match from about 180 verified traders, where most reviewers are happy. Its Trustpilot page has about 1,050 reviews but no visible score: Trustpilot says it has removed fake reviews for the company, and of the 382 reviews from the last 12 months, 62% are five stars and 29% one star. Forex Peace Army and Reddit lean heavily negative, and nearly all of the criticism is about payouts being cut.",
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                        "text": "Flexible models.",
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                        "text": " People like the choice of challenge, instant funding and the Pro account with a monthly salary, plus static drawdown and no consistency rule.",
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                        "text": " The most common serious complaint on Trustpilot, Forex Peace Army and Reddit: traders say profits were cut by large amounts, sometimes 90%, under \"healthy trading\", one-directional exposure or similar rules they feel were applied after the fact.",
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                        "text": "August 2026:",
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                      {
                        "text": " new Trustpilot reviews describe drawn-out payout reviews on an instant funding account and payouts delayed for weeks. In replies on Prop Firm Match the firm points to its terms allowing payouts to be adjusted after a risk review.",
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                        "text": "2026:",
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                      {
                        "text": " the firm says Finotive Markets and Finotive Futures now run as separate businesses, and it has merged its Discord community.",
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                        "text": ": main review page, score hidden after fake reviews were removed.",
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                        "text": "Prop Firm Match",
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                        "text": ": verified-trader reviews.",
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                        "text": "Myfxbook",
                        "type": "text"
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                        "text": ": trader review page.",
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                        "text": ": a small set of user reviews.",
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                        "text": ": an April 2026 r/PropFirmTester thread on cut payouts.",
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      "seo_title": "Finotive Funding: challenge prices, rules and rewards",
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                "text": "The Trading Pit is a Liechtenstein firm, started in 2022, that runs CFD, futures and stocks challenges side by side. CFDs cover forex, indices, commodities, crypto and shares on MT5 or cTrader; futures run on Tradovate, NinjaTrader, Rithmic and others. It suits traders who want one firm for both CFDs and futures, and who'll check which drawdown rule their account size gets.",
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                "text": "The overall limit is static on most Prime accounts. The 1-Phase 100k and 200k and the 2-Phase 100k trail the end-of-day balance until it reaches the starting balance, then stop. CFD challenges have no time limit, but 21 days without trading closes the account.",
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                "text": "The Trading Pit gets a mixed reception. Its Trustpilot page has around 1,000 reviews, but by August 2026 Trustpilot had suspended the rating while it looked into fake or manipulated reviews, so there is no current score to quote. Before that, review sites tracking the page reported it sliding from the low 4s in early 2026 to about 3.6 by May. On Prop Firm Match it scores 3.9 from 36 verified traders, and 3.6 from 28 user reviews on PropFirmPickr. Reviewers praise fast payouts and the firm's broker background; critics point to strict rule enforcement and support.",
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                        "text": "Prop Firm Match",
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                        "text": "Forex Peace Army",
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                "text": "Trade The Pool is the stocks arm of Five Percent Online, the company behind The5ers. It only does US stocks and ETFs, over 12,000 of them, including penny stocks and IPOs, and there's no pattern day trader rule. It suits equity traders who want to trade real tickers rather than CFDs, and who don't mind a lower split for it.",
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                "text": "Trade The Pool, the stock and ETF prop firm run by the company behind The5ers, is well reviewed: 4.4 on Trustpilot from about 760 reviews, with around four in five giving five stars. Its score has held between 4.3 and 4.5 for the past two years as the review count grew. The complaints that do appear are less about whether it pays and more about a dense rulebook that can void trades after the fact.",
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                "content": [
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                        "text": "Payouts that arrive.",
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                      },
                      {
                        "text": " Many Trustpilot reviewers describe receiving payouts, some on the same day and some above $6,000, and the firm says it has never denied an approved payout.",
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                "content": [
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                    "content": [
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                        "marks": [
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                        "text": "One step, no time limit.",
                        "type": "text"
                      },
                      {
                        "text": " Swing and position traders like having a single 10% target with no deadline and no minimum days.",
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                "content": [
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                        "text": "Simple rules.",
                        "type": "text"
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                      {
                        "text": " Reviewers mention no consistency rule on most accounts and a static drawdown. Some say they were paid profits even after a hard breach, which the firm's policy allows.",
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                "content": [
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                        "marks": [
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                        "text": "A founder people know.",
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                      {
                        "text": " Several reviewers are students of the CEO's MentFX mentorship and trust the firm for that reason.",
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                "text": "Common complaints",
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                    "content": [
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                        "text": "Tight drawdown.",
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                      {
                        "text": " Review sites and some forum posts say a 6% loss limit against a 10% target is hard for newer traders.",
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                        "text": "Support runs through Discord.",
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                      {
                        "text": " There is no phone or live chat, and some older reviews describe slow replies, though recent ones praise named support staff.",
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                        "text": "Limits on payouts and holding.",
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                      },
                      {
                        "text": " A few reviewers say payouts can be limited to one a month, and older Reddit threads mention paying extra to hold over weekends.",
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                    "type": "paragraph"
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                ],
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
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                        "text": "Thin track record.",
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                      },
                      {
                        "text": " One review site rates trader sentiment a middling three out of five because the review base is small, not because of complaints.",
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            "content": [
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                "text": "Recently",
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                "content": [
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                        "text": "July to September 2026:",
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                      {
                        "text": " Trustpilot reviews from the last few weeks mention first payouts and prizes from the firm's July anniversary competition. In August one review site rated overall sentiment three out of five. Nothing negative stands out in the last 90 days.",
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            "content": [
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                "text": "Where this comes from",
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                        "text": "Trustpilot",
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                        "text": ": the firm's main review page.",
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                        "text": "Forex Peace Army",
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                      },
                      {
                        "text": ": trader review page, little content.",
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                "content": [
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                        "text": "Myfxbook",
                        "type": "text"
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                      {
                        "text": ": trader review page.",
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              {
                "content": [
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                    "content": [
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                            "attrs": {
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Prop Firm Match",
                        "type": "text"
                      },
                      {
                        "text": ": firm listing with verified reviews.",
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              {
                "content": [
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                        "text": "Reddit",
                        "type": "text"
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                      {
                        "text": ": a November 2025 r/PropfirmsForum thread asking whether the firm is legit.",
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      "seo_title": "Ment Funding: one-step evaluation rules and pricing",
      "seo_description": "Ment Funding offers a one-step 10% evaluation for forex, futures and S\u0026P 100 stocks, with a static 6% drawdown, no forex time limit and a 75% split from $250.",
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      "updated_at": "2026-10-06T18:17:27.606104Z"
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      "name": "Rebels Funding",
      "tagline": "Slovak firm with one- to four-phase evaluations, no time limits and its own web platform.",
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                "text": "Rebels Funding is run by RIFM, s.r.o. in Bratislava and has sold evaluations since 2023. You trade forex, metals, indices, energies, stocks and crypto on RF-Trader, its own web platform built on TradingView charts. It suits manual traders who want cheap entry and no deadline.",
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                "text": "How the evaluation works",
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                        "text": "Copper (4 phases):",
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                        "text": " 5% in every phase, a 5% daily and 10% overall loss limit, fixed to the starting balance. Accounts start at 1k for $9.",
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                        "text": " the same 5% target and limits.",
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                        "text": " 8% then 5%, with 5% daily and 10% overall.",
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                        "text": "Gold (1 phase):",
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                        "text": " 10% target, no daily limit in the evaluation and a fixed 6% overall floor. Funded accounts add a 4% daily limit.",
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                        "text": " a 10% Level 0 evaluation with a 6% floor, then the account steps up a level with every further 10%.",
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                "text": "Paid programs have no time limit. Each phase needs a minimum number of real trades, from 4 on Copper to 8 on Gold, and splitting one idea into pieces only counts once. Evaluation trades must stay open for 30 seconds, funded ones for 60. News trading is fine in the evaluation, but funded accounts can't open trades in the 5 minutes before a red news event. Expert Advisors aren't supported, and once funded a single trade idea can't risk more than 1.5% of the balance.",
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                "text": "The split starts at 80% on Copper and Bronze and 75% on the rest, rising to 90% on all but Diamond. Your first reward request opens 14 days after your first funded trade, with a 50 USD minimum. Payment goes out by Rise, crypto or bank transfer. The first reward also returns 200% of the fee on Copper, 150% on Bronze and 100% on Silver.",
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                "text": "RebelsFunding, a Slovak firm launched in 2023, has a large and mostly positive review base. Trustpilot shows a 4-star rating from about 2,800 reviews, and review sites in the first half of 2026 quoted it at 4.4. Its small Sitejabber page sits at 4.2 from 14 reviews. Most praise is about cheap entry, no time limits and quick payouts. The criticism centres on its in-house trading platform.",
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              {
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                        "text": "The RF-Trader platform.",
                        "type": "text"
                      },
                      {
                        "text": " The most frequent complaint. Some reviewers say the web platform is slow, drops connection or wouldn't log in for days, and several wish they could use MT5.",
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                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
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                        "text": "Execution and spreads at market.",
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                      },
                      {
                        "text": " A few traders, including on Reddit, describe poor fills and wide spreads when entering at market.",
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                      }
                    ],
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                ],
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                    "content": [
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                        "text": "Account closures.",
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                      },
                      {
                        "text": " Some reviewers on Forex Peace Army and Trustpilot say accounts were closed or funded accounts withheld over rule breaches they dispute, and one claims many positive reviews are fake.",
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                    "content": [
                      {
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                        "text": "Rules that need reading closely.",
                        "type": "text"
                      },
                      {
                        "text": " Some traders were caught by the minimum trade duration and program-specific limits.",
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                    ],
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            "content": [
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                "text": "Recently",
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                "content": [
                  {
                    "content": [
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                        "text": "August to October 2026:",
                        "type": "text"
                      },
                      {
                        "text": " recent Trustpilot reviews remain mostly positive about payouts and support, with the low ones mostly about platform speed and spreads. The score shown is still 4 stars.",
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            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
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                        "text": "Trustpilot",
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                      {
                        "text": ": the firm's main review page.",
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                        "text": "Sitejabber",
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                      {
                        "text": ": a small set of customer reviews.",
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                        "text": "Forex Peace Army",
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                      {
                        "text": ": trader write-ups and firm replies.",
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                            "type": "link"
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                        ],
                        "text": "Myfxbook",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews.",
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                    ],
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                "content": [
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                        "text": "Reddit",
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                        "text": ": a thread asking for opinions on the firm.",
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                        "text": "YouTube search",
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                      {
                        "text": ": review videos.",
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      "seo_title": "Rebels Funding review: RF programs, prices and payouts",
      "seo_description": "Rebels Funding runs Copper, Bronze, Silver, Gold and Diamond evaluations from $9 with no time limit, a 75-90% split and its own TradingView-based platform.",
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    {
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      "name": "QT Funded",
      "tagline": "Quant Tekel's prop arm: a one-day-pass 1-step, a 2-step and a 100% split instant account.",
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            "content": [
              {
                "text": "QT Funded is the prop trading arm of Quant Tekel, a London-based group founded in 2023 that also runs a broker licensed in South Africa. You trade forex, indices, metals and crypto on MT5 or TradeLocker. It suits traders who want a fast pass and short payout cycles, and who keep losing trades small.",
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                "text": "How the evaluation works",
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                        "text": "QT ONE:",
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                      {
                        "text": " one phase with a 6% target, a 3% daily limit that resets from the previous day's higher balance or equity, and a static 6% maximum. No minimum days, so you can pass in a single session.",
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                        "text": " 8% then 5%, with a fixed 4% daily and static 8% maximum, and at least 4 trading days in each phase.",
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                        "text": "QT INSTANT:",
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                        "text": " no evaluation. A fixed 3% daily limit and a 6% maximum that trails your highest balance or equity until your first withdrawal locks it at the starting balance.",
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            "content": [
              {
                "text": "The funded rules are tighter than the evaluation. QT ONE and QT TWO funded accounts can't carry more than 1% floating loss at once, and QT INSTANT allows 1% per instrument. On QT TWO and INSTANT funded accounts, every trade needs a stop loss within 60 seconds. QT TWO also caps profit at 5% per cycle and forfeits profit from restricted news trades. INSTANT has a 30% consistency score. Accounts close after 7 days without a trade on QT ONE and 14 days on the others. You can hold over the weekend, but can't open or edit trades then.",
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                "text": "QT ONE pays 70% every 4 trading days, QT TWO 80% every 14 days, and QT INSTANT 100% every 4 days once you've banked 8% and had 4 days of at least 1%. Payouts go to a crypto wallet.",
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        {
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                "text": "QT Funded, the prop arm of the Quant Tekel group, has a large review base and a worsening tone. The firm's own site shows 3.9 on Trustpilot from about 13,000 reviews, and Prop Firm Match shows 3.7 from about 750 verified reviews. Since late 2025 the low reviews have been dominated by payout delays, mandatory payout interviews scheduled weeks out, and denied payouts. A July 2026 review site reports the firm was delisted from Prop Firm Match. Forex Peace Army has a page with complaints but no score, and Myfxbook has a single one-star review.",
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                      },
                      {
                        "text": " Prop Firm Match reviewers complain about a risk tool issue that went unresolved for months.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Recently",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "July to October 2026:",
                        "type": "text"
                      },
                      {
                        "text": " a July review site reports the Prop Firm Match delisting and documents payout delays and Discord bans as a pattern through 2026. In late September a Forex Peace Army reviewer said a $33,000 payout was denied and the account reset to the first phase.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.trustpilot.com/search?query=qt%20funded",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot search",
                        "type": "text"
                      },
                      {
                        "text": ": Trustpilot reviews; the score here is the one shown on the firm's own site.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Prop Firm Match",
                        "type": "text"
                      },
                      {
                        "text": ": verified-trader reviews and formal disputes.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.forexpeacearmy.com/forex-reviews/22300/quant-tekel-review",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": longer complaints about denied payouts.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.myfxbook.com/reviews/prop-trading-firms/qtfunded/3303934,1",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Myfxbook",
                        "type": "text"
                      },
                      {
                        "text": ": a single user review.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.reddit.com/r/PropFirmTester/comments/1p3cptn/qtfunded_is_a_big_scam/",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit",
                        "type": "text"
                      },
                      {
                        "text": ": a thread on stalled payouts and interviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              }
            ],
            "type": "bulletList"
          }
        ],
        "type": "doc"
      },
      "reviews_checked_on": "2026-10-06",
      "discount_code": "",
      "discount_label": "",
      "featured": false,
      "sort_order": 145,
      "seo_title": "QT Funded review: QT ONE, TWO and Instant rules",
      "seo_description": "QT Funded sells a 6% one-step from $110, an 8%/5% two-step from $70 and a 100% split instant account, all on MT5 or TradeLocker with crypto payouts.",
      "logo": "/logos/qt-funded.png",
      "updated_at": "2026-10-06T18:17:27.606104Z"
    },
    {
      "slug": "pipfarm",
      "name": "PipFarm",
      "tagline": "cTrader-only firm where the split and limits grow with an XP rank, from 70% up to 99%.",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "PipFarm is a Singapore firm that runs everything on cTrader, covering forex, metals, indices, energies and crypto. Your split, commissions and some limits improve as you earn XP and climb its rank ladder. It suits traders who want a cheap entry and don't mind small, capped payouts at first.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "How the evaluation works",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "You pick a mode at checkout, and each has its own price and trading requirement. All of them have a 3% daily loss limit and sizes from 5k to 150k.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Classic:",
                        "type": "text"
                      },
                      {
                        "text": " 12% on one stage with a fixed 6% floor, or 9% then 6% on two stages with a fixed 9% floor. You need 3 trading days per stage.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Endurance:",
                        "type": "text"
                      },
                      {
                        "text": " 10% on one stage or 8% then 5% on two, with fixed floors of 6% and 8%. It counts days that close at least 0.5% up.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
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                        "text": "Consistency:",
                        "type": "text"
                      },
                      {
                        "text": " 9% on one stage or 6% and 6% on two, and no single day can make more than 40% of your profit.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "content": [
              {
                "text": "One Step Light and Instant accounts are also on sale.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Rules worth knowing",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "News trading is fully allowed, and so are EAs if the strategy is your own. Overnight and weekend holding are fine. Each stage has a 90-day limit by default, and you must close a trade every 28 days. Funded accounts have a max risk limit with three strikes: the second halves your split and the third ends the account. Hedging across accounts and copying other traders are banned.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Getting paid",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "The split starts at 70% and can reach 99% at the top rank. Payouts come every 30 days unless you pay extra for a faster cycle. Each one is capped at 3% of the balance at first, rising to 6%, with a $5,000 ceiling. You're paid in crypto or by bank transfer.",
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              }
            ],
            "type": "paragraph"
          }
        ],
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      },
      "website_url": "https://pipfarm.com",
      "founded_year": 2023,
      "headquarters": "Singapore",
      "brand_color": "#2b1308",
      "markets": [
        "forex",
        "indices",
        "commodities",
        "crypto"
      ],
      "platforms": [
        "ctrader"
      ],
      "payout_methods": [
        "bank",
        "crypto"
      ],
      "restricted_countries": [
        "AF",
        "CD",
        "CF",
        "CG",
        "IR",
        "KP",
        "LY",
        "SD",
        "SO",
        "SS",
        "SY",
        "US",
        "YE"
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      "rules": {
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        "eas": "allowed",
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        "news_trading": "allowed",
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      "pros": [
        "Challenges from $25 on a 5k account",
        "News trading and your own EAs allowed",
        "Three modes to match how you trade",
        "Profit split can rise to 99% with rank"
      ],
      "cons": [
        "cTrader only",
        "Starting split is 70% with a 30-day payout cycle by default",
        "Funded accounts use a strike-based max risk limit",
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          "id": "classic-1-step-100k",
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          "id": "classic-2-step-5k",
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          "profit_targets": [
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          "min_trading_days": 3,
          "time_limit_days": 90,
          "leverage": "1:30",
          "refundable_fee": false
        },
        {
          "id": "classic-2-step-50k",
          "name": "Classic Two-Stage",
          "steps": 2,
          "account_size": 50000,
          "price": 260,
          "currency": "USD",
          "profit_targets": [
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            6
          ],
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          "max_loss_pct": 9,
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          "payout_frequency": "30 days",
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          "min_trading_days": 3,
          "time_limit_days": 90,
          "leverage": "1:30",
          "refundable_fee": false
        },
        {
          "id": "classic-2-step-150k",
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          "account_size": 150000,
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          "profit_targets": [
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            6
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          "daily_loss_pct": 3,
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        {
          "id": "endurance-1-step-50k",
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          "profit_targets": [
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          "max_loss_pct": 6,
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          "profit_split_pct": 70,
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          "min_trading_days": 4,
          "time_limit_days": 90,
          "leverage": "1:30",
          "refundable_fee": false
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        {
          "id": "endurance-2-step-100k",
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            5
          ],
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          "payout_frequency": "30 days",
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          "min_trading_days": 3,
          "time_limit_days": 90,
          "leverage": "1:30",
          "refundable_fee": false
        },
        {
          "id": "consistency-2-step-100k",
          "name": "Consistency Two-Stage",
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            6
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      "trustpilot_rating": 4,
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        },
        {
          "source": "propfirmmatch",
          "label": "Prop Firm Match (delisted)",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://propfirmmatch.com/prop-firms/pipfarm/reviews",
          "checked_on": "2026-10-06"
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        {
          "source": "myfxbook",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.myfxbook.com/reviews/prop-trading-firms/pipfarm/3169623,1",
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        },
        {
          "source": "forexpeacearmy",
          "rating": null,
          "scale": null,
          "count": null,
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          "checked_on": "2026-10-06"
        },
        {
          "source": "reddit",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.reddit.com/r/PropfirmsForum/comments/1p21bak/is_pipfarm_a_scam/",
          "checked_on": "2026-10-06"
        },
        {
          "source": "youtube",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.youtube.com/watch?v=3XyoUWZIYnk",
          "checked_on": "2026-10-06"
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            "content": [
              {
                "text": "PipFarm holds 4.0 on Trustpilot from a little under 400 reviews, down from the 4.6 to 4.7 that review sites quoted in its first year. Trustpilot notes that it removed a number of fake reviews from the page. The firm was delisted from Prop Firm Match in November 2025 after a dispute over the paperwork Prop Firm Match asked for, so its reviews there are no longer scored. Feedback on Myfxbook and the older Prop Firm Match reviews is warm, while Reddit is more cautious.",
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                "text": "What traders like",
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                        "text": "Clear rules.",
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                      {
                        "text": " Many reviewers say the rules are easy to follow and well explained in the FAQ.",
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              {
                "content": [
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                    "content": [
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                        "text": "Weekly payouts.",
                        "type": "text"
                      },
                      {
                        "text": " Friday payouts come up often, and reviewers say they arrive reliably.",
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                    "type": "paragraph"
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              },
              {
                "content": [
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                    "content": [
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                          {
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                        "text": "Execution on cTrader.",
                        "type": "text"
                      },
                      {
                        "text": " Several traders praise tight spreads on major forex pairs and smooth fills.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
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                        "text": "An open CEO and support team.",
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                      },
                      {
                        "text": " Reviewers like being able to talk to the CEO on Discord, and name support staff who helped quickly. The kill switch and the XP rewards system also get mentions.",
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                "text": "Common complaints",
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                        "text": "Payouts refused over shared-trading claims.",
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                        "text": " Some Trustpilot reviewers say payouts were refused because the firm linked their account to another trader's, which they deny.",
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                        "text": "Rule changes.",
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                      {
                        "text": " Reddit posters mention rule changes applied to existing accounts and mixed payout reports, and suggest beginners take care.",
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                "content": [
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                        "text": "The delisting.",
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                      },
                      {
                        "text": " Some traders treat the Prop Firm Match delisting as a warning sign, though the firm says the request went beyond what regulators ask.",
                        "type": "text"
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                    "type": "paragraph"
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              {
                "content": [
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                        "text": "Fewer learning materials.",
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                      {
                        "text": " A few review sites say there is little education for newer traders.",
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                "text": "Recently",
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            "content": [
              {
                "text": "Nothing dated in the last 90 days stands out in what we found. Review sites in July and August 2026 still quote 4.0 on Trustpilot.",
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            "type": "paragraph"
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          {
            "attrs": {
              "level": 2
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            "content": [
              {
                "text": "Where this comes from",
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              {
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                        "text": "Trustpilot",
                        "type": "text"
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                      {
                        "text": ": the firm's main review page.",
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                            },
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                          }
                        ],
                        "text": "Prop Firm Match",
                        "type": "text"
                      },
                      {
                        "text": ": older trader reviews on a comparison site that has since delisted the firm.",
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                              "target": "_self"
                            },
                            "type": "link"
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                        "text": "Myfxbook",
                        "type": "text"
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                      {
                        "text": ": user reviews on a trading analytics site.",
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                        "text": "Forex Peace Army",
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                        "text": ": trader review page.",
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                              "target": "_self"
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                        "text": "Reddit",
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                      {
                        "text": ": an r/PropfirmsForum thread on whether the firm is safe.",
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                        "text": "YouTube",
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                        "text": ": a video on the delisting.",
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                "content": [
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                      {
                        "marks": [
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
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                        ],
                        "text": "Finance Magnates",
                        "type": "text"
                      },
                      {
                        "text": ": news coverage of the delisting dispute.",
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      "seo_title": "PipFarm review: Classic, Endurance and Consistency modes",
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      "name": "Lux Trading Firm",
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                "text": "Lux Trading Firm is a UK company with an office in Dubai, selling large one-step evaluations on forex, indices, metals, energies, stocks and crypto. Funded stages are traded on an A-book model with a live liquidity provider. It suits disciplined traders who size every trade the same way and want room to scale, rather than anyone chasing a quick pass.",
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                "text": "How the evaluation works",
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                        "text": "1-Step Evaluation:",
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                        "text": " $100k for £199 with a 10% target, $400k for £449 with 12%, or $1M for £999 with 15%. Every size has a fixed 6% drawdown from the starting balance and no daily limit. The fee comes back in full once you pass.",
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                        "text": " $100k or $400k on a demo account with a 12% target and the same 6% floor. Hit the target cleanly and you're paid 80% of it once. The fee isn't refunded and the account doesn't scale.",
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                "text": "Funded accounts scale up each time you make 10%, all the way to $10M.",
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                "text": "Rules worth knowing",
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                "text": "The risk rules are where people come unstuck. Every trade needs a stop loss before you enter. You pick a fixed percentage of your remaining risk capital per trade, at most 5%, and keep it consistent through the stage. No single trade, or group of trades in the same idea, can bank more than 5% of the stage target. News trading is fine, but you can't move stops in the 30 seconds around a release, and bracketing news with pending orders is banned. Copy trading is allowed between your own evaluation accounts. There are no minimum or maximum trading days.",
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                "text": "Lux Trading Firm gets a divided verdict. Trustpilot shows 3.8 from about 635 reviews, a mix of mostly five-star and a sizeable block of one-star reviews. Forex Peace Army has only two reviews, both negative, for a 1.5 score. Prop Firm Match does not list the firm. Forum threads on Reddit and Forex Factory lean critical, and a review aggregator notes that many recent five-star Trustpilot reviews mention contests and giveaways rather than payouts.",
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                        "text": "The long-term model.",
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                        "text": " Traders who want a slow career path with large scaling, an audited track record and real-money execution like the structure.",
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                        "text": " Some reviewers say live chat helped them understand rules they had misread, and that a free reset let them start again.",
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                        "text": "Trustpilot",
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                        "text": "Forex Peace Army",
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                        "text": "Prop Firm Match",
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                        "text": "Reddit search",
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      "seo_title": "Lux Trading Firm: 1-step and INSTA accounts, rules, fees",
      "seo_description": "Lux Trading Firm sells 1-step evaluations from £199 for $100k with a fixed 6% drawdown, an 80% split, no day limits and scaling toward $10M in capital.",
      "logo": "/logos/lux-trading-firm.png",
      "updated_at": "2026-10-06T18:17:27.606104Z"
    },
    {
      "slug": "darwinex-zero",
      "name": "Darwinex Zero",
      "tagline": "A monthly subscription to trade a virtual account and earn fees on allocated capital.",
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        "content": [
          {
            "content": [
              {
                "text": "Darwinex Zero works differently from most firms on this list. You pay a monthly subscription, trade a virtual account, and your results become a DARWIN, an investable index that can win allocations and investor money. You can trade forex, indices, commodities, crypto CFDs, stocks, ETFs and futures. It suits patient traders who want a verified track record more than a quick funded account.",
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          {
            "attrs": {
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            "content": [
              {
                "text": "How the evaluation works",
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          {
            "content": [
              {
                "text": "There's no pass or fail challenge. You get a virtual account and trade it your way.",
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            "content": [
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                "content": [
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                    "content": [
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                        "marks": [
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                            "type": "bold"
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                        "text": "FX/CFD membership:",
                        "type": "text"
                      },
                      {
                        "text": " €45 a month for a $100K virtual account on MT4, MT5 or TradingView.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              {
                "content": [
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                            "type": "bold"
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                        "text": "Futures membership:",
                        "type": "text"
                      },
                      {
                        "text": " €50 a month (the extra €5 covers market data).",
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                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              },
              {
                "content": [
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                    "content": [
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                        "text": "Annual and three-year plans:",
                        "type": "text"
                      },
                      {
                        "text": " €420 and €1,080, both cheaper per month than paying monthly.",
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                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              }
            ],
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          },
          {
            "content": [
              {
                "text": "Darwinex's risk engine adjusts your strategy to a target risk level before investors see it. The site doesn't publish a fixed daily or overall loss limit.",
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            ],
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            "attrs": {
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            "content": [
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                "text": "Rules worth knowing",
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            "content": [
              {
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                    "content": [
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                        "text": "Restarting your account gives you a fresh account and a new DARWIN ticker, so your history starts again.",
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                      }
                    ],
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                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "text": "Restarts aren't included in the annual or three-year plans and cost extra.",
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "text": "Stocks and ETFs are only on MT5.",
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                    "content": [
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                        "text": "EAs work on MT4 and MT5.",
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                "text": "Getting paid",
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            "content": [
              {
                "text": "You don't take a profit split on your own trading. Darwinex Zero pays a 15% performance fee on returns made with capital allocated to your DARWIN, measured against a high-water mark. That capital comes from the monthly DarwinIA competition, optional Boosters and Permanent Allocations you can buy, and real investors. Fees are paid quarterly by default. A monthly option exists for DarwinIA, Booster and Permanent Allocation capital at an extra charge. You can put earned fees toward your membership.",
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        "You earn a 15% performance fee, not a profit split",
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        "Account restarts are charged separately on annual plans"
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        {
          "source": "propfirmmatch",
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          "count": 2,
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        {
          "source": "forexpeacearmy",
          "rating": null,
          "scale": null,
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          "source": "reddit",
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            "content": [
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                "text": "Darwinex Zero is not a challenge firm, and its reviews read differently. Traders pay a monthly subscription, trade a virtual account, and earn a 15% performance fee only once investor or seed capital is allocated to their strategy. It holds 4.2 on Trustpilot from about 390 reviews. Prop Firm Match has only two reviews, too few to mean much, and the Forex Peace Army page has no score in the evidence.",
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                "text": "What traders like",
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                        "text": "No rules to breach.",
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                        "text": " Reddit and Trustpilot reviewers like that there is no drawdown limit that ends the account and no restriction on trading style, EAs or news.",
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              {
                "content": [
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                    "content": [
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                        "text": "A regulated parent.",
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                      {
                        "text": " Many mention that the Darwinex group has been running since 2012 under FCA oversight, and pick it for that reason.",
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                        "text": "Support.",
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                        "text": " Several Trustpilot reviewers praise named support staff for handling complaints well.",
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                        "text": "Open to US traders.",
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                      {
                        "text": " A few Reddit users say they use it because most CFD prop firms will not take them.",
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                "text": "Common complaints",
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              {
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                        "marks": [
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                            "type": "bold"
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                        "text": "The 15% share.",
                        "type": "text"
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                      {
                        "text": " Reddit threads and review roundups say the split is low next to prop firms, though defenders point out it matches hedge fund norms.",
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                "content": [
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                        "text": "Subscription costs add up.",
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                      {
                        "text": " Some Trustpilot reviewers say the monthly fee is steep for beginners, and that reaching an allocation takes a long time.",
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              {
                "content": [
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                    "content": [
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                        "text": "The scoring and risk engine.",
                        "type": "text"
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                      {
                        "text": " Several reviewers find the DARWIN rating system hard to follow, and a few dispute how the risk engine treated their strategy.",
                        "type": "text"
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                    ],
                    "type": "paragraph"
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                ],
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              },
              {
                "content": [
                  {
                    "content": [
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                        "marks": [
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                        "text": "Trading costs.",
                        "type": "text"
                      },
                      {
                        "text": " A Forex Peace Army reviewer says spreads and commissions are high, especially on gold.",
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                  }
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              },
              {
                "content": [
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                    "content": [
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                        "text": "Investor side.",
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                        "text": " A recent Trustpilot reviewer using the platform as an investor says the execution has become disappointing.",
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            "content": [
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                "text": "Recently",
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          {
            "content": [
              {
                "text": "No clearly dated reviews from the last 90 days appear in the evidence. The Trustpilot page was updated within the past two weeks, and the firm has replied to most negative reviews there.",
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              }
            ],
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            "content": [
              {
                "text": "Where this comes from",
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                              "target": "_self"
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                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the main review page, with firm replies.",
                        "type": "text"
                      }
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              {
                "content": [
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                              "target": "_self"
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                        "text": "Prop Firm Match",
                        "type": "text"
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                      {
                        "text": ": firm profile with a small number of reviews.",
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              {
                "content": [
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                        "marks": [
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                              "href": "https://www.forexpeacearmy.com/forex-reviews/22320/darwinex-zero-review",
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                              "target": "_self"
                            },
                            "type": "link"
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                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
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                      {
                        "text": ": trader reviews.",
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                      }
                    ],
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              {
                "content": [
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                    "content": [
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                        "marks": [
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit search",
                        "type": "text"
                      },
                      {
                        "text": ": threads in r/Forex, r/PropFirmTester and others.",
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                      }
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      "seo_title": "Darwinex Zero review: subscription, DARWINs and fees",
      "seo_description": "Darwinex Zero costs from €45 a month for a $100K virtual account on MT4, MT5 or TradingView, paying a 15% performance fee on capital allocated to your DARWIN.",
      "logo": "/logos/darwinex-zero.svg",
      "updated_at": "2026-10-06T18:17:27.606104Z"
    },
    {
      "slug": "funding-traders",
      "name": "FundingTraders",
      "tagline": "Two 2-step models, a 1-step and instant accounts on MT5 and TradeLocker.",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "FundingTraders is a forex and CFD firm offering two 2-step models, a 1-step and an Instant Account, on MT5 and TradeLocker. You can trade forex, indices, metals, oil and crypto. It suits traders who like choosing their risk profile and don't mind a per-trade risk cap once funded.",
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              }
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            "content": [
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                "text": "How the evaluation works",
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          {
            "content": [
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                "content": [
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                        "marks": [
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                        "text": "2-Step Pro10:",
                        "type": "text"
                      },
                      {
                        "text": " 10% then 5%, with a 5% daily and 10% overall loss limit on a static floor. Four trading days per phase.",
                        "type": "text"
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                    "type": "paragraph"
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                ],
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              {
                "content": [
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                    "content": [
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                        "text": "2-Step Pro6:",
                        "type": "text"
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                      {
                        "text": " 6% in both phases, with a 3% daily and 6% overall limit, also static.",
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                "content": [
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                        "text": "1-Step Pro:",
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                      {
                        "text": " a single 10% target, 3% daily loss and a 10% overall limit that trails your highest balance.",
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                "content": [
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                    "content": [
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                        "text": "Instant Account:",
                        "type": "text"
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                      {
                        "text": " no target. 3% daily, and a 6% limit that trails until you're 3% up, then locks at the starting balance.",
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                    "type": "paragraph"
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                "text": "Rules worth knowing",
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            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "text": "Funded evaluation accounts cap risk at 2% of the starting balance per trade idea. On the 1-Step that applies during the challenge too. Instant accounts are capped at 1% floating loss.",
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              {
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                    "content": [
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                        "text": "News trading is open during challenges. Once funded you can't open or close within the restricted news window, and news trades can't make up more than 30% of profit.",
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                        "text": "Instant accounts ban news trading and need five profitable days of 0.25% in every 30 days.",
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                    "content": [
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                        "text": "Third-party EAs are out unless they only manage risk.",
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                        "text": "Holding overnight and over weekends is allowed.",
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                "text": "Getting paid",
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            "content": [
              {
                "text": "The 2-step accounts pay 80% and the 1-Step and Instant pay 90%, with add-ons up to 100%. Evaluation accounts pay every 21 days by default, or 14 with an add-on. Instant accounts pay every 7 days but need a 15% consistency score. Payouts go through Rise or USDT, and your fee comes back with the second payout.",
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      "website_url": "https://fundingtraders.com",
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        "Four programs including instant funding",
        "Evaluation fee refunded with the second payout",
        "No consistency score on the 2-step accounts",
        "Weekend holding allowed"
      ],
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        "2% risk cap per trade idea on funded accounts",
        "Default payout cycle is 21 days on evaluation accounts",
        "Most third-party EAs are not allowed"
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            5
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          "daily_loss_pct": 5,
          "max_loss_pct": 10,
          "drawdown_type": "static",
          "profit_split_pct": 80,
          "payout_frequency": "21 days",
          "first_payout_days": 21,
          "min_trading_days": 4,
          "time_limit_days": null,
          "leverage": "1:50",
          "refundable_fee": true
        },
        {
          "id": "pro10-100k",
          "name": "2-Step Pro10",
          "steps": 2,
          "account_size": 100000,
          "price": 750,
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          "profit_targets": [
            10,
            5
          ],
          "daily_loss_pct": 5,
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          "profit_split_pct": 80,
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          "first_payout_days": 21,
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          "leverage": "1:50",
          "refundable_fee": true
        },
        {
          "id": "pro10-200k",
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          "price": 1250,
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            10,
            5
          ],
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          "profit_split_pct": 80,
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          "min_trading_days": 4,
          "time_limit_days": null,
          "leverage": "1:50",
          "refundable_fee": true
        },
        {
          "id": "pro6-100k",
          "name": "2-Step Pro6",
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            6
          ],
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          "leverage": "1:50",
          "refundable_fee": true
        },
        {
          "id": "1-step-5k",
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            10
          ],
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          "profit_split_pct": 90,
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        },
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          "id": "1-step-100k",
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          "leverage": "1:50",
          "refundable_fee": true
        },
        {
          "id": "instant-10k",
          "name": "Instant Account",
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          "price": 179,
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          "max_loss_pct": 6,
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          "first_payout_days": 7,
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          "leverage": "1:50",
          "refundable_fee": true
        },
        {
          "id": "instant-100k",
          "name": "Instant Account",
          "steps": 0,
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          "price": 749,
          "currency": "USD",
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          "daily_loss_pct": 3,
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          "profit_split_pct": 90,
          "payout_frequency": "7 days",
          "first_payout_days": 7,
          "min_trading_days": null,
          "time_limit_days": null,
          "leverage": "1:50",
          "refundable_fee": true
        }
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          "source": "trustpilot",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.trustpilot.com/review/fundingtraders.com",
          "checked_on": "2026-10-06"
        },
        {
          "source": "forexpeacearmy",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.forexpeacearmy.com/forex-reviews/21201/fundingtraders-review",
          "checked_on": "2026-10-06"
        },
        {
          "source": "propfirmmatch",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://propfirmmatch.com/prop-firms/funding-traders?tab=reviews",
          "checked_on": "2026-10-06"
        },
        {
          "source": "myfxbook",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.myfxbook.com/reviews/prop-trading-firms/fundingtraders/3255709,1",
          "checked_on": "2026-10-06"
        },
        {
          "source": "reddit",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.reddit.com/search/?q=fundingtraders",
          "checked_on": "2026-10-06"
        }
      ],
      "review_summary_json": {
        "content": [
          {
            "content": [
              {
                "text": "FundingTraders has a divided reputation, and none of the review sites in our evidence show a current score we could confirm. A third-party review from late 2025 put its Trustpilot score at 3.7 from over 3,300 reviews, but we could not check that against the page. Forex Peace Army, Prop Firm Match, Myfxbook and Reddit all have plenty of discussion. Much of the praise is for cheap accounts, giveaways and fast first payouts. Much of the criticism is about denied payouts and how the firm handles reviews.",
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                "text": "What traders like",
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                        "text": "Payouts for some.",
                        "type": "text"
                      },
                      {
                        "text": " A good number of reviewers report payouts arriving within a day, in some cases within hours.",
                        "type": "text"
                      }
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
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                        "text": "Low prices and giveaways.",
                        "type": "text"
                      },
                      {
                        "text": " Affordable challenges and giveaway accounts come up often, along with an active Discord.",
                        "type": "text"
                      }
                    ],
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              },
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                "content": [
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                    "content": [
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                        "text": "Responsive support.",
                        "type": "text"
                      },
                      {
                        "text": " Many positive reviews describe support as quick and helpful.",
                        "type": "text"
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                "text": "Common complaints",
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          {
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                    "content": [
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                          {
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                          }
                        ],
                        "text": "Denied or reduced payouts.",
                        "type": "text"
                      },
                      {
                        "text": " Several traders on Trustpilot, Reddit and Prop Firm Match say payouts were refused or cut over news trading, risk limits or rules they call arbitrary. One Prop Firm Match reviewer says a 50% payout was approved and then not paid for over a month.",
                        "type": "text"
                      }
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                ],
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Execution disputes.",
                        "type": "text"
                      },
                      {
                        "text": " Some report heavy slippage, and a Myfxbook reviewer says support admitted it had no tick data yet ruled the dispute final.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
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                            "type": "bold"
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                        "text": "Pressure over reviews.",
                        "type": "text"
                      },
                      {
                        "text": " A Reddit poster says the firm offered a free retake only if they deleted a negative Trustpilot review.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
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                        "text": "Tight consistency rules.",
                        "type": "text"
                      },
                      {
                        "text": " A few say the default consistency rule makes reaching a payout hard without paying for an upgrade.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              }
            ],
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            "attrs": {
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            "content": [
              {
                "text": "Recently",
                "type": "text"
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            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "July 2026:",
                        "type": "text"
                      },
                      {
                        "text": " Forex Peace Army reports more than 1,200 positive reviews arriving over one weekend, judged them likely compensated, and set those ratings to zero.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "September 2026:",
                        "type": "text"
                      },
                      {
                        "text": " an independent review notes the hybrid in-house broker setup and advises comparing execution claims carefully.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
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                  {
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                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the firm's main review page.",
                        "type": "text"
                      }
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              {
                "content": [
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                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews and the flagged review flood.",
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              {
                "content": [
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                            "attrs": {
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                        "text": "Prop Firm Match",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews, including payout disputes.",
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                      }
                    ],
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                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
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                              "href": "https://www.myfxbook.com/reviews/prop-trading-firms/fundingtraders/3255709,1",
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                              "target": "_self"
                            },
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                          }
                        ],
                        "text": "Myfxbook",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews.",
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                      }
                    ],
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                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
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                            "attrs": {
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit search",
                        "type": "text"
                      },
                      {
                        "text": ": warning threads and general discussion.",
                        "type": "text"
                      }
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      "seo_title": "FundingTraders: 2-step, 1-step and instant account rules",
      "seo_description": "FundingTraders sells 2-Step Pro10 and Pro6, 1-Step Pro and Instant accounts from $49 on MT5 and TradeLocker, with an 80 to 90% split and Rise or crypto payouts.",
      "logo": "/logos/funding-traders.png",
      "updated_at": "2026-10-06T18:17:27.606104Z"
    },
    {
      "slug": "ftuk",
      "name": "FTUK",
      "tagline": "Pay-after-you-pass Flex challenge, instant forex accounts and instant futures sims.",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "FTUK has been running since 2021 and now sells three things: a pay-after-you-pass Flex challenge, instant forex accounts, and instant futures sims. Forex accounts trade on MT5, TradeLocker or Match-Trader. It suits traders who want a cheap start and like taking profits whenever they're ready.",
                "type": "text"
              }
            ],
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          {
            "attrs": {
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            "content": [
              {
                "text": "How the evaluation works",
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          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
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                        ],
                        "text": "Flex Challenge:",
                        "type": "text"
                      },
                      {
                        "text": " $9 to start, with an activation fee from $56 (5K) to $1,200 (200K) due only after you pass. One phase with a 4% target, a 5% daily limit and a 6% drawdown that trails your highest closing balance, then locks at the starting balance.",
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                      }
                    ],
                    "type": "paragraph"
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                        "text": "Instant Funding:",
                        "type": "text"
                      },
                      {
                        "text": " no evaluation. The same 5% daily and 6% trailing drawdown, priced from $109 for 5K.",
                        "type": "text"
                      }
                    ],
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                  }
                ],
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              {
                "content": [
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                    "content": [
                      {
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                          {
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                        "text": "Instant Sim Funding (futures):",
                        "type": "text"
                      },
                      {
                        "text": " 25K to 150K on FTUK XT, with an end-of-day trailing drawdown and a daily loss limit that locks you out for the day.",
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            "content": [
              {
                "text": "Rules worth knowing",
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            ],
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          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
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                        "text": "News trading is allowed and stop-losses aren't required on forex accounts.",
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                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "text": "A consistency rule applies before payouts: your best day can't exceed 20% of profit at the first levels.",
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                    ],
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                ],
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              {
                "content": [
                  {
                    "content": [
                      {
                        "text": "The account protector caps floating loss on open trades at 2%.",
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                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "text": "Copying trades between two FTUK accounts isn't allowed, and EAs are limited to risk management.",
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              {
                "content": [
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                    "content": [
                      {
                        "text": "Futures accounts must be flat overnight and over the weekend.",
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                ],
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              {
                "content": [
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                    "content": [
                      {
                        "text": "Fees aren't refundable.",
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            "content": [
              {
                "text": "Getting paid",
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          {
            "content": [
              {
                "text": "Forex payouts are on demand once you're in profit, flat and inside the consistency rule. Flex splits start at 60% and Instant at 65%, rising to 90% as you scale. Futures sims pay 90% after five winning days and a 6% payout target. Payouts above $500 go through Rise, smaller ones in USDT or USDC.",
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      "website_url": "https://ftuk.com",
      "founded_year": 2021,
      "headquarters": "Utrecht, Netherlands",
      "brand_color": "#09021a",
      "markets": [
        "forex",
        "indices",
        "commodities",
        "crypto",
        "futures"
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      "platforms": [
        "mt5",
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        "tradelocker"
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        "rise"
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      "rules": {
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        "eas": "restricted",
        "news_trading": "allowed",
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        "weekend_holding": "restricted"
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        "Flex challenge starts at $9, the rest is paid only after you pass",
        "Payouts on demand once you meet the rules",
        "News trading allowed and no stop-loss requirement",
        "Forex and futures under one roof"
      ],
      "cons": [
        "Starting profit splits of 60 to 65% on forex accounts",
        "Trailing 6% drawdown on Flex and Instant",
        "Purchases are non-refundable",
        "Futures accounts must be flat overnight and at weekends"
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          "profit_split_pct": 60,
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          "leverage": "1:50",
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          "id": "flex-100k",
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                        "text": " one step with a 9% target, a 3% daily loss and a 6% drawdown that trails your balance. From $49 for a $6K account.",
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                "text": "For Traders scores well on Prop Firm Match, at 4.4 from about 290 verified reviews, but the rest of the picture is more divided. Its Trustpilot page has a long list of reviews, yet no score for it appears anywhere in what we found, and Prop Firm Match lists the Trustpilot rating as unavailable. Reddit posters recall that the Trustpilot profile was suspended for a while in June 2024 after a surge of reviews. The firm launched in 2023 and is based in Dubai.",
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                        "text": "August 2026:",
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                "text": "HyroTrader is a crypto-only prop firm that launched in 2023. Its hook is where you trade: you can connect your own Bybit or BloFin demo account, use Hyro's in-house platform with TradingView charts, or trade through Tealstreet or Tiger. It suits crypto traders who want to keep their exchange setup.",
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                        "text": "One-Step:",
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                        "text": " 10% then 5%, with a 5% daily and 10% overall limit. From $59.",
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                "text": "You start on 80%. On One-Step and Two-Step it can rise to 90% at HyroTrader's discretion, and the challenge deposit comes back with your first payout. You can request a payout once you're in profit, with a $100 minimum after the split. Payments go out in USDT or USDC within 24 hours.",
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                        "text": "July 2026:",
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                        "text": " HyroTrader won a prop firm award at a crypto industry event.",
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                        "text": "Reddit search",
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      "seo_title": "HyroTrader review: crypto challenges, rules and payouts",
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                "text": "Crypto Fund Trader is a Swiss-registered prop firm that started with crypto and now covers forex, indices, commodities and stocks too. You pick MT5, Match-Trader or a Bybit account when you buy, and there are more than 700 crypto pairs. It suits crypto traders who want plenty of pairs and don't want a clock running.",
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                        "text": "1 Phase (Accelerated):",
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                        "text": " a 10% target with a 4% daily limit and a 6% trailing drawdown that follows your account up. From $40 for 5k to $1,199 for 200k.",
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                        "text": " 8% then 5%, with a 5% daily and 10% fixed overall limit. From $58 for 5k to $1,250 for 200k.",
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                        "text": " one phase with a trailing drawdown in dollars, for example a $1,250 target and $1,000 drawdown on 25k. You pay $70 up front and a $138 activation fee only after you pass.",
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                        "text": " a second two-phase plan and an instant account that doubles in size each time you hit 10%.",
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                        "text": "Break funded accounts have a 40% consistency rule, checked when you ask for a payout.",
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                "text": "The standard split is 80%, and you can buy a 90% add-on at checkout. Default payouts come every 30 days once you've traded 15 days, and weekly or bi-weekly payouts are paid add-ons. Break accounts pay on demand. You can take bank transfers in EUR or USD, or crypto.",
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                "text": "FundedSquad's reviews are sharply split. Trustpilot has a few hundred reviews, but we could not read a current score from Trustpilot itself, and the figures quoted by other sites disagree: one review site put it at 3.5 in mid-2026, while older snapshots showed 4 stars or higher. Trustpilot also says it has removed a number of fake reviews from the page. Positive reviews praise fast payouts and support. Negative ones, on Trustpilot, Reddit and Forex Peace Army, describe payouts refused under rules the trader did not expect.",
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              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "What traders like",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Fast payouts on small amounts.",
                        "type": "text"
                      },
                      {
                        "text": " Several reviewers say withdrawals were processed within a day, and some point to the firm's 12-hour payout promise.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Support.",
                        "type": "text"
                      },
                      {
                        "text": " Positive reviews often mention quick, helpful replies.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Easy targets and few restrictions.",
                        "type": "text"
                      },
                      {
                        "text": " Some like the 6% targets on the two-step program and the freedom to hold over weekends and trade news.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Common complaints",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                          }
                        ],
                        "text": "Larger payouts refused.",
                        "type": "text"
                      },
                      {
                        "text": " Several reviewers say payouts of a few thousand dollars were rejected over a Martingale rule, an IP or location check, or alleged VPN use, and some say small payouts go through while big ones do not.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Payouts smaller than expected.",
                        "type": "text"
                      },
                      {
                        "text": " A few say the amount received was well below their stated profit split.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Unclear breach rules.",
                        "type": "text"
                      },
                      {
                        "text": " Some say accounts were breached under rules such as a floating loss limit or a minimum trade duration that they did not know applied.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Slow dispute handling.",
                        "type": "text"
                      },
                      {
                        "text": " A widely shared Reddit thread from March 2026 says a payout took six days to review and was then refused.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Recently",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
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                          }
                        ],
                        "text": "August 2026:",
                        "type": "text"
                      },
                      {
                        "text": " a long Forex Peace Army post explains how a two-minute minimum trade rule can cancel a payout and send the account back to its starting balance.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "text": "No other dated trader reviews from the last 90 days turned up.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                              "href": "https://www.trustpilot.com/review/fundedsquad.com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the firm's main review page, with both praise and payout complaints.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": trader write-ups on the firm's rules.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://propfirmmatch.com/unlisted-prop-firms/fundedsquad",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Prop Firm Match",
                        "type": "text"
                      },
                      {
                        "text": ": unlisted firm page with community experiences.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.reddit.com/r/PropFirmTester/comments/1rzx7by/be_careful_guys_of_fundedsquad/",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit",
                        "type": "text"
                      },
                      {
                        "text": ": a March 2026 r/PropFirmTester thread about a refused payout.",
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                      }
                    ],
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                ],
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            ],
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      "sort_order": 165,
      "seo_title": "FundedSquad: evaluation prices, targets and payouts",
      "seo_description": "FundedSquad sells 1 Step and 2 Step forex evaluations from $79 and instant accounts from $69 on MT5, cTrader, Match-Trader and TradeLocker, up to 100% split.",
      "logo": "/logos/funded-squad.svg",
      "updated_at": "2026-10-06T18:17:27.606104Z"
    },
    {
      "slug": "fundora",
      "name": "Fundora",
      "tagline": "Tokyo-based two-phase cTrader evaluation with swap-free gold and accounts up to $400,000.",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "Fundora is a prop firm run by Quantum Fund Traders Inc. from Tokyo. There's one two-phase challenge on cTrader, sold in six odd-looking sizes from $16,666 to $400,000, and gold carries no overnight swap. It suits traders who want one plain set of rules.",
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            "content": [
              {
                "text": "How the evaluation works",
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                        "text": "Fundora Challenge:",
                        "type": "text"
                      },
                      {
                        "text": " 8% in phase 1 and 5% in phase 2, with a 5% daily and 10% overall loss limit. You need 3 trading days in each phase. Prices run from $177 for the $16,666 account to $2,999 for $400,000.",
                        "type": "text"
                      }
                    ],
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                  }
                ],
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              }
            ],
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          },
          {
            "content": [
              {
                "text": "The daily loss resets at 6 AM Japan time in summer and 7 AM in winter, which catches people used to a midnight reset. Pass both phases and you get a Pro account with the same 5% and 10% limits.",
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              }
            ],
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            "attrs": {
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            "content": [
              {
                "text": "Rules worth knowing",
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          {
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              {
                "content": [
                  {
                    "content": [
                      {
                        "text": "No time limit on either phase, but 30 days without a trade disqualifies the account.",
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                    ],
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                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "text": "Closing a trade within 20 seconds of opening it is banned.",
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              {
                "content": [
                  {
                    "content": [
                      {
                        "text": "News trading, averaging down and martingale are allowed.",
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                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "text": "EAs are allowed only if you built them yourself, and you may be asked for the code. Copying anyone else's trades is banned, as is hedging across accounts.",
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                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "text": "Weekend holding is allowed on every symbol. Only crypto trades at the weekend.",
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                      }
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                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "text": "Leverage is 50x on forex, 10x on commodities, 5x on indices and 2x on crypto.",
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            "content": [
              {
                "text": "Getting paid",
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            "content": [
              {
                "text": "The Pro account pays 80%. The first reward can be claimed after 28 days and is capped at 10% of the starting balance, the second at 15%, and after that rewards come every 14 days. Pro rewards also need your best day to be no more than 33.3% of total profit. Payouts are usually processed within 2 to 3 business days.",
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      "markets": [
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          "daily_loss_pct": 5,
          "max_loss_pct": 10,
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          "profit_split_pct": 80,
          "payout_frequency": "14 days",
          "first_payout_days": 28,
          "min_trading_days": 3,
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          "id": "2-phase-66k",
          "name": "Fundora Challenge",
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          "account_size": 66666,
          "price": 444,
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          "profit_split_pct": 80,
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          "leverage": "1:50",
          "refundable_fee": false
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          "id": "2-phase-133k",
          "name": "Fundora Challenge",
          "steps": 2,
          "account_size": 133333,
          "price": 666,
          "currency": "USD",
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            5
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          "daily_loss_pct": 5,
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          "profit_split_pct": 80,
          "payout_frequency": "14 days",
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          "id": "2-phase-400k",
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          "account_size": 400000,
          "price": 2999,
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          "profit_split_pct": 80,
          "payout_frequency": "14 days",
          "first_payout_days": 28,
          "min_trading_days": 3,
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      "seo_title": "Fundora review: Japanese prop firm prices and rules",
      "seo_description": "Fundora, run by Quantum Fund Traders in Tokyo, sells one two-phase cTrader challenge from $177, with 8% and 5% targets, 80% split and 14-day reward cycles.",
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      "updated_at": "2026-10-06T18:17:27.606104Z"
    },
    {
      "slug": "thinkcapital",
      "name": "ThinkCapital",
      "tagline": "ThinkMarkets' prop arm, with one-, two- and three-step challenges and TradingView access.",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "ThinkCapital is the prop trading brand of ThinkMarkets, a broker regulated by the FCA, ASIC and CySEC, and it launched in 2024. You trade forex, indices, commodities and crypto on ThinkTrader, which connects to TradingView. It suits traders who want a broker-backed firm and a choice of how many phases to sit through.",
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          {
            "attrs": {
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            "content": [
              {
                "text": "How the evaluation works",
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          {
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              {
                "content": [
                  {
                    "content": [
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                        "text": "Lightning (1-step):",
                        "type": "text"
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                      {
                        "text": " a 10% target, a 3% daily loss limit and a 6% maximum loss that trails your equity until it locks at the starting balance. From $59 for $5K to $499 for $100K.",
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                "content": [
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                        "text": "Dual Step Intraday:",
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                      {
                        "text": " 9% then 5%, a 4% daily limit on equity and a 7% static maximum loss (8% once funded). Same prices as Lightning.",
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                        "text": "Dual Step Swing:",
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                        "text": " the same two-phase idea with a balance-based daily limit and news and weekend holding allowed, priced higher at $82 to $698.",
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                        "text": "Nexus (3-step):",
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                      {
                        "text": " 7%, 6% and 5%, a 4% daily limit and an 8% maximum loss fixed to the starting balance. The cheapest route, from $39 for $5K.",
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                        "text": "Bolt (instant):",
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                      {
                        "text": " no evaluation, a 3% daily limit and a 6% trailing maximum loss. From $39 for $2.5K to $899 for $100K.",
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            "content": [
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                "text": "The challenges need at least 3 trading days.",
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                "text": "Rules worth knowing",
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                    "content": [
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                        "text": "On funded accounts you can't trade from 2 minutes before to 2 minutes after high-impact news unless you bought the news add-on. Dual Step Swing allows news by default.",
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                    "content": [
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                        "text": "Weekend holding isn't allowed on Dual Step Intraday or Bolt unless you pay for it.",
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              {
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                    "content": [
                      {
                        "text": "The daily limit on Dual Step Intraday is reset from your 5 PM New York equity, so floating losses at the close lower the next day's floor.",
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                    "content": [
                      {
                        "text": "Copy trading isn't allowed. EAs are allowed on Lightning and Nexus.",
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            "content": [
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                "text": "Getting paid",
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              {
                "text": "The standard split is 80%, with 90% as an add-on. Payouts run every 14 days, or every 7 days with an add-on, and Bolt can add on-demand payouts. Requests are processed within 3 business days, in crypto (USDT or USDC), through Rise, or straight into a ThinkMarkets live account where ThinkMarkets accepts clients.",
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      "website_url": "https://www.thinkcapital.com",
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        "crypto"
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                        "text": " no target to pass. Sizes run $25K to $300K with a 4% maximum drawdown that trails during the first cycle and a hard daily loss limit of roughly 1.3% to 1.6%. After the first payout the floor becomes static.",
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                        "text": " one step with a 6% target, 10 trading days and a 30-day window. You pick a fixed end-of-day drawdown (1.6%) or a trailing end-of-day one (2.5% to 3%) on a $50K or $100K account. No activation fee when you pass.",
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                "text": "Savius is one of the older futures prop firms, running since 2013, but it has a modest review footprint. It holds 4.5 on Trustpilot from about 200 reviews, the only sizeable pool. Forex Peace Army and Prop Firm Match have pages for it with no score, and Reddit discussion is sparse. Evidence on complaints is thin, so the picture below leans on a small number of reviews.",
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                "text": "SabioTrade runs a single-phase assessment on its own web platform, with forex, stocks, indices, commodities, crypto and ETFs on offer. It suits traders who like one target and no clock, and who are happy to trade away from MetaTrader. The firm also bundles an academy with every plan, and sells a PRO Club that gives you three or twelve assessment accounts plus longer academy access.",
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                        "text": " one phase on $20K, $50K, $100K, $200K or $650K. Hit 10% and you're through. The daily loss limit is 5% of the previous day's closing balance, and the maximum drawdown is 6% of the starting balance, trailing your highest closed balance. Open losses count against it.",
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            "content": [
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                "text": "What traders like",
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                        "text": "Payouts for those who get them.",
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                        "text": " Several Trustpilot, Reviews.io and Myfxbook reviewers say withdrawals arrived quickly, including one who reports a $5,000 payout reaching the bank within days.",
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                        "text": "The in-house platform and app.",
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                        "text": " Reviewers find the built-in trading room easy to use, with charts, alerts and stats in one place.",
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                        "text": "Education and community.",
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                        "text": " Some like the academy, mentorship sessions and Discord, which few prop firms offer.",
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                        "text": "Simple one-step evaluation.",
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                        "text": " A few say a single phase gives them more peace of mind than a two-step challenge.",
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                "text": "Common complaints",
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                        "text": "Refused after passing.",
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                        "text": " Several reviewers on Trustpilot, Reviews.io, Sitejabber and Reddit say they passed the assessment and were then denied a funded account, often over what the firm called all-in or gambling-style trading, under a margin rule they felt was not clearly defined.",
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                        "text": " Trustpilot's own summary notes that many reviewers complain about response times.",
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                "content": [
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                        "text": "Stops and execution.",
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                        "text": " Some say stop losses failed during volatile moves.",
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              {
                "content": [
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                    "content": [
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                        "text": "Payout conditions.",
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                      {
                        "text": " A few say a payout was blocked by the equity rule after a request, which the firm says is published in its terms.",
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                "text": "Recently",
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                "text": "No dated reviews from the last 90 days appear in the evidence. The firm replies to most Trustpilot reviews, positive and negative.",
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                "text": "Where this comes from",
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                            "attrs": {
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
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                        "text": "Trustpilot",
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                      {
                        "text": ": the main review page, with a notice that fake reviews were removed.",
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                        "text": "Reviews.io",
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                      {
                        "text": ": verified customer reviews.",
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                              "target": "_self"
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                        "text": "Sitejabber",
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                        "text": ": flagged for suspicious review activity.",
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                              "target": "_self"
                            },
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                        "text": "Myfxbook",
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                        "text": ": trader reviews.",
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                            "type": "link"
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                        ],
                        "text": "Prop Firm Match",
                        "type": "text"
                      },
                      {
                        "text": ": unlisted firm page with community warnings.",
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                      }
                    ],
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                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit search",
                        "type": "text"
                      },
                      {
                        "text": ": trader threads.",
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                      }
                    ],
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                  }
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                "content": [
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                              "target": "_self"
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                        "text": "YouTube search",
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                      },
                      {
                        "text": ": review videos, mostly from affiliates.",
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                "text": "Funded Trader Markets (FTM) is a CFD prop firm contracting from Dubai. You can trade forex, indices, commodities and crypto on cTrader, TradeLocker, Match-Trader or MT5. It suits traders who want to trade news freely and take rewards whenever they're eligible.",
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                        "text": " a 10% target with a 4% daily loss (3% on the $300K) and a 6% overall loss that trails your highest balance until you're 6% up, then locks at your starting balance.",
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                        "text": " 8% then 5%, with at least three trading days per phase. The daily loss is 4% and the overall loss is 10% static.",
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                "text": "Funded Trader Markets is a young firm, launched in August 2024, and its review footprint is still modest. The last score we could read on Trustpilot itself was 4.2 from about 300 reviews, in late 2025. A review site quoting Trustpilot in September 2026 put it at 3.9 from 463 reviews, with ratings split sharply between five stars and one star. Most of the praise is about payout speed. Most of the criticism is about rule enforcement once traders reach a payout.",
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            ],
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            "attrs": {
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            "content": [
              {
                "text": "What traders like",
                "type": "text"
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            "type": "heading"
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            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Very fast payouts.",
                        "type": "text"
                      },
                      {
                        "text": " The standout theme. Many reviewers on Trustpilot, Myfxbook and Prop Firm Match say rewards landed within minutes or a few hours of asking.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
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                        "text": "Responsive support.",
                        "type": "text"
                      },
                      {
                        "text": " Several reviewers say support answered quickly and personally rather than with templates.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
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                        "text": "Flexible rules.",
                        "type": "text"
                      },
                      {
                        "text": " News trading, instant funding and on-demand payouts come up often as reasons traders picked the firm.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              {
                "content": [
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                    "content": [
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                        "marks": [
                          {
                            "type": "bold"
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                        "text": "Prices.",
                        "type": "text"
                      },
                      {
                        "text": " Some mention reasonable fees and frequent discounts.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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                ],
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            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
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            "content": [
              {
                "text": "Common complaints",
                "type": "text"
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            ],
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            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Disputed breaches.",
                        "type": "text"
                      },
                      {
                        "text": " Some low Trustpilot reviews dispute drawdown breaches, and the firm's compliance team replies that the breach matched its published rules.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Payouts refused after interviews.",
                        "type": "text"
                      },
                      {
                        "text": " A few reviewers say payouts were refused after a risk interview, or over accounts the firm linked to another trader.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Platform trouble.",
                        "type": "text"
                      },
                      {
                        "text": " A few complain about chart or platform glitches; the firm says one such case was an MT5 issue on Android affecting all brokers.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Spreads.",
                        "type": "text"
                      },
                      {
                        "text": " One Reddit thread says spreads are not the tightest.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
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                        "text": "A rising share of low ratings.",
                        "type": "text"
                      },
                      {
                        "text": " One review site noted a wave of one-star Trustpilot reviews in 2026 about payouts, rule enforcement and communication.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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            ],
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          },
          {
            "attrs": {
              "level": 2
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            "content": [
              {
                "text": "Recently",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "Little dated in the last 90 days. A user review in August 2026 on TheGodFunded was positive, and a September 2026 review site write-up repeated the fast payout reports.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
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            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
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                  {
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                        "marks": [
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                              "href": "https://www.trustpilot.com/review/fundedtradermarkets.com",
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                              "target": "_self"
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                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the firm's main review page.",
                        "type": "text"
                      }
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                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                            "attrs": {
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                              "target": "_self"
                            },
                            "type": "link"
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                        "text": "Myfxbook",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.forexpeacearmy.com/forex-reviews/22467/funded-trader-markets-review",
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": the firm's page.",
                        "type": "text"
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                    "type": "paragraph"
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                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
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                        "text": "Prop Firm Match",
                        "type": "text"
                      },
                      {
                        "text": ": community reviews on an unlisted firm page.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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                "content": [
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                      {
                        "marks": [
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                              "target": "_self"
                            },
                            "type": "link"
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                        "text": "TheGodFunded",
                        "type": "text"
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                      {
                        "text": ": a small set of user reviews.",
                        "type": "text"
                      }
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                    "type": "paragraph"
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                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
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                            "attrs": {
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                              "target": "_self"
                            },
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                        "text": "Reddit",
                        "type": "text"
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                      {
                        "text": ": a r/PropFirmTester thread on the firm.",
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                              "target": "_self"
                            },
                            "type": "link"
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                        ],
                        "text": "TheTrustedProp",
                        "type": "text"
                      },
                      {
                        "text": ": the September 2026 Trustpilot figure.",
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      "seo_title": "Funded Trader Markets: Nitro, 2-step and instant rules",
      "seo_description": "Funded Trader Markets sells a 1-step Nitro, a 2-step Plus and instant accounts from $52, on cTrader, TradeLocker, Match-Trader and MT5, with on-demand rewards.",
      "logo": "/logos/funded-trader-markets.png",
      "updated_at": "2026-10-06T18:17:27.606104Z"
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    {
      "slug": "funding-rock",
      "name": "FundingRock",
      "tagline": "Cyprus-based CFD prop firm with 6% targets, tight 3% daily limits and TradeLocker.",
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          {
            "content": [
              {
                "text": "FundingRock is a CFD prop firm run from Nicosia, Cyprus. You trade forex, metals, energy, indices and crypto on TradeLocker or cTrader. Entry prices are low, and the loss limits are tight to match, so it suits careful traders who size small and don't need to hold over the weekend.",
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                "text": "How the evaluation works",
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                        "text": "2-Step:",
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                      {
                        "text": " 6% in each phase, a 3% daily loss and a 6% static overall loss.",
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                        "text": "1-Step:",
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                        "text": " a 10% target with the same 3% daily loss, but the 6% maximum loss trails your highest closed balance.",
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                        "text": "Instant:",
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                      {
                        "text": " no evaluation and no target. You get 4% daily and 8% overall, trailing your highest closed balance, with a 15% consistency rule.",
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                        "text": "Pay After You Pass:",
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                        "text": " a $5 entry with a 3% target and an 8% trailing loss, then an activation fee once you pass.",
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            "content": [
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                "text": "None of the programs has a minimum number of trading days or a time limit.",
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                "text": "Rules worth knowing",
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                        "text": "The daily limit resets at 21:00 UTC, measured from the higher of balance or equity.",
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                        "text": "On the 1-Step and 2-Step you can't open, close or change trades in the two minutes either side of high-impact news. Instant and Pay After You Pass allow news trading.",
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                    "content": [
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                        "text": "Holding over a weekend without the paid add-on breaches the account.",
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                        "text": "Funded accounts from the 1-Step and 2-Step carry a 30% consistency rule.",
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                    "content": [
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                        "text": "Copy trading, hedging and shared commercial EAs are banned.",
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                "text": "Getting paid",
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                "text": "The split is 80%, or 95% with an add-on. On the 1-Step and 2-Step your first reward comes 14 days after your first funded trade, then every 14 days. Instant accounts can request rewards on demand. Once you request a reward, the trailing loss locks at your starting balance. Rewards go out through Rise or crypto.",
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                "text": "FundingRock is a young Cyprus-based firm with a small review footprint. It has a 4-star rating on Trustpilot from about 180 reviews, and that is the only review site with a real page about it. Beyond that there are scattered Reddit mentions and a few YouTube payout videos. Treat the picture as early.",
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              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "What traders like",
                "type": "text"
              }
            ],
            "type": "heading"
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          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Simple rules.",
                        "type": "text"
                      },
                      {
                        "text": " Trustpilot reviewers and Reddit posters often mention that there are few rules beyond the daily and overall loss limits, with no consistency rule.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Payouts so far.",
                        "type": "text"
                      },
                      {
                        "text": " Several reviewers say their payouts came through on time, and the firm's leaderboard reassured some first-time buyers.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Helpful support.",
                        "type": "text"
                      },
                      {
                        "text": " Support gets regular praise for being friendly and responsive.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Holding positions.",
                        "type": "text"
                      },
                      {
                        "text": " Some like that swing trading and holding gold outside regular hours is allowed.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
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            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Common complaints",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Blocked accounts and denied payouts.",
                        "type": "text"
                      },
                      {
                        "text": " A few Trustpilot reviewers say their account was restricted at payout time over rules they say were never spelled out. One says they were asked to sign a waiver before the payout would be processed.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Passed but not funded.",
                        "type": "text"
                      },
                      {
                        "text": " At least one reviewer says they passed the challenge and did not receive a funded account.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Thin independent evidence.",
                        "type": "text"
                      },
                      {
                        "text": " Many of the Reddit mentions are short recommendations in general threads rather than detailed accounts, and one review roundup notes that some Reddit users have asked for more public payout proof.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "content": [
              {
                "text": "The firm replies to most negative Trustpilot reviews, usually saying restrictions follow its automated risk rules.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Recently",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "August 2026:",
                        "type": "text"
                      },
                      {
                        "text": " a Trustpilot reviewer disputes a blocked account and the waiver request, and the review count climbed to about 180 from around 120 in early July.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "August 2026:",
                        "type": "text"
                      },
                      {
                        "text": " a Reddit roundup calls FundingRock a credible mid-tier option while advising caution until there is more long-term payout data.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              }
            ],
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          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.trustpilot.com/review/fundingrock.com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the main review page.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.reddit.com/search/?q=fundingrock",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit search",
                        "type": "text"
                      },
                      {
                        "text": ": mentions in trader threads.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.youtube.com/results?search_query=fundingrock+review",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "YouTube search",
                        "type": "text"
                      },
                      {
                        "text": ": payout and challenge videos.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          }
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      "discount_label": "",
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      "sort_order": 208,
      "seo_title": "FundingRock review: 1-step, 2-step and instant rules",
      "seo_description": "FundingRock sells 1-step, 2-step and instant accounts from $40 on TradeLocker and cTrader, with 3 to 4% daily limits, an 80% split and Rise or crypto rewards.",
      "logo": "/logos/funding-rock.png",
      "updated_at": "2026-10-06T18:17:27.606104Z"
    },
    {
      "slug": "fund-your-fx",
      "name": "FundYourFX",
      "tagline": "CFD firm with no consistency rule, static drawdowns and a fee refund after two payouts.",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "FundYourFX is a CFD prop firm run by FYFX Capital Limited in Hong Kong, trading since 2021. You get forex, indices, gold, oil and crypto on MatchTrader. It suits traders who dislike consistency rules and trailing drawdowns, and who already use a stop loss on every trade.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
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            },
            "content": [
              {
                "text": "How the evaluation works",
                "type": "text"
              }
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          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
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                          }
                        ],
                        "text": "2-Step Classic:",
                        "type": "text"
                      },
                      {
                        "text": " 8% then 5%, with at least three trading days per phase. Daily loss is 4% of the end-of-day balance and the overall limit is 8% static.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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                "content": [
                  {
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                        "text": "1-Step Classic:",
                        "type": "text"
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                      {
                        "text": " 10% in one phase with a five-day minimum. Daily loss is 4% and the overall limit is 6% static.",
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                      }
                    ],
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                ],
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                        "text": "Instant Funding Classic:",
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                      },
                      {
                        "text": " no evaluation. You trade under 4% daily and 6% static limits and need $150 profit and six trading days before the first payout.",
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                      }
                    ],
                    "type": "paragraph"
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                ],
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            "content": [
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                "text": "Pro versions and a Pay After You Pass option also exist. None has a time limit.",
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              "level": 2
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                "text": "Rules worth knowing",
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                "content": [
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                    "content": [
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                        "text": "Every trade needs a stop loss within three minutes of opening.",
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                        "text": "Trades must stay open for at least 60 seconds.",
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              {
                "content": [
                  {
                    "content": [
                      {
                        "text": "More than two trades on the same instrument in the same direction is a hard breach.",
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                "content": [
                  {
                    "content": [
                      {
                        "text": "You can't place or modify trades in the five minutes around high-impact news.",
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                "content": [
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                    "content": [
                      {
                        "text": "Hedging, copy trading, grid, martingale and arbitrage are banned. Other EAs are fine.",
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              {
                "content": [
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                    "content": [
                      {
                        "text": "Weekend and overnight holding are allowed.",
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            "content": [
              {
                "text": "Getting paid",
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          {
            "content": [
              {
                "text": "Evaluation accounts start at an 80% split, rising to 90% and then 95% after each run of three payouts. Instant accounts start at 50% and climb in steps to 95%. The 1-Step and Instant pay weekly and the 2-Step every two weeks, with a $150 minimum. The firm aims to process requests within 24 hours. Payouts go by bank transfer or crypto, and your fee comes back after two payouts.",
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        "60-second minimum hold and a two-trade stacking limit",
        "Instant accounts start at a 50% split",
        "MatchTrader is the only platform today"
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          "source": "reddit",
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                "text": "FundYourFX's reviews are split, and the scores are hard to take at face value. The current Trustpilot profile (fundyourfx.io) has about 216 reviews, half of them one star, and Trustpilot shows a notice that the company displays Trustpilot content in a misleading way. The older fundyourfx.com profile held 4 stars across about 958 reviews. Trustindex shows 4.7 from roughly 4,000 reviews, and Forex Peace Army has a page where several glowing reviews were zeroed after being traced to the firm's own representative.",
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                "text": "What traders like",
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                        "text": "Simple setup and rules.",
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                      {
                        "text": " Many positive reviews on Trustindex, Myfxbook and Prop Firm Match mention easy onboarding, a clear dashboard and no consistency rule.",
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                      {
                        "text": " A good number of reviewers say they were paid on time, and one Trustpilot reviewer changed a negative review after receiving a payout.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Cheap entry and instant funding.",
                        "type": "text"
                      },
                      {
                        "text": " Low starting fees and the instant funding accounts get regular praise.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
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            "content": [
              {
                "text": "Common complaints",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Payouts that never came.",
                        "type": "text"
                      },
                      {
                        "text": " Several Trustpilot reviewers say withdrawals were blocked or never processed. One says they won a UK County Court Judgment against the firm that remains unpaid.",
                        "type": "text"
                      }
                    ],
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                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Breaches over technicalities.",
                        "type": "text"
                      },
                      {
                        "text": " A Forex Peace Army reviewer says a copier error turned one trade into six, and the account was breached for stacking even though support agreed it was an automation fault.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
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                        "text": "Slow or email-only support.",
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                      {
                        "text": " Some say support is hard to reach and they wait days for replies.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
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                        "text": "Doubts about review quality.",
                        "type": "text"
                      },
                      {
                        "text": " Forex Peace Army flagged several positive reviews as coming from the firm's own IP address, and independent reviewers have raised concerns about fake reviews.",
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                      }
                    ],
                    "type": "paragraph"
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                ],
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            ],
            "type": "bulletList"
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            "attrs": {
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            "content": [
              {
                "text": "Recently",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "July 2026:",
                        "type": "text"
                      },
                      {
                        "text": " MyPropGenius reports the unpaid court judgment, a virtual London office and evidence of fake reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "August 2026:",
                        "type": "text"
                      },
                      {
                        "text": " Traders Union scored the firm 3.07 out of 10 and advised traders to consider other firms. Positive Trustindex reviews kept arriving through the month.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
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                        "text": "September 2026:",
                        "type": "text"
                      },
                      {
                        "text": " FundedTrading notes the firm shows three different Trustpilot figures across its own pages.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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            ],
            "type": "bulletList"
          },
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            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                            "attrs": {
                              "class": null,
                              "href": "https://www.trustpilot.com/review/fundyourfx.io",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot (fundyourfx.io)",
                        "type": "text"
                      },
                      {
                        "text": ": the current profile, with the misleading content notice.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                            "attrs": {
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot (fundyourfx.com)",
                        "type": "text"
                      },
                      {
                        "text": ": the older profile.",
                        "type": "text"
                      }
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              {
                "content": [
                  {
                    "content": [
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                        "marks": [
                          {
                            "attrs": {
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                              "href": "https://www.forexpeacearmy.com/forex-reviews/20113/fundyourfx-review",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": trader write-ups and flagged reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                              "href": "https://www.myfxbook.com/reviews/prop-trading-firms/fundyourfx/3338743,1",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Myfxbook",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                              "href": "https://propfirmmatch.com/unlisted-prop-firms/fundyourfx",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Prop Firm Match",
                        "type": "text"
                      },
                      {
                        "text": ": unlisted firm page with community reports.",
                        "type": "text"
                      }
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              {
                "content": [
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                        "marks": [
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                            "attrs": {
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustindex",
                        "type": "text"
                      },
                      {
                        "text": ": aggregated reviews.",
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                      }
                    ],
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              {
                "content": [
                  {
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
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                            "type": "link"
                          }
                        ],
                        "text": "Reddit thread",
                        "type": "text"
                      },
                      {
                        "text": ": trader discussion.",
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              {
                "content": [
                  {
                    "content": [
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                        "text": "YouTube",
                        "type": "text"
                      },
                      {
                        "text": ": a 2026 program review.",
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      "seo_title": "FundYourFX: 1-step, 2-step and instant funding rules",
      "seo_description": "FundYourFX runs 1-step, 2-step and instant accounts from $41 on MatchTrader, with static drawdowns, no consistency rule, an 80 to 95% split and 24-hour payouts.",
      "logo": "/logos/fund-your-fx.png",
      "updated_at": "2026-10-06T18:17:27.606104Z"
    },
    {
      "slug": "wemaster-trade",
      "name": "WeMasterTrade",
      "tagline": "Cheap two-step challenge that pays 30% in phase two, plus instant funded accounts.",
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          {
            "content": [
              {
                "text": "WeMasterTrade is a forex and CFD prop firm registered in Saint Lucia, with stocks, indices, commodities and crypto on MetaTrader 5 and Match-Trader. It sells a low-cost two-step challenge and a range of instant funded accounts. It suits traders who want a cheap way in and are comfortable with strict per-trade risk rules once funded.",
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            "content": [
              {
                "text": "How the evaluation works",
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                        "text": "Challenge Package:",
                        "type": "text"
                      },
                      {
                        "text": " $10K to $100K. Phase 1 needs 8% and phase 2 needs 6%. Both phases have a 5% daily loss and a 10% overall loss, measured on equity against a fixed floor. You already earn a 30% share of profit made in phase 2.",
                        "type": "text"
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                        "text": "51010 Instant:",
                        "type": "text"
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                      {
                        "text": " $5K to $200K with no evaluation. The limits are 5% daily and 10% overall, and you need 10% profit before you can withdraw.",
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            "content": [
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                "text": "Rules worth knowing",
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                    "content": [
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                        "text": "The daily loss limit uses whichever is higher at the start of the day, your balance or your equity.",
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                    "content": [
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                        "text": "On instant accounts each trade idea (same symbol, same direction) must risk under 2% of the starting balance. On challenge funded accounts the limit is 1%, and breaking it closes the account for good.",
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                    "content": [
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                        "text": "Phase 2 and some instant accounts carry a 20% profit consistency rule: your best day can't be more than 20% of total profit.",
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              {
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                    "content": [
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                        "text": "News trading is allowed, and weekend holding is open on forex, stock and crypto accounts.",
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            "content": [
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                "text": "Getting paid",
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          {
            "content": [
              {
                "text": "Funded challenge accounts pay up to 90%, and you can request a payout every seven days. The challenge fee comes back once you've made 6% profit. The firm says requests are processed within 24 hours after verification, which can include an interview. Payouts go by bank transfer or stablecoins such as USDC.",
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      "markets": [
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        "matchtrader"
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        "bank",
        "crypto"
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        "IL",
        "IR",
        "KP",
        "RU",
        "VN"
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        "News trading and weekend holding allowed"
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        "2% risk cap per trade idea on instant accounts and 1% on challenge funded accounts",
        "20% profit consistency rule on several accounts",
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                "text": "WeMasterTrade's reviews split sharply by site. Review sites have quoted a Trustpilot score of 4.5 to 4.7 from about 2,000 reviews, but we could not confirm a current figure from Trustpilot itself: its page notes that fake reviews were removed, and the firm announced in November 2025 that it had ended its relationship with Trustpilot. Myfxbook reviews are almost all positive. Forex Peace Army and Reddit carry a steady run of payout disputes.",
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                        "text": " Many reviewers like the low entry price and being able to trade funded without a challenge.",
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              {
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                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Payouts that arrive.",
                        "type": "text"
                      },
                      {
                        "text": " Several Myfxbook and Trustpilot reviewers report multiple payouts, some within hours.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Clear rules and helpful support.",
                        "type": "text"
                      },
                      {
                        "text": " Positive reviews often mention easy rules, stable MT5 execution and responsive staff.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Common complaints",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Consistency rules at payout time.",
                        "type": "text"
                      },
                      {
                        "text": " The most common complaint on Forex Peace Army and Reddit: traders say evaluations or payouts were rejected under profit or risk consistency rules they saw as hidden, even after hitting targets without breaching loss limits.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Payouts denied or never sent.",
                        "type": "text"
                      },
                      {
                        "text": " Some say approved withdrawals went unpaid, or a payout was refused without a specific explanation, and that tickets went unanswered.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Trades closed by the firm.",
                        "type": "text"
                      },
                      {
                        "text": " One recent reviewer says staff closed open trades before a payout request, then cited a rule breach.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Doubts about the review record.",
                        "type": "text"
                      },
                      {
                        "text": " A Reddit poster says negative Trustpilot reviews were removed. A Reddit scam thread notes the firm was not listed at its stated addresses, and one review site found the profit-sharing contract names a Saint Lucia company rather than the Vancouver firm.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Recently",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "August to September 2026:",
                        "type": "text"
                      },
                      {
                        "text": " new Forex Peace Army reviews and threads describe rejected evaluations under the consistency rule, a denied $5,000 payout and trades closed by the firm.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "September 2026:",
                        "type": "text"
                      },
                      {
                        "text": " the firm says payouts are now processed within 24 hours once checks, including a verification interview, are complete. A review site published its finding about the Saint Lucia contract.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.trustpilot.com/review/wemastertrade.com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": merged review page, with a fake-review notice.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.forexpeacearmy.com/forex-reviews/22507/wemastertrade-review",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews, mostly payout disputes.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.myfxbook.com/reviews/prop-trading-firms/wemastertrade/3224480,1",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Myfxbook",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews, mostly positive.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                              "href": "https://www.reddit.com/r/Trading/comments/1os7670/wemastertrade_fails_to_honor_payments_to_approved/",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit",
                        "type": "text"
                      },
                      {
                        "text": ": a November 2025 thread on an unpaid approved withdrawal.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.youtube.com/watch?v=NLydKGJ032s",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "YouTube",
                        "type": "text"
                      },
                      {
                        "text": ": a 2026 review video.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                              "href": "https://theindustryspread.com/wemastertrade-review-saint-lucia-contract-vancouver-brand/",
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "The Industry Spread",
                        "type": "text"
                      },
                      {
                        "text": ": review covering the contracting entity and consistency rules.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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            ],
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      "sort_order": 210,
      "seo_title": "WeMasterTrade: challenge prices, instant accounts and rules",
      "seo_description": "WeMasterTrade offers a two-step challenge from $62 and instant funded accounts from $5K on MT5 and Match-Trader, with a 90% split and payouts every 7 days.",
      "logo": "/logos/wemaster-trade.png",
      "updated_at": "2026-10-06T18:17:27.606104Z"
    },
    {
      "slug": "hantec-trader",
      "name": "Hantec Trader",
      "tagline": "Broker-backed forex evaluations in one, two or three steps, from $29.",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "Hantec Trader is the prop trading arm of the Hantec group, run from Mauritius and backed by Hantec Markets. It sells forex evaluations on MetaTrader 5 that also cover gold, silver, indices, commodities and crypto. It suits traders who want a cheap entry and no deadline.",
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              "level": 2
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            "content": [
              {
                "text": "How the evaluation works",
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                        "text": "Express (1 step):",
                        "type": "text"
                      },
                      {
                        "text": " a 10% target, a 5% daily loss limit and a 6% overall loss. The overall limit trails your closed balance until you're 6% up, then locks at the starting balance. No minimum days.",
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                        "text": "Enhanced (2 step):",
                        "type": "text"
                      },
                      {
                        "text": " 10% then 5%, with a 5% daily and 10% overall loss on a static floor. You need three profitable days of at least 0.5% in each step.",
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                        "text": "EnhancedX (2 step):",
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                      },
                      {
                        "text": " 8% then 4%, with a 4% daily and 8% static overall loss and a 35% consistency cap on your best day.",
                        "type": "text"
                      }
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                ],
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                        "text": "Endurance (3 step):",
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                      },
                      {
                        "text": " 6% in each of three stages, a 4% daily and 8% static overall loss, and at least three trading days per stage.",
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              "level": 2
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            "content": [
              {
                "text": "Rules worth knowing",
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            "content": [
              {
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                  {
                    "content": [
                      {
                        "text": "None of the challenges has a time limit.",
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              {
                "content": [
                  {
                    "content": [
                      {
                        "text": "News is open during challenges. On funded accounts you can't open or close trades within three minutes of a red-folder event.",
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                    "content": [
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                        "text": "Weekend holding is allowed.",
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                "content": [
                  {
                    "content": [
                      {
                        "text": "Leverage depends on the asset: 1:50 on forex, 1:10 on bullion, 1:15 on indices and commodities, 1:1 on crypto.",
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                    "content": [
                      {
                        "text": "Copying is allowed only between your own accounts, up to $400K combined.",
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "text": "The US, Australia, Germany and about 30 other countries are excluded.",
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            "content": [
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                "text": "Getting paid",
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          {
            "content": [
              {
                "text": "The base split is 80%, and an add-on lifts it to 95%. Your first reward comes 14 days after your first funded trade, then every 14 days, or weekly with another add-on. The minimum request is $20. Requests not approved within 24 business hours are doubled, up to $1,000. Methods include bank wire, crypto and PayPal.",
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      "website_url": "https://htrader.hmarkets.com",
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      "headquarters": "Ebene, Mauritius",
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        "paypal"
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        "AU",
        "BE",
        "CD",
        "CG",
        "CZ",
        "DE",
        "EG",
        "HT",
        "IL",
        "IR",
        "JO",
        "KP",
        "LA",
        "LY",
        "MM",
        "MY",
        "PK",
        "PR",
        "QA",
        "RO",
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        "RU",
        "SO",
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        "TH",
        "TW",
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        "YE"
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        "No time limits on any challenge",
        "Three-step Endurance starts at $29",
        "Weekend holding allowed on challenges and funded accounts"
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        "Base split is 80%; 95% costs an add-on",
        "Express has a tight 6% overall loss that trails balance",
        "News blackout around red-folder events on funded accounts",
        "Not open to US, Australian or German residents"
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          "steps": 1,
          "account_size": 2000,
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          "daily_loss_pct": 5,
          "max_loss_pct": 6,
          "drawdown_type": "trailing",
          "profit_split_pct": 80,
          "payout_frequency": "14 days (7 days with add-on)",
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          "leverage": "1:50",
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          "id": "express-50k",
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          "leverage": "1:50",
          "refundable_fee": false
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          "id": "express-100k",
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          "account_size": 100000,
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          "currency": "USD",
          "profit_targets": [
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          ],
          "daily_loss_pct": 5,
          "max_loss_pct": 6,
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          "payout_frequency": "14 days (7 days with add-on)",
          "first_payout_days": 14,
          "min_trading_days": null,
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          "leverage": "1:50",
          "refundable_fee": false
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        {
          "id": "express-200k",
          "name": "Express",
          "steps": 1,
          "account_size": 200000,
          "price": 999,
          "currency": "USD",
          "profit_targets": [
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          ],
          "daily_loss_pct": 5,
          "max_loss_pct": 6,
          "drawdown_type": "trailing",
          "profit_split_pct": 80,
          "payout_frequency": "14 days (7 days with add-on)",
          "first_payout_days": 14,
          "min_trading_days": null,
          "time_limit_days": null,
          "leverage": "1:50",
          "refundable_fee": false
        },
        {
          "id": "enhanced-5k",
          "name": "Enhanced",
          "steps": 2,
          "account_size": 5000,
          "price": 59,
          "currency": "USD",
          "profit_targets": [
            10,
            5
          ],
          "daily_loss_pct": 5,
          "max_loss_pct": 10,
          "drawdown_type": "static",
          "profit_split_pct": 80,
          "payout_frequency": "14 days (7 days with add-on)",
          "first_payout_days": 14,
          "min_trading_days": 3,
          "time_limit_days": null,
          "leverage": "1:50",
          "refundable_fee": false
        },
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          "id": "enhanced-100k",
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            5
          ],
          "daily_loss_pct": 5,
          "max_loss_pct": 10,
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          "profit_split_pct": 80,
          "payout_frequency": "14 days (7 days with add-on)",
          "first_payout_days": 14,
          "min_trading_days": 3,
          "time_limit_days": null,
          "leverage": "1:50",
          "refundable_fee": false
        },
        {
          "id": "enhancedx-100k",
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          "profit_targets": [
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            4
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          "daily_loss_pct": 4,
          "max_loss_pct": 8,
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          "profit_split_pct": 80,
          "payout_frequency": "14 days (7 days with add-on)",
          "first_payout_days": 14,
          "min_trading_days": null,
          "time_limit_days": null,
          "leverage": "1:50",
          "refundable_fee": false
        },
        {
          "id": "endurance-100k",
          "name": "Endurance",
          "steps": 3,
          "account_size": 100000,
          "price": 299,
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          "profit_targets": [
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            6,
            6
          ],
          "daily_loss_pct": 4,
          "max_loss_pct": 8,
          "drawdown_type": "static",
          "profit_split_pct": 80,
          "payout_frequency": "14 days (7 days with add-on)",
          "first_payout_days": 14,
          "min_trading_days": 3,
          "time_limit_days": null,
          "leverage": "1:50",
          "refundable_fee": false
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        {
          "source": "propfirmmatch",
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          "count": 52,
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          "checked_on": "2026-10-06"
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        {
          "source": "forexpeacearmy",
          "label": "Forex Peace Army (Hantec Markets)",
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          "count": null,
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          "source": "reddit",
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              {
                "text": "Hantec Trader, the prop arm of broker Hantec Markets, scores 4.3 on Trustpilot from about 800 reviews and 4.0 on Prop Firm Match from about 50. Most reviewers are happy with payout speed and support. A smaller but steady group say payouts were refused on Instant Funding accounts or that funded accounts were closed over rules they did not expect. Independent discussion outside the review sites is thin, which some Reddit posters see as a reason for caution.",
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              {
                "text": "What traders like",
                "type": "text"
              }
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            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
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                        "text": "Quick payouts.",
                        "type": "text"
                      },
                      {
                        "text": " Many Trustpilot and Prop Firm Match reviewers say withdrawals were processed within a day or two, and some say they were paid soon after passing.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Helpful support.",
                        "type": "text"
                      },
                      {
                        "text": " Support staff on Discord and chat get frequent praise by name.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Broker backing.",
                        "type": "text"
                      },
                      {
                        "text": " Several reviewers and review sites like that the firm sits inside an established, regulated broker group.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Conditions.",
                        "type": "text"
                      },
                      {
                        "text": " Some traders mention tight spreads and say the rules became easier after the firm relaxed its margin rule and added a version of its account with a static loss limit.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Common complaints",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Refused payouts on Instant24.",
                        "type": "text"
                      },
                      {
                        "text": " Several reviewers say payouts on the instant account were denied for overleveraging or scalping, based on a few trades out of many.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Late breach findings.",
                        "type": "text"
                      },
                      {
                        "text": " Some traders say a breach from an early phase was only flagged after they had passed the whole challenge, and they received a refund instead of a funded account.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Closures over copy trading.",
                        "type": "text"
                      },
                      {
                        "text": " A few Forex Peace Army posts describe large funded accounts closed because a relative traded with the firm too, and second payouts being delayed.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Little track record.",
                        "type": "text"
                      },
                      {
                        "text": " Reddit posters note there is not much independent discussion yet.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Recently",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "August 2026:",
                        "type": "text"
                      },
                      {
                        "text": " a review aggregator put sentiment across X, Reddit and Trustpilot at a middling three out of five, mostly because of thin data.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "August to September 2026:",
                        "type": "text"
                      },
                      {
                        "text": " new Prop Firm Match, Trustpilot and Forex Peace Army reviews include disputes over denied Instant24 payouts and copy-trading bans, alongside steady positive reviews about payout speed.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.trustpilot.com/review/htrader.hmarkets.com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the firm's main review page.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://propfirmmatch.com/prop-firms/hantec-trader/reviews",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Prop Firm Match",
                        "type": "text"
                      },
                      {
                        "text": ": verified-trader reviews on a prop firm comparison site.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.forexpeacearmy.com/forex-reviews/14920/hantec-markets-review",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": the Hantec Markets page, which also carries Hantec Trader complaints.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.reddit.com/r/PropfirmsForum/comments/1oks74o/is_hantec_trader_legit_reviews/",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit",
                        "type": "text"
                      },
                      {
                        "text": ": an r/PropfirmsForum thread asking whether the firm is legit.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          }
        ],
        "type": "doc"
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      "reviews_checked_on": "2026-10-06",
      "discount_code": "",
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      "sort_order": 214,
      "seo_title": "Hantec Trader: Express, Enhanced and Endurance rules",
      "seo_description": "Hantec Trader runs 1-, 2- and 3-step forex challenges from $29 on MT5, with an 80% split (95% with an add-on), no time limits and 14-day payouts.",
      "logo": "/logos/hantec-trader.png",
      "updated_at": "2026-10-06T18:17:27.606104Z"
    },
    {
      "slug": "axi-select",
      "name": "Axi Select",
      "tagline": "A free funding pathway from broker Axi that scales your own live account up to $1M.",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "Axi Select is the funded trader programme of Axi, a Sydney broker founded in 2007. It works differently from a normal prop firm. There's no challenge to buy. You trade your own live Axi account on MT4 or MT5, and Axi copies eligible trades onto an Allocation Account funded with its own money, sized as a multiple of your equity. It suits traders who already keep money with a broker and are happy to build a record slowly.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "How the evaluation works",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "Progress runs through six stages, and you need a minimum Edge Score (Axi's performance rating), equity, trade count and time in each one.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Seed:",
                        "type": "text"
                      },
                      {
                        "text": " $500 equity, up to $5,000 of funding, no profit share. At least 30 days and 20 trades.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Incubation:",
                        "type": "text"
                      },
                      {
                        "text": " $1,000 equity, up to $20,000, 40% share. At least 60 days and 40 trades.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
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                        "text": "Acceleration:",
                        "type": "text"
                      },
                      {
                        "text": " $2,000 equity, up to $100,000, 50% share.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Pro and Pro 500:",
                        "type": "text"
                      },
                      {
                        "text": " $5,000 and $10,000 equity, up to $200,000 and $500,000, with 60% and 70% shares.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
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                        "text": "Pro M:",
                        "type": "text"
                      },
                      {
                        "text": " $20,000 equity, up to $1,000,000 and an 80% share.",
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                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              }
            ],
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          },
          {
            "content": [
              {
                "text": "Each stage up to Pro 500 asks for a 7% gain on the Allocation Account. The maximum loss is 10% throughout.",
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              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Rules worth knowing",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "text": "Leverage on the programme is fixed at 1:100.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "text": "Only some instruments are copied: all forex and indices, US and UK oil, gold, silver, Bitcoin, Ether, seven big US shares and index futures. Anything else trades on your own money and doesn't count toward progress.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Getting paid",
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            ],
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          },
          {
            "content": [
              {
                "text": "Your share is worked out at month end and paid into your Axi account on the first day of the next month, as long as the Allocation Account is above its starting funding and has no open positions. From there you withdraw through Axi's usual methods.",
                "type": "text"
              }
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      "website_url": "https://www.axi.com/int/funded-trader-program",
      "founded_year": 2007,
      "headquarters": "Sydney, Australia",
      "brand_color": "#f4f4f4",
      "markets": [
        "forex",
        "indices",
        "commodities",
        "crypto",
        "stocks"
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        "mt4",
        "mt5"
      ],
      "payout_methods": [],
      "restricted_countries": [],
      "rules": {},
      "pros": [
        "No evaluation fee or membership fee",
        "Run by a regulated broker in business since 2007",
        "Funding reaches $1M at the top stage",
        "Profit share paid automatically each month"
      ],
      "cons": [
        "You trade your own live money to qualify",
        "No profit share at the Seed stage",
        "Split starts at 40% and only reaches 80% at Pro M",
        "Minimum 30 to 60 days and a trade count per stage"
      ],
      "challenges": [],
      "trustpilot_rating": 4.1,
      "trustpilot_reviews": 7812,
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        {
          "source": "trustpilot",
          "label": "Trustpilot (Axi, whole broker)",
          "rating": 4.1,
          "scale": 5,
          "count": 7812,
          "url": "https://www.trustpilot.com/review/axi.com",
          "checked_on": "2026-10-06"
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        {
          "source": "propfirmmatch",
          "rating": 1,
          "scale": 5,
          "count": 1,
          "url": "https://propfirmmatch.com/prop-firms/axi-select",
          "checked_on": "2026-10-06"
        },
        {
          "source": "other",
          "label": "TheTrustedProp",
          "rating": 4.8,
          "scale": 5,
          "count": 91,
          "url": "https://thetrustedprop.com/prop-firms/axi-select",
          "checked_on": "2026-10-06"
        },
        {
          "source": "forexpeacearmy",
          "label": "Forex Peace Army (Axi, whole broker)",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.forexpeacearmy.com/forex-reviews/7534/axi-review",
          "checked_on": "2026-10-06"
        },
        {
          "source": "myfxbook",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.myfxbook.com/reviews/prop-trading-firms/axi/3303921,1",
          "checked_on": "2026-10-06"
        },
        {
          "source": "sitejabber",
          "label": "Sitejabber (Axi, whole broker)",
          "rating": null,
          "scale": null,
          "count": 7,
          "url": "https://www.sitejabber.com/reviews/axi.com",
          "checked_on": "2026-10-06"
        },
        {
          "source": "reddit",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.reddit.com/search/?q=axi%20select",
          "checked_on": "2026-10-06"
        }
      ],
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        "content": [
          {
            "content": [
              {
                "text": "Axi Select has no review page of its own on the big sites. It is a funding program run inside Axi, a regulated broker, so most feedback sits on Axi's broker-wide pages: 4.1 on Trustpilot from about 7,800 reviews, most of them about the broker in general. Program-specific scores are small and split: 4.8 from 91 reviews on TheTrustedProp, and 1 from a single review on Prop Firm Match. Treat the headline Trustpilot number as a score for the broker, not the program.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "What traders like",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "No challenge fee.",
                        "type": "text"
                      },
                      {
                        "text": " Reviewers and Reddit posters like that you trade your own deposit on a live account and earn allocated capital, instead of paying for an evaluation.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "A regulated broker behind it.",
                        "type": "text"
                      },
                      {
                        "text": " Several traders say the Axi name and its licences are why they picked the program over standalone prop firms.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
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                        "text": "Payouts and withdrawals.",
                        "type": "text"
                      },
                      {
                        "text": " Program reviewers on Myfxbook and TheTrustedProp report receiving payouts without trouble, and broker reviews often mention quick deposits and withdrawals.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Execution and spreads.",
                        "type": "text"
                      },
                      {
                        "text": " Traders regularly praise clean execution and competitive spreads.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Common complaints",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Disputed rule enforcement.",
                        "type": "text"
                      },
                      {
                        "text": " A trader on Forex Peace Army says profits were withheld over a scalping rule they believe did not apply to their trading; Axi replied that accounts are reviewed against the program's style rules.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
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                        "text": "Slow progression.",
                        "type": "text"
                      },
                      {
                        "text": " Some reviewers say the stages take patience, with a minimum trading period per stage and no profit share at the first stage.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Confusing setup and support.",
                        "type": "text"
                      },
                      {
                        "text": " A few newer users say the link between their regular and Select accounts was unclear, and some describe support chats that ended before their issue was solved.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Regional changes.",
                        "type": "text"
                      },
                      {
                        "text": " One reviewer says the program was withdrawn in their region and their account converted to a regular one.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              }
            ],
            "type": "bulletList"
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            "attrs": {
              "level": 2
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            "content": [
              {
                "text": "Recently",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "August to September 2026:",
                        "type": "text"
                      },
                      {
                        "text": " Trustpilot replies from Axi address Axi Select support complaints, alongside deposit-method gripes on the broker page. No change in the overall score.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                            },
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                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": Axi's broker-wide page, which includes Axi Select reviews.",
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                        ],
                        "text": "Prop Firm Match",
                        "type": "text"
                      },
                      {
                        "text": ": program page, one review so far.",
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                      }
                    ],
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                "content": [
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                            },
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                        ],
                        "text": "TheTrustedProp",
                        "type": "text"
                      },
                      {
                        "text": ": program reviews.",
                        "type": "text"
                      }
                    ],
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                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": broker reviews, including an Axi Select dispute.",
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                    ],
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                "content": [
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                        ],
                        "text": "Myfxbook",
                        "type": "text"
                      },
                      {
                        "text": ": program reviews.",
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                      }
                    ],
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                ],
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              {
                "content": [
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                        ],
                        "text": "Sitejabber",
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                      {
                        "text": ": a handful of broker reviews.",
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              {
                "content": [
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                            },
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                        ],
                        "text": "Reddit search",
                        "type": "text"
                      },
                      {
                        "text": ": trader threads on the program.",
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      "seo_title": "Axi Select: free funded stages, profit share and rules",
      "seo_description": "Axi Select is a free programme that copies your live Axi trades onto up to $1M of company capital, with a 40% to 80% profit share and a 10% max loss.",
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    {
      "slug": "pipstone-capital",
      "name": "Pipstone Capital",
      "tagline": "Saint Lucia firm with a 12% static drawdown on its 2-Step and news trading allowed.",
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          {
            "content": [
              {
                "text": "Pipstone Capital is a forex and CFD prop firm incorporated in Saint Lucia, with an office in Limassol, Cyprus. It runs one- and two-step challenges plus instant accounts on forex, indices, metals and crypto, traded on MT5, cTrader or Match-Trader. It suits news and swing traders, since both are allowed on every model.",
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            "attrs": {
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            "content": [
              {
                "text": "How the evaluation works",
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                        "text": "2-Step Challenge:",
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                      {
                        "text": " 8% then 5%, with a 5% daily loss and a 12% static drawdown fixed to the starting balance. Leverage is up to 1:100. From $49 for $5K.",
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                        "text": " a 10% target, a 4% daily loss and a 10% static drawdown, at 1:50. From $59 for $5K.",
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                        "text": " no evaluation. A 3% daily loss and a 5% drawdown, both trailing your equity as it grows. From $49 for $2,500.",
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                "text": "Both challenges need at least 3 trading days per phase, and there's no time limit.",
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                "text": "Rules worth knowing",
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                "text": "News trading, overnight and weekend holding are all allowed, with no swap charged. The rule that catches people is floating risk: on funded 1-Step and 2-Step accounts, a single trade can't sit more than 1.5% of the account in open loss, and on Instant the limit is 1%. Copy trading is fine between accounts you own, but matching another person's trades gets the accounts reviewed and possibly closed.",
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                "text": "Getting paid",
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                "text": "The standard split is 80%, and an add-on bundle raises it to 100% and adds weekly payouts. Without it, the first payout comes 14 days after your first funded trade and then every two weeks. Instant accounts pay on demand once you've logged enough profitable days. The 2-Step fee comes back with your first payout, while the 1-Step and Instant fees don't. Payouts go by bank transfer or crypto.",
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                "text": "Pipstone Capital is a young forex prop firm, launched in 2025, with a poor review record: 2.0 on Trustpilot from about 500 reviews. Nearly all of those reviews arrived in the past year, and the low ones are dominated by payout complaints. Trustpilot shows the firm replies to only a small share of negative reviews. Outside Trustpilot, the coverage is mostly YouTube videos from affiliates, so there is little independent trader feedback to weigh against it.",
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                "text": "What traders like",
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                        "text": " A number of Trustpilot reviewers say payouts and execution were quick, with crypto withdrawals arriving within hours.",
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                        "text": "Rules on paper.",
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                        "text": " Some like the static drawdown, the lack of a consistency rule and the absence of time limits.",
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                        "text": "Platform choice.",
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                        "text": " A few mention cTrader, MT5 and Match-Trader as a plus.",
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                        "text": "Slow or partial payouts.",
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                      {
                        "text": " Several reviewers say payouts advertised in hours took two to five weeks, and some say they received far less than they expected after deductions.",
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                        "text": "Unclear deductions.",
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                        "text": " Many low reviews say profits were cut under rules they couldn't find, most often a rule on trades closed within 60 seconds and a rule on stacking positions.",
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                        "text": "Marketing versus terms.",
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                        "text": " Review sites note that the split and fee refund on the homepage differ from the default terms, and some reviewers say the same.",
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                "text": "Recently",
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                        "text": "September to October 2026:",
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                        "text": " new reviews describe payouts pending for three weeks, accounts breached at payout time, and one trader who says most of the profit on a payout was removed while a larger withdrawal stayed frozen.",
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                "text": "Where this comes from",
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                        "text": "Trustpilot",
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                        "text": ": the firm's main review page.",
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                        "text": "YouTube search",
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                      },
                      {
                        "text": ": challenge walkthroughs, mostly from affiliates with discount codes.",
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      "seo_title": "Pipstone Capital: 1-Step, 2-Step and Instant rules",
      "seo_description": "Pipstone Capital sells 2-Step challenges from $49 with 8% and 5% targets and a 12% static drawdown, plus 1-Step and Instant accounts on MT5 and cTrader.",
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      "slug": "everfunded",
      "name": "EverFunded",
      "tagline": "A 2026 forex firm with 1-step, 2-step, a $7.77 pay-on-pass Flash and instant accounts.",
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        "content": [
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            "content": [
              {
                "text": "EverFunded is a new firm, launched in 2026 and registered in Saint Lucia. It sells four forex and CFD programs on MT5 and Match-Trader, covering forex, gold, indices, oil and crypto. It suits traders who want static drawdown and no deadlines, and who are comfortable with a firm that has little history yet.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
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            },
            "content": [
              {
                "text": "How the evaluation works",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                        ],
                        "text": "2-Step:",
                        "type": "text"
                      },
                      {
                        "text": " 8% then 5%, with a 5% daily and 10% overall loss limit on a static floor. Three trading days per phase.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
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                        ],
                        "text": "1-Step:",
                        "type": "text"
                      },
                      {
                        "text": " one 10% target, 3% daily and 6% overall, both static. Three trading days minimum.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
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                        ],
                        "text": "Flash 7.77:",
                        "type": "text"
                      },
                      {
                        "text": " $7.77 to start on any size, with the balance charged only if you pass. A 5% target, 3% daily and a static 5% limit. Once funded it trails by 5% and locks after a 5% gain.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Instant:",
                        "type": "text"
                      },
                      {
                        "text": " no evaluation. 3% daily and a 6% drawdown that trails until you're 6% up. Each payout needs 4% profit.",
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                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Rules worth knowing",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "text": "No time limit on any challenge.",
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                      }
                    ],
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                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "text": "Funded accounts are closed automatically at the Friday market close. Crypto isn't affected.",
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                    ],
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                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "text": "Once funded, profit from trades opened or closed within three minutes of high-impact news doesn't count toward a payout.",
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                      }
                    ],
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                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "text": "Payouts need your best day to be under 35% of profit on 1-Step and 2-Step, 20% on Flash and 25% on Instant.",
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                      }
                    ],
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                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "text": "Flash allows one active account per person, with no resets or add-ons.",
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                      }
                    ],
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                  }
                ],
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              }
            ],
            "type": "bulletList"
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          {
            "attrs": {
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            "content": [
              {
                "text": "Getting paid",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "1-Step and 2-Step pay 80%, with a 90% add-on. Flash pays a flat 80%. Instant pays 90%, or 100% with an add-on. Payouts come at least 14 days apart, or weekly with an add-on. The minimum is $100, and money goes out in USDT, USDC or through Rise.",
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              }
            ],
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          }
        ],
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      },
      "website_url": "https://everfunded.com",
      "founded_year": 2026,
      "headquarters": "Gros Islet, Saint Lucia",
      "brand_color": "#09090b",
      "markets": [
        "forex",
        "indices",
        "commodities",
        "crypto"
      ],
      "platforms": [
        "mt5",
        "matchtrader"
      ],
      "payout_methods": [
        "crypto",
        "rise"
      ],
      "restricted_countries": [
        "AF",
        "BA",
        "BI",
        "BW",
        "BY",
        "CD",
        "CF",
        "CG",
        "CI",
        "CU",
        "DZ",
        "EH",
        "ER",
        "ET",
        "GN",
        "GW",
        "HT",
        "IQ",
        "IR",
        "KE",
        "KP",
        "LA",
        "LB",
        "LK",
        "LR",
        "LY",
        "ML",
        "MM",
        "MN",
        "NI",
        "PG",
        "PK",
        "PS",
        "RU",
        "SD",
        "SO",
        "SS",
        "SY",
        "TD",
        "TN",
        "TT",
        "VE",
        "VN",
        "VU",
        "YE",
        "ZW"
      ],
      "rules": {
        "news_trading": "restricted",
        "weekend_holding": "restricted"
      },
      "pros": [
        "No time limits on any evaluation",
        "Flash challenge costs $7.77 up front, the rest only if you pass",
        "Static drawdown on the 1-step and 2-step",
        "Rules and prices published in plain terms"
      ],
      "cons": [
        "Launched in 2026, so there is little track record",
        "Funded accounts are closed automatically at the Friday close",
        "Tight 3% daily loss on 1-step, Flash and Instant",
        "Long restricted-country list"
      ],
      "challenges": [
        {
          "id": "2-step-5k",
          "name": "2-Step",
          "steps": 2,
          "account_size": 5000,
          "price": 43.75,
          "currency": "USD",
          "profit_targets": [
            8,
            5
          ],
          "daily_loss_pct": 5,
          "max_loss_pct": 10,
          "drawdown_type": "static",
          "profit_split_pct": 80,
          "payout_frequency": "14 days",
          "first_payout_days": 14,
          "min_trading_days": 3,
          "time_limit_days": null,
          "leverage": "1:100",
          "refundable_fee": false
        },
        {
          "id": "2-step-100k",
          "name": "2-Step",
          "steps": 2,
          "account_size": 100000,
          "price": 562.5,
          "currency": "USD",
          "profit_targets": [
            8,
            5
          ],
          "daily_loss_pct": 5,
          "max_loss_pct": 10,
          "drawdown_type": "static",
          "profit_split_pct": 80,
          "payout_frequency": "14 days",
          "first_payout_days": 14,
          "min_trading_days": 3,
          "time_limit_days": null,
          "leverage": "1:100",
          "refundable_fee": false
        },
        {
          "id": "2-step-200k",
          "name": "2-Step",
          "steps": 2,
          "account_size": 200000,
          "price": 1250,
          "currency": "USD",
          "profit_targets": [
            8,
            5
          ],
          "daily_loss_pct": 5,
          "max_loss_pct": 10,
          "drawdown_type": "static",
          "profit_split_pct": 80,
          "payout_frequency": "14 days",
          "first_payout_days": 14,
          "min_trading_days": 3,
          "time_limit_days": null,
          "leverage": "1:100",
          "refundable_fee": false
        },
        {
          "id": "1-step-5k",
          "name": "1-Step",
          "steps": 1,
          "account_size": 5000,
          "price": 56.25,
          "currency": "USD",
          "profit_targets": [
            10
          ],
          "daily_loss_pct": 3,
          "max_loss_pct": 6,
          "drawdown_type": "static",
          "profit_split_pct": 80,
          "payout_frequency": "14 days",
          "first_payout_days": 14,
          "min_trading_days": 3,
          "time_limit_days": null,
          "leverage": "1:30",
          "refundable_fee": false
        },
        {
          "id": "1-step-100k",
          "name": "1-Step",
          "steps": 1,
          "account_size": 100000,
          "price": 548.75,
          "currency": "USD",
          "profit_targets": [
            10
          ],
          "daily_loss_pct": 3,
          "max_loss_pct": 6,
          "drawdown_type": "static",
          "profit_split_pct": 80,
          "payout_frequency": "14 days",
          "first_payout_days": 14,
          "min_trading_days": 3,
          "time_limit_days": null,
          "leverage": "1:30",
          "refundable_fee": false
        },
        {
          "id": "flash-100k",
          "name": "Flash 7.77",
          "steps": 1,
          "account_size": 100000,
          "price": 7.77,
          "currency": "USD",
          "profit_targets": [
            5
          ],
          "daily_loss_pct": 3,
          "max_loss_pct": 5,
          "drawdown_type": "static",
          "profit_split_pct": 80,
          "payout_frequency": "14 days",
          "first_payout_days": 14,
          "min_trading_days": 0,
          "time_limit_days": null,
          "leverage": "1:30",
          "refundable_fee": false
        },
        {
          "id": "instant-10k",
          "name": "Instant",
          "steps": 0,
          "account_size": 10000,
          "price": 219,
          "currency": "USD",
          "profit_targets": [],
          "daily_loss_pct": 3,
          "max_loss_pct": 6,
          "drawdown_type": "trailing",
          "profit_split_pct": 90,
          "payout_frequency": "14 days",
          "first_payout_days": 14,
          "min_trading_days": null,
          "time_limit_days": null,
          "leverage": "1:30",
          "refundable_fee": false
        },
        {
          "id": "instant-100k",
          "name": "Instant",
          "steps": 0,
          "account_size": 100000,
          "price": 1009,
          "currency": "USD",
          "profit_targets": [],
          "daily_loss_pct": 3,
          "max_loss_pct": 6,
          "drawdown_type": "trailing",
          "profit_split_pct": 90,
          "payout_frequency": "14 days",
          "first_payout_days": 14,
          "min_trading_days": null,
          "time_limit_days": null,
          "leverage": "1:30",
          "refundable_fee": false
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      "sort_order": 350,
      "seo_title": "EverFunded: Flash, 1-step, 2-step and instant rules",
      "seo_description": "EverFunded runs 2-Step, 1-Step, a $7.77 Flash challenge and Instant accounts on MT5 and Match-Trader, paying 80 to 90% every 14 days via crypto or Rise.",
      "logo": "/logos/everfunded.png",
      "updated_at": "2026-10-06T18:17:27.606104Z"
    },
    {
      "slug": "bullwaves-prime",
      "name": "Bullwaves Prime",
      "tagline": "The prop arm of broker Bullwaves, with 1-step and 2-step challenges on MT5.",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "Bullwaves Prime is the prop trading arm of Bullwaves, a CFD broker licensed in the Seychelles. It runs 1-step and 2-step challenges on MT5 only, covering forex, stocks, commodities and crypto. It suits traders who are happy to trade steadily over at least two weeks per phase and want a broker behind the firm.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "How the evaluation works",
                "type": "text"
              }
            ],
            "type": "heading"
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          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
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                        "text": "2 Step Challenge:",
                        "type": "text"
                      },
                      {
                        "text": " 8% then 5%, with a 5% daily and 10% overall loss limit. A trailing drawdown also follows your highest equity. Sizes run from 5K to 200K, starting at $59.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "1 Step Challenge:",
                        "type": "text"
                      },
                      {
                        "text": " a single 10% target, a 4% daily and 8% overall limit. Sizes run from 5K to 400K, starting at $89.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              }
            ],
            "type": "bulletList"
          },
          {
            "content": [
              {
                "text": "The daily limit is measured from the highest equity of the day.",
                "type": "text"
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            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Rules worth knowing",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "text": "Every phase needs at least 10 trading days, even if you hit the target sooner.",
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                    ],
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                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "text": "Funded accounts need 10 trading days and six profitable days of at least 0.5% before a payout.",
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                    ],
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                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "text": "You can't open or close trades within three minutes either side of a news release.",
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                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "text": "2-step accounts must be flat before the Friday close. The 1-step can hold over the weekend.",
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                    ],
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                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "text": "EAs and trade copiers are allowed in the challenge only.",
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                      }
                    ],
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                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "text": "30 days without trading ends the account.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "text": "Fees aren't refunded.",
                        "type": "text"
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                    ],
                    "type": "paragraph"
                  }
                ],
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            ],
            "type": "bulletList"
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          {
            "attrs": {
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            "content": [
              {
                "text": "Getting paid",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "The standard split is 80%, with a higher-share add-on available. Your first payout comes 15 days after your first trade, then every 15 days. Each cycle is capped at 6% of the starting balance. Payouts take two to five business days by USDT or bank wire, with a $30 fee on wires. The payouts page also shows Rise.",
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            ],
            "type": "paragraph"
          }
        ],
        "type": "doc"
      },
      "website_url": "https://www.prime.bullwaves.com",
      "founded_year": null,
      "headquarters": "Saint Vincent and the Grenadines",
      "brand_color": "#f4f4f4",
      "markets": [
        "forex",
        "commodities",
        "crypto",
        "stocks"
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      "platforms": [
        "mt5"
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      "payout_methods": [
        "bank",
        "crypto",
        "rise"
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        "AF",
        "BE",
        "BY",
        "CF",
        "CN",
        "CU",
        "KP",
        "LY",
        "NI",
        "PS",
        "US",
        "VE"
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      "rules": {
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        "eas": "restricted",
        "news_trading": "restricted",
        "weekend_holding": "restricted"
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        "Backed by the broker Bullwaves",
        "1-step accounts up to $400K",
        "No time limit on evaluations",
        "Weekend holding allowed on the 1-step"
      ],
      "cons": [
        "10 trading days minimum in every phase and before a payout",
        "Trailing drawdown on the 2-step",
        "EAs and copiers banned once funded",
        "MT5 is the only platform"
      ],
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          "name": "2 Step Challenge",
          "steps": 2,
          "account_size": 5000,
          "price": 59,
          "currency": "USD",
          "profit_targets": [
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            5
          ],
          "daily_loss_pct": 5,
          "max_loss_pct": 10,
          "drawdown_type": "trailing",
          "profit_split_pct": 80,
          "payout_frequency": "15 days",
          "first_payout_days": 15,
          "min_trading_days": 10,
          "time_limit_days": null,
          "leverage": "1:50",
          "refundable_fee": false
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        {
          "id": "2-step-50k",
          "name": "2 Step Challenge",
          "steps": 2,
          "account_size": 50000,
          "price": 299,
          "currency": "USD",
          "profit_targets": [
            8,
            5
          ],
          "daily_loss_pct": 5,
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          "drawdown_type": "trailing",
          "profit_split_pct": 80,
          "payout_frequency": "15 days",
          "first_payout_days": 15,
          "min_trading_days": 10,
          "time_limit_days": null,
          "leverage": "1:50",
          "refundable_fee": false
        },
        {
          "id": "2-step-100k",
          "name": "2 Step Challenge",
          "steps": 2,
          "account_size": 100000,
          "price": 549,
          "currency": "USD",
          "profit_targets": [
            8,
            5
          ],
          "daily_loss_pct": 5,
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          "drawdown_type": "trailing",
          "profit_split_pct": 80,
          "payout_frequency": "15 days",
          "first_payout_days": 15,
          "min_trading_days": 10,
          "time_limit_days": null,
          "leverage": "1:50",
          "refundable_fee": false
        },
        {
          "id": "2-step-200k",
          "name": "2 Step Challenge",
          "steps": 2,
          "account_size": 200000,
          "price": 999,
          "currency": "USD",
          "profit_targets": [
            8,
            5
          ],
          "daily_loss_pct": 5,
          "max_loss_pct": 10,
          "drawdown_type": "trailing",
          "profit_split_pct": 80,
          "payout_frequency": "15 days",
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          "min_trading_days": 10,
          "time_limit_days": null,
          "leverage": "1:50",
          "refundable_fee": false
        },
        {
          "id": "1-step-5k",
          "name": "1 Step Challenge",
          "steps": 1,
          "account_size": 5000,
          "price": 89,
          "currency": "USD",
          "profit_targets": [
            10
          ],
          "daily_loss_pct": 4,
          "max_loss_pct": 8,
          "drawdown_type": "static",
          "profit_split_pct": 80,
          "payout_frequency": "15 days",
          "first_payout_days": 15,
          "min_trading_days": 10,
          "time_limit_days": null,
          "leverage": "1:50",
          "refundable_fee": false
        },
        {
          "id": "1-step-50k",
          "name": "1 Step Challenge",
          "steps": 1,
          "account_size": 50000,
          "price": 449,
          "currency": "USD",
          "profit_targets": [
            10
          ],
          "daily_loss_pct": 4,
          "max_loss_pct": 8,
          "drawdown_type": "static",
          "profit_split_pct": 80,
          "payout_frequency": "15 days",
          "first_payout_days": 15,
          "min_trading_days": 10,
          "time_limit_days": null,
          "leverage": "1:50",
          "refundable_fee": false
        },
        {
          "id": "1-step-100k",
          "name": "1 Step Challenge",
          "steps": 1,
          "account_size": 100000,
          "price": 649,
          "currency": "USD",
          "profit_targets": [
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          "daily_loss_pct": 4,
          "max_loss_pct": 8,
          "drawdown_type": "static",
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          "payout_frequency": "15 days",
          "first_payout_days": 15,
          "min_trading_days": 10,
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          "leverage": "1:50",
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        },
        {
          "id": "1-step-400k",
          "name": "1 Step Challenge",
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          "account_size": 400000,
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          "daily_loss_pct": 4,
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          "drawdown_type": "static",
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          "payout_frequency": "15 days",
          "first_payout_days": 15,
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            "content": [
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                "text": "Bullwaves Prime is hard to read from reviews alone. Its Trustpilot page has several hundred reviews, about 700 by one review site's count, but Trustpilot has flagged the profile for a breach of guidelines over fake reviews, and we found no current score from Trustpilot itself. The firm's own site quotes 4 out of 5 on Trustpilot and 4.7 on Myfxbook; those are the firm's figures, not ones we could check. The detailed negative reviews we found are mostly about payouts.",
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                        "text": " Review sites point to the link with the Bullwaves brokerage as a reason to trust the firm.",
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                        "text": " Several Trustpilot reviewers and a Reddit poster say payout requests sat in review for weeks, past the firm's stated 2 to 5 business days.",
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                        "text": " A few reviewers feel new rules appear between purchase and payout.",
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                        "text": " Besides the Trustpilot flag, a Reddit poster in May 2026 said most of what they could find about the firm looked like affiliate marketing.",
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                        "text": "August 2026:",
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                        "text": "September 2026:",
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                      {
                        "text": " the firm's recent news is its own payout announcements. We found no new trader complaints dated in the last 90 days.",
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                "text": "Where this comes from",
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                        "text": ": the firm's review page, flagged for fake reviews.",
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                        "text": ": an r/Trading thread about a slow payout review.",
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                        "text": "Reddit",
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                        "text": ": an r/PropfirmsForum thread asking for real payout reports.",
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      "seo_title": "Bullwaves Prime: 1-step and 2-step prices and rules",
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    {
      "slug": "nordic-funder",
      "name": "Nordic Funder",
      "tagline": "Five FX tracks from one to three steps, accounts to $500K and EAs allowed everywhere.",
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            "content": [
              {
                "text": "Nordic Funder markets itself as a Scandinavian funded trader programme. Assessments are run by Forest Park FX LTD, and you trade on DXtrade, Match-Trader or cTrader. It covers forex and CFDs, crypto, equities and instant funding, with staged forex accounts up to $500K. It suits traders who run EAs, since every account allows them without approval.",
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                        "text": "One-Step:",
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                        "text": " a 10% target, a 5% daily loss and a 6% drawdown that trails your high-water mark. From $42.50 for $5K.",
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                        "text": " 10% then 5%, with a 4% daily loss and an 8% static drawdown.",
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                        "text": "Three-Step:",
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                        "text": " 5% in each of three phases, with a 5% static drawdown.",
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                        "text": "Lite tracks:",
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                      {
                        "text": " cheaper one- and two-step accounts from $25, with tighter daily limits that trail intraday and 3 profitable days of 1% needed.",
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                "text": "The daily loss on the staged forex tracks is measured on end-of-day balance. There's no time limit, but the account closes after 30 days without trading on forex, or 14 days on crypto, equities and instant accounts.",
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                "text": "Weekend holding is a paid add-on, so plan for it if you swing trade. Funded Lite accounts carry a 50% consistency rule, crypto 25% and equities and instant funding 20%. You can copy your own strategy across your own accounts, but coordinated trading with other people is banned, as are latency arbitrage and stale-price scalping. Leverage is low on the staged tracks: 20:1 on forex and metals.",
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                "text": "The split is 80%, or 90% with an add-on. The first withdrawal has no waiting period, and after that you can withdraw every 14 days. A breach forfeits any profit you haven't withdrawn, so take payouts as you go. The fee isn't refunded.",
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        "content": [
          {
            "content": [
              {
                "text": "Nordic Funder is a small Swedish forex prop firm with a thin and divided review record. It scores 3.2 on Trustpilot from only 56 reviews, and Trustpilot notes the firm has not invited reviews recently or replied to negative ones. Prop Firm Match shows a perfect 5.0, but on a small number of reviews. Most of the positive feedback dates from 2023 and 2024; the more recent reviews lean negative.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "What traders like",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Personal support.",
                        "type": "text"
                      },
                      {
                        "text": " Several Prop Firm Match and Trustpilot reviewers describe a small, attentive team, with staff named for quick and helpful follow-up.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Payouts on time.",
                        "type": "text"
                      },
                      {
                        "text": " A number of traders say they received several payouts without problems.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Execution and rules.",
                        "type": "text"
                      },
                      {
                        "text": " Reviewers praise execution through Scandinavian Capital Markets, EA support, the scaling plan and fairly simple rules.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Common complaints",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Unannounced account closures.",
                        "type": "text"
                      },
                      {
                        "text": " Independent reviewers point to recent one-star Trustpilot reviews describing accounts closed without warning.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Unanswered support.",
                        "type": "text"
                      },
                      {
                        "text": " Some say emails and promised call-backs went unanswered, and one long complaint compares the business model to a Ponzi scheme.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Fees and payout timing.",
                        "type": "text"
                      },
                      {
                        "text": " Traders Union notes reviews mentioning significant withdrawal fees, and some dislike the 30-day payout cycle.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "content": [
              {
                "text": "With only a few dozen reviews in total, these patterns rest on a small sample.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Recently",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "Nothing dated in the last 90 days beyond routine third-party write-ups; no new reviews show up on Forex Peace Army, which has a page but no reviews.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
              }
            ],
            "type": "heading"
          },
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            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.trustpilot.com/review/nordicfunder.com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the firm's main review page.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://propfirmmatch.com/prop-firms/nordic-funder/reviews",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Prop Firm Match",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.myfxbook.com/reviews/prop-trading-firms/nordicfunder/3304194,1",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Myfxbook",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews page.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.reddit.com/r/Forex/comments/14mpq09/nordic_funder_prop_firm/",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit thread",
                        "type": "text"
                      },
                      {
                        "text": ": an older r/Forex discussion.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://h2tfunding.com/reviews/nordic-funder/",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "H2T Funding",
                        "type": "text"
                      },
                      {
                        "text": ": review summarising recent Trustpilot complaints.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              }
            ],
            "type": "bulletList"
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      "discount_code": "",
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      "sort_order": 355,
      "seo_title": "Nordic Funder: FX challenge prices, rules and payouts",
      "seo_description": "Nordic Funder runs One-Step, Two-Step and Three-Step FX challenges from $42.50, plus Lite, crypto and equity tracks. 80% split, DXtrade, Match-Trader, cTrader.",
      "logo": "/logos/nordic-funder.png",
      "updated_at": "2026-10-06T18:17:27.606104Z"
    },
    {
      "slug": "fundedfirm",
      "name": "FundedFirm",
      "tagline": "MT5 one- and two-step challenges where the payout schedule you pick sets your split.",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "FundedFirm is a forex and CFD prop firm registered in Saint Lucia that runs everything on MT5. It sells one- and two-step challenges plus instant accounts. Its unusual feature is that you choose your payout schedule when you buy, and that choice sets your split. It suits manual traders who trade news or hold over the weekend and don't need EAs.",
                "type": "text"
              }
            ],
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          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "How the evaluation works",
                "type": "text"
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            ],
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          {
            "content": [
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                "content": [
                  {
                    "content": [
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                        ],
                        "text": "1 Step:",
                        "type": "text"
                      },
                      {
                        "text": " a 10% target, a 3% daily loss and a 6% static drawdown from the starting balance. From $79 for $5K.",
                        "type": "text"
                      }
                    ],
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                  }
                ],
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              },
              {
                "content": [
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                    "content": [
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                        "text": "2 Step:",
                        "type": "text"
                      },
                      {
                        "text": " 8% then 5%, with a 5% daily loss and a 10% static drawdown. From $49 for $5K.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              },
              {
                "content": [
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                    "content": [
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                        "text": "Instant:",
                        "type": "text"
                      },
                      {
                        "text": " no evaluation, with a 3% daily loss and a 5% trailing drawdown.",
                        "type": "text"
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                    ],
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                  }
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            "content": [
              {
                "text": "The daily loss is 3% of whichever is higher at the start of the day, balance or equity, and floating losses count. Each step needs at least 3 trading days. There's no time limit, but 30 days without a trade breaches the account.",
                "type": "text"
              }
            ],
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            "attrs": {
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            "content": [
              {
                "text": "Rules worth knowing",
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            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "News trading and weekend holding are both allowed with no restrictions. The traps are elsewhere. On the 1 Step, no single trade can lose more than 40% of your daily limit, which is $120 on a $10K account. Trades on the same symbol and direction within 3 minutes count as one. No trade can be more than 5x your smallest lot on that pair. Hedging, copy trading and EAs are all banned, and a profit that comes 80% or more from one trade can get reviewed.",
                "type": "text"
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            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
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            "content": [
              {
                "text": "Getting paid",
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            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "You pick the schedule at checkout: monthly payouts at up to 100%, every two weeks at 80% or weekly at 60%. You need at least 1% net profit to qualify. The fee comes back with your fourth reward.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          }
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      "website_url": "https://www.fundedfirm.com",
      "founded_year": 2023,
      "headquarters": "Saint Lucia",
      "brand_color": "#f4f4f4",
      "markets": [
        "forex",
        "indices",
        "commodities",
        "crypto"
      ],
      "platforms": [
        "mt5"
      ],
      "payout_methods": [
        "bank"
      ],
      "restricted_countries": [
        "CU",
        "IQ",
        "IR",
        "KP",
        "MM",
        "RU",
        "SD",
        "US"
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        "copy_trading": "not_allowed",
        "eas": "not_allowed",
        "hedging": "not_allowed",
        "news_trading": "allowed",
        "overnight_holding": "allowed",
        "weekend_holding": "allowed"
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      "pros": [
        "News trading and weekend holding allowed",
        "Up to 100% split on the monthly payout plan",
        "Fee refunded with the fourth reward"
      ],
      "cons": [
        "MT5 only",
        "No EAs, copy trading or hedging",
        "Single trades capped at 40% of the daily loss limit on the 1 Step"
      ],
      "challenges": [
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          "id": "1-step-5k",
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          "account_size": 5000,
          "price": 79,
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          "profit_targets": [
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          "daily_loss_pct": 3,
          "max_loss_pct": 6,
          "drawdown_type": "static",
          "profit_split_pct": 80,
          "payout_frequency": "14 days",
          "first_payout_days": null,
          "min_trading_days": 3,
          "time_limit_days": null,
          "leverage": "1:100",
          "refundable_fee": true
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        {
          "id": "1-step-50k",
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          "steps": 1,
          "account_size": 50000,
          "price": 379,
          "currency": "USD",
          "profit_targets": [
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          ],
          "daily_loss_pct": 3,
          "max_loss_pct": 6,
          "drawdown_type": "static",
          "profit_split_pct": 80,
          "payout_frequency": "14 days",
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          "time_limit_days": null,
          "leverage": "1:100",
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          "id": "1-step-100k",
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          "daily_loss_pct": 3,
          "max_loss_pct": 6,
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          "id": "2-step-5k",
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          "price": 49,
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          "daily_loss_pct": 5,
          "max_loss_pct": 10,
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            5
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          "profit_split_pct": 80,
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          "min_trading_days": 3,
          "time_limit_days": null,
          "leverage": "1:100",
          "refundable_fee": true
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        {
          "id": "2-step-100k",
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            5
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          "max_loss_pct": 10,
          "drawdown_type": "static",
          "profit_split_pct": 80,
          "payout_frequency": "14 days",
          "first_payout_days": null,
          "min_trading_days": 3,
          "time_limit_days": null,
          "leverage": "1:100",
          "refundable_fee": true
        },
        {
          "id": "instant-5k",
          "name": "Instant",
          "steps": 0,
          "account_size": 5000,
          "price": 89,
          "currency": "USD",
          "profit_targets": [],
          "daily_loss_pct": 3,
          "max_loss_pct": 5,
          "drawdown_type": "trailing",
          "profit_split_pct": 80,
          "payout_frequency": "on demand",
          "first_payout_days": null,
          "min_trading_days": 5,
          "time_limit_days": null,
          "leverage": "1:30",
          "refundable_fee": false
        },
        {
          "id": "instant-100k",
          "name": "Instant",
          "steps": 0,
          "account_size": 100000,
          "price": 699,
          "currency": "USD",
          "profit_targets": [],
          "daily_loss_pct": 3,
          "max_loss_pct": 5,
          "drawdown_type": "trailing",
          "profit_split_pct": 80,
          "payout_frequency": "on demand",
          "first_payout_days": null,
          "min_trading_days": 5,
          "time_limit_days": null,
          "leverage": "1:30",
          "refundable_fee": false
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          "count": null,
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          "checked_on": "2026-10-06"
        },
        {
          "source": "forexpeacearmy",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.forexpeacearmy.com/forex-reviews/22781/funded-firm-review",
          "checked_on": "2026-10-06"
        },
        {
          "source": "myfxbook",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.myfxbook.com/reviews/prop-trading-firms/fundedfirm/3286157,1",
          "checked_on": "2026-10-06"
        },
        {
          "source": "reddit",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.reddit.com/search/?q=fundedfirm",
          "checked_on": "2026-10-06"
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        "content": [
          {
            "content": [
              {
                "text": "FundedFirm's reputation is weak on the sites where traders complain and strong where the praise is hard to verify. Review sites put its Trustpilot score very low, between about 1.6 and 2 out of 5, though we could not confirm the current figure from Trustpilot itself. Forex Peace Army reviews are negative. Myfxbook reviews and many Reddit comments are glowing, but much of that praise is short and similar in tone. In late 2024 the firm drew public scam allegations after it cut a claimed $95 million payout figure to $9.5 million.",
                "type": "text"
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                "text": "What traders like",
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                        "text": "Simple rules and MT5.",
                        "type": "text"
                      },
                      {
                        "text": " Myfxbook reviewers and Reddit commenters describe a clear evaluation, tight spreads and a clean dashboard.",
                        "type": "text"
                      }
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                    "type": "paragraph"
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                "content": [
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                        "text": "Fast payouts.",
                        "type": "text"
                      },
                      {
                        "text": " Several say they were paid within a day, some more than once.",
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              {
                "content": [
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                        "text": "Instant accounts.",
                        "type": "text"
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                      {
                        "text": " A few Reddit users say its instant-funded accounts are more tradable than others they tried.",
                        "type": "text"
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                "text": "Common complaints",
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                        "text": "Payouts rejected at the last step.",
                        "type": "text"
                      },
                      {
                        "text": " Several Trustpilot reviewers say payouts were refused once requested, over bot trading or lot-size rules they say were never flagged while they traded.",
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                        "text": "The base lot rule.",
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                      {
                        "text": " Some reviewers say they could not find out how it is calculated and were breached for it only during the payout review.",
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                        "text": "Disputed breaches.",
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                      {
                        "text": " Forex Peace Army reviewers report accounts disabled for exceeding loss limits after hitting the profit target, and stops hit by a price spike they could not see on other feeds.",
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                        "marks": [
                          {
                            "type": "bold"
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                        ],
                        "text": "Support going quiet.",
                        "type": "text"
                      },
                      {
                        "text": " Several say tickets went unanswered for two weeks or more during a dispute.",
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Influencer marketing.",
                        "type": "text"
                      },
                      {
                        "text": " A few reviewers say they joined on an influencer's recommendation and feel the promoters were paid to push the firm.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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            "content": [
              {
                "text": "Recently",
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          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "July 2026:",
                        "type": "text"
                      },
                      {
                        "text": " one review site says the latest Trustpilot review was posted on 11 July, with an overall score of 1.6.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
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                        "text": "Late August to September 2026:",
                        "type": "text"
                      },
                      {
                        "text": " new Forex Peace Army reviews describe a disabled account and unanswered support tickets.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
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            "attrs": {
              "level": 2
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            "content": [
              {
                "text": "Where this comes from",
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                  {
                    "content": [
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                        "marks": [
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                            "attrs": {
                              "class": null,
                              "href": "https://www.trustpilot.com/review/fundedfirm.com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the firm's main review page.",
                        "type": "text"
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              {
                "content": [
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                              "target": "_self"
                            },
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                          }
                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews, mostly disputes.",
                        "type": "text"
                      }
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                "content": [
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                        ],
                        "text": "Myfxbook",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews, mostly positive.",
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                      }
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                "content": [
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit search",
                        "type": "text"
                      },
                      {
                        "text": ": comments in r/Daytrading, r/Trading, r/PropFirmTester and r/Forex.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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                ],
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.financemagnates.com/forex/this-prop-firms-85m-vanished-overnight-amid-allegations-of-a-potential-scam-and-cloning/",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Finance Magnates",
                        "type": "text"
                      },
                      {
                        "text": ": report on the payout-figure controversy.",
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              },
              {
                "content": [
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                            "attrs": {
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Traders Union",
                        "type": "text"
                      },
                      {
                        "text": ": review site quoting the Trustpilot score.",
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                      }
                    ],
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      "seo_title": "FundedFirm review: 1 Step and 2 Step rules, payout plans",
      "seo_description": "FundedFirm sells 1 Step and 2 Step MT5 challenges from $49 plus Instant accounts. Split is 100%, 80% or 60% by payout schedule, and news trading is allowed.",
      "logo": "/logos/fundedfirm.png",
      "updated_at": "2026-10-06T18:17:27.606104Z"
    },
    {
      "slug": "funded7",
      "name": "Funded7",
      "tagline": "Two Phase challenges to $500K with weekly payouts, plus One Phase and Instant accounts.",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "Funded7 is a forex and CFD prop firm set up in 2025, run through companies registered in Cyprus and Saint Lucia. It sells Two Phase challenges up to $500K, along with One Phase, Instant and a pay-as-you-go option, on MT5 or cTrader. It suits traders who want weekly payouts and a static drawdown, and who don't need to hedge or copy trades.",
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            "content": [
              {
                "text": "How the evaluation works",
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            "content": [
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                "content": [
                  {
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                        "text": "Two Phase:",
                        "type": "text"
                      },
                      {
                        "text": " 8% then 6%, with a 5% daily loss and a 10% static drawdown. Each phase needs 3 trading days. From $118.80 for $15K.",
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                        "text": "One Phase:",
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                      },
                      {
                        "text": " a 10% target, a 4% daily loss and an 8% drawdown that trails. The split is only 50%.",
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                        "text": "Instant:",
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                      {
                        "text": " no evaluation, also at a 50% split.",
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                        "text": "PAYG:",
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                      },
                      {
                        "text": " a two-phase route where you pay for each stage only after passing the one before.",
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            "content": [
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                "text": "There's no time limit on any phase.",
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            "content": [
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                "text": "Rules worth knowing",
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          {
            "content": [
              {
                "text": "News trading is allowed, but Funded7 asks you not to pile on big, high-leverage positions right before a major release. Hedging and copy trading are both banned. After you hit the Phase 2 target, the risk team reviews your trades and places you in a tier. If your profit leans heavily on a few trades, or your risk ran high, you can start funded on a lower risk tier rather than failing outright. Profit made by breaking risk or scalping rules is removed, while the rest stays.",
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                "text": "Getting paid",
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          {
            "content": [
              {
                "text": "The Two Phase split is 80%. You can request a payout every 7 days from account creation or your last withdrawal. Requesting a payout closes all open trades and freezes the account until it's paid. Withdrawals are capped at $10,000 a month per client ($20,000 on PAYG). Payouts go by bank transfer, Revolut or USDC.",
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        "BY",
        "CU",
        "CY",
        "IQ",
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        "Two Phase uses a static drawdown"
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        "Trade-size consistency checked at every payout",
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            "content": [
              {
                "text": "Funded7 is a young forex prop firm, launched in 2025 and popular in Japan, with a small and sharply divided review record. Our evidence has no TrustScore read off Trustpilot itself. Review sites that track the page put it between 2.8 and 3.1 from roughly 50 reviews in August to October 2026, down from much higher figures a year earlier, and one of them says the review count has shrunk over the period. Forex Peace Army has a page with no reviews yet.",
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                "text": "What traders like",
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                        "text": "Quick payouts.",
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                      {
                        "text": " Several Trustpilot reviewers and comments on Prop Firm Match say payouts were approved within minutes or on the same day.",
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                        "text": "Friendly support.",
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                        "text": " Many positive reviews mention helpful, responsive support and an easy dashboard.",
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                        "text": "Tight spreads.",
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                      {
                        "text": " A few traders single out low spreads and good trading conditions.",
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                        "text": "Withdrawals refused on rules.",
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                      {
                        "text": " One review site that checked Trustpilot in September 2026 says the one-star reviews mostly describe withdrawals refused on rule grounds, and another notes several payout disputes.",
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                        "text": "Payout limits.",
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                        "text": " One reviewer reports a 30-day wait before a first withdrawal, and review sites flag a $10,000 monthly withdrawal cap.",
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                        "text": "Polarised reviews.",
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                        "text": " The five-star and one-star reviews sit far apart, with few in between, which makes the overall picture hard to read.",
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                "text": "Recently",
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                        "text": "August to October 2026:",
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                      {
                        "text": " review sites recorded the Trustpilot score at 2.8 in late August, 3.1 in early September and 2.9 in early October, all from around 50 reviews.",
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                      },
                      {
                        "text": " Funded7 announced it had passed $1M in trader payouts. Coverage noted the figure doesn't show how payouts are spread across traders.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "October 2026:",
                        "type": "text"
                      },
                      {
                        "text": " the firm is running a 90% discount on its pay-as-you-grow first phase for new clients.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
              }
            ],
            "type": "heading"
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            "content": [
              {
                "content": [
                  {
                    "content": [
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                            "attrs": {
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the firm's main review page.",
                        "type": "text"
                      }
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                    "type": "paragraph"
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              },
              {
                "content": [
                  {
                    "content": [
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                            "attrs": {
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": page open, no reviews yet.",
                        "type": "text"
                      }
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                            "attrs": {
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                              "href": "https://www.myfxbook.com/reviews/prop-trading-firms/funded7/3324901,1",
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Myfxbook",
                        "type": "text"
                      },
                      {
                        "text": ": review page, no score in our evidence.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://propfirmmatch.com/unlisted-prop-firms/funded7",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Prop Firm Match",
                        "type": "text"
                      },
                      {
                        "text": ": unlisted firm, community comments only.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
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              }
            ],
            "type": "bulletList"
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      },
      "reviews_checked_on": "2026-10-06",
      "discount_code": "",
      "discount_label": "",
      "featured": false,
      "sort_order": 357,
      "seo_title": "Funded7: Two Phase and One Phase challenges, payouts",
      "seo_description": "Funded7 offers Two Phase challenges from $118.80 with an 8% then 6% target and 80% split, plus One Phase and Instant accounts. Weekly payouts, MT5 and cTrader.",
      "logo": "/logos/funded7.png",
      "updated_at": "2026-10-06T18:17:27.606104Z"
    },
    {
      "slug": "leveraged",
      "name": "Leveraged",
      "tagline": "A cheap 6% one-step called ONE, plus Classic programs from one to three phases.",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "Leveraged is a forex and CFD prop firm with its head office in Limassol, Cyprus, and a trading entity in Saint Lucia. It calls its traders portfolio managers and runs on MT5 and cTrader. The headline product is ONE, a cheap one-step challenge, alongside Classic programs with one to three phases and accounts up to $1M. It suits traders who want a low target and hold trades overnight or over the weekend. It doesn't serve US residents.",
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            "attrs": {
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            "content": [
              {
                "text": "How the evaluation works",
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            "content": [
              {
                "content": [
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                        "text": "Leveraged ONE:",
                        "type": "text"
                      },
                      {
                        "text": " one phase with a 6% target, a 3% daily loss and a 6% trailing drawdown. It costs $188 for $100K, with no activation fee and no payout cap.",
                        "type": "text"
                      }
                    ],
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              {
                "content": [
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                    "content": [
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                        "text": "Junior Portfolio Manager:",
                        "type": "text"
                      },
                      {
                        "text": " one phase with a 10% target, a 3% daily loss and a 6% static drawdown, at up to 1:30 leverage.",
                        "type": "text"
                      }
                    ],
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                ],
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                "content": [
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                        "text": "Senior Portfolio Manager:",
                        "type": "text"
                      },
                      {
                        "text": " two phases, 5% then 8%, with a 5% daily loss, a 10% static drawdown and up to 1:100 leverage.",
                        "type": "text"
                      }
                    ],
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                "content": [
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                        "text": "Executive Portfolio Manager:",
                        "type": "text"
                      },
                      {
                        "text": " three phases of 6%, 8% and 10%, with a 3% daily loss and a 6% drawdown, for $250K to $1M.",
                        "type": "text"
                      }
                    ],
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                  }
                ],
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            ],
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          },
          {
            "content": [
              {
                "text": "Classic phases need 3 trading days each, with at least 0.5% profit on each day. There's no time limit.",
                "type": "text"
              }
            ],
            "type": "paragraph"
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          {
            "attrs": {
              "level": 2
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            "content": [
              {
                "text": "Rules worth knowing",
                "type": "text"
              }
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            "type": "heading"
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          {
            "content": [
              {
                "text": "You can't trade within five minutes either side of high-impact news. ONE accounts are scored for consistency at 20%, so one big day can hold up a payout. Commercial EAs bought off the shelf are banned, and copy trading comes with conditions. Holding overnight and over the weekend is allowed on every program.",
                "type": "text"
              }
            ],
            "type": "paragraph"
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            "attrs": {
              "level": 2
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            "content": [
              {
                "text": "Getting paid",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "The split is 80% and payouts run every two weeks. Classic fees are refunded with your third payout, while ONE's fee isn't. Payouts go to Revolut, a debit card, a bank account or crypto.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          }
        ],
        "type": "doc"
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      "brand_color": "#9af5bc",
      "markets": [
        "forex",
        "commodities",
        "crypto",
        "stocks"
      ],
      "platforms": [
        "mt5",
        "ctrader"
      ],
      "payout_methods": [
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      "pros": [
        "ONE costs $188 for a $100K account with a 6% target",
        "No time limits on evaluations",
        "Classic fees refunded on the third payout"
      ],
      "cons": [
        "News window of five minutes either side of high-impact releases",
        "ONE uses a trailing drawdown and a 20% consistency score",
        "Commercial EAs are banned"
      ],
      "challenges": [
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        {
          "id": "senior-100k",
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        {
          "source": "propfirmmatch",
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          "scale": 5,
          "count": 5,
          "url": "https://propfirmmatch.com/prop-firms/leveraged",
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        {
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        "content": [
          {
            "content": [
              {
                "text": "Leveraged (getleveraged.com) is a young firm, set up in 2025, and the picture of it is mixed. Its Trustpilot page is mostly positive, but we could not read a current score or review count from Trustpilot itself. Other sites quote 4.6, and one review site counted around 80 one-star reviews out of roughly 1,000. Prop Firm Match shows an early 4.8 from only 5 reviews. Trustpilot also notes it has removed a number of fake reviews from the page. The praise centres on support and quick first payouts. The complaints, mostly on Reddit and Myfxbook, are about accounts blocked just before a payout.",
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                    "content": [
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                        "type": "text"
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                      {
                        "text": " Many Trustpilot reviewers and a few Reddit posters say support is quick, friendly and solves problems the same day.",
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                    "content": [
                      {
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                            "type": "bold"
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                        "text": "Fast payouts.",
                        "type": "text"
                      },
                      {
                        "text": " Several reviewers say a payout requested one day arrived the next, and one review site quotes a trader with three payouts and no issues.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
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                "type": "listItem"
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
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                        "text": "Pay after passing.",
                        "type": "text"
                      },
                      {
                        "text": " Some like the Turbo challenge, where the entry price is a few dollars and the larger fee is only due after passing.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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                "text": "Common complaints",
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          {
            "content": [
              {
                "content": [
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                    "content": [
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                        "text": "Accounts blocked before payout.",
                        "type": "text"
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                      {
                        "text": " Some traders on Reddit and Myfxbook say accounts were closed shortly before a payout over KYC concerns, IP locations, or trading frequency, sometimes after an interview request.",
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                        "text": "Hidden rules.",
                        "type": "text"
                      },
                      {
                        "text": " A few say the Turbo challenge has rules that only become clear later, and one review site points to a large activation fee due after passing.",
                        "type": "text"
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                    "type": "paragraph"
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              {
                "content": [
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                    "content": [
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                        "marks": [
                          {
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                        "text": "Young firm.",
                        "type": "text"
                      },
                      {
                        "text": " Reddit replies often warn against new firms, and one poster says a refund was tied to a waiver that discouraged honest reviews.",
                        "type": "text"
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                "text": "Recently",
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          },
          {
            "content": [
              {
                "text": "We found no dated trader reviews from the last 90 days. A September 2026 review site piece listed warnings about refused payouts and the post-pass activation fee, and a July 2026 piece was more positive about the challenge design.",
                "type": "text"
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            "content": [
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                "text": "Where this comes from",
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                              "target": "_self"
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                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the firm's main review page, mostly positive reviews with firm replies.",
                        "type": "text"
                      }
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              {
                "content": [
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                              "target": "_self"
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                            "type": "link"
                          }
                        ],
                        "text": "Prop Firm Match",
                        "type": "text"
                      },
                      {
                        "text": ": an early score from a handful of verified reviews.",
                        "type": "text"
                      }
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                    "type": "paragraph"
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                            "attrs": {
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                              "href": "https://www.myfxbook.com/reviews/prop-trading-firms/getleveraged/3317784,1",
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Myfxbook",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews, including blocked-payout complaints.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
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                        "text": "Reddit search",
                        "type": "text"
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                      {
                        "text": ": threads in r/PropFirmTester, r/propfirm and r/PropFirmDiscussion.",
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                "text": "Mubite is a crypto-only prop firm run by Mubite s.r.o. in Prague. You trade crypto perpetuals on a simulated account with prices from Bybit, either on Bybit itself or on Cleo if Bybit isn't available where you live. It suits crypto traders who want a cheap evaluation with no deadline and are happy to work inside a per-trade loss cap.",
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                        "text": " 10% then 5%, with a 5% daily loss limit and an 8% maximum loss from the starting balance. An add-on raises the maximum loss to 10%. Prices run from $65 for $5K to $1,099 for $200K.",
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                        "text": " no target. You start with a 10% maximum loss, and once equity is 5% up the floor locks 5% under your peak.",
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                "text": "The challenges pay 80%, rising to 90% after a 10% gain within three months or with a paid add-on. Your first payout is on demand once you're funded, then every 14 days, and the fee comes back with the first split. Instant Funding pays 70% (80% with an add-on), first after 14 days and a 5% gain. Each request is capped at 5% of the account size. Payouts go out in USDC or by bank transfer.",
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                "text": "Mubite is a small, young crypto prop firm, launched in Prague in late 2024 and trading through Bybit, and its review record is thin and hard to read. Trustpilot currently shows no score: the page says the rating is unavailable because of a guidelines breach and that fake reviews were removed, leaving about 70 reviews. The firm's own press releases from late 2025 claimed 4.9 from about 140 reviews, while review sites in early 2026 saw around 4.1 to 4.2. No other review site in our evidence publishes a score.",
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                        "text": " One review site notes the challenge page promises no profit target while the payout terms require a 5% gain before the first withdrawal, plus a per-payout cap.",
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                        "text": "Myfxbook",
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                        "text": "Reddit search",
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                        "text": ": threads in crypto prop trading subreddits.",
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      "seo_title": "Mubite review: crypto challenges, rules and payouts",
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      "slug": "sizeprop",
      "name": "SizeProp",
      "tagline": "Crypto and Trade.xyz perp evaluations on its own Hyperliquid-based platform, paid in USDT.",
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                "text": "SizeProp is a crypto prop firm that went live in October 2025, operated by SIZ EDU Limited in the Cayman Islands and backed by Igloo Inc., the company behind Pudgy Penguins. You trade on SizeProp's own platform, which uses order book data from Hyperliquid, Trade.xyz and Bybit, so alongside crypto perps you can trade stock, metal and forex contracts. It suits active perp traders who want to pass fast and be paid on request.",
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                        "text": " an 8% target, a 2% daily loss limit and a 3% maximum loss. It's the cheap option, from $36 for $5K to $1,020 for $200K.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "1-Step:",
                        "type": "text"
                      },
                      {
                        "text": " a 10% target, a 3% daily loss limit and a 5% maximum loss, from $86 for $5K to $999 for $100K.",
                        "type": "text"
                      }
                    ],
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                  }
                ],
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            ],
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          },
          {
            "content": [
              {
                "text": "There are no minimum trading days, no time limit and no consistency rule, so you can pass with a single trade. Profit only counts toward the target once the trade is closed.",
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              }
            ],
            "type": "paragraph"
          },
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            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Rules worth knowing",
                "type": "text"
              }
            ],
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          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "text": "The daily limit is set at 8:00 PM UTC from your balance and enforced against live equity.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "text": "News trading, overnight and weekend holds are allowed.",
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                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "text": "Hedging is fine inside one account, never across accounts.",
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                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "text": "HFT, latency tricks and mirroring trades between accounts are banned.",
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                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "text": "Make at least one trade every 90 days or the account goes inactive.",
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                    "type": "paragraph"
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            "content": [
              {
                "text": "Getting paid",
                "type": "text"
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            "type": "heading"
          },
          {
            "content": [
              {
                "text": "The split is 80% by default, or 90% or 95% if you pay for it at checkout. You can't change it later. You can request a payout whenever you like, with no wait before the first one, as long as positions are closed and KYC is done. There's no maximum payout. Everything is paid in USDT on ERC-20, and there's no bank option.",
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              }
            ],
            "type": "paragraph"
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      "headquarters": "George Town, Cayman Islands",
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        "Payouts can be requested at any time",
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        "Low entry price on the Degen account"
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        "Tight 2% to 3% daily loss limits",
        "Payouts only in USDT on ERC-20",
        "Young firm, live since October 2025"
      ],
      "challenges": [
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          "id": "degen-5k",
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          "id": "1-step-5k",
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          "source": "trustpilot",
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        {
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          {
            "content": [
              {
                "text": "SizeProp is a crypto prop firm that launched in October 2025, so there isn't much review history yet. Trustpilot shows 4 stars from 43 reviews, and the firm itself quotes 4.6 from 50 or more. Beyond that, the evidence is a couple of YouTube reviews and editorial write-ups, so treat the picture below as early.",
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                "text": "What traders like",
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            "content": [
              {
                "content": [
                  {
                    "content": [
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                        "text": "Same-day USDT payouts.",
                        "type": "text"
                      },
                      {
                        "text": " Several Trustpilot reviewers say they were paid the same day they asked, straight to a crypto wallet with no bank transfer.",
                        "type": "text"
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                            "type": "bold"
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                        "text": "Fewer rules.",
                        "type": "text"
                      },
                      {
                        "text": " Reviewers coming from futures and forex firms say the lack of a consistency rule on funded accounts made the firm easier to trade with.",
                        "type": "text"
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                    "type": "paragraph"
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                "content": [
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                    "content": [
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                        "text": "A team that listens.",
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                      {
                        "text": " Some early users say the firm acted on their feedback about the trading screen.",
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                    "type": "paragraph"
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            "content": [
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                "text": "Common complaints",
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          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                            "type": "bold"
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                        "text": "Few complaints on record.",
                        "type": "text"
                      },
                      {
                        "text": " The firm says its one and two-star reviews are mostly feature requests, such as a mobile app, more withdrawal networks and more trading pairs. We haven't seen enough low reviews to confirm that.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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                ],
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              },
              {
                "content": [
                  {
                    "content": [
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                            "type": "bold"
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                        "text": "Payouts are hard to check independently.",
                        "type": "text"
                      },
                      {
                        "text": " One independent review notes the firm doesn't publish the wallet it pays from or a lifetime payout total, so its payout record is self-reported.",
                        "type": "text"
                      }
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                ],
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              {
                "content": [
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                    "content": [
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                        "marks": [
                          {
                            "type": "bold"
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                        "text": "Tight trading conditions.",
                        "type": "text"
                      },
                      {
                        "text": " The same review points to low leverage on most pairs and a small drawdown limit on the cheapest plan.",
                        "type": "text"
                      }
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              "level": 2
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            "content": [
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                "text": "Recently",
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            "type": "heading"
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          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                            "type": "bold"
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                        ],
                        "text": "September 2026:",
                        "type": "text"
                      },
                      {
                        "text": " new Trustpilot reviews are mostly about fast first withdrawals, and an independent review questioned how verifiable the firm's payout claims are.",
                        "type": "text"
                      }
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                    "type": "paragraph"
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            "content": [
              {
                "text": "Where this comes from",
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            "content": [
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                      {
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                              "href": "https://www.trustpilot.com/review/sizeprop.com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
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                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the firm's main review page.",
                        "type": "text"
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              {
                "content": [
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                              "href": "https://www.youtube.com/watch?v=sUYE8NrJ_KM",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
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                        "text": "YouTube review",
                        "type": "text"
                      },
                      {
                        "text": ": a May 2026 video walkthrough of the firm.",
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              {
                "content": [
                  {
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                      {
                        "marks": [
                          {
                            "attrs": {
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                              "href": "https://theindustryspread.com/sizeprop-review-leverage-drawdown-usdt-payouts/",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "The Industry Spread",
                        "type": "text"
                      },
                      {
                        "text": ": an independent review of the rules and payout claims.",
                        "type": "text"
                      }
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      "seo_title": "SizeProp: Degen and 1-Step crypto prop rules and prices",
      "seo_description": "SizeProp runs one-phase Degen and 1-Step evaluations on a Hyperliquid-based platform, from $36 for $5K, with static drawdown and USDT payouts at 80% to 95%.",
      "logo": "/logos/sizeprop.png",
      "updated_at": "2026-10-06T18:17:27.606104Z"
    },
    {
      "slug": "tradexprop",
      "name": "Tradexprop",
      "tagline": "Asia-focused firm with forex and crypto evaluations, static drawdown and no day minimums.",
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        "content": [
          {
            "content": [
              {
                "text": "Tradexprop is an Asia-focused prop firm that has been paying traders since 2023. It sells forex evaluations on cTrader, Match-Trader and DXtrade, a separate crypto challenge traded on DXtrade, and an instant funded account. The assessments themselves are provided by Prop Account, LLC, and funded traders sign their agreement with Prop Account LC. It suits traders who like a static floor and don't want a minimum day count.",
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          {
            "attrs": {
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            "content": [
              {
                "text": "How the evaluation works",
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            "content": [
              {
                "content": [
                  {
                    "content": [
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                        "text": "X-1 Step (forex):",
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                      },
                      {
                        "text": " a 10% target, a 5% daily loss limit and a 6% static maximum loss, from $45 for $5K to $3,755 for $400K.",
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                      }
                    ],
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                  }
                ],
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              },
              {
                "content": [
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                    "content": [
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                        "text": "X-2 Step (forex):",
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                      {
                        "text": " 8% then 5%, a 5% daily limit and an 8% static maximum loss, from $35 for $5K.",
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                ],
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              {
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                    "content": [
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                        "text": "Crypto X-1 Step:",
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                      {
                        "text": " a 9% target and a 6% static maximum loss, with a 3% daily cap either way.",
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                    "type": "paragraph"
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                ],
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              },
              {
                "content": [
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                    "content": [
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                        "text": "Crypto X-2 Step:",
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                      {
                        "text": " 6% and 9% targets with a 9% maximum loss and the same 3% cap.",
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                ],
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              {
                "content": [
                  {
                    "content": [
                      {
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                        "text": "Instant Funded X:",
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                      {
                        "text": " no target, a 5% daily limit and an 8% trailing drawdown, from $200 for $5K.",
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            "content": [
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                "text": "None of the evaluations have a time limit or a minimum number of days.",
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                "text": "Rules worth knowing",
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                    "content": [
                      {
                        "text": "A 45% consistency rule applies. In the evaluation your best day can't be more than 45% of the target, or the target goes up.",
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              {
                "content": [
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                    "content": [
                      {
                        "text": "You can't open a trade within 3 minutes of a news event.",
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              {
                "content": [
                  {
                    "content": [
                      {
                        "text": "On the crypto challenge, a 3% move in either direction from the day's start closes your trades and locks the account until the next day.",
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              {
                "content": [
                  {
                    "content": [
                      {
                        "text": "Crypto leverage is 5:1 on BTC and ETH and 2:1 on other coins. Forex is 50:1.",
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              {
                "content": [
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                    "content": [
                      {
                        "text": "Weekend holding is allowed. Copy trading is only allowed between your own accounts.",
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            "content": [
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                "text": "Getting paid",
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            "content": [
              {
                "text": "Forex evaluations pay 80%, and up to 90% with add-ons. The first payout can come straight after you're funded, then every two weeks, as long as your best day is within 45% of total profit. Crypto accounts pay 90% and withdraw every 30 days. The site doesn't list which payout methods it uses.",
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        "Cheap entry from $35 on the forex 2-step",
        "Separate crypto challenge on DXtrade"
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      "cons": [
        "45% consistency rule in evaluation and funded",
        "No new trades 3 minutes either side of news",
        "Crypto leverage capped at 5:1",
        "Instant accounts cost about 5% of the balance"
      ],
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          "id": "fx-1-step-100k",
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          "id": "fx-1-step-400k",
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          "id": "fx-2-step-5k",
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          "id": "crypto-2-step-100k",
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          "id": "instant-100k",
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        {
          "source": "forexpeacearmy",
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                "text": "Tradexprop is a small, Asia-focused firm with a thin review record. Trustpilot shows a 4-star rating from about 40 reviews, and the most recent decimal figure we found was 4.5 from 37. The page listed around 70 reviews in late 2024, so the total has shrunk since. Forex Peace Army, Myfxbook and Prop Firm Match all have pages on the firm, but none shows a score. What feedback there is mostly praises fast payouts and support, with at least one recent payout dispute.",
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                        "type": "text"
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                      {
                        "text": " Reviewers mention quick help over WhatsApp and Discord, including with KYC problems.",
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                        "type": "text"
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                      {
                        "text": " A Reddit commenter likes that withdrawing profits on the first payout does not breach the account.",
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                        "text": " At least one recent Trustpilot reviewer says a payout was refused, and the firm's public reply says it will not share the detection methods behind the decision.",
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                        "text": " Review sites from 2025 flagged the small number of reviews and the lack of an independent track record as a reason for caution.",
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                        "text": "Infrequent withdrawals.",
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                      {
                        "text": " One review site notes that funded traders can only request a payout once every 30 days.",
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                        "text": "September 2026:",
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                      {
                        "text": " a Trustpilot exchange shows the firm rejecting a reviewer's claim that it denies payouts without reason. No other dated trader reviews from the last 90 days turned up.",
                        "type": "text"
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            "content": [
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                "text": "Where this comes from",
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                        "text": "Trustpilot",
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                      {
                        "text": ": the firm's main review page, a small pool of reviews.",
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                        "text": "Forex Peace Army",
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                        "text": ": the firm's page on the trader review site.",
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                        "text": "Myfxbook",
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                        "text": ": user reviews, mostly about payouts.",
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                        "text": "Prop Firm Match",
                        "type": "text"
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                      {
                        "text": ": unlisted firm page with community experiences.",
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                "content": [
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                        "marks": [
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                              "href": "https://www.reddit.com/r/PropFirmTester/comments/1htb2l4/review_for_tradexprop/",
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                        "text": "Reddit",
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                        "text": ": a 2025 r/PropFirmTester thread on the firm.",
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      "seo_title": "Tradexprop review: forex and crypto challenges and rules",
      "seo_description": "Tradexprop sells forex 1-step and 2-step evaluations from $35, a crypto challenge on DXtrade and instant accounts, with static drawdown and up to 90% split.",
      "logo": "/logos/tradexprop.png",
      "updated_at": "2026-10-06T18:17:27.606104Z"
    },
    {
      "slug": "bitfunded",
      "name": "Bitfunded",
      "tagline": "Crypto-only challenges on its own platform, with a payout day you set yourself.",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "Bitfunded is a crypto prop firm based in the United Arab Emirates and running since 2023. You trade more than 100 crypto pairs on its own web platform, with up to $150,000 in simulated capital. It suits discretionary crypto traders who are comfortable with low leverage and want to choose when they get paid.",
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                "text": "How the evaluation works",
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                        "text": "2 Steps:",
                        "type": "text"
                      },
                      {
                        "text": " 8% then 5%, with a 5% daily loss limit. The maximum loss is 10% in the first phase and 8% after that. Prices run from $79 for $5K to $799 for $100K.",
                        "type": "text"
                      }
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                        "text": "1 Step:",
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                      {
                        "text": " a 10% target, a 4% daily limit and a 6% maximum loss, from $99 for $5K to $1,399 for $150K.",
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                "content": [
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                        "text": "Instant:",
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                      {
                        "text": " no target, a 3% daily limit and a 6% maximum loss, in sizes from $2,500 ($129) to $10,000 ($449).",
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          {
            "content": [
              {
                "text": "Every limit is a fixed share of the starting balance. The overall floor never moves, and the daily limit resets at midnight UTC+8. Floating losses count. There's no minimum day count or time limit, and you need to close every position before moving to the next stage.",
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                "text": "Rules worth knowing",
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          {
            "content": [
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                "content": [
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                    "content": [
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                        "text": "Leverage is 1:5 on every program.",
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              {
                "content": [
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                    "content": [
                      {
                        "text": "Bots, EAs, hedging, copy trading and running several profiles are all banned.",
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                    "content": [
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                        "text": "Weekend and news trading are allowed.",
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                        "text": "Only the 2-step fee is refunded, and only after three clean payouts.",
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            "content": [
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                "text": "Getting paid",
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            "content": [
              {
                "text": "Challenge accounts pay 80%, instant accounts 60%. Instead of a fixed cycle you set your own profit split day anywhere from 2 to 60 days out, and you can change it up to three times a month. Each account can take up to two payouts per 30 days, dropping to one a month after ten payouts. Instant accounts pay once a month. Payouts go out in USDT on ERC-20, BEP-20 or TRC-20 and are processed within 24 hours of your split day.",
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      "website_url": "https://www.bitfunded.com",
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        "Over 100 crypto pairs"
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        "Leverage capped at 1:5",
        "Bots, hedging and copy trading banned",
        "Instant accounts pay only 60%",
        "Fee refund only on the 2-step, after three payouts"
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          "id": "1-step-5k",
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            "content": [
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                "text": "Bitfunded is a crypto-only prop firm with a small but mostly positive review record: 4.6 on Trustpilot from about 190 reviews. That pool is thin compared with the bigger firms, and Forex Peace Army has a page with no score. The praise is about support and quick USDT payouts. The criticism is less about whether payouts arrive and more about how much of a payout survives the firm's review.",
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                        "text": " Reviewers mention the cheap starting price and a dashboard that tracks targets and drawdown clearly.",
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                        "text": " Several reviewers say the risk team cut a payout by 50% to 70%, citing trades without both stop loss and take profit, or margin use the trader disputes. They say these decisions are final and the replies read like a script.",
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                        "text": "Rules they did not see at purchase.",
                        "type": "text"
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                      {
                        "text": " One Forex Peace Army reviewer says a rule was applied after the withdrawal request, and that an approved payout never reached their wallet.",
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                        "text": " Some mention iOS issues, slowness at busy times, and the 5x leverage cap.",
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                      {
                        "text": " One trader describes a video KYC interview before a later payout.",
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                "text": "Recently",
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                        "text": "July 2026:",
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                      {
                        "text": " a Forex Peace Army reviewer says a withdrawal marked as approved was never sent on chain.",
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                    "content": [
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                        "text": "July to September 2026:",
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                        "text": " named traders report payouts arriving, several within a day.",
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                        "text": "September 2026:",
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                      {
                        "text": " The Industry Spread says the terms give conflicting profit split figures (80% and 90%), and reports reviewers saying support asked them to remove or update negative reviews.",
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                "text": "Where this comes from",
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                        "text": "Trustpilot",
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                        "text": ": the firm's main review page.",
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                        "text": "Forex Peace Army",
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                        "text": ": trader write-ups, including a payout dispute.",
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                        "text": "Prop Firm Match",
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                        "text": ": unlisted firm page with community reports.",
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                        "text": "Reddit thread",
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                        "text": ": crypto prop firm discussion that mentions Bitfunded.",
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                        "text": "The Industry Spread",
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      "seo_title": "Bitfunded: crypto prop challenge prices, rules and payouts",
      "seo_description": "Bitfunded sells 2-step, 1-step and instant crypto prop accounts from $79, with static loss limits, 1:5 leverage, an 80% split and USDT payouts on your own day.",
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      "name": "IC Funded",
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            "content": [
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                "text": "IC Funded is a forex and CFD prop firm run by IC Funded Evaluations Ltd in Saint Lucia, with a sister company in Limassol, Cyprus, handling distribution. You trade forex, indices, commodities and a little crypto on MT5 or cTrader. It suits day traders who close out before the weekend and want a familiar two-step with a fixed floor.",
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                "text": "How the evaluation works",
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                        "text": "IC Funded Professional (2-step):",
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                      {
                        "text": " 10% then 5%, with a 5% daily drawdown and a 10% maximum drawdown fixed to the starting balance. Each phase needs 3 active days. It runs from $74 for $5K to $2,999 for $500K.",
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                        "text": "IC Funded Accelerated (1-step):",
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                        "text": " a 10% target, a 3% daily drawdown and a 6% maximum, also with 3 active days. Sizes go from $10K ($154) to $100K ($809).",
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                        "text": " no evaluation. The maximum drawdown is 5% from your highest end-of-day equity and the daily limit is 3% of the previous day's closing equity. From $109 for $5K to $879 for $100K.",
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                "text": "Rules worth knowing",
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                        "text": "Weekend holding isn't allowed on any program.",
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                    "content": [
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                        "text": "News trading is open during the challenges, but funded accounts can't trade within 3 minutes of a release. Instant accounts can't trade news at all.",
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                        "text": "Instant accounts carry a 20% consistency rule and only allow EAs you've built yourself.",
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                        "text": "Leverage on the 2-step is 1:50 on forex, 1:20 on indices and commodities and 1:2 on crypto. The 1-step and instant accounts get up to 1:30 on forex.",
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                "text": "Getting paid",
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                "text": "Challenge accounts pay up to 90%, instant accounts 80%. Payouts run on 14-day cycles. You need 5 profitable days before your first payout, 3 before the second and none after that. The challenge fee comes back after your third payout. The site doesn't list payout methods on its public pages.",
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                "text": "IC Funded, the prop firm tied to the broker IC Markets, has a small and divided review record. Trustpilot showed 2.5 from about 110 reviews in mid-2026, and a review site that checked the page in September found 3.0 from 158, with almost as many one-star reviews as five-star ones. Older review sites quote 4.4 to 4.6 from far fewer reviews, so treat any single number with care. The firm relaunched under new management in May 2026, which means much of the feedback predates the current setup. Forex Peace Army and Prop Firm Match have pages on it but no score, and Prop Firm Match lists it as unlisted.",
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                        "text": "July to September 2026:",
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                        "text": " review sites checking in July and September note the same pattern of complaints about terminations after payout requests, alongside positive reports from traders who were paid. The September Trustpilot check found the score around 3.0.",
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          {
            "content": [
              {
                "text": "Funded Futures Network sits at 3.8 on Trustpilot from about 500 reviews. That's a clear drop: review sites quoted 4.6 to 4.7 from around 400 reviews in February to April 2026, then 4.2 in June. Most reviewers still praise fast support and same-day payouts, but recent low reviews about slow payouts and platform trouble have pulled the score down. Reddit discussion is thin. Watch out for Funded Futures Family, a different firm with a similar name whose complaints sometimes get mixed up with this one.",
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                "text": "What traders like",
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                        "text": "Support that answers in minutes.",
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                      {
                        "text": " This is the most common praise on Trustpilot, and reviewers often name individual staff who helped them.",
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                "content": [
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                        "text": "Same-day payouts.",
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                      {
                        "text": " Many reviewers say withdrawals landed the day they asked.",
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                "content": [
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                    "content": [
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                        "marks": [
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                        "text": "Free data and Rithmic logins.",
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                      },
                      {
                        "text": " Traders like being able to use the platform they already know without paying for data.",
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                      }
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                    "content": [
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                        "text": "Forgiving drawdown.",
                        "type": "text"
                      },
                      {
                        "text": " Some point to the end-of-day or end-of-trade drawdown as easier to live with than intraday trailing.",
                        "type": "text"
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                "text": "Common complaints",
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                "content": [
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                    "content": [
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                        "text": "Payouts slower than advertised.",
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                      {
                        "text": " Several recent Trustpilot reviewers say requested payouts sat for weeks despite the same-day promise.",
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              {
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                        "text": "Platform problems.",
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                      {
                        "text": " Some say the firm's own web platform freezes or lags, and one Reddit poster describes an order that stayed open after being cancelled.",
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              },
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                    "content": [
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                        "text": "Closures and strict rules.",
                        "type": "text"
                      },
                      {
                        "text": " A few traders say accounts were closed for hedging across accounts or for rules they didn't expect, and some find the news and consistency rules tight.",
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                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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            "content": [
              {
                "text": "Recently",
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            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
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                          }
                        ],
                        "text": "July 2026:",
                        "type": "text"
                      },
                      {
                        "text": " the firm retired its older OG and MAX Express accounts, leaving Standard, Express and the newer Steady route.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              {
                "content": [
                  {
                    "content": [
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                        "marks": [
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                        "text": "September to October 2026:",
                        "type": "text"
                      },
                      {
                        "text": " new one-star reviews about delayed payouts, including one for a payout requested on 9 September. Review sites put the Trustpilot score at 3.8 in early October.",
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                      }
                    ],
                    "type": "paragraph"
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              }
            ],
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            "attrs": {
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            "content": [
              {
                "text": "Where this comes from",
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                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                            "attrs": {
                              "class": null,
                              "href": "https://www.trustpilot.com/review/fundedfuturesnetwork.com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the firm's review page, the largest pool of reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
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                            },
                            "type": "link"
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                        ],
                        "text": "Reddit search",
                        "type": "text"
                      },
                      {
                        "text": ": a few threads in r/PropFirmTester about payouts and platform problems.",
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                "content": [
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                    "content": [
                      {
                        "marks": [
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "PropFirmMap",
                        "type": "text"
                      },
                      {
                        "text": ": a review site that tracks the Trustpilot score.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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      "seo_title": "Funded Futures Network: STEADY and MAX rules, payouts",
      "seo_description": "Funded Futures Network sells one-time futures evaluations from $148, with end-of-day drawdown, 80% to 90% splits, Rithmic data and same-day payouts.",
      "logo": "/logos/funded-futures-network.png",
      "updated_at": "2026-10-06T18:17:27.606104Z"
    },
    {
      "slug": "boxcar-trading",
      "name": "Boxcar Trading",
      "tagline": "One-day-pass futures evaluations on Rithmic with a free Chicago trading VPS.",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "Boxcar Trading is a newer New York futures prop firm run by Boxcar Trading Group LLC. Every account runs on Rithmic, so you can use NinjaTrader, Quantower, Sierra Chart, ATAS and several other platforms, and each one comes with a free Chicago VPS. It suits intraday futures traders who want a cheap one-time evaluation they can pass quickly.",
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              }
            ],
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          {
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            "content": [
              {
                "text": "How the evaluation works",
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              }
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            "content": [
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                "content": [
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                        "text": "Boxcar Prime:",
                        "type": "text"
                      },
                      {
                        "text": " one step with a 6% target (5% on the $25K), an end-of-day trailing maximum loss of 3% to 4%, no daily loss limit and no consistency rule. You can pass in a single day.",
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                      }
                    ],
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            "content": [
              {
                "text": "Boxcar also lists a FLEX track with no funded consistency rule, a daily-payout track and a straight-to-funded option.",
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            "content": [
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                "text": "Rules worth knowing",
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                    "content": [
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                        "text": "The funded account adds a 40% consistency rule.",
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                "content": [
                  {
                    "content": [
                      {
                        "text": "Once the initial trail is cleared, the funded daily loss limit becomes 60% of your peak end-of-day profit.",
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              {
                "content": [
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                    "content": [
                      {
                        "text": "Position size is capped per account, from 2 minis on the $25K to 10 on the $150K.",
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                    "content": [
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                        "text": "Fees are one-time and don't renew. There's no activation fee after you pass.",
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            "content": [
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                "text": "Getting paid",
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            "content": [
              {
                "text": "Funded accounts pay a 90% split. Each funded Prime account has a small payout target, from $250 on the $25K to $1,000 on the $150K, and you can be paid after three days. After five payouts you can be considered for a live account backed by Boxcar's own capital, but selection isn't automatic. Payouts go by ACH in the US, Canada and abroad, or in crypto.",
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      "website_url": "https://boxcartrading.com",
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        "Free Chicago VPS with every account",
        "Works with many Rithmic platforms"
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        "40% consistency rule in the funded account",
        "Small first payout targets cap early withdrawals",
        "Live account selection is discretionary"
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        {
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      "seo_title": "Boxcar Trading review: Prime evaluation rules and payouts",
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    {
      "slug": "shark-futures",
      "name": "Shark Futures",
      "tagline": "Low-cost futures evaluations and instant accounts, all with end-of-day drawdown.",
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        "content": [
          {
            "content": [
              {
                "text": "Shark Futures is a futures prop firm run by UAB Propfirms in Vilnius, Lithuania. It sells one-time evaluations and instant funded accounts for CME products, traded on Volumetrica or Tradesea with a Rithmic feed. It suits day traders who want end-of-day drawdown, no activation fee and a choice between passing a test or skipping it.",
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            "content": [
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                "text": "How the evaluation works",
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                        "text": "Basic:",
                        "type": "text"
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                      {
                        "text": " a 6% target, no daily loss limit, a 40% consistency rule and an end-of-day trailing drawdown of 3% to 4%. You need at least three trading days.",
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              {
                "content": [
                  {
                    "content": [
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                      {
                        "text": " the same 6% target with a daily loss limit of 2.5% and no consistency rule, so you can pass in one day. The drawdown is a little wider on the larger sizes.",
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                        "text": "Instant Pro:",
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                      {
                        "text": " no evaluation. A trailing end-of-day drawdown of 4% to 5%, a 3% daily limit on most sizes and a 20% consistency rule for payouts.",
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            "content": [
              {
                "text": "Evaluations have to be passed within 30 days. Resets are available.",
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                "text": "Rules worth knowing",
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                    "content": [
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                        "text": "All trades close by 4:15pm ET and nothing is held over the weekend.",
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              {
                "content": [
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                    "content": [
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                        "text": "News trading is allowed, but news straddling with opposing orders isn't.",
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              {
                "content": [
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                    "content": [
                      {
                        "text": "Hedging is banned, including across your own accounts or another firm.",
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              {
                "content": [
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                    "content": [
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                        "text": "Bots need approval. HFT, tick scalping and arbitrage are banned.",
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              {
                "content": [
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                    "content": [
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                        "text": "Copy trading your own accounts is fine. Up to five accounts at once.",
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                "text": "Getting paid",
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                "text": "Every account pays 90%. Once funded, every account follows a 35% consistency rule and needs six qualifying days of $150 profit or more before each payout. Instant accounts need eight qualifying days and a 20% rule. The minimum request is $250. Requests are reviewed within 24 hours and paid through Rise, which offers bank transfer, crypto and some e-wallets.",
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        "End-of-day drawdown on every plan",
        "News trading allowed on all accounts",
        "Instant accounts skip the evaluation"
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        "35% consistency rule on funded payouts",
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            "content": [
              {
                "text": "4PropTrader has a small review footprint for a firm offering both futures and CFD accounts. Trustpilot shows a 4-star rating from roughly 55 to 61 reviews, and notes it has removed a number of fake reviews from the page. Forex Peace Army has a page with long complaints but no score in our evidence, and Prop Firm Match lists the firm as unlisted and not yet vetted. The positive side is thin and partly comes from the firm's own testimonials, so the low reviews carry more weight here than usual.",
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                        "text": " One longer Trustpilot review says the futures platform and data feed run smoothly, while being less happy with the CFD side.",
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                        "text": " Several reviewers on Trustpilot and Forex Peace Army say later payouts were rejected under the 40% consistency rule after the first ones went through, and that compliance decisions are presented as final.",
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                        "text": " Some reviewers say support gives vague answers, and a 2025 Reddit thread warns of a payout that ran past the stated processing window.",
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                "text": "We found no dated trader reviews from the last 90 days. A review site piece from late September 2026 points out that the $900 minimum payout is also the early payout cap.",
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                "text": "Where this comes from",
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                        "text": "Trustpilot",
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                        "text": ": the firm's main review page, a small pool of reviews.",
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                        "text": "Forex Peace Army",
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                        "text": ": trader complaints about rejected payouts.",
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                        "text": "Prop Firm Match",
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      "seo_title": "4PropTrader review: futures and CFD evaluation rules",
      "seo_description": "4PropTrader sells futures evaluations from EUR 109 a month and one-step CFD challenges from EUR 159, with a 95% split after the first $8,000, paid weekly.",
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                "text": "Winbance is a London-based futures prop firm that's been running since 2022 and has a large Spanish-speaking following. It sells two one-step challenges and two instant account types, covering index, energy and metals futures. It suits traders who want a cheap one-step test or a straight-to-funded account and are happy to trade off payout speed against split.",
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                        "text": "Challenge Edge:",
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                        "text": " a 6% target, a 2% daily loss limit, a 4% drawdown that trails at end of day and a 50% consistency rule. At least three trading days, no more than 45.",
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                        "text": "Challenge Flex:",
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                        "text": " the same 6% target and 4% drawdown, but measured intraday, with no daily loss limit and no consistency rule. Same 3 to 45 day window.",
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                      {
                        "text": " no evaluation. A 4% end-of-day drawdown (5% on the $10K), a 2% daily loss limit and a 50% consistency rule.",
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                        "text": "Direct Pass Freedom:",
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                        "text": " no evaluation, no daily loss limit and no consistency rule, with the same end-of-day drawdown. Sizes stop at $50K.",
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                        "text": "On Edge and Direct Pass, your best winning day can't be more than 50% of the account's drawdown value.",
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                "text": "Getting paid",
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            "content": [
              {
                "text": "On the challenges you choose your pace: 80% if you take payouts every two weeks, or 60% if you want them weekly. Instant accounts pay 50% on the first reward and 80% from the second, with on-demand requests. Winbance says requests are processed within 48 hours.",
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                "text": "Winbance is a small futures prop firm with a London address and a mostly Spanish-speaking customer base, and there isn't much written about it. Its Trustpilot page shows 4.3 from about 340 reviews, though a 2025 review site counted about one in five reviews there as one star. Elsewhere the evidence is thin: one Forex Peace Army complaint thread, three user reviews on Scamadviser averaging 1 out of 5, and passing mentions on Reddit. Prop Firm Match lists it as unlisted with no reviews.",
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                        "text": " Reddit posters and review sites mention the low prices and the option to skip the evaluation with a Direct Pass account.",
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                        "text": "Responsive support.",
                        "type": "text"
                      },
                      {
                        "text": " Several positive reviews praise support for answering quickly.",
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                      }
                    ],
                    "type": "paragraph"
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                ],
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            ],
            "type": "bulletList"
          },
          {
            "attrs": {
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            "content": [
              {
                "text": "Common complaints",
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            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
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                        "text": "Withdrawals not paid.",
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                      },
                      {
                        "text": " The most serious complaints on Trustpilot and Forex Peace Army say payout requests went unanswered for weeks or months, or were denied and the account blocked after passing.",
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                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
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                        "text": "Pressure over reviews.",
                        "type": "text"
                      },
                      {
                        "text": " One Trustpilot reviewer says the firm offered to process a withheld payout only after a negative review went up.",
                        "type": "text"
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                    ],
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                ],
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              },
              {
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                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Refunds refused.",
                        "type": "text"
                      },
                      {
                        "text": " A Spanish-language reviewer says they were charged for accounts they didn't have and then denied a refund.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Support quality and data feed.",
                        "type": "text"
                      },
                      {
                        "text": " A Trustpilot reviewer describes machine-translated support replies, unclear rules in the FAQ and an unreliable market data connection.",
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                    ],
                    "type": "paragraph"
                  }
                ],
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            ],
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            "attrs": {
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            "content": [
              {
                "text": "Recently",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                          }
                        ],
                        "text": "July to September 2026:",
                        "type": "text"
                      },
                      {
                        "text": " the Trustpilot score edged up from 4.2 in July to 4.3 in September on review sites that track it. The newest low reviews on Trustpilot, as of late July, still centre on unpaid withdrawals and support.",
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                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
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            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
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            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.trustpilot.com/review/winbance.com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
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                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the main review page and nearly all of the evidence.",
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                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.forexpeacearmy.com/community/threads/estafa-de-winbance-empresa-de-fondeo.89522/",
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": a complaint thread about a denied payout.",
                        "type": "text"
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                    ],
                    "type": "paragraph"
                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
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                            "type": "link"
                          }
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                        "text": "Scamadviser",
                        "type": "text"
                      },
                      {
                        "text": ": three user reviews and an automated site check.",
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                      }
                    ],
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                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                            "attrs": {
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit search",
                        "type": "text"
                      },
                      {
                        "text": ": brief mentions in futures prop firm threads.",
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      "seo_title": "Winbance review: Edge, Flex and Direct Pass futures rules",
      "seo_description": "Winbance sells one-step futures challenges from $99 and instant Direct Pass accounts from $190, with a 6% target, 4% drawdown and up to 80% of rewards.",
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    },
    {
      "slug": "deluxe-trader-funding",
      "name": "Deluxe Trader Funding",
      "tagline": "Low monthly futures qualification accounts with a ten-day minimum and weekly payouts.",
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          {
            "content": [
              {
                "text": "Deluxe Trader Funding is a small futures prop firm run by Deluxe Productions, LLC. It sells three monthly qualification accounts on Rithmic, and passing leads to a \"Forza\" account where you're paid on performance. It suits patient futures traders who don't mind a ten-day minimum and want a cheap monthly entry.",
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                "text": "How the evaluation works",
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                        "text": "Starter, Pro and Elite:",
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                      {
                        "text": " $50K, $100K and $150K accounts, each with a 6% target. The drawdown is $2,000, $3,000 and $4,500, trailing your peak balance in real time, including open profit. You need at least ten trading days and there's no maximum.",
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                "text": "Passing costs a one-time activation fee of $149, $249 or $499 for the Forza account. There, the drawdown is $2,600 to $4,600 and stops trailing once it reaches the starting balance plus $100.",
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                "text": "Rules worth knowing",
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                        "text": "All positions must be closed by 3:59pm CT, or they're closed for you. Holidays and weekends don't count as trading days.",
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                        "text": "Forza accounts have no reset. Breach the drawdown and the account is closed.",
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                        "text": "The subscription renews every 30 days until you cancel. A breached account resets free at the next billing date.",
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        "Failed accounts reset free at the next billing date",
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        "Activation fee of $149 to $499 after passing",
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      "seo_title": "Deluxe Trader Funding: futures plans, rules and payouts",
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      "tagline": "Futures evaluations on four account lines, from one-time Spark to daily-paid accounts.",
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            "content": [
              {
                "text": "Phoenix Trader Funding is a futures prop firm that runs four separate account lines instead of one evaluation. You trade CME group futures on its own platform, Odin, or copy in from the platform you already use. It suits intraday futures traders who want a cheap way in or want paying every trading day.",
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                "text": "How the evaluation works",
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                        "text": "Classic ($25K to $100K):",
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                        "text": " a 6% target, an end-of-day trailing drawdown of $1,500 to $3,000, no daily loss limit and two minimum days. Billed monthly until you pass.",
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                        "text": "Daily ($10K to $50K):",
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                        "text": " the same 6% target and end-of-day drawdown, two minimum days, also billed monthly.",
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                        "text": "Spark ($10K and $25K):",
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                        "text": " a one-time fee, a 6% target, a $400 or $1,000 drawdown and a single minimum day. There's a $29 activation fee once you pass.",
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                "text": "Rules worth knowing",
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                        "text": "Classic and Daily challenges carry a 50% consistency rule. Spark has none while you pass, then 30% once funded.",
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                        "text": "Funded Spark accounts trail the drawdown in real time.",
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                        "text": "Nothing can be held overnight or over a weekend, on any account.",
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                        "text": "News trading is allowed everywhere, FOMC and NFP included.",
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                        "text": "There's no time limit, though a Spark challenge with no trades for 90 days is disabled.",
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                "text": "Classic pays 90% weekly, with the first payout five trading days in. Spark pays 90% bi-weekly and Daily pays 80% every trading day. Each line has a per-payout cap, from $200 to $2,000 depending on size. After four payouts (or a set total on Daily) you can move to a live account with EdgeClear on a static drawdown. Payouts go out by Payoneer, Wise or PayPal, never crypto.",
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          "id": "daily-50k",
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          "id": "spark-10k",
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            6
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          "scale": 5,
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          "url": "https://www.trustpilot.com/review/phoenixtraderfunding.com",
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        {
          "source": "other",
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          {
            "content": [
              {
                "text": "Phoenix Trader Funding, a futures firm based in Paris, has a small but positive review record: 4.6 on Trustpilot from about 240 reviews. The firm invites customers to review and has replied to every negative review there. Beyond Trustpilot the evidence is thin. Its Forex Peace Army page has no reviews yet, Prop Firm Match lists it as unlisted, and we found no Reddit discussion.",
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                "text": "What traders like",
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                        "text": "Fast payouts.",
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                      {
                        "text": " Several Trustpilot reviewers say payout requests were processed within minutes, with PayPal mentioned often.",
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                    "content": [
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                        "text": "Support and access to the CEO.",
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                      {
                        "text": " Reviewers on Trustpilot and PropTradingFirms.net praise prompt support and say the CEO is visible and answers questions.",
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                        "text": "Cheap and quick to start.",
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                      {
                        "text": " Some say accounts are inexpensive and can be funded within a day.",
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                "content": [
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                    "content": [
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                        "text": "The Merit plan and performance reviews.",
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                      {
                        "text": " A few single out the Merit plan and the feedback the firm gives after a failed challenge.",
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                "text": "Common complaints",
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                        "text": "Fees and payout rules.",
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                      {
                        "text": " A few reviewers say evaluation fees are high and withdrawal rules strict, including consistency requirements.",
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                        "text": "Trouble at the first big payout.",
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                        "text": " One trader quoted by a review site says problems started once they asked to withdraw after a strong start.",
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                "text": "The low reviews are few, so these are isolated reports rather than clear patterns.",
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            "content": [
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                "text": "Recently",
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            "content": [
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                "content": [
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                    "content": [
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                        "text": "August 2026:",
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                      {
                        "text": " a review site summarising Trustpilot payout reviews found mostly fast payouts, with a couple of traders unhappy about fees and withdrawal rules.",
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            "content": [
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                "text": "Where this comes from",
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                        "text": "Trustpilot",
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                        "text": ": the firm's main review page.",
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                        "text": "PropTradingFirms.net",
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                        "text": ": user comments, mostly from 2025.",
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                        "text": "Propvator",
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                        "text": ": a summary of payout reviews.",
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      "seo_title": "Phoenix Trader Funding: Classic, Daily and Spark rules",
      "seo_description": "Phoenix Trader Funding sells futures evaluations from $44 with end-of-day drawdown, no daily limit, 80% to 90% splits and weekly or daily payouts.",
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    },
    {
      "slug": "swiss-firmup",
      "name": "Swiss Firmup",
      "tagline": "Swiss-registered futures prop firm with one-time evaluations and end-of-day drawdown.",
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        "content": [
          {
            "content": [
              {
                "text": "Swiss Firmup is a futures prop firm run by Arcadia Sàrl from Sion, Switzerland, out of the same building as a local trading school. You trade CME, CBOT, COMEX and NYMEX contracts on a dxFeed account, through TradingView, Deepchart, ATAS or Quantower. It suits intraday futures traders who want one-time pricing, no daily loss limit and a company they can look up in a commercial register.",
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            "content": [
              {
                "text": "How the evaluation works",
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            "content": [
              {
                "text": "There's one evaluation, sold two ways, in $50K, $100K, $200K and $300K sizes.",
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                        "text": "Classic:",
                        "type": "text"
                      },
                      {
                        "text": " from $49. Hit the target ($3,000 on the $50K, up to $9,000 on the $300K) without touching an end-of-day drawdown of $2,000 to $3,500. Then pay $99 to activate the funded account.",
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                        "text": "Pack Pro:",
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                      {
                        "text": " from $119, with the funded activation included, so you move straight across once you pass.",
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            "content": [
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                "text": "Neither has a daily loss limit. Restarts are a one-off discounted payment, not a subscription.",
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            "content": [
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                "text": "Rules worth knowing",
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          {
            "content": [
              {
                "content": [
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                    "content": [
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                        "text": "You have 30 calendar days to pass.",
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              {
                "content": [
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                    "content": [
                      {
                        "text": "A 50% consistency rule applies to the evaluation. A big day pushes your target up instead of failing you.",
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                "content": [
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                    "content": [
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                        "text": "Positions must be closed five minutes before the session ends. Nothing overnight.",
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                    "content": [
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                        "text": "News trading is allowed without restriction.",
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                    "content": [
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                        "text": "Hedging, on one account or across several, can get you closed.",
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                    "content": [
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                        "text": "You can hold up to five funded accounts.",
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            "content": [
              {
                "text": "Getting paid",
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          {
            "content": [
              {
                "text": "You keep 90% from the first payout. To qualify you need five profitable days in the cycle, each above a minimum ($150 on the $50K, up to $300 on the $300K), and the counter resets after each payout. You can withdraw up to 50% of profits per request, from $200 up to a cap of $2,000 to $3,500 depending on size. Payouts go through Rise within one to eight business days.",
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        {
          "id": "pack-pro-100k",
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          "refundable_fee": false
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        {
          "id": "pack-pro-200k",
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        {
          "id": "pack-pro-300k",
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          "price": 249,
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          "profit_targets": [
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          "max_loss_pct": 1.17,
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          "payout_frequency": "After 5 profitable days per cycle",
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      "trustpilot_rating": 4,
      "trustpilot_reviews": 5,
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          "rating": 4,
          "scale": 5,
          "count": 5,
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          {
            "content": [
              {
                "text": "Swiss Firmup launched in early 2026 and has almost no trader feedback yet. Its Trustpilot page shows 4.0 from 5 reviews, and Trustpilot notes the firm hasn't invited customers to review recently. The firm's own homepage claims 4.3 from 14 Trustpilot reviews, which doesn't match what Trustpilot shows. We found no Reddit threads, no Forex Peace Army reviews and no independent trader reviews elsewhere, so treat everything below as a very early read.",
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                "text": "What traders like",
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                        "text": "Price and rules.",
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                        "text": " The handful of reviews, mostly in French, call the prices competitive and the rules flexible.",
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                        "text": "Support.",
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                      {
                        "text": " Reviewers describe the team as responsive.",
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                        "text": "The platform.",
                        "type": "text"
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                        "text": " One reviewer finds the dashboard simple and intuitive.",
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                "text": "Common complaints",
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            "content": [
              {
                "text": "None show up in what we found. With five reviews that tells you very little.",
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                "text": "Nothing dated in the last 90 days beyond the Trustpilot page, which still had 5 reviews in September 2026.",
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                "text": "Where this comes from",
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                        "text": "Trustpilot",
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                        "text": "Swiss Firmup homepage",
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                        "text": ": where the firm shows a selection of Trustpilot reviews and its own rating claim.",
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      "seo_title": "Swiss Firmup review: futures evaluations, rules, payouts",
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            "content": [
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                "text": "IQ Capital is a UAE-incorporated prop firm founded by trading championship winner Christoph Radecker. It sells one-phase challenges for crypto and CFDs on MT5, and a separate futures line on dxFeed platforms such as Quantower, ATAS and Deepchart. It suits traders who size small, since a per-trade risk cap shapes everything.",
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                "text": "How the evaluation works",
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                        "text": "Core Challenge, crypto and CFDs ($50K to $200K):",
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                        "text": " an 8% target and a 6% trailing drawdown (5% on the $200K), with no daily loss limit.",
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                        "text": "Core Challenge, futures ($50K and $100K):",
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                        "text": " a 6% target and a 6% end-of-day trailing drawdown. A daily-loss-limit version swaps in a tighter drawdown plus a daily cap of $1,000 or $1,500.",
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                        "text": " a 6% target, a 40% consistency rule while you pass and an 80% split with faster payouts once funded.",
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                "text": "Rules worth knowing",
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                "text": "The split is up to 90%, or 80% on Rapid. Your first payout comes after ten active trading days, and each later one needs ten more days and fresh profit. You can take up to 50% of profits per request, with caps that rise from $1,500 on a $50K account.",
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                "text": "IQ Capital is a young firm, launched in 2025, and almost all of its review history sits on Trustpilot, where it scores 4.7 from about 550 reviews. That count has roughly doubled since July 2026, so most reviews are recent and many come from traders still early in their first challenge. Reddit discussion is light. Trustpilot shows a notice that the company may be associated with high-risk investments, and one of its listings noted the firm had not replied to negative reviews. Do not confuse it with IQ Capital Invest, a separate business that Germany's BaFin warned about in 2024.",
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                        "text": "Trustpilot",
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                        "text": "Reddit thread",
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                        "text": ": trader experiences in r/PropFirmTester, August 2026.",
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      "seo_title": "IQ Capital review: crypto, CFD and futures challenges",
      "seo_description": "IQ Capital runs one-phase crypto, CFD and futures challenges from $195, with an 8% or 6% target, trailing drawdown, a 90% split and a soft-breach rule.",
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      "updated_at": "2026-10-06T18:17:27.606104Z"
    },
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      "slug": "day-trader-funding",
      "name": "Day Trader Funding",
      "tagline": "One-time futures evaluation with fixed drawdown, no daily loss limit and day-one payouts.",
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        "content": [
          {
            "content": [
              {
                "text": "Day Trader Funding (DTF) is a futures prop firm backed by DTR Trading LLC, a trading coaching business that's been running since 2020. It's a solo-founder operation that sells one evaluation, paid once, on CME, CBOT, NYMEX and COMEX contracts through Volumetrica. It suits intraday futures traders who like a fixed loss line while they prove themselves and want paying early once funded.",
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            "content": [
              {
                "text": "How the evaluation works",
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                        ],
                        "text": "Evaluation (50K, 100K, 150K):",
                        "type": "text"
                      },
                      {
                        "text": " a 6% target and a fixed drawdown that doesn't trail: $2,000, $3,000 or $4,500. No daily loss limit, no consistency rule, no time limit, and at least three qualifying days.",
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                      }
                    ],
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                  }
                ],
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              }
            ],
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          },
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            "content": [
              {
                "text": "A qualifying day needs at least $100 of realized profit or loss. List prices are $247.50 to $597.50, though the site has been running 60% off. Resets cost $79 to $169, and you can buy bundles that include resets or coaching.",
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              }
            ],
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            "content": [
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                "text": "Rules worth knowing",
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                "content": [
                  {
                    "content": [
                      {
                        "text": "Positions must be closed by 4:59pm ET. Nothing overnight or over the weekend.",
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                      }
                    ],
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                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "text": "News trading is allowed, FOMC and NFP included.",
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                      }
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                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "text": "Once funded, the drawdown trails intraday until your profit clears the buffer, then switches to end-of-day trailing.",
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                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              },
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                "content": [
                  {
                    "content": [
                      {
                        "text": "Copying trades across accounts can trigger a review.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "text": "An account with no trades for 28 days loses its data feed.",
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                      }
                    ],
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                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
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            "attrs": {
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            "content": [
              {
                "text": "Getting paid",
                "type": "text"
              }
            ],
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            "content": [
              {
                "text": "You keep 80%. Funded activation is free and you can request a payout from your first funded day. After that you need three new green days of $100 or more, and new profit above your last payout, before asking again. You get four payout slots a month, no more than one per account every seven days, with a $100 minimum. Caps start at $500 to $1,500 and rise as you rack up green days. Payouts go through Rise, and strong traders move on to live capital.",
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        "Static drawdown during the evaluation",
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        "Free funded activation and day-one payout eligibility",
        "Fixed, low reset prices"
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      "cons": [
        "Funded drawdown trails intraday until the buffer clears",
        "Payout caps start low and rise with green days",
        "Single platform (Volumetrica)"
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          "id": "eval-100k",
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          "payout_frequency": "Up to 4 per month, 7 days apart",
          "first_payout_days": null,
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          "id": "eval-150k",
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          "drawdown_type": "static",
          "profit_split_pct": 80,
          "payout_frequency": "Up to 4 per month, 7 days apart",
          "first_payout_days": null,
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      "seo_title": "Day Trader Funding: futures evaluation rules and payouts",
      "seo_description": "Day Trader Funding sells one-time futures evaluations at 50K, 100K and 150K with a 6% target, fixed drawdown, an 80% split and payouts via Rise from day one.",
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      "slug": "legacy-funded-futures",
      "name": "Legacy Funded Futures",
      "tagline": "Community-led futures prop firm on DXTrade with one-time evaluations and live sessions.",
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        "content": [
          {
            "content": [
              {
                "text": "Legacy Funded Futures is a futures prop firm built around its community. Its Discord has thousands of members and runs more than 20 free live trading sessions a week, led by creators such as Mamba FX and Luca No Limits. You trade CME futures on DXTrade, with TradingView available as a charting front end. It suits newer futures traders who want people to trade alongside, and don't mind a single execution platform.",
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            ],
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            "content": [
              {
                "text": "How the evaluation works",
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            ],
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          {
            "content": [
              {
                "text": "All three lines come in 50K, 100K and 150K sizes and use an end-of-day trailing drawdown.",
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            ],
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          {
            "content": [
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                "content": [
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                    "content": [
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                        "text": "Rise:",
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                      {
                        "text": " a 6% target and a $1,500 to $3,750 drawdown, from $99. A $99 activation fee applies once you pass.",
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                    ],
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                  }
                ],
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              {
                "content": [
                  {
                    "content": [
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                        "text": "Elite:",
                        "type": "text"
                      },
                      {
                        "text": " a 7% target, a $2,000 to $4,500 drawdown and a 2% daily loss limit once funded, from $199. Activation is $79.",
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                      }
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                  }
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              {
                "content": [
                  {
                    "content": [
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                        "text": "Instant Funded:",
                        "type": "text"
                      },
                      {
                        "text": " no evaluation. You need seven winning days of at least $250, under an end-of-day drawdown and a daily loss limit. From $449.",
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            ],
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          },
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            "content": [
              {
                "text": "Both evaluations need at least two trading days and must be passed within 60 calendar days. The pricing cards show one-time fees, though the How It Works page describes them as monthly, so check at checkout.",
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              }
            ],
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            "attrs": {
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            "content": [
              {
                "text": "Rules worth knowing",
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            "content": [
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                "content": [
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                    "content": [
                      {
                        "text": "No orders may be placed or closed within two minutes of high-impact news such as FOMC, NFP and CPI.",
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                      }
                    ],
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                  }
                ],
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                "content": [
                  {
                    "content": [
                      {
                        "text": "Everything has to be flat before the session ends. No overnight holds.",
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              {
                "content": [
                  {
                    "content": [
                      {
                        "text": "A consistency rule applies in both the evaluation and the funded account.",
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                "text": "Getting paid",
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          {
            "content": [
              {
                "text": "Rise pays up to 90% and Elite up to 95%. You need five funded trading days before your first request, then you can ask every 14 calendar days. The minimum is $250 and there's no hard cap. Payouts go out through Rise, usually within 24 hours.",
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              }
            ],
            "type": "paragraph"
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        "Two minimum days to pass",
        "Up to 95% split on Elite accounts",
        "Payouts processed within 24 hours, with no hard cap",
        "Free live trading sessions in a large Discord"
      ],
      "cons": [
        "Activation fee after passing on Rise and Elite",
        "Consistency rule in both evaluation and funded phases",
        "No trading within two minutes of major news",
        "DXTrade is the only execution platform"
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          "id": "rise-50k",
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          "steps": 1,
          "account_size": 50000,
          "price": 99,
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          "profit_targets": [
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          "min_trading_days": 2,
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          "id": "rise-100k",
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          "id": "rise-150k",
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        {
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            "content": [
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                "text": "Legacy Funded Futures has a small review footprint. It scores 4.4 on Trustpilot from 96 reviews, and Trustpilot notes the firm hasn't invited customers to review recently, so the page may not be representative. There are no Reddit threads or other review-site pages with trader reviews in our evidence, so the picture below rests on a handful of Trustpilot snippets and editorial write-ups.",
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                "text": "What traders like",
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                        "text": "Quick payouts.",
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                      {
                        "text": " Trustpilot reviewers mention first payouts arriving within minutes of approval.",
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              {
                "content": [
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                    "content": [
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                        "marks": [
                          {
                            "type": "bold"
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                        "text": "The community.",
                        "type": "text"
                      },
                      {
                        "text": " Several reviewers credit the Discord and the daily free live trading sessions for helping them improve.",
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                "content": [
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                    "content": [
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                        "marks": [
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                        "text": "Beginner-friendly evaluation.",
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                      {
                        "text": " Some say they passed within a week and found the platform easy to use.",
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                "text": "Common complaints",
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                "content": [
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                    "content": [
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                        "marks": [
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                        "text": "Few detailed complaints on record.",
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                      {
                        "text": " The negative Trustpilot reviews visible to us are thin. The firm replied to one by saying the reviewer had never been a customer.",
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                "content": [
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                    "content": [
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                        "text": "Payout rules that don't line up.",
                        "type": "text"
                      },
                      {
                        "text": " Review sites note the firm advertises no payout reviews, while its own help pages say payouts over $5,000 get a manual review and large single-trade profits trigger a check.",
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                "content": [
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                        "text": "Extra costs.",
                        "type": "text"
                      },
                      {
                        "text": " Review sites point out an activation fee on funding and a consistency rule published without a number, which makes the real cost and the payout bar hard to judge in advance.",
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            "attrs": {
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            "content": [
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                "text": "Recently",
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            "type": "heading"
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            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                        "text": "September 2026:",
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                      },
                      {
                        "text": " two review sites re-checked the rules and flagged the activation fee, the unquantified consistency rule and the mixed messaging on payout reviews. Recent Trustpilot reviews are mostly about quick first payouts.",
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                        "text": "Trustpilot",
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                        "text": ": the firm's only review-site page with a score.",
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                        "text": "PropFirmMap",
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                        "text": ": an editorial review of plans and rules, checked September 2026.",
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                        "text": "The Industry Spread",
                        "type": "text"
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                      {
                        "text": ": an editorial review covering the conflicting payout terms.",
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      "seo_title": "Legacy Funded Futures: Rise, Elite and Instant rules",
      "seo_description": "Legacy Funded Futures sells one-time futures evaluations from $99 on DXTrade, with end-of-day drawdown, up to 95% split and payouts via Rise every 14 days.",
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            "content": [
              {
                "text": "TradeFundrr is a New York funding firm for traders of US stocks and options. It was founded by Christian Bose, who spent more than 20 years in institutional trading, and it lists T3 Trading Group, a registered broker-dealer, as a strategic partner. It suits equity and options day traders who want size without sitting broker-dealer exams.",
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                "text": "How the evaluation works",
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                "text": "There are three paths, each offered for stocks and for options.",
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                        "text": "Pre-Prop:",
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                      {
                        "text": " a simulated evaluation with $100K of buying power for stocks or $25K for options. Pass it and you're promoted to a Prop account. It costs $599 once plus $99 a month.",
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                        "text": "Prop:",
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                        "text": " a funded account from day one, with $100K of buying power for stocks or $25K for options. It costs $1,499 once plus $99 a month, and the $1,499 comes back with your first payout.",
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                        "text": " an invite-only desk where you put up your own capital and get up to 20 times leverage on it.",
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                "text": "The site doesn't publish the Pre-Prop profit target or the loss limits for any account. Check them on the terms page before you buy.",
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                        "text": "On Pre-Prop and Prop accounts you never owe anything for trading losses, but hitting the loss limit ends the account.",
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                "text": "You keep 80% on every path. Prop and Pro traders can take a first payout in as little as five days, and after that payouts go out every Friday. Pre-Prop traders start earning once they're promoted.",
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        "One of few funding programs for US stocks and options",
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                "text": "TradeFundrr, a New York firm offering funded accounts in stocks, options and futures, has a small but mostly positive review base: 4.2 on Trustpilot from about 80 reviews. Its Forex Peace Army page has no reviews yet, and the rest of the evidence is a handful of Reddit threads, mostly from options traders. Some third-party sites quote a Trustpilot score from 14,000 reviews; that figure does not match the firm's own Trustpilot page and is ignored here.",
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                        "text": "Options trading.",
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                        "text": " Options traders, including 0DTE traders, say it is one of the few prop firms that lets them trade their style.",
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                        "text": "Clear, if strict, rules.",
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                        "text": " Reviewers and Reddit posters say the rules are tough but published plainly, and the dashboard is easy to follow.",
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                        "text": "Platform limits.",
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                        "text": " Options traders on Reddit say the Sterling platform makes it hard to manage exits, for example no stop orders on short options, and the mobile app is weak.",
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                        "text": "Products switched off.",
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                      {
                        "text": " Several reviewers say SPX and index options were unavailable for long stretches, with slow communication about it.",
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                        "text": " One Trustpilot reviewer says the drawdown amount was changed for existing users without notice.",
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                        "text": "Payout terms.",
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                        "text": " Some note the lifetime payout cap per account, the 80/20 split and a submission cutoff for the weekly payout cycle.",
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                "content": [
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                        "text": "September 2026:",
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                        "text": " recent Trustpilot reviews are mostly positive, citing quick payouts and repeat payouts. No new pattern of complaints shows up in the last 90 days.",
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                        "text": "Trustpilot",
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                        "text": ": the main review page.",
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                        "text": "Forex Peace Army",
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                        "text": ": page set up, no reviews yet.",
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                        "text": "Reddit search",
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                        "text": ": options and prop firm threads.",
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      "seo_title": "TradeFundrr: stock and options funding, fees, payouts",
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      "slug": "vest-markets",
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      "tagline": "Configurable small-account challenges and instant accounts on a 24/7 multi-asset exchange.",
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            "content": [
              {
                "text": "Vest Markets is a 24/7 multi-asset exchange run by Vest Labs Inc., and Vest Capital is its funded trading program. You trade stocks, indices, crypto, commodities and FX from one cross-margined account on Vest's own platform. It suits traders who want a cheap way in on small accounts and are happy to be paid in USDC.",
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                        "text": " no target, live from purchase. Sizes run from $500 to $25,000, the fee equals your maximum drawdown (2% to 4%), and the split is 95%.",
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                        "text": "API trading isn't available on funded accounts, and XRP and HYPE can't be traded on them.",
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                "text": "Your split is fixed at purchase: 80% or 90% with an evaluation, 95% on Instant. You claim profit on demand from the funded account, it lands in your main Vest account within 24 hours, and you withdraw it as USDC to your own wallet.",
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        "stocks"
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        "Very low entry prices, from $10",
        "You choose target, daily limit and split on 1-Step",
        "Static drawdown that never trails",
        "Profits claimable on demand, paid in USDC"
      ],
      "cons": [
        "Accounts top out at $25,000",
        "Breaching a limit closes the account with no grace",
        "No API or bot trading on funded accounts",
        "Payouts in USDC only"
      ],
      "challenges": [
        {
          "id": "1-step-5k",
          "name": "Vest Capital 1-Step",
          "steps": 1,
          "account_size": 5000,
          "price": 40,
          "currency": "USD",
          "profit_targets": [
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          ],
          "daily_loss_pct": 3,
          "max_loss_pct": 6,
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          "profit_split_pct": 80,
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          "id": "1-step-10k",
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          "account_size": 10000,
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          "id": "1-step-25k",
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          "account_size": 25000,
          "price": 210,
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          "daily_loss_pct": 3,
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          "id": "1-step-25k-no-dll",
          "name": "Vest Capital 1-Step (no daily limit)",
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          "price": 375,
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          "id": "2-step-25k",
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          "leverage": "",
          "refundable_fee": false
        },
        {
          "id": "instant-500",
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          "account_size": 500,
          "price": 10,
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          "max_loss_pct": 2,
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          "max_loss_pct": 4,
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          {
            "content": [
              {
                "text": "Vest Markets is very new to prop trading, and there is almost no trader review history yet. Its funded program, Vest Capital, runs on the firm's own perpetual futures exchange, and review sites in October 2026 report that it has no Trustpilot reviews at all. What exists is a handful of first-hand blog reviews, a Reddit payout thread and some YouTube walkthroughs, so treat everything below as early impressions.",
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                "text": "What traders like",
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                        "text": "Fast, uncapped payouts.",
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                      {
                        "text": " Traders writing about their own accounts say payouts in USDC arrived within a day, and a Reddit thread shares proof of several withdrawals in a short span.",
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                        "text": "Simple risk rules.",
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                      {
                        "text": " Reviewers like the fixed drawdown that never trails, the lack of a consistency rule or time limit, and being able to hold over the weekend.",
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                        "text": "Cheap entry.",
                        "type": "text"
                      },
                      {
                        "text": " Low account prices come up as a reason to try it.",
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                "text": "Common complaints",
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              {
                "content": [
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                        "text": "Costs on index trading.",
                        "type": "text"
                      },
                      {
                        "text": " One trader says price drift and fees on the exchange's own NQ contract worked against them, so a correct call still lost money.",
                        "type": "text"
                      }
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                        "text": "Who is behind it.",
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                      {
                        "text": " An earlier Reddit thread about the exchange questioned its backing and noted the lack of reviews, and reviewers point out the Panama terms, the lack of a regulator and that funded balances are simulated.",
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                        "text": "A mispricing rollback.",
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                      },
                      {
                        "text": " Reviewers mention a June 2026 pricing error that hit about 20 accounts, after which the firm adjusted profit and loss and compensated those affected.",
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                        "text": "October 2026:",
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                      },
                      {
                        "text": " several first-hand reviews appeared within days of each other, generally saying the firm pays but warning about costs and the terms. No Trustpilot reviews yet.",
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                "text": "Where this comes from",
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                        "text": "Prop Firm Pal",
                        "type": "text"
                      },
                      {
                        "text": ": unverified listing with a trader reviews tab.",
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                        "text": "Reddit",
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                        "text": ": a payout proof thread in r/DamnPropFirms, plus an ",
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                        "text": "r/defi thread",
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                        "text": " asking about the exchange.",
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                        "text": "YouTube search",
                        "type": "text"
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                      {
                        "text": ": rule and pricing walkthroughs.",
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      "seo_title": "Vest Markets: Vest Capital challenges, prices and rules",
      "seo_description": "Vest Markets sells 1-Step and 2-Step challenges from $15 and instant accounts from $10, with a static 6% drawdown, 80% to 95% splits and USDC payouts.",
      "logo": "/logos/vest-markets.png",
      "updated_at": "2026-10-06T18:17:27.606104Z"
    },
    {
      "slug": "falcon-funded",
      "name": "Falcon Funded",
      "tagline": "Two-step challenge with a 7.5% first target and an 11% static overall limit.",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "Falcon Funded is a forex and CFD prop firm based in Dubai. You trade forex, metals, indices and crypto on MT5 or TradeLocker. Its pitch is a low first target and a wide overall loss limit, which suits manual day traders who always trade with a stop loss.",
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            "content": [
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                "text": "How the evaluation works",
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                        "text": "Regular:",
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                      {
                        "text": " 7.5% in phase 1, then 6% in phase 2, with at least four trading days in each. The daily loss is 4% and the overall loss is 11% of the starting balance, static. On the funded account the overall limit drops to 10%.",
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                      {
                        "text": " the same targets and limits at 1:30 leverage, with news trading and weekend holding allowed.",
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                        "text": "Knockout:",
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                        "text": " one phase with a 10% target, a 3% daily loss and a 6% static overall loss, plus a five-day minimum.",
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                "text": "There's no time limit on any challenge.",
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                "text": "Rules worth knowing",
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                    "content": [
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                        "text": "EAs are banned on every account, and using one ends it.",
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                        "text": "On funded accounts, every trade needs a stop loss attached when it opens.",
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                    "content": [
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                        "text": "On Regular accounts, trading restricted news or holding over the weekend without the add-on fails the account.",
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                    "content": [
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                        "text": "Funded accounts carry a 45% consistency rule until your third payout is approved.",
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                    "content": [
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                        "text": "Hedging inside one account is fine, across accounts it isn't.",
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                "text": "Getting paid",
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            "content": [
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                "text": "The profit share is 85%. Your first payout is possible 14 days after you're funded, and requests can only go in on the 14th or 28th of each month. The first two payouts are capped at 6% of the starting balance, and there's a $3,000 daily profit cap. Payouts go through Rise, and the fee comes back with your third reward.",
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                "text": "Falcon Funded is a small forex prop firm with a split reputation: 4.3 on Trustpilot from about 560 reviews, but a run of Reddit threads from traders who say their payouts were refused. Trustpilot notes that the firm invites customers to review and replies to almost all negative reviews. The evidence is thin, with a few hundred reviews and a handful of threads, so read the score with that in mind.",
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                        "text": "Reddit, denied payout thread",
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                "text": "OneStopProp is a Wyoming-registered firm that puts US stock CFDs, forex, indices, metals and crypto on one funded account. Execution runs on Match-Trader with TradingView charts. It suits stock traders who also dabble in currencies or crypto and want to hold positions overnight.",
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                        "text": " 8% then 5%, with a 4% daily and 8% overall loss measured from the starting balance. Four trading days per step.",
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      "seo_title": "OneStopProp review: stock, forex and crypto challenges",
      "seo_description": "OneStopProp sells 1-step, 2-step and instant accounts from $110 on Match-Trader, covering US stock CFDs, forex and crypto, with a 90% split and no time limit.",
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                "text": "Atmos Funded is a Cyprus-registered prop firm backed by the broker Taurex. Challenges run on MT5 and cover forex, metals, indices and crypto. Each program comes in a Standard tier and a cheaper Plus tier, so it suits traders who want to choose between a classic 10% target and a lower target with tighter limits.",
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                        "text": "1-Step Standard:",
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                      {
                        "text": " a 10% target, a 3% daily loss and a 6% overall drawdown that trails equity until it reaches the starting balance, then locks once you take a payout.",
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                        "text": " 10% then 5%, with a 5% daily and 10% overall loss on a static floor.",
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                        "text": " 6% in each phase, with a 3% daily and 6% static overall loss.",
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                        "text": " no evaluation, a 3% daily loss and a 5% trailing drawdown.",
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                        "text": "EAs are fine, but commercial EAs and latency tricks aren't. Hedging is allowed inside one account, never across accounts.",
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            "content": [
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                "text": "Atmos Funded is a young firm, launched by the broker Taurex in late 2024, and its review record is still small and split. It sits at 3.7 on Trustpilot from about 340 reviews and 4.7 on Prop Firm Match from 46 verified reviews. The Trustpilot score has slipped from around 4.0 in the spring, and the low reviews that pulled it down are mostly about payouts that were refused after a review of the account.",
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                        "text": "Clear rules.",
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                        "text": " Reviewers on Prop Firm Match often say the rules were plain from the start and held no surprises.",
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                        "text": " Several reviewers say support answered quickly and sorted out their problem.",
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                        "text": "A cheap way in.",
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                        "text": " The low-cost Nova challenge comes up often as an easy entry point, and a few traders mention being given a fresh funded account after a breach.",
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                        "text": "Broker backing.",
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                        "text": " Some traders say the link to Taurex makes the firm feel more secure than an unbacked prop firm, and a few praise the raw spreads.",
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                        "text": " Some reviewers say stops and pending orders filled well away from their price, or that losses ran past a limit as a result.",
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                        "text": " A few say emails went unanswered once a payout was in question.",
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                        "text": "Limited track record.",
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                      {
                        "text": " Reddit posters note there is little independent feedback yet and suggest waiting.",
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                        "text": "August to October 2026:",
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                        "text": " Trustpilot shows 3.7, down from about 4.0 in April and May. Recent low reviews focus on denied payouts, and the firm has been replying publicly that its decisions follow its published prohibited strategy rules.",
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                "text": "Where this comes from",
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                        "text": "Trustpilot",
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                        "text": ": the firm's main review page.",
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                        "text": "Prop Firm Match",
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                        "text": ": verified trader reviews.",
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                        "text": "Forex Peace Army",
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                        "text": ": trader write-ups, including payout disputes.",
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                        "text": "Myfxbook",
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                        "text": "Reddit",
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      "seo_title": "Atmos Funded: 1-step, 2-step and instant MT5 accounts",
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                "text": "Velotrade is a Hong Kong prop firm launched in March 2026 by the team behind an invoice finance business of the same name that dates back to 2016. Everything trades on one DXtrade account: crypto, US stocks, forex, indices and commodities. It suits traders who want static drawdowns, news trading and API access for bots, and who are happy being paid in stablecoins.",
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                "text": "All three programs use a static drawdown measured from the starting balance.",
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                        "text": " a 10% target, a 4% daily loss limit and a 7% maximum drawdown. Sizes up to $100K.",
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                        "text": "You need five trading days per phase, and a day only counts if it closes at least 0.8% up on the starting balance. The same five days apply on the funded account before your first payout.",
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                        "text": "There's no time limit, but an account with no trade in 30 days is deactivated.",
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                        "text": "News trading and weekend holding are allowed, and there's no consistency rule. Single stocks have extra limits around earnings and holding.",
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                "text": "The split is 80%, or 90% with an add-on. Your first payout can be requested 14 days after your first funded trade, then weekly. The minimum is $100, and payouts go out in USDC or USDT to your wallet. Fees aren't refundable.",
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                      },
                      {
                        "text": " One reviewer says a competition prize arrived quickly. A review site matched the firm's 60 published payouts to on-chain transfers.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Rules that suit crypto traders.",
                        "type": "text"
                      },
                      {
                        "text": " Review sites point to static drawdown, no consistency rule and weekend holding.",
                        "type": "text"
                      }
                    ],
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                  }
                ],
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              }
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            "content": [
              {
                "text": "Common complaints",
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            "content": [
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                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "A refused funded account.",
                        "type": "text"
                      },
                      {
                        "text": " One Trustpilot reviewer says the firm declined to fund them after the first phase because their gold positions were too large, and questions whether anyone has been paid.",
                        "type": "text"
                      }
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                    "type": "paragraph"
                  }
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              },
              {
                "content": [
                  {
                    "content": [
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                        "marks": [
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                            "type": "bold"
                          }
                        ],
                        "text": "Doubts about early reviews.",
                        "type": "text"
                      },
                      {
                        "text": " Some review sites say several early five-star reviews look generic, and that the firm's own blog ranks Velotrade first in its \"best prop firm\" lists.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "A borrowed track record.",
                        "type": "text"
                      },
                      {
                        "text": " Critics note the \"since 2016\" and payout figures belong to the earlier invoice-finance business, not the prop firm.",
                        "type": "text"
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            "content": [
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                "text": "Recently",
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            "content": [
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                "content": [
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                    "content": [
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                        "text": "August 2026:",
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                      },
                      {
                        "text": " a review site found the Trustpilot score hidden after a guidelines breach, with seven reviews visible.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
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                "content": [
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                        "text": "September 2026:",
                        "type": "text"
                      },
                      {
                        "text": " the same site re-scored the firm and confirmed the published payouts on-chain.",
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            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
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                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the firm's review page, with only a few reviews and the score hidden.",
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      "seo_title": "Velotrade review: crypto and stock prop challenges",
      "seo_description": "Velotrade runs 1-step and 2-step challenges from $40 on DXtrade for crypto, stocks, forex and indices, with static drawdowns, an 80% split and weekly payouts.",
      "logo": "/logos/velotrade.png",
      "updated_at": "2026-10-06T18:17:27.606104Z"
    },
    {
      "slug": "trader2b",
      "name": "trader2B",
      "tagline": "Monthly ToroChallenge plans for US stock day traders, with a free $100K option.",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "trader2B started in 2010 as SFG Trading, a Canadian prop firm, and now runs from Miami. Its ToroChallenge is a one-step evaluation for day traders in the most active US stocks and ETFs, on trader2B's own web, desktop and mobile platform. Pass it and you're recruited to trade a live account on NYSE and Nasdaq. It suits intraday stock traders who place a lot of trades and close out every afternoon.",
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            ],
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          },
          {
            "attrs": {
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            "content": [
              {
                "text": "How the evaluation works",
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          },
          {
            "content": [
              {
                "text": "Every plan has the same three requirements: a 6% profit target, at least 200 round trades, and a Consistency Score of 50% or better. Plans are billed monthly.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "content": [
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                "content": [
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                        "text": "Toro25:",
                        "type": "text"
                      },
                      {
                        "text": " $25,000 of buying power, a $200 daily loss limit and a $1,000 (4%) maximum drawdown.",
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                      }
                    ],
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                  }
                ],
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              {
                "content": [
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                    "content": [
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                        "text": "Toro100:",
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                      },
                      {
                        "text": " $100,000 of buying power, a $500 daily limit and a $3,000 (3%) maximum drawdown. There's also a free version with delayed data and a lower split.",
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                        "text": "Toro250:",
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                      },
                      {
                        "text": " $250,000 of buying power, a $1,250 daily limit and a $7,500 (3%) maximum drawdown.",
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                      }
                    ],
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            "content": [
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                "text": "Rules worth knowing",
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          },
          {
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                "content": [
                  {
                    "content": [
                      {
                        "text": "Positions and open orders must be closed before 16:00 ET. Nothing is held overnight or over the weekend.",
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                    ],
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                ],
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              },
              {
                "content": [
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                    "content": [
                      {
                        "text": "There's no time limit. The 200 round trades are the real clock.",
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                    ],
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                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "text": "The Consistency Score stops you passing on one oversized day.",
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                ],
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              {
                "content": [
                  {
                    "content": [
                      {
                        "text": "Hitting the drawdown fails the challenge, but you can reset to the starting balance and try again.",
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              {
                "content": [
                  {
                    "content": [
                      {
                        "text": "Only symbols on the approved list count.",
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            "content": [
              {
                "text": "Getting paid",
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            ],
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          },
          {
            "content": [
              {
                "text": "Paid plans pay 95% on Toro25, 97% on Toro100 and 99% on Toro250. The free Toro100 pays 50%. Payouts run every two weeks, or weekly on Toro250. trader2B says part of your subscription fees can be refunded on paid plans, up to $594, $894 and $1,494 respectively. The site doesn't list payout methods.",
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      "website_url": "https://trader2b.com",
      "founded_year": 2010,
      "headquarters": "Miami, Florida, United States",
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      "markets": [
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      "rules": {
        "overnight_holding": "not_allowed",
        "weekend_holding": "not_allowed"
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      "pros": [
        "Real US stocks on NYSE and Nasdaq once funded",
        "Free $100K challenge available",
        "Paid plans pay 95% to 99%",
        "No time limit to pass"
      ],
      "cons": [
        "Monthly subscription instead of a one-time fee",
        "200 round trades and a 50% consistency score needed",
        "No overnight positions",
        "Free plan pays only 50%"
      ],
      "challenges": [
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          "id": "toro25",
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          "account_size": 25000,
          "price": 99,
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          "profit_targets": [
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          "daily_loss_pct": 0.8,
          "max_loss_pct": 4,
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          "profit_split_pct": 95,
          "payout_frequency": "Bi-weekly",
          "first_payout_days": null,
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          "refundable_fee": true
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          "account_size": 100000,
          "price": 0,
          "currency": "USD",
          "profit_targets": [
            6
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          "daily_loss_pct": 0.5,
          "max_loss_pct": 3,
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          "profit_split_pct": 50,
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          "first_payout_days": null,
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          "refundable_fee": false
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        {
          "id": "toro100",
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          "steps": 1,
          "account_size": 100000,
          "price": 199,
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          "profit_targets": [
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          "daily_loss_pct": 0.5,
          "max_loss_pct": 3,
          "drawdown_type": "",
          "profit_split_pct": 97,
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          "refundable_fee": true
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        {
          "id": "toro250",
          "name": "Toro250",
          "steps": 1,
          "account_size": 250000,
          "price": 299,
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          "profit_targets": [
            6
          ],
          "daily_loss_pct": 0.5,
          "max_loss_pct": 3,
          "drawdown_type": "",
          "profit_split_pct": 99,
          "payout_frequency": "Weekly",
          "first_payout_days": null,
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          "time_limit_days": null,
          "leverage": "",
          "refundable_fee": true
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      "trustpilot_rating": 3.2,
      "trustpilot_reviews": 78,
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          "rating": 3.2,
          "scale": 5,
          "count": 78,
          "url": "https://www.trustpilot.com/review/trader2b.com",
          "checked_on": "2026-10-06"
        },
        {
          "source": "forexpeacearmy",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.forexpeacearmy.com/forex-reviews/19553/trader2b-stocks-prop-firm",
          "checked_on": "2026-10-06"
        },
        {
          "source": "reddit",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.reddit.com/r/Daytrading/comments/qkt891/trader2b_scam_or_legit/",
          "checked_on": "2026-10-06"
        }
      ],
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        "content": [
          {
            "content": [
              {
                "text": "trader2B is a long-running stock prop firm, around since 2010, with a small and divided review record. It scores 3.2 on Trustpilot from 78 reviews. Many of the positive reviews are several years old and praise the training and support. The more recent low reviews are about blocked accounts and the firm's consistency score. Forex Peace Army lists the firm but has no reviews, and the Reddit threads we found are from 2017 to 2021.",
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                "text": "What traders like",
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                        "text": "Support and coaching.",
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                      {
                        "text": " Older Trustpilot reviews often say staff were friendly and quick to help with setup and technical problems.",
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                "content": [
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                    "content": [
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                        "text": "Learning to manage risk.",
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                      },
                      {
                        "text": " Some reviewers say the tight daily drawdown in the challenge forced better habits and helped them turn their trading around.",
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                "content": [
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                        "text": "The trading platform.",
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                      {
                        "text": " A few reviewers like the Haywood platform and its level 2 data.",
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                "text": "Common complaints",
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          {
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              {
                "content": [
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                        "marks": [
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                        "text": "Accounts blocked.",
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                      {
                        "text": " Some recent Trustpilot reviewers say their account was suspended without a clear reason and support stopped answering. The firm replies that some of these traders used the free challenge and never qualified for a payout.",
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              {
                "content": [
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                    "content": [
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                        "marks": [
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                        "text": "The consistency score.",
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                      },
                      {
                        "text": " Several reviewers say the consistency score makes a payout hard to reach.",
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              {
                "content": [
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                        "text": "Website problems.",
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                        "text": " A few reviewers mention bugs on the website.",
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              {
                "content": [
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                        "marks": [
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                        "text": "Old doubts.",
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                      {
                        "text": " Reddit threads from 2020 and 2021 ask whether the funded accounts are real, without firm answers.",
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            "content": [
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                "text": "Recently",
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            "type": "heading"
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          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                        "text": "July to September 2026:",
                        "type": "text"
                      },
                      {
                        "text": " recent Trustpilot reviews lean negative, with blocked accounts and the consistency score the main themes, and the firm replying point by point. The score stood at 3.2 in September.",
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            "content": [
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                "text": "Where this comes from",
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                        "text": "Trustpilot",
                        "type": "text"
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                      {
                        "text": ": the firm's main review page.",
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              {
                "content": [
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                        "marks": [
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                        "text": "Forex Peace Army",
                        "type": "text"
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                      {
                        "text": ": a listing with no reviews yet.",
                        "type": "text"
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                "content": [
                  {
                    "content": [
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                        "text": "Reddit thread",
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                      {
                        "text": ": a 2021 r/Daytrading question about whether the firm is legitimate.",
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      "seo_title": "trader2B ToroChallenge: stock prop plans and rules",
      "seo_description": "trader2B's ToroChallenge funds US stock day traders after a 6% target and 200 round trades, from free or $99 a month, with 95% to 99% splits on paid plans.",
      "logo": "/logos/trader2b.png",
      "updated_at": "2026-10-06T18:17:27.606104Z"
    },
    {
      "slug": "100x-club",
      "name": "100X Club",
      "tagline": "cTrader-only challenges and instant accounts with static drawdowns and no time limit.",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "100X Club is a young prop firm run by 100X Club Ltd in Ramat Gan, Israel, with a payment subsidiary in Cyprus. Everything trades on cTrader, covering forex, indices, commodities and crypto. It suits cTrader users who want a static drawdown and no deadline, and who don't need MetaTrader.",
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            "content": [
              {
                "text": "How the evaluation works",
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                        "text": "Two Steps:",
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        "label": "SCB",
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      },
      {
        "key": "cima",
        "label": "CIMA",
        "hint": "Cayman Islands"
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      {
        "key": "vfsc",
        "label": "VFSC",
        "hint": "Vanuatu"
      },
      {
        "key": "fsa_svg",
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        "key": "other",
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        "key": "mt5",
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        "key": "dxtrade",
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        "key": "tradelocker",
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        "key": "ninjatrader",
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      {
        "key": "tradovate",
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      {
        "key": "rithmic",
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      {
        "key": "projectx",
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        "key": "quantower",
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        "key": "wealthcharts",
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        "key": "sierrachart",
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        "key": "tws",
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        "key": "bank",
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        "key": "paypal",
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      {
        "key": "skrill",
        "label": "Skrill"
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      {
        "key": "neteller",
        "label": "Neteller"
      },
      {
        "key": "crypto",
        "label": "Crypto"
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        "key": "wise",
        "label": "Wise"
      },
      {
        "key": "apple_pay",
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      },
      {
        "key": "google_pay",
        "label": "Google Pay"
      },
      {
        "key": "local",
        "label": "Local methods"
      }
    ],
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        "key": "negative_balance_protection",
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      "name": "IG",
      "tagline": "Long-running UK spread betting and CFD provider with share dealing, ISAs and SIPPs",
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        "content": [
          {
            "content": [
              {
                "text": "IG is one of the oldest names in UK retail trading. It's been around since 1974, built on spread betting and CFDs, with share dealing alongside. It suits UK traders who want leveraged trading and a tax-free ISA or pension in the same place. The group holds licences from the FCA in the UK, BaFin for EU clients, MAS in Singapore, the FMA in New Zealand and several others, and it serves US forex traders through tastyfx, which is registered with the CFTC and NFA.",
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                "text": "Accounts and costs",
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            "content": [
              {
                "text": "There's no minimum to open a spread betting or CFD account, and a bank transfer has no minimum either. Card deposits are reported to need around £250. Forex spreads start at 0.6 pips on EUR/USD with no commission, while share CFDs are charged by commission. Retail leverage is capped at 1:30 in the UK and EU. On the investing side, UK stock and ETF trades in a GBP general account, ISA or SIPP are commission free with no account fee. Keep in mind that 70% of IG's retail spread bet and CFD accounts lose money.",
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                "text": "You can trade on IG's own web platform and app, MT4, MT5 or TradingView, with ProRealTime and L2 Dealer for charting and direct market access. Markets cover forex, indices, commodities, shares, ETFs, bonds, options, futures and crypto. A free demo account lets you practise first.",
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                "text": "You can fund by bank transfer, debit or credit card, PayPal and Apple Pay in some regions. IG doesn't charge for standard withdrawals, and money usually goes back to the method you deposited with. Expect a couple of business days for most withdrawals, and a conversion fee if you withdraw in a different currency.",
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        },
        {
          "regulator": "mas",
          "entity": "IG Asia Pte Ltd",
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        {
          "regulator": "fma",
          "entity": "",
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        },
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        {
          "regulator": "jfsa",
          "entity": "",
          "licence": "Finance Bureau (Kinsyo) 255"
        },
        {
          "regulator": "asic",
          "entity": "",
          "licence": ""
        },
        {
          "regulator": "dfsa",
          "entity": "",
          "licence": ""
        },
        {
          "regulator": "finma",
          "entity": "",
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        },
        {
          "regulator": "fsca",
          "entity": "",
          "licence": ""
        },
        {
          "regulator": "other",
          "entity": "",
          "licence": "",
          "note": "Bermuda Monetary Authority (BMA)"
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          "max_leverage": "1:30 (retail, UK/EU), 1:200 (professional)"
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        {
          "name": "Share dealing (GIA, ISA, Junior ISA, SIPP)",
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        "Licensed in many major jurisdictions, including the FCA, BaFin, MAS and CFTC/NFA (via tastyfx)",
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        "Spread betting, CFDs, options, futures and share dealing under one roof",
        "Stocks and Shares ISA, Junior ISA and SIPP with no commission on UK GBP stock and ETF trades",
        "MT4, MT5 and TradingView alongside IG's own web and mobile platform",
        "Free demo account"
      ],
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        "70% of retail spread bet and CFD accounts lose money with this provider",
        "Card deposits have a higher minimum than bank transfers, reported at around £250",
        "Market maker model on its own platform",
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          "source": "trustpilot",
          "rating": 3.8,
          "scale": 5,
          "count": 9742,
          "url": "https://www.trustpilot.com/review/ig.com",
          "checked_on": "2026-10-06"
        },
        {
          "source": "forexpeacearmy",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.forexpeacearmy.com/forex-reviews/109/ig-forex-brokers",
          "checked_on": "2026-10-06"
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        {
          "source": "forexpeacearmy",
          "label": "Forex Peace Army (IG Index)",
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          "count": null,
          "url": "https://www.forexpeacearmy.com/forex-reviews/4205/www.igindex.co.uk",
          "checked_on": "2026-10-06"
        },
        {
          "source": "myfxbook",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.myfxbook.com/reviews/brokers/ig-markets/1334389,1",
          "checked_on": "2026-10-06"
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        {
          "source": "other",
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          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.tradingview.com/broker/IG/reviews/",
          "checked_on": "2026-10-06"
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        {
          "source": "other",
          "label": "SmartCustomer",
          "rating": 1.9,
          "scale": 5,
          "count": 12,
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          "checked_on": "2026-10-06"
        },
        {
          "source": "reddit",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.reddit.com/r/Trading/comments/1iq60k4/thoughts_on_ig_trading/",
          "checked_on": "2026-10-06"
        }
      ],
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          {
            "content": [
              {
                "text": "IG gets a mixed but mostly positive reception from its own clients. It holds 3.8 on Trustpilot from about 9,700 reviews, with roughly 56% five-star and close to a fifth one-star. Forex Peace Army and Myfxbook have pages with trader write-ups, and SmartCustomer shows 1.9 from only 12 reviews. Praise centres on the platforms and the long track record; the low reviews are mostly about support and withdrawals.",
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              }
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            "attrs": {
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            },
            "content": [
              {
                "text": "What traders like",
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              }
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          {
            "content": [
              {
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                        "text": "Platforms and range of markets.",
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                      },
                      {
                        "text": " Reviewers on Trustpilot and TradingView describe the web platform and mobile app as stable and easy to use, with a very wide choice of markets.",
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              {
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                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
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                        "text": "Track record and regulation.",
                        "type": "text"
                      },
                      {
                        "text": " Reddit users often point to IG being listed and in business since 1974 as a reason they trust it, and several long-time clients say they have been with IG since the 2000s without serious problems.",
                        "type": "text"
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                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Phone support that fixes things.",
                        "type": "text"
                      },
                      {
                        "text": " A number of recent Trustpilot reviews name individual advisers who sorted out promo codes, balances or two-factor setup on the call.",
                        "type": "text"
                      }
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            "content": [
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                "text": "Common complaints",
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            "content": [
              {
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                    "content": [
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                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Withdrawals held for checks.",
                        "type": "text"
                      },
                      {
                        "text": " Several reviewers on Trustpilot and Forex Peace Army say withdrawals sat under review for weeks while IG asked for more documents. IG's help pages say it pays back to the original card up to the deposited amount and that anti-money-laundering checks can slow things.",
                        "type": "text"
                      }
                    ],
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              },
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                        "text": "Slow or thin support.",
                        "type": "text"
                      },
                      {
                        "text": " Some say replies dried up once a complaint started, and a few took cases to the ombudsman.",
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                      }
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
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                        "text": "Execution and pricing.",
                        "type": "text"
                      },
                      {
                        "text": " Reddit threads and older Forex Peace Army reviews raise wide spreads at times, stops filled at bad levels and enforced minimum stop distances that make scalping hard.",
                        "type": "text"
                      }
                    ],
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                ],
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
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                        ],
                        "text": "Stops removed on dividends.",
                        "type": "text"
                      },
                      {
                        "text": " One Trustpilot reviewer says stop losses were removed after ex-dividend adjustments; IG paid compensation without admitting liability.",
                        "type": "text"
                      }
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                  }
                ],
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                  {
                    "content": [
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                          {
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                        "text": "Connection issues on TradingView.",
                        "type": "text"
                      },
                      {
                        "text": " Some TradingView reviewers mention forced logins, data outages and lag.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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              }
            ],
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            },
            "content": [
              {
                "text": "Recently",
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              }
            ],
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          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "August 2026:",
                        "type": "text"
                      },
                      {
                        "text": " WikiFX published a piece collecting user claims of blocked withdrawals and missing card payouts at IG, along with warnings about clone sites using IG's name.",
                        "type": "text"
                      }
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
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                        "text": "October 2026:",
                        "type": "text"
                      },
                      {
                        "text": " recent Trustpilot reviews still split between praise for named phone advisers and complaints about withdrawal verification taking over two weeks. A third-party snapshot on 1 October put the TrustScore at 3.7, close to the 3.8 shown on Trustpilot earlier in the year.",
                        "type": "text"
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                    ],
                    "type": "paragraph"
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            },
            "content": [
              {
                "text": "Where this comes from",
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              {
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                  {
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                        ],
                        "text": "Trustpilot",
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                      {
                        "text": ": IG's main review page, the largest pool of reviews.",
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                              "target": "_self"
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                        "text": "Forex Peace Army",
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                      },
                      {
                        "text": ": trader reviews of IG.",
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                              "target": "_self"
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                        ],
                        "text": "Forex Peace Army (IG Index)",
                        "type": "text"
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                      {
                        "text": ": older reviews under the IG Index name.",
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              {
                "content": [
                  {
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                      {
                        "marks": [
                          {
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
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                        ],
                        "text": "Myfxbook",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews of IG Markets.",
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
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                            "type": "link"
                          }
                        ],
                        "text": "TradingView",
                        "type": "text"
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                      {
                        "text": ": reviews from traders using IG through TradingView.",
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                        "text": "SmartCustomer",
                        "type": "text"
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                        "text": ": a small set of customer reviews.",
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                        "text": "Reddit",
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                      {
                        "text": ": a thread of traders comparing experiences.",
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                            "type": "link"
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                        "text": "WikiFX",
                        "type": "text"
                      },
                      {
                        "text": ": the August 2026 piece on withdrawal complaints.",
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                      }
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                    "type": "paragraph"
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      },
      "reviews_checked_on": "2026-10-06",
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      "sort_order": 10,
      "seo_title": "IG review: regulation, fees and platforms",
      "seo_description": "IG review: FCA, BaFin and MAS regulated, no minimum deposit by bank transfer, MT4, MT5 and TradingView, spread betting, CFDs, options, ISAs and SIPPs.",
      "logo": "/logos/brokers/ig.png"
    },
    {
      "slug": "pepperstone",
      "name": "Pepperstone",
      "tagline": "CFD and spread betting broker with raw-spread pricing on MT4, MT5, cTrader and TradingView",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "Pepperstone is a CFD and forex broker built for active traders, and in the UK it also runs a spread betting account. It's licensed in a lot of places: the FCA in the UK, ASIC in Australia, CySEC in Cyprus, BaFin in Germany, the DFSA in Dubai, the CMA in Kenya and the SCB in the Bahamas. Your entity, and so your leverage and protections, depends on where you live. It doesn't take US clients.",
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            "content": [
              {
                "text": "Accounts and costs",
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            ],
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          },
          {
            "content": [
              {
                "text": "There are two CFD accounts. ",
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              },
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                "marks": [
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                ],
                "text": "Standard",
                "type": "text"
              },
              {
                "text": " has no commission and puts all costs into the spread, with about a 1 pip mark-up on FX. ",
                "type": "text"
              },
              {
                "marks": [
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                  }
                ],
                "text": "Razor",
                "type": "text"
              },
              {
                "text": " gives you raw spreads from 0.0 on FX and 0.08 on gold, then charges a fixed commission, from $3.50 per lot per side (from £2.25 for UK clients). Share CFDs carry a commission on both. UK traders can also open a spread betting account, where profits are free of capital gains tax and stakes are in pounds per point. The stated minimum deposit is $10. Retail leverage is capped at 1:30 in the UK and EU, while professional clients can go up to 1:1000 on gold and FX.",
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            "content": [
              {
                "text": "Platforms and markets",
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              }
            ],
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          },
          {
            "content": [
              {
                "text": "You get MT4, MT5, cTrader, TradingView and Pepperstone's own web platform and app. TradingView isn't offered on the Standard CFD account. There are more than 1,350 CFDs across forex, indices, commodities, shares, ETFs and crypto, including round-the-clock trading on 100+ big US stocks. Demo accounts run on every platform.",
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            "content": [
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                "text": "Money in and out",
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          {
            "content": [
              {
                "text": "Pepperstone doesn't charge for deposits. Options depend on your region and include bank transfer, cards, PayPal, Skrill, Neteller, Apple Pay, Google Pay and local methods. Most withdrawals land within one business day, bank transfers can take up to seven, and only international bank withdrawals carry a fee.",
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        "indices",
        "commodities",
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        {
          "regulator": "asic",
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          "licence": "414530"
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        {
          "regulator": "cysec",
          "entity": "",
          "licence": "388/20"
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        {
          "regulator": "bafin",
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          "licence": ""
        },
        {
          "regulator": "dfsa",
          "entity": "Pepperstone Financial Services (DIFC) Limited",
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        },
        {
          "regulator": "cma",
          "entity": "",
          "licence": ""
        },
        {
          "regulator": "scb",
          "entity": "",
          "licence": ""
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      ],
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        "proprietary"
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          "pricing": "No commission, fees built into the spread with a 1 pip mark-up on FX; commission on share CFDs",
          "max_leverage": "1:30 (retail, UK/EU); up to 1:1000 on gold and FX for professional clients"
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          "name": "Razor",
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          "pricing": "Raw spreads from 0.0 on FX and 0.08 on XAU/USD plus commission from $3.50 per lot per side (from £2.25 in the UK)",
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          "name": "Spread betting (UK)",
          "min_deposit": null,
          "currency": "GBP",
          "pricing": "No commission, costs in the spread; stakes in pounds per point",
          "max_leverage": ""
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      "min_deposit_currency": "USD",
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        "Licensed in several places including the FCA, ASIC, CySEC, BaFin and DFSA",
        "Wide platform choice: MT4, MT5, cTrader, TradingView and its own app",
        "Razor account with raw spreads from 0.0 on FX",
        "Tax-free spread betting for UK clients",
        "No fees on deposits"
      ],
      "cons": [
        "CFDs only, no real share ownership",
        "Not available to US residents",
        "International bank withdrawals can carry a fee",
        "TradingView is not available on the Standard CFD account"
      ],
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          "source": "trustpilot",
          "rating": 4.2,
          "scale": 5,
          "count": 3642,
          "url": "https://www.trustpilot.com/review/pepperstone.com",
          "checked_on": "2026-10-06"
        },
        {
          "source": "forexpeacearmy",
          "rating": 3.48,
          "scale": 5,
          "count": 389,
          "url": "https://www.forexpeacearmy.com/forex-reviews/7523/pepperstone-review",
          "checked_on": "2026-10-06"
        },
        {
          "source": "sitejabber",
          "rating": 2.7,
          "scale": 5,
          "count": 24,
          "url": "https://www.sitejabber.com/reviews/pepperstone.com",
          "checked_on": "2026-10-06"
        },
        {
          "source": "myfxbook",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.myfxbook.com/reviews/brokers/pepperstone/78970,1",
          "checked_on": "2026-10-06"
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        {
          "source": "other",
          "label": "TradingView",
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          "count": null,
          "url": "https://www.tradingview.com/broker/Pepperstone/reviews/",
          "checked_on": "2026-10-06"
        },
        {
          "source": "reddit",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.reddit.com/r/Forex/comments/1qedo8u/thinking_about_using_pepperstone_but_worried/",
          "checked_on": "2026-10-06"
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            "content": [
              {
                "text": "Most traders who review Pepperstone are happy with it, and the praise is mostly about costs and execution. It holds 4.2 on Trustpilot from about 3,600 reviews and about 3.5 on Forex Peace Army from roughly 390 reviews, as quoted by FXLeaders. The smaller Sitejabber page sits at 2.7 from 24 reviews, and that is where the angriest withdrawal stories collect.",
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              {
                "text": "What traders like",
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                "content": [
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                        "text": "Tight spreads and fast fills.",
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                      },
                      {
                        "text": " Reviewers on Trustpilot, Myfxbook and Reddit keep coming back to low spreads on the majors and gold, and to quick execution on the Razor account.",
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                        "text": "Easy deposits and quick withdrawals.",
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                      },
                      {
                        "text": " Many say card deposits land almost at once and withdrawals reach them within a day or two.",
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                        "marks": [
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                        "text": "Platform choice.",
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                      },
                      {
                        "text": " MT4, MT5, cTrader and the TradingView link all get mentioned as reasons people picked it.",
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              {
                "content": [
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                    "content": [
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                        "marks": [
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                            "type": "bold"
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                        "text": "Support that answers.",
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                      {
                        "text": " Plenty of reviewers say staff reply quickly and fix problems, and the firm responds publicly on Trustpilot, FPA and TradingView.",
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                "text": "Common complaints",
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                        "text": "Withdrawal friction.",
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                      },
                      {
                        "text": " Some reviewers say withdrawals were held up, or that they could only withdraw by bank transfer after depositing by card or PayPal. A Reddit thread from January 2026 asking whether large withdrawals go smoothly drew both reassurance and a few stories of slow support.",
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                "content": [
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                    "content": [
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                        "text": "Fees on crypto withdrawals.",
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                      },
                      {
                        "text": " An FPA reviewer says a large USDT withdrawal cost far more than support had told them, and WikiFX collects similar USDT complaints.",
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                        "text": "Slippage and order fills.",
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                        "text": " A few Myfxbook and FPA posts describe news-time slippage or orders that did not trigger as expected.",
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                        "text": "Slow handling of complex cases.",
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                        "text": " Some say routine questions get fast answers but disputes drag on for weeks.",
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                "content": [
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                        "text": "August 2026:",
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                      },
                      {
                        "text": " an FPA reviewer says their account was moved from the Australian entity to one in the Bahamas and that funds were locked while it was sorted out.",
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                        "text": "July to October 2026:",
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                        "text": " the Trustpilot score has stayed around 4.2 to 4.3, with recent reviews mentioning easy onboarding and quick withdrawals.",
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            "content": [
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                "text": "Where this comes from",
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                        "text": "Trustpilot",
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                        "text": ": the broker's main review page, the biggest pool of reviews.",
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              {
                "content": [
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                        "text": "Forex Peace Army",
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                      {
                        "text": ": trader reviews and complaint threads.",
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                        "text": "Sitejabber",
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                        "text": ": a small set of mostly negative reviews.",
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                        "text": "Myfxbook",
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                      {
                        "text": ": trader reviews, many about execution.",
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                        "text": "TradingView",
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                        "text": ": reviews from traders using the TradingView link.",
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                        "text": "Reddit",
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                        "text": ": a 2026 thread on withdrawal experiences.",
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      "seo_title": "Pepperstone review: regulation, fees and platforms",
      "seo_description": "Pepperstone is an FCA, ASIC and CySEC regulated CFD broker with a $10 minimum deposit, MT4, MT5, cTrader and TradingView, and forex, indices and shares.",
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      "slug": "ic-markets",
      "name": "IC Markets",
      "tagline": "Raw-spread CFD broker popular with scalpers and EA traders on MT4, MT5 and cTrader",
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            "content": [
              {
                "text": "IC Markets, which now trades under the shorter name IC, is a CFD broker known for raw spreads and fast execution. It suits day traders, scalpers and anyone running expert advisors, and the broker says around 60% of its trades come from automated systems. It's regulated by ASIC in Australia and CySEC in Cyprus, and its global arm is licensed by the FSA in Seychelles. UK clients are onboarded through a Mauritius entity.",
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                "text": "The ",
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              {
                "text": " account on MetaTrader has spreads from 0.0 pips, with EUR/USD averaging 0.1, plus $3.50 per lot per side. The ",
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                "text": "cTrader Raw Spread",
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                "text": " account charges $3 per $100k traded and also connects to TradingView. ",
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                "text": "Standard",
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              {
                "text": " has no commission and spreads from 0.8 pips. None of these three has a minimum deposit. Two newer tiers, Raw Pro ($5,000) and Raw Pro+ ($100,000), cut the commission to $1.50 and $1.00 per side. Leverage on the global entity goes up to 1:5000 on MetaTrader and 1:1000 on cTrader, while EU retail clients are capped at 1:30. Swap-free accounts are available.",
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                "text": "You get MT4, MT5, cTrader and TradingView, plus IC Social, ZuluTrade and Signal Start for copy trading. There's no in-house platform. The servers sit in Equinix NY4 and a free VPS is on offer. More than 2,250 CFDs cover forex, indices, commodities, shares (including 24-hour US stocks), ETFs, bonds, crypto and futures.",
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                "text": "There are over 15 funding methods in 10 base currencies, including bank wire, cards, PayPal, Skrill, Neteller, crypto and local options like POLi, BPAY and Thai or Vietnamese internet banking. IC doesn't charge for deposits or withdrawals. Card withdrawals take 3 to 5 business days and international wires can take up to 14 days with bank fees.",
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        "futures"
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        "forex",
        "indices",
        "commodities",
        "stocks",
        "etfs",
        "futures",
        "crypto",
        "bonds"
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          "regulator": "asic",
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        {
          "regulator": "cysec",
          "entity": "IC Markets (EU) Ltd",
          "licence": "362/18"
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        {
          "regulator": "fsa_seychelles",
          "entity": "IC Markets Global",
          "licence": "SD018"
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        {
          "regulator": "fsc_mauritius",
          "entity": "IC Trading",
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        "mt4",
        "mt5",
        "ctrader",
        "tradingview"
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          "max_leverage": "1:5000 (global entity); 1:30 for EU retail clients"
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          "name": "Raw Spread (cTrader)",
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          "name": "Standard",
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          "name": "Raw Pro",
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          "name": "Raw Pro +",
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        "Raw spreads from 0.0 pips with EUR/USD averaging 0.1",
        "MT4, MT5, cTrader and TradingView all supported",
        "No minimum deposit on the main accounts",
        "No broker fees on deposits or withdrawals",
        "Free VPS and servers in Equinix NY4, a good fit for EAs and scalping"
      ],
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        "No platform of its own",
        "CFDs only, no real share or futures ownership",
        "Very high leverage on the global entity is easy to misuse",
        "International bank wires can take up to 14 days and carry bank fees"
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          "scale": 5,
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          "source": "trustpilot",
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          "count": 1,
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        {
          "source": "forexpeacearmy",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.forexpeacearmy.com/forex-reviews/8264/ic-markets-forex-brokers",
          "checked_on": "2026-10-06"
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        {
          "source": "myfxbook",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.myfxbook.com/reviews/brokers/ic-markets/175981,1",
          "checked_on": "2026-10-06"
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        {
          "source": "reddit",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.reddit.com/search/?q=ic+markets",
          "checked_on": "2026-10-06"
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          {
            "content": [
              {
                "text": "IC Markets, now trading as IC, is one of the most reviewed forex brokers around. Its main Trustpilot page holds 4.8 from about 56,800 reviews (the figure Compare Forex Brokers recorded on 1 October 2026), while the newer ic.com page has a single review so far. Forex Peace Army and Myfxbook both carry long review threads but no score in the evidence we collected. Praise centres on cost and execution; the complaints that recur are about withdrawals and account holds.",
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                        "text": "Fast, stable execution.",
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                        "text": "Platform choice.",
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                        "text": " Several like having TradingView alongside MetaTrader and cTrader.",
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                        "text": " Live chat gets frequent praise for being available and quick.",
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                        "text": "Slow or blocked withdrawals.",
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                        "text": " Several Forex Peace Army and Reddit posters describe withdrawals delayed for weeks, repeated document requests, or bank wires cancelled in favour of crypto payouts under the return-to-source rule. Some of these threads were later marked resolved.",
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                        "text": "Accounts frozen on compliance grounds.",
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                        "text": " A few traders say their accounts were suspended after sanctions-related reviews tied to where they live, with funds held while the case dragged on.",
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                        "text": "Slippage and forced closes.",
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                      {
                        "text": " Some reviewers say stops filled badly in fast markets or that positions were closed in ways they dispute.",
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                        "text": "Support during disputes.",
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                        "text": " Some say replies slowed or tickets were closed without a clear answer once a problem started.",
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                "text": "Recently",
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              {
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                  {
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                        "marks": [
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                        "text": "July 2026:",
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                      {
                        "text": " a Forex Peace Army thread from 13 July reports a withdrawal that had not arrived after a month, with emails unanswered.",
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                "content": [
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                        "marks": [
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                        "text": "July 2026:",
                        "type": "text"
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                      {
                        "text": " BrokerChooser's summary of public opinion from May to August 2026 lists withdrawal delays and account holds as the biggest complaint pattern, with slippage during news next.",
                        "type": "text"
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                "text": "Where this comes from",
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                        "text": "Trustpilot",
                        "type": "text"
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                      {
                        "text": ": the main IC Markets review page.",
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              {
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                  {
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                      {
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                          }
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                        "text": "Trustpilot (ic.com)",
                        "type": "text"
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                      {
                        "text": ": the page for the new domain, one review so far.",
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                        "text": "Forex Peace Army",
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                      {
                        "text": ": trader reviews and the complaint threads.",
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              {
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
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                            "type": "link"
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                        "text": "Myfxbook",
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                      {
                        "text": ": trader reviews.",
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              {
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                  {
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                              "rel": "noopener noreferrer nofollow",
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                            },
                            "type": "link"
                          }
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                        "text": "Reddit search",
                        "type": "text"
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                      {
                        "text": ": threads on r/Forex, r/Daytrading and r/ICMarkets.",
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                            "type": "link"
                          }
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                        "text": "Compare Forex Brokers",
                        "type": "text"
                      },
                      {
                        "text": ": source of the dated Trustpilot figure.",
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      "seo_title": "IC Markets review: regulation, fees and platforms",
      "seo_description": "IC Markets is an ASIC, CySEC and FSA Seychelles regulated CFD broker with no minimum deposit, MT4, MT5, cTrader and TradingView, and raw spreads from 0.0.",
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    {
      "slug": "cmc-markets",
      "name": "CMC Markets",
      "tagline": "FTSE 250 listed UK spread betting and CFD broker with 300+ forex pairs",
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          {
            "content": [
              {
                "text": "CMC Markets is a London broker that's been going since 1989 and is listed in the FTSE 250. Its bread and butter is spread betting and CFDs, and it's a good fit for forex and index traders who want a huge range of markets, especially currency pairs, where it lists more than 300. It also runs ISAs and a SIPP. The UK business is regulated by the FCA, and the group also holds licences from ASIC in Australia, the FMA in New Zealand, MAS in Singapore and CIRO in Canada. It doesn't take US clients.",
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            "content": [
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                "text": "Accounts and costs",
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            "content": [
              {
                "text": "None of the accounts has a minimum deposit. The CFD and spread betting accounts price mostly through the spread, from 0.2 points, with commission only on share and ETF CFDs (US ones start at $10, UK and European ones are free). FX Active swaps that for a commission and spreads from 0.0 pips on six major pairs. Retail leverage tops out at 30:1, and every trader drops into Price+, which trims spreads by up to 40% as your monthly volume grows. After a year without trading you'll pay £10 a month. Worth knowing: 69% of retail CFD and spread bet accounts lose money here.",
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                "text": "Platforms and markets",
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                "text": "You can trade on CMC's own web platform and mobile app, MT4, MT5, or link the account to TradingView. Markets cover forex, indices, commodities, shares, ETFs, treasuries, options and crypto CFDs. There's a free demo account too.",
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            "content": [
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                "text": "Money in and out",
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          {
            "content": [
              {
                "text": "Deposits go in by bank transfer or debit card, and reviewers also list PayPal in some regions. CMC doesn't charge for deposits or standard withdrawals, though your bank might on international wires. UK client money sits in segregated accounts, and eligible deposits are covered by the FSCS up to £85,000.",
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      "website_url": "https://www.cmcmarkets.com",
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        "options"
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        "indices",
        "commodities",
        "stocks",
        "etfs",
        "options",
        "crypto",
        "bonds"
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          "regulator": "fca",
          "entity": "CMC Markets UK plc",
          "licence": "173730"
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        {
          "regulator": "fca",
          "entity": "CMC Spreadbet plc",
          "licence": "170627"
        },
        {
          "regulator": "fca",
          "entity": "CMC Markets Investments Limited",
          "licence": "948126"
        },
        {
          "regulator": "asic",
          "entity": "CMC Markets Stockbroking Limited",
          "licence": "246381"
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        {
          "regulator": "fma",
          "entity": "CMC Markets NZ Limited",
          "licence": "41187"
        },
        {
          "regulator": "mas",
          "entity": "",
          "licence": ""
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        {
          "regulator": "ciro",
          "entity": "CMC Markets Canada Inc",
          "licence": "NRD 12570"
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        {
          "regulator": "other",
          "entity": "",
          "licence": "",
          "note": "Bermuda Monetary Authority (BMA)"
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      "platforms": [
        "mt4",
        "mt5",
        "tradingview",
        "proprietary"
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          "name": "CFD trading",
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          "pricing": "Spreads from 0.2 points, no commission except on share and ETF CFDs (US from $10, none on UK and European)",
          "max_leverage": "30:1 (retail)"
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        {
          "name": "Spread betting (UK)",
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          "currency": "GBP",
          "pricing": "Spreads from 0.2 points, no commission",
          "max_leverage": "30:1 (retail)"
        },
        {
          "name": "FX Active",
          "min_deposit": 0,
          "currency": "GBP",
          "pricing": "Commission-based forex, spreads from 0.0 pips on six major pairs and 25% off spreads on other FX pairs",
          "max_leverage": "30:1 (retail)"
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        {
          "name": "Equities (CMC Invest)",
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          "currency": "GBP",
          "pricing": "0% commission and no platform fee on the Core plan, FX fee may apply on international trades",
          "max_leverage": ""
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        "Regulated by the FCA, ASIC, MAS, FMA and CIRO, and listed on the London Stock Exchange",
        "No minimum deposit on any account",
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        "Own web platform plus MT4, MT5 and TradingView",
        "Price+ scheme cuts spreads by up to 40% for active traders",
        "Stocks and Shares ISA, SIPP and GIA with fractional shares on the investing side"
      ],
      "cons": [
        "69% of retail spread bet and CFD accounts lose money with this provider",
        "US share CFDs carry a commission from $10",
        "£10 monthly inactivity fee after a year without trading",
        "No swap-free accounts and no US clients"
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        {
          "source": "other",
          "label": "Good Money Guide",
          "rating": 4.2,
          "scale": 5,
          "count": 237,
          "url": "https://goodmoneyguide.com/review/cmc-markets/",
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        {
          "source": "myfxbook",
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          "count": null,
          "url": "https://www.myfxbook.com/reviews/brokers/cmc-markets/111,1",
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        {
          "source": "reddit",
          "rating": null,
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          {
            "content": [
              {
                "text": "CMC Markets gets mostly good marks from its own clients, with a gap between platform praise and a minority of service complaints. It holds 4.2 on Trustpilot from about 3,400 reviews, 4.2 on TradingView from about 1,200 ratings (as reported by CompareForexBrokers) and 4.2 from about 240 Good Money Guide users. The Australian site ProductReview.com.au is much lower at 2.5. Forex Peace Army has a long-running page with mixed write-ups but no score in our evidence.",
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                "text": "What traders like",
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                        "text": "The platform.",
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                      },
                      {
                        "text": " Reviewers on Trustpilot and TradingView often describe the Next Generation platform as stable, quick to open and close positions, and well equipped for charting.",
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                        "text": "Range of markets.",
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                      },
                      {
                        "text": " Many pick CMC for its breadth across forex, indices, shares, commodities and treasuries, and some Reddit users say no other CFD broker they found covers as much.",
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                        "text": "TradingView connection.",
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                      {
                        "text": " Several TradingView reviewers say the integration works well, even if CMC's own interface takes time to learn.",
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                "text": "Common complaints",
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                        "text": "Withdrawals and account access.",
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                      },
                      {
                        "text": " A minority of reviewers on Trustpilot and ProductReview.com.au say withdrawals sat pending for weeks or that they were locked out of an account. Review aggregators such as Tradomatix and WikiFX summarise the same pattern, while BrokerListings says it found no credible pattern of refused withdrawals.",
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                        "text": "Forced closures.",
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                      },
                      {
                        "text": " Some reviewers on Reddit and Forex Peace Army say positions were closed without their say, including the Turkish lira contracts CMC shut in April 2025.",
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                        "text": "Execution and costs.",
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                      {
                        "text": " Some say slippage and spreads widen in fast markets, and that swap and share CFD costs run high.",
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                      }
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                    "content": [
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                        "text": "App and login bugs.",
                        "type": "text"
                      },
                      {
                        "text": " Several mention glitches, MFA problems and trouble connecting through TradingView.",
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                      }
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            "content": [
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                "text": "Recently",
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                        "text": "July 2026:",
                        "type": "text"
                      },
                      {
                        "text": " one Forex Peace Army reviewer says CMC liquidated their open positions in error and offered small compensation.",
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                      }
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                        "text": "May to August 2026:",
                        "type": "text"
                      },
                      {
                        "text": " BrokerChooser's summary of forum opinion for that period lists app bugs, verification problems and occasional slippage. Trustpilot's score held at 4.2 in August.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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            "content": [
              {
                "text": "Where this comes from",
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              {
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                        "text": "Trustpilot",
                        "type": "text"
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                        "text": ": the main review page, the largest pool.",
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              {
                "content": [
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                        "text": "Forex Peace Army",
                        "type": "text"
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                      {
                        "text": ": trader reviews and disputes.",
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                "content": [
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                        "text": "TradingView",
                        "type": "text"
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                        "text": ": reviews from traders who connected an account.",
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                        "text": "Good Money Guide",
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                        "text": ": user ratings alongside an expert review.",
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "ProductReview.com.au",
                        "type": "text"
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                        "text": ": Australian customer reviews.",
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                "content": [
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                        "text": "Myfxbook",
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                        "text": ": a small set of trader comments.",
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                        "text": "Reddit search",
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                        "text": ": threads in r/Daytrading, r/Forex and r/AusFinance.",
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      "seo_title": "CMC Markets review: regulation, fees and platforms",
      "seo_description": "CMC Markets review: FCA, ASIC and MAS regulated, no minimum deposit, MT4, MT5 and TradingView, spread betting, CFDs on 300+ FX pairs, options and ISAs.",
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    {
      "slug": "oanda",
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      "tagline": "Long-running forex and CFD broker with its own platform, MT4/MT5, TradingView and an API",
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            "content": [
              {
                "text": "OANDA is a forex and CFD broker that's been around since the late nineties, and it's one of the few big names that takes US clients through OANDA Corporation, an NFA member. Outside the US you'll land with a local entity: the FCA in the UK, ASIC in Australia, MAS in Singapore, the KNF in Poland through OANDA TMS Brokers, or the BVI FSC for OANDA Global Markets. It suits forex traders who care more about regulation and a good API than a huge product list.",
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                "text": "Accounts and costs",
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            "content": [
              {
                "text": "The standard account has no minimum deposit. Pricing is spread only, starting around 0.6 pips on EUR/USD and 1 point on the UK 100. Core pricing gives you a tighter spread plus a fixed commission, but reviewers put the entry point at $10,000. UK clients who meet the professional tests can get up to 1:100 on forex, at the cost of negative balance protection. US clients are capped at 1:50 on forex, and the BVI entity goes much higher.",
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                "text": "You get OANDA's web platform and app, MT4, MT5 and TradingView on one login. Which one you can use depends on the sub-account: the v20 side runs MT4, the API and the OANDA web platform, while OANDA One runs MT5 and adds share and ETF CFDs. Forex is the core, with 65+ pairs, plus indices, commodities, metals and bonds. US individual accounts can also trade spot crypto. The range changes a lot by region.",
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                "text": "Money in and out",
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            "content": [
              {
                "text": "You can fund by bank transfer or debit card, and some entities take PayPal or Neteller. Card withdrawals are free, but bank wires carry a fee, around £10 in the UK. US accounts pay $10 a month if they sit dormant for over a year.",
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        {
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          "max_leverage": ""
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        {
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        "Choice of OANDA web and app, MT4, MT5 and TradingView on one login",
        "Well-documented API for automated trading",
        "Tax-free spread betting sub-account for UK clients"
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        "Market range depends heavily on which OANDA entity you join; UK clients see far fewer instruments",
        "Bank wire withdrawals carry a fee",
        "US accounts pay a $10 monthly inactivity fee after a year without trading",
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          "source": "trustpilot",
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          "source": "forexpeacearmy",
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                "text": "OANDA gets a split verdict. Its main Trustpilot page has about 1,200 reviews, and a comparison site puts the score at 3.7. The Asia Pacific page shows 4 stars from about 107. Sitejabber has only 7 reviews, averaging 1.6. Forex Peace Army, Myfxbook and TradingView all host long review threads, but the bundle shows no score for them. Praise centres on the platforms and a long record. Complaints centre on withdrawals and accounts that were frozen.",
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                "text": "What traders like",
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                        "text": "Easy platforms and integrations.",
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                      },
                      {
                        "text": " Reviewers on Myfxbook, TradingView and Reddit like the clean web app, the API and the links to TradingView and Myfxbook.",
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                        "text": "Flexible trade sizes.",
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                        "text": " Several Trustpilot reviewers mention a call from staff within a day or two of signing up.",
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                        "text": "Withdrawals that stall.",
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                      {
                        "text": " Many low reviews on Forex Peace Army, TradingView, Sitejabber and Reddit describe withdrawals that were declined or held for weeks. The usual cause given is the rule that money goes back to the card used to deposit, which hurts when that card has expired.",
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                      {
                        "text": " Some say trading was switched off while documents were reviewed, or after they went over a risk limit, with slow replies.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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                "content": [
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                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Support that goes quiet.",
                        "type": "text"
                      },
                      {
                        "text": " Several say calls and emails went unanswered once a dispute started.",
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                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Spreads and execution.",
                        "type": "text"
                      },
                      {
                        "text": " A few long-time users mention wider spreads in fast markets, positions being merged into one, and trades cancelled after the fact.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
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            "content": [
              {
                "text": "Recently",
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              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "July 2026:",
                        "type": "text"
                      },
                      {
                        "text": " new Forex Peace Army reviews describe blocked funds and accounts switched off while documents were checked.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
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                        "text": "August 2026:",
                        "type": "text"
                      },
                      {
                        "text": " one review site cites a broker database that logged about 100 complaints in three months, and a 2025 NFA fine of USD 600,000. These are third-party claims.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.trustpilot.com/review/www.oanda.com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the main review page.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot (Asia Pacific)",
                        "type": "text"
                      },
                      {
                        "text": ": the regional page.",
                        "type": "text"
                      }
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                    "type": "paragraph"
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.forexpeacearmy.com/forex-reviews/88/oanda-currency-fx-review",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": long reviews and disputes.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                            "attrs": {
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Sitejabber",
                        "type": "text"
                      },
                      {
                        "text": ": a small set of reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Myfxbook",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                            "attrs": {
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "TradingView",
                        "type": "text"
                      },
                      {
                        "text": ": reviews from TradingView users.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "BBB complaints",
                        "type": "text"
                      },
                      {
                        "text": ": US complaint cases, mostly about withdrawals.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.reddit.com/search/?q=oanda",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit search",
                        "type": "text"
                      },
                      {
                        "text": ": threads in r/Forex and related subreddits.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              }
            ],
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        "type": "doc"
      },
      "reviews_checked_on": "2026-10-06",
      "featured": false,
      "sort_order": 50,
      "seo_title": "OANDA review: regulation, fees and platforms",
      "seo_description": "OANDA review: NFA, FCA, ASIC, MAS and KNF regulated, no minimum deposit, MT4, MT5, TradingView and its own platform for forex, indices, metals and CFDs.",
      "logo": "/logos/brokers/oanda.png"
    },
    {
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      "name": "FOREX.com",
      "tagline": "StoneX-owned forex broker with MT4, MT5, TradingView and raw-spread pricing",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "FOREX.com is a long-running forex and CFD broker that's now part of StoneX, a publicly listed US group. It suits forex traders who want a choice between spread-only and raw-spread pricing, and it's one of the few big names open to US clients, where it works under NFA rules. Outside the US you trade CFDs, with UK retail leverage capped at 30:1.",
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            "content": [
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                "text": "Accounts and costs",
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            "content": [
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                "text": "The ",
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                "text": "Standard Account",
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                "text": " is spread only, with no commission and EUR/USD from about 1.2 pips. The ",
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                "text": "RAW Spread Account",
                "type": "text"
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                "text": " gets spreads from 0.0 on the major pairs and charges $7 per $100k traded on each side of the trade. There are also dedicated MetaTrader accounts. All of these start at $100, though FOREX.com suggests $1,000 to $2,500.",
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          {
            "content": [
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                "text": "High-volume traders can look at the ",
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                  {
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                "text": "DMA account",
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              {
                "text": ", which uses raw prices and a commission of $2 to $6 per lot depending on monthly volume. It trades in full lots only and the broker recommends a $25,000 balance.",
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            "content": [
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                "text": "Platforms and markets",
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            "content": [
              {
                "text": "You get MT4, MT5, TradingView and FOREX.com's own web, desktop and mobile platforms. MT4 offers Expert Advisor hosting and the Standard and Commission accounts can be traded through a REST API. The UK site lists over 6,000 markets, including 84 FX pairs, 21 major indices, thousands of shares and a range of commodities and metals. Futures and stock trading sit in a separate account.",
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            "content": [
              {
                "text": "Money in and out",
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          {
            "content": [
              {
                "text": "You can fund by bank wire, ACH in the US, debit or credit card, or a local-currency online transfer. FOREX.com doesn't charge deposit fees, although currency conversion applies. On the US site, bank withdrawals are free with a $25,000 per-transaction limit, and card withdrawals are capped at your net deposits from the past six months.",
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          "max_leverage": "1:50 on major FX pairs (US clients); 1:30 for UK retail"
        },
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          "currency": "USD",
          "pricing": "Spreads from 0.0 on major FX pairs plus $7 commission per $100k traded, charged on each leg",
          "max_leverage": "1:50 on major FX pairs (US clients); 1:30 for UK retail"
        },
        {
          "name": "MetaTrader Account",
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          "currency": "USD",
          "pricing": "Commission-free and commission-based pricing on MT4 and MT5",
          "max_leverage": ""
        },
        {
          "name": "DMA Account",
          "min_deposit": null,
          "currency": "USD",
          "pricing": "Raw spreads plus tiered commission of $2 to $6 per standard lot by monthly volume; 1 lot minimum trade, $25,000 recommended balance",
          "max_leverage": ""
        }
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      "min_deposit": 100,
      "min_deposit_currency": "USD",
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        "MT4, MT5, TradingView and its own web and desktop platforms",
        "No deposit fees charged by the broker",
        "Owned by StoneX, a publicly listed US group",
        "REST API access on Standard and Commission accounts"
      ],
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        "Standard account spreads are average unless you trade a lot",
        "DMA account is aimed at large balances and 1-lot minimum trades",
        "Stocks and futures need a separate account",
        "Card withdrawals are capped at net deposits from the last six months"
      ],
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          "rating": 4.6,
          "scale": 5,
          "count": 2513,
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          "checked_on": "2026-10-06"
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          "scale": null,
          "count": null,
          "url": "https://www.forexpeacearmy.com/forex-reviews/66/forex-com-reviews",
          "checked_on": "2026-10-06"
        },
        {
          "source": "myfxbook",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.myfxbook.com/reviews/brokers/forexcom/10,1",
          "checked_on": "2026-10-06"
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        {
          "source": "other",
          "label": "TradingView",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.tradingview.com/broker/FOREXcom/reviews/",
          "checked_on": "2026-10-06"
        },
        {
          "source": "other",
          "label": "Better Business Bureau",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.bbb.org/us/nj/bedminster/profile/stock-brokers/forexcom-0221-12003367/complaints",
          "checked_on": "2026-10-06"
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        {
          "source": "reddit",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.reddit.com/search/?q=forex.com",
          "checked_on": "2026-10-06"
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          {
            "content": [
              {
                "text": "FOREX.com reviews are mostly positive on the big platforms, with a smaller but persistent thread of withdrawal complaints elsewhere. It holds 4.6 on Trustpilot from about 2,500 reviews. Forex Peace Army, Myfxbook, TradingView and the Better Business Bureau all have pages on the broker, but none of their scores show up in the material we collected.",
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              {
                "text": "What traders like",
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                        "text": "Fast support.",
                        "type": "text"
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                      {
                        "text": " Many Trustpilot reviewers mention reaching a support agent within seconds on live chat, and some name staff who escalated their case.",
                        "type": "text"
                      }
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                  }
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
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                        "text": "Platform choice.",
                        "type": "text"
                      },
                      {
                        "text": " Reviewers like being able to trade on the broker's own platform, MetaTrader and TradingView from one account.",
                        "type": "text"
                      }
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                "content": [
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                    "content": [
                      {
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                          {
                            "type": "bold"
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                        "text": "Spreads on major pairs.",
                        "type": "text"
                      },
                      {
                        "text": " Several Reddit users put FOREX.com alongside OANDA as cheaper than some larger rivals on forex spreads.",
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                      }
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                ],
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
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                        "text": "Deposits and withdrawals that work.",
                        "type": "text"
                      },
                      {
                        "text": " A good share of TradingView and Reddit reviewers say they have moved money in and out for years without trouble.",
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                "text": "Common complaints",
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                        "text": "Withdrawals held for review.",
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                      },
                      {
                        "text": " The most common complaint on Forex Peace Army, Reddit, the BBB and Myfxbook is a withdrawal stuck in a compliance or verification review for weeks, with the trader saying they got little explanation. Some replies on Reddit point out that withdrawing to a bank account that differs from the deposit account often triggers these checks.",
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                "content": [
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                        "text": "Accounts closed without warning.",
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                      {
                        "text": " Several reviewers on Trustpilot and Myfxbook say their account was restricted or closed with a short notice and no detailed reason.",
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
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                        "text": "Slippage.",
                        "type": "text"
                      },
                      {
                        "text": " A few long-time users say large slippage happens from time to time and that support replies to it with stock answers.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
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                        "text": "Platform logouts.",
                        "type": "text"
                      },
                      {
                        "text": " Some TradingView reviewers say the platform logs them out mid-session.",
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                    ],
                    "type": "paragraph"
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                "text": "Recently",
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          {
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              {
                "content": [
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                        "text": "August 2026:",
                        "type": "text"
                      },
                      {
                        "text": " a Forex Peace Army reviewer says a withdrawal has sat in account review for a very long time.",
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                    ],
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
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                        "text": "October 2026:",
                        "type": "text"
                      },
                      {
                        "text": " recent Trustpilot reviews keep praising response times from support. The score has held steady through the year.",
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            "content": [
              {
                "text": "Where this comes from",
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            "type": "heading"
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              {
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                  {
                    "content": [
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                              "target": "_self"
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                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the broker's main review page.",
                        "type": "text"
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                "content": [
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                    "content": [
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                        "marks": [
                          {
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                          }
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                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews, including withdrawal disputes.",
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                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              },
              {
                "content": [
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Myfxbook",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
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                      {
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "TradingView",
                        "type": "text"
                      },
                      {
                        "text": ": reviews from traders who connect the broker to TradingView.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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              },
              {
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                  {
                    "content": [
                      {
                        "marks": [
                          {
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Better Business Bureau",
                        "type": "text"
                      },
                      {
                        "text": ": US customer complaints.",
                        "type": "text"
                      }
                    ],
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                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
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                              "target": "_self"
                            },
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                          }
                        ],
                        "text": "Reddit search",
                        "type": "text"
                      },
                      {
                        "text": ": threads in r/Forex and r/Daytrading.",
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      "seo_title": "FOREX.com review: regulation, fees and platforms",
      "seo_description": "FOREX.com review: NFA-regulated in the US, $100 minimum deposit, Standard and RAW Spread accounts, MT4, MT5 and TradingView, forex, indices and commodities.",
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    },
    {
      "slug": "xtb",
      "name": "XTB",
      "tagline": "Warsaw-listed CFD and share broker with its own xStation platform and no minimum deposit",
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          {
            "content": [
              {
                "text": "XTB is a Polish broker, listed on the Warsaw Stock Exchange and running since 2002, that mixes leveraged CFD trading with plain stock and ETF investing in one account. It suits someone who wants both under one roof on one in-house platform. UK clients sit with XTB Limited under the FCA, EU clients with XTB Limited in Cyprus under CySEC, and the Polish parent is supervised by the KNF. Everyone outside the UK and EU goes to XTB International, regulated in Belize.",
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                "text": "Accounts and costs",
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                "text": "There's no minimum deposit in the UK. Stocks and ETFs are commission-free up to the equivalent of €100,000 a month in turnover, then 0.2% with a £10 minimum, and there's a 0.5% conversion fee when you buy in another currency. CFDs carry no commission, with costs in the spread from 0.3 on the UK site, and leverage is capped at 1:30 for UK retail clients. The international Standard account goes up to 1:500, and there's a swap-free version for a $1 deposit. UK clients also get a stocks and shares ISA and interest on cash they haven't invested.",
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                "text": "Platforms and markets",
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            "content": [
              {
                "text": "You trade on xStation, XTB's own web, desktop and mobile platform. MT4 and MT5 are gone and there's no TradingView link or API, so Expert Advisor users should look elsewhere. The range is wide: 9,200+ stocks and ETFs from the EU and US, and 2,600+ CFDs on forex, indices, commodities and crypto.",
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                "text": "Money in and out",
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              {
                "text": "UK deposits go in by card or bank transfer in GBP, EUR or USD, free from XTB's side. Withdrawals are free too, but they only go back by bank transfer, and international clients need to take out more than $50 to avoid a fee.",
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        {
          "regulator": "cysec",
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          "licence": "169/12"
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          "regulator": "knf",
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        },
        {
          "regulator": "fsca",
          "entity": "XTB Africa (PTY) Ltd",
          "licence": "49970"
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        {
          "regulator": "other",
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        "No minimum deposit and free deposits and withdrawals",
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        "Regulated by the FCA, CySEC and KNF, with negative balance protection",
        "Stocks and shares ISA plus interest on uninvested cash for UK clients",
        "Large market list: 11,900+ instruments including 2,600+ CFDs"
      ],
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        "No MT4, MT5 or TradingView: xStation is the only platform",
        "0.5% currency conversion fee on foreign stocks and CFDs",
        "Withdrawals go by bank transfer only",
        "Offshore Belize entity is the one offering 1:500 leverage"
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          "url": "https://www.forexpeacearmy.com/forex-reviews/3597/xtb-review",
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        {
          "source": "myfxbook",
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          "url": "https://www.myfxbook.com/reviews/brokers/xtb/1472231,1",
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          "rating": 1,
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        {
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          "url": "https://www.reddit.com/search/?q=xtb",
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              {
                "text": "XTB gets a mixed but mostly workable picture from its customers. It holds 3.6 on Trustpilot from about 2,900 reviews, and one review site counts roughly a quarter of those reviews as one star. Forex Peace Army and Myfxbook both have pages on XTB but show no score in what we collected. Long-term investors in Europe, many of them on Reddit, tend to be happy; the angriest reviews are about getting money out.",
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                "text": "What traders like",
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                        "text": "Low cost for shares and ETFs.",
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                        "text": " European investors on Reddit often say the zero-commission stock and ETF trading is the main reason they picked XTB, and several say they have used it for years without a problem.",
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                        "text": "The app and xStation.",
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                        "text": " Reviewers describe the platform as fast and easy to use, and a Myfxbook write-up calls it reliable for traders happy to stay with one broker.",
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                        "text": "Withdrawals.",
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                      {
                        "text": " A steady stream of reviews on Trustpilot, Forex Peace Army and Reddit say withdrawals were delayed, or that bank documents were rejected more than once before money was released. Some Reddit replies point out that many of these cases come down to incomplete verification.",
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                        "text": "Support that goes quiet.",
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                        "text": " Several reviewers say live chat closes conversations quickly, or that replies stop once a problem escalates.",
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                        "text": "Hidden costs.",
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                        "text": " Some Reddit users mention the 0.5% currency conversion fee and wide spreads on some CFDs, and say moving shares out to another broker is awkward.",
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                        "text": "Clone sites.",
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                      },
                      {
                        "text": " WikiFX warns that fake websites using XTB's name have taken money from people, which shows up in some of the scam claims online.",
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                        "text": "September 2026:",
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                      },
                      {
                        "text": " Trustpilot reviews from the last few weeks still mix praise for the app with complaints about withdrawal procedures and card deposits. A September review article notes a second fine from the Polish regulator KNF in 2026, of PLN 20 million.",
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                        "text": "August 2026:",
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                        "text": " WikiFX recorded a high number of recent user complaints, mostly about withdrawals.",
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                        "text": "Trustpilot",
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                        "text": ": the main review page.",
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                        "text": "Forex Peace Army",
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                      {
                        "text": ": trader reviews and withdrawal threads.",
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              {
                "content": [
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                        "text": "Myfxbook",
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                      {
                        "text": ": trader reviews.",
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              {
                "content": [
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
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                        ],
                        "text": "Sitejabber",
                        "type": "text"
                      },
                      {
                        "text": ": a single review only.",
                        "type": "text"
                      }
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              },
              {
                "content": [
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                            },
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                          }
                        ],
                        "text": "Reddit search",
                        "type": "text"
                      },
                      {
                        "text": ": investor threads, many in Polish and Spanish.",
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              {
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                        "text": "YouTube",
                        "type": "text"
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                      {
                        "text": ": a video review.",
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                        ],
                        "text": "Revenue.Land",
                        "type": "text"
                      },
                      {
                        "text": ": a client's review with the KNF fine details.",
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      "seo_title": "XTB review: regulation, fees and platforms",
      "seo_description": "XTB review: FCA, CySEC and KNF regulated, no minimum deposit, xStation platform only, CFDs on forex, indices and crypto plus commission-free stocks and ETFs.",
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    {
      "slug": "plus500",
      "name": "Plus500",
      "tagline": "LSE-listed CFD broker with its own simple platform, plus a US futures arm",
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        "content": [
          {
            "content": [
              {
                "text": "Plus500 is a CFD broker that keeps things deliberately plain: one main account, its own platform and no commissions. It suits newer traders who want a clean app more than a toolbox. The group has entities licensed by the FCA in the UK, CySEC in Cyprus, ASIC in Australia, the DFSA in Dubai and the FSA in Seychelles, and its US arm is a CFTC-registered futures broker and NFA member. The parent company is listed on the London Stock Exchange.",
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                "text": "Accounts and costs",
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          {
            "content": [
              {
                "text": "Most people get the standard CFD account with a $100 minimum deposit. You don't pay commission; the cost sits in the spread, with EUR/USD quoted from around 0.8 pips. Retail leverage in the UK and EU is capped at 1:30, and if you qualify as a professional client you can go up to 1:300. Watch for the inactivity fee and a currency conversion charge of up to 0.7% if you fund in a different currency to your account.",
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              {
                "text": "There's no MetaTrader or cTrader here. You trade on Plus500's own WebTrader or its mobile apps, which are easy to pick up but don't support bots or copy trading. You'll find 2,800+ CFDs across forex, indices, commodities, shares, ETFs, options and crypto. Guaranteed stop-loss orders are on offer for a wider spread. In the US, Plus500 sells futures instead of CFDs, and those can also be traded through TradingView.",
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                "text": "Plus500 gets a split verdict depending on where you look. It holds 4.2 on Trustpilot from about 20,000 reviews, but only 1.56 on Reviews.io from about 600, and Forex Peace Army's page carries a \"high level of caution\" banner without a score shown in our evidence. Reddit threads lean negative, with the same themes recurring for years: withdrawals held up during account reviews and disputes over spreads and stop-outs.",
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                        "text": " Older reviews say profitable short-term traders were restricted without a clear definition of the rule.",
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                        "text": " a Trustpilot reviewer says new requests for property documents led them to ask for their account to be closed. Plus500 replied that periodic checks are a legal requirement. A German Reviews.io reviewer reported being locked out of their account for about 68 hours with a position open in early September.",
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                        "text": "Trustpilot",
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                        "text": "Forex Peace Army",
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                        "text": "Myfxbook",
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                "text": "AvaTrade is a forex and CFD broker that's been around since 2006 and is run out of Dublin. It suits newer traders who like fixed costs and plenty of platform choice, and people who want to trade vanilla FX options next to their CFDs. The group holds licences from the Central Bank of Ireland, ASIC in Australia, the FSCA in South Africa, the Polish KNF, Japan's FSA, the Abu Dhabi FSRA and the BVI FSC. Which company you sign up with depends on where you live, and so do your protections.",
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      "review_summary_json": {
        "content": [
          {
            "content": [
              {
                "text": "AvaTrade's reviews split sharply by site. It holds 4.8 on Trustpilot from about 13,400 reviews, where most reviewers describe quick onboarding and easy deposits. The smaller complaint sites look very different: SmartCustomer shows 1.4 from just 16 reviews, and the Forex Peace Army page and forum carry a long run of withdrawal disputes. Forex Peace Army's own score did not appear in what we collected.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "What traders like",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Fast onboarding.",
                        "type": "text"
                      },
                      {
                        "text": " Many Trustpilot reviewers say verification, funding and the first trade happened within a short time.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Easy money movement.",
                        "type": "text"
                      },
                      {
                        "text": " Several say deposits and withdrawals are quick, and some like trading in their local currency, such as South African rand.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Helpful support.",
                        "type": "text"
                      },
                      {
                        "text": " Customer service gets regular praise, including help with sorting out verification documents.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Platform choice.",
                        "type": "text"
                      },
                      {
                        "text": " A few Myfxbook and Forex-Ratings reviewers mention MT4, low spreads and a low $100 minimum deposit as reasons they stayed.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Common complaints",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Withdrawals.",
                        "type": "text"
                      },
                      {
                        "text": " The most repeated complaint. Forex Peace Army threads and complaint sites describe withdrawals held for compliance review, money routed back to old credit cards under anti-money-laundering rules, and one reviewer who says a withdrawal marked as sent never arrived.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Sales calls.",
                        "type": "text"
                      },
                      {
                        "text": " Several Reddit and Forex Peace Army posters say account managers phoned them to deposit more, which they read as a warning sign.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Automated trading.",
                        "type": "text"
                      },
                      {
                        "text": " One Reddit poster says AutoTrading was switched off on their MT5 Expert Advisor mid-trade, leaving stops unmanaged.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Doubts about the Trustpilot score.",
                        "type": "text"
                      },
                      {
                        "text": " Some Reddit users say the positive reviews look too uniform to trust. That is their opinion, not something we could check.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "content": [
              {
                "text": "Forex Peace Army also notes that since 2013 it has advised against news-trading software with AvaTrade, over how off-market fills are judged.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Recently",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "Nothing in the evidence is clearly dated within the last 90 days.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.trustpilot.com/review/avatrade.com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the main review page and largest pool of reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.forexpeacearmy.com/forex-reviews/539/avatrade-review",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews and the broker's long-standing FPA note.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.forexpeacearmy.com/community/tags/avatrade/",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Forex Peace Army forum",
                        "type": "text"
                      },
                      {
                        "text": ": withdrawal complaint threads.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.myfxbook.com/reviews/brokers/avatrade/623149,1",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Myfxbook",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.smartcustomer.com/reviews/avatrade.com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "SmartCustomer",
                        "type": "text"
                      },
                      {
                        "text": ": a small set of mostly negative reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.forex-ratings.com/forex-reviews/avatrade/",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Forex-Ratings",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews, including a disputed withdrawal.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.reddit.com/search/?q=avatrade",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit search",
                        "type": "text"
                      },
                      {
                        "text": ": threads in r/Daytrading and r/Forex.",
                        "type": "text"
                      }
                    ],
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                  }
                ],
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              }
            ],
            "type": "bulletList"
          }
        ],
        "type": "doc"
      },
      "reviews_checked_on": "2026-10-06",
      "featured": false,
      "sort_order": 100,
      "seo_title": "AvaTrade review: regulation, fees and platforms",
      "seo_description": "AvaTrade review: regulated by the CBI, ASIC, FSCA and more, $100 minimum deposit, MT4, MT5 and AvaOptions, with forex, CFDs, crypto and vanilla options.",
      "logo": "/logos/brokers/avatrade.png"
    },
    {
      "slug": "fxpro",
      "name": "FxPro",
      "tagline": "Multi-regulated CFD broker with MT4, MT5, cTrader and TradingView under one login",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "FxPro is a CFD and forex broker that's been around since 2006 and suits traders who want a choice of platforms without hopping between brokers. UK clients sit with FxPro UK Limited under the FCA, EU clients go through the CySEC entity, and most other countries are onboarded through Invemonde Trading in Seychelles or FxPro Global Markets in the Bahamas. Which one you land with decides your leverage and protections, so check it at sign-up.",
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              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Accounts and costs",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "The ",
                "type": "text"
              },
              {
                "marks": [
                  {
                    "type": "bold"
                  }
                ],
                "text": "Standard",
                "type": "text"
              },
              {
                "text": " account is spread-only, with FX spreads starting at 1.2 pips and a $100 minimum deposit. If you trade often, ",
                "type": "text"
              },
              {
                "marks": [
                  {
                    "type": "bold"
                  }
                ],
                "text": "Raw+",
                "type": "text"
              },
              {
                "text": " and the ",
                "type": "text"
              },
              {
                "marks": [
                  {
                    "type": "bold"
                  }
                ],
                "text": "cTrader",
                "type": "text"
              },
              {
                "text": " account drop FX and metals spreads to zero most of the day and charge $3.50 per lot per side instead. ",
                "type": "text"
              },
              {
                "marks": [
                  {
                    "type": "bold"
                  }
                ],
                "text": "Elite",
                "type": "text"
              },
              {
                "text": " is the same raw pricing with commission rebates of up to 21% for bigger accounts. Retail leverage at the FCA and CySEC entities tops out at 1:30, and overnight positions pay swaps. There's also an inactivity fee if you leave the account idle.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Platforms and markets",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "You get MT4, MT5, cTrader, the FxPro web platform and mobile app, and TradingView, which connects through a cTrader account. Expert Advisors run on MT4 and MT5, and cTrader Algos on cTrader. The range is over 2,100 CFDs: forex, shares from the US, UK and EU, spot indices, futures, metals, energy, ETFs and crypto.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Money in and out",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "Deposits land in the FxPro Wallet first and you move money to trading accounts from there. Bank wire, cards, PayPal, Skrill, Neteller and local methods are available depending on your country, and FxPro doesn't charge for them. Withdrawals go back to the method you funded with and are usually processed within a business day. The exceptions are Skrill and Neteller withdrawals when you haven't traded.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          }
        ],
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      },
      "website_url": "https://www.fxpro.com",
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      "headquarters": "United Kingdom",
      "brand_color": "#f4f4f4",
      "primary_category": "cfd",
      "categories": [
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      "markets": [
        "forex",
        "indices",
        "commodities",
        "stocks",
        "etfs",
        "futures",
        "crypto"
      ],
      "regulators": [
        {
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          "licence": "509956"
        },
        {
          "regulator": "cysec",
          "entity": "FxPro Financial Services Ltd",
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        },
        {
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          "entity": "FxPro Global Markets Ltd",
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        },
        {
          "regulator": "fsa_seychelles",
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          "licence": "SD120"
        },
        {
          "regulator": "fsca",
          "entity": "",
          "licence": ""
        }
      ],
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        "mt4",
        "mt5",
        "ctrader",
        "tradingview",
        "proprietary"
      ],
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        {
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          "min_deposit": 100,
          "currency": "USD",
          "pricing": "Floating FX spreads from 1.2 pips, no commission",
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        },
        {
          "name": "Raw+",
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          "currency": "USD",
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          "max_leverage": "1:30 (retail, FCA and CySEC entities)"
        },
        {
          "name": "Elite",
          "min_deposit": null,
          "currency": "USD",
          "pricing": "Raw+ pricing with rebates of up to 21% of commissions",
          "max_leverage": "1:30 (retail, FCA and CySEC entities)"
        },
        {
          "name": "cTrader",
          "min_deposit": null,
          "currency": "USD",
          "pricing": "Spreads from 0 on FX and metals plus $3.50 commission per lot per side",
          "max_leverage": "1:30 (retail, FCA and CySEC entities)"
        }
      ],
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      "min_deposit_currency": "USD",
      "payment_methods": [
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        "card",
        "paypal",
        "skrill",
        "neteller",
        "local"
      ],
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      "investor_protection": "Clients of FxPro UK Limited may be able to claim from the FSCS",
      "restricted_countries": [],
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        "Regulated by the FCA and CySEC, with offshore entities in the Bahamas and Seychelles",
        "Five platforms: MT4, MT5, cTrader, TradingView and its own web platform and app",
        "Raw spread accounts at $3.50 per lot per side",
        "No FxPro fees on deposits or withdrawals",
        "Over 2,100 CFD instruments across FX, shares, indices, futures, metals, energy and crypto"
      ],
      "cons": [
        "Standard account spreads start at 1.2 pips, which is wide for majors",
        "Inactivity fee if the account sits unused for a long time",
        "Skrill and Neteller withdrawals can be charged if you haven't traded",
        "CFDs only, no real shares or exchange-traded futures"
      ],
      "review_sources": [
        {
          "source": "trustpilot",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.trustpilot.com/review/www.fxpro.com",
          "checked_on": "2026-10-06"
        },
        {
          "source": "forexpeacearmy",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.forexpeacearmy.com/forex-reviews/3947/fxpro-review",
          "checked_on": "2026-10-06"
        },
        {
          "source": "sitejabber",
          "rating": 4.3,
          "scale": 5,
          "count": 313,
          "url": "https://www.sitejabber.com/reviews/fxpro.com",
          "checked_on": "2026-10-06"
        },
        {
          "source": "myfxbook",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.myfxbook.com/reviews/brokers/fxpro/29,1",
          "checked_on": "2026-10-06"
        },
        {
          "source": "other",
          "label": "TradingView",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.tradingview.com/broker/FxPro/",
          "checked_on": "2026-10-06"
        },
        {
          "source": "other",
          "label": "SmartCustomer",
          "rating": 4.5,
          "scale": 5,
          "count": 366,
          "url": "https://www.smartcustomer.com/reviews/fxpro.com",
          "checked_on": "2026-10-06"
        },
        {
          "source": "reddit",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.reddit.com/r/Forex/comments/mi1q1g/how_is_fxpro/",
          "checked_on": "2026-10-06"
        }
      ],
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        "content": [
          {
            "content": [
              {
                "text": "FxPro's clients are mostly positive about trading conditions and less settled on withdrawals. It shows 4.3 on Sitejabber from about 310 reviews and 4.5 on SmartCustomer from about 370. The Trustpilot page has hundreds of reviews but the evidence here does not show its current score: review sites quote it anywhere from 3.0 to 4.6. Forex Peace Army, Myfxbook and TradingView have pages with trader write-ups but no score in the material collected.",
                "type": "text"
              }
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            },
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              {
                "text": "What traders like",
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              }
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            "type": "heading"
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          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
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                        "text": "Execution and spreads.",
                        "type": "text"
                      },
                      {
                        "text": " Reviewers on Forex Peace Army, Myfxbook and TradingView describe fast fills during busy London and New York hours and tight spreads on cTrader accounts.",
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                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Choice of platforms.",
                        "type": "text"
                      },
                      {
                        "text": " Many like having MT4, MT5, cTrader and TradingView under one account, and several say demo accounts do not expire.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
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              {
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                    "content": [
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                        "text": "Long-standing clients.",
                        "type": "text"
                      },
                      {
                        "text": " A few reviewers say they have kept their main accounts at FxPro for a decade or more.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              }
            ],
            "type": "bulletList"
          },
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            "attrs": {
              "level": 2
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            "content": [
              {
                "text": "Common complaints",
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            ],
            "type": "heading"
          },
          {
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                        "text": "Withdrawals pending or rejected.",
                        "type": "text"
                      },
                      {
                        "text": " The most repeated complaint on Trustpilot, WikiFX and older Forex Peace Army threads is withdrawals sitting pending for days or weeks, or being refused with requests for documents that are not spelled out. FxPro's own help pages say payouts go back to the original funding source and that mismatched details cause delays.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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                ],
                "type": "listItem"
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                            "type": "bold"
                          }
                        ],
                        "text": "Profits voided over terms.",
                        "type": "text"
                      },
                      {
                        "text": " Some complaints collected by WikiFX say profits were cancelled at withdrawal for breaching the terms.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
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                        ],
                        "text": "Costs.",
                        "type": "text"
                      },
                      {
                        "text": " Some say Standard account spreads on pairs such as GBPUSD are not competitive, and one TradingView reviewer found overnight swaps on gold added up.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "TradingView disconnects.",
                        "type": "text"
                      },
                      {
                        "text": " A few reviewers say the TradingView link drops several times a day.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
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            "attrs": {
              "level": 2
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            "content": [
              {
                "text": "Recently",
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            "type": "heading"
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            "content": [
              {
                "content": [
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                    "content": [
                      {
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                          {
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                          }
                        ],
                        "text": "September to October 2026:",
                        "type": "text"
                      },
                      {
                        "text": " a Trustpilot reviewer says a small USDT withdrawal requested on 27 September stayed pending without a clear answer from support. A Forex Peace Army review from mid-September is positive about execution and spreads.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              }
            ],
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          },
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            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Where this comes from",
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              }
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          },
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            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.trustpilot.com/review/www.fxpro.com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": FxPro's main review page.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews of FxPro.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.sitejabber.com/reviews/fxpro.com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Sitejabber",
                        "type": "text"
                      },
                      {
                        "text": ": customer reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.myfxbook.com/reviews/brokers/fxpro/29,1",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Myfxbook",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "TradingView",
                        "type": "text"
                      },
                      {
                        "text": ": reviews from verified TradingView users with linked accounts.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.smartcustomer.com/reviews/fxpro.com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "SmartCustomer",
                        "type": "text"
                      },
                      {
                        "text": ": customer reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                              "href": "https://www.reddit.com/r/Forex/comments/mi1q1g/how_is_fxpro/",
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit",
                        "type": "text"
                      },
                      {
                        "text": ": a thread of traders discussing FxPro.",
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                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.wikifx.com/en/newsdetail/202603046264817324.html",
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "WikiFX",
                        "type": "text"
                      },
                      {
                        "text": ": a March 2026 roundup of withdrawal complaints.",
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                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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            ],
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      "sort_order": 110,
      "seo_title": "FxPro review: regulation, fees and platforms",
      "seo_description": "FxPro review: FCA, CySEC, SCB and FSA Seychelles regulated CFD broker. $100 minimum deposit, MT4, MT5, cTrader and TradingView, forex, shares and crypto.",
      "logo": "/logos/brokers/fxpro.png"
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    {
      "slug": "exness",
      "name": "Exness",
      "tagline": "MetaTrader CFD broker known for very high leverage and fast automatic withdrawals",
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        "content": [
          {
            "content": [
              {
                "text": "Exness is a big forex and CFD broker that's been running since 2008 and is best known for very high leverage and quick withdrawals. It suits MetaTrader traders who want a low starting deposit and don't mind trading through an offshore entity. The group holds licences from CySEC in Cyprus, the FSCA in South Africa, the CMA in Kenya, the FSA in Seychelles, the FSC in the BVI and the central bank of Curaçao and Sint Maarten. There's an FCA licence too, but the UK company only deals with institutional clients, so retail traders end up with one of the other entities depending on where they live.",
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                "text": "Accounts and costs",
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                "text": "The ",
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                "text": "Standard Cent",
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              {
                "text": " accounts start from $10, charge no commission and have spreads from 0.2 pips. For tighter pricing there's ",
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                "text": "Raw Spread",
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                "text": "Zero",
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                "text": " (0.0 spreads on around 30 major instruments for most of the day, with a variable commission). Third-party guides usually put those at $200. Leverage on forex majors, minors, gold and silver can go up to \"unlimited\" for eligible accounts, though it drops with larger equity and during high-margin periods. Swap-free trading is available.",
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            "content": [
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                "text": "Platforms and markets",
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              {
                "text": "You can trade on MT4, MT5, the Exness Terminal in your browser and the Exness Trade app. The app only works with MT5 accounts, and the terminal uses TradingView charts. Markets are CFDs on forex, metals, indices, stocks and crypto. Demo accounts are available.",
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                "text": "Money in and out",
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          {
            "content": [
              {
                "text": "Exness doesn't charge its own fees on deposits or withdrawals, though your bank or payment provider might. Options include bank transfer, cards, Skrill, Neteller and crypto, depending on your country. Withdrawals go back to the method you paid in with, and most are processed automatically.",
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        "commodities",
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          "regulator": "fca",
          "entity": "Exness (UK) Ltd",
          "licence": "730729"
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        {
          "regulator": "cysec",
          "entity": "Exness (Cy) Ltd",
          "licence": "178/12"
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        {
          "regulator": "fsc_bvi",
          "entity": "Exness (VG) Ltd",
          "licence": "SIBA/L/20/1133"
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        {
          "regulator": "fsa_seychelles",
          "entity": "Exness (SC) Ltd",
          "licence": "SD025"
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        {
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          "entity": "Exness (KE) Limited",
          "licence": "162"
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          "entity": "",
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          "entity": "Exness B.V.",
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          "note": "Central Bank of Curaçao and Sint Maarten (CBCS)"
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          "pricing": "No commission, spreads from 0.2 pips",
          "max_leverage": "Up to 1:Unlimited on forex majors, minors, gold and silver for eligible accounts, depending on equity and entity"
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          "name": "Standard Cent",
          "min_deposit": 10,
          "currency": "USD",
          "pricing": "No commission, balance shown in cents for micro-lot trading",
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        {
          "name": "Pro",
          "min_deposit": 200,
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          "pricing": "Tighter spreads for experienced traders",
          "max_leverage": ""
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          "name": "Raw Spread",
          "min_deposit": 200,
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          "pricing": "Spreads from 0.0 pips plus commission up to $3.50 per lot per side",
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        },
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          "name": "Zero",
          "min_deposit": 200,
          "currency": "USD",
          "pricing": "0.0 pip spreads on about 30 major instruments for most of the day, variable commission from $0.20 per lot per side",
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        "Low $10 minimum deposit on the Standard accounts",
        "Very high leverage on forex and metals at its offshore entities",
        "No Exness fees on deposits or withdrawals, and most withdrawals are processed automatically",
        "Choice of MT4, MT5 and its own Exness Terminal and Exness Trade app",
        "Raw Spread and Zero accounts for traders who want tight spreads"
      ],
      "cons": [
        "Its FCA-licensed UK entity serves institutional clients only, not retail traders",
        "Most retail clients are onboarded through offshore entities with lighter oversight",
        "No TradingView or cTrader trading accounts",
        "Exness Trade app works with MT5 accounts only"
      ],
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          "rating": 4,
          "scale": 5,
          "count": 32731,
          "url": "https://www.trustpilot.com/review/exness.com",
          "checked_on": "2026-10-06"
        },
        {
          "source": "forexpeacearmy",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.forexpeacearmy.com/forex-reviews/5828/exness-forex-brokers",
          "checked_on": "2026-10-06"
        },
        {
          "source": "myfxbook",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.myfxbook.com/reviews/brokers/exness/8933,1",
          "checked_on": "2026-10-06"
        },
        {
          "source": "sitejabber",
          "rating": 1.1,
          "scale": 5,
          "count": 21,
          "url": "https://www.sitejabber.com/reviews/exness.com",
          "checked_on": "2026-10-06"
        },
        {
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          "label": "Reviews.io",
          "rating": 1.72,
          "scale": 5,
          "count": 793,
          "url": "https://www.reviews.io/company-reviews/store/exness.com",
          "checked_on": "2026-10-06"
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        {
          "source": "other",
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          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.forex-ratings.com/forex-reviews/exness/",
          "checked_on": "2026-10-06"
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        {
          "source": "reddit",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.reddit.com/search/?q=exness",
          "checked_on": "2026-10-06"
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                "text": "Exness splits opinion sharply depending on where you look. It shows a 4-star rating on Trustpilot from about 32,700 reviews, while the smaller complaint-leaning sites sit far lower: 1.1 on Sitejabber from 21 reviews and 1.72 on Reviews.io from about 790. Third-party sites quote a 4.7 TrustScore from older review counts. Forex Peace Army and Myfxbook carry long review threads without a score shown in our evidence. The positive side is about speed and cost; the negative side is almost entirely about withdrawals held under review.",
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                "text": "What traders like",
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                        "text": "Fast withdrawals.",
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                        "text": " The most repeated praise on Trustpilot, Myfxbook and Reddit is that withdrawals, crypto and card included, arrive within minutes or the same day.",
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                        "text": "Tight spreads and execution.",
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                        "text": " Many reviewers mention low spreads on gold and forex and stable execution for scalping and expert advisors.",
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                "content": [
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                        "text": "Local payment options.",
                        "type": "text"
                      },
                      {
                        "text": " Traders in India, the Philippines and Africa often say local deposit and withdrawal methods make it easy to use.",
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                      }
                    ],
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                "type": "listItem"
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                        "text": "Flexible leverage and cent accounts",
                        "type": "text"
                      },
                      {
                        "text": " come up regularly.",
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                "text": "Common complaints",
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                        "text": "Withdrawals frozen under review.",
                        "type": "text"
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                      {
                        "text": " Several Reddit, Forex Peace Army and Xolvie posters say their account was put under review after a withdrawal request, with repeated document requests and no timeline, some for weeks or months.",
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                "content": [
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                    "content": [
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                        "text": "Withdrawal routes locked to the deposit source.",
                        "type": "text"
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                      {
                        "text": " A number of reviewers say they could only withdraw back to the original method, which blocked them when that method stopped working.",
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              {
                "content": [
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                    "content": [
                      {
                        "marks": [
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                        "text": "Disputed account closures.",
                        "type": "text"
                      },
                      {
                        "text": " A few traders on Reddit and Forex Peace Army claim profitable accounts were blocked or closed, and at least one case went to the Financial Commission.",
                        "type": "text"
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                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
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                    "content": [
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                        "marks": [
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                        "text": "Slippage and rejected orders",
                        "type": "text"
                      },
                      {
                        "text": " at busy times are mentioned by a minority on Myfxbook.",
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            "content": [
              {
                "text": "Some low reviews on Sitejabber and Reviews.io are promotions for fund recovery services, so those scores are noisy.",
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            "content": [
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                "text": "Recently",
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          {
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                        "text": "September 2026:",
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                      },
                      {
                        "text": " new Forex Peace Army reviews include both praise from long-standing Indian clients and pending-withdrawal complaints answered by Exness staff.",
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                        "text": "August 2026:",
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                        "text": " Reviews.io showed 793 reviews averaging 1.72.",
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            "content": [
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                "text": "Where this comes from",
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                        "text": "Trustpilot",
                        "type": "text"
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                      {
                        "text": ": the main review page and largest pool.",
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                        "text": "Forex Peace Army",
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                        "text": ": trader reviews and dispute threads.",
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                        "text": "Myfxbook",
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                        "text": ": trader reviews, many from EA users.",
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                        "text": "Sitejabber",
                        "type": "text"
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                      {
                        "text": ": small set of mostly negative reviews.",
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                        "text": "Reviews.io",
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                      {
                        "text": ": mostly negative, mixed with recovery-service posts.",
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                        "text": "Forex-Ratings",
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                      },
                      {
                        "text": ": older trader comments.",
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                        "text": "Reddit search",
                        "type": "text"
                      },
                      {
                        "text": ": withdrawal and trust threads across trading subreddits.",
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                "text": "XM is a forex and CFD broker that's been running since 2009 and says it serves clients in more than 190 countries. It suits traders who want to start small on MetaTrader. Its EU business, Trading Point of Financial Instruments Ltd, is regulated by CySEC, and there's an Australian licence with ASIC, but most international clients are signed up through XM Global Limited, licensed by the FSC of Belize, or the Seychelles and Mauritius entities. That's where the 1:1000 leverage lives. EU and Australian clients are capped at 1:30.",
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                "text": "XM draws a split crowd. It holds about 3.8 on Trustpilot from roughly 2,400 reviews, 4.3 on Myfxbook from about 360 reviews and 4.2 on Sitejabber from about 310. A third-party breakdown of the Trustpilot page counted around 46% five-star and 31% one-star, so the average hides two very different groups. Forex Peace Army has a busy page and forum, mostly made up of disputes.",
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                        "text": "Execution and spreads.",
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                        "text": "August 2026:",
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                        "text": " a Forex Peace Army thread over a withdrawal held after allegations of bonus abuse was marked resolved, and another reviewer reported refused compensation for an outage to the Belize regulator.",
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                        "text": " Trustpilot reviewers describe an account closed after a small Binance Pay deposit and a disputed local bank payment, with one escalated to the FSC.",
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                        "text": "Trustpilot",
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                        "text": "Forex Peace Army",
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                "text": "Tickmill is a forex and CFD broker that's mostly about keeping trading costs low, which makes it a good fit for scalpers and EA users. It has been around since 2014. The group holds licences from the FCA in the UK, CySEC in Cyprus, the FSCA in South Africa and the Seychelles FSA, with a representative office in Dubai under the DFSA. It doesn't take clients from the US, Singapore, India or Iran.",
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                "text": "Accounts and costs",
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                "text": " has no commission, with spreads from 1.6 pips. ",
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                "text": " starts at 0.0 pips and charges $3 per lot per side on FX and metals. ",
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                "text": "TradingView Raw",
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                "text": " has the same raw pricing for $3.50 per side and runs on TradingView and Tickmill Trader. Leverage goes up to 1:1000 on some entities, though what you get depends on where you're signed up. Any Classic or Raw account can be switched to swap-free. There's also a $30 welcome account to try live conditions without depositing.",
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                "text": "You can trade on MT4, MT5, TradingView and the in-house Tickmill Trader web platform and app. The CFD range is about 600 symbols: 60+ currency pairs, indices, commodities, stocks and ETFs, bonds and crypto. Through Tickmill UK you can also trade exchange futures and options on markets like the S\u0026P 500 and Nasdaq, with a $1,000 starting deposit. There's a demo and a social trading service for copying other traders.",
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                "text": "Tickmill doesn't charge for deposits or withdrawals. You can pay by bank wire, card, Skrill, Neteller, crypto and local payment agents. If you send $5,000 or more by wire in one go, it'll refund your bank fees up to $100. Withdrawals go back to the card you deposited with first.",
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        "MT4, MT5, TradingView and its own Tickmill Trader platform",
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        "Classic account spreads start at 1.6 pips",
        "Smaller range than the biggest multi-asset brokers, around 600 CFDs",
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                "text": "Tickmill's reviews split sharply. Traders who use it for low-cost forex and algo trading tend to rate it well, while a large share of low reviews are about withdrawals. Trustpilot currently shows no score at all: CompareForexBrokers reports that on 10 September 2026 the profile carried Trustpilot's notice that the rating is withheld for a breach of its guidelines, with about 1,170 reviews still listed. Reviews.io shows 2.4 from about 680 reviews. Forex Peace Army has a long review page but the bundle shows no score for it.",
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                        "text": " This is the dominant theme of low reviews on Trustpilot, FPA, WikiFX and TradingView: requests put under review, profit withdrawals declined, or wallets restricted after a winning run. One TradingView reviewer says they escalated to the FCA, FSCA and FSA Seychelles. These are reviewer accounts, not established facts.",
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                        "text": "September 2026:",
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                        "text": " CompareForexBrokers reports Trustpilot withholding Tickmill's score over a guidelines breach. EngineForex links the suspension to fake reviews, though Trustpilot's notice does not name the rule.",
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                        "text": "Trustpilot",
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                        "text": "Forex Peace Army",
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                        "text": ": trader reviews and withdrawal complaint threads.",
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                        "text": "Reviews.io",
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                        "text": "TradingView",
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                        "text": "Reddit search",
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                "text": "FP Markets is an Australian forex and CFD broker that's been around since 2005. It suits cost-conscious day traders, scalpers and people running EAs on MetaTrader or cTrader. The main licences are ASIC in Australia, CySEC in Cyprus and the FSCA in South Africa, with other group entities in Seychelles, Kenya, Mauritius, St. Vincent and, since 2026, the UAE. The entity you sign up with decides your leverage and protections.",
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                "text": " starts at 0.0 pips and charges $3 per lot per side, so $6 a round turn on FX and metals. Islamic swap-free versions of both are available. Australian clients can also open an ",
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                "text": " account for direct market access share trading, with a $1,000 minimum. Leverage reaches 1:500 on the global entities, while EEA and Australian retail clients are held to 1:30 on major FX pairs.",
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                "text": "FP Markets doesn't charge for deposits or for withdrawals on its usual methods, though your bank or e-wallet might. Options include bank wire, cards, PayPal, Skrill, Neteller, crypto, Apple Pay, Google Pay and local methods like POLi and BPay. Withdrawals go back to an account in your name and usually take about a day, while bank wires can take two to five days.",
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          "note": "UAE Capital Market Authority (Category 5)"
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      ],
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        "mt4",
        "mt5",
        "ctrader",
        "tradingview"
      ],
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          "currency": "USD",
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          "max_leverage": "1:500 (global entities); 1:30 on major FX for EEA and Australian retail clients"
        },
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          "name": "Raw",
          "min_deposit": 100,
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          "max_leverage": "1:500 (global entities); 1:30 on major FX for EEA and Australian retail clients"
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        }
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        "Licensed by ASIC, CySEC and the FSCA among others",
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        "No broker fees on deposits or standard withdrawals"
      ],
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        "$100 minimum deposit on both main accounts",
        "Iress share trading is only for Australian clients",
        "International bank withdrawals can be expensive",
        "Demo accounts expire after 30 days without use"
      ],
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        {
          "source": "trustpilot",
          "rating": 4.8,
          "scale": 5,
          "count": 10341,
          "url": "https://www.trustpilot.com/review/fpmarkets.com",
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          "source": "forexpeacearmy",
          "rating": null,
          "scale": null,
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          "url": "https://www.forexpeacearmy.com/forex-reviews/10476/fp-markets-review",
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          "source": "other",
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          "rating": 3.9,
          "scale": 5,
          "count": 2441,
          "url": "https://www.tradingview.com/broker/FPMarkets/reviews/",
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        },
        {
          "source": "myfxbook",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.myfxbook.com/reviews/brokers/fp-markets/791005,1",
          "checked_on": "2026-10-06"
        },
        {
          "source": "sitejabber",
          "rating": 1.7,
          "scale": 5,
          "count": 9,
          "url": "https://www.sitejabber.com/reviews/fpmarkets.com",
          "checked_on": "2026-10-06"
        },
        {
          "source": "reddit",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.reddit.com/search/?q=fp+markets",
          "checked_on": "2026-10-06"
        }
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            "content": [
              {
                "text": "FP Markets scores well with the largest pool of reviewers: 4.8 on Trustpilot from about 10,300 reviews. Verified TradingView users are cooler at 3.9 from about 2,400 ratings (as recorded by Compare Forex Brokers in September 2026), and a handful of Sitejabber reviews average 1.7, though that page is small and partly filled with fund-recovery spam. Forex Peace Army and Myfxbook carry long review threads without a score in our evidence. Praise is about cost and support; the serious complaints are about profits removed after the broker flagged abusive trading.",
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                "text": "What traders like",
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                        "text": "Low spreads and fast execution.",
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                      {
                        "text": " The most repeated point across Trustpilot, Myfxbook, TradingView and Reddit, with scalpers and EA users among the fans.",
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                        "text": "Helpful live chat.",
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                      {
                        "text": " Many Trustpilot reviews name individual support agents who sorted a problem quickly.",
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                        "text": "Smooth deposits and withdrawals.",
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                      {
                        "text": " Plenty of reviewers say money moves within minutes or hours.",
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                        "text": "Platform range.",
                        "type": "text"
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                      {
                        "text": " MetaTrader, cTrader and TradingView access all come up, along with copy trading.",
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                        "text": "Profits cancelled after abusive trading reviews.",
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                      },
                      {
                        "text": " Several Forex Peace Army and TradingView posters say accounts were paused, profits removed and accounts closed over trading the broker deemed abusive, in some cases after support had said the strategy was allowed. Some say they took this to AFCA.",
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                        "text": "Blocked withdrawals.",
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                      {
                        "text": " A few say a withdrawal request was refused or the account locked soon after asking for their money.",
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                        "text": "Spreads widening.",
                        "type": "text"
                      },
                      {
                        "text": " Some TradingView reviewers say spreads blew out at the wrong moment and hit their stops.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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                ],
                "type": "listItem"
              },
              {
                "content": [
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                    "content": [
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                            "type": "bold"
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                        "text": "Repeated document requests.",
                        "type": "text"
                      },
                      {
                        "text": " Trustpilot's own summary notes complaints about communication delays and being asked for the same information more than once.",
                        "type": "text"
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                    "type": "paragraph"
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                ],
                "type": "listItem"
              },
              {
                "content": [
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                    "content": [
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                        "text": "Review requests.",
                        "type": "text"
                      },
                      {
                        "text": " One former client, quoted by 55brokers, says support asked for a Trustpilot review after every contact.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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            ],
            "type": "bulletList"
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            "attrs": {
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            "content": [
              {
                "text": "Recently",
                "type": "text"
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            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "No dated trader reports from the last 90 days stand out in our evidence. Trustpilot's current summary still describes mostly positive service reviews alongside complaints about slow, repetitive support steps.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
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            },
            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
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            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.trustpilot.com/review/fpmarkets.com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
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                        "text": "Trustpilot",
                        "type": "text"
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                      {
                        "text": ": the main review page.",
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              {
                "content": [
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                      {
                        "marks": [
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                            },
                            "type": "link"
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                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": reviews and complaint threads.",
                        "type": "text"
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                    "type": "paragraph"
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                "type": "listItem"
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              {
                "content": [
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                              "target": "_self"
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                        "text": "TradingView",
                        "type": "text"
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                      {
                        "text": ": verified reviews from traders who connect FP Markets to TradingView.",
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                    ],
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              {
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                              "class": null,
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Myfxbook",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews.",
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                    ],
                    "type": "paragraph"
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                ],
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              {
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Sitejabber",
                        "type": "text"
                      },
                      {
                        "text": ": a small set of reviews.",
                        "type": "text"
                      }
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                    "type": "paragraph"
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              {
                "content": [
                  {
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                          }
                        ],
                        "text": "Reddit search",
                        "type": "text"
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                      {
                        "text": ": threads on r/Trading, r/Daytrading and r/FOREXTRADING.",
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      "seo_title": "FP Markets review: regulation, fees and platforms",
      "seo_description": "FP Markets is an ASIC, CySEC and FSCA regulated CFD broker with a $100 minimum deposit, MT4, MT5, cTrader and TradingView, and 10,000+ instruments.",
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    {
      "slug": "admirals",
      "name": "Admirals",
      "tagline": "Estonian-founded MetaTrader broker with CFDs, real stocks and a €1 investing account",
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        "content": [
          {
            "content": [
              {
                "text": "Admirals, which most traders still know as Admiral Markets, is a forex and CFD broker that grew up in Estonia and has been regulated for more than 25 years. It's built around MetaTrader, so it suits traders who already live in MT4 or MT5 and want a mainstream regulator behind them. UK clients are with the FCA-regulated entity, EU clients are served from Cyprus under CySEC, and there are entities under ASIC in Australia, the Seychelles FSA and Kenya's CMA. Belgian residents can't sign up.",
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            "content": [
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                "text": "Accounts and costs",
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          {
            "content": [
              {
                "text": "The trading accounts come in two flavours on each platform. Trade.MT5 and Trade.MT4 bake costs into the spread, from around 0.5 pips, with a small commission on stock and ETF CFDs. Zero.MT5 and Zero.MT4 give you spreads from 0.0 pips and charge a commission instead. All four need €100 to start trading. Invest.MT5 is the odd one out: it's for buying real stocks and ETFs, and it opens with just €1. Retail leverage is capped at 1:30, with up to 1:500 for professional clients. Bear in mind 73% of retail CFD accounts lose money here, and a €10 monthly inactivity fee kicks in after two years of no trading.",
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            "content": [
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                "text": "Platforms and markets",
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            "content": [
              {
                "text": "You get MT4, MT5 and the in-house Admiral Markets platform and app, plus the free Supreme Edition add-on for MetaTrader. Markets include around 80 currency pairs, metals, energies, agricultural and index CFDs, over 3,350 stock CFDs, ETF and bond CFDs. Trade.MT5 has a swap-free Islamic version, and there's a demo account.",
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                "text": "Money in and out",
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          {
            "content": [
              {
                "text": "Funding options include bank transfer, cards, PayPal, Skrill and Neteller, depending on where you live. You get one free withdrawal each month, and further ones in the same month carry a fee. Client money is kept in segregated accounts.",
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          "regulator": "asic",
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          "regulator": "fsa_seychelles",
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          "licence": "SD073"
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          "regulator": "cma",
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          "regulator": "other",
          "entity": "Admiral Markets AS",
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          "licence": "57026",
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          "name": "Zero.MT5",
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          "pricing": "Spreads from 0.0 pips plus commission, from $1.8 per lot on forex and metals",
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        "Invest.MT5 lets you buy real stocks and ETFs from €1",
        "Choice of spread-only or raw-spread commission accounts on MT4 and MT5",
        "MetaTrader Supreme Edition add-on included free",
        "Swap-free Islamic version of Trade.MT5",
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      "cons": [
        "73% of retail CFD accounts lose money with this provider",
        "No TradingView or cTrader, it's MetaTrader or the in-house platform",
        "Inactivity fee of €10 a month after 24 months without trading",
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          "checked_on": "2026-10-06"
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          "source": "myfxbook",
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          "url": "https://www.myfxbook.com/reviews/brokers/admiral-markets/44,1",
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          "url": "https://www.reddit.com/search/?q=admiral+markets",
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                "text": "Admirals (formerly Admiral Markets) has a broadly positive but split reputation. It holds 4.1 on Trustpilot from about 2,200 reviews, and Trustpilot's own summary calls payment experiences mixed, with many fast withdrawals reported alongside some serious complaints. Forex Peace Army and Myfxbook both have review pages with mixed write-ups, but no score shows in our evidence.",
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                        "text": "Deposits and withdrawals that work.",
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                        "text": "MetaTrader set-up.",
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                      {
                        "text": " Reviewers on Myfxbook and Forex Peace Army praise execution speed, the MetaTrader Supreme Edition add-on and smooth running of Expert Advisors on MT5.",
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                    "content": [
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                        "marks": [
                          {
                            "type": "bold"
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                        ],
                        "text": "Order handling.",
                        "type": "text"
                      },
                      {
                        "text": " One Forex Peace Army reviewer, quoted by TopBrokers, says limit orders are filled as limits, not as market orders.",
                        "type": "text"
                      }
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                    "type": "paragraph"
                  }
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                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Staying power.",
                        "type": "text"
                      },
                      {
                        "text": " Some Reddit users point to Admirals coming through the 2015 Swiss franc shock when other brokers failed.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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            "type": "bulletList"
          },
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            "attrs": {
              "level": 2
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            "content": [
              {
                "text": "Common complaints",
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              }
            ],
            "type": "heading"
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            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Profits withheld after big wins.",
                        "type": "text"
                      },
                      {
                        "text": " Several Forex Peace Army threads say withdrawals were refused on technical grounds and accounts terminated or profits removed after a large winning trade, with Admirals citing breaches of its terms. At least one involved the Seychelles entity.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
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                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Disputes over who is a client.",
                        "type": "text"
                      },
                      {
                        "text": " Some Trustpilot reviewers say Admirals replied that it could not identify them as clients. One says the Financial Ombudsman later ordered deposits refunded.",
                        "type": "text"
                      }
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                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Withdrawal delays.",
                        "type": "text"
                      },
                      {
                        "text": " Review sites such as TraderFactor say most withdrawal complaints they found are first-withdrawal delays over identity checks, not refusals.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
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                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Costs and platform design.",
                        "type": "text"
                      },
                      {
                        "text": " Some find share CFD pricing high and parts of the platform dated.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              "level": 2
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                "text": "Recently",
                "type": "text"
              }
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          },
          {
            "content": [
              {
                "text": "No dated reviews from the last 90 days in our evidence. CompareForexBrokers recorded the Trustpilot score at 4.1 in August 2026.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
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            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
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          },
          {
            "content": [
              {
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                        "marks": [
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                              "class": null,
                              "href": "https://www.trustpilot.com/review/admiralmarkets.com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the main review page for admiralmarkets.com.",
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                "content": [
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews, plus forum threads on withdrawal disputes.",
                        "type": "text"
                      }
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              {
                "content": [
                  {
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                          {
                            "attrs": {
                              "class": null,
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Myfxbook",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews, several in French.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.forex-ratings.com/forex-reviews/admiral/",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Forex-Ratings.com",
                        "type": "text"
                      },
                      {
                        "text": ": older trader reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                              "rel": "noopener noreferrer nofollow",
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                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit search",
                        "type": "text"
                      },
                      {
                        "text": ": threads in r/Trading, r/Daytrading and r/ForexScamAlert.",
                        "type": "text"
                      }
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                    "type": "paragraph"
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      "sort_order": 160,
      "seo_title": "Admirals review: regulation, fees and platforms",
      "seo_description": "Admirals (Admiral Markets) review: FCA, CySEC and ASIC regulated, from €1 to invest or €100 to trade CFDs, MT4 and MT5, forex, indices, stocks and ETFs.",
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    },
    {
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      "name": "ThinkMarkets",
      "tagline": "Multi-regulated CFD broker with its own ThinkTrader app plus MT4, MT5 and TradingView",
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        "content": [
          {
            "content": [
              {
                "text": "ThinkMarkets is a forex and CFD broker that's been running since 2010. It suits traders who want a choice of platforms and a wide product list, from forex and gold to thousands of share CFDs. It's regulated in several places: the FCA in the UK, ASIC in Australia, the FSCA in South Africa, plus CySEC and the DFSA, with an offshore entity in Seychelles for international clients.",
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                "text": "Accounts and costs",
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          {
            "content": [
              {
                "text": "There are three main accounts. Standard starts at $50 with no commission and spreads from 0.4 pips, though reviewers found the average on majors closer to 1.1 pips. ThinkTrader is also commission-free and runs on the ThinkTrader app and TradingView. ThinkZero needs $100 and gives raw spreads from 0.0 pips on forex with a commission per lot. UK clients can open a spread betting account with no minimum. Retail clients under the FCA, ASIC and CySEC are capped at 1:30, while the international entity goes up to 1:500. There's an Islamic account too.",
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            "content": [
              {
                "text": "ThinkTrader is the in-house platform, with TradingView charts, cloud alerts and a scanner. You can also trade on MT4, MT5 or TradingView directly. Which platform you get depends on the account: Standard and ThinkZero use MT4 and MT5, ThinkTrader uses its own app and TradingView. MT5 carries around 1,800 instruments against 350 on MT4, and the full range reaches about 4,000 across forex, indices, commodities, shares, ETFs and crypto.",
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                "text": "Money in and out",
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          {
            "content": [
              {
                "text": "Funding options are wide: bank wire, cards, PayPal, Skrill, Neteller, crypto, Apple Pay, Google Pay and local methods like UPI or M-Pesa, depending on where you live. ThinkMarkets doesn't charge for standard deposits or withdrawals, but third parties can, and there's a 3% fee on currency conversion. Withdrawals go back to the original source.",
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        "indices",
        "commodities",
        "stocks",
        "etfs",
        "futures",
        "crypto"
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          "licence": "FRN 629628"
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        {
          "regulator": "asic",
          "entity": "TF Global Markets (Aust) Limited",
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        {
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          "entity": "TF Global Markets (South Africa) (Pty) Ltd",
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        {
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          "regulator": "cysec",
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        {
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          "max_leverage": ""
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        {
          "name": "ThinkZero",
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        {
          "name": "Spread betting (UK)",
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        "ThinkTrader app with TradingView charts, plus MT4, MT5 and direct TradingView trading",
        "Up to 4,000 instruments across forex, indices, commodities, shares, ETFs and crypto",
        "No ThinkMarkets fee on standard deposits and withdrawals",
        "Islamic account available"
      ],
      "cons": [
        "Standard account costs run higher than average, around $12 a lot on EUR/USD in one review",
        "Platform access is tied to account type",
        "3% fee when funds are converted between currencies",
        "Withdrawals go back to the deposit source"
      ],
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          "source": "trustpilot",
          "rating": 3.3,
          "scale": 5,
          "count": 528,
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          "checked_on": "2026-10-06"
        },
        {
          "source": "other",
          "label": "TradingView",
          "rating": 4.6,
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          "url": "https://www.tradingview.com/broker/ThinkMarkets/reviews/",
          "checked_on": "2026-10-06"
        },
        {
          "source": "other",
          "label": "Good Money Guide",
          "rating": 4.9,
          "scale": 5,
          "count": 207,
          "url": "https://goodmoneyguide.com/review/thinkmarkets/",
          "checked_on": "2026-10-06"
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        {
          "source": "other",
          "label": "FXVerify",
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          "scale": 5,
          "count": 36,
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        {
          "source": "forexpeacearmy",
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          "scale": null,
          "count": null,
          "url": "https://www.forexpeacearmy.com/forex-reviews/6704/thinkmarkets-review",
          "checked_on": "2026-10-06"
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        {
          "source": "sitejabber",
          "rating": 1,
          "scale": 5,
          "count": 4,
          "url": "https://www.sitejabber.com/reviews/thinkmarkets.com",
          "checked_on": "2026-10-06"
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        {
          "source": "myfxbook",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.myfxbook.com/reviews/brokers/thinkmarkets/1306601,1",
          "checked_on": "2026-10-06"
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          "source": "reddit",
          "rating": null,
          "scale": null,
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          "url": "https://www.reddit.com/search/?q=thinkmarkets",
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          {
            "content": [
              {
                "text": "ThinkMarkets scores much better with platform users than on open review sites. A comparison site recorded 4.6 on TradingView from about 2,900 ratings and 3.3 on Trustpilot from about 520 reviews, both in September 2026. Good Money Guide users give 4.9 from about 200. FXVerify sits at 3.5 from 36, and Sitejabber has 4 reviews at 1 star. Forex Peace Army hosts a long thread with no score in the bundle. Praise is for the apps and execution. Complaints centre on withdrawals and profits removed after the fact.",
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                "text": "What traders like",
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                        "text": "The apps.",
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                      {
                        "text": " Many reviewers praise ThinkTrader and the TradingView connection as easy to use, with quick sign-up.",
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                        "text": "Execution and spreads.",
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                        "text": " Several Myfxbook and Reddit users report fast fills, little slippage and tight spreads on major pairs.",
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                        "text": "Support that improves.",
                        "type": "text"
                      },
                      {
                        "text": " Some long-time Trustpilot reviewers say communication and client care have got better over the years.",
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                        "text": "Slow or refused withdrawals.",
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                      {
                        "text": " A recurring theme on Forex Peace Army, Trustpilot and WikiFX is withdrawals left pending for days or months, with support saying the case is with the finance team.",
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                        "text": "Profits taken back.",
                        "type": "text"
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                      {
                        "text": " Several traders say the broker reversed gains and closed accounts, citing off-market prices, latency trading or a terms clause, and they dispute the call.",
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                        "text": " A few mention platform lag, wide spreads at times, and price feeds that upset some Expert Advisors.",
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              {
                "content": [
                  {
                    "content": [
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                        "marks": [
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                        "text": "Clone sites.",
                        "type": "text"
                      },
                      {
                        "text": " One complaint site describes a fake lookalike domain asking for withdrawal fees. That one was not the real broker.",
                        "type": "text"
                      }
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                    "type": "paragraph"
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                      {
                        "marks": [
                          {
                            "type": "bold"
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                        "text": "July 2026:",
                        "type": "text"
                      },
                      {
                        "text": " new Forex Peace Army posts cover blocked withdrawals and profit deductions.",
                        "type": "text"
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              {
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                        "text": "September 2026:",
                        "type": "text"
                      },
                      {
                        "text": " a Trustpilot reviewer described two withdrawals stuck for four days. A Myfxbook post noted the broker is on India's RBI alert list. A WikiFX complaint describes about USD 43,000 of profit seized and the deposit held for three months.",
                        "type": "text"
                      }
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                    "type": "paragraph"
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              "level": 2
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            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
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            "type": "heading"
          },
          {
            "content": [
              {
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                  {
                    "content": [
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                            "type": "link"
                          }
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                        "text": "Trustpilot",
                        "type": "text"
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                      {
                        "text": ": the main review page.",
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                    "type": "paragraph"
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              {
                "content": [
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                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                            "type": "link"
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                        "text": "TradingView",
                        "type": "text"
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                      {
                        "text": ": ratings from TradingView users.",
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              {
                "content": [
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                      {
                        "marks": [
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                        "text": ": user ratings.",
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                        "text": "FXVerify",
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                        "text": "Reddit search",
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                "text": "Axi is a forex and CFD broker that started in Australia in 2007 and now serves clients in more than 100 countries. It suits MT4 traders who want low raw-spread pricing and a simple choice of accounts. The group holds licences from the FCA in the UK, ASIC in Australia, the FMA in New Zealand, CySEC in Cyprus and the DFSA in Dubai, and it also runs an offshore entity in St Vincent and the Grenadines, where negative balance protection doesn't apply.",
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                "text": "Axi gets a broadly positive reception from the bulk of its reviewers, with a sharper set of complaints about withdrawals and disputed trades on the forex review sites. It holds 4.1 on Trustpilot from about 7,900 reviews. Sitejabber shows 2.9, but from only seven reviews. Forex Peace Army and Myfxbook have active pages without a current score in the material we collected.",
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                        "text": "July to August 2026:",
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                        "text": " new one-star reviews on Trustpilot and Forex Peace Army describe cancelled profits, closed accounts and unanswered complaints. The overall Trustpilot score has stayed at about four stars.",
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                        "text": "Trustpilot",
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                        "text": "separate page for Axi Select",
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                "text": "Eightcap is a CFD broker from Melbourne that started in 2009 and has built its name around TradingView. If you live in your TradingView charts and want to place trades from them, it's one of the obvious picks. It's regulated by ASIC in Australia, the FCA in the UK and CySEC in Cyprus, with offshore entities in the Bahamas and Seychelles for clients elsewhere.",
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            "content": [
              {
                "text": "Every account opens with $100 or the same in one of seven base currencies. The Standard account has no commission and spreads from about 1.0 pip. The Raw account starts at 0.0 pips and charges $3.50 per side per lot, so $7 a round turn, which works out cheaper if you trade often. There's also a TradingView account that's spread-only. Retail leverage is capped at 1:30 under ASIC, FCA and CySEC rules, while the Bahamas entity goes up to 1:500. UK clients who connect to TradingView and trade at least once a month get a TradingView Plus plan thrown in.",
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                "text": "Platforms and markets",
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            "content": [
              {
                "text": "Eightcap doesn't build its own platform. You pick from TradingView, MT4, MT5 and TradeLocker, though which ones you can open depends on the entity you're under (UK clients don't get TradeLocker). The range is around 800 CFDs: forex, indices, commodities, shares and a long list of crypto coins. Share CFDs live on MT5 rather than MT4. There are no real stocks, options or futures.",
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            "content": [
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                "text": "You can pay in by bank wire, card, PayPal, Skrill, Neteller, crypto and a set of local methods such as POLi and BPAY. Eightcap doesn't charge its own deposit or withdrawal fees, but your bank or payment provider might. Withdrawals go back to accounts in your own name and usually arrive in about a day.",
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          "licence": "246/14"
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          "regulator": "scb",
          "entity": "Eightcap Global Ltd",
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          "regulator": "fsa_seychelles",
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        "Raw account from 0.0 pips at $3.50 per side",
        "Low $100 minimum deposit and seven base currencies",
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        "No platform of its own, only third-party ones",
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          "url": "https://www.reddit.com/r/Eightcap/",
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            "content": [
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                "text": "Opinion on Eightcap is split. Its Trustpilot page has about 3,700 reviews, and review sites quoted a 4.0 TrustScore there in early 2026, but as of September 2026 Trustpilot shows a notice that the rating is unavailable and says it has removed a number of fake reviews. Sitejabber has only three reviews, averaging 1.3. TradingView's verified-client reviews lean positive, while the Forex Peace Army page and forum carry a long trail of complaints.",
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                        "text": "Low costs and fast fills.",
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                        "text": " Some reviewers mention quick, simple identity checks.",
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                        "text": "Withdrawals.",
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                        "text": " The most repeated complaint is withdrawals that were delayed, partly paid or held while support asked for more documents. One forum poster says they took a verification and withdrawal delay to the Australian complaints body AFCA.",
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                        "text": "Account closures.",
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                        "text": " Some reviewers say accounts were closed or trades cut without notice, or profits removed over alleged hedging across accounts. Most of the hedging posts date from early 2020.",
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                        "text": "Spread spikes and fills.",
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                        "text": " A few traders describe spread spikes forcing margin close-outs, and fills they believe were off the market price.",
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                        "text": "Prop challenge accounts.",
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                      {
                        "text": " Several low Trustpilot reviews come from Eightcap Challenges users who dispute rule breaches such as news trading or price differences.",
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                        "text": "Slow support.",
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                        "text": " Some say chat was hard to reach or replies were generic.",
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                        "text": "September 2026:",
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                      },
                      {
                        "text": " Trustpilot stopped showing a rating for Eightcap. One review site says the remaining reviews lean towards deposit and withdrawal complaints.",
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                        "text": "October 2026:",
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                      {
                        "text": " WikiFX, which collects complaints, lists withdrawal delays and account access problems and has cut its own score for the broker.",
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                "text": "Where this comes from",
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                        "text": "Trustpilot",
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                        "text": ": the main review page.",
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                        "text": "Forex Peace Army",
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                        "text": "Myfxbook",
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                        "text": "Sitejabber",
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                        "text": ": a handful of reviews.",
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                        "text": "TradingView",
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                        "text": "Reddit",
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                        "text": ": threads on fills and prop firms using Eightcap.",
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      "seo_title": "Eightcap review: regulation, fees and platforms",
      "seo_description": "Eightcap: ASIC, FCA and CySEC regulated CFD broker, $100 minimum deposit, 800+ forex, index, share and crypto CFDs on TradingView, MT4, MT5 and TradeLocker.",
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      "slug": "vantage",
      "name": "Vantage",
      "tagline": "Multi-regulated CFD broker with raw-spread accounts on MT4, MT5 and TradingView",
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            "content": [
              {
                "text": "Vantage is a CFD and forex broker that's been around since 2009 and is built for people who want MetaTrader or TradingView with raw spreads and a low entry fee. Its main licences are with ASIC in Australia, through Vantage Global Prime Pty Ltd, and the FCA in the UK, through Vantage Global Prime LLP. It also runs entities regulated by the FSCA in South Africa, CIMA in the Cayman Islands and the VFSC in Vanuatu, and which one you land in decides your leverage and protections.",
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                "text": "The Standard STP account needs $50 and has no commission, with spreads from about 1 pip on EUR/USD. Raw ECN has the same $50 minimum, spreads from 0.0 pips and a $3 per lot per side commission. Pro ECN cuts that to $1.50 per side but asks for $10,000. There's a swap-free version too. On the global entity, leverage runs from 1:100 to 1:2000, while UK retail clients are capped at 30:1 on major pairs.",
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            "content": [
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                "text": "You can trade on MT4, MT5, TradingView or the Vantage app and web platform. TradingView accounts work with MT5 and the app but not MT4. The product list is around 1,000 CFDs across forex, indices, commodities, share CFDs, ETFs and a handful of bonds, which is fine for most traders but smaller than the big multi-asset houses. US residents can't sign up.",
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                "text": "Deposits go in by bank transfer, card, Skrill, Neteller or crypto, and Vantage doesn't charge for them. Withdrawals are free on most methods, but international bank transfers cost 20 units of your account currency, and money goes back by the route it came in.",
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          "source": "other",
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          "rating": 2.4,
          "scale": 5,
          "count": 38,
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            "content": [
              {
                "text": "Vantage's reviews split sharply depending on where you look. It scores 4.1 on Myfxbook from 144 reviews and 2.4 on SmartCustomer from 38. Vantage announced a 4.5 TrustScore on Trustpilot from more than 9,000 reviews in September 2025, but the snippets we collected do not show the current figure. Forex Peace Army has a long thread of complaints and also flags past fake positive reviews, including posts by Vantage staff who did not disclose where they worked.",
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                "text": "What traders like",
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                        "text": "Spreads and execution.",
                        "type": "text"
                      },
                      {
                        "text": " Some Reddit users comparing brokers say Vantage gave them the most consistent spreads in the London session.",
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                      }
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                        "text": "Quick withdrawals for many.",
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                      },
                      {
                        "text": " Several traders say withdrawals, especially by crypto, landed within a day or two.",
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                      }
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                          }
                        ],
                        "text": "Copy trading and MetaTrader.",
                        "type": "text"
                      },
                      {
                        "text": " Long-term clients on Myfxbook mention the platform choice and copy trading accounts, and some say an account manager was helpful.",
                        "type": "text"
                      }
                    ],
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                        "text": "Profits removed or accounts frozen.",
                        "type": "text"
                      },
                      {
                        "text": " The most serious complaints, on Forex Peace Army, Reddit and BrokersView, come from traders who say profits were cancelled or accounts frozen under an abnormal trading or compliance review after they started winning. Vantage's side of these disputes is not in the evidence.",
                        "type": "text"
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                        "text": "Withdrawal delays.",
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                      },
                      {
                        "text": " Several reviewers describe withdrawals blocked, split across several payments, or bounced back after card problems. Vantage's help centre lists expired cards and wrong crypto addresses as common causes.",
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                        "text": "Support that stops replying.",
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                      },
                      {
                        "text": " A number of complainants say emails went unanswered once a dispute began.",
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                        "text": "App reliability.",
                        "type": "text"
                      },
                      {
                        "text": " Some Reddit users say the mobile app lagged or crashed, and one says a complaint about losses during an outage was ruled in Vantage's favour under its terms.",
                        "type": "text"
                      }
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                          }
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                        "text": "Offshore entities.",
                        "type": "text"
                      },
                      {
                        "text": " Several of the disputes involve the Vanuatu or Cayman entities, where traders say they had little recourse.",
                        "type": "text"
                      }
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                    "type": "paragraph"
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            "content": [
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                "text": "Recently",
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "September 2026:",
                        "type": "text"
                      },
                      {
                        "text": " a Myfxbook forum post describes a large withdrawal, requested in August 2026, that the trader says has not been released.",
                        "type": "text"
                      }
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              {
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                        "text": "May to August 2026:",
                        "type": "text"
                      },
                      {
                        "text": " BrokerChooser's summary of public opinion lists withdrawals as the most common complaint.",
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                      }
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            "content": [
              {
                "text": "Where this comes from",
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                  {
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                        "text": "Trustpilot",
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                        "text": ": the main review page.",
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                        "text": "Forex Peace Army",
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                      {
                        "text": ": reviews, disputes and the fake review notices.",
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                        "text": "Myfxbook",
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                        "text": ": trader reviews.",
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                        "text": "SmartCustomer",
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                        "text": ": customer reviews.",
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                          }
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                        "text": "Reddit search",
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                      {
                        "text": ": trader threads in r/Trading, r/Forex and r/Daytrading.",
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                        "text": "YouTube",
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      "seo_title": "Vantage review: regulation, fees and platforms",
      "seo_description": "Vantage review: ASIC and FCA regulated CFD broker, $50 minimum deposit, MT4, MT5 and TradingView, forex, indices, commodities, share CFDs and bonds.",
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    {
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      "name": "BlackBull Markets",
      "tagline": "New Zealand ECN broker with no minimum deposit, MT4/MT5, cTrader and TradingView",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "BlackBull Markets is a New Zealand broker, founded in 2014 and based in Auckland, that mostly sells forex and CFDs on ECN-style accounts. It suits traders who want low entry costs, high leverage and a big pick of platforms. Its New Zealand company, Black Bull Group Limited, is licensed by the Financial Markets Authority as a derivatives issuer, and international clients usually sign up with BBG Limited, which is regulated offshore by the FSA in Seychelles.",
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                "text": "Accounts and costs",
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                "text": "There are three live accounts. ",
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                "text": "ECN Standard",
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                "text": " has no minimum deposit and no commission, with spreads from 0.8 pips. ",
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                "marks": [
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                "text": "ECN Prime",
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              {
                "text": " also starts at $0 but gives you raw spreads from 0.0 pips plus a $3 per side commission on FX and metals, which works out cheaper for most active traders. ",
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                "marks": [
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                "text": "ECN Institutional",
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              {
                "text": " needs $20,000 and comes with custom pricing. Leverage goes up to 1:500, and swap-free versions are available on Standard and Prime.",
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                "text": "Platforms and markets",
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              {
                "text": "You get MT4, MT5, cTrader and TradingView, plus BlackBull's own app, BlackBull CopyTrader and ZuluTrade if you'd like to follow other traders. There's a VPS for running EAs. The CFD side covers forex, indices, metals, energies, softs, crypto, share CFDs and futures. BlackBull Invest lets you buy real shares, ETFs, options and bonds from the same broker, with over 26,000 instruments in total.",
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                "text": "Money in and out",
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            "content": [
              {
                "text": "BlackBull doesn't charge for deposits, and most methods land instantly. You can pay by bank transfer, card, Skrill, Neteller, crypto and a range of local options. Withdrawals are normally processed within a day, though some e-wallet and card withdrawals carry a flat $5 fee, and card withdrawals return your deposit first with profits sent another way.",
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        "Over 26,000 instruments, including real shares through BlackBull Invest",
        "Copy trading through BlackBull CopyTrader and ZuluTrade",
        "Free deposits"
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        "Only regulated by New Zealand's FMA and the offshore Seychelles FSA",
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          "source": "myfxbook",
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            "content": [
              {
                "text": "BlackBull Markets reviews well on the big sites. Trustpilot shows a 4-star rating from about 3,500 reviews, and review sites quote its Forex Peace Army average at around 4.3, though the FPA page itself showed no score in our evidence. The praise centres on fast support and execution. The complaints, mostly on Forex Peace Army, Myfxbook and Reddit, are about withdrawal fees and delays, slippage during news, and a few disputes over cancelled profits.",
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                        "text": "Fast execution and tight spreads.",
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                        "text": " Reddit and Forex Peace Army posters often describe sharp fills on MT5 and stable spreads on major pairs, even around news.",
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                        "text": "Withdrawals that arrive.",
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                        "text": "Withdrawal fees and delays.",
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                        "text": " Several reviewers object to the flat fee on each withdrawal, and some describe slow or stuck payouts that needed repeated follow-up.",
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                      },
                      {
                        "text": " A few Forex Peace Army and Myfxbook posters say profits were removed over alleged arbitrage or rule breaches they dispute.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Card and inactivity fees.",
                        "type": "text"
                      },
                      {
                        "text": " Some reviewers ask for the card deposit fee and inactivity fee to be dropped.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Offshore entity.",
                        "type": "text"
                      },
                      {
                        "text": " Reddit users note that clients outside New Zealand may be placed under the Seychelles licence.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Recently",
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            ],
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          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "June to September 2026:",
                        "type": "text"
                      },
                      {
                        "text": " BrokerChooser's summary of public forum posts from that window found withdrawal delays and fees the most common complaint, followed by slippage and odd fills. A WikiFX piece in late August 2026 also pointed to execution and withdrawal complaints.",
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                      }
                    ],
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                ],
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            ],
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            "content": [
              {
                "text": "Where this comes from",
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          },
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              {
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                  {
                    "content": [
                      {
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                          {
                            "attrs": {
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the main review page, the biggest pool of reviews.",
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                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.forexpeacearmy.com/forex-reviews/11640/blackbull-markets-review",
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews and dispute threads.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Myfxbook",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews, mixed.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.tradingview.com/broker/BlackBull_Markets/reviews/",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "TradingView",
                        "type": "text"
                      },
                      {
                        "text": ": reviews from verified TradingView broker users.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit",
                        "type": "text"
                      },
                      {
                        "text": ": a thread on whether the broker is legit.",
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                      }
                    ],
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                  }
                ],
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              }
            ],
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      "featured": false,
      "sort_order": 210,
      "seo_title": "BlackBull Markets review: regulation, fees and platforms",
      "seo_description": "BlackBull Markets review: FMA and FSA Seychelles regulated, $0 minimum deposit, MT4, MT5, cTrader and TradingView, forex, shares, indices, crypto and more.",
      "logo": "/logos/brokers/blackbull-markets.png"
    },
    {
      "slug": "fxcm",
      "name": "FXCM",
      "tagline": "Long-running forex and CFD broker with Trading Station, MT4 and TradingView",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "FXCM is a forex and CFD broker that started in 1999 and now runs from London. It suits traders who care about charting and platform choice more than a huge product list. The UK arm, Stratos Markets Limited, is FCA regulated, and there are licensed entities with ASIC in Australia, CySEC in Cyprus, the FSCA in South Africa and the Israel Securities Authority. It doesn't take US clients.",
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              }
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            "attrs": {
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            "content": [
              {
                "text": "Accounts and costs",
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              }
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          },
          {
            "content": [
              {
                "text": "The Standard account is the default. You pay no commission, the cost sits in the spread, and EUR/USD starts around 0.8 pips. The minimum deposit is ",
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                "text": "$50",
                "type": "text"
              },
              {
                "text": " for most people, but EU clients need £300 or €300. Heavier traders can move to the Active Trader account, which switches to spread plus commission or mark-up depending on your balance and volume, with rebates as you trade more. UK clients also get a spread betting account. Leverage on major FX pairs defaults to 30:1 in the UK, EU, Australia and South Africa, with lower limits on gold, indices and single shares.",
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              }
            ],
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            "content": [
              {
                "text": "Platforms and markets",
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              }
            ],
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          },
          {
            "content": [
              {
                "text": "FXCM's own Trading Station is the flagship, and you can also trade through MT4 or straight from TradingView charts. MT4 users get free EAs and VPS access. There's no MT5. The range is narrower than some rivals, with under 500 symbols across forex, indices, commodities, stock CFDs and crypto CFDs, and no options.",
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              }
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            "content": [
              {
                "text": "Money in and out",
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              }
            ],
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          },
          {
            "content": [
              {
                "text": "You can deposit by bank wire, card, PayPal, Skrill, Neteller, Apple Pay, Google Pay, crypto and a handful of local methods. FXCM doesn't charge for deposits or card withdrawals, but a bank wire withdrawal can cost $40, so cards are the cheaper way out.",
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              }
            ],
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        ],
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      "website_url": "https://www.fxcm.com",
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          "entity": "Stratos Markets Limited",
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        },
        {
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        },
        {
          "regulator": "cysec",
          "entity": "Stratos Europe Limited",
          "licence": "392/20"
        },
        {
          "regulator": "fsca",
          "entity": "Stratos South Africa (Pty) Ltd",
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        },
        {
          "regulator": "other",
          "entity": "",
          "licence": "515234623",
          "note": "Israel Securities Authority"
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      ],
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      ],
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          "name": "Standard account",
          "min_deposit": 50,
          "currency": "USD",
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          "max_leverage": "30:1 on major FX pairs by default for UK, EU, Australian and South African clients"
        },
        {
          "name": "Active Trader account",
          "min_deposit": 50,
          "currency": "USD",
          "pricing": "Spread plus mark-up or spread plus commission depending on equity and volume, with tiered rebates",
          "max_leverage": ""
        },
        {
          "name": "Spread betting account (UK)",
          "min_deposit": null,
          "currency": "GBP",
          "pricing": "Spread only",
          "max_leverage": ""
        }
      ],
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        "neteller",
        "crypto",
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      "restricted_countries": [
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        "Licensed by the FCA, ASIC and CySEC, with roots going back to 1999",
        "Trade from Trading Station, MT4 or TradingView with one account",
        "Free EAs and VPS access for MT4 users",
        "Low $50 minimum deposit outside the EU",
        "Lots of ways to pay, from cards and PayPal to crypto"
      ],
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        "No MetaTrader 5",
        "Under 500 tradable symbols and no options",
        "Bank wire withdrawals can cost up to $40",
        "EU clients need £300 or €300 to start",
        "Not open to US residents"
      ],
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          "rating": 4.7,
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        },
        {
          "source": "other",
          "label": "TradingView",
          "rating": 4.4,
          "scale": 5,
          "count": 7985,
          "url": "https://www.tradingview.com/broker/FXCM/reviews/",
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        },
        {
          "source": "forexpeacearmy",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.forexpeacearmy.com/forex-reviews/78/fxcm-forex-broker",
          "checked_on": "2026-10-06"
        },
        {
          "source": "myfxbook",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.myfxbook.com/reviews/brokers/fxcm/11,1",
          "checked_on": "2026-10-06"
        },
        {
          "source": "other",
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          "rating": 1.8,
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          "count": 788,
          "url": "https://www.reviews.io/company-reviews/store/fxcm-com",
          "checked_on": "2026-10-06"
        },
        {
          "source": "reddit",
          "rating": null,
          "scale": null,
          "count": null,
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            "content": [
              {
                "text": "FXCM gets a broadly positive score from its own users and a much rougher one on complaint sites. It holds 4.7 on Trustpilot from about 990 reviews and 4.4 on TradingView from about 8,000 ratings (as reported by CompareForexBrokers on 2 October 2026). Reviews.io shows 1.8 from about 790 reviews, and the Forex Peace Army page carries many withdrawal and account complaints, with no FPA score in what we collected.",
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                        "text": "Platforms and TradingView.",
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                      },
                      {
                        "text": " Many reviewers like Trading Station and MT4, and TradingView users say the account link makes placing and dragging orders easy.",
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              {
                "content": [
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                    "content": [
                      {
                        "marks": [
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                        "text": "Support.",
                        "type": "text"
                      },
                      {
                        "text": " Trustpilot reviewers often name individual staff who helped them, and several long-time clients say service has stayed good for years.",
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                    "content": [
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                        "marks": [
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                        "text": "Algo trading.",
                        "type": "text"
                      },
                      {
                        "text": " A few reviewers point to API and Python support as a reason to stay.",
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              {
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                        "text": "Reasonable fees.",
                        "type": "text"
                      },
                      {
                        "text": " Some describe costs as fair, though one Reddit poster calls spreads only average now.",
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                        "text": "Withdrawals.",
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                      },
                      {
                        "text": " The most common theme across Forex Peace Army, Myfxbook, TradingView and forum threads: slow bank transfers, money that reviewers say did not arrive, and withdrawals limited to the original funding account. A UK Financial Ombudsman decision upheld one complaint about funds sent to an expired card.",
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                        "text": "Positions closed.",
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                      {
                        "text": " Several reviewers say margin calls closed all their trades at once, or that orders only partly filled before a margin call.",
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                ],
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              {
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                        "text": "Accounts ended after winning.",
                        "type": "text"
                      },
                      {
                        "text": " A few Forex Peace Army reviewers say their accounts were locked or terminated as no longer suited to retail pricing.",
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                ],
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              {
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                  {
                    "content": [
                      {
                        "marks": [
                          {
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                        "text": "Past regulatory history.",
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                      },
                      {
                        "text": " Reddit threads still bring up the 2015 Swiss franc shock and FXCM's exit from the US.",
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          {
            "content": [
              {
                "text": "At collection in early October 2026, the top review on FXCM's Trustpilot page described a margin call that closed six positions for a loss of about USD 51,000. Nothing else in the evidence is clearly dated within the last 90 days.",
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              {
                "text": "Where this comes from",
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          {
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              {
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                      {
                        "marks": [
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                            "attrs": {
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                              "href": "https://www.trustpilot.com/review/www.fxcm.com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the main review page.",
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                    "type": "paragraph"
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                ],
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              {
                "content": [
                  {
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                      {
                        "marks": [
                          {
                            "attrs": {
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
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                        ],
                        "text": "TradingView",
                        "type": "text"
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                      {
                        "text": ": reviews from traders who connect an FXCM account.",
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                ],
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.forexpeacearmy.com/forex-reviews/78/fxcm-forex-broker",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews and complaints.",
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                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.myfxbook.com/reviews/brokers/fxcm/11,1",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Myfxbook",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews.",
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                    ],
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                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.reviews.io/company-reviews/store/fxcm-com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reviews.io",
                        "type": "text"
                      },
                      {
                        "text": ": a mostly negative review pool.",
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                    ],
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                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Financial Ombudsman decision",
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                      },
                      {
                        "text": ": an upheld withdrawal complaint.",
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                ],
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit search",
                        "type": "text"
                      },
                      {
                        "text": ": threads in r/Forex and r/Daytrading.",
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      "sort_order": 220,
      "seo_title": "FXCM review: regulation, fees and platforms",
      "seo_description": "FXCM review: FCA, ASIC and CySEC regulated, $50 minimum deposit, Trading Station, MT4 and TradingView, with forex, index, commodity, stock and crypto CFDs.",
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    },
    {
      "slug": "dukascopy",
      "name": "Dukascopy",
      "tagline": "Swiss bank and ECN-style broker known for its JForex platform and SWFX marketplace",
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        "content": [
          {
            "content": [
              {
                "text": "Dukascopy is a Swiss bank as well as a broker, which is rare in forex. It's a good fit for traders who care more about who holds their money than about the cheapest spread, and for anyone who wants to automate. Dukascopy Bank SA in Geneva is regulated by FINMA, Dukascopy Europe in Riga by the Bank of Latvia, and Dukascopy Japan by the JFSA.",
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            "content": [
              {
                "text": "Accounts and costs",
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          },
          {
            "content": [
              {
                "text": "The minimum deposit is $100 at both the Swiss bank and the European arm. Pricing is commission-based: spreads start around 0.1 pips on majors, and you pay a volume commission per million traded that shrinks as your deposit, equity and monthly volume grow. MetaTrader accounts pay an extra $1 per lot on top. Leverage at the Swiss bank defaults to 1:100, with up to 1:200 available on request. Swap-free accounts are offered too. The fee schedule takes some reading, so work out your own costs before you fund.",
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                "text": "Platforms and markets",
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            "content": [
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                "text": "The main platform is ",
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                "text": "JForex 4",
                "type": "text"
              },
              {
                "text": ", on desktop, web and mobile, with a built-in API for coding strategies and a FIX API for bigger setups. MT4 and MT5 connect directly to Dukascopy's SWFX marketplace but carry a shorter instrument list, around 400 symbols against 1,500+ on JForex. Markets include forex, metals, indices, commodities, stock and ETF CFDs, bonds and crypto CFDs, plus binary options.",
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              }
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            "type": "paragraph"
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            "content": [
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                "text": "Money in and out",
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          },
          {
            "content": [
              {
                "text": "You can fund by bank wire, card, Skrill, Neteller or crypto. Wires and crypto deposits are free from Dukascopy's side, while cards and e-wallets can carry a percentage fee. Withdrawals cost a flat fee per currency, for example USD 10 or EUR 7.5 by wire, so it pays to withdraw in larger chunks.",
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      "headquarters": "Geneva, Switzerland",
      "brand_color": "#ed1c24",
      "primary_category": "cfd",
      "categories": [
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      "markets": [
        "forex",
        "indices",
        "commodities",
        "stocks",
        "etfs",
        "crypto",
        "bonds"
      ],
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        {
          "regulator": "finma",
          "entity": "Dukascopy Bank SA",
          "licence": ""
        },
        {
          "regulator": "other",
          "entity": "Dukascopy Europe IBS AS",
          "licence": "",
          "note": "Bank of Latvia"
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          "regulator": "jfsa",
          "entity": "Dukascopy Japan K.K.",
          "licence": "関東財務局長（金商）第2408号"
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          "min_deposit": 100,
          "currency": "USD",
          "pricing": "Spreads from 0.1 pips plus a volume commission per $1 million traded, scaled by deposit, equity and monthly volume",
          "max_leverage": "1:100 by default at Dukascopy Bank SA, up to 1:200 on request"
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        {
          "name": "MT4 / MT5",
          "min_deposit": 100,
          "currency": "USD",
          "pricing": "Same volume commission as JForex plus $1 per MT4 lot ($10 per $1 million)",
          "max_leverage": "1:100 by default at Dukascopy Bank SA, up to 1:200 on request"
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        "neteller",
        "crypto",
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        "api_trading": true,
        "demo_account": true,
        "negative_balance_protection": true,
        "swap_free": true
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      "investor_protection": "Swiss bank deposit protection up to CHF 100,000 at Dukascopy Bank SA",
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      "pros": [
        "A Swiss bank regulated by FINMA, with EU and Japanese subsidiaries",
        "JForex 4 platform with its own API, plus FIX API for automated trading",
        "Commission-based pricing that drops as your volume and equity grow",
        "Wide range on JForex, including stock CFDs, ETFs and bonds",
        "MT4 and MT5 connect straight to the SWFX marketplace"
      ],
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        "Withdrawal fees on most methods",
        "Card, Skrill and Neteller deposits can carry a percentage fee",
        "Fee schedule is complex and depends on deposit, equity and volume",
        "MT4 and MT5 carry an extra commission and a smaller symbol list than JForex",
        "Account opening asks for more paperwork than most brokers"
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          "rating": 2.7,
          "scale": 5,
          "count": 812,
          "url": "https://www.trustpilot.com/review/dukascopy.com",
          "checked_on": "2026-10-06"
        },
        {
          "source": "forexpeacearmy",
          "rating": 3.8,
          "scale": 5,
          "count": 214,
          "url": "https://www.forexpeacearmy.com/forex-reviews/52/dukascopy-forex-brokers",
          "checked_on": "2026-10-06"
        },
        {
          "source": "myfxbook",
          "rating": 3.6,
          "scale": 5,
          "count": 37,
          "url": "https://www.myfxbook.com/reviews/brokers/dukascopy/115,1",
          "checked_on": "2026-10-06"
        },
        {
          "source": "other",
          "label": "Reviews.io",
          "rating": 1.6,
          "scale": 5,
          "count": 244,
          "url": "https://www.reviews.io/company-reviews/store/dukascopy.com",
          "checked_on": "2026-10-06"
        },
        {
          "source": "other",
          "label": "Forex Factory",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.forexfactory.com/thread/710587-dukascopy",
          "checked_on": "2026-10-06"
        },
        {
          "source": "reddit",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.reddit.com/r/Forex/comments/6ciici/should_i_trade_with_dukascopy/",
          "checked_on": "2026-10-06"
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      ],
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          {
            "content": [
              {
                "text": "Dukascopy splits opinion sharply: traders tend to rate the trading side well, while banking, transfers and withdrawals draw most of the anger. Its trading profile on Trustpilot sits at about 2.7 from roughly 810 reviews, with close to a third one-star. Forex Peace Army shows 3.8 from about 210 reviews, Myfxbook 3.6 from 37, and Reviews.io 1.6 from about 240. Some of the lowest scores come from people using Dukascopy as a bank rather than a broker.",
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                "text": "What traders like",
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                        "text": "Execution and JForex.",
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                        "text": " Forex Peace Army and Myfxbook reviewers describe execution as reliable and the JForex platform as stable and well supported, with technical questions answered properly.",
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                        "text": "Costs for active traders.",
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                        "text": " Reddit and Forex Peace Army users praise low spreads, volume-based commissions and good swap rates.",
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                        "text": "Swiss regulation.",
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                      {
                        "text": " Many say the FINMA bank licence is the main reason they trust it with larger balances.",
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                "text": "Common complaints",
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          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
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                        "text": "Withdrawals and transfers.",
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                      },
                      {
                        "text": " The most common complaint on Trustpilot and Forex Factory is withdrawals, card refunds or international transfers that take weeks, are rejected, or need fresh identity checks each time.",
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                    ],
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                ],
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                        "text": "Account opening and closures.",
                        "type": "text"
                      },
                      {
                        "text": " Several reviewers describe heavy document requests to open an account, and a few say Dukascopy ended the relationship after long compliance reviews.",
                        "type": "text"
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                    ],
                    "type": "paragraph"
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                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                        "text": "Fees and limits.",
                        "type": "text"
                      },
                      {
                        "text": " Some mention withdrawal fees of around 20 USD, charges on outgoing transfers and low incoming limits on standard multi-currency accounts.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                        "text": "Platform freezes.",
                        "type": "text"
                      },
                      {
                        "text": " A Forex Factory poster says JForex froze around major news releases, and one Forex Peace Army reviewer could not receive SMS verification codes.",
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                      }
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                    "type": "paragraph"
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            "content": [
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                "text": "Recently",
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                "content": [
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                    "content": [
                      {
                        "marks": [
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                        "text": "August 2026:",
                        "type": "text"
                      },
                      {
                        "text": " a GlobeGain summary of recent Trustpilot reviews found praise for JForex and execution alongside many reports of delayed withdrawals, frozen funds and generic support replies. No other dated reviews from the last 90 days are in the evidence.",
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                    "type": "paragraph"
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            "content": [
              {
                "text": "Where this comes from",
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              {
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                  {
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                              "href": "https://www.trustpilot.com/review/dukascopy.com",
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                              "target": "_self"
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                          }
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                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": Dukascopy's trading profile; banking has a separate profile.",
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              {
                "content": [
                  {
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                        "marks": [
                          {
                            "attrs": {
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                              "href": "https://www.forexpeacearmy.com/forex-reviews/52/dukascopy-forex-brokers",
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                              "target": "_self"
                            },
                            "type": "link"
                          }
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                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews of Dukascopy.",
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              },
              {
                "content": [
                  {
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                      {
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                          {
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                              "class": null,
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
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                            "type": "link"
                          }
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                        "text": "Myfxbook",
                        "type": "text"
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                      {
                        "text": ": trader reviews.",
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              {
                "content": [
                  {
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reviews.io",
                        "type": "text"
                      },
                      {
                        "text": ": customer reviews of Dukascopy Bank.",
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                      }
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.forexfactory.com/thread/710587-dukascopy",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Forex Factory",
                        "type": "text"
                      },
                      {
                        "text": ": a long forum thread on Dukascopy.",
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                    ],
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                ],
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              },
              {
                "content": [
                  {
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                      {
                        "marks": [
                          {
                            "attrs": {
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                              "href": "https://www.reddit.com/r/Forex/comments/6ciici/should_i_trade_with_dukascopy/",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
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                        "text": "Reddit",
                        "type": "text"
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                      {
                        "text": ": traders discussing the broker.",
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              {
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
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                        "text": "GlobeGain",
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                      {
                        "text": ": a summary of Trustpilot and other reviews.",
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      "sort_order": 230,
      "seo_title": "Dukascopy review: regulation, fees and platforms",
      "seo_description": "Dukascopy review: FINMA-regulated Swiss bank with Latvian and Japanese arms. $100 minimum deposit, JForex, MT4 and MT5, forex, CFDs, crypto and bonds.",
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    {
      "slug": "fusion-markets",
      "name": "Fusion Markets",
      "tagline": "Low-cost forex and CFD broker with $2.25 per side commission and no minimum deposit",
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        "content": [
          {
            "content": [
              {
                "text": "Fusion Markets is an Australian forex and CFD broker that competes almost entirely on price. It's a good fit for active traders and EA users who care about commission per lot more than research or education. The Australian business holds an ASIC licence (AFSL 385620), while clients outside Australia are usually signed up through its Vanuatu entity, regulated by the VFSC, or its Seychelles entity, regulated by the FSA.",
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            "content": [
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                "text": "Accounts and costs",
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          {
            "content": [
              {
                "text": "There are two main accounts and neither has a minimum deposit. The ",
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                "text": "Zero",
                "type": "text"
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              {
                "text": " account gives you raw spreads from 0.0 pips plus $2.25 per lot per side ($4.50 round turn). The ",
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                "marks": [
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                "text": "Classic",
                "type": "text"
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              {
                "text": " account has no commission and builds the cost into the spread, starting from 0.9 pips. US share, index, energy and crypto CFDs carry no commission at all. A ",
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              },
              {
                "marks": [
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                "text": "Swap Free",
                "type": "text"
              },
              {
                "text": " account is available on request with over 50 instruments, and instead of swaps it charges an admin fee only on trades held longer than seven days. Leverage goes up to 1:500 on forex and metals through the offshore entities, while ASIC retail clients are capped at 1:30.",
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                "text": "Platforms and markets",
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            "content": [
              {
                "text": "You can trade on MT4, MT5, cTrader and TradingView, on desktop, web and mobile. There's no in-house platform. Copy trading runs through Fusion+, and DupliTrade and a sponsored VPS are also offered. The range covers 250+ CFDs: 90+ currency pairs, metals, indices, energy and soft commodities, crypto and over 100 large US shares on MT5. Free demo accounts are available.",
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            "content": [
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                "text": "Money in and out",
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            "content": [
              {
                "text": "Fusion doesn't charge for deposits or withdrawals, although banks and SWIFT transfers can add their own fees. Methods include bank transfer, cards, PayPal, Skrill, Neteller, local options such as PayID and crypto in some regions. Most withdrawals are processed within an hour, around the clock.",
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          "entity": "FMGP Trading Group Pty Ltd",
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        {
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          "entity": "Gleneagle Securities Pty Limited",
          "licence": "40256"
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        {
          "regulator": "fsa_seychelles",
          "entity": "Fusion Markets International",
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        "tradingview"
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        {
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          "min_deposit": 0,
          "currency": "USD",
          "pricing": "Raw spreads from 0.0 pips plus $2.25 commission per lot per side ($4.50 round turn)",
          "max_leverage": "Up to 1:500 on forex and metals; 1:30 for ASIC retail clients"
        },
        {
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          "min_deposit": 0,
          "currency": "USD",
          "pricing": "No commission, spreads from 0.9 pips with costs built into the spread",
          "max_leverage": "Up to 1:500 on forex and metals; 1:30 for ASIC retail clients"
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          "pricing": "No overnight swaps on 50+ instruments; an admin fee applies to trades held longer than 7 days",
          "max_leverage": ""
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        "No minimum deposit on either main account",
        "Zero account commission of $2.25 per side is among the lowest around",
        "MT4, MT5, cTrader and TradingView all supported",
        "No Fusion fees on deposits or withdrawals, and most withdrawals are processed within an hour",
        "$0 commission on US share, index, energy and crypto CFDs"
      ],
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        "Clients outside Australia are usually onboarded through its Vanuatu or Seychelles entities",
        "No proprietary platform or app of its own",
        "Share CFDs are limited to around 100 US stocks, on MT5 only",
        "Swap-free accounts cover a smaller product list"
      ],
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          "rating": 4.8,
          "scale": 5,
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          "source": "forexpeacearmy",
          "rating": null,
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          "source": "myfxbook",
          "rating": null,
          "scale": null,
          "count": null,
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          "checked_on": "2026-10-06"
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        {
          "source": "sitejabber",
          "rating": 1.7,
          "scale": 5,
          "count": 3,
          "url": "https://www.sitejabber.com/reviews/fusionmarkets.com",
          "checked_on": "2026-10-06"
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        {
          "source": "reddit",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.reddit.com/search/?q=fusion+markets",
          "checked_on": "2026-10-06"
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            "content": [
              {
                "text": "Fusion Markets is well liked by the traders who review it. It holds 4.8 on Trustpilot from about 9,700 reviews and, according to Compare Forex Brokers in September 2026, 4.6 on TradingView from about 3,500 ratings. Forex Peace Army and Myfxbook carry plenty of reviews but no score in our evidence, and Sitejabber's 1.7 rests on only three reviews. Praise centres on cost and support; the negative minority is mostly about withdrawals and accounts blocked after profitable scalping.",
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                      {
                        "text": " The most common theme on every site is tight spreads and low commissions, especially on the Zero account.",
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                        "text": " MT4, MT5, cTrader and TradingView all get mentioned, and some like that demo and live conditions match.",
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                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
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                        "text": "Smooth deposits and withdrawals",
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                      {
                        "text": " for most reviewers on Myfxbook and Trustpilot.",
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                        "text": "Withdrawals held or refused.",
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                      },
                      {
                        "text": " A handful of Forex Peace Army threads describe withdrawals that stalled, extra identity checks such as selfies or phone confirmation, and in one case a dispute over which wallet received funds.",
                        "type": "text"
                      }
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                        "text": "Profitable accounts blocked.",
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                      },
                      {
                        "text": " Several posters say accounts were closed after scalping profits, with the broker citing exploitation of price delays or arbitrage; the traders dispute this.",
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                        "type": "text"
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              {
                "content": [
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                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
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                        "text": "Gold spreads widening",
                        "type": "text"
                      },
                      {
                        "text": " and no netting mode on MT5 come up occasionally.",
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                      }
                    ],
                    "type": "paragraph"
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                "text": "Recently",
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          {
            "content": [
              {
                "content": [
                  {
                    "content": [
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                        "marks": [
                          {
                            "type": "bold"
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                        "text": "September 2026:",
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                      },
                      {
                        "text": " Trustpilot sat at 4.8 with roughly 9,400 to 9,700 reviews, and new Trustpilot and Forex Peace Army reviews remain mostly positive, with the broker replying to complaints publicly.",
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                      }
                    ],
                    "type": "paragraph"
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                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "text": "No new dispute threads from the last 90 days appear in our evidence.",
                        "type": "text"
                      }
                    ],
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                  }
                ],
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              }
            ],
            "type": "bulletList"
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            },
            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
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                  {
                    "content": [
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                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the main review page and largest pool.",
                        "type": "text"
                      }
                    ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
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                              "target": "_self"
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                            "type": "link"
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                        ],
                        "text": "TradingView",
                        "type": "text"
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                      {
                        "text": ": reviews from verified TradingView customers.",
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews and dispute threads.",
                        "type": "text"
                      }
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              {
                "content": [
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                              "target": "_self"
                            },
                            "type": "link"
                          }
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                        "text": "Myfxbook",
                        "type": "text"
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                      {
                        "text": ": trader reviews.",
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              {
                "content": [
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                        "marks": [
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Sitejabber",
                        "type": "text"
                      },
                      {
                        "text": ": three reviews, partly recovery-service posts.",
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                      }
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              },
              {
                "content": [
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                    "content": [
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit search",
                        "type": "text"
                      },
                      {
                        "text": ": threads in the forex subreddits.",
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      "seo_title": "Fusion Markets review: regulation, fees and platforms",
      "seo_description": "Fusion Markets is an ASIC, VFSC and FSA Seychelles regulated CFD broker with no minimum deposit, MT4, MT5, cTrader and TradingView, and 250+ products.",
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    {
      "slug": "capital-com",
      "name": "Capital.com",
      "tagline": "Commission-free CFD broker with a huge market list, its own app, MT4, MT5 and TradingView",
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        "content": [
          {
            "content": [
              {
                "text": "Capital.com is a CFD broker that launched in 2016. It suits retail traders who want a wide market list at low cost without dealing with commissions. In the UK it's Capital Com (UK) Limited, regulated by the FCA, and EU clients go through two CySEC-licensed Cyprus companies. There are also licences with ASIC in Australia, the Securities Commission of The Bahamas and the CMA in the UAE.",
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            "attrs": {
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            "content": [
              {
                "text": "Accounts and costs",
                "type": "text"
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          },
          {
            "content": [
              {
                "text": "There's one retail account, plus a professional option if you qualify. The minimum deposit is 20 USD, EUR or GBP, or 50 EUR by wire. Trading is commission free, with EUR/USD spreads from 0.6 pips, and you pay overnight funding on leveraged positions you hold past the cut-off. There are no deposit, withdrawal or inactivity fees, but a 0.7% conversion fee applies on markets priced in a different currency to your account. UK clients can also spread bet. Between 65% and 89% of retail accounts lose money, depending on which entity you're with.",
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                "text": "Platforms and markets",
                "type": "text"
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          {
            "content": [
              {
                "text": "Most people use Capital.com's own web platform and app, which has TradingView charts built in and guaranteed stop-losses for a fee. You can also connect MT4, MT5 or TradingView, and there's API access. Markets run to over 5,500 CFDs on shares, forex, indices, commodities, bonds and crypto, though crypto CFDs aren't offered to UK retail clients. Some regions can also buy real stocks and ETFs. A free demo account is available.",
                "type": "text"
              }
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            "content": [
              {
                "text": "Money in and out",
                "type": "text"
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          {
            "content": [
              {
                "text": "You can pay in by card, bank wire, PayPal, Skrill, Neteller, Apple Pay, Google Pay and crypto, depending on where you live. Withdrawals go back to the method you deposited with, and testers report money arriving in about a business day.",
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              }
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        "bonds"
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          "entity": "Capital Com Group Ltd",
          "licence": "463/25"
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        {
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        {
          "regulator": "scb",
          "entity": "Capital Com Online Investments Ltd",
          "licence": "SIA-F245"
        },
        {
          "regulator": "other",
          "entity": "Capital Com MENA Securities Trading LLC",
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          "max_leverage": "Up to 1:200 on currency pairs, indices and commodities and 1:20 on shares and crypto, depending on entity"
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        "FCA, CySEC and ASIC regulated entities",
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        "Low minimum deposit of 20 USD, EUR or GBP",
        "No deposit, withdrawal or inactivity fees",
        "Own web platform and app plus MT4, MT5 and TradingView",
        "Very wide CFD range, including a large crypto CFD list outside the UK"
      ],
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        "Mostly CFDs and spread bets, with no options",
        "No commission-based raw spread account",
        "Crypto CFDs are not available to UK retail clients",
        "Between 65% and 89% of retail accounts lose money, depending on the entity",
        "Some users report delays from withdrawal verification checks"
      ],
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        {
          "source": "trustpilot",
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        {
          "source": "forexpeacearmy",
          "rating": null,
          "scale": null,
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          "url": "https://www.forexpeacearmy.com/forex-reviews/14357/capital-com-review",
          "checked_on": "2026-10-06"
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        {
          "source": "myfxbook",
          "rating": null,
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          "count": null,
          "url": "https://www.myfxbook.com/reviews/brokers/capitalcom/2373670,1",
          "checked_on": "2026-10-06"
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          "source": "sitejabber",
          "rating": 1,
          "scale": 5,
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        {
          "source": "other",
          "label": "Good Money Guide",
          "rating": 4.8,
          "scale": 5,
          "count": 1929,
          "url": "https://goodmoneyguide.com/review/capital-com/",
          "checked_on": "2026-10-06"
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          "source": "other",
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          "count": null,
          "url": "https://www.tradingview.com/broker/Capitalcom/reviews/",
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          "source": "reddit",
          "rating": null,
          "scale": null,
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          "url": "https://www.reddit.com/r/Trading/comments/1qpdmau/capitalcom_withdrawal_issue/",
          "checked_on": "2026-10-06"
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                "text": "Most clients who review Capital.com are happy with it. It holds a 4-star rating on Trustpilot from about 15,100 reviews, and Good Money Guide users rate it 4.8 from about 1,900. Roughly one Trustpilot rating in ten is one-star, according to BrokerChooser, and withdrawals sit at the centre of most of those. Forex Peace Army, Myfxbook and TradingView all carry trader reviews without a score shown in our sources.",
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                      {
                        "text": " Trustpilot and TradingView reviewers keep coming back to how clean and simple the web platform and app are, and many value the TradingView connection.",
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                        "text": "Quick deposits and withdrawals.",
                        "type": "text"
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                      {
                        "text": " Plenty of reviewers say money arrived within minutes or the same day, and some long-time clients describe years without problems.",
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              {
                "text": "Common complaints",
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            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
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                        "text": "Withdrawals declined or delayed.",
                        "type": "text"
                      },
                      {
                        "text": " The main theme of low reviews on Reddit, Forex Peace Army and Trustpilot is withdrawals rejected or stuck while support asked for proof of bank account or more documents, sometimes for weeks. Some say small withdrawals went through and a larger one stalled.",
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                      }
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                    "content": [
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                        "marks": [
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                        "text": "Support going quiet.",
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                      },
                      {
                        "text": " Some reviewers say replies stopped once a withdrawal dispute began.",
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                      }
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                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
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                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Doubts about the reviews themselves.",
                        "type": "text"
                      },
                      {
                        "text": " A few Reddit users question how many of the glowing Trustpilot reviews are organic, and one Forex Peace Army reviewer claims an account manager asked them to delete a negative review before paying out.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "CFD-only.",
                        "type": "text"
                      },
                      {
                        "text": " Some Reddit users point out you never own the underlying shares, which surprises newer users.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              }
            ],
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          },
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            "attrs": {
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            "content": [
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                "text": "Recently",
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          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
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                          }
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                        "text": "July to August 2026:",
                        "type": "text"
                      },
                      {
                        "text": " reviewers on Forex Peace Army and third-party roundups keep pointing to withdrawal verification as the recurring complaint, while new Trustpilot reviews stay mostly positive. The Trustpilot count has grown from about 13,700 in January to about 15,100 now with the rating unchanged.",
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                      }
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            ],
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          },
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            "attrs": {
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            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                              "href": "https://www.trustpilot.com/review/capital.com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
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                        "text": "Trustpilot",
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                      },
                      {
                        "text": ": Capital.com's main review page.",
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              {
                "content": [
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                      {
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                              "target": "_self"
                            },
                            "type": "link"
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                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews.",
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                    ],
                    "type": "paragraph"
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                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Myfxbook",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                            "attrs": {
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Sitejabber",
                        "type": "text"
                      },
                      {
                        "text": ": a single old review.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                              "href": "https://goodmoneyguide.com/review/capital-com/",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Good Money Guide",
                        "type": "text"
                      },
                      {
                        "text": ": user ratings.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.tradingview.com/broker/Capitalcom/reviews/",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "TradingView",
                        "type": "text"
                      },
                      {
                        "text": ": reviews from traders connecting through TradingView.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                              "href": "https://www.reddit.com/r/Trading/comments/1qpdmau/capitalcom_withdrawal_issue/",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit",
                        "type": "text"
                      },
                      {
                        "text": ": a withdrawal complaint thread.",
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                      }
                    ],
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      "seo_title": "Capital.com review: regulation, fees and platforms",
      "seo_description": "Capital.com review: FCA, CySEC and ASIC regulated, $20 minimum deposit, commission-free CFDs on forex, shares, indices and crypto via MT4, MT5 and TradingView.",
      "logo": "/logos/brokers/capital-com.png"
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    {
      "slug": "hfm",
      "name": "HFM",
      "tagline": "MetaTrader CFD broker, formerly HotForex, with cent accounts and high offshore leverage",
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          {
            "content": [
              {
                "text": "HFM, which used to be called HotForex, is a forex and CFD broker that's been going since 2010. It suits MetaTrader users and beginners who want to start small. It runs several companies under different regulators: the FCA in the UK, CySEC in Cyprus, the DFSA in Dubai, the FSCA in South Africa, the CMA in Kenya, and the FSA in Seychelles and FSC in Mauritius for offshore clients. Your entity sets your rules, so check which one you're signing up with. It doesn't serve US clients.",
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            "content": [
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                "text": "Accounts and costs",
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                "text": "The ",
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                "text": "Cent",
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              {
                "text": " and ",
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              {
                "marks": [
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                "text": "Premium",
                "type": "text"
              },
              {
                "text": " accounts have no minimum deposit and no commission, with spreads from 1.4 pips. Cent balances are shown in cents, which is handy for testing a strategy with real money. ",
                "type": "text"
              },
              {
                "marks": [
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                "text": "Pro",
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              {
                "text": " needs $100 and tightens spreads to around 0.5 to 0.6 pips, still commission-free. ",
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                "marks": [
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                "text": "Zero",
                "type": "text"
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              {
                "text": " gives raw spreads from 0.0 plus a commission per lot. Leverage is capped at 1:30 for UK and EU retail clients, while the offshore entities go up to 1:2000, and the InfinityX account has no cap at all. Treat that last one with a lot of care.",
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            "content": [
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                "text": "Platforms and markets",
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            "content": [
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                "text": "You trade on MT4, MT5, the HFM app or HFM WebTrader, which uses TradingView charts. There's no direct TradingView or cTrader trading. Markets include forex, metals, energies, indices, bonds and crypto, plus stocks and ETFs on MT5 only. Copy trading is built into the app.",
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            "content": [
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                "text": "Money in and out",
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                "text": "HFM says it doesn't charge for deposits or withdrawals, though your bank or payment provider might. Options include bank transfer, cards, Skrill, Neteller, crypto and local methods. Card withdrawals go back to the card you used, and requests in before 10:00 server time are processed the same day.",
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          "entity": "HF Markets (UK) Ltd",
          "licence": "801701"
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        {
          "regulator": "cysec",
          "entity": "HF Markets (Europe) Ltd",
          "licence": "183/12"
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        {
          "regulator": "dfsa",
          "entity": "HF Markets (DIFC) Ltd",
          "licence": "F004885"
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        {
          "regulator": "fsca",
          "entity": "HF Markets SA (PTY) Ltd",
          "licence": "46632"
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          "licence": "155"
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          "max_leverage": ""
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          "max_leverage": "1:30 (retail, UK/EU); up to 1:2000 offshore"
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          "min_deposit": 100,
          "currency": "USD",
          "pricing": "Spreads from 0.5 to 0.6 pips, no commission",
          "max_leverage": "Up to 1:2000 offshore"
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          "name": "Zero",
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          "max_leverage": "Up to 1:2000 offshore"
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          "min_deposit": null,
          "currency": "USD",
          "pricing": "",
          "max_leverage": "Unlimited (offshore entity only)"
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        "Cent account lets you trade tiny sizes with real money",
        "Built-in copy trading through the HFM app",
        "No HFM fees on deposits or withdrawals"
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        "No TradingView or cTrader trading, only MetaTrader and its own app",
        "Spreads on the commission-free accounts are wider than the cheapest brokers",
        "Offshore leverage up to 1:2000, or unlimited on InfinityX, is very risky",
        "Not available to US residents"
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          "source": "forexpeacearmy",
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          "scale": null,
          "count": null,
          "url": "https://www.forexpeacearmy.com/forex-reviews/6884/hfm-review",
          "checked_on": "2026-10-06"
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        {
          "source": "sitejabber",
          "rating": 3.2,
          "scale": 5,
          "count": 109,
          "url": "https://www.sitejabber.com/reviews/hfm.com",
          "checked_on": "2026-10-06"
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        {
          "source": "other",
          "label": "SmartCustomer",
          "rating": 3.3,
          "scale": 5,
          "count": 105,
          "url": "https://www.smartcustomer.com/reviews/hfm.com",
          "checked_on": "2026-10-06"
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        {
          "source": "myfxbook",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.myfxbook.com/reviews/brokers/hf-markets-group/1800930,1",
          "checked_on": "2026-10-06"
        },
        {
          "source": "reddit",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.reddit.com/search/?q=hfm+broker",
          "checked_on": "2026-10-06"
        },
        {
          "source": "youtube",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.youtube.com/results?search_query=hfm+withdrawal",
          "checked_on": "2026-10-06"
        }
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          {
            "content": [
              {
                "text": "HFM's reviews are mixed, and a lot of the praise reads as generic. Trustpilot shows a 4-star rating from about 2,900 reviews, and the page carries Trustpilot's notice that it has removed a number of fake reviews for this company. Sitejabber sits at 3.2 from about 110 reviews and SmartCustomer at 3.3 from about 105. Forex Peace Army has a long review page and complaint forum, but the bundle shows no current score for it.",
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              {
                "text": "What traders like",
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                        "text": "Fast deposits and withdrawals.",
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                      },
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                        "text": " Many Trustpilot and Myfxbook reviewers say money moves quickly, including through e-wallets and Binance Pay.",
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                        "text": "Account managers and support.",
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                        "text": " Reviewers often name individual staff and praise live chat and personal account managers.",
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                        "text": "Cent accounts and copy trading.",
                        "type": "text"
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                      {
                        "text": " Several say the cent account let them test strategies cheaply, and others like copy trading inside the app.",
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                        "text": "Clean execution for some.",
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                      {
                        "text": " An FPA reviewer reports no slippage across a run of scalping trades on EUR/USD.",
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                        "text": "Withdrawals delayed or rejected.",
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                      {
                        "text": " The strongest pattern in low reviews on Trustpilot, FPA, Sitejabber and WikiFX: requests rejected or left unprocessed for weeks, and some accounts closed with funds still in them. Several FPA threads were later marked resolved.",
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                        "text": "Trades closed or disputed during news.",
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                        "text": " Some reviewers say positions were closed or the portal froze while they were in profit.",
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                        "text": "Spreads.",
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                      {
                        "text": " A few say the zero-spread account is not as cheap as rivals and that execution is slow for active trading.",
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                        "text": "Doubts about the reviews themselves.",
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                        "text": " Some Trustpilot and Reddit posters point to the fake-review notice as a reason for caution.",
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                "content": [
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                    "content": [
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                        "text": "Clone scams.",
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                        "text": " A Reddit thread warns about a fake HFM platform used to take withdrawal fees from victims, which is not the broker itself.",
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            "content": [
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                "text": "Recently",
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            "type": "heading"
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          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
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                          {
                            "type": "bold"
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                        "text": "September 2026:",
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                      {
                        "text": " an FPA complaint describes two XAUUSD trades handled badly during the 4 September NFP release.",
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                    ],
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                ],
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                        "text": "September to October 2026:",
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                      },
                      {
                        "text": " ForexBrokers.com's review notes HFM's business terms explicitly target scalping, arbitrage and AI-assisted analysis.",
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                    ],
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                ],
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              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Where this comes from",
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              }
            ],
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          },
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            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.trustpilot.com/review/hfm.com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the main review page.",
                        "type": "text"
                      }
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                  }
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.forexpeacearmy.com/forex-reviews/6884/hfm-review",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews and complaint threads.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.sitejabber.com/reviews/hfm.com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Sitejabber",
                        "type": "text"
                      },
                      {
                        "text": ": a smaller, mixed set of reviews.",
                        "type": "text"
                      }
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              },
              {
                "content": [
                  {
                    "content": [
                      {
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                            "attrs": {
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "SmartCustomer",
                        "type": "text"
                      },
                      {
                        "text": ": another small review pool.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Myfxbook",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.reddit.com/search/?q=hfm+broker",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit search",
                        "type": "text"
                      },
                      {
                        "text": ": forex subreddit threads.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.youtube.com/results?search_query=hfm+withdrawal",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "YouTube search",
                        "type": "text"
                      },
                      {
                        "text": ": videos on withdrawal problems.",
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                      }
                    ],
                    "type": "paragraph"
                  }
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      "seo_description": "HFM (formerly HotForex) is an FCA, CySEC and FSCA regulated CFD broker with no minimum deposit on Cent and Premium accounts, MT4, MT5 and its own app.",
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      "slug": "fbs",
      "name": "FBS",
      "tagline": "High-leverage MetaTrader broker with a $5 entry and a big following in Asia",
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                "text": "FBS is a forex and CFD broker that's been around since 2009 and claims more than 27 million clients across 150 countries, with a strong following in Asia, Africa and Latin America. It suits beginners who want to start small and traders chasing very high leverage. Most global clients are onboarded through FBS Markets Inc., licensed by the FSC in Belize. European clients get Tradestone Ltd, regulated by CySEC, and there's an ASIC-licensed arm in Australia plus a South African FSCA licence.",
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                "text": ". You can open it with $5, there's no trading commission and floating spreads start from 0.7 pips. Leverage on the global entity goes up to 1:3000 on forex, which is about as high as it gets, while EU retail clients are held to 1:30. Swap-free trading is available as an option on the account, and client money is kept in segregated accounts with negative balance protection.",
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                "text": "You can trade on MT4, MT5 or the FBS app, which handles deposits, withdrawals and trading in one place and uses TradingView charts. There's no cTrader and no TradingView account link. The range is about 550 CFDs across forex, metals, energies, indices, stocks and crypto. A free demo gives you up to $10,000 in virtual funds, and VPS hosting is on offer.",
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                "text": "FBS lists hundreds of payment options, depending on your country, including bank cards, bank transfers, Neteller and a long list of local methods. It says it doesn't charge its own deposit or withdrawal fees, and most withdrawals take 15 to 20 minutes, up to 48 hours. Card withdrawals can only return what you deposited by card, and some methods charge a fee if you withdraw without trading.",
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        "Global clients sit with the Belize entity, not a top-tier regulator",
        "Leverage up to 1:3000 is very risky",
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                "text": "FBS gets a broadly positive score from its own customers and a much harsher picture on complaint forums. It holds a 4-star rating on Trustpilot from about 10,100 reviews and 4.2 on Myfxbook from about 260. Small pages on Sitejabber (4.7 from 18) and SmartCustomer (3.1 from 19) point in opposite directions. Forex Peace Army has a long review page and many complaint threads but no score in our evidence. The recurring theme on the negative side is withdrawals.",
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                        "text": "Low entry point.",
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                        "text": "Local language support.",
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                        "text": " Reviewers in Indonesia, Brazil, Turkey and elsewhere praise support and education in their own language, and local payment methods.",
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                        "text": "Easy app.",
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                        "text": "Withdrawals refused or delayed.",
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                        "text": " Several Forex Peace Army, Myfxbook and complaint-site posters describe repeated rejections, demands to prove the deposit source, or bank transfers marked complete that never arrived. FBS's help centre says withdrawals must go back to the method used to deposit, and some disputes appear to turn on that rule.",
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                        "text": "Spreads.",
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                        "text": "September to October 2026:",
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                      {
                        "text": " a recent Trustpilot reviewer says withdrawals, usually quick, have slowed lately, and a user review on DayTrading.com from early October describes a bank withdrawal marked completed that never arrived.",
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                        "text": "July and August 2026:",
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              {
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                        "text": "Trustpilot",
                        "type": "text"
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                      {
                        "text": ": the main review page, merged from several older profiles.",
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                        "marks": [
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                            },
                            "type": "link"
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                        "text": "Myfxbook",
                        "type": "text"
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                      {
                        "text": ": trader reviews.",
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                            "attrs": {
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                        "text": "Forex Peace Army",
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                        "text": ": reviews and complaint threads.",
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                        "text": "Sitejabber",
                        "type": "text"
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                      {
                        "text": ": a small set of reviews.",
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              {
                "content": [
                  {
                    "content": [
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                        "marks": [
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                        "text": "SmartCustomer",
                        "type": "text"
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                      {
                        "text": ": a small set of reviews.",
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              {
                "content": [
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                    "content": [
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                        "marks": [
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                              "rel": "noopener noreferrer nofollow",
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                            "type": "link"
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                        "text": "Reddit search",
                        "type": "text"
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                      {
                        "text": ": threads on r/Forex and r/Trading.",
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                        "text": "WikiFX",
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                      {
                        "text": ": the July 2026 complaints write-up.",
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      "seo_title": "FBS review: regulation, fees and platforms",
      "seo_description": "FBS is a CFD broker licensed by CySEC, ASIC and the FSC of Belize, with a $5 minimum deposit, MT4, MT5 and its own app, and leverage up to 1:3000 globally.",
      "logo": "/logos/brokers/fbs.png"
    },
    {
      "slug": "roboforex",
      "name": "RoboForex",
      "tagline": "Belize-regulated MetaTrader broker known for $10 accounts and leverage up to 1:2000",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "RoboForex is an offshore forex and CFD broker that's been running since 2009. It's aimed at traders who want small starting balances, very high leverage and MetaTrader, and who are comfortable with lighter regulation in exchange. The global business, RoboForex Ltd, is licensed by the Financial Services Commission in Belize. European retail clients are sent to a sister company, RoboMarkets Deutschland GmbH, regulated by BaFin. It doesn't take clients from the US, Canada, Australia, Japan and many other countries.",
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              }
            ],
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          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Accounts and costs",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "Every MetaTrader account opens with $10. ProCent is a cent account for testing strategies and EAs, and Pro is the standard one; both price through spreads from about 1.3 pips with no commission and leverage up to 1:2000. ECN and Prime start at 0 pips and add a commission, with leverage capped at 1:500 and 1:300. R StocksTrader needs $100 and opens up real stocks plus CFDs on more than 12,000 instruments. The broker says 75.85% of retail CFD accounts lose money with it.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
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            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Platforms and markets",
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              }
            ],
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          },
          {
            "content": [
              {
                "text": "You can trade on MT4, MT5, the R StocksTrader terminal, or the in-house WebTrader and MobileTrader. Markets cover currency pairs, metals, oil, indices, US and European stock CFDs, real stocks, ETFs and crypto CFDs. There's a copy trading service with over 2,000 strategies, swap-free accounts on request and a demo account.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Money in and out",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "You can fund with cards, bank wire, Skrill, Neteller, crypto and a handful of local methods, and RoboForex covers deposit fees. Withdrawals are free on three Tuesdays each month. On other days a fee applies depending on the method, reported at up to 4% for bank transfers. The broker also carries civil liability insurance up to €2.5 million and belongs to The Financial Commission for disputes.",
                "type": "text"
              }
            ],
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          }
        ],
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      "website_url": "https://roboforex.com",
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      "headquarters": "Belize City, Belize",
      "brand_color": "#ffffff",
      "primary_category": "cfd",
      "categories": [
        "cfd",
        "stocks"
      ],
      "markets": [
        "forex",
        "indices",
        "commodities",
        "stocks",
        "etfs",
        "crypto"
      ],
      "regulators": [
        {
          "regulator": "other",
          "entity": "RoboForex Ltd",
          "licence": "9759600",
          "note": "Financial Services Commission (FSC) of Belize"
        },
        {
          "regulator": "bafin",
          "entity": "RoboMarkets Deutschland GmbH",
          "licence": "10154068"
        },
        {
          "regulator": "cysec",
          "entity": "RoboMarkets Ltd",
          "licence": "191/13"
        }
      ],
      "platforms": [
        "mt4",
        "mt5",
        "proprietary"
      ],
      "accounts": [
        {
          "name": "ProCent",
          "min_deposit": 10,
          "currency": "USD",
          "pricing": "Cent account, floating spreads from 1.3 pips, no commission",
          "max_leverage": "1:2000"
        },
        {
          "name": "Pro",
          "min_deposit": 10,
          "currency": "USD",
          "pricing": "Floating spreads from 1.3 pips, no commission",
          "max_leverage": "1:2000"
        },
        {
          "name": "ECN",
          "min_deposit": 10,
          "currency": "USD",
          "pricing": "Spreads from 0 pips plus a volume-based commission, reported at $20 per $1 million traded",
          "max_leverage": "1:500"
        },
        {
          "name": "Prime",
          "min_deposit": 10,
          "currency": "USD",
          "pricing": "Spreads from 0 pips plus commission",
          "max_leverage": "1:300"
        },
        {
          "name": "R StocksTrader",
          "min_deposit": 100,
          "currency": "USD",
          "pricing": "Real stocks and CFDs on 12,000+ instruments, spreads from 0 pips",
          "max_leverage": "1:500"
        }
      ],
      "min_deposit": 10,
      "min_deposit_currency": "USD",
      "payment_methods": [
        "bank",
        "card",
        "skrill",
        "neteller",
        "crypto",
        "local"
      ],
      "features": {
        "copy_trading": true,
        "demo_account": true,
        "negative_balance_protection": true,
        "segregated_funds": true,
        "swap_free": true
      },
      "investor_protection": "Civil liability insurance up to €2,500,000; member of The Financial Commission (category A)",
      "restricted_countries": [
        "AU",
        "BQ",
        "BR",
        "BY",
        "CA",
        "CW",
        "FM",
        "GW",
        "ID",
        "IR",
        "JP",
        "LR",
        "MP",
        "PF",
        "RU",
        "SJ",
        "SS",
        "TL",
        "TR",
        "UA",
        "US"
      ],
      "pros": [
        "Live accounts from $10, including a cent account for testing EAs",
        "Leverage up to 1:2000 on Pro and ProCent accounts",
        "Choice of spread-only or raw-spread commission accounts",
        "R StocksTrader gives access to real stocks and 12,000+ instruments",
        "Built-in copy trading with 2,000+ strategies",
        "Free deposits and three commission-free withdrawal days a month"
      ],
      "cons": [
        "The global entity is regulated only by the FSC in Belize, a lightly regulated offshore jurisdiction",
        "75.85% of retail CFD accounts lose money with this provider",
        "Withdrawal fees outside the free days, up to 4% by bank transfer",
        "No TradingView or cTrader connection",
        "Unavailable in the US, Canada, Australia, Japan and many other countries"
      ],
      "review_sources": [
        {
          "source": "trustpilot",
          "rating": 2.5,
          "scale": 5,
          "count": 771,
          "url": "https://www.trustpilot.com/review/roboforex.com",
          "checked_on": "2026-10-06"
        },
        {
          "source": "myfxbook",
          "rating": 4.4,
          "scale": 5,
          "count": 246,
          "url": "https://www.myfxbook.com/reviews/brokers/roboforex/82142,1",
          "checked_on": "2026-10-06"
        },
        {
          "source": "forexpeacearmy",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.forexpeacearmy.com/forex-reviews/7374/roboforex-review",
          "checked_on": "2026-10-06"
        },
        {
          "source": "reddit",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.reddit.com/r/Trading/comments/u3g6vv/is_roboforex_legit_and_is_it_true_broker/",
          "checked_on": "2026-10-06"
        }
      ],
      "review_summary_json": {
        "content": [
          {
            "content": [
              {
                "text": "RoboForex splits opinion sharply. It sits at 2.5 on Trustpilot from about 770 reviews (the figure BrokersView reported in June 2026), while its Myfxbook page shows 4.4 from about 250 reviews. Forex Peace Army has a long review page and a run of complaint threads, with no score in our evidence. Across sites the negative reviews centre on getting money out.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
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            },
            "content": [
              {
                "text": "What traders like",
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              {
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                  {
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                        "text": "Fast funding for some.",
                        "type": "text"
                      },
                      {
                        "text": " A number of Myfxbook and Traders Union reviewers say deposits and withdrawals went through quickly, some in minutes through e-wallets.",
                        "type": "text"
                      }
                    ],
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                  }
                ],
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                "content": [
                  {
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                        "text": "Trading conditions.",
                        "type": "text"
                      },
                      {
                        "text": " Reviewers mention low minimum deposits, tight ECN spreads, high leverage and a wide choice of instruments.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              },
              {
                "content": [
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                    "content": [
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                        "text": "Copy trading and automation.",
                        "type": "text"
                      },
                      {
                        "text": " Many positive reviews come from people running Expert Advisors or using the CopyFX copy-trading service.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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                ],
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                "text": "Common complaints",
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              {
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                        ],
                        "text": "Withdrawals held or rejected.",
                        "type": "text"
                      },
                      {
                        "text": " This is the dominant complaint on Trustpilot and Forex Peace Army. Several reviewers say withdrawals sat pending for weeks or were cancelled, sometimes with RoboForex saying the bank declined the payment, which the reviewers say their bank denied.",
                        "type": "text"
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                    ],
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              {
                "content": [
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                    "content": [
                      {
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                        ],
                        "text": "Repeated verification requests.",
                        "type": "text"
                      },
                      {
                        "text": " Some say each withdrawal brought a new document request, such as a selfie holding ID with the members area open.",
                        "type": "text"
                      }
                    ],
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                        ],
                        "text": "Account blocks and disputed trades.",
                        "type": "text"
                      },
                      {
                        "text": " A few say accounts were restricted during compliance checks or that trades were filled at prices off the market during news.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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                    "content": [
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                        "marks": [
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                        ],
                        "text": "Support replies.",
                        "type": "text"
                      },
                      {
                        "text": " Some reviewers say support gives generic answers, and RoboForex often replies on Trustpilot that it cannot find the reviewer's case.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Doubts about positive reviews.",
                        "type": "text"
                      },
                      {
                        "text": " Some Reddit and Forex Peace Army users say they suspect some of the glowing reviews are not genuine.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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            },
            "content": [
              {
                "text": "Recently",
                "type": "text"
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            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
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                          }
                        ],
                        "text": "August 2026:",
                        "type": "text"
                      },
                      {
                        "text": " two Forex Peace Army threads describe withdrawals left pending for weeks or rejected, one for $6,100 and one for repeated crypto withdrawals. Another reviewer there objects to swap rates being changed shortly before rollover.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                        ],
                        "text": "September 2026:",
                        "type": "text"
                      },
                      {
                        "text": " a Trustpilot reviewer says a withdrawal requested in August was still held after full verification, and a Myfxbook forum thread collects fresh complaints about execution during a payrolls release and account blocks.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
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              {
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                  {
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the main review page for roboforex.com.",
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                      }
                    ],
                    "type": "paragraph"
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                ],
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              },
              {
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                  {
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                              "href": "https://www.myfxbook.com/reviews/brokers/roboforex/82142,1",
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Myfxbook",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews, mostly positive.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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                ],
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              },
              {
                "content": [
                  {
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                              "href": "https://www.forexpeacearmy.com/forex-reviews/7374/roboforex-review",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews, plus withdrawal complaint threads.",
                        "type": "text"
                      }
                    ],
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                ],
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              {
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                  {
                    "content": [
                      {
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit",
                        "type": "text"
                      },
                      {
                        "text": ": an r/Trading thread asking whether RoboForex is legitimate.",
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                      }
                    ],
                    "type": "paragraph"
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                ],
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            ],
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      "sort_order": 280,
      "seo_title": "RoboForex review: regulation, fees and platforms",
      "seo_description": "RoboForex review: FSC Belize regulated, $10 minimum deposit, leverage up to 1:2000, MT4, MT5 and R StocksTrader, forex, stocks, indices and crypto CFDs.",
      "logo": "/logos/brokers/roboforex.png"
    },
    {
      "slug": "darwinex",
      "name": "Darwinex",
      "tagline": "FCA-regulated broker and asset manager that turns strategies into investable DARWINs",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "Darwinex is a bit different from a normal CFD broker. It's a broker and an asset manager in one: you trade forex and CFDs on MetaTrader, and if your track record is good, Darwinex packages your strategy as a DARWIN that investors can put money into, paying you a performance fee. It suits systematic traders after low commissions and outside capital. The UK side is regulated by the FCA, the EU side by Spain's CNMV, and the Global entity by the Seychelles FSA.",
                "type": "text"
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            "content": [
              {
                "text": "Accounts and costs",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "The CFD account needs a first deposit of 500 EUR, USD or GBP, and corporate accounts need 10,000. Pricing is raw spreads from 0.0 pips plus a forex commission of around $2.50 per lot per side. Retail clients get up to 1:30 under EU rules, while professional and Global clients get more. Stocks and futures go through a linked Interactive Brokers account, with US shares from $0.005 per share. Darwinex Zero is a separate service where you trade virtual capital in real market conditions to build a track record.",
                "type": "text"
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            ],
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                "text": "Platforms and markets",
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          {
            "content": [
              {
                "text": "You can trade on MT4, MT5, TradingView or DXtrade, and there's API access for anyone running their own systems. The CFD range covers forex, indices, commodities, stocks and ETFs, with crypto CFDs on MT5 only. Through the Interactive Brokers link you also reach real stocks and around 60 futures products on exchanges like CME, CBOE, EUREX and ICE.",
                "type": "text"
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            "content": [
              {
                "text": "Money in and out",
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          },
          {
            "content": [
              {
                "text": "Bank transfer works for everyone. Cards and Skrill are only on the UK entity, and money deposited that way has to go back out the same route. Later deposits can be as small as 100, except bank wires, which stay at 500. Darwinex covers most deposit costs but passes withdrawal costs on to you.",
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      "website_url": "https://www.darwinex.com",
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        "futures"
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        "indices",
        "commodities",
        "stocks",
        "etfs",
        "futures",
        "crypto"
      ],
      "regulators": [
        {
          "regulator": "fca",
          "entity": "Tradeslide Trading Tech LTD",
          "licence": "FRN 586466"
        },
        {
          "regulator": "cnmv",
          "entity": "Sapiens Markets EU Sociedad de Valores SA",
          "licence": "311"
        },
        {
          "regulator": "fsa_seychelles",
          "entity": "Tradeslide Global Ltd.",
          "licence": "SD171"
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        "mt5",
        "dxtrade",
        "tradingview",
        "tws"
      ],
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          "name": "CFD account (individual or joint)",
          "min_deposit": 500,
          "currency": "EUR",
          "pricing": "Spreads from 0.0 pips plus a commission of about $2.50 per lot per side on forex",
          "max_leverage": "1:30 (retail, EU rules); higher for professional and Global (FSA) clients"
        },
        {
          "name": "Corporate account",
          "min_deposit": 10000,
          "currency": "EUR",
          "pricing": "Same CFD pricing as individual accounts",
          "max_leverage": ""
        },
        {
          "name": "Stocks and futures (via Interactive Brokers)",
          "min_deposit": null,
          "currency": "USD",
          "pricing": "Stocks from $0.005 per share; futures at Interactive Brokers rates",
          "max_leverage": ""
        }
      ],
      "min_deposit": 500,
      "min_deposit_currency": "EUR",
      "payment_methods": [
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        "card",
        "skrill"
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      "restricted_countries": [],
      "pros": [
        "Regulated by the FCA, Spain's CNMV and the Seychelles FSA",
        "Raw spreads with a low forex commission",
        "Strategies can become DARWINs that outside investors back, with performance fees paid to the trader",
        "MT4, MT5, TradingView, DXtrade and API access",
        "Stocks and futures through a linked Interactive Brokers account"
      ],
      "cons": [
        "500 EUR/USD/GBP first deposit, higher than many CFD brokers",
        "Card and Skrill deposits only on the UK entity; EU and Global clients use bank transfer",
        "Small withdrawal costs are passed on to clients",
        "Sign-up and verification take longer than at most brokers"
      ],
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          "url": "https://www.trustpilot.com/review/www.darwinex.com",
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          "source": "forexpeacearmy",
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          "url": "https://www.forexpeacearmy.com/forex-reviews/11199/darwinex-forex-brokers",
          "checked_on": "2026-10-06"
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        {
          "source": "forexpeacearmy",
          "label": "Forex Peace Army (Darwinex Zero)",
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          "url": "https://www.forexpeacearmy.com/forex-reviews/22320/darwinex-zero-review",
          "checked_on": "2026-10-06"
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          "scale": null,
          "count": null,
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        },
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          "rating": null,
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            "content": [
              {
                "text": "Darwinex reviews are mostly positive but there are not many of them. Trustpilot shows 4 stars from about 230 reviews, and that page covers both the broker and its Darwinex Zero subscription product. Forex Peace Army, Myfxbook and Reddit have threads but no score in the bundle. Most praise is for the investor-allocation model and support. Most complaints are about costs, the minimum deposit and some withdrawals.",
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                        "text": "Being paid for a track record.",
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                      },
                      {
                        "text": " Many reviewers, on Reddit especially, like that steady, low-risk trading can earn allocations from Darwinex and outside investors instead of chasing prop firm drawdown limits.",
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                        "text": " Darwinex Zero users say most styles are allowed, with no challenge-style rules.",
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                        "text": "Regulation and execution.",
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                        "text": " Older Forex Peace Army and Myfxbook reviews point to FCA oversight, an agency model and fair spreads.",
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                      }
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                        "text": "Cost.",
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                        "text": " Several reviewers find the 500 minimum deposit, commissions and card withdrawal fees expensive. Some Darwinex Zero users say spreads on gold get very wide.",
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                      }
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                        "text": "Slow money.",
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                        "text": " Some Reddit and Trustpilot users note the 15% profit share and the wait for payouts, which come monthly or quarterly depending on the plan.",
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                        "text": "Withdrawal and account problems.",
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                      },
                      {
                        "text": " A smaller group describe delayed or blocked withdrawals and deposits. WikiFX's summary also mentions complaints about withdrawal delays and access to profits.",
                        "type": "text"
                      }
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                        "text": "Complexity and sign-up.",
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                      },
                      {
                        "text": " A few call the platform hard for casual traders and the account checks lengthy.",
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                      }
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              }
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            "content": [
              {
                "text": "Where this comes from",
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                        "text": "Trustpilot",
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                      },
                      {
                        "text": ": the main review page, covering the broker and Darwinex Zero.",
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                            },
                            "type": "link"
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                        "text": "Forex Peace Army",
                        "type": "text"
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                      {
                        "text": ": broker reviews.",
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                "content": [
                  {
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                            "attrs": {
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                            "type": "link"
                          }
                        ],
                        "text": "Forex Peace Army (Darwinex Zero)",
                        "type": "text"
                      },
                      {
                        "text": ": reviews of the Zero product.",
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                ],
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              {
                "content": [
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                            "type": "link"
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                        "text": "Myfxbook",
                        "type": "text"
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                      {
                        "text": ": trader reviews.",
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              },
              {
                "content": [
                  {
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                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit search",
                        "type": "text"
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                      {
                        "text": ": threads in r/Forex and prop trading subreddits.",
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      "seo_title": "Darwinex review: regulation, fees and platforms",
      "seo_description": "Darwinex review: FCA, CNMV and FSA regulated, 500 EUR minimum, MT4, MT5, TradingView and DXtrade for forex and CFDs, plus DARWIN strategy investing.",
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    {
      "slug": "global-prime",
      "name": "Global Prime",
      "tagline": "Sydney-based raw-spread CFD broker with no minimum deposit and MT4/MT5",
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        "content": [
          {
            "content": [
              {
                "text": "Global Prime is a Sydney-based forex and CFD broker that's been running since 2010. It's a good fit for scalpers, EA users and news traders who care most about raw spreads and fast execution, since all three styles are allowed. The Australian business, FMGP Trading Group Pty Ltd, is regulated by ASIC under AFSL 385620, and an offshore arm in Vanuatu is regulated by the VFSC. Which entity you sign up with decides your leverage.",
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            "content": [
              {
                "text": "Accounts and costs",
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          {
            "content": [
              {
                "text": "There are two live accounts and neither has a minimum deposit. ",
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              },
              {
                "marks": [
                  {
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                ],
                "text": "Standard",
                "type": "text"
              },
              {
                "text": " has spreads from 0.9 pips and no commission. ",
                "type": "text"
              },
              {
                "marks": [
                  {
                    "type": "bold"
                  }
                ],
                "text": "Raw",
                "type": "text"
              },
              {
                "text": " starts at 0.0 pips and charges $3.50 per side, so $7 a lot round turn, on FX and metals. Crypto trades cost 0.1%, and there's no commission on oil, other commodities or indices. Trades run from 0.01 to 1,000 lots, the stop-out level is 20%, and you can set leverage anywhere from 1:30 to 1:1000 if your entity allows it. Base currencies are USD, AUD, GBP, EUR, CAD, SGD and JPY.",
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            "attrs": {
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            "content": [
              {
                "text": "Platforms and markets",
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              }
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          {
            "content": [
              {
                "text": "You trade on MT4 or MT5, on desktop, mobile or web. Servers sit in the NY4 data centre in New York, with execution from around 10ms. The range is about 250 CFDs across forex, indices, commodities and crypto, and a free demo is open from the GP Hub.",
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            ],
            "type": "paragraph"
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            "content": [
              {
                "text": "Money in and out",
                "type": "text"
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            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "Global Prime covers deposit fees on its 20+ funding methods, which include Visa, Mastercard, PayPal, Neteller and Skrill. Client money is kept in segregated trust accounts with tier-1 banks such as HSBC. Withdrawals are requested in the GP Hub, and the broker says the median processing time is about two hours.",
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        "indices",
        "commodities",
        "crypto"
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        {
          "regulator": "asic",
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          "licence": "AFSL 385620"
        },
        {
          "regulator": "vfsc",
          "entity": "Gleneagle Securities Pty Limited",
          "licence": ""
        }
      ],
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        "mt5"
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        {
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          "min_deposit": 0,
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          "pricing": "Spreads from 0.9 pips, no commission",
          "max_leverage": "Adjustable from 1:30 up to 1:1000, depending on the entity you register with"
        },
        {
          "name": "Raw",
          "min_deposit": 0,
          "currency": "USD",
          "pricing": "Spreads from 0.0 pips plus $3.50 commission per side on FX and metals; 0.1% on crypto; no commission on oil, commodities and indices",
          "max_leverage": "Adjustable from 1:30 up to 1:1000, depending on the entity you register with"
        }
      ],
      "min_deposit": 0,
      "min_deposit_currency": "USD",
      "payment_methods": [
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        "skrill",
        "neteller"
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        "segregated_funds": true
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      "pros": [
        "No minimum deposit",
        "Raw spreads from 0.0 pips with $3.50 per side commission",
        "Scalping, EAs and hedging all allowed",
        "No deposit fees across 20+ funding methods, including PayPal, Skrill and Neteller",
        "Client funds held in segregated trust accounts",
        "Support available 24/7"
      ],
      "cons": [
        "Licensed only in Australia and Vanuatu",
        "Range is around 250 CFD markets, with no share CFDs listed",
        "MT4 and MT5 only, TradingView still listed as coming"
      ],
      "review_sources": [
        {
          "source": "trustpilot",
          "rating": 4.6,
          "scale": 5,
          "count": 511,
          "url": "https://www.trustpilot.com/search?query=global%20prime",
          "checked_on": "2026-10-06"
        },
        {
          "source": "myfxbook",
          "rating": 3.8,
          "scale": 5,
          "count": 39,
          "url": "https://www.myfxbook.com/reviews/brokers/global-prime/727101,1",
          "checked_on": "2026-10-06"
        },
        {
          "source": "forexpeacearmy",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.forexpeacearmy.com/forex-reviews/9018/global-prime-review",
          "checked_on": "2026-10-06"
        },
        {
          "source": "reddit",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.reddit.com/search/?q=global+prime+broker",
          "checked_on": "2026-10-06"
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          {
            "content": [
              {
                "text": "Global Prime has a small but mostly happy following, with a thinner set of complaints about withdrawals and disputed trades. Broker comparison sites report it at 4.6 on Trustpilot from about 510 reviews as of August 2026; the Trustpilot page itself is not in the material we collected. On Myfxbook it scores 3.8 from 39 reviews. Forex Peace Army has a long-running page with many positive reviews but no score in our material.",
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                        "text": " Reviewers on Forex Peace Army often mention the trade receipts Global Prime sends, which few brokers offer.",
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                      }
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                        "text": "Responsive support.",
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                        "text": " Many say support replies fast and that staff understand trading, and one says the broker paid compensation after a delayed deposit.",
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                        "text": "Pricing and execution.",
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                      },
                      {
                        "text": " Tight spreads, low commissions and fast fills come up repeatedly on Forex Peace Army, Myfxbook and Reddit.",
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                ],
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                "content": [
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                    "content": [
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                        "text": "Smooth withdrawals for most.",
                        "type": "text"
                      },
                      {
                        "text": " Several long-standing clients say money has come out quickly for years.",
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                    ],
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                "text": "Common complaints",
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          {
            "content": [
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                  {
                    "content": [
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                        "text": "Withdrawal delays.",
                        "type": "text"
                      },
                      {
                        "text": " Some Reddit and Myfxbook reviewers say withdrawals were slow to process and that the payments team took days to reply. BrokerChooser's summary of public discussion also lists withdrawal and funding delays as the main complaint.",
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                        "text": "Trades closed and accounts stopped.",
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                      },
                      {
                        "text": " A few reviewers say the broker closed trades or halted their trading after a quick profit, and dispute the reason given.",
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                        "text": "Server speed.",
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                      {
                        "text": " One Reddit reviewer measured slower server response than at other brokers they use.",
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                            "type": "bold"
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                        "text": "The Afterprime split.",
                        "type": "text"
                      },
                      {
                        "text": " A 2023 Forex Peace Army thread describes confusion over withdrawals when part of the business became Afterprime. It was marked resolved.",
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                      }
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          {
            "content": [
              {
                "text": "Some Reddit users have also wondered whether the very high share of five-star reviews looks too good to be true. We have no evidence either way.",
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              }
            ],
            "type": "paragraph"
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          {
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              "level": 2
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            "content": [
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                "text": "Recently",
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          {
            "content": [
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                        "text": "July 2026:",
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                      },
                      {
                        "text": " a Myfxbook and Forex Peace Army reviewer says their hedged trades were closed at a loss and their trading stopped one day after opening an account. No other dated items from the last 90 days.",
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                    ],
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            "content": [
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                "text": "Where this comes from",
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            "type": "heading"
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                        "text": "Trustpilot",
                        "type": "text"
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                      {
                        "text": ": score as quoted by broker comparison sites.",
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                "content": [
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                        "text": "Myfxbook",
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                      },
                      {
                        "text": ": trader reviews.",
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                            },
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                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews going back several years.",
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              {
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                        "text": "Reddit search",
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                      {
                        "text": ": threads in r/Daytrading, r/Forex and r/Trading.",
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      "seo_title": "Global Prime review: regulation, fees and platforms",
      "seo_description": "Global Prime review: ASIC and VFSC regulated, no minimum deposit, Standard and Raw accounts on MT4 and MT5, 250+ CFDs on forex, indices, commodities and crypto.",
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    {
      "slug": "spreadex",
      "name": "Spreadex",
      "tagline": "UK spread betting and CFD firm with its own platform, TradingView and no minimum deposit",
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        "content": [
          {
            "content": [
              {
                "text": "Spreadex is a UK spread betting and CFD firm based in St Albans that's been going since 1999. It also runs a sports betting business, which surprises some people, but the trading side is its own thing and is regulated by the FCA. It suits UK traders who place trades by hand, want tax-free spread betting and like a broker that answers the phone. If you run EAs or bots, look elsewhere.",
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              {
                "text": "Accounts and costs",
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          {
            "content": [
              {
                "text": "You open one financial account and can spread bet or trade CFDs from it, in GBP, EUR or USD. There's no minimum deposit. Pricing is mostly in the spread, from about 0.6 pips on EUR/USD, and share CFDs add a commission of around 0.15% of the trade value. Retail leverage tops out at 1:30 on major FX pairs, and retail clients get negative balance protection. There's no inactivity fee. UK clients are covered by the FSCS up to £85,000. One catch: there's no demo, so you're trading real money from day one.",
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                "text": "Platforms and markets",
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                "text": "Spreadex builds its own web platform and apps, and you can also connect the account to TradingView and spread bet or trade CFDs from the charts there. There's no MT4, MT5, cTrader or API. The range is wide, with over 10,000 markets: 60 or so FX pairs, thousands of share CFDs including AIM small caps, indices, ETFs, commodities, bonds, interest rates and options. Crypto is only open to professional clients.",
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                "text": "Deposits go in by debit card or bank transfer from an account in your name. Standard withdrawals are free, and Spreadex says most were processed in under 30 minutes in 2025. International transfers and non-sterling bank payments cost extra, and the minimum withdrawal is £5.",
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          "licence": "1016176",
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        "FCA regulated and trading since 1999",
        "No minimum deposit and no inactivity fee",
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        "No demo account",
        "No MT4, MT5, cTrader or API access",
        "Crypto is only offered to professional clients",
        "Research and education are thin",
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          "url": "https://goodmoneyguide.com/review/spreadex/",
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        {
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        {
          "source": "reddit",
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                "text": "Spreadex reviews well with the people who rate it, though much of its Trustpilot pool comes from sports bettors rather than traders. Its Trustpilot page, listed as Spreadex Sports and covering the whole spreadex.com domain, shows a 4-star rating from about 2,270 reviews. Good Money Guide users rate it 4.3 from 272 reviews, and its verified-client reviews on TradingView are almost all positive.",
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                        "text": " Many TradingView reviewers like trading from TradingView charts, especially since spread betting was added there.",
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                        "text": "Execution and pricing.",
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                        "text": " Several reviewers mention quick fills and decent spreads on indices and forex, and like the access to smaller UK stocks.",
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                        "text": " The in-house platform and apps get frequent praise for being simple.",
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                        "text": "Spreads not the tightest.",
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                        "text": " Some traders on forums say spreads are fine but not the most competitive.",
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                        "text": "Withdrawals and checks.",
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                        "text": " A few reviewers describe slow withdrawals or repeated document requests while an account was blocked. Several of these come from the sports and now-closed casino side, so they may not reflect the trading account. Review sites also list withdrawal speed and support consistency as recurring complaints.",
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                "text": "Where this comes from",
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                        "text": "Trustpilot",
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                        "text": ": the main page, shared by the sports and trading sides.",
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                        "text": "Good Money Guide",
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                        "text": ": user reviews from UK traders.",
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                        "text": "Forex Peace Army",
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                        "text": ": a few trader reviews.",
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                        "text": "TradingView",
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                        "text": ": verified client reviews.",
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                        "text": "Reddit",
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                        "text": ": a spread betting thread comparing Spreadex and IG.",
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      "slug": "libertex",
      "name": "Libertex",
      "tagline": "CySEC-regulated CFD broker with its own app, MT4/MT5 and commission-free real stocks",
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              {
                "text": "Libertex is a CFD broker from the Libertex Group, which dates back to 1997, and it suits beginners who like a clean app but want MetaTrader on hand too. In Europe it runs through Indication Investments Ltd, a Cyprus investment firm regulated by CySEC under licence 164/12. Retail clients get negative balance protection and Investor Compensation Fund cover. The libertex.org site serves clients outside the EU through Forex Club International, with leverage up to 1:1000, so check which one you're signing up with.",
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                "text": "Accounts and costs",
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                "text": "You need €100 for the first deposit. Pricing is mostly commission rather than spread: commission starts at 0.0% depending on the asset, spreads are variable, and there are overnight swaps. EU retail leverage tops out at 1:30 on major pairs, 1:10 on most commodities, 1:5 on stocks and ETFs. There's also an Invest account for buying real stocks with no commission, only the market spread. Watch the €10 monthly inactivity fee once an account sits idle for 180 days.",
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                "text": "You can trade on the Libertex web and mobile platform, MT4 or MT5, and a free demo comes with €50,000 in virtual money. There are more than 1,000 CFDs on forex, stocks, crypto, metals, oil and gas, agricultural commodities, indices, ETFs, bonds and options.",
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              {
                "text": "Deposits are free by card, bank transfer, PayPal, Skrill or Neteller. Withdrawals cost something on most methods: €1 to a card, 0.5% on bank wires with a €2 minimum and €10 cap, and around 1% on e-wallets. The minimum withdrawal is €10.",
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          "pricing": "Commission from 0.0% depending on the asset, variable spreads, minimum trade 20 EUR",
          "max_leverage": "1:30 on major FX (EU retail)"
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        {
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          "currency": "EUR",
          "pricing": "Commission from 0.0% depending on the asset, variable spreads, minimum trade 0.01 lot",
          "max_leverage": "1:30 on major FX (EU retail)"
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        {
          "name": "Invest account",
          "min_deposit": 100,
          "currency": "EUR",
          "pricing": "Commission-free real stocks, variable market spread",
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      "min_deposit": 100,
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        "CySEC regulated with negative balance protection and ICF cover",
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          "url": "https://www.forexpeacearmy.com/forex-reviews/7509/libertex-review",
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        {
          "source": "myfxbook",
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          "source": "sitejabber",
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          "rating": 1.81,
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          "count": 298,
          "url": "https://www.reviews.io/company-reviews/store/libertex-com",
          "checked_on": "2026-10-06"
        },
        {
          "source": "reddit",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.reddit.com/search/?q=libertex",
          "checked_on": "2026-10-06"
        }
      ],
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        "content": [
          {
            "content": [
              {
                "text": "Libertex has a split reputation that partly follows its two arms: the EU business at libertex.com, regulated in Cyprus, and the international one at libertex.org. Scores on independent sites are low, 1.8 on Reviews.io from 298 reviews and 1.8 on Sitejabber from 18. Its Trustpilot page is active, but the evidence we collected does not show its current score; review sites have quoted figures between 3.8 and 4.3 over the past two years. Forex Peace Army and Myfxbook have pages with mixed reviews and no score in the evidence.",
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                "text": "What traders like",
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                        "text": "The app.",
                        "type": "text"
                      },
                      {
                        "text": " Reviewers on Trustpilot and Forex Peace Army often say the Libertex app is one of the easiest they have used, and some prefer it to MetaTrader.",
                        "type": "text"
                      }
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
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                        "text": "The demo account.",
                        "type": "text"
                      },
                      {
                        "text": " Beginners mention the free demo with no time limit as a good way to learn.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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              {
                "content": [
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                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Low costs and real stocks.",
                        "type": "text"
                      },
                      {
                        "text": " Some EU clients like commission-free real stock investing alongside CFDs, and one reviewer mentions instant withdrawals.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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                ],
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "The EU entity.",
                        "type": "text"
                      },
                      {
                        "text": " A Myfxbook reviewer says the German-facing libertex.com is good but would not recommend the international libertex.org.",
                        "type": "text"
                      }
                    ],
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            "content": [
              {
                "text": "Common complaints",
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          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Withdrawals.",
                        "type": "text"
                      },
                      {
                        "text": " The most common pattern on Forex Peace Army, Reddit and complaint sites is withdrawals rejected or delayed, often after a profitable run, with shifting reasons or blame placed on the client's bank. Even a positive reviewer on Forex Peace Army says large withdrawals brought sudden, hard-to-meet document requests.",
                        "type": "text"
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Pushy account managers.",
                        "type": "text"
                      },
                      {
                        "text": " Several complaints, many from Latin America, say a Libertex advisor guided them by phone into high-multiplier trades that lost heavily.",
                        "type": "text"
                      }
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                    "type": "paragraph"
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
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                        "text": "Bonus terms.",
                        "type": "text"
                      },
                      {
                        "text": " Some Reddit users describe bonus offers tied to large deposits that left them worse off.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
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                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Ownership questions.",
                        "type": "text"
                      },
                      {
                        "text": " Older Reddit threads point to Libertex's links with Forex Club and treat that history with suspicion.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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                ],
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            "attrs": {
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            "content": [
              {
                "text": "Recently",
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            "type": "heading"
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          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "August 2026:",
                        "type": "text"
                      },
                      {
                        "text": " WikiFX notes a regulatory warning from Indonesian authorities and a high volume of complaints about withdrawal delays, aggressive account managers and login problems, mostly involving the offshore entity.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
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                        "text": "July 2026:",
                        "type": "text"
                      },
                      {
                        "text": " Trustpilot reviews from July lean positive, praising the demo account, the app and support during registration.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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                ],
                "type": "listItem"
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            ],
            "type": "bulletList"
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          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
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            "type": "heading"
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            "content": [
              {
                "content": [
                  {
                    "content": [
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                        "marks": [
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the main review page for the EU business.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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              {
                "content": [
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                              "target": "_self"
                            },
                            "type": "link"
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                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": reviews and withdrawal threads.",
                        "type": "text"
                      }
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                    "type": "paragraph"
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              {
                "content": [
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                              "target": "_self"
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                            "type": "link"
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                        "text": "Myfxbook",
                        "type": "text"
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                      {
                        "text": ": trader reviews.",
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                    ],
                    "type": "paragraph"
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                ],
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              {
                "content": [
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Sitejabber",
                        "type": "text"
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                      {
                        "text": ": customer reviews.",
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                    ],
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              {
                "content": [
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reviews.io",
                        "type": "text"
                      },
                      {
                        "text": ": customer reviews.",
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              {
                "content": [
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit search",
                        "type": "text"
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                      {
                        "text": ": threads in English and Spanish.",
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      "seo_title": "Libertex review: regulation, fees and platforms",
      "seo_description": "Libertex review: CySEC licence 164/12, €100 minimum deposit, Libertex app plus MT4 and MT5, CFDs on forex, stocks, crypto and commodities, real stock investing.",
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    },
    {
      "slug": "vt-markets",
      "name": "VT Markets",
      "tagline": "MetaTrader CFD broker with STP, ECN and cent accounts, regulated mainly offshore",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "VT Markets is a CFD broker built around MetaTrader, running since 2015 and aimed at forex and gold traders who want cheap raw-spread pricing and a low deposit. It's mostly offshore regulated: VT Markets (Pty) Ltd holds an FSCA licence in South Africa, VT Markets Limited is licensed by the FSC in Mauritius, and VT Markets LLC is registered in St Vincent and the Grenadines. A Dubai branch holds a UAE licence, but only for introducing and promoting, not for running trades. It doesn't take clients from the US, Singapore, Russia or Hong Kong.",
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            ],
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          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Accounts and costs",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "The ",
                "type": "text"
              },
              {
                "marks": [
                  {
                    "type": "bold"
                  }
                ],
                "text": "Standard STP",
                "type": "text"
              },
              {
                "text": " account is commission-free with spreads from 1.2 pips. ",
                "type": "text"
              },
              {
                "marks": [
                  {
                    "type": "bold"
                  }
                ],
                "text": "Raw ECN",
                "type": "text"
              },
              {
                "text": " drops spreads to 0.0 pips and charges $6 per lot round turn. Both list a $100 minimum, though VT's funding FAQ says a live account generally needs 50 in your base currency. ",
                "type": "text"
              },
              {
                "marks": [
                  {
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                  }
                ],
                "text": "Pro ECN",
                "type": "text"
              },
              {
                "text": " cuts commission further for bigger traders, and ",
                "type": "text"
              },
              {
                "marks": [
                  {
                    "type": "bold"
                  }
                ],
                "text": "Cent",
                "type": "text"
              },
              {
                "text": " accounts let you trade forex, gold, silver and oil in tiny sizes. Leverage goes up to 1:1000 depending on the instrument and where you live, and swap-free versions are offered.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
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            },
            "content": [
              {
                "text": "Platforms and markets",
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              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "You can use MT4, MT5, the WebTrader, TradingView or the VT Markets app, and copy trading is available too. There's no cTrader. The range is 1,000+ CFDs across forex, indices, commodities, shares, ETFs, bonds and crypto.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Money in and out",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "VT doesn't charge for deposits by card, bank transfer, e-wallets like Skrill and Neteller, or local methods. The first wire withdrawal each month is free and later ones cost $20, while Skrill takes 1% and Neteller 2%. The minimum withdrawal is 40 in your base currency, and bank wires take three to five business days.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          }
        ],
        "type": "doc"
      },
      "website_url": "https://www.vtmarkets.com",
      "founded_year": 2015,
      "headquarters": "",
      "brand_color": "#f4f4f4",
      "primary_category": "cfd",
      "categories": [
        "cfd"
      ],
      "markets": [
        "forex",
        "indices",
        "commodities",
        "stocks",
        "etfs",
        "crypto",
        "bonds"
      ],
      "regulators": [
        {
          "regulator": "fsca",
          "entity": "VT Markets (Pty) Ltd",
          "licence": "FSP 50865"
        },
        {
          "regulator": "fsc_mauritius",
          "entity": "VT Markets Limited",
          "licence": "GB23202269"
        },
        {
          "regulator": "fsa_svg",
          "entity": "VT Markets LLC",
          "licence": "673 LLC 2020"
        },
        {
          "regulator": "other",
          "entity": "VT Markets (Pty) Ltd – Dubai Branch",
          "licence": "20200000299",
          "note": "UAE Capital Markets Authority (introduction and promotion only)"
        }
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        "tradingview",
        "proprietary"
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        {
          "name": "Standard STP",
          "min_deposit": 100,
          "currency": "USD",
          "pricing": "No commission, spreads from 1.2 pips",
          "max_leverage": "Up to 1:1000, varies by instrument and region"
        },
        {
          "name": "Raw ECN",
          "min_deposit": 100,
          "currency": "USD",
          "pricing": "Spreads from 0.0 pips plus $6 commission per lot round turn",
          "max_leverage": "Up to 1:1000, varies by instrument and region"
        },
        {
          "name": "Pro ECN",
          "min_deposit": null,
          "currency": "USD",
          "pricing": "Raw spreads with lower commission: $2 to $4 round turn on forex and gold, $0 on oil and silver",
          "max_leverage": ""
        },
        {
          "name": "Cent account",
          "min_deposit": null,
          "currency": "USD",
          "pricing": "STP and ECN versions; forex, gold, silver and oil only",
          "max_leverage": ""
        }
      ],
      "min_deposit": 50,
      "min_deposit_currency": "USD",
      "payment_methods": [
        "bank",
        "card",
        "skrill",
        "neteller",
        "local"
      ],
      "features": {
        "copy_trading": true,
        "demo_account": true,
        "swap_free": true
      },
      "investor_protection": "Eligible client funds insured up to $1,000,000",
      "restricted_countries": [
        "HK",
        "RU",
        "SG",
        "US"
      ],
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        "Low entry: $100 on the main accounts and as little as 50 in your base currency to fund",
        "Raw ECN pricing from 0.0 pips with a $6 round-turn commission",
        "MT4, MT5, TradingView and its own app and WebTrader",
        "Cent accounts for trading very small sizes",
        "No deposit or inactivity fees"
      ],
      "cons": [
        "Main licences are FSCA, Mauritius and St Vincent, with no tier-1 regulator",
        "No cTrader",
        "Wire withdrawals after the first each month cost $20, Skrill 1% and Neteller 2%",
        "Not available in the US, Singapore, Russia or Hong Kong"
      ],
      "review_sources": [
        {
          "source": "trustpilot",
          "rating": 4.2,
          "scale": 5,
          "count": 2724,
          "url": "https://www.trustpilot.com/review/vtmarkets.com",
          "checked_on": "2026-10-06"
        },
        {
          "source": "forexpeacearmy",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.forexpeacearmy.com/forex-reviews/16738/vt-markets-review",
          "checked_on": "2026-10-06"
        },
        {
          "source": "myfxbook",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.myfxbook.com/reviews/brokers/vt-markets/1612970,1",
          "checked_on": "2026-10-06"
        },
        {
          "source": "reddit",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.reddit.com/r/FOREXTRADING/comments/1qu2fxc/vt_markets_withdrawal_issue/",
          "checked_on": "2026-10-06"
        }
      ],
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          {
            "content": [
              {
                "text": "VT Markets looks better on Trustpilot than anywhere else. It holds about 4.2 there from roughly 2,700 reviews, while its Forex Peace Army, Myfxbook and Reddit pages are dominated by withdrawal disputes. Forex Peace Army has also flagged and removed positive reviews it traced to staff of VT Markets' sister broker Vantage. Its own score for VT Markets did not appear in our evidence.",
                "type": "text"
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            ],
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            "content": [
              {
                "text": "What traders like",
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                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
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                        "text": "Quick deposits and withdrawals for many.",
                        "type": "text"
                      },
                      {
                        "text": " Plenty of Trustpilot reviewers say withdrawals arrive within a day and that they have traded for a year or more without trouble.",
                        "type": "text"
                      }
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                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
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                        "text": "Low spreads and MetaTrader.",
                        "type": "text"
                      },
                      {
                        "text": " Traders like the raw spread accounts and having both MT4 and MT5.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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                "content": [
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                    "content": [
                      {
                        "marks": [
                          {
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                        "text": "Friendly live chat.",
                        "type": "text"
                      },
                      {
                        "text": " Support gets praise for polite, fast answers on routine questions.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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              "level": 2
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                "text": "Common complaints",
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            "type": "heading"
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                "content": [
                  {
                    "content": [
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                        "marks": [
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                        "text": "Accounts restricted after a withdrawal request.",
                        "type": "text"
                      },
                      {
                        "text": " The most repeated story on Forex Peace Army, Myfxbook and Reddit: a first withdrawal goes through, then a later one is refused and the account is put \"under review\" with trading disabled.",
                        "type": "text"
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                "content": [
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                        "text": "Profits removed.",
                        "type": "text"
                      },
                      {
                        "text": " Several traders say profits were cancelled for abnormal or non-compliant trading without clear evidence, sometimes on bonus-funded accounts.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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                        "marks": [
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                            "type": "bold"
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                        "text": "Long compliance holds.",
                        "type": "text"
                      },
                      {
                        "text": " Some describe reviews running for weeks or months, with repeated document requests.",
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              {
                "content": [
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                    "content": [
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                        "text": "Copy-paste support once things go wrong.",
                        "type": "text"
                      },
                      {
                        "text": " Reviewers say replies turn generic when the issue is a blocked withdrawal.",
                        "type": "text"
                      }
                    ],
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                ],
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              {
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                          }
                        ],
                        "text": "Stops hit without price reaching them.",
                        "type": "text"
                      },
                      {
                        "text": " A few Trustpilot reviewers blame spread widening.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Recently",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "July 2026:",
                        "type": "text"
                      },
                      {
                        "text": " a Trustpilot reviewer reported an account restricted for over a week over unexplained \"suspicious trading activity\". In September a Forex Peace Army reviewer said a withdrawal had been held for six months under a compliance investigation, and another said profits were removed and the deposit was also slow to return. A Tradomatix summary in August 2026 found withdrawals and support the two dominant themes over the prior year.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.trustpilot.com/review/vtmarkets.com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the main review page, the biggest pool of reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.forexpeacearmy.com/forex-reviews/16738/vt-markets-review",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews and withdrawal dispute threads.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Myfxbook",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews, mostly complaints.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.reddit.com/r/FOREXTRADING/comments/1qu2fxc/vt_markets_withdrawal_issue/",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit",
                        "type": "text"
                      },
                      {
                        "text": ": a thread on blocked withdrawals with mixed replies.",
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                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
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      },
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      "sort_order": 330,
      "seo_title": "VT Markets review: regulation, fees and platforms",
      "seo_description": "VT Markets review: FSCA, FSC Mauritius and FSA SVG regulated CFD broker, $100 minimum deposit, MT4, MT5 and TradingView, forex, indices, shares and gold.",
      "logo": "/logos/brokers/vt-markets.png"
    },
    {
      "slug": "octa",
      "name": "Octa",
      "tagline": "Low-cost, swap-free forex and CFD broker with a $25 minimum and its own OctaTrader app",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "Octa, which you might know as OctaFX, is a forex and CFD broker founded in 2011. It's aimed at newer traders, a lot of them in Asia, Africa and other emerging markets, who want to start small and keep costs low. EU clients go through Octa Markets Cyprus Ltd, licensed by CySEC. Everyone else mostly lands with Uni Fin Invest under the FSC in Mauritius or Octa Markets Ltd under MISA in Comoros, which are much lighter regimes. There's also a South African arrangement and an Indonesian BAPPEBTI licence. It doesn't accept US clients.",
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          },
          {
            "attrs": {
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            },
            "content": [
              {
                "text": "Accounts and costs",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "There are three accounts, one per platform: OctaTrader, MT4 and MT5. Each needs about ",
                "type": "text"
              },
              {
                "marks": [
                  {
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                  }
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                "text": "$25",
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              },
              {
                "text": " to open, charges no commission and builds the cost into spreads that start around 0.6 pips on EUR/USD. Every account is swap-free, so holding overnight doesn't cost extra, and there's no inactivity fee. Leverage for international clients goes up to 1:1000 on forex, 1:400 on indices and 1:40 on shares. EU clients are capped at 1:30.",
                "type": "text"
              }
            ],
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          },
          {
            "attrs": {
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            },
            "content": [
              {
                "text": "Platforms and markets",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "OctaTrader is Octa's own web and mobile app, with a feed of trade ideas you can copy onto your chart. MT4 and MT5 are there too, with full EA support. The range is fairly tight at around 300 instruments: about 35 currency pairs, metals and energies, around 10 indices, roughly 30 cryptocurrencies and some 150 stock CFDs, which you can only trade on MT5.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Money in and out",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "You can pay by card, bank transfer, Skrill, Neteller, crypto and local methods that vary by country. Octa doesn't charge for deposits or withdrawals and says it covers the fees payment providers add. Withdrawals are usually processed in one to three hours, though some users on review sites report problems getting paid.",
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              }
            ],
            "type": "paragraph"
          }
        ],
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      },
      "website_url": "https://www.octabroker.com",
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      "headquarters": "Limassol, Cyprus",
      "brand_color": "",
      "primary_category": "cfd",
      "categories": [
        "cfd"
      ],
      "markets": [
        "forex",
        "indices",
        "commodities",
        "stocks",
        "crypto"
      ],
      "regulators": [
        {
          "regulator": "cysec",
          "entity": "Octa Markets Cyprus Ltd",
          "licence": "372/18"
        },
        {
          "regulator": "fsc_mauritius",
          "entity": "Uni Fin Invest",
          "licence": "GB21027161"
        },
        {
          "regulator": "fsca",
          "entity": "",
          "licence": ""
        },
        {
          "regulator": "other",
          "entity": "Octa Markets Ltd",
          "licence": "T2023320",
          "note": "Mwali International Services Authority (MISA), Comoros"
        },
        {
          "regulator": "other",
          "entity": "",
          "licence": "54/BAPPEBTI/SI/05/2013",
          "note": "BAPPEBTI, Indonesia"
        }
      ],
      "platforms": [
        "mt4",
        "mt5",
        "proprietary"
      ],
      "accounts": [
        {
          "name": "OctaTrader account",
          "min_deposit": 25,
          "currency": "USD",
          "pricing": "No commission and no swaps, spreads from 0.6 pips on EUR/USD",
          "max_leverage": "Up to 1:1000 on forex for international clients; 1:30 for EU clients"
        },
        {
          "name": "MT4 account",
          "min_deposit": 25,
          "currency": "USD",
          "pricing": "No commission and no swaps, spreads from 0.6 pips on EUR/USD",
          "max_leverage": "Up to 1:1000 on forex for international clients; 1:30 for EU clients"
        },
        {
          "name": "MT5 account",
          "min_deposit": 25,
          "currency": "USD",
          "pricing": "No commission and no swaps, spreads from 0.6 pips on EUR/USD; the only account with stock CFDs",
          "max_leverage": "Up to 1:1000 on forex, 1:400 on indices, 1:40 on stocks (international clients)"
        }
      ],
      "min_deposit": 25,
      "min_deposit_currency": "USD",
      "payment_methods": [
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        "card",
        "skrill",
        "neteller",
        "crypto",
        "local"
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      "features": {
        "copy_trading": true,
        "demo_account": true,
        "swap_free": true
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      "investor_protection": "",
      "restricted_countries": [
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      ],
      "pros": [
        "$25 minimum deposit on every account",
        "No commission, no swap fees and no inactivity fees",
        "Octa charges nothing for deposits or withdrawals and covers payment provider fees",
        "Choice of OctaTrader, MT4 and MT5, plus copy trading",
        "Withdrawals are usually processed within a few hours"
      ],
      "cons": [
        "Most international clients sign up with offshore entities in Mauritius or Comoros",
        "Only around 300 instruments, with no ETFs or bonds",
        "Stock CFDs are only on the MT5 account",
        "WikiFX flags it for frequent complaints about withdrawals and frozen accounts",
        "Not available to US residents"
      ],
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        {
          "source": "trustpilot",
          "rating": 3.7,
          "scale": 5,
          "count": 9870,
          "url": "https://www.trustpilot.com/review/www.octabroker.com",
          "checked_on": "2026-10-06"
        },
        {
          "source": "myfxbook",
          "rating": 4.1,
          "scale": 5,
          "count": 123,
          "url": "https://www.myfxbook.com/reviews/brokers/octa/690716,1",
          "checked_on": "2026-10-06"
        },
        {
          "source": "forexpeacearmy",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.forexpeacearmy.com/forex-reviews/8757/octa-review",
          "checked_on": "2026-10-06"
        },
        {
          "source": "other",
          "label": "Hellopeter",
          "rating": 4,
          "scale": 10,
          "count": null,
          "url": "https://www.hellopeter.com/octafx",
          "checked_on": "2026-10-06"
        },
        {
          "source": "reddit",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.reddit.com/search/?q=octafx",
          "checked_on": "2026-10-06"
        }
      ],
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          {
            "content": [
              {
                "text": "Octa (formerly OctaFX) has mixed reviews, with a heavy run of withdrawal complaints alongside plenty of satisfied users. It holds 3.7 on Trustpilot from about 9,900 reviews and 4.1 on Myfxbook from about 120. South Africa's Hellopeter gives it a TrustIndex of 4 out of 10. The Forex Peace Army page and forum have many complaint threads but no FPA score in what we collected.",
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              }
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            "content": [
              {
                "text": "What traders like",
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                        "text": "Quick withdrawals for many.",
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                      },
                      {
                        "text": " Several Reddit and Forex Peace Army reviewers say withdrawals land within a few hours.",
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                      }
                    ],
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                  }
                ],
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              },
              {
                "content": [
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                        "marks": [
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                          }
                        ],
                        "text": "Tools and apps.",
                        "type": "text"
                      },
                      {
                        "text": " Myfxbook reviewers praise the OctaTrader platform, the charts and the AI features, and some like the copy trading choice.",
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                      }
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                ],
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              {
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                        "text": "Responsive support.",
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                      },
                      {
                        "text": " Trustpilot reviews often mention fast replies from support.",
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                    ],
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              {
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                        "text": "No commission.",
                        "type": "text"
                      },
                      {
                        "text": " Some like the spread-only pricing and low entry cost.",
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                    ],
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                "text": "Common complaints",
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                    "content": [
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                        "text": "Withdrawals marked complete but not received.",
                        "type": "text"
                      },
                      {
                        "text": " The most repeated complaint. Forex Peace Army threads, Hellopeter and complaints gathered by WikiFX describe withdrawals shown as completed that reviewers say never reached their bank, often from Indonesia, India and Malaysia.",
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              {
                "content": [
                  {
                    "content": [
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                        "text": "Accounts put under review after a profit.",
                        "type": "text"
                      },
                      {
                        "text": " Several reviewers say an account was frozen for internal review, asked for many KYC documents, had its leverage cut or was closed after a winning run.",
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                ],
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              {
                "content": [
                  {
                    "content": [
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                        "text": "Card and bank paperwork.",
                        "type": "text"
                      },
                      {
                        "text": " A few say Octa asked for bank letters to verify a replaced card before paying out.",
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                      }
                    ],
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                  }
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                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
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                          {
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                        "text": "Pricing around the weekend.",
                        "type": "text"
                      },
                      {
                        "text": " Some Myfxbook reviewers say limit orders filled away from market prices near the Sunday open and Friday close.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
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                    "content": [
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                        "marks": [
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                        "text": "Security.",
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                      {
                        "text": " One Forex Peace Army poster complained in late 2025 that the platform had no two-factor login.",
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                "text": "Recently",
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          {
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                        "text": "July and August 2026:",
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                      },
                      {
                        "text": " WikiFX published several articles gathering withdrawal and account-block complaints, citing 170 complaints to its own service over three months.",
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                "content": [
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                        "text": "September 2026:",
                        "type": "text"
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                      {
                        "text": " Traders Union noted the latest Trustpilot review was posted on 23 September and the score was still 3.7.",
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            "content": [
              {
                "text": "Where this comes from",
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            "type": "heading"
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          {
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              {
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                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.trustpilot.com/review/www.octabroker.com",
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the main review page for octabroker.com.",
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                    "type": "paragraph"
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                              "target": "_self"
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                            "type": "link"
                          }
                        ],
                        "text": "Myfxbook",
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                        "text": ": trader reviews with a score.",
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                  {
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                        "marks": [
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                          }
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                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews and complaint threads.",
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              {
                "content": [
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                      {
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                          {
                            "attrs": {
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                              "href": "https://www.hellopeter.com/octafx",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Hellopeter",
                        "type": "text"
                      },
                      {
                        "text": ": South African complaint and review site.",
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              },
              {
                "content": [
                  {
                    "content": [
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                        "marks": [
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                            "attrs": {
                              "class": null,
                              "href": "https://www.wikifx.com/en/newsdetail/202608103554311426.html",
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "WikiFX complaint roundup",
                        "type": "text"
                      },
                      {
                        "text": ": August 2026 summary of user complaints.",
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                      }
                    ],
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                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit search",
                        "type": "text"
                      },
                      {
                        "text": ": threads in r/Forex, r/Trading and r/Daytrading.",
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      "sort_order": 340,
      "seo_title": "Octa review: regulation, fees and platforms",
      "seo_description": "Octa review: CySEC and FSC Mauritius entities, $25 minimum deposit, OctaTrader, MT4 and MT5, swap-free forex, index, commodity, stock and crypto CFDs.",
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      "slug": "hantec-markets",
      "name": "Hantec Markets",
      "tagline": "FCA-regulated CFD broker with a $10 entry point, MetaTrader and its own copy trading app",
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          {
            "content": [
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                "text": "Hantec Markets is a CFD and forex broker that grew out of the Hong Kong based Hantec Group and has run its UK arm since 2009. It suits newer traders who want a small first deposit and MetaTrader, plus anyone curious about copy trading. Hantec Markets Limited is regulated by the FCA in London, there's an ASIC entity in Australia, and most international clients are onboarded through the FSC-regulated company in Mauritius. A Jordan entity also exists.",
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                "text": "Global",
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                "text": " is spread-only with zero commission on select assets, ",
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                "text": " pairs tighter spreads from around 0.1 pips with a small commission, and ",
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                "text": " lets you trade in tiny sizes. You can start with as little as $10. Leverage runs up to 1:500, but the cap depends on which entity holds your account, so the entity you sign up with matters more than the account name. Overnight swaps apply.",
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                "text": "Platforms and markets",
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                "text": "You get MT4 and MT5 for Expert Advisors and custom indicators, plus Hantec WebTrader and the Hantec Mobile app, both with TradingView charts built in. ",
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                "text": "Hantec Social",
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                "text": " is the copy trading side, where you follow signal providers without a service fee. The range covers over 2,650 CFDs: forex majors, minors and exotics, indices, metals, energy, stocks, ETFs, crypto and pairs trades on two related instruments. There are no guaranteed stops.",
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                "text": "Bank transfer and cards work everywhere, with local options such as AllPay and KPay in some regions. Hantec doesn't charge for deposits or withdrawals, though your payment provider might. Withdrawals go back to the method you deposited with and can arrive in as little as five minutes, usually within a day.",
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        "Hantec Social for copy trading with no service fee"
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        "Leverage and conditions vary a lot between the UK, Australian and offshore entities",
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                "text": "Hantec Markets has a very high score on Trustpilot and a much rougher time on Forex Peace Army. Trustpilot shows it at 5 stars from about 5,600 reviews, a pool that has grown quickly over the past year. Forex Peace Army has two pages, one for the main brand and one for Hantec Markets Australia, with no score in the evidence collected, and Myfxbook has a small set of older reviews. Many of the harshest complaints concern Hantec Trader, the group's prop trading arm, rather than the brokerage itself.",
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                        "text": "September 2026:",
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                        "text": " a Forex Peace Army review accuses Hantec Trader of banning traders after their first payout.",
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                        "text": " new Trustpilot reviews are still overwhelmingly positive, praising fast withdrawals and support staff.",
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                "text": "Where this comes from",
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                        "text": "Trustpilot",
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                        "text": ": Hantec Markets' main review page.",
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                        "text": "Forex Peace Army (Hantec Markets Australia)",
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                        "text": "Myfxbook",
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                        "text": "Reddit",
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                        "text": ": a Spanish-language thread on using Hantec in Europe.",
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                        "text": "BrokerChooser",
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                "text": "ActivTrades is a London-based CFD and forex broker that's been around since 2001. It suits retail traders who want a well-established FCA-regulated firm, no minimum deposit and a choice between its own platform and MetaTrader. The UK company, ActivTrades PLC, is authorised by the FCA, and there are sister entities supervised in Portugal (CMVM), Mauritius (FSC), the Bahamas (SCB) and Brazil (CVM). Client money is kept segregated, retail accounts get negative balance protection, and on top of FSCS cover for eligible UK clients the broker carries extra insurance up to £1 million or $1 million depending on the entity.",
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                "text": " account. There's no minimum deposit in most regions, forex is commission-free with spreads from 0.5 pips, and share CFDs carry a small commission. Retail leverage follows the local rules, so 1:30 on major pairs in the UK and EU, while the ",
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                "text": " account drops rollover interest, and UK clients can also spread bet. Watch for a 0.5% fee if you fund in a currency other than your base one, and an inactivity fee after a long break.",
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                "text": "Deposits are free by bank transfer, card, Skrill, Neteller and a list of cryptocurrencies, though your provider may charge. Withdrawals are mostly free too, except some bank transfers, which can cost about £9.",
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                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Withdrawals rejected or slow.",
                        "type": "text"
                      },
                      {
                        "text": " Reviewers on Forex Peace Army, Sitejabber and third-party sites describe withdrawals refused after profits, delays, or being told to use a different method from the one they deposited with. Markets.com replies that requests are handled within its standard three business days.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Unresponsive support once things go wrong.",
                        "type": "text"
                      },
                      {
                        "text": " Some say emails and calls went unanswered after funding.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Margin and overnight fees.",
                        "type": "text"
                      },
                      {
                        "text": " A few reviewers say they could not add funds near a margin call, and others mention high overnight charges.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "content": [
              {
                "text": "Several Sitejabber reviews promote fund recovery services, so that page is a weak signal.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Recently",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "September to October 2026:",
                        "type": "text"
                      },
                      {
                        "text": " new Trustpilot reviews mix quick support fixes with complaints about an Indian rupee deposit from late September that was not credited and unpaid introducing-broker commissions. Markets.com replied asking for account details.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "July 2026:",
                        "type": "text"
                      },
                      {
                        "text": " BrokerChooser's summary of user reviews named deposits and withdrawals as the biggest complaint by far.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.trustpilot.com/review/markets.com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": Markets.com's main review page.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.forexpeacearmy.com/forex-reviews/6625/markets-com-review",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.myfxbook.com/reviews/brokers/marketscom/42200,1",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Myfxbook",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.sitejabber.com/reviews/markets.com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Sitejabber",
                        "type": "text"
                      },
                      {
                        "text": ": a small set of customer reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.reddit.com/r/Daytrading/comments/asbzpw/is_marketscom_a_scam/",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit",
                        "type": "text"
                      },
                      {
                        "text": ": an older thread asking whether the broker is trustworthy.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
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        "type": "doc"
      },
      "reviews_checked_on": "2026-10-06",
      "featured": false,
      "sort_order": 370,
      "seo_title": "Markets.com review: regulation, fees and platforms",
      "seo_description": "Markets.com review: CySEC, FCA and FSCA regulated, $100 minimum deposit, commission-free CFDs on forex, shares, indices and crypto via MT4, MT5 and TradingView.",
      "logo": "/logos/brokers/markets-com.png"
    },
    {
      "slug": "moneta-markets",
      "name": "Moneta Markets",
      "tagline": "Low-cost ECN CFD broker with a $50 start, MT4, MT5 and a TradingView-powered web platform",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "Moneta Markets is a forex and CFD broker set up in 2019 that sells itself on low trading costs, so it's mostly aimed at active day traders and scalpers. The main licence on its global site is from the FSCA in South Africa. Its group also has a UK company with an FCA number, an entity under the FSC in Mauritius, a Seychelles arm, and a UAE company that can only introduce clients. Check which one you'd be with, as offshore entities give you less protection. It doesn't take clients from the US, Canada, Russia or several EU countries.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
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            "content": [
              {
                "text": "Accounts and costs",
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              }
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            "type": "heading"
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          {
            "content": [
              {
                "text": "There are three live accounts. ",
                "type": "text"
              },
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                "marks": [
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                    "type": "bold"
                  }
                ],
                "text": "Direct STP",
                "type": "text"
              },
              {
                "text": " needs $50 and has spreads from 1.2 pips with no commission. ",
                "type": "text"
              },
              {
                "marks": [
                  {
                    "type": "bold"
                  }
                ],
                "text": "Prime ECN",
                "type": "text"
              },
              {
                "text": " also starts at $50 but gives raw spreads from 0.0 with $3 per lot per side. ",
                "type": "text"
              },
              {
                "marks": [
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                    "type": "bold"
                  }
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                "text": "Ultra ECN",
                "type": "text"
              },
              {
                "text": " cuts the commission to $1 per side, though you'll need $20,000 to open it. Leverage reaches 1:1000 on FX and metals for global clients, and it's cut ahead of weekends and holidays. Swap-free versions are available.",
                "type": "text"
              }
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            "attrs": {
              "level": 2
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            "content": [
              {
                "text": "Platforms and markets",
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              }
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          {
            "content": [
              {
                "text": "You can use MT4, MT5, the ProTrader web platform, which is built on TradingView charts, and the AppTrader mobile app. There's a separate copy trading app too. The range covers over 1,000 CFDs on forex, indices, commodities, shares, ETFs, bonds and crypto. A demo account is free.",
                "type": "text"
              }
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            "type": "paragraph"
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          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Money in and out",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "Deposits are free by card, bank wire, Skrill, Neteller, crypto such as BTC and USDT, and local options like FasaPay and Sticpay. Card and e-wallet withdrawals only go back up to what you paid in that way, and profits on top go by bank wire. Moneta covers the fee on one wire withdrawal a month, and later ones cost about $20.",
                "type": "text"
              }
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      "website_url": "https://www.monetamarkets.com",
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      "headquarters": "",
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      "primary_category": "cfd",
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          "entity": "Moneta Markets Trading Limited",
          "licence": "GB24203391"
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        {
          "regulator": "fsa_seychelles",
          "entity": "",
          "licence": ""
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        {
          "regulator": "other",
          "entity": "Moneta Global Financial Services L.L.C",
          "licence": "20200000459",
          "note": "UAE Capital Market Authority, Category 5 (introduction and promotion only)"
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        "proprietary"
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        {
          "name": "Direct STP",
          "min_deposit": 50,
          "currency": "USD",
          "pricing": "Spreads from 1.2 pips, no commission",
          "max_leverage": "Up to 1:1000, depending on region"
        },
        {
          "name": "Prime ECN",
          "min_deposit": 50,
          "currency": "USD",
          "pricing": "Spreads from 0.0 pips plus $3 per lot per side",
          "max_leverage": "Up to 1:1000, depending on region"
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          "name": "Ultra ECN",
          "min_deposit": 20000,
          "currency": "USD",
          "pricing": "Spreads from 0.0 pips plus $1 per lot per side",
          "max_leverage": "Up to 1:500, depending on region"
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      "min_deposit": 50,
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        "demo_account": true,
        "negative_balance_protection": true,
        "segregated_funds": true,
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      "restricted_countries": [
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        "CY",
        "ES",
        "FR",
        "IT",
        "RU",
        "UA",
        "US"
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      "pros": [
        "$50 minimum deposit on both Direct STP and Prime ECN",
        "Raw spreads from 0.0 pips with $3 per side commission",
        "ProTrader web platform runs on TradingView charts",
        "No deposit fees and free card, e-wallet and crypto withdrawals",
        "Copy trading app and swap-free accounts available"
      ],
      "cons": [
        "Most clients are served by offshore entities with lighter protection",
        "Bank wire withdrawals after the first each month cost about $20",
        "Ultra ECN pricing needs a $20,000 deposit",
        "Not available in the US, Canada and several EU countries"
      ],
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        {
          "source": "trustpilot",
          "rating": 4,
          "scale": 5,
          "count": 618,
          "url": "https://www.trustpilot.com/review/monetamarkets.com",
          "checked_on": "2026-10-06"
        },
        {
          "source": "forexpeacearmy",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.forexpeacearmy.com/forex-reviews/18211/moneta-markets-review",
          "checked_on": "2026-10-06"
        },
        {
          "source": "sitejabber",
          "rating": 1.3,
          "scale": 5,
          "count": 6,
          "url": "https://www.sitejabber.com/reviews/monetamarkets.com",
          "checked_on": "2026-10-06"
        },
        {
          "source": "myfxbook",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.myfxbook.com/reviews/brokers/moneta-markets/2325686,1",
          "checked_on": "2026-10-06"
        },
        {
          "source": "reddit",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.reddit.com/r/Forex/comments/1rcj72o/moneta_markets_experience/",
          "checked_on": "2026-10-06"
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          {
            "content": [
              {
                "text": "Moneta Markets looks good on Trustpilot and much worse almost everywhere else. Trustpilot shows a 4-star rating with about 620 reviews, while Sitejabber has 1.3 from just 6 reviews. Forex Peace Army has an active review page and several complaint threads, but the bundle shows no score for it. Several outside write-ups question how genuine the short positive Trustpilot reviews are, so weigh that score with care.",
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                "text": "What traders like",
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                        "text": "Low costs.",
                        "type": "text"
                      },
                      {
                        "text": " Reviewers on Trustpilot and FPA praise ECN spreads and say conditions are among the best they have used.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
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              {
                "content": [
                  {
                    "content": [
                      {
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                          {
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                          }
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                        "text": "Smooth deposits and withdrawals for many.",
                        "type": "text"
                      },
                      {
                        "text": " A number of FPA and Myfxbook reviewers say they have withdrawn without trouble over a year or more.",
                        "type": "text"
                      }
                    ],
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                ],
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              {
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                    "content": [
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                        "text": "Easy onboarding and a light platform.",
                        "type": "text"
                      },
                      {
                        "text": " Reddit and Myfxbook users mention quick sign-up and a simple interface, including the TradingView-based ProTrader.",
                        "type": "text"
                      }
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                    "type": "paragraph"
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                "content": [
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                        "text": "Friendly support.",
                        "type": "text"
                      },
                      {
                        "text": " Trustpilot reviewers often describe staff as professional and helpful.",
                        "type": "text"
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            "content": [
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                "text": "Common complaints",
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            "type": "heading"
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          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
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                          }
                        ],
                        "text": "Profits voided and withdrawals blocked.",
                        "type": "text"
                      },
                      {
                        "text": " This is the main theme on FPA, WikiFX, BrokersView and Sitejabber. Several traders say profits were cancelled for alleged agreement breaches or market manipulation and that the withdrawal menu was locked. BrokerChooser's summary of public opinion for May to August 2026 names blocked or delayed withdrawals as the biggest complaint.",
                        "type": "text"
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                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
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              {
                "content": [
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                    "content": [
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                          {
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                        "text": "Execution disputes.",
                        "type": "text"
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                      {
                        "text": " Some describe delayed closes during fast markets and prices they say were wrong at entry or exit.",
                        "type": "text"
                      }
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              {
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                        "text": "Regulatory confusion.",
                        "type": "text"
                      },
                      {
                        "text": " A few reviewers say they were told the entity serving them is not FSCA-regulated, and complain to regulators in South Africa, Saint Lucia and Seychelles.",
                        "type": "text"
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
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                        "text": "PAMM problems.",
                        "type": "text"
                      },
                      {
                        "text": " Some say a PAMM manager held their withdrawal and the broker did not step in.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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            "content": [
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                "text": "Recently",
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            "type": "heading"
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          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
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                        "text": "August 2026:",
                        "type": "text"
                      },
                      {
                        "text": " FPA reviews include a trader who says profits for a day were removed and a complaint is under investigation with the FAIS Ombud, alongside another who posts that an earlier dispute has been fully settled.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
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                        "text": "September 2026:",
                        "type": "text"
                      },
                      {
                        "text": " BrokerChooser reports repeated scam allegations and profit-related freezes across forum posts from the previous three months.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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                ],
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              }
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            "attrs": {
              "level": 2
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            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
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            "type": "heading"
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                              "href": "https://www.trustpilot.com/review/monetamarkets.com",
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the main review page.",
                        "type": "text"
                      }
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                    "type": "paragraph"
                  }
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.forexpeacearmy.com/forex-reviews/18211/moneta-markets-review",
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews and dispute threads.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Sitejabber",
                        "type": "text"
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                      {
                        "text": ": a handful of negative reviews.",
                        "type": "text"
                      }
                    ],
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                ],
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.myfxbook.com/reviews/brokers/moneta-markets/2325686,1",
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                              "target": "_self"
                            },
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                        "text": "Myfxbook",
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                      {
                        "text": ": trader reviews.",
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                        "text": "Reddit",
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                        "text": ": a 2026 thread asking about experiences.",
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      "seo_title": "Moneta Markets review: regulation, fees and platforms",
      "seo_description": "Moneta Markets is an FSCA regulated CFD broker with a $50 minimum deposit, MT4, MT5 and ProTrader, and 1,000+ forex, index, share, bond and crypto CFDs.",
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    {
      "slug": "ironfx",
      "name": "IronFX",
      "tagline": "MT4-focused CFD broker with fixed and floating spread accounts and high offshore leverage",
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          {
            "content": [
              {
                "text": "IronFX is a forex and CFD broker built around MetaTrader 4, with a long menu of account types and both fixed and floating spreads. It suits traders who like picking between commission-free and zero-spread pricing, or who want a fixed spread. IronFX is a trade name of Notesco, which is headquartered in Cyprus. The European arm is regulated by CySEC, there's an FCA licence in the UK and an FSCA licence in South Africa, and global clients are served through an offshore entity outside EU and UK rules. It doesn't accept US clients.",
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                "text": "Accounts and costs",
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            "content": [
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                "text": "There are several live accounts. ",
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                "text": " comes with fixed or floating spreads and no commission. ",
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                "text": " has floating spreads from about 0.9 pips, and ",
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                "text": "Absolute Zero",
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                "text": " is also commission-free with tighter minimum spreads on the majors. ",
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                "text": " charge a per-lot commission instead. Reported minimum deposits range from $50 to $100 depending on the account, with $500 for Zero Spread, so check before you sign up. Leverage reaches 1:1000 on the global entity, 1:500 in South Africa and 1:30 for retail clients in Cyprus and the UK. Islamic accounts are available.",
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                "text": "MT4 is the main platform, with WebTrader in the browser, and the site also lists MT5. Copy trading, PAMM/MAM and VPS hosting are on offer. You can trade CFDs on 80+ currency pairs, metals, energies, indices, shares, futures and crypto.",
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                "text": "You can fund by bank wire, cards, e-wallets, Bitcoin and local transfers, in base currencies including USD, EUR, GBP, AUD and JPY. IronFX doesn't charge deposit fees. Most withdrawals are free and take one to two business days, but bank wires can cost more and an inactivity fee kicks in after 90 days.",
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        "Global clients are served offshore, outside EU and UK rules",
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        "Commissions on the zero-spread accounts are on the high side",
        "Inactivity fee after 90 days and costly bank wire withdrawals",
        "Mixed public reviews, including withdrawal complaints"
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          "source": "sitejabber",
          "rating": 4.5,
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        {
          "source": "myfxbook",
          "rating": null,
          "scale": null,
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          "url": "https://www.myfxbook.com/reviews/brokers/ironfx/239765,1",
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        {
          "source": "reddit",
          "rating": null,
          "scale": null,
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          "url": "https://www.reddit.com/search/?q=ironfx",
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            "content": [
              {
                "text": "IronFX's reviews split sharply by site. On the two sites with the longest record of complaints it scores poorly: about 2.8 on Trustpilot from roughly 720 reviews, and 1.3 on Forex Peace Army from about 250, where the broker is blacklisted. On sites that collect invited reviews it scores high: 4.68 on Reviews.io from about 680, and 4.5 on both Sitejabber (about 150) and SmartCustomer (about 175). Some reviewers openly doubt that the glowing reviews are genuine, so the low scores deserve the closer read.",
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                "text": "What traders like",
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                        "text": "Wide account choice and high leverage.",
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                        "text": " Reviewers mention fixed, floating and commission-based accounts, and leverage far above EU limits through the offshore entity.",
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                        "text": "Long track record.",
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                        "text": " Several positive reviews say the broker's history since 2010 is the main reason they trust it.",
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                        "text": "Personal service.",
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                        "text": " Some praise account managers, webinars and trading competitions such as the 2026 World Trading Cup.",
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                        "text": "Smooth deposits.",
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                        "text": " Funding is rarely the problem, according to most reviewers on both sides.",
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                        "text": "Withdrawals declined or stalled.",
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                        "text": " The dominant theme on Trustpilot and Forex Peace Army: requests rejected without a clear reason, repeated verification demands, and emails that go unanswered. Some reviews involve only the deposit, with no trading at all.",
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                        "text": "Profits reversed.",
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                        "text": " A number of traders say profits were removed and accounts closed after accusations of arbitrage or rule breaches, while losses were left in place.",
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                        "text": " Trustpilot's own summary notes many reviewers struggling to contact the company.",
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                        "text": "Pressure from advisers.",
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                        "text": " Some describe account managers pushing for larger deposits.",
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                        "text": " One Trustpilot reviewer says IronFX offered a settlement in exchange for deleting negative reviews.",
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                "text": "Older history adds context: Finance Magnates reported in the mid-2010s on withdrawal delays, bonus-abuse investigations and a CySEC probe.",
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                "text": "Recently",
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                        "text": "July 2026:",
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                        "text": " recent Trustpilot reviews describe small withdrawals being declined and account access stuck in verification.",
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                        "text": "August 2026:",
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                      {
                        "text": " an independent review site reports recurring withdrawal and account-closure complaints concentrated among clients of the offshore Bermuda entity.",
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            "content": [
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                "text": "Where this comes from",
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                        "text": "Trustpilot",
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                        "text": ": the main review page.",
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                        "text": "Forex Peace Army",
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                        "text": ": reviews, the blacklisting and complaint threads.",
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                        "text": "Sitejabber",
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                        "text": ": reviews.",
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                        "text": "Reviews.io",
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                        "text": ": reviews.",
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                        "text": "SmartCustomer",
                        "type": "text"
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                      {
                        "text": ": reviews.",
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                        "marks": [
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                              "target": "_self"
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                            "type": "link"
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                        ],
                        "text": "Myfxbook",
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                      {
                        "text": ": trader reviews.",
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
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                            "type": "link"
                          }
                        ],
                        "text": "Reddit search",
                        "type": "text"
                      },
                      {
                        "text": ": threads on r/Forex and r/Forexstrategy.",
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      "seo_title": "IronFX review: regulation, fees and platforms",
      "seo_description": "IronFX is a CySEC and FCA regulated CFD broker offering MT4 and MT5, fixed and floating spread accounts, and up to 1:1000 leverage on its offshore entity.",
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    {
      "slug": "lmax-global",
      "name": "LMAX Global",
      "tagline": "Institutional FX and crypto CFD broker with direct access to the LMAX Exchange order book",
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          {
            "content": [
              {
                "text": "LMAX Global is the brokerage arm of LMAX Group, the London firm behind the LMAX Exchange FX venue. It's not a typical retail broker. It's built for professional traders, money managers, prop firms and other brokers who want exchange-style execution: your orders hit the LMAX Exchange central limit order book, with no last look rejections. The UK entity is regulated by the FCA, the EU one by CySEC, and there are further entities under the FSC in Mauritius and in New Zealand.",
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            "content": [
              {
                "text": "There's one main account, and the bar to get in is high: the minimum initial deposit is $10,000. Pricing is variable spreads, typically around 0.1 pips on EUR/USD, plus a commission that drops as your volume rises. Reviewers put it at roughly $2.5 to $4.5 per $100,000 traded, and some also report a $300 monthly platform fee. Retail leverage is capped at 1:30. The website itself is aimed at professional clients, and LMAX warns that losses can exceed your deposit.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Platforms and markets",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "You can trade on LMAX's own web platform and mobile app, on MT4 or MT5, or plug in over FIX and API connections. The range is narrow at around 100 instruments: rolling spot FX, metals, equity indices, commodities and crypto CFDs, plus weekend FX. A demo account is available.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Money in and out",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "Depending on the entity, you can fund by bank transfer, debit or credit card, Skrill and Neteller, and some entities take certain crypto coins. Accounts come in currencies such as USD, EUR, GBP and AUD. Client money at the UK entity is held in segregated trust accounts under FCA rules, and reviewers say LMAX doesn't charge for deposits or withdrawals.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          }
        ],
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      },
      "website_url": "https://www.lmax.com",
      "founded_year": null,
      "headquarters": "London, United Kingdom",
      "brand_color": "#f4f4f4",
      "primary_category": "cfd",
      "categories": [
        "cfd",
        "crypto"
      ],
      "markets": [
        "forex",
        "indices",
        "commodities",
        "crypto"
      ],
      "regulators": [
        {
          "regulator": "fca",
          "entity": "LMAX Broker Limited",
          "licence": "783200"
        },
        {
          "regulator": "fca",
          "entity": "",
          "licence": "509778"
        },
        {
          "regulator": "cysec",
          "entity": "LMAX Broker Europe Limited",
          "licence": "310/16"
        },
        {
          "regulator": "fsc_mauritius",
          "entity": "LMAX Broker Mauritius Limited",
          "licence": "GB19025016"
        },
        {
          "regulator": "fma",
          "entity": "LMAX New Zealand Limited",
          "licence": ""
        }
      ],
      "platforms": [
        "mt4",
        "mt5",
        "proprietary"
      ],
      "accounts": [
        {
          "name": "LMAX Global account",
          "min_deposit": 10000,
          "currency": "USD",
          "pricing": "Variable spreads from about 0.1 pips on EUR/USD plus a commission tiered by trading activity, reported at $2.5 to $4.5 per $100,000 traded",
          "max_leverage": "1:30 (retail)"
        }
      ],
      "min_deposit": 10000,
      "min_deposit_currency": "USD",
      "payment_methods": [
        "bank",
        "card",
        "skrill",
        "neteller",
        "crypto"
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        "demo_account": true,
        "segregated_funds": true,
        "swap_free": false
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        "Regulated by the FCA and CySEC, with entities in Mauritius and New Zealand",
        "Orders go to the LMAX Exchange central limit order book with no last look rejections",
        "Tight variable spreads, around 0.1 pips on EUR/USD",
        "FIX and API connectivity alongside MT4, MT5 and its own web and mobile platform",
        "Weekend FX and crypto CFDs available"
      ],
      "cons": [
        "$10,000 minimum initial deposit",
        "Website is directed at professional clients and losses can exceed deposits",
        "Around 100 instruments, no stock CFDs",
        "No swap-free accounts, copy trading or cent accounts",
        "Reviewers report a platform fee of $300 a month"
      ],
      "review_sources": [
        {
          "source": "trustpilot",
          "rating": 2.2,
          "scale": 5,
          "count": 18,
          "url": "https://www.trustpilot.com/review/lmax.com",
          "checked_on": "2026-10-06"
        },
        {
          "source": "forexpeacearmy",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.forexpeacearmy.com/forex-reviews/7736/lmax-forex-brokers",
          "checked_on": "2026-10-06"
        },
        {
          "source": "myfxbook",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.myfxbook.com/reviews/brokers/lmax/253963,1",
          "checked_on": "2026-10-06"
        }
      ],
      "review_summary_json": {
        "content": [
          {
            "content": [
              {
                "text": "LMAX Global has very little public review evidence, which fits a broker aimed mainly at professional and institutional clients with a $10,000 minimum. Its Trustpilot page (listed as LMAX Exchange on lmax.com) shows 2.2 from only 18 reviews, as BrokersView reported in June 2026. Forex Peace Army and Myfxbook have review pages with a mix of strong praise and strong complaints, but no score in our evidence. Treat the picture as thin.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "What traders like",
                "type": "text"
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          },
          {
            "content": [
              {
                "content": [
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                    "content": [
                      {
                        "marks": [
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                        ],
                        "text": "Execution and pricing.",
                        "type": "text"
                      },
                      {
                        "text": " Reviewers on Trustpilot, Forex Peace Army and Myfxbook praise fast fills, deep liquidity and tight spreads, and some say the plain platform is fine because execution is what matters.",
                        "type": "text"
                      }
                    ],
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              {
                "content": [
                  {
                    "content": [
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                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Long-term reliability.",
                        "type": "text"
                      },
                      {
                        "text": " A few long-standing clients on Forex Peace Army say they have traded with LMAX for years without problems and found withdrawals quick.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              }
            ],
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            },
            "content": [
              {
                "text": "Common complaints",
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            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Withdrawals stalled by compliance checks.",
                        "type": "text"
                      },
                      {
                        "text": " The most serious reviews on Trustpilot and Forex Peace Army say withdrawals were held while LMAX questioned the source or ownership of funds. One reviewer, a broker using LMAX as its liquidity provider, says LMAX never replied about releasing funds.",
                        "type": "text"
                      }
                    ],
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                  }
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                        ],
                        "text": "Swap costs.",
                        "type": "text"
                      },
                      {
                        "text": " Several reviewers, including some who are otherwise happy, say overnight swap charges are far higher than at other brokers.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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                ],
                "type": "listItem"
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Leverage expectations.",
                        "type": "text"
                      },
                      {
                        "text": " One Forex Peace Army reviewer says they were offered 1:30 leverage after expecting the higher figure seen in third-party marketing.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
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              {
                "content": [
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                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
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                        ],
                        "text": "Execution doubts.",
                        "type": "text"
                      },
                      {
                        "text": " A few older Myfxbook reviews say spreads widened sharply around news.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              }
            ],
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            "content": [
              {
                "text": "Recently",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "No dated reviews from the last 90 days in our evidence.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.trustpilot.com/review/lmax.com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the lmax.com page, a very small sample.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.forexpeacearmy.com/forex-reviews/7736/lmax-forex-brokers",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews going back several years.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Myfxbook",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews.",
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                      }
                    ],
                    "type": "paragraph"
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      "seo_title": "LMAX Global review: regulation, fees and platforms",
      "seo_description": "LMAX Global review: FCA and CySEC regulated, $10,000 minimum deposit, exchange order book pricing, MT4, MT5, FIX API, forex, metals, indices and crypto CFDs.",
      "logo": "/logos/brokers/lmax-global.png"
    },
    {
      "slug": "tmgm",
      "name": "TMGM",
      "tagline": "Australian CFD broker on MT4 and MT5 with raw-spread and no-commission accounts",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "TMGM, short for Trademax Global Markets, is an Australian forex and CFD broker that's been around since 2013. It's a fit for MetaTrader traders who want low entry costs and a choice between raw spreads and all-in pricing. The Australian entity holds an ASIC licence, while most international clients are served by offshore entities regulated in Seychelles, Vanuatu and Mauritius. It doesn't take US residents.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Accounts and costs",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "There are two live accounts, both starting at $100. Edge gives you raw spreads from 0.0 pips with a $7 commission per round-turn lot, which suits scalpers and busier traders. Classic has no commission and spreads from 1.0 pips, so costs are simpler but higher per trade. Leverage on the international entities goes up to 1:1000, though TMGM cuts gold and oil leverage an hour before the Friday close. A swap-free version is available, and there's a demo account to try things first. Reviewers mention a $30 monthly inactivity fee after six months of no trading.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Platforms and markets",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "MT4 and MT5 are the main platforms, on desktop, web and mobile. There's also the TMGM app with TradingView-powered charts, and some reviewers point to the IRESS platform for share trading. TMGM says it offers over 12,000 instruments, covering forex, indices, commodities, metals, energies, shares and crypto, all as CFDs.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Money in and out",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "You can fund with bank wire, Visa or Mastercard, Skrill, Neteller, USDT and USDC, Wise, Revolut and a set of regional options like UnionPay and FasaPay. TMGM doesn't charge deposit or withdrawal fees, but banks in the middle of a wire can. Withdrawal routes are fewer than deposit ones, and the payment account has to be in your own name.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          }
        ],
        "type": "doc"
      },
      "website_url": "https://www.tmgm.com",
      "founded_year": 2013,
      "headquarters": "Sydney, Australia",
      "brand_color": "#001489",
      "primary_category": "cfd",
      "categories": [
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      ],
      "markets": [
        "forex",
        "indices",
        "commodities",
        "stocks",
        "crypto"
      ],
      "regulators": [
        {
          "regulator": "asic",
          "entity": "Trademax Australia Limited",
          "licence": "AFSL 436416"
        },
        {
          "regulator": "fsa_seychelles",
          "entity": "Trademax Global Markets (SE) Limited",
          "licence": "SD224"
        },
        {
          "regulator": "vfsc",
          "entity": "Trademax Global Limited",
          "licence": "40356"
        },
        {
          "regulator": "fsc_mauritius",
          "entity": "Trademax Global Markets (International) Pty Ltd",
          "licence": "GB22201012"
        },
        {
          "regulator": "fma",
          "entity": "",
          "licence": ""
        }
      ],
      "platforms": [
        "mt4",
        "mt5",
        "proprietary"
      ],
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        {
          "name": "Edge",
          "min_deposit": 100,
          "currency": "USD",
          "pricing": "Raw spreads from 0.0 pips plus $7 commission per round-turn lot",
          "max_leverage": "Up to 1:1000 (international entities)"
        },
        {
          "name": "Classic",
          "min_deposit": 100,
          "currency": "USD",
          "pricing": "No commission, spreads from 1.0 pips",
          "max_leverage": "Up to 1:1000 (international entities)"
        }
      ],
      "min_deposit": 100,
      "min_deposit_currency": "USD",
      "payment_methods": [
        "bank",
        "card",
        "skrill",
        "neteller",
        "crypto",
        "wise",
        "local"
      ],
      "features": {
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        "segregated_funds": true,
        "swap_free": true
      },
      "investor_protection": "",
      "restricted_countries": [
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      ],
      "pros": [
        "ASIC-licensed Australian entity alongside its international ones",
        "$100 minimum on both live accounts",
        "Edge account pairs raw spreads with a $7 round-turn commission",
        "No TMGM fees on deposits or withdrawals, with cards, e-wallets and crypto",
        "Swap-free account available"
      ],
      "cons": [
        "Most international clients sit under offshore regulators in Seychelles, Vanuatu or Mauritius",
        "Classic spreads from 1.0 pips are wider than raw-spread rivals",
        "Monthly inactivity fee after six months without trading",
        "Not available to US residents"
      ],
      "review_sources": [
        {
          "source": "trustpilot",
          "rating": 3.9,
          "scale": 5,
          "count": 970,
          "url": "https://www.trustpilot.com/review/tmgm.com",
          "checked_on": "2026-10-06"
        },
        {
          "source": "forexpeacearmy",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.forexpeacearmy.com/forex-reviews/16038/tmgm-forex-brokers",
          "checked_on": "2026-10-06"
        },
        {
          "source": "myfxbook",
          "rating": 4,
          "scale": 5,
          "count": null,
          "url": "https://www.myfxbook.com/reviews/brokers/tmgm/1576894,1",
          "checked_on": "2026-10-06"
        },
        {
          "source": "other",
          "label": "TrustFinance",
          "rating": 4.7,
          "scale": 5,
          "count": 277,
          "url": "https://www.trustfinance.com/companies/tmgm",
          "checked_on": "2026-10-06"
        },
        {
          "source": "sitejabber",
          "rating": 1,
          "scale": 5,
          "count": 1,
          "url": "https://www.sitejabber.com/reviews/tmgm.com",
          "checked_on": "2026-10-06"
        },
        {
          "source": "reddit",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.reddit.com/search/?q=tmgm",
          "checked_on": "2026-10-06"
        }
      ],
      "review_summary_json": {
        "content": [
          {
            "content": [
              {
                "text": "TMGM's reviews split in two. Trustpilot shows 4 stars from about 970 reviews, and comparison sites put the TrustScore at 3.9. Myfxbook rates it 4 and TrustFinance users give 4.7 from about 280. Forex Peace Army is far harsher: one comparison site quotes about 1.5 there, though the bundle does not show FPA's own number. Sitejabber has a single 1-star review. Positive reviews are about spreads and support. The negative ones are mostly about withdrawals and profits taken back.",
                "type": "text"
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                "text": "What traders like",
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            "content": [
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                "content": [
                  {
                    "content": [
                      {
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                        "text": "Spreads and execution.",
                        "type": "text"
                      },
                      {
                        "text": " Many Trustpilot and Myfxbook reviewers report tight spreads, low commissions and stable MT4 and MT5 fills.",
                        "type": "text"
                      }
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                        "text": "Named support staff.",
                        "type": "text"
                      },
                      {
                        "text": " Recent Trustpilot reviews often thank individual account managers for fixing payment or account problems.",
                        "type": "text"
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                        "text": "Extras.",
                        "type": "text"
                      },
                      {
                        "text": " Some like the loyalty points scheme, copy trading and support in several languages, including Chinese.",
                        "type": "text"
                      }
                    ],
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                ],
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              }
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            "attrs": {
              "level": 2
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            "content": [
              {
                "text": "Common complaints",
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                "content": [
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                        "text": "Withdrawals held or cancelled.",
                        "type": "text"
                      },
                      {
                        "text": " This is the biggest theme on Forex Peace Army, Trustpilot and WikiFX. Reviewers describe withdrawals pending for days or weeks, or cancelled after approval. BrokerChooser's summary of forum posts from May to August 2026 also names withdrawal delays as the main complaint.",
                        "type": "text"
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                        "text": "Profits removed.",
                        "type": "text"
                      },
                      {
                        "text": " Several traders say their accounts were set to close-only or their profits voided over market abuse or terms breaches, including some who only copy-traded. TMGM's replies cite its client agreement.",
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                    "content": [
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                        "text": "Extra ID checks.",
                        "type": "text"
                      },
                      {
                        "text": " Some describe new identity and anti-money-laundering requests coming after a profitable run.",
                        "type": "text"
                      }
                    ],
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                        "text": "Costs.",
                        "type": "text"
                      },
                      {
                        "text": " A few mention expensive swaps and slippage.",
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                      }
                    ],
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                ],
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              },
              {
                "content": [
                  {
                    "content": [
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                        "text": "Impostor sites.",
                        "type": "text"
                      },
                      {
                        "text": " Reddit users warn of lookalike TMGM domains.",
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            "attrs": {
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                "text": "Recently",
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                          }
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                        "text": "July 2026:",
                        "type": "text"
                      },
                      {
                        "text": " Trustpilot reviewers describe a withdrawal held for four days, and a copy-trade account whose balance was voided as a terms breach, which the reviewer disputes.",
                        "type": "text"
                      }
                    ],
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                  }
                ],
                "type": "listItem"
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                    "content": [
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                        "text": "May to August 2026:",
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                        "text": " BrokerChooser's roundup of public comments lists withdrawal delays, account locks and profit removals as the most repeated complaints.",
                        "type": "text"
                      }
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                ],
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            "type": "bulletList"
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            "attrs": {
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            "content": [
              {
                "text": "Where this comes from",
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                              "rel": "noopener noreferrer nofollow",
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                          }
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                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the main review page.",
                        "type": "text"
                      }
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                "content": [
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                        "marks": [
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                            "attrs": {
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": reviews and complaint threads.",
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                            },
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                          }
                        ],
                        "text": "Myfxbook",
                        "type": "text"
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                      {
                        "text": ": trader reviews.",
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                        "marks": [
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "TrustFinance",
                        "type": "text"
                      },
                      {
                        "text": ": user reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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              },
              {
                "content": [
                  {
                    "content": [
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                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.sitejabber.com/reviews/tmgm.com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Sitejabber",
                        "type": "text"
                      },
                      {
                        "text": ": a single review.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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              },
              {
                "content": [
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                            },
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                          }
                        ],
                        "text": "Reddit search",
                        "type": "text"
                      },
                      {
                        "text": ": forum threads, including warnings about impostor sites.",
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                      }
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                    "type": "paragraph"
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              }
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      "seo_title": "TMGM review: regulation, fees and platforms",
      "seo_description": "TMGM review: ASIC, FSA Seychelles, VFSC and FSC Mauritius regulated, $100 minimum deposit, Edge and Classic accounts on MT4 and MT5 for forex and CFDs.",
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    {
      "slug": "alpari",
      "name": "Alpari",
      "tagline": "Long-running offshore MT4 and MT5 broker with cent accounts and leverage up to 1:3000",
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          {
            "content": [
              {
                "text": "Alpari is one of the old names in retail forex, around since 1998 and now running as an offshore MT4 and MT5 broker. Its only current licence is from the Mwali International Services Authority in Comoros, held by Parlance Trading Ltd, so there's no top-tier regulator and no compensation scheme behind it. It suits traders outside the big regulated markets who want cheap ECN pricing and high leverage, and who accept the offshore risk. It doesn't take clients from the US, UK, EU, Canada, Japan or India.",
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            "content": [
              {
                "text": "Accounts and costs",
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          {
            "content": [
              {
                "text": "There are four live accounts. Micro is a cent account on MT4 from $30, with spreads from 1.5 pips. Standard starts at $100 with spreads from 1.2 pips and no commission. ECN needs $300 and quotes from 0.8 pips, still commission-free. Pro ECN needs $500 and goes from 0.0 pips with a $2.50 per lot commission on forex. Leverage runs up to 1:3000 on the ECN accounts, though it drops to 1:200 around major news and before weekend closes. Swap-free versions are available, and there's a welcome bonus and a rewards scheme.",
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            "content": [
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                "text": "Platforms and markets",
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          {
            "content": [
              {
                "text": "You trade on MT4, MT5 or Alpari's own app. There's no TradingView or cTrader. The list is about 750 CFDs: forex, metals, indices, commodities, crypto, and on MT5 stock and ETF CFDs. PAMM accounts let you put money with other traders instead of trading yourself.",
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            "content": [
              {
                "text": "Money in and out",
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          {
            "content": [
              {
                "text": "Deposits and withdrawals go through cards, bank wire, e-wallets like Skrill and Neteller, crypto and local methods, with fees varying by method. Payouts go back to the source you paid in from, in your own name. If you withdraw without having traded, Alpari can charge you the bank fees or 3% of the amount.",
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          "entity": "Parlance Trading Ltd",
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          "max_leverage": "1:1000"
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          "name": "ECN",
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        "AZ",
        "BE",
        "BG",
        "CA",
        "CU",
        "CY",
        "CZ",
        "DE",
        "DK",
        "EE",
        "ES",
        "FI",
        "FR",
        "GB",
        "GR",
        "HR",
        "HU",
        "IE",
        "IN",
        "IT",
        "JP",
        "KP",
        "LT",
        "LU",
        "LV",
        "MM",
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        "PL",
        "PT",
        "RO",
        "SD",
        "SE",
        "SI",
        "SK",
        "SY",
        "US"
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      "pros": [
        "Trading since 1998, with over a million clients",
        "Four live accounts from a $30 cent account up to raw-spread Pro ECN",
        "Pro ECN from 0.0 pips with a $2.50 per lot forex commission",
        "MT4, MT5 and its own app, plus PAMM investing",
        "Dynamic margin cuts leverage around big news and weekend closes"
      ],
      "cons": [
        "Only offshore regulation, from Comoros",
        "No investor compensation scheme",
        "Leverage up to 1:3000 is extreme",
        "Not available in the US, UK, EU, Canada, Japan or India",
        "No TradingView or cTrader",
        "Withdrawals after no trading can cost 3% or the bank fees"
      ],
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          "url": "https://www.trustpilot.com/review/alpari.com",
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        {
          "source": "forexpeacearmy",
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          "scale": null,
          "count": null,
          "url": "https://www.forexpeacearmy.com/forex-reviews/6681/alpari-forex-brokers",
          "checked_on": "2026-10-06"
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        {
          "source": "myfxbook",
          "label": "Myfxbook (Alpari INT)",
          "rating": 3.4,
          "scale": 5,
          "count": 13,
          "url": "https://www.myfxbook.com/reviews/brokers/alpari-int/1044057,1",
          "checked_on": "2026-10-06"
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        {
          "source": "myfxbook",
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          "url": "https://www.myfxbook.com/reviews/brokers/alpari/787219,1",
          "checked_on": "2026-10-06"
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        {
          "source": "reddit",
          "rating": null,
          "scale": null,
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          "url": "https://www.reddit.com/r/scambrokerreview/comments/1o63cap/is_alpari_a_scam_broker/",
          "checked_on": "2026-10-06"
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          {
            "content": [
              {
                "text": "Trader opinion of Alpari is mixed and leans negative. Its Trustpilot page, about 200 reviews after several profiles were merged, showed a 4-star rating in 2025, but by August 2026 a review site reported that Trustpilot had suspended the profile's rating for a breach of its guidelines. On Myfxbook, the Alpari INT page scores 3.4 from 13 reviews. Forex Peace Army has an active page with many complaints but no score in our evidence.",
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                "text": "What traders like",
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                        "text": "Long history.",
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                      {
                        "text": " Several reviewers say they have used Alpari for three to five years or more without trouble.",
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                        "text": "MetaTrader and pricing.",
                        "type": "text"
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                      {
                        "text": " Positive reviews often mention a stable MT4 and MT5 setup and tight spreads on major pairs.",
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              {
                "content": [
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                        "text": "Crypto funding.",
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                      {
                        "text": " Some reviewers say stablecoin deposits and withdrawals are quick, sometimes within minutes.",
                        "type": "text"
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                        "text": "PAMM accounts.",
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                        "text": " A few investors in Alpari's PAMM accounts report no problems.",
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                        "text": "Withdrawals.",
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                        "text": " The most common complaint by far. Reviewers describe withdrawals stuck for weeks, a withdrawal button that disappeared, requests for extra deposits or documents before paying out, and in some regions crypto as the only working withdrawal route.",
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                        "text": "Bonus terms.",
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                        "text": " Several Trustpilot reviewers say deposit bonuses came with trading restrictions they did not expect, or that support described the bonus rules differently before and after a trade.",
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                        "text": "Execution and order handling.",
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                        "text": " Some traders allege heavy slippage, spread widening and orders being removed or closed without notice.",
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                        "text": " A repeated theme is support that sends the same reply each day without fixing the problem.",
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                        "text": "August 2026:",
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                        "text": " a review site reported that Trustpilot shows the Alpari profile as suspended, with no rating.",
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                        "text": "September 2026:",
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                      {
                        "text": " new Forex Peace Army reviews describe refused withdrawals, with Alpari replying that it does not do what was described. WikiFX, which collects complaints, rates the broker low on its own safety score, and BrokerChooser lists it as not a trusted provider.",
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            "content": [
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                "text": "Where this comes from",
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                        "text": "Trustpilot",
                        "type": "text"
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                      {
                        "text": ": the main page, with merged profiles.",
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                    "type": "paragraph"
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              {
                "content": [
                  {
                    "content": [
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                        "marks": [
                          {
                            "attrs": {
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                        "text": "Forex Peace Army",
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                      {
                        "text": ": trader reviews and complaints.",
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              {
                "content": [
                  {
                    "content": [
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                        "marks": [
                          {
                            "attrs": {
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Myfxbook (Alpari INT)",
                        "type": "text"
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                      {
                        "text": ": reviews from connected accounts.",
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                "content": [
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                    "content": [
                      {
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                          {
                            "attrs": {
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                        "text": "Myfxbook (Alpari)",
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                      {
                        "text": ": a second Myfxbook broker page.",
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              {
                "content": [
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                    "content": [
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                        "marks": [
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                        "text": "Reddit",
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                        "text": ": a thread asking whether Alpari is a scam.",
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      },
      "reviews_checked_on": "2026-10-06",
      "featured": false,
      "sort_order": 430,
      "seo_title": "Alpari review: regulation, fees and platforms",
      "seo_description": "Alpari: offshore forex and CFD broker licensed in Comoros (MISA), $30 minimum deposit, MT4 and MT5, 750+ CFDs, leverage up to 1:3000, no UK or EU clients.",
      "logo": "/logos/brokers/alpari.png"
    },
    {
      "slug": "trade-nation",
      "name": "Trade Nation",
      "tagline": "London CFD and spread betting broker known for fixed spreads and TradingView trading",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "Trade Nation is a London-based CFD and spread betting broker that started in 2014 as Core Spreads. Its hook is fixed spreads: on the popular markets you know your cost before you place the trade. It's a good fit for UK and Australian traders who want simple pricing and TradingView charts. It holds licences from the FCA in the UK, ASIC in Australia and the CMVM in Portugal for European clients, plus the FSCA in South Africa, the SCB in the Bahamas and the FSA in Seychelles.",
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            "content": [
              {
                "text": "Accounts and costs",
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            ],
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          },
          {
            "content": [
              {
                "text": "There's no minimum deposit, and the costs sit in the spread with no commission. On TN Trader, EUR/USD is quoted at a fixed 0.6 pips, UK 100 at 1 point and gold at 3 points during core hours, with a variable spread option on commodities. UK retail leverage is 30:1 on major pairs, 20:1 on gold, shares and indices, and 10:1 on other commodities, with negative balance protection on everything. Offshore entities go higher. There's no account or inactivity fee.",
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              }
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              "level": 2
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            "content": [
              {
                "text": "Platforms and markets",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "You get TN Trader on web and mobile, and you can link that account to TradingView and trade straight from the charts. MT4 is there too, with a TradeCopier app for copying strategies, but there's no MT5 or cTrader. The list runs to roughly 1,000 to 1,200 CFDs on forex, indices, commodities, shares and government bonds. Trade Nation is a market maker, so your orders are filled in-house.",
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              }
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            "attrs": {
              "level": 2
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            "content": [
              {
                "text": "Money in and out",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "You can fund by card or bank transfer, and BTC, Ethereum and USDT are also accepted. Some regions get local options like Instant EFT in South Africa. Trade Nation doesn't charge for deposits or withdrawals, and the smallest withdrawal is $50 or the equivalent.",
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              }
            ],
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          }
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      "website_url": "https://tradenation.com",
      "founded_year": 2014,
      "headquarters": "London, United Kingdom",
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      "primary_category": "cfd",
      "categories": [
        "cfd"
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      "markets": [
        "forex",
        "indices",
        "commodities",
        "stocks",
        "bonds"
      ],
      "regulators": [
        {
          "regulator": "fca",
          "entity": "Trade Nation Financial UK Ltd",
          "licence": "FRN 525164"
        },
        {
          "regulator": "asic",
          "entity": "Trade Nation Australia Pty Ltd",
          "licence": "AFSL 422661"
        },
        {
          "regulator": "other",
          "entity": "Trade Nation Europe Empresa de Investimento, S.A.",
          "licence": "601",
          "note": "CMVM (Portugal)"
        },
        {
          "regulator": "fsca",
          "entity": "Trade Nation Financial (Pty) Ltd",
          "licence": "49846"
        },
        {
          "regulator": "scb",
          "entity": "Trade Nation Ltd.",
          "licence": "SIA-F216"
        },
        {
          "regulator": "fsa_seychelles",
          "entity": "Trade Nation Financial Markets Ltd",
          "licence": "SD150"
        }
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        {
          "name": "TN Trader (CFD and UK spread betting)",
          "min_deposit": 0,
          "currency": "GBP",
          "pricing": "Fixed spreads, e.g. 0.6 pips on EUR/USD, no commission; variable spreads option on commodities",
          "max_leverage": "30:1 on major FX (UK retail)"
        },
        {
          "name": "MT4",
          "min_deposit": 0,
          "currency": "GBP",
          "pricing": "Spread only, no commission",
          "max_leverage": "30:1 on major FX (UK retail)"
        }
      ],
      "min_deposit": 0,
      "min_deposit_currency": "GBP",
      "payment_methods": [
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        "card",
        "crypto",
        "local"
      ],
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        "copy_trading": true,
        "demo_account": true,
        "negative_balance_protection": true
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      "investor_protection": "",
      "restricted_countries": [
        "BE",
        "US"
      ],
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        "Fixed spreads on popular markets, so you know the cost before you trade",
        "Regulated by the FCA, ASIC and Portugal's CMVM",
        "No minimum deposit and no deposit, withdrawal or inactivity fees",
        "Trade from TN Trader, TradingView or MT4",
        "Spread betting for UK clients"
      ],
      "cons": [
        "No MT5 or cTrader",
        "Around 1,000 to 1,200 instruments, fewer than the big multi-asset brokers",
        "Market maker model: orders are filled by Trade Nation itself",
        "Minimum withdrawal of $50 or 50 units of account currency"
      ],
      "review_sources": [
        {
          "source": "trustpilot",
          "rating": 4.4,
          "scale": 5,
          "count": 1970,
          "url": "https://www.trustpilot.com/review/tradenation.com",
          "checked_on": "2026-10-06"
        },
        {
          "source": "forexpeacearmy",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.forexpeacearmy.com/forex-reviews/18536/trade-nation-review",
          "checked_on": "2026-10-06"
        },
        {
          "source": "myfxbook",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.myfxbook.com/reviews/brokers/trade-nation/2925659,1",
          "checked_on": "2026-10-06"
        },
        {
          "source": "other",
          "label": "TradingView",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.tradingview.com/broker/TradeNation/reviews/",
          "checked_on": "2026-10-06"
        },
        {
          "source": "other",
          "label": "Reviews.io",
          "rating": 1.13,
          "scale": 5,
          "count": 167,
          "url": "https://www.reviews.io/company-reviews/store/tradenation-com",
          "checked_on": "2026-10-06"
        },
        {
          "source": "reddit",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.reddit.com/search/?q=trade+nation+broker",
          "checked_on": "2026-10-06"
        }
      ],
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        "content": [
          {
            "content": [
              {
                "text": "Trade Nation reviews well on the big platforms and badly on a few smaller ones. It holds 4.4 on Trustpilot from about 2,000 reviews, and its TradingView reviews are mostly positive. Reviews.io shows 1.1 from 167 reviews, though many of those read like posts from fund recovery services rather than clients. Forex Peace Army and Myfxbook have pages with a mix of reviews and no score in the evidence. Withdrawal delays are the complaint that comes up most.",
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              }
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          },
          {
            "attrs": {
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            },
            "content": [
              {
                "text": "What traders like",
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          {
            "content": [
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                        "text": "Support and account managers.",
                        "type": "text"
                      },
                      {
                        "text": " Trustpilot's own summary says reviewers consistently praise friendly, fast support, and many reviews name individual staff who helped with onboarding.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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                ],
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
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                          }
                        ],
                        "text": "Fixed spreads.",
                        "type": "text"
                      },
                      {
                        "text": " TradingView reviewers like that spreads stay fixed through news releases and that costs are all in the spread.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                          }
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                        "text": "TradingView integration.",
                        "type": "text"
                      },
                      {
                        "text": " A large share of reviews mention trading straight from TradingView charts, and a Myfxbook reviewer says spreads are best on Trade Nation's own platform.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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                ],
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              {
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                    "content": [
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                            "type": "bold"
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                        "text": "Easy sign-up.",
                        "type": "text"
                      },
                      {
                        "text": " Newer clients often say opening and funding an account was quick.",
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            "content": [
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                "text": "Common complaints",
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          {
            "content": [
              {
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                  {
                    "content": [
                      {
                        "marks": [
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                        "text": "Slow withdrawals.",
                        "type": "text"
                      },
                      {
                        "text": " Several reviewers on Trustpilot, Forex Peace Army and BrokersView describe withdrawals marked as approved that took weeks to arrive, with support pointing at the bank or payment provider. One BrokersView case was resolved after about two months.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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              {
                "content": [
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                    "content": [
                      {
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                        ],
                        "text": "Restricted accounts and voided profits.",
                        "type": "text"
                      },
                      {
                        "text": " A few reviewers, mostly with the offshore Seychelles or Bahamas entities, say accounts were restricted or profits cancelled. WikiFX also lists a complaint about a bonus that required a further deposit before withdrawal.",
                        "type": "text"
                      }
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                    "type": "paragraph"
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                "content": [
                  {
                    "content": [
                      {
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                        "text": "Platform issues.",
                        "type": "text"
                      },
                      {
                        "text": " Some mention outages, a delay on TradingView prices, and trouble linking MetaTrader 4.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Clone sites.",
                        "type": "text"
                      },
                      {
                        "text": " Lookalike domains flagged by regulators get mixed in with real complaints, which DayTrading.com warns about.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
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            ],
            "type": "bulletList"
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            "content": [
              {
                "text": "Recently",
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            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "July to August 2026:",
                        "type": "text"
                      },
                      {
                        "text": " BrokerChooser's July summary of public opinion lists support as the most praised theme and withdrawal delays as the most common complaint. WikiFX published a July article collecting complaints about cancelled profits and bonus terms. Trustpilot reviews from August lean positive, praising quick withdrawals and support.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
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            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                              "href": "https://www.trustpilot.com/review/tradenation.com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the main review page.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "TradingView",
                        "type": "text"
                      },
                      {
                        "text": ": verified customer reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                              "href": "https://www.forexpeacearmy.com/forex-reviews/18536/trade-nation-review",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": reviews and withdrawal threads.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.myfxbook.com/reviews/brokers/trade-nation/2925659,1",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Myfxbook",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.reviews.io/company-reviews/store/tradenation-com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reviews.io",
                        "type": "text"
                      },
                      {
                        "text": ": customer reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                            "attrs": {
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit search",
                        "type": "text"
                      },
                      {
                        "text": ": a handful of older threads.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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                ],
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              }
            ],
            "type": "bulletList"
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      "sort_order": 440,
      "seo_title": "Trade Nation review: regulation, fees and platforms",
      "seo_description": "Trade Nation review: FCA, ASIC and CMVM regulated, no minimum deposit, fixed spreads on TN Trader, TradingView and MT4, CFDs on forex, indices and shares.",
      "logo": "/logos/brokers/trade-nation.png"
    },
    {
      "slug": "skilling",
      "name": "Skilling",
      "tagline": "Scandinavian-owned CFD broker with its own platform plus cTrader, MT4 and TradingView",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "Skilling is a Scandinavian-owned CFD broker set up in 2016 and run out of Cyprus. It's a good fit for beginners and casual forex traders who want a tidy app but still like having cTrader or MetaTrader on hand. EU clients are served by Skilling Ltd, licensed by CySEC under 357/18, while most clients elsewhere end up with Skilling (Seychelles) Ltd under the FSA in Seychelles, which offers less protection.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Accounts and costs",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "The ",
                "type": "text"
              },
              {
                "marks": [
                  {
                    "type": "bold"
                  }
                ],
                "text": "Standard",
                "type": "text"
              },
              {
                "text": " account opens from €100, charges no commission and has EUR/USD spreads from roughly 0.7 to 0.8 pips. ",
                "type": "text"
              },
              {
                "marks": [
                  {
                    "type": "bold"
                  }
                ],
                "text": "Premium",
                "type": "text"
              },
              {
                "text": " needs €5,000 and swaps that for spreads from 0.1 pips plus $35 to $40 commission per million traded, which suits busier traders. EU retail clients are capped at 1:30 leverage on major forex, and the offshore entity allows a lot more. Keep an eye on the inactivity fee if you go quiet for a while.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Platforms and markets",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "You can trade on Skilling Trader, the broker's own web and mobile platform, or pick cTrader, MT4, MT5 or TradingView, all on one account. Copy trading is on offer too. The range runs to about 1,200 CFDs: 70+ forex pairs, hundreds of share CFDs, indices, commodities, crypto and a handful of ETFs like SPY and GDX.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Money in and out",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "Skilling doesn't charge for deposits, and you can pay by card, bank transfer, Skrill, Neteller, AstroPay and other local methods. Skrill and Neteller can carry a fee of up to 2.9%. You get one free withdrawal a day on most methods, but bank wires cost $15 for SEPA or $25 otherwise.",
                "type": "text"
              }
            ],
            "type": "paragraph"
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        ],
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      "website_url": "https://skilling.com",
      "founded_year": 2016,
      "headquarters": "Cyprus",
      "brand_color": "#ffffff",
      "primary_category": "cfd",
      "categories": [
        "cfd"
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      "markets": [
        "forex",
        "indices",
        "commodities",
        "stocks",
        "etfs",
        "crypto"
      ],
      "regulators": [
        {
          "regulator": "cysec",
          "entity": "Skilling Ltd",
          "licence": "357/18"
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        {
          "regulator": "fsa_seychelles",
          "entity": "Skilling (Seychelles) Ltd",
          "licence": "SD042"
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      ],
      "platforms": [
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        "mt5",
        "ctrader",
        "tradingview",
        "proprietary"
      ],
      "accounts": [
        {
          "name": "Standard",
          "min_deposit": 100,
          "currency": "EUR",
          "pricing": "No commission, spreads from about 0.7 to 0.8 pips on EUR/USD",
          "max_leverage": "1:30 (retail, EU); higher for non-EU clients"
        },
        {
          "name": "Premium",
          "min_deposit": 5000,
          "currency": "EUR",
          "pricing": "Spreads from 0.1 pips plus $35 to $40 commission per million traded",
          "max_leverage": "1:30 (retail, EU); higher for non-EU clients"
        }
      ],
      "min_deposit": 100,
      "min_deposit_currency": "EUR",
      "payment_methods": [
        "bank",
        "card",
        "skrill",
        "neteller",
        "local"
      ],
      "features": {
        "copy_trading": true,
        "demo_account": true,
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      "pros": [
        "CySEC-regulated entity for EU clients",
        "Five platforms: Skilling Trader, cTrader, MT4, MT5 and TradingView",
        "Commission-free Standard account from €100",
        "Copy trading available",
        "No deposit fees and one free withdrawal per day on most methods"
      ],
      "cons": [
        "Clients outside the EU sign up with the offshore Seychelles entity",
        "Premium account needs €5,000",
        "Bank wire withdrawals cost $15 (SEPA) or $25",
        "Skrill and Neteller can carry fees up to 2.9%, and there's an inactivity fee",
        "Only around 1,200 instruments"
      ],
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        {
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          "scale": 5,
          "count": 444,
          "url": "https://www.trustpilot.com/review/skilling.com",
          "checked_on": "2026-10-06"
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        {
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                "text": "Skilling has a small but mostly positive review footprint. It holds 4.0 on Trustpilot from about 440 reviews, and TradingView users who trade through it are largely happy. The negative side sits mainly on Forex Peace Army, where a handful of older reviews describe accounts frozen at withdrawal time. There is little Reddit discussion, so the picture rests on fewer voices than for bigger brokers.",
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                        "text": "Copy trading for beginners.",
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                        "text": "Spreads and lag.",
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                        "text": "Leverage settings.",
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                "text": "Where this comes from",
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                        "text": "Trustpilot",
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                        "text": "Forex Peace Army",
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                        "text": "TradingView",
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                        "text": "Myfxbook",
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                        "text": "Reviews.io",
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                "text": "Swissquote is the trading arm of a Swiss online bank listed on the SIX exchange, based in Gland. It suits traders who'd rather pay a bit more to keep their money with a regulated bank than chase the tightest spreads. The bank itself is licensed by FINMA, and there are group companies regulated by the FCA in the UK, CySEC in Cyprus, the CSSF in Luxembourg, the DFSA in Dubai, the SFC in Hong Kong, MAS in Singapore and the FSCA in South Africa. It doesn't serve US residents.",
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                "text": "1,000",
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                "text": " in USD, EUR, GBP or CHF and has spreads from 1.3 pips with no commission. Prime needs 5,000 and starts at 0.6 pips, and Elite needs 10,000 for raw spreads from 0.0 pips plus EUR 2.50 per side per lot. International clients start on a Standard account at $1,000 with spreads from 1.7 pips and leverage up to 1:100. UK retail leverage tops out at 1:30 on major pairs. There's an inactivity fee of 10 a month after six months of no trading, and no swap-free option.",
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                        "text": " Several Trustpilot reviewers say closing an account and getting the last funds out took weeks, and one says an account was blocked for two months without explanation.",
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                "content": [
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                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
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                        "text": "Slow compliance checks.",
                        "type": "text"
                      },
                      {
                        "text": " Reddit posters describe source-of-funds reviews lasting over a week without a reply, and EUR deposits bounced back.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Platform issues.",
                        "type": "text"
                      },
                      {
                        "text": " A few say MetaTrader 4 froze around news releases, and one Forex Peace Army reviewer says a stop was hit on a price other charts never showed.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
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              {
                "text": "Recently",
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            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "July to October 2026:",
                        "type": "text"
                      },
                      {
                        "text": " BrokerChooser's summary of forum opinion for this period says account opening, KYC checks, withdrawals and login problems drew the most negative comments.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
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                          }
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                        "text": "Early October 2026:",
                        "type": "text"
                      },
                      {
                        "text": " the newest Trustpilot reviews at collection included a frozen account and a drawn-out account closure.",
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                      }
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                    "type": "paragraph"
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            ],
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              "level": 2
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            "content": [
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                "text": "Where this comes from",
                "type": "text"
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            ],
            "type": "heading"
          },
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            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
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                          {
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                              "target": "_self"
                            },
                            "type": "link"
                          }
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                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the main review page.",
                        "type": "text"
                      }
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              {
                "content": [
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                          {
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews of the forex side.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Myfxbook",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "TradingView",
                        "type": "text"
                      },
                      {
                        "text": ": reviews from traders who connect an account.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.reddit.com/r/SwissPersonalFinance/search/?q=swissquote",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit",
                        "type": "text"
                      },
                      {
                        "text": ": discussions in r/SwissPersonalFinance.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
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                "type": "listItem"
              }
            ],
            "type": "bulletList"
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      "sort_order": 460,
      "seo_title": "Swissquote review: regulation, fees and platforms",
      "seo_description": "Swissquote review: FINMA-licensed Swiss bank, FCA and CySEC entities, $1,000 minimum deposit, CFXD, MT4, MT5 and TradingView, with forex, CFDs and bonds.",
      "logo": "/logos/brokers/swissquote.png"
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    {
      "slug": "interactive-brokers",
      "name": "Interactive Brokers",
      "tagline": "Low-cost global broker with access to stocks, options, futures and FX on 160+ markets",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "Interactive Brokers, or IBKR, is the broker people graduate to when they want everything in one account: stocks, options, futures, forex, bonds and funds across more than 160 markets. It's been around since 1978 and suits active traders and long-term investors who don't mind a busy interface. Interactive Brokers LLC is regulated in the US by the SEC, FINRA, the CFTC and the NFA, with separate entities under the FCA in the UK, ASIC in Australia, the SFC in Hong Kong and MAS in Singapore.",
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            "content": [
              {
                "text": "Accounts and costs",
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          {
            "content": [
              {
                "text": "There's no minimum to open a cash account, though a margin account needs $2,000. ",
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              },
              {
                "marks": [
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                "text": "IBKR Lite",
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              {
                "text": " gives US clients $0 commissions on US-listed stocks and ETFs. ",
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                "text": "IBKR Pro",
                "type": "text"
              },
              {
                "text": " charges fixed or tiered commissions, with US shares from $0.005 each and a minimum per order. Margin loans start around 4.38% and uninvested USD cash earns interest. Forex leverage tops out around 1:50 depending on the entity. Fractional shares and retirement accounts like IRAs and UK SIPPs are available.",
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                "text": "Trader Workstation",
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                "text": " is the flagship desktop platform, packed with scanners, market depth and SmartRouting, but it takes time to learn. Client Portal, IBKR Desktop and IBKR Mobile are the lighter options. You can also trade from TradingView or build your own tools on the IBKR APIs. There's free paper trading to practise. Crypto and CFDs are offered too, depending on where you live.",
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              {
                "text": "Funding is by bank wire, ACH or other local bank transfers, and IBKR doesn't charge for deposits. Card deposits aren't accepted and cash is refused. Your first withdrawal each month is free, with a fee after that, around $10 for USD. Withdrawals usually go back the same way the money came in.",
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        "Low margin rates and interest paid on uninvested cash",
        "Trader Workstation, APIs and a TradingView connection for active traders",
        "Regulated in the US, UK, Australia, Hong Kong and Singapore"
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        "Trader Workstation has a steep learning curve",
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              {
                "text": "Interactive Brokers gets two very different reviews depending on where you look. On Trustpilot it holds 3.2 from about 5,400 reviews, and the small Sitejabber page shows 1.8 from 8. Reddit, where many active traders discuss it, is far kinder about the product itself. The pattern across sites is consistent: people like the prices and market access and dislike the support and the compliance holds on their money.",
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                        "text": "Low costs.",
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                        "text": "Market access.",
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                        "text": " Many say no other broker gives them as many exchanges and products from one account, which matters most to traders outside the US.",
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                        "text": "Trust in the firm.",
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                        "text": " Several Reddit users point to IBKR being listed, long established and heavily regulated, and say they would rather put up with the interface than use a smaller broker.",
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                        "text": "Tools for advanced traders.",
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                        "text": " Options and futures traders praise TWS and the API.",
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                        "text": "Withdrawals and frozen accounts.",
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                        "text": " Several reviewers on Reddit, BBB and Forex Peace Army describe withdrawals stuck under review, wires rejected without a clear reason, or accounts restricted for months. Bogleheads users say deposits can only be withdrawn to the originating bank for a period after deposit.",
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                        "text": "Account opening.",
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                        "text": " Some new clients, especially in Europe, say they could not get into their account after funding it.",
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                "content": [
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                        "text": "July 2026:",
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                      {
                        "text": " recent Trustpilot reviews were dominated by customer service complaints, and IBKR expanded its crypto offering on 14 July. No other dated reviews from the last 90 days are in the evidence.",
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            "content": [
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                "text": "Where this comes from",
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                        "text": "Trustpilot",
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                        "text": ": IBKR's main review page.",
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                        "text": "Forex Peace Army",
                        "type": "text"
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                      {
                        "text": ": trader reviews.",
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              {
                "content": [
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                        "text": "Sitejabber",
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                        "text": ": a handful of customer reviews.",
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                        "text": "Myfxbook",
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                        "text": ": trader reviews.",
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                        "text": "TradingView",
                        "type": "text"
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                        "text": ": reviews from verified TradingView users.",
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                            "type": "link"
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                        "text": "ConsumerAffairs",
                        "type": "text"
                      },
                      {
                        "text": ": US customer reviews.",
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
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                            "type": "link"
                          }
                        ],
                        "text": "BBB complaints",
                        "type": "text"
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                      {
                        "text": ": formal complaints, including frozen accounts.",
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                "content": [
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                            },
                            "type": "link"
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                        "text": "Reddit",
                        "type": "text"
                      },
                      {
                        "text": ": long-term users describing their experience.",
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      "seo_title": "Interactive Brokers review: regulation, fees and platforms",
      "seo_description": "Interactive Brokers review: SEC, FINRA, FCA, ASIC and MAS regulated. $0 minimum, IBKR Lite and Pro pricing, TWS and TradingView, stocks, options and futures.",
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    {
      "slug": "saxo",
      "name": "Saxo",
      "tagline": "Danish bank and multi-asset broker with 70,000+ instruments on its own SaxoTrader platform",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "Saxo is a Danish bank and one of the broadest multi-asset brokers around. It suits investors and active traders who want real stocks, bonds and funds next to options, futures, forex and CFDs, all in one account. The parent, Saxo Bank A/S, holds a Danish banking licence, and there are regulated arms in the UK (FCA), Switzerland (FINMA), Italy (CONSOB), Singapore (MAS), Australia (ASIC), Hong Kong (SFC) and Japan. Cash deposits are covered by the Danish Guarantee Fund up to EUR 100,000. It doesn't take US clients.",
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            "attrs": {
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            "content": [
              {
                "text": "Accounts and costs",
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            "content": [
              {
                "text": "Everyone starts on ",
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              },
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                "marks": [
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                    "type": "bold"
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                "text": "Classic",
                "type": "text"
              },
              {
                "text": ", which has no minimum deposit. Forex is commission-free with EUR/USD around 1 pip, US stocks cost 0.08% with a $1 minimum, options are $2 a contract and futures $3. Deposit EUR 200,000 or trade enough and you move to ",
                "type": "text"
              },
              {
                "marks": [
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                ],
                "text": "Platinum",
                "type": "text"
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              {
                "text": ", and at EUR 1,000,000 you reach ",
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                ],
                "text": "VIP",
                "type": "text"
              },
              {
                "text": ", each with lower prices. Watch for a custody fee of around 0.15% a year on stocks, ETFs and bonds, a currency conversion markup and a small ticket fee on forex trades under EUR 50,000. UK clients can also open an ISA or SIPP.",
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                "text": "Platforms and markets",
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          {
            "content": [
              {
                "text": "Saxo runs its own platforms: SaxoInvestor for simple investing and SaxoTrader for margin trading and the full product list. You can also connect TradingView or MultiCharts, or build on OpenAPI and FIX API. There's no MT4 or MT5. The range is over 70,000 instruments across stocks, ETFs, bonds, mutual funds, listed options, futures, forex and thousands of CFDs. A 20-day demo is available.",
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            "type": "paragraph"
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            "content": [
              {
                "text": "Money in and out",
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            "type": "heading"
          },
          {
            "content": [
              {
                "text": "Saxo doesn't charge for bank transfer deposits or withdrawals, though other banks along the route might. Withdrawals usually take one to two business days to process and go only to accounts in your own name.",
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      "website_url": "https://www.home.saxo",
      "founded_year": 1992,
      "headquarters": "Copenhagen, Denmark",
      "brand_color": "#f4f4f4",
      "primary_category": "stocks",
      "categories": [
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        "options",
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      "markets": [
        "forex",
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        "commodities",
        "stocks",
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        "options",
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        "bonds"
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      "regulators": [
        {
          "regulator": "other",
          "entity": "Saxo Bank A/S",
          "licence": "",
          "note": "Danish banking licence"
        },
        {
          "regulator": "fca",
          "entity": "Saxo Capital Markets UK Limited",
          "licence": "551422"
        },
        {
          "regulator": "finma",
          "entity": "Saxo Bank (Switzerland) Ltd.",
          "licence": ""
        },
        {
          "regulator": "consob",
          "entity": "",
          "licence": "296"
        },
        {
          "regulator": "mas",
          "entity": "Saxo Capital Markets Pte. Ltd.",
          "licence": "CMS100131"
        },
        {
          "regulator": "asic",
          "entity": "Saxo Capital Markets Australia Pty Ltd",
          "licence": "AFSL 280372"
        },
        {
          "regulator": "sfc",
          "entity": "Saxo Capital Markets Hong Kong Ltd",
          "licence": "CE AVD061"
        },
        {
          "regulator": "jfsa",
          "entity": "Saxo Bank Securities Ltd.",
          "licence": ""
        }
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          "min_deposit": 0,
          "currency": "EUR",
          "pricing": "EUR/USD from about 1.0 pip with no FX commission; US stocks 0.08% (min $1); options $2 and futures $3 per contract",
          "max_leverage": ""
        },
        {
          "name": "Platinum",
          "min_deposit": 200000,
          "currency": "EUR",
          "pricing": "Lower spreads and commissions than Classic",
          "max_leverage": ""
        },
        {
          "name": "VIP",
          "min_deposit": 1000000,
          "currency": "EUR",
          "pricing": "Lowest commission tier with preferential service",
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        }
      ],
      "min_deposit": 0,
      "min_deposit_currency": "EUR",
      "payment_methods": [
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      ],
      "features": {
        "api_trading": true,
        "demo_account": true,
        "isa_or_tax_wrappers": true
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      "investor_protection": "Danish Guarantee Fund covers deposits up to EUR 100,000; client securities are held separately from the bank",
      "restricted_countries": [
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      ],
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        "Licensed bank in Denmark and Switzerland with regulated entities in the UK, Singapore, Australia, Hong Kong and Japan",
        "Huge range: stocks, ETFs, bonds, funds, options, futures, forex and CFDs from one account",
        "No minimum deposit on the Classic tier",
        "SaxoTrader and SaxoInvestor platforms plus TradingView, OpenAPI and FIX API",
        "ISA and SIPP accounts for UK clients"
      ],
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        "No MetaTrader or cTrader",
        "Custody fee on stock, ETF and bond holdings",
        "Fixed ticket fee on small forex trades",
        "Best pricing needs EUR 200,000 or more",
        "Not available to US residents"
      ],
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          "source": "trustpilot",
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          "source": "trustpilot",
          "label": "Trustpilot (Saxo Nederland)",
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          "source": "trustpilot",
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          "source": "trustpilot",
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          "source": "trustpilot",
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          "source": "other",
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          "count": 1698,
          "url": "https://www.tradingview.com/broker/Saxo/reviews/",
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          "source": "forexpeacearmy",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.forexpeacearmy.com/forex-reviews/149/saxo-bank-review",
          "checked_on": "2026-10-06"
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        {
          "source": "myfxbook",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.myfxbook.com/reviews/brokers/saxo-group/139,1",
          "checked_on": "2026-10-06"
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          "source": "reddit",
          "rating": null,
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            "content": [
              {
                "text": "Saxo's reviews are middling overall and better in its home markets. The group Trustpilot page sits at 3.6 from about 8,900 reviews, while the regional pages for the Nordics, Belgium, the UK and Switzerland each show 4 stars. On TradingView it is rated 3.5 from about 1,700 ratings, according to Compare Forex Brokers in September 2026. Forex Peace Army and Myfxbook have long-running pages without a score in our evidence. Reviewers like the product range and platform; the complaints are mostly about fees, compliance holds and support.",
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                "text": "What traders like",
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                        "text": "Breadth of products.",
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                        "text": " Many reviewers, especially in the Nordics and on Reddit, value access to stocks, ETFs, bonds, options, futures and forex in one account.",
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                        "text": "The platform.",
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                        "text": " SaxoTraderGO and SaxoTraderPRO get frequent praise for their design, and some Reddit users prefer them to Interactive Brokers.",
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                        "text": "Safety.",
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                        "text": " European investors on Reddit often mention that Saxo is a regulated bank, designated systemically important in Denmark.",
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                        "text": ", noted by Belgian and Swiss investors who came back.",
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              {
                "content": [
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                        "text": "Friendly support",
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                        "text": " that some Trustpilot reviewers credit by name.",
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                        "text": "Fees.",
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                        "text": " Many low Trustpilot reviews mention hidden or high charges, transfer-out fees and currency conversion costs.",
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                        "text": "Compliance holds.",
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                      },
                      {
                        "text": " Several reviewers on Reddit, Trustpilot and Globegain's roundup describe accounts blocked for due diligence, tight document deadlines and withdrawals held until extra checks were done.",
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                "content": [
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                    "content": [
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                        "text": "Withdrawal route rules.",
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                      },
                      {
                        "text": " Some Forex Peace Army posters say withdrawals failed because funds must go back to the deposit source, which caused trouble for those who funded through Wise or other services.",
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              {
                "content": [
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                    "content": [
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                        "text": "Slow or uneven support",
                        "type": "text"
                      },
                      {
                        "text": ", and positions closed without notice, come up in older Reddit and Forex Peace Army threads.",
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            "content": [
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                "text": "Recently",
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          {
            "content": [
              {
                "content": [
                  {
                    "content": [
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                        "text": "July to September 2026:",
                        "type": "text"
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                      {
                        "text": " Trustpilot's own summary flags payment and hidden-charge complaints; Saxo Nederland reviewers note it no longer serves Canadian clients; Globegain's August roundup puts compliance restrictions among the most serious complaints.",
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            "content": [
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                "text": "Where this comes from",
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              {
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                  {
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                              "target": "_self"
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                            "type": "link"
                          }
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                        "text": "Trustpilot",
                        "type": "text"
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                      {
                        "text": ": the group page, the largest pool.",
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              {
                "content": [
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                    "content": [
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                        "marks": [
                          {
                            "attrs": {
                              "class": null,
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                              "target": "_self"
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                        ],
                        "text": "Trustpilot regional pages",
                        "type": "text"
                      },
                      {
                        "text": ": Nordics, Nederland, Belgium, UK and Switzerland.",
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              {
                "content": [
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                              "target": "_self"
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                          }
                        ],
                        "text": "TradingView",
                        "type": "text"
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                      {
                        "text": ": reviews from TradingView customers.",
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              {
                "content": [
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                        "marks": [
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": older trader reviews and dispute threads.",
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                    "type": "paragraph"
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                ],
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              },
              {
                "content": [
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                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Myfxbook",
                        "type": "text"
                      },
                      {
                        "text": ": a few trader reviews.",
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              {
                "content": [
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                              "target": "_self"
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                            "type": "link"
                          }
                        ],
                        "text": "Reddit search",
                        "type": "text"
                      },
                      {
                        "text": ": investor threads in European and Singapore finance subreddits.",
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      "sort_order": 480,
      "seo_title": "Saxo review: regulation, fees and platforms",
      "seo_description": "Saxo is a Danish bank and broker regulated by the FCA, FINMA, MAS and ASIC, with no minimum deposit, SaxoTrader and TradingView, and stocks, bonds and futures.",
      "logo": "/logos/brokers/saxo.png"
    },
    {
      "slug": "etoro",
      "name": "eToro",
      "tagline": "Social investing app known for CopyTrader, with stocks, ETFs, crypto and CFDs",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "eToro is a social investing platform that's been going since 2007. It's best known for CopyTrader, which lets you follow another investor and have their trades mirrored in your account. It suits beginners and buy-and-hold investors who like to see what others are doing, more than active forex traders. UK clients are with eToro (UK) Ltd under the FCA, EU clients with eToro (Europe) Ltd under CySEC, and US clients get stocks through eToro USA Securities, a FINRA member, with crypto through a FinCEN-registered entity. There are further licences in Seychelles, Abu Dhabi, Singapore and Gibraltar.",
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            "content": [
              {
                "text": "Accounts and costs",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "Most people open one personal account. The minimum first deposit depends on your country, ranging from about $10 to $200. ETFs are commission free, and stocks carry a $1 or $2 fee in some regions. CFDs are spread only, with EUR/USD from about 1 pip, which is wider than specialist forex brokers. Crypto costs 1% each way. Retail leverage is capped at 1:30, and US clients can't use leverage at all. There's a $10 monthly inactivity fee after a year of inactivity.",
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                "text": "Platforms and markets",
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            ],
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          {
            "content": [
              {
                "text": "Everything runs on eToro's own web platform and app. There's no MT4, MT5 or TradingView. You get over 7,000 instruments: stocks, ETFs, crypto, commodities, indices and currencies, plus options and futures in some regions. Fractional shares start at £10. The free demo gives you $100,000 in virtual money to practise with.",
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              }
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            "content": [
              {
                "text": "Money in and out",
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              }
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          },
          {
            "content": [
              {
                "text": "You can deposit by card, bank transfer, PayPal, Skrill, Neteller and local options like iDEAL, or through eToro Money. Withdrawals from the USD account cost $5 each, and converting from other currencies adds a fee. GBP and EUR local currency accounts avoid both when you withdraw in the same currency.",
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      "primary_category": "stocks",
      "categories": [
        "cfd",
        "stocks",
        "crypto"
      ],
      "markets": [
        "forex",
        "indices",
        "commodities",
        "stocks",
        "etfs",
        "options",
        "futures",
        "crypto"
      ],
      "regulators": [
        {
          "regulator": "cysec",
          "entity": "eToro (Europe) Ltd",
          "licence": "109/10"
        },
        {
          "regulator": "fca",
          "entity": "eToro (UK) Ltd",
          "licence": "583263"
        },
        {
          "regulator": "fsa_seychelles",
          "entity": "eToro (Seychelles) Ltd",
          "licence": "SD076"
        },
        {
          "regulator": "mas",
          "entity": "",
          "licence": "CMS101824"
        },
        {
          "regulator": "sec_finra",
          "entity": "eToro USA Securities Inc.",
          "licence": ""
        },
        {
          "regulator": "other",
          "entity": "eToro USA LLC",
          "licence": "FinCEN Registration #31000318247697, NMLS ID #1769299",
          "note": "FinCEN (US Money Services Business)"
        },
        {
          "regulator": "other",
          "entity": "eToro (ME) Limited",
          "licence": "220073",
          "note": "ADGM Financial Services Regulatory Authority (FSRA), Abu Dhabi"
        },
        {
          "regulator": "other",
          "entity": "eToro X Limited",
          "licence": "1333B",
          "note": "Gibraltar Financial Services Commission"
        },
        {
          "regulator": "other",
          "entity": "eToro Money Malta Ltd",
          "licence": "",
          "note": "Malta Financial Services Authority (MFSA)"
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        {
          "name": "Personal account",
          "min_deposit": null,
          "currency": "USD",
          "pricing": "No commission on ETFs; $1 or $2 per stock trade in some countries; CFDs spread only from 1 pip on EUR/USD; 1% on crypto buys and sells",
          "max_leverage": "1:30 (retail); higher at some entities; no leverage for US clients"
        },
        {
          "name": "Corporate account",
          "min_deposit": 10000,
          "currency": "USD",
          "pricing": "Same pricing as personal accounts",
          "max_leverage": ""
        }
      ],
      "min_deposit": 10,
      "min_deposit_currency": "USD",
      "payment_methods": [
        "bank",
        "card",
        "paypal",
        "skrill",
        "neteller",
        "local"
      ],
      "features": {
        "copy_trading": true,
        "demo_account": true,
        "fractional_shares": true,
        "segregated_funds": true,
        "swap_free": true
      },
      "investor_protection": "Local compensation schemes by entity, plus private insurance up to 1 million EUR/AUD/USD for larger balances",
      "restricted_countries": [],
      "pros": [
        "CopyTrader lets you mirror other investors' portfolios",
        "Commission-free ETFs and fractional shares from as little as £10",
        "Regulated by the FCA, CySEC and other authorities, with a FINRA member US broker-dealer",
        "Large crypto range alongside stocks and CFDs",
        "Free demo with $100,000 in virtual funds",
        "GBP and EUR local currency accounts avoid conversion fees"
      ],
      "cons": [
        "No MT4, MT5 or TradingView, only eToro's own platform",
        "$5 fee on withdrawals from the USD account",
        "Spreads on forex and CFDs are above many specialist brokers",
        "1% fee each way on crypto",
        "$10 monthly inactivity fee after a year of inactivity"
      ],
      "review_sources": [
        {
          "source": "trustpilot",
          "rating": 4.1,
          "scale": 5,
          "count": 31875,
          "url": "https://www.trustpilot.com/review/www.etoro.com",
          "checked_on": "2026-10-06"
        },
        {
          "source": "forexpeacearmy",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.forexpeacearmy.com/forex-reviews/3731/etoro-review",
          "checked_on": "2026-10-06"
        },
        {
          "source": "myfxbook",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.myfxbook.com/reviews/brokers/etoro/119,1",
          "checked_on": "2026-10-06"
        },
        {
          "source": "sitejabber",
          "rating": 1.4,
          "scale": 5,
          "count": 119,
          "url": "https://au.sitejabber.com/reviews/etoro.com",
          "checked_on": "2026-10-06"
        },
        {
          "source": "other",
          "label": "SmartCustomer",
          "rating": 1.6,
          "scale": 5,
          "count": 116,
          "url": "https://www.smartcustomer.com/reviews/etoro.com",
          "checked_on": "2026-10-06"
        },
        {
          "source": "reddit",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.reddit.com/r/Etoro/comments/1smyu4e/anyone_had_a_fully_positive_experience_with_etoro/",
          "checked_on": "2026-10-06"
        }
      ],
      "review_summary_json": {
        "content": [
          {
            "content": [
              {
                "text": "eToro scores well where its biggest user base reviews it and badly on the smaller sites. It holds 4.1 on Trustpilot from about 31,900 reviews, against 1.4 on Sitejabber from about 120 and 1.6 on SmartCustomer from about 115. The small sites lean heavily toward complaints, and many of their reviews promote fund recovery services, so they say more about who seeks them out than about the average user. Forex Peace Army and Myfxbook have long-running pages, mostly from forex traders and mostly critical.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
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            },
            "content": [
              {
                "text": "What traders like",
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            ],
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          {
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              {
                "content": [
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                    "content": [
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                        ],
                        "text": "Easy to use.",
                        "type": "text"
                      },
                      {
                        "text": " Reviewers on Trustpilot and Reddit keep saying the app is simple and suits beginners.",
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                      }
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                        "text": "Copy trading and the community.",
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                      },
                      {
                        "text": " Long-time users on Reddit value CopyTrader, the social feed and the demo account.",
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                      }
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                        "text": "Years without problems.",
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                      },
                      {
                        "text": " Several Reddit users describe five to ten years on the platform with smooth deposits and no issues.",
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                        "text": "Slow or blocked withdrawals.",
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                      },
                      {
                        "text": " Reddit threads, Forex Peace Army and Trustpilot carry many accounts of withdrawals taking weeks, being held for document checks, or failing for certain currencies and crypto destinations.",
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                      }
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                        "text": "Fees and spreads.",
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                      },
                      {
                        "text": " Some say spreads, conversion fees and withdrawal fees are high, and several Reddit users call it unsuited to day trading.",
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                    ],
                    "type": "paragraph"
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                ],
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                        "text": "Platform stability.",
                        "type": "text"
                      },
                      {
                        "text": " Forex Peace Army and Myfxbook reviewers complain of outages, being unable to open or close trades at the market open, and stops filling well past their level.",
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                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              {
                "content": [
                  {
                    "content": [
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                        "text": "Doubts about the Trustpilot score.",
                        "type": "text"
                      },
                      {
                        "text": " A few Reddit users question how eToro holds over 4 on Trustpilot, and one says an honest negative review was flagged as not genuine until they pushed back.",
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                      }
                    ],
                    "type": "paragraph"
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            "content": [
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                "text": "Recently",
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                "content": [
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                        "text": "August 2026:",
                        "type": "text"
                      },
                      {
                        "text": " WikiFX published a roundup of user claims about failed withdrawals and account restrictions, and a new Forex Peace Army review described the platform as unstable at the market open.",
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                      }
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                "content": [
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                    "content": [
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                        "marks": [
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                          }
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                        "text": "July to September 2026:",
                        "type": "text"
                      },
                      {
                        "text": " eToro is still answering withdrawal complaints on Trustpilot by asking for account details. A third-party snapshot on 10 September recorded 4.1 from about 32,000 reviews.",
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            "content": [
              {
                "text": "Where this comes from",
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                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": eToro's main review page, the largest pool of reviews.",
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                      }
                    ],
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              },
              {
                "content": [
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                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews and complaint threads.",
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                ],
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              },
              {
                "content": [
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Myfxbook",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews, mostly older.",
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              {
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                        "text": "Sitejabber",
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                      {
                        "text": ": customer reviews.",
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              {
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                        "text": "SmartCustomer",
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                        "text": ": customer reviews.",
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                  {
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                        "text": "Reddit",
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                        "text": ": a thread of long-term users comparing experiences.",
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                        "text": "WikiFX",
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                        "text": ": the August 2026 roundup of withdrawal complaints.",
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      "sort_order": 490,
      "seo_title": "eToro review: regulation, fees and platforms",
      "seo_description": "eToro review: FCA, CySEC and FINRA regulated entities, low minimum deposit, CopyTrader, commission-free ETFs, stocks, crypto and CFDs on its own web and app.",
      "logo": "/logos/brokers/etoro.png"
    },
    {
      "slug": "trading-212",
      "name": "Trading 212",
      "tagline": "Commission-free share and ETF investing app with ISAs, plus a separate CFD account",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "Trading 212 is mainly an investing app for buying real shares and ETFs without paying commission, and it's popular with beginners and long-term investors in the UK and Europe. It also runs a separate CFD account for leveraged trading. It's regulated by the FCA in the UK, CySEC in Cyprus, BaFin in Germany, ASIC in Australia and the FSC in Bulgaria. UK clients get FSCS cover up to £85,000. It doesn't take clients from the US or Canada.",
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                "text": "Accounts and costs",
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                "text": "Invest",
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              {
                "text": " account lets you buy stocks and ETFs, including fractional shares, with no commission and a minimum deposit of about $1. The catch is a currency fee of up to 0.15% when you buy something priced in another currency. UK users can also open a ",
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                "text": " and a Cash ISA, so gains stay tax-free. The ",
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                "text": "CFD",
                "type": "text"
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              {
                "text": " account needs $10, charges through the spread with no commission, and adds overnight interest on positions held past 22:00 GMT. Retail leverage tops out around 1:30 on major currency pairs.",
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                "text": "Platforms and markets",
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            "content": [
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                "text": "Everything runs on Trading 212's own web platform and mobile apps, with TradingView-style charts built in. There's no MT4, MT5 or cTrader, and you can't link your account to TradingView. You get thousands of real shares and ETFs, plus CFDs on forex, indices, commodities and stocks. A practice account comes free.",
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            "content": [
              {
                "text": "Bank transfers in are free. Card and e-wallet deposits into Invest accounts are free until you've put in €2,000 in total, then there's a 0.7% fee. Trading 212 doesn't charge for withdrawals or inactivity, though your bank might. Money generally goes back to the method you deposited with first, and most withdrawals take one to three business days.",
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        {
          "regulator": "cysec",
          "entity": "Trading 212 Markets Ltd",
          "licence": "398/21"
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        {
          "regulator": "bafin",
          "entity": "Trading 212 EU",
          "licence": "10109603"
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        {
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                        "text": "CFD execution.",
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                        "text": " Reddit users often say it suits investing better than day trading.",
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                        "text": "August 2026:",
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                        "text": "Recent Trustpilot reviews",
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                "text": "Where this comes from",
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                        "text": "Trustpilot",
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                        "text": ": the broker's main review page, the biggest pool of reviews.",
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                        "text": "Forex Peace Army",
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                        "text": "Smart Money People",
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                        "text": ": UK reviews by product, including the Cash ISA.",
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                        "text": "Reddit",
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                        "text": "YouTube",
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                "text": "Charles Schwab is one of the biggest US brokers, and since buying TD Ameritrade it also owns the thinkorswim platform. It suits US investors who want everything under one roof, from long-term investing and retirement accounts to active options and futures trading. The main brokerage, Charles Schwab \u0026 Co., Inc., is registered with the SEC and is a FINRA member, futures are overseen by the CFTC, and a Singapore arm holds a MAS licence. Non-US residents can open an international account to invest in US markets.",
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                "text": "There's no minimum to open a brokerage account and no fees to open or keep one. Online trades in US-listed stocks and ETFs cost $0. Options, futures, OTC and broker-assisted trades carry commissions, and Schwab also earns from routing orders and from the cash in your account. You can open IRAs and other retirement accounts, and the Intelligent Portfolios robo-advisor starts at $5,000. Margin borrowing needs at least $2,000 of equity, with 25% maintenance on most securities. Stock Slices lets you start with fractional shares.",
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                        "text": "Everything in one place.",
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                        "text": " Options and active traders who came over from TD Ameritrade often praise the platform.",
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            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Common complaints",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Accounts restricted without warning.",
                        "type": "text"
                      },
                      {
                        "text": " Several Trustpilot and BBB reviewers say their accounts were locked during fraud or security checks, sometimes right after asking to withdraw, and that getting them unlocked took hours on the phone.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Long waits and handoffs.",
                        "type": "text"
                      },
                      {
                        "text": " Many low reviews describe long holds and being passed between departments.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "The TD Ameritrade move.",
                        "type": "text"
                      },
                      {
                        "text": " Some Reddit users forced over in the merger say the platforms and service were a step down.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Cash handling.",
                        "type": "text"
                      },
                      {
                        "text": " A few wish Schwab had an automatic sweep into money market funds, as some rivals do.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Withdrawals from retirement accounts.",
                        "type": "text"
                      },
                      {
                        "text": " A handful describe repeated trouble taking money out of 401(k) or IRA accounts.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "content": [
              {
                "text": "Be wary of pages that promise to fix Schwab withdrawal problems and list phone numbers: several in our evidence are spam and not linked to Schwab.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Recently",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "No dated reviews from the last 90 days stand out in our evidence.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.trustpilot.com/review/schwab.com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the main review page.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.sitejabber.com/reviews/schwab.com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Sitejabber",
                        "type": "text"
                      },
                      {
                        "text": ": a small set of reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.smartcustomer.com/reviews/schwab.com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "SmartCustomer",
                        "type": "text"
                      },
                      {
                        "text": ": a small set of reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.consumeraffairs.com/finance/schwab.html",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "ConsumerAffairs",
                        "type": "text"
                      },
                      {
                        "text": ": customer reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.bbb.org/us/tx/westlake/profile/investment-security/charles-schwab-corporation-0875-43000642/customer-reviews",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Better Business Bureau",
                        "type": "text"
                      },
                      {
                        "text": ": customer reviews and complaints.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.forexpeacearmy.com/forex-reviews/14409/schwab-stock-broker",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": a stock broker page with little activity.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.reddit.com/r/Schwab/",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "r/Schwab",
                        "type": "text"
                      },
                      {
                        "text": ": the customer subreddit.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          }
        ],
        "type": "doc"
      },
      "reviews_checked_on": "2026-10-06",
      "featured": false,
      "sort_order": 510,
      "seo_title": "Charles Schwab review: regulation, fees and platforms",
      "seo_description": "Charles Schwab is an SEC and FINRA regulated US broker with no account minimum, $0 online stock and ETF trades, and thinkorswim for options and futures.",
      "logo": "/logos/brokers/charles-schwab.png"
    },
    {
      "slug": "fidelity",
      "name": "Fidelity",
      "tagline": "US broker with $0 stock and ETF trades, IRAs and some of the best research around",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "Fidelity is one of the big US investment houses, based in Boston, and its brokerage side is a favourite with long-term investors who also like to trade now and then. It suits people who want stocks, ETFs, options, bonds and retirement accounts under one roof, with plenty of research to lean on. The brokerage arm, Fidelity Brokerage Services LLC, is registered with the SEC and listed on FINRA's BrokerCheck. The main site is for US residents, so most people outside the US will need to look elsewhere.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Accounts and costs",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "There's no minimum to open a brokerage account, and you can pick from the standard Fidelity Account, IRAs and other retirement accounts, plus accounts for children. Online US stock and ETF trades cost $0, options are $0.65 per contract, online Treasuries are free and secondary bonds cost $1 each. Placing a trade over the phone with a rep costs $32.95. Reviewers say there are no account or inactivity fees, though a small quarterly fee can apply to tiny uninvested balances. Margin trading and short selling are available on approved accounts.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Platforms and markets",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "You trade on Fidelity's own web platform, mobile app or the more advanced Fidelity Trader+, which has real-time quotes, charting and alerts. There's no MetaTrader and you can't connect TradingView. Markets cover US stocks, ETFs, options, mutual funds, bonds, CDs and crypto, with fractional shares too. Fidelity doesn't offer futures or forex.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Money in and out",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "You can fund by electronic bank transfer, bank wire or cheque, and reviewers note digital wallets such as PayPal and Apple Pay. Withdrawals by ACH or USD wire are free. Brokerage accounts carry SIPC coverage.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          }
        ],
        "type": "doc"
      },
      "website_url": "https://www.fidelity.com",
      "founded_year": null,
      "headquarters": "Boston, Massachusetts, United States",
      "brand_color": "#f4f4f4",
      "primary_category": "stocks",
      "categories": [
        "stocks",
        "options",
        "crypto"
      ],
      "markets": [
        "stocks",
        "etfs",
        "options",
        "crypto",
        "bonds"
      ],
      "regulators": [
        {
          "regulator": "sec_finra",
          "entity": "Fidelity Brokerage Services LLC",
          "licence": "CRD 7784"
        }
      ],
      "platforms": [
        "proprietary"
      ],
      "accounts": [
        {
          "name": "The Fidelity Account (brokerage)",
          "min_deposit": 0,
          "currency": "USD",
          "pricing": "$0 commission on online US stock, ETF and option trades plus $0.65 per options contract; $1 per secondary bond, online Treasuries free",
          "max_leverage": ""
        },
        {
          "name": "Retirement accounts (IRA)",
          "min_deposit": 0,
          "currency": "USD",
          "pricing": "Same $0 online US stock and ETF commissions as the brokerage account",
          "max_leverage": ""
        }
      ],
      "min_deposit": 0,
      "min_deposit_currency": "USD",
      "payment_methods": [
        "bank",
        "paypal",
        "apple_pay"
      ],
      "features": {
        "fractional_shares": true,
        "isa_or_tax_wrappers": true
      },
      "investor_protection": "SIPC coverage on brokerage accounts",
      "restricted_countries": [],
      "pros": [
        "$0 commission on online US stock and ETF trades",
        "No minimum deposit and no account or inactivity fees",
        "Fractional shares on US stocks",
        "Wide choice of account types, including IRAs and accounts for children",
        "Strong research and education, rated among the best in reviews",
        "Stocks, ETFs, options, bonds, mutual funds and crypto in one place"
      ],
      "cons": [
        "Website and accounts are aimed at US residents",
        "No futures or forex trading",
        "Options cost $0.65 per contract",
        "No MetaTrader or TradingView connection",
        "Broker-assisted trades cost $32.95"
      ],
      "review_sources": [
        {
          "source": "trustpilot",
          "rating": null,
          "scale": null,
          "count": 1108,
          "url": "https://www.trustpilot.com/review/fidelity.com",
          "checked_on": "2026-10-06"
        },
        {
          "source": "sitejabber",
          "rating": 1.7,
          "scale": 5,
          "count": 117,
          "url": "https://www.sitejabber.com/reviews/fidelity.com",
          "checked_on": "2026-10-06"
        },
        {
          "source": "other",
          "label": "ConsumerAffairs",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.consumeraffairs.com/finance/fidelity.html",
          "checked_on": "2026-10-06"
        },
        {
          "source": "other",
          "label": "ComplaintsBoard",
          "rating": 1.4,
          "scale": 5,
          "count": null,
          "url": "https://www.complaintsboard.com/fidelity-brokerage-services-b123003",
          "checked_on": "2026-10-06"
        },
        {
          "source": "other",
          "label": "Better Business Bureau",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.bbb.org/us/ma/boston/profile/mutual-funds/fidelity-investments-0021-4138/complaints",
          "checked_on": "2026-10-06"
        },
        {
          "source": "forexpeacearmy",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.forexpeacearmy.com/forex-reviews/14405/fidelity-stock-broker",
          "checked_on": "2026-10-06"
        },
        {
          "source": "reddit",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.reddit.com/r/fidelityinvestments/",
          "checked_on": "2026-10-06"
        }
      ],
      "review_summary_json": {
        "content": [
          {
            "content": [
              {
                "text": "Fidelity's reviews depend heavily on where you look. On consumer complaint sites the scores are low: 1.7 on Sitejabber from about 120 reviews and 1.4 on ComplaintsBoard. Its Trustpilot page has about 1,100 reviews, but no score shows in our evidence. On Reddit, where many long-term investors discuss it, Fidelity is widely recommended. Complaint sites tend to draw people with a problem, and most of the low reviews there are about service disputes.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "What traders like",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "One place for everything.",
                        "type": "text"
                      },
                      {
                        "text": " Reddit users often praise holding brokerage, IRA, 401(k), HSA, cash management and a credit card under one login.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Low costs.",
                        "type": "text"
                      },
                      {
                        "text": " Many mention $0 stock trades, zero-fee index funds and fractional shares.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Long-term trust.",
                        "type": "text"
                      },
                      {
                        "text": " Several Reddit users say they have been with Fidelity for 20 years or more and moved other accounts there.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Good service for many.",
                        "type": "text"
                      },
                      {
                        "text": " Some long-standing clients describe customer service as consistently good.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Common complaints",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Restricted accounts and held funds.",
                        "type": "text"
                      },
                      {
                        "text": " The most frequent complaint on Trustpilot, Sitejabber, ConsumerAffairs and Reddit is accounts locked or withdrawals held for fraud checks, sometimes with repeated requests for bank statements and little notice.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Withdrawal delays.",
                        "type": "text"
                      },
                      {
                        "text": " Reddit threads from 2024 and 2025 describe holds of up to several weeks on newly deposited money before it can be withdrawn.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Hard to reach support.",
                        "type": "text"
                      },
                      {
                        "text": " Many reviewers say phone waits are long and that different agents give different answers.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Clunky website and options tools.",
                        "type": "text"
                      },
                      {
                        "text": " Some active traders find the site confusing and prefer other platforms for options.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Retirement admin.",
                        "type": "text"
                      },
                      {
                        "text": " ComplaintsBoard and ConsumerAffairs reviewers describe errors with 401(k) hardship withdrawals, required distributions and tax forms.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Recently",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "August 2026:",
                        "type": "text"
                      },
                      {
                        "text": " a Trustpilot reviewer says about $7,000 was locked after repeated document requests and that they filed FINRA and CFPB complaints. ZeroStars' summary of complaints the same month also centres on account restrictions.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "September 2026:",
                        "type": "text"
                      },
                      {
                        "text": " a ConsumerAffairs reviewer says they like Fidelity but miss the options trade builder that was removed from the site.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.trustpilot.com/review/fidelity.com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the fidelity.com review page.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Sitejabber",
                        "type": "text"
                      },
                      {
                        "text": ": consumer reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
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                        "marks": [
                          {
                            "attrs": {
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                        "text": "ConsumerAffairs",
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                      {
                        "text": ": consumer reviews, many about retirement accounts.",
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                        "text": "ComplaintsBoard",
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                        "text": ": complaints about Fidelity Brokerage Services.",
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                        "text": ": formal complaints.",
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                        "text": "Forex Peace Army",
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                        "text": ": a stock broker listing.",
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                        "text": "Reddit",
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      "seo_title": "Fidelity review: regulation, fees and platforms",
      "seo_description": "Fidelity review: SEC-registered and FINRA-listed US broker, no minimum deposit, $0 online stock and ETF trades, options, bonds, crypto, IRAs and Trader+.",
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      "tagline": "US app broker known for commission-free stocks, options and crypto with no minimum",
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            "content": [
              {
                "text": "Robinhood is the US app broker that made commission-free trading the norm. It's a good fit for US investors and active traders who want stocks, options and crypto in one clean app and don't need mutual funds or bonds. The brokerage side runs through Robinhood Financial and Robinhood Securities, both registered broker-dealers and FINRA members, while crypto sits with Robinhood Crypto under state money transmitter licences.",
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                "text": "Accounts and costs",
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            "content": [
              {
                "text": "There's no minimum to open an account or start investing. US stocks, ETFs and equity options cost $0 in commission, though regulatory fees still apply on sells. Index options are $0.50 per contract and futures $0.75. Crypto has no commission, but a fee of up to 0.95% is built into the spread. You can open a cash or margin account and an IRA. Robinhood Gold costs $5 a month or $50 a year and gets you cheaper index options and futures, better cash rates and a 3% IRA match. Like other zero-commission brokers, Robinhood earns from payment for order flow.",
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                "text": "Platforms and markets",
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            "content": [
              {
                "text": "Everything happens in Robinhood's own mobile app and web platform. You won't find MetaTrader, and you can't connect a Robinhood account to TradingView. Markets cover US stocks and ETFs, with fractional shares and dividend reinvestment, options up to multi-leg spreads for eligible accounts, futures, prediction market contracts and a long list of crypto. Robinhood has also started offering crypto perpetual futures with up to 10x leverage to eligible customers.",
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                "text": "Money in and out",
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                "text": "Standard bank transfers in and out are free. Instant withdrawals to a bank or debit card cost up to 1.75%, with a $1 minimum and $150 cap, and outgoing wires cost $25. Moving your whole portfolio to another broker carries an outbound transfer fee, so check that before you commit.",
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                "text": "Opinion on Robinhood depends on where you look. Its main Trustpilot page has about 13,700 reviews, but the bundle does not show the score. The UK page is rated 3.5 from about 50 reviews. Sitejabber averages 1.1 from about 270. A review site reports about 4.3 in the app stores, though those ratings are outside this evidence. Reddit is split between people who like the app and people who prefer a more established broker. Praise is mostly for the app. Complaints are mostly about support and getting money out.",
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                        "text": "Gold and extras.",
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                        "text": " Some like the interest on cash for Gold members, the promotions and, in the UK, the ISA and cheap options.",
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                        "text": "No human support.",
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                        "text": " Many low reviews describe chat bots, repeated waits of several days and cases closed without a fix.",
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                        "text": "Money stuck on the way out.",
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                        "text": " Several reviewers on Sitejabber, Trustpilot, BBB and Reddit describe withdrawals or account transfers held up by restrictions, settlement holds or compliance checks. Some describe account closures with funds frozen for weeks.",
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                        "text": "Business model worries.",
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                        "text": " Reddit users often raise payment for order flow, the 2021 GameStop trading halt and an app they feel makes risky trading too easy.",
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                        "text": "July 2026:",
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                        "text": " UK Trustpilot reviewers describe an ISA transfer stuck in a compliance check with no warning given. Others praise the low-cost options and the ISA.",
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                        "text": "September to October 2026:",
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                        "text": "Trustpilot",
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                        "text": "Forex Peace Army",
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                        "text": "Reddit search",
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      "slug": "etrade",
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                "text": " has no minimum and no maintenance fee. Online US stocks, ETFs and options are commission-free, but options add $0.65 per contract, which drops to $0.50 if you place 30 or more options trades a quarter. Futures cost $1.50 per contract per side. Bonds cost $1 each on the secondary market with a $10 minimum, and Treasuries are free. Margin follows the usual Reg T rules, and portfolio margin opens up with Level 4 options approval and $100,000 in equity.",
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                "text": " robo-advisor from $500 at 0.30% a year, and a crypto account run with zerohash for Bitcoin, Ethereum and Solana at 0.50% a trade.",
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                "text": "TRADE app and **Power E*TRADE** for more active traders, with screeners and multi-leg options on mobile. Futures cover CME Group, ICE US and CFE, and you can trade options on futures nearly 24 hours a day. There's no forex.",
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                "text": "Funding is by bank: ACH, wire, check or direct deposit. ACH deposits and withdrawals are free, while outgoing wires cost $25. New deposits are usually available to withdraw on the third business day. Checking and savings accounts come through Morgan Stanley Private Bank, with FDIC cover up to $250,000.",
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                "text": "E*TRADE scores poorly on consumer review sites, while traders on Reddit are far more mixed to positive. It holds 1.1 on Trustpilot from about 650 reviews, 1.8 on SmartCustomer from about 290 and 1.35 on Reviews.io from 75. ConsumerAffairs, WalletHub and PissedConsumer carry hundreds more reviews, mostly complaints. Several long-time users on Reddit point out that unhappy customers are the ones who tend to post.",
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                        "text": "The Morgan Stanley move.",
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                        "text": "September 2026:",
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                        "text": " new WalletHub and PissedConsumer complaints repeat the pattern of repeated security holds on legitimate transfers.",
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                        "text": "Trustpilot",
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      "slug": "webull",
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                "text": "Webull is a US online broker built around its own app, aimed at self-directed traders who want commission-free stocks and options with better charts than the basic apps. The US business, Webull Financial LLC, is registered with the SEC and is a FINRA and SIPC member, and futures go through Webull Futures LLC, a CFTC-registered FCM and NFA member. There are sister businesses licensed in Singapore, Japan and Hong Kong. The company listed on Nasdaq in 2025 under the ticker BULL.",
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          "url": "https://www.trustpilot.com/review/webull.com",
          "checked_on": "2026-10-06"
        },
        {
          "source": "sitejabber",
          "rating": 1,
          "scale": 5,
          "count": 9,
          "url": "https://www.sitejabber.com/reviews/webull.com",
          "checked_on": "2026-10-06"
        },
        {
          "source": "forexpeacearmy",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.forexpeacearmy.com/forex-reviews/14875/webull-stock-brokers",
          "checked_on": "2026-10-06"
        },
        {
          "source": "other",
          "label": "TradingView",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.tradingview.com/broker/Webull/reviews/",
          "checked_on": "2026-10-06"
        },
        {
          "source": "other",
          "label": "BBB complaints",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.bbb.org/us/ny/new-york/profile/investment-management/webull-financial-llc-0121-185963/complaints?page=1",
          "checked_on": "2026-10-06"
        },
        {
          "source": "reddit",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.reddit.com/r/Webull/",
          "checked_on": "2026-10-06"
        }
      ],
      "review_summary_json": {
        "content": [
          {
            "content": [
              {
                "text": "Webull's review-site scores are poor, while its app-store ratings and Reddit users are much kinder. It scores 1.3 on Trustpilot from about 400 reviews, with most reviewers giving one star, and 1 on Sitejabber from 9 reviews. Review sites note that the app itself holds high ratings in the Apple and Google stores, so the Trustpilot pool is weighted towards people with a problem.",
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              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
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            },
            "content": [
              {
                "text": "What traders like",
                "type": "text"
              }
            ],
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          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "The app and charts.",
                        "type": "text"
                      },
                      {
                        "text": " Reddit users often praise the clean interface on phone and desktop, the charting and drawing tools, and the paper trading account.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Active-trader tools.",
                        "type": "text"
                      },
                      {
                        "text": " Some TradingView reviewers like the desktop platform's level 2 data, time and sales, and screeners.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Low costs.",
                        "type": "text"
                      },
                      {
                        "text": " Commission-free stock and options trading is a common reason people pick it.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Long trading hours.",
                        "type": "text"
                      },
                      {
                        "text": " Several traders use Webull for its extended hours.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
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            },
            "content": [
              {
                "text": "Common complaints",
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              }
            ],
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          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                            "type": "bold"
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                        ],
                        "text": "Withdrawals and transfers.",
                        "type": "text"
                      },
                      {
                        "text": " The most common Trustpilot theme. Reviewers describe frozen ACH links when withdrawing, demands for bank statements to prove ownership, deposits that did not arrive, and outgoing account transfers rejected or delayed.",
                        "type": "text"
                      }
                    ],
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                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Customer service.",
                        "type": "text"
                      },
                      {
                        "text": " Many say support is slow and unable to fix simple account changes, sometimes for weeks.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Fills and execution.",
                        "type": "text"
                      },
                      {
                        "text": " Several day traders on Reddit complain of poor fills, especially pre-market, and blame payment for order flow. One user describes a futures outage in October 2025 where stops did not trigger.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Account locks.",
                        "type": "text"
                      },
                      {
                        "text": " Some reviewers say accounts were restricted without clear reasons, and BBB complaints mention slow fraud investigations.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
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          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Recently",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "We found no dated reviews from the last 90 days beyond the Trustpilot page itself, which in July 2026 still showed fresh complaints about slow support and frozen bank links.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
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            },
            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the US review page.",
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                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Sitejabber",
                        "type": "text"
                      },
                      {
                        "text": ": a handful of reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                              "href": "https://www.forexpeacearmy.com/forex-reviews/14875/webull-stock-brokers",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": a stock broker page, with no score in our evidence.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.tradingview.com/broker/Webull/reviews/",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "TradingView",
                        "type": "text"
                      },
                      {
                        "text": ": verified client reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.bbb.org/us/ny/new-york/profile/investment-management/webull-financial-llc-0121-185963/complaints?page=1",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "BBB complaints",
                        "type": "text"
                      },
                      {
                        "text": ": formal complaints and Webull's replies.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.reddit.com/r/Webull/",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit",
                        "type": "text"
                      },
                      {
                        "text": ": the Webull subreddit, plus day trading threads on fills.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          }
        ],
        "type": "doc"
      },
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      "featured": false,
      "sort_order": 550,
      "seo_title": "Webull review: regulation, fees and platforms",
      "seo_description": "Webull: SEC and FINRA regulated US broker with no account minimum, commission-free stocks, ETFs and options, plus futures and crypto on its app and TradingView.",
      "logo": "/logos/brokers/webull.png"
    },
    {
      "slug": "moomoo",
      "name": "moomoo",
      "tagline": "Commission-free US stock and options app from Futu, with free Level 2 data",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "moomoo is a trading app from Futu, a group backed by Tencent and Sequoia, built for active stock and options traders who want serious data without paying for it. In the US the brokerage side is Moomoo Financial Inc., registered with the SEC and a FINRA and SIPC member. The same app runs through separate local companies regulated by MAS in Singapore, ASIC in Australia, CIRO in Canada and the Securities Commission in Malaysia, so what you can trade and what it costs depends on where you live.",
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          {
            "attrs": {
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            },
            "content": [
              {
                "text": "Accounts and costs",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "In the US you open an individual cash or margin account with no minimum. Stocks, ETFs and options cost $0 in commission for US residents, though regulatory and exchange fees still apply. Margin trading starts at $2,500 and the margin rate is a flat 6.8%. There's no inactivity fee, but domestic wire withdrawals cost $25, international ones $45, and moving your account to another broker costs $75.",
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          },
          {
            "attrs": {
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            },
            "content": [
              {
                "text": "Platforms and markets",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "You trade on the moomoo mobile app or the moomoo Desktop workspace, both with free Level 2 data, 100+ indicators and 13 options strategies. US, Singapore and Malaysia clients can link their account to TradingView and trade from the chart. There's paper trading for practice and an API for building your own strategies. US clients get stocks, ETFs, options and futures, plus 50+ cryptos through Moomoo Crypto Inc., which isn't covered by SIPC. Forex, bonds and CFDs aren't part of the US offer.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Money in and out",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "US accounts fund by ACH, Instant Transfer or wire, and Apple Pay and Google Pay also work. ACH is free. There are no cards or e-wallets, and withdrawals go back to your bank by ACH or wire.",
                "type": "text"
              }
            ],
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          }
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        "options",
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        "crypto"
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        "options",
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          "regulator": "mas",
          "entity": "Moomoo Financial Singapore Pte. Ltd.",
          "licence": "CMS101000"
        },
        {
          "regulator": "mas",
          "entity": "Moomoo Trustee (Singapore) Pte. Ltd.",
          "licence": "TC000074"
        },
        {
          "regulator": "asic",
          "entity": "Moomoo Securities Australia Ltd.",
          "licence": "AFSL 224663"
        },
        {
          "regulator": "ciro",
          "entity": "Moomoo Financial Canada Inc.",
          "licence": ""
        },
        {
          "regulator": "other",
          "entity": "Moomoo Securities Malaysia Sdn. Bhd.",
          "licence": "eCMSL/A0397/2024",
          "note": "Securities Commission Malaysia"
        }
      ],
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        "proprietary"
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        {
          "name": "Cash account (US)",
          "min_deposit": 0,
          "currency": "USD",
          "pricing": "$0 commission on US stocks, ETFs and options for US residents; regulatory and exchange fees apply",
          "max_leverage": ""
        },
        {
          "name": "Margin account (US)",
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          "currency": "USD",
          "pricing": "$0 commission on US stocks, ETFs and options; flat 6.8% margin rate",
          "max_leverage": "2:1 on stocks"
        }
      ],
      "min_deposit": 0,
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      "payment_methods": [
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        "google_pay"
      ],
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        "demo_account": true,
        "fractional_shares": true,
        "negative_balance_protection": false
      },
      "investor_protection": "SIPC up to $500,000 for US securities accounts (not crypto)",
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      "pros": [
        "$0 commission on US stocks, ETFs and options for US residents",
        "No account minimum and no inactivity fee",
        "Free Level 2 data and strong charting in the app and desktop platform",
        "Trade straight from TradingView charts",
        "Paper trading and an API for automated strategies"
      ],
      "cons": [
        "No forex, bonds or CFDs for US clients",
        "Wire withdrawals cost $25 domestic and $45 international",
        "$75 fee to transfer your account out",
        "The app's feature set can feel heavy for beginners"
      ],
      "review_sources": [
        {
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          "rating": null,
          "scale": null,
          "count": 566,
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        },
        {
          "source": "trustpilot",
          "label": "Trustpilot (Australia)",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.trustpilot.com/review/moomoo.com/au",
          "checked_on": "2026-10-06"
        },
        {
          "source": "sitejabber",
          "rating": 1.3,
          "scale": 5,
          "count": 4,
          "url": "https://www.sitejabber.com/reviews/moomoo.com",
          "checked_on": "2026-10-06"
        },
        {
          "source": "forexpeacearmy",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.forexpeacearmy.com/forex-reviews/20434/moomoo-review",
          "checked_on": "2026-10-06"
        },
        {
          "source": "other",
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          "rating": null,
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          "url": "https://www.tradingview.com/broker/moomoo/reviews/",
          "checked_on": "2026-10-06"
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        {
          "source": "other",
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          "rating": null,
          "scale": null,
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          "url": "https://www.bbb.org/us/ca/palo-alto/profile/financial-services/moomoo-financial-inc-1216-1650669/complaints",
          "checked_on": "2026-10-06"
        },
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          "source": "reddit",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.reddit.com/search/?q=moomoo",
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          {
            "content": [
              {
                "text": "Moomoo divides opinion more than most brokers: people like the tools and dislike the service. Its main Trustpilot page has about 570 reviews, and Investopedia described them in late 2025 as a near even split between five stars and one star, averaging 2.6; the current score is not in the evidence we collected. Sitejabber has only four reviews, at 1.3. TradingView reviews are mostly positive, and Reddit has plenty of threads on both sides. Forex Peace Army and the Better Business Bureau also have pages.",
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                "text": "What traders like",
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                        "text": "Tools and data.",
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                      },
                      {
                        "text": " Many reviewers on Trustpilot, TradingView and Reddit praise the charting, free Level 2 data, screeners and options tools, and some say moomoo gives more depth than Robinhood or Webull.",
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                      }
                    ],
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                "content": [
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                        "text": "Low costs.",
                        "type": "text"
                      },
                      {
                        "text": " Commission-free US stock and options trading, and low fees in Australia, come up often.",
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                      }
                    ],
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                "content": [
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                    "content": [
                      {
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                        "text": "Reliable platform.",
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                      },
                      {
                        "text": " Several reviewers say the mobile and desktop apps are fast and stable.",
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                      }
                    ],
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              {
                "content": [
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                    "content": [
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                        "text": "Promotions.",
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                      },
                      {
                        "text": " Some users like the sign-up and deposit bonuses.",
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                      }
                    ],
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              }
            ],
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                "text": "Common complaints",
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          {
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                  {
                    "content": [
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                        "text": "Customer service.",
                        "type": "text"
                      },
                      {
                        "text": " Trustpilot's own summary says reviewers are very unhappy with support, and Reddit users in Australia and Canada say the same.",
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                      }
                    ],
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              {
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                        "text": "Withdrawals.",
                        "type": "text"
                      },
                      {
                        "text": " Several reviewers describe withdrawals blocked, held for review, or showing zero available, sometimes after a currency conversion. Malaysian users on Reddit say staff phoned them with offers not to withdraw. BBB complaints include blocked withdrawals and disputed transfers.",
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                      }
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              {
                "content": [
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                    "content": [
                      {
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                        "text": "Crowded app.",
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                      },
                      {
                        "text": " A common view is that the app is cluttered, carries ads and is hard for beginners.",
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                    ],
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                        "text": "Options costs and margin.",
                        "type": "text"
                      },
                      {
                        "text": " Some options traders say multi-leg trades are charged high margin, and outside the US the per-contract fees feel steep.",
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                "content": [
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                        "text": "Bonus terms.",
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                      {
                        "text": " Some Reddit users call the bonuses gimmicky and hard to collect.",
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                        "text": "Regional setups.",
                        "type": "text"
                      },
                      {
                        "text": " Canadian reviewers say the account runs on top of Interactive Brokers, and Australian reviewers question how CHESS sponsorship works.",
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                        "text": "September to October 2026:",
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                        "text": " recent Trustpilot reviews stay mixed, with praise for options tools alongside complaints about clutter, ads and withdrawals delayed after converting currency.",
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                        "text": "Trustpilot",
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                        "text": "Trustpilot (Australia)",
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                        "text": ": reviews of moomoo Australia.",
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                        "text": "Sitejabber",
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                        "text": "Forex Peace Army",
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                      {
                        "text": ": trader reviews.",
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                        "text": "TradingView",
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                        "text": ": verified customer reviews.",
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                        "text": "BBB",
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                        "text": ": US complaints.",
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                        "text": "Reddit search",
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      "seo_title": "moomoo review: regulation, fees and platforms",
      "seo_description": "moomoo review: SEC and FINRA regulated in the US, MAS and ASIC abroad, no minimum deposit, $0 commission on US stocks, ETFs and options, TradingView link.",
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    {
      "slug": "firstrade",
      "name": "Firstrade",
      "tagline": "US discount broker with $0 stock trades and no options contract fees",
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          {
            "content": [
              {
                "text": "Firstrade is a US discount broker that's been around since 1985. It's aimed at self-directed investors and options traders who mostly want low costs, and it also takes a lot of international clients who want access to US markets. Firstrade Securities Inc. is registered with the SEC as a broker-dealer and is a member of FINRA and SIPC, with Apex Clearing holding client assets.",
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            "content": [
              {
                "text": "Accounts and costs",
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              {
                "text": "You can open an individual or joint brokerage account, a range of IRAs (Traditional, Roth, Rollover, SEP and SIMPLE), custodial accounts or an international account. None of them has a minimum or an inactivity fee. Online trades in stocks, ETFs, mutual funds and options are $0, and options have no per-contract fee either, which is where Firstrade stands out. You'll still pay small regulatory fees, $19.95 if you place a trade through a broker, and margin interest if you borrow.",
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                "text": "Firstrade runs its own web, desktop and mobile platforms, with OptionsWizard for options analysis and research from Morningstar, Zacks, Briefing.com and OptionsPlay. There's no TradingView or MetaTrader link. You can trade US-listed stocks including OTC names, 2,200+ ETFs, over 11,000 mutual funds, options, bonds and CDs. Extended hours run 7am to 8pm ET, with an overnight session from 8pm to 4am. Everything is US-listed; there are no foreign exchanges.",
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                "text": "Money in and out",
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              {
                "text": "US clients fund by free ACH from a US bank account in their own name, by wire or by check. International clients usually wire money in. ACH withdrawals are free, outgoing wires cost $25, and moving your whole account out costs $75 ($55 for a partial transfer). Accounts are covered by SIPC up to $500,000 plus excess insurance up to $37.5 million per customer.",
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          "entity": "Firstrade Securities Inc.",
          "licence": "CRD 16843"
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          "currency": "USD",
          "pricing": "$0 commission on stocks, ETFs, mutual funds and options, with $0 options contract fees",
          "max_leverage": ""
        },
        {
          "name": "IRA (Traditional, Roth, Rollover, SEP, SIMPLE)",
          "min_deposit": 0,
          "currency": "USD",
          "pricing": "Same $0 commissions, no account maintenance fees",
          "max_leverage": ""
        },
        {
          "name": "International account",
          "min_deposit": 0,
          "currency": "USD",
          "pricing": "$0 commission per online trade, no account maintenance fee",
          "max_leverage": ""
        }
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        "bank"
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      "pros": [
        "$0 commissions on stocks, ETFs, mutual funds and options",
        "No per-contract fees on options, which is rare",
        "No account minimum and no inactivity fee",
        "Overnight and extended-hours trading",
        "Accepts international clients, with support in English, Mandarin and Cantonese"
      ],
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        "US markets only, no international exchanges",
        "No TradingView or MetaTrader connection",
        "Outgoing wires cost $25 and full transfers out cost $75",
        "Broker-assisted trades cost $19.95",
        "Customer feedback on support and withdrawals is weak"
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          "scale": 5,
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          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.bbb.org/us/ny/flushing/profile/stock-brokers/firstrade-securities-inc-0121-6554/complaints",
          "checked_on": "2026-10-06"
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          "checked_on": "2026-10-06"
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          "source": "reddit",
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          "url": "https://www.reddit.com/r/BrokerChooser/comments/1kt1c64/firstrade_has_become_the_worst_broker/",
          "checked_on": "2026-10-06"
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                "text": "Firstrade has very few customer reviews for a broker of its age, and the ones that exist are mostly negative. It sits at 1.7 on Trustpilot from only about 50 reviews, and its BBB complaint pages carry withdrawal disputes. Reddit is more mixed: long-time and international investors like the zero fees and simple app, while others say service has slipped. With so small a sample, treat the scores as a signal of where complaints land rather than a full picture.",
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                "text": "What traders like",
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                        "text": "Access for non-US investors.",
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                        "text": " Several Reddit and Trustpilot users outside the US say it is one of the few US brokers that will take them, and some report withdrawals arriving within a couple of days.",
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                        "text": "Simple platform.",
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                      {
                        "text": " Some older investors on Reddit prefer its plain interface to the bigger brokers.",
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                "text": "Common complaints",
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          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                        "text": "Withdrawals held up.",
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                      {
                        "text": " Several Trustpilot, BBB and Reddit posters describe transfers out rejected or delayed for days or weeks while Firstrade asked for more ID or bank documents, including an IRA transfer stuck for over three weeks.",
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              {
                "content": [
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                    "content": [
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                        "text": "Hard to reach support.",
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                        "text": " A recurring theme is emails and calls that go unanswered, especially once a problem starts.",
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                "content": [
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                        "text": "Trading restrictions without notice.",
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                      },
                      {
                        "text": " A Reddit thread complains that Firstrade stopped new trades in stocks under $2 and some ADRs with little warning.",
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                        "text": "Platform glitches.",
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                        "text": " Some reviewers mention account values not displaying correctly and funds locked for a day as a result.",
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                        "text": "Transfer fees.",
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                      {
                        "text": " Reviewers and comparison sites note the $75 full and $55 partial outgoing transfer fees.",
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            "content": [
              {
                "text": "No dated trader reviews from the last 90 days turned up in our evidence.",
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                "text": "Where this comes from",
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                        "text": "Trustpilot",
                        "type": "text"
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                        "text": ": the main review page, a small pool of reviews.",
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                        "text": "BBB",
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                        "text": ": complaints filed with the Better Business Bureau.",
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                        "text": "ConsumerAffairs",
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                        "text": ": customer reviews.",
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              {
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                        "text": "Reddit",
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                        "text": ": a thread on trading restrictions and support.",
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      "seo_title": "Firstrade review: regulation, fees and platforms",
      "seo_description": "Firstrade review: SEC-registered, FINRA and SIPC member US broker, $0 minimum, $0 commissions on stocks, ETFs, options and mutual funds, IRAs and bonds.",
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      "tagline": "US app for stocks, options, bonds and crypto, with rebates on options trades",
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                "text": "Public is a US investing app that's been around since 2019. It suits people who want stocks, options, bonds and crypto in one clean app, and active options traders who like getting paid back on each contract. Brokerage accounts are held with Public Investing, a FINRA and SIPC member, so it's regulated as a US broker-dealer and built for US investors.",
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                "text": "The standard brokerage account has no minimum and charges no commission on stocks, ETFs or equity options. Public also skips the usual per-contract options fee and pays rebates of up to $0.18 per contract instead. There are traditional and Roth IRAs with a 1% match on contributions, crypto IRAs, and business accounts for single-owner US companies. On the yield side you get a High-Yield Cash Account paying 3.30% APY with no fees, Treasury accounts and a Bond Account that needs ",
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                "text": " and buys ten corporate bonds for you. Margin rates are among the lowest around.",
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            "content": [
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                "text": "Everything runs in Public's own app and website. You can trade over 9,000 stocks, ETFs, stock and index options, more than 60 cryptocurrencies, corporate and Treasury bonds, and prediction markets on things like Fed decisions. There's a trading API, an MCP server for AI tools, and AI agents that can run rules you set. There's no forex, futures or CFDs.",
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                "text": "Money in and out",
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            "content": [
              {
                "text": "You fund by linking a US bank account, with wire and check as other options. Standard withdrawals are free and take three to five business days, capped at $50,000 a day. Public will cover up to $100 of fees when you move an account in from another broker, and pays a 1% match on transfers.",
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        "Bonds, Treasuries and a high-yield cash account in the same app",
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        "Reviewers found the app stays logged in with no passcode",
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                "text": "Public.com has little review evidence for a US broker of its size, and no score showed up in what we collected. Its Trustpilot page has only about 25 reviews, the Better Business Bureau page has a mix of praise and complaints, and most of the discussion is on Reddit, including Public's own r/PublicApp. Finder describes reviews across the major sites as leaning negative, mostly over withdrawals and fees.",
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                        "text": "Options rebates.",
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                        "text": " Options traders on Reddit point to Public sharing payment for order flow, which pays a small rebate per contract instead of charging.",
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                        "text": "Bonds and Treasuries.",
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                        "text": " Some like being able to buy bonds and T-bills in the same app.",
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                        "text": "Long-time users.",
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                        "text": " Some reviewers object to per-trade or subscription fees, the inactivity fee, and a $100 charge to transfer an account out.",
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                        "text": "Bond marketing.",
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                        "text": " A widely shared r/investing thread criticised how high-yield bond portfolios were pitched as locked-in rates.",
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                        "text": "August 2026:",
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                        "text": " a Trustpilot reviewer whose account moved to Public after a buyout complained about selling fees and a $100 outgoing transfer fee.",
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                "text": "Where this comes from",
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                        "text": "Better Business Bureau",
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                        "text": ": Public's own subreddit, with withdrawal threads.",
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                        "text": "r/investing thread",
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    {
      "slug": "sofi-invest",
      "name": "SoFi Invest",
      "tagline": "US app for commission-free stocks, ETFs and options alongside SoFi banking",
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            "content": [
              {
                "text": "SoFi Invest is the investing side of SoFi, the San Francisco fintech that also does banking, loans and credit cards. It's aimed at newer US investors who'd rather keep everything in one app than chase the deepest toolset. It's only open to residents of the 50 US states and Puerto Rico. Brokerage accounts sit with SoFi Securities LLC, a FINRA and SIPC member, the robo service is run by SoFi Wealth LLC, an SEC-registered adviser, and crypto goes through SoFi Bank, N.A.",
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                "text": " is the self-directed account. Stocks, ETFs and options cost $0 in commission, and there's no per-contract fee on options, which is rare. There's no account minimum, and fractional shares of 4,000+ stocks and ETFs start at $5. ",
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                "text": " builds an ETF portfolio for you once you've put in $50. You can hold either inside a Roth, Traditional or SEP IRA with no opening or annual fee. Watch the smaller charges: a $25 inactivity fee after six months, $100 to transfer out or close an IRA, a 0.2% fee on mutual fund purchases and roughly a 1% spread on crypto. Margin is available but not cheap.",
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                "text": "Everything runs in SoFi's own web and mobile app. It's clean and easy to learn, with real-time news, but research and charting are basic and you can't connect TradingView. The range is US stocks, ETFs, options, mutual funds and IPO access, plus crypto through SoFi Bank. There's no forex, futures or overseas stock trading.",
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                "text": "You fund the account by bank transfer, usually ACH, and money lands in one to two business days. Revolut and Wise also work. Withdrawals by ACH are free and take about two days, while a wire out costs $25.",
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                "text": "SoFi as a company reviews well, but very little of that feedback is about SoFi Invest itself. Trustpilot shows 4 stars from about 12,600 reviews, and most of those are about personal loans and banking. Sitejabber's small page sits at 1.7 from 20 reviews. The most useful evidence on the brokerage comes from the r/sofi subreddit, where investors are mixed: happy with a simple app tied to their bank account, frustrated by withdrawal holds and a thin feature set.",
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                        "text": "Simple and cheap.",
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                        "text": " Reddit users describe the Invest app as clean and easy for buy-and-hold investing, with no commissions and fractional shares.",
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                        "text": "Withdrawal holds.",
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                        "text": " The most repeated complaint on Reddit is money taking days or weeks to leave Invest, with holds of up to 30 days when funds go to a different bank from the one they came from. Some say support did not explain the hold until they escalated.",
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              {
                "content": [
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                    "content": [
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                        "text": "Restricted accounts.",
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                      {
                        "text": " A few reviewers on ConsumerAffairs, Trustpilot and Reddit say their accounts were restricted after a deposit or an incoming transfer, and support asked them to sell up or wait for a security review.",
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                        "text": "Not for active traders.",
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                      {
                        "text": " Reddit users say charting is limited, options are long-only, and unsettled cash makes frequent trading awkward.",
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                        "text": "New fees.",
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                      {
                        "text": " Some object to fees added after they opened accounts, such as charges to transfer out an IRA.",
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                "text": "Recently",
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                        "text": "July 2026:",
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                      {
                        "text": " an r/sofi thread on satisfaction found users generally positive, saying Invest keeps improving but still trails larger brokers.",
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                        "text": "August 2026:",
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                      {
                        "text": " a Trustpilot reviewer describes a restricted account and repeated multi-hour support calls after fraudulent charges, and a BBB complaint describes a fraud claim denied in September.",
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                "text": "Where this comes from",
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                        "text": "Trustpilot",
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                        "text": ": SoFi's main review page, covering all its products.",
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                        "text": "Sitejabber",
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                        "text": ": a small set of customer reviews.",
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                        "text": "ConsumerAffairs",
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                        "text": ": reviews specific to SoFi Invest.",
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                "content": [
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                              "target": "_self"
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                            "type": "link"
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                        "text": "BBB complaints",
                        "type": "text"
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                      {
                        "text": ": formal complaints against SoFi.",
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                            "type": "link"
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                        "text": "Reddit",
                        "type": "text"
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                      {
                        "text": ": SoFi customers discussing their experience.",
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      "seo_title": "SoFi Invest review: regulation, fees and platforms",
      "seo_description": "SoFi Invest review: FINRA and SIPC member for US residents. $0 minimum, $0 commission on stocks, ETFs and options, fractional shares, IRAs and robo portfolios.",
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                "text": "Merrill Edge is the online brokerage arm of Merrill, which is owned by Bank of America. It launched in 2010 and suits US investors who want commission-free stocks and ETFs with good research, and especially people who already bank with Bank of America. Accounts are held with MLPF\u0026S, a broker-dealer registered with the SEC and a FINRA and SIPC member, so your account is covered by SIPC up to $500,000, including $250,000 in cash. It's only open to US residents.",
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                "text": " has no minimum deposit and charges $0 for online stock, ETF and options trades. Options still carry $0.65 per contract, and a broker-assisted trade costs $29.95. Bonds are $1 each with a $10 minimum, while new-issue CDs and Treasurys trade online for free. You can apply for margin once you have $2,000 in the account. If you'd rather not pick investments yourself, ",
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                "text": " starts at $1,000 and charges 0.45% to 0.85% a year, and the version with an advisor starts at $20,000. IRAs, custodial and education accounts are available too. There's no inactivity fee, but moving your whole account out costs $49.95.",
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                "text": "You trade on the website, the mobile app or MarketPro, Merrill's desktop-style platform with real-time data and charting. There's no TradingView connection. The range covers US stocks, ETFs, mutual funds, options, bonds and CDs. There are no futures, forex, crypto or fractional shares, so it's an investing account more than a day trading one.",
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          "source": "forexpeacearmy",
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                "text": "Merrill Edge scores poorly on open review sites, though the pool is small for a broker of its size. It holds 1.3 on Trustpilot from 125 reviews and 1.4 on Sitejabber from 70. Trustpilot notes that Merrill Edge does not invite reviews, so the page leans towards people with a problem. Reddit is more balanced: buy-and-hold investors who use it for Bank of America Preferred Rewards tend to call it fine, while active traders are much harsher.",
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                        "text": "Bank of America integration.",
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                        "text": " The most common reason people on Reddit give for staying is Preferred Rewards status and moving cash between Merrill and BofA accounts.",
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                        "text": "Fine for simple investing.",
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                        "text": " Several Bogleheads and r/MerrillEdge posters say it does the job for long-term index investors placing limit and market orders.",
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                        "text": "Research and a clear website",
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                        "text": "Accounts frozen or closed for review.",
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                        "text": " Several Reddit and Sitejabber posters say accounts were locked for risk reviews with little explanation, and that getting money out took weeks; one Sitejabber reviewer says a joint account was liquidated.",
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                        "text": "Paperwork for inherited and transferred accounts.",
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                        "text": " A number of Trustpilot reviewers describe repeated notarised forms and slow transfers when settling a relative's account or moving an IRA.",
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                        "text": "The trading platform.",
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                        "text": " Active traders on Reddit call MarketPro clunky, and several mention trade restrictions placed on options or speculative stocks.",
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                        "text": "Low interest on uninvested cash",
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                        "text": ", raised by reviewers and in a 2023 lawsuit.",
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                "content": [
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                        "text": "July 2026:",
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                      {
                        "text": " new Trustpilot reviews complain about trading blocks on a transferred retirement account and repeated paperwork on an inherited account. Nothing else dated in the last 90 days.",
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                        "text": "Trustpilot",
                        "type": "text"
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                      {
                        "text": ": the main review page.",
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                        "text": "Sitejabber",
                        "type": "text"
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                        "text": ": customer reviews, mostly negative.",
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              {
                "content": [
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                        "text": "Forex Peace Army",
                        "type": "text"
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                      {
                        "text": ": a listing page with little review activity.",
                        "type": "text"
                      }
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                    "type": "paragraph"
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              {
                "content": [
                  {
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                        "text": "r/MerrillEdge",
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                      {
                        "text": ": the customer subreddit, plus threads in r/Bogleheads and r/options.",
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      "seo_description": "Merrill Edge is a SEC and FINRA regulated US broker from Bank of America with no minimum deposit, $0 stock, ETF and options trades, MarketPro and SIPC cover.",
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      "slug": "vanguard",
      "name": "Vanguard",
      "tagline": "US index fund pioneer with a low-cost brokerage built for buy-and-hold investors",
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                "text": "Vanguard is the US investment giant that brought index funds to ordinary investors back in 1976, and its brokerage is built around that idea. It suits people who want to buy low-cost funds and ETFs and leave them alone for years. It's not a trading shop and doesn't pretend to be one. The brokerage runs through Vanguard Marketing Corporation, a FINRA member broker-dealer, and The Vanguard Group is registered with the SEC as an investment adviser. It mainly serves US clients and doesn't accept UK residents.",
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                "text": "Accounts and costs",
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          {
            "content": [
              {
                "text": "You can open a regular brokerage account, a Roth or traditional IRA, a 529 college savings plan or a Cash Plus account for spare cash. There's no minimum balance to open a brokerage account, and stocks and ETFs trade commission free online. Most Vanguard mutual funds need $3,000 to get in, or $1,000 for target retirement funds. There's a $25 annual service fee, but signing up for e-delivery waives it. Phone-assisted trades and some bond trades carry extra charges.",
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                "text": "Platforms and markets",
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            "content": [
              {
                "text": "You invest through Vanguard's website and its iOS and Android apps. They're simple by design, and you can't connect TradingView or any third-party trading platform. You can buy stocks, ETFs, Vanguard and other mutual funds, options, CDs and bonds. Vanguard stopped allowing purchases of leveraged and inverse funds in 2019, and there's no crypto or futures.",
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            "content": [
              {
                "text": "Money moves by ACH bank transfer or wire from accounts in your own name. ACH deposits and withdrawals are free and usually land in a couple of business days. Outgoing wires cost $10 unless you have at least $1 million with Vanguard.",
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        "Built for long-term investors, with a basic trading platform",
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                "text": "Vanguard has very few reviews on the usual review sites for a firm its size, and the ones that exist are mostly complaints. Its US Trustpilot page has only about 43 reviews and our sources show no current score for it. SmartCustomer shows 2.8 from 44 reviews, and Forex Peace Army lists Vanguard with no reviews yet. The fuller picture comes from Reddit's r/Bogleheads and the Bogleheads forum, where long-term index investors discuss it at length: they like the funds and the ownership structure, and they dislike the website and the service.",
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                        "text": "Low-cost funds and the ownership model.",
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                        "text": "Fine for buy and hold.",
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                        "text": " Several say the platform does what a long-term investor needs, and some see its plainness as a guard against overtrading.",
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                        "text": "Good experiences on the phone.",
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                        "text": " Some long-time customers say calls were handled well when they needed them.",
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                        "text": "A dated website and app.",
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                        "text": " The most common complaint on Reddit is a clunky interface, missing performance data and features that other brokers have had for years.",
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                        "text": "Withdrawal restrictions on new accounts.",
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                        "text": " Bogleheads forum threads describe new accounts blocked from online withdrawals to the linked bank for long periods, with each one needing a phone call to approve.",
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                        "text": " Trustpilot, SmartCustomer, BBB and ComplaintsBoard reviewers describe long holds, conflicting answers and repeated hand-offs, especially for estates, hardship withdrawals and transfers abroad.",
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                        "text": "Trouble for investors outside the US.",
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                      {
                        "text": " Several reviewers say moving money out to a foreign bank took weeks or months, and a UK Reddit thread warns of similar trouble on the UK platform.",
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                "content": [
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                        "text": "July 2026:",
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                      {
                        "text": " a Trustpilot reviewer said customer service had got noticeably worse, and an r/Bogleheads thread weighed Vanguard's low costs against gaps such as no 24/7 support and no HSAs.",
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                "text": "Where this comes from",
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                        "text": "Trustpilot",
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                        "text": ": Vanguard's US review page, small.",
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                        "text": "Forex Peace Army",
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                        "text": ": a listing with no reviews yet.",
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                        "text": "SmartCustomer",
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                        "text": "ComplaintsBoard",
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                        "text": "Reddit",
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                        "text": "Bogleheads forum",
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      "slug": "ally-invest",
      "name": "Ally Invest",
      "tagline": "US online broker tied to Ally Bank, with $0 commission stocks, ETFs and options",
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            "content": [
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                "text": "Ally Invest is the investing arm of Ally Financial, the US online bank. It's built for US investors who want low costs and like having their brokerage sit next to their Ally Bank accounts. The broker side, Ally Invest Securities LLC, is registered with the SEC and a FINRA member, and accounts carry SIPC cover up to $500,000. The advice side is Ally Invest Advisors, an SEC-registered investment adviser. It's not set up for clients outside the US.",
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              {
                "text": " account has no minimum and no commission on most US-listed stocks and ETFs. Options trades are commission-free too, though contract fees apply. If you want to trade on margin, you'll need $2,000 in the account. There are also ",
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                "text": " from $100, where you pick between no advisory fee or 0.30% a year, and ",
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                "text": " for $100,000 or more, with a blended fee of up to 0.85%. IRAs are available with no yearly maintenance fee, though closing one costs $25.",
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                "text": "You trade through Ally's own website and mobile app, which include charts, screeners and TipRanks stock ratings. There's no TradingView link and no MetaTrader. Markets are US stocks, ETFs, options, bonds and mutual funds. You won't find futures, crypto, fractional shares or non-US exchanges here. Forex has been offered through Forex.com rather than Ally itself.",
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                "text": "Funding is by bank: ACH transfers, transfers from a linked Ally Bank account, wires and checks. ACH withdrawals are free. A wire out costs $30, a check costs $5, and moving your account to another broker costs $50 per transfer.",
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                "text": "There is no large review page for Ally Invest on its own. The main Trustpilot page covers all of Ally Financial, about 1,700 reviews spanning banking, car loans and investing, and the bundle shows no current score for it; third-party sites put Ally's Trustpilot scores between about 2 and 2.5. Most of what traders say about the brokerage itself comes from Reddit, where users tend to like Ally as a bank and dislike it as a broker. The Sitejabber page has only 2 reviews, at 1.8.",
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                        "text": "No-fee mutual funds.",
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                        "text": ": Ally Financial's review page, covering all its products.",
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                        "text": "Forex Peace Army",
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                        "text": ": a small set of trader reviews.",
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                        "text": "BBB",
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                        "text": "Myfxbook",
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                        "text": ": a review page with little on it.",
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                        "text": "Reddit",
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                        "text": ": a thread on whether Ally Invest will improve.",
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                "text": "DEGIRO is a low-cost stockbroker for European investors, started in Amsterdam in 2008 and now part of flatexDEGIRO, a German bank listed in Frankfurt. It suits buy-and-hold investors who want cheap access to shares and ETFs on markets around the world, and it serves over 3 million clients in more than a dozen European countries. The bank is supervised by BaFin in Germany, the Dutch branch that trades as DEGIRO is overseen by the AFM and DNB, and DEGIRO B.V. appears on the UK's FCA register.",
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                "text": "There's no minimum deposit, and no account, custody, inactivity, deposit or withdrawal fees (mutual funds carry a monthly service fee). Commissions are low: about €2 to buy US shares, and ETFs on the Core Selection list only carry a €1 handling fee. Trades in another currency go through Auto FX, which adds 0.25% each way. Margin and securities lending are available, but there's no forex trading and no demo account.",
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                "text": "Funding is by bank transfer from an account in your name, and Wise, Revolut and PayPal deposits aren't accepted. Some countries, such as Germany and Spain, can use e-wallets. DEGIRO doesn't charge for deposits or withdrawals, withdrawals go back to your bank by transfer only, and they usually arrive in about a day.",
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                "text": "DEGIRO's review footprint is thinner than its size suggests. Its UK Trustpilot page has about 770 reviews, but our evidence does not show the score. G2 has 12 user reviews, also without a visible score, and a tiny Reviews.io page for degiro.fr sits at 1.0 from 9 reviews, most of them fund-recovery spam rather than customer reviews. The fullest picture comes from Reddit, where European ETF investors discuss the broker at length: generally content with the cost and simplicity, less happy about fee rises and a dated platform.",
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                        "text": "Fees creeping up.",
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                        "text": " Several long-time users on r/DEGIRO say commissions on some exchanges have risen enough that it is no longer the cheap option, and some have moved to Interactive Brokers or Trade Republic.",
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                        "text": " Reviewers and Curvo point to a per-line charge for moving holdings to another broker.",
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                        "text": "Trustpilot (UK)",
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "G2",
                        "type": "text"
                      },
                      {
                        "text": ": a small set of user reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reviews.io (degiro.fr)",
                        "type": "text"
                      },
                      {
                        "text": ": a tiny, spam-heavy page.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": a stock broker page with little activity.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                              "href": "https://www.reddit.com/r/DEGIRO/",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "r/DEGIRO",
                        "type": "text"
                      },
                      {
                        "text": ": the unofficial user subreddit, plus threads on r/eupersonalfinance.",
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                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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            ],
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          }
        ],
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      },
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      "featured": false,
      "sort_order": 630,
      "seo_title": "DEGIRO review: regulation, fees and platforms",
      "seo_description": "DEGIRO is a BaFin and AFM regulated European stockbroker with no minimum deposit, low fees on stocks and ETFs, and options and futures on 50+ exchanges.",
      "logo": "/logos/brokers/degiro.png"
    },
    {
      "slug": "freetrade",
      "name": "Freetrade",
      "tagline": "UK investing app with commission-free trades and a free ISA, SIPP and Junior ISA",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "Freetrade is a UK investing app for people building a long-term portfolio rather than day trading. Its big selling point is that every plan, including the free one, comes with a Stocks and Shares ISA, a SIPP, a Junior ISA and a general investment account, with no commission on trades. Freetrade Limited is authorised and regulated by the FCA, and the company is now part of IG Group, which is listed in the FTSE 100.",
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          },
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            "attrs": {
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            "content": [
              {
                "text": "Accounts and costs",
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              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "You pick a plan rather than an account type. Basic is £0 a month and charges a 0.99% FX fee whenever you buy or sell something not priced in pounds. Standard costs £4.99 a month (or £59.88 a year) and cuts the FX fee to 0.59%, and Plus is £9.99 a month (or £119.88 a year) with a 0.39% FX fee, free same-day withdrawals and priority support. All plans pay some interest on uninvested cash, rising with the plan. You can start with as little as £1. There's no leverage or short selling.",
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            ],
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            },
            "content": [
              {
                "text": "Platforms and markets",
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            ],
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          },
          {
            "content": [
              {
                "text": "Everything runs through Freetrade's own app and web platform; there's no MetaTrader or TradingView. You get more than 8,600 investments: UK, US and European shares, ETFs, mutual funds, investment trusts, REITs, gilts, UK Treasury bills, plus some crypto ETNs. US shares can be bought in fractions, and you can set limit orders, stop losses and recurring orders.",
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              }
            ],
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          },
          {
            "attrs": {
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            "content": [
              {
                "text": "Money in and out",
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              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "Deposits go in by bank transfer, debit card, Apple Pay or Google Pay, with no deposit fee. Standard withdrawals to your bank are free and usually take a couple of days. Same-day withdrawals cost £5 unless you're on Plus. Eligible cash and investments are covered by the FSCS up to £85,000, and client assets are held in ring-fenced accounts.",
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      "website_url": "https://freetrade.io",
      "founded_year": 2015,
      "headquarters": "London, United Kingdom",
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      "primary_category": "stocks",
      "categories": [
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      ],
      "markets": [
        "stocks",
        "etfs",
        "bonds"
      ],
      "regulators": [
        {
          "regulator": "fca",
          "entity": "Freetrade Limited",
          "licence": "783189"
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      "platforms": [
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      ],
      "accounts": [
        {
          "name": "Basic plan",
          "min_deposit": 1,
          "currency": "GBP",
          "pricing": "£0 a month, commission-free trades, 0.99% FX fee on non-GBP trades",
          "max_leverage": ""
        },
        {
          "name": "Standard plan",
          "min_deposit": 1,
          "currency": "GBP",
          "pricing": "£4.99 a month (£59.88 billed annually), commission-free trades, 0.59% FX fee on non-GBP trades",
          "max_leverage": ""
        },
        {
          "name": "Plus plan",
          "min_deposit": 1,
          "currency": "GBP",
          "pricing": "£9.99 a month (£119.88 billed annually), commission-free trades, 0.39% FX fee on non-GBP trades, free same-day withdrawals",
          "max_leverage": ""
        }
      ],
      "min_deposit": 1,
      "min_deposit_currency": "GBP",
      "payment_methods": [
        "bank",
        "card",
        "apple_pay",
        "google_pay"
      ],
      "features": {
        "fractional_shares": true,
        "isa_or_tax_wrappers": true,
        "segregated_funds": true
      },
      "investor_protection": "FSCS up to £85,000 for eligible deposits and investments",
      "restricted_countries": [],
      "pros": [
        "FCA regulated and part of FTSE 100 listed IG Group",
        "Commission-free trading on every plan",
        "Free Stocks and Shares ISA, SIPP, Junior ISA and GIA on the Basic plan",
        "8,600+ stocks, ETFs, funds, investment trusts, gilts and Treasury bills",
        "US fractional shares and interest on uninvested cash",
        "Start investing from £1"
      ],
      "cons": [
        "FX fee of up to 0.99% on non-GBP trades on the free plan",
        "No leverage, short selling or CFDs",
        "Light on research and charting compared with trading platforms",
        "Same-day withdrawals cost £5 unless you're on Plus",
        "UK investors only"
      ],
      "review_sources": [
        {
          "source": "trustpilot",
          "rating": 4.3,
          "scale": 5,
          "count": 7474,
          "url": "https://www.trustpilot.com/review/freetrade.io",
          "checked_on": "2026-10-06"
        },
        {
          "source": "forexpeacearmy",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.forexpeacearmy.com/forex-reviews/17248/freetrade-stock-brokers",
          "checked_on": "2026-10-06"
        },
        {
          "source": "reddit",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.reddit.com/r/FreetradeApp/",
          "checked_on": "2026-10-06"
        }
      ],
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          {
            "content": [
              {
                "text": "Freetrade is well liked by most of the UK investors who review it. It holds 4.3 on Trustpilot from about 7,500 reviews (the decimal as reported by Money to the Masses in July 2026). Reddit users in r/FreetradeApp noted a wave of negative Trustpilot reviews after the sale to IG Group in early 2025, though the score has stayed in the low 4s. Most complaints are about fees on foreign trades and occasional withdrawal hold-ups.",
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              {
                "text": "What traders like",
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                        "text": "Simple app.",
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                        "text": " Many reviewers on Trustpilot and Reddit describe the app as clean and easy to use, especially for beginners.",
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                        "text": "Low cost for UK investing.",
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                      },
                      {
                        "text": " Commission-free trades, fractional US shares and a cheap ISA and SIPP get frequent praise, and some say they would pay far more at a traditional platform.",
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                ],
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              {
                "content": [
                  {
                    "content": [
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                        "text": "Withdrawals that work.",
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                      },
                      {
                        "text": " Several Reddit users say they have withdrawn without trouble over years of use.",
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                      }
                    ],
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                ],
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              },
              {
                "content": [
                  {
                    "content": [
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                        "marks": [
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                        "text": "Pension and transfer features.",
                        "type": "text"
                      },
                      {
                        "text": " Some recent Trustpilot reviewers mention moving a workplace pension in and using the treasury feature for cash.",
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            ],
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            "attrs": {
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            "content": [
              {
                "text": "Common complaints",
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            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
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                        "text": "FX fees.",
                        "type": "text"
                      },
                      {
                        "text": " A common complaint on Reddit and Trustpilot is the currency conversion charge on US shares, up to 0.99% on the free plan, which some compare unfavourably with Trading 212.",
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                      }
                    ],
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                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
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                        "text": "Withdrawal delays.",
                        "type": "text"
                      },
                      {
                        "text": " A minority of Trustpilot and Reddit reviewers say withdrawals were stuck for a week or more with repeated holding replies from support.",
                        "type": "text"
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                    ],
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                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
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                        "text": "Paywalled features.",
                        "type": "text"
                      },
                      {
                        "text": " Some say parts of the stock range and order types sit behind paid plans, and that the range is smaller than at Trading 212 or Hargreaves Lansdown.",
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                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              {
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                    "content": [
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                        "text": "Live pricing.",
                        "type": "text"
                      },
                      {
                        "text": " A few reviewers raise problems with prices shown in the app.",
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            "content": [
              {
                "text": "Recently",
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            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
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                        "marks": [
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                        "text": "September 2026:",
                        "type": "text"
                      },
                      {
                        "text": " Trustpilot reviews include complaints about ISA cash that could not be withdrawn for over a week, and Freetrade replied on 3 September to a review about pricing. Positive reviews in the same period mention pension transfers.",
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                      }
                    ],
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            "content": [
              {
                "text": "Where this comes from",
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            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                              "href": "https://www.trustpilot.com/review/freetrade.io",
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the main review page, the largest pool.",
                        "type": "text"
                      }
                    ],
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                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                              "href": "https://www.forexpeacearmy.com/forex-reviews/17248/freetrade-stock-brokers",
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": a stock broker listing.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit",
                        "type": "text"
                      },
                      {
                        "text": ": the r/FreetradeApp community, plus threads in r/UKPersonalFinance.",
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                      }
                    ],
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                  }
                ],
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            ],
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      "sort_order": 640,
      "seo_title": "Freetrade review: regulation, fees and platforms",
      "seo_description": "Freetrade review: FCA regulated UK investing app, start from £1, commission-free stocks, ETFs and gilts, free ISA, SIPP and Junior ISA, FX fees from 0.39%.",
      "logo": "/logos/brokers/freetrade.png"
    },
    {
      "slug": "hargreaves-lansdown",
      "name": "Hargreaves Lansdown",
      "tagline": "The UK's largest DIY investment platform for shares, funds, ISAs and SIPPs",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "Hargreaves Lansdown, usually just called HL, is the UK's biggest DIY investment platform. It's been going since 1981, it's based in Bristol, and it looks after money for more than two million people. This isn't a trading broker in the CFD sense: there's no leverage, no spread betting and no forex trading. It suits UK investors who want shares, funds and tax wrappers in one place with good research, and don't mind paying a bit more. The group's companies are authorised by the FCA.",
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              }
            ],
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          },
          {
            "attrs": {
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            },
            "content": [
              {
                "text": "Accounts and costs",
                "type": "text"
              }
            ],
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          },
          {
            "content": [
              {
                "text": "The core accounts are the Fund and Share Account, the Stocks and Shares ISA and the SIPP. There's also a Lifetime ISA with a 25% government bonus, a Junior ISA, a Junior SIPP and a Bare Trust for children. The Fund and Share Account starts from £1, and if you only hold shares and ETFs there's no account fee, while funds carry an annual charge of 0.1% to 0.45%. Reviewers say active traders will find HL pricier than discount brokers. Cash can go into Active Savings, which lines up rates from over 30 banks.",
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            "content": [
              {
                "text": "Platforms and markets",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "You use HL's own website and app. Since late 2025 the platform has TradingView's Advanced Charts built in, but you can't place trades through TradingView itself, and there's no MetaTrader. You can buy UK and overseas shares, ETFs, investment trusts and funds, plus things like VCTs and crypto ETNs in the advanced section.",
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              }
            ],
            "type": "paragraph"
          },
          {
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            "content": [
              {
                "text": "Money in and out",
                "type": "text"
              }
            ],
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          },
          {
            "content": [
              {
                "text": "You pay in by bank transfer or debit card from an account in your own name. Withdrawals go by Faster Payments to your nominated bank, and HL doesn't charge for them or for inactivity. Eligible client money is covered by the FSCS up to £85,000.",
                "type": "text"
              }
            ],
            "type": "paragraph"
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        ],
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      },
      "website_url": "https://www.hl.co.uk",
      "founded_year": 1981,
      "headquarters": "Bristol, United Kingdom",
      "brand_color": "",
      "primary_category": "stocks",
      "categories": [
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      ],
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        "stocks",
        "etfs"
      ],
      "regulators": [
        {
          "regulator": "fca",
          "entity": "Hargreaves Lansdown Asset Management Limited",
          "licence": "115248"
        },
        {
          "regulator": "fca",
          "entity": "Hargreaves Lansdown Fund Managers Limited",
          "licence": "166016"
        },
        {
          "regulator": "fca",
          "entity": "Hargreaves Lansdown Savings Limited",
          "licence": "915119 (payment services)"
        },
        {
          "regulator": "fca",
          "entity": "Hargreaves Lansdown Savings Limited",
          "licence": "901007 (e-money)"
        }
      ],
      "platforms": [
        "proprietary"
      ],
      "accounts": [
        {
          "name": "Fund and Share Account",
          "min_deposit": 1,
          "currency": "GBP",
          "pricing": "No account fee when holding only shares and ETFs; funds carry an annual fee of 0.1% to 0.45% depending on value",
          "max_leverage": ""
        },
        {
          "name": "Stocks and Shares ISA",
          "min_deposit": null,
          "currency": "GBP",
          "pricing": "Invest free from UK tax",
          "max_leverage": ""
        },
        {
          "name": "Lifetime ISA",
          "min_deposit": null,
          "currency": "GBP",
          "pricing": "25% government bonus, up to £1,000 a year",
          "max_leverage": ""
        },
        {
          "name": "Junior Stocks and Shares ISA",
          "min_deposit": null,
          "currency": "GBP",
          "pricing": "",
          "max_leverage": ""
        },
        {
          "name": "SIPP",
          "min_deposit": null,
          "currency": "GBP",
          "pricing": "Up to 45% tax relief on pension contributions",
          "max_leverage": ""
        },
        {
          "name": "Junior SIPP",
          "min_deposit": null,
          "currency": "GBP",
          "pricing": "",
          "max_leverage": ""
        },
        {
          "name": "Bare Trust Account",
          "min_deposit": null,
          "currency": "GBP",
          "pricing": "",
          "max_leverage": ""
        },
        {
          "name": "Active Savings Account",
          "min_deposit": null,
          "currency": "GBP",
          "pricing": "Easy access rates up to 4.00% AER and fixed rates up to 5.05% AER from 30+ banks",
          "max_leverage": ""
        }
      ],
      "min_deposit": 1,
      "min_deposit_currency": "GBP",
      "payment_methods": [
        "bank",
        "card"
      ],
      "features": {
        "isa_or_tax_wrappers": true
      },
      "investor_protection": "FSCS up to £85,000 per investor",
      "restricted_countries": [],
      "pros": [
        "FCA regulated and around since 1981, with more than two million clients",
        "Full set of UK wrappers: ISA, Lifetime ISA, Junior ISA, SIPP, Junior SIPP and bare trust",
        "No withdrawal or inactivity fees",
        "TradingView Advanced Charts built into the HL platform",
        "Cash savings from 30+ banks under one login"
      ],
      "cons": [
        "Costs are higher than discount brokers for active traders",
        "No CFDs, spread betting, margin or leverage",
        "Cannot trade through TradingView or MetaTrader",
        "Only a selection of international markets"
      ],
      "review_sources": [
        {
          "source": "trustpilot",
          "rating": 4.4,
          "scale": 5,
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            "content": [
              {
                "content": [
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                        "text": "August 2026:",
                        "type": "text"
                      },
                      {
                        "text": " MoneySavingExpert forum users discuss AJ Bell as a single SIPP for drawdown, with mixed views on its forms.",
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                      }
                    ],
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                ],
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                "content": [
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                        "text": "September to October 2026:",
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                      },
                      {
                        "text": " recent Trustpilot reviews keep praising transfers. One describes an ISA withdrawal in late September that left the account but was then held for source-of-funds checks.",
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                "text": "Where this comes from",
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                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the company's main review page, a very large pool of reviews.",
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                        "text": "MoneySavingExpert Forum",
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                      {
                        "text": ": investor discussion on SIPPs and withdrawals.",
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                        "text": "Reddit search",
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                      {
                        "text": ": threads in r/UKPersonalFinance and r/FIREUK.",
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      "seo_title": "AJ Bell review: regulation, fees and accounts",
      "seo_description": "AJ Bell review: FCA-regulated UK platform with ISAs, SIPPs and a Dealing account, regular investing from £25 a month, shares in 24 markets, ETFs and bonds.",
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    {
      "slug": "interactive-investor",
      "name": "Interactive Investor",
      "tagline": "UK flat-fee investment platform for shares, funds, ISAs and SIPPs",
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            "content": [
              {
                "text": "Interactive Investor, usually called ii, is a UK investment platform rather than a trading broker. It suits long-term investors with a decent-sized pot who want to hold shares, funds and ETFs in an ISA or pension without paying a percentage of their wealth every year. Brokerage is run by Interactive Investor Services Limited in Manchester, which is authorised and regulated by the FCA. It has more than 500,000 customers and says over half have stayed for ten years or longer.",
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            "content": [
              {
                "text": "Accounts and costs",
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          {
            "content": [
              {
                "text": "You can open a Trading Account, a Stocks \u0026 Shares ISA, a Managed ISA, a Junior ISA or a Personal Pension (SIPP). The big selling point is the pricing model: a flat monthly fee instead of a percentage of your portfolio, so the bigger your pot gets, the cheaper it is in relative terms. On a small pot the reverse can be true, so do the sums. There's no minimum deposit on the ISA or Trading Account and no inactivity fee. There are usually sign-up offers too, such as free trades on a new ISA or Trading Account and cashback on SIPP transfers.",
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                "text": "Platforms and markets",
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            "content": [
              {
                "text": "ii runs its own website and mobile app. It isn't a charting platform and there's no MetaTrader or TradingView. You get direct access to UK, US and several other global share markets, over 1,000 ETFs, funds, investment trusts, bonds and gilts. Experienced investors can ask about more complex instruments, but the focus is buy-and-hold investing.",
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                "text": "Money in and out",
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            "content": [
              {
                "text": "You can pay in by debit card, which lands instantly, or by bank transfer from an account in your own name. Withdrawals go back by bank transfer only. Standard withdrawals in pounds and euros are free, and they usually take around two days to arrive.",
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        {
          "name": "Personal Pension (SIPP)",
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          "currency": "GBP",
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          "name": "Junior ISA",
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        "Flat monthly fee instead of a percentage of your pot",
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        "Direct access to UK, US and other global share markets",
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        "No inactivity fee and free standard withdrawals",
        "UK-based phone support and over 500,000 customers"
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        "A flat fee costs more than percentage pricing on small pots",
        "No MetaTrader, TradingView or advanced charting",
        "Withdrawals only by bank transfer",
        "Not built for active short-term traders"
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          "rating": 4.6,
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          "label": "Good Money Guide",
          "rating": 4.3,
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          "count": 1125,
          "url": "https://goodmoneyguide.com/review/interactive-investor/",
          "checked_on": "2026-10-06"
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                "text": "Interactive investor (ii) is one of the best-reviewed UK investment platforms. It holds 4.6 on Trustpilot from about 29,000 reviews and 4.3 from about 1,100 user reviews on Good Money Guide. One review site puts the share of negative Trustpilot reviews at around 7%. Its customers are mostly long-term ISA and SIPP investors rather than active traders, and the reviews reflect that.",
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                "text": "What traders like",
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                        "text": "Phone and message support.",
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                        "text": " The most common praise by far. Many reviewers name individual staff who explained a transfer, a new product or a fee change patiently and quickly.",
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                        "text": "Flat monthly fee.",
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                        "text": "Pension and ISA transfers.",
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                        "text": " Several reviewers describe smooth SIPP and pension transfers, sometimes helped by cashback offers.",
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                        "text": "Ease of use.",
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                        "text": " The website and app are often called clear and easy, and some like the ii Community feature.",
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                        "text": "Transfer and withdrawal delays.",
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                        "text": " The most repeated complaint among the low reviews is slow transfers in or out, and a few forum posters say online withdrawals failed and needed several phone calls.",
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                        "text": "Fees for smaller accounts.",
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                        "text": " Some reviewers were surprised by the monthly fee, which works out expensive on a small portfolio.",
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                        "text": "Account access rules.",
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                        "text": " A few reviewers say they were blocked from full online services because of residency or identity checks.",
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                        "text": "Admin errors.",
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                        "text": " Complaint sites list administration problems and ISA access issues as the most common categories.",
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                "text": "Recently",
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                        "text": "September 2026:",
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                        "text": " the Trustpilot count passed 28,900, with recent reviews still dominated by praise for named support staff.",
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                        "text": "October 2026:",
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                        "text": " a review site updated its figures, again noting that the small share of negative reviews mostly concerns transfer delays.",
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                "text": "Where this comes from",
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                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the main review page, the biggest pool of reviews.",
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              {
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                        "text": "Good Money Guide",
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                        "text": ": user reviews from UK investors.",
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              {
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                        "text": "Citywire forum",
                        "type": "text"
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                      {
                        "text": ": a thread on a withdrawal that would not go through online.",
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              {
                "content": [
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                        "text": "Resolver",
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                      {
                        "text": ": the complaint categories raised against ii.",
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      "seo_title": "Interactive Investor review: fees, accounts and platform",
      "seo_description": "Interactive Investor (ii): FCA-regulated UK flat-fee platform with no minimum deposit, ISAs, SIPPs and trading accounts for UK, US and global shares and funds.",
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      "slug": "lightyear",
      "name": "Lightyear",
      "tagline": "Low-cost UK and EU investing app with commission-free stocks, ETFs and ISAs",
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            "content": [
              {
                "text": "Lightyear is an investing app for people in the UK and Europe who want to buy stocks and ETFs cheaply and leave them there. It's not a trading platform: there's no leverage, no margin and no CFDs. UK customers are with Lightyear UK Ltd, regulated by the FCA, and EU customers with Lightyear Europe AS, licensed by Estonia's financial regulator.",
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                "text": "Accounts and costs",
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            "content": [
              {
                "text": "UK investors can open a Stocks \u0026 Shares ISA, a General Investment Account, a Cash ISA or a business account, with no minimum deposit. There's no commission and no account or custody fee. What you pay is a 0.1% FX fee when you convert currency, at the live interbank rate, and the GIA lets you hold pounds, dollars and euros so you aren't converting on every trade. Ready-made Plans from BlackRock and Vanguard carry the usual fund manager fees. EU pricing is a little different, with small per-order fees on stocks and no order fee on ETFs. Spare cash can sit in Vaults, money market funds run by BlackRock, which pay a variable rate.",
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                "text": "Everything runs through Lightyear's own mobile and web app. It doesn't connect to TradingView or MetaTrader. You get 6,000+ instruments: 4,000+ US stocks, UK and European shares, ETFs, UK gilts and money market funds, and the EU help centre also covers crypto. You can buy fractional shares and set up auto-investing into a Plan.",
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                "text": "Bank transfers in and out are free in GBP, EUR and USD. Card, Apple Pay and Google Pay deposits are quicker but cost 0.6%, and receiving a USD wire costs up to $8.50. There's no withdrawal fee.",
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          "pricing": "£0 commission, no account or custody fees; 0.1% FX fee; holds GBP, USD and EUR",
          "max_leverage": ""
        },
        {
          "name": "Personal account (EU)",
          "min_deposit": 0,
          "currency": "EUR",
          "pricing": "ETFs with no order fee; small per-order fees on stocks, e.g. €1 on EU stocks and 0.1% (max $1) on US stocks",
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        "No commission and no account fee for UK investors",
        "Low 0.1% FX fee at the interbank rate, with GBP, USD and EUR balances",
        "Stocks \u0026 Shares ISA and Cash ISA",
        "Interest on cash through BlackRock money market Vaults",
        "Free bank transfers in and out"
      ],
      "cons": [
        "No margin, options, futures, CFDs or forex",
        "0.6% fee on card, Apple Pay and Google Pay deposits",
        "No TradingView or MetaTrader connection",
        "Narrower market list than the big global brokers"
      ],
      "review_sources": [
        {
          "source": "trustpilot",
          "rating": 4,
          "scale": 5,
          "count": 2832,
          "url": "https://www.trustpilot.com/review/lightyear.com",
          "checked_on": "2026-10-06"
        },
        {
          "source": "other",
          "label": "Good Money Guide (user reviews)",
          "rating": 4.9,
          "scale": 5,
          "count": 676,
          "url": "https://goodmoneyguide.com/review/lightyear/",
          "checked_on": "2026-10-06"
        },
        {
          "source": "forexpeacearmy",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.forexpeacearmy.com/forex-reviews/23061/lightyear-review",
          "checked_on": "2026-10-06"
        },
        {
          "source": "reddit",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.reddit.com/r/eupersonalfinance/comments/1aim1i1/any_reasons_not_to_use_lightyear/",
          "checked_on": "2026-10-06"
        }
      ],
      "review_summary_json": {
        "content": [
          {
            "content": [
              {
                "text": "Lightyear is one of the better-reviewed investing apps in Europe and the UK. Its Trustpilot page shows a 4-star rating from about 2,800 reviews, and several review sites quote its TrustScore at 4.7, with one counting about 81% five-star and 1% one-star reviews. User reviews on Good Money Guide average 4.9 from 676. Forex Peace Army has a page but no reviews in the evidence. Complaints are few and mostly about withdrawals or compliance checks.",
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              }
            ],
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            },
            "content": [
              {
                "text": "What traders like",
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                  {
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                        ],
                        "text": "A clean, simple app.",
                        "type": "text"
                      },
                      {
                        "text": " The most common praise on Trustpilot and Reddit is the interface: clear prices, quick to learn, good for people new to investing.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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                    "content": [
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                          }
                        ],
                        "text": "Low fees.",
                        "type": "text"
                      },
                      {
                        "text": " Reviewers mention free ETF trades, low FX conversion costs (one says better than Revolut) and no account fees.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Interest on cash.",
                        "type": "text"
                      },
                      {
                        "text": " Reddit users like earning interest on uninvested money, paid out monthly.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Local tax accounts.",
                        "type": "text"
                      },
                      {
                        "text": " Hungarian users single out the TBSZ account and its clear instructions, and UK users mention the ISA.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Responsive support.",
                        "type": "text"
                      },
                      {
                        "text": " Several long-term users say support answered quickly when they needed it.",
                        "type": "text"
                      }
                    ],
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                ],
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              }
            ],
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            "content": [
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                "text": "Common complaints",
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            ],
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          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                            "type": "bold"
                          }
                        ],
                        "text": "Withdrawals held up.",
                        "type": "text"
                      },
                      {
                        "text": " A small number of reviewers say withdrawals did not arrive or were frozen during a source-of-wealth review with little explanation. Others on Reddit report large withdrawals landing within a day.",
                        "type": "text"
                      }
                    ],
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                ],
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              },
              {
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                  {
                    "content": [
                      {
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                          {
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                        ],
                        "text": "Limited range.",
                        "type": "text"
                      },
                      {
                        "text": " Some say the ETF selection is narrower than rivals and there is no out-of-hours trading or pension account.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Young company.",
                        "type": "text"
                      },
                      {
                        "text": " A few Reddit users note Lightyear is a private startup with a short track record, and some see no reason to pick it over Trading 212 or XTB.",
                        "type": "text"
                      }
                    ],
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                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Technical glitches.",
                        "type": "text"
                      },
                      {
                        "text": " Money To The Masses says the one-star reviews it read mostly cite technical issues.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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                ],
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              }
            ],
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            },
            "content": [
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                "text": "Recently",
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              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
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                          }
                        ],
                        "text": "October 2026:",
                        "type": "text"
                      },
                      {
                        "text": " a Trustpilot reviewer this week says two withdrawals have not arrived; Lightyear replied that the case was escalated.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
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                          }
                        ],
                        "text": "August to September 2026:",
                        "type": "text"
                      },
                      {
                        "text": " review sites continue to quote a 4.7 TrustScore.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.trustpilot.com/review/lightyear.com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the main review page.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
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                          {
                            "attrs": {
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Good Money Guide",
                        "type": "text"
                      },
                      {
                        "text": ": user reviews alongside an editorial review.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": a review page with little activity.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                              "href": "https://www.reddit.com/r/eupersonalfinance/comments/1aim1i1/any_reasons_not_to_use_lightyear/",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit",
                        "type": "text"
                      },
                      {
                        "text": ": a r/eupersonalfinance thread on reasons not to use Lightyear.",
                        "type": "text"
                      }
                    ],
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                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Money To The Masses",
                        "type": "text"
                      },
                      {
                        "text": ": a review with a breakdown of Trustpilot ratings.",
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            ],
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      "seo_title": "Lightyear review: regulation, fees and platforms",
      "seo_description": "Lightyear review: FCA and Estonian FSA regulated, no minimum deposit, commission-free UK investing with a 0.1% FX fee, ISAs, 6,000+ stocks, ETFs and gilts.",
      "logo": "/logos/brokers/lightyear.png"
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    {
      "slug": "trade-republic",
      "name": "Trade Republic",
      "tagline": "German neobroker and bank with €1 trades, free savings plans and interest on cash",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "Trade Republic is a German neobroker that's grown into a full bank. It's built for long-term investors in Europe who want to buy stocks and ETFs cheaply from their phone, run savings plans and earn interest on spare cash. The company is Trade Republic Bank GmbH in Berlin, founded in 2015 and supervised by BaFin and the Bundesbank. It also holds a MiCA licence from BaFin for its crypto service.",
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            "attrs": {
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            "content": [
              {
                "text": "Accounts and costs",
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              }
            ],
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          {
            "content": [
              {
                "text": "There's one account that combines investing, saving and a current account with a debit card. You don't need a minimum, and you can start investing from €1. Most trades cost a flat €1 with Best Price execution, where Trade Republic compares quotes across several exchanges and fills you at the best one. If you'd like to pick the exchange yourself, Direct Price costs €2 per order. Savings plans are free, and there are no account or inactivity fees. Cash sitting in the account earns interest and is covered by the German deposit guarantee up to €100,000.",
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            ],
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            "content": [
              {
                "text": "Platforms and markets",
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          {
            "content": [
              {
                "text": "Everything runs through the Trade Republic app on iOS and Android, plus a browser version. There's no desktop platform, no MetaTrader and no API. You can buy thousands of stocks, a big range of ETFs, bonds and over 50 cryptocurrencies, along with warrants and knock-outs in some countries. Fractional shares are available on many stocks and ETFs. There are no CFDs, forex, futures or margin, so it's not one for active leveraged traders.",
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              }
            ],
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            "attrs": {
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            "content": [
              {
                "text": "Money in and out",
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              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "Bank transfers in are free. Your first card, Apple Pay or Google Pay deposit is free, then later ones carry a small fee. Withdrawals to your bank are free and usually arrive in about two days. ATM withdrawals under €100 cost €1.",
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              }
            ],
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        ],
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      "categories": [
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          "licence": "10150368"
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        "proprietary"
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        {
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          "currency": "EUR",
          "pricing": "€1 per order with Best Price execution, €2 per order to pick the exchange with Direct Price, savings plans free",
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        "apple_pay",
        "google_pay"
      ],
      "features": {
        "api_trading": false,
        "fractional_shares": true
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        "Fully licensed German bank supervised by BaFin and the Bundesbank",
        "Flat €1 per trade and free savings plans",
        "No minimum, no account fee, no inactivity fee",
        "Interest on uninvested cash, covered up to €100,000",
        "Fractional investing from €1 in stocks and ETFs"
      ],
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        "Mobile and web app only, no desktop, MetaTrader or API",
        "No CFDs, forex, futures or margin",
        "Card and wallet deposits after the first one carry a fee",
        "Limited research and advanced trading tools"
      ],
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        {
          "source": "trustpilot",
          "rating": 4.6,
          "scale": 5,
          "count": 59524,
          "url": "https://www.trustpilot.com/review/www.traderepublic.com",
          "checked_on": "2026-10-06"
        },
        {
          "source": "other",
          "label": "Reviews.io",
          "rating": 1.24,
          "scale": 5,
          "count": 649,
          "url": "https://www.reviews.io/company-reviews/store/traderepublic-com",
          "checked_on": "2026-10-06"
        },
        {
          "source": "other",
          "label": "PissedConsumer",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://trade-republic.pissedconsumer.com/review.html",
          "checked_on": "2026-10-06"
        },
        {
          "source": "reddit",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.reddit.com/r/eupersonalfinance/comments/1n65464/why_is_there_so_much_hate_for_trade_republic/",
          "checked_on": "2026-10-06"
        }
      ],
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          {
            "content": [
              {
                "text": "Trade Republic's ratings depend heavily on where and when you look. Trustpilot now shows 4.6 from about 60,000 reviews, up from 3.7 on about 36,000 in June 2026, and the page notes that the company invites customers to review. Reviews.io sits at 1.24 from about 650, though much of that page reads like unrelated recovery-service posts. Reddit is the most balanced source: people like the app and the cash interest, and most of the anger is about support once something goes wrong.",
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            "content": [
              {
                "text": "What traders like",
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          {
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                        "text": "Low cost.",
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                      },
                      {
                        "text": " A flat €1 per trade and free savings plans come up again and again, especially for monthly ETF investing.",
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                ],
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                        "text": " Many users mention the interest paid on uninvested cash and the card cashback.",
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                        "text": "A simple app.",
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                      {
                        "text": " Reviewers call it quick to sign up for and easy to use for buying and holding.",
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              {
                "content": [
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                        "text": "Withdrawals that work for most.",
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                      },
                      {
                        "text": " Several Irish and German forum users say transfers out arrive within a working day.",
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                      }
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            "content": [
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                "text": "Common complaints",
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          {
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                  {
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                        "text": "Support that is hard to reach.",
                        "type": "text"
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                      {
                        "text": " By far the most common complaint: chatbot loops, copy-paste replies and long waits, with some saying they sent dozens of messages without an answer.",
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              {
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                        "text": "Withdrawals and transfers held up.",
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                      },
                      {
                        "text": " A recurring minority on Reddit and PissedConsumer describe withdrawals blocked or taking up to two weeks, often tied to account checks.",
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                        "text": "Hacked accounts.",
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                      {
                        "text": " Some Reddit users warn that customers whose accounts are drained by fraud struggle to get money back.",
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                    ],
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                ],
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                        "text": "Not built for active traders.",
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                      },
                      {
                        "text": " Reviewers note the lack of charting tools, joint accounts and some international markets.",
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                        "text": "Tax reporting errors.",
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                        "text": " A few users outside Germany report wrong capital gains figures on their statements.",
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            ],
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            "attrs": {
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          {
            "content": [
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                        "text": "June to October 2026:",
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                      },
                      {
                        "text": " the Trustpilot score climbed from 3.7 to 4.6 while the review count rose by roughly 24,000, a period when the company was inviting customers to review. Complaints in that window still centre on support and transfers.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.trustpilot.com/review/www.traderepublic.com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the main review page, the biggest pool of reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.reviews.io/company-reviews/store/traderepublic-com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reviews.io",
                        "type": "text"
                      },
                      {
                        "text": ": a smaller, mostly negative pool.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://trade-republic.pissedconsumer.com/review.html",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "PissedConsumer",
                        "type": "text"
                      },
                      {
                        "text": ": customer complaints.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.reddit.com/r/eupersonalfinance/comments/1n65464/why_is_there_so_much_hate_for_trade_republic/",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit",
                        "type": "text"
                      },
                      {
                        "text": ": a thread weighing the praise against the complaints.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          }
        ],
        "type": "doc"
      },
      "reviews_checked_on": "2026-10-06",
      "featured": false,
      "sort_order": 690,
      "seo_title": "Trade Republic review: regulation, fees and platforms",
      "seo_description": "Trade Republic review: BaFin-supervised German bank, no minimum deposit, €1 trades in stocks, ETFs, bonds and crypto, free savings plans, interest on cash.",
      "logo": "/logos/brokers/trade-republic.png"
    },
    {
      "slug": "scalable-capital",
      "name": "Scalable Capital",
      "tagline": "German neobroker and bank for low-cost ETF savings plans, stocks and crypto",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "Scalable Capital is a Munich neobroker that started out as a robo-adviser and now runs as a full bank, Scalable Capital Bank GmbH, supervised by BaFin and the Bundesbank. It suits European investors, especially in the eurozone, who want to buy ETFs on a savings plan and hold them for years at very low cost. It isn't built for active leveraged trading, and it pulled out of the UK in 2021.",
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              }
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            "attrs": {
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            "content": [
              {
                "text": "Accounts and costs",
                "type": "text"
              }
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          },
          {
            "content": [
              {
                "text": "There are two broker plans. FREE Broker has no monthly fee, charges EUR 0.99 per trade on the European Investor Exchange, and makes PRIME ETF buys of EUR 250 or more free. PRIME+ costs ",
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              },
              {
                "marks": [
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                ],
                "text": "EUR 4.99 a month",
                "type": "text"
              },
              {
                "text": " and makes trades of EUR 250 or more free on that venue, along with derivatives from EUR 250, plus interest on cash. Trades routed to Xetra cost extra on both plans. Savings plans are free from EUR 1, and crypto carries a spread surcharge of around 0.69%. There's no custody or inactivity fee. If you'd rather not pick investments yourself, Scalable Wealth manages an ETF portfolio for you.",
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            "content": [
              {
                "text": "Platforms and markets",
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              }
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          {
            "content": [
              {
                "text": "Everything happens in Scalable's own app and web platform. You get over 8,000 stocks, a big ETF range, bonds, crypto and more than 370,000 warrants and turbos. There's no forex, no CFDs and no futures, and US-listed ETFs without a European KID are off limits, like at most EU brokers. There's no demo account either.",
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              }
            ],
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            "attrs": {
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            "content": [
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                "text": "Money in and out",
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              }
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          },
          {
            "content": [
              {
                "text": "You fund by SEPA bank transfer from your own account, and withdrawals back to it are free. Instant deposits get you trading within seconds but cost 0.99% on FREE or 0.69% on PRIME+, so a normal transfer is the cheaper choice.",
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        "crypto",
        "bonds"
      ],
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          "entity": "Scalable Capital Bank GmbH",
          "licence": ""
        }
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        },
        {
          "name": "PRIME+ Broker",
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          "max_leverage": ""
        },
        {
          "name": "Scalable Wealth",
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          "pricing": "Managed ETF portfolio run by Scalable's team",
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        }
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      "min_deposit_currency": "EUR",
      "payment_methods": [
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      "features": {
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      },
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      "restricted_countries": [
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      ],
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        "Fully licensed German bank supervised by BaFin and the Bundesbank",
        "ETF savings plans from EUR 1 with no execution fee",
        "Flat EUR 0.99 trades, or free trades from EUR 250 on PRIME+",
        "No custody, withdrawal or inactivity fees",
        "Over 8,000 stocks plus ETFs, bonds, crypto and a huge range of warrants"
      ],
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        "No forex, CFDs, futures or exchange-traded options",
        "Instant deposits cost 0.99% (0.69% on PRIME+)",
        "Xetra trades cost more than the EIX venue",
        "No multi-currency accounts and limited exchange access",
        "Users complain support is hard to reach beyond an AI assistant"
      ],
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          "rating": 4,
          "scale": 5,
          "count": 6686,
          "url": "https://www.trustpilot.com/review/scalable.capital",
          "checked_on": "2026-10-06"
        },
        {
          "source": "other",
          "label": "Reviews.io",
          "rating": 1.2,
          "scale": 5,
          "count": 133,
          "url": "https://www.reviews.io/company-reviews/store/scalable.capital",
          "checked_on": "2026-10-06"
        },
        {
          "source": "other",
          "label": "Finanzfluss",
          "rating": null,
          "scale": null,
          "count": 420,
          "url": "https://www.finanzfluss.de/anbieter/scalable-capital/erfahrungen/",
          "checked_on": "2026-10-06"
        },
        {
          "source": "other",
          "label": "Trusteroo",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://trusteroo.com/brands/scalable-capital",
          "checked_on": "2026-10-06"
        },
        {
          "source": "reddit",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.reddit.com/r/ScalableCapital/",
          "checked_on": "2026-10-06"
        }
      ],
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          {
            "content": [
              {
                "text": "Scalable Capital rates well with long-term ETF investors and draws steady complaints about support and moving money. It holds a 4-star rating on Trustpilot from about 6,700 reviews, while the much smaller Reviews.io page shows 1.2 from 133. Finanzfluss has about 420 German-language reviews, and Reddit discussion is spread across r/ScalableCapital, r/Finanzen and r/eupersonalfinance.",
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              }
            ],
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                "text": "What traders like",
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          {
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                        "text": "Simple ETF investing.",
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                        "text": " Many Trustpilot and Trusteroo reviewers say the app is clear and easy for savings plans.",
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                      }
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              {
                "content": [
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                    "content": [
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                        "marks": [
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                        "text": "Low cost.",
                        "type": "text"
                      },
                      {
                        "text": " Reddit users often pick it for cheap trades and free ETF savings plans.",
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              },
              {
                "content": [
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                        "marks": [
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                        "text": "German tax handling.",
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                      },
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                        "text": " Several r/eupersonalfinance posters say it handles German tax for you, which foreign brokers do not.",
                        "type": "text"
                      }
                    ],
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              {
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                    "content": [
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                        "marks": [
                          {
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                          }
                        ],
                        "text": "Interest on cash.",
                        "type": "text"
                      },
                      {
                        "text": " Some keep emergency savings there for the interest rate.",
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                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
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                        ],
                        "text": "Stability.",
                        "type": "text"
                      },
                      {
                        "text": " A few Reddit users say it stays up when rival neobrokers have outages.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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                ],
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              }
            ],
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            "content": [
              {
                "text": "Common complaints",
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            "content": [
              {
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                        "text": "Support.",
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                      },
                      {
                        "text": " The most frequent complaint. Trustpilot reviewers say support is hard to reach or feels automated, and some doubt that the Trustpilot replies are written by a person. Scalable says they are.",
                        "type": "text"
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                          }
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                        "text": "Withdrawals.",
                        "type": "text"
                      },
                      {
                        "text": " Several Reddit and Trustpilot users describe deposits that could be invested but not withdrawn for weeks, or a withdrawal stuck for a week.",
                        "type": "text"
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Old Baader Bank accounts.",
                        "type": "text"
                      },
                      {
                        "text": " Reddit posters say the earlier setup with Baader Bank caused problems, and some say transfers improved after the move away from it.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
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              {
                "content": [
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                    "content": [
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                        "text": "Order types and app glitches.",
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                      },
                      {
                        "text": " A few say they cannot set a stop loss and a target together, or that the app or login sometimes fails.",
                        "type": "text"
                      }
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                "text": "Recently",
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            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
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                      {
                        "marks": [
                          {
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                          }
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                        "text": "Early October 2026:",
                        "type": "text"
                      },
                      {
                        "text": " the newest Trustpilot reviews at collection included complaints about AI-only support, an unprocessed W-8BEN form and a withdrawal stuck for a week.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                          }
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                        "text": "September 2026:",
                        "type": "text"
                      },
                      {
                        "text": " Revenue.Land notes Scalable Capital Bank is now the custodian. It says some Trustpilot users report a slow move of their old Baader positions.",
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                      }
                    ],
                    "type": "paragraph"
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            "attrs": {
              "level": 2
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            "content": [
              {
                "text": "Where this comes from",
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            ],
            "type": "heading"
          },
          {
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the main review page.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reviews.io",
                        "type": "text"
                      },
                      {
                        "text": ": a small, mostly negative pool.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
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              },
              {
                "content": [
                  {
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                        "marks": [
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                              "target": "_self"
                            },
                            "type": "link"
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                        "text": "Finanzfluss",
                        "type": "text"
                      },
                      {
                        "text": ": German customer reviews.",
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                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              },
              {
                "content": [
                  {
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                      {
                        "marks": [
                          {
                            "attrs": {
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trusteroo",
                        "type": "text"
                      },
                      {
                        "text": ": customer reviews.",
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                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "r/ScalableCapital",
                        "type": "text"
                      },
                      {
                        "text": ": user threads, including withdrawal questions.",
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                      }
                    ],
                    "type": "paragraph"
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                ],
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            ],
            "type": "bulletList"
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      "featured": false,
      "sort_order": 700,
      "seo_title": "Scalable Capital review: regulation, fees and platforms",
      "seo_description": "Scalable Capital review: BaFin-supervised German bank, EUR 1 minimum, EUR 0.99 trades or a PRIME+ flat rate, free ETF savings plans, stocks, bonds and crypto.",
      "logo": "/logos/brokers/scalable-capital.png"
    },
    {
      "slug": "commsec",
      "name": "CommSec",
      "tagline": "Commonwealth Bank's online broker for ASX shares, options and 13 global markets",
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          {
            "content": [
              {
                "text": "CommSec is the share trading arm of the Commonwealth Bank and the default broker for a lot of Australians, with close to 3 million customers. It suits investors who already bank with CommBank and want ASX shares, ETFs and a bit of global exposure in one place, more than it suits active traders hunting the lowest fees. Commonwealth Securities Limited is regulated by ASIC under AFSL 238814 and has been around since 1995.",
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              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Accounts and costs",
                "type": "text"
              }
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          },
          {
            "content": [
              {
                "text": "The main ",
                "type": "text"
              },
              {
                "marks": [
                  {
                    "type": "bold"
                  }
                ],
                "text": "Share Trading Account",
                "type": "text"
              },
              {
                "text": " is cheapest when trades settle through a linked Commonwealth Direct Investment Account (CDIA). Settle from any other account and you'll pay a flat $29.95 on trades under $10,000, which catches a lot of people out. ",
                "type": "text"
              },
              {
                "marks": [
                  {
                    "type": "bold"
                  }
                ],
                "text": "CommSec Pocket",
                "type": "text"
              },
              {
                "text": " lets you start with $50 in a list of ten ETFs and currently has $0 brokerage on those. There are also accounts for international shares, ASX options, margin lending and SMSFs, plus joint, company and trust ownership. Phone trades cost at least $59.95.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Platforms and markets",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "Everything runs on CommSec's own website and mobile app, with watchlists, alerts, a home-screen widget, Morningstar recommendations and daily notes from CommSec's analysts. You can buy over 2,000 ASX-listed companies, ETFs, warrants and MINIs, options and fixed income, plus shares in the US and 12 other markets across Europe and Asia. Fractional shares are only available on the international side. There's no forex, CFDs or crypto, and no MetaTrader or TradingView.",
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              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Money in and out",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "Most customers fund through a CDIA, which links to NetBank, so moving money between your bank and trading accounts is quick and free. Sale proceeds land back in the CDIA and you can transfer them out from there. Moving money in from another bank can take a couple of days.",
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                "text": "CommSec is Australia's most widely used share trading platform, but the people who write reviews about it are mostly unhappy. Its Trustpilot page has only about 40 reviews and the evidence collected does not show its current score; review sites put it at around 2 out of 5. ProductReview.com.au has a larger and largely negative set of reviews, again with no score in the evidence. Reddit discussion is calmer: Australians there accept CommSec as safe and convenient for CommBank customers, and mainly object to its prices.",
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                        "text": "October 2026:",
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                "text": "Where this comes from",
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                        "text": "Trustpilot",
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                        "text": "Forex Peace Army",
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      "slug": "questrade",
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      "tagline": "Canadian online broker with $0 stock and ETF trades, registered accounts and FX/CFDs",
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            "content": [
              {
                "text": "Questrade is a Toronto discount broker that's been around since 1999. It suits Canadian investors who want cheap stock and ETF trading inside a TFSA, RRSP or RESP, with options and CFDs on the side. It's regulated by CIRO and is a member of the Canadian Investor Protection Fund, and a US arm, Questrade USA Inc., is registered with FINRA. It doesn't take UK clients, and most of what it offers is aimed at Canadian residents.",
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                "text": " is a robo-advisor that invests once you've added $250. Forex and CFDs sit in ",
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                "text": "Questrade Global",
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                "text": "Stocks, ETFs and options trade on Questrade Edge, and you can also link your account to TradingView and trade North American stocks and ETFs from there. Forex and CFDs run on the separate Questrade Global platform. There's no MT4 or MT5. Markets include Canadian and US stocks, ETFs, options, bonds and mutual funds, plus FX and CFDs on global stocks, indices and commodities.",
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                "text": "Accounts are funded in Canadian or US dollars. Deposits are free and can be made by bank transfer, Interac e-Transfer or Visa Debit, which land instantly. EFT withdrawals are free and take up to five business days, while wires cost $20 to $40.",
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                        "text": " Commission-free stock and ETF trades come up often, along with cheap currency conversion by journalling shares between CAD and USD.",
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                        "text": "Account range.",
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                        "text": " Canadian investors on Reddit like holding TFSA, RRSP and margin accounts in one place, and some value margin power across them.",
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                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Withdrawal checks.",
                        "type": "text"
                      },
                      {
                        "text": " A number of reviewers say withdrawals were blocked until they supplied extra proof of bank account ownership, and some describe documents rejected without explanation.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Risk-review holds.",
                        "type": "text"
                      },
                      {
                        "text": " BrokerChooser's summary of May to August 2026 discussions lists risk-review holds, trading delays and fee complaints as frequent.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Long support waits.",
                        "type": "text"
                      },
                      {
                        "text": " Hour-plus hold times on phone and chat are mentioned again and again.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "The mobile app and short-selling inventory",
                        "type": "text"
                      },
                      {
                        "text": " draw criticism from active traders.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Recently",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "July to September 2026:",
                        "type": "text"
                      },
                      {
                        "text": " new Trustpilot reviews continue to centre on wait times and registered-account transfers in limbo; BrokerChooser's August summary flags risk-review holds as a recurring issue.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.trustpilot.com/review/www.questrade.com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the main review page.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reviews.io",
                        "type": "text"
                      },
                      {
                        "text": ": customer reviews, mostly negative.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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                ],
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              {
                "content": [
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "TradingView",
                        "type": "text"
                      },
                      {
                        "text": ": reviews from TradingView customers.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Better Business Bureau",
                        "type": "text"
                      },
                      {
                        "text": ": formal complaints and responses.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.forexpeacearmy.com/forex-reviews/142/www.questrade.com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": older reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.reddit.com/r/Questrade/",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "r/Questrade",
                        "type": "text"
                      },
                      {
                        "text": ": the official subreddit, plus threads in r/fican and r/CanadianInvestor.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              }
            ],
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          }
        ],
        "type": "doc"
      },
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      "featured": false,
      "sort_order": 720,
      "seo_title": "Questrade review: regulation, fees and platforms",
      "seo_description": "Questrade is a CIRO-regulated Canadian broker with no minimum deposit, $0 stock and ETF trades, TFSA and RRSP accounts, TradingView and FX and CFD trading.",
      "logo": "/logos/brokers/questrade.png"
    },
    {
      "slug": "wealthsimple",
      "name": "Wealthsimple",
      "tagline": "Canadian app for commission-free stocks, ETFs, options and crypto, plus TFSAs and RRSPs",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "Wealthsimple is a Toronto fintech that started in 2014 and has turned into a one-stop money app for Canadians. It suits beginners and long-term investors who want cheap stock and ETF trading, registered accounts and banking in one place. Active traders who need serious charts will find it thin. The brokerage side is Wealthsimple Investments Inc., a member of the Canadian Investment Regulatory Organization (CIRO), so eligible accounts get CIPF protection. Crypto isn't covered by CIPF. It's only open to Canadian residents.",
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              }
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          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Accounts and costs",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "You can open a non-registered Trade account, a TFSA, an RRSP or spousal RRSP, plus RESPs and other registered plans, all with no minimum deposit. Stocks and ETFs trade commission free and equity options cost $0 per contract. The catch is currency conversion: buying US stocks in a CAD account costs up to 1.5%. Managed portfolios charge 0.50% or less. Margin is available, with leverage depending on each security's CIRO margin requirement, and bigger clients move up to Premium and Generation tiers with extra perks.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Platforms and markets",
                "type": "text"
              }
            ],
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          },
          {
            "content": [
              {
                "text": "Everything runs in Wealthsimple's own app and web platform. The web version has some TradingView-powered charts, but you can't trade through TradingView, MT4 or MT5. You can buy over 14,000 Canadian and US stocks and ETFs, including fractional shares, plus options, crypto and, in beta, futures on major indices and commodities.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Money in and out",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "You fund by linked bank account or transfer, and deposits up to $250,000 can be available to trade instantly. Standard withdrawals are free and take a few business days. Instant withdrawals to a linked debit card cost 2.5%. Wealthsimple will reimburse transfer-out fees from your old broker when you move at least $25,000.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          }
        ],
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      },
      "website_url": "https://www.wealthsimple.com",
      "founded_year": 2014,
      "headquarters": "Toronto, Canada",
      "brand_color": "#f4f4f4",
      "primary_category": "stocks",
      "categories": [
        "stocks",
        "options",
        "futures",
        "crypto"
      ],
      "markets": [
        "stocks",
        "etfs",
        "options",
        "futures",
        "crypto"
      ],
      "regulators": [
        {
          "regulator": "ciro",
          "entity": "Wealthsimple Investments Inc.",
          "licence": ""
        },
        {
          "regulator": "sec_finra",
          "entity": "Wealthsimple US, Ltd.",
          "licence": "",
          "note": "Investment adviser filing with the SEC (Form ADV)"
        }
      ],
      "platforms": [
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      ],
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        {
          "name": "Wealthsimple Trade (non-registered)",
          "min_deposit": 0,
          "currency": "CAD",
          "pricing": "$0 commission on stocks and ETFs, $0 per equity options contract; currency conversion fee of up to 1.5% on USD trades",
          "max_leverage": "Margin up to about 3.33x, depending on each security's CIRO margin requirement"
        },
        {
          "name": "TFSA",
          "min_deposit": 0,
          "currency": "CAD",
          "pricing": "Same commission-free trading as Wealthsimple Trade, or a managed portfolio",
          "max_leverage": ""
        },
        {
          "name": "RRSP and spousal RRSP",
          "min_deposit": 0,
          "currency": "CAD",
          "pricing": "Same commission-free trading as Wealthsimple Trade, or a managed portfolio",
          "max_leverage": ""
        },
        {
          "name": "Managed investing",
          "min_deposit": 0,
          "currency": "CAD",
          "pricing": "Management fee of 0.50% or lower",
          "max_leverage": ""
        },
        {
          "name": "Crypto",
          "min_deposit": 0,
          "currency": "CAD",
          "pricing": "No commission, cost built into the spread",
          "max_leverage": ""
        }
      ],
      "min_deposit": 0,
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      "payment_methods": [
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      ],
      "features": {
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        "isa_or_tax_wrappers": true
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      "investor_protection": "CIPF coverage for accounts held with Wealthsimple Investments Inc.; crypto assets are not covered",
      "restricted_countries": [],
      "pros": [
        "Commission-free Canadian and US stocks and ETFs, and $0 equity options contracts",
        "No minimum deposit and fractional shares",
        "TFSA, RRSP, spousal RRSP and other registered accounts",
        "Low-fee managed portfolios alongside self-directed trading",
        "Crypto, futures (beta) and margin in the same app",
        "CIRO member with CIPF protection"
      ],
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        "Up to 1.5% currency conversion on USD trades",
        "Basic charting and no TradingView, MT4 or MT5 trading",
        "2.5% fee on instant withdrawals to a debit card",
        "Only available to Canadian residents",
        "Poor Trustpilot rating, with complaints about account locks"
      ],
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        {
          "source": "trustpilot",
          "rating": 1.4,
          "scale": 5,
          "count": 622,
          "url": "https://www.trustpilot.com/review/wealthsimple.com",
          "checked_on": "2026-10-06"
        },
        {
          "source": "other",
          "label": "App Store (Canada)",
          "rating": 4.6,
          "scale": 5,
          "count": 128000,
          "url": "https://apps.apple.com/ca/app/wealthsimple/id1403491709?see-all=reviews\u0026platform=iphone",
          "checked_on": "2026-10-06"
        },
        {
          "source": "other",
          "label": "Reviews.io",
          "rating": 1.3,
          "scale": 5,
          "count": 168,
          "url": "https://www.reviews.io/company-reviews/store/wealthsimple-com",
          "checked_on": "2026-10-06"
        },
        {
          "source": "sitejabber",
          "rating": 1.6,
          "scale": 5,
          "count": 3,
          "url": "https://www.sitejabber.com/reviews/wealthsimple.com",
          "checked_on": "2026-10-06"
        },
        {
          "source": "forexpeacearmy",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.forexpeacearmy.com/forex-reviews/19386/wealthsimple-stock-brokers",
          "checked_on": "2026-10-06"
        },
        {
          "source": "other",
          "label": "BBB complaints",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.bbb.org/ca/on/toronto/profile/investment-management/wealthsimple-financial-inc-0107-1332403/complaints",
          "checked_on": "2026-10-06"
        },
        {
          "source": "reddit",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.reddit.com/r/Wealthsimple/comments/1smesf6/any_regret_moving_to_wealth_simple/",
          "checked_on": "2026-10-06"
        }
      ],
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          {
            "content": [
              {
                "text": "Wealthsimple's reviews depend heavily on where you look. It holds 1.4 on Trustpilot from about 620 reviews and 1.3 on Reviews.io from about 170, while its iPhone app is rated 4.6 from about 128,000 ratings, according to Forbes Advisor Canada. The complaint sites draw people with a problem, and Reddit's Canadian finance communities, where many everyday users post, are mostly positive about it.",
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              }
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            "attrs": {
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            "content": [
              {
                "text": "What traders like",
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            ],
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          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
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                        ],
                        "text": "Low or no fees.",
                        "type": "text"
                      },
                      {
                        "text": " Reddit users often say they moved from a bank brokerage to stop paying per-trade commissions, and some long-time users see no drawbacks for buy-and-hold investing in Canadian listings.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
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                        "text": "Everything in one app.",
                        "type": "text"
                      },
                      {
                        "text": " People like having investing, chequing, a card and tax filing in one place, and some say the interface is far easier than the big banks'.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              {
                "content": [
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                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
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                        "text": "Transfer matches and promos.",
                        "type": "text"
                      },
                      {
                        "text": " Many Reddit users mention moving money over for the deposit match offers.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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                ],
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                "text": "Common complaints",
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          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Frozen accounts and held money.",
                        "type": "text"
                      },
                      {
                        "text": " The largest group of Trustpilot and BBB reviews describe accounts locked for re-verification or source-of-funds checks, sometimes for weeks or months, with little contact while it lasts.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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              {
                "content": [
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                    "content": [
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                        "marks": [
                          {
                            "type": "bold"
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                        "text": "Slow support.",
                        "type": "text"
                      },
                      {
                        "text": " Several say email-only support is slow, including for large transfers on the Premium tier, and that there is no phone line to call.",
                        "type": "text"
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                ],
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              {
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                        "text": "Promotions refused.",
                        "type": "text"
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                      {
                        "text": " A number of reviewers say a transfer match they were told they qualified for was later denied.",
                        "type": "text"
                      }
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                    "type": "paragraph"
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              {
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                        "text": "Banking glitches.",
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                      },
                      {
                        "text": " Some Trustpilot and Reddit users report rejected pre-authorized payments, cancelled bill payments and mistaken withdrawals from linked bank accounts.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                        "text": "Currency costs.",
                        "type": "text"
                      },
                      {
                        "text": " Reddit users warn that conversion fees on US stocks can cost more than the commissions saved.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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          {
            "content": [
              {
                "text": "Several Reviews.io and Sitejabber reviews promote fund recovery services, so those pages are a weak signal.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Recently",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "No dated reviews from the last 90 days in our sources. Hardbacon's August 2026 review still flags account freezes and slow withdrawals as the main user complaint.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
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                        "marks": [
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                            "attrs": {
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": Wealthsimple's main review page.",
                        "type": "text"
                      }
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                    "type": "paragraph"
                  }
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                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "App Store (Canada)",
                        "type": "text"
                      },
                      {
                        "text": ": app ratings and reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                              "href": "https://www.reviews.io/company-reviews/store/wealthsimple-com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reviews.io",
                        "type": "text"
                      },
                      {
                        "text": ": customer reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Sitejabber",
                        "type": "text"
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                      {
                        "text": ": three reviews.",
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              {
                "content": [
                  {
                    "content": [
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                        "text": "Forex Peace Army",
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                        "text": ": a listing with little activity.",
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                        "text": ": complaints filed with the Better Business Bureau.",
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                        "text": "Reddit",
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                        "text": ": users comparing Wealthsimple with other Canadian brokers.",
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      "sort_order": 730,
      "seo_title": "Wealthsimple review: regulation, fees and platforms",
      "seo_description": "Wealthsimple review: CIRO member with CIPF cover, no minimum deposit, commission-free stocks, ETFs and options, crypto, TFSAs and RRSPs on its own app.",
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    {
      "slug": "zerodha",
      "name": "Zerodha",
      "tagline": "India's largest discount broker: free equity delivery and flat ₹20 intraday and F\u0026O trades",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "Zerodha is India's biggest stockbroker and the firm that brought flat-fee discount broking to the country. It's a good fit for Indian residents and NRIs who want cheap access to NSE, BSE and MCX. Zerodha Broking Limited is registered with SEBI as a stockbroker and as a depository participant, and it's a member of the NSE, BSE, MCX and MSEI. Bear in mind this is Indian regulation for Indian markets, so it isn't an option for traders elsewhere.",
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            "content": [
              {
                "text": "Accounts and costs",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "Opening an individual demat and trading account is free and there's no minimum deposit. Buying shares for delivery and investing in direct mutual funds costs ₹0 in brokerage. Intraday trades and futures cost ₹20 or 0.03% per order, whichever is lower, and options are a flat ₹20. Exchange charges, STT, stamp duty and GST come on top. The demat account has no maintenance charge in year one, then up to ₹300 a year depending on your holdings. NRI accounts cost ₹500 to open and pay 0.5% on equity delivery, capped at ₹50 or ₹200 per order. HUF and minor accounts are also available. Leverage only applies to intraday trades on eligible stocks, under SEBI's peak margin rules.",
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            "content": [
              {
                "text": "Platforms and markets",
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            ],
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          {
            "content": [
              {
                "text": "You trade on Kite, Zerodha's own web and mobile platform, with Console for reports and Coin for mutual funds. Kite Connect gives you APIs, and you can link your account to TradingView. Markets cover Indian stocks, ETFs, IPOs, bonds, equity F\u0026O, currency derivatives and MCX commodities.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
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            "content": [
              {
                "text": "Money in and out",
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              }
            ],
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          },
          {
            "content": [
              {
                "text": "Money comes in from your registered Indian bank account by UPI, the payment gateway or bank transfer, all in rupees. Withdrawals are free, and instant payouts can land in your bank the same day.",
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              }
            ],
            "type": "paragraph"
          }
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      "website_url": "https://zerodha.com",
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      "headquarters": "Bengaluru, India",
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      "primary_category": "stocks",
      "categories": [
        "stocks",
        "options",
        "futures"
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        "forex",
        "commodities",
        "stocks",
        "etfs",
        "options",
        "futures",
        "bonds"
      ],
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        {
          "regulator": "sebi",
          "entity": "Zerodha Broking Limited",
          "licence": "INZ000031633"
        },
        {
          "regulator": "sebi",
          "entity": "Zerodha Broking Limited (depository participant, CDSL/NSDL)",
          "licence": "IN-DP-431-2019"
        }
      ],
      "platforms": [
        "tradingview",
        "proprietary"
      ],
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        {
          "name": "Individual demat and trading",
          "min_deposit": 0,
          "currency": "INR",
          "pricing": "₹0 on equity delivery and direct mutual funds; ₹20 or 0.03% (whichever is lower) per intraday or futures order; flat ₹20 per options order",
          "max_leverage": "Intraday (MIS) leverage on eligible stocks only, within SEBI peak margin rules"
        },
        {
          "name": "NRI (PIS / Non-PIS)",
          "min_deposit": 0,
          "currency": "INR",
          "pricing": "₹500 to open; equity brokerage 0.5% or ₹50 (Non-PIS) / ₹200 (PIS) per order, whichever is lower",
          "max_leverage": ""
        },
        {
          "name": "HUF",
          "min_deposit": 0,
          "currency": "INR",
          "pricing": "Free to open online, same brokerage as individual accounts",
          "max_leverage": ""
        },
        {
          "name": "Minor",
          "min_deposit": 0,
          "currency": "INR",
          "pricing": "Free to open, no AMC; mutual funds, IPOs and gifted stocks only",
          "max_leverage": "None"
        }
      ],
      "min_deposit": 0,
      "min_deposit_currency": "INR",
      "payment_methods": [
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        "negative_balance_protection": false
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      "pros": [
        "Free equity delivery and direct mutual fund investing",
        "Flat ₹20 per order on intraday and F\u0026O",
        "Covers stocks, F\u0026O, currency and MCX commodities in one account",
        "Kite Connect APIs and a TradingView connection",
        "Free withdrawals, including instant payouts to your bank"
      ],
      "cons": [
        "Indian markets only, for Indian residents and NRIs",
        "Demat AMC of up to ₹300 a year after the first year",
        "Leverage is limited by SEBI peak margin rules",
        "NRI accounts cost ₹500 to open and pay higher brokerage"
      ],
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          "rating": null,
          "scale": null,
          "count": 42,
          "url": "https://www.trustpilot.com/review/zerodha.com",
          "checked_on": "2026-10-06"
        },
        {
          "source": "other",
          "label": "MouthShut",
          "rating": 1.76,
          "scale": 5,
          "count": 9567,
          "url": "https://www.mouthshut.com/product-reviews/zerodha-reviews-926009466",
          "checked_on": "2026-10-06"
        },
        {
          "source": "other",
          "label": "Reviews.io",
          "rating": 1.2,
          "scale": 5,
          "count": 44,
          "url": "https://www.reviews.io/company-reviews/store/zerodha-com",
          "checked_on": "2026-10-06"
        },
        {
          "source": "reddit",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.reddit.com/r/IndianStreetBets/comments/1rv7cbe/why_i_still_use_zerodha_after_years_of_trading/",
          "checked_on": "2026-10-06"
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        "content": [
          {
            "content": [
              {
                "text": "Zerodha is India's largest broker, but review sites catch mostly its unhappy customers. MouthShut shows 1.76 from about 9,600 votes and Reviews.io 1.2 from 44 reviews. The Trustpilot page has only 42 reviews and the bundle shows no score for it. Reddit, where Indian traders talk about brokers day to day, is much warmer, with many long-term users saying they stay because the basics work.",
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                "text": "What traders like",
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                        "text": "Low, simple pricing.",
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                        "text": " Free equity delivery and a flat fee on intraday and F\u0026O trades are the main reasons Reddit users give for choosing it.",
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                    "content": [
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                        "text": "A clean, uncluttered app.",
                        "type": "text"
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                      {
                        "text": " Kite gets steady praise for a simple, professional interface, and several users prefer it to busier rivals.",
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                      }
                    ],
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                  }
                ],
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                        "text": "Fast money movement.",
                        "type": "text"
                      },
                      {
                        "text": " Reddit users report deposits landing in minutes and payouts within a day.",
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                      }
                    ],
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                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
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                        "text": "Financial strength.",
                        "type": "text"
                      },
                      {
                        "text": " Threads point to Zerodha having no debt and no outside investors as a reason to trust it.",
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                      }
                    ],
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            "content": [
              {
                "text": "Common complaints",
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            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
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                        "text": "NRI account opening.",
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                      },
                      {
                        "text": " The dominant Trustpilot complaint: non-resident Indians say they paid the opening fee upfront, then went round document rejection loops for weeks or months without an account being opened.",
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                        "text": "Support.",
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                      {
                        "text": " Several reviewers describe slow or unhelpful responses to complaints.",
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                    ],
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              },
              {
                "content": [
                  {
                    "content": [
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                        "text": "Glitches on big days.",
                        "type": "text"
                      },
                      {
                        "text": " Reddit users recall order and fund issues on busy days such as the June 2024 election result, and advise keeping a second broker as backup.",
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                ],
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                        "text": "Charges for active F\u0026O traders.",
                        "type": "text"
                      },
                      {
                        "text": " Some say rival discount brokers are cheaper for high-frequency options trading, or that GTT stop-losses did not trigger as expected.",
                        "type": "text"
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                ],
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              {
                "content": [
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                    "content": [
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                        "text": "Withdrawal limits.",
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                      },
                      {
                        "text": " In November 2025 an investor publicly called a daily withdrawal cap of 5 crore rupees a scam. CEO Nithin Kamath replied that the cap is a security check, and the exchange was widely covered.",
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                      }
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                    "type": "paragraph"
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                "text": "Recently",
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          },
          {
            "content": [
              {
                "text": "No dated reviews from the last 90 days in the evidence.",
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          },
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            "attrs": {
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            "content": [
              {
                "text": "Where this comes from",
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          },
          {
            "content": [
              {
                "content": [
                  {
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                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": a small page dominated by NRI account complaints.",
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                      }
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                    "type": "paragraph"
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                ],
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              },
              {
                "content": [
                  {
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                        "text": "MouthShut",
                        "type": "text"
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                        "text": ": the largest Indian consumer review pool for Zerodha.",
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              {
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                              "target": "_self"
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                            "type": "link"
                          }
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                        "text": "Reviews.io",
                        "type": "text"
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                      {
                        "text": ": a small set of mostly negative reviews.",
                        "type": "text"
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              {
                "content": [
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                              "target": "_self"
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                        "text": "Reddit",
                        "type": "text"
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                      {
                        "text": ": a 2026 thread from long-time users, with replies from people who switched.",
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      "seo_title": "Zerodha review: regulation, fees and platforms",
      "seo_description": "Zerodha is a SEBI registered Indian broker with no minimum deposit, free equity delivery, flat ₹20 intraday and F\u0026O trades, Kite, APIs and TradingView.",
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      "slug": "tiger-brokers",
      "name": "Tiger Brokers",
      "tagline": "App-first Asia-Pacific broker for US, Hong Kong, Singapore and Australian shares",
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          {
            "content": [
              {
                "text": "Tiger Brokers is an online stockbroker from the Asia-Pacific region, running since 2014 and built around its Tiger Trade app. It suits investors in Singapore, Australia, New Zealand and Hong Kong who want cheap access to US and Asian shares, options and futures from one account. It's licensed by MAS in Singapore, ASIC in Australia and the SFC in Hong Kong, has NZ entities that hold client money, and an NFA registration in the US. In Singapore, US securities are covered by SIPC up to $500,000.",
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                "text": "Accounts and costs",
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                "text": "You choose between a ",
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              {
                "text": ", and neither has a minimum deposit. Fees depend on the market and your country. In Australia, for example, US options cost USD 3 for up to four contracts and then USD 0.75 each, and micro gold futures start from $0.99 a contract. There are no deposit, withdrawal, inactivity, custody or maintenance fees, though minimum commissions apply. On margin accounts, long stock positions need 25% to 100% margin, so up to about 4x. Singapore clients can also invest SRS money.",
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                "text": "Platforms and markets",
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          {
            "content": [
              {
                "text": "Everything runs on Tiger Trade on mobile, Mac, Windows and the web, with a demo account for stocks and options. There's no MetaTrader and no CFDs. Depending on where you live, you can trade shares and ETFs in the US, Hong Kong, Singapore and Australia, China A-shares, 24/5 trading on 9,500+ US names, fractional shares, options with up to four legs, 100+ futures products and over 1,500 funds.",
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          },
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            "content": [
              {
                "text": "Money in and out",
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              }
            ],
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          },
          {
            "content": [
              {
                "text": "Deposits and withdrawals go by bank transfer to or from an account in your own name. Third-party platforms, joint accounts and cash aren't accepted. Tiger doesn't charge, though your bank may, and withdrawals usually arrive in two to three working days.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          }
        ],
        "type": "doc"
      },
      "website_url": "https://www.itiger.com",
      "founded_year": 2014,
      "headquarters": "",
      "brand_color": "#1c1c1c",
      "primary_category": "stocks",
      "categories": [
        "stocks",
        "options",
        "futures"
      ],
      "markets": [
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        "etfs",
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        "futures"
      ],
      "regulators": [
        {
          "regulator": "mas",
          "entity": "Tiger Brokers (Singapore) Pte Ltd",
          "licence": "CMS100061-1"
        },
        {
          "regulator": "asic",
          "entity": "Tiger Brokers (AU) Pty Limited",
          "licence": "AFSL 300767"
        },
        {
          "regulator": "sfc",
          "entity": "Tiger Brokers HK Global Limited",
          "licence": "BMU940"
        },
        {
          "regulator": "fma",
          "entity": "Tiger Brokers (NZ) Limited",
          "licence": ""
        },
        {
          "regulator": "cftc_nfa",
          "entity": "",
          "licence": "NFA 0328552"
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      ],
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        "proprietary"
      ],
      "accounts": [
        {
          "name": "Cash account",
          "min_deposit": 0,
          "currency": "USD",
          "pricing": "Commissions vary by market; in Australia US options cost USD 3 for up to 4 contracts, then USD 0.75 per contract",
          "max_leverage": ""
        },
        {
          "name": "Margin account",
          "min_deposit": 0,
          "currency": "USD",
          "pricing": "Same commissions as the cash account, plus interest on borrowed funds",
          "max_leverage": "Margin ratios of 25% to 100% on long stock positions (up to 4x)"
        }
      ],
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      "restricted_countries": [],
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        "No minimum deposit and no deposit, withdrawal, inactivity or custody fees",
        "US, Hong Kong, Singapore, Australian and China A-share markets in one app",
        "Licensed by MAS, ASIC and the SFC",
        "Fractional shares and 24/5 trading on 9,500+ US stocks and ETFs",
        "Options and futures as well as shares"
      ],
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        "No CFDs and no MetaTrader",
        "Products vary a lot by country",
        "Bank transfer only, from an account in your own name",
        "Commission-free trading is limited and minimum commissions apply"
      ],
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          "scale": 5,
          "count": null,
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          "source": "other",
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          "rating": null,
          "scale": null,
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          "url": "https://www.forexpeacearmy.com/forex-reviews/19258/itiger-stock-brokers",
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          "source": "reddit",
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            "content": [
              {
                "text": "Tiger Brokers has few customer reviews for a broker with millions of accounts, and the evidence we have is thin. Its regional Trustpilot pages are small: Traders Union reports 2.3 for the Singapore page and 3.7 for the Australian one, and PIP Penguin counted about 60 reviews on the Singapore page in mid-2026. TradingView and Forex Peace Army host pages without a score in our evidence. Most of the real discussion happens on Reddit, in Singapore and New Zealand finance communities.",
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                        "text": "Low fees and free trades.",
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                      },
                      {
                        "text": " New Zealand users in particular point to cheap US trading, low FX costs and a handful of free trades each month.",
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                      }
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                        "text": "Easy app.",
                        "type": "text"
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                      {
                        "text": " Several Reddit users find the interface simpler than local alternatives, and review sites note that the mobile app rates well in app stores.",
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                        "text": "TradingView link.",
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                      },
                      {
                        "text": " A few TradingView reviewers like trading straight from TradingView charts.",
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                        "text": "Market access.",
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                      {
                        "text": " US, Hong Kong, Singapore and Australian shares from one account come up often.",
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                        "text": "Withdrawals smaller than the balance.",
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                      {
                        "text": " Several Singapore users describe being able to withdraw only part of their cash, usually around settlement or reward shares, with slow answers from support.",
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                        "text": "Order handling on options.",
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                      },
                      {
                        "text": " One widely discussed Reddit post describes a stop-limit option order cancelled by the system instead of being placed, and another series questions options assignment and order routing.",
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                        "text": "Fee changes.",
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                      {
                        "text": " Some say new per-share settlement fees were added with little notice.",
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              {
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                      {
                        "text": " Reviewers on TradingView and Reddit say support is slow and often cannot act without an internal team.",
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                        "text": "Safety worries.",
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                      },
                      {
                        "text": " Some Singapore threads raise concern about the group's Chinese links after regulatory news in China hit its share price; others reply that MAS regulation and a local custodian apply.",
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                "text": "Recently",
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          },
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            "content": [
              {
                "text": "No dated customer reviews from the last 90 days stand out in our evidence.",
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              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
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            },
            "content": [
              {
                "text": "Where this comes from",
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                        "text": "Trustpilot (Singapore)",
                        "type": "text"
                      },
                      {
                        "text": ": the Singapore review page; score as reported by Traders Union.",
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                        "text": "Trustpilot (Australia)",
                        "type": "text"
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                        "text": ": the Australian review page; score as reported by Traders Union.",
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
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                          }
                        ],
                        "text": "TradingView",
                        "type": "text"
                      },
                      {
                        "text": ": verified reviews from traders who connect their accounts.",
                        "type": "text"
                      }
                    ],
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              },
              {
                "content": [
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                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": a stock broker page.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
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              },
              {
                "content": [
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                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit search",
                        "type": "text"
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                      {
                        "text": ": threads on r/singaporefi and r/PersonalFinanceNZ.",
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      "seo_title": "Tiger Brokers review: regulation, fees and platforms",
      "seo_description": "Tiger Brokers is a MAS, ASIC and SFC regulated stockbroker with no minimum deposit, the Tiger Trade app, and US and Asian shares, options and futures.",
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    {
      "slug": "stake",
      "name": "Stake",
      "tagline": "Sydney-based app for Australians and Kiwis to buy US and ASX shares cheaply",
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          {
            "content": [
              {
                "text": "Stake is a share trading app from Sydney, built for everyday investors in Australia and New Zealand who want cheap access to US and Australian stocks. It's not a trading broker in the CFD sense: there's no leverage, and you're buying the real shares. In Australia, Stakeshop Pty Ltd is an authorised representative of Stakeshop AFSL Pty Ltd, which holds an ASIC financial services licence. US orders are executed and cleared by DriveWealth LLC, a broker-dealer regulated by the SEC. Stake closed its UK service in November 2024 and moved those accounts to Freetrade.",
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            "content": [
              {
                "text": "Accounts and costs",
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          {
            "content": [
              {
                "text": "Stake Wall St lets you buy US shares and ETFs with no commission, and reviewers put the minimum deposit at $50. The catch is currency conversion, since your money has to be turned into US dollars first. Stake AUS covers the ASX, with $3 brokerage on trades up to $30,000 and CHESS sponsorship, so the shares sit in your name. Stake Black is an optional paid subscription with extra research and tools; reviewers quote different prices for it, so check the current fee before signing up.",
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                "text": "Platforms and markets",
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          {
            "content": [
              {
                "text": "Everything runs through Stake's own mobile app and web platform. You can't connect TradingView or MetaTrader. Markets are US and Australian stocks and ETFs, with fractional shares on the US side and extended hours trading before and after the US session. There are no options, futures, CFDs or crypto.",
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            ],
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          },
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            "attrs": {
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            "content": [
              {
                "text": "Money in and out",
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            ],
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          {
            "content": [
              {
                "text": "You fund your account by bank transfer, and reviewers say Stake doesn't charge for withdrawals. US trading accounts are held in US dollars, so expect conversion costs moving money in and out. Some users on review sites complain about slow transfers and held funds, so give yourself a few days when moving money.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          }
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      "headquarters": "Sydney, Australia",
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      "primary_category": "stocks",
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      "regulators": [
        {
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          "entity": "Stakeshop AFSL Pty Ltd",
          "licence": "AFSL 548196"
        },
        {
          "regulator": "sec_finra",
          "entity": "DriveWealth LLC",
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          "pricing": "Paid monthly or annual subscription with extra research and tools on top of the standard account",
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      "min_deposit_currency": "USD",
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        "Commission-free trading on US stocks and ETFs",
        "$3 brokerage on ASX trades up to $30,000, with CHESS sponsorship",
        "Fractional shares on US stocks",
        "Simple mobile app that suits beginners"
      ],
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        "Only stocks and ETFs, no options, CFDs or crypto",
        "Currency conversion costs when moving money into US dollars",
        "Only available in a few countries, and the UK service closed in 2024",
        "No TradingView or MetaTrader connection",
        "Mixed customer reviews, with complaints about slow transfers"
      ],
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          "scale": 5,
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        },
        {
          "source": "reddit",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.reddit.com/r/StakeStockTraders/",
          "checked_on": "2026-10-06"
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          {
            "content": [
              {
                "text": "Stake, the Australian share trading app at hellostake.com, has a small and negative Trustpilot page: 1.4 from 144 reviews. Trustpilot notes that Stake does not invite customers to review it, so the page mostly collects people with a problem. Reddit, where Australian investors discuss it often, is far more positive. Be careful when searching: most results for Stake are about the unrelated Stake.com casino, which this summary ignores.",
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                "text": "What traders like",
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                        "text": "Cheap brokerage.",
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                      {
                        "text": " Reddit users in r/AusFinance and r/fiaustralia often praise the $3 ASX trades, free trades from referrals and a year of free brokerage for transferring a portfolio in.",
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                        "text": "The app.",
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                      {
                        "text": " Several call it the cleanest interface among the major Australian brokerage apps.",
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                        "text": "Access to US and ASX shares.",
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                      {
                        "text": " Many like having both markets in one account.",
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                "text": "Common complaints",
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                        "text": "Withdrawal delays.",
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                      },
                      {
                        "text": " Reddit threads from early 2026 describe withdrawals that took days or over a week, with larger amounts slower than small ones. A Stake representative said on Reddit that a technical issue affected some withdrawals while cash accounts moved to JP Morgan in March 2026.",
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                        "text": " Some say replies took 48 hours and did not resolve anything.",
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              {
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                        "text": "FX costs.",
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                      {
                        "text": " Several Reddit users say the roughly 1% currency charge makes the US side expensive compared with Interactive Brokers.",
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                        "text": "Not the cheapest anymore.",
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                      {
                        "text": " Some say other brokers now match or beat Stake's ASX pricing.",
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          {
            "content": [
              {
                "text": "No dated reviews from the last 90 days in our evidence. Stake stopped serving UK clients in late 2024, according to BrokerChooser.",
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                "text": "Where this comes from",
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                        "text": ": the hellostake.com page, a small sample.",
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      "featured": false,
      "sort_order": 760,
      "seo_title": "Stake review: regulation, fees and platforms",
      "seo_description": "Stake review: ASIC-licensed share trading app from Sydney, commission-free US stocks and ETFs via DriveWealth, $3 ASX trades, fractional shares, Stake Black.",
      "logo": "/logos/brokers/stake.png"
    },
    {
      "slug": "lynx",
      "name": "LYNX",
      "tagline": "Dutch broker for active European investors, built on Interactive Brokers' market access",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "LYNX is a Dutch online broker, based in Amsterdam and running since 2006. It's an introducing broker for Interactive Brokers, so you get IBKR's huge market access with LYNX's own platform, service and pricing layered on top. It's aimed at active investors and traders in Europe, rather than complete beginners. LYNX B.V. is supervised in the Netherlands by the AFM and DNB, and reviewers also list BaFin oversight in Germany.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Accounts and costs",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "There's one multi-asset account that you can open as an individual, joint or business account. The big hurdle is the minimum: €3,000 for individual and joint accounts and €20,000 for business accounts. Commissions depend on your country, but they start around €5 for EU shares, $5 for US shares and €3 for options. US index futures run about $1.25 a contract. You can switch from a cash to a margin account if you've got the experience, and short selling is supported. CFD leverage follows EU retail limits.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Platforms and markets",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "LYNX+ is the main platform, on desktop, web and mobile, and it now has TradingView charts built in. For heavier use there's TWS, the Interactive Brokers desktop platform, and you can also connect your account to TradingView and trade from there. There's no MetaTrader. Markets cover stocks, ETFs, options, futures, forex, bonds, funds and some CFDs across more than 100 markets, and you can hold over 20 currencies in the account.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Money in and out",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "Funding is by bank transfer, including from Wise or Revolut. Deposits are free, and the first withdrawal each calendar month is free, with a small fee after that, like €1 for a SEPA transfer. Money has to come from and go back to accounts in your own name.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          }
        ],
        "type": "doc"
      },
      "website_url": "https://www.lynxbroker.com",
      "founded_year": 2006,
      "headquarters": "Amsterdam, Netherlands",
      "brand_color": "#01c778",
      "primary_category": "stocks",
      "categories": [
        "cfd",
        "stocks",
        "options",
        "futures"
      ],
      "markets": [
        "forex",
        "indices",
        "commodities",
        "stocks",
        "etfs",
        "options",
        "futures",
        "bonds"
      ],
      "regulators": [
        {
          "regulator": "afm",
          "entity": "LYNX B.V.",
          "licence": ""
        },
        {
          "regulator": "other",
          "entity": "LYNX B.V.",
          "licence": "",
          "note": "De Nederlandsche Bank (DNB)"
        },
        {
          "regulator": "bafin",
          "entity": "",
          "licence": ""
        }
      ],
      "platforms": [
        "tradingview",
        "tws",
        "proprietary"
      ],
      "accounts": [
        {
          "name": "Individual or joint investment account",
          "min_deposit": 3000,
          "currency": "EUR",
          "pricing": "From €5 per EU stock trade and $5 per US stock trade; options from €3; varies by country",
          "max_leverage": "Cash or margin account; CFDs from 30:1 to 2:1 (retail)"
        },
        {
          "name": "Business account",
          "min_deposit": 20000,
          "currency": "EUR",
          "pricing": "Same commission schedule as individual accounts",
          "max_leverage": ""
        }
      ],
      "min_deposit": 3000,
      "min_deposit_currency": "EUR",
      "payment_methods": [
        "bank",
        "wise"
      ],
      "features": {},
      "investor_protection": "",
      "restricted_countries": [],
      "pros": [
        "Regulated in the Netherlands since 2006",
        "Access to more than 100 markets in one multi-currency account",
        "Stocks, ETFs, options, futures, forex and bonds side by side",
        "LYNX+ with TradingView charts, TWS for advanced traders, and TradingView trading",
        "Low stock and ETF commissions for European investors"
      ],
      "cons": [
        "€3,000 minimum deposit, much higher than most online brokers",
        "Funding by bank transfer only, with no cards or e-wallets",
        "Only the first withdrawal each month is free",
        "Built for experienced traders; leveraged products need prior experience"
      ],
      "review_sources": [
        {
          "source": "trustpilot",
          "label": "Trustpilot (Germany)",
          "rating": 4.8,
          "scale": 5,
          "count": 615,
          "url": "https://de.trustpilot.com/review/lynxbroker.de",
          "checked_on": "2026-10-06"
        },
        {
          "source": "forexpeacearmy",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.forexpeacearmy.com/forex-reviews/17236/LYNX-broker-review",
          "checked_on": "2026-10-06"
        },
        {
          "source": "reddit",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.reddit.com/search/?q=lynx+broker",
          "checked_on": "2026-10-06"
        }
      ],
      "review_summary_json": {
        "content": [
          {
            "content": [
              {
                "text": "There is not much review evidence for LYNX. The only score comes from its German Trustpilot page, which third-party sites reported at 4.8 from about 615 reviews in 2025. The bundle has no snippet from Trustpilot itself, so that figure may be out of date. Forex Peace Army has a LYNX page with no reviews visible here. Most of what traders say is on Reddit, in Belgian, German and EU personal finance groups, and it is mostly mild and positive.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "What traders like",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Interactive Brokers underneath.",
                        "type": "text"
                      },
                      {
                        "text": " Reddit users keep pointing out that LYNX is an introducing broker for Interactive Brokers. It uses IBKR's Trader Workstation, with LYNX's own simpler web platform on top.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Local tax handling.",
                        "type": "text"
                      },
                      {
                        "text": " Belgian users like that LYNX deals with the Belgian stock exchange tax (TOB) for them.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Options and global markets.",
                        "type": "text"
                      },
                      {
                        "text": " Several users trade US and European options without trouble and value access to many exchanges.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Friendly support.",
                        "type": "text"
                      },
                      {
                        "text": " A few long-time users describe support as quick and helpful.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Common complaints",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Higher fees than going direct.",
                        "type": "text"
                      },
                      {
                        "text": " The most common point is that commissions, for options spreads especially, cost more than at IBKR itself. Several users suggest going to IBKR directly if possible.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "No free ETF plans or market data.",
                        "type": "text"
                      },
                      {
                        "text": " Some note there are no zero-fee ETF savings plans and no free real-time data.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Clunky withdrawals.",
                        "type": "text"
                      },
                      {
                        "text": " Older posts mention a waiting period before deposits can be withdrawn and a separate login for account management. Bank transfer is the only way to move money in or out.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Recently",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "No dated reviews from the last 90 days show up in the evidence.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://de.trustpilot.com/review/lynxbroker.de",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot (Germany)",
                        "type": "text"
                      },
                      {
                        "text": ": the German review page, the only one with a score.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.forexpeacearmy.com/forex-reviews/17236/LYNX-broker-review",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": a stock broker review page.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.reddit.com/search/?q=lynx+broker",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit search",
                        "type": "text"
                      },
                      {
                        "text": ": threads in r/BEFire, r/eupersonalfinance and German finance subreddits.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
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        ],
        "type": "doc"
      },
      "reviews_checked_on": "2026-10-06",
      "featured": false,
      "sort_order": 770,
      "seo_title": "LYNX review: regulation, fees and platforms",
      "seo_description": "LYNX review: AFM-regulated Dutch broker, €3,000 minimum deposit, LYNX+, TWS and TradingView for stocks, ETFs, options and futures on 100+ global markets.",
      "logo": "/logos/brokers/lynx.png"
    },
    {
      "slug": "upstox",
      "name": "Upstox",
      "tagline": "Indian discount broker with flat ₹20 orders and free mutual fund and IPO investing",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "Upstox is an Indian discount broker for people who want to trade and invest on NSE, BSE and MCX from a phone or browser. It suits active intraday and F\u0026O traders, and beginners who want to start with mutual funds or IPOs without paying commission. Its broking arm, Upstox Securities Pvt. Ltd., is registered with SEBI (INZ000315837), and the company's corporate office is in Mumbai.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Accounts and costs",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "There's one ",
                "type": "text"
              },
              {
                "marks": [
                  {
                    "type": "bold"
                  }
                ],
                "text": "demat and trading account",
                "type": "text"
              },
              {
                "text": ", and opening it costs nothing. You'll need your PAN and Aadhaar, plus salary slips, a bank statement or an ITR if you want futures, options, currency or commodity trading. Equity, F\u0026O, commodity and currency orders cost a flat ₹20 each, while mutual funds and IPOs are commission-free. New users don't pay the annual maintenance charge for the first year. That ₹20 also applies to delivery trades, which matters if you buy and hold shares often.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "content": [
              {
                "text": "Leverage comes as intraday margin, up to 5x on equity in reviews, and through the Margin Trading Facility, which lets you convert eligible delivery trades to MTF.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Platforms and markets",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "Everything runs on Upstox's own app and web platform, Upstox Pro. It has TradingView charts built in, with up to 8 charts at once, 100+ indicators and trading straight from the chart. Traders also get an option strategy builder, Greeks, open interest analysis and a futures heatmap. You can trade stocks, ETFs, futures and options, commodities and currency derivatives, plus mutual funds, IPOs, bonds and NCDs.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Money in and out",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "Money moves through your linked Indian bank account. Withdrawals by IMPS, NEFT or RTGS can take from 24 hours to 3 working days, and Upstox also offers instant withdrawals, which users report now carry a fee.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          }
        ],
        "type": "doc"
      },
      "website_url": "https://upstox.com",
      "founded_year": null,
      "headquarters": "Mumbai, India",
      "brand_color": "#5a298b",
      "primary_category": "stocks",
      "categories": [
        "stocks",
        "options",
        "futures"
      ],
      "markets": [
        "forex",
        "commodities",
        "stocks",
        "etfs",
        "options",
        "futures",
        "bonds"
      ],
      "regulators": [
        {
          "regulator": "sebi",
          "entity": "Upstox Securities Pvt. Ltd.",
          "licence": "INZ000315837"
        },
        {
          "regulator": "sebi",
          "entity": "",
          "licence": "INA000020484"
        }
      ],
      "platforms": [
        "proprietary"
      ],
      "accounts": [
        {
          "name": "Demat and trading account",
          "min_deposit": 0,
          "currency": "INR",
          "pricing": "₹0 account opening; ₹20 per order on equity, F\u0026O, commodity and currency orders; ₹0 commission on mutual funds and IPOs; no AMC in the first year for new users",
          "max_leverage": "Up to 5x on intraday equity and through MTF on eligible delivery trades"
        }
      ],
      "min_deposit": 0,
      "min_deposit_currency": "INR",
      "payment_methods": [
        "bank"
      ],
      "features": {},
      "investor_protection": "",
      "restricted_countries": [],
      "pros": [
        "Free demat and trading account, opened online with PAN and Aadhaar",
        "Flat ₹20 per order on intraday, F\u0026O, commodity and currency trades",
        "No commission on mutual funds and IPOs",
        "TradingView charts built in, with up to 8 charts at once",
        "Trade NSE, BSE and MCX from one account"
      ],
      "cons": [
        "Delivery trades cost ₹20 an order, where some rivals charge nothing",
        "Annual maintenance charge applies after the first year",
        "Instant withdrawals now carry a fee",
        "Account opening needs a PAN and an Aadhaar linked to your mobile"
      ],
      "review_sources": [
        {
          "source": "trustpilot",
          "rating": null,
          "scale": null,
          "count": 42,
          "url": "https://www.trustpilot.com/review/upstox.com",
          "checked_on": "2026-10-06"
        },
        {
          "source": "other",
          "label": "MouthShut",
          "rating": 1.73,
          "scale": 5,
          "count": 1387,
          "url": "https://www.mouthshut.com/product-reviews/upstox-reviews-925888524",
          "checked_on": "2026-10-06"
        },
        {
          "source": "other",
          "label": "PissedConsumer",
          "rating": 1.5,
          "scale": 5,
          "count": 47,
          "url": "https://upstox.pissedconsumer.com/review.html",
          "checked_on": "2026-10-06"
        },
        {
          "source": "sitejabber",
          "rating": 2.5,
          "scale": 5,
          "count": 2,
          "url": "https://www.sitejabber.com/reviews/upstox.com",
          "checked_on": "2026-10-06"
        },
        {
          "source": "reddit",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.reddit.com/r/IndianStockMarket/search/?q=upstox",
          "checked_on": "2026-10-06"
        }
      ],
      "review_summary_json": {
        "content": [
          {
            "content": [
              {
                "text": "Upstox is one of India's largest discount brokers, but the review sites that collect written complaints show it in a poor light. MouthShut users rate it 1.73 out of 5 from about 1,400 votes and PissedConsumer shows 1.5 from 47 reviews. Its Trustpilot page has only 42 reviews and no score in the material we collected. Sitejabber's two reviews are too few to mean much. Reddit is more divided, with plenty of users happy with the app.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "What traders like",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "The app on busy days.",
                        "type": "text"
                      },
                      {
                        "text": " Several Reddit users say the platform held up well on heavy days such as election results and IPO launches.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Ease of use.",
                        "type": "text"
                      },
                      {
                        "text": " Users switching from other apps praise the interface and say it is quick to place trades.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
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                        "marks": [
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                        "text": "Product range.",
                        "type": "text"
                      },
                      {
                        "text": " Some like being able to buy bonds, gold bonds and other products beyond plain shares.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
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            "attrs": {
              "level": 2
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            "content": [
              {
                "text": "Common complaints",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Support that does not answer.",
                        "type": "text"
                      },
                      {
                        "text": " The most common complaint on Trustpilot, PissedConsumer and Reddit is unanswered tickets and phone lines that are always busy.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
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                        ],
                        "text": "Rising and hidden charges.",
                        "type": "text"
                      },
                      {
                        "text": " Many reviewers say brokerage, account maintenance and back-office fees have crept up, and that charges for things like bank updates were not made clear. Several call the Basic and Plus plans confusing.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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                ],
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              {
                "content": [
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                        "text": "Withdrawals.",
                        "type": "text"
                      },
                      {
                        "text": " Some reviewers say instant withdrawals failed or payouts were rejected and took days to come back, and one says agreed compensation was never paid.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                            "type": "bold"
                          }
                        ],
                        "text": "Outages and order handling.",
                        "type": "text"
                      },
                      {
                        "text": " A few users describe the platform failing at key moments, and some Reddit traders dislike how stop-loss and GTT orders work.",
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                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
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                        "text": "Marketing messages.",
                        "type": "text"
                      },
                      {
                        "text": " Some reviewers say they get daily calls or texts after an abandoned sign-up.",
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                    ],
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                ],
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                "text": "Recently",
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            "content": [
              {
                "text": "No reviews clearly dated in the last 90 days turned up. The newest Trustpilot and PissedConsumer reviews repeat the themes above: support, fees and withdrawals.",
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              }
            ],
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            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Where this comes from",
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            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.trustpilot.com/review/upstox.com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": a small set of reviews, mostly negative.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "MouthShut",
                        "type": "text"
                      },
                      {
                        "text": ": Indian consumer review site with the largest pool of ratings.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://upstox.pissedconsumer.com/review.html",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "PissedConsumer",
                        "type": "text"
                      },
                      {
                        "text": ": complaints.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.sitejabber.com/reviews/upstox.com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Sitejabber",
                        "type": "text"
                      },
                      {
                        "text": ": two reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit search",
                        "type": "text"
                      },
                      {
                        "text": ": threads in r/IndianStockMarket and r/NSEbets.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
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          }
        ],
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      },
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      "seo_title": "Upstox review: regulation, fees and platforms",
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      "logo": "/logos/brokers/upstox.png"
    },
    {
      "slug": "tastytrade",
      "name": "tastytrade",
      "tagline": "US options-first broker owned by IG, with $1 options and capped commissions",
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            "content": [
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                "text": "tastytrade is a US broker built by options traders for options traders, founded by Tom Sosnoff and Scott Sheridan and now owned by IG Group. If you sell premium, trade spreads or want futures options alongside your stocks, it's one of the cheapest and most focused choices. tastytrade, Inc. is an SEC-registered broker-dealer and FINRA member, and it's also an NFA member for futures. Forex runs through a sister company, tastyfx, which is registered with the CFTC. It takes clients from many countries outside the US too.",
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                "text": "Accounts and costs",
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            "content": [
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                "text": "There's no minimum to open a cash, margin or IRA account, and you can add joint and entity accounts. Stocks and ETFs are commission-free. Stock and ETF options cost $1 per contract to open, nothing to close, and never more than $10 a leg. Futures are $1 a contract and futures options $1.25, with exchange and clearing fees on top. Exercise and assignment cost $5 per leg. A standard margin account gives 2:1 on stock, and portfolio margin goes up to 6.7:1. Securities are covered by SIPC up to $500,000, but futures and crypto aren't.",
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                "text": "tastytrade runs its own desktop, web and mobile platforms, all heavy on options tools: strategy presets, risk analysis and a backtester with over ten years of data. There's an open API, and you can link the account to TradingView. Markets cover US stocks and ETFs, options, futures, futures options, crypto, prediction markets and forex through tastyfx. International shares are only available as ADRs. There's no MetaTrader.",
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                "text": "You fund by ACH from a linked bank, wire or check, and you can even send crypto in from an outside wallet. Card deposits aren't possible. ACH withdrawals are free, but wire withdrawals are expensive.",
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        "Platforms built for options, with backtesting and risk analysis tools",
        "Stocks, options, futures, crypto and forex (via tastyfx) under one group",
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                "text": "tastytrade gets a fair but divided reception. It holds 3.8 on Trustpilot from about 610 reviews, though one review site that tracks the same page reports a lower figure, so the score may have slipped this year. Sitejabber has a single review. On Reddit the broker is popular with options traders, with steady complaints alongside the praise.",
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                        "text": " Options traders often say the desktop platform loads chains quickly and makes multi-leg trades take fewer clicks than at other brokers.",
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                        "text": " Many like the per-contract commission with nothing to close and a cap per leg.",
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                        "text": "Support that picks up.",
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                        "text": " Several reviewers say phone support answers quickly and staff are patient and competent.",
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                        "text": "Education and content.",
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                        "text": " The tastylive network and in-platform video get frequent praise.",
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                        "text": "Hard to learn.",
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                        "text": " Some new users find the platform confusing for basic tasks, such as setting up trailing orders.",
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                        "text": "Withdrawals and bank links.",
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                        "text": " Several reviewers describe trouble linking bank accounts, withdrawable balances showing zero, or fees on wires. A review site lists withdrawals and transfers as a frequent pain point.",
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                        "text": " Some Reddit users say advertised sign-up bonuses were not paid.",
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                        "text": "Direction under IG.",
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                        "text": " One long-time reviewer feels the broker has declined since IG Group took it over.",
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                        "text": "July 2026:",
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                        "text": " recent Trustpilot reviews include complaints about closing-only restrictions and bank-linking problems on business accounts, alongside praise for support staff.",
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                        "text": "October 2026:",
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                        "text": " a review site's latest update names the cluttered mobile app, withdrawals and support during account freezes as the repeated user complaints.",
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                        "text": "Trustpilot",
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                        "text": ": the main review page.",
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                        "text": "Sitejabber",
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                        "text": ": one review.",
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                        "text": "Forex Peace Army",
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                      {
                        "text": ": a broker page, with no score in our evidence.",
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                        "text": "TradingView",
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                        "text": ": verified client reviews.",
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                        "text": "Reddit",
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                      {
                        "text": ": the unofficial tastytrade subreddit and options trading threads.",
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            "content": [
              {
                "text": "Tradier is a US broker from Charlotte, North Carolina, built for active options traders and people who automate. Its big draw is the API: more than 100 outside platforms, like Option Alpha, plug into a Tradier account, and you can build your own. Stocks and options go through Tradier Brokerage, Inc., a broker-dealer registered with the SEC and a FINRA and SIPC member. Futures sit in a separate company, Tradier Futures Inc., working with Dorman Trading.",
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              {
                "text": "Accounts and costs",
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            "content": [
              {
                "text": "You pick a plan rather than an account type. Lite is free but charges $0.35 per stock trade and per options contract. Pro costs $10 a month and drops stocks and equity options to $0, with index options at $0.35. Pro Plus is $35 a month, adds cheaper index options at $0.10 and lower futures rates. A cash account has no minimum, margin needs $2,000, and IRAs are available. If your balance stays under $2,000 and you make fewer than two trades a year, there's a $50 inactivity fee.",
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                "text": "Tradier has its own web and mobile apps, and a desktop app on the paid plans. You can trade straight from TradingView charts, and every plan includes API access with paper trading. Futures run on Tradier Pro for Futures or CQG, with Rithmic connections for $25 a month. Spot FX is offered through TradingView, MT4 and MT5 at up to 50:1, and the site lists crypto too. It doesn't accept UK clients.",
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                "text": "Funding is by bank only: ACH or wire, with no cards or e-wallets. ACH deposits and withdrawals are free. Domestic wire withdrawals cost $30 and international ones $75.",
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        "Wire withdrawals cost $30 domestic and $75 international",
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            "content": [
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                "text": "Tradier has a small review footprint, and what there is splits by type of user. Its Trustpilot page holds 2.2 from 25 reviews, mostly negative, and one Option Alpha forum user called them some of the worst Trustpilot reviews they had seen. TradingView has a page of verified reviews with a mix of praise and complaints, but no score in the evidence we collected. On Reddit, algorithmic and API traders tend to speak well of Tradier, while people using it as an everyday broker are less happy.",
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                        "text": "Subscription pricing.",
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                        "text": " Heavy options traders like the flat monthly plans that cut per-contract costs, and one says it saved them a lot over tens of thousands of trades.",
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                        "text": " TradingView reviewers like trading straight from TradingView charts, and some mention reaching a human on support.",
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                        "text": "Withdrawals held up.",
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                        "text": " Several reviewers on Trustpilot, TradingView and Reddit say withdrawals were rejected or delayed, including wire and cheque requests and a ten-business-day hold on new deposits. One Reddit user replied that they had withdrawn large sums without trouble.",
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                        "text": "Outages and order problems.",
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                        "text": " Some TradingView users describe disconnections from TradingView, orders that would not cancel, and a day when trading stopped over an accounting issue.",
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                        "text": "Fees.",
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                        "text": " A few reviewers object to a $75 outgoing transfer fee and the inactivity fee, and one says a promised transfer bonus never arrived.",
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                        "text": "A clunky web interface.",
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                        "text": " Some say Tradier's own interface is confusing and better avoided if you are not trading through another platform.",
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                "text": "Recently",
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                "text": "Nothing dated in the last 90 days turned up in the evidence. The latest Trustpilot activity we saw was from June 2026.",
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                "text": "Where this comes from",
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                        "text": "Trustpilot",
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                        "text": ": the main review page, with a small number of reviews.",
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                        "text": "TradingView",
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                        "text": "Reddit search",
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                        "text": ": threads in r/options, r/algotrading and r/Daytrading.",
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                        "text": "Option Alpha community",
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                      {
                        "text": ": a thread comparing Tradier with TradeStation.",
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    {
      "slug": "tradestation",
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      "tagline": "US broker for active futures, options and stock traders, known for its desktop platform",
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            "content": [
              {
                "text": "TradeStation is a US broker built for active traders, especially in futures and options. People pick it for its desktop platform and its EasyLanguage scripting, which lets you write, backtest and automate your own strategies. TradeStation Securities, Inc. is registered with the SEC as a broker-dealer, is a member of FINRA, SIPC and the NFA, and is a CFTC-registered futures commission merchant. In the UK, TradeStation International Ltd is FCA-authorised as an introducer.",
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                "text": "There's no minimum to open an individual or joint account, and US stocks and ETFs trade for $0 commission up to 10,000 shares per order. Options and futures are charged per contract. You'll need $2,000 for a margin account, with equity margin rates from 4.50%. IRAs come in Traditional, Roth, SEP and SIMPLE flavours, but they carry a $35 annual fee and $50 to close, which most rivals don't charge. Cash only earns interest above $100,000, and some legacy plans have a monthly service fee unless you trade enough.",
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                "text": "You get TradeStation's desktop platform (now TITAN X), plus web and mobile apps. You can also connect your account to TradingView and trade stocks, futures and single-leg options from the chart. An API lets other platforms plug in, and there's no MetaTrader. Markets cover US stocks, ETFs, options, futures and futures options, bonds, mutual funds and crypto through a separate crypto account.",
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                "text": "TradeStation's reputation splits between the platform, which traders rate highly, and the service around it, which draws most of the complaints. Trustpilot now shows a 4-star rating from about 1,500 reviews, a big change from the 1.4 to 1.8 that review sites quoted between 2022 and 2025, when the page had only a hundred or so reviews; TradeStation runs its own Trustpilot invitation page. Sitejabber sits at 1.6 from 18 reviews, and the BBB and Forex Peace Army pages are mostly complaints.",
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                        "text": " Long-time users, some going back to the 1990s, praise the charting and the ability to code and backtest their own indicators and strategies.",
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                        "text": "Fills and order entry.",
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                        "text": " Reddit options and futures traders often say fills are good and that complex and chart-based orders are easy to set up.",
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                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "TradingView integration.",
                        "type": "text"
                      },
                      {
                        "text": " Several traders like routing orders straight from TradingView charts.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
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                        "text": "Helpful staff.",
                        "type": "text"
                      },
                      {
                        "text": " Recent Trustpilot reviews often mention friendly support agents.",
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                    ],
                    "type": "paragraph"
                  }
                ],
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              }
            ],
            "type": "bulletList"
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            "attrs": {
              "level": 2
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            "content": [
              {
                "text": "Common complaints",
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            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Withdrawals and funds held in review.",
                        "type": "text"
                      },
                      {
                        "text": " The heaviest theme on BBB, Forex Peace Army and Reddit: withdrawals or outgoing transfers delayed or capped while an account is under review, with little explanation.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Slow, hard to reach support.",
                        "type": "text"
                      },
                      {
                        "text": " Reviewers describe long phone queues and slow resolutions once something goes wrong, which BrokerChooser's roundup of March to June 2026 forum posts also found.",
                        "type": "text"
                      }
                    ],
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                  }
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                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Fees.",
                        "type": "text"
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                      {
                        "text": " Some complain about market data costs, inactivity fees for small accounts and a $30 corporate action fee.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "TITAN X gaps.",
                        "type": "text"
                      },
                      {
                        "text": " A TradingView reviewer who moved to the new TITAN X platform says key options tools such as a risk graph are missing.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              }
            ],
            "type": "bulletList"
          },
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            "attrs": {
              "level": 2
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            "content": [
              {
                "text": "Recently",
                "type": "text"
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            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Mid 2026:",
                        "type": "text"
                      },
                      {
                        "text": " a BBB reviewer says a balance of about $32,600 was frozen for over a month and that in June 2026 support capped a withdrawal at $2,000 pending an internal review. No other dated reviews from the last 90 days turned up.",
                        "type": "text"
                      }
                    ],
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              }
            ],
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          },
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            "attrs": {
              "level": 2
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            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
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            ],
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          },
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.trustpilot.com/review/tradestation.com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
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                      {
                        "text": ": the main review page, the biggest pool of reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
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                              "href": "https://www.sitejabber.com/reviews/tradestation.com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Sitejabber",
                        "type": "text"
                      },
                      {
                        "text": ": a small, mostly negative set of reviews.",
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                      }
                    ],
                    "type": "paragraph"
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.forexpeacearmy.com/forex-reviews/165/tradestation-stock-broker",
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": older trader reviews, including withdrawal problems.",
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                    "type": "paragraph"
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                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.myfxbook.com/reviews/brokers/tradestation/949696,1",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Myfxbook",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews.",
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                    ],
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                "content": [
                  {
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                              "target": "_self"
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                            "type": "link"
                          }
                        ],
                        "text": "TradingView",
                        "type": "text"
                      },
                      {
                        "text": ": reviews from verified TradingView users.",
                        "type": "text"
                      }
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "BBB",
                        "type": "text"
                      },
                      {
                        "text": ": complaints filed with the Better Business Bureau.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                            "attrs": {
                              "class": null,
                              "href": "https://www.consumeraffairs.com/finance/tradestation.html",
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "ConsumerAffairs",
                        "type": "text"
                      },
                      {
                        "text": ": customer reviews.",
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                      }
                    ],
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              {
                "content": [
                  {
                    "content": [
                      {
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                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.reddit.com/r/FuturesTrading/comments/t8mk3n/is_tradestation_terrible/",
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                              "target": "_self"
                            },
                            "type": "link"
                          }
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                        "text": "Reddit",
                        "type": "text"
                      },
                      {
                        "text": ": a futures traders' thread on withdrawals and service.",
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      "sort_order": 810,
      "seo_title": "TradeStation review: regulation, fees and platforms",
      "seo_description": "TradeStation review: SEC, FINRA and NFA regulated US broker, $0 minimum deposit, own desktop platform and TradingView, stocks, options, futures and crypto.",
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    {
      "slug": "ninjatrader",
      "name": "NinjaTrader",
      "tagline": "US futures broker and platform with $50 day margins and micro commissions from $0.09",
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            "content": [
              {
                "text": "NinjaTrader is a US futures broker that grew out of one of the best-known futures charting platforms, around since 2001. It suits active day traders who want cheap micro contracts, low day margins and serious charting in one place. Accounts clear through NinjaTrader Clearing, LLC, a CFTC-registered futures commission merchant and NFA member, and client money sits in segregated accounts as US futures rules require.",
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                "text": "Accounts and costs",
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                "text": "There's no minimum deposit, and any funded balance unlocks your plan. You pick one of three pricing plans. The Free plan has no monthly fee and charges $0.39 per side on Micro contracts and $1.29 on Standard ones. The Monthly plan costs $99 and cuts that to $0.29 and $0.99. The Lifetime plan is a one-off ",
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                "text": "$1,499",
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                "text": " and drops commissions to $0.09 and $0.59. Exchange, clearing and NFA fees go on top. Intraday margins start at $50 for Micros and $500 for the E-mini S\u0026P 500, though they can jump to four times that before big news. Watch the $35 monthly fee if you're on the Free plan, log in and don't trade.",
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                "text": "Platforms and markets",
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            "content": [
              {
                "text": "You get NinjaTrader Desktop, Web and Mobile, with free simulated trading, Market Replay and backtesting. You can also trade from TradingView charts or route through Rithmic for an extra fee. The menu is over 100 futures across CME, COMEX, NYMEX, CBOT and Eurex: equity indices, energy, metals, treasuries, crypto, agriculture and single-stock futures. There are individual, joint, business and futures-only IRA accounts, but no stocks or options on futures through NinjaTrader's own brokerage.",
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                "text": "Money in and out",
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                "text": "You can deposit by ACH, debit card, digital wallet, wire or check. ACH, debit card and incoming wire deposits are free, with a $5 minimum on ACH and card. Standard withdrawals are free.",
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          "pricing": "No monthly fee; $0.39 per side on Micro contracts, $1.29 on Standard, plus exchange, clearing and NFA fees",
          "max_leverage": "Intraday margins from $50 on Micro contracts and $500 on the E-mini S\u0026P 500"
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          "name": "Monthly plan",
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          "pricing": "$99 a month; $0.29 per side on Micro contracts, $0.99 on Standard, plus exchange, clearing and NFA fees",
          "max_leverage": "Intraday margins from $50 on Micro contracts and $500 on the E-mini S\u0026P 500"
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        {
          "name": "Lifetime plan",
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        "NinjaTrader Desktop, Web and Mobile included, plus TradingView integration",
        "Free unlimited simulated trading, market replay and backtesting",
        "CFTC-registered FCM with client funds in segregated accounts"
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        "Futures only, with no options on futures through its own brokerage",
        "Free plan accounts that log in but don't trade pay a $35 monthly fee",
        "Connecting other brokers needs the Multi-Broker add-on at $99 a month",
        "Exchange, clearing and NFA fees come on top of the headline commissions",
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          "count": 1182,
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          "source": "other",
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          "url": "https://www.tradingview.com/broker/NinjaTrader/reviews/",
          "checked_on": "2026-10-06"
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        {
          "source": "forexpeacearmy",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.forexpeacearmy.com/forex-reviews/14638/ninjatrader-trading-platform",
          "checked_on": "2026-10-06"
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        {
          "source": "myfxbook",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.myfxbook.com/reviews/trading-platforms/ninjatrader/365054,1",
          "checked_on": "2026-10-06"
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          "source": "reddit",
          "rating": null,
          "scale": null,
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          "url": "https://www.reddit.com/r/ninjatrader/",
          "checked_on": "2026-10-06"
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                "text": "NinjaTrader's reviews are mixed, with strong praise for the platform and support, and a growing number of complaints about reliability and moving money. It holds 3.9 on Trustpilot from about 1,200 reviews. Finder says that is down from a stronger showing in 2024. TradingView, Forex Peace Army and Myfxbook have pages but no score in what we collected, and Reddit, including r/ninjatrader, is where most of the longer discussion happens.",
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                        "text": "The platform.",
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                        "text": " Many reviewers praise the charting, the automation through NinjaScript, and market replay for practice.",
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                        "text": " Trustpilot reviewers often name support agents who walked them through problems over screen share, and say help is quick to arrive.",
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                        "text": "Low cost to start.",
                        "type": "text"
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                      {
                        "text": " Reddit futures traders point to low day-trading margins and cheap commissions.",
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                "content": [
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                        "text": "TradingView link.",
                        "type": "text"
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                        "text": " Some TradingView reviewers say connecting a NinjaTrader account takes no setup.",
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                        "text": "Withdrawal holds.",
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                      {
                        "text": " The most common money complaint. Several Reddit users describe being unable to withdraw recently deposited funds for weeks, including a 60-day hold on wire deposits, and some say withdrawals were declined.",
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                        "text": "Licence terms.",
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                        "text": " A few lifetime licence holders on Trustpilot say the licence feels less permanent than they expected.",
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                        "text": " A widely shared Reddit post describes a painful brokerage application, though replies in the same thread report smooth sign-ups.",
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                        "text": "August 2026:",
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                        "text": " Finder reported that recent reviews raise more complaints than before about latency, outages and platform stability, and that NinjaTrader's BBB accreditation is suspended.",
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                "content": [
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                        "text": "August 2026:",
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                      {
                        "text": " DayTrading.com noted the company replies to about 90% of negative Trustpilot reviews within 48 hours.",
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                "text": "Where this comes from",
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                        "text": "Trustpilot",
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                        "text": ": the main review page.",
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                        "text": "TradingView",
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                        "text": ": reviews from traders who connect an account.",
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                        "text": "Forex Peace Army",
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                      {
                        "text": ": futures broker review page.",
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                        "text": "Myfxbook",
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                        "text": ": platform reviews.",
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                        "text": "Finder",
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      "seo_title": "NinjaTrader review: regulation, fees and platforms",
      "seo_description": "NinjaTrader review: CFTC-registered FCM and NFA member, no minimum deposit, $50 Micro day margins, commissions from $0.09, NinjaTrader and TradingView.",
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    {
      "slug": "tradovate",
      "name": "Tradovate",
      "tagline": "Cloud-based US futures broker with plan-based commissions and built-in TradingView",
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          {
            "content": [
              {
                "text": "Tradovate is a US futures broker built around a cloud platform, so your charts, workspaces and orders follow you between devices. It's popular with day traders on micro contracts and with prop firm traders, since plenty of funded programmes run on it. Since 2025 it's part of the NinjaTrader group, which Kraken's parent bought, and brokerage accounts are held by NinjaTrader Clearing, LLC, a CFTC-registered futures commission merchant and NFA member (ID 0309379).",
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                "text": " plan charges $0.39 per side on micros and $1.29 on standard futures. The ",
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                "type": "text"
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              {
                "text": " plan adds a subscription and cuts that to $0.29 and $0.99, and the ",
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                "text": "Lifetime",
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              {
                "text": " plan is a one-off licence with the lowest rates, $0.09 and $0.59. Exchange, clearing and NFA fees come on top, and you'll pay exchange fees for real-time data. Day-trading margins start from $10, though overnight margins are set by the exchange.",
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                "text": "Platforms and markets",
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                "text": "The Tradovate platform runs on Mac, PC, web, iPhone, iPad and Android, and every plan now includes NinjaTrader Desktop, Web and Mobile too. You can trade straight from TradingView charts, and Market Replay lets you rerun past sessions in simulation. Markets cover CME futures and options on indices, interest rates, metals, energy, grains and currencies, in standard, mini, micro and nano sizes. There's free simulated trading to learn on.",
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                "text": "You can fund by ACH, wire or debit card, and Tradovate doesn't charge for card deposits. Withdrawals go out by ACH (US residents) or wire, never back to a card. A US wire costs $30, and card deposits are held for five days before they can go out by ACH.",
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          "pricing": "No monthly fee; $0.39 per side on micros, $1.29 on standard futures, $0.20 on nano and event contracts",
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        {
          "name": "Monthly plan",
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          "pricing": "Subscription; $0.29 per side on micros, $0.99 on standard futures, $0.15 on nano and event contracts",
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                "text": "Tradovate's reviews have fallen a long way. Reddit users in 2020 pointed to a 4.5-star Trustpilot page; it now sits at 1.6 from about 1,900 reviews. RealReviews shows 4.1, but from only 15 reviews. Many reviewers date the slide to the NinjaTrader takeover in 2022, and much of the anger is about support and getting money out. Futures traders on Reddit are more divided, and several still use it for its low margins and TradingView link.",
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                        "text": " Reddit users often name low intraday margins and competitive commission plans as the reason they chose Tradovate.",
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                        "text": " Reviewers on TradingView and Reddit like that the web, desktop and mobile apps share one layout, and that the TradingView integration works.",
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                        "text": "Good for beginners.",
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                        "text": " Some TradingView reviewers say it is easy to start with, and App Store users praise a demo that behaves like a live account.",
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                        "text": "Withdrawals.",
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                      {
                        "text": " Several reviewers on Trustpilot, Reddit and Tradovate's own forum describe withdrawals that took weeks, refunds paid in the wrong amount, or international clients told they need a US bank account or ACH. Tradovate's help pages describe hold periods on recently deposited funds.",
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                        "text": " Many Reddit and Trustpilot reviewers say support became slow or unhelpful after NinjaTrader bought the firm, with emails to compliance going unanswered.",
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                        "text": " Some describe the desktop app as buggy, with order delays, freezes, bracket orders failing, and positions auto-liquidated without warning.",
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                      {
                        "text": " Some Reddit users say market data fees, data commissions and a 30 USD outgoing wire fee make it dearer than it looks.",
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                        "text": " One TradingView reviewer says their funds sat for almost two months waiting for account approval.",
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                        "text": "September 2026:",
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                        "text": " a review site recorded the Trustpilot score at 1.6, and one of the newest Trustpilot reviews defends Tradovate against the negative ones. No other dated reviews from the last 90 days are in the evidence.",
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                "text": "Where this comes from",
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                        "text": "Trustpilot",
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                        "text": ": Tradovate's main review page.",
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                        "text": "TradingView",
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                        "text": ": reviews from verified TradingView users with linked accounts.",
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              {
                "content": [
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                        "text": "RealReviews",
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                        "text": ": a small set of customer reviews.",
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              {
                "content": [
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                        "text": "Reddit",
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                        "text": ": futures traders comparing experiences.",
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                        "text": "Tradovate forum",
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                        "text": ": a user thread on a delayed refund.",
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      "seo_description": "Tradovate review: CFTC-registered, NFA member futures broker in the NinjaTrader group. $0 minimum, micros from $0.09 a side, TradingView and NinjaTrader access.",
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                "text": "AMP Futures is a Chicago futures broker that's been running since 2004 offering cheap, direct access to exchange-traded futures. It suits day traders who already know which software they like. The firm trades as AMP Global Clearing, LLC, a futures commission merchant regulated by the CFTC and an NFA member (ID 0412490), and it's a clearing member of CME, CBOT, COMEX and NYMEX.",
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          {
            "content": [
              {
                "text": "You need $100 to open and activate an account, and it can be individual, joint, corporate, trust or an IRA. Commissions are charged per contract, starting from around $0.42, with exchange and data fees on top. Day trade margins are low: about $400 for the E-mini S\u0026P 500 and $40 for the Micro. There's no inactivity fee and no monthly volume requirement. Watch for a $25 per contract charge if the desk has to liquidate you, and keep in mind there's no negative balance protection.",
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            "content": [
              {
                "text": "The big draw is choice. AMP supports 50+ platforms and four data feeds (CQG, Rithmic, TT and Teton), including MT5, TradingView, Quantower, Sierra Chart, Bookmap, ATAS, MultiCharts and the CQG and TT suites, and many are free for clients. Markets are futures and options on futures across US exchanges, with some European and Asian venues too. Free demos are available, and you can also follow strategies through Collective2 and iSystems.",
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            "content": [
              {
                "text": "Funding is by wire, ACH or check, and AMP doesn't charge for deposits. It accepts most major currencies but not Wise or other money transfer services, and the bank account must be in your name. ACH withdrawals in the US are free, while wires cost $30.",
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        "Low $100 minimum deposit",
        "Very low day trading margins, such as $40 on Micro E-mini S\u0026P 500",
        "50+ platforms and four data feeds (CQG, Rithmic, TT, Teton), many free",
        "Clearing member of CME, CBOT, COMEX and NYMEX",
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        "No negative balance protection, so losses beyond your deposit are yours",
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                "text": "AMP Futures is generally well regarded by the futures traders who review it, with a vocal minority of serious complaints. It holds 4.3 on Trustpilot from about 1,000 reviews and 5.0 on Reviews.io, though that rests on only eight reviews. Forex Peace Army and TradingView carry reviews but no score in our evidence. On Reddit's r/FuturesTrading it splits opinion: long-time users call it a cheap, no-frills broker that works, while others describe withdrawal and support problems.",
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                        "text": "Platform choice.",
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                        "text": " Traders like picking from dozens of platforms and routes such as CQG, Rithmic, Quantower, MT5 and TradingView.",
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                        "text": " for many reviewers, with most withdrawals arriving the same or next day.",
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                        "text": "Withdrawal problems.",
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                      {
                        "text": " Several Reddit, Forex Peace Army and Trustpilot posters describe wires that went missing for days, rejected requests or trading disabled while a transfer was investigated. AMP only pays out to the original funding source, and a new bank needs extra checks.",
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                        "text": "Platform and routing outages.",
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                      },
                      {
                        "text": " A few TradingView reviewers say they could not close positions during platform outages and that trades disappeared; Reddit posters blame some order errors on specific routes.",
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                        "text": "Compliance rejections and balance corrections.",
                        "type": "text"
                      },
                      {
                        "text": " Some reviewers say applications were refused without clear reasons, or that unexplained adjustments left accounts negative.",
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                "text": "Recently",
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                "content": [
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                        "text": "July 2026:",
                        "type": "text"
                      },
                      {
                        "text": " a new r/FuturesTrading thread drew mostly positive replies from multi-year users. A Forex Peace Army reviewer described trading being disabled during a disputed wire.",
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                        "text": "August 2026:",
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                      {
                        "text": " Trustpilot reviews included a company refused over a shareholder's nationality, which AMP put down to US compliance rules.",
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            "content": [
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                "text": "Where this comes from",
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                        "text": "Trustpilot",
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                        "text": ": the main review page and largest pool.",
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                        "text": "TradingView",
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                        "text": ": reviews from TradingView customers.",
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                        "text": "Forex Peace Army",
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                        "text": "Reviews.io",
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                        "text": ": a handful of reviews.",
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                        "text": "Reddit r/FuturesTrading",
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      "seo_title": "AMP Futures review: regulation, fees and platforms",
      "seo_description": "AMP Futures is a CFTC and NFA regulated US futures broker with a $100 minimum deposit, low day trading margins and 50+ platforms including Rithmic and MT5.",
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    {
      "slug": "optimus-futures",
      "name": "Optimus Futures",
      "tagline": "US futures broker with low day trading margins and 20+ platforms, TradingView included",
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                "text": "Optimus Futures is a futures-only broker based in Boca Raton, Florida, that's been running since 2004. It's an independent introducing broker, which means it handles your account and support while a separate clearing firm, such as Ironbeam, holds your money and clears your trades. That setup suits active futures day traders who care about low commissions, tight day margins and picking their own platform. Optimus Futures, LLC is an NFA member (ID 0481133) and registered with the CFTC, and client funds sit in segregated accounts at the clearing firm.",
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                "text": "Accounts and costs",
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              {
                "text": "You need $500 to trade Micros and $2,000 for E-minis or standard contracts. Individual, joint, corporate, trust and IRA accounts are all available. Commissions start at $0.25 per side on Micros and $0.75 on E-minis, dropping to as little as $0.05 for heavy traders, with exchange and NFA fees passed through at cost. Day trading margins go as low as $50 on Micros and $500 on E-minis, which is a lot of leverage, so size carefully. Non-US clients pay an extra clearing fee, and CME Level 1 data is free if you place 10 or more trades a month.",
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                "text": "Platforms and markets",
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            "content": [
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                "text": "The house platforms, Optimus Flow, Optimus Web and Optimus Mobile, are free and come with DOM, order flow and market profile tools. You can also trade through TradingView, including its mobile app, plus Sierra Chart, MT5, R Trader Pro, MultiCharts and more than a dozen others. Markets cover futures and options on futures across CME Group exchanges and international venues such as Eurex and ICE.",
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                "text": "Funding is by bank wire or ACH, with no cards or e-wallets. ACH withdrawals are free for US clients, but wires cost $40 domestic and $60 international, which is steep.",
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                "text": "Optimus Futures is a small futures introducing broker with a small but mostly positive review base. It holds a 4-star rating on Trustpilot from about 200 reviews. TradingView and Forex Peace Army carry further trader reviews, and Reddit's futures communities discuss it alongside AMP and EdgeClear. Nearly every positive review is about support; the negative ones are about support too, and about getting money out.",
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                        "text": " One Reddit comparison calls it a solid first futures broker.",
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                        "text": " A Reddit user says withdrawals were wire or check only with no easy ACH, and a few Trustpilot reviewers say getting money back took far too long. Review sites list withdrawal fees of $20 to $60.",
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                        ],
                        "text": "Support that falls short for some.",
                        "type": "text"
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                      {
                        "text": " A handful of Trustpilot reviewers describe the worst service they have had, including slow answers when opening an account.",
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                        "text": "TradingView connection glitches.",
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                      {
                        "text": " Some TradingView reviewers mention trades not showing and no 24/7 phone line when it happened.",
                        "type": "text"
                      }
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                        "text": "Costs for scalpers.",
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                      {
                        "text": " A few Reddit users say commissions are not shown in live P\u0026L and that quotes for some setups looked expensive.",
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                "text": "No dated reviews from the last 90 days in our sources. The newest Trustpilot reviews keep the same split, with praise for named support staff alongside a few strongly negative support complaints.",
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                "text": "Where this comes from",
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                        "text": "Trustpilot",
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                      {
                        "text": ": the broker's main review page.",
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                "content": [
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                        "text": "TradingView",
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                        "text": ": reviews from traders connecting through TradingView.",
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                            },
                            "type": "link"
                          }
                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews.",
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              {
                "content": [
                  {
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                      {
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                        "text": "Reddit",
                        "type": "text"
                      },
                      {
                        "text": ": a trader comparing Optimus with EdgeClear.",
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      "seo_title": "Optimus Futures review: regulation, fees and platforms",
      "seo_description": "Optimus Futures review: NFA member and CFTC registered, $500 minimum for Micros, commissions from $0.25 a side, Optimus Flow, TradingView, MT5 and Sierra Chart.",
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    {
      "slug": "discount-trading",
      "name": "Discount Trading",
      "tagline": "US futures broker with commissions from $0.20 per contract and $40 micro day-trade margins",
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        "content": [
          {
            "content": [
              {
                "text": "Discount Trading is a US futures broker that's been around since 1997, and its whole pitch is low commissions and low day-trade margins. It suits active futures day traders and scalpers who already know which platform they want. It's registered with the CFTC and a member of the NFA (ID 0283032), and accounts are cleared through Ironbeam in Chicago. It takes clients from the US and most other countries, including Canada.",
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            "content": [
              {
                "text": "Accounts and costs",
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          {
            "content": [
              {
                "text": "A standard futures account needs $1,500 to open, or $500 if you'll only trade micros. Self-directed traders pay $0.49 or less per contract on standard futures and $0.20 or less on micro index futures, with exchange, clearing and regulatory fees on top. If you lean on the desk for help, you may be moved to a higher assisted rate. Day-trade margins start at $400 for ES and $40 for MES, which is a lot of leverage. There are no inactivity fees and no minimum number of trades. Individual, joint, corporate, trust and IRA accounts are all available.",
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                "text": "Platforms and markets",
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              {
                "text": "You get a choice of 20+ platforms. MegaTrader is its own free platform, and there's Sierra Chart, Quantower, R Trader Pro, TradingView, CQG Desktop, ATAS, MotiveWave, Bookmap and TickBlaze, with routing over Rithmic, CQG or Teton. Markets cover equity index, energy, metals, grains, softs, interest rate and currency futures, plus options on futures. A free $50K demo is available.",
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                "text": "Money in and out",
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          {
            "content": [
              {
                "text": "You fund by bank wire, ACH through Plaid or check. Wires that arrive by 11:30 AM Central are credited the same day, while ACH can take up to five business days and is held for ten before you can withdraw it. Withdrawals go out by wire or check.",
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        "Commissions of $0.49 or less per contract, $0.20 on micro indices",
        "Very low day-trade margins, $400 ES and $40 MES",
        "20+ platforms including Sierra Chart, Rithmic, Quantower and TradingView",
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        "$1,500 to open a standard account, $500 for micro-only",
        "Futures and futures options only, no stocks or forex spot",
        "Low margins mean high leverage and fast losses",
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          "rating": 3.8,
          "scale": 5,
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          "source": "reddit",
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                "text": "There is very little trader feedback on Discount Trading. Its Trustpilot page shows 3.8 from just 3 reviews, and Trustpilot notes the company has never invited customers to review, so the score says little. Beyond that, the evidence is a handful of Reddit comments in futures trading threads, and those are positive.",
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                        "text": "Low commissions and margins.",
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                        "text": " Reddit users and a Trustpilot reviewer say it has some of the lowest rates they have found for e-mini and micro futures, with low day-trading margins.",
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                        "text": "Small accounts welcome.",
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                        "text": " One Reddit user who says they have been a client for ten years points to the low minimum to open an account.",
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                        "text": "No problems reported with the data feed.",
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                      {
                        "text": " A Reddit user clearing through Ironbeam via Discount Trading says the feed has been reliable across platforms.",
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                "text": "The evidence shows no pattern of complaints. With this few reviews, the absence of complaints is not a strong signal either way.",
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                "text": "No dated reviews from the last 90 days in the evidence.",
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                "text": "Where this comes from",
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                        "text": "Trustpilot",
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                        "text": ": three reviews, none invited by the company.",
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                        "text": "Reddit",
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                        "text": ": futures traders comparing brokers for small accounts.",
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      "seo_title": "Discount Trading review: regulation, fees and platforms",
      "seo_description": "Discount Trading is a CFTC registered, NFA member futures broker with a $500 micro minimum, $0.20 micro commissions, Sierra Chart, Rithmic and TradingView.",
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    {
      "slug": "edgeclear",
      "name": "EdgeClear",
      "tagline": "Chicago futures introducing broker known for low micro commissions and personal brokers",
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          {
            "content": [
              {
                "text": "EdgeClear is a futures broker based in Chicago, set up in 2020, and it's built for active day traders who care about commissions and want a real person on the phone. It's an introducing broker registered with the CFTC and a member of the NFA. That means EdgeClear handles you, the platforms and support, while your money sits with a clearing firm (FCM) such as Phillip Capital, Ironbeam, Dorman Trading or Plus500.",
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                "text": "Accounts and costs",
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          {
            "content": [
              {
                "text": "There's one futures account, opened as individual, joint or corporate. Commissions start at $0.22 per side on popular micro, nano and small contracts, and the commissions page shows the all-in rate once Rithmic or CQG fees are added. Day-trade margins can be as low as $50 on micros and $500 on E-minis, depending on the clearing firm and routing. Reported minimum deposits range from $500 to $5,000 ($1,500 if you only trade micros), so ask before you apply. Every client gets a personal broker, and high-volume traders can look at Platinum VIP services or a CME membership.",
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            "content": [
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                "text": "You're not tied to one platform. EdgeClear connects to TradingView (through CQG), Rithmic, CQG, Sierra Chart, MotiveWave, Trading Technologies and Bookmap, and it has its own EdgeProX risk platform and EdgeClear Insights analytics. A demo is available. You can trade CME Group futures and options across indices, currencies, metals, agriculture and crypto.",
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            "content": [
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                "text": "You fund the account at your clearing firm, usually by wire, and some FCMs take ACH or checks. EdgeClear says it doesn't charge deposit or withdrawal fees, but domestic wires out can cost $10 to $30 depending on the FCM. Withdrawals generally take one to two business days.",
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        "sierrachart",
        "proprietary"
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          "currency": "USD",
          "pricing": "From $0.22 per side on popular micro, nano and small contracts, plus Rithmic or CQG routing fees",
          "max_leverage": "Day-trade margins from $50 on micros and $500 on E-minis"
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        "Very low commissions on micro and small futures contracts",
        "A dedicated personal broker for each client",
        "Trade through TradingView, Rithmic, CQG, Sierra Chart or its own EdgeProX",
        "Choice of clearing firms including Phillip Capital, Ironbeam and Dorman",
        "Low day-trade margins on micros"
      ],
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        "Futures only, no stocks or CFDs",
        "Minimum deposit varies by clearing firm and is unclear up front",
        "Funding is mostly by wire transfer",
        "Data and routing fees are added on top of commissions"
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          "source": "trustpilot",
          "rating": 2.6,
          "scale": 5,
          "count": 22,
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        {
          "source": "other",
          "label": "TradingView",
          "rating": null,
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          "url": "https://www.tradingview.com/broker/EdgeClear/reviews/",
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        {
          "source": "reddit",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.reddit.com/r/FuturesTrading/comments/17yjrr2/tell_me_about_your_edge_clear_experience_please/",
          "checked_on": "2026-10-06"
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            "content": [
              {
                "text": "EdgeClear is a small Chicago futures introducing broker, and its review pool is small too. Trustpilot has only 22 reviews, and Traders Union puts the score at 2.6 as of July 2026, down from the 4.1 Trustpilot listed when the page had 18 reviews, so a few low reviews move it a lot. TradingView hosts a much larger set of reviews, which EdgeClear says number over 200 at five stars, though no score shows in our evidence and the broker runs a monthly prize draw for clients who leave one. On Reddit's futures community it is one of the most recommended brokers.",
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                "text": "What traders like",
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                        "text": "People who pick up the phone.",
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                      {
                        "text": " The standout theme everywhere: a named personal broker, fast replies, and someone answering calls, often compared with Tradovate and AMP.",
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              {
                "content": [
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                        "marks": [
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                        "text": "Platform choice.",
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                      },
                      {
                        "text": " Sierra Chart, NinjaTrader, TradingView via CQG and its own EdgeProX, without pushing one.",
                        "type": "text"
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              {
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                        "text": "Competitive commissions.",
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                      },
                      {
                        "text": " Several say the all-in cost is in line with or below rivals, especially on micros.",
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                      }
                    ],
                    "type": "paragraph"
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                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Smooth setup.",
                        "type": "text"
                      },
                      {
                        "text": " Many TradingView reviewers say connecting and funding took a day or less.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Common complaints",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Withdrawals are clunky.",
                        "type": "text"
                      },
                      {
                        "text": " Several Reddit users say they cannot withdraw by ACH and must use a wire or a check, and at least one closed their account over it. Others report same-day wires without trouble.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "High margins.",
                        "type": "text"
                      },
                      {
                        "text": " Some say initial and maintenance margins are well above discount brokers, which matters for larger or day-trading accounts.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Margin calls handled strictly.",
                        "type": "text"
                      },
                      {
                        "text": " One detailed Trustpilot review describes being liquidated twice during a margin shortfall after staff appeared to suggest re-entering positions. EdgeClear's reply says the trader chose to re-enter, was warned several times, and that the wire took days to arrive.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Service not for everyone.",
                        "type": "text"
                      },
                      {
                        "text": " A few say support was harder to reach than its reputation suggests.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
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            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Recently",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "July 2026:",
                        "type": "text"
                      },
                      {
                        "text": " the margin liquidation dispute above was posted on Trustpilot in mid-July, with a full reply from EdgeClear.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.trustpilot.com/review/edgeclear.com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the review page; score as reported by Traders Union in July 2026.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "TradingView",
                        "type": "text"
                      },
                      {
                        "text": ": verified reviews from traders who connect their accounts.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit",
                        "type": "text"
                      },
                      {
                        "text": ": a long r/FuturesTrading thread of client experiences, one of several.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              }
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      "reviews_checked_on": "2026-10-06",
      "featured": false,
      "sort_order": 870,
      "seo_title": "EdgeClear review: regulation, fees and platforms",
      "seo_description": "EdgeClear is an NFA member futures broker in Chicago with commissions from $0.22 per side on micros, TradingView, Rithmic and Sierra Chart, and CME futures.",
      "logo": "/logos/brokers/edgeclear.png"
    },
    {
      "slug": "ironbeam",
      "name": "Ironbeam",
      "tagline": "Chicago futures broker and CME clearing firm with no account minimum and $50 micro margins",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "Ironbeam is a Chicago futures broker that's also a CME Group clearing member, so when you open an account you're dealing directly with the firm that clears your trades rather than an introducing broker in the middle. It suits active futures day traders, especially those trading micro and mini equity index contracts. Ironbeam, Inc. is registered with the CFTC as a Futures Commission Merchant and is a member of the NFA.",
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            "content": [
              {
                "text": "Accounts and costs",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "There's no minimum deposit to open a live account, and you can choose individual, joint, IRA or corporate accounts. Ironbeam itself recommends at least $1,000 if you're day trading micros and $10,000 for minis. Day trade margins start at $50 on popular micro contracts, $500 on minis and $10 on nanos. You pay a commission per contract plus exchange, clearing and NFA fees. The Ironbeam platform is free and includes Level 1 and Level 2 CME data. Getting money out by wire costs $40 domestically and $60 internationally.",
                "type": "text"
              }
            ],
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          },
          {
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            "content": [
              {
                "text": "Platforms and markets",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "The in-house Ironbeam platform runs on desktop, web and mobile, with 300+ indicators and server-side bracket and trailing orders. Ironbeam is also an official TradingView broker partner, and it supports Sierra Chart, CQG, Rithmic, MultiCharts, Bookmap, MotiveWave and its own API for automated trading. Third-party platforms charge their own fees. Markets are futures and options on futures, mostly on CME Group exchanges. There's a demo account too.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Money in and out",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "Deposits come in by wire transfer, usually available within a business day, or ACH, which takes a few days and has limits. Withdrawals go out by wire or cheque, and ACH deposits must go back to the same bank account for the first 60 days. Client money is held in a customer segregated account.",
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              }
            ],
            "type": "paragraph"
          }
        ],
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      "website_url": "https://www.ironbeam.com",
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      "headquarters": "Chicago, Illinois, United States",
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      "categories": [
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        "futures"
      ],
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        "futures"
      ],
      "regulators": [
        {
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          "entity": "Ironbeam, Inc.",
          "licence": ""
        }
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        "sierrachart",
        "proprietary"
      ],
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        {
          "name": "Futures account (individual, joint, IRA, corporate)",
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          "currency": "USD",
          "pricing": "Per-contract commission plus exchange, clearing and NFA fees; Ironbeam platform and Level 1 and 2 data free; day margins from $50 on popular micros and $10 on nanos",
          "max_leverage": ""
        }
      ],
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        "CFTC-registered FCM, NFA member and CME Group clearing member",
        "No minimum deposit to open a live account",
        "Day margins of $50 on popular micro contracts and $500 on minis",
        "Free Ironbeam platform with Level 1 and 2 market data included",
        "Official TradingView broker partner, plus Sierra Chart, CQG, Rithmic and an API",
        "Trade desk staffed whenever futures markets are open"
      ],
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        "Futures and futures options only, no stocks, forex or crypto",
        "Wire withdrawals cost $40 domestic and $60 international",
        "Third-party platforms carry their own connection and data fees",
        "No MetaTrader, and only older NinjaTrader licences are supported",
        "Some users report platform freezes and commission errors"
      ],
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        {
          "source": "trustpilot",
          "rating": 4.1,
          "scale": 5,
          "count": 232,
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        },
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          "source": "other",
          "label": "Verified Reviews",
          "rating": 5,
          "scale": 5,
          "count": 228,
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          "checked_on": "2026-10-06"
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          "url": "https://www.tradingview.com/broker/Ironbeam/reviews/",
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        {
          "source": "forexpeacearmy",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.forexpeacearmy.com/forex-reviews/22490/ironbeam-review",
          "checked_on": "2026-10-06"
        },
        {
          "source": "reddit",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.reddit.com/r/FuturesTrading/comments/1hlp1q4/iron_beam/",
          "checked_on": "2026-10-06"
        }
      ],
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          {
            "content": [
              {
                "text": "Ironbeam, a Chicago futures broker that clears its own trades, gets good marks from the clients who review it on broker sites, and a rougher reception on Reddit. It holds 4.1 on Trustpilot from about 230 reviews (the figure on Trustpilot's own category listing) and 5.0 on Verified Reviews from about 230 reviews. TradingView reviews in our evidence are positive. Reddit's futures traders are more mixed, mostly about margins and the platform.",
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              {
                "text": "What traders like",
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                "content": [
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                      {
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                        "text": "Low cost to start.",
                        "type": "text"
                      },
                      {
                        "text": " TradingView reviewers mention a $100 minimum and $50 day margin on micro index futures, and many reviewers praise low commissions.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
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                          }
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                        "text": "Support you can reach.",
                        "type": "text"
                      },
                      {
                        "text": " Several reviewers on TradingView and Trustpilot say calls are answered straight away by a person and that issues get resolved quickly.",
                        "type": "text"
                      }
                    ],
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                ],
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              {
                "content": [
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                    "content": [
                      {
                        "marks": [
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                        "text": "TradingView connection and automation.",
                        "type": "text"
                      },
                      {
                        "text": " Some use Ironbeam through TradingView, including webhooks for automated trading, and like the free desktop platform.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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                ],
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              {
                "content": [
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                    "content": [
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                        "marks": [
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                        "text": "Fast account opening.",
                        "type": "text"
                      },
                      {
                        "text": " Several Verified Reviews users say they were trading the same day.",
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                      }
                    ],
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              {
                "text": "Common complaints",
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          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
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                        "text": "Margin changes.",
                        "type": "text"
                      },
                      {
                        "text": " Some Reddit traders say intraday margins rise during volatile events with little warning, and one says an account was auto-liquidated as a result.",
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                      }
                    ],
                    "type": "paragraph"
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                ],
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              {
                "content": [
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                    "content": [
                      {
                        "marks": [
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                        "text": "Platform reliability.",
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                      },
                      {
                        "text": " Trustpilot's own summary says many reviewers report the platform freezing, and some Reddit users call the web portal dated and hard to use.",
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                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                        "text": "Commission errors.",
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                      },
                      {
                        "text": " A few reviewers on Reddit and TopRatedFirms say they were charged the wrong commission and had to chase a refund.",
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                ],
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              {
                "content": [
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                    "content": [
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                        "text": "Funding and withdrawals.",
                        "type": "text"
                      },
                      {
                        "text": " Some TopRatedFirms and Trustpilot reviewers describe slow deposits, ACH problems or a withdrawal that support said was fine but did not arrive on time.",
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                    ],
                    "type": "paragraph"
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                    "content": [
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                        "text": "Fees on limits.",
                        "type": "text"
                      },
                      {
                        "text": " One Reddit user dislikes being charged when a daily loss limit is hit.",
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                      }
                    ],
                    "type": "paragraph"
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                ],
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                "text": "Recently",
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          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
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                        "text": "July 2026:",
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                      },
                      {
                        "text": " new TradingView reviews, including from a trader who joined in April 2026, praise support, low margins and the TradingView connection fee.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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                ],
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              {
                "content": [
                  {
                    "content": [
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                        "marks": [
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                        "text": "September 2026:",
                        "type": "text"
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                      {
                        "text": " recent Trustpilot reviews praise customer service and low commissions.",
                        "type": "text"
                      }
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                    "type": "paragraph"
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              }
            ],
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              "level": 2
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            "content": [
              {
                "text": "Where this comes from",
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              {
                "content": [
                  {
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                      {
                        "marks": [
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                            "attrs": {
                              "class": null,
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                        "text": "Trustpilot",
                        "type": "text"
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                      {
                        "text": ": the main review page for ironbeam.com.",
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                              "target": "_self"
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                            "type": "link"
                          }
                        ],
                        "text": "Verified Reviews",
                        "type": "text"
                      },
                      {
                        "text": ": customer reviews collected after account use.",
                        "type": "text"
                      }
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                    "type": "paragraph"
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                ],
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              {
                "content": [
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                        "marks": [
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                            "attrs": {
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "TradingView",
                        "type": "text"
                      },
                      {
                        "text": ": reviews from traders who connected through TradingView.",
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                    ],
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                ],
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              },
              {
                "content": [
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                    "content": [
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                        "marks": [
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                              "target": "_self"
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                        "text": "TopRatedFirms",
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                      },
                      {
                        "text": ": customer reviews, mostly complaints.",
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                      }
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                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.forexpeacearmy.com/forex-reviews/22490/ironbeam-review",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": a futures broker listing.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                              "href": "https://www.reddit.com/r/FuturesTrading/comments/1hlp1q4/iron_beam/",
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit",
                        "type": "text"
                      },
                      {
                        "text": ": an r/FuturesTrading thread, with more in r/Daytrading.",
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                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
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            "type": "bulletList"
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      "sort_order": 880,
      "seo_title": "Ironbeam review: regulation, fees and platforms",
      "seo_description": "Ironbeam review: CFTC-registered FCM and CME clearing member, no minimum deposit, $50 micro day margins, free platform, TradingView, Sierra Chart and Rithmic.",
      "logo": "/logos/brokers/ironbeam.png"
    },
    {
      "slug": "stonex",
      "name": "StoneX",
      "tagline": "Nasdaq-listed futures commission merchant with retail futures, US brokerage and UK CFDs",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "StoneX is a big, Nasdaq-listed financial group headquartered in New York, and one of the largest non-bank futures commission merchants in the world. For retail traders it's mainly a futures broker, with a US brokerage arm called StoneX One and a UK CFD and spread betting business called StoneX Trading. It suits futures traders who want a heavyweight clearing firm behind them. Its US brokerage is a FINRA member, and group companies are licensed by the FCA, CySEC, ASIC, MAS and Hong Kong's SFC, among others.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Accounts and costs",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "StoneX Futures has no minimum deposit, just the standard exchange margin. Commissions are quoted per client, with rates as low as $0.50 per side, and exchange, clearing and data fees are shown before you trade. StoneX One, the US brokerage account, needs $2,000 and charges $0 commission on online stock, ETF, option and mutual fund trades. In the UK, StoneX Trading offers a CFD account and a spread bet account, both with no minimum and spread-only pricing, with FX from 0.5 points. There's a demo account for the UK side.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Platforms and markets",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "Futures traders can use the StoneX Futures platform, connect to TradingView or MetaTrader 5, or pick from about 25 other third-party platforms. StoneX connects to more than 40 commodity exchanges. StoneX One covers US stocks, ETFs, options and mutual funds, while StoneX Trading in the UK has 85 FX pairs plus thousands of CFD and spread betting markets on indices, shares and commodities, with TradingView charts in the platform.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Money in and out",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "US futures accounts are funded by wire or ACH from a bank account in your own name. Wise and Revolut aren't accepted. UK clients can also fund by card, with a £100 minimum per card deposit. StoneX doesn't charge withdrawal fees.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          }
        ],
        "type": "doc"
      },
      "website_url": "https://www.stonex.com",
      "founded_year": null,
      "headquarters": "New York, United States",
      "brand_color": "#040c17",
      "primary_category": "futures",
      "categories": [
        "cfd",
        "stocks",
        "options",
        "futures"
      ],
      "markets": [
        "forex",
        "indices",
        "commodities",
        "stocks",
        "etfs",
        "options",
        "futures"
      ],
      "regulators": [
        {
          "regulator": "sec_finra",
          "entity": "StoneX Financial Inc.",
          "licence": "CRD 45993"
        },
        {
          "regulator": "cftc_nfa",
          "entity": "",
          "licence": ""
        },
        {
          "regulator": "fca",
          "entity": "StoneX Financial Ltd",
          "licence": "446717"
        },
        {
          "regulator": "cysec",
          "entity": "StoneX Europe Ltd",
          "licence": "400/21"
        },
        {
          "regulator": "asic",
          "entity": "StoneX Financial Pty Ltd",
          "licence": "AFSL 345646"
        },
        {
          "regulator": "mas",
          "entity": "StoneX Financial Pte Ltd",
          "licence": ""
        },
        {
          "regulator": "sfc",
          "entity": "",
          "licence": "BCQ152"
        },
        {
          "regulator": "other",
          "entity": "StoneX Financial Nigeria Ltd.",
          "licence": "",
          "note": "Securities and Exchange Commission of Nigeria"
        }
      ],
      "platforms": [
        "mt5",
        "tradingview",
        "proprietary"
      ],
      "accounts": [
        {
          "name": "StoneX Futures (Standard or Premium)",
          "min_deposit": 0,
          "currency": "USD",
          "pricing": "Commission quoted per client, as low as $0.50 per side; exchange, clearing and data fees disclosed before you trade",
          "max_leverage": "Exchange margin requirements"
        },
        {
          "name": "StoneX One brokerage (US)",
          "min_deposit": 2000,
          "currency": "USD",
          "pricing": "$0 commission on online stock, ETF, option and mutual fund trades",
          "max_leverage": ""
        },
        {
          "name": "StoneX Trading CFD account (UK)",
          "min_deposit": 0,
          "currency": "GBP",
          "pricing": "Spread only, FX from 0.5 points; no commission tier",
          "max_leverage": ""
        },
        {
          "name": "StoneX Trading spread bet account (UK)",
          "min_deposit": 0,
          "currency": "GBP",
          "pricing": "Spread only, no commission; profits free of UK tax",
          "max_leverage": ""
        }
      ],
      "min_deposit": 0,
      "min_deposit_currency": "USD",
      "payment_methods": [
        "bank",
        "card"
      ],
      "features": {
        "demo_account": true
      },
      "investor_protection": "SIPC for US brokerage accounts at StoneX Financial Inc.; Investor Compensation Fund for StoneX Europe clients",
      "restricted_countries": [],
      "pros": [
        "Large, Nasdaq-listed group regulated in the US, UK, EU, Australia, Singapore and Hong Kong",
        "No minimum deposit for StoneX Futures, with access to 40+ commodity exchanges",
        "Trade futures on StoneX Futures, TradingView, MT5 or 25 other third-party platforms",
        "$0 commission on US stocks, ETFs and options through StoneX One",
        "UK spread betting and CFDs on 85 FX pairs and thousands of other markets"
      ],
      "cons": [
        "Futures commissions are quoted, not published",
        "StoneX One needs $2,000 to open",
        "Futures accounts only take wire or ACH from a bank in your name, not Wise or Revolut",
        "Several separate brands and apps depending on product and country"
      ],
      "review_sources": [
        {
          "source": "trustpilot",
          "label": "Trustpilot (StoneX Trading UK)",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.trustpilot.com/review/stonex.com/en-gb/individuals",
          "checked_on": "2026-10-06"
        },
        {
          "source": "other",
          "label": "TradingView",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.tradingview.com/broker/StoneX/reviews/",
          "checked_on": "2026-10-06"
        },
        {
          "source": "forexpeacearmy",
          "label": "Forex Peace Army (City Index)",
          "rating": 1.43,
          "scale": 5,
          "count": 13,
          "url": "https://www.forexpeacearmy.com/forex-reviews/7287/city-index-review",
          "checked_on": "2026-10-06"
        },
        {
          "source": "reddit",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.reddit.com/search/?q=stonex+broker",
          "checked_on": "2026-10-06"
        }
      ],
      "review_summary_json": {
        "content": [
          {
            "content": [
              {
                "text": "There is little trader review evidence for StoneX. Its main Trustpilot page for stonex.com has no reviews. The UK retail arm, StoneX Trading, has its own Trustpilot page, but the bundle shows no score for it. Forex Peace Army's StoneX page has no reviews. The City Index page there, the old name of StoneX Trading, shows 1.43 from only 13 reviews. Most first-hand comments come from the StoneX futures reviews on TradingView, and they are mixed.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "What traders like",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Helpful support in some cases.",
                        "type": "text"
                      },
                      {
                        "text": " Several TradingView reviewers say support explained platform differences and fixed their problem. Others leave short five-star notes.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Low advertised costs.",
                        "type": "text"
                      },
                      {
                        "text": " Reviewers mention zero commission on US stocks and options and low per-side futures rates.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "A large, established group.",
                        "type": "text"
                      },
                      {
                        "text": " Reddit users describe StoneX as an old, listed financial company, and some sites note its strong regulation.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Common complaints",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Support on technical issues.",
                        "type": "text"
                      },
                      {
                        "text": " Some TradingView reviewers say they got no help with platform problems, and one planned to withdraw because of it.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Fees higher than expected.",
                        "type": "text"
                      },
                      {
                        "text": " One TradingView reviewer says micro options contracts cost far more per contract than the advertised rate.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "The older futures platform.",
                        "type": "text"
                      },
                      {
                        "text": " A Reddit user calls service on the Gain Futures platform poor and advises staying away.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Withdrawals and access.",
                        "type": "text"
                      },
                      {
                        "text": " WikiFX's summary of user reports mentions withdrawal problems and trouble logging in. Many of these appear to involve impostor sites using the StoneX name, which Forex Peace Army and Reddit threads warn about.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Recently",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "No dated trader reviews from the last 90 days show up in the evidence. WikiFX's August 2026 summary repeats the withdrawal and access complaints above.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.trustpilot.com/review/stonex.com/en-gb/individuals",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot (StoneX Trading UK)",
                        "type": "text"
                      },
                      {
                        "text": ": the UK retail trading arm.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.tradingview.com/broker/StoneX/reviews/",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "TradingView",
                        "type": "text"
                      },
                      {
                        "text": ": reviews of StoneX futures from TradingView users.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.forexpeacearmy.com/forex-reviews/7287/city-index-review",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Forex Peace Army (City Index)",
                        "type": "text"
                      },
                      {
                        "text": ": the page for StoneX Trading's former brand.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.reddit.com/search/?q=stonex+broker",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit search",
                        "type": "text"
                      },
                      {
                        "text": ": a few futures threads and scam warnings.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          }
        ],
        "type": "doc"
      },
      "reviews_checked_on": "2026-10-06",
      "featured": false,
      "sort_order": 890,
      "seo_title": "StoneX review: regulation, fees and platforms",
      "seo_description": "StoneX review: FINRA, FCA, CySEC and ASIC regulated, no minimum for futures, StoneX Futures, TradingView and MT5, plus $0 US stock trades and UK spread betting.",
      "logo": "/logos/brokers/stonex.png"
    },
    {
      "slug": "cannon-trading",
      "name": "Cannon Trading",
      "tagline": "Los Angeles futures broker since 1988 with 10+ platforms and licensed broker support",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "Cannon Trading is a US futures broker based in Los Angeles that's been around since 1988. It works as an independent introducing broker, which means it handles your account and support while one of several clearing firms holds the money. It suits futures traders who want a wide pick of platforms and like having a real broker on the phone. Cannon is registered with the CFTC and is a member of the NFA.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Accounts and costs",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "You can open a self-directed account with as little as $1,000 if you stick to micro contracts. Cannon suggests $2,500 for day trading other futures, $5,000 for swing trading and $10,000 or more for option selling. Day-trading margins start at $500 per E-mini and $50 per Micro.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "content": [
              {
                "text": "Commission isn't a single published number. It depends on your account size, volume and platform, with rates as low as $0.18 per side for the busiest traders, discounts above 250 contracts a month, and an offer to match or beat what you pay elsewhere. Exchange fees of $0.60 to $1.90 per side, NFA fees and any software fees come on top. There are also broker-assisted and managed accounts.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Platforms and markets",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "Cannon offers over 10 platforms. Its own free options are CannonX, powered by CQG, and CannonPro, and you can also connect TradingView, Sierra Chart, Rithmic, Quantower and others with the same login. Free demos are available. Markets cover futures and options on futures across the CME Group, ICE and Eurex, including stock indices, energies, metals, agriculture and currencies.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Money in and out",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "Funding is by bank wire, and Cannon accepts international wires. Withdrawals are wired back to your bank.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          }
        ],
        "type": "doc"
      },
      "website_url": "https://www.cannontrading.com",
      "founded_year": 1988,
      "headquarters": "Los Angeles, California, United States",
      "brand_color": "#f4f4f4",
      "primary_category": "futures",
      "categories": [
        "options",
        "futures"
      ],
      "markets": [
        "indices",
        "commodities",
        "options",
        "futures"
      ],
      "regulators": [
        {
          "regulator": "cftc_nfa",
          "entity": "Cannon Trading Company, Inc.",
          "licence": ""
        }
      ],
      "platforms": [
        "tradingview",
        "rithmic",
        "quantower",
        "sierrachart",
        "proprietary"
      ],
      "accounts": [
        {
          "name": "Self-directed futures account",
          "min_deposit": 1000,
          "currency": "USD",
          "pricing": "Commission quoted by account size, volume and platform, from $0.18 per side for the highest-volume traders; exchange, clearing and NFA fees extra",
          "max_leverage": "Day-trading margins from $500 per E-mini and $50 per Micro contract"
        },
        {
          "name": "Broker-assisted account",
          "min_deposit": null,
          "currency": "USD",
          "pricing": "Quoted individually based on the level of broker help you need",
          "max_leverage": ""
        },
        {
          "name": "Managed account",
          "min_deposit": null,
          "currency": "USD",
          "pricing": "",
          "max_leverage": ""
        }
      ],
      "min_deposit": 1000,
      "min_deposit_currency": "USD",
      "payment_methods": [
        "bank"
      ],
      "features": {
        "demo_account": true
      },
      "investor_protection": "",
      "restricted_countries": [],
      "pros": [
        "In business since 1988 and registered with the CFTC and NFA",
        "Over 10 platforms, including TradingView, Sierra Chart, Rithmic and Quantower",
        "Open with $1,000 if you trade micro contracts",
        "Low day-trading margins: $500 per E-mini, $50 per Micro",
        "Licensed Series 3 brokers on hand for broker-assisted trading",
        "Offers to match or beat your current commission rates"
      ],
      "cons": [
        "Commission rates are quoted rather than fully published",
        "Exchange, clearing, NFA and platform fees come on top of commission",
        "Introducing broker, so your account is cleared by a separate firm",
        "Futures and options on futures only, no stocks or spot forex"
      ],
      "review_sources": [
        {
          "source": "trustpilot",
          "rating": 4.9,
          "scale": 5,
          "count": 561,
          "url": "https://www.trustpilot.com/review/cannontrading.com",
          "checked_on": "2026-10-06"
        },
        {
          "source": "forexpeacearmy",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.forexpeacearmy.com/forex-reviews/10537/www.cannontrading.com",
          "checked_on": "2026-10-06"
        },
        {
          "source": "other",
          "label": "Better Business Bureau",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.bbb.org/us/ca/los-angeles/profile/commodity-broker/cannon-trading-company-inc-1216-51000438",
          "checked_on": "2026-10-06"
        },
        {
          "source": "other",
          "label": "Elite Trader",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.elitetrader.com/et/threads/review-of-cannon-trading.328985/",
          "checked_on": "2026-10-06"
        },
        {
          "source": "reddit",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.reddit.com/r/FuturesTrading/comments/1gjktxd/cannon_trading_reviews/",
          "checked_on": "2026-10-06"
        }
      ],
      "review_summary_json": {
        "content": [
          {
            "content": [
              {
                "text": "Cannon Trading, a Los Angeles futures broker founded in 1988, has an almost entirely positive record on Trustpilot: 4.9 from about 560 reviews. Outside Trustpilot the evidence is thin. The Better Business Bureau lists it as accredited and shows positive reviews, and a handful of forum threads on Elite Trader and Reddit are mixed but mostly about how the account is set up. The broker promotes its Trustpilot score heavily on its own blog, which is worth keeping in mind when weighing the reviews.",
                "type": "text"
              }
            ],
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          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "What traders like",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "A named broker who picks up the phone.",
                        "type": "text"
                      },
                      {
                        "text": " The most common praise is for personal service: reviewers name individual brokers who helped them, and some say they would choose that relationship over cheaper commissions.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
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                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Hands-on platform setup.",
                        "type": "text"
                      },
                      {
                        "text": " Several reviewers say staff remoted into their machine to configure platforms and answered technical questions patiently, which new futures traders value.",
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                      }
                    ],
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                    "content": [
                      {
                        "marks": [
                          {
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                          }
                        ],
                        "text": "Platform choice and low day-trading margins.",
                        "type": "text"
                      },
                      {
                        "text": " Elite Trader users like being able to use their preferred platform, such as Sierra Chart, and the low intraday margins.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              {
                "text": "Common complaints",
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            "content": [
              {
                "content": [
                  {
                    "content": [
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                        "marks": [
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                        "text": "Confusing account structure.",
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                      },
                      {
                        "text": " Reddit and Elite Trader users say it is not obvious that accounts are cleared through partner firms such as Ironbeam, and that this affects platform options, TradingView access, margins and fees.",
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                      }
                    ],
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                ],
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Slow withdrawals and platform issues.",
                        "type": "text"
                      },
                      {
                        "text": " An older Elite Trader post describes a withdrawal that took over two weeks and a poor platform combination. A broker-review aggregator also lists withdrawal delays and platform stability among complaints, without detail.",
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                    ],
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                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
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                          }
                        ],
                        "text": "A few disputes.",
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                      },
                      {
                        "text": " One review on a smaller review site alleges trades the reviewer did not recognise. These are rare against the volume of praise.",
                        "type": "text"
                      }
                    ],
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                ],
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            "attrs": {
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            "content": [
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                "text": "Recently",
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          },
          {
            "content": [
              {
                "text": "No dated reviews from the last 90 days turned up in our material.",
                "type": "text"
              }
            ],
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          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
              }
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          },
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            "content": [
              {
                "content": [
                  {
                    "content": [
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the broker's main review page.",
                        "type": "text"
                      }
                    ],
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              {
                "content": [
                  {
                    "content": [
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                        "marks": [
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
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                            "type": "link"
                          }
                        ],
                        "text": "Better Business Bureau",
                        "type": "text"
                      },
                      {
                        "text": ": accreditation, reviews and complaints.",
                        "type": "text"
                      }
                    ],
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              {
                "content": [
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                    "content": [
                      {
                        "marks": [
                          {
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": a listing with little review activity.",
                        "type": "text"
                      }
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                    "type": "paragraph"
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                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                            },
                            "type": "link"
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                        "text": "Elite Trader",
                        "type": "text"
                      },
                      {
                        "text": ": trader forum discussion.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                            "attrs": {
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit",
                        "type": "text"
                      },
                      {
                        "text": ": a thread in r/FuturesTrading.",
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      "seo_title": "Cannon Trading review: regulation, fees and platforms",
      "seo_description": "Cannon Trading review: CFTC/NFA-registered futures broker since 1988, $1,000 minimum for micros, $500 E-mini day margins, TradingView, Sierra Chart and Rithmic.",
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    {
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      "name": "Dorman Trading",
      "tagline": "Family-run Chicago futures clearing firm since 1956, with dozens of platforms",
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            "content": [
              {
                "text": "Dorman Trading is a family-run futures commission merchant in Chicago that's been around since 1956, when it started out serving floor traders at the Chicago Board of Trade. It's registered with the CFTC and is an NFA member, and it's a full clearing member of CME Group (CME, CBOT, NYMEX and COMEX) and ICE Futures US. It suits futures traders who want a proper clearing firm behind them and a wide choice of platforms, and who don't mind an old-school account process. Many clients come through introducing brokers, and Dorman also clears for retail brokers such as Tradier.",
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            "content": [
              {
                "text": "Accounts and costs",
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          {
            "content": [
              {
                "text": "You can open individual, joint, corporate, partnership, LLC and trust accounts, either directly or through an introducing broker. Dorman doesn't publish a standard commission schedule; pricing depends on volume, platform and who introduced you, and rates as low as $0.59 per side have been advertised through brokers. Exchange and platform fees come on top. Reviewers quote different minimum deposits, so ask before you apply.",
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                "text": "Platforms and markets",
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            "content": [
              {
                "text": "Dorman offers almost 40 platforms, including its own Dorman Direct, TradingView, CQG, ATAS and Barchart Trader, with others such as NinjaTrader and Sierra Chart mentioned by reviewers. It also offers server hosting in the CME Group data centre for latency-sensitive systems. Markets are futures and options on futures across CME Group, ICE US and Europe, Eurex, Cboe Futures, MGEX, Euronext and Coinbase Derivatives.",
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                "text": "Money in and out",
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            "content": [
              {
                "text": "Funding is old-fashioned. Bank wires in USD, EUR or AUD clear straight away, and personal or certified checks work once they clear. You can also move cash over from another brokerage. Dorman doesn't take cards, PayPal or ACH credits, and the money has to come from an account in your name.",
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        "Access to CME, ICE, Eurex, Cboe Futures and more"
      ],
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        "No published commission schedule",
        "Funding by wire or check only, no cards, PayPal or ACH",
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        "Account opening and transfers can be slow and paperwork-heavy"
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          "rating": null,
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          "url": "https://www.reddit.com/r/FuturesTrading/comments/iwvruw/dorman_trading_experience/",
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            "content": [
              {
                "text": "There is very little trader feedback on Dorman Trading, a long-running Chicago futures clearing firm. Its Trustpilot page has a single review and shows a 3.2 TrustScore, which says little on its own. The rest comes from a few dozen reviews spread across TradingView, Top Rated Firms, Investimonials and a couple of Reddit threads. Those lean positive, with funding the main complaint.",
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                "text": "What traders like",
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                        "text": "Personal service.",
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                        "text": " Several long-term clients name individual brokers they have worked with for years and say emails and calls get quick answers.",
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                    "content": [
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                        "text": "Low costs.",
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                      {
                        "text": " Reviewers often mention low commissions and margins, and one says professional traders use Dorman for its low fees.",
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              {
                "content": [
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                        "marks": [
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                        "text": "Track record.",
                        "type": "text"
                      },
                      {
                        "text": " Some pick Dorman because it is an old, family-run firm that clears its own trades.",
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              {
                "content": [
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                    "content": [
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                        "marks": [
                          {
                            "type": "bold"
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                        "text": "Platform choice.",
                        "type": "text"
                      },
                      {
                        "text": " TradingView users like on-chart order editing and trailing stops, and Reddit users mention NinjaTrader, Rithmic and Sierra Chart connections.",
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              "level": 2
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            "content": [
              {
                "text": "Common complaints",
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                    "content": [
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                        "text": "Old-fashioned funding.",
                        "type": "text"
                      },
                      {
                        "text": " The most repeated complaint is deposits and withdrawals by wire only, with no ACH, and reviewers calling the process slow and out of date. One Reddit user says withdrawals were easy, and another reviewer says wires took only a day.",
                        "type": "text"
                      }
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                        "text": "Slow account opening.",
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                      {
                        "text": " A few reviewers say opening an account took a long time and needed extra paperwork, such as bank statements.",
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                        "text": "Statements and reporting.",
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                      {
                        "text": " One TradingView reviewer finds statements hard to read and the TradingView panel too basic.",
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                        "text": "Fees and fills.",
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                        "text": " A small number of reviewers complain of slippage and high commissions, which runs against the more common praise for low costs.",
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                "text": "Recently",
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          {
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              {
                "text": "We found no dated reviews from the last 90 days.",
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              "level": 2
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            "content": [
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                "text": "Where this comes from",
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                        "text": "Trustpilot",
                        "type": "text"
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                      {
                        "text": ": one review.",
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              {
                "content": [
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                        "text": "TradingView",
                        "type": "text"
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                      {
                        "text": ": verified client reviews.",
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              {
                "content": [
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                        ],
                        "text": "Top Rated Firms",
                        "type": "text"
                      },
                      {
                        "text": ": customer reviews, some years old.",
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              {
                "content": [
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                      {
                        "marks": [
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                              "target": "_self"
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                          }
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                        "text": "Investimonials",
                        "type": "text"
                      },
                      {
                        "text": ": a few short reviews.",
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                      }
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                  }
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                          }
                        ],
                        "text": "Forex Peace Army (Dorman FX)",
                        "type": "text"
                      },
                      {
                        "text": ": a page for its forex arm, with no score in our evidence.",
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit",
                        "type": "text"
                      },
                      {
                        "text": ": a futures trading thread on Dorman.",
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                      }
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                    "type": "paragraph"
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            ],
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      "name": "Phillip Capital",
      "tagline": "US futures commission merchant and broker-dealer from the Asian PhillipCapital group",
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            "content": [
              {
                "text": "Phillip Capital Inc. is the US arm of PhillipCapital, a financial group that traces back to 1975 in Singapore. It's a futures commission merchant and broker-dealer, so it suits futures traders, hedgers and active traders who want a clearing firm with real depth rather than a slick retail app. In the US it's a member of the NFA, FINRA and SIPC, and the CFTC has overseen its futures business since 2014. Sister companies are regulated separately: the FCA in the UK, MAS in Singapore, ASIC in Australia and the Securities Commission in Malaysia.",
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            "content": [
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                "text": "The minimum initial deposit is $5,000 for both US and non-US clients. You can open individual, joint, corporate, trust, IRA and pension accounts, with USD as the base currency, and segregated accounts accept nine major currencies. Commissions are charged per contract or per trade depending on the exchange, exchange fees are passed on without markup, and the NFA adds $0.02 per lot each way on US exchanges. Broker-assisted trades cost $5 more than electronic ones.",
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                "text": "Phillip Capital gives you access to over 2,000 instruments on 30 exchanges in 16 countries: futures on energy, metals, grains, softs, livestock, dairy, currencies, interest rates and indices, plus US securities and options with extended and overnight sessions. It connects to professional platforms such as Bloomberg EMSX, CQG and Stealth Trader rather than MetaTrader. The Singapore and Malaysia companies run MT5, TradingView and their own POEMS and Phillip Nova apps, but those belong to their local accounts.",
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                "text": "You fund by wire, ACH or check, with no cards or e-wallets. Deposits are free, wire withdrawals cost $25 plus any bank fees, and check withdrawals cost $4.",
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                "text": "There is very little trader review evidence for Phillip Capital. Its main Trustpilot page has only three reviews and no score in what we collected. Forex Peace Army has pages for both the US futures business and Phillip Capital UK, and Myfxbook has a page, but none of them show a score or many reviews in the evidence. Most US retail traders meet Phillip Capital as the futures clearing firm (FCM) behind platforms such as NinjaTrader and EdgeClear rather than as a broker they chose directly, so most of the discussion is on Reddit.",
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                        "text": " One Trustpilot reviewer says a withdrawal was blocked after their bank account was disconnected from their profile. A second Trustpilot review describing a withdrawal fight reads like promotion for a fund recovery service and is hard to rely on.",
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                "text": "Forex Peace Army also notes that it once removed a review that appeared to come from a Phillip Capital UK employee posting on a competitor's page.",
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                "text": "Recently",
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                "text": "Nothing dated in the last 90 days turned up in the evidence.",
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                "text": "Where this comes from",
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                        "text": "Trustpilot",
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                        "text": ": three reviews.",
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                        "text": "Forex Peace Army (US)",
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                        "text": ": the US futures broker page.",
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                        "text": "Forex Peace Army (UK)",
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                        "text": ": the UK forex broker page.",
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                        "text": "Myfxbook",
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                        "text": "Reddit",
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          {
            "content": [
              {
                "text": "Wedbush Futures isn't a retail app broker. It's the futures arm of Wedbush Securities Inc., a Chicago-based futures commission merchant that clears and executes trades for professional traders, institutions and smaller brokers. If you trade futures through a firm like Optimus Futures, there's a fair chance Wedbush is the clearing firm holding your money. Wedbush Securities is registered with the CFTC as an FCM and is a FINRA-member broker-dealer, and it says it's one of the largest capitalised non-bank FCMs in the US.",
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                "text": "Wedbush doesn't publish retail account types, minimums or a commission table. Pricing is agreed directly with professional and institutional clients, and retail traders usually get their rates from the introducing broker they sign up with. Fees are listed in the client portal once you have an account. Client futures funds sit in segregated accounts, but like any FCM they aren't covered by SIPC.",
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                "text": "Wedbush supports a range of professional front ends, including Trading Technologies, CQG, Rithmic and CTS T4, alongside its own tools. Qualified clients can get direct market access with pre-trade risk controls. It clears all the US futures exchanges, including Bitcoin futures, plus equity options and FICC-cleared Treasuries, with limited access to some overseas markets.",
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                "text": "Deposits go straight to Wedbush Securities Inc. by wire, ACH or check (US only), or as a transfer from another broker. Third-party payments aren't accepted, and there are no card or e-wallet options. Withdrawals go back by check, wire or domestic ACH, usually requested through your introducing broker.",
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      "slug": "generic-trade",
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      "tagline": "No-frills US futures and options broker charging a flat 59 cents per side",
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            "content": [
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                "text": "Generic Trade is a small deep-discount futures broker based in Highland Park, Illinois, running since 2010. It's built for experienced, self-directed traders, and people trading alongside a mentor or trading school, who want a low flat rate and don't need hand-holding. It's registered with the CFTC and is a member of the NFA, and it takes clients from most countries.",
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                "text": "59 cents per side",
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                "text": " in commission, whatever its size or how often it trades, and there's no minimum deposit. There are no salespeople and no rates to negotiate. Margins follow the exchange minimums, with lower margins for day trading. You can open individual, joint, partnership, corporate, trust and IRA accounts. The main fee to watch is $40 per withdrawal, and you won't get volume discounts if you trade a lot.",
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                "text": "Generic Trade runs its own platforms: Generic Trader Desktop, Generic Trader Online in the browser and Generic Trader Mobile, all of which work on a Mac and iPhone. Orders sit on servers co-located with the exchange rather than on your machine, so a dropped connection won't stop a stop order from firing. You can trade futures, options on futures, spreads, security futures and event contracts. There's no stock trading. A free $50,000 demo lets you try it first, and phone support runs around the clock.",
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                "text": "You fund by wire or ACH, or by transferring positions and cash from another futures account, and you can move money from inside the platform. ACH deposits can take several business days to land. Withdrawals go out by wire or check, with the $40 fee on each.",
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        "Mac-compatible desktop, web and iPhone platforms, plus a free $50,000 demo"
      ],
      "cons": [
        "Wire withdrawals cost $40",
        "Only futures and options on futures, no stocks",
        "Funding is limited to wire and ACH, and ACH can take several days",
        "No volume discounts or broker-assisted trading",
        "Platforms are basic next to dedicated futures software"
      ],
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                "text": "Generic Trade has very little review evidence and no score anywhere in what we collected. There is no Trustpilot or Forex Peace Army page for it. The trader feedback that exists is on small sites like TopRatedFirms and Investimonials, a few r/FuturesTrading threads and an Elite Trader discussion, and most of it is several years old. Treat the picture below as a thin sample.",
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                        "text": " Several TopRatedFirms and Investimonials reviewers like that there are no brokers trying to upsell them.",
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                        "text": "Stable platforms.",
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                        "text": " Long-time clients describe the platforms as stable, and one Reddit user rates the mobile app highly for futures.",
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                        "text": "Problems handled well.",
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                        "text": " One reviewer of nearly ten years says the few problems they had were dealt with well.",
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                        "text": "Platform lock-in.",
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                      {
                        "text": " Elite Trader posters point out that Generic Trade introduces clients to Ironbeam, uses its own platforms with no third-party options, and charges exchange, data and routing fees on top of the commission.",
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                        "text": "Basic website.",
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                        "text": "TopRatedFirms",
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                        "text": ": customer reviews, mostly positive.",
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                        "text": "Investimonials",
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                        "text": ": customer reviews, mixed.",
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                        "text": "Elite Trader",
                        "type": "text"
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                        "text": ": a forum thread on how the broker is set up.",
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                        "text": "Reddit",
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                        "text": ": a recent r/FuturesTrading thread.",
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    {
      "slug": "coinbase",
      "name": "Coinbase",
      "tagline": "Largest US-based crypto exchange, with regulated futures and perps on Coinbase Advanced",
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          {
            "content": [
              {
                "text": "Coinbase is the biggest US-based crypto exchange and has been going since 2012. The main app suits beginners who want to buy and hold, while ",
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                "text": "Coinbase Advanced",
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              },
              {
                "text": " is for active traders who want order books, lower fees and derivatives. It's licensed in a lot of places: Coinbase, Inc. holds a New York virtual currency licence, US futures run through Coinbase Financial Markets (an NFA member), UK e-money sits with CB Payments under the FCA, EU clients are covered by a MiCA licence from Luxembourg's CSSF and a CySEC-licensed derivatives arm, and Singapore has a MAS payment licence.",
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                "text": "Accounts and costs",
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              {
                "text": "There's no minimum deposit. Buying in the simple app is convenient but pricey: you pay a spread of roughly 0.5% plus a transaction fee, and card buys cost more again. Advanced uses maker-taker pricing, from 0.40% maker and 0.60% taker down to 0.00% and 0.04% as your monthly volume grows. ",
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                "text": "Coinbase One",
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            "content": [
              {
                "text": "You get the Coinbase app and web site, Coinbase Advanced with full charting, and Advanced Trade APIs for bots. Advanced also connects to TradingView. There are 550+ spot pairs, and derivatives with leverage up to 10x: dated and perpetual crypto futures, plus commodity and stock perps where they're allowed. US futures are sized for retail, at 1/100th of a bitcoin.",
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            "content": [
              {
                "text": "In the US, ACH deposits and withdrawals are free, a wire costs $10 in and $25 out, and instant cash-outs to a debit card or PayPal run about 1.5%. SEPA costs around €0.15 in Europe. Crypto deposits are free, and sending crypto out costs the network fee.",
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        {
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        "Simple app for beginners plus Coinbase Advanced for active traders",
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        "Card purchases carry a much higher fee",
        "Coinbase keeps a large cut of staking rewards",
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          {
            "content": [
              {
                "text": "Coinbase splits its users more sharply than most platforms. It holds 4 stars on Trustpilot from about 23,200 reviews, but one review analysis found that pool roughly 43% five-star and 45% one-star, with little in between. Sitejabber, where unhappy customers dominate, shows 1.3 from about 830 reviews. Casual buyers tend to be satisfied; people who hit a frozen account or a support problem are not.",
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                        "text": " Many Trustpilot and Reddit reviewers say Coinbase is the simplest way to buy crypto for the first time.",
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                        "text": "Explained holds.",
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                      {
                        "text": " A few Trustpilot reviewers who had funds frozen elsewhere say Coinbase at least explained its holds, and one says it reimbursed them before finishing its investigation.",
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                        "text": "September to October 2026:",
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                        "text": " recent Trustpilot reviews still mix praise with complaints about funds held after deposits blocking external transfers, and Coinbase replies to most of them. Posts on an unrelated forum advertising phone numbers presented as Coinbase support also appeared in the last few weeks.",
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                      },
                      {
                        "text": ": Coinbase's main review page, the largest pool of reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.sitejabber.com/reviews/coinbase.com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Sitejabber",
                        "type": "text"
                      },
                      {
                        "text": ": customer reviews, mostly negative.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.myfxbook.com/reviews/crypto-exchanges/coinbase-pro/2635553,1",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Myfxbook (Coinbase Pro)",
                        "type": "text"
                      },
                      {
                        "text": ": trader reviews of the former Pro platform.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.reddit.com/r/Coinbase/comments/1oirxk7/is_coinbase_that_bad_i_dont_get_it/",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit",
                        "type": "text"
                      },
                      {
                        "text": ": an r/Coinbase thread weighing the complaints.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          }
        ],
        "type": "doc"
      },
      "reviews_checked_on": "2026-10-06",
      "featured": false,
      "sort_order": 950,
      "seo_title": "Coinbase review: regulation, fees and platforms",
      "seo_description": "Coinbase review: crypto exchange licensed by the NFA, FCA, CySEC, CSSF and MAS. No minimum deposit, Coinbase Advanced maker-taker fees, futures up to 10x.",
      "logo": "/logos/brokers/coinbase.png"
    },
    {
      "slug": "kraken",
      "name": "Kraken",
      "tagline": "Long-running crypto exchange with spot, margin, futures and perps, plus US stocks and ETFs",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "Kraken is a crypto exchange that's been running since 2011 and has grown into a place where you can trade crypto, futures and, for US users, stocks and ETFs. It suits crypto traders who want deep liquidity and a proper trading screen more than a simple buy button. Kraken runs through separate companies by region: an SEC-registered broker-dealer and adviser in the US with CFTC-licensed futures through Bitnomial, Kraken MTF under the FCA in the UK, a CySEC-authorised firm for EU derivatives plus MiCA authorisations, ASIC-licensed derivatives for Australian wholesale clients, and a Bermuda licence for its international business.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Accounts and costs",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "There's one Kraken account, used through two front ends. The basic ",
                "type": "text"
              },
              {
                "marks": [
                  {
                    "type": "bold"
                  }
                ],
                "text": "Kraken",
                "type": "text"
              },
              {
                "text": " app is the easy option but charges a 1% fee on instant buys and sells. ",
                "type": "text"
              },
              {
                "marks": [
                  {
                    "type": "bold"
                  }
                ],
                "text": "Kraken Pro",
                "type": "text"
              },
              {
                "text": " uses maker-taker pricing from 0.26% down to 0% as your 30-day volume grows. Spot margin goes up to 10x on selected pairs, and derivatives up to 50x where your country allows it. US futures cost 0.5 basis points per side plus exchange and clearing fees. Third-party guides put the minimum deposit at about $10, and there are no inactivity or maintenance fees.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Platforms and markets",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "You trade on the Kraken app, Kraken Pro on web and mobile, or the API. The range covers 600+ crypto pairs, perpetual futures on crypto and on gold, oil and US indices, and 11,000+ US stocks and ETFs for US users.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Money in and out",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "Crypto deposits are usually free apart from network costs, while crypto withdrawals carry a flat fee per asset. Cash options depend on your currency and include ACH, wire, SEPA and cards. ACH deposits are held from withdrawal for 7 days, and US card purchases can face a 72-hour hold.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          }
        ],
        "type": "doc"
      },
      "website_url": "https://www.kraken.com",
      "founded_year": 2011,
      "headquarters": "",
      "brand_color": "#7132f5",
      "primary_category": "crypto",
      "categories": [
        "stocks",
        "futures",
        "crypto"
      ],
      "markets": [
        "indices",
        "commodities",
        "stocks",
        "etfs",
        "futures",
        "crypto"
      ],
      "regulators": [
        {
          "regulator": "sec_finra",
          "entity": "Kraken Securities LLC",
          "licence": "CRD 324343"
        },
        {
          "regulator": "sec_finra",
          "entity": "Kraken Adviser LLC",
          "licence": ""
        },
        {
          "regulator": "cftc_nfa",
          "entity": "Bitnomial",
          "licence": ""
        },
        {
          "regulator": "fca",
          "entity": "Kraken MTF",
          "licence": "757895"
        },
        {
          "regulator": "cysec",
          "entity": "Payward Europe Digital Solutions (CY) Limited",
          "licence": "342/17"
        },
        {
          "regulator": "asic",
          "entity": "Beaufort Fiduciaries Pty Ltd",
          "licence": "AFSL 545124"
        },
        {
          "regulator": "jfsa",
          "entity": "",
          "licence": ""
        },
        {
          "regulator": "other",
          "entity": "Bit Trade Pty Ltd",
          "licence": "ACN 163 237 634",
          "note": "AUSTRAC registration (Australia)"
        },
        {
          "regulator": "other",
          "entity": "Payward Digital Solutions Ltd",
          "licence": "202403268",
          "note": "Bermuda Monetary Authority, Class F Digital Asset Business licence"
        },
        {
          "regulator": "other",
          "entity": "",
          "licence": "",
          "note": "MiCA CASP authorisations and an EMI licence covering the EEA"
        },
        {
          "regulator": "other",
          "entity": "Payward Trading (Argentina branch)",
          "licence": "",
          "note": "Comisión Nacional de Valores, Virtual Asset Service Provider registration"
        }
      ],
      "platforms": [
        "proprietary"
      ],
      "accounts": [
        {
          "name": "Kraken (app)",
          "min_deposit": 10,
          "currency": "USD",
          "pricing": "Instant buy and sell with a 1% fee; US stocks and ETFs commission-free",
          "max_leverage": ""
        },
        {
          "name": "Kraken Pro",
          "min_deposit": 10,
          "currency": "USD",
          "pricing": "Maker-taker fees from 0.26% down to 0% with 30-day volume",
          "max_leverage": "Spot margin up to 10x on selected pairs"
        },
        {
          "name": "Kraken Derivatives",
          "min_deposit": null,
          "currency": "USD",
          "pricing": "US futures from 0.5 basis points per side plus exchange, NFA and clearing fees",
          "max_leverage": "Up to 50x on derivatives where permitted; Australian derivatives for wholesale clients only"
        }
      ],
      "min_deposit": 10,
      "min_deposit_currency": "USD",
      "payment_methods": [
        "bank",
        "card",
        "crypto"
      ],
      "features": {
        "api_trading": true
      },
      "investor_protection": "",
      "restricted_countries": [],
      "pros": [
        "Licensed in the US, UK, EU, Australia and Bermuda through separate entities",
        "600+ crypto pairs with deep liquidity on Kraken Pro",
        "Spot margin, futures and perpetuals, including gold, oil and index perps",
        "Commission-free US stocks and ETFs for US users",
        "No inactivity or account maintenance fees"
      ],
      "cons": [
        "The simple app charges a 1% fee on instant buys",
        "Crypto and cash outside the brokerage portfolio lack government-backed protection",
        "ACH deposits are held from withdrawal for 7 days",
        "No MetaTrader support",
        "Product availability varies a lot by country"
      ],
      "review_sources": [
        {
          "source": "trustpilot",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.trustpilot.com/review/kraken.com",
          "checked_on": "2026-10-06"
        },
        {
          "source": "sitejabber",
          "rating": 1.4,
          "scale": 5,
          "count": 83,
          "url": "https://www.sitejabber.com/reviews/kraken.com",
          "checked_on": "2026-10-06"
        },
        {
          "source": "other",
          "label": "SmartCustomer",
          "rating": 1.6,
          "scale": 5,
          "count": 76,
          "url": "https://www.smartcustomer.com/reviews/kraken.com",
          "checked_on": "2026-10-06"
        },
        {
          "source": "other",
          "label": "Xolvie",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.sikayetvar.com/en/kraken-us",
          "checked_on": "2026-10-06"
        },
        {
          "source": "reddit",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.reddit.com/r/Kraken/",
          "checked_on": "2026-10-06"
        }
      ],
      "review_summary_json": {
        "content": [
          {
            "content": [
              {
                "text": "Kraken's open review scores are low, and its reputation among long-time crypto users is much better than those scores suggest. It sits at 1.4 on Sitejabber from 83 reviews and 1.6 on SmartCustomer from 76. Our evidence does not show Trustpilot's current score: third-party sites quote anything from 1.4 to 3.4, depending on the date and the regional page. On Reddit many users defend it as one of the most reliable exchanges and argue that review sites mostly attract people with a problem.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "What traders like",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Security and track record.",
                        "type": "text"
                      },
                      {
                        "text": " The most repeated praise on Reddit is that Kraken has run since 2011 without its custodial wallets being breached, plus extra account protections.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "The platforms.",
                        "type": "text"
                      },
                      {
                        "text": " Users like the simple app for beginners and Kraken Pro for active trading, and some like holding stocks and crypto in one app.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Reliability for routine use.",
                        "type": "text"
                      },
                      {
                        "text": " Many multi-year users on Reddit and Trustpilot say deposits and withdrawals have worked without trouble.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Common complaints",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Accounts locked or closed for review.",
                        "type": "text"
                      },
                      {
                        "text": " The dominant theme on Trustpilot, Sitejabber, SmartCustomer and r/Kraken is accounts frozen for verification or income checks, sometimes for over a month, with open positions stuck.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Withdrawal holds and delays.",
                        "type": "text"
                      },
                      {
                        "text": " Several reviewers mention holds after bank or PayPal deposits, pending crypto withdrawals and delayed bank transfers.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Slow support.",
                        "type": "text"
                      },
                      {
                        "text": " Many say support has become hard to reach and replies are scripted.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Fees and limits.",
                        "type": "text"
                      },
                      {
                        "text": " Some reviewers complain about margin fees and low deposit limits for new accounts.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "content": [
              {
                "text": "Low-score pages also carry fund-recovery adverts, and scam phone-number posts claiming to be Kraken support circulate online.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Recently",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "September 2026:",
                        "type": "text"
                      },
                      {
                        "text": " Kraken reported stuck withdrawals and degraded funding on 23 blockchain networks after an outage that began on 4 September, according to BeInCrypto.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "July to October 2026:",
                        "type": "text"
                      },
                      {
                        "text": " new Trustpilot reviews mix praise with complaints about accounts shut without explanation and deposit limits; Coin Bureau's July review lists verification, withdrawals and closures as the common complaint themes.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.trustpilot.com/review/kraken.com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the main review page, score not captured.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.sitejabber.com/reviews/kraken.com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Sitejabber",
                        "type": "text"
                      },
                      {
                        "text": ": customer reviews, mostly negative.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.smartcustomer.com/reviews/kraken.com",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "SmartCustomer",
                        "type": "text"
                      },
                      {
                        "text": ": customer reviews, mostly negative.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.sikayetvar.com/en/kraken-us",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Xolvie",
                        "type": "text"
                      },
                      {
                        "text": ": complaint posts about blocked accounts and withdrawals.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.reddit.com/r/Kraken/",
                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "r/Kraken",
                        "type": "text"
                      },
                      {
                        "text": ": user discussion, plus threads in r/CryptoCurrency and r/Bitcoin.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          }
        ],
        "type": "doc"
      },
      "reviews_checked_on": "2026-10-06",
      "featured": false,
      "sort_order": 960,
      "seo_title": "Kraken review: regulation, fees and platforms",
      "seo_description": "Kraken is a crypto exchange regulated by the FCA, CySEC, SEC and CFTC-linked entities, with a $10 minimum, Kraken Pro, futures up to 50x and US stocks.",
      "logo": "/logos/brokers/kraken.png"
    },
    {
      "slug": "binance",
      "name": "Binance",
      "tagline": "The largest crypto exchange by volume, with spot, margin, futures and options trading",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "Binance is the world's largest crypto exchange by trading volume. It launched in 2017 and now says it serves over 250 million users in more than 180 countries. It suits crypto traders who want deep liquidity, lots of coins and derivatives in one place. Its global platform, Binance.com, is authorised by the FSRA in Abu Dhabi, Binance FZE holds a VARA licence in Dubai, Binance France is registered with the AMF and Binance Japan with the JFSA, with further registrations in Poland, Kazakhstan and Bahrain. Keep in mind Binance was convicted in the US in November 2023 over money laundering and sanctions breaches. US users go through the separate Binance.US.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Accounts and costs",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "There's no fixed account minimum, just per-coin minimums on deposits. Spot trading uses maker and taker fees that drop through nine VIP tiers based on volume, reaching 0.011% at the top. Margin trading goes up to 10x depending on the coin. Futures are where the leverage gets extreme: up to 125x on some perpetual contracts, which can wipe out an account in minutes. Options are also available, with a 0.024% settlement fee.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Platforms and markets",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "You trade on Binance's own web platform and apps, which use TradingView charts, and you can also connect your account to TradingView or trade through the API. Markets include 350+ coins on spot, USDⓈ-M and COIN-M perpetual and delivery futures, options, and a growing set of perps on things like silver and USD/BRL.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Money in and out",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "Crypto deposits are free. Fiat deposits run through bank transfers and local payment rails, and P2P trading fills in where those aren't available. Withdrawal fees depend on the coin and the network you pick.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          }
        ],
        "type": "doc"
      },
      "website_url": "https://www.binance.com",
      "founded_year": 2017,
      "headquarters": "",
      "brand_color": "#1c1c1c",
      "primary_category": "crypto",
      "categories": [
        "options",
        "futures",
        "crypto"
      ],
      "markets": [
        "options",
        "futures",
        "crypto"
      ],
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        {
          "regulator": "amf",
          "entity": "Binance France SAS",
          "licence": "E2022-037"
        },
        {
          "regulator": "jfsa",
          "entity": "Binance Japan Inc.",
          "licence": ""
        },
        {
          "regulator": "other",
          "entity": "Binance FZE",
          "licence": "VL/24/04/001",
          "note": "Dubai Virtual Assets Regulatory Authority (VARA)"
        },
        {
          "regulator": "other",
          "entity": "",
          "licence": "",
          "note": "ADGM Financial Services Regulatory Authority (FSRA), Abu Dhabi, covering Binance.com through three entities"
        },
        {
          "regulator": "other",
          "entity": "",
          "licence": "RDWW-465",
          "note": "Polish virtual currency register (Katowice)"
        },
        {
          "regulator": "other",
          "entity": "",
          "licence": "",
          "note": "Astana Financial Services Authority (AFSA), Kazakhstan"
        },
        {
          "regulator": "other",
          "entity": "",
          "licence": "",
          "note": "Central Bank of Bahrain (crypto-asset service provider licence)"
        },
        {
          "regulator": "other",
          "entity": "BAM Trading Services, Inc. (Binance.US)",
          "licence": "",
          "note": "FinCEN Money Services Business (separate US exchange)"
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        "proprietary"
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          "min_deposit": null,
          "currency": "USD",
          "pricing": "Maker and taker fees that fall across nine VIP tiers, down to 0.011% at the top tier; no fee on crypto deposits",
          "max_leverage": "None"
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      "min_deposit_currency": "",
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        "Biggest crypto exchange by trading volume, with 350+ altcoins listed",
        "Low trading fees that fall further with VIP volume tiers",
        "Spot, margin, futures and options on one account",
        "Free crypto deposits",
        "Licensed or registered in France, Japan, Dubai, Abu Dhabi and several other countries",
        "Trade from TradingView or by API"
      ],
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        "Convicted in the US in November 2023 of money laundering, unlicensed money transmitting and sanctions violations",
        "Very high futures leverage, up to 125x on some pairs, is easy to misuse",
        "Not available in every country, and US users must use the separate Binance.US",
        "Withdrawal fees vary by coin and network",
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          "scale": null,
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          "source": "sitejabber",
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          "source": "reddit",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.reddit.com/r/CryptoCurrency/comments/1uk20rn/i_just_spent_5_hours_trying_to_withdraw_my_own/",
          "checked_on": "2026-10-06"
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            "content": [
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                "text": "Binance has no usable headline score on Trustpilot. In September 2024 Trustpilot switched off its TrustScore after finding fake reviews, according to Finance Magnates, and the page still carries several thousand reviews, over 5,600 as of mid-2025, most of them complaints. On the smaller sites it holds 2.1 on SmartCustomer from about 100 reviews and 1.6 on Sitejabber from about 90. Reddit's crypto communities are more mixed: many treat it as a default large exchange, while a steady stream of threads describe trouble getting money out.",
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                        "text": "Size and coin choice.",
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                        "text": "Easy buying and local currency.",
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                        "text": "Fine for trading.",
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                        "text": " Some Trustpilot reviewers say trading itself works and their problems only start at withdrawal.",
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                        "text": "Frozen accounts and blocked withdrawals.",
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                        "text": " The largest group of Trustpilot, Sitejabber and Reddit complaints describe withdrawals suspended for risk review or verification for weeks, often with a case ID and promised dates that pass without an update.",
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                        "text": " Many reviewers say live chat repeats templates or an AI bot gives unrelated answers, despite public Trustpilot replies inviting them to chat.",
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                        "text": "P2P disputes.",
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                        "text": " Several Trustpilot reviewers say Binance P2P support sided with merchants they believe were scammers.",
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                        "text": "Orders and the TradingView connection.",
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                      },
                      {
                        "text": " A Forex Peace Army reviewer says take-profit and stop orders slip badly, and TradingView reviewers mention missing stop and take-profit support and slow execution.",
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                        "text": "Verification problems.",
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                      },
                      {
                        "text": " Face checks and ID verification that fail repeatedly come up often on Reddit and Forex Peace Army.",
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                      }
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              {
                "text": "Many Sitejabber reviews promote fund recovery services, so that page is a weak signal.",
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            "attrs": {
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                "text": "Recently",
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                        "text": "August 2026:",
                        "type": "text"
                      },
                      {
                        "text": " a new Forex Peace Army review called Binance a good exchange but said take-profit and stop orders slip far past their levels.",
                        "type": "text"
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                        "text": "July 2026:",
                        "type": "text"
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                      {
                        "text": " G2 reviews stayed positive about buying and converting crypto quickly.",
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                      }
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            "content": [
              {
                "text": "Where this comes from",
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                        "text": "Trustpilot",
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                      {
                        "text": ": Binance's main review page, with the TrustScore switched off.",
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              {
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                        "text": "Forex Peace Army",
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                        "text": ": trader reviews.",
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                        "text": "Sitejabber",
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                        "text": ": customer reviews.",
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                        "text": "G2",
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                        "text": "TradingView",
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                        "text": "Reddit",
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                        "text": "Finance Magnates",
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      "seo_title": "Binance review: regulation, fees and platforms",
      "seo_description": "Binance review: licensed in France, Japan, Dubai and Abu Dhabi, low tiered fees, free crypto deposits, spot, margin, futures up to 125x and options trading.",
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      "slug": "bybit",
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              {
                "text": "Bybit is one of the biggest crypto exchanges in the world, best known for spot trading and leveraged perpetual contracts. It suits crypto traders who want deep markets and lots of tools, and lately it has added forex and stock CFDs too. In Europe it runs as Bybit EU GmbH, which holds a MiCA licence from Austria's FMA. In the UAE it has a Virtual Asset Platform Operator licence from the SCA, and reviewers also list approvals from VARA in Dubai, the National Bank of Georgia and the AFSA in Kazakhstan. It doesn't serve US residents.",
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                "text": "Accounts and costs",
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            "content": [
              {
                "text": "Most people use the main crypto account. Spot trades cost 0.1% for both makers and takers, and perpetuals start at about 0.02% maker and 0.055% taker. There's no minimum deposit. Leverage goes up to 100x on the biggest perpetuals and 10x on spot margin, which is a fast way to get liquidated if you're not careful. The separate ",
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                "text": "MT5 CFD account",
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                "text": " is funded with USDT and offers a Zero-Fee mode or a Tight-Spread mode with commission from $3 per lot, with up to 500x on some instruments.",
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                "text": "Platforms and markets",
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          {
            "content": [
              {
                "text": "You trade on Bybit's own web platform and app, with TradingView support. Crypto covers hundreds of spot pairs plus perpetuals, futures and options. The TradFi side runs on MT5 through a Mauritius-licensed partner, Infra Capital, and covers forex, gold, oil, indices and 380+ US stock CFDs. Copy trading is built in.",
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                "text": "Money in and out",
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          {
            "content": [
              {
                "text": "Crypto deposits are free apart from network costs, and each crypto withdrawal has a fixed network fee shown when you withdraw. You can also buy with a card through third-party providers, which costs roughly 2 to 4%, use bank transfer where available, or go through P2P merchants.",
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          "note": "Austrian Financial Market Authority (FMA), MiCA crypto-asset service provider licence"
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          "licence": "",
          "note": "UAE Securities and Commodities Authority (SCA), Virtual Asset Platform Operator licence"
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          "licence": "",
          "note": "VARA (Dubai)"
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          "licence": "",
          "note": "National Bank of Georgia"
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        {
          "regulator": "other",
          "entity": "",
          "licence": "",
          "note": "AFSA (Kazakhstan)"
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          "entity": "Infra Capital",
          "licence": ""
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        "proprietary"
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          "name": "Unified Trading Account (crypto)",
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          "pricing": "Spot 0.1% maker and taker; perpetuals from 0.02% maker and about 0.055% taker",
          "max_leverage": "Up to 100x on major crypto perpetuals, 10x on spot margin"
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          "max_leverage": "Up to 500x on selected instruments"
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      "payment_methods": [
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        "swap_free": false
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      "restricted_countries": [
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        "MT5 account for forex, gold, indices and 380+ stock CFDs",
        "Crypto deposits are free and there's no minimum deposit",
        "Copy trading and TradingView support"
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        "Very high leverage, up to 100x on crypto and 500x on CFDs",
        "CFDs run through an offshore Mauritius entity",
        "Card deposits through third parties cost around 2 to 4%",
        "Not available to US residents, and reviewers report long compliance holds"
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          "source": "myfxbook",
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          "source": "reddit",
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            "content": [
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                "text": "Bybit's reviews split between traders who like the product and users stuck in account reviews. It sits at about 3.3 on Trustpilot from about 7,700 reviews, as quoted by Anytime Capital in September 2026, and 1.3 on Sitejabber from 30 reviews. Trustpilot flags it as possibly linked to high-risk investments. The five-star reviews mostly praise the trading experience, and the one-star reviews mostly describe frozen accounts and withdrawals held for compliance checks.",
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                        "text": "Deep liquidity and a wide coin list.",
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                        "text": " Myfxbook reviewers using the forex account say money moves quickly.",
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                        "text": "Handling of the 2025 hack.",
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                        "text": " Anytime Capital notes that reviewers credit Bybit for keeping withdrawals open after the $1.5 billion theft.",
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                        "text": "Learning material.",
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                        "text": " Reddit beginners say the help guides made margin modes and futures easier to understand.",
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                        "text": "Accounts frozen under compliance review.",
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                        "text": "Withdrawals held after a big win.",
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                        "text": " Several Reddit posts claim locks came after large profits. These are individual accounts, not established facts.",
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                        "text": "Denied rewards and compensation.",
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                      },
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                        "text": " Some say campaign rewards were refused as violations without proof, or that losses from a platform incident were not compensated.",
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                        "text": "Restricted-region lockouts.",
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                        "text": " A few say they were suddenly told they were in a restricted region when trying to withdraw.",
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                        "text": "July to September 2026:",
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                      {
                        "text": " several complainants on TradingView and Xolvie say their accounts were restricted after withdrawal attempts on 16 and 19 July and were still under review weeks later.",
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                        "text": "30 September 2026:",
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                      {
                        "text": " a Trustpilot reviewer with a blocked withdrawal updated their review to say Bybit had replied and asked for a case ID.",
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            "content": [
              {
                "text": "Where this comes from",
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                        "text": "Trustpilot",
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                        "text": ": the main review page, the biggest pool of reviews.",
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                        "text": "Sitejabber",
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                        "text": ": a small, mostly negative set of reviews.",
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                        "text": "Myfxbook",
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                      {
                        "text": ": reviews of Bybit's forex account.",
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                        "text": "TradingView",
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                        "text": ": reviews from TradingView users.",
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                        "text": "Reddit",
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                        "text": ": a 2026 thread on getting started with Bybit.",
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      "seo_title": "Bybit review: regulation, fees and platforms",
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    {
      "slug": "okx",
      "name": "OKX",
      "tagline": "Global crypto exchange with spot, perpetuals, futures and options and a TradingView link",
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            "content": [
              {
                "text": "OKX is one of the big global crypto exchanges, running since 2017, and it covers everything from buying your first Bitcoin to trading perpetual swaps with high leverage. It suits active crypto traders who want deep liquidity, derivatives and good tools. Which OKX entity you sign up with depends on where you live. In Europe it's OKX Europe Limited, which holds a MiCA licence from the Malta Financial Services Authority, with a separate Malta investment firm for crypto futures. There's an ASIC-licensed Australian arm, a VARA licence in Dubai, US money transmitter licences under OKX INC. and a registration in El Salvador.",
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                "text": "Accounts and costs",
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                "text": "There's no real minimum to get started, and trades can be as small as about $1. Spot fees start at 0.10% for maker and taker, dropping as your 30-day volume grows or if you hold OKB. Margin trading goes up to 10x, and BTC and ETH perpetuals reach 125x on the global platform. Singapore users are capped at 50x, and UK retail users can't trade derivatives at all. Managed sub-accounts let a trading team run money for clients.",
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                "text": "Platforms and markets",
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                "text": "You trade on the OKX website and app, or connect your account to TradingView and trade from the charts, with a free TradingView Plus offer for new users. There's demo trading, copy trading, trading bots and an API. Markets cover hundreds of cryptocurrencies across spot, margin, perpetual swaps, expiry futures and options.",
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            "content": [
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                "text": "Money in and out",
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          {
            "content": [
              {
                "text": "Crypto deposits are free, and you pay a network-based fee when you withdraw, which varies by token. Cash deposits and withdrawals depend on your country and can include bank transfers, debit and credit cards, and P2P trading with local payment methods. Payment providers may take their own fee.",
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          "note": "Malta Financial Services Authority (MiCA crypto-asset service provider)"
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          "note": "Malta Financial Services Authority (investment firm, crypto expiry futures)"
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          "note": "Dubai Virtual Assets Regulatory Authority (VARA)"
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          "licence": "PSAD-0052",
          "note": "El Salvador National Commission of Digital Assets (CNAD)"
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        "Demo trading, copy trading, bots and a full API"
      ],
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        "Crypto only",
        "Very high leverage on derivatives is easy to misuse",
        "Derivatives not available to UK retail users",
        "Withdrawal fees vary by token and network",
        "Some users report account restrictions during source-of-funds checks"
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          "source": "sitejabber",
          "rating": 2.2,
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          "url": "https://www.sitejabber.com/reviews/okx.com",
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        {
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          "label": "SmartCustomer",
          "rating": 2.7,
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          "source": "forexpeacearmy",
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          "url": "https://www.forexpeacearmy.com/forex-reviews/21700/okx-review",
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                "text": "OKX, a large crypto exchange, scores poorly on open review sites: 2.3 on Trustpilot from about 1,650 reviews, 2.2 on Sitejabber from about 175 and 2.7 on SmartCustomer from about 170. The Trustpilot ratings are split rather than middling, with most reviewers giving either one star or five. Users who connect OKX to TradingView are generally kinder, and the app stores are higher still according to Coin Bureau. Nearly all the anger concerns frozen accounts and withdrawals, not the trading itself.",
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                        "text": "Fast, capable platform.",
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                        "text": " The dominant theme on Trustpilot, Sitejabber, G2 and Reddit: accounts frozen after a large transaction or a compliance review, with requests for source-of-funds documents, sometimes repeatedly, and money out of reach for weeks or months.",
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Promotions and P2P disputes.",
                        "type": "text"
                      },
                      {
                        "text": " Several Trustpilot reviewers say promised cashbacks or bonuses were refused on technicalities, and some describe P2P trades settled against them.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Regional exits.",
                        "type": "text"
                      },
                      {
                        "text": " A few say their accounts were closed when OKX stopped serving their country.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Fake recovery services.",
                        "type": "text"
                      },
                      {
                        "text": " Sitejabber and SmartCustomer pages carry many posts advertising fund recovery, which are scams in their own right and not reviews of OKX.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Recently",
                "type": "text"
              }
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            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "August 2026:",
                        "type": "text"
                      },
                      {
                        "text": " Trustpilot reviews from mid-August describe a second account restriction for source-of-funds checks, a refused promotional reward, and long waits for support. Positive reviews from the same weeks praise the interface and fees.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              }
            ],
            "type": "bulletList"
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            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
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            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the main review page.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Sitejabber",
                        "type": "text"
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                      {
                        "text": ": reviews.",
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              {
                "content": [
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                              "target": "_self"
                            },
                            "type": "link"
                          }
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                        "text": "SmartCustomer",
                        "type": "text"
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                      {
                        "text": ": reviews.",
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              {
                "content": [
                  {
                    "content": [
                      {
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Capterra",
                        "type": "text"
                      },
                      {
                        "text": ": verified user reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              {
                "content": [
                  {
                    "content": [
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                            "attrs": {
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "G2",
                        "type": "text"
                      },
                      {
                        "text": ": user reviews.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "TradingView",
                        "type": "text"
                      },
                      {
                        "text": ": verified reviews from traders who connect OKX.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "attrs": {
                              "class": null,
                              "href": "https://www.forexpeacearmy.com/forex-reviews/21700/okx-review",
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Forex Peace Army",
                        "type": "text"
                      },
                      {
                        "text": ": a crypto exchange page.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
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                            "attrs": {
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                              "rel": "noopener noreferrer nofollow",
                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit search",
                        "type": "text"
                      },
                      {
                        "text": ": threads on r/CryptoCurrency, r/sgcrypto and r/UAE.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
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        "type": "doc"
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      "reviews_checked_on": "2026-10-06",
      "featured": false,
      "sort_order": 990,
      "seo_title": "OKX review: regulation, fees and platforms",
      "seo_description": "OKX is a crypto exchange with an EU MiCA licence, ASIC and VARA cover, spot fees from 0.10%, derivatives up to 125x and direct trading from TradingView.",
      "logo": "/logos/brokers/okx.png"
    },
    {
      "slug": "hyperliquid",
      "name": "Hyperliquid",
      "tagline": "Non-custodial onchain exchange for crypto perpetuals and spot with a fully onchain book",
      "body_json": {
        "content": [
          {
            "content": [
              {
                "text": "Hyperliquid isn't a broker in the usual sense. It's a decentralised exchange running on its own blockchain, where you connect a crypto wallet and trade perpetual futures and spot directly against an onchain order book. It suits experienced crypto traders who want centralised-exchange speed while keeping custody of their own funds. The flip side is regulation: Hyperliquid holds no licence anywhere, the FCA has published a warning that it isn't authorised in the UK, MAS has it on its Investor Alert List, and it doesn't serve US residents.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Accounts and costs",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "There's no account in the broker sense, just your wallet. You deposit USDC, and there's no enforced minimum beyond what it costs to bridge in, though a few dollars is the practical floor. Perps cost 0.045% taker and 0.015% maker at the base tier, and those rates fall with your 14-day volume and if you stake HYPE tokens. Leverage depends on the market: up to 40x on BTC, 25x on ETH and usually 3x to 10x on altcoins, with some third-party HIP-3 markets reaching 50x.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Platforms and markets",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "You trade through Hyperliquid's web app or mobile app, or through its API. TradingView now carries Hyperliquid price data for charting, and third-party tools can turn its alerts into orders. Markets cover hundreds of crypto perpetuals and spot pairs, plus perps on gold, silver, oil, the S\u0026P 500 and FX, all open 24/7. You can also put USDC into vaults such as HLP, which earn or lose money from market making.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          },
          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Money in and out",
                "type": "text"
              }
            ],
            "type": "heading"
          },
          {
            "content": [
              {
                "text": "Deposits are USDC, sent mainly over Arbitrum, with other networks supported and a card on-ramp to buy USDC in the app. Hyperliquid doesn't charge for deposits, and withdrawals carry a flat fee of about 1 USDC.",
                "type": "text"
              }
            ],
            "type": "paragraph"
          }
        ],
        "type": "doc"
      },
      "website_url": "https://hyperliquid.xyz",
      "founded_year": null,
      "headquarters": "",
      "brand_color": "#1c1c1c",
      "primary_category": "crypto",
      "categories": [
        "crypto"
      ],
      "markets": [
        "forex",
        "indices",
        "commodities",
        "crypto"
      ],
      "regulators": [],
      "platforms": [
        "proprietary"
      ],
      "accounts": [
        {
          "name": "Wallet account (perps and spot)",
          "min_deposit": null,
          "currency": "",
          "pricing": "Perps 0.045% taker and 0.015% maker at the base tier, lower with 14-day volume and HYPE staking; USDC margined",
          "max_leverage": "Up to 40x on BTC native perps, lower on most altcoins; some HIP-3 markets go to 50x"
        }
      ],
      "min_deposit": null,
      "min_deposit_currency": "",
      "payment_methods": [
        "card",
        "crypto"
      ],
      "features": {
        "api_trading": true
      },
      "investor_protection": "None: Hyperliquid holds no financial licence and offers no compensation scheme",
      "restricted_countries": [
        "US"
      ],
      "pros": [
        "Non-custodial, so funds stay under your own wallet's control",
        "Low perps fees from 0.015% maker and 0.045% taker",
        "Every order, trade and liquidation settles onchain and can be checked",
        "300+ perpetual and spot markets, including oil, gold, indices and FX, open 24/7",
        "No gas fees on trades and a flat withdrawal fee of about 1 USDC",
        "Automation through its API and third-party TradingView alert tools"
      ],
      "cons": [
        "Not licensed anywhere; the FCA has issued a warning and MAS lists it on its Investor Alert List",
        "No investor protection, compensation scheme or formal dispute route",
        "Not available to US residents",
        "Needs a crypto wallet and USDC, with limited fiat on-ramps",
        "High leverage on perps makes liquidation a real risk"
      ],
      "review_sources": [
        {
          "source": "trustpilot",
          "rating": 2,
          "scale": 5,
          "count": 15,
          "url": "https://www.trustpilot.com/review/hyperliquid.xyz",
          "checked_on": "2026-10-06"
        },
        {
          "source": "reddit",
          "rating": null,
          "scale": null,
          "count": null,
          "url": "https://www.reddit.com/r/defi/comments/1p131qv/anyone_think_hyperliquid_is_worth_using/",
          "checked_on": "2026-10-06"
        }
      ],
      "review_summary_json": {
        "content": [
          {
            "content": [
              {
                "text": "Hyperliquid is a decentralised exchange for perpetual futures and spot crypto, not a regulated broker, and there is very little formal review evidence about it. Its Trustpilot page shows 2.0 from just 15 reviews, and Trustpilot flags it as possibly associated with high-risk investments. Most discussion happens on Reddit, where traders are far more positive about the trading itself. Treat the picture as thin.",
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              }
            ],
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          {
            "attrs": {
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            "content": [
              {
                "text": "What traders like",
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          },
          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
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                        "text": "Speed and feel.",
                        "type": "text"
                      },
                      {
                        "text": " Reddit users in r/defi and r/CryptoCurrency say execution is instant and the interface feels close to a centralised exchange.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                        "text": "Low fees.",
                        "type": "text"
                      },
                      {
                        "text": " Many mention low trading costs compared with other on-chain venues.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
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              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
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                        "text": "Self-custody.",
                        "type": "text"
                      },
                      {
                        "text": " Some like that funds stay in their own wallet and can be withdrawn in USDC at any time.",
                        "type": "text"
                      }
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                    "type": "paragraph"
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                ],
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              {
                "content": [
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                    "content": [
                      {
                        "marks": [
                          {
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                        "text": "Transparency.",
                        "type": "text"
                      },
                      {
                        "text": " Several point to the fully on-chain order book and the lack of venture capital backing.",
                        "type": "text"
                      }
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              }
            ],
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          {
            "attrs": {
              "level": 2
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            "content": [
              {
                "text": "Common complaints",
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            "type": "heading"
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          {
            "content": [
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Frozen or flagged accounts.",
                        "type": "text"
                      },
                      {
                        "text": " A few Trustpilot reviewers and Reddit users say the official interface blocked their address, citing links to a sanctioned exchange, a high-risk wallet or VPN use, and that support did not help. Some say this means it is not truly decentralised.",
                        "type": "text"
                      }
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                    "type": "paragraph"
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                ],
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
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                        "text": "Little support.",
                        "type": "text"
                      },
                      {
                        "text": " Reviewers say support only runs through Discord and email, and some say they were banned from those channels.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
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              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
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                        ],
                        "text": "Funding costs.",
                        "type": "text"
                      },
                      {
                        "text": " One Reddit trader says funding rates on popular contracts reached 30 to 50% a year, more than swap costs at a CFD broker for the same exposure.",
                        "type": "text"
                      }
                    ],
                    "type": "paragraph"
                  }
                ],
                "type": "listItem"
              },
              {
                "content": [
                  {
                    "content": [
                      {
                        "marks": [
                          {
                            "type": "bold"
                          }
                        ],
                        "text": "Thin new listings.",
                        "type": "text"
                      },
                      {
                        "text": " Some Trustpilot and Reddit reviewers raise concerns about price swings in newly listed coins and premarket contracts, including a 2025 episode where a large trader forced a cascade of liquidations.",
                        "type": "text"
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                    "type": "paragraph"
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                "text": "Recently",
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            "type": "heading"
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          {
            "content": [
              {
                "text": "No dated reviews from the last 90 days in our evidence.",
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            "type": "paragraph"
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          {
            "attrs": {
              "level": 2
            },
            "content": [
              {
                "text": "Where this comes from",
                "type": "text"
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          {
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              {
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                  {
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                            "attrs": {
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                            },
                            "type": "link"
                          }
                        ],
                        "text": "Trustpilot",
                        "type": "text"
                      },
                      {
                        "text": ": the hyperliquid.xyz page, a very small sample.",
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              {
                "content": [
                  {
                    "content": [
                      {
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                            "attrs": {
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                              "target": "_self"
                            },
                            "type": "link"
                          }
                        ],
                        "text": "Reddit",
                        "type": "text"
                      },
                      {
                        "text": ": an r/defi thread on whether it is worth using, with more in r/CryptoCurrency and r/hyperliquid1.",
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      "featured": false,
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      "seo_title": "Hyperliquid review: regulation, fees and platforms",
      "seo_description": "Hyperliquid review: unregulated non-custodial onchain exchange, crypto perps up to 40x, 0.015% maker and 0.045% taker fees, USDC deposits, not for US users.",
      "logo": "/logos/brokers/hyperliquid.png"
    }
  ]
}
