Bravo Markets Spreads, leverage, minimum deposit Revealed

WikiFX | 2022-11-02 18:27

Abstract：Bravo Markets, a trading name of BRAVO MARKETS PTY LTD, is allegedly a financial services company registered in Australia.

　　Note: Bravo Markets is to operate via the website - https://www.bulawo.com.cn/, which is currently not yet functional and no information about the company was immediately available. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

　　Risk Warning

　　The Australia ASIC regulation (license number: 305908) claimed by Bravo Markets is suspected to be clone. Please be aware of the risk!

　　Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

　　General Information & Regulation

　　Bravo Markets, a trading name of BRAVO MARKETS PTY LTD, is allegedly a financial services company registered in Australia.

　　As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, leverage, spreads, trading platforms, minimum deposit, etc.

　　As for regulation, it has been verified that Bravo Markets currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.35/10. Please be aware of the risk.

　　Customer Support

　　Bravo Markets‘ customer support can be reached by telephone: +61 2 9586 3864, email: trader@bravomarkets.hk. However, this broker doesn’t disclose other more direct contact information like the company address that most transparent brokers offer.

　　Pros & Cons

Pros	Cons
N/A	• Suspicious clone
N/A	• Website inaccessible

　　Frequently Asked Questions (FAQs)

Q 1:	Is Bravo Markets regulated？
A 1:	No. It has been verified that the AustraliaASIC regulation (license number: 305908) claimed by Bravo Markets is suspected to be a clone.

Q 2:	Is Bravo Markets a good broker for beginners？
A 2:	No. Bravo Markets is not a good choice for beginners. Not only because of its suspicious clone condition, but also because of its inaccessible website.