Broker Major Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-07 10:27

Abstract：Broker Major is an unregulated broker, offering trading on forex, commodities, stocks and indices with leverage up to 1:50 and EUR/USD spread floating around 0.4 pips via Sirix trading platform. The minimum deposit requirement is as high as $500.

　　Note: Broker Major's official website: https://brokermajor-fx.com/ is currently inaccessible normally.

Broker MajorReview Summary
Founded	/
Registered Country/Region	Marshall Islands
Regulation	No regulation
Market Instruments	Forex, commodities, indices, stocks
Demo Account	❌
Leverage	Up to 1:50
EUR/USD Spread	Floating around 0.4 pips
Trading Platform	Sirix
Min Deposit	$500
Customer Support	24/7 live support
	Phone: +44 07985590944
	Email: support@brokermajor24.com

Broker Major Information

　　Broker Major is an unregulated broker, offering trading on forex, commodities, stocks and indices with leverage up to 1:50 and EUR/USD spread floating around 0.4 pips via Sirix trading platform. The minimum deposit requirement is as high as $500.

Pros and Cons

Pros	Cons
Various trading products	Absence of regulatory oversight
Multiple account types	Unable to access the website
Tight EUR/USD spread	No demo accounts
	No MT4/MT5 platform
	High minimum deposit requirement

Is Broker Major Legit?

　　No. Broker Major is not regulated. It is registered in the Marshall Islands, which is filled with scammers and shady companies. It does not offer guaranteed funds or segregated accounts.

　　Traders should proceed with caution and understand the risks involved when dealing with an unregulated broker like Broker Major.

What Can I Trade on Broker Major?

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Indices	✔
Stocks	✔
Cryptocurrencies	❌
Bonds	❌
Options	❌
ETFs	❌

Account Type

　　Here are four account types Broker Major offers:

Account Type	Min Deposit
MINI	$500
STANDARD	$5 001
GOLD	$10 001
PLATINUM	$15 001

Leverage

　　Broker Major offers a maximum leverage of 1:50 across all account types.

Broker Major Fees

　　Broker Major Spreads

　　The broker offers EUR/USD spread floating around 0.4 pips.

　　Non-Trading Fees

　　If an account stays inactive for 6 months, the company will deduct 10% each month.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
Sirix	✔	Web	/
MT4	❌	/	Beginners
MT5	❌	/	Experienced traders

Deposit and Withdrawal

　　The broker accepts payments done via VISA, MasterCard, Skrill, Neteller, TrustPay, Deal, Euteller, Sofort, GiroPay, Paysafecard, Teleingreso, Neosurf and Ticket Surf.