Adams Darby

Note: Adams Darby's official website - https://www.adamsdarby.com/ is currently inaccessible normally.

Founded in 2022 in China, Adams Darby is an offshore forex broker, only trading via the MT4 and web trading platforms with leverage up to 1:600 and EUR/USD spread floating around 1 pip. However, its minimum deposit is up to $250, and it is not regulated.

Pros and Cons

Is Adams Darby Legit?

The prerequisite of measuring the safety of a broker is to see if it is formally regulated.

Adams Darby is currently an unregulated broker, which means that clients' funds and trading activities on the Adams Darby platform are completely unprotected compared to those regulated well.

Leverage

The leverage AdamsDarby offered is up to 1:600. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spread

Adams Darby offers floating spreads. For the FX majors like the EUR/USD, the spread is floating around 1 pip, which is tighter than the industry average of 1.5 pips.

Trading Platform

Deposit and Withdrawal

Adams Darby accepts deposits and withdrawals via bank cards like Visa and MasterCard, wire transfers, and OKPay.

It also set a withdrawal fee of at least $35 on any transaction – and whats more, it charges all accounts that have not reached a turnover of 200 times with a 10% levy.

Fees

There is a dormant fee of 10% each month if traders don't log or trade within 6 months.