Abstract:You’ve probably heard the term "offshore brokers" many times if you’ve been in this dynamic market for a while. But do you really know what offshore brokers are?
You‘ve probably heard the term “offshore brokers” many times if you’ve been in this dynamic market for a while. But do you really know what offshore brokers are?
Offshore Regulated Brokers are registered and regulated in a foreign jurisdiction, outside the country of their primary operation. They offer services to clients internationally and are subject to the regulations of the country in which they are registered. One primary difference between onshore and offshore brokers lies in their regulatory frameworks. Onshore brokers must adhere to the financial laws of their home country, which may be stringent and closely monitored. Offshore brokers, depending on the country of their registration, may operate under less strict regulations, offering more flexibility but potentially less protection to traders. Offshore brokers, with their more flexible regulations, can offer high leverage and more diverse trading opportunities. However, this comes with increased risk.
Founded- 2015
Website- https://www.wikifx.com/en/dealer/7151422317.html#
Registered Country/Area- Marshall Islands
Regulation- FSC (Financial Services Commission) – Mauritius. Global Business License No GB22200951
Instruments- Forex, Cryptocurrencies, Indices, Stocks
Account Types- Cent Account, Prime Account, Platinum Account, Royal Account, and Power-Up Bonus Account
Trading platform- MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Deposit & Withdrawal options- Visa, Bitcoin, Neteller, Skrill, Wire Transfer, MasterCard, Online Naira, Pay Trust, Help2 Pay
Phone No.- +357 96673007
Email- support@xtrememarkets.com
Founded- 2019
Registered Country/Region-Mauritius
Website- https://www.wikifx.com/en/dealer/1035446513.html
Regulation- Regulated by FSC : License No GB20025812
Instruments- Forex, metals, indices, stocks, cryptocurrencies, futures, commodities (oil)
Accounts- Standard, Pro, Zero, Copy Trading, Cents, and Yield
Trading platform- MT4, MT5, cTrader
Deposit & Withdrawal options- Neteller, AfrAsia Bank, Mastercard, PayPal, Visa, and Skrill
Address- 12th Floor, Standard Chartered Tower, Bank Street, Cybercity, Ebene, 72201, Mauritius
Email- cs@godocm.com
Restrictions: Afghanistan, Cote dIvoire, Cuba, Iran, Libya, Myanmar, North Korea, Sudan, Puerto Rico, Syria, and Yemen