Overview of Broker Major
Broker Major is a financial brokerage company registered in the Marshall Islands. It offers a variety of account types, including Platinum, Gold, Standard, and Mini accounts, with minimum deposits ranging from $500 to $5,000. Despite not being regulated, Broker Major provides a maximum leverage of 1:50. Spreads are not specified. Customer support is available via email atsupport@brokermajor24.com and by phone at +44 07985590944.
Is Broker Major Legit？
Broker Major is not regulated. It's worth mentioning that Broker Major operates without regulation, meaning it lacks oversight from recognized financial regulatory authorities. Traders should proceed with caution and understand the risks involved when dealing with an unregulated broker like Broker Major. This includes potential challenges in dispute resolution, concerns about fund safety and security, and a lack of transparency in the broker's operations. It's advisable for traders to conduct thorough research on a broker's regulatory status before initiating any trading activities to safeguard their trading experience.
Pros and Cons
Broker Major offers several advantages, including multiple account types and a maximum leverage of up to 1:50. Additionally, the company provides customer support via email and phone. However, it has notable drawbacks such as insufficient educational materials, lack of clear disclosure regarding company policies, and an inaccessible website. The absence of regulatory oversight may also pose significant risks for traders.
Account Types
Broker Major offers four distinct account types designed to cater to varying levels of traders. The Platinum Account, requiring a minimum deposit of $15,001, offers a maximum leverage of 1:50 and a minimum position size of 0.01. The Gold Account is available for deposits between $10,001 and $15,000, with the same leverage and position size. The Standard Account requires a deposit range of $5,001 to $10,000, while the Mini Account accommodates deposits from $500 to $5,000, both maintaining the same leverage and minimum position parameters.
Leverage
Broker Major offers a maximum leverage of 1:50 across all account types, including the Platinum, Gold, Standard, and Mini accounts.
Customer Support
Traders can reach out to the Broker Major support team via email at support@brokermajor24.com or by phone at +44 07985590944 for immediate assistance.
Conclusion
Broker Major provides four account types and offers a maximum leverage of 1:50, with customer support available via email and phone. However, the company lacks regulatory oversight, which poses significant risks for traders. Additionally, it suffers from insufficient educational resources, unclear policy disclosures, and an inaccessible website. Prospective clients should weigh these factors carefully before choosing to trade with Broker Major.
FAQs
Is Broker Major regulated？
No, Broker Major operates without regulation, lacking oversight from recognized financial regulatory authorities.
What account types does Broker Major offer？
Broker Major provides various account types, including Platinum, Gold, Standard, Mini Accounts, catering to different trading preferences and experience levels.
How can I contact Broker Major's customer support？
Traders can reach out to the Broker Major support team via email at support@brokermajor24.com or by phone at +44 07985590944 for immediate assistance.
Risk Warning
Trading online carries inherent risks, including the potential loss of invested capital. It may not be suitable for all traders or investors. It's crucial to understand these risks fully and recognize that the information provided in this review is subject to change as the company's services and policies evolve over time. Additionally, the review's creation date is significant, as information may have been updated since then. Therefore, readers are encouraged to verify the latest information directly with the company before making any decisions or taking action. Ultimately, readers bear sole responsibility for using the information provided in this review.
