Some traders may find the minimum deposit requirement of $250 manageable for entry into forex trading.

The broker offers high leverage of up to 1:200, which can attract traders looking for potential high returns on their investments.

Electrum claims to provide a variety of trading instruments, including forex, commodities, and cryptocurrencies, appealing to diverse trading interests.

Electrum operates without regulation, raising significant concerns about the safety and security of client funds.

The trading platform is a basic webtrader, lacking the advanced features and tools offered by more reputable platforms like MetaTrader 4 or 5.

Withdrawal fees are reportedly high, which can diminish overall trading profitability and create barriers for accessing funds.