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Soho Markets Deposit

Rating Index

Pros

Regulated by the Cyprus Securities and Exchange Commission (CySEC), providing a level of trust and investor protection.
Offers a wide range of trading instruments across five major asset classes, including forex, commodities, indices, shares, and cryptocurrencies.
Utilizes the popular MetaTrader 4 platform, known for its advanced charting options and user-friendly interface.

Cons

Lacks tier 1 regulation, such as from the FCA or ASIC, which may raise concerns for some traders regarding safety and reliability.
The demo account requires a deposit to access, which is unusual and may deter potential clients from testing the platform.
Charges a 2% fee on deposits below $2,000, which could be seen as a disadvantage compared to other brokers with no deposit fees.
Soho Markets Deposit