Bright Finance Forex Broker

Note: Bright Finance's official website: https://www.brightfinance.co is currently inaccessible normally.Bright FinanceReview SummaryFounded/Registered Country/RegionMarshall IslandsRegulationUnregulatedMarket InstrumentsForex pairs, stocks and cryptosDemo Account/Leverage/EUR/USD SpreadAround 1 pipTrading PlatformWeb-basedMin Deposit$250Customer SupportEmail: support@brightfinance.coAddress: Leeds Innovation Center, 103 Clarenton Road, LS2 9DF, Leeds, UKGeneral Information and Regulation Bright Finance is a Forex brokerage registered in the Marshall Islands under the name Capital Letter LTD. Furthermore, there is a second company which figures as an owner, registered in Germany under the name Capital Letter GmbH. Nonetheless, its safe to assume that BrightFinance, irrespective of its legitimacy, does not fall under any regulatory oversight whatsoever.Pros and ConsProsConsVarious trading optionsNot regulatedInaccessible websiteNo MT4/5 supportedHigh minimum depositUnclear trading feesWhat Can I Trade on Bright Finance?Tradable Instruments Supported Forex pairs✔Stocks✔Cryptos✔Commodities❌Indices❌Bonds❌Options❌ETFs❌Account Bright Finance offers five account types: Explorer, Basic, Sliver, Gold and Platinum. Opening the most basic account - Explorer account, requires the minimum deposit amount of $250, which is much higher than most other brokers, who requires only $100, or even no threshold.Account typeMin.depositExplorer$250Basic$2 000Sliver$10 000Gold$25 000Platinum$100 000Spread BrightFinance says the EUR/USD spread is around 1 pip, which seems attractive. However, since BrightFinance is unregulated, it is unsafe to invest with this broker no matter what its trading conditions is.Trading Platform Bright Finance offers a web-based trading platform with charts taken directly from Trading View – an independent, charting web service with historical and real- time market data.Trading PlatformSupported Available Devices Suitable for Web-based✔Web/MT4❌/BeginnersMT5❌/Experienced tradersDeposit and Withdrawal Bright Finance accepts bank wire transfers and two e-wallets – VLoad and PraxisCashier as payment methods.