BRK Forex Broker

BRK is an unregulated broker that offers mult-asset trading via the leading MT5 platform. Many traders will select a broker because MT5 is today's most popular trading platform. Nevertheless, the absence of regulation places many customers at risk of losing their money. Pros and ConsPros Cons Minimum deposit: $50No regulationPopular trading platform: MT5Lack of transparencyMaximum leverage up to 500:1Is BRK Legit? BRK HOLDINGS LIMITED established BRK in 2019, and the company's registration number is 02215079. However, BRK is not regulated by the Financial Conduct Authority (FCA). And FMA and MAS also can't find anything about it. What Can I Trade on BRK? BRK offers over 30 forex currency pairs, indices, stocks and bitcoin for personal investment and trading options.Tradable Instruments Supported Forex✔Shares✔Indices✔Cryptocurrencies✔Metals✔Soft Commodities✔Options❌Account Type BRK offers two account types: live and demo. Customers can open a demo account to develop and enhance their abilities, and they can convert it to a live account for trading once they have attained proficiency.Leverage The maximum leverage ratio provided by BRK is much higher than most brokers, up to 1:500. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage. BRK Fees BRK fees are lower than the industry average.Account TypeMinimum DepositSpreadLive$500.8Trading PlatformTrading PlatformSupported Available Devices Suitable for MT5✔Mobile device (Mac, Android, iPhone, iPad), DesktopExperienced tradersDeposit and WithdrawalDeposit OptionsDeposit Options Min. DepositProcessing Time Neteller$50Not mentionedSkrill$50Not mentionedWithdrawal OptionsWithdrawal Options Min. Withdrawal Processing Time Neteller$50Not mentionedSkril$50Not mentionedCustomer Service Contact Options DetailsPhone+44 7845 576291Emailsupport@thebrokerscapital.comSupport Ticket System❌Online Chat❌Social MediaFacebook, InstagramSupported LanguageEnglishWebsite LanguageEnglishPhysical AddressSuite 305 Griffith Corporate Centre, P.O. Box 1510, Beachmont, Kingstown, St. Vincent and GrenadinesFAQs Is BRK safe? BRK lacks regulation and can be very unsafe, with many legal and financial risks. What kind of trading platform does BRK offer? MT5 offers a user-friendly platform with extensive knowledge-sharing capabilities. Is BRK good for beginners? No. We don't recommend any traders trade with unregulated brokers although it advertises to offer quite attractive trading conditions.