The Dollar Forex Broker

The DollarReview SummaryFound2001Registered Country/RegionIndiaRegulationNo regulationMarket InstrumentsCurrencies, Metals, Commodities, Spots, Shares, IndicesDemo Account❌LeverageUp to 1:1000Trading PlatformMT4, MT5Account TypeSTD, PRO, ECNMin Deposit$100Deposit & WithdrawalUPI QR, Netbanking, Bank Card, Online Bank Transfer, Offline Bank Transfer, Wire TransferCustomer SupportPhone: +918045936050Email: support@thedollar.onlineThe Dollar Information The Dollar, founded in 2001, is an old brokerage registered in India. The trading instruments it provides cover Currencies, Metals, Commodities, Spots, Shares, Indices. It provides 3 accounts, 2 trading platforms for traders. But it is currently unregulated and lacks security.Pros and ConsPros Cons Wide range of trading assets (20,000+)No regulationVariety of payment methods availableHigh minimum deposit amounts for ECN account($5000)MT5 availableIs The Dollar Legit? It is clear that The Dollar, which was registered in 2023 and is currently unregulated, is new and insecure.What Can I Trade on The Dollar? The Dollar offers over 20000 instruments. Traders can trade Currencies, Metals, Commodities, Spots, Shares, Indices.Tradable Instruments Supported Currencies✔Commodities✔Indices✔Metals✔Spots✔Shares✔Stocks❌Cryptocurrencies❌Futures❌Options❌Account Types The Dollar offers 3 different types of accounts to traders - STD, PRO, ECN. Three types of accounts all support the leverage of 1:1000 and social trading. STD account's minimum deposit is the lowest - $100, which suits beginner.Account TypeMinimum DepositLeverageSuitable forSTD$100Up to 1:1000BeginnerPRO$1000Up to 1:1000Traders who looks for zero commissions, tight spreads and instant executionECN$5000Up to 1:1000Traders who are looking for raw spreads and instant executionLeverage The broker provides high leverage - 1:1000. It is worth noting that high leverage means high returns but also high risks.Trading Platform The Dollar's trading platform is MT4, MT5 and a mobile app, which supports traders on PC and Mobile.Trading PlatformSupported Available Devices MT5✔Web, MobileMT4✔Web, MobileA mobile app✔MobileDeposit and Withdrawal The broker provides a variety of deposit and withdrawal methods: UPI QR, Netbanking, Bank Card, Online Bank Transfer, and Offline Bank Transfer. The minimum amount is $100.