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Chris Cammack is Head of Content at Schlossbrink and is responsible for ensuring our content across all sites meets the exacting standards of quality and clarity that our readers expect; this includes shaping our editorial guidelines to fit the ever-changing world of online Forex trading and ensuring all broker reviews adhere to our strict review process.
Chris joined the company in 2019 after 10 years’ experience in research, editorial and design for political and financial publications. This background has given him a deep knowledge of international financial markets and the geo-politics that affects them. With a keen eye for editing and a voracious appetite for financial and political current affairs, Chris bring a publisher’s sense of precision and accuracy to all the content we produce. Chris has been trading Forex CFDs since 2012 and has a preference for cTrader and ECN brokers; he has found the GBP/USD pair particularly fascinating over the last few years.
Chris Cammack May 9, 2020 10:00 AM
JP Markets is a South African market maker broker offering support for MT4 and an exceptional 200% deposit bonus. Spreads are unpublished, but JP Markets state that spreads on the EUR/USD average about 2 pips under normal market conditions, which is very wide for brokers of this type. Education is limited and only a single account type is available. Market analysis and research seem to be non-existent. We have received many complaints about JP Markets and are in the process of investigating these. We advise traders to find another approved broker until we have verified these claims.
Chris Cammack April 26, 2020 01:14 PM
UFX is a Cypriot market maker broker, founded in 2007 and regulated by CySEC. With five different accounts types, not including the swap-free option, and support for MT5 as well as the proprietary UFX platform, it's a shame that trading conditions are not better here. Spreads are wide, even on the more expensive accounts, and on the Micro Account (100 USD minimum deposit) you can expect a fixed spread of 4 pips on the EUR/USD. Forex education is also lacking, as well as any kind of in-house market research, though UFX do offer both Trading Central and it's own MassInsights trend and volatility tool.
Chris Cammack April 20, 2020 10:00 AM
We consider that Weltrade has insufficient regulation and oversight to be considered a trusted broker. With offices only on the island of St. Vincent and the Grenadines, where rules are known for being weak and ineffective, it is better to look for a broker which is regulated by more responsible entities like the FCA, the FSCA, ASIC or CySEC. As an MT4 broker, Weltrade is guaranteed to give you a connection to the market, but with a lack of education and withdrawal processing times and fees beyond what should be considered acceptable, it is best to find a different broker.