Writing a first-impression review Writing a first-impression review. I open a trading account with them, 5 weeks ago and this is what I noticed so far. Spreads are very tight. No requotes, no stop/limit limits and fast market execution. The mobile application is exceptional and very convenient for trading anywhere. I love being on the road. I installed it on my Iphone. I think it's very good.

You have to be very careful these days You have to be very careful these days. Fraud brokers are now all over the place. There are so many, that it can be very difficult to find a decent broker to start trading properly. But with Phoenix, everything is transparent and secure. Regulated by CySEC, your funds are held up in a segregated account away from the firm’s own accounts and the company cannot access your money without your permission. Trading with them is super safe. The range of tools they provide is excellent. Strongly recommended.

FCA Restrictions on Phoenix The FCA have told them to shut all UK accounts and this is nothing to do with Brexit. I know this as i complained to FCA and received an email stating the restrictions on the company and they need to close all accounts by the 21 of May 2021.

Most of the brokers out there are… Most of the brokers out there are hardly innovative, they won't offer you modern trading platforms, high-tech tools or bonus promotions. You can only count on Metraders as the only trading solution. So you end up with less tools and opportunities to succeed in the market. That's why choosing a good broker is the first thing you should be dead serious. I think PM offers you almost everything to become a successful trader. The only downside for this company is that it won't offer you high leverage due to its European regulation. But that's fine for me.

FCA Closure I find all of these reviews to be fictitious..... My Account with Phoenix Markets was closed by the FCA on May 17th 2021 so how anyone can still be trading with them from the UK is impossible. BE CAREFUL and DO NOT trade with this company. My star review is actually 0......I would love to make contact with any other UK client who were trading with Phoenix and had their accounts closed as im trying to get my money back