Unicorn Forex Broker
Accepts traders from United States!
Unicorn Forex Broker is an offshore multi-asset broker and prop trading firm. The broker offers several account types with unregulated leverage up to 1:1000 on the MetaTrader 5 platform. Traders can also access Prop trading accounts, plus MAM, PAMM and copy trading opportunities.
| Min. Deposit | $10 |
| Min. Trade | 0.01 Lots |
| Regulated By | SVGFSA |
| Mobile Apps | Android |
| Currencies | USD, EUR, GBP |
CFD
I like that you can access a fairly wide range of CFDs covering forex, indices, stocks, commodities and cryptos with a choice of account types. There’s also flexible leverage rates and access to copy trading solutions for those looking to follow other strategists.
| FTSE Spread | From 1.6 Pips (Standard Account) |
| GBPUSD Spread | From 1.6 Pips (Standard Account) |
| Oil Spread | From 1.6 Pips (Standard Account) |
| Stocks Spread | From 1.6 Pips (Standard Account) |
| Leverage | 1:1000 |
Forex
There’s around 100 currencies to trade on STP and ECN accounts, which is a very competitive selection compared to other brands. I found spreads are the lowest in the ECN Pro account, though this requires a minimum deposit of $1000. I’m also disappointed that there are no additional forex market analysis tools or educational resources.
| GBPUSD Spread | From 1.6 Pips (Standard Account) |
| EURGBP Spread | From 1.6 Pips (Standard Account) |
| EURUSD Spread | From 1.6 Pips (Standard Account) |
| Assets | 100 |
Cryptos
I was impressed to find around 300 crypto instruments at Unicorn Forex Broker which are available via spot and futures contracts. You can get started with just $10 and pay zero commissions on crypto trades. I also appreciate the various crypto deposit methods available with zero fees.
| Coins | BTC, ETH, LTC |
| Spread | From 1.6 Pips (Standard Account) |