WikiFX

Reply

Based on my careful research and experience in the industry, I must highlight that Leverate is not a typical retail forex broker that offers individual trading accounts with various tiers or features. Instead, Leverate operates primarily as a technology solutions provider and liquidity provider to other businesses (B2B), not to individual retail traders like me. According to the most recent information, one key point is that Leverate does not allow individuals to open trading accounts, make deposits, or trade directly through their platform. This means there are no conventional account types—like Standard, ECN, or VIP accounts—to compare, as one would find with most retail brokers. It’s also critical for me as a trader to note the significant regulatory concerns surrounding Leverate. WikiFX clearly outlines a suspicious clone CySEC license issue, indicating that Leverate’s legitimacy as a regulated retail broker is questionable. Additionally, there have been regulatory actions such as removal from the Cyprus Investor Compensation Fund, which adds another layer of risk from a client protection standpoint. In conclusion, Leverate’s account structure is fundamentally different because it is not designed for individual traders, but rather for corporate clients and brokerages seeking technological and liquidity services. For anyone looking for retail trading account comparisons, Leverate is not suitable, and I would exercise considerable caution given the regulatory concerns and operational model.