Broker Major

Broker Major is an online trading brokerage that presents itself as a venue for foreign exchange and contract-for-difference (CFD) trading. The company describes an account structure aimed at a broad range of retail and high-net-worth clients, though publicly available operational details remain extremely limited. Based on the information gathered, the firm operates without any known regulatory license, making it an offshore entity with minimal external oversight.

The broker states it was founded on 10 October 2020 and is domiciled in the Marshall Islands. No physical address, corporate registration number, or evidence of a physical office is disclosed. The Marshall Islands is a self-governing Pacific territory that does not operate a dedicated financial services regulator for forex or CFD brokers, meaning companies registered there are not subject to client-fund protection, capital adequacy, or conduct-of-business rules. Broker Major provides no public information about its ownership structure, management team, or group affiliations.

Broker Major does not hold a verified license from any financial regulator. Our checks of public registers in major jurisdictions—including the FCA (UK), ASIC (Australia), CySEC (Cyprus), FSCA (South Africa), and the FSA (Seychelles)—returned no matching entries. The broker’s website makes no mention of regulatory authorisation, nor does it cite a license number. For a retail trader, this means there is no external body to turn to in the event of a dispute, no mandatory client-fund segregation, and no compensation scheme in place.

Broker Major advertises four account tiers classified by minimum deposit size, all offering a maximum leverage of up to 1:50.

The Mini account requires an initial deposit of between $500 and $5,000.

The Standard account bracket spans deposits from $5,001 to $10,000.

The Gold tier covers $10,001 to $15,000.

The Platinum account requires a deposit of $15,001 or more.

The broker does not publicly disclose the minimum spread, commission structure, or any other trading cost for any of these accounts. There is also no information about whether negative balance protection is offered, what the stop-out level is, or if swap-free options exist. The absence of these details makes it impossible for a trader to evaluate the all-in cost of trading or the risk management tools available before committing significant capital.

Broker Major does not publish a list of accepted deposit or withdrawal methods. Common channels such as bank wire, credit/debit cards, and e-wallets are not confirmed. There is no mention of processing times, fees for funding or withdrawals, or minimum and maximum transaction amounts. Without this transparency, potential clients cannot assess how quickly they can access their funds or what costs they will incur—a gap that is especially concerning given the isolated negative withdrawal complaint recorded in user reviews.

The broker does not reveal which asset classes it offers. Typically, forex and CFD brokers provide access to currencies, indices, commodities, shares, and cryptocurrencies, but no tradable instruments are listed on Broker Major’s website. Similarly, the trading platform—whether MetaTrader 4, MetaTrader 5, a proprietary web-based interface, or a mobile app—is not disclosed. This lack of basic product and platform information leaves a trader entirely in the dark about the trading experience until after an account is funded.

Given the minimum deposit thresholds starting at $500 and climbing above $15,000, Broker Major positions itself for traders with substantial starting capital who are willing to forego regulatory safeguards. The high entry barriers combined with no visible license, no disclosed costs, and no platform details make it unsuitable for retail investors, beginners, or anyone who values transparency and consumer protection. The broker may attract offshore-experienced, high-risk-tolerant traders, but even for that niche, the lack of verifiable operational data is a significant red flag.