NeolinFX

While NeolinFX was founded in 2023 and offers a variety of trading instruments, its lack of regulation raises concerns for me. A broker without regulation might not offer the same level of security as a regulated one, so I’d be extra careful. If you're considering trading with them, it's important to understand the potential risks involved.

The minimum deposit for the PRO account is $250, which is quite reasonable for new traders like me. However, if you're considering the VIP account, it requires a $5,000 minimum deposit, and the ECN account is even higher at $15,000. It’s important to choose the account that suits your budget and trading style.

On the positive side, NeolinFX offers a variety of trading instruments like forex, stocks, indices, commodities, and cryptocurrencies. I also appreciate that they provide both MT5 and WebTrader, which are user-friendly platforms. Additionally, they have a demo account, so you can test things out before diving in with real money.

NeolinFX provides leverage up to 1:400 for the PRO and VIP accounts, which is quite generous compared to other brokers. However, the ECN account offers lower leverage at 1:100. I prefer higher leverage for more flexibility in my trades, so the PRO and VIP accounts would be more suitable for me.