9Cents

9Cents holds a securities trading license from the Financial Services Commission (FSC) of Mauritius (license number GB25204261, status: Active). However, the broker’s overall regulatory status is listed as 'Not Regulated' by major financial authorities, and its WikiFX risk control index is low (2.76 out of 10). User complaints regarding withdrawal delays and unresponsive support have been reported. Traders are advised to conduct thorough due diligence and consider the associated risks before engaging with this broker.

9Cents is not regulated by major financial regulators such as the FCA, ASIC, or CySEC. It holds an active Securities Trading License (EP) from the Financial Services Commission (FSC) of Mauritius (license number GB25204261). The broker’s regulatory status on WikiFX is marked as 'Not Regulated,' indicating a lack of oversight from top-tier authorities.

The minimum deposit for the STANDARD account is $100, while the PRO account requires $15,000 and the ECN account requires $25,000. These figures are based on the latest account information provided by the broker.

Based on the latest broker data, 9Cents supports MT5 (MetaTrader 5) with a full license. There is no indication of MT4 support.

Pros: Offers multiple account types (STANDARD, PRO, ECN) with competitive spreads and leverage up to 1:400; supports MT5; allows scalping, hedging, and Islamic accounts; user feedback highlights fast order execution and stable platform performance. Cons: Not regulated by top-tier authorities; low risk control index (2.76); user complaints about withdrawal delays and unresponsive customer support; limited educational resources for beginners.

Yes, user complaints have been reported on platforms such as WikiFX. Complaints include funds being stuck, deposit not credited despite proof of payment, and lack of response from customer support. Some users have also reported withdrawal delays. However, there are also positive reviews praising the platform’s execution speed and reliability.

The broker’s registered region is Saint Lucia, and its business scope is listed as 'Regional Brokers.' It is not currently publicly specified whether 9Cents accepts clients from the United States. US residents should verify availability directly with the broker and consider regulatory restrictions.

9Cents offers a low minimum deposit ($100 for the STANDARD account) and a user-friendly platform with MT5 support, which can be beneficial for beginners. However, the lack of top-tier regulation, mixed user reviews, and limited educational resources may pose challenges. Beginners are advised to start with a demo account and carefully assess the risks.

9Cents offers three account types: STANDARD (minimum deposit $100, spread: Gold 20-35, Currencies 16-20, leverage up to 1:400), PRO (minimum deposit $15,000, spread: Gold 22-25, Currencies 16-25, leverage up to 1:300), and ECN (minimum deposit $25,000, spread: Gold 11-15, Currencies 4-6, leverage up to 1:200). All accounts support forex, commodities, metals, shares, and indices, and allow scalping, hedging, and Islamic accounts.

Leverage offered by 9Cents ranges from 1:200 (ECN account) to 1:400 (STANDARD account). High leverage can amplify both profits and losses, increasing risk. Combined with the broker’s low regulatory oversight and risk control index, the overall risk is considered high. Traders should use leverage cautiously and implement proper risk management strategies.

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.