Regulated

Comment

Britain

2025-01-01

1.68

Website

https://brava500.com

Rating Index

Software

6.12

Licensed

Risk Control

1.2

Experience

5.52

Institution

Industry Classification

Unqualified

Trading Platforms

MT5

Basic Information

Registered Region

Britain
Operation Status
Operating Period

2025-01-01
Business Type

Brokerage
Main Business

Provides foreign exchange (Forex), commodities, indices, cryptocurrencies and contracts for difference (CFD) trading, supports the MetaTrader 4 platform, and allows automated trading and scalping.
Type of Accounts
Trading Platforms

MT5
Deposit Methods
Support Languges

English
Auto Trading

Not supported
Contact Details

suporte@brava500.com

+357 96659134
Website

https://brava500.com
Social Media

Pros and Cons

Pros: Competitive trading platforms (MT4 and MT5), a range of CFDs available. Cons: No valid regulatory oversight, high-risk potential, unclear account types, and funding methods. Customer reviews indicate concerns regarding fund security and unrecognized regulatory status.

Company Background

Brava500 operates in Malta and claims to offer forex and CFD trading services. Despite being in operation for 5-10 years, the broker is listed as unregulated by relevant financial authorities. This lack of regulatory oversight raises concerns about their operational practices and investor protection. The company has a minimal online presence, which raises questions about its legitimacy and customer engagement.

Fund Security

Brava500 has no valid regulatory licenses, which significantly increases the risk exposure for clients. There is no information on whether client funds are kept in segregated accounts or if there are any compensation schemes in place. The lack of transparent risk management practices heightens financial risk for users.

Account Opening

Specific account types, minimum deposits, and features have not been disclosed. This lack of clarity makes it difficult for potential clients to evaluate whether the broker meets their trading needs or preferences. The account opening process appears opaque, lacking necessary transparency for potential funders.

Trading Fees

Information on trading fees including spreads, commissions, and any additional charges is unavailable. This obscurity may deter potential traders looking for clear and competitive fee structures. Hidden costs remain a substantial concern when selecting a forex broker, particularly one lacking in verified details.

Trading Instruments

Brava500 offers forex and CFD trading, but detailed listings of available instruments are unspecified. This absence of information complicates the assessment of their product range and investment choices, which is a crucial factor for most traders.

Trading Technology

The broker provides access to MT4 and MT5 platforms, known for their reliability and extensive features. These platforms support various order types and include charting tools. Nevertheless, the execution speed and technological robustness are unspecified, leading to uncertainty about user experience.

Research and Education

Educational resources and research tools are generally not mentioned, indicating a possible lack of support for beginner traders. Without guidance, traders may struggle to make informed decisions in market trading. Comprehensive educational offerings are crucial for developing trading skills and strategies.

Customer Support

Customer support availability is restricted, with contact through email and phone, while live chat support is absent. Response times and service quality have not been documented, raising concerns over responsiveness and assistance for clients needing help. The limited communication channels could negatively influence trader satisfaction and trust.

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Rating Index

Brava500

Regulated

Software

6.12

License Value

Risk Control

1.2

Experience

5.52

Institution

Software

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Institution

Analyzes the regulator's policy framework, decision-making process, and enforcement transparency, including rule-making, internal control, and policy implementation effectiveness.
Licensed

Assesses the market value of the licenses issued by the regulator, including entry thresholds, compliance costs, approval duration, and overall global recognition and influence.
Risk Control

Evaluates the regulator's financial stability and risk management capacity, including budgeting, reserves, revenues, expenditures, and ability to respond to market or financial shocks.
Investor Protection

Examines the regulator's complaint-handling and investor protection systems, assessing fairness, responsiveness, and enforcement effectiveness in safeguarding investor rights.

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