The company is registered in a British jurisdiction and has been in business for 20 years. The company is praised for its good service and works in the interest of its clients.
Primarily the company has created an offer for clients who can be categorized as professionals and for corporate clients. House of Borse offers the opportunity to work directly with the top tier banks and access profitable liquidity, as the company operates on the ECN principle.
The company offers the work at the currency pairs, CFD, precious metals markets and at the same time it offers a minimum level of spreads, rather low commissions and convenient trading terminals.
There is a wide range of methods to deposit your account, quick access to the market right after registration that takes only a few minutes.
The company is aimed at experienced clients because it does not offer round-the-clock support and there is no wide training material available.
The company is in competition with other brokerage companies for the first reason that it is able to operate in Europe and also develops its presence in the Middle East, focusing on new solutions and convenience for customers.
Of course, this company can be called sufficiently reliable, with a regulator of the highest category, a transparent trading environment and with various tools to reduce the risk. For example, to reduce the risk and at the request of the regulator, the company offers a rather low leverage of only 1:30 for retail clients and up to 1:100 for clients who trade large volumes and only after confirmation of its status.
Types of trading accounts
Here everything depends on your goals, level of trading volumes and risk level. The company offers several account opening options to choose from.
Immediately after registration, you will not be able to start trading without funding the trading account, you can deposit it either by bank transfer or by resorting to the use of plastic cards of international standard. At the same time, House of Borse offers a fairly high level of minimum amount for the start of trading-5000 U.S. dollars, due to the orientation of the company towards professional clients. Such clients will first of all appreciate the high level of technology, quality support service and low commissions and spreads.
The absence of any deposit or withdrawal fees will be a pleasant surprise. The commissions of the payment systems and banks should be taken into account. Withdrawal of funds is possible either to the bank account or to a plastic card, also a withdrawal to some electronic systems is possible.
For the basis of the trading platform, we took the industry leader MetaTrader 4, the platform offers a customizable interface, a large number of tools for trade and analysis, it is the number one platform in the world.
More recently, the ability to trade with MetaTrader 5 has been added, which is essentially an improved version of the MT4 platform with an expanded set of tools. It is considered to be more technologically advanced and more convenient for analysis. Both mobile and desktop versions are available, as well as a browser-based version of the platform. All this is used on a free of charge basis.
In general, we can call House of Borse a fairly reliable regulated broker, it will be especially interesting for professional and institutional traders, due to the large set of instruments and low spreads. Beginners will be discouraged by the high level of initial deposit and almost complete lack of training materials. The company does not charge for money transactions as for deposits and withdrawals. The regulator is one of the most well-known organizations FCA.