ForexBY vs PegasFX
Independent side-by-side on safety (scam-risk, regulation, reviews) and selection (costs, products, funding, who it's best for). We charge brokers nothing.
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Safer pick ForexBY leads on safety — winning 2 of 3
trust metrics (lower scam-risk, stronger regulation). Check the selection rows for the best fit.
Safety & Trust
Scam-risk scoreⓘ lower = safer
✓25
45
Verdict
Guarded
Guarded
Regulatedⓘ
Yes
No
Licenses
✓1
0
Tier-1 regulatorsⓘ
0
0
Trustpilot score
—
—
Reviews collected
—
—
Exit riskⓘ lower = safer
—
—
Known clonesⓘ
1
✓0
Regulator warnings
0
0
Cost & Accounts
Min deposit lower = easier to start
$500
—
Max leverage
1:200
—
Min spread (best acct)
from 0
—
Commission
$6
—
Cost grade
—
—
Account types
✓4
0
Best for
Suits
Belarus-based traders seeking a locally regulated broker, Traders with a minimum deposit of $500 or more, Investors interested in Russian stock CFDs
Experienced traders comfortable with unregulated brokers, Traders seeking minimal oversight and high risk
Not for
Traders with small trading capital, Residents of countries restricted by the broker, Those seeking high leverage above 1:200
Regulation-sensitive traders, Beginners requiring deposit protection, Traders needing transparent operations
Products & Funding
Instruments
Foreign Exchange, Precious Metals, Spot, Stock and Index CFDs + Russian Stock CFDs, Cryptocurrency Futures
—
Deposit methods
Bank, cards
—
Withdrawal
Bank, cards
—
Execution
Speed
—
—
Slippage
—
—
Swap cost
—
—
Company
Founded
2020-11-19
2021-03-03
Headquarters
Belarus
Belarus
Employees
0
0
✓ = stronger value on that row · ● good · ● caution · ● weak · "—" = not yet collected. Independent scoring, never for sale.