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GARNETTRADE vs Lockwood

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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These are different service types — a money-transfer service, bank or stockbroker isn’t a like-for-like alternative to a forex/CFD broker. Compare with that in mind.
Safer pick GARNETTRADE leads on safety — winning 2 of 2 trust metrics (lower scam-risk, stronger regulation). Check the selection rows for the best fit.
GARNETTRADE Forex
35/100 risk
Macedonia
Read review →
Lockwood
75/100 risk
Macedonia
Read review →
Safety & Trust
Scam-risk score lower = safer
35
75
Verdict
Guarded
Severe
Regulated
Yes
No
Licenses
1
0
Tier-1 regulators
0
0
Trustpilot score
Reviews collected
Exit risk lower = safer
Known clones
0
0
Regulator warnings
0
0
Cost & Accounts
Min deposit lower = easier to start
$1
Max leverage
1:500
Min spread (best acct)
from 1
Commission
Cost grade
Account types
5
0
Best for
Suits
Traders comfortable with offshore (Comoros) regulation, Experienced traders seeking high leverage up to 1:500, Traders with large capital for ECN/Zero accounts
Not for
Regulation-sensitive traders preferring FCA, ASIC, or CySEC oversight, Beginners with low budgets (minimum deposit $100 but high risk), Traders requiring a wide range of instruments or transparent pricing
Products & Funding
Instruments
--
Deposit methods
--
Withdrawal
--
Execution
Speed
Slippage
Swap cost
Company
Founded
2022-07-26
2019-04-15
Headquarters
Macedonia
Macedonia
Employees
0
0

✓ = stronger value on that row · good · caution · weak · "—" = not yet collected. Independent scoring, never for sale.

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