Develop North - Scam Broker Review, Real Customer Feedback

Develop North informs its current and potential clients that it has implemented a strategy to enter the CIS market with a focus on providing quality customer service. In the context of the pandemic, the organization decided to expand its presence in Eastern Europe, designating the region as a priority area for further growth. The official resource develnor.pro is presented in Russian, but other localizations are also available. A screenshot of the main page can be found attached below.

The broker claims that its head office is located in the UK, but no evidence is provided in the public domain to confirm the truth of this statement. Information about regulation is also not provided, which may indicate the illegality of the services provided.

The mission of the company “Develop North,” according to it, is to increase the accessibility of financial solutions for a wide audience. The organization develops tools that allow users to start investing at a convenient time and under individually suitable conditions. The broker highlights the following as its main advantages:

• Education. The company allegedly offers a balanced educational course aimed at both novice investors and experienced traders. The program covers key aspects of trading and promotes the development of practical skills.
• Tools. The platform's functional technical solutions are designed for the convenience of investors, ensuring comfortable interaction with trading services at all stages.
• Trading platform. The innovative professional platform supposedly allows for the quick opening and closing of positions, ensuring stable operation and precise order execution.

Also, after completing the registration, users can use the “demo” service to try all the features of the trading platform without the need to deposit real money into the account.

Broker Develop North: Trading Conditions

The project provides structured trading conditions that involve the use of predefined account types. Each account category is adapted to a certain level of training and trading approach, allowing users to choose the most suitable format for interacting with the platform.

1. Basic – a balanced solution for users without experience. Limited in the number of available assets, but allows consultation with an expert at any time. Investment amount from $500. Leverage 1:100;
2. Standard – suitable for users who already have some experience in financial operations. Offers more opportunities and also provides access to daily analyses from experts. Investment amount from $2,500. Leverage 1:100;
3. VIP – a solution for traders who have already achieved certain successes but do not want to stop there. Users with this privileged level receive a personal manager. Investment amount from $7,000. Leverage 1:200;
4. Prime – provides the most complete access to the functions and services presented on the platform. Users with this tariff plan are given exclusive access to news and positions. Investment amount from $15,000. Leverage 1:400.

Changing the type of trading account is allowed in the future, but is carried out only in compliance with the established requirements. Detailed information about each available tariff is posted in the relevant section of the official website.

Develop North Trading Platform

According to the information posted on the official resources, the trading platform web.devnorth.tech combines a convenient user interface, advanced analytical capabilities, and high-speed order processing. Users are provided with quick access to charts and technical analysis tools, which contributes to making informed decisions in a dynamic market environment.

The function of trading from charts simplifies the visual assessment of market movements and allows for quick position management. The reliability of the terminal and minimal delays in order execution create conditions for the stable implementation of chosen strategies. The web version of the platform is available without the need to install additional software.

How to Withdraw Money from the Broker “Develop North”

Balance replenishment and fund withdrawal are carried out via bank cards, transfers, and digital wallets, but only after logging into the Develop North personal account. Before registration, commission parameters, limits, and terms are not disclosed.

Conclusion about develnor.pro

The company does not provide legal documentation, which raises doubts about the legality of the services provided. It is worth studying real reviews about Develop North, as well as clarifying the broker's position in the broker rating.