Fxedeals-some details about this broker

Fxedeal 2324396132

General Information

Registered in Saint Vincent and the Grenadines, Fxedeal is an online forex broker offering a series of trading instruments, including currency pairs, commodities, index, stocks, as well as digital pairs. With Fxedeal , investors have the flexibility to choose from five trading accounts, and the maximum leverage that can be used is up to 1:500.

License Information

Fxedeal is operated by EDEAL MARKET PTY LTD, registered with the Australia Securities & Investment Commission (ASIC), holding a license of Common Business Registration (License Number: 647302 949).

Market Instruments

Fxedeal hypes that it provides the opportunity to get access to various financial markets. Different types of trading assets including Foreign Exchange, Metals, Energies, Indices, Shares, Cryptocurrencies are all available through this brokerage platform.

Account Types

Fxedeal provides a total of five types of trading accounts to suit its clients varying trading needs, namely Silver, Gold, Platinum, Rhodium, Palladium. To open a Silver account, the most basic one, an acceptable deposit of $100 is required. The other trading accounts require initial deposits of $250, $500, $1,000, $5,000, respectively.

Margin Call: 50%

Stop Out: 40%

Account Currency: USD

Aside from live accounts, demo accounts are also available for clients to get a feel of the trading environment and practice their trading skills.

How to open an account with Fxedeal？

Opening an account on the Fxedeal platform is easy:

1. Click the “OPEN LIVE ACCOUNT” link.

2. Fill up some information on the popping up page, including your preferable account type, your valid email address, password.

3. Upload your personal data for this brokers verification.

4. Fund your account and start to trade with this broker.

Leverage

When it comes to leverage, Fxedeal permits traders to use leverage of up to 1:500, a generous offering. However, it is significantly higher than the levels regarded appropriate by many regulators. As leverage can also cause serious fund losses, it is important for inexperienced traders to choose the proper amount that they feel comfortable.

Spreads

Commission and spreads on the Fxedeal platform are tied to the type of trading account you have, as is the case with most other forex brokers. The Silver, Gold, and Platinum accounts charge no commission, accompanied by wide spreads. The Platinum account offers spreads from 0.03 pips, with a commission of $10. The Rhodium charges a commission of $3 per lot.

Trading Platform

Fxedeal provides its clients access to the industry-leading MT4 trading platform, which can be accessed on any device, Desktop, Web, Android, iPhone, iPad.

Some features and functionalities of the MT4 trading platform include the following:

l User friendly interface, high-customized

l Multiple technical indicators, and robust charting tools

l Free EA hosting capabilities

l Web and mobile trading support

Trading Tools & Resources

Aside from the MT4 trading platform, this broker also provides some trading tools and educational resources, including Trading News and Research, Pivot Table, Economic Calendar, and One-Click trading.

Payment Methods

The minimum deposit to trade withFxedeal is $100. However, Fxedeal does not disclosed what payment processors it works with for clients to make a deposit and withdrawal.

Some common payment options supported by most forex brokers include Bank Transfer, Credit/Debit Cards, as well as some e-wallets, like Skrill, Neteller, Webmoney, PayPal and more.

Customer Support

Fxedeal relies on its FAQ section to assist its clients with some common trading problems. Traders can reach out to Fxedeal about any questions or concerns they may have about their accounts or their trading through the following methods:

Telephone: +61280056665

Email: support@emdforex.com

Or you can also follow this forex broker on some social media platforms, such as Facebook, Linkedin, Twitter, Youtube, and Instagram.

Fxedeal have five branches in Australia, United Kingdom, Dubai, India, and Hong Kong.

Risk Warning

There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.

The information presented in this article is intended solely for reference purposes.