ContinueFX-Overview of Minimum Deposit, Spreads & Leverage

ContinueFX | 2021-11-22 19:47

Zusammenfassung：ContinueFX is a forex and CFD broker，a trade brand owned by Continue Markets Limited, which claims to be registered in the Saint Vincent and the Grenadines. There is zero evidence that Continue FX is an regulated broker, so it is unsafe to trade with this broker.

General Information & Regulation

ContinueFX is a forex and CFD broker，a trade brand owned by Continue Markets Limited, which claims to be registered in the Saint Vincent and the Grenadines. There is zero evidence that Continue FX is an regulated broker, so it is unsafe to trade with this broker.

Markets Instruments

Continue FX advertises that it can offer a wide range of financial products, including currency pairs, indices, commodities, as well as cryptos.

Minimum Deposit

The entry level at ContinueFX is set at $100. We consider this to be fine. However, traders are still not advised to register real trading accounts here given the fact that ContinueFX is an unregulated broker.

Leverage

The maximum leverage at ContinueFX is 1:200, which should satisfy most traders. If you want to utilize even higher levels of gearing, you are probably too aggressive of a trader. This can lead to massive losses, especially if you have little experience in the market.

Spreads & Commissions

ContinueFX offers a choice between fixed and variable spreads, according to their website. The costs of trading start from 3 and 2.2 pips respectively. These levels are both not that competitive in todays environment.

Trading Platform Available

The platform provided by ContinueFX is MetaTrader5 (MT5). This is the successor of the most popular industry solution MetaTrader4 and only builds upon its glory. Charting is still on the same top-tier level, with additional functionality, such as having the high-impact economic releases plotted on the chart. Additionally, there is a new iteration of the MQL marketplace, where traders can obtain custom tools, such as new technical indicators and automated trading systems. That being said, the old ones are not compatible with the new platform.

Deposit& Withdrawal

The payment options at ContinueFX cover a lot of ground. They feature Credit Cards, Skrill, Nereller, China Union Pay and CashU. At this point only the cryptocurrency purists are not accepted.

Broker