Forex24 Global Spreads, leverage, minimum deposit Revealed

　　General Information & Regulation

　　Forex24 Global is forex and CFD broker, with no actual company behind it. Forex24 Global is not subject to any regulation at this stage.

　　Market Instruments

　　Forex24 Global broker offers investors access to tradable instruments in the global financial markets, including Forex pairs, CFDs on Commodities , Energy, Metals, Indices, Equities, and Cryptocurrencies.

　　Minimum Deposit

　　Forex24 Global offers three different trading accounts: Mini Bronze, Classic Silver, and Pro Gold accounts. The minimum deposit requirement for the mini bronze, or the basic account is $250. The last two accounts require an initial deposit of $500 and $1000, respectively.

　　 Forex24 Global Leverage

　　Trading leverage varies both trading accounts and instruments. Leverage for the Bronze and Silver accounts: 1:30 for major currency pairs, 1:20 for minor currency pairs, major indices and gold, 1:10 for commodities and non-major indices, 1:5 for equities, and 1:2 for cryptocurrencies. Leverage for the Gold account: Forex pairs, gold up to 1:400, commodities, major indices, and non-major indices at 1:50, 1:10 for stock indices, and 1:2 for cryptocurrency indices.

　　Spreads & Commissions

　　Spreads for Bronze accounts start from 2.8 pips, with commissions of 0.0029% of the notional value (per side) for Forex currency pairs, 0.01% of order volume(per side) for Commodities, Energies, Indices, and equities CFDs, and 0.03% of the notional value (per side) for Cryptocurrency CFDs. Spreads for Silver accounts start from 1.7 pips, 0.0025% of the notional value (per side) for Forex pairs, 0.01% of order size (per side) for CFDs on commodities, energy, indices, and equities, and 0.03% of the notional value (per side) for CFDs on cryptocurrencies. The spreads for gold accounts start from 1.2 pips, the commission for trading Forex currency pairs is 0.0020% of the notional value (per side), the commission for trading commodities, energies, indices, and equities CFDs is 0.01% of the order volume (per side), and the commission for trading cryptocurrency CFDs is 0.03% of the notional value (per side).

　　Trading Platform

　　Forex24 Global provides traders with the most professional and convenient trading platform in the Forex market - MT4 trading platform with a large number of technical indicators and powerful data analysis capabilities, which is available for PC, web, iPhone/iPad, and Android for traders to choose freely.

　　Deposit & Withdrawal

　　Forex24 Global offers traders four convenient ways to deposit and withdraw funds, including VISA, MasterCard, wire transfers, and Skrill e-wallets, with deposit fees covered by Forex24 Global. Users withdrawing via VISA/MASTERCARD need to pay a fee of 1 unit of their accounts' base currency, withdrawing via wire transfer may be subject to a bank charge, and withdrawing via Skrill is subject to a 1% fee.