FXTradium Spreads, leverage, minimum deposit Revealed

　　Risk Warning

　　Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

　　General Information & Regulation

　　FXTradium, a trading name of FXTradium Limited Liability Company, is allegedly a forex broker founded in 2021 and registered in Belarus that claims to provide its clients with various tradable financial instruments with flexible leverage up to 1:500 and floating spreads on the TradingView, MT5 and WebTrader trading platforms via three different live account types, as well as 24/7 customer support service. Here is the home page of this brokers official site:

　　As for regulation, it has been verified that FXTradium currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.22/10. Please be aware of the risk.

　　Market Instruments

　　FXTradium advertises that it offers access to 250+ trading instruments in financial markets, including FX pairs, metals, stocks, indices, equities and cryptocurrencies.

　　Account Types

　　Apart from demo accounts, FXTradium claims to offer three types of real trading accounts, namely Islamic, Standard and ECN, with minimum initial deposit requirements of $100, $100 and $2,000 respectively.

　　Leverage

　　The specified leverage for different account types at FXTradium varies between 1:200 and 1:500. Clients on the Islamic and Standard accounts can enjoy the maximum leverage of 1:500, while the ECN account can experience leverage of 1:200. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

　　Spreads & Commissions

　　All spreads with FXTradium are a floating type and scaled with the accounts offered. Specifically, the spread starts from 1.5 pips on the Islamic accounts, from 1.2 pips on the Standard account and raw spreads on the ECN account. As for the commission, there is no commission on the Islamic and Standard accounts, while the ECN account will be charged an unspecified commission.

　　Trading Platform Available

　　The platforms available for trading at FXTradium are one of the most notable and preferred trading platforms the market offers - MetaTrader5, as well as TradingView and WebTrader. The MT5 is highly praised by traders and brokers alike due to its ease of use and great functionality, offering top-notch charting and flexible customization options. It is especially popular for its automated trading bots, a.k.a. Expert Advisors.

　　Deposit & Withdrawal

　　FXTradium claims to support deposits and withdrawals via Visa, MasterCard, cryptocurrencies, Skrill, Neteller, WebMoney and Perfect Money. The minimum initial deposit requirement is said to be $100. All deposits and withdrawals are free and instant.

　　Customer Support

　　FXTradiums customer support can be reached by telephone/WhatsApp: +44 (20) 3504 1391 or live chat. You can also follow this broker on social networks such as Twitter, Facebook, Instagram, YouTube and LinkedIn. Company address: 220070, Minsk, st. Radial, 11B, pom. Eleven.

　　Pros & Cons

　　Frequently Asked Questions (FAQs)