USAFX Spreads, leverage, minimum deposit Revealed

WikiFX | 2022-03-23 22:00

Abstract：USAFX, owned by the U.S.A.FUND, LLLP, is an experienced broker in business, additionally, it was registered in the United Kingdom, however, this broker has not provided any office location info as well as the regulation details, also, all we know is that it has been verified that this broker currently has no valid regulatory, besides, it is likely to be a suspicious clone company.

　　Official Website Unavailable

　　We could not get relevant information due to failing to visit the official website, besides, the information is not available on other websites as well, thus, clients only take a poorly-conceived browse.

　　In addition, if clients would like to know something detailed, please try to visit the official website, although it is likely that it does not work. Furthermore, the official website is as follows: https://www.usafx.cn/zh-cn/

　　General Information

　　USAFX, owned by the U.S.A.FUND, LLLP, is an experienced broker in business, additionally, it was registered in the United Kingdom, however, this broker has not provided any office location info as well as the regulation details, also, all we know is that it has been verified that this broker currently has no valid regulatory, besides, it is likely to be a suspicious clone company.

　　Market Instruments

　　The information we searched on the other website is that USAFX is likely an investment corporation, however, we could not get the specific investment assets.

　　Accounts & Leverage

　　Based on ones initial investment, USAFX offers multiple account types with very different conditions, that is Mini Account, Standard Account, VIP Account, as well as ECN Account, the minimum deposit varies between $100 and $20,000, for instance, the minimum amount for the Mini Account is $100, moreover, clients who are a member of Standard Account are allowed to deposit 500 USD, additionally, the VIP Account sets the limit to the assets for the amount of 5,000 USD, clients have to deposit 50,000 USD to open the ECN Account, concerning the leverage, USAFX offers the maximum leverage of 1:500. moreover, all three accounts requires clients to trade with 0.1 lot except for the Mini Account.

　　Trading Platform

　　USAFX is non MT4/MT5 provider, the information and details we gathered are that this broker provides traders or investors with the web-based trading platform, which is not as reliable as MT4/MT5, instead clients could apply this trading platform with multiple time frames, charts, and some of the most popular drawing tools and price indicators.

　　Customer Support

　　We could not get relevant contact information due to failing to visit the official website, if clients would like to know about this broker in-depth, please try to visit the official website.

　　Risk Warning

　　Trading in leveraged financial instruments carries a high level of risk, including the risk of losing your entire invested capital, and may not be suitable for all investors. The high leverage and volatility of such instruments can work against you as well as for you. Before you decide to trade, you should carefully consider your investment objectives, level of experience, and risk appetite. Wherever in doubt, you should consult and receive advice from independent experts, including legal, tax, and financial advisers.