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Score
United Kingdom
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Quantity 4
Exposure
Score
Regulatory Index0.00
Business Index6.45
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
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Company Name
Freyr Group Limited
Company Abbreviation
Freyr
Platform registered country and region
United Kingdom
Company website
Company summary
Pyramid scheme complaint
Expose
General Information & Regulation
Freyr is a derivatives trading platform offering leveraged investment services in indexes, crude oil, precious metals and contracts for difference (CFD) to international investors. The brand “Freyr” is owned and operated by Freyr Group Limited, a company registered in United Kingdom. Freyr Group Limited is not subject to any regulation at this stage. Please be aware of the risks.
Market Instruments
With Freyr, trader can get access to trading assets include forex currency pairs (more than 30 currency pairs), metals, oil and indices. Overall, financial instruments offered by Freyr is pretty average.
Minimum Deposit
In terms of minimum initial deposit, Freyr doesn‘t make this clear. However, traders should keep in mind that regular and legit brokers won’t ask too high account-opening amount, just around $100 to $200.
Leverage
Trading leverage is not mentioned, when it comes to this part. Leverage magnifies the returns from favorable movements in a currency's exchange rate. It is essential that forex traders learn how to manage leverage and employ risk management strategies to mitigate forex losses.
Spreads & Commissions
Freyr doesnt announce its spread and commission conditions on its website. It always seems that unregulated broker like to hide their real trading fees to scam traders.
Trading Platform Available
Freyr offers clients the opportunity to trade on MetaTrader 4, an award-winning trading platform. There is no doubt that MT4 has become the most popular trading platform for currency traders due to its ease of use, with a rich trading environment and automated trading capabilities. Freyr MT4 trading platform is available for Pc and Mobile devices.
Deposit & Withdrawal
There are some payment logos on the Freyr website, including Maestro, Paypal, Union Pay, Visa, JCB. As Freyr doesnt make it clear, we are unsure whether these payment methods can be used to deposit and withdraw funds from their accounts.
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