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FLAIYY -

Score

1.19 /10
Danger

FLAIYY

United States

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://www.flaiyy.vip

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Score

Regulatory Index0.00

Business Index4.57

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

FLAIYY Limited

Company Abbreviation

FLAIYY

Platform registered country and region

United States

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

FLAIYY · Company summary
FLAIYYReview Summary
FoundedNot mentioned
Registered Country/RegionUnited States
RegulationUnregulated
Market InstrumentsForex, Commodities, Indices, CFDs
Demo Account✅
LeverageUp to 1:500
SpreadFrom 0.0 pips
Trading PlatformMetaTrader 5 web platform, MetaTrader 5 mobile platform
Min DepositNot mentioned

FLAIYY Information

FLAIYY operates as a global broker with its headquarters located in the United States. A diverse selection of trading instruments is available, featuring CFDs on forex, commodities, and indices. Nonetheless, a significant drawback is the absence of clarity regarding registration and customer support information.

FLAIYY Information

Pros and Cons

ProsCons
Low spreads from 0.0 pipsNo mention of customer support information
Leverage up to 1:500Not available to U.S. clients
Free Forex training and 24/7 support

Is FLAIYY Legit?

FLAIYY is unregulated now.

Is FLAIYY Legit?

What Can I Trade on FLAIYY?

FLAIYY offers a selection of over-the-counter CFDs on various instruments, including currency pairs, commodities, and indices.

Tradable InstrumentsSupported
Forex✔
Commodities✔
Indices✔
Shares❌
What Can I Trade on FLAIYY?

Account Types

FLAIYY offers two main types of live trading accounts: the Standard Account and the ECN Account. It also provides a Demo Account for beginners and those looking to practice.

The biggest differences between the Standard Account and the ECN Account are that the Standard Account offers 0 commission with spreads starting from 1 pip, the ECN Account has spreads starting from 0.0 pips but charges a $6 commission per round trade.

Account Types

FLAIYY Fees

FLAIYY offers competitive spreads starting from 0.0 pips to 11.4 pips across many trading asset, with no commissions for some accounts.

Trading AssetSpread RangeCommission
CurrencyFrom 0.0 pips to 0.5 pips$0.00
CommoditiesFrom 0.2 pips to 11.4 pips$0.00
IndicesFrom 0.2 pips to 1.9 pips$0.00

Trading Platform

FLAIYY provides MetaTrader platform with PC and Mobile versions.

Trading PlatformSupportedAvailable DevicesSuitable for
MetaTrader Web✔Web-basedIntermediate and experienced
MetaTrader Mobile✔Mobile devicesMobile traders
Trading Platform
Trading Platform

Deposit and Withdrawal

FLAIYY hasn't provided withdrawal fee details. The minimum deposit amount is not clearly mentioned, too.However,it provides 5 funding methods: Mastercard, VISA, Neteller, Skrill and Bank transfer.

Funding MethodsMin. DepositFeesProcessing Time
MastercardNot specifiedNo feesInstant
VISANot specifiedNo feesInstant
NetellerNot specifiedNo feesInstant
SkrillNot specifiedNo feesInstant
Bank transferNot specifiedNo fees1-3 business days
Deposit and Withdrawal

News

ExposureFLAIYY, Something You Need to Know

When considering a forex broker, it’s crucial to conduct thorough research to ensure your investments are secure. One broker that has recently come into the spotlight is FLAIYY. Here’s what you need to know about this relatively new player in the forex trading market.

WikiFX
2024-08-29 17:18
FLAIYY, Something You Need to Know
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User comment

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Comments

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Huntener1345
more than one year
Great broker. Spreads are nice, and the added tools on the customer portal is really cool. I wish there's was a greater amount of training and education on how to trade within the options for tools.feels like there a limited amount of trading education and would be a nice feature for newer traders like myself that need refreshers and reminders especially when struggling with profitability.
Great broker. Spreads are nice, and the added tools on the customer portal is really cool. I wish there's was a greater amount of training and education on how to trade within the options for tools.feels like there a limited amount of trading education and would be a nice feature for newer traders like myself that need refreshers and reminders especially when struggling with profitability.
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2024-07-10 10:32
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fxhjjj
more than one year
What stands out for me with them is the combination of low-latency servers and extremely quick order execution. This setup is perfect for my day trading activities
What stands out for me with them is the combination of low-latency servers and extremely quick order execution. This setup is perfect for my day trading activities
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2024-06-27 15:05
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