general information and regulation of LifeCoinFEX
LifeCoinFEXis a company registered in the uk for less than two years and its parent company is registered in st vincent and the grenadines.
In the following article, we will analyze the characteristics of this merchant in all its dimensions, offering you easy and well-organized information. If you're interested, read on.
At the end of the article, we will also briefly extract the most significant advantages and disadvantages so that you can get an idea of the broker's features at a glance.
market instruments
It seems that this company is engaged in cryptocurrency trading, but we have not been able to find a detailed form.
spreads and commissions to trade with LifeCoinFEX
LifeCoinFEXIt does not detail on its website the additional trading costs of spreads, commissions, swaps, which are very important when calculating profits and losses. these costs should be considered together and not chosen in isolation, and if you want to trade with LifeCoinFEX We recommend that you take some time to calculate these trading costs.
trading accounts available at LifeCoinFEX
demo account: LifeCoinFEX It offers a demo account for you to try a little on the financial market without the risk of losing money.
actual account:
LifeCoinFEXoffers a total of 4 types of account: silver, gold, platinum and vip. the minimum deposit to open an account is respectively $5,000, $1,000, $5,000 and $50,000. If you are still a beginner and did not want to invest too much money in forex trading, the regular account will be the most suitable option for you. but we must also be aware that having too little capital not only reduces losses, but also returns. therefore, it may seem “unexciting” or unprofitable to you. Furthermore, accounts with smaller initial deposits tend to have less favorable trading conditions.
trading platform that offers LifeCoinFEX
LifeCoinFEXIt does not give information about its trading platform, but based on the case of its peers and its website as a whole, it would appear to be a trading platform developed by itself.
Leverage monximo of LifeCoinFEX
the maximum leverage offered LifeCoinFEX is up to 1:500, which is a generous offer, ideal for professional traders and scalpers. However, since leverage can magnify your profits, it can also cause loss of funds, especially for inexperienced traders. therefore, it is essential that traders choose the right amount based on their risk tolerance.
Deposit and Withdrawal: methods and fees
Regarding deposits and withdrawals, the company only lists a few payment options, but does not cover the most important parts, such as additional fees, minimum amounts.
education in LifeCoinFEX
A number of educational resources are available at LifeCoinFEX . we have digital charts, economic calendar and trading strategies.
customer service of LifeCoinFEX
Here are more details about customer service
English language
Phone: +447915609954
email: support@ LifeCoinFEX .net
Social networks: Facebook, Instagram, LinkedIn, YouTube, Twitter
complaints against LifeCoinFEX that we have received in wikifx
On our website, you can see that the scams have already been reported by two users. Please pay attention and be prudent when investing. You can check our platform to find out before trading, and if you have discovered such a fraudulent broker or have been a victim of one, we would appreciate if you let us know in the Exposure section and our team of experts will do everything possible to solve the problem. for you.
pros and cons of LifeCoinFEX
Pros:
high leverage
good information
educational resources
many products traded.
Contras:
lack of effective regulation
lack of information
few deposit and withdrawal methods
there is no MT4/MT5
no islamic accounts
no hay copy trading.
frequently asked questions about LifeCoinFEX
Is this broker regulated？
No, it is currently not effectively regulated and you are advised to be aware of its potential risks.
How much leverage does this broker offer？
the maximum leverage for LifeCoinFEX is 1:500. Please note that this leverage may only be available for some accounts and instruments. check our articles or the broker's website for specific information.
2022-12-02 18:05
