Note: The information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then.
Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
In this review, if there is a conflict between the image and the text content, the text content should prevail. However, we recommend that you open the official website for further consultation.
What's Metro FX-Trading？
Metro FX-Trading is an unregulated independent trading company boasting a diverse team of traders from various countries, with an international world class team of traders from countries like US, UK, Russia, Canada, Spain and Netherlands, offering market instruments such as Forex, Option, Crypto, Binary and Stock Trade. They claim to offer a unique global perspective and possess in-depth market and sector knowledge.
In the following article, we will analyse the characteristics of thisbroker in all its dimensions, providing you with easy and well-onganised information. If you are interested, read on.
Pros & Cons
Pros
Multiple Market Instruments: Metro FX-Trading offers a wide range of market instruments including Forex, Option, Crypto, Binary and Stock Trade.
Multiple Customer Support Channels: Metro FX-Tradingprovides several channels for customer support including live chat, email, and social media. This could make it easier for clients to reach out with their queries or concerns.
Cons
No Regulation: Metro FX-Trading is not regulated, which increases risks for clients as the company doesn't have to adhere to any established financial standards nor offer protections typically required by financial regulators.
Unclear minimum deposit requirements: This broker doesn't provide specific imformation about minimum deposit. This lack of transparency can be frustrating for customers who are trying to open a new account.
Is Metro FX-Trading Legit？
User Feedback: Users should check the reviews and feedback from other clients to gain a more comprehensive sight of the broker, or look for reviews on reputable websites and forums.
Security Measures: Metro FX-Trading asserts that client investments are safeguarded against losses, purportedly due to comprehensive insurance coverage of all its assets. Additionally, the company claims to boast a robust system security team, presumably aimed at enhancing the protection of clients' funds and personal information. While these measures are highlighted by the company, as no investment platform can entirely eliminate the inherent risks associated with financial markets.
Market Instruments
Metro FX-Trading provides a range of market instruments including Forex, Options, Cryptocurrency, Binary options, and Stock trading. These instruments allow users to engage in various forms of speculative trading.
Forex (Foreign Exchange): Forex trading involves the buying and selling of currencies. Traders speculate on the exchange rate between two currencies, aiming to profit from fluctuations in value. It's one of the largest and most liquid financial markets globally.
Options: Options are financial derivatives that give the buyer the right, but not the obligation, to buy or sell an underlying asset at a predetermined price within a specified time period. Options can be used for hedging, speculation, or generating income.
Cryptocurrency: Cryptocurrency is a digital or virtual form of currency that uses cryptography for security. Examples include Bitcoin, Ethereum, and Litecoin. Cryptocurrency trading involves buying and selling these digital assets on cryptocurrency exchanges.
Binary options: Binary options are a type of financial option where the payoff is either a fixed amount of an asset or nothing at all. Traders predict whether the price of an underlying asset will be above or below a specified price level at a predetermined time.
Stock trading: Stock trading involves buying and selling shares of publicly-traded companies on stock exchanges. Traders aim to profit from price movements in individual stocks by buying low and selling high or by short selling.
Account Types
Metro FX-Trading provides a demo account which is a simulated trading account offered by brokers or trading platforms that allows users to practice trading without risking real money. It typically provides access to the same features and functionalities as a live trading account but uses virtual funds instead of real capital.
In addition to demo account, Metro FX-Trading provides four types of real accounts: Starter, Premium, Deluxe, and VIP. Each account type presumably offers varying levels of features and benefits tailored to different trading preferences and experience levels.
Starter account: Metro FX-Trading provides features such as a minimum investment requirement of $1,000 and a maximum investment limit of $5,000. Additionally, this account type offers a 5% referral bonus for clients who refer others to the platform, the option for multiple investments, and access to 24/7 customer care support.
Premium Account: Metro FX-Trading provides features such as a minimum investment requirement of $5,000 and a maximum investment limit of $15,000. Additionally, this account type offers a 10% referral bonus for clients who refer others to the platform, the option for multiple investments, and access to 24/7 customer care support.
Deluxe Account: Metro FX-Trading provides features such as a minimum investment requirement of $15,000 and a maximum investment limit of $25,000. Additionally, this account type offers a 12% referral bonus for clients who refer others to the platform, the option for multiple investments, and access to 24/7 customer care support.
VIP Account: For the VIP Account, Metro FX-Trading presents features such as a minimum investment requirement of $25,000, with no specified maximum investment limit. Additionally, this account type offers a 16% referral bonus for clients who refer others to the platform, along with the flexibility to withdraw both profits and capital at any time. Furthermore, VIP Account holders have access to 24/7 customer care support.
How to Open an Account？
You can open a real account by clicking on “Get Started”. Fill in your basic information such as your name, email address, region,gender and phone number. Create a password to secure your account. Then select your account type. Be sure to agree to their terms and conditions. Once your account is verified, you can start utilizing the services offered by Metro FX-Trading.
Trading Platform
Metro FX-Trading provides TradingView as a trading platform option for its users. TradingView is a web-based platform that offers charting tools, technical analysis features, and a social networking component where users can share trading ideas and strategies.
While TradingView may be popular among traders for its user-friendly interface and extensive charting capabilities, the platform itself does not guarantee trading success.
Trading Tools
Metro FX-Trading offers trading tools such as a Profit Calculator and a Currency Calculator. These tools are presented as aids for traders to evaluate profits and perform currency conversions. While the availability of such tools may be beneficial for some users, it's important to approach their use with caution and to verify their accuracy through independent means.
Withdrawals
Withdrawal requests up to $500.00 are processed instantly with Metro FX-Trading, while other transactions are approved and paid within 48 business hours. The minimum amount traders can request for a withdrawal is $1 US Dollar. Traders have the flexibility to withdraw their funds directly into their personal accounts through the Withdraw Section.
Customer Support
Metro FX-Trading offers comprehensive customer support to its clients. This includes being available 24 hours a day, 7 days a week. Clients can reach out to Metro FX-Trading through various channels.
Email: The firm offers assistance through email atinfo@metrofxtrading.com.
Live chat
Contact form
Social Media: Metro FX-Trading also maintains a strong presence on Twitter, Facebook, Instagram, providing clients with a more informal method of communication or for staying updated with the firm's latest news.
Company address: 561 Montgomery St, Jersey City New Jersey, US.
Conclusion
In conclusion, Metro FX-Trading offers a range of account options tailored to different trading preferences and experience levels. From the Starter to the VIP Account, traders have access to various features such as minimum and maximum investment limits, referral bonuses, withdrawal flexibility, and customer care support.
While these offerings may present opportunities for traders, it's crucial for individuals to consider their investment goals and risk tolerance before engaging with Metro FX-Trading or any other financial service provider. As with any investment opportunity, prudent decision-making and risk management are essential to navigate the complexities of the financial markets effectively.
Frequently Asked Questions (FAQs)
Is Metro FX-Trading regulated？
No. Vega Capital is not regulated.
What market instruments does Metro FX-Trading offer？
Forex, Option, Crypto, Binary and Stock Trade.
What trading tools does Metro FX-Trading offer？
Profit Calculator andCurrency Calculator.
Does Metro FX-Trading offer demo accounts？
Yes.
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 provided in this review may be subject to change due to the constant updating of the company's services and policies.
2023-02-23 11:27
