General Information
Registered in the United Arab Emirates, Sinox FX is an online forex broker providing access to more than 120 trading instruments, including Forex, Metals, Indices, CFD products through the advanced MT5 trading platform.
Spreads and Commissions In the case of Sinox FX, spreads and commissions depend on the instrument and the account. Let's take a silver account as an example. Minimum spreads are about 2.5 pips and commission is described as low." /> Market Instruments
FX Major, FX Crosses, FX Minor, FX TRY, Spot Metals, CFDs, Spot Indices, Shares, Cryptocurrencies.....Sinox FX allows clients to access a huge range of trading markets. Therefore, both beginners and experienced traders can find what they want to trade on Sinox FX. we noted that shares trading is currently unavailable.
Spreads and Commissions
In the case of Sinox FX, spreads and commissions depend on the instrument and the account. Let's take a silver account as an example. Minimum spreads are about 2.5 pips and commission is described as low.
Account Types for Sinox FX
Demo Account: Sinox FX provides a demo account that allows you to try out the financial markets without the risk of losing money.
Live Account: Sinox FX offers a total of Sinox FX account types: silver, gold, platinum, elite and raw. The minimum deposit to open an account is $50, $1,000, $10,000, $25,000 and $50,000 respectively. If you are still a beginner and don't want to invest too much money in Forex trading, a silver account will be the most suitable option for you. However, we should also realize that too little capital not only reduces losses, but also reduces profitability. Therefore, you may find it “unexciting” or unprofitable. In addition, accounts with smaller initial deposits tend to have poorer trading conditions.
Trading Platforms
The MT5 trading platform features powerful charting capabilities, including over 50 different technical indicators and intraday analysis tools. Access from a variety of devices also makes trading easier for users.
Leverage
Sinox FX offers a maximum leverage of up to 1:1000, which is a generous offer and ideal for professional traders and scalpers. However, since leverage can magnify your profits, it can also result in a loss of capital, especially for inexperienced traders. Therefore, traders must choose the right amount according to their risk tolerance.
Deposit and Withdrawal
As for deposits and withdrawals, the company lists only a few payment options, but does not cover the most important parts, such as additional fees, minimum amounts, time required for procedures, etc. The possible payment methods are cryptocurrencies, MasterCard, PayPal, VISA, bank transfer, neteller and skrill.
Customer Support
Below are the details about the customer service.
Language(s): English
Service Hours: 24/7
Email: support@sinoxfx.com
Phone Number: +971529626257
Register Address:71-75 Shelton Street, London, Greater London, United Kingdom
Office Address: 701, 7th Floor, Al Jawarah Building , near by ADCB bank Dubai U.A.E
Social media: Facebook, Instagram, LinkedIn, YouTube, twitter
2023-02-23 09:19
2022-12-16 16:56
