User Reviews
More
User comment
0
CommentsWrite a review
No comment yet
No Regulation
Score
1.39 /10
Danger
Indicate Fx
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index6.07
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
Website
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
open now
Check whenever you want
Download App for complete information
Warning: Low score, please stay away!
Previous Detection :
2025-01-09
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| Indicate FxReview Summary | |
| Founded | 2-5 years |
| Registered Country/Region | China |
| Regulation | Unregulated |
| Market Instruments | Forex/Stocks/Indices/Cryptocurrencies/Metals/CFDs |
| Demo Account | ✅ |
| Leverage | Up to 1:100 |
| Spread | From 0.1 pips |
| Trading Platform | / |
| Min Deposit | $32 |
| Customer Support | Email: info@indicatefx.com |
| Online Chat | |
Indicate Fx Information
Indicate Fx is a broker. The tradable instruments with a maximum leverage of 1:100 include forex, stocks, indices, CFDs, metals, and cryptocurrencies. The broker also provides three account types and offers demo accounts. The minimum spread is from 0.1 pips and the minimum deposit is $32. Indicate Fx is still risky due to its unregulated status, unspecific information about withdrawal, and inaccessible office website.
Pros and Cons
| Pros | Cons |
| Leverage up to 1:100 | Unregulated |
| Spread as low as 0.1 pips | Inaccessible office website |
| Various tradable instruments | No payment information |
| Commission-free | |
| 24/5 customer support |
Is Indicate Fx Legit?
Indicate Fx is not regulated, which makes it less safe than regulated brokers.
What Can I Trade on Indicate Fx?
Traders can choose different investment directions because the broker provides forex, stocks, indices, CFDs, metals, and cryptocurrencies.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Stocks | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ✔ |
| Precious Metals | ✔ |
| CFDs | ✔ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Account Type
Indicate Fx has three account types suitable for different targeted crowds: Basic, Pro, and Premium. xx. Traders with a small budget can choose a Basic account. On the contrary, traders who like to invest large amounts and expect tight spreads can open a Premium account. Traders who do not want to invest real money can use a demo account to practice first.
| Account Type | Basic | Pro | Premium |
| Targeted Crowd | Newbies and small traders | Professional and experienced traders | Enterprise / Big investors |
| Minimum Deposit | US$100 | US$1000 | US$10000 |
| spreads From | 0.3 pips | 0.1 pips | 0.1 pips |
| Minimum Lot Size | 0.01 Micro Lot | 0.01 Micro Lot | 0.01 Mini Lot |
| Leverage up to | 1:100 | 1:100 | 1:50 |
| Commission | Free | Free | Free |
| Trading Server | Standard | ECN & STP | ECN |
Indicate Fx Fees
The spread is from 0.1 pips and commission-free. The lower the spread, the faster the liquidity.
Leverage
The maximum leverage is 1:100 meaning that profits and losses are magnified 100 times.
Deposit and Withdrawal
The minimum deposit is $32.
Customer Support Options
Indicate Fx provides 24/5 customer support and 8/5 live chat; traders can also contact the broker via email.
| Contact Options | Details |
| info@indicatefx.com | |
| Online Chat | ✔ |
| Supported Language | English |
| Website Language | English |
| Physical Address | / |
start to write first comment