THENINE Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-27 14:39

Abstract：THENINE is an unregulated broker registered in Saint Vincent and the Grenadines, offering trading in forex currency pairs, indices, spot indices, commodities, spot commodities, and cryptocurrencies with leverage up to 1:1000 and spread from 1.8 pips on the Standard account via the MT4 platform. The minimum deposit requirement to open a live account is just 10 USD.

　　Note: THENINE's official website - https://thenine.exchange/tfx/ is currently inaccessible normally.

THENINE Review Summary
Founded	/
Registered Country/Region	Saint Vincent and the Grenadines
Regulation	Not regulated
Market Instruments	Forex currency pairs, indices, spot indices, commodities, spot commodities, and cryptocurrencies
Demo Account	/
Leverage	Up to 1:1000
Spread	From 1.8 pips (Standard account)
Trading Platform	MT4
Min Deposit	$10
Customer Support	Tel: +1 628 123 4000
	Email: info@thenine.exchange
	Facebook
	Registered address: Suite 305, Griffith Corporate Centre, Beachmont P.O.Box 1510, Kingstown, Saint Vincent and the Grenadines

　　THENINE is an unregulated broker registered in Saint Vincent and the Grenadines, offering trading in forex currency pairs, indices, spot indices, commodities, spot commodities, and cryptocurrencies with leverage up to 1:1000 and spread from 1.8 pips on the Standard account via the MT4 platform. The minimum deposit requirement to open a live account is just 10 USD.

Pros and Cons

Pros	Cons
Various trading assets	Not regulated
Multiple account types	Lack of transparency
Micro account offered	Wide spreads
Popular trading platform MT4	Long withdrawal processing time
Low minimum deposit
Popular payment options

Is THENINE Legit?

　　No, THENINE operates without regulation. Please be aware of the risk!

What Can I Trade on THENINE?

Tradable Instruments	Supported
Forex currency pairs	✔
Indices	✔
Spot indices	✔
Commodities	✔
Spot commodities	✔
Cryptocurrencies	✔
Stocks	❌
Bonds	❌
Options	❌
ETFs	❌

Account Type

　　THENINE offers three account types: Micro, Standard and ECN.

Account Type	Min Deposit
Micro	USD 10
Standard	USD 10
ECN	USD 100

Leverage

　　THENINE's leverage is capped at 1:1000. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spread

Account Type	Spread
Micro	From 2.0 pips
Standard	From 1.8 pips
ECN	From 0.5 pips

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	Web, Desktop, Mobile	Beginners
MT5	❌	/	Experienced traders

Deposit and Withdrawal

　　THENINE supports deposit and withdrawal via credit cards, wire transfers, local transfers, and a Bitcoin wallet. The typical withdrawal processing time is around 5 days, and the broker has not revealed any withdrawal fees.