FxFINANCE Spreads, leverage, minimum deposit Revealed

FxFINANCE Information

　　Founded in Seychelles in 2012, FXFinance provides a platform for trading a wide range of assets, including major, minor, and exotic currency pairs, gold, silver, and binary options. This platform implements competitive spreads and a commission-free structure. It offers customers three types of accounts, namely Standard accounts, Gold accounts and Platinum accounts. Besides, it provides a leverage ratio of 1:100. But it is currently unregulated and lacks security.

Pros and Cons

Is FxFINANCE legit or a scam?

　　FxFinance operates without regulation, meaning that it is not supervised by any financial regulatory authority. As a result, there is no guarantee of fairness and transparency in operation, and there is no authoritative resolution mechanism when disputes occur.

What Can I Trade on FxFINANCE?

　　Currencies, Gold and Silver, Binary options are able to be traded on FxFINANCE

Account Types

FxFINANCE Fees

　　FxFINANCE Fees implements a commission-free model through its three types of accounts.

　　The Standard Account features Forex spreads for standard accounts start at 3 points and CFD spreads start at 5 points. Similarly, gold and platinum accounts maintain the same spread structure and do not charge additional commissions.

Trading Platform

　　FxFinance adopts the MetaTrader 4 (MT4) and UTIP trading platforms.

Deposit and Withdrawal

　　The broker supports three payment methods. The first method is to use Credit cards like Visa and Mastercard. The second method is to use Online wallets such as WebMoney, OKPAY, LiqPay, PBR Money, PayPal, Sberbank, and Yandex. The third method is to use Bank tranfers.