HoldingFx Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-22 17:33

Abstract：Established in 2008 and registered in the UK, HoldingFx is a forex and binary options broker that supports the MT4, offering various trading options, including currency pairs, CFDs on precious metals, commodities and cryptocurrencies. However, HoldingFx operates without regulatory oversight from any reputable financial body.

　　Note: HoldingFx's official website: https://holdingfx.com/ is currently inaccessible normally.

HoldingFxReview Summary
Founded	2008
Registered Country/Region	United Kingdom
Regulation	Unregulated
Market Instruments	Currency pairs, CFDs on precious metals, commodities and cryptocurrencies, binary options
Demo Account	✅
Leverage	Up to 1:500
EUR/USD Spread	1.5 pips
Trading Platform	MT4
Min Deposit	$100
Customer Support	Tel: +84 0948628339
Customer Support	Email: support@holdingfx.com, info@holdingfx.com

　　Established in 2008 and registered in the UK, HoldingFx is a forex and binary options broker that supports the MT4, offering various trading options, including currency pairs, CFDs on precious metals, commodities and cryptocurrencies. However, HoldingFx operates without regulatory oversight from any reputable financial body.

Pros and Cons

Pros	Cons
Many trading products	Unregulated status
Demo accounts available	Inaccessible website
Commission-free for forex trading	Deposits & withdrawals via transfer wire only
MT4 supported

Is HoldingFx Legit?

　　No, HoldingFx is not regulatedcurrently. Please be aware of the risk!

What Can I Trade on HoldingFx?

　　HoldingFx offers trading in currency pairs, CFDs on precious metals, commodities and cryptocurrencies. The CFD product portfolio of HoldingFX includes Bitcoin, LiteCoin, Ethereum, Dash, PeerCoin, and Emercoin.

Tradable Instruments	Supported
Currency pairs	✔
CFDs	✔
Precious metals	✔
Commodities	✔
Cryptocurrencies	✔
Binary options	✔
Indices	❌
Stocks	❌
Bonds	❌
Options	❌
ETFs	❌

Account Type

　　HoldingFX offers its clients a basic forex and CFD trading account ($100 minimum deposit) and a binary account.

Leverage

　　When it comes to trading leverage, the maximum trading leverage available for the forex instruments is up to 1:500, which is considered high. Since leverage, can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders.

Spread and Commission

　　The average spread on HoldingFX's Forex and CFD accounts is 1.5 pips on the EUR/USD pair, with no additional commissions for forex trading.

Trading Platform

　　HoldingFX offers traders the world-renowned MT4 trading platform, as well as the MT4 desktop and mobile versions. MT4 is currently the most popular forex trading platform with unparalleled charting and an easy-to-learn programming environment for traders to create multiple new indicators and automated trading systems.