Abstract:Forex Varsity was founded in 2018 in the United States, focusing on the forex, indices, precious metals, energies, and CFDs markets. It uses MT4 as its trading platform, with a minimum deposit of $200 and a maximum leverage of 1:1000. However, it is not regulated, and potential risks are relatively high.
Note: Forex Varsity's official website - https://forexvarsity.net/ is currently inaccessible normally.
Forex Varsity Review Summary | |
Founded | 2018 |
Registered Country/Region | United States |
Regulation | No regulation |
Market Instruments | Forex, indices, precious metals, energies and CFDs |
Demo Account | / |
Leverage | Up to 1:1000 |
Spread | / |
Trading Platform | MT4 |
Min Deposit | $200 |
Customer Support | Tel: +1 (315) 916-6432 (Mon - Fri, 8:00-17:00) |
Email: support@forexvarsity.net | |
Social media: Facebook, Twitter, YouTube, Instagram | |
Address: Head Office – Cape Town Seaboard House, Cnr of Blaauwberg Road & Millin Rd, Table View 7441 |
Forex Varsity was founded in 2018 in the United States, focusing on the forex, indices, precious metals, energies, and CFDs markets. It uses MT4 as its trading platform, with a minimum deposit of $200 and a maximum leverage of 1:1000. However, it is not regulated, and potential risks are relatively high.
Pros | Cons |
Diverse tradable assets | Inaccessible website |
MT4 supported | Lack of regulation |
Popular payment options | Unclear fee structure |
High minimum deposit |
No, it is not regulated by the financial services regulatory authority in the United States, which means that the company lacks regulation from its registration site. Please note the potential risks!
Forex Varsity provides several types of products, including forex, indices, precious metals, energies and CFDs.
Tradable Instruments | Supported |
Forex | ✔ |
CFDs | ✔ |
Precious Metals | ✔ |
Energies | ✔ |
Indices | ✔ |
Stocks | ❌ |
Cryptocurrencies | ❌ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
The leverage can be up to 1:1000, which is relatively high. Customers need to consider carefully before investing, because high leverage is likely to bring high potential risks.
Forex Varsity uses MT4 as its trading platform, which is a recommended platform for beginners.
Trading Platform | Supported | Available Devices | Suitable for |
MT4 | ✔ | PC, web, mobile | Beginners |
MT5 | ❌ | / | Experienced traders |
Forex Varsity supports a number of payment options, including bank transfer, Neteller, Skrill, Perfect Money, and Bitcoin. However, other details such as the processing time and fees are not clear.
Despite its relative youth, the Cyprus-registered online broker Capital.com has garnered respectable attention from a large number of retail and professional investors since its 2016 launch. Capital.com is a frontrunner among low-cost trading products; it allows individual and institutional investors to trade contracts for difference (CFDs) on three thousand markets, including Forex, Stocks, Commodities, Indices, Cryptocurrencies, and more. Impressively, Capital.com is on board with ESG investments as well. You can begin trading CFDs on the Capital.com platform with as little as $20. You can trade CFDs on this platform without paying any commissions; the only fees involved are the spreads. This broker offers a wide range of platforms, including mobile apps, a desktop trading app, an API from Capital.com, Tradingview, and MetaTrader 4. Among Capital.com's many distinguishing features is the wealth of educational content and high-quality research it offers its users. The platform's Marke
Italy’s financial regulator, Consob, has ordered the shutdown of six unauthorized financial service websites to combat illegal financial activities and protect investors. This action is based on regulatory powers granted under the 2019 “Crescita Decree.” Since 2019, Consob has blocked 1,211 fraudulent websites. Investors can use WikiFX to verify compliance and avoid investment scams.
Join XM Competitions from 20-27 Feb for a chance to win $100,000! Compete by skill or luck. No entry fees. Trade on a secure, award-winning platform.
Launched in 2008, Axi (formerly Axitrader), is an Australia-registered online forex broker that has gained solid development these years. Globally and heavily regulated, the Axi brand has several entities operating under different jurisdictions, including ASIC in Australia, FCA in the UK, CYSEC in Cyprus, FMA in New Zealand, and DFSA in the United Arab Emirates. Axi gives investors the opportunity to enter some popular markets with small budgets, including Forex, Metals, Indices, Commodities, Cryptocurrency, particularly IPOs, using its advanced software—the Axi Trading platform (newly launched), Copy Trading App, MT4, MT4 Webtrader . With no cost during account setup, traders can choose from 3 tailored live accounts in addition to a demo account. Among many forex brokers, Axi stands out due to its user-friendly interface, which allows for quick and simple account opening and withdrawals.