Abstract:FX-Cycle Trader is a very new online broker, allegedly registered in China, offering a series of trading products including currencies, stocks, indices, commodities to its clients. The information on the FX-Cycle Trader website is minimal, even its real office address not disclosed.
General Information
FX-Cycle Trader is a very new online broker, allegedly registered in China, offering a series of trading products including currencies, stocks, indices, commodities to its clients. The information on the FX-Cycle Trader website is minimal, even its real office address not disclosed.
Official Website Unavailable
Since FX-Cycle Traders official website cannot be accessible for the moment, we could only collect some related information from some broker-review websites to get a rough idea of this broker.
Market Instruments
Trading products offered FX-Cycle Trader are common and popular ones, including forex pairs, commodities, stocks and indices.
Leverage
No trading leverage information can be found anywhere. Since leverage can amplify gains as well as losses, it is essential than traders should learn risk management and choose the proper lever amount.
Spreads & Commissions
Today, many brokers calculate all trading costs into spreads. Here FX-Cycle Trader advertise that it offers super low spreads, but it does not specify spreads on particular instruments.
Trading Platforms
When it comes to trading platforms available, what FX-Cycle Trader offers is not the famous MetaTrader Platforms ( MT4 or MT5), maybe some proprietary or third-party platforms.
Customer Support
FX-Cycle Trader offers a poor customer support, with telephone number, online chat unavailable, and they can be only reached through email: support@fx-cycletrader.com and admin@fx-cycletrader.com.
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