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CARTERS-Overview of Minimum Deposit, Spreads & Leverage

WikiFX | 2024-12-27 16:06

Abstract：CARTERS was registered in the UK, and it provides trading services related to currencies, silver, gold, energies, and CFDs. Besides, it offers 2 types of accounts, among which the minimum deposit is $1,000 and the maximum leverage is 1:200. However, it should be noted that this company is not regulated, and potential risks still exist.

Note: CARTERS's official website - https://www.cartersford.com/en is currently inaccessible normally.

CARTERS Review Summary
Founded	/
Registered Country/Region	UK
Regulation	No regulation
Market Instruments	Currencies, silver, gold, energies, and CFDs
Demo Account	/
Leverage	Up to 1:200
Spread	/
Trading Platform	Web Trader
Min Deposit	$1,000
Customer Support	Tel: +44 01142467292
Customer Support	Email: info@cartersford.com

CARTERS was registered in the UK, and it provides trading services related to currencies, silver, gold, energies, and CFDs. Besides, it offers 2 types of accounts, among which the minimum deposit is $1,000 and the maximum leverage is 1:200. However, it should be noted that this company is not regulated, and potential risks still exist.

Pros and Cons

Pros	Cons
Diverse tradable assets	Inaccessible website
Mini account offered	Lack of regulation
	No MT4 or MT5
	High minimum deposit
	Unknown payment methods

Is CARTERS Legit?

No, it is not regulated by the financial services regulatory authority in the UK, which means that the company lacks regulation from its registration site. Please note the potential risks.

What Can I Trade on CARTERS?

CARTERS provides a variety of products, including currencies, silver, gold, energies, and CFDs.

Tradable Instruments	Supported
Currencies	✔
Gold & Silver	✔
Energies	✔
CFDs	✔
Indices	❌
Stocks	❌
Cryptocurrencies	❌
Bonds	❌
Options	❌
ETFs	❌

Account Type

Account Type	Min Deposit
Standard	/
Mini	$1,000

Leverage

The leverage can be up to 1:200.

Account Type	Max Leverage
Standard	1:100
Mini	1:200

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.

Trading Platform

CARTERS uses a web-based trading platform, and it does not support MT4 or MT5.

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

Leverage Broker Dealer Forex trading Forex Broker

Related broker

No Regulation

CARTERS

Company name：CARTERS OF CHAPELTOWN LIMITED

Score

1.56

Website：http://www.cartersford.com/en

5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.56

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