Abstract:Forage Cryptfx Trade is allegedly a suspicious regulated crypto broker registered in the UK since 2017 that claims to provide its clients with cryptocurrency trading, as well as a choice of seven different investment plans and 24/7 online customer support service.
General Information & Regulation
Forage Cryptfx Trade is allegedly a suspicious regulated crypto broker registered in the UK since 2017 that claims to provide its clients with cryptocurrency trading, as well as a choice of seven different investment plans and 24/7 online customer support service.
Market Instruments
Forage Cryptfx Trade advertises that it mainly offers access to cryptocurrency trading.
Investment Plans
There are seven investment plans offered by Forage Cryptfx Trade, namely Silver Weekly, Classic 24 Hour, basic Weekly, Gold Weekly, Platinum Weekly, Gold Monthly and Membership Returns. Starting a Silver Weekly plan requires the minimum initial deposit amount of $200, while the other six investment plans have much higher minimum initial capital requirements of $3,000, $5,000, $3,500, $10,000, $70,000 and $100,000 respectively. The maximum deposit amount is $3,000, $10,000, $20,000, $10,000, $25,000, $1,000,000 and $1,000,000 separately.
Deposit & Withdrawal
From the logos shown at the interface of “ABOUT US” on Forage Cryptfx Trades official website, we found that this broker seems to accept deposits via Perfect Money, Payeer, Bitcoin, Ethereum, Litecoin, Bitcoin Cash and Dogecoin. The minimum initial deposit requirement is said to be only $10. The broker says it does not charge any fees and hidden payments on deposited and withdrawn funds. As for withdrawal processing, the broker states that the profit withdrawal is carried out manually and it can take up to 48 hours.
Customer Support
Forage Cryptfx Trades customer support can be reached by telephone: +66 802320131, email: INFO@FORAGECRYPTFXTRADE.COM or send messages online to get in touch. Company address: 25 London St, London, United Kingdom, W2 1HH.
VPFX obtains UAE SCA Category Five license, enabling FX and CFDs promotion. Learn about its expansion and broker services at vpfx.net.
In today’s article, WikiFX made a comprehension review about HERO to help you better understand this broker. We will analyze the reliability of this broker from specific information, regulation, exposure, etc. Let’s get into it.
eToro is an intuitive online trading platfrom that features social trading solutions, a unique being in the industry, with great popularity among both novices and seasoned traders. On the eToro platform, traders can trader over greater amount of stocks and ETFs with zero commission charged,anencouraging feature was later adopted by many of its competitors. 55 currencies can be traded, with spreads starting at 1 pip (typically on the euro/usd pair), not that competitive, and a trading fee of 1% trading fee of 1% applies to crypto trading. Opening a trading account is quite easy for investors, and demo accounts (funded with $100,000 virtual money) are also provided to enhance beginners' trading courage. However, a major disencouraging point is that this broker has a more limited platform options, only eToro proprietary trading platform and MetaTrader (MT4) supported.
Founded in 1983, City Index is a long-established online trading platform specializing in CFDs on an extensive range of markets covering Indices, Shares, Forex, Gold & Silver, Commodities , spread betting (for UK clients only) , future trading. City Index features comparably low forex trading fees, simple and quick account opening process, ideal for retail investors to experience trading process here. However, this broker does not support social trading and provides limited cryptocurrency choices.