Abstract:FNory is an unregulated brokerage firm based in the United Kingdom, offering many tradeable assets including foreign exchange, indices, shares, commodities, and cryptocurrencies, through the F-Trader platform. FNory offers a single account type, namely the STANDARD account, with high leverage up to 1:500, a minimum deposit of $100, and no commission fees.
FNory Review Summary | |
Founded | 2020 |
Registered Country/Region | Saint Vincent and the Grenadines |
Regulation | Not Regulated |
Market Instruments | Forex, Commodities, Shares, Indices, and EFTs |
Demo Account | Not Mentioned |
Leverage | Up to 1:500 |
Spread | Starting from 0.0 pips |
Trading Platform | F-Trader |
Min Deposit | $100 |
FNory is an unregulated brokerage firm based in the United Kingdom, offering many tradeable assets including foreign exchange, indices, shares, commodities, and cryptocurrencies, through the F-Trader platform. FNory offers a single account type, namely the STANDARD account, with high leverage up to 1:500, a minimum deposit of $100, and no commission fees.
Pros | Cons |
|
|
|
|
|
|
FNory is not regulated by any regulatory authority.
FNory allows clients to trade and invest in 8,000+ markets, including Forex, Commodities, Shares, Indices, and EFTs.
Tradable Instruments | Supported |
Forex | ✔ |
Commodities | ✔ |
Shares | ✔ |
Indices | ✔ |
EFTs | ✔ |
Stocks | ❌ |
Metals | ❌ |
FNory offers a single account type called “STANDARD,” with a minimum deposit requirement of $100, a maximum leverage of 1:500, and $0 commissions. Risk management is facilitated with a margin call level of 100% and a stop-out level of 50%.
The STANDARD account is zero-commission, with a maximum leverage of 1:500.
Trading Platform | Supported | Available Devices | Suitable for |
F-Trader | ✔ | PC and Mobile | Investors of all experience levels |
FNory charges a minimum deposit of $100 with $0 fees.
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.
Lirunex joins the Financial Commission, offering traders €20,000 protection per claim. A multi-asset broker regulated by CySEC, LFSA, and MED.