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Score
China
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
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Score
Regulatory Index0.00
Business Index7.39
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
FX FOORINReview Summary | |
Founded | 5-10 years |
Registered Country/Region | China |
Regulation | Unregulated |
Market Instruments | Forex, Precious Metals, Crude Oil, Index |
Demo Account | ✅ |
Leverage | Up to 1:500 |
Spread | From 0.2 pips |
Trading Platform | MT4 |
Min Deposit | 0 |
Customer Support | Not mentioned |
FX FOORIN is a broker that provides a variety of trading instruments, including forex, precious metals, crude oil, and index. In addition, FX FOORIN provides demo accounts, Islamic accounts, and 3 real accounts: standard, pro, and VIP. Regarding fees, FX FOORIN requires a minimum spread of 0.2 pips and is commission-free. In addition, the leverage is as high as 1:500.
Pros | Cons |
Multiple trading assets: forex, precious metals, crude oil, index | Unregulated |
3 account types: standard, pro, and VIP | No customer support information |
Minimum deposit 0 | Spreads start from 0.2 pips |
Leverage up to 1:500 | No domain name registered |
MT4 available | |
Commission free | |
Demo and Islamic accounts available |
FX FOORIN is not regulated, which will increase transaction risks and reduce transaction security.
FX FOORIN provides trading instruments including forex, precious metals, crude oil, and index. These instruments involve different trading formats such as futures, options, swaps, and funds.
Tradable Instruments | Supported |
Forex | ✔ |
Precious Metals | ✔ |
Crude Oil | ✔ |
Index | ✔ |
FX FOORIN has launched 3 real account types, setting different thresholds depending on different spreads and deposits. These real accounts are standard, pro, and VIP. Note: The deposits for pro and VIP accounts are $10,000 and $100,000 respectively. The amounts are relatively high.
Account Type | Standard | Pro | VIP |
Maximum leverage | 1:500 | 1:500 | 1:500 |
Minimum spread(pips) | 1.0 | 0.5 | 0.2 |
Minimum deposit($) | 0 | 10000 | 100000 |
Commission free | Yes | Yes | Yes |
The spreads of FX FOORIN's three accounts, standard, pro, and VIP, are 1pips, 0.5pips and 0.2pips respectively. In addition, traders will have the benefit of commission-free.
The leverage is as high as 1:500, which means that traders profits and losses will be expanded 500 times.
FX FOORIN cooperates with MT4, the authoritative trading platform recognized by traders. MT4 is more suitable for beginner traders than MT5, but MT4 also has powerful data chart processing functions, which will facilitate trading.
Trading Platform | Supported |
MT4 | ✔ |
The minimum deposit is 0. FX FOORIN allows traders to deposit and withdraw money for free. Additionally, FX FOORIN offers popular payment methods such as bank transfers, credit, and debit cards.
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