DATA FX Spreads, leverage, minimum deposit Revealed-WikiFX

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WikiFX | 2024-10-30 16:43

Abstract：Data FX Inc. is an unregulated broker. As established in 2019, it offers a wider choice of trading instruments- from forex, stocks, commodities, energies, and indices available through either real or demo accounts. However, there are no details about leverage, spreads, and commissions.

DATA FX Review Summary
Founded	2019
Registered Country/Region	Saint Vincent and the Grenadines
Regulation	Not Regulated
Market Instruments	Forex, Stocks, Commodities, etc.
Demo Account	Yes
Trading Platform	MetaTrader 5

DATA FX Information

　　Data FX Inc. is an unregulated broker. As established in 2019, it offers a wider choice of trading instruments- from forex, stocks, commodities, energies, and indices available through either real or demo accounts. However, there are no details about leverage, spreads, and commissions.

Pros and Cons

Pros	Cons
Support MetaTrader 5	Lack of regulation
Offers demo accounts	Limited information on trading fees
Offers multiple assets to trade

Is DATA FX Legit?

　　DATA FX is not regulated by any regulatory authority.

What Can I Trade on DATA FX?

　　Data FX offers many market instruments, like major currency pairs (Forex), individual stocks, commodities such as oil and gold, precious metals, energy products, and various global indices.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Stock	✔
Energy	✔
Metals	❌

Account Type

　　Data FX has two types of accounts-a real account and a demo account. Real accounts allow clients to engage directly and interactively with the trading market for a variety of assets, including Forex, stocks, commodities, and so on. A demo account will suit new traders and those wishing to test out trading ideas without taking actual risks with their own money.