StreamsFX Spreads, leverage, minimum deposit Revealed

StreamsFX Information

　　StreamsFX, registered in Cyprus, offers traders services for trading commodities, forex, indices, and precious metals. Clients can contact it through phone number (+357 25055782) and Email ( support@streamsfx.com).

Pros and Cons

Is StreamsFX Legit?

　　StreamsFX is represented to be regulated by the Cyprus Securities and Exchange Commission with License Number 376/19. However, its license is a suspicious clone.

Regulated Country	Regulated Authority	Regulated Entity	License Type	License Number
	Cyprus Securities and Exchange Commission	Streams Financial Services Ltd	Straight Through Processing(STP)	376/19

What Can I Trade on StreamsFX?

　　The tradable financial instruments available to customers at the StreamsFX platform include commodities, forex, indices and precious metals. Using Forex instruments, traders can choose from 25 available assets.

Account Types

　　Three account types are available provided by StreamsFX for clients to choose from: Classic (minimun deposits from $500), Pro (minimun deposits from $500) and ECN (minimun deposits from $20,000).

　　Besides, demo accounts are offered.

Leverage

　　StreamsFX offers leverage levels up to 1:200.

StreamsFX Fees

　　The Classic account has a spread of 1.6 points and does not require a commission. The spread for Pro and ECN accounts starts at 0 points, but commissions of $4 and $3.50 are charged for each party.

Trading Platform

　　MetaTrader4 (MT4) is the one chosen by StreamsFX to serve clients.

Deposit and Withdrawal

　　Payment methods supported by StreamsFX include Visa, Mastercard and Maestro credit/debit cards, some popular e-wallets such as Skrill and Neteller, and bank transfers.