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DECODE Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-07 11:39

Abstract:Based in Australia, Decode Global is a regulated online forex broker. The company offers a wide range of financial instruments, including 35 forex pairs, indices, and commodities, and provides two types of trading accounts: STD and PRO with leverage up to 1:500 and spread from 1.5 pips on the STD account via the industry-leading MT4 and MT5 trading platforms.

Decode Global Review Summary
Founded2017
Registered Country/RegionAustralia
RegulationASIC, VFSC (Offshore)
Market Instruments100+, Forex, Commodities, Indices
Demo Account/
LeverageUp to 1:500
SpreadFrom 1.5 pips (STD account)
Trading PlatformMT4, MT5
Min Deposit$100
Customer SupportLive Chat, contact form
Phone: +678 23043
Email: support-cn@decodefx.com
Social Media: Facebook, YouTube, LinkedIn
Address: 2nd Floor, Corner of Picardie Street and Rue Edmond Coladeau, Nambatu, Port Vila, Efate, Republic of Vanuatu
Regional RestrictionsThe United States of America, Australia, Canada, New Zealand, and North Korea (Democratic People's Republic of Korea)

  Based in Australia, Decode Global is a regulated online forex broker. The company offers a wide range of financial instruments, including 35 forex pairs, indices, and commodities, and provides two types of trading accounts: STD and PRO with leverage up to 1:500 and spread from 1.5 pips on the STD account via the industry-leading MT4 and MT5 trading platforms.

Decode Global's homepage

Pros & Cons

ProsCons
Regulated by ASIC and VFSCLimited Account Funding Options
Multiple Market InstrumentsNo 24/7 Customer Support
Low SpreadsNo Social Trading Features
High LeverageRegional Restrictions
Free Deposit and Withdrawal

Is Decode Global Legit?

  Decode Global is regulated by the Australian Securities (ASIC) and the Vanuatu Financial Services Commission (VFSC).

Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense NumberCurrent Status
Australia
Australia Securities & Investment Commission (ASIC)DECODE CAPITAL PTY LTDMarket Making (MM)246796Regulated
Vanuatu
Vanuatu Financial Services Commission (VFSC)DECODE GLOBAL LIMITEDCommon Financial Service License320497Offshore Regulated
Regulated by ASIC
Offshore regulated by VFSC

What Can I Trade on Decode Global?

  Decode Global offers its clients access to over 100 instruments, which includes a selection of 35 forex pairs, indices, and commodities.

Trading AssetAvailable
forex✔
commodities✔
indices✔
stocks ❌
cryptocurrencies❌
options❌
bonds❌
ETFs❌

Account Type/Leverage/Spread & Commission

Account TypeMin DepositMax LeverageSpreadCommission
STD$1001:500From 1.5 pips❌
PRO $100From 0 pips7 USD per trade
Account comparison

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT5✔Windows, iOS, Android, HuaweiExperienced traders
MT4✔Windows, iOS, Android, HuaweiBeginners
MT4/5

Deposit & Withdrawal

  Decode Global offers convenient and efficient deposit and withdrawal options with same-day processing and zero fees. Clients can choose from USDT, wire transfer, and Unionpay as payment options.

Payment options

Customer Service

Contact Options Details
Phone +678 23043
Email support-cn@decodefx.com
Contact Form ✔
Online Chat ✔
Social Media Facebook, YouTube, LinkedIn
Website Language English, Chinese, Thai, Vietnamese
Physical Address 2nd Floor, Corner of Picardie Street and Rue Edmond Coladeau, Nambatu, Port Vila, Efate, Republic of Vanuatu
Contact info

FAQs

  Is Decode Global a regulated forex broker?

  Yes. Decode Global operates under the Australian Securities (ASIC) and the Vanuatu Financial Services Commission (VFSC).

  What is the minimum deposit required to open an account with Decode Global?

  The minimum deposit required for both STD and PRO accounts is $100.

  What trading platforms does Decode Global offer?

  Decode Global offers the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms.

Related broker

Regulated
DECODE
Company name:Decode Global Limited
Score
7.62
Website:https://decodefx.com/en/
5-10 years | Regulated in Australia | Regulated in Vanuatu | Market Making License (MM)
Score
7.62

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