Abstract:FX Arena is a broker that attempts to combine online gaming with Forex trading, in which forex traders who join the Arena could compete in any demo trading contest among the many it holds, with real withdrawable prizes. To enter any of the contests available from within the FX Arena, traders must open an account with the broker and purchase a ticket for the tournament. FX Arena allows traders to participate in numerous contests simultaneously. Traders may even choose to enter one-on-one dual trading competitions.
General Information
FX Arena is a broker that attempts to combine online gaming with Forex trading, in which forex traders who join the Arena could compete in any demo trading contest among the many it holds, with real withdrawable prizes. To enter any of the contests available from within the FX Arena, traders must open an account with the broker and purchase a ticket for the tournament. FX Arena allows traders to participate in numerous contests simultaneously. Traders may even choose to enter one-on-one dual trading competitions.
Market Instruments
FX Arena mainly provides clients with foreign exchange (forex) trading.
Accounts & Leverage
FX Arena provides investors with the Standard Account. The maximum leverage is up to 1:30.
Spreads & Commissions
The spreads start from 0.8 pips. The EUR/USD spread gravitates in the 0.9-1.0 pip range. Due to the trading tournament format of the brokers operations, trading fees such as commissions will not apply in this case.
Trading Platform
FX Arena provides clients with access to the worlds financial markets through the MetaTrader 5 (MT5) platform which is used by millions of traders around the globe.
Deposit & Withdrawal
The payment options at FX Arena include Credit/Debit Card, Neteller and Skrill.
Customer Support
If clients have any questions or concerns, please email at info@fxarena.co or support@fxarena.co for consultation.
Ultima Markets has played a significant role in the forex trading industry for decades. WikiFX created a comprehensive review to help you better understand this broker. We will analyze its reliability based on specific information, regulations, etc. Let’s get into it.
FXTRADING.com is an online brokerage firm that offers trading services for various financial instruments such as forex, cryptocurrencies, shares, commodities, spot metals, energies, and indices. WikiFX has comprehensively reviewed this broker by analyzing its regulations, specific information, etc. so that you have a deep understanding of this broker.
A 54-year-old foreign woman lost her life savings of RM175,000 to an online investment scam that promised high returns within a short timeframe. The scam was orchestrated through a Facebook page named "Spark Liang."
In recent months, PrimeX Capital, a Forex and CFD broker established in 2022, has become a subject of concern in the trading community. However, despite these enticing features, the broker's reputation has been severely tarnished by multiple complaints and a troubling lack of regulatory oversight.