Forexiw

Forexiw | 2024-10-24 14:32

Extracto：Forexiw is an unregulated online CFD broker, launched in February 2024, that provides users with the easy-to-use MT5 trading platform for trading such financial instruments as forex, commodities, and stocks with high leverage and no commission accounts.

Forexiw Information

Forexiw is a regulated online CFD broker, launched in February 2024, that provides users with the easy-to-use MT5 trading platform for trading such financial instruments as forex, commodities, and stocks with high leverage and no commission accounts.

Pros and Cons

Pros	Cons
Easy-to-use MT5 platform	Limited information on deposit and withdrawal fees
Offers four account types and a demo account
High leverage up to 2000
Offers flexible spreads from 0 pip

Is Forexiw Legit?

Forexiw is regulated by AOFA with the license number of L15653 / FM. It current status is offshore regulated.

What Can I Trade on Forexiw?

With Forexiw, you can trade many financial products, such as individual company stocks, stock market indices, and futures contracts, providing you with multiple ways to invest.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Stock	✔
Indices	✔
Cryptocurrency	❌
Metals	✔

Account Type

Forexiw offers a variety of account types to cater to different trading styles and experience levels. Beginners can start with a free demo account to practice trading without risking real money. Cent accounts, with their low minimum deposit, are ideal for those just starting.

For more experienced traders, Standard, ECN, and Pro ECN accounts offer tighter spreads and more leverage choices. The table below provides a detailed comparison of these account types:

Account Type	Leverage	Stop out	Commission	Spread
Cent	up to 2000	50%	Yes	from 1 pips
Standard	up to 500	50%	Zero	from 1 pips
ECN	up to 500	40%	Yes	from 0 pips
Pro ECN	up to 300	30%	Low	from 0 pips

Forexiw Fees

Forexiw's four account types have distinct characteristics. Cent accounts offer higher leverage but wider spreads and commissions, while Standard accounts provide zero commission but lower leverage. ECN and Pro ECN accounts feature tighter spreads and lower stop-out levels, making them suitable for more experienced traders, albeit with potentially higher commissions.

Account Type	Leverage	Stop out	Commission	Spread
Cent	up to 2000	50%	Yes	from 1 pips
Standard	up to 500	50%	Zero	from 1 pips
ECN	up to 500	40%	Yes	from 0 pips
Pro ECN	up to 300	30%	Low	from 0 pips

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MetaTrader 5	✔	PC and Mobile	Investors of all experience levels

Customer Service

You can reach out to Forexiw 24/7 by email at Info@Forexiw.com and by phone at +1 (213) 459-0003.

Contact Options	Details
Phone	+1 (213) 459-0003
Email	Info@Forexiw.com
Support Ticket System	✔
Online Chat	✔
Social Media	Facebook, Instagram, Twitter, YouTube, etc
Supported Language	English
Website Language	English
Physical Address	No: 1652, Tamani Arts OfficeBusiness Bay, Dubai, UAE

The Bottom Line

Forexiw is a regulated CFD broker that provides its clients with the easy-to-use MT5 trading terminal for interacting with many financial instruments with high leverage and no commissions.

FAQs

What services does Forexiw offer?

Forexiw offers many trading instruments, including forex, commodities, stocks, and indices. They provide a user-friendly MT5 platform with four account types and a demo account.

Is Forexiw safe for beginners?

Yes，it is regulated by AOFA.