Contra FX

Contra FX | 2024-10-22 15:08

abstrak：Registered in 2011, Contra FX is an unregulated financial company based in Belgium. It claims to offer trading on currencies, indices, shares, ETFs, CFDs and commodities.

Note: Contra FX's official website: https://contrafx.com is currently inaccessible normally.

Contra FX Review Summary
Founded	2011
Registered Country/Region	Belgium
Regulation	No Regulation
Market Instruments	Currencies, indices, shares, ETFs, CFDs and commodities
Demo Account	✔
Leverage	Up to 1:500
Spread	From 0.8 pips
Trading Platform	MetaTrader 4, MT4 Mobile and Contra FX Pro trading platform
Minimum Deposit	$5000
Customer Support	24/7 live chat
	Phone: +32 78480563
	Email: contactsonline@contrafx.com
	Address: 126 Bulevar Anspach Brussels, Belgium

Registered in 2011, Contra FX is an unregulated financial company based in Belgium. It claims to offer trading on currencies, indices, shares, ETFs, CFDs and commodities.

Pros and Cons

Pros	Cons
/	Non-functional Website
	Lack of Transparency
	No Regulation

Is Contra FX Legit?

At present, Contra FX lacks valid regulation. Its domain was registered on July 18, 2011, and the current status is “clientDeleteProhibited, clientRenewProhibited, clientTransferProhibited, clientUpdateProhibited”. Please pay high attention to the safety of your funds if you choose this broker.

What Can I Trade on Contra FX?

On Contra FX, you can trade with currencies, indices, shares, ETFs, CFDs and commodities.

Tradable Instruments	Supported
Forex	❌
CFDs	✔
Commodities	✔
Indices	✔
Cryptocurrencies	❌
Shares	✔
ETFs	✔
Bonds	❌
Mutual Funds	❌

Account Type/Leverage/Spread & Commission

Contra FX provides Individual/Joint, Corporate, and Trust Accounts.

Account Type	Individual/Joint Account	Corporate Account	Trust Account
Min Deposit	$5,000	$10,000	$100,000
Max Leverage	1:500	1:500	1:500
Spread	0.8 pips	0.8 pips	0.8 pips
Commission	❌	❌	❌
Demo Account	✔	✔	✔