Travelex

Travelex | 2024-06-07 16:14

Extrait：Travelex is a relatively new broker in the industry, offering forex, commodities, stocks and indices to trade on the FX6. It also offers demo accounts. However, it is unregulated.

Note: Travelex's official website - https://www.travelexltd.cc/ is currently inaccessible normally.

Travelex Review Summary
Founded	2023
Registered Country/Region	China
Regulation	Not regulated
Market Instruments	Forex, Commodities, Stocks, Indices
Demo Account	✅
Leverage	Up to 1:1000
Spread	/
Trading Platform	FX6
Min Deposit	/
Customer Support	Email: service@travelexltd.com

Travelex is a relatively new broker in the industry, offering forex, commodities, stocks and indices to trade on the FX6. It also offers demo accounts. However, it is unregulated.

Pros and Cons

Pros	Cons
Various trading assets	Relatively new
Demo accounts offered	Not regulated
	Lack of transparency
	No MT4/5
	Only email support

Is Travelex Legit?

No, Travelex is not regulated by any financial authorities. It doesn't need to obey the rules of any regulations. Traders should be cautious when trading.

What Can I Trade on Travelex?

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Stocks	✔
Indices	✔
Cryptos	❌
Bonds	❌
Options	❌
ETFs	❌

Leverage

Travelex's leverage varies by different assets. For Forex trading, the platform offers a high leverage ratio of 1:1000, while for Commodities trading, the leverage is set at 1:500. In contrast, stocks and indices trading have a lower leverage ratio of 1:100. The higher the leverage, the more profits and losses.

Asset Class	Max Leverage
Forex	1:1000
Commodities	1:500
Stocks	1:100
Indices	1:100

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
FX6	✔	PCs, iOS and Android	/
MT4	❌	/	Beginners
MT5	❌	/	Experienced traders