GeneTrade

WikiFX | 2025-01-10 22:40

Ikhtisar：GENETRADE is a FSC licensed brokerage company specializing in online investment and trading services. The tradable instruments include forex, indices, and precious metals. The broker also provides two accounts with a maximum leverage of 1:1000. The minimum spread is as low as 1 pip and the minimum deposit is $5.

GENETRADEReview Summary
Founded	2016-10-02
Registered Country/Region	Belize
Regulation	Offshore regulated
Market Instruments	Forex/Indices/Precious metals
Demo Account	❌
Leverage	Up to 1:1000
Spread	As low as 1 pip
Trading Platform	MT4(Windows/MAC/Web/iPhone/Android)
Min Deposit	$5
Customer Support	Tel: +501 2231235
	Email: support@genetrade.com
	Email: affiliates@genetrade.com
	Email: backoffice@genetrade.com
	Email: sales@genetrade.com
	Facebook/Twitter/YouTube
	Live chat

GENETRADE Information

GENETRADE is a FSC licensed brokerage company specializing in online investment and trading services. The tradable instruments include forex, indices, and precious metals. The broker also provides two accounts with a maximum leverage of 1:1000. The minimum spread is as low as 1 pip and the minimum deposit is $5.

Pros and Cons

Pros	Cons
MT4 available	Offshore regulated
24/5 customer support	High max leverage
Various tradable instruments
Spread from 1 pip
Islamic account available

Is GENETRADE Legit?

GENETRADE isregulated by FSC with the current status as 'offshore regulated', making it less safe than the regulated one.

What Can I Trade on GENETRADE?

GENETRADE offers over 100 financial instruments that have access to over 56 currency pairs, indices, and precious metals.

Tradable Instruments	Supported
Forex	✔
Indices	✔
Precious Metals	✔
Commodities	❌
Stocks	❌
Cryptocurrencies	❌
Shares	❌
ETFs	❌
Bonds	❌
Mutual Funds	❌

Account Type

GENETRADE has two account types: micro and standard. Everyone can also earn money by copying the success of top traders. Muslims are allowed to open Islamic accounts without swaps.

Account Type	Micro	Standard
Maximum Leverage	1:1000	1:1000
Spread	As low as 1 pip	As low as 1 pip
Commission	No	No
Islamic	✔	✔
Minimum Deposit	$5	$5

GENETRADE Fees

The spread is as low as 1 pip, and the commission is 0. The lower the spread, the faster the liquidity.

Leverage

The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.

Trading Platform

GENETRADE cooperates with the authoritative MT4 trading platform available in Windows, MAC, Web, iPhone, and Android to trade. Junior traders prefer MT4 over MT5. MT4 provides various trading strategies and implements EA systems.

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	Windows/MAC/Web/iPhone/Android	Junior traders

Deposit and Withdrawal

The first deposit amount must be $5 or above. GENETRADE accepts Skrill, Neteller, Bitwallet, PayTrust, MasterCard, and Visa for deposit and withdrawal. Withdrawals are processed within 1 hour between Monday to Friday. However, associated fees are unknown.