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SETFX-Overview of Minimum Deposit, Spreads & Leverage

SETFX | 2025-01-02 15:00

Ikhtisar：SETFX is registered in the United Arab Emirates and is not regulated. It offers four types of accounts, with a maximum leverage of 1:500 and spread from 2 pips. The minimum deposit is $100.

Note: SETFX's official website - https://setfx.ae/ is currently inaccessible normally.

SETFX Review Summary
Founded	/
Registered Country/Region	United Arab Emirates
Regulation	Unregulated
Market Instruments	/
Demo Account	/
Leverage	Up to 1:500
EUR/USD Spread	From 2 pips
Trading Platform	/
Min Deposit	$100
Customer Support	Email: support@setfx.ae

SETFX is registered in the United Arab Emirates and is not regulated. It offers four types of accounts, with a maximum leverage of 1:500 and spread from 2 pips. The minimum deposit is $100.

Pros and Cons

Pros	Cons
Multiple account types	Unavailable website
Flexible leverage ratios	Unregulated status
	High spreads
	Unclear fee structure
	Limited contact channels

Is SETFX Legit?

No, SETFX is not regulated. Traders should carefully consider the risks it brings when choosing to trade with it.

Account Type

Account Type	Min Deposit
Micro	$100
Standard	$500
Mini	$1,000
Professional	$10,000

Leverage

SETFX offers leverage up to 1:500, which can potentially bring high returns, but it also comes with high risks.

Account Type	Max Leverage
Micro	100:1
Standard	100:1
Mini	500:1
Professional	100:1

Spread

SETFX offers EUR/USD spread from 2 pips, which is higher than the industry average of 1.5 pips.

Leverage Broker Currency Pair Dealer Forex trading Forex Broker leverage in forex forex pips

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SETFX

Company name：SOUTHEAST TRADING LIMITED

Skor

1.51

Website：http://setfx.ae/

5-10 tahun | Lisensi Peraturan Dicurigai | Lingkup Bisnis Mencurigakan | Potensi risiko tinggi

Skor

1.51

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