Graphene Fx-Overview of Minimum Deposit, Leverage, Spreads

General Information & Regulation

Graphene Fx, a trading name of GrapheneFx Limited, is headquartered in Ottawa, Canada and has offices in the UK and Australia, registered and regulated by the National Futures Association (NFA) and the Australian Securities and Investments Commission (ASIC). The broker claims to provide its clients with numerous tradable instruments with leverage up to 500:1 and low spreads from 0.4 pips on the Industry-standard MetaTrader4 trading platform, as well as a choice of four different account types and 24/5 customer support service.

Market Instruments

Graphene Fx advertises that it offers a wide range of trading instruments across global financial markets, including forex currency pairs, cryptocurrencies, CFDs, equity indices, currencies, energies and precious metals.

Account Types

There are four live trading accounts offered by Graphene Fx, namely Standard, Prime, G-Plus and ECN. Opening a Standard account requires the minimum initial deposit amount of $100, while the other three account types have much higher minimum initial capital requirements of $1,500, $3,000 and $10,000 respectively. Islamic accounts are also available at Graphene Fx.

Leverage

The maximum leverage ratio provided by Graphene Fx is much higher than most brokers, up to 500:1. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads

Graphene Fx states that the spread for the EUR/USD pair starts from 0.4 pips. As for commissions, different account types will be charged different commissions. In particular, the commission for the Standard, Prime, G-Plus and ECN accounts is from $6, $4, $2 and $0 per lot respectively.

Trading Platform Available

When it comes to available trading platforms, Graphene Fx gives traders the world‘s best MetaTrader4 platform, available on desktop, mobile and tablet devices, as well as the Graphene Fx WebTrader. MT4 is considered the world’s number one platform, preferred by over 80% of users. It offers an intuitive and user-friendly interface, advanced charting and analysis tools, as well as copy and auto-trade options. While with MT4 Mobile, trading can be done anywhere and anytime through the right mobile terminals.

Tools

Also, Graphene Fx provides its clients with an Economic Calendar, whose interfaces seem to be quite clear and easy to use, just as the following screenshots show.

Deposit & Withdrawal

From the logos shown at the foot of the home page on Graphene Fx‘s official website, we found that this broker seems to accept numerous means of deposit and withdrawal choices, consisting of Visa, MasterCard, Skrill, Neteller, PayPal and WebMoney, Perfect Money, WesternUnion Wu and crypto wallets of Bitcoin, Litecoin, Ethereum, Tether and etc. The minimum deposit requirement is $100. As for the processing time of deposit and withdrawal requests, the broker didn’t directly reveal any specific information, instead, on the home page, we found it says to offer instant transfers.

Market Opening Hours

Trading hours at Graphene Fx are 24/5, starting at 00:00 on Monday and closing at 23:59 on Friday server time (EET/EST).

Customer Support

Graphene Fxs customer support can be reached by WhatsApp, telephone: +44 07883 685999, +44 7310 095845, email: support@graphenefx.com, info@graphenefx.com. Besides, you can also follow this broker on some social media platforms like Twitter, Facebook, Instagram and YouTube. Headquarters: 2 Norman Road, Thornton Heath, Surrey, CR7 7ED, United Kingdom. 189/1513 Dandenong, Road Oakleigh, VIC 3166 Australia