ForrestFX

ForrestFX Information

ForrestFX is a broker. The tradable instruments with a maximum leverage of 1:400, include currencies, stocks, indices, commodities, and crypto. Because the ForrestFX official website is out of order and inoperable, traders cannot obtain more comprehensive fee and account information, and security is relatively low. In addition, ForrestFX is risky due to its unregulated status and high leverage.

Pros and Cons

Is ForrestFX Legit?

ForrestFX is not regulated, which makes it less safe than regulated brokers.

What Can I Trade on ForrestFX?

Traders can choose different investment directions because the broker provides currencies, stocks, indices, commodities, and crypto trading. Commodities are composed of crude oil, natural, and precious metals.

Leverage

The maximum leverage is 1:400 meaning that profits and losses are magnified 400 times.

Trading Platform

ForrestFX provides a proprietary web trading platform instead of the authoritative MT4/MT5.

Deposit and Withdrawal

ForrestFX provides multiple deposit and withdrawal methods, including VISA, MasterCard, bank transfer, etc. However, transfer processing times and associated fees are unknown.