Thunder Forex-Overview of Minimum Deposit, Leverage, Spreads

General Information

Thunder Forex is allegedly authorized as a Securities Dealer by the Financial Services Authority of Seychelles, based and registered in Seychelles, claiming to provide its clients with the worlds most widely-used MetaTrader4 platform, flexible leverage up to 1:400, floating spreads over 250 financial instruments and 24/5 customer support service.

Market Instruments

Thunder Forex advertises that it offers more than 250 trading instruments in financial markets, including forex, indices, shares, commodities and treasuries, as well as futures.

Account Types

Apart from demo accounts, Thunder Forex seems to offer some types of accounts, yet we have no way to find more detailed information due to its broken links. In addition, the broker also offers Islamic accounts, which is also called the swap-free account, specifically for traders who abide by Sharia law.

Leverage

Thunder Forex provides its clients with flexible leverage ratios ranging from 1:1 to 1:400. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads & Commissions

Thunder Forex claims to offer tight spreads from 0 pips and low commissions. In particular, the spread for EUR/USD pair is floating around 0.6 pips, but the average spread is 0.43 pips. More specific live spreads can be seen in the following screenshot.

Trading Platform Available

When it comes to trading platforms available,Thunder Forex gives traders the worlds most trusted and popular MetaTrader4 platform, available on Windows systems, iOS and Android devices. MT4 is known as one of the most successful, efficient, and competent forex trading software, offering an intuitive and user-friendly interface, advanced charting and analysis tools, as well as copy and auto-trade options. While with the MT4 mobile app, trading can be done from anywhere and at any time through the right mobile terminals like iOS and Android.

Deposit & Withdrawal

From the logos shown at the bottom of the home page on Thunder Forexs official website, we found that this broker seems to accept deposits and withdrawals via Visa Secure, Visa, MasterCard, Wire Transfer, as well as popular payment methods like Skrill and Neteller, yet we have no way to confirm if these payment methods are all available.

Customer Support

Thunder Forexs customer support can be reached through telephone: +442032393135, email: info@thunderforex.com, support@thunderforex.com. Company address: CT House, Office 8E, Providence, Mahe, Seychelles.