Graphene Fx-Overview of Minimum Deposit, Leverage, Spreads

Note: Graphene Fx's official website - https://graphenefx.com/ is currently inaccessible normally.

Graphene Fx was registered in 2015 in the UK. On its platform, customers can trade currency pairs, stocks, indices, commodities, and crypto currencies. The minimum deposit is $100, and the leverage can be up to 1:500. However, this company holds a suspicious clone ASIC license and an unauthorized NFA license. Please be aware of the potential risks.

Pros and Cons

Is Graphene Fx Legit?

No, it currently only holds an unauthorized NFA license and a suspicious clone ASIC license. Besides, its domain status shows that client transferring is prohibited. Therefore, please note the potential risks.

Regulated Country	Regulator	Current Status	Regulated Entity	License Type	License No.
	National Futures Association (NFA)	Unauthorized	GRAPHENE LIMITED	Common Financial Service License	0541742
	Australia Securities & Investment Commission (ASIC)	Suspicious Clone	MCPO PTY LIMITED	Common Business Registration	654609024

What Can I Trade on Graphene Fx?

Graphene Fx provides several types of products, including currency pairs, stocks, indices, commodities and crypto currencies.

Account Type

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.

Spread and Commission

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.

Trading Platform

Deposit and Withdrawal

From the logos shown at the foot of the home page on Graphene Fxs 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, etc.