TradeFxP-Some Important Details about This Broker

General Information

Registered in the United Kingdom, TradeFxP presents itself as a forex and CFD provider, offering multiple trading instruments to its clients, including Forex, Indices, Stocks, Metals, Energies, Cryptocurrencies through the advanced MT5 trading platform. With the TradeFxP platform, four account can be available, including STP Live account, Islamic account, PPMS Account and DMA account, with the minimum deposit to start trading from $100.

TradeFxP is not subject to any valid regulation. trading with an unregulated broker is taking a huge risk of losing your money. please be aware of the risk.

Market Instruments

With the TradeFxP platform, investors can get access to various trading instruments. Different types of trading assets such as Forex, Indices, Stocks, Metals, Energy, Cryptocurrencies are all available.

Account Types

There are four types of trading accounts designed for retail traders, including Live STP account, Islamic account, PPMS account, DMA ECN account. To open a standard account, only $100 is required if you could endure the risk of trading with an unregulated broker.

Traders who want to try the ECN account need to fund at least $2,000, for this types of account can offer more competitive spreads.

How to open an account with TradeFxP？

Opening an account with TradeFxP is an easy and simple process:

1. Click the “Open Live Account” link, and fill up some required details on the popping-up page.

2. Upload your personal data for this company to verify your details.

3. Choose the preferable payment methods, fund your account and start to trade with this forex broker.

Leverage

When it comes to leverage, TradeFxP allows its clients to use leverage of up to 1:100, higher than the levels regarded appropriate by many regulators, with the maximum leverage for major forex up to 1:30 in Europe and Australia, and 1:50 in Canada and U.S.

Since leverage can magnify gains as well as losses, it can also cause serious fund losses, especially to inexperienced traders. Therefore, it is wise for beginners to choose the smaller size no more than 1:10 until they gain more trading experience.

Spreads & Commissions

Spreads and commissions are tightly associated with account types. The Live account offers spreads from 0.9 pips, and the PPMS account offers spreads from 2.9 pips.

Trading Platform

TradeFxP provides access to the industry-leading MT4 trading platform, which can be accessed on any device, Windows, Desktop, IOS, and Android. The MT5 trading platform allows one-click operations for opening and closing trades, setting stops and entry limits, placing direct orders, setting and editing limit and stop loss, as well as charting.

Payment Methods

The minimum deposit to investment with TradeFxP is $100, and this broker allows its clients to make a deposit and withdrawal through multiple payment methods, including VISA, MasterCard, American Express, PayPal, DISCOVER, Bitcoin, Western Union, Union Pay, and more.

Customer Support

Clients have any inquiries or trading-related issues can also get in touch with Culture Capital through the following channels:

Email: support@tradefxp.com

Or you can also follow this broker on Twitter, Facebook, and Linkedin.

Company Address: 20-22 Wenlock Road, London, N1 7GU, England

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

The information presented in this article is intended solely for reference purposes.