FXCT Investments-Overview of Minimum Deposit, Leverage, Spreads

General Information

FXCT Investments is a newly-established forex and CFD brokerage registered in the Saint Vincent and the Grenadines. This brokerage firm claims that it offers more than 120 huge selection of instruments, 24/7 round the clock support, spreads from 0.0 pips.

Market Instruments

With FXCT Investments, investors or traders can get access to a diversified range of trading instruments, including foreign exchange, cryptocurrencies, shares, indices, commodities and spot metals.

Minimum Deposit

A total of five trading accounts are designed to satisfy different investors‘ trading needs: Bronze, Silver, Gold, Premium, and Platinum. Concerning the minimum initial deposit, FXCT Investments’ requirement is absurdly high. For example, the Bronze account ask traders to fund at least €10，000 to activate this account successfully. This is too much. Most legal or regulated brokers only requires a moderate sum of $100 or the equivalent amount, and some big player like Pepperstone, FXTM, only requires as low as $1.

Leverage

No trading leverage information is mentioned on the FXCT Investments official website.

Spreads & Commissions

As per the FXCT Investments official website, it claims that spreads offered from 0.0 pips but does not specify spreads on particular instruments.

Trading Platforms

FXCT Investment does not disclose what trading platforms it offers.

Deposit & Withdrawal

As for the deposit and withdrawal, FXCT Investment allows its traders to fund into and out of their trading accounts through Credit/Debit Card (VISA, MasterCard, Maestro), Bank Transfer, PayPal, Discover. The minimum deposit is $250 for Credit/Debit Cards, currencies available in EUR, USD, GBP, a fee of 5% on withdrawal. While transactions through bank transfer charges no fee, with processing time of 1-3 business days.

Contact Info

FXCT Invest customer support can be reached through +442037698283, Service Time: Monday-Friday 24 hours. Company Address: First Floor, First St. Vincent Bank Ltd Building James Street, Kingstown St. Vincent & The Grenadines.