摘要:Phoenix FX is a broker that offers access to tradable instruments, including forex, indices, stocks, cryptocurrency, and metals. The broker also provides three accounts with a maximum leverage of 1:500. The minimum spread is as low as 0.0 pips and the minimum deposit is $10. MAM – COPY Trading enables copying successful strategies and multi-account management. Phoenix FX is still risky due to its offshore regulated status, and bad reviews about difficulty withdrawing money.
Phoenix FXReview Summary | |
Founded | 2023-09-22 |
Registered Country/Region | Saint Lucia |
Regulation | Offshore Regulated |
Market Instruments | Forex/Indices/Stocks/Cryptocurrency/Metals |
Demo Account | ❌ |
Leverage | Up to 1:500 |
Spread | As low as 0.0 pips |
Trading Platform | Phoenix FX(Mobile(iOS/Android)) |
Min Deposit | $10 |
Customer Support | Phone: +971 44 5056 31 |
Phone: +971 52 8444 000 | |
Email: support@phoenixfxltd.com | |
Telegram/WhatsApp |
Phoenix FX is a broker that offers access to tradable instruments, including forex, indices, stocks, cryptocurrency, and metals. The broker also provides three accounts with a maximum leverage of 1:500. The minimum spread is as low as 0.0 pips and the minimum deposit is $10. MAM – COPY Trading enables copying successful strategies and multi-account management. Phoenix FX is still risky due to its offshore regulated status, and bad reviews about difficulty withdrawing money.
Pros | Cons |
Leverage up to 1:500 | Offshore Regulated |
24/7 customer support | MT4/MT5 unavailable |
Various tradable instruments | Unclear swap fee |
Spread as low as 0.0 pips | Unspecific transfer time and fee information |
Commission free | Negative comments about difficulty in withdrawal |
AOFA offshoreregulated Phoenix FX. The license number is L 15610/PFX.
Phoenix FX offers various market instruments, including forex, indices, stocks, cryptocurrency, and metals.
Tradable Instruments | Supported |
Forex | ✔ |
Indices | ✔ |
Stocks | ✔ |
Cryptocurrency | ✔ |
Metals | ✔ |
Shares | ❌ |
Commodities | ❌ |
ETFs | ❌ |
Bonds | ❌ |
Mutual Funds | ❌ |
Phoenix FX has three account types: super, ECN, and max. Traders who want low spreads can choose a super account.
Account Type | Super | ECN | Max |
Initial Deposit | $10 | $10 | $10 |
Leverage | Up to 1:500 | Up to 1:500 | Up to 1:500 |
Commission | Zero | Zero | Zero |
Spread | From 1.5 pips | Raw | From 2.5 pips |
The spread is as low as 0.0 pips, the commission is 0. The lower the spread, the faster the liquidity.
The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.
Phoenix FX provides a propriety trading platform available in iOS and Android versions, instead of the authoritative MT4/MT5 with mature analysis tools and EA intelligent systems.
Trading Platform | Supported | Available Devices |
Phoenix FX | ✔ | Mobile(iOS/Android) |
The minimum deposit is $10. Phoenix FX accepts Mastercard, Neteller, Skrill, Sticpay, Lipi, Visa, etc. for deposit and withdrawal. However, transfer processing times and associated fees are unknown.