MASTER FXTRADE-Some Important Details about This Broker

General Information

Registered in the United States, MASTER FXTRADE presents itself as an online forex broker providing access four classes of trading instruments, including Currency Pair, Stocks, Indices, and Commodities. To trade with MASTER FXTRADE, the minimum deposit is $350.

MASTER FXTRADE is not authorized or regulated by any regulatory authority. Please be aware of the risk.

Market Instruments

With the MASTER FXTRADE platform, investors are provided the opportunity to four classes of trading instruments, including Currency Pairs, Commodities, Indices, Stocks.

Account Types

Four types of trading accounts are on offer: Mini, Standard, Executive and VIP. The minimum initial deposit required by each account is quite high in comparison to its competitors, with the Mini account from $350, the Standard account from $1,000, the Executive account from $2,500, the VIP account from $10,000. It seems that MASTER FXTRADE, this unregulated forex broker, is ready to defraud investors by asking for high deposits at the very first.

How to open an account with MASTER FXTRADE？

Opening an account with MASTER FXTRADE is an easy and simple process, with a few steps to follow:

1. Click the “OPEN ACCOUNT” link on the homepage of MASTER FXTRADE.

2. Fill up some required details and upload relevant documents for this brokers verification.

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

Demo Account Unavailable

Please note MASTER FXTRADE does not offer demo account, which means you cannot test this platform at first.

Leverage

Trading leverage is not mentioned on the MASTER FXTRADE platform. Since leverage can magnify gains, 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.

Trading Platform

What MASTER FXTRADE provides is not the industry-leading MT4 or MT5 trading platform. Please be aware of the risk.

Educational Resources

MASTER FXTRADE provide some educational resources to help investors to quickly acquaint themselves with forex trading, including Economic Calendar, Trading Academy, Webinars.

Payment Methods

The minimum deposit to invest with this broker is $ 350 and the minimum withdrawal amount is $50. MASTER FXTRADE allows its clients to make a deposit and withdrawal through VISA, MASTERCARD, NETELLER, SKRILL, QIWI, Yandex, ComePay, CASHU, etc.

Customer Support

MASTER FXTRADE relies on its FAQ section to give clients some basic assistance, and if they need staff service, they can contact this broker through the following channels:

A Contact Form

Online Chat

Registered Company Address: 1001 Liberty Ave #2100, Pittsburgh, PA 15222, United State.

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.