Since FxSigns official website (https://www.fxsignllc.com/) is now down, we had to resort to scouring other websites for relevant information in order to construct a rough picture of the company's forex broker operations.
General Information
FxSign presents itself as an online forex broker providing various classes of trading instruments through the MT5 trading platform, and the minimum deposit to trade with FxSign is $1.
FxSign is just another offshore forex broker under no valid regulation. Please be aware of the risk.
Leverage
As most offshore brokers or unregulated brokers, FxSign provides a high leverage ratio up to 1:1000, much 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, 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
FxSign says it provides competitive spreads from 0.3 pips. However, given the fact that this broker is an unregulated offshore broker, investors are not advised to trading with this broker.
Trading Platform
FXSign provides access to the MT5 trading platform. The trading terminal remains the preferred choice for most FX traders (and brokers) globally, as it provides a full array of trading tools and features, robust charting package, over 50 built-in technical indicators, wide range of Expert Advisors (EAs), the option to create your own indicators and EAs, and extensive back-testing options for them. Here is the screenshot of FxSign MT5:
Payment Methods
The minimum deposit amount varies depending on payment methods, from $1 to $1,000, and the minimum withdrawal amount is $5.
FxSign allows its clients to make a deposit and withdrawal through multiply payment methods: Wire Transfer, PayPal, Neteller, Cryptocurrency, Skrill, Webmoney, Perfect Money.
Concerning deposit and withdrawal fees, a service fee of 5% is only charged on deposits through Cryptocurrency, while withdrawal fees are charged on every payment methods.
Customer Support
If clients have any inquiries or trading-related issues, they can get in touch with FXSign through the following contact channels:
Telephone: +1 434 5330465
Email: info@Fxsign.com
Or you can also follow this broker on some social media platforms, such as Twitter, Facebook.
Registered Company Address: First floor, First St. vincent Bank Ltd Building, James street , kingstown, VC0100, Saint Vicent &Grenadines.
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.
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