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ForexCT

Australia|2-5 years|
Suspicious Scope of Business|High potential risk|

https://www.forexct-chinese.com/

Website

Rating Index

Contact

15989764437
turbo@forexct.com
https://www.forexct-chinese.com/

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Contact number

English

15989764437

Broker Information

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Company Name

ForexCT.

Company Abbreviation

ForexCT

Platform registered country and region

Australia

Company website

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Warning: Low score, please stay away! 2
Previous Detection : 2024-06-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

ForexCT · WikiFX Survey

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ForexCT · Company Summary

General Information & Regulation

ForexCT was founded in 2006 and based in Melbourne, Australia, ForexCT provides investors with 24/7 access to the global trading markets. Unfortunately, ForexCT is not subject to any regulation at this stage.

Market Instruments

ForexCT offers investors access to financial tradable instruments, including Forex currency pairs, oil, and gold. The range of traded assets is relatively small compared to other brokers.

Minimum Deposit

In terms of minimum intial deposit, ForexCT says it requires traders to depsoit at least $100 to start a live account.

ForexCT Leverage

The maximum leverage offered by ForexCT for forex trading is up to 1:400, when it comes to trading leverage. Since leverage, can amplify both profits as well as losses, inexperienced traders are not advised to use such high trading leverage.

Spreads & Commissions

ForexCT's website does not provide specific information about trading conditions, such as spreads and commissions.

Trading Platforms

ForexCT offers a variety of trading platforms, such as ForexCT PROfit, MT4, Mirror Trader, and ForexCT Mobile, for traders to choose flexibly.

Deposit & Withdrawal

ForexCT supports traders to deposit and withdraw funds from their investment accounts via internet banking, credit/debit cards, domestic bank transfers/EFT, BPay, and international wire transfers. 20% bonus up to $5000.

ForexCT Pros & Cons

ForexCT Advantages Include:

1. Multiple Trading Platforms to Choose From

ForexCT Disadvantages Include:

1. Not subject to any regulation

2. No specific information about spreads & commissions

3. Less variety of assets traded

4. Website available for English & Chinese only

5. High leverage

User Reviews

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难得心动
more than one year
I opened a standard account on ForexCT trading platform and traded with a high leverage of 1:400. Although the platform only offers one account type, the threshold of $100 is reasonable. However, due to high leverage, trading risk is also relatively high, requiring a certain risk tolerance and trading experience. All in all, I think the service offered by the platform is not bad, although there is a small choice of account types, it supports highly leveraged trading, which is ideal for traders w
2023-03-24 18:20
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0
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FX1257028142
more than one year
Be careful of putting money into this ForexCT! Putting in is easy but getting it out is where you going to have problems. I have only been with them for almost a month and now I just wanted to withdraw some money out and here is where they wouldn't answer your email or call you back!
2023-02-27 15:47
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