Global Broker governance & inquiry App

Fair Forex

Saint Vincent and the Grenadines
Entry Time 2020-04-03
2020-04-03Input
https://fairforexfx.com
https://fairforexfx.com
Exposure

Time Machine

More
More
2022 years 10 Month
2022-10
Time2022 years 10 Month
Expose

Exposure

Pyramid scheme complaint
Expose

No data

Fair Forex · Company Summary

General Information & Regulation

Fair Forex was founded in 2018 and is an online Forex and CFD broker registered in Saint Vincent and the Grenadines. As an offshore registered broker, Fair Forex is not currently subject to any effective regulation.

Market Instruments

Investors can trade popular Forex pairs, indices, commodities, cryptocurrencies, stocks, and CFDs on the Fair Forex platform.

Minimum Deposit

Fair Forex offers investors three different trading accounts: the Standard Account (minimum deposit of $100), the Raw Spread Account (minimum deposit of $100), and the Pro Account (minimum deposit of $10,000).

Fair Forex Leverage

In terms of trading leverage, the maximum leverage level offered by Fair Forex for forex instruments is up to 1:400, which is considered high. Since leverage, can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders.

Spreads & Commissions

The spreads on the Fair Forex Standard account start at 1.0 pips on the Eurodollar with no commissions. The original spread account has a EURUSD spread of 0.2 pips, and Fair Forex charges traders a commission of $6 per lot. For the Pro account, the EURUSD spread is 0.2 pips, and Fair Forex charges the trader a commission of $5 per lot. Such trading conditions are quite attractive compared to most brokers.

Fair Forex Trading Platforms

Surprisingly, Fair Forex offers traders the most advanced MT5 trading platform on the market. MT5 is the latest version of MT4, known for its intuitive and clear trading interface, top-notch charting tools, and support for automated trading via Expert Advisors/EAs. Compared to MT4, MT5 has more technical indicators and time frames, but the performance is not as stable as MT4.

Deposit & Withdrawal

Finally, it is worth noting that Fair Forex supports traders to fund their accounts via wire transfer, credit/debit cards, PayPal, and Bitcoin.

Fair Forex Pros & Cons

Fair Forex Advantages Include:

1. Three accounts Available

2. MT5 trading platform

Fair Forex Disadvantages Include:

1. Unregulated & offshore brokers

2. High deposit requirements for Pro accounts

3. No demo accounts

4. No information on deposit and withdrawal funds

Select Country/District
United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com