Target Spreads, leverage, minimum deposit Revealed

　　General Information

　　Target Financial LTD is an online forex broker registered in the United Kingdom, allegedly offering its clients access to popular MT4 trading platform, a wide range of trading instruments, leverage up to 1:400.

　　Market Instruments

　　An extensive range of trading assets including currency pairs, cryptocurrencies, precious metals (Gold, Silver, Platinum), energy (Brent, WTI, NATGAS) and other financial derivatives are all available through the brokerage platform. Besides, the contract is priced in the USD currency, and the corresponding USD is used as the margin.

　　Minimum Deposit

　　The minimum deposit to start trading with Target Financial LTD is $1,000, while most brokers require a minimum deposit from $100 to $200, and some big players in the forex industry like HotForex, XM offers micro accounts, only $5 is enough to start to invest with them.

　　Leverage

　　The maximum trading leverage offered by Target Financial LTD is up to 1:400, which is a generous offering. Since leverage can magnify your profits, but it can also cause to fund losses, especially to inexperienced traders. Therefore, it is essential for traders to choose the proper amount based on their risk tolerance.

　　Spreads & Commissions

　　Target Financial LTD say it offers a low-spread trading environment, with spreads extremely competitive. As per its spread conditions listed on its major pairs, the spreads son the EUR/USD, CHF/USD, GBP/USD pair range from 0.8 pips to 1.2 pips, lower than the industry standard. Today, spreads are used by calculating trading cost, which means brokerage firm who allows their clients to enjoy tight spreads are in strong client demand.

　　Trading Platform Available

　　Target Financial LTD offers its clients access to the leading MT5 trading platform, featuring multiple technical indicators, powerful charting tools, enabling traders to operate trading bots such as EA, study financial markets. Target Financial LTD MT5 trading platform can be accessed from any devices for you to trade anywhere, any time.

　　Deposit & Withdrawal

　　Concerning deposit and withdrawal, Target Financial LTD does not make this part clear. Some common and popular payment options supported by most forex brokers include Wire Transfer, MasterCard, VISA, Maestro, as well as a series of e-wallet processors like Skrill, Neteller, PayPal, and more. Fast Withdrawal is one of an essential factor to decide whether a forex broker is reliable or not.

　　Customer Support

　　A broker's ability to provide excellent customer service cannot be understated. As for the contact information, Target Financial LTD allows its clients to quick access to its customer care 24x 7 through online chat its clients, Line, as well as targetftx@gmail.com.