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https://txtrade.com/
Website
MT4/5 Identification
White Label
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
General Information
TXTrade is allegedly a broker based in the UK, claiming to provide its clients with the maximum leverage up to 500:1, low spreads and various tradable assets with two different account types.
Market Instruments
TXTrade advertises that it offers a variety of trading instruments in financial markets, which include but are not limited to forex and cryptocurrencies.
Account Types
There are two live trading accounts offered by TXTrade, namely Standard and For accounts. Opening a Standard account requires the minimum initial deposit amount of $500, while the For account with a much higher minimum initial capital requirement of $20,000.
Leverage
The maximum leverage ratio provided by TXTrade is much higher than most brokers, up to 500:1. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.
Spreads
Spreads are influenced by what type of accounts traders are holding. TXTrade reveals that the spread on the Standard account starts from 0.0 pips, while the clients on the For account can experience the minimum spread of 0.5 pips.
Deposit & Withdrawal
TXTrade says to accept deposits and withdrawals via VISA, Skrill and others, yet we have no way to verify if these payment options are all really available.
Customer Support
TXTrade‘s customer support can be reached through email: support@txtrade.com. However, this broker doesn’t disclose other more direct contact information like telephone numbers or company address while most brokers offer.
Time Exchange Trading Ltd.
TXTrade
No Regulation
Platform registered country and region
United Kingdom
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support@txtrade.com
Company Summary
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