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Costra-FX

Spain|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

http://costrafx.com/

Website

Rating Index

Contact

+34 682 399 845
info@costra-fx.net
http://costrafx.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

Open Now

Contact number

English

+34 682 399 845

Broker Information

More

Company Name

Costa-FX Trading

Company Abbreviation

Costra-FX

Platform registered country and region

Spain

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-03-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Costra-FX · Company Summary

Registered in Spain
Regulated by No effective regulation at this time
Year(s) of establishment 2-5 years
Trading instruments Information not available
Minimum Initial Deposit Information not available
Maximum Leverage Information not available
Minimum spread Information not available
Trading platform Information not available
Deposit and withdrawal method Information not available
Customer Service Email / phone number / social medias
Fraud Complaints Exposure No for now

General information and regulations of Costra-FX

Costra-FX is an online forex broker registered in Spain. Currently it has no effective regulation available, and the contents of its website are shown as “You are not authorised to view this resource.” As a result, we can hardly get much useful information.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on.

At the end of the article, we will also briefly summarize the main advantages and disadvantages so that you can understand the broker's characteristics at a glance.

General information

Market instruments

Although we can‘t find relevant information about its instruments, if it’s a forex broker, it may and ought to provide currencies pairs. Moreover, other instruments like commodities, energies, metals, shares, indices and cryptocurrencies are also very likely to be available.

Spreads and commissions for trading with Costra-FX

Costra-FX does not detail on its website additional trading costs such as spreads, commissions, SWAPs, etc. These costs are very important when calculating profits and losses, and should be considered in aggregate and not chosen in isolation. If you want to trade with Costra-FX, we recommend that you take the time to calculate these transaction costs.

Account Types for Costra-FX

Costra-FX does not provide account information. Generally, Forex brokers offer several different levels of real accounts with different trading conditions (leverage, spreads, commissions, etc.) depending on the minimum deposit amount. Due to the law prohibiting interest in the Islamic region, some brokers also offer Islamic accounts without overnight interest charges.

In addition, many brokers offer demo accounts, where interested parties can trade without incurring real money losses. According to the contents of the right side of the website, Costra-FX provides a demo account.

account types

Trading platforms offered by Costra-FX

Although Costra-FX does not offer too much information, we can easily see a metaquotes logo on the bottom of the website. As a result, Costra-FX is very likely to provide a MT4 or MT5 platform, or both.

trading platform

Leverage offered by Costra-FX

You can't find information about trading leverage on Costra-FX's website. Some forex brokers offer leverage of up to 1:500, but newbies are advised to be cautious about such high leverage.

Deposit and withdrawal methods and fees

Costra-FX is ambiguous about how deposits and withdrawals work. Wire transfers, MasterCard, VISA, Maestro and some e-wallet processors such as Skrill, Neteller, PayPal and others are some of the most frequent and popular payment methods handled by most Forex brokers. The speed of withdrawing funds from a forex broker is also one of the most important factors in building a broker's reputation.

Educational resources

Some educational resources are available at Costra-FX, such as trading signals and tools, but what are exactly these tools are not clear.

Customer support of Costra-FX

Below are the details about the customer service.

Language(s): English

Email: info@costra-fx.net

Phone number: +34 682 399 845

Social media: Facebook, LinkedIn, twitter

Users exposures on WikiFX

We have not received any reports of fraudulent activity at this time.

Advantages and disadvantages of Costra-FX

Advantages:

Metaquotes platform

Trading signals

Demo account

Disadvantages:

No effective regulation

Few information available

Frequent asked questions about Costra-FX

Is this broker well regulated?

No, it is currently not effectively regulated and you are advised to be aware of its potential risks.

User Reviews

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User comment

3

Comments

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FX1288262382
more than one year
I am unwilling to mention this Costra FX broker. Why? It frustrated me so much. I was convinced that real trading is same as demo trading. I was so naïve and easily trust a scammer, high slippage, terrible trading environment, violation of regulation rules… Costra FX sucks!
2023-02-24 16:23
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0
0
F菲.W一大只
more than one year
This broker promises that it provides a true ECN/DMA environment, account management, raw spreads... However, it is obvious that this broker's website is a complete hoax with no actual information whatsoever if you visit it. The whole thing is a lie designed to defraud trusting traders.
2022-12-02 11:28
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0
0
FX1090396792
more than one year
There seems to be a problem with the broker's website, which is unable to open either demo or live accounts... They set up permissions...I have no authorization to view more resources on their website.
2022-12-01 18:18
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0
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