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Forex CFDs

Australia|5-10 years|
Suspicious Regulatory License|White label MT4|Regional Brokers|High potential risk|

http://www.forexcfds.com.au/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

2
Server Name
ForexCFDsAU-Demo MT4
Server Location United Kingdom

Contact

+61 02 9186 6077
clientservices@forexcfds.com.au
http://www.forexcfds.com.au/
Level 17, 123 Pitt St Sydney, NSW 2000

Licenses

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

Single Core

1G

40G

Open Now

Contact number

English

+61 02 9186 6077

Broker Information

More

Company Name

Trade Nation Australia Pty Ltd

Company Abbreviation

Forex CFDs

Platform registered country and region

Australia

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 4
Previous Detection : 2024-04-16
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

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Forex CFDs · Company Summary

General Information

Forex CFDs is allegedly a forex broker based in Australia that provides its clients with the worlds most widely-used MetaTrader4 platform, up to 30:1 leverage, variable spreads on various tradable assets, and a choice of two different account types.

Market Instruments

Forex CFDs advertises that it mainly offers four different classes of trading instruments in financial markets, including forex, indices, commodities and bonds.

Account Types

There are two live trading accounts offered by Forex CFDs, apart from demo accounts, namely Advanced and Pro account. Opening a Advanced account requires the minimum deposit of A$100, while the Pro account with the minimum initial capital requirement of A$10,000.

Account

Leverage

The maximum leverage ratio offered by Forex CFDs is up to 30:1. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads & Commissions

Forex CFDs provides its clients with variable spreads that are affected by what type of accounts traders are holding. The spread in the Advanced account start from 1.4 pips, while the Pro account from 1.0 pips.

Trading Platform Available

When it comes to trading platforms available,Forex CFDs gives traders two choices: MetaTrader4 and MT4 Mobile. MT4 is known as one of the most successful, efficient, and competent forex trading software, featuring with a simple layout, live market prices, charts of the forex pairs, custom indicators and the terminal window allows for easy account management, expert advisors and more. While with MT4 Mobile, trading can be done from anywhere and at any time.

Trading

Customer Support

Forex CFDss customer support can be reached through telephone: 0282105225, email: clientservices@forexcfds.com.au or live chat. Company address: Level 36, Governor Phillip Tower, One Farrer Place, Sydney, NSW 2000.

User Reviews

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3

Comments

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A 李云
more than one year
When choosing a forex broker, I have a predilection for running a company that offers services in Spanish... Well, I prefer to operate in my native language, which is more comfortable and faster... After all, Spanish is not a rare language, Hey?
2022-12-01 10:04
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0
0
小米饭特稀
more than one year
Forex CFDs seems to only offer a single live account type. Although no commission is charged, the minimum deposit amount of up to A$10,000 is really amazing. This is not at all friendly to novices.
2022-11-28 16:37
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0
0
ʘɞʘ
more than one year
Forex CFDs is definitely not what you want, for it does not even hold a license. I looked through its poor trading conditions, high spreads, non-transparent account information. Talking to their customer support is just like taking to air, no response? It is unlikely that this platform will last for long.
2022-11-28 14:22
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