ForexTrading is a trademark belonging to FT World Ltd, which is a subsidiary of Saxo Bank. ForexTrading is a subdivision providing online currency trading services on global international financial markets. In spite of the fact that Saxo Bank is a Switzerland based and registered investment company, FT World Ltd is a Cypriot Investment Firm regulated by the Cyprus Securities and Exchange Commission and operates in accordance with the legal and financial requirements of the European Union.
The company offers its clients trading with such trading platforms as ForexTrading-MT4, ForexTrading-WEB, ForexTrading-Mobile, which are the broker’s customizations of the world’s most popular software for stationary work-stations and mobile devices on Android, IOS and Windows Mobile operating systems. The mini trading accounts start from as low as $1 with leverage up to 100:1 and low spreads on majors starting from 0.8 pips and reaching 3 pips. Standard accounts with ForexTrading start from $1000. Besides trading currency pairs other financial instruments such as spot metals and stock are available.
The customer trading support works on a 24/5 basis and is multilingual. For novice traders learning materials and software tutorials are available.
|Address||Limassol 3305, Cyprus|
|Free phone||+44 2036080259|
|24 hour support|
|24 hour trading|
|Digits after the dot in quotes||4|
|Minimum position size||0.1|
|Pip spread on majors||0.8-3|
|Standard account, $||1000|
|Mini account, $||1|
|Other payment methods|
|Popular payment methods||Credit cards, Wire transfer|
|Account currencies||EUR, USD, GBP, JPY|
|Other instruments||Spot Metals|
Most of negative comments here are fake. All technologies and active customers became a part of saxo bank. Since that, you have nothing similar to high fees of bank wire transfer or something like high credit card fees. What you have is decent number of assets for trading, advanced trading platforms and the best broker for retail and corporate clients. Extremely low margin requirements, it’s around 1%. Different price plans so I maintain my account with no monthly fees.
What are the commissions for withdrawals?
- July 19, 2012 ForexTrading:
- The fee for withdrawing funds is as the following: • When using wire transfers up to the amount of $1,000 you will be charged a fee of $10. • When using wire transfers for amounts over of $1,000 you will be charged a fee of $20. • Credit card withdrawals will be charged a fee of 3.5%. • The currency conversion will be carried out according to the average quote at the time of payment with a possible margin of 0.5%.
I have nothing but good experience with the ForexTrading. I like the option to trade and without slippage