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MoneyForex |
Residence, regulating and company management The company is registered on British Virgin Islands, nothing is mentioned about any regulative organs. The company has an office in London. No management or structure information about the company is stated. Company's Market Position The company names itself a broker and market maker. There is dealing desk on the site. No banks - partners (liquidity suppliers) are mentioned. The company conducts individual, incorporated, collective, corporate trading accounts and offers confiding management. Types Services Offered The company offers trading in the courses of 7 majors and their cross-courses. Clients may also add several currency pairs. Apart from currencies CFD on basic fund indexes, gold, silver and crude oil can be traded. Leverage 200:1 is set for all instruments (initial margin, accordingly, 0.5%). The transfer of position to the next day is executed according to the principles of SWAP with the permanent rates of payments. Quotation is realized by the stream method. Minimum deposit - $2000 at trading in complete lots, $250 at trade only by mini lots.
You may use bank order (essential elements are indicated), credit cards, PayPal, e-gold and e-bullion to deposit money on an trading account.
The company-client relations are verified only over the internet, Traders Support There is a special page for beginners on the site. It contains short market review, information about methods of analysis and trade, FAQ and a glossary. Demo-accounts are offered as well. The site supports 9 languages. Interactive support of users is conducted by phone, chat, e-mail. The Trading Platform The trading platform of Site Design and Ease of Navigation Comments Despite the fact, that the design of the site is quite tasteful, navigation doesn't seem to be very comfortable. E.g. the summary table of spreads and swaps is placed so deeply, it is possible to find it only after a thorough exploration of all of content of the site.
Not all pages are translated into each of the 9 languages. Advantages
Disadvantages
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