FX stands for Forex, which stands for foreign exchange trading, which does describe at least one of the FxCompany’s reasons for being. FxCompany is owned by FxCompany Financial Group Ltd. Its activities comply with the legislation of Mauritius and are regulated by FSC (Financial Services Commission) of Mauritius. FxCompany employs the services of over 100 representatives “all around the world”.
FxCompany also offers CFD (contract for difference) trading options to its customers. These include CFDs for stocks, futures, indices, metals and dividends. FxCompany also has “Moslem” Swap Free Accounts available.
The trading platform available for download is MetaTrader 4 in Terminal, Multi Terminal, Mobile, and Smartphone editions. The FxCompany also references upwards of 400 trading tools designed to assist its account holders. Spelling out the nature of at least some of those tools could prove helpful to potential customers seeking to make a decision.
A standard account offers spreads starting from 0.5 pips, leverage up to 1:500, multi-currency accounts in USD, EUR, etc. and a minimal deposit of 100 USD. FxCompany also offers a VIP account that features spreads starting at ZERO points, a free Pocket PC with MetaTrader 4 Mobile pre-installed, a Personal Account Manager and 5% interest to a client’s deposit.
The company also offers partnership options. The exact details of those sorts of agreements seem to be available through more direct contact with the company than the website can offer. That is probably best-pursued offline in any case.
Those new to trading can open a demo account with FxCompany. What marks that option as somewhat unique is the company’s practice of holding contests centered on demo trading that that reward the winners of such contests with real money.
Unlike many competitive firms the FxCompany website does not offer any educational material that relates to trading Forex or CFDs online. 24/7 On-Line Support is advertised in a banner on the main page with no other details of that support provided.
- Headquarter : Russia
- Regulation : None
- U.S. Clients Allowed :
- Maximum Leverage : N/A
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