FELIX MARKETS Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-11 15:12

Abstract：Felix Markets is a newly founded forex broker which is registered in Australia. The tradable instruments with a maximum leverage of 1:400 include forex, commodities, shares, cryptocurrencies, metals, and indices. The broker also provides three accounts: standard, pro, and ECN. The minimum spread is from 0.01 pips and the minimum deposit is $100. Felix Markets is still risky due to its offshore regulated status.

Felix MarketsReview Summary
Founded	2024-04-06
Registered Country/Region	Australia
Regulation	Offshore Regulated
Market Instruments	Forex/Commodities/Shares/Cryptocurrencies/Metals/Indices
Demo Account	✅
Leverage	Up to 1:400
Spread	From 0.01 pips
Trading Platform	MT5(PC(Windows)/Mac/Mobile(iOS/Android))
Min Deposit	$100
Customer Support	Email: support@felixmarkets.com
	Phone: +447441934734
	Instagram/Twitter/YouTube
	24/7 Live Chat

Felix Markets Information

　　Felix Markets is a newly founded forex broker which is registered in Australia. The tradable instruments with a maximum leverage of 1:400 include forex, commodities, shares, cryptocurrencies, metals, and indices. The broker also provides three accounts: standard, pro, and ECN. The minimum spread is from 0.01 pips and the minimum deposit is $100. Felix Markets is still risky due to its offshore regulated status.

Pros and Cons

Pros	Cons
Offshore Regulated	Island account available
MT5 available	Unspecific fee information
Leverage up to 1:400
Spread from 0.01 pips
Various tradable instruments
Demo account available
24/7 live support

Is Felix Markets Legit?

　　Felix Markets is only authorized and offshore regulated by the Mwali International Services Authority(MISA) with license No.BFX2024068, even though it claims to be regulated by NFA and ASIC.

What Can I Trade on Felix Markets?

　　Felix Markets offers over 1,000 tradable instruments, including forex, commodities, shares, cryptocurrencies, metals, and indices.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Shares	✔
Cryptocurrencies	✔
Metals	✔
Indices	✔
Stocks	❌
ETFs	❌
Bonds	❌
Mutual Funds	❌

Account Type

　　Felix Markets has three account types: standard, pro, and ECN. Traders who want low spreads can choose Pro and ECN accounts, while those with a small budget can open a standard account. In addition, the demo account is predominantly used for familiarizing traders with the trading platform and for educational purposes only.

Account Type	Standard	Pro	ECN
Minimum Deposit	$100	$10000	$5000
Spreads	From 1.9 pips	From 0.5 pips	From 0.5 pips
Leverage	Up to 1:400	Up to 1:400	Up to 1:400
Swap	Yes	Yes	No

Felix Markets Fees

　　The spread is from 0.01 pips. The lower the spread, the faster the liquidity.

Leverage

　　The maximum leverage is 1:400 meaning that profits and losses are magnified 400 times.

Trading Platform

　　Felix Markets cooperates with the authoritative MT5 trading platform available on PC(Windows), Mac, and mobile(iOS and Android) to trade. Traders with rich experience are more suitable for using MT5. MT5 not only provides various trading strategies but also implements EA systems.