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Travelex Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-01-13 14:26

Abstract:Travelex is a relatively new broker in the industry, offering forex, commodities, stocks and indices to trade on the FX6. It also offers demo accounts. However, it is unregulated.

  Note: Travelex's official website - https://www.travelexltd.cc/ is currently inaccessible normally.

Travelex Review Summary
Founded2023
Registered Country/RegionChina
RegulationNot regulated
Market InstrumentsForex, Commodities, Stocks, Indices
Demo Account✅
LeverageUp to 1:1000
Spread/
Trading PlatformFX6
Min Deposit/
Customer SupportEmail: service@travelexltd.com

  Travelex is a relatively new broker in the industry, offering forex, commodities, stocks and indices to trade on the FX6. It also offers demo accounts. However, it is unregulated.

Travelex's homepage

Pros and Cons

Pros Cons
Various trading assetsRelatively new
Demo accounts offeredNot regulated
Lack of transparency
No MT4/5
Only email support

Is Travelex Legit?

  No, Travelex is not regulated by any financial authorities. It doesn't need to obey the rules of any regulations. Traders should be cautious when trading.

What Can I Trade on Travelex?

Tradable Instruments Supported
Forex✔
Commodities✔
Stocks✔
Indices✔
Cryptos ❌
Bonds❌
Options ❌
ETFs❌

Leverage

  Travelex's leverage varies by different assets. For Forex trading, the platform offers a high leverage ratio of 1:1000, while for Commodities trading, the leverage is set at 1:500. In contrast, stocks and indices trading have a lower leverage ratio of 1:100. The higher the leverage, the more profits and losses.

Asset ClassMax Leverage
Forex1:1000
Commodities1:500
Stocks1:100
Indices1:100

Trading Platform

Trading PlatformSupported Available Devices Suitable for
FX6✔PCs, iOS and Android/
MT4❌/Beginners
MT5❌/Experienced traders

Related broker

No Regulation
Travelex
Company name:Travelex
Score
1.32
Website:https://www.travelexltd.cc/
1-2 years | Suspicious Regulatory License | Self-developed | Suspicious biz area
Score
1.32

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