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Score
United States
1-2 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Score
Regulatory Index0.00
Business Index4.43
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
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Company Name
FLAIYY Limited
Company Abbreviation
FLAIYY
Platform registered country and region
United States
Company website
Company summary
Pyramid scheme complaint
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FLAIYYReview Summary | |
Founded | Not mentioned |
Registered Country/Region | United States |
Regulation | Unregulated |
Market Instruments | Forex, Commodities, Indices, CFDs |
Demo Account | ✅ |
Leverage | Up to 1:500 |
Spread | From 0.0 pips |
Trading Platform | MetaTrader 5 web platform, MetaTrader 5 mobile platform |
Min Deposit | Not mentioned |
FLAIYY operates as a global broker with its headquarters located in the United States. A diverse selection of trading instruments is available, featuring CFDs on forex, commodities, and indices. Nonetheless, a significant drawback is the absence of clarity regarding registration and customer support information.
Pros | Cons |
Low spreads from 0.0 pips | No mention of customer support information |
Leverage up to 1:500 | Not available to U.S. clients |
Free Forex training and 24/7 support |
FLAIYY is unregulated now.
FLAIYY offers a selection of over-the-counter CFDs on various instruments, including currency pairs, commodities, and indices.
Tradable Instruments | Supported |
Forex | ✔ |
Commodities | ✔ |
Indices | ✔ |
Shares | ❌ |
FLAIYY offers two main types of live trading accounts: the Standard Account and the ECN Account. It also provides a Demo Account for beginners and those looking to practice.
The biggest differences between the Standard Account and the ECN Account are that the Standard Account offers 0 commission with spreads starting from 1 pip, the ECN Account has spreads starting from 0.0 pips but charges a $6 commission per round trade.
FLAIYY offers competitive spreads starting from 0.0 pips to 11.4 pips across many trading asset, with no commissions for some accounts.
Trading Asset | Spread Range | Commission |
Currency | From 0.0 pips to 0.5 pips | $0.00 |
Commodities | From 0.2 pips to 11.4 pips | $0.00 |
Indices | From 0.2 pips to 1.9 pips | $0.00 |
FLAIYY provides MetaTrader platform with PC and Mobile versions.
Trading Platform | Supported | Available Devices | Suitable for |
MetaTrader Web | ✔ | Web-based | Intermediate and experienced |
MetaTrader Mobile | ✔ | Mobile devices | Mobile traders |
FLAIYY hasn't provided withdrawal fee details. The minimum deposit amount is not clearly mentioned, too.However,it provides 5 funding methods: Mastercard, VISA, Neteller, Skrill and Bank transfer.
Funding Methods | Min. Deposit | Fees | Processing Time |
Mastercard | Not specified | No fees | Instant |
VISA | Not specified | No fees | Instant |
Neteller | Not specified | No fees | Instant |
Skrill | Not specified | No fees | Instant |
Bank transfer | Not specified | No fees | 1-3 business days |
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