CHANGE Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-10-12 11:16

Abstract：　CHANGE, a platform established in 2023, operates from China and stands unregulated, offering diverse trading opportunities. The minimum deposit stands at $100, enabling access to various account types: Mini, Standard, and High-End, each tailored to different trader needs. 　　With a maximum leverage of up to 1:400, traders can explore Forex, commodities, indices, stocks, and cryptocurrencies. The variable spreads adapt to market conditions, providing flexibility. Utilizing Change Market APP and MT4, users can engage with an intuitive interface for trading. 　　The platform supports multiple payment methods, including bank transfers, credit/debit cards, and popular e-wallets, ensuring flexibility in deposits and withdrawals. Customer support is available through online chat, while educational resources encompass a comprehensive “School” section covering fundamental and technical analysis, investment skills, video learning, and trading tools, catering to users at various proficiency level

CHANGEReview Summary
Founded	2023
Registered Country/Region	China
Regulation	Unregulated
Market Instruments	Forex, commodities, indices, stocks, cryptocurrencies
Demo Account	Not Mentioned
Leverage	Up to 1:400
Spread	Variable, dependent on market conditions
Trading Platform	Change Market APP
Min Deposit	$100
Customer Support	Online chat

CHANGE Information

　　CHANGE, established in 2023, offers multiple trading opportunities. It has three types of trading accounts: Mini, Standard, and High-End with a minimum deposit of $100. You can trade Forex, commodities, indices, stocks, and cryptocurrencies with a maximum leverage of up to 1:400. The Change Market APP is also implemented to provide an easy-to-use trading interface. However, it has no regulations.

Pros and Cons

Pros	Cons
High leverage up to 1:400	Lack of regulation
Offers three account types	Limited customer support methods
	Charge withdrawal fees

Is CHANGE Legit?

　　CHANGE is not regulated by any major financial authorities.

What Can I Trade on CHANGE?

　　CHANGE offers a multiple assets including Forex, commodities, indices, and more.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Stock	✔
Indices	✔
Cryptocurrency	❌
Shares	❌
Metals	❌

Account Type

　　CHANGE offers three distinct account types. The Mini Account is designed for traders engaging in small position combinations with a minimum deposit of $100 and a minimum order size of 0.01, a Standard Account that provides customized trading services with a minimum deposit of $1,000 and a minimum order size of 0.1, and a High-End Account that provides VIP-like trading services requiring a minimum deposit of $5,000 and a minimum order size of 1.

Account Type	Minimum Deposit	Minimum Order Size	Maximum Order Quantity	Maximum Leverage Ratio	Spreads (e.g., EUR/USD)	Additional Features
Mini Account	$100	0.01 move	Variable	Variable	Competitive	Access to market information, 24-hour customer service
Standard Account	$1,000	0.1 move	Variable	Variable	Tailored	Independent dedicated line, risk assessment reports
High-End Account	$5,000	1 move	Variable	Variable	Best spread	VIP-level personalized assistance, in-depth portfolio management reports

CHANGE Fees

　　CHANGE offers a substantial leverage of approximately 1:400. The various account types at CHANGE offer distinct spreads across major currency pairs. You can check the specific number in the table below.

Account Type	EUR/USD Spread	AUD/USD Spread	EUR/JPY Spread
Mini Account	1.5 pips	2.2 pips	2.1 pips
Standard Account	1.1 pips	1.8 pips	1.7 pips
High-End Account	0.9 pips	1.6 pips	1.5 pips

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
Change Market APP	✔	IOS and Android	Investors of all experience levels
MT4/MT5	❌	IOS and Android	Investors of all experience levels

Deposit and Withdrawal

　　CHANGE charges fees for certain deposit and withdrawal methods, typically deducted from the transferred amount:

Credit/Debit Cards: 2.5% fee on deposits
E-Wallets: 3% fee on deposits and withdrawals
Bank Transfers: $15 (incoming) and $10 (outgoing) fee
Cryptocurrencies: 1% fee on both deposits and withdrawals

Customer Service

　　The specific method by which you can connect to CHANGE is not mentioned.

Contact Options	Details
Phone	❌
Email	❌
Support Ticket System	❌
Online Chat	✔
Social Media	Facebook, Instagram, Twitter, YouTube, etc
Supported Language	English
Website Language	English
Physical Address	❌