EuroFX Spreads, leverage, minimum deposit Revealed

WikiFX | 2021-04-21 14:27

Abstract：EuroFX was founded by a group of professionals with extensive experience in financial and internet technology to provide traders with high-quality services around the clock, offering individual approaches for each client. EuroFX offers first-class market conditions, including extremely fast order execution, protection of client funds, price stability, and excellent customer service. Detailed regulatory information is not available on the official EuroFX website.

　　General Information & Regulation

　　EuroFX is an offshore broker with no regulatory license, therefore, it is unsafe for traders to trade with this broker.

　　Market Instruments

　　EuroFX offers traders a range of financial tradable instruments, mainly in the Forex market, stocks, commodities, and indices. Hence, traders have the flexibility to choose in light of their investment needs.

　　Minimum Deposit

　　EuroFX offers investors four types of accounts with different advantages to meet different users' investment needs, investment goals, and investment levels. These accounts are the Basic Accounts (minimum deposit of $250, 24 assets tradable), Trader Accounts (minimum deposit of $1,000, over 75 assets tradable), Business Accounts (minimum deposit of $5,000, over 300 assets tradable), and Corporate Accounts (minimum deposit of $25,000, all assets tradable).

　　EuroFX Leverage

　　Trading leverage varies depending on different trading accounts. The trading leverage is 1:100 for the Basic Account, 1:75 for the Trader Account, 1:50 for the Bussiness Account, and 1:25 for the Corporate Account.

　　EuroFX Spreads

　　The spreads on EuroFX basic accounts start from 1.3 pips on EURUSD, and traders can get a bonus on their first deposit. EURUSD spreads on Trader Accounts start from 1.1 pips, and Traders can get a bonus of up to 100% on each deposit. EURUSD spreads for Business Accounts start from 0.9 pips, and the account comes with 25% insurance. EURUSD spreads for Corporate Accounts start from 0.9 pips with a bonus of up to 100%, with 25% account insurance for this account.

　　Trading Platforms

　　The main tool for the trader to work is the trading platform and its terminal — special software. The choice of a trading platform essentially determines the opportunities in the market because the speed and accuracy of responding to price movements, the convenience of conducting transactions – definitely decide what the result will be. EuroFX offers three trading platforms, Status Platform, Ninja Trader, Web Platform, respectively。

　　Deposit & Withdrawal

　　EuroFX welcomes traders to deposit and withdraw funds via Visa, MasterCard, wire transfer, FIAT, etc.