FXUSolution Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-10-12 14:59

Abstract：FXUSolution was established in 2017 and based in the UK, claiming to be regulated under FinCEN. The platform provides trading opportunities in Forex, Metals, Energies, Indices, Bonds, Commodities, ETFs, Cryptocurrencies, and Physical Stocks. It features a variety of account types, including Micro, Mini, Premium, ECN, and Islamic accounts, and demo accounts are available, with leverage options reaching up to 1:1000. The spreads range from 4 to 16 and commissions from 0 to 10.

　　Note: FXUSolution's official website https://fxufx.com/en is currently inaccessible normally.

FXUSolutionReview Summary
Founded	2017
Registered Country/Region	UK
Regulation	FinCEN (effective to August 22, 2023)
Trading Instruments	Forex, Metals, Energies, Indices, Bonds, Commodities, ETFs, Cryptocurrencies, Phisical stocks
Demo Account	✅
Leverage	Up to 1:1000
Spread	From 4 to 16
Trading Platform	MetaTrader5 (Web, Android, IOS)
Customer Support	Phone: +44 7520642188
Customer Support	Email: support@fxusolutions.limited

FXUSolution Information

　　FXUSolution was established in 2017 and based in the UK, claiming to be regulated under FinCEN. The platform provides trading opportunities in Forex, Metals, Energies, Indices, Bonds, Commodities, ETFs, Cryptocurrencies, and Physical Stocks. It features a variety of account types, including Micro, Mini, Premium, ECN, and Islamic accounts, and demo accounts are available, with leverage options reaching up to 1:1000. The spreads range from 4 to 16 and commissions from 0 to 10.

Is FXUSolution Legit?

　　FXUSolution was formerly regulated by the Financial Crimes Enforcement Network (FinCEN), under the license number of 31000251587315. However, after the effective date was passed, now it is not regulated.

Pros and Cons

Pros	Cons
Various account types	Lack of regulation
Advanced trading platforms	Complexity for beginners
Wide range of products	Unavailable website
Demo accounts	Wide spreads

What Can I Trade on FUXSolution?

　　FXUSolution offers 9 types of trading products, including forex, crypto, metals, commodities, indices, stocks, ETFs, bonds, and energies.

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

Account Type/Leverage/Spread & Commission

　　Tag provides 5 types of real accounts: Micro account, Mini account, Premium account, Islamic account, and ECN account. Besides, demo accounts are also available.

Account Type	Min Deposit	Max Leverage	Spread	Commission
Micro account	$500	1:500	10 pips	4
Mini account	$1000	1:1000	16 pips	0
Premium account	$5000	1:300	14 pips	0
ECN account	$500	1:100	4 pips	10
Islamic account	$500	1:500	4 pips	10

Trading Platform

　　FXUSolution offers trading on the MetaTrader 5 (MT5) platform:

Web Terminal: Allows traders to access the markets directly from their web browsers without the need for any downloads.
Mobile Trading: The MT5 mobile app is available for both Android and iOS devices, enabling traders to manage their accounts, execute trades, and analyze the markets on the go.

Customer Support

Contact Options	Details
Phone	+44 7520642188
Email	support@fxusolutionslimited.com
Support Ticket System	❌
Online Chat	✔
Website Language	English
Physical Address	Suite 305, Griffith Corporate Centre, Beachmont, P.O.Box 1510, Kingstown Saint Vincent and the Grenadines 71-75, Shelton Street, Covent Garden, London, United Kingdom, WC2H 9JQ

Conclusion

　　In conclusion, FXUSolution seems to provide attractive trading conditions. However, now it lacks regulation. Trading with such an unregulated broker is risky.