HELMI FX Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-10-11 18:43

Abstract：HELMI FX is an unregulated Turkey-registered broker founded in 2015. It focuses on forex pairs trading with an extremely high minimum deposit of $20,000.

HELMI FX Review Summary
Found	2015
Registered Country/Region	Turkey
Regulation	No Regulation
Market Instruments	Forex Pairs
Demo Account	✅
Trading Platform	/
Leverage	/
Minimum Deposit	$20,000
Customer Service	Online Chat

HELMI FX Information

　　HELMI FX is an unregulated Turkey-registered broker founded in 2015. It focuses on forex pairs trading with an extremely high minimum deposit of $20,000.

Pros and Cons

Pros	Cons
Educational Resources	Lack of Legal Regulation
Demo Accounts	Limited Language Support
Long History of Operation	Limited Info on Fees
	Limited Trading Choices
	High Minimum Deposit

Is HELMI FX Legit?

　　HELMI FX is currently not under any legal regulation. The domain of this company was registered on December 13, 2015, updated on November 13, 2023, and will expire on December 13, 2025.

What Can I Trade on HELMI FX?

　　HELMI FX offers only forex trading. Specific information about its trading instruments is not pointed out on its official website.

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

Account Type

　　HELMI FX does not offer multiple account types, but it provides demo accounts for practice.

　　However, the minimum deposit has reached $20,000 and it is not regulated, so you are advised to avoid conducting any transactions on its platform.

　　In addition, it clearly states on its official website that you can only receive 60% of the profit, which is a very absurd condition. Please stay away from it!

Customer Service

　　HELMI FX offers 7/24 online chat and allows contact through multiple social media. In addition, you can enter your personal information and questions on its website to get assistance.

Contact Options	Details
Online Chat	7/24
Social Media	Twitter: https://twitter.com/helmiforex
	Facebook: https://www.facebook.com/HelmiForex/
	Instagram: https://www.instagram.com/helmifx/
	YouTube: https://www.youtube.com/c/HelmiFx/
Supported Language	Arabic
Website Language	Arabic

The Bottom Line

　　HELMI FX is a forex broker that offers comprehensive customer service channels. However, HELMI FX demands a stunningly high minimum deposit of $20,000 and lacks a legal regulatory license. Therefore, it is advisable to avoid trading with this broker.