Discovery FX Spreads, leverage, minimum deposit Revealed
WikiFX | 2026-04-20 22:18Abstract：Discovery Forex Limited founded Discovery FX in 2018 in Hong Kong. It provides two trading asset classes: Spot Rolling FX and Precious Metals. Besides, it also offers demo accounts and high leverage of 1:1000. However, it is not regulated and its minimum deposit is as high as $200.
| Discovery FX Review Summary | |
| Founded | 2018 |
| Registered Country/Region | Hong Kong |
| Regulation | Not regulated |
| Market Instruments | Spot Rolling FX, Precious Metals |
| Demo Account | ✅($10,000 in virtual fund) |
| Leverage | 1:1 - 1:1000 |
| EUR/USD Spread | 1.0 - 3.0 pips |
| Trading Platform | MT4, MT5 |
| Copy Trading | ✅ |
| Min Deposit | $200 |
| Customer Support | Tel: +852 6889 6237 |
| Email: info@discovery-forex.com | |
| Social media: X, Facebook and Instagram | |
Discovery Forex Limited founded Discovery FX in 2018 in Hong Kong. It provides two trading asset classes: Spot Rolling FX and Precious Metals. Besides, it also offers demo accounts and high leverage of 1:1000. However, it is not regulated and its minimum deposit is as high as $200.
Pros and Cons
| Pros | Cons |
| Demo accounts offered | Not regulated |
| Flexible leverage ratios | Limited trading assets |
| MT4 and MT5 offered | High minimum deposit |
| Copy trading | Limited payment options |
| No fees for deposits and withdrawals |
Is Discovery FX Legit?
No, Discovery FX operates without regulation. Traders should be cautious because Discovery FX is not supervised by any financial authorities.
What Can I Trade on Discovery FX?
| Tradable Instruments | Supported |
| Spot Rolling FX | ✔ |
| Precious Metals | ✔ |
| Commodities | ❌ |
| Indices | ❌ |
| Stocks | ❌ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type/Fees
Discovery FX offers two account types: Standard and Nano spread. It also offers demo accounts.
| Account Type | Account Currency | Min Deposit | Min Withdrawal | Spread | Transaction Fee | Opening/Maintenance Fee |
| Standard | USD, JPY | $200 | $US100, JPY10,000 | / | ❌ | ❌ |
| Nano spread | $200 | Nearly 0 | $3/lot | ❌ |
Leverage
Discovery-FX provides flexible leverage from 1:1 to 1000:1. Note that the higher the leverage, the more profits and losses.
| Leverage | Total Effective Margin |
| 1:1 to 1:1000 | USD 5 - USD 20,000 / JPY 500 - JPY 2,000,000 |
| 1:1 to 1:200 | USD 20,001 ~ USD 100,000 / JPY 2,000,001 ~ JPY 10,000,000 |
| 1:1 to 1:100 | USD 100,001 ~ USD 200,000 / JPY 10,000,001 ~ JPY 20,000,000 |
| 1:1 to 1:50 | 200,001 USD or more / 20,000,001 JPY or more |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Web, Desktop, Mobile | Beginners |
| MT5 | ✔ | Web, Desktop, Mobile | Experienced traders |
Deposit and Withdrawal
Discovery-FX supports deposits and withdrawals via bitwallet, overseas remittance and bank transfer. No fees for deposits and withdrawals.
Latest News
Vietnam: Inflation and trade trends shape VND – Commerzbank
WikiFXSilver Price Forecast: Head-and-Shoulders risk builds below $67
WikiFXAustralian Dollar rides thin-trading lift as Fed test looms
WikiFXCouple Faced Over RM1.5 Million Loss After Stock Tip Scheme
WikiFXBlackwell Global UK Loss Widens as Revenue Falls 37%
WikiFXUnited States Dollar Index trades under pressure as Yen buying accelerates
WikiFXAustralian Dollar posts fresh three-month high amid hawkish RBA prospects
WikiFXDo You Know Your Cost of Swinging Gold? Gold CFD Costs Shift From Spreads To Overnight Fees
WikiFXSwiss Franc steadies as Fed hike expectations offset safe-haven flows
WikiFXOANDA Is Shutting Down MT4 Trading by 25 September 2026
WikiFXRate Calc
