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StreamsFX-Some Important Points about the Broker

WikiFX | 2024-12-11 17:51

Abstract:StreamsFX, registered in Cyprus, offers traders services for trading commodities, forex, indices, and precious metals. Clients can contact it through phone number (+357 25055782) and Email ( support@streamsfx.com).

StreamsFX Review Summary
Founded5-10 years
Registered Country/RegionCyprus
RegulationSuspicious clone
Market InstrumentsAccess to commodities, forex, indices, and precious metals
Demo AccountAvailable
Leverage1:30
Spreadfrom 0 pips
Trading PlatformMetaTrader4 (MT4)
Min Deposit$20,000
Customer SupportPhone: +357 25055782
Email: support@streamsfx.com

StreamsFX Information

StreamsFX, registered in Cyprus, offers traders services for trading commodities, forex, indices, and precious metals. Clients can contact it through phone number (+357 25055782) and Email ( support@streamsfx.com).

Pros and Cons

ProsCons
Multiple trading assetsUnregulated Status
Minimum deposit as high as $500
Unaccessble offcial website

Is StreamsFX Legit?

StreamsFX is represented to be regulated by the Cyprus Securities and Exchange Commission with License Number 376/19. However, its license is a suspicious clone.

Is StreamsFX Legit?
Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense Number
Is StreamsFX Legit?
Cyprus Securities and Exchange CommissionStreams Financial Services LtdStraight Through Processing(STP)376/19

What Can I Trade on StreamsFX?

The tradable financial instruments available to customers at the StreamsFX platform include commodities, forex, indices and precious metals. Using Forex instruments, traders can choose from 25 available assets.

Tradable InstrumentsSupported
Commodities✔
Forex✔
Indices✔
Crypto currencies❌
Precious metals✔
Binary Options❌
Mutual Funds❌
Futures❌

Account Types

Three account types are available provided by StreamsFX for clients to choose from: Classic (minimun deposits from $500), Pro (minimun deposits from $500) and ECN (minimun deposits from $20,000).

Besides, demo accounts are offered.

Minimum Deposit
Classic Account$500
Pro Account$500
ECN Account$20,000

Leverage

StreamsFX offers leverage levels up to 1:200.

StreamsFX Fees

The Classic account has a spread of 1.6 points and does not require a commission. The spread for Pro and ECN accounts starts at 0 points, but commissions of $4 and $3.50 are charged for each party.

SpreadCommission
Classic Accountstart from 1.6Free
Pro Accountstart from 0$4
ECN Accountstart from 0$3.50

Trading Platform

MetaTrader4 (MT4) is the one chosen by StreamsFX to serve clients.

Trading PlatformSupportedAvailable DevicesSuitable for
MetaTrader4 (MT4)✔Windows, MAC, IOS, AndroidInvestors of all experience levels

Deposit and Withdrawal

Payment methods supported by StreamsFX include Visa, Mastercard and Maestro credit/debit cards, some popular e-wallets such as Skrill and Neteller, and bank transfers.

Related broker

Unverified
StreamsFX
Company name:Streams Financial Services Ltd
Score
1.52
Website:https://streamsfx.com
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.52

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