Home -
-
Main body -

WikiFX Express

Exness
EC Markets
TMGM
XM
FXTM
FOREX.com
AvaTrade
IC Markets Global
FXCM
ACCM

ForexWare-Overview of Minimum Deposit, Spreads & Leverage

WikiFX | 2025-01-03 12:10

Abstract:ForexWare develops FX trading software and enterprise solutions to FX retail brokers, banks, financial institutions and money managers worldwide. ForexWare offers software solutions and technology for larger firms, institutions and small firms. ForexWare allows hedge funds and brokerage firms access to non-bank liquidity providers around the world.

Currently, the official website of Forexware is unable to open.

Forexware Review Summary
Founded Year2020
Company NameForexware
Registered Country/RegionUnited States
RegulationNot regulated
Market InstrumentsFX, Metals, CFDs
Demo AccountAvailable
LeverageUp to 1:500
SpreadFrom 0.0 pips
Trading PlatformXW Trader, XW Trader Mobile, MT4/5
Min Deposit$10
Customer SupportPhone: (1) 212-437-8100
Online Chat: Available
Email: Not mentioned

Forexware Information

Founded 2020 in the United States, Forexware is a trading tool providing FX, metals, and CFDs. Forexware suits traders of all stripes with leverage up to 1:500, spreads from 0.0 pips, and several account kinds. Still, it runs free from governmental supervision.

Forexware Information

Pros and Cons

ProsCons
Competitive spreads starting from 0.0 pipsUnregulated
Offers multiple account types, including Islamic accountsHigher minimum deposits for Pro accounts($1000)
Diverse trading platforms: XW Trader, MT4/5

Is Forexware Legit?

Forexware is not regulated by any financial authority.

Forexware Information

What Can I Trade on Forexware?

Forexware provides over 46 currency pairs, metals, and CFDs.

Tradable InstrumentsSupported
FX✔
Metals✔
CFDs✔
Stocks❌
ETFs❌
Cryptocurrencies❌

Account Types

Forexware offers 4 account types. All accounts include demo options.

AttributeStandard AccountCent AccountPro AccountIslamic Account
Leverage1:5001:1001:1001:500
Spread0.0 pips0.1 pips0.0 pips0.0 pips
Commission$0.02 per lot$0.002 per lot$0.05 per lot$0.02 per lot
Min Deposit$100$10$1,000$100
Demo AccountYesYesYesYes

Forexware Fees

Forexware offers spreads starting from 0.0 pips and low commissions.

Non-trading fees, such as deposits and withdrawals, are generally free.

Fee TypeDetails
SpreadsFrom 0.0 pips
Commission$0.002 - $0.05 per lot
Deposit FeeFree
Withdrawal FeeFree
Min Deposit$10 (Cent Account)
Processing TimeInstant to 7 business days

Trading Platform

Forexware provides popular MT4/5 platform, and XW Trader platform.

Trading PlatformSupportedAvailable DevicesSuitable for
XW Trader✔DesktopInstitutional and advanced traders
XW Trader Mobile✔Mobile (iOS, Android)On-the-go traders
MT4/5✔Desktop, MobileNovice and experienced traders

Deposit and Withdrawal

Forexware supports multiple deposit and withdrawal methods with no fees. The minimum deposit is $10.

MethodMin DepositFeesProcessing Time
Credit/Debit Cards$10 - $1,000FreeInstant to 5 days
Bank Transfers$10 - $1,000FreeUp to 7 business days
E-Wallets (PayPal, etc.)$10 - $1,000FreeInstant
LeverageCommissionCurrency PairClearingFutureDealer

Related broker

No Regulation
Forexware
Company name:Forexware LLC
Score
1.55
Website:https://forexware.com/en/
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.55

Read more

10 Best MUST- READ Books on Forex Trading

Traders neglect the basic education about the forex market and end up losing money. It is one of the common mistakes they do. It is unsaid rule that If you're enter in the jungle of forex, you must read, learn, and understand before you start trading. In this article, you'll get to know about the books on forex trading that you must read.

Original 2025-07-30 19:52

Inefex: Mastering the Art of Duping Forex Investors

Fallen prey to high-return promises made by Inefex through social media and other platforms? Facing constant pressure from it to deposit funds despite consistent losses in trade? Most probably, Inefex has scammed you like many others. The constant foul play in its operation has been grabbing attention on forex broker review platforms. Check out some of their reviews.

Original 2025-07-30 19:48

Top 4 Forex Scam Tactics Fake Brokers Use to Trap Investors

Fake forex brokers always have multiple plans to dupe investors, including even the experienced ones. The constant complaints surrounding too-good-to-be-true schemes duping investors have made headlines in many forex journals. It’s time to stay vigilant against forex scam tactics that fraudulent brokers usually employ to defraud investors. In this article, we will talk about the top four forex scam tactics.

Original 2025-07-30 18:36

Which Currency Pairs are Most Commonly Traded in India?

Currency pairs play a crucial role in forex trading. To effectively participate in the forex market, it's important to understand which currency pairs are most relevant in your country. For traders in India, knowing the actively traded currency pairs is essential.

Original 2025-07-30 18:31

WikiFX Express

Exness
EC Markets
TMGM
XM
FXTM
FOREX.com
AvaTrade
IC Markets Global
FXCM
ACCM

WikiFX Broker

FXTM

FXTM

Regulated
Exness

Exness

Regulated
DBG Markets

DBG Markets

Regulated
XM

XM

Regulated
TMGM

TMGM

Regulated
EBC

EBC

Regulated
FXTM

FXTM

Regulated
Exness

Exness

Regulated
DBG Markets

DBG Markets

Regulated
XM

XM

Regulated
TMGM

TMGM

Regulated
EBC

EBC

Regulated

WikiFX Broker

FXTM

FXTM

Regulated
Exness

Exness

Regulated
DBG Markets

DBG Markets

Regulated
XM

XM

Regulated
TMGM

TMGM

Regulated
EBC

EBC

Regulated
FXTM

FXTM

Regulated
Exness

Exness

Regulated
DBG Markets

DBG Markets

Regulated
XM

XM

Regulated
TMGM

TMGM

Regulated
EBC

EBC

Regulated

Latest News

Does XS.com Hold Leading Forex Regulatory Licenses?

WikiFX
2025-07-28 10:14

Chile Bumps Up Copper Price Forecast and Flags Lagging Collahuasi Output

WikiFX
2025-07-28 14:32

Treasury yields tick lower as investors look ahead to Fed's interest rate decision

WikiFX
2025-07-28 09:51

Thailand-Cambodia War Pressures Thai Baht in Forex Market

WikiFX
2025-07-28 19:35

Investors Accuse Duttfx Markets of Scam: What You Should Know

WikiFX
2025-07-28 18:38

A breakthrough and a burden? What the U.S.-EU trade deal means for the auto sector

WikiFX
2025-07-28 10:22

Treasury yields flat as investors look ahead to Fed's interest rate decision

WikiFX
2025-07-28 09:51

China's latest AI model claims to be even cheaper to use than DeepSeek

WikiFX
2025-07-28 13:00

Bitget Lists Caldera for Spot Trading | What Should You Know?

WikiFX
2025-07-28 17:51

Jim Cramer explains what's driving the stock of Tapestry

WikiFX
2025-07-28 23:53

Rate Calc

USD
CNY
Current Rate: 0

Amount

USD

Available

CNY
Calculate

You may also like

Raffle Option

Raffle Option

FXPCM

FXPCM

Wizer

Wizer

GDSL

GDSL

MEMG

MEMG

Euro Crypto FX

Euro Crypto FX

Softech Trades

Softech Trades

Lite Stack Options

Lite Stack Options

Premium BinaryFX

Premium BinaryFX

MT5EXPO

MT5EXPO