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Festar Global-Overview of Minimum Deposit, Spreads & Leverage

WikiFX | 2022-02-16 17:32

Abstract：Festar Global is a newly-established online forex and CFD broker allegedly registered in China, offering diversified trading instruments including forex currency pairs, stocks, indices, commodities. The information on Festar Globals website is minimal, even its real office address is not disclosed.

General Information

Festar Global is a newly-established online forex and CFD broker allegedly registered in China, offering diversified trading instruments including forex currency pairs, stocks, indices, commodities. The information on Festar Globals website is minimal, even its real office address is not disclosed.

Official Website Unavailable

Since Festar Globals official website cannot be accessible for the moment, we could only collect some related information from some broker review websites to get a rough idea of this broker.

Market Instruments

With Festar Global, traders can get access to a diversified range of trading products including forex pairs, stocks, commodities, indices, and more.

Minimum Deposit

Festar Global offers a Standard account for all investors, with the minimum deposit requirement of $500, almost twice the amount of the industry standard.

Leverage

The maximum trading leverage offered by Festar Global is up to 200:1. Since leverage can magnify gains as well as losses, inexperienced traders are not advised to use the too-high lever.

Minimum Trade Size

The minimum position size allowed by Festar Global is 0.01 lot, quite friendly to new traders.

Customer Support

Festar Global offers a poor customer support service and they can be only reached through an email: support@festarglobal.com. Other more common channels like a phone call and online chats are not available.

Leverage Broker Commission Currency Pair Dealer Forex trading Forex Broker

Related broker

No Regulation

Festar Global

Company name：Festar Global LTD

Score

1.49

Website：https://www.festarglobal.com/en-us

2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.49

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