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FairForex-Overview of Spreads, Commissions, Leverage

WikiFX | 2026-04-20 22:26

Abstract:As an ECN broker, FairForex provides services for trading currency pairs and CFDs across a range of asset classes. It has been in business since 2018, has three offices, and is subject to SVG FSA regulation (St Vincent & The Grenadines Financial Services Authority). The business closes transactions at the best price and assures there won't be any requotes by using the A Book execution approach. Customers of Fair Forex have the option of trading independently as well as earning passive money through the use of the MAM system, a trade copying service that also makes use of robot advisers.

Note: Fair Forex's official website: https://fairforex.com/ is inaccessible normally.

Fair ForexReview Summary
Founded2022
Registered Country/RegionUnited Kingdom
RegulationVFSC
Market InstrumentsStocks, indices, forex, commodities, cryptocurrencies
Account TypeRaw Spread, Standard, Pro
LeverageUp to 1:500
SpreadFrom 0.0 pips
Trading PlatformMT4, MT5
Min Deposit$50
Payment MethodBank Transfer, Visa, MasterCard, Zelle, BTC, Paypal and Cashapp.
Customer SupportEmail: support@fairforex.com
Physical Address: Suite 305, Griffith Corporate Centre, Beachmont, Box 1510, Kingstown, St Vincent and the Grenadines.

Fair Forex Information

Fair Forex is a brokerage registered in the United Kingdom. The trading instruments it provides cover stocks, indices, forex, commodities, cryptocurrencies. It is regulated by VFSC. Its maximum leverage is 1:500. The min deposit is $50. It offers 8 types of payment methods.

Pros and Cons

Pros Cons
Wide range of instrumentsSuspicious clone
Low minimum deposit of $50No demo trading account
Generous leverage up to 1:500No Islamic trading account
Low spreads start from 0.0 pips
MT4 and MT5 supported

Is Fair Forex Legit?

Fair Forex is regulated by VFSC in Vanuatu. Its current status is Suspicious Clone.

Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense NumberCurrent Status
VanuatuVFSCFair Forex(UK) LtdRetail Forex License700478Suspicious Clone

What Can I Trade on Fair Forex?

Fair Forex offers traders the opportunity to trade Stocks, indices, forex, commodities, cryptocurrencies.

Tradable Instruments Supported
Stocks✔
Indices✔
Forex✔
Commodities✔
Cryptocurrencies✔
Precious metals❌
Energies❌
Futures❌
Options❌

Account Type

Fair Forex provides 4 types of account types, which are Raw Spread, Standard, Pro and Enterprise.

Account TypeRaw SpreadStandardPro
Min Deposit$50$50$10000
Maximum Leverage1:5001:5001:500
SpreadFrom 0.0 pipsFrom 0.8 pipsFrom 0.0 pips
Commissions Per 1.0 Lot$6$0$5
Max Lot Size5005001000

Fair Forex Fees

Fair Forex'spreads that start from 0.0 pips. Raw Spread Account charges $6 commissions per 1.0 lot. Standard Account charges $0 commissions per 1.0 lot. Raw Spread Account charges $5 commissions per 1.0 lot.

Trading Platform

Fair Forex's trading platforms are MT4, MT5, which support traders on PC, Mac, iPhone and Android.

Trading PlatformSupported Available Devices
MT4 Margin WebTrader✔Web, Mobile
MT5✔Web, Mobile

Deposit and Withdrawal

Fair Forex accepts deposits and withdrawals with Bank Transfer, Visa, MasterCard, Zelle, BTC, Paypal and Cashapp.

MethodCurrencyDeposit FeesWithdrawal FeesDeposit TimeWithdrawl Time
Bank TransferUSD$0$3Same DaySame Day
VisaUSD$0$0Instant2-5 days
MasterCardUSD$0$0Instant2-5 days
ZelleUSD$0$04 hoursSame Day
BTCUSD$0Vary4 hoursSame Day
PaypalUSD$0$04 hoursSame Day
CashappUSD$0$04 hoursSame Day
LeverageForex BrokerForex trading

Related broker

Unverified
Fair Forex
Company name:Fair Forex Ltd
Score
1.39
2-5 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk
Score
1.39

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