FairForex-Overview of Spreads, Commissions, Leverage
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 | |
| Founded | 2022 |
| Registered Country/Region | United Kingdom |
| Regulation | VFSC |
| Market Instruments | Stocks, indices, forex, commodities, cryptocurrencies |
| Account Type | Raw Spread, Standard, Pro |
| Leverage | Up to 1:500 |
| Spread | From 0.0 pips |
| Trading Platform | MT4, MT5 |
| Min Deposit | $50 |
| Payment Method | Bank Transfer, Visa, MasterCard, Zelle, BTC, Paypal and Cashapp. |
| Customer Support | Email: 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 instruments | Suspicious clone |
| Low minimum deposit of $50 | No demo trading account |
| Generous leverage up to 1:500 | No 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 Country | Regulated Authority | Regulated Entity | License Type | License Number | Current Status |
| Vanuatu | VFSC | Fair Forex(UK) Ltd | Retail Forex License | 700478 | Suspicious 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 Type | Raw Spread | Standard | Pro |
| Min Deposit | $50 | $50 | $10000 |
| Maximum Leverage | 1:500 | 1:500 | 1:500 |
| Spread | From 0.0 pips | From 0.8 pips | From 0.0 pips |
| Commissions Per 1.0 Lot | $6 | $0 | $5 |
| Max Lot Size | 500 | 500 | 1000 |
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 Platform | Supported | 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.
| Method | Currency | Deposit Fees | Withdrawal Fees | Deposit Time | Withdrawl Time |
| Bank Transfer | USD | $0 | $3 | Same Day | Same Day |
| Visa | USD | $0 | $0 | Instant | 2-5 days |
| MasterCard | USD | $0 | $0 | Instant | 2-5 days |
| Zelle | USD | $0 | $0 | 4 hours | Same Day |
| BTC | USD | $0 | Vary | 4 hours | Same Day |
| Paypal | USD | $0 | $0 | 4 hours | Same Day |
| Cashapp | USD | $0 | $0 | 4 hours | Same Day |
Read more
IronFX Review 2025: Is This Broker Trustworthy or a Scam?
Discover our comprehensive 2025 IronFX review. Explore account types, trading performance, regulation, and user feedback to determine if this broker is trustworthy or a potential scam. Updated June 13, 2025.
Forex Trading Challenges in India
Explore this guide to understand the challenges that deter India's forex market from unleashing its true potential.
The Deepening Roots of Forex Scams in India
Check out how forex scams in India have expanded beyond banks and unregistered brokers to include the informal gang racket duping investors every day.
Trade Nation vs. HYCM: Which Broker Should You Choose?
When it comes to online forex trading, picking the right broker can make a big difference. Two popular choices, Trade Nation and HYCM, that offer different features, rules, and trading conditions. Both are regulated by financial authorities, but they follow different approaches in areas like fees, trading tools, and customer support. This comparison helps traders understand which platform might suit their needs better.
WikiFX Broker
Latest News
Advantages of Using EA VPS for Trading - Detailed Guide
WikiFX$1.1 Million Default Judgement Passed Against Keith Crews in Stemy Coin Fraud Scheme
WikiFXMetaQuotes Rolls Out MT5 Build 5120 with Enhanced Features and Stability Fixes
WikiFXIndian "Finfluencer" Asmita Patel Banned: SEBI Slaps Charges on Her Company, AGSTPL
WikiFXHDFC Bank's Green Push: Empowering 1,000 Villages with Solar Energy
WikiFXSafe-Haven Surge: Gold Shines Amid Market Turmoil
WikiFXWhy Your Stop Loss Keeps Getting Hit & How to Fix It
WikiFXEightcap Secures Dubai License to Expand in MENA Operation
WikiFXImportant Statement on the Authenticity of WikiFX Score and Broker Reviews
WikiFXThe Deepening Roots of Forex Scams in India
WikiFXRate Calc
