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CentralFx Markets

CentralFx Markets | 2024-10-12 11:08

Abstract: CentralFx Markets is a global brokerage firm based in the United Kingdom. It offers traders Forex and CFDs as market instruments with three different account types, allowing for high leverage up to 1:1000 and flexible spreads. However, CentralFx Markets is currently not regulated by any recognized financial authorities.

CentralFx MarketsReview Summary
Founded2-5 years
Registered Country/RegionUnited Kingdom
RegulationNot regulated
Market InstrumentsForex, CFDs, Stock Indices, Commodities, Cryptocurrencies
Demo AccountNot Mentioned
LeverageUp to 1:1000
SpreadStarting from 1.5 pips
Trading PlatformWeb-based platform
Min Deposit$250
Customer SupportSupport@CentralFxMarkets.com

CentralFx Markets Information

CentralFx Markets is a global brokerage firm based in the United Kingdom. It offers traders Forex and CFDs as market instruments with three different account types, allowing for high leverage up to 1:1000 and flexible spreads. However, CentralFx Markets is currently not regulated by any recognized financial authorities.

CentralFx Markets Information

Pros and Cons

ProsCons
  • High leverage up to 1:1000
  • Lack of regulation
  • Offers three different account types with flexible spreads
  • High minimum deposit
  • Limited information on withdrawal
  • Limited customer support

Is CentralFx Markets Legit?

CentralFx Markets is not regulated by any major financial authorities, meaning there is no guarantee that it is a safe platform to trade with.

What Can I Trade on CentralFx Markets?

CentralFx Markets offers many market instruments, primarily focusing on forex and CFDs (Contracts for Difference). Also, CentralFx Markets offers CFDs on various assets, including stock indices, commodities, cryptocurrencies, and more.

Tradable InstrumentsSupported
Forex✔
Commodities✔
Stock✔
Indices✔
Cryptocurrency✔
Shares❌
Metals❌
What Can I Trade on CentralFx Markets?

Account Type

CentralFx Markets provides three account types, namely Bronze, Silver, and Gold, each requiring a minimum deposit of USD 250, USD 1000, and USD 5000, respectively. You can compare the three accounts on the following sheet.

Account TypeMinimum DepositPlatformsSpreads (pips)LeverageFeatures
Bronze$250-3.31:300Live Chart Support
Silver$1,000All Available2.21:700Live Chart Support
Gold$5,000All Available1.51:1000Live Chart Support
Account Type

CentralFx Markets Fees

CentralFx Markets offers high leverage up to 1:1000 for Gold-account users, and also flexible spread choices from 1.5, 2.2 to 3.3.

Account TypeSpreads (pips)Leverage
Bronze3.31:300
Silver2.21:700
Gold1.51:1000

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
Web-based platform✔PCInvestors of all experience levels
MT4/MT5❌PC and MobileInvestors of all experience levels

Deposit and Withdrawal

While CentralFx Markets has a minimum deposit for each account, the fees and processing time are not specified. Information on withdrawal is not provided.

Deposit Options

Deposit OptionsMin. DepositFeesProcessing Time
Bronze$250N/AVaries
Silver$1,000N/AVaries
Gold$5,000N/AVaries

Related broker

No Regulation
CentralFx Markets
Company name:CentralFx Markets
Score
1.44
Website:https://centralfxmarkets.com/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.44

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