ForexEE

FOREX.EE | 2024-10-18 12:04

Abstract：ForexEE is a financial trading company. The minimum deposit requirement is set at $50. ForexEE provides a diverse array of tradable assets traded on MT4. It offers many types of live accounts, demo and Islamic accounts. However, it is under unregulated status and the traders from the U.S. have no access to trade with it.

Note: FOREX.EE' official website: https://www.forexee.com/ is currently inaccessible normally.

FOREX.EE Review Summary
Founded	2013
Registered Country/Region	United Kingdom
Regulation	Unregulated
Market Instruments	45 currency pairs, gold and silver
Demo Account	✅
Leverage	Up to 1:500
Spread	From 0.5 pips (STP account)
Trading Platform	MT4
Min Deposit	$50
Customer Support	Phone: +44 2035198249
	Email: support@forexee.com
	Address: First St Vincent Bank Ltd Building, James street, Kingstown, St. Vincent and the Grenadines

ForexEE is a financial trading company. The minimum deposit requirement is set at $50. ForexEE provides a diverse array of tradable assets traded on MT4. It offers many types of live accounts, demo and Islamic accounts. However, it is under unregulated status and the traders from the U.S. have no access to trade with it.

Pros and Cons

Pros	Cons
MT4 available	Not regulated
Flexible leverage ratios	Inaccessible website
Low spreads	Commissions and inactive fees charged
	Regional restriction

Is FOREX.EE Legit?

FOREX.EE has no regulation. Besides, as of now, their website is not available.

What Can I Trade on FOREX.EE?

FOREX.EE offers trading in 45 currency pairs, gold and silver.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Indices	✔
Cryptocurrencies	❌
Shares	❌
ETFs	❌
Bonds	❌
Mutual Funds	❌

Account Type

FOREX.EE offers five types of accounts: the STP, Basic ECN, Advanced ECN, Premium ECN and Crypto accounts with the minimum deposit of $50, $200, $1,000, $25,000 and $10 respectively. Besides, their demo and Islamic accounts are also available.

Leverage

Forex.ee provides various leverage options to different account types: STP (1:500), Basic ECN (1:500), Advanced ECN (1:500), Premium ECN (1:200), and Crypto accounts (1:3). Higher leverage can amplify potential profits, but it also escalates risk.

FOREX.EE Fees

FOREX.EE also offers spreads and charges commissions on each account types. Furthermore, the broker charges traders a $10 monthly maintenance fee for accounts inactive for 90 days or more. Additionally, they also impose a $50 reactivation fee for accounts wishing to resume trading. The details are as follows:

Account Type	Spreads	Commission
STP	From 0.5 pips	❌
Basic ECN	From 0 pips	3.5 units of base currency per 1 lot
Advanced ECN		2.5 units of base currency per 1 lot
Premium ECN		1.8 units of base currency per 1 lot
Crypto	Depends on liquidity	0.5% of trade volume in base currency

Trading Platform

Forex.ee offers support for MetaTrader 4 (MT4). MT4 is accessible through desktop downloads and mobile applications.The MT4 terminal is a trading software that equips traders with all essential tools and resources.