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FLAIYY

WikiFX | 2024-10-22 18:21

Abstract:FLAIYY operates as a global broker with its headquarters located in the United States. A diverse selection of trading instruments is available, featuring CFDs on forex, commodities, and indices. Nonetheless, a significant drawback is the absence of clarity regarding registration and customer support information.

FLAIYYReview Summary
FoundedNot mentioned
Registered Country/RegionUnited States
RegulationUnregulated
Market InstrumentsForex, Commodities, Indices, CFDs
Demo Account✅
LeverageUp to 1:500
SpreadFrom 0.0 pips
Trading PlatformMetaTrader 5 web platform, MetaTrader 5 mobile platform
Min DepositNot mentioned

FLAIYY Information

FLAIYY operates as a global broker with its headquarters located in the United States. A diverse selection of trading instruments is available, featuring CFDs on forex, commodities, and indices. Nonetheless, a significant drawback is the absence of clarity regarding registration and customer support information.

FLAIYY Information

Pros and Cons

ProsCons
Low spreads from 0.0 pipsNo mention of customer support information
Leverage up to 1:500Not available to U.S. clients
Free Forex training and 24/7 support

Is FLAIYY Legit?

FLAIYY is unregulated now.

Is FLAIYY Legit?

What Can I Trade on FLAIYY?

FLAIYY offers a selection of over-the-counter CFDs on various instruments, including currency pairs, commodities, and indices.

Tradable InstrumentsSupported
Forex✔
Commodities✔
Indices✔
Shares❌
What Can I Trade on FLAIYY?

Account Types

FLAIYY offers two main types of live trading accounts: the Standard Account and the ECN Account. It also provides a Demo Account for beginners and those looking to practice.

The biggest differences between the Standard Account and the ECN Account are that the Standard Account offers 0 commission with spreads starting from 1 pip, the ECN Account has spreads starting from 0.0 pips but charges a $6 commission per round trade.

Account Types

FLAIYY Fees

FLAIYY offers competitive spreads starting from 0.0 pips to 11.4 pips across many trading asset, with no commissions for some accounts.

Trading AssetSpread RangeCommission
CurrencyFrom 0.0 pips to 0.5 pips$0.00
CommoditiesFrom 0.2 pips to 11.4 pips$0.00
IndicesFrom 0.2 pips to 1.9 pips$0.00

Trading Platform

FLAIYY provides MetaTrader platform with PC and Mobile versions.

Trading PlatformSupportedAvailable DevicesSuitable for
MetaTrader Web✔Web-basedIntermediate and experienced
MetaTrader Mobile✔Mobile devicesMobile traders
Trading Platform
Trading Platform

Deposit and Withdrawal

FLAIYY hasn't provided withdrawal fee details. The minimum deposit amount is not clearly mentioned, too.However,it provides 5 funding methods: Mastercard, VISA, Neteller, Skrill and Bank transfer.

Funding MethodsMin. DepositFeesProcessing Time
MastercardNot specifiedNo feesInstant
VISANot specifiedNo feesInstant
NetellerNot specifiedNo feesInstant
SkrillNot specifiedNo feesInstant
Bank transferNot specifiedNo fees1-3 business days
Deposit and Withdrawal

Related broker

No Regulation
FLAIYY
Company name:FLAIYY Limited
Score
1.29
Website:https://www.flaiyy.vip
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.29

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