TudoFX -The overview of minimum deposit, leverage, spreads

TudoFX | 2024-11-22 18:49

摘要：TudoFX was established in Australia in 2021 and is not regulated. It offers forex currency pairs, CFDs, and cryptocurrencies trading and supports the mainstream trading platform MT4. Its leverage is 1:100, with a high spread of 2.4 pips on the Basic account and a minimum deposit of 250 USD.

Note: TudoFX's official website: https://tudofx.com/ is currently inaccessible normally.

TudoFXReview Summary
Founded	2021
Registered Country/Region	Australia
Regulation	Unregulated
Market Instruments	Forex currency pairs, CFDs, cryptocurrencies
Demo Account	/
Leverage	Up to 1:100 (forex)
Spread	2.4 pips (Basic account)
Trading Platform	MT4
Min Deposit	$250
Customer Support	Tel: +611800575035
Customer Support	Email: support@tudofx.com

TudoFX was established in Australia in 2021 and is not regulated. It offers forex currency pairs, CFDs, and cryptocurrencies trading and supports the mainstream trading platform MT4. Its leverage is 1:100, with a high spread of 2.4 pips on the Basic account and a minimum deposit of 250 USD.

Pros and Cons

Pros	Cons
Flexible leverage ratios	Inaccessible website
MT4 platform	Unregulated status
	Wide spreads
	No commission-free account
	High minimum deposit
	No popular payment options
	High withdrawal fee
	Inactivity fee charged

Is TudoFX Legit?

No, TudoFX is not regulated. Traders should carefully consider the risks it brings when choosing to trade with it.

What Can I Trade on TudoFX?

Tradable Instruments	Supported
Forex currency pairs	✔
CFDs	✔
Cryptocurrencies	✔
Bonds	❌
Options	❌
ETFs	❌

Account Type

TudoFX offers five types of accounts: Basic, Silver, Gold, Platinum, and VIP.

Account Type	Min Deposit	Max Deposit
Basic	$250	$2,499
Silver	$2,500	$9,999
Gold	$10,000	$74,999
Platinum	$75,000	$149,999
VIP	$150,000	$Unlimited

Leverage

Account Type	Forex Leverage	Crypto Leverage
Basic	1:50	1:1-1:2
Silver	1:100	1:3-1:5
Gold		1:5-1:10
Platinum		1:10-1:20
VIP		1:10-1:20

It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spread and Commission

Account Type	Min Spread	Commission
Basic	2.4 pips	5%
Silver	2.1 pips	4%
Gold	1.8 pips	3%
Platinum	0.6 pips	2.5%
VIP	2.2 pips	1.5%

Trading Platform

TudoFX claims to provide a very advanced trading platform and industry-standard MetaTrader4. However, its authenticity is in doubt.

Trading Platform	Supported	Available Devices	Suitable for
WebTrader	✔	Web	/
MT4	✔	/	Beginners
MT5	❌	/	Experienced traders

Deposit and Withdrawal

There are two options in the Tudofx deposit menu – cryptocurrencies and payment methods specific to Brazil – Ted, Pix and Boleto.

The fees for withdrawal and deposit are not fixed, but vary with the requirements of TudoFX.

According to the terms and conditions of TudoFX, a high fee of 5% is charged for each withdrawal from the account. It also stipulates that all funds in the account, except for the funds directly deposited, including any profits, are not considered as the client's funds, and Tudofx has the right to “reclaim any and all such funds.”