CFx Trading Spreads, leverage, minimum deposit Revealed

WikiFX | 2022-12-21 17:31

Abstract：CFx Trading is allegedly a multi-asset broker registered in the United Kingdom that claims to provide its clients with various tradable financial instruments with tight spreads and no commissions, as well as 24/5 customer support service.

　　Risk Warning

　　Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

　　General Information & Regulation

Feature	Detail
Regulation	No regulation
Market Instrument	Forex, stocks, commodities and cryptocurrencies
Account Type	N/A
Demo Account	N/A
Maximum Leverage	N/A
Spread	N/A
Commission	no
Trading Platform	N/A
Minimum Deposit	$500
Deposit & Withdrawal Method	Popular methods: Bitcoin, Ethereum, Litecoin, Bank transfer

　　CFx Trading is allegedly a multi-asset broker registered in the United Kingdom that claims to provide its clients with various tradable financial instruments with tight spreads and no commissions, as well as 24/5 customer support service. Here is the home page of this brokers official site:

　　As for regulation, it has been verified that CFx Trading currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.02/10. Please be aware of the risk.

　　Market Instruments

　　CFx Trading advertises that it offers access to a wide range of trading instruments in financial markets, including forex, stocks, commodities and cryptocurrencies.

　　Spreads& Commissions

　　CFx Trading claims to offer tight spreads and no commissions.

　　Deposit & Withdrawal

　　CFx Trading says to work with numerous means of deposit and withdrawal choices, consisting of Popular methods: Bitcoin, Ethereum, Litecoin, and Bank transfer. ·Minimum investment balance is the equivalent of $500. No deposit and withdrawal commission fee is charged.

　　Customer Support

　　CFx Tradings customer support can be reached by telephone: +44 786 8761 503, email: support@cfxtrade.org or send messages online to get in touch. Company address: 15 Corley Avenue, Birmingham, England, B31 3UH.

　　Pros & Cons

Pros	Cons
• a variety of trading assets	• No regulation
• a variety of trading assets	• Lack of transparency
	• High minimum deposit ($500)

　　Frequently Asked Questions (FAQs)

Q 1:	Is CFx Trading regulated？
A 1:	No. It has been verified that CFx Trading currently has no valid regulation.

Q 2:	What is the minimum deposit for CFx Trading？
A 2:	The minimum initial deposit at CFx Trading is said to be $500.

Q 3:	Does CFx Trading charge a fee？
A 3:	Like every forex broker, CFx Trading charges a spread fee. But no commission is charged.

Q 4:	Is CFx Trading a good broker for beginners？
A 4:	No. CFx Trading is not a good choice for beginners. Not only because of its unregulated condition, but also because of its lack of transparency and high initial deposit.