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Formax forex broker


formax forex broker

on 44 (0). The companys official website is located. The company is based in London, England and is a pure STP broker, which means that it is a Straight Through Processing. Nevertheless, the company offers a cash incentive of 100 USD for a minimum deposit of 1,000 USD.

formax forex broker

STP stands for Straight Through Processing, which means that trades are automatically routed directly to major liquidity providers such as banks and larger. At Formaxmarket, deposits can be made in USD, GBP and EUR with a processing time of one to five business days, although Islamic and ECN accounts can only be funded.S.

As far as regulation is concerned, its parent company Formax Prime Capital UK Limited is incorporated in the UK and regulated by the UKs Financial Conduct Authority or FCA. WWW address 107 Cheapside, London, United Kingdom, EC2V 6DN. Nevertheless, Formax offers a 100 USD incentive for accounts opened with a minimum deposit of 1,000. Once checked, the customer must log into their account and select the withdrawal button. Because of how information is transmitted through what is known as straight-through-processing (STP) you get total peace of mind there is zero interference from the broker. Licenses, Regulations Security of funds: The confidante trading environment provided by the fact that Formax is regulated by the respected Financial Conduct Authority (FCA, UK). You can also feel reassured by complete transparency when you trade. While MT4 is quite known within the industry for its powerful capabilities and features to enhance trading through comprehensive analytical tools, automation or even the own development, the ZuluTrade delivers an environment to copy orders easily. One of these rules states that a customers funds must be maintained wie kann ich schnell geld verdienen mit 12 in a segregated bank account, with the broker required to hold a minimum of 730,000 EUR to do business. In other words, they cant trade against you as they only STP trades to tier one liquidity providers. There are never any artificial adjustments or interference from a dealing desk.

formax forex broker


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