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Abstract:FX Farms is a Forex and CFD broker based in the UK and is not currently regulated in any way.
Basic Information & Regulation
FX Farms is a Forex and CFD broker based in the UK and is not currently regulated in any way.
Safety Analysis of FX Farms
The most important factor in measuring the security of a Forex broker is whether or not it is formally regulated. FX Farms is currently an unregulated broker, which means that the safety of users' funds and trading activities are not effectively protected. Investors should be careful to stay away from this FX Farms forex broker.
Market Instruments of FX Farms
FX Farms offers investors a wide range of trading products and services, including bonds, commodities, cryptocurrencies, forex currency pairs, futures, and stocks.
Account Types of FX Farms
FX Farms offers five different investment plans: Basic ($25-$1,500 deposit), Trader ($1,501-$10,000 deposit), Lead ($10,001-$25,000 deposit), Eagle ($25,100-$55,000 deposit), and President ($55,000+ deposit).
Trading Platform Available
FX Farms offers traders a non-MT4/MT5 trading platform.
Deposit and Withdrawal of FX Farms
FX Farms supports traders to deposit and withdraw funds via Bitcoin, Perfect Money, Payeer, Ethereum, and Tether. There is a 9% withdrawal (admin fee).
Pros & Cons of FX Farms
The main advantages of FX Farms are:
Wide Variety of Assets
The main disadvantages of FX Farms are:
1. Not Subject to Any Regulation
2. High Deposits
3. Few Withdrawal Options and High Fees
4. Non-MT4/MT5 Trading Platforms
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.