Introduction
ForexPace is a forex broker that offers its services to traders around the world. The company is headquartered in the Marshall Islands and is regulated by the Financial Services Authority (FSA). It offers a variety of different platforms for its clients to trade on, as well as a number of different account types. In this review, we will take a look at the regulations, platforms, pros, cons, and traders ratings for ForexPace.
Regulation
The FXPace.com trading platform is subject to regulation by the Cyprus Securities and Exchange Commission (CySEC). This regulatory authority is responsible for the supervision of investment firms in Cyprus. The CySEC has a good reputation and is considered to be one of the most respected financial regulators in Europe.
The FXPace.com website is also available in English, Russian, and Chinese. However, it should be noted that the company is not currently accepting clients from the United States.
The FXPace.com trading platform offers two account types – a Standard account and a VIP account. The minimum deposit for a Standard account is $500, while the minimum deposit for a VIP account is $50,000. Both account types offer leverage of up to 1:400 and access to the same trading platforms and features.
The main difference between the two account types is that VIP accounts have lower spreads and more personalized customer service. In addition, VIP account holders are eligible for exclusive bonuses and promotions.
Platforms
-FXPace.com is an online broker that offers forex and CFD trading on the popular MetaTrader 4 platform.
-The broker is registered with the Cyprus Securities and Exchange Commission (CySEC) and offers negative balance protection to its clients.
-FXPace.com also offers a mobile trading app for iPhone and Android devices.
-The MetaTrader 4 (MT4) platform is one of the most popular platforms in the forex industry and is offered by many brokers.
-FXPace.com’s MT4 offering includes advanced charting tools, a wide range of technical indicators, and support for automated trading strategies (EAs).
-The platform can be accessed via desktop, web, or mobile app.
-The FXPace.com mobile trading app is available for iPhone and Android devices and offers all the features of the MT4 platform including real-time quotes, charting tools, and trade execution.
Pros and Cons
When it comes to online trading, there are a lot of options available. So many, in fact, that it can be tough to choose the right one. In this FXPace review, we’ll take a look at the company’s regulation, platforms, pros and cons, and traders’ ratings to help you decide if they’re the right broker for you.
FXPace is a online trading broker that is headquartered in Estonia. The company is regulated by the Estonian Financial Supervision Authority (EFSA). This means that they are held to high standards of financial stability and customer protection.
The company offers two main platforms for trading: the MetaTrader 4 (MT4) and the MetaTrader 5 (MT5). Both of these platforms are widely used by traders around the world and offer a variety of features and tools.
Some of the pros of FXPace include:
– A wide variety of assets to trade including currencies, metals, energies, indices, and more
– Leverage up to 1:500
– Tight spreads starting at 0.0 pips
– Fast and easy account opening process
– 24/7 customer support
On the other hand, some of the cons of FXPace include:
– No US clients accepted
– Limited research and educational resources
Traders Ratings
FXPace is an online broker that offers forex and CFD trading. The company is headquartered in Estonia and is regulated by the Financial Supervisory Authority (FSA).
The broker offers two account types – Standard and ECN. Both account types offer leverage of up to 1:500 and a minimum deposit of $100. Spreads start at 0.1 pips for the Standard account and 0.0 pips for the ECN account.
FXPace provides the MetaTrader4 (MT4) trading platform for desktop, web, and mobile devices. The broker also offers a free demo account with virtual money to practice trading before live trading with real money.
FXPace has been rated 4 out of 5 by traders on Forex Peace Army. The majority of reviewers have given the broker positive ratings for its low spreads, fast execution, and good customer service. However, some reviewers have given negative ratings due to issues with withdrawals and platform glitches.
Conclusion
All in all, FXPace is a reliable and trustworthy broker that offers a great trading experience. The company is fully regulated and compliant with all the necessary rules and regulations, which gives traders peace of mind when dealing with their funds. The trading platforms are user-friendly and packed with features, while the customer support team is always on hand to help with any queries or issues. If you’re looking for a new broker, we recommend giving FXPace a try.