Introduction
If you’re looking for an online broker that offers forex trading, you may have come across FXTradersEdge.com. But is this broker legit or a scam? In this review, we’ll take a look at everything you need to know about FXTradersEdge.com, including whether or not they accept USA traders.
What is FXTradersEdge.com?
FXTradersEdge.com is a website that provides trading information and analysis for the foreign exchange (forex) market. The site offers a variety of resources for forex traders, including an economic calendar, live forex quotes, technical analysis tools, and educational articles. FXTradersEdge.com also provides a demo account so that users can practice trading with virtual currency before opening a real account. The website is owned and operated by Traders Edge Holdings Ltd., a company based in the Seychelles.
Is FXTradersEdge.com a Legit or Scam?
FXTradersEdge.com is a new online foreign exchange trading platform that has been created by a team of experienced traders. The website is designed to provide users with a simple and easy to use interface, while also offering a wide range of features and tools.
The company is based in the Seychelles and is regulated by the Financial Services Authority (FSA). FXTradersEdge.com offers a number of different account types, including a demo account so that new users can try out the platform before committing to a real money account.
One of the most appealing aspects of FXTradersEdge.com is that it accepts clients from all over the world, including the United States. This is something that not all online forex brokers are able to do.
So, what else does FXTradersEdge.com have to offer? Let’s take a closer look in this review.
Does FXTradersEdge.com Accept USA Traders?
Yes, FXTradersEdge.com does accept USA traders! They are one of the few online brokerages that do so, and they offer a variety of account types to suit the needs of all kinds of traders. Whether you’re a beginner or an experienced trader, you’ll be able to find an account type that’s right for you.
Account Types and Opening an Account with FXTradersEdge.com
When you visit FXTradersEdge.com, the first thing you’ll notice is that they offer two account types: Standard and ECN. Both of these account types allow you to trade with leverage up to 1:500 and deposit as little as $100.
The main difference between the two accounts is that the ECN account gives you access to a true ECN environment with raw spreads starting at 0 pips. The Standard account, on the other hand, uses a dealing desk model and spreads are fixed at 3 pips.
To open an account with FXTradersEdge.com, simply click on the “Open Live Account” button on their homepage and fill out the online form. You will then be contacted by a customer service representative to complete the process. Please note that FXTradersEdge.com does not accept traders from the USA.
The Trading Platforms Offered by FXTradersEdge.com
At FXTradersEdge.com, we offer a variety of different trading platforms to our clients in order to best suit their individual trading needs and preferences. Some of the different types of trading platforms that we offer include the following:
MetaTrader 4 (MT4): This is one of the most popular and widely used forex trading platforms in the world. It is highly user-friendly and offers a variety of features and tools that can be used by both beginner and experienced traders.
WebTrader: This is our web-based trading platform that can be accessed from any internet-connected device. It is perfect for those who want to trade on the go or who do not want to download any software.
Mobile Trading App: We also offer a mobile trading app for iPhone, iPad, and Android devices that allows our clients to trade from anywhere at anytime.
These are just some of the different types of trading platforms that we offer at FXTradersEdge.com. Contact us today to learn more about which platform would be best for you!
The Assets Available for Trading at FXTradersEdge.com
At FXTradersEdge.com, we offer a variety of assets for trading, including:
-Forex pairs: EUR/USD, USD/JPY, GBP/USD, USD/CHF, AUD/USD, NZD/USD, USD/CAD
-Major indices: S&P 500, Dow Jones Industrial Average, Nasdaq Composite
-Commodities: Gold, Silver, Crude Oil, Natural Gas
-Cryptocurrencies: Bitcoin, Ethereum, Litecoin
We also offer a variety of account types to suit your needs and budget. Whether you’re a beginner or an experienced trader, we have an account type that’s right for you.
Deposits and With
Deposits and Withdrawals
It is always important to check the deposit and withdrawal options of a forex broker before signing up. FXTradersEdge.com offers its clients a variety of deposit and withdrawal methods, which is great. However, it does not accept deposits or withdrawals from US clients, which is something to keep in mind if you are based in the States.
The minimum deposit amount on FXTradersEdge.com is $100, which is average for the industry. The maximum leverage offered is 1:200, which is pretty high compared to other brokers. The spreads are also very competitive, starting at just 0.9 pips on EUR/USD pairs.
As for withdrawals, FXTradersEdge.com charges a $25 fee for wire transfers and $20 for credit/debit card withdrawals. While these fees are not too high, some other brokers do not charge any fees for withdrawals, so this is something to keep in mind. Overall, the deposit and withdrawal options on FXTradersEdge.com are good, but there are some drawbacks that should be considered before signing up.