Cointradefluxfx Forex Broker

Note: Cointradefluxfx's official website: https://cointradeflux.com is currently inaccessible normally.CointradefluxfxReview SummaryFounded2022Registered Country/RegionUnited StatesRegulationNot regulatedMarket Instrumentsforex, commodities, indices, stocks and cryptocurrenciesDemo Account❌LeverageUp to 1:500SpreadFrom 1.5 pipsTrading PlatformProprietary platform and MT4Min Deposit$250Customer Supportlive chat: 24/7Physical Address: 2617 Court Ground Rd Washington, Georgia CointradefluxFX is an unregulated broker registered in the United States in 2022. It supports trading through MetaTrader 4 and their own proprietary platform. In addition, CointradefluxFX offers three types of accounts, each with varying minimum deposits and leverage up to 1:500. Pros and ConsProsConsMultiple trading choicesNo Legal regulationMultiple account typesNo demo accountsMT4 supportLimited contact channelsLack of transparencyUnavailable websiteIs CointradefluxFX Legit? The domain of CointradefluxFX was registered on February 22, 2022, updated on January 25, 2024, and will expire on February 22, 2025. In addition, CointradefluxFX operates as an unregulated broker, which poses a high risk for you. Consequently, you are advised to avoid this broker.What Can I Trade on CointradefluxFX? CointradefluxFX offers five types of trading instruments, including forex, commodites, etc. and you can look for more details in the following table. However, since the website of CointradefluxFX is unavailable, specific information about each product remains unknown.Tradable InstrumentsSupportedForex✔Commodities✔Indices✔Cryptocurrencies✔Stocks✔Mutual Fund❌Futures❌Account Type/Leverage/Spread The account types offered by CointradefluxFX include Promo, Upgrade, and Diamond accounts. The maximum leverage is up to 1:500, which is relatively high in the industry. However, high leverage entails high risks, and since this broker lacks legal regulation, you are advised to avoid trading with this broker.AccountMin DepositMax LeverageSpreadPromo$3001:500From 0.0 pipsUpgrade$500From 1.6 pipsDiamond$50,000From 0.0 pips Trading Platform Cointradefluxfx claims to offer MetaTrader 4, which includes advanced charting tools, technical indicators, and automated trading. In addition, the company also offers its own proprietary trading platform.Trading PlatformSupportedAvailable DevicesMT4✔Computer and phoneMT5❌/cTrade❌/Proprietary platform✔ComputerDeposit and Withdrawal Cointradefluxfx claims to accept payments using credit/debit cards, Bank Transfer, E-wallets, and Cryptocurrencies. However, since this broker is not subject to any legal regulation and its official website is inaccessible, you are advised not to trust any information they provide.