ContinueFX Forex Broker

Note: ContinueFX's official website https://www.continuefx.com/ is currently inaccessible normally.ContinueFXReview SummaryFounded2017Registered Country/RegionSaint Vincent and the GrenadinesRegulationNo regulationMarket InstrumentsCurrency pairs, indices, commodities, cryptosDemo Account/LeverageUp to 1:200SpreadFloating from 2.2 pipsFixed from 3 pipsTrading PlatformMT5Min Deposit$100Customer SupportTel: +971561331987Email: support@continuefx.com ContinueFX is a forex and CFD broker, a trade brand owned by Continue Markets Limited, which claims to be registered in Saint Vincent and the Grenadines. There is zero evidence that Continue FX is an regulated broker, so it is unsafe to trade with this broker.Pros and ConsPros Cons MT5 providedInaccessible websiteLack of regulationNo demo accountsWide spreadsNo MT4Is ContinueFX Legit? ContinueFX is not regulated by the financial services regulatory authority in Saint Vincent and the Grenadines, which means that the company lacks regulation from its registration site.What Can I Trade on ContinueFX? Continue FX advertises that it can offer a wide range of financial products, including currency pairs, indices, commodities, as well as cryptos.Tradable Instruments Supported Currency pairs✔Commodities✔Indices✔Cryptos✔Stocks❌Bonds❌Options❌ETFs❌Mutual Funds❌Account Type ContinueFX offers 3 types of accounts, including Classic Account, Standard Account, and Premium Account. The entry level at ContinueFX is set at $100. We consider this to be fine. However, traders are still not advised to register real trading accounts here given the fact that ContinueFX is an unregulated broker.Account TypeMin DepositClassic $100Standard $2,500Premium $20,000Leverage The maximum leverage at ContinueFX is 1:200, which should satisfy most traders. If you want to utilize even higher levels of gearing, you are probably too aggressive of a trader. This can lead to massive losses, especially if you have little experience in the market.Spread ContinueFX offers a choice between fixed and variable spreads, according to their website. The costs of trading start from 3 and 2.2 pips respectively. These levels are both not that competitive in todays environment.Trading Platform The platform provided by ContinueFX is MetaTrader5 (MT5). This is the successor of the most popular industry solution MetaTrader4 and only builds upon its glory. Charting is still on the same top-tier level, with additional functionality, such as having the high-impact economic releases plotted on the chart. Additionally, there is a new iteration of the MQL marketplace, where traders can obtain custom tools, such as new technical indicators and automated trading systems. That being said, the old ones are not compatible with the new platform.Trading PlatformSupported Available Devices Suitable forMT4❌/BeginnersMT5✔Web, desktop, mobileExperienced tradersDeposit and Withdrawal ContinueFX accepts payments via Credit Cards, Skrill, Nereller, China Union Pay, and CashU. However, other detailed information, such as the processing time and fees, is not clear.