Contra FX Forex Broker

Note: Contra FX's official website: https://contrafx.com is currently inaccessible normally.Contra FX Review SummaryFounded2011Registered Country/RegionBelgiumRegulationNo RegulationMarket InstrumentsCurrencies, indices, shares, ETFs, CFDs and commoditiesDemo Account✔LeverageUp to 1:500SpreadFrom 0.8 pipsTrading PlatformMetaTrader 4, MT4 Mobile and Contra FX Pro trading platformMinimum Deposit$5000Customer Support24/7 live chatPhone: +32 78480563Email: contactsonline@contrafx.comAddress: 126 Bulevar Anspach Brussels, Belgium Registered in 2011, Contra FX is an unregulated financial company based in Belgium. It claims to offer trading on currencies, indices, shares, ETFs, CFDs and commodities.Pros and ConsProsCons/Non-functional WebsiteLack of TransparencyNo RegulationIs Contra FX Legit? At present, Contra FX lacks valid regulation. Its domain was registered on July 18, 2011, and the current status is “clientDeleteProhibited, clientRenewProhibited, clientTransferProhibited, clientUpdateProhibited”. Please pay high attention to the safety of your funds if you choose this broker. What Can I Trade on Contra FX? On Contra FX, you can trade with currencies, indices, shares, ETFs, CFDs and commodities.Tradable InstrumentsSupportedForex❌CFDs✔Commodities✔Indices✔Cryptocurrencies❌Shares✔ETFs✔Bonds❌Mutual Funds❌Account Type/Leverage/Spread & Commission Contra FX provides Individual/Joint, Corporate, and Trust Accounts.Account TypeIndividual/Joint AccountCorporate AccountTrust AccountMin Deposit$5,000$10,000$100,000Max Leverage1:5001:5001:500Spread0.8 pips0.8 pips0.8 pipsCommission❌❌❌Demo Account✔✔✔Trading Platform Contra FX offers MetaTrader 4, MT4 Mobile and Contra FX Pro trading platforms.Deposit and Withdrawal Contra FX supports bank transfer and debit/credit cards.