Fair Trade Option Forex Broker

Basic Information Registered Country/Region United States Regulation No License Minimum Deposit $250 Minimum Spreads N/A Maximum Leverage N/A Trading Platform MT4 trading platform available Trading Assets Crypto, Indices, Forex, Commodities, Shares, Options, ETFs Payment Methods N/A Customer Support Online Chat General Information Registered in the United States, Fair Trade Option is an online forex broker providing a series of trading instruments for its clients, including forex, Commodities, Options, Shares, Indices, and more. Fair Trade Option is not authorized or regulated by any regulatory authority. Please be aware of the risk. Market Instruments Fair Trade Option boasts that clients can get access to a bulk of more than 2,000 financial instruments, which including Forex, Indices, Shares, Options, ETFs, Commodities, Cryptocurrency. How to open an account with Fair Trade Option？ Opening an account with Fair Trade Option is quite easy and simple, with a few steps to follow: 1. Click the “Start Trading” button on the brokers website. 2. Fill up some required details including your name, email address, residence of country, and then submit. 3. After approval, you can start trading with this broker. Aside from live trading accounts, free demo accounts are also available for clients to test this platform and practice their trading skills. Trading Platform Clients of Fair Trade Option are provided with the industry leading MT4 trading platform. the presence of the MT4 is always considered as plus of any broker, as the platform provides a full set of trading tools and features: a number of built-in technical indicators, as well as other perks. Besides, the MT4 is available as desktop, web and mobile app devices. Leverage The maximum trading leverage offered by Fair Trade Option is up to 1:300, which is generous yet risky, as leverage can magnify gains as well as losses. Inexperienced traders are advised to choose a safe ratio no less than 1: 10. Deposit & withdrawal With the Fair Trade Option platform, investors are allowed to make a deposit and withdrawal through multiple payment methods, which include VISA, MasterCard, PayPal, Bank Transfer, Skrill, Ideal, BPAY, GIROPAY, TRUSTLY, MYBANK, and more. Each deposit method has its own minimum deposit level, and further information may be found in the Deposit screen on the trading platform. Customer support Fair Trade Option claims that it provides 7/24 customer support. For general and basic information, clients can visit the FAQ section to find answers, and if they need staff service, they can directly take to this broker via online chat. Besides, you can also follow this broker on some social media platforms, such as Facebook, Twitter, and Instagram. Pros & Cons Some advantages and disadvantages of MyCapital are clearly listed below: Pros Cons MT4 trading platform Not regulated Four types of accounts to choose from High minimum deposit High Spreads Insufficient company info High withdrawal fees Only email support available