Search

FOREX.EE foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://my.forexee.com/Registration, about the company's legal and temporary regulatory information, the company's address First St Vincent Bank Ltd Building, James street, Kingstown, St. Vincent and the Grenadines.

FOREX.EE Forex Broker

No Regulation
FOREX.EE

Rating Index

This rating is sourced from logo
How to login to FOREX.EE?

FOREX.EE Similar Brokers

Latest Reviews

Pros
Affordable minimum deposit options starting at $10 for cryptocurrencies and $50 for other accounts.
Supports scalping, high-speed trading, and algorithmic trading with tight spreads across all account types.
Offers a variety of account types, including STP and ECN, catering to different trading strategies and preferences.
Cons
Lacks regulation from a reputable financial supervisory authority, raising concerns about safety and trustworthiness.
Limited range of payment methods, particularly for electronic wallets, which may inconvenience some traders.
The selection of trading assets is smaller compared to other brokers, with a focus primarily on currency pairs.

Basic Information

Registered Region
United Kingdom
Operating Period
--
Company Name
NTS Systems Ltd
Abbreviation
FOREX.EE
Company employee
--
Customer Service Email Address
support@forexee.com
Contact Number
+442035198249
Company Address
First St Vincent Bank Ltd Building, James street, Kingstown, St. Vincent and the Grenadines
How to login to FOREX.EE?
Forex Ee Complete Account Guide: Registration, Account Opening, and Login Processes In this comprehensive guide, we will walk you through the processes of registering, opening an account, and logging into the Forex Ee platform. Whether you're a beginner or an experienced trader, understanding these processes is crucial for a smooth trading experience. Part One: Account Registration Process How to Register a Forex Ee Account To begin your journey with Forex Ee, you need to create an account. Follow these detailed steps: Accessing the Registration Page: Visit the official Forex Ee website. Look for the “Register” or “Sign Up” button prominently displayed on the homepage. Insert screenshot of registration page here. Filling in Required Information: Fill out the registration form with your personal details, including your name, email address, phone number, and preferred password. Ensure that your password is strong and secure. Accept the terms and conditions, including the client agreement and privacy policy. Email/Phone Verification: After submitting your information, you will receive a verification email or SMS. Click the link in the email or enter the code sent to your phone to verify your account. This step is crucial for account security. Identity Verification (if required): Depending on your region, Forex Ee may require additional identity verification. Prepare documents such as a government-issued ID and proof of address (like a utility bill) to upload if prompted. Registration Confirmation: Upon successful verification, you will receive a confirmation email indicating that your registration is complete. You can now proceed to log in to your Forex Ee account. Common Registration Issues and Solutions Email Not Received: If you do not receive the verification email, check your spam folder. If it's not there, try resending the verification email through the Forex Ee site. Verification Code Invalid: Ensure you enter the code correctly; codes are case-sensitive. If issues persist, request a new code. Regional Restrictions: Some regions may have specific requirements or restrictions. Check Forex Ees website for any regional limitations before registering. Regional Differences in Registration Forex Ee may have different registration processes based on your geographical location. For instance, users from certain countries may need to provide additional documentation or may be restricted from opening accounts altogether. Its advisable to check the specific requirements applicable to your region on the Forex Ee website. Part Two: Forex Ee Account Opening Detailed Guide Explanation of Differences Between Registration and Account Opening While registration creates your main account on Forex Ee, account opening involves setting up specific trading accounts under your main account. You can have multiple trading accounts linked to your single main account. Preparation Work Before Account Opening Before opening a trading account, ensure you have the following: A verified main account with Forex Ee. Necessary identification documents ready for submission. A clear understanding of which type of trading account you wish to open (e.g., ECN, STP). Detailed Account Opening Steps Selecting Account Type: Log in to your Forex Ee account and navigate to the “Add Account” section. Choose the type of account you wish to open (e.g., ECN gross, ECN net). Submitting Required Documents: Depending on the account type, you may need to submit various documents for verification. This usually includes proof of identity and proof of address. Account Review Process: Once you submit your application, Forex Ee will review your documents. This process can take anywhere from a few hours to a couple of days, depending on their workload. Account Activation: Upon approval, you will receive a confirmation email with your new account details, including your account number and trading platform access. Initial Setup: Log into your newly created trading account using the provided credentials. Set up your trading preferences, including leverage and account currency. Frequently Asked Questions About Account Opening How long does it take to open an account? The account opening process can take from a few hours to a couple of days based on document verification. Can I open multiple trading accounts? Yes, you can open multiple trading accounts under your main account, but you are limited to one main account. Next Steps After Opening an Account After opening your trading account, you can deposit funds and start trading. Familiarize yourself with the trading platform and explore the available trading instruments. Part Three: Forex Ee Login Process Explained Basic Web Login Process To access your Forex Ee account, follow these steps: Visit the Forex Ee Login Page: Go to the official Forex Ee website and click on the “Login” button. Enter Your Credentials: Input your registered email address and password. Ensure the details are entered correctly, as they are case-sensitive. Two-Factor Authentication (if enabled): If you have enabled two-factor authentication, enter the code sent to your mobile device. Click on the Login Button: After entering your credentials and any additional authentication codes, click the “Login” button. Access Your Dashboard: Upon successful login, you will be directed to your account dashboard, where you can manage your trading activities. Mobile App Login Process If you prefer using a mobile app, follow these steps: Download the Forex Ee App: Install the app from the Google Play Store or Apple App Store. Open the App: Launch the app and navigate to the login screen. Enter Your Credentials: Just like the web login, input your email and password. Complete Any Additional Security Steps: If you use two-factor authentication, enter the code when prompted. Access Your Account: Tap “Login” to access your trading dashboard. Common Login Issues and Solutions Forgotten Password: If you forget your password, click on the “Forgot Password?” link on the login page. Follow the instructions to reset your password via email. Account Lockout: If you enter incorrect credentials multiple times, your account may be temporarily locked. Contact Forex Ee support for assistance. Technical Issues: If you experience technical difficulties, try clearing your browser cache or reinstalling the app. Ensure that your internet connection is stable. Special Instructions for First-Time Login: For first-time logins, ensure you have completed all verification steps. If prompted, set up your security questions or two-factor authentication. Overview of Features After Login Once logged in, you will have access to various features, including: Viewing your account balance and trading history. Accessing trading tools and market analysis. Making deposits and withdrawals. Managing your trading accounts and settings. Additional Sections Account Security Recommendations Enable Two-Factor Authentication: This adds an extra layer of security to your account. Use Strong Passwords: Create complex passwords and change them regularly. Keep Your Information Private: Do not share your login credentials with anyone. Best Practices for Account Management Regularly Monitor Your Account: Keep an eye on your account activity and transactions. Stay Informed: Follow Forex Ees updates and market news to make informed trading decisions. Use Demo Accounts for Practice: Before trading with real money, use demo accounts to practice your strategies. How to Get Technical Support If you encounter any issues, Forex Ee provides support via: Email: Reach out to support@forex.ee for assistance. Live Chat: Available through the Forex Ee website during business hours. Phone: Call +442035198249 for immediate support. This guide should provide you with the necessary steps and insights to successfully register, open an account, and log into Forex Ee. By following these instructions, you can navigate the Forex Ee platform with confidence.

Forex Ee Broker - Complete Information Guide

1. Broker Overview

Forex.ee is a well-established forex broker that has been operational since 2004. The company is headquartered in Tallinn, Estonia, and operates under the jurisdiction of Saint Vincent and the Grenadines. Forex.ee is privately owned and offers a range of trading services primarily targeting retail clients globally, although it has a particular focus on the Baltic and Scandinavian markets.

Since its inception, Forex.ee has undergone significant development, including the adoption of Electronic Communication Network (ECN) and Straight-Through Processing (STP) technologies in 2013, which enhanced its trading execution capabilities. This transition allowed the broker to provide clients with direct access to liquidity providers, facilitating faster order execution and tighter spreads.

The parent company behind Forex.ee is Netstock Ltd, which emphasizes transparency and reliability in its operations. Forex.ee's business model focuses on retail forex trading, offering various account types and trading instruments, including currency pairs, commodities, and cryptocurrencies.

As a broker, Forex.ee aims to cater to both novice and experienced traders by providing a user-friendly trading environment, competitive pricing, and robust trading platforms. The broker's commitment to delivering high-quality services has positioned it as a notable player in the forex market, making it a preferred choice for many traders.

2. Regulation and Compliance Information

Forex.ee operates under the regulatory oversight of the Ministry of Economic Affairs in Estonia. However, it is important to note that it does not hold a license from any tier-1 regulatory authority, which raises concerns regarding the safety of client funds. The regulatory license number is FF A 000219, but this does not provide the same level of investor protection as licenses from more reputable authorities such as the FCA or ASIC.

The broker's client funds are not kept in segregated accounts, which poses additional risks to investors. Forex.ee does not participate in any investor compensation schemes, further highlighting the potential risks associated with trading through this broker.

To comply with international regulations, Forex.ee implements Know Your Customer (KYC) and Anti-Money Laundering (AML) policies. These measures require clients to verify their identities and provide documentation to prevent fraud and ensure the integrity of the trading environment.

3. Trading Products and Services

Forex.ee offers a diverse range of trading products, primarily focusing on over 45 currency pairs, including major, minor, and exotic pairs. In addition to forex trading, the broker provides access to Contract for Difference (CFD) products, including precious metals like gold and silver, as well as cryptocurrencies such as Bitcoin, Ethereum, and Litecoin.

The broker continually updates its product offerings, ensuring that traders have access to the latest market opportunities. However, the selection of CFDs is somewhat limited compared to other brokers, which may restrict the trading strategies available to clients.

Forex.ee also provides retail trading services, catering to individual traders looking to capitalize on market movements. The broker has introduced Percentage Allocation Management Module (PAMM) accounts, allowing investors to allocate their funds to experienced traders for profit-sharing. This service is designed for clients who prefer a more hands-off approach to trading.

4. Trading Platforms and Technology

Forex.ee supports the widely recognized MetaTrader 4 (MT4) trading platform, which is known for its user-friendly interface and extensive analytical tools. The platform allows traders to execute trades, analyze market conditions, and utilize automated trading strategies through Expert Advisors (EAs).

In addition to MT4, Forex.ee offers the Tick Trader platform, which provides advanced features such as one-click trading and level 2 market depth. This platform is available for desktop, mobile, and web, ensuring that traders can access their accounts and manage their trades from anywhere.

The broker operates on an ECN model, which facilitates direct market access and ensures that trades are executed without dealer intervention. This approach minimizes the risk of requotes and enhances the overall trading experience. Forex.ee's servers are strategically located to provide fast order execution and reliable connectivity.

Furthermore, the broker supports API access for automated trading, allowing traders to integrate their systems and strategies seamlessly.

5. Account Types and Trading Conditions

Forex.ee offers multiple account types to accommodate various trading needs, including:

  • STP Account: Minimum deposit of $50, with spreads starting from 0.5 pips and no additional commission fees.
  • Basic ECN Account: Minimum deposit of $200, with spreads from 0 pips and a commission of $3.5 per lot.
  • Advanced ECN Account: Minimum deposit of $1,000, with a commission of $2.5 per lot.
  • Premium ECN Account: Minimum deposit of $25,000, offering the lowest commission of $1.8 per lot.
  • Crypto Account: Minimum deposit of $10, specifically for trading cryptocurrencies.

Traders can leverage up to 1:500 on forex pairs and metals, while the leverage for cryptocurrencies is limited to 1:3. The minimum trade size across all accounts is 0.01 lots.

Forex.ee also imposes an inactivity fee of $10 per month for accounts that remain inactive for over 90 days, along with a $50 reactivation fee.

6. Fund Management

Forex.ee supports various deposit methods, including bank transfers, credit cards, and several e-wallets such as Skrill, Neteller, and Fasapay. The minimum deposit requirements vary by account type, with the following structure:

  • STP Account: $50
  • Basic ECN Account: $200
  • Advanced ECN Account: $1,000
  • Premium ECN Account: $25,000
  • Crypto Account: $10

Deposits are typically processed instantly, except for bank transfers, which may take 1-5 business days. Forex.ee does not charge any fees for deposits or withdrawals, but clients may incur fees from their payment providers.

Withdrawals can be made through similar methods, with processing times varying from 24 hours for e-wallets to 3-5 business days for bank transfers. The broker has a structured withdrawal fee policy, which may apply based on the chosen method.

7. Customer Support and Educational Resources

Forex.ee offers customer support through various channels, including live chat, email, and phone. Support is available from Monday to Friday, between 7 AM and 4 PM GMT. The broker provides assistance in multiple languages, including English and Russian.

While Forex.ee does not offer extensive educational resources, it provides basic market analysis and trading tools such as calculators and economic calendars. Traders can access daily market updates and utilize trading calculators for margin and pip value calculations.

8. Regional Coverage and Restrictions

Forex.ee serves clients globally, with a focus on regions like Europe and the Baltic states. However, the broker does not accept clients from certain countries, including the United States, Canada, Japan, and several others due to regulatory restrictions.

The brokers operations are primarily based in Estonia and Saint Vincent and the Grenadines, allowing it to cater to a diverse clientele while adhering to local regulations.

In conclusion, Forex.ee provides a comprehensive trading environment with various account types, competitive trading conditions, and a commitment to customer service. However, potential clients should be aware of the regulatory concerns associated with trading through an unregulated broker. With its focus on providing a user-friendly experience and a range of trading instruments, Forex.ee is well-positioned to meet the needs of both novice and experienced traders.

Overall, Forex.ee broker stands out for its innovative trading solutions and commitment to client satisfaction, making it a viable option for those looking to engage in forex and CFD trading.

Latest Reviews

FX1335069569

FX1335069569

Malaysia

Used to trade with it and its mt4 trading surprised me at that time. I left this platform soon, for its withdrawal process were extremely slow. My advice is trying to find some legit broker if you really want to try forex trading.

37130

2023-03-13

FOREX.EE

News

Bank of Russia Blacklisted Forex.ee

News Bank of Russia Blacklisted Forex.ee

The Bank of Russia has added Forex.ee, to the list of firms suspected of engaging in illegal financial dealings. As usual, the regulator did not provide the physical address of the online broker.

FOREX.EE Forex Broker has an overall rating of 1.58, Regulatory Index 0.00, License Index 0.00, Business Index 7.53, Software Index 4.00 Risk Control Index 0.00.