Forex Varsity Forex Broker

Note: Forex Varsity's official website - https://forexvarsity.net/ is currently inaccessible normally.Forex Varsity Review SummaryFounded2018Registered Country/RegionUnited StatesRegulationNo regulationMarket InstrumentsForex, indices, precious metals, energies and CFDsDemo Account/LeverageUp to 1:1000Spread/Trading PlatformMT4Min Deposit$200Customer SupportTel: +1 (315) 916-6432 (Mon - Fri, 8:00-17:00)Email: support@forexvarsity.netSocial media: Facebook, Twitter, YouTube, InstagramAddress: Head Office – Cape Town Seaboard House, Cnr of Blaauwberg Road & Millin Rd, Table View 7441 Forex Varsity was founded in 2018 in the United States, focusing on the forex, indices, precious metals, energies, and CFDs markets. It uses MT4 as its trading platform, with a minimum deposit of $200 and a maximum leverage of 1:1000. However, it is not regulated, and potential risks are relatively high.Pros and ConsPros Cons Diverse tradable assetsInaccessible websiteMT4 supportedLack of regulationPopular payment optionsUnclear fee structureHigh minimum depositIs Forex Varsity Legit? No, it is not regulated by the financial services regulatory authority in the United States, which means that the company lacks regulation from its registration site. Please note the potential risks!What Can I Trade on Forex Varsity? Forex Varsity provides several types of products, including forex, indices, precious metals, energies and CFDs.Tradable Instruments Supported Forex✔CFDs✔Precious Metals✔Energies✔Indices✔Stocks❌Cryptocurrencies❌Bonds❌Options❌ETFs❌Leverage The leverage can be up to 1:1000, which is relatively high. Customers need to consider carefully before investing, because high leverage is likely to bring high potential risks.Trading Platform Forex Varsity uses MT4 as its trading platform, which is a recommended platform for beginners.Trading PlatformSupported Available Devices Suitable forMT4✔PC, web, mobileBeginnersMT5❌/Experienced tradersDeposit and Withdrawal Forex Varsity supports a number of payment options, including bank transfer, Neteller, Skrill, Perfect Money, and Bitcoin. However, other details such as the processing time and fees are not clear.