Forexiw Forex Broker

ForexiwReview SummaryFounded2024Registered Country/RegionComorosRegulationAOFA (Offshore Regulated)Market InstrumentsStocks, Indices, Futures, Forex, CommoditiesDemo Account✅LeverageUp to 1:2000SpreadFrom 1 pip (Standard account)Trading PlatformMetaTrader 5/Web PlatformMin Deposit$5Customer Support24/7 supportTel: +1 (213) 459-0003Email: Info@Forexiw.comFacebook, Instagram, Twitter, YouTube, etcAddress: 1652, Tamani Arts OfficeBusiness Bay, Dubai, UAE Forexiw is a regulated online CFD broker, launched in February 2024, that provides users with the easy-to-use MT5 trading platform for trading such financial instruments as forex, commodities, and stocks with leverage up to 1:2000 and spread from 0.0 pips. Demo accounts are available and the minimum deposit requirement to open a live account is just $5.Pros and ConsPros Cons Diverse market instrumentsNew to the marketDemo accountsOffshore regulationMultiple account typesOnly crypto payment optionsFlexible leverage ratiosCommission-free account offeredSupport MT5Low minimum deposit24/7 supportIs Forexiw Legit? Forexiw is regulated by AOFA with the license number L15653/FM. However, its current status is offshore regulated.Regulated CountryRegulated AuthorityCurrent StatusRegulated EntityLicense TypeLicense NumberAnjouan Offshore Finance Authority (AOFA)Offshore RegulatedForexiw Markets LtdRetail Forex LicenseL15653/FMWhat Can I Trade on Forexiw?Tradable Instruments Supported Stocks✔Indices✔Futures✔Forex✔Commodities✔Cryptocurrencies❌Bonds❌Options❌ETFs❌Account TypeAccount TypeCentStandardECNPro ECNMin Deposit$5$50$100$5000Min Lot0.00010.010.010.01Stop out50%50%40%30%Instruments3030102230Demo×√√√Leverage Forexiw offers flexible leverage up to 1:2000, which can potentially bring high returns, but it also comes with high risks.Account TypeMax LeverageCent1:2000Standard1:500ECNPro ECN1:300Forexiw FeesAccount TypeSpreadCommissionCentFrom 1 pip¢5 per lotStandardFrom 1 pip❌ECNFrom 0.0 pips$5 per lotPro ECNFrom 0.0 pips$3.5 per lotTrading PlatformTrading PlatformSupported Available Devices Suitable for WebTrader✔Web/MT5✔/Experienced tradersMT4❌/BeginnersDeposit and WithdrawalPayment Options Min Deposit/Withdrawal Fees Deposit Time Withdrawal TimeTRC2015 USDT/ImmediatelyWithin 3 minutesERC2030 USDT