Forexware Forex Broker

Currently, the official website of Forexware is unable to open.Forexware Review SummaryFounded Year2020Company NameForexwareRegistered Country/RegionUnited StatesRegulationNot regulatedMarket InstrumentsFX, Metals, CFDsDemo AccountAvailableLeverageUp to 1:500SpreadFrom 0.0 pipsTrading PlatformXW Trader, XW Trader Mobile, MT4/5Min Deposit$10Customer SupportPhone: (1) 212-437-8100Online Chat: AvailableEmail: Not mentionedForexware Information Founded 2020 in the United States, Forexware is a trading tool providing FX, metals, and CFDs. Forexware suits traders of all stripes with leverage up to 1:500, spreads from 0.0 pips, and several account kinds. Still, it runs free from governmental supervision.Pros and ConsProsConsCompetitive spreads starting from 0.0 pipsUnregulatedOffers multiple account types, including Islamic accountsHigher minimum deposits for Pro accounts($1000)Diverse trading platforms: XW Trader, MT4/5Is Forexware Legit? Forexware is not regulated by any financial authority.What Can I Trade on Forexware? Forexware provides over 46 currency pairs, metals, and CFDs.Tradable InstrumentsSupportedFX✔Metals✔CFDs✔Stocks❌ETFs❌Cryptocurrencies❌Account Types Forexware offers 4 account types. All accounts include demo options.AttributeStandard AccountCent AccountPro AccountIslamic AccountLeverage1:5001:1001:1001:500Spread0.0 pips0.1 pips0.0 pips0.0 pipsCommission$0.02 per lot$0.002 per lot$0.05 per lot$0.02 per lotMin Deposit$100$10$1,000$100Demo AccountYesYesYesYesForexware Fees Forexware offers spreads starting from 0.0 pips and low commissions. Non-trading fees, such as deposits and withdrawals, are generally free.Fee TypeDetailsSpreadsFrom 0.0 pipsCommission$0.002 - $0.05 per lotDeposit FeeFreeWithdrawal FeeFreeMin Deposit$10 (Cent Account)Processing TimeInstant to 7 business daysTrading Platform Forexware provides popular MT4/5 platform, and XW Trader platform.Trading PlatformSupportedAvailable DevicesSuitable forXW Trader✔DesktopInstitutional and advanced tradersXW Trader Mobile✔Mobile (iOS, Android)On-the-go tradersMT4/5✔Desktop, MobileNovice and experienced tradersDeposit and Withdrawal Forexware supports multiple deposit and withdrawal methods with no fees. The minimum deposit is $10.MethodMin DepositFeesProcessing TimeCredit/Debit Cards$10 - $1,000FreeInstant to 5 daysBank Transfers$10 - $1,000FreeUp to 7 business daysE-Wallets (PayPal, etc.)$10 - $1,000FreeInstant