Company profile
ForrestFX Review SummaryFounded2023-02-14Registered Country/RegionUnited KingdomRegulationUnregulatedMarket InstrumentsCurrencies/Stocks/Indices/Commodities/CryptoDemo AccountNot mentionedLeverageUp to 1:400SpreadNot mentionedTrading PlatformWeb Trading PlatformMin DepositNot mentionedCustomer SupportNot mentionedForrestFX Information ForrestFX is a broker. The tradable instruments with a maximum leverage of 1:400, include currencies, stocks, indices, commodities, and crypto. Because the ForrestFX official website is out of order and inoperable, traders cannot obtain more comprehensive fee and account information, and security is relatively low. In addition, ForrestFX is risky due to its unregulated status and high leverage.Pros and ConsPros Cons Various trading instrumentsUnregulatedLeverage up to 1:400Unspecific fees and account informationFaulty official websiteIs ForrestFX Legit? ForrestFX is not regulated, which makes it less safe than regulated brokers.What Can I Trade on ForrestFX? Traders can choose different investment directions because the broker provides currencies, stocks, indices, commodities, and crypto trading. Commodities are composed of crude oil, natural, and precious metals.Tradable Instruments Supported Currencies✔Stocks✔Indices✔Commodities✔Crypto✔Leverage The maximum leverage is 1:400 meaning that profits and losses are magnified 400 times.Trading Platform ForrestFX provides a proprietary web trading platform instead of the authoritative MT4/MT5.Trading PlatformSupported Web Trading Platform✔Deposit and Withdrawal ForrestFX provides multiple deposit and withdrawal methods, including VISA, MasterCard, bank transfer, etc. However, transfer processing times and associated fees are unknown.
Is ForrestFX safe or scam