Company profile
Free Forex Review Summary Founded2007 Registered Country/RegionAnguilla RegulationNo Regulation Market InstrumentsForex Demo Account✅ LeverageUp to 1:1000 EUR/USD Spread From 1.2 pips Trading PlatformsWeb, mobile app Minimum Deposit$0 Customer SupportLive chat (24/5 support) Phone: +52 3385261081, +381 14500319 Email: sales@freefx.com, support@freefx.com, helpdesk@freefx.com Twitter, Facebook Address: No. 9 Cassius Webster Building, Grace, Complex, PO Box 1330, The Valley, AI-2640 Anguilla Kosmajska 6, Valjevo, 14000 Serbia Founded in 2007 and registered in Anguilla, Free Forex is an unregulated comany offering forex trading. It claims to offer a $0 minimum deposit and high leverage of up to 1:1000. Trading is available via web and a mobile app, but popular platforms like MT4 and MT5 are unsupported.Pros and Cons Pros Cons Demo accountS availableNo regulation Multiple customer support channelsLimited info on accounts No minimum depositLimited info on trading fees Lack of info on trading platforms High leverage risksIs Free Forex Legit? Free Forex currently lacks valid regulations. Its domain was registered on June 12, 2007, and the current status is “client Transfer Prohibited”. Please be aware of the risks!What Can I Trade on Free Forex? It seems that Free Forex only offers forex trading. But we cannot verify this due to limited information.Account Type Free Forex claims to offer professional ECN with no minimum deposit. However, we cannot find detailed account info.Leverage Free Forex claims to offer a very high maximum leverage of up to 1:1000. It's really risky especially since this firm is unregulated.Spreads and Commissions The spread for EUR/USD starts from 1.2 pips. There is no detailed info about commission.Trading Platform Trading PlatformSupported Available Devices Suitable for Proprietary platform✔iPhone, Android, Windows/ MT4❌/Beginners MT5❌/Experienced tradersDeposit and Withdrawal Free Forex supports payment methods through VISA and MasterCard. Other detailed info like deposit/withdrawal fees and processing time are unknown.
Is Free Forex safe or scam