FX Cartage Forex Broker

FX CartageReview SummaryFounded2023-07-26Registered Country/RegionSaint LuciaRegulationUnregulatedMarket InstrumentsForex/Commodities/Spot indices/Cryptocurrencies/Spot metals/Futures/CDFsDemo Account✅LeverageUp to 1:500SpreadFrom 0.2 pipsTrading PlatformPC/Mac/Mobile(Android/iOS)Min Deposit$200Customer SupportPhone: +971 43432219Phone: +971 561835625Email: admin@fxcartage.comOnline ChatFacebook/Twitter/Instagram/SkypeFX Cartage Information FX Cartage is a broker. Over 200+ tradable instruments with a maximum leverage of 1:500 include forex, commodities, spot indices, cryptocurrencies, spot metals, and futures. The broker also provides four accounts, including Micro, Mini, Premium, and ECN. The minimum spread is from 0.2 pips and the minimum deposit is $200. FX Cartage is still risky due to its unregulated status.Pros and ConsPros Cons Spread from 0.2 pipsUnregulatedVarious tradable instrumentsMT4/MT5 unavailableLeverage up to 1:500No 24/7 customer supportDemo account availableIs FX Cartage Legit? FX Cartage is not regulated, making it less safe than regulated brokers.What Can I Trade on FX Cartage? FX Cartage offers a wide range of market instruments, including CDFs,forex, commodities, spot indices, cryptocurrencies, spot metals, and futures.Tradable Instruments Supported Forex✔Commodities✔Spot Indices✔Cryptocurrencies✔Spot Metals✔Futures✔CDFs✔Shares❌Stocks❌ETFs❌Bonds❌Mutual Funds❌Account Type FX Cartage has four account types: Micro, Mini, Premium, and ECN. Traders who want low spreads and low leverage can choose an ECN account, while those with a small budget can open a micro account. In addition, the demo account is predominantly used for familiarizing traders with the trading platform and for educational purposes only.Account Type MicroMiniPremiumECNMin Deposit$100$500$2500$5000Spread2 pips1.5 pips1 pips0.2 pipsCommissionNoNoNoYesLeverage1:4001:4001:4001:300EA AllowedYesYesYesYesSwap chargesNoYesYesYesFX Cartage Fees The spread is from 0.2 pips, the commission is 0. The lower the spread, the faster the liquidity.Leverage The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.Trading Platform FX Cartage cooperates with the authoritative Mtrade trading platform available in PC, Mac, and mobile (Android and iOS) to trade.Trading PlatformSupported Available Devices Mtrade✔PC/Mac/Mobile(Android/iOS)Deposit and Withdrawal The minimum deposit is $200. FX Cartage accepts Visa, Skrill, MasterCard, UnionPay, Wire transfer, and Neteller for deposit and withdrawal. However, transfer processing times and associated fees are unknown.