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FXBrew foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://client.fxbrew.com/register, about the company's legal and temporary regulatory information, the company's address .

FXBrew Forex Broker

Basic Information

Registered Region
Saint Vincent and the Grenadines
Operating Period
--
Company Name
FXBrew Market
Abbreviation
FXBrew
Company employee
--
Customer Service Email Address
contactus@fxbrew.com
Company Website
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

General Information FXBrew is allegedly a broker based in Saint Vincent and the Grenadines that provides its clients with the worlds most popular MetaTrader4 and MetaTrader5 trading platforms, leverage up to 500:1, low spreads and commissions on rich tradable assets, as well as a choice of three different account types and MAM/PAMM services. Market Instruments FXBrew advertises that it offers a wide range of trading instruments in financial markets, including forex pairs, CFDs on natural gas, oil, silver, gold, indices and cryptocurrencies of Bitcoin, Ethereum, Ripple and Litecoin. Account Types There are three live trading accounts offered by FXBrew, apart from demo accounts, namely Micro, ECN and VIP. Opening a Micro account requires the minimum initial deposit amount of only $5, while the other two account types with the much higher minimum initial capital requirements of $100 and $5,000 respectively. Leverage The maximum leverage ratio provided by FXBrew is much higher than most brokers, up to 500:1. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage. Spreads & Commissions Spreads and commissions are influenced by what type of accounts traders are holding. FXBrew reveals that the spreads in the Micro account start from 0.2 pips, and the clients on the ECN or VIP account enjoy raw spreads from 0 pips with a commission of $2/100K. Trading Platform Available When it comes to trading platforms available,FXBrew gives traders the most popular platforms in the industry: MetaTrader4 and MetaTrader5. MT4 and MT5 are known as the most successful, efficient, and competent forex trading software, both equipped with great charting packages, fast speed of execution and a convenient programming environment. While compared with MT4, MT5 allows users to trade with custom indicators and automated trading systems such as Expert Advisors, as well as trading in OTC products and exchange-traded stocks from one and the same account. Deposit & Withdrawal FXBrew accepts deposits and withdrawals via bank wire transfers, VISA, MasterCard, Neteller, Skrill, and Bitcoin. Customer Support FXBrew‘s customer support can be reached only by email: contactus@fxbrew.com. However, this broker doesn’t disclose other more direct contact information like telephone numbers or the company address while most brokers offer.

Is FXBrew safe or scam

Rating Index

ECN ACCOUNT

Minimum Deposit
$100

VIP ACCOUNT

Minimum Deposit
$5000
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Latest Reviews

乱世情缘

乱世情缘

United States

As a forex trader, I was initially attracted to the low minimum deposit requirement of $5 from FXBrew, but it is concerning that their website is down. It makes me wonder if the company is experiencing technical difficulties or if there are other issues at play. I sincerely hope no one has been scammed.

Positive

2023-03-20

ywjbc

ywjbc

Cambodia

Very unskilled and dishonest people work for this fraudulent firm. I've put money into this Broker Company for Trust management and a lot of it for one-2 months. Nobody should trust even a cent of this fraudulent broker firm.

37130

2023-03-07

FXBrew Forex Broker has an overall rating of 1.55, Regulatory Index 0.00, License Index 0.00, Business Index 7.32, Software Index 4.00 Risk Control Index 0.00.