FXTradium Forex Broker

Risk Warning Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only. General Information & Regulation Feature Detail Regulation No regulation Market Instrument FX pairs, metals, stocks, indices, equities and cryptocurrencies Account Type Islamic, Standard and ECN Demo Account yes Maximum Leverage 1:500 Spread Islamic: from 1.5 pips, Standard: from 1.2 pips, ECN: raw Commission Islamic/Standard: no, ECN: yes Trading Platform TradingView, MT5 and WebTrader Minimum Deposit $100 Deposit & Withdrawal Method Visa, MasterCard, cryptocurrencies, Skrill, Neteller, WebMoney and Perfect Money FXTradium, a trading name of FXTradium Limited Liability Company, is allegedly a forex broker founded in 2021 and registered in Belarus that claims to provide its clients with various tradable financial instruments with flexible leverage up to 1:500 and floating spreads on the TradingView, MT5 and WebTrader trading platforms via three different live account types, as well as 24/7 customer support service. Here is the home page of this brokers official site: As for regulation, it has been verified that FXTradium currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.22/10. Please be aware of the risk. Market Instruments FXTradium advertises that it offers access to 250+ trading instruments in financial markets, including FX pairs, metals, stocks, indices, equities and cryptocurrencies. Account Types Apart from demo accounts, FXTradium claims to offer three types of real trading accounts, namely Islamic, Standard and ECN, with minimum initial deposit requirements of $100, $100 and $2,000 respectively. Leverage The specified leverage for different account types at FXTradium varies between 1:200 and 1:500. Clients on the Islamic and Standard accounts can enjoy the maximum leverage of 1:500, while the ECN account can experience leverage of 1:200. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you. Spreads & Commissions All spreads with FXTradium are a floating type and scaled with the accounts offered. Specifically, the spread starts from 1.5 pips on the Islamic accounts, from 1.2 pips on the Standard account and raw spreads on the ECN account. As for the commission, there is no commission on the Islamic and Standard accounts, while the ECN account will be charged an unspecified commission. Trading Platform Available The platforms available for trading at FXTradium are one of the most notable and preferred trading platforms the market offers - MetaTrader5, as well as TradingView and WebTrader. The MT5 is highly praised by traders and brokers alike due to its ease of use and great functionality, offering top-notch charting and flexible customization options. It is especially popular for its automated trading bots, a.k.a. Expert Advisors. Deposit & Withdrawal FXTradium claims to support deposits and withdrawals via Visa, MasterCard, cryptocurrencies, Skrill, Neteller, WebMoney and Perfect Money. The minimum initial deposit requirement is said to be $100. All deposits and withdrawals are free and instant. Customer Support FXTradiums customer support can be reached by telephone/WhatsApp: +44 (20) 3504 1391 or live chat. You can also follow this broker on social networks such as Twitter, Facebook, Instagram, YouTube and LinkedIn. Company address: 220070, Minsk, st. Radial, 11B, pom. Eleven. Pros & Cons Pros Cons • Demo accounts available • No regulation • Multiple trading assets and payment methods offered • MT5 supported Frequently Asked Questions (FAQs) Q 1: Is FXTradium regulated？ A 1: No. It has been verified that FXTradium currently has no valid regulation. Q 2: At FXTradium, are there any regional restrictions for traders？ A 2: Yes. FXTradium does not offer services to residents of some countries, including the United States of America, Japan, Israel, Syria and the Islamic Republic of Iran. Q 3: Does FXTradium offer demo accounts？ A 3: Yes. Q 4: Does FXTradium offer the industry-standard MT4 & MT5？ A 4: Yes. FXTradium supports MetaTrader5, TradingView and WebTrader. Q 5: What is the minimum deposit for FXTradium？ A 5: The minimum initial deposit at FXTradium is $100. Q 6: Does FXTradium charge a fee？ A 6: Like every forex broker, FXTradium charges a fee when you trade - either in the form of a commission fee or spread fee. But deposits and withdrawals are said to be free. Q 7: Is FXTradium a good broker for beginners？ A 7: No. FXTradium is not a good choice for beginners. It is unregulated, so trading with them is dangerous. Dont put your trust easily in these unregulated brokers.