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

FXTradium Forex Broker

Basic Information

Registered Region

United Kingdom

Operating Period

Company Name

FXTradium LLC

Abbreviation

FXTradium

Company employee

Customer Service Email Address

support@fxtradium.com

Contact Number

+442035041391

Company Website

https://fxtradium.com/

Facebook

https://www.facebook.com/FXTradium-104131258738632

Instagram

https://www.instagram.com/fxtradium

Keywords

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Company profile

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.

FXTradium broker review

Is FXTradium safe or scam

Rating Index

ISLAMIC

Minimum Deposit

$ 100

ECN

Minimum Deposit

$ 2000

FXTradium Forex Broker - Comprehensive Information Guide

1. Broker Overview

　　FXTradium is a trading name of FXTradium LLC, which was allegedly established in 2021. The company claims to be registered in Belarus, with its main office located in the Republic of Belarus. FXTradium operates as a private entity, providing a range of trading services primarily aimed at retail clients. The broker offers access to various financial instruments, including forex pairs, commodities, indices, stocks, and cryptocurrencies.

　　Since its inception, FXTradium has positioned itself as an online trading platform that caters to both novice and experienced traders. The company claims to have developed a user-friendly trading environment, leveraging advanced technologies to enhance the trading experience. Key milestones in its development include the introduction of multiple account types and the integration of popular trading platforms like MetaTrader 5 and TradingView.

　　FXTradium operates under a retail forex broker model, focusing on providing individual traders with the tools and resources needed to engage in the financial markets. The broker emphasizes its commitment to customer support, claiming to offer 24/7 assistance to its clients.

2. Regulation and Compliance Information

　　As of now, FXTradium operates without any valid regulatory oversight. The broker is not licensed by any major financial regulatory authority, which raises significant concerns regarding its legitimacy and the safety of client funds. The lack of regulation means that FXTradium does not comply with the stringent requirements typically imposed on licensed brokers, such as maintaining segregated accounts for client funds or adhering to investor compensation schemes.

　　FXTradium's regulatory status is marked as "no license," which is a critical red flag for potential investors. The absence of regulatory supervision implies that the broker is not obliged to follow any established financial regulations, leaving clients vulnerable to potential fraud or mismanagement of funds.

　　The broker's KYC (Know Your Customer) and AML (Anti-Money Laundering) compliance measures are not well-documented, further complicating the situation for prospective traders. Without clear policies in place, clients may find it difficult to ascertain the level of protection afforded to their investments.

3. Trading Products and Services

　　FXTradium advertises access to over 250 trading instruments across various asset classes. The broker provides a wide range of forex currency pairs, including major, minor, and some exotic pairs. Additionally, FXTradium offers Contracts for Difference (CFDs) on indices, commodities, stocks, and cryptocurrencies, allowing traders to diversify their portfolios.

　　The broker claims to frequently update its product offerings, although specific details regarding the frequency of these updates and the introduction of new trading instruments are not explicitly mentioned. FXTradium also emphasizes its retail trading services, targeting individual traders looking for flexible trading options.

　　While there is no mention of institutional services or asset management solutions, FXTradium does offer an Islamic account option, catering to clients who require a swap-free trading environment. This flexibility in account types is designed to accommodate the diverse needs of its client base.

4. Trading Platforms and Technology

　　FXTradium supports several trading platforms, including the widely recognized MetaTrader 5 (MT5), TradingView, and a proprietary web-based trading platform. MT5 is known for its advanced charting capabilities, automated trading features, and user-friendly interface, making it a popular choice among traders.

　　The broker's web-based platform allows for seamless trading without the need for software installation, providing an accessible option for clients who prefer not to download applications. Additionally, FXTradium claims to have mobile applications available for both iOS and Android devices, enabling traders to manage their accounts and execute trades on the go.

　　FXTradium operates under an ECN (Electronic Communication Network) execution model, which is designed to provide clients with direct access to the interbank market. This model is intended to enhance trade execution speed and transparency, although details regarding the broker's server locations and technical infrastructure are not clearly outlined.

　　The broker also supports API access and automated trading, allowing clients to utilize trading algorithms and bots for their trading strategies.

5. Account Types and Trading Conditions

　　FXTradium offers three main types of trading accounts: Islamic, Standard, and ECN. Each account type has its own minimum deposit requirements, trading conditions, and fee structures.

Islamic Account: Minimum deposit of $100, with floating spreads starting from 1.5 pips and no commission.
Standard Account: Minimum deposit of $100, with floating spreads starting from 1.2 pips and no commission.
ECN Account: Minimum deposit of $2,000, offering raw spreads and commission charges, although specific commission rates are not disclosed.

　　The broker provides leverage of up to 1:500 for Islamic and Standard accounts, while the ECN account offers leverage of up to 1:200. It is essential for traders to understand that higher leverage increases the potential risk of substantial losses.

　　FXTradium also allows for a minimum trading size of 0.01 lots across all account types. The broker's overnight fees and other trading conditions are not explicitly detailed, leaving potential clients to seek further clarification before opening an account.

6. Fund Management

　　FXTradium supports a variety of deposit methods, including credit cards, bank transfers, and several e-wallet options such as Skrill, Neteller, WebMoney, and Perfect Money. The minimum deposit requirement varies by account type, with a general minimum of $100 for most accounts.

　　Deposits are reportedly processed instantly, and the broker claims that there are no associated fees for deposits. However, detailed information regarding withdrawal methods and associated costs is less clear.

　　Withdrawals can be made through the same methods as deposits, but the processing times and any potential fees are not explicitly mentioned on the broker's website. Clients should be aware that the lack of regulatory oversight may complicate the withdrawal process, as unregulated brokers often employ tactics that hinder or delay fund access.

7. Customer Support and Educational Resources

　　FXTradium offers customer support through multiple channels, including telephone, email, and live chat. The broker claims to provide 24/7 support, although the quality and responsiveness of this support can vary.

　　The broker's contact number is +44 (20) 3504 1391, and clients can reach out via email at info@fxtradium.com. FXTradium also maintains a presence on social media platforms, including Facebook, Instagram, and YouTube, which can serve as additional communication channels.

　　In terms of educational resources, FXTradium provides various materials aimed at enhancing traders' knowledge and skills. This includes webinars, tutorials, and market analysis services. However, the depth and quality of these educational offerings are not well-documented, and potential clients should consider this when evaluating the broker.

8. Regional Coverage and Restrictions

　　FXTradium primarily targets clients in various regions, although specific details regarding its market coverage are not extensively covered. The broker does have certain restrictions in place, explicitly stating that it does not provide services to residents of specific countries, including the United States, Japan, Israel, Syria, and the Islamic Republic of Iran.

　　The lack of clear information regarding regional offices or local representation may pose challenges for clients seeking localized support or services. Therefore, prospective clients should carefully assess whether FXTradium meets their needs based on their geographical location and the broker's operational scope.

　　In conclusion, while FXTradium presents itself as a comprehensive trading platform with a variety of offerings, potential clients should exercise caution due to its unregulated status and the associated risks. It is advisable for traders to conduct thorough research and consider alternative brokers that offer robust regulatory oversight and proven track records.

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