PHOENIX 4X Forex Broker

PHOENIX 4XReview SummaryFounded2020Registered Country/RegionSaint Vincent and the GrenadinesRegulationNo regulationMarket InstrumentsForex, Precious Metals CFDs, Stocks CFDs, IndicesLeverageUp to 1:100SpreadsStarting from 0.08 pipsTrading PlatformMT4Min Deposit$10Payment MethodsCryptocurrencies (Tether Bitcoin, Ethereum, USDT)Customer SupportEmail: support@phoenix4x.comPhysical Address: Suite 305,Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent, and the Grenadines.PHOENIX 4X Information PHOENIX 4X, founded in 2020, is an ECN broker registered in Saint Vincent and the Grenadines. The trading instruments it provides cover Forex, Precious Metals CFDs, Stocks CFDs, Indices.Pros and ConsPros Cons Offers diverse market instrumentsUnregulatedProvides multiple trading account optionsDeposit options only involve cryptocurrenciesMT4 supportedLimited customer support channelsIs PHOENIX 4X Legit? It is clear that PHOENIX 4X is currently unregulated.What Can I Trade on PHOENIX 4X? PHOENIX 4X offers traders the opportunity to trade more than 55 types of forex currency pairs, more than 5 types of precious metals CFDs , more than 50 types of stocks CFDs, indices.Tradable Instruments Supported Forex✔Metals CFDS✔Stocks CFDS✔Indices✔Bonds❌Derivatives❌Futures❌Options❌Deposit and Withdrawal PHOENIX 4X offers one deposit and withdrawal method - Cryptocurrencies (Tether Bitcoin, Ethereum, USDT (OMNI), and USDT (ERC20)). It is worth noting that traditional fiat currencies are not mentioned as accepted deposit methods. The minimum initial deposit requirement is reportedly set at $10, which provides a relatively low entry threshold for potential clients.