SouqFX Forex Broker

SouqFXReview SummaryFounded2024Registered Country/RegionSaint LuciaRegulationNo regulationMarket InstrumentsForex, indices, cryptocurrencies, commodities, shares & ETFs, treasuriesDemo Account❌Leverage/SpreadFrom 0 pipsTrading PlatformMT5Min Deposit/Customer SupportLinkedin, facebook, instagram, X, youtube, tiktok24/7 customer supportTel: +44 7473 124681Email: info@souqfxpro.comSouqFX Information SouqFX is an unregulated broker, offering trading on Forex, indices, cryptocurrencies, commodities, shares & ETFs and treasuries with spread from 0 pips on MT5 trading platform.Pros and ConsPros Cons Tight spreadsNo regulationVarious contact channelsNo demo accountsMT5 platformIs SouqFX Legit? No. SouqFX currently has no valid regulations. Please be aware of the risk!What Can I Trade on SouqFX? SouqFX offers trading on Forex, indices, cryptocurrencies, commodities, shares & ETFs and treasuries.Tradable Instruments Supported Forex✔Indices ✔Cryptocurrencies ✔Commodities✔Shares & ETFs✔Treasuries ✔CFDs❌Bonds❌Stocks❌Account Type The broker has not clearly provided the account types it offers, only shown that it has swap-free accounts.Leverage The broker has not clearly provided the leverage it offers. It's important that forex traders learn how to manage leverage and employ risk management strategies to mitigate forex losses.SouqFX Fees Trading Fees The broker says that it requires no additional fees. SouqFX Spreads The spread is from 0 pips.Trading PlatformTrading PlatformSupported Available Devices Suitable for MT5✔App Store, Google Play, Windows, WebExperienced traderMT4❌BeginnersDeposit and Withdrawal No minimum deposit or withdrawal amount defined and no fees or charges specified. Please be aware of the risk!