Company profile
Spider ForexReview Summary Founded2020 Registered Country/RegionMauritius RegulationNo regulation Market Instrumentsforex, CFDs, commodities, indices, cryptos, and metals Demo Account✅ LeverageUp to 1:500 SpreadFrom 0.3 Pips Trading PlatformMT5 Minimum Deposit$10 Customer SupportLive chat, Whats App, 24/7 customer support Tel: +230 2144395 Address: 6th floor Ken Lee Building 20, Edith Cavell Street Port Louis, Mauritius 11304 Email: support@spiderforex.com Social Media: Facebook, X, Instagram, LinkedIn,Twitter Regional Restrictions/Spider Forex Information Spider Forex is an unregulated broker, offering trading on forex, commodities, stocks, indices with leverage up to 1:500 and spread from 0.3 pips on the MT5 trading platform. The minimum deposit requirement is $10.Pros and Cons Pros Cons MT5 platformNo MT4 platform With demo accountNo regulation Various trading products Low minimum deposit Various contact channels Five account types offered Zero commission feesIs Spider Forex Legit? No. Spider Forex currently has no valid regulations. Please be aware of the risk!What Can I Trade on Spider Forex? Spider Forex offers trading on forex, CFDs, commodities, indices, cryptos, and metals. Tradable Instruments Supported Forex✔ CFDs✔ Commodities✔ Indices ✔ Cryptos✔ Metals✔ Bonds❌ Stocks❌ Options❌ ETFs❌Account Type Here are five account types Spider Forex offers. Besides, the broker offers Demo Account. Account TypeMinimum DepositSuitable for Mini $100Advanced features for Pro traders Micro$10For beginners with standard conditions Classic$500Tight spreads and direct market access Premium$100Lowest spreads for high-volume traders. ECN$10Bank spreads for high-volume traders.Leverage The broker offers max leverage at 1:500. The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate.Spider Forex Fees Trading Fees Commissions and Swap fees are zero. Spider Forex Spreads Account TypeSpreads from Mini 2.5 pips Micro2.8 pips Classic2.0 pips Premium1.5 pips ECN0.3 pipsTrading Platform Trading PlatformSupported Available Devices Suitable for MT5✔Desktop, mobile, webExperienced trader MT4✖/BeginnersDeposit and Withdrawal The broker accepts payments via credit, Master Card, Maestro,etc.
Mauritius
2-5 years
Dreams come True
Colombia
ERRANTE doesn't do the one-size-fits-all thing – they've got different account types with various spreads and leverage options. So, you can kinda tailor it to your own trading groove. Platforms-wise, they've got the classics covered – MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader. It's a nice selection, depending on your preferences.
37130
2023-12-05