StreamsFX Forex Broker

StreamsFX Review SummaryFounded5-10 yearsRegistered Country/RegionCyprusRegulationSuspicious cloneMarket InstrumentsAccess to commodities, forex, indices, and precious metalsDemo AccountAvailableLeverage1:30Spreadfrom 0 pipsTrading PlatformMetaTrader4 (MT4)Min Deposit$20,000Customer SupportPhone: +357 25055782Email: support@streamsfx.comStreamsFX Information StreamsFX, registered in Cyprus, offers traders services for trading commodities, forex, indices, and precious metals. Clients can contact it through phone number (+357 25055782) and Email ( support@streamsfx.com).Pros and ConsProsConsMultiple trading assetsUnregulated StatusMinimum deposit as high as $500Unaccessble offcial websiteIs StreamsFX Legit? StreamsFX is represented to be regulated by the Cyprus Securities and Exchange Commission with License Number 376/19. However, its license is a suspicious clone.Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense NumberCyprus Securities and Exchange CommissionStreams Financial Services LtdStraight Through Processing(STP)376/19What Can I Trade on StreamsFX? The tradable financial instruments available to customers at the StreamsFX platform include commodities, forex, indices and precious metals. Using Forex instruments, traders can choose from 25 available assets.Tradable InstrumentsSupportedCommodities✔Forex✔Indices✔Crypto currencies❌Precious metals✔Binary Options❌Mutual Funds❌Futures❌Account Types Three account types are available provided by StreamsFX for clients to choose from: Classic (minimun deposits from $500), Pro (minimun deposits from $500) and ECN (minimun deposits from $20,000). Besides, demo accounts are offered.Minimum DepositClassic Account$500Pro Account$500ECN Account$20,000Leverage StreamsFX offers leverage levels up to 1:200.StreamsFX Fees The Classic account has a spread of 1.6 points and does not require a commission. The spread for Pro and ECN accounts starts at 0 points, but commissions of $4 and $3.50 are charged for each party.SpreadCommissionClassic Accountstart from 1.6FreePro Accountstart from 0$4ECN Accountstart from 0$3.50Trading Platform MetaTrader4 (MT4) is the one chosen by StreamsFX to serve clients.Trading PlatformSupportedAvailable DevicesSuitable forMetaTrader4 (MT4)✔Windows, MAC, IOS, AndroidInvestors of all experience levelsDeposit and Withdrawal Payment methods supported by StreamsFX include Visa, Mastercard and Maestro credit/debit cards, some popular e-wallets such as Skrill and Neteller, and bank transfers.