TemplerFX Forex Broker

TemplerFX Review SummaryFounded2005Registered Country/RegionSaint Vincent and the GrenadinesRegulationUnregulatedMarket InstrumentsForex, energies, precious metals, shares CFDs, and cash indicesDemo Account✅LeverageUp to 1:2000SpreadFrom 0.1 pipsTrading PlatformMT4, Templer FX TraderMinimum Deposit$1Customer SupportPhone: +44 20 33557076 / +44 02 071128046Email: info@templerfx.comFacebook, TwitterAddress: Suite 305, Griffith Corporate Centre Beachmont P.O.Box 1510, Kingstown, SVGRegional RestrictionsUS, UK, EU, Canada, Turkey, Israel, and Japan Registered in St. Vincent and the Grenadines in 2005, TemplerFX is an online forex broker that provides its clients with a series of common forex instruments. It provides different account types with varying features and minimum deposit requirements through MT4 and Templer FX Trader trading platforms. However, TemplerFX was not a regulated broker and there are many residents have no access to trade with them.Pros and ConsPros Cons Wide range of trading instrumentsUnregulated statusMultiple account types catering to different trading stylesRegional restrictionsFlexible leverage ratiosSupport for various payment methodsIs TemplerFX Legit? TemplerFX is not a regulated broker. The absence of regulatory oversight raises concerns about the credibility and transparency of the broker's operations.What Can I Trade on TemplerFX? TemplerFX offers forex, energies, precious metals, shares CFDs, and cash indices.Tradable Instruments Supported Forex✔Energies✔Precious Metals✔Cash Indices✔Shares CFDs✔Cryptos❌Bonds❌Options❌ETFs❌Mutual Funds❌Account Type TemplerFX provides six types of accounts: Universal FX, XBTC, Cent FX, MAM, Muslim FX, and Segregated accounts. The minimum deposit requirements for these accounts are $25, 0.000001 BTC, $1, $1,000, $25, and €50,000 respectively.Account TypeMinimum DepositCent FX$1Universal FX$25Muslim FX$25XBTC0.000001 BTCMAM$1,000Segregated accounts€50,000Leverage TemplerFX offers flexible leverages for each account, ranging from 1:1 to 1:2000. High leverage also comes with a heightened level of risk. A small adverse price movement can lead to significant losses, potentially exceeding the traders initial deposit.TemplerFX Fees TemplerFX offers different account types with varying pip spreads and transaction fee policies.Account TypeSpreadTransaction FeeUniversal FX0.1 pips❌XBTCCent FXMAMSegregated accountsMuslim FX1 pip$5/lotTrading Platform TemplerFX supports MT4 and Templer FX Trader. For mobile users, there are MetaTrader 4 versions available for Android, iOS, and BlackBerry devices, each equipped with real - time trading features like order placement, stop - loss/take - profit setting, and access to trading history. Desktop users can choose from options like Templer FX Trader on Linux (using Wine), MacOS (using Wine and PlayOnMac), and the Templer FX WebTrader, which is accessible via any modern browser on multiple operating systems without extra software installation.Trading PlatformSupported Available Devices Suitable for MT4✔Web/ Android/ iOSBeginnersMT5❌/Experienced tradersDeposit and Withdrawal TemplerFX offers many methods to make a deposit and withdrawal, including VISA, mastercard, wire transfer, skrill, CONTACT, LEADER, Perfect money, fasapay, OKPAY, and so on. You can learn more through clicking: https://templerfx.com/en/trading/trading_terms/deposit_withdraw. Deposit Options Deposit optionAvailable currencyMinimum DepositMaximum DepositDeposit FeeDeposit Processing timeVISA/ MastercardUSD110,0000Automatic, instantlyWire TransferUSD, EUR, CHF, GBP100-Set by your bank1 hourSkrillUSD1010,0000Automatic, instantlyPerfect Money11,0001%Fasapay-❌OK PAY- Withdrawal Options Withdrawal optionAvailable currencyMinimum WithdrawalMaximum WithdrawalWithdrawal FeeWithdrawal Processing timeVISA/ MastercardUSD151,0002% + 5USD1 - 5 business daysWire Transfer1,000-50 EURSkrill10up to a deposited sum❌Automatic, instantlyPerfect Money1-Fasapay500OK PAY510,0003%up to 72 hrs