TRAY FX Forex Broker

Tray FX Broker - Complete Information Guide

1. Broker Overview

　　Tray FX, officially known as FX Tray Market LLC, was established in 2021. The company is headquartered at Suite 305, Griffith Corporate Centre, Kingstown, Saint Vincent and the Grenadines. As a private entity, it operates as a forex and CFD broker, primarily catering to retail clients across various global markets.

　　Since its inception, Tray FX has aimed to provide a user-friendly trading experience, offering access to a wide range of financial instruments. The broker has quickly garnered attention from traders worldwide, focusing on customer-centric services. Notably, it has introduced unique features such as copy trading, which allows novice traders to mirror the trades of experienced professionals.

　　The company operates under the regulatory framework of the Saint Vincent and the Grenadines Financial Services Authority (SVG FSA), holding the registration number 1421 LLC 2021. Tray FX primarily engages in retail forex trading, offering services that include trading in foreign exchange, commodities, cryptocurrencies, and indices.

　　The business model revolves around providing a robust trading platform, competitive spreads, and a variety of account types to cater to different trading needs. Through continuous development, Tray FX aims to enhance its offerings and expand its market presence.

2. Regulatory and Compliance Information

　　Tray FX is registered and regulated by the SVG Financial Services Authority. However, it is essential to note that it does not hold a license from any major financial regulatory body, which raises concerns regarding investor protection. The company's registration number is 1421 LLC 2021.

　　The regulatory framework under which Tray FX operates is limited, and it does not participate in investor compensation schemes. This lack of regulatory oversight can expose clients to significant risks. The broker claims to implement strict KYC (Know Your Customer) and AML (Anti-Money Laundering) measures to ensure compliance and protect clients' funds.

　　Client funds are held in segregated accounts, which is a standard practice intended to provide an additional layer of security. However, without robust regulatory oversight, the effectiveness of these measures remains questionable.

3. Trading Products and Services

　　Tray FX offers a diverse range of trading products, including:

• Forex Currency Pairs: The broker provides access to over 113 currency pairs, covering major, minor, and exotic currencies.
• CFD Products: The available CFD categories include:
• Indices: Major global indices are available for trading.
• Commodities: Precious metals like gold and silver, as well as energy products such as oil.
• Stocks: Traders can access shares from prominent companies like Google, Facebook, and Apple.
• Cryptocurrencies: The platform supports trading in over 114 cryptocurrencies, including Bitcoin, Ethereum, and Litecoin.

　　The broker frequently updates its product offerings, adding new instruments based on market demand. Tray FX primarily focuses on retail trading services but also offers solutions for institutional clients, including white-label services and asset management options.

4. Trading Platforms and Technology

　　Tray FX utilizes the MetaTrader 5 (MT5) trading platform, which is renowned for its advanced trading capabilities. The platform is accessible via:

• Desktop Application: Available for Windows.
• Web Version: Allows trading directly from a web browser.
• Mobile Applications: Compatible with both iOS and Android devices.

　　The MT5 platform supports various trading strategies and features, such as:

• ECN and STP Execution Models: Providing direct access to the interbank market.
• Advanced Charting Tools: Facilitating in-depth market analysis.
• Automated Trading: Support for algorithmic trading applications.

　　The broker's infrastructure includes robust servers aimed at ensuring low latency and high-speed execution. API access is also available for traders looking to implement automated trading strategies.

5. Account Types and Trading Conditions

　　Tray FX offers multiple account types to cater to different trading needs:

• 　　Classic Account:

• 　　Minimum Deposit: $100

• 　　Spreads: Starting from 1.8 pips

• 　　Commission: 0%

• 　　Standard Account:

• 　　Minimum Deposit: $100

• 　　Spreads: Starting from 1.2 pips

• 　　Commission: 0%

• 　　ECN Account:

• 　　Minimum Deposit: $500

• 　　Spreads: Starting from 1 pip

• 　　Commission: 0%

• 　　Crypto Account:

• 　　Minimum Deposit: $100

• 　　Spreads: Varies

• 　　Commission: 0%

　　The leverage offered varies by account type, with a maximum of 1:500 for standard accounts, while crypto accounts have a lower leverage of 1:10. The minimum trade size starts at 0.01 lots, and the broker employs a fixed spread model, which can vary based on account selection.

6. Fund Management

　　Tray FX supports various deposit and withdrawal methods, including:

• 　　Deposit Methods:

• 　　Bank Transfer

• 　　Credit/Debit Cards

• 　　E-wallets (such as Bitcoin, Ethereum, and USDT)

• 　　Minimum Deposit Requirements:

• 　　Classic Account: $100

• 　　Standard Account: $100

• 　　ECN Account: $500

• 　　Crypto Account: $100

　　Deposits are processed quickly, typically credited within minutes. Tray FX does not charge fees for deposits.

• Withdrawal Methods:
• Similar to deposit methods, including bank transfers and e-wallets.
• Withdrawals are processed within 3-5 business days.

　　There are no specified limits on minimum or maximum withdrawals, making it flexible for traders to manage their funds.

7. Customer Support and Educational Resources

　　Tray FX offers comprehensive customer support through various channels:

• Support Channels:
• Phone: +44 7418379273
• Email: support@fxtray.com
• Social Media: Active on platforms like Facebook, Instagram, and Twitter.

　　The customer support team is available 24/7, providing assistance in multiple languages, including English, Spanish, German, and more.

　　In addition to customer support, Tray FX provides a range of educational resources, such as:

• Webinars and Tutorials: Covering various trading strategies and market analysis.
• Market Analysis Services: Offering daily updates and research reports.
• Trading Tools: Including calculators, economic calendars, and signal services.

　　These resources are designed to enhance traders' knowledge and support their trading journey.

8. Regional Coverage and Restrictions

　　Tray FX primarily serves clients globally, with a focus on markets in Europe, Asia, and the Americas. However, it is essential to note that the broker may have restrictions on specific countries due to regulatory compliance issues.

• Countries Not Accepted: Specific countries where Tray FX does not accept clients have not been disclosed.
• Regional Offices: The broker operates from its headquarters in Saint Vincent and the Grenadines.

　　Due to its regulatory status, potential clients are advised to verify their eligibility based on their country of residence before opening an account.

　　In summary, the Tray FX broker presents a range of trading options and services, although potential clients should be aware of its regulatory limitations and the associated risks.