There is a 4-th year celebration bonus and a 20% rescue bonus. The broker runs different campaigns and trading contests for its clients. There is the 4-year anniversary Bonus Program as well as the 20% Rescue Bonus. WesternFX provides its clients with desktop and mobile versions of the most popular trading platform – MetaTrader 4.
Unfortunately, what the commission amount is is not known to us, we looked through the site and the terms of service but could not see any concrete information on how much they are, just that they exist. I can say this is one place for all kinds of traders and I always advise my client just one place that is WesternFX. WesternFX provided me all the facilities from account approval to deposit and withdrawal with just like one click service.
The minimum amount required to open an account is $25 which gets you the Standard account, if you want a different account the next requirement is for the ECN account which is $250. The starting spread you get depends on the account you are using and are as follows.
With such lack of information and WesternFX being offshore, funds are not safe. Security of funds is a huge problem with offshore brokers. A red flag that we noticed is WesternFX is withholding vital information to users. To make sure you are dealing with a regulated and known broker, you should be able to find easily who is the CEO of this brokerage firm, who is running it etc. Lack of information is a big red flag since you don’t know who will be dealing with YOUR MONEY. This is the reason why your funds are not safe with WesternFX.
Dedicated account manager is appointed to each IB to help them expand their business and to ensure the highest levels of service. sooperarticles.comCross-currency trading is a style of trading in which traders use currencies apart from the US dollar to capitalize on the unique benefits offered by these exotic currency pairs. This article briefs about cross currency trading and how it is carried out. The 20% Rescue Bonus will run as a continue bonus till management changes the scheme, so deposit as soon as possible in order to take advantage of this exceptional promotion! This WesternFX Bonus Program is intended to protect accounts from draw down periods.The Bonus can be lost with no limitations and also used as margin.Under this policy the Bonus can not be withdrawn.
$500 No Deposit Bonus (India)
Under China’s capital controls, individuals are permitted to buy up to $50,000 in foreign exchange a year, and data shows January is typically a standout month for onshore foreign currency deposits. This westernfx.com review report was last updated on .
Demo accounts can be accessed by filling in a form, you can select the deposit amount on this initial form. The trading conditions of the demo account are not stated so it is not https://broker-review.org/ clear which account they mimic, there may be a choice of this later in the signup process. There is also no mention of any expiration times so hopefully, they last indefinitely.
- Besides lots of currency pair, WesternFX also offers some instruments you would like to trade on, such as Forex, Gold & silver, for your best choice.
- Trading platform is a tool where you can buy or trade an instrument by only clicking them everywhere and everytime.
- In the case of Forex, trading platform is somewhere you can speculate on the price of currency volatility.
Between 74-89% of retail investor accounts lose money when trading CFDs. Introducing Broker is one of the profitable partnership opportunities that Western Group Inc offers. WesternFX’s Introducing Brokers program allows institutions and individuals around the globe to be rewarded for introducing new clients to us. We offer an overall solution, including trading platforms to execution and completion of transactions.
To succeed as a currency trader in today’s competitive market, you will have to be absolutely sure about your skills. Trading is by no means an easy job and Forex comes with a number of nuances.
All information on ForexBrokerz.com is only published for general information purposes. WesternFX We do not present any guarantees for the accuracy and reliability of this information.
Consecutive Two Winnings On Gold Trading Signals
Please submit your normal e-mail address that can be used to contact you. To submit your own Forex Broker review for WesternFX fill the form below. Your review will be checked by a moderator and published on this page. There are no added fees for deposits from WesternFX, however, you should check with the bank or processor that you are using to see if they add any fees of their own.
Phone verify your account and increase your trust factor and visibility. View the profiles of all your followers and find out who’s interested in your offers.
You may not reproduce, distribute, publish or broadcast any piece of the website without indicating us as a source. ForexBrokerz.com does not claim copyright over the imagery used on the website, including brokers’ logos, stock images and illustrations. WesternFX has several types of promotions, as well as trading contests.
Please, try to avoid profanity and foul language in the text of your review, or it will be declined from publishing. By submitting a Forex Broker review to EarnForex.com you confirm that you grant us rights to publish and change this review at no cost and without any warranties.Make sure that you are entering a valid email address. Reviews posted from a disposable e-mail address (e.g. ) will not be published.
Forex Birds Review
We recommend you check each website manually yourself before you buy. westernfx.com review is somewhat low according to our Scamadviser algorithm. The rating is given automatically based on data we could find about the site on the Internet such as if an SSL certificate is used, which country the website is hosted and if the website is listed on spam and phishing lists. We are gathering data from more than 40 sources to determine a Trust Score. We have not yet been able to collect all the information for westernfx.com.
Now With 50,000 Virtual Cash Start Practicing Forex Trading Today!
The Standard and Prime accounts do not have any added commissions as they use a spread based system that we will WesternFX look into later in this review. The VIP, ECN and Zero Spread accounts have an added commission for each trade.