Financial Spreads Review
Financial Spreads is a well-established broker since 2007. Financial Spreads has a headquarter in United Kingdom. Financial Spreads to provide their Forex/CFD trading services to over 4 million clients.
This broker has also been regulated by FCA (UK) 525164.
⌛ Year Established
💰 Bonus offers
📖 Free education
📁 Segregated accounts
Apart from the forex demo account, this broker offers Standard. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by Financial Spreads is up to 1:200. Meanwhile, you can open an account with a starting capital of $1.
If you want to look for a more simple explanation regarding this broker's account type(s), take a look at the following chart:
💲 Min Deposit $1
💡 Min Position 0.01 lot
🔢 Spread Fixed
🤖 Expert Advisors
⏱ Trailing stop
⏳ Pending orders
Besides lots of currency pair, Financial Spreads also offers some instruments you would like to trade on, such as Forex, Gold & silver, CFD and Spread betting for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
As for Standard account, Financial Spreads specifically provides it with the following instruments and leverage:
Gold & silver
Wire transfer : Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.
Financial Spreads also provides payment with Credit/debit cards and Local bank transfer
Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.
Hereby, Financial Spreads offers you CloudTrade.
Do you have any question or find any trouble related to Financial Spreads? If you do, you should reach Financial Spreads's support to get the information that you need. Here is the detail of the broker's customer support:
FAQ About Financial Spreads
Is Financial Spreads a good broker?
A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if Financial Spreads is a good broker for you or not by reviewing the criteria. In general, Financial Spreads provides trading service in Forex , Gold & silver , CFD and Spread betting . As for the payment methods, you can choose between Credit/debit cards, Local bank transfer and Wire transfer. The customer support is available via Email and Phone.
What is the minimum deposit for Financial Spreads?
The starting capital in Financial Spreads is $1.
Is Financial Spreads regulated?
Financial Spreads is regulated by FCA (UK) 525164. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.
Is Financial Spreads legit?
Financial Spreads is a brokerage company offering trading services for clients since 2007 with offices in United Kingdom.