ForexCT Review

ForexCT is a well-established broker since 2006. ForexCT has a headquarter in . ForexCT to provide their Forex/CFD trading services to over 4 million clients.

Account Information

Apart from the forex demo account, this broker offers Beginner and Professional. 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 ForexCT is up to 1:400. Meanwhile, you can open an account with a starting capital of $500.

Min Deposit

$500

Max Leverage

1:400

Spread

Fixed

If you want to look for a more simple explanation regarding this broker's account type(s), take a look at the following chart:

• Beginner
• Professional

💲 Min Deposit $500

💡 Min Position 0.025 lot

🔢 Spread Fixed

📉 Scalping

🤖 Expert Advisors

⏳ Pending orders

1️⃣ One-click trading

Instruments Traded

Besides lots of currency pair, ForexCT also offers some instruments you would like to trade on, such as Forex 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 Beginner account, ForexCT specifically provides it with the following instruments and leverage:

Forex
1:200

💲 Min Deposit $5000

💡 Min Position 1 lot

🔢 Spread Fixed

📉 Scalping

🤖 Expert Advisors

⏳ Pending orders

1️⃣ One-click trading

Instruments Traded

Besides lots of currency pair, ForexCT also offers some instruments you would like to trade on, such as Forex and CFD 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 Professional account, ForexCT specifically provides it with the following instruments and leverage:

Forex
1:400

CFD
1:10

Payment Methods

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.

ForexCT also provides payment with Credit/debit cards

FAQ About ForexCT

Is ForexCT 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 ForexCT is a good broker for you or not by reviewing the criteria. In general, ForexCT provides trading service in Forex and CFD . As for the payment methods, you can choose between Credit/debit cards and Wire transfer. The customer support is available via Email, Live chat and Phone.

What is the minimum deposit for ForexCT?

The starting capital in ForexCT is $500.

Is ForexCT regulated?

ForexCT is regulated by None. 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 ForexCT legit?

ForexCT is a brokerage company offering trading services for clients since 2006 with offices in .