121clearing Review

121 Clearing Review - Can you trade with the broker or is it scam?

General Features, Location and Regulation

Reviewed brokers: 121Clearing

Note: connected to Finotec Trading UK Limited (regulated)

Location: UK

Regulation: 121Clearing belongs to Finotec forex broker, regulated by FCA

Instruments List 

At 121Clearing, you have the option to trade many of the Major, Minor and Exotic currency pairs with tight spreads. The market is open for trading 24 hours a day from Sunday 5pm EST to Friday 5pm EST.

Trading Conditions and Payment Options

Trading instruments: forex, commodities, indices

Trading platforms: 121Clearing platform (in-house), Metatrader 4

MetaTrader 4

  • No Dealing Desk Execution - real, fair trading with no intervention.
  • Excellent spreads for all currency pairs - EUR/USD as low as 0.2 pips.
  • Execution - the fastest execution available.
  • Any trader types, including scalpers, are acceptable.
  • Unrestricted use of experts.
  • No re-quotes
  • Minimum contract size: $1000 equals to 0.01 lot

121CLEARING WEB TRADER

121Clearing trading platform is top notch and in-house developed, and it is the premier platform available in the industry today. It offers advanced research and trading tools, powerful features, and requires no download.

WHY 121CLEARING?

121 Clearing provides both retails and institutional traders access to hundreds of global markets including Forex, Indices, Commodities and more. The Broker is considederd to be a secure Forex broker with transparency and over 15 years of experience in the field of Forex trading and Forex Brokerage. 

Trading with 121Clearing

SET UP

Setting up your 121Clearing account only takes a few seconds – simply sign up, verify your details and you are ready to go!

TRADE

Trading at 121Clearing allows you to benefit from tight spreads and low commission. 121Clearing offers a slew of tools for traders to take advantage of, including stop-loss, take profit, entry limit, and entry stop orders. And to design their own unique trading strategy, traders can benefit from customizable charts, studies, in-depth analysis, the economic calendar, and accurate trading signals.

MANAGE

With 121Clearing you can fully manage your account over mobile or web. Both platforms support immediate deposits, fast withdrawals and uploading of documents. 

Demo account: yes

STP trading environment: yes

Maximum leverage: 1:100

Spreads start from 0.2 pips

Scalping: allowed

Hedging: allowed

Minimum trade size: 0.01

Currency pairs: 50

Account Types 

Available Accounts with this forex Broker are Reviewed below: 

Accounts Deposit Amount Clearing Type Leverage Commission / Markup
DEMO 0 Variable  100:1 0
RETAIL $1'000 - $24'999 STP 100:1 0 Commission / 1,5 Pips Markup
STANDARD $25'000 - $49'999 STP 100:1 ≤ 10 per RT-Lot / no Markup
PRO $50'000+ STP 100:1 ≤ 7 per RT-Lot / no Markup

Payment Options with 121 Clearing

Minimum deposit requirement: $1000

You can fund your 121Clearing trading account with these methods:

  • Wire transfers through your local bank
  • SafeCharge
  • Union Pay

All of the methods above are subjected to commission fees.

Customer Support

Customer support: email, phone, feedback form

How was the rating of 121 Clearing performed compared to other brokers? 

This 2018 Forex Broker Review  has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on 121 Clearing FX broker performance and features. 

Overall our online 121 Clearing review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online 121 Clearing or you find inaccurate details 121 Clearing broker review please get in touch with us and the changes will be applied. 

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