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

Trading Conditions and Payment Options

Trading instruments: forex, commodities, indices

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

Payment methods: credit cards, wire, union pay, safecharge

Fees: fees apply for deposits and withdrawals

Account types: retail, standard, pro

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

Minimum deposit requirement: $500

Customer support: email, phone, feedback form

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