forexmetal

Scam:  2016 Forex-Metal broker's website is down. The broker is out of business.

Trading Conditions

Based on Forex-Metal review, the maximum leverage is up to 1:200, however for accounts with balance funds of up to $500, the leverage can be increased to 1:500.

The broker offers instant order execution and ability to trade all available instruments with 1 single account. Customers funds are kept in segregated accounts.

Forex-Metal uses 5 digit quotes for most currency pairs. It is possible to open a position with as little as $50, equal to 0.01 of standard lot.

The table of offered spreads on some major currency pairs are listed below:

Currency Pair

Description

Lot size

Variable Spreads

EURUSD

Euro vs US dollar

EUR 100,000

1.5 pips

EURJPY

Euro vs Japanese Yen

EUR 100,000

4 pips

USDCAD

US dollar vs Canadian dollar

USD 100,000

4 pips

USDSGD

US dollar vs Singapore dollar

USD 100,000

8 pips

USDJPY

US dollar vs Japanese Yen

USD 100,000

2 pips

GBPUSD

GB Pound vs US dollar

GBP 100,000

3 pips

GBPCHF

GB Pound vs Swiss Franc

GBP 100,000

8 pips

GBPJPY

GB Pound vs Japanese Yen

GBP 100,000

8 pips

AUDUSD

Australian dollar vs USD

AUD 100,000

4 pips

NZDUSD

New Zealand dollar vs USD

NZD 100,000

4 pips

CHFJPY

Swiss Franc vs Japanese Yen

CHF 100,000

5 pips

 

Trading Platform

MetaTrader 4 is one of the most popular trading platforms among traders today and provides multilingual interface with unlimited charting tools, real time news feeds, system signals and mobile trading access.

Mobile version of the platform is supported on all major mobile devices, including iPhone, iPad, iPod and Android. The mobile application offers real-time live tick chart, ability to buy and sell orders, place pending orders, set stop/loss and take-profit, close or modify current orders, and keep track of profit/loss and past history data.

All Expert Advisors are welcomed and all trading styles are accepted, taken into the account that the customer is not abusing or interfering with the broker’s system itself.

Islamic Account

Islamic accounts completely satisfy Islamic religious prohibitions of not receiving or paying interest (swap-free accounts). There is, however, a maintenance fee at the end of each day.

Practice Account

Demo practice account is available for 60 days. In order to extend your practice account, get in touch with the broker’s representatives.

Payment Methods

Withdrawal requests are processed within 2 business days, after that the funds are transferred within 7 business days depending on your choice of payment method. The broker requires withdrawing the funds with the same payment method used to make a deposit.

The broker provides outstanding variety of payment methods including Credit/Debit cards, Wire Transfer, Skrill, ClickandBuy, Webmoney, GiroPay and other major e-wallet online payment solutions.

Support

Customer support is available via phone, phone chat and email for any type of questions and requests.

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