FX
stands for Forex, which stands for foreign exchange trading, which does
describe at least one of the FxCompany’s reasons for being. FxCompany
is owned by FxCompany Financial Group Ltd. Its activities comply with
the legislation of Mauritius and are regulated by FSC (Financial
Services Commission) of Mauritius. FxCompany employs the services of
over 100 representatives “all around the world”.
FxCompany also
offers CFD (contract for difference) trading options to its customers.
These include CFDs for stocks, futures, indices, metals and dividends.
FxCompany also has “Moslem” Swap Free Accounts available.
The
trading platform available for download is MetaTrader 4 in Terminal,
Multi Terminal, Mobile, and Smartphone editions. The FxCompany also
references upwards of 400 trading tools designed to assist its account
holders. Spelling out the nature of at least some of those tools could
prove helpful to potential customers seeking to make a decision.
A standard account offers spreads starting from 0.5 pips, leverage up
to 1:500, multi-currency accounts in USD, EUR, etc. and a minimal
deposit of 100 USD. FxCompany also offers a VIP account that features
spreads starting at ZERO points, a free Pocket PC with MetaTrader 4
Mobile pre-installed, a Personal Account Manager and 5% interest to a
client’s deposit.
The company also offers partnership options.
The exact details of those sorts of agreements seem to be available
through more direct contact with the company than the website can offer.
That is probably best-pursued offline in any case.
Those new to
trading can open a demo account with FxCompany. What marks that option
as somewhat unique is the company’s practice of holding contests
centered on demo trading that that reward the winners of such contests
with real money.
Unlike many competitive firms the FxCompany
website does not offer any educational material that relates to trading
Forex or CFDs online. 24/7 On-Line Support is advertised in a banner on
the main page with no other details of that support provided.
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