EugeniaMV
Junior Member
- Messages
- 59
- Joined
- Oct 12, 2022
- Messages
- 59
- Reaction score
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- Points
- 16
ForexVox, based in London, is a broker with English traditions, transparent conditions and a clear understanding of traders’ needs from all over the world. ForexVox offers more than 100 instruments to trade and provides different payment options for easy joining of their trading community. ForexVox is an ECN broker and known for its tight floating spreads and market execution method.
The first things every trader should pay attention to are regulation and security of funds.
ForexVox has 2 licenses: FCA (UK) and FSA (Seychelles). The broker takes pride in strict adherence to the FCA's regulatory regime, while also focusing on customer success and
services.
Client Money Protection mechanism is ensured in the following way:
Trading conditions
ForexVox offers more than 100 products to trade including currency pairs, metals, indices and commodities and allows all trading strategies such as scalping, hedging, EA, etc. Clients are not charged for inactivity and are protected against negative balances.
If you choose ForexVox under Seychelles regulations you will be offered the following:
Standard account - recommended initial deposit is $100, leverage is up to 1:500, minimum lot size -0.01. Commission on trading is absent and swap-free option is supported.
ECN account - recommended (but not required) initial deposit is $500, leverage is up to 1:500, minimum lot size -0.01, commission is $7/lot.
If you choose ForexVox under UK regulations you will find only one type of account with the leverage of 1:30 but with the option to increase up to 1:500 for professional traders.
Few reasons to trade with ForexVox:
The first things every trader should pay attention to are regulation and security of funds.
ForexVox has 2 licenses: FCA (UK) and FSA (Seychelles). The broker takes pride in strict adherence to the FCA's regulatory regime, while also focusing on customer success and
services.
Client Money Protection mechanism is ensured in the following way:
- Under FCA regulation - UK Member of FSCS (Financial Services Compensation Scheme) with deposits up to GBP £85,000 per person protected
- Under FSA regulation - Seychelles client money is held in segregated accounts with Tier 1 banks
Trading conditions
ForexVox offers more than 100 products to trade including currency pairs, metals, indices and commodities and allows all trading strategies such as scalping, hedging, EA, etc. Clients are not charged for inactivity and are protected against negative balances.
If you choose ForexVox under Seychelles regulations you will be offered the following:
Standard account - recommended initial deposit is $100, leverage is up to 1:500, minimum lot size -0.01. Commission on trading is absent and swap-free option is supported.
ECN account - recommended (but not required) initial deposit is $500, leverage is up to 1:500, minimum lot size -0.01, commission is $7/lot.
If you choose ForexVox under UK regulations you will find only one type of account with the leverage of 1:30 but with the option to increase up to 1:500 for professional traders.
Few reasons to trade with ForexVox:
- Tight spreads
- FCA and FSA regulations
- All trading strategies are allowed
- Protection from negative balance
- Minimum initial deposit requirement is absent
- API trading with direct market access
- MAM solution
- Social platform for traders’ interactions