Forex Trading
Deposit And Withdrawal Forex Trading CFD Trading Forex Brokers Online
This bonus is awarded to every deposit above $50 and it is capped at $2,000 for each client. Anyone can easily register for this practice account and receive the login details almost immediately. It is free because the account is preloaded with virtual money which can be used for trading practice or perfecting a strategy. If you are ready open an account with WesternFX, then you only need a few minutes to do that. Just click the ‘Live account’ button to display the live account opening form. Enter your personal information, contact info, choose a password and click ‘Register’.
Educational & Trading Tools
The similarity of the trading conditions provided on the demo account to that in a live account, enable you to get a feel of what it’s like to trade, thus, prepping you to commence trading for real. But, the number of trading instruments available on WesternFX trading platforms is small especially when you compare with that of competing brokers. New traders are supported with trading articles and eBooks but this is inadequate because the training is not enough to transform a complete newbie to a knowledgeable professional. WesternFX trails other top brokers in this aspect as some of them have robust and comprehensive academies categorized according to traders’ experience level. Also, the analysis provided is not comprehensive and there are no signals or social trading platform. Another drawback is its regulation, many industry experts frown at offshore regulators.
Zero Spread Account
Unfortunately, what the commission amount is is not known to us, we looked through the site and the terms of service but could not see any concrete information on how much they are, just that they exist. WesternFX has the slogan ‘Share success, join the best and reach the unreachable’. Though, the brokerage has its shortcomings, overall, it can be regarded as a standard forex broker with high potentials for improvement. Perhaps, you have a question; feel free to contact the WesternFX client support desk anytime and on any day. You can fill the ‘Contact WesternFX’ form on the website and the support team will get back to you within 24 hours.
Get started on your trading journey with WesternFX!
You will be required to login to your registered email and click on the link from westernfx to verify your email. Now, you can login to the trader’s room where you can verify your account, make deposits, download the trading platform and do a whole lot of things. WesternFx offers its clients the opportunity to trade on the award-winning MetaTrader platform.
Demo Account
WesternFX is one of the largest Forex CFD providers in the world by trading volume.
As we can see, the levels do not differ that much, and it is quite possible to work with the Standard or ECN levels. The terms are quite acceptable, but we have seen better conditions with competitor services. Just like most Forex brokers, this company works with popular MT4 software. For 15 years, WESTERN FX has been producing visual effects, upgrading and improving workflow every step of the way. The studio continually develops their pipeline to stay current, optimizing returns on your investment and minimizing disruptions to both your timeline and your bottom line. This helps producers and creatives tailor a process that stays within their budget, but doesn’t limit creative vision.
Prime Account
Along with Forex, we also offer services and solutions for CFD trading, stock trading, online trading, share trading and futures trading. WesternFX offers a choice of account types, each of which serves as a universal trading tool for work on international financial markets. Every account we offer provides you with access to every trading symbol available when working with WesternFX. All trading account types, with highly spirited and distinctive trading environment, exclusively designed to meet the requirements and demand of all types of traders. WesternFX offers our customers some of the best trading conditions available.
Our clients have free access to a variety of trading instruments and state-of-the art information technology and software products from leading companies, such as the popular MetaTrader 5. All of our trading options are accessible when you open a WesternFX trading account online. WesternFX offers our customers some of the best trading conditions available. All of our trading options are accessible when you open a WesternFX trading account online. Open a live trading account on our website and start trading today to see everything WesternFX has to offer. If you’re new to Forex trading, try out our demo account for free and explore the limitless possibilities of currency exchange before venturing into the live space.
The article mostly deals with basic topics for beginner traders. There is also a forex eBook titled ‘Become a successful trader with WesternFX.com’. Trading analysis eBook is available on request for only clients that have a live account that is funded with at least $100. Demo accounts can be accessed by filling in a form, you can select the deposit amount on this initial form. The trading conditions of the demo account are not stated so it is not clear which account they mimic, there may be a choice of this later in the signup process.
The support team is open 24/5 and is closed at the same time as the markets over the weekend and on bank holidays. The spreads are variable (also known as floating) so this means that when the markets are being volatile, the spreads https://forexbroker-listing.com/ will often be seen higher. It is also important to note that different instruments and assets have different starting spreads, so while EURUSD may start at 1.4 pips, other assets like GBPJPY may start slightly higher.
It is regulated by the Financial Services Authority of St. Vincent and the Grenadines (FSA-SVG). Our support desk will answer all your queries related to trading and help you deploy effective trading strategies. Our high standard of market and fundamental analysis keeps …. The starting spread you get depends on the account you are using and are as follows. However, this can only be confirmed by trying to make an investment and withdrawing the funds. Here is one more opinion that states that the broker provides quality service and quickly withdraws funds.
- The VIP, ECN and Zero Spread accounts have an added commission for each trade.
- If you are ready open an account with WesternFX, then you only need a few minutes to do that.
- We combine the best trading options and outstanding customer service to create a holistic trading environment where our clients can achieve their goals to the maximum effect.
- Then it’s time to switch from your demo account to the live version.
- Even if you’ve read up on everything there is to know about forex trading, nothing can come close to receiving practical exposure to the trading world – and that’s what we, at WesternFX, can offer you.
MetaTrader has become the choice of almost all traders for many reasons. It is comfortable, has many instruments, tools, signals, can be accessed on different platforms, and is legit. It even works with third-party applications and add-ons that can significantly enhance your trading experience. The brokerage service is held by the Western group INC company and was founded in 2013. The broker has three offices in Bangladesh, Canada, Saint Vincent and the Grenadines.
The modern MT5 trading platform is available for trading and analysis. Traders are provided with tools like market news, analysis, calculators, economic calendar and some other trading aids. WesternFX is a forex and CFD broker founded by experienced traders who were frustrated by the inadequacies of the existing brokers. So, they decided to set up a model brokerage firm to revolutionize the brokerage industry. Though incorporated and regulated in St. Vincent and the Grenadines, WesternFX has its headquarters located in Toronto, Canada. Since 2013, WesternFX has been offering best technology in the industry, useful education and the real time trading experience.
It is undoubtedly the world’s most popular trading platform for forex traders due to its ease of use, feature rich environment and automated trading ability. The leverage remains the same as in the previous type, but the spreads start at 0.1 pips. There’s no limit on the number of demo accounts you can open with WesternFX nor is there a ceiling on the volume you can trade using your account. If you’ve gained enough experience, you can then move on to the next step. The broker sources its pricing and liquidity from the top rated liquidity providers which is made up of the major international banks, big investment firms, etc. WesternFX uses straight through processing (STP) brokerage model and will never trade against its clients, rather, it forwards all client orders to the liquidity providers for onward execution.
We’ve also established an online Customer Service that is available 24 hours a day, 5 days a week, to guide beginners through the process and also lend expert support to seasoned Forex traders. WesternFX is an established Global STP forex broker serving both individual and corporate clients around the globe. We offer all of our customers a comprehensive range of trading options specializing in FX and CFDs (Contracts For Difference), precious metals, energy and indices. WesternFX’s technical support, and consulting services, with the goal of making the trading process efficient, hassle-free, and above all highly profitable for you. From new account registration to money withdrawal, superior customer service is our strategic priority. WesternFX is an established Global STP forex broker serving both individual and corporate clients around the globe.
At this point, you’ll be in a position to understand market trends, analyze the currency movements and find an opening that will translate into sizeable gains. As a professional trader, you’ll work independently and devise unique strategies that will help you achieve measurable success. TradingInfo features trading information to traders with all latest news to professional traders, both novice, and expert alike.
The international Forex market is enormous, and is, in fact, the largest in terms of trade volume. Anyone can get started with trading, but you will need a reliable Forex broker to help set up a Forex trading account, facilitate your buy/sell orders and assist you in making informed decisions. It has grown from a trading platform to a global community where trader’s demands are met by technology provider’s innovations. WesternFx has partnerships with many of these technology providers and is proud to offer you the next generation MetaTrader platform, designed to take your trading to the next level. If you want to get in contact with WesternFX you can do so by using the online submission form, simply fill in your query and you should get a reply via email. There is also a phone number available as well as individual email addresses for General Informal, Customer Support, Deposit/Withdrawal and also a contact name for Skype.
Therefore, they warn traders to avoid them because they are inferior to the more popular regulators like FCA, CySEC, ASIC, etc. WesternFX isn’t just about giving the clients a trading platform to execute trades, but we are much bigger than that! Our comprehensive solutions are aimed at providing an all-inclusive real-time Forex trading environment, with guidance at every step of the way to ensure success in the global Forex market.
