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Forex City

Item: Forex City
Rating: 2.05

Iraq|2-5 years|

High potential risk|

https://www.forexcitypro.com/

Website

Open Account Time Machine

Rating Index

MT4/5 Identification

White Label

Server Name

ForexCity-Live MT5

Server Location

France

Contact

+964 7504508584

info@forexcitypro.com

https://www.forexcitypro.com/

Duhok-Chira Street, Iraq

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard

No restriction on the broker account. Support service provided by WikiFX

Single Core

40G

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Warning: Low score, please stay away!

Previous Detection : 2024-11-11

It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Forex City · WikiFX Survey

Platform Capital Ratio

--%

-- --

100%

--%

100%

Fundamental Item(A)
Total Supplementary Items(B)
Debt Amount(C)
Non-Fixed Capital(A)+(B)-(C)=(D)
Relative amount of risk(E)
Market Risk
Transaction Risk
Underlying Risk

Capital
$(USD)

Meta Trader 5

White LabelAverage

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Forex City · Company Summary

Forex City Review Summary in 11 Points
Company name	Forex City
Founded	Not mentioned
Registered country/region	Iraq
Regulation	Unregulated
Trading Platforms	MT5
Market Instruments	Forex, Currency pair, Commodities, Indices, Cryptocurrencies
Demo Account	Available
Minimum Deposit	Forex from 1.5 pips
Maximum Leverage	1:400
Spread	As low as 0.6
Customer Support	Email:info@forexcitypro.com
	Phone:+964 7505008583
	24/5 Live chat
	Instagram:https://instagram.com/forexcitypro?igshid=e26sw7chqzns

Forex City Information

Forex City is a Forex broker company registered in Iraq. The company provides a variety of trading instruments including Forex, Commodities, Indices and Cryptocurrencies to suit a wide range of trading preferences and strategies.

Pros and Cons

Pros	Cons
One of the Best Forex brokers in Iraq	Services are available in restricted areas
Offer leverage ranging from 1:100 to 1:400
Provide a wide range of trading instruments
Low Commission as $12 per 1 Standard Lot

Is Forex City Legit?

You need to note that according to wikifxs investigation, Forex City is currently not regulated by any recognized financial authorities.

What Can I Trade on Forex City?

After opening an account with Forex City, you can trade several products including stocks, futures contracts, commodities such as Forex, Commodities, Indices and Cryptocurrencies, etc.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Indices	✔
Cryptocurrencies	✔
Currency pair	✔

Account Type

Regarding the description of the account, there is no mention on the Forex City website.

Forex City Fees

Forex City charges spreads on all trades. Forex City charges trading commissions, which can be as low as $12 per standard lot, although there are no overnight fees.

Trading Platform

This Forex City trading platform uses MT5. MT5 offers all the advanced features offered by MT4 and adds 1000 stock (share) CFDs, making it the ideal multi-asset platform. Trade Forex, Stocks, Gold, Oil and Stock Indices from 1 platform with no rejections, no requotes and flexible leverage from 1:1 to 888:1.

Trading Platform	Supported	Available Devices	Suitable for
MT5	✔	PC	Anyone

Deposit And Withdrawal

Forex City offers a variety of deposit and withdrawal methods to meet customer needs. Here is a summary of the available methods, associated fees and minimum transaction amounts:

Deposit Options

Deposit Options	Min. Deposit	Fees	Processing Time
Credit/Debit Cards	No requirement	2% deposit fee	Instant
Bank Wire Transfer	No requirement	No handling fee	Instant
Skrill	No requirement	No handling fee	Instant
Neteller	No requirement	No handling fee	Instant

Withdrawal Options

Withdrawal Options	Min. Withdrawal	Fees	Processing Time
Credit/Debit Cards	$250	3% deposit fee	Instant
Bank Wire Transfer	$250	No handling fee	Instant
Skrill	$250	No handling fee	Instant
Neteller	$250	No handling fee	Instant