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Fair Forex

Saint Vincent and the Grenadines|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://fairforexsentry.com/

Website

Rating Index

Contact

support@fairforexfx.com
https://fairforexsentry.com/
Suite 305, Griffith Corporate Centre, Beachmont, Box 1510, Kingstown, St Vincent and the Grenadines
https://www.facebook.com/fairforexfx/

Licenses

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

VPS Standard
*No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Warning: Low score, please stay away!
2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

Basic information

Registered region
Saint Vincent and the Grenadines
Operating period
2-5 years
Company Name
Fair Forex Ltd
Abbreviation
Fair Forex
Company employee
--
Customer Service Email Address
support@fairforexfx.com
Company address
Suite 305, Griffith Corporate Centre, Beachmont, Box 1510, Kingstown, St Vincent and the Grenadines
Keywords 4
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk
Website
Company Summary
Disclosure
Review

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Official website

Website

  • fairforexsentry.com

    Server Location

    United States

    Website Domain Name

    fairforexsentry.com

    Server IP

    35.208.168.182

Company Summary

Fair Forex Review Summary
Founded2-5 Years
Registered Country/RegionSaint Vincent and the Grenadines
RegulationUnregulated
Market InstrumentsForex, Cryptocurrencies, Indices, Commodities, Stocks
Demo Account
LeverageUp to 1:500
SpreadAs low as 0.0 pips
Trading PlatformMetaTrader 4, MetaTrader 5, WebTrade
Min Deposit$50 (Standard Account)
Customer SupportEmail: support@fairforexfx.com

Fair Forex Information

Operating as an unlicensed broker for one to two years, Fair Forex LTD, with headquarters in Saint Vincent and the Grenadines, has been It provides trading in forex, cryptocurrencies, indices, commodities, and stocks among other asset types. Popular platforms such MetaTrader 4, MetaTrader 5, and WebTrade let clients trade.

Fair Forex Information

Pros and Cons

Pros Cons
Wide spectrum of marketable toolsAbsence of regulatory oversight
Up to 1:500 flexible leverage choicesLimited information availability (inaccessible website)
Selection of several trading systemsUnregulated status

Is Fair Forex Legit?

Fair Forex is not regulated, which means that it is not watched over by any financial officials like the FCA (UK) or ASIC (Australia). Trading is riskier because brokers don't have to follow industry standards to protect investors because there aren't any enforcement bodies.

Is Fair Forex Legit?

What Can I Trade on Fair Forex?

Fair Forex provides tradable assets ranging from commodities to currencies and cryptocurrencies. This spectrum enables traders to participate in several market prospects.

Tradable Instruments Supported
Forex
Commodities
Crypto
CFD
Indexes
Stock
ETF
What Can I Trade on Fair Forex?

Account Types

Three live account options are available from Fair Forex: Standard Account (for beginners, min deposit $50, spreads from 0.8 pips), Raw Spread Account (for experienced traders, min deposit $500, tight spreads), and ECN Account (min deposit $10,000, quick execution). There are neither Islamic nor a demo version. Every kind of account fits different degrees of experience and trading preferences.

Leverage

The asset being exchanged determines the different leverage Fair Forex provides. Leverage for FX is up to 1:500; for commodities it is up to 1:100; for cryptocurrency it is limited at 1:50.

Fair Forex Fees

Fair Forex offers low spreads, starting from 0.8 pips for the Standard Account and as low as 0.0 pips for the Raw Spread and ECN Accounts. Swap rates (overnight fees) are applicable but not explicitly mentioned.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MetaTrader 4 (MT4)Desktop, Mobile, WebAll types of traders
MetaTrader 5 (MT5)Desktop, Mobile, WebAdvanced traders
WebTradeBrowser-based platformConvenient for quick access

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk
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