WikiFX, as an independent third-party information service platform, is dedicated to providing users with comprehensive and objective broker regulatory information services. WikiFX does not directly engage in any forex trading activities, nor does it offer any form of trading channel recommendations or investment advice. The ratings and evaluations of brokers by WikiFX are based on publicly available objective information and take into account the regulatory policy differences of various countries and regions. Broker ratings and evaluations are the core products of WikiFX, and we firmly oppose any commercial practices that may compromise their objectivity and fairness. We welcome supervision and suggestions from users worldwide. To report any concerns, please contact us: report@wikifx.com
您当前语言与浏览器默认语言不一致,是否切换?
切换
Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10

FREE TRADE CFD

China|1-2 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://free-tradecfd.com/?lang=en

Website

Rating Index

Contact

contact@free-tradecfd.com
https://free-tradecfd.com/?lang=en

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
China
Operating period
1-2 years
Company Name
FREE TRADE CFD
Abbreviation
FREE TRADE CFD
Company employee
--
Customer Service Email Address
contact@free-tradecfd.com
Keywords 4
1-2 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk
Account Information
Website
Company Summary
Review

Users who viewed FREE TRADE CFD also viewed..

XM

9.05
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
XM
XM
Score
9.05
  • 10-15 years |
  • Regulated in Australia |
  • Market Making(MM) |
  • MT4 Full License
Official website

MultiBank Group

8.95
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
MultiBank Group
MultiBank Group
Score
8.95
  • 10-15 years |
  • Regulated in Australia |
  • Market Making(MM) |
  • MT4 Full License
Official website

FBS

8.77
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
FBS
FBS
Score
8.77
  • 5-10 years |
  • Regulated in Australia |
  • Market Making(MM) |
  • MT4 Full License
Official website

Neex

9.13
Score
15-20 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Neex
Neex
Score
9.13
  • 15-20 years |
  • Regulated in Australia |
  • Market Making(MM) |
  • MT4 Full License
Official website

Website

  • free-tradecfd.com

    Server Location

    United States

    Website Domain Name

    free-tradecfd.com

    Server IP

    104.21.30.82

Company Summary

FREE TRADE CFD Basic Information
Company Name FREE TRADE CFD
Headquarters China
Regulations Not regulated
Account Types VIP, Premium, Standard, Micro
Minimum Deposit $250
Maximum Leverage 1:500
Spreads From 0.2 pips
Commission $6 per lot per round-turn (VIP/Premium)
Customer Support Email (contact@free-tradecfd.com)

Overview of FREE TRADE CFD

Based in China,FREE TRADE CFD is an unregulated trading platform offering four account types: VIP, Premium, Standard, and Micro. Each account type caters to different levels of traders, providing varied features to meet diverse trading needs.

Is FREE TRADE CFD Legit?

FREE TRADE CFD operates without any regulatory oversight, meaning it is not subject to the compliance and standards set by financial regulatory authorities. This lack of regulation can impact the level of investor protection and the transparency of the company's operations. Potential traders should consider this factor carefully when evaluating the risks associated with trading on this platform.

Is FREE TRADE CFD Legit?

Pros and Cons

FREE TRADE CFD offers multiple account types to meet various user needs and provides generous and flexible leverage. However, the platform operates without regulatory oversight, potentially exposing traders to risks, and lacks transparency regarding its policies and procedures. Additionally, users have reported difficulties accessing the website.

Pros Cons
  • Provides multiple accounts to meet different user needs
  • Operates without regulatory oversight, potentially exposing traders to risks
  • Generous and flexible leverage
  • Lack of transparency regarding company policies and procedures
  • Encountering difficulties accessing the website

Market Instruments

FREE TRADE CFD provides a variety of trading instruments, such as Forex, Indices, Commodities, and Stocks. Here is a table comparing the trading instruments provided by different Account Types.

Account Type Forex Indices Commodities Stocks
VIP Account Yes Yes Yes Yes
Premium Account Yes Yes Yes Yes
Standard Account Yes Yes Yes No
Micro Account Yes No No No

Account Types

FREE TRADE CFD offers a range of account types designed to suit different levels of traders, each with specific minimum deposit requirements. The VIP Account requires a minimum deposit of $100,000, catering to high-net-worth individuals or professional traders. The Premium Account has a minimum deposit of $25,000, suitable for experienced traders seeking enhanced features. The Standard Account, with a minimum deposit of $2,500, is aimed at regular traders, while the Micro Account, with a minimum deposit of $250, is ideal for beginners or those with smaller capital.

Account Type Minimum Deposit Maximum Leverage Commissions Spreads
VIP Account $100000 1:100 $6 per lot From 0.2 pips
Premium Account $25000 1:100 $6 per lot From 0.6 pips
Standard Account $2500 1:300 $0 per lot From 1 pips
Micro Account $250 1:500 $0 per lot From 1 pips

Leverage

FREE TRADE CFD provides varying leverage options tailored to different account types. The VIP and Premium Accounts offer a maximum leverage of 1:100, catering to traders who prioritize risk management. The Standard Account features a higher leverage of 1:300, suitable for those seeking greater exposure. The Micro Account offers the highest leverage of 1:500, ideal for traders with smaller capital looking to maximize their trading potential.

Leverage

Spreads & Commissions

FREE TRADE CFD offers competitive spreads and varying commission structur across its account types. VIP accounts feature spreads from 0.2 pips with a $6 commission per lot. Premium accounts have spreads from 0.6 pips, also with a $6 commission per lot. Standard and Micro accounts both offer spreads from 1 pip with no commission per lot, providing cost-effective options for traders.

Spreads & Commissions

Customer Support

Customer support for FREE TRADE CFD is available via email at contact@free-tradecfd.com, ensuring traders have access to assistance and inquiries are handled efficiently.

Customer Support

Conclusion

In conclusion, FREE TRADE CFD provides a variety of account types, competitive spreads, and diverse leverage options to meet different trading needs. Despite being unregulated, it offers email support to assist traders. With flexible trading conditions, FREE TRADE CFD caters to both beginners and experienced traders.

FAQs

Q: What account types does FREE TRADE CFD offer?

A: FREE TRADE CFD offers four account types: VIP, Premium, Standard, and Micro, each with different features and minimum deposit requirements.

Q: What is the minimum deposit required for each account type?

A: The minimum deposits are $100,000 for VIP, $25,000 for Premium, $2,500 for Standard, and $250 for Micro accounts.

Q: What leverage options are available at FREE TRADE CFD?

A: Leverage options vary by account type: 1:100 for VIP and Premium, 1:300 for Standard, and 1:500 for Micro accounts.

Q: Are there any commissions on trades with FREE TRADE CFD?

A: Commissions apply to VIP and Premium accounts at $6 per lot, while Standard and Micro accounts have no commissions.

Q:How can I contact FREE TRADE CFD's customer support?

A:Customer support is available via email at contact@free-tradecfd.com.

Risk Warning

Trading online carries inherent risks, including the potential loss of your entire investment. It's essential to recognize that online trading may not be suitable for everyone, and individuals should carefully consider their risk tolerance before participating. Additionally, please be aware that the details provided in this review are subject to change as companies update their services and policies. Therefore, it's advisable to verify the most up-to-date information directly with the company before making any trading decisions. Ultimately, the responsibility for utilizing the information in this review lies solely with the reader.

Keywords

  • 1-2 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk
Write a comment
Positive
Neutral
Exposure

Content you want to comment

Please enter...

Submit now
Write a comment
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com