GENERAL INFORMATION AND REGULATION
SNP-500 is a global CFD and Forex online platform provider with many years of industry experience. Their vision was to create a one-stop destination where traders could access a full range of trading products in global markets. The convenience of being able to trade CFDs in equities, currency pairs, indices, commodities, and futures from the one account is one of the key reasons traders choose SNP-500. Their clients can access global markets through their advanced enhanced trading platforms. This includes their leading WebTrader and mobile trading apps for Android devices.
MARKET INSTRUMENT
The Tradeable Instruments on offered at the CashFx broker includes: Energies, Metals; Precious metals include silver, platinum, and palladium, and more. The best known of these metals is, of course, gold. In todays trading world, it is possible to gain profits from a commodity, such as gold, without having to own the metal physically.
ACCOUNT AND LEVERAGE
SNP-500 offers a single real Trading accounts with no minimum deposit disclosed and leverage.
To enter the world of CFD and Forex trading, you need to open a real account so that you can trade live and feel the exhilaration of being part of the largest financial markets in the world.
A real account allows you to use your risk and money management skills and, at the same puts you into the world of earning real profits. Prior to trading with real money, it is essential that traders – especially those who are new to the financial trading arena – have a thorough understanding of how the market works.
For this reason, SNP-500 offers educational tutorials and other resources that will assist you in being more comfortable with trading.
Be sure to stick to the money management guidelines also when you only trade for small amounts of real money. Do not make trades with your whole balance. Set yourself a limit such as two or five percent of the account balance that you invest in a single trade. This way, you can gain plenty of trading experience, even if you are unlucky and lose money in the long run
SPREADS AND COMMISSIONS
The Broker doesn't give details information about the spreads and commissions charged for trade.
TRADING PLATFORM AVAILABLE
The Broker uses Their own trading platform called WebTrader.
WebTrader is the worlds leading trading platform for experienced and professional traders. You can quickly download the SNP-500 WebTrader trading platform for trading in commodities, currencies, stocks, and indices.
Their WebTrader platform allows you to customize and personalize your trading experience. You can add various Expert Advisors (EA) quickly and integrate them into your trading strategies while using the most advanced charts available on a trading platform. You can even automate some of your trades. Learning to use Their WebTrader platform is quick and easy, and they are always ready to assist you.
The advantages of trading in commodities, currency pairs, stocks, and indices with WebTrader are too long to list, but some of the most important include personalization and customization. The WebTrader platform supports full customization features, so traders can tailor the platform to meet their trading needs and practices
DEPOSIT AND WITHDRAWAL
They offer many methods of funding your account. These vary by country based on local requirements. They offer Visa/Mastercard, and most other credit cards.
They are continually striving to offer you some additional deposit and withdrawal options to make the process even more comfortable. If you have any queries, just contact Their Client Support Team. Most deposits are posted within minutes, but several take days to verify. Please contact them for more specific details.
Withdrawals are processed within 24-72 hours, but it might take more time for your processor to complete the withdrawal. Higher-level accounts get higher priority in processing.
Please be aware of their strict KYC policies and international money laundering and terrorism laws.
You can find the complete details under the KYC heading on their website or contact customer support. Please make sure your documents are in order.
Withdrawals to credit or debit cards are processed back to cards as “refunds” up to the amount charged by an individual for funding his/her account. Any remaining balance exceeding your deposit with your credit card will be sent via wire transfer.
CUSTOMER SERVICE
The Broker offers only one option for traders to contact them.
For any questions, please contact our support team by e-mail: support@snp-500.com.
