forexite Review: Pros, Cons, And How It Stacks Up | for 2023
This forexite review has been updated for 2023 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about forexite to give you the most comprehensive guide available.
forexite is a professional broker that was founded in 2010. They have around 217 staff that help the company provide Financial Markets Access, to 10,000+ customers through MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps.
forexite Guide – Read our In-Depth forexite Review
forexite Rating: 5.15 / 10
This forexite review page contains information about investing with forexite. It is intended for educational purposes only and should never be considered financial advice. comparebrokers.org is not a brokerage or advisory service. We do not recommend or advise that investors buy or sell securities or stocks.
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Please note that due to regulations, the content in this review of forexite does not apply to users in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
This forexite review contains the latest details surrounding forexite.
If you are new to the world of trading online and brokerages, so many nuances will no doubt be perplexing for you. Getting into the world of trading online demands expert assessing skills and thorough knowledge. You will acquire adept at all the concepts of trading online and brokerages as you keep trading. For starters, you have to choose the ideal agent who'll constantly be clear with you.
Within this fast-paced world of financial markets and online trading, you'll need advice to make correct decisions. A professional, direct investment partner could aid you in minimising any potential losses and maximising any returns. forexite is just one such stage which can assist you. It's important that you learn about any broker before you trust them with your money.
forexite Guide for 2023 – Brief Overview
forexite Telephone: | |
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forexite Address: | |
Year Founded: | 2010 |
Regulated By: | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F229 |
Hedquarters: | Switzerland |
Minimum Deposit: | $250 |
Number Of Clients: | 10,000+ forexite users and traders |
forexite LinkedIn: | |
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forexite Facebook Likes: | 0 |
forexite Twitter: | @ |
forexite Twitter Followers: | 0 |
forexite Instagram: | |
forexite Instagram Followers: | 0 |
forexite Youtube: | |
Your capital is at risk |
Our full forexite review for beginners covers all you need to learn about trading with forexite. A good broker can take your initial investments and help to protect it from losses but also give you a platform that can help to give you profits. If you want to earn profits, you should trade with a broker service that contrasts with your investing goals.
Of course, there is no sure-fire way to ensure profits; thus, you should carefully analyze your broker before you select them. It's a frequent misconception that all brokers are the same, but that's not correct. Wrong judgment, initially, can set your investments at risk.
forexite is a trading partner which has forged its way successfully into the broker world. Within this review, we've tried to collate some of the important facets of forexite. This guide can help you to understand whether forexite is a good fit for your own investments or not. We've tried to breakdown all the features and charges for your advantage.
Who are forexite?
forexite is a foreign exchange broker headquartered in Switzerland and provides a variety of tools for online trading. Since its beginning in 2010 they have emerged as a leading player in the field of online trading. forexite has a highly professional and full-featured trading site that's focused on currency, indices, metals, shares, commodities.
Over the past 13 years, forexite has developed into one of the top online brokers available to the public.
After establishing itself in 2010, their consumer base has become as large as 10,000+ clients.
forexite is a favourite for many traders because of its negative balance protection. Our forexite account review found that they are a professional choice for online trading options. They are best suited for investors who are searching for a variety of assets. Social and easy to use trading solutions are the heart at forexite.
Technology plays a substantial role in forexite. They offers trading on MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps. forexite is honest, transparent, and also a well-regulated agent by the Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F229. Their outstanding variety of tools will be beneficial for the majority of traders. Third-party partnerships also provide in-house research.
The trader resource section at forexite is quite comprehensive for new traders as it permits them to get a closer look in the financial markets. forexite caters to all sorts of traders and are a must-have broker for any well-diversified method of online trading.
Benefits of trading with forexite in 2023
Trading with forexite comes with numerous advantages. These benefits are what sets forexite ahead of all other online agents. You need to check all of the advantages listed so you have a better comprehension of forexite.
The broker goes to great lengths to comprehend what dealers want. Consequently, the support, quick, and convenient. The agent also provides a number of programs for all kinds of traders. forexite helps to ensure that the individual needs of all traders are met to the best of their ability.
forexite also features excellent trading conditions which are readily available to all and not only an elite class of institutional customers. The tight spreads and quick executions are a fantastic advantage for all traders. The technology embraced by forexite is among the maximum caliber, making sure that it's fast, reliable, and efficient.
forexite acknowledges the significance of owning a quick order execution. A quick implementation enables users to trade without fretting about slippage safely. It is going to also help the dealers to catch any opportunities.
Copy trading is another important aspect of forexite. A new dealer can learn from business experts using the automated copy trading alternative. This means you can see well performing traders and instantly copy their trades and benefit from their expertise
To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, forexite offers social trading which encompasses leading traders sharing their knowledge with the community. forexite's social trading platform allows traders to share their expertise with others to build a community of investors and traders. Which stocks they are following, what stocks to buy, and what stocks to sell. Intermediate traders can then absorb this expert knowledge and create their own trades. This is independent copy trading.
forexite has over 112 trading tools to support all types of traders. These tools are lively and convenient for both the new and experienced traders. All traders can put aside all their worries when trading with forexite.
forexite Overview
Year Founded: 2010
Regulated By: Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F229
Hedquarters: Switzerland
Minimum Deposit: $250
Number Of Clients: 10,000+
Your capital is at risk
If you feel that forexite is not right for you then at the bottom of this forexite review you will find a lot of alternatives to forexite.
Everything you should know about trading using forexite
forexite is a dynamic platform that offers various methods of trading. These tools cover the financial markets substantially. The Majority of the brokerage platforms provide less approaches than forexite
If you want to trade with forexite, you'll need a minimum deposit of $250. This deposit is mandatory if you would like to start trading using forexite. This 2023 forexite review will direct you clearly about trading with them.
forexite is as versatile as another broker platform. forexite is excellent for traders who want a manageable assortment of low-cost services. The platforms supplied by forexite are third-party, white-label offerings. All traders can pick from MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps
Along with everything, forexite has multiple benefits to new and verteran traders and should be investigated. There is no minimum time over which a trade must be kept open. The brokers offer premium client service that rewards clients with benefits.
Many less reputable brokers attempt to pressurise customers into bigger financing for premium services. forexite, on the other hand, is much more focused on trading volume. Traders can expect trading conditions to be fair, honest and transparent. The more lots traded by the consumer, the more benefits will come along.
forexite accounts are available all over the world and provides outstanding service everywhere they have clients. There are some select few countries where forexite accounts are not available. Traders in the following countries cannot open or use a forexite account:
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is forexite Safe To Trade With In 2023?
Launched in 2010, forexite has been open for 13 years, they have a head office in Switzerland
forexite is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F229. These figures have rules that ensure that trading platforms have measures in place to maintain investor's resources procured. This usually means that forexite users do not need to worry about their money as it is segregated and safely stored in established banks. SSL encryption simplifies each user's private information as well.
You are able to make use of an option for Two Factor Authentications (2FA) with forexite for increased safety. An SMS with the confirmation code will be sent to your mobile phone. You'll be asked to enter this code to log in to your accounts.
Another concern with online trading brokers with respect to safety might be manipulation of trading. This is highly disadvantageous to users on these platforms. However, this is much more widespread in the case of Market Maker brokers who compete with users on the stage.
forexite Risk Disclaimer
Your capital is at risk
Pro's & Con's Of Trading With forexite
Every online trading platform has a few pros and cons forexite review would be complete without having a balanced approach. This forexite review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
forexite Pro's
forexite is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F229.
forexite has been trading for 13 years.
forexite offers customer support over the phone.
forexite provides customer support over email.
forexite gives access to customer support over livechat.
forexite offers negative balance protection.
You can trade Cryptocurrencies with forexite.
forexite has over 100 employees.
forexite offers social trading.
forexite offers copy trading.
forexite allows scalping.
forexite allows hedging.
forexite allows commodity trading.
You can trade metals with forexite.
You can trade energies with forexite.
forexite Con's
forexite is not highly rated by us. forexite hasn't won any awards. forexite doesn't offer guaranteed stop loss. forexite has a high minimum deposit requirement. forexite charges withdrawal fees. forexite charges inactivity fees.Compare Brokers Similar To forexite
Regulation And Licencing In More Detail
forexite is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F229.
forexite, as a company, has a powerful set of rules for ensuring honest trading on its own platform. For data encryption purposes, it provides an industry-standard secure socket layer (SSL).
In accordance with the company's privacy regulations, client information is never to be shared with any other institutions or individuals. Including credit history and other financial details.
forexite Awards
At the time of writing this forexite review, and despite forexite’s impressive offering, the company has surprisingly not garnered any awards to date.forexite Trading Platforms
forexite are a professional trading platform that has been open for over 13 years. They offer a wide range of options in their user accounts.
In the following table we take the main parts of any good online trading platform and compare forexite against freetrade, and easyMarkets.
forexite MetaTrader 4 (MT4)
MetaTrader 4 also known as MT4 is one of the top trading platforms on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to cover all your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.
The MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements.
You can start using the MetaTrader 4 platform with forexite in multiple formats including through an online web platform, or through a downloadable application for Windows PC's and Mac's. forexite MetaTrader 4 is compatible with the latest macOS. forexite allows traders to trade on mobile devices through Android and iOS devices.
Metatrader 4 Webtrader and forexite
MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators.
Trading With forexite MetaTrader 4 On iOS Devices
You can download the forexite app or also trade with forexite through the MetaTrader 4 application on the Apple app store.
Download the forexite MetaTrader 4 Program free of charge from Apple's App Store. forexite customers have instant access to the Financial markets, with the ability to completely manage a Portfolio on the go.
Trading With forexite MetaTrader 4 On Android Devices
Andorid mobile devices and tablets are used by millions of people globally. forexite provides its clients access to the MetaTrader 4 platform on Android supported devices so that their 10,000+ customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android forexite MetaTrader 4 application enables traders to make the most of multiple advanced trading features which enables them to monitor and trade quickly on the go, simply and securely.
Minimum Deposit Required
The minimum deposit you must deposit to begin on forexite is $250. This is an adequate amount for people just beginning. You can create more advanced residue as you go along. But, make certain you know how to make the most of your cash before investing larger sums.
Commission And Fees Explained
forexite is an online brokerage platform, and most online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the companies of online brokerages are scaled better. That is, an online broker isn't necessarily influenced by the amount of customers they have.
However, this does not necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to earn money. There are primarily three types of fees for this objective.
The first sort of charges to keep an eye out for are trading charges. Whenever you make a genuine trade, like buying a stock or an ETF, you are charged trading fees. In such instances, you are paying a spread, financing rate, or a commission. The kinds of trading fees and the prices vary from broker to broker.
Commissions could be fixed or dependent on the traded volume. On the flip side, a spread refers to the gap between the buying and selling price. Funding or overnight rates are those who are charged when you maintain a leveraged position for longer than a day.
Apart from trading charges, online brokers also charge non-trading fees. These are dependent on the activities you undertake on your account. They are billed for operations like depositing cash, not trading for long periods, or withdrawals.
Generally, forexite does not charge high fees in comparison to other online agents. For operations other agents charge for, they either do not charge a brokerage fee, or they charge a lesser sum. This can be beneficial for those who regularly trade, for example daily or weekly trading.
However, non-trading fees billed by forexite are comparatively higher. Consequently, you're charged more for non-trading activities on your trading accounts, such as withdrawal and deposits. These aren't related to the sale and purchase of resources.
This forexite review breaks down every one of the applicable non-trading charges for you in detail.
Compare Broker Fees Of forexite
forexite Withdrawal Fees Explained
forexite charges a withdrawal fee if you create a bank transfer. Every time you move money back into your bank accounts, these withdrawal fees become applicable.
Withdrawal of money is possible at any moment from the forexite account. It's possible to draw sums up to the amount of your account balance, keeping aside the perimeter used. One thing to remember is that you don't always need to have any money in your accounts.
In addition, the withdrawn money will be transferred directly to the accounts you use to create deposits. Thus, in the event that you used a credit card for deposits, the withdrawn money will be sent to the cardforexite will ask you to offer other withdrawal methods in case your details have changed since your deposit.
There is a minimum withdrawal amount. In case you're withdrawing money in various currencies from USD, a conversion fee is also applicable. The conversion fee will be dependent on the currency you're choosing to draw in.
forexite Inactivity Fees Explained
forexite charges an inactivity fee when you don't create any trades for a while.
Even if no fees are implied by forexite, it's better for you to close the account if you're inactive. Inactivity fees are not only charged by broker firms but also many financial services.
For other trading platforms, the inactivity fee depends on the sort of account you've selected. The inactivity fee is subjected to many conditions and needs to be disclosed clearly by the broker beforehand.
forexite Deposit Fees Explained
When you move money into your trading account from the bank account, a deposit fee can be billed by the broker. Most agents do not charge an excessive amount of money for this particular operation.
forexite doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed
Depositing money onto the forexite trading platform is simple. You just have to complete a single-user profile questionnaire to start depositing money into your trading account. You will need to provide an identity evidence and evidence of residency to deposit large amounts.
Compare forexite Vs Other Broker Deposit Methods
What Can You Trade With forexite in 2023?
Note: forexite offers many different trading instruments due to regulatory restrictions in a few countries. Trading instruments offered may be different depending on the country of residence of the client.
forexite has a wide variety of over 112 instruments available for you to trade with.
If trading currency pairs is of interest to you then forexite offer over 82 currency pairs.
Compare forexite, freetrade & easyMarkets below.
forexite Trading App Review
Note: forexite's mobile app has many functions and is being developed all the time. The below information was accurate at the time of writing this forexite broker review.
Understand the capabilities of the mobile apps of forexite, freetrade & easyMarkets below.
Trading Education Available At forexite
Understand the trading resources available with forexite, freetrade & easyMarkets below.
forexite Customer Support
For this forexite broker review we tested the options for customer service including response times, and on the forexite trading platform problems resolution effectiveness. forexite provides support in various languages, including English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic
forexite Live Chat Support
We have tested the live chat on forexite and it worked flawlessly. We made a request to forexite livechat via their app and web site and got a reply in less than 20 seconds. On Occasion there was no response.
We have tested communication via forexite support in multiple languages across multiple countries. forexite were successful in resolving customers' issues.
forexite Phone Support
We phoned forexite and the call was answered very quickly. The call was answered in less than 5-10 minutes.
The forexite phone support team was able to successfuly answer our queries and problems over the phone. We tested the multi-lingual forexite team by calling in varying languages. forexite made an effort to make sure all of our questions were answered.
Overall, the phone support from forexite was satisfactory.
forexite Email Support
We sent several messages to forexite and responses were generally good. The fastest email response time from forexite was 3 hours and the longest response time was 3 days! There were times when there were no responses. Support response times may vary depending on what is needed from forexite, however, we've had the experience of sending out 10 emails at different times.
The team solved and responded to our queries. Average email support from forexite was good.
Alternatives To forexite
If, after reading this forexite review, they don't fulfill your requirements check out these forexite alternatives.
We've scoured the web to find the best alternatives to forexite. Click the links below to learn more.
Frequently Asked Questions
Can I try forexite before I buy?
Absolutely! you can most definitely try forexite before you buy. forexite provides demo accounts for the convenience of inexperienced traders. You can use this feature to build your faith in the system as well as yourself and your trading strategies.
If you register to get a demonstration account with forexite, you may set out with a decent amount of virtual money. It is to establish a sense of safety and confidence in you until you choose to spend your own money.
With this digital forexitedemo account, you can experiment in any way, to whatever length you wish. You can even open positions, examine different trading strategies, and more.
forexite shows on its official site how you can trade real time stocks in a demo account.
Is forexite safe?
You can drop all of your worries because we believe that forexite is completely safe to use. It is in compliance with all the principles of Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F229.
Even so, forexite doesn't have assured stop-loss protection.
Why does forexite ask for my passport?
The reason that forexite asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, forexite has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, forexite must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with forexite?
The process to start trading with forexite is super simple. You need to begin by signing up on the forexite website. It will require you to fill in details pertaining to the credibility and security of your account. You will probably also have top go through the standard KYC (Know Your Customer) checks but forexite are normally pretty quick with this.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with forexite is $250. You should have a good {understanding of|hold over} the {details|nuances} of online trading before you set out and trade with real money as losses can exceed deposits.
If you are confident of your knowledge and understanding, you can open an account with forexite.
The best way to kickstart your trading career with forexite is to open a demo account facility before risking any real money
What funding methods do forexite accept?
There are a number of ways to finance your accounts with forexite. The process is effortless and quick, with various payment methods in your fingertips.
You can use credit or debit cards ranging from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal can be at your disposal for depositing money. You must bear in mind that PayPal isn't available in all country. The currencies forexite accepts for deposit are USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD.
Other deposit methods you can embrace are Neteller, Skrill, Rapid Transfer, and iDeal. Besides online banking, wire transfer is a possibility also, though it takes about 4-7 days.
Is my money safe with forexite?
Yes, your cash is safe and secure with forexite. As you know, forexite operates with proper conformation to regulations. It has established lots of measures to protect all of its investors.
forexite protects its clients' private and sensitive information under SSL encryption. Your capital will be kept highly secure in top-tier banks.
If you want to further safeguard your accounts, you can enable Two-Step Verification as well. It takes an SMS confirmation that you get your accounts.
Is forexite trading good?
Yes, trading through forexite is a nice and decent experience indeed. It is an excellent and intuitive platform with useful features for your ease. In addition, you could also gain access to a huge selection of educational tools and assistive substance to kickstart your trading experience.
If you remain skeptical, it is possible to open a eToro demo account and evaluate the credibility of the platform for yourself.
Which Countries do forexite support?
forexite operates around the globe. However, due to regulations forexite can't accept clients resident in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is forexite legit?
forexite is a legit company headquarted in Switzerland since 2010. They are regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F229. forexite is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is forexite a good broker?
forexite is an excellent agent, and its own users can vouch for it. The highlight of this platform is its fast order execution on trades.
You will discover the clean layout of the platform along with the admirable features are pleasant to work with.
Is forexite a trustworthy broker?
Yes, forexite is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can affirm to their trustworthy nature.
What is the minimum deposit for forexite?
The minimum deposit to open a live account with forexite is $250
How long do forexite withdrawals take?
Normally, withdrawal of money from forexite is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for a withdrawal from forexite to show in your bank account and withdrawls are available in any of the following currencies.
USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD
Is forexite regulated?
forexite are regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F229
Is forexite a market leading broker?
forexite is currently among the industry leaders. It has over 10,000+ registered customers and over 13 years of experience on its own record. They are one of the world's top trading platforms and a dominant figure in the Fintech revolution.
It majorly owes this standing to its unbelievable platform and wide range of tools plus resources so you can invest in capital markets.
Is forexite a con?
No, forexite is not a con. They are regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F229 and must adhere to their rules. Thus, it is safe to say that forexite is not a scam.
Can you make money with forexite?
Through forexite, many traders earn a lot of cash. However, just like all online trading platforms, it is important to note that traders can also lose money. In particular, Your capital is at risk
This may seem to be a small number, but over the year, it adds to a substantial number of gains. While forexite supply you all the tools to earn money, they cannot guarantee you will profit.
Does forexite have fees?
Yes. To start trading using forexite, you have to deposit $250. Particular commissions while trading also applies. Any processing fees from your bank will need to be incurred by you.
When was forexite founded?
forexite was founded in 2010 in Switzerland. forexite is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F229.
How many people use forexite?
forexite is a globally recognised agent with 10,000+ clients.
Where is the forexite head office?
forexite has its head office in Switzerland
Does forexite offer negative balance protection?
Yes, forexite has Negative Balance Protection. It is specially offered when the market volatility keeps clients from allowing their accounts go in the red. In such a scenario, forexite provides the ability to reset a clients account balance to zero.
You should go through the important stipulations on forexite's site to understand their policies.
Does forexite offer guaranteed stop loss?
forexite, unfortunately, doesn't provide guaranteed stop loss. forexite provides a chance to its dealers to close their trade at their given price. Apart from that, forexite does not offer guaranteed stop loss.
Does forexite allow scalping?
Yes, forexite does permit scalping. Many traders throughout the world choose forexite due to their scalping services. They offer trading on MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps which let this.
Does forexite allow hedging?
Yes, forexite does allow hedging.
Can you trade energies with forexite?
Yes, you can trade energy stocks with forexite
Can you trade agricultural shares with forexite?
No, unfortunately you cannot trade agricultural stock with forexite
Can you trade cryptocurrency with forexite?
Yes, you can trade cryptocurrency with forexite
Can you trade metals with forexite?
Yes, you can trade metals with forexite
Can you trade UK Shares with forexite?
No, unfortunately you cannot trade UK shares with forexite
Can you trade US Shares with forexite?
No, unfortunately you cannot trade US shares with forexite
Can you trade Japanese Shares with forexite?
No, unfortunately you cannot trade Japanese shares with forexite
Can you trade German Shares with forexite?
Yes, you can trade German shares with forexite
Does forexite accept bank transfers?
Yes, forexite accepts bank transfers for depositing money.
Does forexite accept credit cards?
Yes, forexite accepts credit cards for depositing money.
Does forexite accept PayPal?
Yes, forexite accepts PayPal for depositing money.
Does forexite accept Skrill?
Yes, forexite accepts Skrill for depositing money.
Skrill (formerly Moneybookers) is a digital wallet company that was founded in 2001. It offers a variety of online payment and transfer services.
Since its inception, Skrill has expanded to operate in over 120 countries and has a digital wallet that is available in 40 different currencies. Customers can transfer funds to their Skrill wallet using various options for payment, including credit cards, bank transfers, and several alternative payment methods. The funds can then be used to pay merchants, other Skrill users, or transferred to cryptocurrency.
Skrill also provides cross-border payment through its remittance service Skrill Money Transfer. Customers can send money to an account at a bank overseas with their bank card. In 2015, Skrill was acquired by the Paysafe Group along with former competitor Neteller and the prepaid payment company paysafecard.
Skrill holds a number of licenses that allow it to provide its services throughout Europe and around the world. Skrill is managed by Paysafe Payment Solutions Limited, an entity that is incorporated in Ireland and is regulated by the Central Bank of Ireland, for its European regulated operations. Skrill's operations outside Europe are managed by European Economic Area are operated by Skrill Limited - a company which is incorporated inside the United Kingdom and regulated by the Financial Conduct Authority.
Does forexite accept Payoneer?
Yes, forexite accepts Payoneer for depositing money.
Payoneer is an American financial services company that provides online money transfer, digital payment services and provides customers with working capital.
Account holders can send or receive funds via an ewallet, virtual bank account number in local currency, or a reloadable prepaid MasterCard debitcard. The Payoneer debit card allows money to be used online or at point-of-sale with the Payoneer debit cards. The company specializes in facilitating cross-border B2B payments. It provides cross-border transactions in 200 countries and territories and more than 150 local currencies, with its cross border wire transfers, online payments, and refillable debit card services.
Payoneer is used by companies like Airbnb, Google, Amazon and Upwork to send large-scale payouts all over the globe. It's also used by eCommerce platforms like Rakuten, Walmart, Wish.com, and freelance marketplaces like Fiverr, Envato, and works in conjunction with ad networks to link these companies with publishers based out of their headquartered countries.
Payoneer is a content creator and works with Pond5, iStock, Pond5 and other companies as well as the freelance market.
Payoneer has a customer care team with 320 employees who support 4 million customers in 70 languages, operating in 150 different currencies.
The company launched a service in October 2019 that allows small and medium-sized companies to send money anywhere in the world fast and cheaply.
Does forexite accept Neteller?
Yes, forexite accepts Neteller for depositing money.
Does forexite offer Live Chat customer support?
Yes, forexite offers customer support through live chat.
Does forexite offer phone customer support?
Yes, forexite offers customer support over the telephone.
Does forexite offer email customer support?
Yes, forexite offers customer support through email.
What languages can forexite communicate in?
forexite has the ability to communicate and support customers who speak: English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic
Does forexite have a wikipedia page?
No, forexite does not have an official wikipedia page.
Does forexite offer demo accounts?
Yes, forexite offers demo accounts so you can test your trading strategies before risking any real money. Newbie traders can open a demo account in order to better understand the aspects of Forex trading and test out some of the company’s features before getting a live account.
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Table Of Contents
- Who are forexite?
- Benefits Of Trading With forexite
- Everything you should know about trading with forexite
- Is forexite Safe To Trade With?
- forexite Risk Disclaimer
- Pro's & Con's Of Trading With forexite
- Compare Brokers Similar To forexite
- forexite Regulation And Licencing
- forexite Awards
- Minimum Deposit Required For A Live Account With forexite
- forexite Commission And Fees
- Compare broker fees against forexite
- forexite Withdrawal Fees Explained
- forexite Deposit Fees Explained
- Compare Broker Deposit Methods
- What Can You Trade With forexite?
- forexite Customer Support
- forexite Live Chat Support
- forexite Phone Support
- forexite Email Support
- Alternatives To forexite
- Frequently Asked Questions About forexite