Real Forex Broker
Company | FinoCorp Ltd |
---|---|
Established in | 2007 |
Online since | 2007 |
International Offices | Belize, France, United Kingdom |
Payment Methods | Credit/Debit Cards, MoneyBookers, Wire Transfer |
Demo Accounts & Platforms | MT4 -ECN |
Account currencies | United States Dollar |
Regulated & Registered by | No |
Are US Traders allowed? | Arabic, English, French |
Bonus? (detailed) | |
Languages in which website is available? | Arabic, English, French and Russian |
Languages in which Support is available? | Arabic, English, French and Russian |
Different Support methods? | CallBack, Email, Phone |
Types of Account (micro standard executive islamic) | ECN Standard Account, ECN VIP Account |
Minimum deposit in accounts | $1,000 |
Minimum position size | 0.01 lot |
Type of Spread? | Variable |
Minimum spread on EUR/USD, pips | 1 |
Is Scalping Allowed? | Encouraged |
Types of Trading Instruments (GOLD; CFD, etc. and the leverage) | Forex -1:100 |
Real Trading platforms | Meta Trader 4, Real Stream |
Digits after the dot in quotes | 5 |
Margin call level | 10% |
Stop-out level | 10% |
Total Number of currency pairs | 24 |
Any Bonus offers | Yes |
Affiliate program Available? | Yes |
Facility of Overnight interest rates (swaps) | Yes |
Do they have Trailing stop? | Yes |
Do they have Pending orders? | Yes |
Mobile trading allowed? | Yes |
Browser-based platform present? | Yes |
Real-Forex broker is a company named Finocorp Limited and was established in the year 2007 and started with their online trading option the same year. This is one of the very few companies which started recently and became one of the most respected and preferred forex Company. They have their office in Belize, France and United Kingdom and have the headquarter in London. Though the company is not regulated it is still the most reliable and preferred company by many traders because of the honesty they add to their trading experience. They allow traders to make deposit and withdrawal of money through credit cards, debit cards, MoneyBookers and wire transfer. The company makes sure that the customers do not face any problem while making a deposit or when withdrawing their funds. Their website is multilingual and is available in Arabic, English and French. Their customer support service is also excellent and is available in Arabic, English, French and Russian through Call Back, Email and phone. The customer support staffs are well-trained to handle any trading issue with ease and are very friendly.
They also offer to their customer features like free education, trading contests, MAM accounts, segregated account and also offer affiliate programs. They also offer personal manager to their traders who help them to manage their accounts better. The trading platform offered by them for demo account is MT4-ECN while for real accounts it is the most commonly used trading platform in the forex market, Meta Trader 4 and the in house platform Real Stream. They encourage the use of scalping in trading and also the Expert Advisor. Hedging is also allowed by them. They offer mobile trading and are a boon for all those traders who are most of the time travelling but still would like to trade while on move.
The reviews are the best way to know the real self of the company and its services offered to their clients. The reviews posted online by the users of Real Forex shows that they have thousands of happy and satisfied customers. Most of the reviews speak about their honesty and reliability though not being regulated. Most of their traders like that they only deal with ECN and have mentioned that their service is excellent. Many of them speak about their excellent customer support service which is ever ready to help them out with any issues that they may face. Their customer support service and the website are multilingual and are loved by non-English speakers. They allow 24 currency pairs to trade in which includes all major pairs and 3 exotic pairs. Some of the cons associated with the company are that they allow only United States Dollar as account currency and the minimum amount required to open an account with them is $1000. However, the overall reviews of the company show that it has been able to make a niche in the forex market. The average rating given to the company by its users is 7.7 out of 10.