general information and regulation of FXMUNDO
FXMUNDOit was registered in china less than 1 year ago and currently does not have any regulatory license. the information on their website is quite limited.
In the following article, we will analyze the characteristics of this merchant in all its dimensions, offering you easy and well-organized information. If you're interested, read on.
At the end of the article, we will also briefly extract the most significant advantages and disadvantages so that you can get an idea of the broker's features at a glance.
market instruments
currency pairs, indices, raw materials, metals, energies, cryptocurrencies, stocks, bonds, etfs… FXMUNDO gives its clients access to a massive trading market. So beginners and sophisticated alike could find what they want to trade on. FXMUNDO .
spreads and commissions to trade with FXMUNDO
FXMUNDOIt does not detail on its website the additional trading costs of spreads, commissions, swaps, which are very important when calculating profits and losses. these costs should be considered together and not chosen in isolation, and if you want to trade with FXMUNDO We recommend that you take some time to calculate these trading costs.
trading accounts available at FXMUNDO
FXMUNDOdoes not provide account information. As a general rule, a forex broker will offer several different levels of live accounts with different trading conditions (leverage, spreads, commissions, etc.) depending on the minimum deposit. In addition, many brokers offer demo accounts in which those interested can operate without incurring real monetary losses. Since interest is prohibited by law in Islamic regions, some brokers also offer Islamic accounts, which do not charge swaps.
trading platform that offers FXMUNDO
FXMUNDOit offers the sirix platform instead of the usual mt4 or mt5, so if you are not familiar with this platform it may take some time to get used to it.
Leverage monximo of FXMUNDO
on the website of FXMUNDO We did not find information regarding commercial leverage. There are forex brokers that offer leverage up to 1:500, but new users are advised to trade with caution with such large leverages.
Deposit and Withdrawal: methods and fees
FXMUNDOIt is imprecise as to how deposits and withdrawals work. bank transfer, mastercard, visa, maestro, and a number of e-wallet processors such as skrill, neteller, paypal, and others are some of the most frequent and popular payment alternatives handled by most forex brokers. The speed with which funds can be withdrawn from a forex broker is one of the most important factors in establishing the broker's credibility.
education in FXMUNDO
Generally, the educational resources offered by FXMUNDO There are not many, since numerous other brokers offer courses, videos, a digital library, market analysis, among other tools.
customer service of FXMUNDO
Languages: English, Spanish
It was very strange that we couldn't find any contact details or an online chat service.
complaints against FXMUNDO that we have received in wikifx
We have not received any complaints for the moment.
pros and cons of FXMUNDO
Pros:
many products traded.
Contras:
lack of effective regulation
lack of information
there is no MT4/MT5
no islamic accounts
no hay copy trading.
not customer services
frequently asked questions about FXMUNDO
Is this broker regulated？
No, it is currently not effectively regulated and you are advised to be aware of its potential risks.
Can I trade cryptocurrencies in FXMUNDO ？
Yeah, FXMUNDO offers some popular cryptocurrencies like bitcoin and ethereum.
Does this broker offer MT4/MT5？
No, FXMUNDO does not offer mt4 or mt5.
Does this broker offer negative balance protection？
no, currently we can't find information about negative balance protection on the website of FXMUNDO .
