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FX Arena

Item: FX Arena
Rating: 1.58

Belize|5-10 years|

Suspicious Scope of Business|High potential risk|

http://www.fxarena.com/

Website

Time Machine

Rating Index

Contact

44 2036954768

support@fxarena.com

http://www.fxarena.com/

Licenses

FSC Suspicious Clone

Belize Retail Forex License

VPS Standard

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Warning: Low score, please stay away! 3

Previous Detection : 2024-11-22

It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

The BelizeFSC regulation (license number: Unreleased) claimed by this broker is suspected to be clone. Please be aware of the risk!

The Belize FSC regulation with license number: Unreleased is an offshore regulation. Please be aware of the risk!

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FX Arena · WikiFX Survey

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FX Arena · Company Summary

General Information

FX Arena is a broker that attempts to combine online gaming with Forex trading, in which forex traders who join the Arena could compete in any demo trading contest among the many it holds, with real withdrawable prizes. To enter any of the contests available from within the FX Arena, traders must open an account with the broker and purchase a ticket for the tournament. FX Arena allows traders to participate in numerous contests simultaneously. Traders may even choose to enter one-on-one dual trading competitions.

Market Instruments

FX Arena mainly provides clients with foreign exchange (forex) trading.

Accounts & Leverage

FX Arena provides investors with the Standard Account. The maximum leverage is up to 1:30.

Spreads & Commissions

The spreads start from 0.8 pips. The EUR/USD spread gravitates in the 0.9-1.0 pip range. Due to the trading tournament format of the brokers operations, trading fees such as commissions will not apply in this case.

Trading Platform

FX Arena provides clients with access to the worlds financial markets through the MetaTrader 5 (MT5) platform which is used by millions of traders around the globe.

Deposit & Withdrawal

The payment options at FX Arena include Credit/Debit Card, Neteller and Skrill.

Customer Support

If clients have any questions or concerns, please email at info@fxarena.co or support@fxarena.co for consultation.