What is Forex-Metal.com?
Forex-Metal.com is a website that provides Forex trading services. The company is based in Panama and was founded in 2007. The website offers a variety of features for its users, including a demo account, a live account, and a mobile trading platform.
The website has been accused of being a scam by some people, but the company has denied these claims. Forex-Metal.com is regulated by the Panama Financial Services Authority (FSA).
How Does Forex-Metal.com Work?
Forex-Metal.com is a forex and CFD broker that offers trading in a wide range of currency pairs, metals, and other assets. The company is headquartered in Panama and is regulated by the country’s financial regulator, the Superintendencia del Mercado de Valores (SMV).
Forex-Metal.com offers two types of account: a standard account and a VIP account. The standard account can be opened with a minimum deposit of $100 and allows for leverage of up to 1:500. The VIP account requires a minimum deposit of $2,500 and offers leverage of up to 1:200. Spreads on both accounts are variable and start at 0 pips.
The broker also offers several bonuses, including a welcome bonus, a loyalty bonus, and an affiliate program bonus. In addition, Forex-Metal.com provides its clients with 24/7 customer support via live chat, email, or telephone.
Is Forex-Metal.com Legit or Scam?
Forex-Metal.com is a popular online forex broker that offers its clients a variety of trading services. The company is headquartered in Cyprus and is regulated by the CySEC. Forex-Metal.com has been in business since 2007 and has a good reputation in the forex industry.
However, there have been some complaints about Forex-Metal.com from traders who have not received their withdrawals or have had their accounts frozen. While these complaints are not necessarily indicative of a scam, they do raise some concerns about the company’s legitimacy.
If you are considering using Forex-Metal.com as your broker, it is important to do your own due diligence to ensure that they are legitimate and that you will be able to withdraw your funds when you want to.
What Are the Advantages of Forex-Metal.com?
If you are looking for a reliable and trustworthy forex broker, then Forex-Metal.com is definitely worth considering. This broker has been in business since 2007 and is one of the most popular brokers in the forex industry, with over 1,000,000 clients from all over the world.
One of the main reasons why Forex-Metal.com is so popular is because it offers its clients a number of advantages that other brokers don’t. For instance, this broker offers a $20 no deposit bonus which allows you to test out the platform and see if it’s right for you without having to risk any of your own money.
Another advantage of Forex-Metal.com is that it offers very tight spreads, starting from just 0.3 pips on major currency pairs. This means that you can save a lot of money on your trading costs compared to other brokers.
Lastly, Forex-Metal.com provides its clients with a number of different account types to choose from, depending on your needs and preferences. Whether you’re a beginner or an experienced trader, there’s an account type that’s perfect for you.
What Are the Disadvantages of Forex-Metal.com?
Forex-Metal.com has been in business since 2007 and is one of the most popular forex brokers. However, there are some disadvantages to using this broker that you should be aware of before you decide to open an account with them.
One of the biggest disadvantages is that they are not regulated by any major financial regulator. This means that they are not subject to the same rules and regulations as other brokers who are regulated. This can make it more difficult to resolve any issues you have with them if something goes wrong.
Another disadvantage is that they have a very high minimum deposit requirement of $2,500. This can be a barrier for many people who are just starting out in forex trading and may not have that much money to deposit.
Finally, they also charge a relatively high commission on trades. While this is not necessarily a bad thing, it can eat into your profits if you are not careful with your trade sizing.
Conclusion
We hope that this article has helped you determine whether or not Forex-Metal.com is a legitimate company. Although we cannot guarantee that they are 100% legit, we can say that they do seem to be a reputable company based on the information we were able to find. If you decide to use their services, be sure to do your own research to ensure that you are getting the best possible deal.