General Information
This Platform Claims To Be An Internet Investment Broker And Is The Trading Name Of Spot Fxit Solution LLC. It Is Operated And Managed By It. It Is Authorized And Regulated By The State Of Delaware Under The U.S. Secretary Of State Securities Investment Business Law. It Provides Investment And Trading Services For Financial Derivatives Such As Foreign Exchange And Commodities.
After Inquiry, The Company Is Not Authorized By The U.S. NFA Regulatory Agency.
Market Tools
Forexsp Advertises That It Offers Multiple Currency Products.
Account Types
Forexsp Offers Three Real Trading Accounts, Namely Silver, Gold, And Diamonds. In Addition To The Free Demo Account, Opening A Silver Account Requires A Minimum Initial Deposit Of 100 Dollars, While The Other Two Account Types Have Minimum Initial Capital Requirements Of $2,000 And $5,000.
Leverage
Maximum Leverage Of 1:400 Is Available. Remember That Leverage Can Amplify Gains And Losses, And It Is Not Recommended For Inexperienced Traders To Use Excessive Leverage.
Spreads And Commissions
Spreads Are Affected By Different Types Of Accounts. Forexsp Is Shown On Silver Accounts, Starting From 4 Pips, Customers Of Gold Accounts Can Experience Spreads Starting From 3 Pips, While Only Diamond Accounts Can Enjoy Minimum Spreads Starting From 2 Pips. As For Commissions, The Broker Claims Not To Charge Commissions On Any New Trades.
Deposit And Withdrawal
Forexsp Indicates That It Accepts A Variety Of Online And Offline Fund Deposit Methods, Including Bank Telegraphic Transfer, Credit/debit Card And E-wallet. The Minimum Deposit Requirement Is 100 Dollars. Regarding The Processing Time Of Deposit Requests, Deposits Via Bank Telegraphic Transfer Take 2-4 Business Days To Process.
Customer Support
Forexsp Can Be Reached At + 91 022 6908 6400, + 44-1224980655, Support@Forexsp, Information@Forexsp.com.
Additionally, You Can Follow The Broker On Social Media Platforms Such As Facebook, Twitter, Instagram And LinkedIn.
Company Address: Spot FXIT Solutions Ltd, 3422 Old Capitol Trail #700, Wilmington, De 19808, USA.
