St. Lucia-based TargetFX Is An Unregulated Forex Broker Established In 2019. TargetFX Offers Trading In A Wide Range Of Financial Products Through The MT5 Platform, Including Currency Pair CFDs, Spot Metals, Cryptocurrencies, Spot Energy, Indices, And Stocks. Demo Account Accounts Are Available. The Minimum Deposit Requirement To Open A Real Account Is Only $50.
Pros And Cons
Pros: Multiple Trading Options, Demo Account, Multiple Account Types, Commission-free Account Available, MT5 Support, Popular Payment Options, Low Minimum Deposit Amount
Cons: Unregulated, Unspecified Withdrawal Fees
Is TargetFX Legal?
No, TargetFX Is Not Regulated By Any Reputable Financial Institution Group. Please Be Aware Of The Risks!
What Can TargetFX Trade?
TargetFX Offers 270 Trading Instruments In 6 Asset Classes, Including Currency Pair CFDs, Spot Metals, Cryptocurrencies, Spot Energy, Indices And Stocks.
Spot Metals: Gold, Silver And Platinum.
Spot Energy: British Brent Crude Oil, US Crude Oil, US Natural Gas, Etc.
Stocks: Trade Popular Stocks Like Amazon, Apple And Facebook Online In Malaysia.
Indices: FTSE 100, Dow Jones, German DAX, Nasdaq 100, Nikkei 225, French CAC 40, Etc.
Account Types
TargetFX Offers Three Account Types To Choose From, Including Standard, PRO, And ECN Accounts
Leverage
TargetFX Offers Leverage Up To 1:500 For All Account Types. Keep In Mind That The Greater The Leverage, The Greater The Risk Of Losing Funds On Deposit. The Use Of Leverage May Work To Your Advantage Or Against You.
Spreads And Commissions
TargetFX Offers Different Spreads And Commissions Depending On Different Account Types.
Deposits And Withdrawals
TargetFX Accepts Bank Transfers And Electronic Payments (such As Skrill, Neteller, And Cryptos) As Payment Methods. TargetFX Charges Withdrawal Fees According To The Method Selected, But Does Not Specify Specific Fees.
