Verified: ExecutiveForex Company Domain Name Was Registered In 2012 And Is A Forex Broker. The Company Is Currently Unregulated. Please Be Aware Of The Risks In Case The Funds Are Damaged.
Note: ExecutiveForex As A, Unregulated Broker, Which Means That The Client's Investment May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold The Company Accountable, The Lack Of Supervision Increases The Risk Of Potential Financial Losses.
If You Invest In An Unregulated Broker, There Is A Good Chance That They Will Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious And Remind Everyone To Stay Away From These Unregulated As Much As Possible When Choosing A Trader.
According To The Company's Official Website:
Executive Forex Is A Foreign Exchange And Commodity Education Service Provider Headquartered In South Africa, Serving Clients Who Wish To Invest In Profitable Foreign Exchange And Commodity Market Trading.
Market Tools
Executive Forex Offers 70 Currency Pairs, Cryptocurrency Pairs, Commodities, Stocks And Index CFDs.
Minimum Deposit
The Mini Account Requires A Deposit Of $500, Which Is A Higher Minimum Amount Than Most Other Brokers. Traders Need To Deposit $5,000 To Access The Standard Account, Which Offers All Features.
Gold And Platinum Accounts Require Deposits Of $10,000 And $35,000 Respectively, Without Any Significant Advantages.
Leverage
Maximum Trading Leverage Offered By Executive Forex Is Up To 1:500. Leverage Can Amplify Gains And Losses, And Investing In Such An Unregulated Broker Offering Generosity Is Not A Good Option.
Spreads And Commissions
Forex And Metals CFDs Are Free Of Commission, While Energy, Cryptocurrency, Stocks And Index CFDs Are Subject To Fees. The EUR/USD Spread Is 2.5 Pips, Slightly Above The Industry Standard.
Idle Fee
After 90 Days Of Inactivity, A 5% Monthly Maintenance Fee Is Charged.
Trading Platform Available
Executive Forex Traders Can Choose Between The Industry Standard Forex Trading Platform Metatrader 4 (mt4).
The Platform Can Be Used For Desktop, Mobile Trading Applications And Web End Points That Run Directly In Most Modern Web Browsers Without The Need To Download Or Install Any Other Software.
Deposit And Withdrawal
Executive Forex Neither Provides A List Of Acceptable Deposit And Withdrawal Methods Nor Maintains A Dedicated Section On Its Website, Which Is Very Unusual.
While Most Brokers Allow Their Traders To Fund Their Accounts Via Credit/debit Cards, Skrill, Neteller.
Customer Support
This Executive Forex Provides Customer Support 24/7, Traders Can Call Or Email Directly. Opening Hours: Monday To Friday - 08:00 Am To 4:00 Pm
Tel: 067 854 1942
Email: Accounts@executiveforex.com
