Unable To Withdraw
Breakaway Info
Breakaway Is An Online Financial Trading Platform That Offers CFDs On 400 + Stocks/indices/metals/commodities/currency Pairs/cryptocurrencies. It Also Offers Multilingual 24/7 Support And Free Tools Such As Trading Calculators And Economic Calendars. It Also Offers Leverage Up To 1:1000 And Three Account Types. Minimum Deposit Is 10 Dollars.
Advantages And Disadvantages
Advantages
ASIC AR Regulated
High Leverage Comes With Risk
400 + Trading Instruments
Demo Account Available
Spreads As Low As 0
Multiple Types Of Accounts
Online Chat Available
DisadvantagesHigh Leverage Comes With Risk
Is Breakaway Legal?
Breakaway Is ASIC Regulated In Australia With License Number 001311740.
What Can Be Traded On Reakaway?
Traders Can Trade CFD Stocks And ETF Products On Breakaway.
Account Types
Breakaway Offers Real Accounts And Free Demo Accounts. Generally Speaking, Demo Accounts Are More Friendly For Newbies. Traders Only Need To Enter Their Name, Contact Information And Password To Sign Up For A Real Account To Trade.
Breakaway Fees
Breakaway Offers Competitive Spreads Based On Account Type.
Specifically, Spreads Start From 1.5 Pips For Micro Accounts And 1.2 Pips For Standard Accounts.
ECN Accounts Even Offer Spreads As Low As 0 Pips. Custom Accounts, On The Other Hand, Offer Scalable Spreads Starting From A Minimum Of 0 Pips.
Leverage
Breakaway Has Leverage Up To 1:1000. For Traders, It Has Relatively High Trading Leverage And Requires More Risk.
Trading Platform
Breakaway Allows Traders To Trade Through The MT5 Trading Platform.
Traders Can Download Different Versions Of MT5, Including Desktop, IOS And Android Versions, To Enable Online Trading.
Deposits And Withdrawals
The Minimum Initial Deposit Requirement For Breakaway Is Reported To Be Only 10 Dollars. However, The Broker Did Not Explicitly Mention The Acceptable Methods Of Deposits And Withdrawals.
However, Based On The Partner Banks And E-wallets Shown On The Official Website, We Can Infer That The Methods Of Deposits And Withdrawals May Be Related To Them. These Partners Include Entities Such As Maybank, PermataBank, BKash, Etc.
Customer Support Options
Breakaway Provides Both Phone And Email Contact Methods And Provides 24/7 Customer Support.
Contact
Tel: + 91 11 46605233
Email: Support@breakaway-fx.com
Supported Languages: English, Japanese, Traditional Chinese, Etc.
Website Language: English
Actual Address: B-46, Jhilmil Industrial Area, Delhi-110095
Summary
Breakaway Offers Traders Free Trading Tools, Including Demo Accounts, In Order To Facilitate User Trading. However, Users Need To Be Aware That The Highly Leveraged Products It Offers Carry Relatively High Risks.
