Basic Information & Regulators
Forexby is a Belarusian financial services provider that provides investors with trading services in securities, over-the-counter foreign exchange market, oil, metals and futures contracts. Forexby currently holds a retail foreign exchange license from the National Bank of Belarus (NBRB) (license number: NBR 192530878).
Financial Instruments
Forexby provides investors with the most popular foreign exchange currency pairs, stocks, indices, securities, precious metals and oil on the foreign exchange market.
Accounts & Leverage
To meet the investment needs and trading experience of different investors, Forexby offers four different accounts: Standard Account (minimum deposit of $500), Professional Account (minimum deposit of $1,000), Premium Account (minimum deposit of $10,000), Platinum Account (minimum deposit of $50,000). The trading leverage of the four accounts is 1:10 to 1:100, and traders can choose flexibly according to their risk tolerance.
Spreads & Fees
Spreads start from 0.9 pips for standard accounts, and there is no trading commission. Professional account spreads start from 0 pips, Forex trading commissions start from $9 per lot, CFD trading commissions start from 0.02%. Premium account spreads start from 0 pips, Forex trading commissions start from $7 per lot, CFD trading commissions start from 0.01%. Platinum account spreads start from 0 pips, Forex trading commissions start from $6 per lot, CFD commissions start from 0.008%.
Trading Platform
Forexby offers traders two trading platforms, the xCritical trading platform, and the market-leading MT4 trading platform. xCritical offers online quotes, one-click trading capabilities and automated market analysis. Users have access to more than 200 financial instruments, advanced charting performance and accuracy, and can set stops and profits directly on the chart. xCritical This supports any smartphone and tablet on iOS and Android systems. MT4 is the most ideal trading platform for the foreign exchange industry, capable of formulating suitable trading strategies for traders of different levels, helping traders to gain a leading position on financial marekt.
Withdrawals
Traders can top up their investment accounts through VISA, MasterCard credit/debit cards, international bank transfers, and replenishing cash at Belarusian bank registers.