Overview
FURION GLOBAL Is A Trading Company Based In Australia. It Was Established In 2019. The Company Offers A Range Of Tradable Assets Including Forex, CFDs And Cryptocurrencies.
Start Trading FURION GLOBAL With A Minimum Deposit Of $100. The Maximum Leverage Offered By The Company Is 1:500 With Variable Spreads. The Trading Platforms That Can Be Used Are Mt4 And Mt5.
FURION GLOBAL Offers Two Types Of Accounts - Standard And VIP, And Also Offers The Opportunity To Try Out Trading Using A Demo Account. Their Customer Support Is Available 24/7 Via Live Chat, Email Or Phone.
As For Deposit And Withdrawal Methods, FURION GLOBAL Accepts Credit/debit Cards, Telegraphic Transfers, Skrill And Neteller. The Company Also Offers Educational Resources Such As Trading Tutorials, Webinars And Economic Calendars To Help Traders Better Understand The Market.
Pros And Cons
Pros: Wide Range Of Tradable Assets, Demo Accounts Available For Practice, Good Customer Support, Educational Resources That Provide Trading Knowledge
Cons: Unregulated, Spreads Are Floating, And Only Two Types Of Accounts Are Available
Pros:
- Wide Range Of Tradable Assets. This Means That You Can Trade A Wide Range Of Financial Instruments Such As Stocks, Commodities, Currencies, And Cryptocurrencies. This Can Give You More Profit Opportunities.
- Demo Accounts Available For Practice. This Is A Great Way To Learn How To Use The Platform And Test Your Trading Strategies Before You Risk Real Money.
- Good Customer Support. This Is Important If You Have Any Questions Or Problems With The Platform.
- Educational Resource That Provides Trading Knowledge. This Can Help You Learn More About Trading And Improve Your Chances Of Success.
Cons:
- Not Regulated. This Means That The Platform Is Not Regulated In The Same Way As A Regulated Platform. This May Increase The Risk Of Use As There Is Less Protection For Investors.
- Spreads Are Floating. This Means That The Difference Between The Bid And Ask Prices Of An Asset Is Constantly Changing. This Can Make It Difficult To Make A Profit, Especially If You Are A Beginner Trader.
- There Are Only Two Types Of Accounts Available. This Means That You May Not Have The Flexibility To Choose The Account That Best Suits Your Needs.
Market Tools
FURION GLOBAL Offers A Wide Range Of Market Tools, Including:
Forex: Currency Pairs, Such As Straight-line Pairs And Cross-currency Pairs
Cryptocurrencies: You Can Trade Various Cryptocurrencies FURION GLOBAL On It, Including Bitcoin, Ethereum, And Litecoin.
Precious Metals: Gold, Platinum, And Other Precious Metals
Bulky Goods: Agricultural And Sideline Products, Metal Products, Chemical Products
Futures: Commodity Futures, Index Futures, Precious Metals Futures, And More
Digital Currencies: Cryptocurrency Trading, Leveraged Trading, And More
The Specific Market Tools Available To You Will Depend On Your Account Type. For Example, The Standard Account Only Offers Forex And CFDs, While The VIP Account Offers All The Market Tools Listed Above.
FURION GLOBAL Also Offers A Demo Account That You Can Use To Practice Trading Without Risking Any Real Money. This Is A Great Way To Learn About Different Market Instruments And How To Trade Them.
Account Types
FURION GLOBAL Offers Two Account Types: Standard And VIP. Standard Accounts Have A Minimum Deposit Of $100, A Maximum Leverage Of 1:500, Floating Spreads, Access To Mt4 And Mt5 Trading Platforms, 24/7 Customer Support, And Educational Resources. VIP Accounts Have A Minimum Deposit Of $10,000, A Maximum Leverage Of 1:200, Narrower Spreads, Access To A Dedicated Account Manager, Exclusive Trading Signals, And Faster Withdrawals. The Specific Features And Benefits Of Each Account Type May Vary, So It's Important To Read The Terms And Conditions Carefully Before Opening An Account.
Leverage
The Maximum Leverage For A FURION GLOBAL Standard Account Is 1:500 And A Vip Account Is 1:200. Leverage Is A Way To Amplify Your Trading Profits Or Losses. A Leverage Of 1:500 Means You Can Control A Position Worth $500 With Just $100 In Deposits.
It Is Important To Note That Leverage Is A Double-edged Sword. It Can Amplify Your Profits, But It Can Also Amplify Your Losses. If The Market Moves Against You, You May Lose More Money Than You Deposit.
Therefore, It Is Important To Use Leverage Cautiously And Only Trade With Funds That You Can Afford To Lose.
Spreads And Commissions
FURION GLOBAL Standard Accounts Offer Floating Spreads And VIP Accounts Offer Fixed Spreads. A Floating Spread Is The Difference Between The Bid And Ask Prices Of An Asset. The Bid Price Is The Price At Which You Can Buy An Asset And The Ask Price Is The Price At Which You Can Sell It. Floating Spreads May Vary Depending On Market Conditions.
Fixed Spreads Are The Same For All Trading Sessions. They Are Usually Wider Than Floating Spreads But Can Provide Greater Stability.
FURION GLOBAL Does Not Charge Any Commissions On Its Standard Accounts. However, It Charges A Commission Of $2 Per Party On The VIP Account.
Trading Platform
FURION GLOBAL Offers Two Trading Platforms: Metatrader 4 (mt4) And Metatrader 5 (mt5). These Are The Most Popular Trading Platforms In The World And Are Used By Millions Of Traders.
Both MT4 And MT5 Are Powerful Platforms That Offer A Wide Range Of Features, Including:
- Charting Tools: MT4 And MT5 Offer A Variety Of Charting Tools, Such As Candlestick Charts, Line Charts, And Bar Charts. You Can Also Use These Tools To Add Technical Indicators To Your Charts.
- Trading Tools: MT4 And MT5 Offer A Variety Of Trading Tools, Such As Order Type, Stop Loss, And Take Profit. You Can Also Use These Tools To Automate Your Trading.
- Analytical Tools: MT4 And MT5 Offer A Variety Of Analytical Tools, Such As News Feeds, Economic Calendars, And Research Reports. You Can Use These Tools To Make Informed Trading Decisions.
Deposits And Withdrawals
FURION GLOBAL Offers The Following Deposit And Withdrawal Methods:
- Credit/Debit Card: Credit/Debit Card Deposits Are Subject To A 2.9% Processing Fee + $0.30.
- Telegraphic Transfer: There Is A $25 Processing Fee For Telegraphic Transfer Deposits And Withdrawals.
- Skrill: There Is A 1.9% Processing Fee For Skrill Deposits And Withdrawals.
- Neteller: There Is A 1.9% Processing Fee For Neteller Deposits And Withdrawals.
The Minimum Deposit Amount Is $100, And The Maximum Deposit Amount Varies Depending On The Payment Method. The Minimum Withdrawal Amount Is $200, And The Maximum Withdrawal Amount Varies Depending On The Payment Method.
Customer Support
FURION GLOBAL Provides 24/7 Customer Support Via Live Chat, Email, And Phone. The Customer Support Team Is Available In Multiple Languages Including English, Chinese, Japanese And Korean.
If You Need Customer Support, You Can Do The Following FURION GLOBAL:
- LIVE CHAT: You Can Chat Live With A Customer Support Representative. This Is The Fastest Way To Get Help.
- EMAIL: You Can Send An Email To The Customer Support Team. This Is A Good Option If You Need To Provide More Details About Your Problem.
- PHONE: You Can Call The Customer Support Team. This Is A Good Option If You Need To Speak With Someone Immediately.
CONCLUSION
FURION GLOBAL Offers A Wide Range Of Tradable Assets, Including Forex, CFDs, And Cryptocurrencies, As Well As Valuable Features Such As Demo Accounts For Practice, Sound Customer Support, And Educational Resources For Improving Trading Knowledge. However, The Company Does Have Some Drawbacks. It Offers Only Two Account Types, Limiting Traders' Options. Floating Spreads Can Also Increase Trading Costs Unpredictably. Despite These Drawbacks, FURION GLOBAL Remains A Competitive Option, Offering Good Service Features And A Range Of Trading Assets.
