RetailFx's Official Website Cannot Be Accessed Normally At The Moment. The Company Seems To Have Gone Out Of Business. Therefore We Can Only Gather Some Relevant Information For Reference Only.
RetailFx Is A Company That Focuses On Forex (Forex) Trading. It Is Estimated That The Daily Trading Volume Of This Particular Market Is Over $3.20 Trillion. Trading There Can Be Open-ended And Risky. The Founder Of RetailFX Has Been Active In The Field Of Risk Management For More Than 10 Years. It Describes Its Mission As "to Provide Sophisticated Backend Trading And Hedging Technologies To Clients From All Over The World Combined With A Personal Client Server".
RetailFx Is An Investment Company (CIF) Registered In Cyprus. It States That It Complies With The Regulatory Standards Of European Financial Authorities And Follows Precise Due Diligence Procedures And Trading Practices. It Advises Potential Customers To Visit The CySEC Website For Verification.
The Essence Of Forex Trading Involves Trading Currency Pairs, And RetailFX Provides A Complete List Of These Currency Pairs And Their Spreads Under The Services Tab On Its Homepage. The Website Is Commendable For Its Simplicity, And The Tools Used To Register And Trade Seem To Be Readily Available.
In Its FAQ Section, RetailFX States That It Assumes That "every Trader Registered With RetailFX Is Trading Forex For The First Time". This Is Indeed Good News For First Time Traders. Free Guides And Tutorials Are Only Available If You Are Willing To Hand Over Your E-mail Address To The Company. The Forex Glossary Is Accessible On The Website Itself.
RetailFX Offers A Demo Account Option And States That Its Trading Platform Called WebTrader Can Be Used On The Web Without Download. This Helps To Distinguish It From Many Of Its Competitors. Typical Claims About Value For Money And Risk Minimization Are Also Made Here.
However, The Disclaimer Section Does Provide Some Possible Bad News For Certain Prospects. In Addition To The Usual Warnings About Risks, There Is A Striking Proviso: "Please Note That RetailFX Does Not Accept Any Trading Activity From US Clients.
