EFX Markets Limited Was Established In 2010 And Is An Offshore Forex Broker Registered In The British Virgin Islands. EForex Markets Is The Trading Name EFX Markets Limited. The Company Focuses On Providing Investors With Financial Instruments Including Forex, Commodities, Indices And Cryptocurrencies.

Regulatory Risk

It Is Important To Note That While EForexmarkets Claims To Be A Regulated Broker, It Does Not Actually Hold Any Authorized License.

Accounts

EForexmarkets Has Four Regular Account Types For Investors To Choose From: Standard Account, Silver Account, Gold Account And Platinum Account. The Account Criteria Are Set According To The Minimum Deposit Amount, Ranging From $200 To $10,000.

Leverage

The EForex Market Offers Different Leverage For Different Clients. Standard, Silver, Gold And Platinum Accounts Are Offered, With The Leverage Ratio Decreasing To 1:400, 1:300, 1:200 And 1:100 In Turn.

Spreads

Users Can Trade 42 Currency Pairs In The EForex Market. Spreads Vary Depending On The Account Type. For Example, For The EUR/USD Currency Pair, The Spreads For Standard, Silver, Gold And Platinum Accounts Start From 1.3, 1.0, 0.6 And 0.2.

Commission

The Various Account Types Are Designed To Meet The Needs Of Different Traders, And Of Course, The Returns On Their Accounts Vary Slightly. Gold Accounts Charge $7 Commission Per Lot, Platinum Accounts Charge $5 Commission Per Lot, But Other Accounts Do Not Charge Any Fees.

Overnight Interest Free Accounts

In Addition To Regular Accounts, EForex Markets Also Offers Swap-free Accounts For Muslim Traders. The Account Has A Maximum Leverage Of 1:300, And Spreads Are Charged Starting From 2.0, With No Commission.

Trading Platform

EForexmarkets Offers Its Clients Access To The World Financial Marekt Through The Metatrader 5 (mt5) Platform, Which Is Used By Millions Of Traders Worldwide And Is Available For Personal Computers And Mobile Phones.

Deposit And Withdrawal

EForexmarkets Supports Multiple Payment Methods For Deposits/withdrawals, Including Credit/debit Cards, Bank Telegraphic Transfers, And E-wallets. It Is Important To Note That Traders Emphasize That Deposits And Withdrawals Cannot Be Made To Third-party Accounts.

Trading Hours

Clients Can Use The EForex Market Portal Open At Any Time, But Trading Hours Are Market-specific. Under Normal Circumstances, Foreign Exchange Trading Is Available 24 Hours A Day From Monday To Friday.

Customer Support

EForex Market Support Is Available 24/5. According To The Official Website, Traders Also Provide Clients With Investment Support Including Economic Calendars, Market Analysis, And More.