General Information
MetFX Is Purportedly A Saint Vincent And The Grenadines-based Broker That Offers Its Clients A Powerful Metatrader5 Trading Platform With Leverage Up To 1:100, Variable Spreads On A Wide Variety Of Tradable Assets, And A Choice Of Three Different Account Types.
Market Tools
MetFX Advertises That It Offers Five Different Categories Of Trading Instruments Mainly In Financial Marekt, Including Forex, Commodities, Cryptocurrencies, Stocks, And Indices.
Account Types
Three Trading Accounts MetFX Is Available, Namely Standard, Islamic, And Ecn. Opening A Standard Account Requires A Minimum Initial Deposit Amount Of $50, While The Other Two Account Types Have Minimum Initial Funding Requirements Of $100 And $200, Respectively.
Leverage
The Maximum Leverage Ratio Offered By MetFX Is Up To 1:100. Keep In Mind That Leverage Can Amplify Gains And Losses, And Excessive Leverage Is Not Recommended For Inexperienced Traders.
Spreads And Commissions
Spreads And Commissions Are Affected By The Type Of Account Held By The Trader. MetFX Shows Spreads Starting From 0.8 Pips For Standard Accounts With A Commission Of $6. Clients Of Islamic Accounts Enjoy Spreads Starting From 1.6 Pips With A Commission Of $8, While Spreads Starting From 0.0 Pips For Ecn Accounts With A Commission Of $4.
Trading Platforms Available
When It Comes To Available Trading Platforms, MetFX Offers Traders The Most Widely Used Metatrader5 Platform In The World. MT5 Is Renowned As One Of The Most Successful, Efficient And Competent Forex Trading Software With A Range Of Technical Analysis Indicators, Trading Signals, Financial Calendar And More.
Deposit And Withdrawal
MetFX Accepts Deposits And Withdrawals Via Bank Telegraphic Transfers, Credit/debit Cards, Sticpay, Bitcoin, Ethereum And Other Cryptocurrencies. As For The Processing Time Of Withdrawal Requests, It Usually Takes Up To 5 Business Days To Process.
Fees
MetFX Also Requires Some Fees. For Example, The Broker Will Charge An Inactivity Fee Of $30 Per Month. In Addition, According To The Information Shown On The Terms And Conditions Document, It Appears That The Client Is Required To Agree Not To Issue A Refund For Any Credit Card Payments, Which, If Done, Will Result In An Additional Charge Of $250.
Customer Support
MetFX Can Be Reached By Phone At Customer Support: + 442032895271, E-mail: Support@MetFX.
Additionally, You Can Follow The Broker On Social Media Platforms Such As Facebook.
Company Address: Griffith Corporate Centre, Beachmont, 1510, Kingstown, Saint Vincent And The Grenadines.
