General Information
VoyaFX, Under The Trade Name FH Ever AD, Is Purportedly A CFD Provider Registered In Bulgaria, Claiming To Offer Its Clients More Than 1,000 CFDs On A Wide Variety Of Tradable Assets On A Web-based Trading Platform, With Flexible Leverage Up To 30:1, Variable Spreads From 0.9 Pips, And A Choice Of Three Different Real Account Types And 24/5 Customer Support Services.
Advantages Of Trading On VoyaFX:
The Brand Has Been Registered With Many European Regulators.
There Is A Simple Pricing Model Where Traders Incur Costs Only On The Spread, With No Additional Commissions.
There Are A Variety Of Trading Instruments To Choose From, Especially For Clients Outside The European Union.
There Is No Commission For Deposits And Withdrawals.
The Brand Offers A High Enough Leverage Compared To Other Regulated Brokers In The European Union.
The Brand Offers An Easy-to-use Yet Powerful Proprietary Platform Via TradingView Charts.
Copy Trading Is Available And Is Available For Experienced Traders And Beginners To Use For Additional Gains.
Disadvantages Of VoyaFX:
To Start Forex Trading, $500 Is The Minimum Amount Required To Deposit Into A VoyaFX Account.
The Brand Does Not Offer A Cent Account, So There Is No Opportunity To Test Its Performance Under Exploratory Conditions With Minimal Investment And Risk.
The Order Processing Model Provided Is STP (straight-through Processing). The ECN Technology Preferred By Many Professional Traders Is Not Available.
Trading Account Opening
To Become A VoyaFX Client, Follow These Steps To Open A User Account:
1 Click "Register" At The Top Of Any Page On The Official VoyaFX Website. If You Know Exactly The Type Of Account You Want To Open, Select It From The "Account Types" Menu And Click "Open" Under Specifications.
2 Next, Fill Out The Account Opening Form And Provide Minimal Personal Data Such As Name, Phone Number And Email Address. Select The Trading Account Currency And Create A Strong Password To Protect Your Account From Unauthorized Access.
The 3VoyaFX User Account Is Integrated With The Trading Platform, So Traders Can:
1. Manage Funds. This Includes Depositing And Withdrawing Funds From External Sources.
2. Trade On The Web Platform.
Your VoyaFX User Account Also Allows You To:
Create A List Of Favorite Traded Assets.
Read News And Fundamental Data On The Selected Asset.
Generate Statistics On All Open And Positioned Squaring Orders.
Calculate Trading Fees, Such As Spreads And Swaps.
Use The Copy Trading Platform.
View Transactions Created By The Agent.
Change The Language, Theme And Login Password.
Account Type
After Registering On The VoyaFX Website, Traders Are Automatically Directed To The Web Platform. The Account Type Offered Is Automatically Determined Based On The Deposit Amount. Traders Can Have A User Account And A Real Account At VoyaFX. There Are No Demo Accounts Available, So Training With Virtual Funds Is Not Possible.
Account Type:
Silver
Account With An Initial Deposit Of $500 And A Maximum Point Spread Of 2.1 Pips. Account Holders Have Free Access To The Trading Platform, Customer Support, And A Fast Document Verification Process.
Gold
Account With A Spread Starting From 1.5 Pips. Initial Deposit Of $10,000. In Addition To The Features Listed Above, Educational Materials Are Provided For Traders.
Diamond
Accounts With The Narrowest Spreads Start From 0.9 Pips. The Minimum Deposit Amount Is $25,000. Technical And Fundamental Analysis Has Been Added To The Free Training, Support And Services.
The Broker Complies With The Requirements Of The Regulatory Authorities In Different Countries, So The Commission Amount And Trading Asset Range For Its Clients May Vary.
Invest, Options
The VoyaFX Broker Does Not Provide The MetaTrader Trading Platform With Built-in Trading Signal Services And The Ability To Use Advisors For Algorithmic Trading. However, The Proprietary Platform Supports Social Trading, At Which Point Some Traders Can Broadcast Their Trades, While Others Can Copy Them. In This Case, Both Parties Receive Additional Profits. It Is Not Possible To Invest In PAMM Or MAM Accounts Using VoyaFX.
Features Of VoyaFX's Copy Trading Service
After Connecting To The Copy Trading Platform, The Subscriber Must Select A Trader From The List. In The Profile Of Each Signal Provider, The Risk Level From 1 To 4 Is Shown, Along With The Profitability For The Past 30 Days And One Year. Subscribers Offer 5% Profit On Each Successful Trade To The Traders They Are Copying. For Clients With Larger Balances, This Commission Can Be Reduced. Traders Receive 4% Of Their Profits From Subscribers. Therefore, VoyaFX Earns 1% From Every Profitable Trade.
Other Features Include:
Provider Delays Collection Of Commission For 3 Months. Company Monitoring Providers Will Not Make Trades That Are Too Risky During This Period. If This Rule Is Violated, No Commission Will Be Paid On Investor Profits.
Brokers Can Cancel Copying Of Trades If The Market Is Too Volatile, Liquidity Is Low Or The Provider Has A Large Number Of Subscribers.
Subscriptions To Selected Traders Can Be Started/stopped At Any Time.
The Brand Has A Telegram Channel That Publishes Daily Trading Signals Based On News Events From Leading Global Banks. Ever Financial A's Clients Have Access To Trust Management Services For Funds And Assets. The Commission For Using Them Is 5% Of The Portfolio Value Per Year.
When Requesting A Withdrawal, The System Automatically Suggests The Same Payment Gateway That The Trader Used To Deposit The Funds.
Withdrawals Can Be Made Even If There Are Unpositioned Squaring Positions, But The Balance On The Account Must Be Sufficient To Cover The Margin; Otherwise, The Agent Must Cancel The Request.
The Commission Is Deducted From The Amount Withdrawn, However, It Is Not VoyaFX That Deducts The Commission, But The Bank Or Payment System. When Withdrawing Cryptocurrency, A Transaction Fee For The Blockchain Network Is Required.
If A Client Receives A Bonus From The Company, They Can Withdraw Up To 30% Of Their Deposit Without Violating The Terms Of The Bonus Agreement.
