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According To Its Official Website, The Platform Has Been Acquired By ACY
SynergyFX Is An Australian Foreign Exchange Broker That Offers Ecn Accounts On Downloadable Mt4 And Mt5 Trading Platforms. SynergyFX Is An Australian Foreign Exchange And Derivatives Provider. In 2018 The Company Merged With Acy Capital Group To Provide A Quality Trading Experience With Low Commissions. Xingji Is Not Regulated In Any Way, So It Is Not Safe To Use It For Trading.
SynergyFX Offers A Wide Range Of Assets Including More Than 40 Currencies, More Than 10 Commodities And Precious Metals, 20 Global Indices, And More Than 600 Of The World's Largest Equity CFDs. You Can Now Also Trade The Chinese Offshore Renminbi (cnh) On The Mt4 Platform.
Transaction Fees
SynergyFX Is Competitive With A Prime FX Pair Of Around 0.8 Pips For Stpecn Accounts And 0.2 Pips For Zeroecn Accounts. Major Indices Such As The FTSE 100 Are Around 1.4 Pips And Crude Oil Is Around 0.030 With Standard Pricing.
There Are No Commissions For StpECN Accounts, But Clients Can Charge $6 And $5 Per Lot In ZeroECN And PureECN Accounts Respectively.
Leverage
Leverage Up To 1:500 On All Accounts.
Account Types
Three Main Accounts Are Available Depending On Your Trading Style SynergyFX Has 7 Different Currencies: Stpecn, Zeroecn And Pureecn. All Accounts Require A Minimum Trading Volume Of 0.01 Lots.
StpECN
The StpECN Account Offers Competitive Market Pricing With No Commissions And A Minimum Deposit Of $50. The Account Can Also Trade With No Overnight Interest.
ZeroECN
The ZeroECN Account Has Direct Access To Tier 1 Liquidity Providers For Smaller Spreads, Commissions Of $6 Per Lot And A Minimum Deposit Of $2,000. The Minimum Deposit Thereafter Is $100.
PureECN
The PureECN Account Also Offers Direct Access To Tier 1 Liquidity With Low Spreads, Commissions Of $5 Per Lot And An Initial Minimum Deposit Of $20,000. The Minimum Deposit Thereafter Is $100.
Traders Also Have Exclusive Access To Hundreds Of Stock CFDs Through A Commission-based MT5 Xchange Account.
Deposits And Withdrawals
Deposits
Account Funds Are Available Via Bank Telegraphic Transfer (local And International), Credit/debit Cards, Skrill, Doku Wallet, China UnionPay, And Other E-wallets. SynergyFX Does Not Charge Fees For Funds Transferred Via Bank, But Global Payment May Incur Bank Fees. It May Take 2-3 Business Days To Receive And Clear Funds For Bank Transfers.
Withdrawals
The Same Options Are Available For Withdrawals; However, If You Originally Deposited With A Credit Card, Customers Can Only Withdraw Via Bank Telegraphic Transfer. International Bank Transfers Are Subject To A $25 Service Fee For Each Withdrawal, And A 3% Merchant Fee For Payments Through Skrill. Local Bank Transfers In Australia Are Free 3 Times A Month, After Which There Will Be A $25 Fee For Each Additional Withdrawal. In Most Cases, Withdrawals Are Processed Within 1-2 Business Days.
Demo Account
Demo Account Available In 17 Different Languages, Trading Platform Can Be Opened In Minutes
Mt4
Mt5
Trading Hours
Trading Hours For Currency Pairs Are Monday To Friday 00:00 - 24:00 GMT + 2/GMT + 3 (DST).
Customer Support
SynergyFX Has Multilingual Support Offices In Sydney, Taiwan, China, And Malaysia That Provide 24/5 Assistance Through:
· Email - [email protected]
· Live Chat - Response Within 2 Minutes Of Test
· Phone - + 61 2 9188 2999 (International)/+ 02 5594 4927 (Taiwan)
