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Fair Trade Option

United States|2-5 years|
Suspicious Scope of Business|High potential risk|

https://fairtradeoption.com

Website

Rating Index

Contact

https://fairtradeoption.com
https://www.facebook.com/Fair%20Trade%20Option
https://www.twitter.com/fairtradeoption

Licenses

No valid regulatory information, please be aware of the risk!

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No restriction on the broker account. Support service provided by WikiFX

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Warning: Low score, please stay away! 2
Previous Detection : 2024-06-20
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Fair Trade Option · WikiFX Survey

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Fair Trade Option · Company Summary

Basic Information
Registered Country/Region United States
Regulation No License
Minimum Deposit $250
Minimum Spreads N/A
Maximum Leverage N/A
Trading Platform MT4 trading platform available
Trading Assets Crypto, Indices, Forex, Commodities, Shares, Options, ETFs
Payment Methods N/A
Customer Support Online Chat

General Information

Registered in the United States, Fair Trade Option is an online forex broker providing a series of trading instruments for its clients, including forex, Commodities, Options, Shares, Indices, and more.

Fair Trade Option is not authorized or regulated by any regulatory authority. Please be aware of the risk.

Market Instruments

Fair Trade Option boasts that clients can get access to a bulk of more than 2,000 financial instruments, which including Forex, Indices, Shares, Options, ETFs, Commodities, Cryptocurrency.

How to open an account with Fair Trade Option?

Opening an account with Fair Trade Option is quite easy and simple, with a few steps to follow:

1. Click the “Start Trading” button on the brokers website.

2. Fill up some required details including your name, email address, residence of country, and then submit.

open-an-account

3. After approval, you can start trading with this broker.

Aside from live trading accounts, free demo accounts are also available for clients to test this platform and practice their trading skills.

Trading Platform

Clients of Fair Trade Option are provided with the industry leading MT4 trading platform. the presence of the MT4 is always considered as plus of any broker, as the platform provides a full set of trading tools and features: a number of built-in technical indicators, as well as other perks. Besides, the MT4 is available as desktop, web and mobile app devices.

Leverage

The maximum trading leverage offered by Fair Trade Option is up to 1:300, which is generous yet risky, as leverage can magnify gains as well as losses. Inexperienced traders are advised to choose a safe ratio no less than 1: 10.

Deposit & withdrawal

With the Fair Trade Option platform, investors are allowed to make a deposit and withdrawal through multiple payment methods, which include VISA, MasterCard, PayPal, Bank Transfer, Skrill, Ideal, BPAY, GIROPAY, TRUSTLY, MYBANK, and more.

payment

Each deposit method has its own minimum deposit level, and further information may be found in the Deposit screen on the trading platform.

Customer support

Fair Trade Option claims that it provides 7/24 customer support. For general and basic information, clients can visit the FAQ section to find answers, and if they need staff service, they can directly take to this broker via online chat.

Besides, you can also follow this broker on some social media platforms, such as Facebook, Twitter, and Instagram.

Pros & Cons

Some advantages and disadvantages of MyCapital are clearly listed below:

Pros Cons
MT4 trading platform Not regulated
Four types of accounts to choose from High minimum deposit
High Spreads
Insufficient company info
High withdrawal fees
Only email support available

Broker Information

Company Name

Fair Trade Option

Company Abbreviation

Fair Trade Option

Regulatory Status

No Regulation

Platform registered country and region

United States

Company website
Company address

--

Linkedin

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WhatsApp

--

QQ

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WeChat

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Customer Service Email Address

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Company Summary

User Reviews

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Write a review

dejat琳
more than one year
Happy to switch to this broker! it did give me a lot of surprises, flexible trading leverage up to 1:300, fast and reliable order execution, good selection of payment methods. I feel that I finally find the right broker!
2023-03-13 12:05
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