XFR Financial Ltd, Xtrade Europe Ltd
Founded in 2010
Online since 2016
Cyprus Securities and Exchange Commission (Cyprus)
Onto the next analysis in our series on trading brokers, we'll be taking an in-depth look at OffersFX. This broker has been firmly rooted in the market since its establishment in 2010 and has been providing its online services since 2016. It also boasts an impressive overall reviewer average rating of 10, indicating high satisfaction among their clients. Operated by XFR Financial Ltd, and Xtrade Europe Ltd, OffersFX enforces serious regulations to ensure a secure and reliable platform for traders.
Starting off in Forex trading should always be a calculated venture and with OffersFX, it's made easy with their minimum account size set at a manageable $200. This broker also allows a friendly minimum position size of 0.01, thus enabling beginner traders to take small, calculated risk investment decisions right from the onset.
While the details on the maximum leverage provided by OffersFX is not clearly defined, (labeled as "recwfLVykrCydoBIr"), prospective clients are encouraged to confirm this aspect via customer service before proceeding to open an account.
A key highlight of their service is the feature providing trading by phone, allowing users the flexibility to engage in trade movements even when they're away from their computers. Promising bonuses are provided as well, making OffersFX attractive to traders looking to maximize their earnings with this addition to their regular profits.
Unfortunately, OffersFX does not permit US traders on their platform. However, their inclusive policy has gained a global outreach by accommodating a large number of traders hailing from various other geographic locations. This extensive access provides a diverse trading atmosphere beneficial for any active investor.
The costs at OffersFX are on the higher side as they operate on high spreads. However, their impressive average rating suggests that users find value despite the higher costs and consider them an ambitious destination for a profitable trading journey.
Heightened security is one area where OffersFX truly stands out. Their strict adherence to serious regulation ensures a secure platform for customer's funds providing peace of mind for their users.
OffersFX presents a well-balanced offering for traders looking for a secure, flexible, and diverse trading platform despite its high spreads and exclusion of US traders. Make sure to do thorough research and consider your trading needs before you opt for any broker. OffersFX, with its high overall average rating, serious regulations, and the convenience of low initial investment requirements and trading by phone certainly deserves to be on your list for consideration.
Stay tuned as we continue to bring you more broker reviews, providing the most up-to-date and reliable information in the trading world. Any further queries or clarifications can be brought forward in the comments section, where our team will promptly answer and assist you.