WesternFX Journal
| Journal status: live WesternFX joined in | not yet |
WesternFX Profile
Website
Year
2013
Country
SVG
Branches
1
Regulation
not regulated
Registration
FSA SVG
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Canada, US
Broker type
STP, ECN marketing
Dealing book
A-book
Tier
3
Execution speed
...
LPs total
5
LPs quality
Tier-1 Banks
LPs names
Barclays, Citibank, Deutsche Bank, JPMorgan, UBS
WesternFX Accounts
STP
ECN
Minimum Deposit
25 $
250 $
Leverage
500 : 1
100 : 1
Minimum Lot
0.01 lots
0.01 lots
EURUSD spread
1.4 pips
0.2 pips
Commission
0 $/lotRT
...
Volume
...
...
Margin Call
20 %
20 %
Stop Out
10 %
10 %
Execution
Market
Market
Spread
floating
floating
Scalping
no
no
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Neteller, Perfect Money, FasaPay, Payza
Base currency
USD
Segregated accounts
yes
Interest on margin
no
Inactivity fee
none
| Update broker |
- Full listing profile: WesternFX broker profile
Is WesternFX safe?
- Investor protection: no
- Regulation: not regulated
- Registration: FSA SVG
- Publicly traded: no
- Segregated account: yes
- Guaranteed Stop Loss: no
- Negative Balance Protection: ...
Is WesternFX trusted?
- Information transparency: sufficient
★★★ - Customer service: not so helpful
★★ - WesternFX website: semi-detailed, updated
★★★ - WesternFX popularity (by visitor count): low visits
★★
How WesternFX works
WesternFX does not allow all types of Trading Methods, Styles, and Misquotes Expert Advisors.
https://www.westernfx.com/wp-content/uploads/2016/11/Trading-and-Execution-Risks.pdf
In our dealings with you, we will act as principal and not as agent on your behalf. Accordingly, we will be the counterparty to all of your
trades.
https://www.westernfx.com/wp-content/uploads/2016/11/Terms-of-Business.pdf
Ultra-Fast Trade Execution: Straight-Through Processing means your orders are automatically sent directly to liquidity providers.
Ethical Brokering: We don’t use a dealing desk, so we’re never taking the other side of your trades.
https://www.westernfx.com/why-choose-us/
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