ForexBY Journal

Journal status: live
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ForexBY Profile
Website
Year
2015
Country
Belarus
Branches
1
Regulation
NBRB Belarus
Registration
NBRB Belarus
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Canada, Iran, Ireland, Israel, Japan, North Korea, Puerto Rico, US
Broker type
STP
Dealing book
A-book
Tier
3
Execution speed
1000 ms
LPs total
1
LPs quality
Other
LPs names
Excellium

ForexBY Accounts
STP
Minimum Deposit
500 $
Leverage
100 : 1
Minimum Lot
0.01 lots
EURUSD spread
0.9 pips
Commission
0 $/lotRT
Volume
100 lots
Margin Call
70 %
Stop Out
35 %
Execution
Market
Spread
floating
Scalping
yes
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card
Base currency
USD
Segregated accounts
yes
Interest on margin
no
Inactivity fee
after 6 months
Update broker

Is ForexBY safe?

  • Investor protection: no
  • Regulation: NBRB Belarus
  • Registration: NBRB Belarus
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: yes

Is ForexBY trusted?

  • Information transparency: high ★★★★★
  • Customer service: slow, helpful ★★★
  • ForexBY website: highly detailed, updated ★★★★★
  • ForexBY popularity (by visitor count): low visits ★★

How ForexBY works



2.2. Quotes are streamed from Excellium Ltd., SVG company.


Broker uses Market Execution and Instant execution of orders.


More details at:



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