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Forexiw

Comoros|Within 1 year|
Retail Forex License|Medium potential risk|Offshore Regulated|

https://forexiw.com

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

4
Server Name
ForexiwMarkets-Server MT5
Server Location United Kingdom

Contact

+1 (213) 459-0003
Info@Forexiw.com
https://forexiw.com
Hamchako, Mutsamudu, Autonomous Island of Anjouan Union of Comoros

Licenses

VPS Standard
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WikiFX Risk Alerts
Previous Detection : 2024-11-08
  • The Comoros AOFA regulation with license number: L15653 / FM is an offshore regulation. Please be aware of the risk!

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Forexiw · WikiFX Survey

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Forexiw · Company Summary

Forexiw Information

Forexiw is a regulated online CFD broker, launched in February 2024, that provides users with the easy-to-use MT5 trading platform for trading such financial instruments as forex, commodities, and stocks with high leverage and no commission accounts.

Forexiw Information

Pros and Cons

ProsCons
  • Easy-to-use MT5 platform
  • Limited information on deposit and withdrawal fees
  • Offers four account types and a demo account
  • High leverage up to 2000
  • Offers flexible spreads from 0 pip

Is Forexiw Legit?

Forexiw is regulated by AOFA with the license number of L15653 / FM. It current status is offshore regulated.

Is Forexiw Legit?

What Can I Trade on Forexiw?

With Forexiw, you can trade many financial products, such as individual company stocks, stock market indices, and futures contracts, providing you with multiple ways to invest.

Tradable InstrumentsSupported
Forex
Commodities
Stock
Indices
Cryptocurrency
Metals
What Can I Trade on Forexiw?

Account Type

Forexiw offers a variety of account types to cater to different trading styles and experience levels. Beginners can start with a free demo account to practice trading without risking real money. Cent accounts, with their low minimum deposit, are ideal for those just starting.

For more experienced traders, Standard, ECN, and Pro ECN accounts offer tighter spreads and more leverage choices. The table below provides a detailed comparison of these account types:

Account TypeLeverageStop outCommissionSpread
Centup to 200050%Yesfrom 1 pips
Standardup to 50050%Zerofrom 1 pips
ECNup to 50040%Yesfrom 0 pips
Pro ECNup to 30030%Lowfrom 0 pips
Account Type

Forexiw Fees

Forexiw's four account types have distinct characteristics. Cent accounts offer higher leverage but wider spreads and commissions, while Standard accounts provide zero commission but lower leverage. ECN and Pro ECN accounts feature tighter spreads and lower stop-out levels, making them suitable for more experienced traders, albeit with potentially higher commissions.

Account TypeLeverageStop outCommissionSpread
Centup to 200050%Yesfrom 1 pips
Standardup to 50050%Zerofrom 1 pips
ECNup to 50040%Yesfrom 0 pips
Pro ECNup to 30030%Lowfrom 0 pips

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
MetaTrader 5PC and MobileInvestors of all experience levels

Customer Service

You can reach out to Forexiw 24/7 by email at Info@Forexiw.com and by phone at +1 (213) 459-0003.

Contact OptionsDetails
Phone+1 (213) 459-0003
EmailInfo@Forexiw.com
Support Ticket System
Online Chat
Social MediaFacebook, Instagram, Twitter, YouTube, etc
Supported LanguageEnglish
Website LanguageEnglish
Physical AddressNo: 1652, Tamani Arts OfficeBusiness Bay, Dubai, UAE

The Bottom Line

Forexiw is a regulated CFD broker that provides its clients with the easy-to-use MT5 trading terminal for interacting with many financial instruments with high leverage and no commissions.

FAQs

What services does Forexiw offer?

Forexiw offers many trading instruments, including forex, commodities, stocks, and indices. They provide a user-friendly MT5 platform with four account types and a demo account.

Is Forexiw safe for beginners?

Yes,it is regulated by AOFA.

Broker Information

Company Name

Forexiw Markets Ltd

Abbreviation

Forexiw

Regulatory Status

Offshore Regulated

Platform registered country and region

Comoros

Company website
Type of License

Description of Approved License Type

Type I

The financial instrument business deals with highly liquid securities and provides derivative transactions, which have characteristics.

As mentioned above, the main business content of the first type of financial instrument business operators can be roughly summarized as securities business (securities, securities CFD, etc.), financial futures business (FX), derivative trading business related to cryptocurrencies, securities management, etc. The work can be divided into four categories.

Type II

The financial instrument business basically refers to funds (shares of collective investment plans), trust beneficiary rights with lower liquidity, that is, financial instrument transactions excluding major securities such as stocks and corporate bonds. These are referred to as "equivalent securities" in the various items listed in the second paragraph of Article 2 of this Sale Business Law (hereinafter referred to as "equivalent securities").

In addition, the self-issuance (private placement and public offering) of certain securities such as investment trust beneficiary rights that are not regarded as securities, currency-related market derivative transactions, etc. are also positioned as Type II financial instrument business.

Phone of the company
  • +1 (213) 459-0003

Twitter

--

Facebook

--

Instagram

--

YouTube

--

Company address
  • Hamchako, Mutsamudu, Autonomous Island of Anjouan Union of Comoros

  • 1652, Tamani Arts Office, Business Bay, Dubai, UAE

Linkedin

--

WhatsApp

--

QQ

--

WeChat

--

Customer Service Email Address
  • Info@Forexiw.com

Company Summary

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