REALFX

General Information & Regulation

Tech RealFX (Treal FX) is an offshore online Forex and CFD broker. Tech RealFX claimes to be headquartered in the United Kingdom, as it provides an official address in London. Nonetheless, it is not authorized to provide financial services by the UKs Financial Conduct Commission, as required by law.

Market Instruments

Tech RealFX offers investors access to some financial instruments, including Forex currency pairs, commodities, metals, and CFDs.

Minimum Deposit

Tech RealFX offers investors two different types of accounts, namely Standard and ECN accounts. The minimum deposit requirement for a standard account is $100, while the minimum deposit requirement for an ECN account is unknown.

Tech RealFX Leverage

Tech RealFX offers high leverage levels, reaching 1:500. Such leverage ratios enable traders to make striking profits when the markets move in their favor, however, the opposite is also possible.

Spreads & Commissions

Standard users on the Tech RealFX platform are only charged a certain spread as commission, while ECN accounts are charged a commission of $8 per lot in addition to a lower spread.

Trading Platforms

To trade with Tech RealFX, traders have access to the most popular MT4 trading platform on the market today. MT4 is user-friendly, easy to use, contains multiple options, different order types, a large number of charting and analysis tools, and a selection of third-party applications that are compatible with it. Additionally, the MT4 trading platform is also popular for its ability to use expert advisors for automated trading and support for hedging models.

Deposit & Withdrwal

Payment methods supported are not fully disclosed on the Tech RealFX official website. However, what has to mention is that withdrawal amount less than $200 cannot be done according to this broker.

Tech RealFX Pros & Cons

Tech RealFX Advantages Include:

1. Two account options available

2. Low minimum account deposit requirements

Tech RealFX Disadvantages Include:

1. No regulation

2. Unclear transaction costs, no information on spreads

3. Minimum withdrawal limit, no less than $200

4. No access to MT4

5. No information on deposit and withdrawal methods