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Formax reviews

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Formax Discussion

Formax Forex Broker 

+ SUBMIT YOUR REVIEW

 

  • Website: formaxmarket.com
  • Founded: 2010
  • Company: Formax International Market Ltd
  • Headquarters: level 7, 203 queenst, Auckland Central, New Zealand
  • Note: registered with FSP No:FSP207987

International officesShanghai, Wuhan, India
Broker TypeSTP
Broker StatusIndependent Broker
Accept U.S ClientsNo
Live ChatYes
Phone0064-9-3799624
Fax–
Email[email protected]
Website LanguagesChinese, English, Estonian, French, Japanese, Korean

 

Account Information

Free Demo AccountYes
Min. Deposit$250
ECN accountNo
Account Based CurrenciesUSD
IRAs accountNo
Trust accountNo
Maximum Leverage400:1
Minimal Order Volume0.01
Segregated accountsYes
Swap-free AccountsNo
MAM/PAMM accountsNo
Managed accountNo
Interest on marginNo
Deposit/ Withdrawal OptionsPaypal • Skrill (Moneybookers) • Bank Wire • NetPay (New Zealand)

 

Trading Terms

Trading Platforms
  • MetaTrader 4
  • Formax CopyMaster (Social Trading)
Precision pricing5 digits
Type of SpreadFloating
Commissionno
Lowest spread on EURUSD0.8 pips
ScalpingYes
HedgingYes
Expert AdvisorsYes
One-click executionYes
OCO ordersNo
Mobile TradingYes
Web TradingYes
Gold, SilverYes
CFDsYes
Other Trading Instruments Indices • Equities • Commodities • Metals
PromotionYes
Trading Contests Yes

 

What’s new

January 6, 2014: Add a listing for Formax Forex broker.

See also:

  1. IronFX Global received award for Best Fundamental And Technical Analysis Provider 2013
  2. XTB Broker: Reviews and Specifications
  3. FBS – Deposits in local currency are now available for Philippines
  4. easyMarkets Broker: Reviews and Specifications

Reader Interactions

Comments

  1. Ize Lemit NZ says

    March 28, 2015 at 4:52 pm

    Formax Market Is A Scam, Formax Delete and Withdraw money from your balance, and they also withdraw your deposit

    Reply
  2. Mehwish Raheel says

    March 28, 2014 at 4:35 am

    Is there anybody get withdrawal through formax markets? with bonus account? if so then please inform me, I am doing trades with formax markets, and I am keen to know about withdrawal, whether they give withdrawal or not.

    Reply

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