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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 offices Shanghai, Wuhan, India
Broker Type STP
Broker Status Independent Broker
Accept U.S Clients No
Live Chat Yes
Phone 0064-9-3799624
Fax –
Email [email protected]
Website Languages Chinese, English, Estonian, French, Japanese, Korean

 

Account Information

Free Demo Account Yes
Min. Deposit $250
ECN account No
Account Based Currencies USD
IRAs account No
Trust account No
Maximum Leverage 400:1
Minimal Order Volume 0.01
Segregated accounts Yes
Swap-free Accounts No
MAM/PAMM accounts No
Managed account No
Interest on margin No
Deposit/ Withdrawal Options Paypal • Skrill (Moneybookers) • Bank Wire • NetPay (New Zealand)

 

Trading Terms

Trading Platforms
  • MetaTrader 4
  • Formax CopyMaster (Social Trading)
Precision pricing 5 digits
Type of Spread Floating
Commission no
Lowest spread on EURUSD 0.8 pips
Scalping Yes
Hedging Yes
Expert Advisors Yes
One-click execution Yes
OCO orders No
Mobile Trading Yes
Web Trading Yes
Gold, Silver Yes
CFDs Yes
Other Trading Instruments Indices • Equities • Commodities • Metals
Promotion Yes
Trading Contests Yes

 

What’s new

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

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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