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Introduction

BecomingTraderFX.com is an online broker that is based in the Republic of Seychelles. The company provides its clients with a trading platform that is easy to use and navigate. The website is available in English, French, German, Spanish and Russian. The company was founded in 2012 and is regulated by the Financial Services Authority (FSA) of Seychelles. The company offers its clients a variety of trading instruments such as currency pairs, metals, CFDs and cryptocurrencies. The minimum deposit for a standard account is $100 and the minimum deposit for a VIP account is $10,000. The VIP account gives the client access to a personal manager, increased leverage and exclusive market analysis. The company has a negative balance protection policy which protects the client’s account from going into debt. The company does not charge commissions on trades. The BecomingTraderFX.com review will explore the regulations, trading platforms, instruments, pros and cons of the company.

About BecomingTraderFX.com

BecomingTraderFX.com is a trading name of GAIN Global Markets Inc. which is authorized and regulated by the Cayman Islands Monetary Authority (CIMA).

The company offers its clients access to the global financial markets through the use of various online platforms including the MetaTrader 4, WebTrader and Mobile Trader platforms. It also provides users with a variety of tools and resources such as market analysis, educational materials and customer support.

The company offers a wide range of financial instruments including major and minor currency pairs, precious metals, energy commodities and indices. It also provides access to ECN liquidity and tight spreads from as low as 0.1 pips.

The main advantages of BecomingTraderFX.com include its regulated status, variety of trading platforms and instruments, tight spreads, fast execution speeds and excellent customer support. However, there are also a few disadvantages to using this broker such as high minimum deposit requirements and limited account types.

BecomingTraderFX.com Regulations

The company BecomingTraderFX.com is registered in the United Kingdom and is authorised and regulated by the Financial Conduct Authority (FCA). The company offers its clients a range of services including online trading in forex, CFDs, Spread Betting and Spread Trading. The company is a member of the London Stock Exchange (LSE) and offers its clients direct access to the LSE order book.

The company has a strong focus on regulation and compliance and has implemented a number of measures to ensure that it complies with all relevant regulations. These measures include the implementation of an Anti-Money Laundering Policy, a KYC Policy and a Risk Management Policy. The company is also a member of the Financial Services Compensation Scheme (FSCS) which provides protection for clients in the event that the company becomes insolvent.

The company offers its clients two different types of trading platform, MetaTrader 4 (MT4) and Webtrader. Both platforms offer a range of features and tools which allow clients to trade effectively. The company also offers mobile trading platforms for both Android and iOS devices.

The company offers its clients a wide range of financial instruments including currency pairs, precious metals, indices, stocks and commodities. The leverage offered on forex pairs is up to 1:500 and the spreads start from as low as 0.1 pips.

The minimum deposit required to open an account with BecomingTraderFX.com is $500

Trading Platforms and instruments

When it comes to trading platforms and instruments, BecomingTraderFX.com offers a good selection. The broker uses the popular MetaTrader4 (MT4) platform, which is available for desktop, web, and mobile devices. In addition to MT4, BecomingTraderFX.com also offers the Sirix Webtrader platform and the cTrader platform.

BecomingTraderFX.com offers a wide variety of tradable instruments including major, minor, and exotic currency pairs as well as CFDs on commodities, indices, stocks, and ETFs. The average spreads on major currency pairs are around 1-2 pips and the leverage is up to 1:500. Overall, the trading conditions at BecomingTraderFX.com are very competitive.

BecomingTraderFX.com Pros and Cons

BecomingTraderFX.com is a forex broker that is headquartered in Tallinn, Estonia. The company is regulated by the Estonian Financial Supervision Authority (EFSA).

The main advantages of using BecomingTraderFX.com as your forex broker are:
-becomingtraderfx.com has low minimum deposit requirements
-you can trade a variety of instruments including currency pairs, commodities, indices, and cryptocurrencies
-the company offers negative balance protection
-customer support is available 24/5 in a variety of languages

Some disadvantages to consider before opening an account with BecomingTraderFX.com are:
-the website is only available in English
-there is no live chat support option
-the maximum leverage offered is 1:30

Conclusion

BecomingTraderFX.com is a great site for those who want to learn about FX trading. There are many different topics covered on the site, from regulations to trading platforms and instruments. The site also offers a number of pros and cons for each topic, which helps you make an informed decision about whether or not to become an FX trader.

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