COMPASSFX

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Advantages:

Not found

Disadvantages:

Not found

About company:

Compass FX is an independent representative for brokerage firms headquartered in Richardson, Texas.

Since its inception in 1990, it has been offering Forex, commodity and options trading.

Compass FX is regulated by the National Futures Association (NFA - 0232832).

Compass FX (RTY Trading Group, Compass Inc) acts as a liaison between US traders and US clearing companies.

Compass Foreign Exchange, LLC, an unregistered member, acts as a liaison between non-US traders and non-US clearing companies.

Compass FX has built strong relationships with brokers who adhere to the highest standards in the highly regulated industry.

The company offers trading with the following brokers: Forex.com, FXCM, DirectFX, FXDD Global, Tier1FX.

Trading conditions

Spreads on EUR / USD and USD / JPY range from 2 to 3 pips, while in all other pairs they range from 3 to 4 pips. The company provides very reliable and fast order execution. Hedging is also permitted.

Leverage is offered in the range from 1:50 to 1: 200. Micro lots and IRA accounts are available.

Trading platform

Compass FX supports the MetaTrader 4 (MT4) platform. One of the most innovative and powerful trading platforms, it combines an accessible and user-friendly interface with a wide range of different functions, making it an extremely flexible platform that allows you to easily and efficiently manage trades even on mobile devices.

MetaTrader 4 has an unrivaled competitive edge and provides solutions to your toughest trading needs.

Support service

You can ask your questions to our support representatives by email, phone or fax.

Whether you are an experienced trader or a novice trader, the company offers some of the best educational training programs.

There is no information on the site regarding the methods of depositing and withdrawing funds. Hopefully this broker supports wire transfers.

Pros:

MT4; educational resources.

Minuses:

high spreads; no information on payment methods.

FAQ - BROKER QUESTIONS COMPASSFX

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Can the broker COMPASSFX be considered honest?
Before any trading and choosing a broker, you should always read reviews on our portal, as well as on other resources. Brokers that are honest have a rating above 3.8. There is also always a risk of losing investments when trading CFDs. Be careful and read the risk warning on the broker's website. COMPASSFX received a rating of 1 out of 5 on our resource.