1BILLIONFOREX

About company:

The broker is an IB-partner of NordFX, which has an investment license C108006311 issued by the Mauritius Financial Services Commission.

 

Broker 1billionforex is located in Belize. It has thousands of clients around the world and works with over 20 top tier banks.

 

Fund security

FSC Mauritius regulates the non-banking financial services industry, including brokerage companies. Supervisory activities are carried out in accordance with international business rules, and also contributes to the development of business transparency and efficiency, guaranteeing the safety of financial flows.

 

However, in general, the trust of traders in this regulator today is not above average, since many have a certain opinion about regulators in offshore countries, an example of which is the FSC. At the same time, Mauritius has long become a world-class business center, where the number of brokerage companies is growing from year to year.

 

Trading conditions

1billionforex offers 8 accounts and instruments such as CFDs, Indices, Currency Pairs, Metals, Indices.

 

Integral 0 Spread Account is designed for professional traders and is characterized by tight spreads and low transaction fees. The minimum capital for such an account is $ 20,000.

 

Account 1: 1000 is characterized by high leverage.

 

Micro-account is designed to teach novice traders to trade without assistance and is usually used as an intermediary when switching from a demo account to a Standard account. You can trade the most popular currency pairs with fixed spreads and high leverage.

 

A standard account for experienced traders, it has the best trading conditions and a full range of trading instruments.

 

The company offers the opportunity to get Premium status and trade on an account with low spreads.

 

Standard-MT5 is designed for experienced traders with the best trading conditions and a full range of trading tools through the latest MetaTrader 5 trading platform.

 

MT-ECN accounts are serviced through the MT4 platform.

 

By opening a ZuluTrade account with NordFX, the client gets a unique opportunity to trade on the Forex market and use the know-how of the best traders - market specialists. The Client has complete control over his ZuluTrade account, including automatic and independent (manual) trading. Access to viewing and analyzing the various trading strategies used by market experts is one of the key factors that make this service popular.

 

Minimum initial deposit

It starts at $ 5 on a Micro Account and reaches $ 50,000 on a Premium Account. The broker provides its clients with a wide choice of accounts, so traders can choose an account for the deposit: $ 5, $ 50, $ 1,000, $ 20,000, $ 50,000.

 

Commission and spreads

Spreads start at 0 pips on an Integral 0 Spread Account for EUR / USD, but charges a commission of $ 20 to $ 30. Some accounts have spreads as high as 3 pips.

 

Leverage

The broker offers leverage in the range of 1: 10–1: 1000, as well as the ability to hedge funds.

 

Trading platforms

The terminals MetaTrader4 and MetaTrader5 are available for trading. Metatrader is the most popular trading platform today. Most traders ask for Metatrader because of the huge number of technical indicators and because the terminal is easy to use. Metatrader is compatible with most EA and Scalping robots, as well as manual trading systems.

 

Ways of payment

Customers can use the following payment methods: bank transfer, credit cards (MasterCard, Visa), Skrill, NETELLER, WebMoney, CashU.

 

Pros:

 

terminals MT4 and MT5 are available; high leverage; a large selection of trading accounts.

 

Minuses:

 

registered in an offshore zone.

 

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