forexCT Review for 2019

forexCT Rated 3/5
forexCT have a low rating. We recommend you look at one of their alternative brokers.
Plus500 matches your criteria. Visit Plus500 now here.

forexCT Introduction

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. In our review of forexCT we break down the pros and cons. What forexCT are able to offer, what countries forexCT are available in. Who forexCT are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

Benefits of trading with forexCT

Open forexCT's Website

Your capital is at risk

At the bottom of this review you can also learn about some pretty good alternatives to forexCT

With this review we hope to help you see if forexCT is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding forexCT that will help you get off to a good start in the world of online trading.

forexCT what you should know

forexCT offer three ways to trade: Forex trading, Spread Betting, Share Dealing.

With forexCT you will need a minimum deposit of $varies. You can sign up for a demo account to acquaint yourself with forexCT platform.

forexCT are able to accommodate various levels of traders whether you are experienced or a beginner.


Are forexCT safe?

When choosing a broker like forexCT the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in , and in operation for 2019 years forexCT have a head office in Australia.

forexCT is regulated. This means forexCT are supervised by and is checked for conduct by the ASIC Australian Securities & Investments Commission regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to forexCT, this will be honored. If forexCT violate any regulatory rules their regulated status could be stripped.

Any payments funded to forexCT accounts by traders are held in a segregated bank account.

For added security forexCT use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Try creating two accounts when you are working with forexCT. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit forexCT

Your capital is at risk

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

What we like

  • Used by over 10,000 traders
  • Established in
  • Regulated by ASIC Australian Securities & Investments Commission
  • Min. deposit from $varies

What we don't like

forexCT General Fees

  • forexCT withdrawal fees varies on payment method
  • forexCT does charge inactivity fees

forexCT Commissions

  • forexCT does charge commission on CFD shares.

What can you trade with forexCT?

You can trade a wide variety of instruments with forexCT over 109 instruments infact.

If you are looking at trading currency pairs forexCT offer over currency pairs.

Compare forexCT with Plus500 and City Index below.

Your capital is at risk

FX / Currencies forexct Plus500 City Index
Forex pairs offered 100 100
Major forex pairs Yes Yes Yes
Minor forex pairs No Yes Yes
Exotic forex pairs Yes Yes Yes
Cryptocurrencies No Yes Yes
Commodity CFDs forexCT Plus500 City Index
Commodities offered 17 26
Metals Yes Yes Yes
Energies Yes Yes Yes
Agricultural Yes Yes Yes
Indiced & Stock CFDs forexCT Plus500 City Index
Stocks offered 1816 4500
UK Shares Yes Yes Yes
US Shares No Yes Yes
German Shares No Yes Yes
Japanese Shares No Yes Yes
forexct
Instruments
Plus500
Instruments
City Index
Instruments

Trading on forexCT web platforms and other applications

forexCT offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.

forexCT also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you’re on the move.

See forexct's platforms

forexCT Trading benefits :

  • Allows scalping
  • Offers STP
  • Low min deposit

forexCT Trading Accounts offered:

  • Demo account
  • Mini account
  • Standard account
  • ECN account
  • Islamic account

Can I try forexCT before I buy?

forexCT offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

What funding methods do forexCT accept?

forexCT offer the below funding payment methods. learn more about forexCT

  • Credit cards
  • Bank Transfer
  • Skrill
  • Neteller

How can I start trading with forexCT?

When opening a trading account with forexCT, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on forexCT trading platforms here.

Performing trades with forexCT

forexCT allow you to execute a minimum of trade of varies. This may vary depending on the account you open. forexCT allow you to execute a maxium trade of varies. As forexCT offer ECN and STP execution, you can expect very tight spreads with more transparency over the price you‘re paying to execute your trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments.

Support at forexCT

forexCT support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian

What you will need to open an account with forexCT

As forexCT is regulated by ASIC Australian Securities & Investments Commission, every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore forexCT's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with forexCT you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.forexct.com.au/ on 12th August 2018.

forexCT not quite right?

Check out these forexCT Alternatives

We have spent years researching the best alternatives to forexCT. Click the links below to learn more.

If you feel some of the above forexCT are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of forexCT alternatives below.

Related forexCT Comparisons

If you would like to see how forexCT stands up against other brokers you can read some of our forexCT comparisons below. We compare side by side some of our top rated forexCT versus comparisons. Read some indepth forexCT VS pages below.

FOREXCT Frequently Asked Questions

Can I try forexCT before I buy?

forexCT offer a demo account so you can try before you put down and payment. Learn more here

What funding methods do forexCT accept?

forexCT offer the following funding payment methods accept Credit cards, Bank Transfers, Skrill, Neteller, Wire Transfer, among other payment methods.
Learn more here

Your capital is at risk

How can I start trading with forexCT?

When opening a trading account with forexCT, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on forexCT trading platforms here.

Is my money safe with forexCT?

forexCT is regulated by ASIC Australian Securities & Investments Commission. One of the most important criteria for traders when choosing a broker like forexCT is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to forexCT, this will be honored. If they violate any regulatory rules their regulated status can be stripped.