FXcast Forex Broker Review

Company Surplus Finance S.A (FXCast)
Established in 2005
Online since 2007
International Offices China, Costa Rica, France, Indonesia, Japan, Malaysia, Morocco, United Kingdom
Payment Methods c-gold,Credit/debit cards, Liberty Reserve, Moneybookers, Neteller, Payza, Perfect Money,
SolidTrustPay, WebMoney, Wire transfer
Demo Accounts & Platforms Meta Trader 4
Account currencies Euro, Nigerian naira, United States Dollar
Regulated & Registered by FSC, Mauritius
Are US Traders allowed? No
Bonus? (detailed)
Languages in which website is available? Chinese, Croatian, English, German, Indonesian, Japanese, Malayalam, Portuguese, Russian,
Languages in which Support is available? Chinese, English, German, Japanese, Russian, Spanish
Different Support methods? CallBack, Email, Forum, Live Chat, Phone, Skype, Web Form
Types of Account (micro standard executive islamic) Micro
Minimum deposit in accounts $10
Minimum position size 0.01 Lot
Type of Spread? Variable
Minimum spread on EUR/USD, pips 2 pips
Is Scalping Allowed? Forbidden
Types of Trading Instruments (GOLD; CFD, etc. and the leverage) Forex – 1:400, Gold & Silver- 1:400
Real Trading platforms Meta Trader4, Mobile Trader (SerSart)
Digits after the dot in quotes 4
Margin call level 30%
Stop-out level 30%
Total Number of currency pairs 37
Any Bonus offers Yes
Affiliate program Available? Yes
Facility of Overnight interest rates (swaps) Yes
Do they have Trailing stop? Yes
Do they have Pending orders? Yes
Mobile trading allowed? Yes
Browser-based platform present? Yes

fxcastFXcast forex broker which is known as Surplus Finance S.A has its offices in many countries like China, Cost Rica, France, Indonesia, Japan, Malaysia, Morocco and United Kingdom. The company was founded in the year 2005 and they started their internet based online trading service in the year 2007. They have many attractive features like bonus offers, trading contests which keeps the interest of the traders alive in trading. They offer PAMM, LAMM, MAM accounts and even Islamic accounts for all the Muslim traders who follow the Islamic laws on trading. They also arrange for an affiliate program for their clients. They have host of payment options which make the deposit and withdrawal of funds an easy and hassle free affair. The various payment options include c-gold, credit/debit cards, Liberty Reserve, MoneyBookers, Neteller, Payza, Perfect Money, SolidTrustPay, WebMoney and Wire transfer. They allow Euro, Nigerian naira and United States Dollar as the account currency. Their website and the customer support service is multilingual and is available in 9 and 6 languages respectively. This helps the native speakers to communicate and understand better. The customer support service is of world class and can be availed via callback, email, forum, live chat, phone, Skype and web form.

The demo account is also made available to the traders and the demo platform is Meta Trader 4 which is also offered when you start real trading. So, you have the liberty to design your strategies beforehand. They only offer Micro account and the minimum amount required to open an account with them is $10, and the minimum position size is 0.01 lots. They forbid the use of scalping in trading but the use of Expert Advisor is allowed. They allow trade in gold and silver along with forex and the maximum leverage on the same is 1:400.

If you through the reviews posted by the users of FXcast forex broker you will realize that they have a host of happy and satisfied customers who also recommend it to their family and friends. The most liked feature of the FXcast forex broker is that they have plenty of payment options which make deposit and withdrawal of money easy and hassle free. The leverage on the trading instruments forex, gold and silver is 1:400 which is also liked by many. Their website is available in 9 languages and is loved by the native speakers. The customer support service is excellent and is very responsive. The staffs are well trained to handle any trading related issue patiently. Many of them like that the minimum deposit required to open an account with them is only $10. They allow the use of Expert Advisor which makes the trading process a smooth journey. Some of the cons mentioned in the reviews is that the company does not allow scalping. However, the overall review is very positive and the average rating given to the company by its various users stands at 5.7 out of 10 which is pretty good score.

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