Forex Broker

WesternFX

WesternFX is a reputable forex broker serving both individual and corporate clients. It provides a real-time trading environment and builds effective Forex trading str...

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Basic Information

Full Company Name: WesternFX
Country: Saint Vincent and the Grenadines
Founded: 2013
Minimum Deposit: $100
Trading Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), WebTrader
Minimum Trade Size: 0.01 lots
Business Model: Straight Through Processing (STP), Electronic Communication Network (ECN)
Deposit Methods: Supports multiple funding options, including credit cards, debit cards, bank wire transfers, and e-wallets (such as Skrill, Neteller)
Server Time Zone: GMT+2 (Daylight Saving Time applicable)
Email: [email protected]
Phone: +44 203 239 7250
Headquarters Address: Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, Saint Vincent and the Grenadines

Regulatory Information

  1. Financial Services Authority (FSA) Saint Vincent and the Grenadines
    • License Number: 22863 IBC 2015
    • Regulatory Details: WesternFX is registered with the FSA of Saint Vincent and the Grenadines, ensuring compliance with local financial regulations.

Account Types

Account Type Standard Account Pro Account ECN Account
Minimum Deposit $100 $500 $1,000
Spreads From 1.6 pips From 1.2 pips From 0.0 pips
Commission None None $7 per lot
Tradable Instruments Forex, Metals, Energies, Indices, Stocks Forex, Metals, Energies, Indices, Stocks Forex, Metals, Energies, Indices, Stocks
Trading Platforms MT4, MT5, WebTrader MT4, MT5, WebTrader MT4, MT5, WebTrader
Leverage Up to 1:500 Up to 1:500 Up to 1:500
Order Execution Market Execution Market Execution Market Execution
Swap-Free Option Available Available Available
Hedging Margin 50% 50% 50%
Margin Call Level 50% 50% 50%
Stop-Out Level 20% 20% 20%
Minimum Trade Lot Size 0.01 lots 0.01 lots 0.01 lots
Maximum Trade Lot Size 50 lots 50 lots 50 lots
Maximum Number of Positions No limit No limit No limit

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