Forex Brokers

GENETRADE

GeneTrade is the trade name of Genius Trading LTD, which has been regulated by the Belize Financial Services Commission since 2014 (Regulatory Number: IFSC/60/366/TS).

GeneTrade is the trade name of Genius Trading LTD, which has been regulated by the Belize Financial Services Commission since 2014 (Regulatory Number: IFSC/60/366/TS).

Security Analysis

The primary factor in measuring whether a foreign exchange trading platform is safe is to see whether it is regulated by a formal regulatory agency. GeneTrade is currently only regulated offshore by the Belize Financial Services Commission. As we all know, offshore regulators are not strictly regulated on foreign exchange trading activities, which means that users' trading activities and capital security cannot be effectively protected. Investors should use the GeneTrade trading platform with caution.

Financial Instruments

GeneTrade provides investors with popular currency pairs in the foreign exchange market, gold, silver and precious metals, and stock indices. Investors can choose flexibly according to their needs.

Account & Leverage

GeneTrade offers investors two different types of accounts, Micro and Standard. The minimum deposit for both accounts is $5, and the trading leverage is 1:1 to 1:1000. Traders can choose flexibly according to their risk tolerance.

Spread & Fees

The average spread on EURUSD is 1.7 pips, the average spread on EURGBP is 2.1 pips, the average spread on gold is 3.8 pips, and the average spread on silver is 0.38. GeneTrade charges the spread as a commission on investor trades.

Trading Platform

GeneTrade provides traders with the market-leading and most popular MT4 trading platform, as well as MT4 PC side, MT4 web side, MT4 Mac side, MT4 Android side, MT4 iPhone side, to meet the wide range of needs of users. MT4 is the gold standard of foreign exchange trading platforms, with advanced charting tools and multiple technical indicators, user-friendly interface, stable and smooth performance, and can help traders of different levels customize appropriate trading strategies and help traders in the financial market. gain a leading position.

Deposits

GeneTrade supports traders to deposit or withdraw funds from their investment accounts through wire transfer, Skrill, NETELLER, Bitcoin wallet, PayTrust, VISA, MasterCard. The minimum deposit amount is $5 and the minimum withdrawal amount is $10. Except for deposits and withdrawals by wire transfer, GeneTrade will pay traders all other deposit and withdrawal fees of not less than $200.

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