Logo
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Company Information
https://pforex.vip/r/Broker-CrownFOREX
Moving Account
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Rebate & Cashback
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Min Deposit
100
Max Leverage
100
Foundation Date
–
Headquartered
–
Regulation & Company Information
CrownForex S.A. (CFSA) is a FOREX trading platform based in Switzerland. The firm offers many different features and solutions, but is probably best suited to advanced and experienced traders. While it does not provide much education to budding or inexperienced traders, CFSA does include provisions to limit risks, and a demo account for training purposes.
CFSA strongly recommends that potential customers develop experience with the demo account before beginning live trading.CFSA allows trading on 13 currency pairs and some precious metals. The pairs are defined as seven majors and six crosses – the majors being EUR/USD, GBP/USD, AUD/USD, USD/JPY, USD/CHF, USD/CAD, and NZD/USD.
Note that these are not the “major” pairs as defined by some other brokers; notably, other broker offers additional pairs, with one component being CHF, as majors. However, all major pairs have one pip spreads on the CFSA platform.
Platforms
Metatrader 4.0
- MetaTrader4 (MT4) Trading Platform is a terminal that enables users to trade on Forex. This popular client-side MetaTrader4 terminal allows traders to analyze dynamics in financial markets, make deals, develop and use automatic trading software.
Web Trader
- The Web trader supports many functions that the Desktop Mt4 supports, however it is not a comprehensive trading platform. It is intended for use when access to MT4 Desktop Platform is not available, such as in an internet cafe, airport, or on the go.
Account Type
- Standard Account: $300
Supported Language
- English
Withdrawal Method
- Wire Transfer
- Credit card
Adavantages
CFSA execute trades directly through the trading terminal software installed on your site. The trading terminal is quite powerful and offers a wide variety of information and tools. These include many charts and indicators, including some that will be confusing for many FOREX traders (but can be easily researched on-line through other sites).
Through the online platform, you can execute trades directly from real-time streaming bid/ask quotes. Live prices are continuously updated. Executing a deal via the Internet is a simple, two-step process. Simply enter the number of lots and then click on the bid (buy) or offer (sell) for the currency pair you wish to trade – your deal is automatically executed.
The dealing software automatically calculates the initial margin requirement based upon the notional amount of the deal, and if sufficient funds are available in your account, will accept the transaction. Deals are confirmed online, normally within one second, and the system instantaneously updates both your open position and calculates your current floating profit and loss.