Spot-Trader.com USA Based Forex Trading Broker Review
Below is a Forex review of online forex broker Spot-Trader.com. Spot-Trader.com forex trading broker is based in the USA. Below is a list of the most common questions about Spot-Trader.com that traders ask about this broker.
Spot-Trader.com is owned by Spottraderfx, 57 Danvers Lane LLC.
Forex Broker reviews - Spot-Trader.com
Where is Spot-Trader.com currency broker based
Spot-Trader is based in the USA, its address is:
190 Lauman Lane,
Hicksville, NewYork 11801,
Is Spot-Trader.com a licensed and regulated Forex broker
Details of the license, registration and regulation of this FX broker can be found on the broker’s website.
Spot-Trader is regulated in the USA by National Futures Association, NFA, License Number 0393266.
What is the execution method of Spot-Trader.com
Spot-Trader provides two execution methods:
ECN, electronic Communication Network and STP, Straight Through Processing of forex orders.
Market Maker Dealing Desk execution of orders
Spot-Trader regulation by NFA means Spot-Trader implement FIFO, First In First Out, Traders must open trades in the same order and close trades in the same order, therefore you need to program this on your expert advisor if you trade with automated trading robots.
Financial Instruments provided for trading by Spot-Trader.com
What are the forex account types of Spot-Trader.com
- Standard Account
Maximum leverage 50:1
Does Spot-Trader.com have Islamic Forex Trading Accounts
Spot-Trader does not provide swap free Islamic Accounts
What are the terms for demo accounts for Spot-Trader.com
30 days forex demo trading account is provided for practice forex trading
How is the withdraw and deposit process of Spot-Trader.com
Bank wire money transfer method is provided for deposit and withdraw of funds.
What is the minimum account opening capital for Spot-Trader.com
$250 is the Minimum account opening deposit
Does Spot-Trader.com give an account opening deposit bonus
Spot-Trader does not give an account opening deposit bonus
What is the security and reliability of Spot-Trader.com
What is the broker rating for Spot-Trader.com security and reliability
Spot-Trader is regulated in the USA by National Futures Association
Does Spot-Trader.com accept forex scalping
Spot-Trader execution method may not necessarily allow scalping forex trading
Does Spot-Trader.com give free forex education to traders
This broker does not provide a learn currency trading education for forex trading online.
What are the trading platforms of Spot-Trader.com currency broker
Is Spot-Trader.com a MetaTrader 4 Forex broker
Spot-Trader.com provides MetaTrader 4 software which is the best platform according to reviews.
The platform MetaTrader 4 can be downloaded from the brokers’ website.
Does Spot-Trader.com allow automated forex trading
The broker automated trading policy on automated trading is:
Spot-Trader allows Expert Advisors automated trading on their MetaTrader 4 platform.
What are Spot-Trader.com broker website information sections
The website information sections are:
Forex Trading Accounts Section: where traders will find information about forex accounts such as demo practice account and live forex accounts provided by this Currency broker. Traders wanting to start trading can open an account from this section.
Contact Section: there is a section of contacts for this fx broker, where a trader can contact this forex broker.
Platforms Section: this section provides platforms where a trader can choose one for tradng.
Forex Trading Resources and Forex Glossary of terms sections: for definitions of various forex trading terms.