PhoenixT Dealing Center
The PhoenixT dealing center proudly announces its British roots and representation in the financial community. The company has its headquarters located at 30 ST. MARY AXE, LONDON, ENGLAND EC3A 8BF. Exact company registration information should be verified with the corresponding Companies House document, provided on the official website.
The Russian version of the main page of the resource fenixt.co.uk looks as follows.
Advantages
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Presence of a license confirmed by official organizations.
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Listed on the main LSE market. The broker actively participates in the FTSE 250 index and is listed on the main market of the London Stock Exchange for traded companies.
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Segregated client fund storage in bank accounts.
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Reliability and security with an SSL certificate.
These advantages emphasize the importance of security and reliability in the company’s operations, making it an attractive choice for traders. However, a true assessment can only be obtained through real reviews about “PhoenixT.”
Contact information: head office address, phone number, email, feedback form. To contact the support service, you can go to the “Contacts” section on the website fenixt.co.uk.
FenixT Trading Conditions
Trading is available for the following asset categories:
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Forex currency pairs.
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Commodities.
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Cryptocurrencies.
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CFDs.
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Indices.
To start trading, a trader needs to open an account. FenixT offers the following types of accounts:
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Basic. Minimum deposit $250. Leverage up to 1:100. Limit on the number of open positions – 2.
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Classic. Minimum deposit $1000. Leverage up to 1:200. Limit on the number of open positions – 10.
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Pro. Minimum deposit $10000. Leverage up to 1:400. Limit on the number of open positions – 20.
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VIP. Minimum deposit $70000. Leverage up to 1:500. No limit on the number of open positions.
General trading conditions for all accounts: floating spreads, 12% profit commission, account currency – USD.
CFD trading is available to all clients except Basic account holders. Clients with Pro and VIP accounts have the ability to trade currency pairs. To open a PAMM7 managed account, one must be a VIP client.
There is not much to say about the trading platform of the “PhoenixT” project yet. The broker claims to have an Android application, software for iPhone/iPad, and PC versions for Windows and Linux. To start trading, registration and downloading the application for order transmission are required. More information about the platform is currently unavailable, and opening a demo account is not discussed.
Account Funding and Withdrawal from FenixT
Information on deposit/withdrawal of funds is limited. It is officially stated that account funding is possible via credit cards and cryptocurrencies, but specific details regarding cryptocurrencies are not provided. Regarding the withdrawal process, it is only mentioned that one needs to provide details, select the amount, confirm the withdrawal, and receive the funds. The company does not disclose information about withdrawal methods, fees, and limitations.
Conclusion
Trust and reliability of the dealing center are crucial for successful trading. Therefore, to get a full understanding of FenixT, it is recommended to review feedback and consult with an expert to make an informed decision and ensure the safety of your funds.
I had a truly exasperating experience dealing with FenixT. They promised to provide me with well-researched market predictions and sound investment advice but failed to deliver. Disorganised, unprofessional, and shockingly unresponsive—they seem to be more focused on taking our money than providing credible service. Miscommunication was the norm with them. Their platform was barely usable, confusing, lagging, and prone to glitches, which, needless to say, made my trading experience extremely unnerving. Furthermore, they also have a severe lack of transparency when it comes to their fee structure. I wouldn’t recommend FenixT to anyone. Save your money and time, and find a broker who respects and values their clients.