Fenix Trade

Fenix Trade

Fenix Trade – a company focused on providing its clients with modern tools to achieve financial independence. The broker guarantees free trading with CFD contracts, stocks, and other assets, as well as promises the safety of invested funds and continuous support.

Education and Support Service

On the fenixtrade.org website, there is an opportunity to take a free training course for inexperienced traders. After successfully completing the course, clients receive bonus funds on their deposit as a welcome reward. The site also offers online applications, free consultations via phone and email, and technical support operates 24/5.

Trading Conditions

When depositing funds, the client’s funds are sent to a separate account in accordance with the rules of the Cyprus Securities and Exchange Commission, ensuring fund safety and protection against hacking attacks. Clients can choose from several trading accounts:

• Basic. Minimum investments starting from $250: floating spreads, leverage 1:100.

• Classic. Initial capital of $1000: access to trading CFD contracts, floating spreads, 12% profit commission, leverage 1:200.

• Pro. $10,000: trading currency pairs, leverage 1:400.

• VIP. $70,000: managed PAMM7 account, leverage 1:500, floating spread.

Education and Account Funding

The company educates clients on the basics of trading, offering demo account versions for trading practice. The minimum initial capital to create an account is $250. There are no financial transaction fees, but there are 12% profit fees. Information on payment systems for transfers is not available.

Conclusion

The broker Fenix Trade offers clients access to trading with CFD contracts; however, it should be noted that the company has not provided its legal information on the website. Information on registration and licensing is also unavailable. The offered trading accounts have similar functionality despite the difference in investment capital.