Frex Trade Dealing Center: Review
The company Frex Trade provides its services without disclosing information about its location or registration. The official website in Russian does not contain data on the country of registration, the address of the head office, and registration documentation. The absence of a license also raises doubts about the legality of the company’s activities.
On the website frextrade.com, there are no contact details, except for an online chat for technical support. The company started its operations in 2016, but due to the lack of registration documents, this information cannot be confirmed. Also, information about the management and founders of the company is not provided on the site.
Trading Conditions on Frex Trade
The main advantages of the company are listed on the homepage of frextrade.com, such as a convenient trading interface, high-yield assets up to 91% per trade, fast speed of opening positions, a wide selection of payment systems, and prompt processing of withdrawal requests.
- Convenient trading interface.
- High-yield assets (up to 91% per trade).
- High speed of opening trades.
- Wide selection of payment systems and fast processing of withdrawal requests.
There is no precise data on trading conditions, including types of trading accounts, spreads, leverage, and minimum deposit. The main cooperation rules are outlined in the company’s internal documents.
Deposits and Withdrawals on Frex Trade
The company does not compensate payment system commissions for withdrawals. Users are allowed to withdraw from 5 to 500 thousand rubles at a time or up to 3.5 million rubles per week or up to 14 million rubles per month. There are conditions for fund withdrawals related to deposits and trading transactions.
Withdrawal requests are processed daily, and the processing times may vary depending on the withdrawal amount. Some e-wallets and MasterCard bank cards are supported.
Conclusions on Frex Trade
Due to the lack of informative content on the Frex Trade company website, caution should be exercised when considering cooperation. It is necessary to study reviews and consult with professionals, considering the absence of registration data and contact information on the site.