Forex 3D Review

Forex 3D Review by professional Forex trading experts the “” FX trading team, Finding out everything you need to know about the broker is in this Forex 3D Review.

Forex 3D Review

Forex-3D offers two account types, all of which are said to provide STP execution, variable spreads and commission and swap-free trading on the MetaTrader 4 platform. In addition, there are also MAM and PAMM accounts available with this broker.

To begin with, we consider an initial investment of $1000 too high, as most brokers require $100 – $200 as a start. Then, the maximum leverage provided by this broker is dangerously high. For example, if you use your entire account as collateral at a 1:1000 leverage ratio, a 0.1% market move against you means that you lose everything.

As regards Forex-3D’s spreads, the ones in the table above seem attractively low. However, when we tried Forex-3D’s demo account, we found out spreads fixed at 1.0 pips on EUR/USD. While this is a low spread, when compared to most fixed-spread brokers, we spot several problems here. First of all, such spread doesn’t match any of the trading conditions provided in the table above, which means that Forex-3D lacks decent and transparent pricing policy. Second, we could not initiate a single trade on the broker’s demo MT4.

The Company. Security of Funds

Company

Country

Regulation

R M S Famelia Co. Ltd.

Thailand

N/A

Forex-3D is a Thailand-based forex broker with rather limited product portfolio consisting of twenty-something currency pairs. The broker’s website does not disclose which is the company behind the brand, nor its headquarters, or regulation, which definitely does not leave a good impression. When we downloaded Forex-3D’s trading platform, we found it is provided by R M S Famelia Co. Ltd. – a company headquartered in Bangkok providing business consulting services in the sphere of finance and investment. It is not licensed, nor supervised by any authority.

The fact that the broker has not shared much relevant information on its website and the lack of financial regulation, makes Forex-3D seem highly suspicious. There are many scams in the forex and binary options trading sphere and most of them are not regulated. We searched for user reviews about this broker, but did not find any.

Because of all the risks involved in doing business with unregulated brokers, we do not recommend Forex-3D. Instead, we suggest that you select among brokers that are duly regulated by a reputable financial regulator, such as Cyprus’ CySEC or UK’s FCA.

Trading Platform

Like most brokers, Forex-3D also supports the MetaTrader 4 (MT4) platform, desktop and mobile versions available.

The MT4 is highly regarded by the online trading community mostly because it allows users to fully automate their trades by choosing from a wide range of EAs (or developing such themselves). What is more, it offers a number of technical analysis indicators, extensive back-testing environment and solid charting.

As we mentioned earlier, we could not initiate a single trade on the broker’s demo MT4. This message saying “Order is being processed by the server” appears to be permanent.

Methods of Payment

Forex-3D offers its clients the following payment options: via credit/debit card, wire transfer, Skrill, Neteller, PayPal, and Qiwi.

Forex-3D is a Thailand-based unregulated forex that supports the MT4 platform. The trading conditions announced on its website differ from those on its demo accounts (which, by the way, are not functioning), which additionally lowers the broker’s credibility.

The Broker is not a safe forex broker, Instead you can use Plus500, XM, eToro, Fxpro or AvaTrade forex brokers.

Forex 3D Review Conclusion

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