Score
Saint Vincent and the Grenadines
|
5-10 years
| https://www.continuefx.com/
Website
Rating Index
LicensesNo valid regulatory information, please be aware of the risk!
Saint Vincent and the Grenadines
continuefx.com United StatesNote: ContinueFX's official website https://www.continuefx.com/ is currently inaccessible normally.
| ContinueFXReview Summary | |
| Founded | 2017 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | No regulation |
| Market Instruments | Currency pairs, indices, commodities, cryptos |
| Demo Account | / |
| Leverage | Up to 1:200 |
| Spread | Floating from 2.2 pips |
| Fixed from 3 pips | |
| Trading Platform | MT5 |
| Min Deposit | $100 |
| Customer Support | Tel: +971561331987 |
| Email: support@continuefx.com | |
ContinueFX is a forex and CFD broker, a trade brand owned by Continue Markets Limited, which claims to be registered in Saint Vincent and the Grenadines. There is zero evidence that Continue FX is an regulated broker, so it is unsafe to trade with this broker.
| Pros | Cons |
| MT5 provided | Inaccessible website |
| Lack of regulation | |
| No demo accounts | |
| Wide spreads | |
| No MT4 |
ContinueFX is not regulated by the financial services regulatory authority in Saint Vincent and the Grenadines, which means that the company lacks regulation from its registration site.
Continue FX advertises that it can offer a wide range of financial products, including currency pairs, indices, commodities, as well as cryptos.
| Tradable Instruments | Supported |
| Currency pairs | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Cryptos | ✔ |
| Stocks | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
| Mutual Funds | ❌ |
ContinueFX offers 3 types of accounts, including Classic Account, Standard Account, and Premium Account.
The entry level at ContinueFX is set at $100. We consider this to be fine. However, traders are still not advised to register real trading accounts here given the fact that ContinueFX is an unregulated broker.
| Account Type | Min Deposit |
| Classic | $100 |
| Standard | $2,500 |
| Premium | $20,000 |
The maximum leverage at ContinueFX is 1:200, which should satisfy most traders. If you want to utilize even higher levels of gearing, you are probably too aggressive of a trader. This can lead to massive losses, especially if you have little experience in the market.
ContinueFX offers a choice between fixed and variable spreads, according to their website. The costs of trading start from 3 and 2.2 pips respectively. These levels are both not that competitive in todays environment.
The platform provided by ContinueFX is MetaTrader5 (MT5). This is the successor of the most popular industry solution MetaTrader4 and only builds upon its glory. Charting is still on the same top-tier level, with additional functionality, such as having the high-impact economic releases plotted on the chart.
Additionally, there is a new iteration of the MQL marketplace, where traders can obtain custom tools, such as new technical indicators and automated trading systems. That being said, the old ones are not compatible with the new platform.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ❌ | / | Beginners |
| MT5 | ✔ | Web, desktop, mobile | Experienced traders |
ContinueFX accepts payments via Credit Cards, Skrill, Nereller, China Union Pay, and CashU. However, other detailed information, such as the processing time and fees, is not clear.
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