WikiFX

Sagot

In my experience reviewing brokers, account structure is often one of the first aspects I scrutinize, as it directly impacts both cost and accessibility. At Forex Limited, there are several account types differentiated primarily by minimum deposit, spread, leverage, and commission structure. The entry point for minimum deposits starts at $100, with a maximum leverage up to 1:200 and spreads from 1.57 pips, which I find on the higher side for basic accounts compared to standards in the industry. As you progress to higher-tier accounts, the minimum deposits increase significantly—to $1,000, $5,000, and even $10,000—offering lower spreads (as tight as 0.17 pips on the highest tier), and in some cases, introducing commissions. What stands out for me is that despite lower spreads in higher deposit accounts, the associated capital requirement is quite steep, particularly for independent traders or those new to the market. The lowest account level comes with wider spreads and no commission, which may appeal to some beginners, but again, the lack of transparent details on withdrawal methods, product range, and extra costs is concerning. I also noticed there is a lack of comprehensive information about features relevant to strategy development (for example, about EAs, swap rates, or additional tools). Overall, while Forex Limited technically offers a spectrum of account choices, the trade-offs between cost and access, along with transparency gaps and high minimums for more favorable trading conditions, make me proceed with caution. For me, clarity and confidence in account conditions is fundamental before committing any capital.