Focus Markets

Darren Ross

1-2年

What are the potential drawbacks of using Focus Markets?

WikiFX 回答

One downside that stands out to me is that the Raw account charges a $3.5 commission per trade, which may not be ideal for traders who are focused on minimizing costs. Additionally, Focus Markets doesn’t offer 24/7 customer support, which could be an issue for me if I need assistance outside regular hours.

Broker Issues

Focus Markets

Regulation

08-14

美國

Thobani Dlalda

1-2年

What trading platforms are available with Focus Markets?

WikiFX 回答

Focus Markets offers both MetaTrader 5 (MT5) and cTrader, which I find suitable for different types of traders. MT5 is excellent for advanced trading strategies and offers a wide range of features, while cTrader is more intuitive and user-friendly. I can trade on both platforms across desktop and mobile devices, which gives me flexibility when managing my trades.

Broker Issues

Focus Markets

Account

Leverage

Instruments

Platform

08-01

美國

Sanjay sirohi

1-2年

What is the minimum deposit required on Focus Markets?

WikiFX 回答

The minimum deposit required for the Standard account is $100, which is relatively affordable for me as a trader starting out. However, for the Raw account, the minimum deposit is $1000, which might be more suitable for experienced traders or those looking to trade larger positions.

Broker Issues

Focus Markets

Withdrawal

Deposit

06-21

美國

gnsrael

1-2年

How secure is it to trade on Focus Markets?

WikiFX 回答

Since Focus Markets is regulated by ASIC, it provides a certain level of security, which I find reassuring as a trader. The platform also holds client funds in segregated accounts at Tier 1 banks, adding an extra layer of protection. However, while ASIC regulation offers good safeguards, I still remain mindful of the risks involved, especially with leverage.

Broker Issues

Focus Markets

Withdrawal

Deposit

06-15

美國