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Company Details

FORMAX

Formax Prime Capital (UK) Limited are one of the world’s leading providers of Forex trading technologies and services to both private and institutional traders. By utilising our powerful trading platform, traders can gain instant access to our proprietary ‘Straight Through Processing’ (STP) technology, excellent liquidity, dedicated customer services and a broad range of advanced trading tools.

Typical Spread on Majors

EUR/USD 0.2
GBP/USD 0.6
USD/JPY 0.2
* STANDARD account shown.
Headquarters London, United Kingdom
Type of Broker ECN/STP
Founded 2014
Regulated By Regulated By FCA (United Kingdom)
Offices In United Kingdom, Hong Kong, China, Vietnam, Australia, New Zealand, India
Supported Languages English
Website Visit Website
ESMA Regulation ? This broker is regulated within the E.U and may be subject to ESMA's new Forex and CFD trading restrictions. To find out more about these restrictions, please see this article
Account Details
Account Currencies GBP, USD, EUR
Minimum Deposit $1000
Traders from USA No
Clients Funds Segregated Yes
Interest on Margin No
Islamic Accounts Yes
Islamic Account Restrictions Muslim Faith Only
ECN / STP Accounts Offered Yes
Commission on STP or ECN From $4 / Lot round trip (ECN Raw account)
VIP Accounts Offered Yes
VIP Account Requirements $10,000 Minimum Deposit
Mini Accounts Offered Yes
PAMM / MAM Solutions Yes
API Solutions Yes
Mobile Trading Yes
Web Based Trading No
Funding Methods Credit/Debit Cards, Wire Transfer, Skrill, Neteller, China UnionPay
Withdrawal Methods Credit/Debit Cards, Wire Transfer, Skrill, Neteller, China UnionPay
Platform Details
Platforms Offered MetaTrader 4, MetaTrader 4 Mobile, MetaTrader 4 iOS, MetaTrader 4 Android, Zulutrade
NO of Pairs 70
Cryptocurrency Trading No
Pricing Digits 5
Trade off Charts Yes
One-click Execution Yes
Email Alerts Yes
Mobile Alerts Yes
MetaTrader Server Time GMT + 0
Demo Account Expiry Non-Expiring
VPS Offered No
Trading Details
Dealing Desk No
Maximum Leverage 200:1
Minimum Contract Size 0.01
Execution Market Excecution
Hedging Yes
Scalping Yes
Scalping Restrictions No
Option of OCO Yes
Option of FIFO Yes
Liquidity Providers 10+
Negative Balance Protection No
Additonal Instruments
CFD's Yes
Metals Yes
Oil Yes
Indices Yes

FORMAX Reviews

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Broker Bonuses

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