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Forex Trading Edge Forex Broker Review

by forex on June 9, 2009

About Forex Trading Edge Forex Broker

forex-trading-edgeForex Trading Edge Forex Broker started their online operations in 2007. They are based in the USA, and are associated with Forex.com, which is under GAIN Capital Group, one of the most dominant and experienced online forex brokers in the industry. Although Forex Trading Edge Forex Broker is not regulated by any financial body, their mother company is a registered Futures Commission Merchant (member #0339826).

Forex Trading Edge Forex Broker seems to have issues regarding customer service, as there are a lot of negative reviews on how the clients were treated. As always, clients do not like the idea of third parties having access to their account, which is very understandable.

Basic Broker Details

Site http://www.forexte.com/
Country of Origin USA
Accepted Deposit Modes Bank transfer, any major credit or debit card, paper checks
Withdrawal Method Bank transfer, any major credit or debit card, paper checks
Leverage 1:200 max
Regulation Body None (associated with Forex.com)
Spread 2 pips (EUR or USD)
Minimum Account Requirement $250

Pros of Forex Trading Edge Forex Broker

* MetaTrader 4 Forex Support

Cons of Forex Trading Edge Forex Broker

* Reported bad customer service

* Citizens from the following countries cannot open an account: Afghanistan, Burma (Myanmar), Cote d’Ivoire (Ivory Coast), Cuba, Democratic Republic of Congo, Former Liberian Regime of Charles Taylor, Iran, Iraq, Libya, North Korea, Sudan, Syria, Unita (Angola) and Zimbabwe

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