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Global Broker Regulation & Inquiry App

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Forex City

Iraq|2-5 years|
High potential risk|

https://www.forexcitypro.com/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

6
Server Name
ForexCity-Live MT5
Server Location France

Contact

+964 7504508584
info@forexcitypro.com
https://www.forexcitypro.com/
Duhok-Chira Street, Iraq

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away!
Previous Detection : 2024-11-03
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Forex City · WikiFX Survey

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Forex City · Company Summary

Forex City Review Summary in 11 Points
Company nameForex City
Founded Not mentioned
Registered country/regionIraq
RegulationUnregulated
Trading PlatformsMT5
Market InstrumentsForex, Currency pair, Commodities, Indices, Cryptocurrencies
Demo AccountAvailable
Minimum DepositForex from 1.5 pips
Maximum Leverage1:400
SpreadAs low as 0.6
Customer SupportEmail:info@forexcitypro.com
Phone:+964 7505008583
24/5 Live chat
Instagram:https://instagram.com/forexcitypro?igshid=e26sw7chqzns

Forex City Information

Forex City is a Forex broker company registered in Iraq. The company provides a variety of trading instruments including Forex, Commodities, Indices and Cryptocurrencies to suit a wide range of trading preferences and strategies.

Forex City Information

Pros and Cons

ProsCons
One of the Best Forex brokers in IraqServices are available in restricted areas
Offer leverage ranging from 1:100 to 1:400
Provide a wide range of trading instruments
Low Commission as $12 per 1 Standard Lot

Is Forex City Legit?

You need to note that according to wikifxs investigation, Forex City is currently not regulated by any recognized financial authorities.

What Can I Trade on Forex City?

After opening an account with Forex City, you can trade several products including stocks, futures contracts, commodities such as Forex, Commodities, Indices and Cryptocurrencies, etc.

Tradable Instruments Supported
Forex
Commodities
Indices
Cryptocurrencies
Currency pair

Account Type

Regarding the description of the account, there is no mention on the Forex City website.

Forex City Fees

Forex City charges spreads on all trades. Forex City charges trading commissions, which can be as low as $12 per standard lot, although there are no overnight fees.

Forex City Fees

Trading Platform

This Forex City trading platform uses MT5. MT5 offers all the advanced features offered by MT4 and adds 1000 stock (share) CFDs, making it the ideal multi-asset platform. Trade Forex, Stocks, Gold, Oil and Stock Indices from 1 platform with no rejections, no requotes and flexible leverage from 1:1 to 888:1.

Trading PlatformSupportedAvailable Devices Suitable for
MT5PCAnyone

Deposit And Withdrawal

Forex City offers a variety of deposit and withdrawal methods to meet customer needs. Here is a summary of the available methods, associated fees and minimum transaction amounts:

Deposit Options

Deposit Options Min. DepositFees Processing Time
Credit/Debit CardsNo requirement2% deposit feeInstant
Bank Wire TransferNo requirementNo handling feeInstant
SkrillNo requirementNo handling feeInstant
NetellerNo requirementNo handling feeInstant

Withdrawal Options

Withdrawal Options Min. Withdrawal Fees Processing Time
Credit/Debit Cards$2503% deposit feeInstant
Bank Wire Transfer$250No handling feeInstant
Skrill$250No handling feeInstant
Neteller$250No handling feeInstant

Broker Information

Company Name

Forex City Financial Consulting Limited

Abbreviation

Forex City

Regulatory Status

No Regulation

Platform registered country and region

Iraq

Phone of the company
  • +964 7504508584

Twitter

--

Facebook
Instagram
YouTube

--

Company address
  • Duhok-Chira Street, Iraq

Linkedin
WhatsApp

--

QQ

--

WeChat

--

Customer Service Email Address
  • info@forexcitypro.com

Company Summary

Review

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