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Global Broker Regulation & Inquiry App

Score

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The WikiFX Score of this broker is reduced because of too many complaints!

Freyr

United Kingdom|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

http://www.freyrfx.com/en

Website

Rating Index

Contact

info@freyrfx.com
http://www.freyrfx.com/en
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

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

VPS Standard
*No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Warning: Low score, please stay away!
2024-12-26
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
2

Basic information

Registered region
United Kingdom
Operating period
2-5 years
Company Name
Freyr Group Limited
Abbreviation
Freyr
Company employee
--
Customer Service Email Address
info@freyrfx.com
Keywords 4
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk
Website
Company Summary
Review

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Official website

Website

  • freyrfx.com

    Server Location

    Hong Kong

    Website Domain Name

    freyrfx.com

    Server IP

    47.243.16.191

Company Summary

General Information & Regulation

Freyr is a derivatives trading platform offering leveraged investment services in indexes, crude oil, precious metals and contracts for difference (CFD) to international investors. The brand “Freyr” is owned and operated by Freyr Group Limited, a company registered in United Kingdom. Freyr Group Limited is not subject to any regulation at this stage. Please be aware of the risks.

Market Instruments

With Freyr, trader can get access to trading assets include forex currency pairs (more than 30 currency pairs), metals, oil and indices. Overall, financial instruments offered by Freyr is pretty average.

Minimum Deposit

In terms of minimum initial deposit, Freyr doesn‘t make this clear. However, traders should keep in mind that regular and legit brokers won’t ask too high account-opening amount, just around $100 to $200.

Leverage

Trading leverage is not mentioned, when it comes to this part. Leverage magnifies the returns from favorable movements in a currency's exchange rate. It is essential that forex traders learn how to manage leverage and employ risk management strategies to mitigate forex losses.

Spreads & Commissions

Freyr doesnt announce its spread and commission conditions on its website. It always seems that unregulated broker like to hide their real trading fees to scam traders.

Trading Platform Available

Freyr offers clients the opportunity to trade on MetaTrader 4, an award-winning trading platform. There is no doubt that MT4 has become the most popular trading platform for currency traders due to its ease of use, with a rich trading environment and automated trading capabilities. Freyr MT4 trading platform is available for Pc and Mobile devices.

Deposit & Withdrawal

There are some payment logos on the Freyr website, including Maestro, Paypal, Union Pay, Visa, JCB. As Freyr doesnt make it clear, we are unsure whether these payment methods can be used to deposit and withdraw funds from their accounts.

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk
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