FSRCGX Information
FSRCGXis a forex and CFD broker registered in United States. It provides more than 250 CFD trading for commodities, forex and Indices, and competitive trading fees. This makes it attractive to new traders. However, a major disadvantage is the regulation status of FSRCGX is “Exceeded”, which could put your investment at risk.
Pros and Cons
Is FSRCGX Legit？
FSRCGX is regulated by NFA with license number 16252409, but the current status is “Exceeded”.
What Can I Trade on FSRCGX？
FSRCGX offers access to over 250 CFD trading for commodities, forex and Indices.
Account Type
FSRCGX provides two account types for users to choose from, and provides demo accounts.The Standard account executes fast and has no commission; and the transaction enviroment of the ECN account is safe, the spread is as low as 0, and the commission is low.
FSRCGX Fees
The trading fees of FSRCGX are lower than the industry standard.
Trading Fees
The standard account is commission-free, and the minimum spread starts from 1 pip; while the ECN account charges a commission of $6 per round trade, and the minimum spread starts from 0 pip.
Trading Platform
Deposit and Withdrawal
The minimum deposit to start trading with FSRCGX is $200.Deposit Options
Withdrawal Options
Customer Service
FSRCGX offers limited customer service options. They have a phone number and email address for contact, but lack features like a live chat option, online support ticket system, or social media presence. This may be a drawback for those who prefer real-time customer support.
The Bottom Line
The FSRCGX platform is easy to use and suitable for beginners. However, its regulatory status has expired, and traders with high risk tolerance can consider it, but it is better not to invest a large amount of money.
FAQs
Is FSRCGX a safe broker to use？
Although FSRCGX is regulated by NFA, there are still risks of trading with it because the regulatory status has expired.
Is FSRCGX good for beginners？
FSRCGX' platform is easy to use and the trading fees is low, which is suitable for beginners.
Who is FSRCGX best suited for？
If you prioritize affordability over strict regulatory oversight, FSRCGX could be an option.
