Briefly about the company
CentroFX (formerly the Trade1000 broker) is a company that provides an opportunity to enter the international Forex market for online trading to all those interested in trading since 2014. CentroFX is a trademark of the investment company R Capital Solutions Ltd., registered under number HE329922. Regulated by the Cyprus Securities and Exchange Commission (CySec), license no. 246/14.
In its activities, the company complies with the requirements of the EU and the European Markets in Financial Instruments Directive (MiFID), as well as the law on investment services of Cyprus, activities and regulated markets. The company is registered with such reputable organizations as BaFin, FCA, Consob, KNF, CNB.
Entering the Forex market is open through the MetaTrader5 trading terminal and its mobile versions for iPhone, iPad, Blackberry, Android, Windows Mobile. In addition, it is possible to trade without installing a terminal, thanks to the MT5 web platform.
In the process of trading, the broker’s clients have access to the following trading instruments: currency pairs (38), commodities (12), including precious metals, indices (9) and CFDs on shares of world companies (85).
Forex trading is available on a single account – CENTROFX MT5 with the following trading conditions:
- Account currency: USD, EUR, GBP, JPY, CHF
- Minimum deposit: $ 100
- Minimum lot: 0.01
- Leverage: from 1: 1 to 1: 400
- Spread: fixed, from 1.6 pips
Clients wishing to gain additional knowledge about working in the Forex market can use the Education section on the company’s website, where training materials are presented, including articles on the most relevant topics for a trader.
CentroFX offers its clients a Cashback bonus. A service that allows you to receive additional income if you make a large turnover.
Account replenishment / withdrawal of funds from the account
It is worth noting that CentroFX is a member of the Investor Compensation Fund (ICF), which further protects its clients’ funds. The amount of compensation per client, in accordance with the established norms, cannot exceed 20,000 euros, which is an advantage for the company.
As for the safety of funds, it should be noted that all the company’s accounts are segregated – the client’s funds in the client’s bank account are completely separated from the company’s bank accounts. Thus, the company is unable to use the clients’ personal funds for their own needs, which confirms the complete safety of the client’s financial assets.
It is possible to make a deposit to the account, as well as withdraw funds by bank transfer, Visa / MasterCard, electronic payment systems Skrill, Neteller, QIWI Wallet, Yandex.Money, FasaPay and WebMoney.
The broker is regulated by the following regulators: