|Journal status: |
- Full listing profile: Forex.ee broker profile
Is Forex.ee safe?
- Investor protection: no
- Regulation: not regulated
- Registration: FSA SVG
- Publicly traded: no
- Segregated account: no
- Guaranteed Stop Loss: yes
- Negative Balance Protection: no
Is Forex.ee trusted?
- Information transparency: sufficient
- Customer service: prompt, helpful
- Forex.ee website: highly detailed, updated
- Forex.ee popularity (by visitor count): low visits
How Forex.ee works
- MetaTrader 4 ECN
- Deep liquidity
- Level2 Market depth
https://www.forexee.com/en/ - No trading restrictions (including scalping, hedging, EAs and HFT)
2.2.The Company executes trading orders of the Customers at the ECN/STP trading system by a technology that automatically matches buy and sell orders of incoming prices generated by all counterparties including Customers and Liquidity Providers, i.e. all Customers participate in the ECN/STP trading system as price-takers as well as price-givers.
2.5.The Company relies on its liquidity providers for the pricing which agregated and displayed via the online trading facility. 2.6.Trading operations are conducted in pursuance of "Market Execution". Execution occurs immediately at the available liquidity and market execution prices can differ from the currently displayed quote.
3.AUTHORIZATION TO TRADE
The Company is authorised to provide services in respect of FX Contracts for the Customer with a counterparty bank or financial institution, or any other person as the Company deems appropriate.
The execution of the Customer’s trading order by the Company is based on the conditions provided by a number of Counterparties involved which may apply different trading conditions, e.g. prices, commissions, overnights, leverages etc.
16. CHARGES, REMUNERATION AND COMMISSIONS
The Customer shall pay any such charges (including, without limitation, markups and markdowns..
“Liquidity Provider” – external counterparties including but not limited to banks, financial institutions, brokers, agents, clearing houses, exchanges, etc., the Company’s customers, the Cumpany and/or the Company’s affiliated legal entities.
The Customer acknowledges that market regulations and/or a significant imbalance of supply and demand, or a lack of liquidity may result in the temporary inability to buy or sell orders. This may result in the Customer holding positions for longer than desire or having to liquidate due to insufficient margin, which may result in losses up to or in excess of deposits.
All trades are processed directly to the market by means of ECN/STP technology without any interventions from the broker’s side.