Fair Forex Journal (Broker out of business)

Journal status: closed
Fair Forex out of business
Fair Forex Profile
Website
fairforex.com
Year
2021
Country
SVG
Branches
5
Regulation
not regulated
Registration
VFSC Vanuatu, FSA SVG
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Afghanistan, Bolivia, Cambodia, Congo, Cuba, Iran, Japan, Lebanon, Libya, Malta, Myanmar, North Korea, Palestine, SVG, Somalia, Sudan, Syria, Yemen, Zimbabwe
Broker type
DMA, ECN
Dealing book
A-book
Tier
3
Execution speed
50 ms
LPs total
3
LPs quality
Tier-1 Banks, Other
LPs names
Bank of America, HSBC, Saxo Bank

Fair Forex Accounts
DMA
ECN
Minimum Deposit
50 $
10000 $
Leverage
500 : 1
500 : 1
Minimum Lot
0.01 lots
0.1 lots
EURUSD spread
0 pips
0 pips
Commission
6 $/lotRT
5 $/lotRT
Volume
500 lots
1000 lots
Margin Call
100 %
100 %
Stop Out
70 %
70 %
Execution
Market
Market
Spread
floating
floating
Scalping
Unlimited
Unlimited
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, PayPal, Bitcoin, Zelle, Cash App
Base currency
USD
Segregated accounts
yes
Interest on margin
no
Inactivity fee
none
Update broker

Is Fair Forex safe?

  • Investor protection: no
  • Regulation: not regulated
  • Registration: VFSC Vanuatu, FSA SVG
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: no

Is Fair Forex trusted?

  • Information transparency: high ★★★★★
  • Customer service: prompt, helpful ★★★★★
  • Fair Forex website: highly detailed, updated ★★★★★
  • Fair Forex popularity (by visitor count): low visits ★★

How Fair Forex works



Our execution method is strictly only ever True ECN; which means that the more profitable you become, the more we succeed.


Experience a true ECN broker that works for you, not against you. Here’s what you’ll get trading with us: Lightning-fast execution of under 50ms Access to a deep and diverse liquidity pool No requotes Confidential trading No manipulation and no restrictions


All our accounts use the ECN trading model guaranteeing confidential trading, lightning-fast executions under 50ms and access to a deep and diverse liquidity pool, including banking institutions as well as high frequency traders and hedge funds.


What type of broker are you?
Fair Forex are a True ECN broker so you can be assured of 100% confidential trading with no manipulation or restrictions and our execution type is strictly only ‘A Book’. With our True ECN liquidity, you are guaranteed lightening fast execution of under 50ms and a deep and diverse liquidity pool, including banking institutions as well as high frequency traders and hedge funds.

We are TRUE ECN and guarantee that we will NEVER work against our clients.


Our ECN includes huge banks such as Bank Of America, Saxo bank, HSBC etc as well as hedge funds and other major brokers, this means we have deep liquidity, best price and is why we can offer such low spreads.


Do you allow hedging, scalping and news trading?
Yes there are no restrictions on trading at all.


4.8 CROSS TRADE CONSENT.
Customer hereby acknowledges and agrees that Fair Forex may act as the counterparty to Customer for any trade entered for the undersigned’s Account.

Fair Forex cannot and does not guarantee its prices in times of extraordinary market volatility.

Customer acknowledges and agrees that Accounts are segregated in the Fair Forex’s books and records only, and Customer’s funds are not FDIC-insured and are deposited with a liquidity provider selected by Fair Forex in its sole discretion.

Customer also grants Fair Forex the right to use the above described properties and any Account credit to offset against any of Customer’s obligations to Fair Forex including, but not limited to, transfers for the purpose of margining, or for application to negative balance Accounts not promptly paid, as well as delivery costs and charges.


A Bank or Broker through whom the Company deals with could have interests contrary to the Customer’s Interests.



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