Extreme Forex Review

General Information 

Extreme Forex is a company that provides foreign exchange (Forex) trading services to retail and institutional clients. The company is headquartered in Cyprus and is regulated by the Cyprus Securities and Exchange Commission (CySEC). Extreme Forex offers a variety of trading platforms, including the MetaTrader 4 (MT4) platform, as well as mobile trading apps for Android and iOS devices. The company also offers a variety of account types, including demo accounts, micro accounts, and standard accounts.

Account Types 

Extreme Forex offers a variety of account types, including demo accounts, micro accounts, and standard accounts. Demo accounts are designed for new traders and allow them to practice trading with virtual money before opening a live account. Micro accounts allow traders to trade in smaller increments than standard accounts, making them ideal for beginners with a small amount of capital. Standard accounts are the most popular type of account and allow traders to trade in larger increments with higher leverage.

Ease of Use

The Extreme Forex website is user-friendly and easy to navigate. The company’s trading platforms are also easy to use, with detailed instructions and tutorials available on the website. The company’s customer service is excellent, with 24/7 support available via live chat, email, and telephone.

Fees 

Extreme Forex does not charge any commission on trades. Instead, the company makes money by charging a spread on each trade. The spread is the difference between the buy and sell price of a currency pair. For example, if the EUR/USD currency pair has a bid price of 1.20 and an ask price of 1.21, the spread would be 1 pip (0.0001).

Customer Service 

Extreme Forex’s customer service is excellent, with 24/7 support available via live chat, email, and telephone. The company’s customer service representatives are knowledgeable and helpful.

Trading Platforms 

Extreme Forex offers a variety of trading platforms, including the MetaTrader 4 (MT4) platform, as well as mobile trading apps for Android and iOS devices. The MT4 platform is a popular choice among traders due to its user-friendly interface and advanced features. The mobile trading apps allow traders to access their accounts and place trades on the go.

Customer Support 

Extreme Forex offers customer support 24 hours a day, 5 days a week via live chat, email, or telephone. The company’s customer support team is available to answer questions about account setup, platform usage, trading strategies, and more. Extreme Forex also has an extensive FAQ section on its website that covers topics such as account types, deposit methods, and withdrawal procedures.

Pricing and Costs

Extreme Forex charges a commission on each trade that is based on the volume traded. The company also charges a spread which is the difference between the bid and ask price of a currency pair. Extreme Forex does not charge any hidden fees or commissions.

Features 

Extreme Forex is a good choice for traders who are looking for a reliable and affordable forex broker. The company offers a variety of account types, including demo accounts, micro accounts, and standard accounts. Extreme Forex also offers a variety of trading platforms, including the MetaTrader 4 (MT4) platform, as well as mobile trading apps for Android and iOS devices. The company’s customer support team is available 24 hours a day, 5 days a week to answer questions about account setup, platform usage, trading strategies, and more.

Pros/Cons

Extreme Forex is a company that provides foreign exchange (Forex) trading services to retail and institutional clients. The company is regulated by the Cyprus Securities and Exchange Commission (CySEC) and offers a variety of account types, including demo accounts, micro accounts, and standard accounts. Extreme Forex also offers a variety of trading platforms, including the MetaTrader 4 (MT4) platform, as well as mobile trading apps for Android and iOS devices. The company’s customer support team is available 24 hours a day, 5 days a week to answer questions about account setup, platform usage, trading strategies, and more.