discountFX

Operational Since:

2019

Country where domiciled:

Cyprus

International offices:

Cyprus, Germany

Regulation:

YES - CySEC (discountFX is a brand of GBE Brokers Ltd, regulated by the Cyprus Securities and Exchange Commission (CySEC) with CIF license number 240/14.)

Broker Status:

Independent broker -

Broker Type:

Market Maker+STP

US Clients Accepted:

Average Monthly Volume In USD:

Source To Prove Volume:

BROKER WEBSITE

Accounts

Mini Account:	YES	Minimum Deposit ($US):	$500
Standard Account:	YES	Minimum Deposit ($US):	$500
ECN Account:	YES	Minimum Deposit ($US):	$500
VIP Account:	NO	Minimum Deposit ($US):	-
N/A:	YES	Minimum Deposit ($US):	N/A
N/A:	YES	Minimum Deposit ($US):	N/A
N/A:	YES	Minimum Deposit ($US):	N/A
Base account Currencies offered:	USD, EUR

Leverage

Maximum Leverage for Mini Account:	30/1
Maximum Leverage for a Standard account:	30/1
Maximum Leverage for an ECN account:	30/1
Maximum Leverage for a VIP account:	-
Maximum Leverage for N/A:	N/A
Maximum Leverage for N/A:	N/A
Maximum Leverage for N/A:	N/A

Lot Size

Minimal lot size for a Mini account:	0.01	Increments:	-
Minimal lot size for a Standard account:	0.01	Increments:	-
Minimal lot size for an ECN account:	0.01	Increments:	-
Minimal lot size for a VIP account:	-	Increments:	-
Minimal lot size for N/A:	N/A	Increments:	N/A
Minimal lot size for N/A:	N/A	Increments:	N/A
Minimal lot size for N/A:	N/A	Increments:	N/A

Payment Options

Deposit Options:	Bank Wire, Credit Card, Skrill, Neteller
Withdrawal Options:	Bank Wire, Credit Card, Skrill, Neteller

Products

Products for Mini Account:	FX, Metals, CFDs, Stocks and Futures
Products for Standard Account:	FX, Metals, CFDs, Stocks and Futures
Products For ECN Account:	FX, Metals, CFDs, Stocks and Futures
Products For VIP Account:	---
Products for N/A:	---
Products for N/A:	---
Products for N/A:	---

Spread & Commission

Commission:	YES	Account:	On all accounts
Commission Fees:	1.99 USD per Lot
Spread type (Fixed,Variable):	Variable	Accounts:	All Accounts
Spread on EURUSD on a Mini account:	0.2 Minimum
Spread on EURUSD on Standard account:	0.2 Minimum
Spread on EURUSD on ECN account:	0.2 Minimum
Spread on EURUSD on VIP account:	-
Spread on EURUSD on N/A:	N/A
Spread on EURUSD on N/A:	N/A
Spread on EURUSD on N/A:	N/A

VIP Benefits

Premium Trading Conditions For VIP Clients Both Retail And Institutional:	NO
Premium Trading Conditions Offered:	-
Briefly describe main Advantages:	-

Trading Terms

News Trading:	YES
Mirror/Social Trading:	NO	Mirror Trading Providers:	-
Scalping:	YES
Hedging:	YES
Expert Advisors:	YES
Trading platforms available:	MetaTrader 4 (MT4)
Trading platform's Time zone:	GMT+3
Decimal Pricing:	5 Digits
Execution:	Both - Market and Instant execution	Accounts:	-
Total Number Of Liquidity Providers:	Not disclosed
ECN/STP Liquidity Provider:	-
ECN/STP Working With:	-
Trailing Stops:	YES
OCO Orders:	NO
One-Click Execution:	YES
Mobile Trading:	YES
Web-Based Trading:	NO
API Solutions:	YES
Currency Pairs Total:	240	Exotic Pairs Included:	YES
Gold, Silver:	Both
Oil:	YES
CFD’s:	YES
MAM/ PAMM solutions For Fund Managers:	NO
Managed Account Services For Investors:	NO
Swap-Free Accounts:	NO
- Available To Anyone:	---
- Islamic Clients:	---
- Restrictions Applied:	---
Segregated Accounts:	YES
Interest On Unused Margin:	NO
Bonuses Or Rewards:	NO
Trading Contests:	NO
Binary Options:	NO
Spread Betting:	NO
Trading On Bitcoin:	NO
Affiliate Program:	NO
Affiliate Programs Offered:	No Affiliate program offered
Conditions For Affiliates:	-
Awards won:	-

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