General Information And Regulations

Edealfx, Under The Trade Name Edeal Markets Limited, Is Purportedly An Unregulated Forex And CFD Broker Registered In Saint Vincent And The Grenadines, Claiming To Offer Its Clients A Wide Range Of Tradable Assets On The Industry Standard Metatrader4 Trading Platform With Leverage Up To 1:500, Variable Spreads Starting From 0.5 Pips, And A Choice Of Five Different Real Account Types.

Market Tools

Edealfx Advertises That It Offers CFDs On A Wide Range Of Forex Pairs And Spot Metals, Indices, Oil And Gas, As Well As Cryptocurrencies Such As Bitcoin, Ethereum, Litecoin, Ripple.

Account Types

In Addition To Demo Accounts, There Are Five Real Trading Accounts Run By Edealfx, Namely Ultimate, Premium, Professional, Extreme, As Well As Islamic (no Overnight Interest) Accounts. However, The Broker Says Nothing About The Minimum Initial Deposit Requirement To Open An Account.

Leverage

Traders Holding Different Account Types Can Enjoy Different Maximum Leverage Ratios. Customers With Ultimate, Extreme, And Islamic Accounts Have Leverage Of 1:100, While Advanced Account Members Can Experience Leverage Of 1:300, And Only Professional Account Holders Can Enjoy Maximum Leverage Of 1:500. Inexperienced Traders Are Advised Not To Use Excessive Leverage, As Leverage Can Amplify Gains And Losses.

Spreads

Edealfx Claims That Different Account Types Can Enjoy Completely Different Spreads. Spreads Start From 0.5 Pips On Ultimate Accounts, 1.2 Pips On Premium Accounts, 1.4 Pips On Professional Accounts And 1.8 Pips On Extreme And Islamic Accounts. However, As Tested On Demo Accounts, EUR/USD Fluctuates Between 2.7 Pips And 3.2 Pips.

Trading Platforms Available

The Platform Available For Trading Edealfx Is The Most Trusted And Popular Metatrader4 In The World. Anyway, We Recommend You To Use Mt4 Or Mt5 As Your Trading Platform. Forex Traders Praise Metatrader For Its Stability And Trustworthiness As The Most Popular Forex Trading Platform. Expert Advisors, Algorithmic Trading, Complex Indicators And Strategy Testers Are Some Of The Complex Trading Tools Available On The Platform. There Are Currently Over 10,000 Trading Apps Available On The Metatrader Market For Traders To Use To Improve Performance. By Using The Right Mobile End Points, Including Ios And Android Devices, You Can Trade Anytime, Anywhere Via Mt4 And Mt5.

Deposits And Withdrawals

Edealfx Seems To Accept Deposits And Withdrawals Via Telegraphic Transfer Or Cash.

Customer Support

Edealfx Can Only Be Reached By Email To Customer Support: Support @Edealfx.com. However, The Broker Will Not Disclose Other More Direct Contact Information Provided By Most Brokers, Such As Phone Numbers Or Company Addresses.