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FxCitizen - Universe Citizen Limited
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FxCitizen

Official Certification
Belize
Foreign Exchange
Shares
15-20 Year
Current Enterprise Rating
1.00
Industry Rating
t

Enterprise Introduction

Full Name Of The Enterprise
Full Name Of The Enterprise
Universe Citizen Limited
Country
Country
Belize
Market Classification
Market Classification
Foreign Exchange
Shares
Enterprise Classification
Enterprise Classification
Dealer
Registration Time
Registration Time
2010
Business Status
Business Status
Active

The Official Website Is Currently Http://fxcitizen.com/unavailable

General Information

FxCitizen Is An Online Forex Broker That Offers A Wide Range Of Financial Instruments, Including Currency Pairs, Stocks, Energy And Precious Metals. Maximum Leverage Up To 1:1000 And A Minimum Deposit Of Only $10, FxCitizen's Metatrader5 Platform Is Suitable For Both Beginners And Experienced Traders. The Company Specializes In Client Server And Offers Multiple Deposit And Withdrawal Options, As Well As A Dedicated Support Team Available 24 Hours A Day, 5 Days A Week.

FxCitizen Is A Market Maker (mm) Broker, Which Means That It Acts As A Counterparty To Its Clients In Trading Operations. That Is, Instead Of Directly Connecting To The Market, FxCitizen Acts As An Intermediary And Is In The Opposite Position To Its Clients. As A Result, It Can Offer Faster Order Execution, Smaller Spreads, And Greater Flexibility In Providing Leverage. However, It Also Means That FxCitizen Has A Certain Conflict Of Interest With Its Clients, As Its Profits Come From The Difference Between The Bid And Ask Prices Of The Asset, Which Can Lead Them To Make Decisions That Are Not Necessarily In The Best Interests Of Their Clients.

Trading Tools

FxCitizen Offers Its Clients A Variety Of Trading Tools, Including Forex Pairs, Stocks, Energy, And Precious Metals. The Metatrader 5 Platform Can Be Used To Trade These Instruments, And The Company Provides Detailed Information On Each Instrument, Including Spreads, Margin, And Trading Hours. This Dimension Offers Traders The Possibility To Diversify Their Portfolios Using Different Instruments. However, The Company Does Not Offer Cryptocurrency Instruments, Nor Does It State Whether All Instruments Are Available For Trading On All Accounts. There Is Also A Lack Of Information On Maximum Position Size Limits In Some Instruments.

Spreads And Commissions

FxCitizen Offers Competitive Spreads On Certain Currency Pairs, Such As Eurusd With A 2 Pip Spread, Which May Be Attractive To Some Traders. However, Spreads On Other Currency Pairs May Be Higher, And The Lack Of Information On Additional Commissions May Result In Hidden Or Unmentioned Fees Appearing On Its Website. Therefore, Traders Should Research And Fully Understand The Costs Associated With Trading FxCitizen Before Opening An Account.

Account Types

FxCitizen Offers Four Account Types: Cent Micro, Standard Mini, Premium Zero, And Premium Ecn. Minimum Deposit Requirements Range From $10 For Cent Micro Accounts To $2,000 For Premium ECN Accounts. Maximum Leverage Also Ranges From 1:1000 For Cent Micro Accounts To 1:200 For Premium Zero And Premium ECN Accounts. Although These Accounts Offer Options For Traders Of Different Levels, FxCitizen Does Not Offer Free Demo Accounts For Traders To Test Their Platform Before Investing In Real Money. In Addition, Spreads May Be Higher For Smaller Accounts, And VIP Accounts With Additional Benefits Are Not Available.

Trading Platform

FxCitizen Only Offers The Metatrader5 Platform, Which Is An Advanced Modern Platform With A Wide Range Of Tools And Features. The Platform Is Compatible With Various Devices And Operating Systems, And Allows The Use Of Expert Advisors (eas) And Trading Robots. However, Some Users May Prefer A Simpler And More User-friendly Platform, While Metatrader5 Customization Can Be Complex And Overwhelming For Some Users, Especially For Beginners. In Addition, FxCitizen Does Not Offer Other Popular Platforms, Such As Metatrader4, Which May Limit Traders' Options.

Maximum Leverage

FxCitizen Offers Different Levels Of Maximum Leverage Depending On The Selected Account Type, Up To 1:1000. This Means That Traders Can Trade With Smaller Funds And Have The Possibility Of Higher Profits, But At The Same Time Increases The Risk Of Large Losses. It Is Important That Traders Have Proper Risk Management And Know How To Use Leverage Responsibly To Trade. In Addition, Leverage Levels Vary From Financial Instrument To Financial Instrument, So It Is Recommended To Read The Terms And Conditions Carefully Before Starting Trading.

Deposits And Withdrawals

As For The Deposit And Withdrawal Dimension, FxCitizen Offers Multiple Payment Methods For Depositing And Withdrawing Funds From Trading Accounts. These Methods Include Bank Transfers, Credit Cards, Cryptocurrencies, And E-wallets, Such As Neteller, Skrill, And Perfect Money. In Addition, The Minimum Deposit Is Only $10, Which Makes It Easier To Access The Platform's Services. However, There Is No Regulation On The Processing Time For Withdrawals, Nor Is There Any Mention Of Commissions For Deposits Or Withdrawals, Which May Cast Doubt On The Costs That Customers Will Face. In Addition, The Lack Of Regulation May Lead To Distrust Of Customers, Making Them More Willing To Look For Safer Alternatives.

FxCitizen Seems To Be Focused On Customer Satisfaction And Continuous Improvement Of Its Services, Emphasizing The Importance Of Customer Feedback. Customer Support Is Provided In English And Bahasa, And A Personal Agent Is Assigned To Each Account. Customers Can Communicate Via Live Chat, Email, Or Facebook. However, The Company Only Provides Customer Support For A Limited Time, Which May Be Inconvenient For Customers Operating In Different Time Zones. In Addition, There Is No Phone Support, And No Information On The Quality Of Support Is Provided. Please Also Note That Support Is Only Available In English And Bahasa, Which May Be A Problem For Customers Who Speak Other Languages.

Customer Support

FxCitizen Seems To Focus On Customer Satisfaction And Continuous Improvement Of Its Services, Emphasizing The Importance Of Customer Feedback. Customer Support Is Provided In English And Bahasa, And A Personal Agent Is Assigned To Each Account. Customers Can Communicate Via Live Chat, Email, Or Facebook. However, The Company Only Provides Customer Support For A Limited Time, Which May Be Inconvenient For Customers Operating In Different Time Zones. In Addition, There Is No Phone Support, And No Information Is Provided On The Quality Of Support. Please Also Note That Support Is Only Available In English And Bahasa, Which May Be A Problem For Customers Who Speak Other Languages.

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Risk Statement
Finance.Wiki reminds you that the data contained in this website may not be real-time or accurate. The data and prices on this website may not be provided by the market or exchange, but may be provided by market makers, so the prices may not be accurate and may differ from the actual market prices. That is, the prices are only indicative prices, reflecting market trends, and are not suitable for trading purposes. Finance.Wiki and the providers of the data contained in this website are not responsible for any losses caused by your trading behavior or reliance on the information contained in this website.
Risk Statement
Finance.Wiki reminds you that the data contained in this website may not be real-time or accurate. The data and prices on this website may not be provided by the market or exchange, but may be provided by market makers, so the prices may not be accurate and may differ from the actual market prices. That is, the prices are only indicative prices, reflecting market trends, and are not suitable for trading purposes. Finance.Wiki and the providers of the data contained in this website are not responsible for any losses caused by your trading behavior or reliance on the information contained in this website.
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