ThorFX Is Purportedly A New Zealand-registered, Broker That Claims To Offer Its Clients Over 145 Assets On Mt4 For Mac, Windows, Ios, Android And Web Traders, As Well As Mt5 Trading, With Leverage Up To 1:500, Floating Spreads From 0.1 Pip To The Platform, And A Choice Of Four Different Real Account Types And 24/7 Customer Support Services.

According To An Email Notification Sent On 24 May 2024, ThorFX Will Cease Operations And Terminate Its Business. In This Regard, You Are Kindly Requested To Log In Immediately And Withdraw Any Remaining Funds Before 2024. ThorFX Hereby Disclaims Any Liability For Any Loss Or Other Damage That You May Incur For Your Failure To Comply With The Requirements And Deadlines Outlined In This Notice.

As For Regulation, It Has Been Verified That ThorFX Is Not Subject To Any Regulations In Force. That Is Why Its Regulatory Status On Wikifx Is Listed As "unlicensed" And Receives A Relatively Low Score Of 1.28/10. Please Be Aware Of The Risks.

Market Instruments

ThorFX Advertises That It Offers Over 145 Assets For Trading, Including Cryptocurrencies, Commodities (metals/energy), Foreign Exchange Pairs, Indices And Stocks.

Account Types

In Addition To Demo Accounts, ThorFX Claims To Offer Four Types Of Trading Accounts - Standard, Professional, Variable, And Mini, With Minimum Initial Deposit Requirements Of $50, $500, $250, And $25, Respectively.

Leverage

The Leverage ThorFX Offers Is Capped At 1:500. It Is Important To Remember That The Greater The Leverage, The Greater The Risk Of Losing Your Deposit. The Use Of Leverage Can Work Both In Your Favor And Against You.

Spreads & Commissions

ThorFX Claims To Offer Raw Spreads From 0.1 Pips. As For Commissions, Clients Of Different Account Types Will Be Charged Different Commissions. For Example, Commissions For Standard, Professional, Variable And Mini Accounts Are $7 Per Lot, $8 Per Lot, Free And $1 Per Lot Respectively.

Trading Platform Available

The Platform Available For Trading ThorFX Is Mt4 For Mac, Windows, Ios, Android And Web Traders, As Well As Mt5. 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 Sophisticated 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

ThorFX Says It Accepts Deposits And Withdrawals Via Credit/debit Cards And Cryptocurrencies. It Is Said That The Minimum Initial Deposit Requirement Is Only $10, But There Is No Mention Of What The Minimum Withdrawal Amount Is.

Bonus

ThorFX Claims To Offer Up To 20% Deposit Bonus. In Any Case, If You Receive A Bonus, You Should Be Very Cautious. First Of All, The Bonus Is Not Customer Money, But Company Money, And Meeting The Onerous Requirements That Are Usually Attached To The Bonus Can Be A Very Daunting And Daunting Task. Keep In Mind That Regulated And Legitimate Brokers Do Not Offer Bonuses To Their Clients.

Customer Support

ThorFX Can Be Reached Via Live Chat Or By Requesting A Call Back. You Can Follow The Broker On Social Networks Like Telegram, Twitter, Facebook And Instagram. However, The Broker Will Not Disclose Other More Direct Contact Information Provided By Most Brokers, Such As Phone Numbers Or Company Addresses.