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Phoenix Limited is a forex broker licensed by Seychelles’s Financial Services Authority (FSA). It offers a WebTrader platform, which traders can access from their mobile, desktop and tablets. There are various account types customised to meet the traders’ needs. Phoenix Limited is a regulated broker and offers fair treatment for investors and traders. Customer support is a priority at Pheonix Limited and it maintains a secure trading environment. Withdrawals can be processed using the same method as the initial deposit, and additional funds are transferred via wire transfer if the withdrawal exceeds the initial deposit. You can make deposits with all major currencies like USD or EUR through credit cards, and wire transfers, with a minimum deposit of $250. It offers trading instruments such as indices, shares (stocks), cryptocurrencies, commodities, and forex, with leverage ranging from 1:200 to 1:400. If you have a dormant account, Phoenix Ltd charges an inactivity fee. While the broker’s WebTrader platform offers easy access to the market and has strong trading conditions, they could improve their educational resources.
Phoenix Limited is licensed with licence number SD113 by Seychelles’s Financial Services Authority (FSA). The registration number for Phoenix LTD is 8430083-1.
The trading platforms of Phoenix’s WebTrader offer unbounded resources for traders via desktop, mobile, or tablet.
PhoenixLtd’s account kinds are customer-focused, and the five available ones can help traders with their trading requirements.
Phoenix Ltd is less likely to be a fraud as it is governed by the Financial Service Authority of Seychelles. Phoenix demonstrates its commitment to ethical business practices and implements protections that ensure fair treatment for investors by operating in a regulated environment.
They assert that their customer care department offers excellent support, assuring the best level of assistance and being accessible to traders around the clock.
Phoenix showcase its unshakable dedication to upholding a secure and dependable trading environment by strictly adhering to rules and putting safeguards in place to protect customer assets.
| Account Type | Classic | Silver | Gold | Platinum | VIP |
| Leverage | 1:400 | 1:400 | 1:400 | 1:400 | 1:400 |
| Instruments | All assets | All assets | All assets | All assets | All assets |
| Spreads | 2.5 | 2.5 | 1.8 | 1.4 | 0.9 |
| Swap Discount | – | Available | Available | Available | Available |
| Margin Call | 100% | 100% | 100% | 100% | 100% |
It is important to remember that the method used to make the original deposit must also be used at the time of withdrawal. Traders who make deposits using alternative payment methods (APMs) must also utilise APMs to withdraw funds.
The additional funds will be transferred to traders by wire if they withdraw more than they initially deposited.
If traders made a deposit using a credit card and then requested a withdrawal, the initial amount and the additional funds would be transferred to the credit card through a wire transfer.
PhoenixLtd accepts deposits from investors in USD, EUR, and JPY. Credit cards, APMs, and wire transfers are just a few payment methods the broker accepts. However, they must deposit a minimum of $250 with Phoenix Ltd.
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Adidas, Amazon, and Apple are just a few of the well-known stocks that PhoenixLtd offers traders to invest in.
Due to their excellent financial performance, these shares with significant liquidity and market interest boost the chances of profit for the traders. In addition, respective leading positions within respective areas and cutting-edge services are achievements.
Trading cryptocurrencies have been incorporated into Phoenix Ltd’s services. Customers can benefit from cutting-edge trading tools and affordable pricing with various cryptocurrencies like Bitcoin, Ethereum, and Ripple.The broker is committed to giving customers access to cutting-edge trading opportunities.
With a minimum trade size of 0.01 and a maximum deal size of 50, at least 20 commodities are accessible for trading on Phoenix Ltd.
Phoenix deals in various commodities, including cotton, soybeans, cocoa, coffee, and crude oil.
Phoenix allows traders to transact in more than 50 exotic currency pairs, with a minimum of 200 and a maximum of 400 leverage. Therefore, having lesser spreads is desirable when trading on foreign marketplaces.
| Account Types | Spreads |
| Classic | 2.5 |
| Silver | 2.5 |
| Gold | 1.8 |
| Platinum | 1.4 |
| VIP | 0.9 |
| Inactivity Period | Inactivity Fee |
| 0 to 1 month | 0 |
| 1 to 2 months | 80 USD/EUR |
| 2 to 6 months | 120 USD/EUR |
| After 6 months | 200 USD/EUR |
| Method | Applicable Fees |
|
3.5% |
| Wire Transfers | 30 USD/EUR |
| E-wallets | 3.5%- 2% |
A WebTrader platform online allows forex traders to open and close deals without downloading any software.
Through a web browser, traders may easily keep track of all positions that have been executed in the past and present, place stop-loss and take-profit orders, and keep an eye on bid-ask spreads.
With this streamlined approach, traders can conveniently monitor their forex activity and have direct browser access to essential trading tools. In addition, it has the following characteristics:
There is a requirement of additional knowledge based material on PhoenixLtd’s website to use as a teaching tool. Traders are recommended to select brokers that offer a wide range of tools, including chart analysis, daily news updates, video courses, and in-depth explanations of forex trading concerns to enhance their knowledge of forex and trading for that matter.
To improve trading experiences for both novice and experienced traders, brokers like XPro Markets and Elland Road Capital come for the rescue as they provide a variety of teaching and research materials.
PhoenixLtd is governed by the Financial Service Authority of Seychelles, a secured platform to trade on and invest your money.
Trader’s trading psychology and wallet size inspires the broker to offer five various types of accounts for them to trade on.
Brokers provide strong liquidity, 400x leverage, and tight spreads. PhoenixLtd requires a minimum deposit of $250 to start an account.
However, it is important for PhoenixLtd to work on the areas of research and education.
Yes, Phoenix Ltd is regulated by Seychelles’s Financial Services Authority (FSA). The FSA ensures that Phoenix operates in compliance with regulations
The minimum deposit to open an account with Phoenix Ltd is $250. This allows traders to start trading with the platform and access the available trading instruments.
Phoenix Ltd accepts deposits in USD, EUR, and JPY. In addition, the platform offers various deposit methods, including credit cards, alternative payment methods (APMs), and wire transfers.
To withdraw funds from your Phoenix Ltd account, you must use the same method you used for the initial deposit. For example, if you deposited funds using a credit card, the withdrawal will be processed through a wire transfer to the same credit card.
Phoenix Ltd offers a range of trading instruments, including indices, shares (stocks), cryptocurrencies, commodities, and forex. In addition, traders can explore CFD trading opportunities in these markets.
Phoenix Ltd provides five account types: Classic, Silver, Gold, Platinum, and VIP. Each account type offers different features, such as variable spreads, leverage, and additional benefits based on the trader’s needs and preferences.
You can reach Phoenix Ltd’s customer support through multiple channels. They can be contacted via phone at +2484671919, through live chat on their website, or by emailing [email protected]. The customer care department aims to provide excellent support and assistance to traders around the clock.
Our mission is to assist millions of traders in finding the best broker. We unbiasedly review every broker and rank them based on their market standing, regulation, and other factors. Reviews are updated regularly to ensure that every trader has the most up-to-date information before making a choice.
Phoenix is a trustworthy broker, with fast execution and utmost safety of trader’s funds. I would highly recommend the broker to both novice and experienced traders equally.
Phoenix is an affordable trading platform with wide leverage and floating spreads according to trader’s needs and wants.
They also have well-informed educational and research resources to learn from.
Excellent market analysis, up-to the mark tools and a supportive, reliable customer support team for timely delivery of the service.
Less information about the trader before trading, but satisfactory inputs after I started trading with them. They have low spreads and charge no commission.
Phoenix provides high quality service, various accounts offered according to the pocket size of the trader and is securely regulated by the Financial Service Authority of Seychelles.
Phoenix is a trustworthy broker, with fast execution and utmost safety of trader’s funds. I would highly recommend the broker to both novice and experienced traders equally.
Excellent market analysis, up-to the mark tools and a supportive, reliable customer support team for timely delivery of the service.
Less information about the trader before trading, but satisfactory inputs after I started trading with them. They have low spreads and charge no commission.
Phoenix provides high quality service, various accounts offered according to the pocket size of the trader and is securely regulated by the Financial Service Authority of Seychelles.
Phoenix is an affordable trading platform with wide leverage and floating spreads according to trader’s needs and wants.
They also have well-informed educational and research resources to learn from.
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