ForexBY Spreads, leverage, minimum deposit Revealed

　　General Information & Regulation

　　Forexby is a Belarus financial services provider, offering investors access to securities, OTC forex markets, oil, metals, and futures contracts. Forexby holds a retail forex license authorized by the National Bank of the Republic of Belarus with registration no. УНП192530878.

　　Market Instruments

　　Forexby offers investors access to the most popular currency pairs in the Forex market, stocks, indices, securities, precious metals, and oil.

　　Minimum Deposit

　　To meet the investment needs and trading experience of different investors, Forexby offers four different accounts, namely Standard Accounts (minimum deposit of $500), Pro Accounts (minimum deposit of $1000), Premium Accounts (minimum deposit of $10,000), and Platinum Accounts (minimum deposit of $50,000). The initial depsoit required bu

　　Forexby Leverage

　　Trading leverage varies depending accounts types, ranging from 1:10 to 1:100, allowing traders to have the flexibility to choose according to their risk tolerance.

　　Spreads & Commissions

　　Standard Accounts have spreads starting at 0.9 pips and no commissions. Pro Accounts have spreads starting from 0 pips, and commissions is $9 per lot for Forex trading and 0.02% for CFD trading. Spreads in Premium Accounts start from 0 pips, and Forex trading commission is $7 per lot, and CFD trading commission starts from 0.01%. Spreads in Platinum Accounts start from 0 pips, Forex trading commissions start from $6 per lot and CFDs commissions start from 0.008%.

　　Trading Platforms

　　Forexby offers traders two trading platforms, the xCritical trading platform and the market-leading MT4 trading platform. xCritical offers online quotes, one-click trading, and automated market analysis. Traders have access to over 200 financial instruments in total. MT4 features advanced charting performance and accuracy and sets stops and profits directly on the charts. xCritical supports any smartphone and tablet for iOS and Android. MT4 is the ideal trading platform for the forex trading industry, enabling traders of all levels to develop the right trading strategies to help them get ahead of the financial markets.

　　Deposit and Withdrawal

　　Traders can fund their investment accounts via VISA, MasterCard credit/debit cards, international bank transfers and cash replenishment at the cashier's office of Belarusian bank.