Castle Rock FX -Overview of Minimum Deposit, Leverage, Spreads

　　General Information

　　Launched in 2020, Castle Rock FX is a STP forex broker registered in the Saint Vincent and the Grenadines, offering its clients access to the worlds most trading platform-MT4, a wide range of trading instruments, leverage up to 1:500.

　　Market Instruments

　　An extensive range of trading assets including currency pairs, cryptocurrencies, precious metals (Gold, Silver, Platinum), energy (Brent, WTI, NATGAS) and other financial derivatives are all available through the brokerage platform. Besides, the contract is priced in the USD currency, and the corresponding USD is used as the margin.

　　Account Types

　　Trading accounts from Castle Rock FX are available for both retail and professional traders. Three tiered accounts including Standard, Pro, and Raw Spreads. The Standrad account is designed for all types of clients, especially retail traders, with its initial deposit requirement from $5. Pro and Raw accounts are ideal for professional traders, with minimum deposit requirement for the first time from $2,000 and $5,000, respectively.

　　Leverage

　　Trading accounts decide your maximum trading leverage. With the Standard account, the maximum leverage you can use is up to 1:1000, a generous offering, idea for scalpers and experienced traders. Other two accounts offer leverage up to 1:500. In addition to this, the leverage level is also dependent on the instrument that is being traded.

　　Spreads & Commissions

　　Spreads and commission are determined by trading accounts, which indicates that the more money you have in your trading account, the less the fees you will be charged for trading. Castle Rock FX offers variable spreads. With Standard accounts, you are offered spreads from 1 pip, with the commission of $5 on forex trading. The Pro account offers spreads from 0.5 pips with commission of $4.5 on forex. The Raw account incurs commission fees of up to $3.5, with spreads as low as 0.0 pips.

　　Trading Platform Available

　　Castle Rock FX give its clients the choice of the worlds most popular trading platforms-MetaTrader 4 & MetaTrader 5 which can be accessed on any device, as well as FIX API. MetaTrader 4 &5 features multiple technical indicators, powerful charting tools, enabling traders to operate trading bots such as EA, study financial markets.

　　Social Trading

　　Castle Rock FX also give its clients access to social trading: PAMM and CR-Copy. The PAMM programme offered by Castle Rock FX is a type of investment vehicle that gives individuals of all experience levels the chance to invest without requiring them to trade in the markets. CR-Copy is a strong instrument that enables traders to band together and cooperate as partners in an effort to gain market dominance.

　　Deposit & Withdrawal

　　Concerning deposit and withdrawal, Castle Rock FX gives its clients a few payment options to make a deposit and withdrawal. For deposit, traders can fund their account through Wire Transfer, PatRetailers, BitCoin, and Tether. It varies depending on different payment options concerning minimum deposit & withdrawal amount, processing time, service fees. Details are listed on the following screenshot:

　　Customer Support

　　A broker's ability to provide excellent customer service cannot be understated. As for the contact information, clients have quick access to multilingual customer care via live chat. In addition to a web form, there is a phone number and an email address. It is accessible and available, although operating hours are not stated. Company Address: Suite 305, Griffith Corporate Centre, Kingstown, St. Vincent and the Grenadines.

　　Besides, on some of the most popular social media channels like Facebook, Linkedin, Twitter, Instagram, you can keep up with this broker.