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Forex.CH - Forex Broker Review

Have you used Forex.ch? If you have then please send us your review and be featured on this website!

Company:	Forex.ch
On-line since:	2005
Regulation:	Indirectly supervised by Federal Department of Finance in Switzerland and registered with a self-regulated financial organization known as PolyReg.
Payment options:	Bank Wire, Checks
Minimum account size:	$2000
Minimum lot size:	0.1 lot
Leverage:	Up to 1:200
Spreads:	2 pips on EUR/USD

Forex.CH are forex brokers based in Switzerland, considered as one of the world’s largest financial epicentre. They have been operating on-line since 2005 and are currently in negotiation to becoming a Swiss bank, thus exposing their clients to a wider spectrum of financial products, this is a great news indeed and an indication of a company in progress.

They have a fairly good reputation in the financial world and the fact that they are in negotiation to becoming a Swiss Bank puts them in a totally different ball game when it comes to credibility. Having said that, you still need to assess if this company is right for you.

Here are some of the features you will be exposed to when you become a client:

• Advanced Trading Platforms both for Currency and Metal trading
• They claim to have low spreads for active traders
• No requotes or delays when placing trades
• Ability to trade stock indices too
• Free signals provided when you open an account with them (may be worth using, solely as a guide though)
• Multiple account trading
• Low margin requirement (0.5%)
• Ability to trade all 49 currency pairs
• Multi-lingual customer service.• No overnight interest for Muslim traders.

Those are some of the advantages you will be exposed to as a client of Forex.CH. I have to say they seem very attractive at hindsight specially considering the free signal services on offer.

However, they do have some drawbacks that may leave a bitter taste in your mouth. Opening an account is quite a hassle to say the least and eventually may discourage you to proceed further with Forex.CH. The other problem that you may be faced with, especially if you are new to Forex trading, is the minimum account opening required and the commission charged for no-overnight interest accounts.

On the overall, they are fair brokers with no major flaws. They haven’t been the targets of angry customers yet, which means they must be doing something right.

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