Myrtle

Yousef47

1-2 tahun

What are the cons of trading with Forex Iraq?

WikiFX Jawab

The main con for me is the lack of regulation. Additionally, there’s no support for MT4 or MT5, which are platforms I’m familiar with. Another downside is the limited information about fees, especially related to deposits and withdrawals, which makes it hard to assess the overall cost of trading.

Broker Issues

Myrtle

Regulation

06-28

Amerika Serikat

Serious74

1-2 tahun

What is the spread at Forex Iraq?

WikiFX Jawab

The spread at Forex Iraq varies depending on the account type. For instance, Daily Trading A offers spreads as tight as 0.0 pips, but it comes with a $10 commission. The Standard Account A has spreads from 1.5 to 2.5 pips. I’d personally choose the account with tighter spreads, depending on my trading strategy.

Broker Issues

Myrtle

Fees and Spreads

06-17

Amerika Serikat

aariapoor

1-2 tahun

How long does it take for Forex Iraq withdrawals to process?

WikiFX Jawab

Forex Iraq typically processes withdrawals within 1-5 business days. I think this is a reasonable timeframe, but I’d be cautious about any potential delays depending on the method used. It’s always good to verify with customer service for more clarity on withdrawal processing times.

Broker Issues

Myrtle

Withdrawal

Deposit

05-25

Amerika Serikat

Allan777

1-2 tahun

What account types does Forex Iraq offer?

WikiFX Jawab

Forex Iraq offers four account types: Daily Trading A, Daily Trading B, Standard Account A, and Standard Account B. I personally find the Standard Account A with a minimum deposit of $50 to be suitable for beginner traders, while the Daily Trading A is better for more active traders due to its low spread.

Broker Issues

Myrtle

Account

Leverage

Platform

Instruments

04-27

Amerika Serikat