According to ForexCT.com Website:
Website: www.forexct.com
Forex Capital Trading Ltd’s Australian subsidiary, Forex Capital Trading Pty Ltd, holds an Australian Financial Services License. ForexCT.com is supervised and governed by The Australian Security & Investments Commission (ASIC) which govern Foreign Exchange trading.
Any individual can open a forex trading account with Forexct.com with an amount as low as $100. They do not have demo accounts. They offer 4 types of real account, Mini, Gold, Platinum and VIP. Mini account can be opened with $100. With 5 pips Dealing Spreads; contract size 2500; leverage Maximum 1:200.
Gold account can be opened with $1000. With 4 pips Dealing Spreads; contract size 50000; leverage Maximum 1:300. Platinum account can be opened with $5000. With 3 pips Dealing Spreads; contract size 100000; leverage Maximum 1:400. Likewise for VIP account minimum deposit is 20,000; leverage Maximum 1:400.contract size 500000.
Funds can be deposited via Credit Card or Bank Transfer. They also do not charge any commissions or a fee to trade on our platform. ForexCT does not deduct or pay any tax on our client’s behalf. It is the clients’ own responsibility to take care of his or her own tax obligations.
Their office is in Melbourne, Victoria, Australia
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