Company Profile
Company Profile
Review summary
| FLAIYYReview Summary | |
| Founded | Not mentioned |
| Registered Country/Region | United States |
| Regulation | Unregulated |
| Market Instruments | Forex, Commodities, Indices, CFDs |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | From 0.0 pips |
| Trading Platform | MetaTrader 5 web platform, MetaTrader 5 mobile platform |
| Min Deposit | Not mentioned |
FLAIYY Information
FLAIYY operates as a global broker with its headquarters located in the United States. A diverse selection of trading instruments is available, featuring CFDs on forex, commodities, and indices. Nonetheless, a significant drawback is the absence of clarity regarding registration and customer support information.
Pros and Cons
| Pros | Cons |
| Low spreads from 0.0 pips | No mention of customer support information |
| Leverage up to 1:500 | Not available to U.S. clients |
| Free Forex training and 24/7 support |
Is FLAIYY Legit?
FLAIYY is unregulated now.
What Can I Trade on FLAIYY?
FLAIYY offers a selection of over-the-counter CFDs on various instruments, including currency pairs, commodities, and indices.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Shares | ❌ |
Account Types
FLAIYY offers two main types of live trading accounts: the Standard Account and the ECN Account. It also provides a Demo Account for beginners and those looking to practice.
The biggest differences between the Standard Account and the ECN Account are that the Standard Account offers 0 commission with spreads starting from 1 pip, the ECN Account has spreads starting from 0.0 pips but charges a $6 commission per round trade.
FLAIYY Fees
FLAIYY offers competitive spreads starting from 0.0 pips to 11.4 pips across many trading asset, with no commissions for some accounts.
| Trading Asset | Spread Range | Commission |
| Currency | From 0.0 pips to 0.5 pips | $0.00 |
| Commodities | From 0.2 pips to 11.4 pips | $0.00 |
| Indices | From 0.2 pips to 1.9 pips | $0.00 |
Trading Platform
FLAIYY provides MetaTrader platform with PC and Mobile versions.
| Trading Platform | Supported | Available Devices | Suitable for |
| MetaTrader Web | ✔ | Web-based | Intermediate and experienced |
| MetaTrader Mobile | ✔ | Mobile devices | Mobile traders |
Deposit and Withdrawal
FLAIYY hasn't provided withdrawal fee details. The minimum deposit amount is not clearly mentioned, too.However,it provides 5 funding methods: Mastercard, VISA, Neteller, Skrill and Bank transfer.
| Funding Methods | Min. Deposit | Fees | Processing Time |
| Mastercard | Not specified | No fees | Instant |
| VISA | Not specified | No fees | Instant |
| Neteller | Not specified | No fees | Instant |
| Skrill | Not specified | No fees | Instant |
| Bank transfer | Not specified | No fees | 1-3 business days |
