Global Broker Regulation Inquiry App
WikiFX
Broker
Rankings
Regulators
DoreenVanDenHeever
Within 1 year

How do the different account types available at Forex Sport compare to one another?

Broker Issues
Forex Sport
Leverage
Account
Platform
Instruments
07-04
United States
WikiFX
Reply

From what I’ve gathered about Forex Sport, the broker’s WikiFX profile does not clearly distinguish multiple account types in the same way that some competitors do. Instead, the focus seems to be on a set of financial services ranging from FX risk management to international payments, rather than offering a selection of conventional forex trading account tiers or structures. My own experience as a trader has taught me to look for detailed transparency regarding account offerings, such as minimum deposits, leverage structures, spreads, and platform options; these features are critical for properly assessing whether a broker aligns with different trading styles and risk tolerances. With Forex Sport, the only strongly highlighted policy is their no-fee structure for transactions over $1,000, which could be advantageous for those regularly moving larger amounts. They’re regulated by ASIC and have been active for over a decade, which provides some comfort in terms of operational stability and oversight. However, the mention of a “market maker” license together with a “medium potential risk” and a “suspicious scope of business” entry means I remain cautious. Notably, there’s a lack of detailed public information on typical forex account features—such as ECN or STP distinctions—unlike what’s available with some well-known competitors. For me, this lack of clarity would be a significant consideration before committing funds or choosing account structures with Forex Sport.

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com