ISE FX is a foreign exchange broker owned by the New York Stock Exchange (NYSE) that focuses on providing foreign exchange trading services. They offer 10,000 trading products with low spreads from 0.0 pips. However, their license of FCA has been exceeded.
Pros and Cons
Is ISE FX Legit?
ISE FXs license the Financial Conduct Authority (FCA) has been exceeded.
What Can I Trade on ISE FX?
ISE FX offers more than 10,000 trading instruments, including asset categories such as currency pairs, precious metals, energy, cryptocurrencies, stock indexes and stock CFDS.
Account Type & Leverage
ISE FX offers Alpha account, Pro account and Standard account. Demo accounts are not available.
The leverage ratio of trading conditions is 500:1.
ISE FX Fees (Spreads & Commissions)
Traders at ISE FX are provided ultra-low spreads on major currency pairs, starting as low as 0.0 pips.
No commissions on Standard Accounts.
Both long and short swap rates are available for all currency pairs and CFDs.
Trading Platform
ISE FX operates on Tradingweb platform across various devices. Traders can access a complete trading suite that is compatible with PC, Mac, iOS, and Android devices. This includes support for iPhone®, iPad®, and a range of Android smartphones and tablets, as well as Windows® phones. For those who prefer desktop trading, the ISE FX platform is available for download on PC.
Customer Service
ISE FX only offers email to contact, 24/5 available.
The Bottom Line
ISE FX provides trading products through its platform, accessible on multiple devices. However, it might not be a good choice for beginners, as it lacks demo accounts and operates under an exceeded license, which could make it challenging for novices to adjust to the trading conditions.
FAQs
Is ISE FX a good for beginners?
No. It is not regulated well. Besides, they do not provide the industry-leading MT4 or MT5 trading platforms with demo accounts.
What security measures does ISE FX have in place to protect my funds and personal information?
No.
At ISE FX, are there any regional restrictions for traders?
No.
