Introduction

Forex.ee is a Forex and cryptocurrency broker that has been in operation since 2004. The firm is based in Estonia and is regulated by the Ministry of Economic Affairs and Communications of Estonia. The company offers a wide range of trading instruments, including currency pairs, cryptocurrencies, indices, and commodities.

Trading Platforms

Forex.ee provides its clients with several trading platforms to choose from. The most popular is the MetaTrader 4 (MT4) platform, which is renowned for its user-friendly interface, advanced charting capabilities, and a wide range of technical analysis tools. The company also offers the MetaTrader 5 (MT5) platform, which is more advanced and includes additional features such as a built-in economic calendar and a market depth feature.

Account Types

Forex.ee offers four types of trading accounts: STP, Crypto, ECN, and PAMM. The STP and ECN accounts are designed for regular forex trading, while the Crypto account is specifically for trading cryptocurrencies. The PAMM account is a type of managed account where a professional trader manages the funds on behalf of the account holder.

STP Account

The STP account offers a minimum deposit of $50 and a maximum leverage of 1:500. It has a floating spread starting from 0.5 pips and does not charge any commission.

Crypto Account

The Crypto account requires a minimum deposit of $10 and offers a maximum leverage of 1:3. It has a floating spread starting from 0 pips and charges a commission of 0.5% per side.

ECN Account

The ECN account requires a minimum deposit of $200 and offers a maximum leverage of 1:500. It has a floating spread starting from 0 pips and charges a commission of $5 per lot.

PAMM Account

The PAMM account requires a minimum deposit of $200 and offers a maximum leverage of 1:500. It has a floating spread starting from 0 pips and charges a commission of $5 per lot. The account holder also pays a performance fee to the professional trader.

Customer Service

Forex.ee provides customer support 24/5 via live chat, email, and phone. The company also offers a comprehensive FAQ section on its website where clients can find answers to common questions.

Education and Resources

Forex.ee offers a range of educational resources, including a Forex glossary, trading tips, and educational articles. However, the company does not provide any webinars, seminars, or video tutorials, which can be a disadvantage for beginner traders.

Conclusion

Forex.ee is a well-established broker that offers a range of trading instruments and platforms. The company provides competitive trading conditions, especially for ECN and STP trading. However, the lack of educational resources and the high minimum deposit for some account types may be a drawback for some traders. It’s always recommended for traders to do their own research and consider their individual needs before choosing a broker.