| General Information |
|
|---|---|
| Broker Name: | Expochains |
| Broker Type: | Forex & CFDs |
| Country: | Luxembourg |
| Operating since year: | N/A |
| Regulation: | FCA, FSCS |
| Address: | ExpoChains Ltd, 2 Rue des Dahlias, 1411 Luxembourg, Business center in Luxembourg City |
| Broker status: | Active |
| Customer Service | |
| Phone: | +442037692074 |
| Email: | support@expochains.net |
| Languages: | English, French, German |
| Availability: | 24/5 |
| Trading | |
| The Trading platforms: | MetaTrader 4, MetaTrader 5 |
| Trading platform Time zone: | N/A |
| Demo account: | No |
| Mobile trading: | Yes |
| Web-based trading: | Yes |
| Bonuses: | No |
| Other trading instruments: | Yes |
| Account | |
| Minimum deposit: | $250 |
| Maximal leverage: | 1:1000 |
| Spread: | Floating From 0.0 Pips |
| Scalping allowed: | Yes |
CONTENT
- General Information & First Impressions
- Fund and Account Security
- Account info at expochains.com
- Expochains’ Trading Platform
- Conclusion
- FAQ
General Information & First Impressions
ExpoChains is a brokerage that operates from Luxembourg and offers trading services, primarily targeting clients in Europe. However, it is also a global brokerage, and most people worldwide are able to access the service. A few countries are excluded on the basis of not being able to form legal contracts with the brokerage, but the list is minute. Our ExpoChains review will inspect the brokerage and help you decide whether to trade with it.
Even at a glance, ExpoChains shows that it’s a serious broker. It has an attractive design and a website that operates well. By that, we mean that expochains.com doesn’t show any major errors, missing pages, or ridiculous navigation problems. It’s technically sound, showing that the broker knows how to create an easy-to-use service.
And that extends to how it informs users as well. Expochains cut unnecessary and filler content from its website, making the experience much more streamlined. It doesn’t feel like you need to read through a ton of nonsense to get to what you actually need to know.
And when that pairs with excellent navigation, the process of learning about ExpoChains becomes much simpler. It takes out the usual frustration of the broker more or less hiding anything remotely unflattering. The broker’s approach also has security implications, which we’ll talk about soon in our ExpoChains review.
One last property we want to mention is that the broker’s website makes it seem much less intimidating for newer traders. We know the feeling of starting to learn about brokers or signing up for your first one, and it’s not pleasant. We’re glad that ExpoChains took steps to alleviate that, creating a welcoming atmosphere even for first-timers.
Fund and Account Security
Exhpochains is one of the safest brokers we’ve looked at in the past few months. It has numerous security indicators, both subjective and objective, that reassure us of its validity. Without additional delay, we will show you the security factors that impacted our ExpoChains review the most.
The first is something we already mentioned, which is its general setup. It’s quite open and easy to investigate, which differs from how scam brokers behave. The fact that it shows all of its conditions in a manner that’s easy to digest is a significant assurance.
However, that’s not the most significant thing that factors into our rating. Its location is also quite meaningful, as it dictates which laws and regulations it needs to follow. Luxembourg is a safe country, and the fact that ExpoChains operates from there willingly shows that it has no bad intentions.
And the thing that locks in the broker’s status as safe is its regulation and compensation program. Namely, it’s a part of the FCA‘s FSCS program. That means the FSCS is ready to compensate any user damaged by the broker by up to £85,000. And since most traders trade with smaller amounts, it would likely cover all your losses and then some.
ExpoChains shows a willingness and persistence in keeping users secure and content. We don’t believe you’ll have any security issues with the broker, and even if you do, it’s ready to compensate you fairly.
Account Info at expochains.com
ExpoChains offers a multitude of different accounts, with each serving a similar but distinct purpose. Undoubtedly, the thing that sets them apart the most is that each is meant for users with a different budget. And ExpoChains made sure to structure each account so that it maxes out its benefits without overstepping the boundaries set by users’ risk profiles.
As you likely know, brokers need to respect their customer’s risk profiles. That means you can’t offer leverage of 1:10000 to someone with $5 in their account. The money in their account isn’t the only factor, but it’s definitely the most significant one.
ExpoChains treads that fine line of offering sufficient conditions without overdoing it. It’s clear that the broker wants to maximize user capabilities and allow users to trade their own way.
And as we said earlier in our ExpoChains review, there are some account options for everyone. For traders on a budget, you can simply stick to the Bronze account, and if you’re a bit more comfortable with your funds, you can go for one of the expensive ones.
Since attaining new accounts hinges on reaching deposit thresholds, there are no real costs for the accounts. Of course, you shouldn’t deposit more than you can afford to lose, but that means there are no wrong choices. Just go with what your budget comfort level dictates, and you’ll be more than happy with the results. Here are some of the account conditions on expochains.com:
Bronze
- Minimum Deposit: $250
- Trading Platform: MetaTrader 4, MetaTrader 5 and Webtrader
- Spreads: From 1 pip
- Fifth decimal place: Yes
- Execution: Market execution
- Minimum deposit at $100
- Account Currency: USD, EUR, CHF, GBP, NZD, AUD, JPY, HKD, CNY
- Leverage: 1:100
Silver
- Minimum Deposit: $25,000
- Trading Platform: MetaTrader 4, MetaTrader 5 and Webtrader
- Spreads: From 1 pip
- Fifth decimal place: Yes
- Execution: Market execution
- Minimum deposit at $100
- Telephone Trading: Yes
- Account Currency: USD, EUR, CHF, GBP, NZD, AUD, JPY, HKD, CNY
- Commission By arrangement with personal analyst
- Forex pairs fee: No
- Leverage: 1:200
Gold
- Minimum Deposit: $50,000
- Trading Platform: MetaTrader 4, MetaTrader 5 and Webtrader
- Spreads: From 1 pip
- Fifth decimal place: Yes
- Execution: Market execution
- Minimum deposit at $100
- Smallest trade size: 0.01 lot
- Telephone Trading: Yes
- Margin Call / Stop out level: 80% / 50%
- Account Currency: USD, EUR, CHF, GBP, NZD, AUD, JPY, HKD, CNY
- Personal Account Manager: Yes
- Commission By arrangement with personal analyst
- Forex pairs fee: No
- Leverage: 1:400
Premium
- Minimum Deposit: $100,000
- Trading Platform: MetaTrader 4, MetaTrader 5 and Webtrader
- Spreads: From 1 pip
- Trading Instruments:All Available
- Fifth decimal place: Yes
- Execution: Market execution
- Minimum deposit at $100
- Lever set: Variable according to product
- Smallest trade size: 0.01 lot
- Telephone Trading: Yes
- Max total trade size: 60 standard lots per position
- Maximum number of simultaneous open Orders: 300
- Margin Call / Stop out level: 80% / 50%
- Account Currency: USD, EUR, CHF, GBP, NZD, AUD, JPY, HKD, CNY
- Personal Account Manager: Yes
- Commission By arrangement with personal analyst
- Forex pairs fee: No
- Leverage: 1:1000
Black
- Cooperative trading account for VIP clients with consultation of your personal senior analyst.
Expochains’ Trading Platform
ExpoChains keeps the theme of user empowerment with its platforms. It does that by ensuring that its users have a choice between multiple powerful platforms. In this case, the broker provides two of the most widely-used trading solutions available. You’ve likely already caught on, but we’re talking about MetaTrader 4 and MetaTrader 5.
If you’ve been a trader for a while, you’re likely already used at least one of the two platforms. Most experienced traders are deeply familiar with both. While each has their own advantages, the differences in usability are fairly slight. Our recommendation is to use whichever you feel handles better.
And as we said numerous times in our expochains.com review, it values versatility. To that end, it also has a web and mobile platform for users that tend to move around while trading. With the broker’s setup, it’s easy to stay on top of markets 24/7 without worrying you’ll miss something.
ExpoChains Review Conclusion
ExpoChains is a fantastic example of a broker that puts user needs first. It starts with what should be the baseline for every good broker, and that’s ensuring traders that they’re safe. ExpoChains doesn’t only do that with its behavior, but by setting specific measures that will help traders even if the broker weren’t willing to.
And it succeeds in doing so without sacrificing the strength of its conditions. It offers a fantastic and versatile trading service with numerous assets and strong conditions, such as a leverage cap of 1:1000.
To wrap up our ExpoChains review, we suggest trying the brokerage out. We guarantee it’s one of the top brokerage choices you can currently make.
ExpoChains FAQ
- Where is ExpoChains located?
ExpoChains operates from Luxembourg.
- Is ExpoChains regulated by the FCA?
Yes, and it’s also part of the FSCS compensation program.
- Can ExpoChains be trusted?
Yes, ExpoChains is a fully trustworthy company.
- What type of broker is ExpoChains?
ExpoChains is a CFDs company.
- How does ExpoChains make money?
Like all CFD brokers, ExpoChains makes money via spreads.
- Where is ExpoChains available?
ExpoChains is available globally with the exception of a few countries.
- Can I use MT5 with ExpoChains?
Yes, ExpoChains offers users the choice between MT4 and MT5.
- Is Expochains’ platform safe?
It is safe, MT4 and MT5 are among the safest online trading platforms.
- Can I trade crypto on ExpoChains?
Yes, ExpoChains offers crypto trading, and digital currencies are among its most popular assets.
- What is the minimum deposit for ExpoChains?
The lowest single deposit you can make is $100, but the minimum for a live account is $250.
ExpoChains Review
Name: ExpoChains
Description: ExpoChains is a fantastic example of a broker that puts user needs first. It starts with what should be the baseline for every good broker, and that's ensuring traders that they're safe. ExpoChains doesn't only do that with its behavior, but by setting specific measures that will help traders even if the broker weren't willing to.
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Support
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Platform
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Spread
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Trading Instrument
Great profit
I am so much thankful to this broker service for giving me really great services and profit.
Did you find this review helpful? Yes No
Perfect broker
I found a perfect broker to trade with. Signals are accurate and profitable. Services are great.
Did you find this review helpful? Yes No
Effective broker
I keep this broker. I am happy with the profit I get from these jobs. I also like dealing with their support team.
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Hassle-free withdrawals
Fast and hassle-free withdrawals. I have no complaints about the services, I get good profit.
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Good broker
Rare to find good broker. This one is for keeps.
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Good customer service
Good customer service. They are efficient, every time I need help I do not need to talk to my broker, customer service most of the time are able to resolve and assist.
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Good software
Good software. It has advanced technology software that makes trading more organized and easier.
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Effective broker
Trading terms are fair and trading results are favorable. The overall performance of this broker is good, I am happy with my profit.
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Good profit
I never had any problem with the services for the past six months. I am getting really good profit.
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Great broker
Great trading broker.I can give them the highest ratings posible base on the trading results they give me.
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Good broker
They have a wide array of wonderful trading instruments. Very affordable and profitable. Just started trading with them last week and so far I’ve got a good impression of this.
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Transparent broker
There transparency is outstanding. I trust them high enough with my investment. They did well in what they do and works efficiently than any other broker I have dealt with.
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Awesome trading options
Awesome trading options. Most are profitable. Services and signals are both great.
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Awesome signals
The best trading company I have dealt with. Signals are awesome.
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Great and trusted
Good and trusted company for forex brokerage. They are experience and skilled in the forex market.
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Fast withdrawals
Fast and easy withdrawal process. I did not encounter much hassle requesting to withdraw my profit.
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Great trading experience
I had a great trading experience with this broker. I was able to withdraw a decent profit monthly. I never had any problem with any of their transactions.
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Good broker overall
Overall broker performance is good. They attend to all of my queries promptly. Provides sound trading signals and useful trading tools.
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Amazingly good
I am glad to write a review for this broker. It is such a good company to trade forex with. Services are amazingly good and withdrawals are always on time.
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Satisfied with the services
I’ve had no issues encountered so far. I have been dealing with them for almost a year and I am satisfied with the services.
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Good broker company
One of the best broker company. They provide good customer service and the most effective trading signals.
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Good profit
The overall experience is great. I got a good profit and excellent customer service.
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Transparent transactuions
Explain things clearly. All transactions are transparent.
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Good broker advise
I always keep updated on market trends. I get the best and latest advise from the brokers.
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Happy with my profit
Easy deposit and withdrawal process. No much hassles and no fancy documents to provide. I am happy with my profit so far.
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Effective signals
This is a good broker company. Signals are proven effective. I highly recommend this broker.
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Reponsive customer service
Customer service are good and responsive. Brokers delivers accurate signals that brings good profit.
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Good software
Good trading software. It has so many useful features making trading easier for me.
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Favorable trading results
Trading results have always been favorable for the past six months. Good broker.
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Excellent partner
Excellent trading partner. I was able to learn really good strategies from the brokers.
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Excellent services
The services are all excellent throughout. Have been trading with them for almost six months and I am happy and satisfied.
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Good broker company
A trusted forex brand. I will never change my broker, I will stick with them. I am getting profit from my trades.
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Consistent profit
One of the most desirable forex brokers. I gain good profit consistently.
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Smooth withdrawals
Withdrawals are always smooth and easy. Tools are simple and easy to use.
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Outstanding
Outstanding trading company. Both signals and services are good.
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Great broker company
Transparent and respectful brokers. Their support has always been very good in helping me. Indeed, a great broker company.
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Reliable broker
Reliable and great services. I had so many great options to earn money and I have a good return on my investment.
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Fast withdrawals
Fast and easy withdrawal process. All transactions are smoothly done including withdrawals.
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Recommended broker
This broker has been recommended to me. Have tried trading several commodities and I get good returns. So far, the services work for me.
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Great trading opportunites
There are so many great opportunities to make money. They have guide me towards profitable trading.
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Good broker
Minimal slippage and really great trading terms. No doubt, they’re good broker.
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Profitable deals
I am using advanced trading tools. I experience good services, too. Profitable deals so far.
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