ForexCT is an online Forex and CFDprovider based in Melbourne, Australia. Created by traders for traders, ForexCT knows what their customers need when it comes to smart trading.

ForexCT understands how important it is to have a local presence to its customers and has become a large part of the trading community within Australia. ForexCT has a strong focus on customer service, ensuring that its customers are supported throughout their trading journey.

The Forex market is an extremely volatile and risky market, that’s why ForexCT takes every measure it can to provide its customers with the support they need.

What brings ForexCT to the Forex Market in Australia?

ForexCT is part of a global group finance group but understands how important it is for its customers to partner with a company that has a local presence. Understanding the local market, and the demands of its Australian customers is why they were determined to set up shop in Melbourne.

The Australian market is unique, as well as those trading in it, which ForexCT understands. They’ve tailored their offering to match those unique needs, so their customers are fully supported in every aspect of their trading journey.

ForexCT’s customer service

ForexCT has identified a need to provide premium customer service to its customers on a local level.

Dedicated Account Managers as well as a support team offer customers 24/5 customer service, to ensure that customer’s trading is uninterrupted.

Customers can get in touch with ForexCT through various channels, the easiest being through its in-house platform, Web PROfit. There’s no need to leave the platform, customers can get in touch with ForexCT at the touch of a button.

Is ForexCT a scam?

ForexCT is an ASIC regulated services providerwhich means that it adheres to stringent industry regulations. ASIC is an independent Commonwealth Government body that’s responsible for the regulation and enforcement of Australia’s corporate, markets and financial services laws.

ASIC has adopted global standards of Forex provider regulation; providers being required to hold at least $1 million in operating capital. They’re also required to work with tier-1 banks to keep their clients’ funds segregated in trust accounts, so they’re never used to hedge ForexCT’s proprietary positions. Client funds are protected in the event of provider insolvency thanks to ASIC’s investor compensation scheme.

ForexCT also holds an Australian Financial Services License which further ensures they’re industry complaint.

How to start online trading with ForexCT 

Starting to trade with ForexCT is a simple, easy process.

There are two options you have when you start trading with ForexCT, you can either select to open a demo account if you’re just starting out, or you can select to open a live account to start trading straight away.

A demo account is the ideal for those that are new to trading, and are wanting to learn how it works. With a demo account, you get $100,000 of virtual cash to use while practicing. You can expose yourself to the risks of the market, without putting your personal finances at risk.

It’s a great way to learn, practice, and improve your knowledge and skills, without exposing yourself to actual risk.

Once you’ve built your knowledge and skills using the demo account, you can move onto the live account. Or if you’re an experienced trader, you can open a live account from the get-go.

The live account requires a minimum deposit of $500; dealing spreads start from 2 pips with a maximum 1:400 leverage.

You are required to reside in Australia so have your ID and a proof of address available when you sign up.

Conclusion

Although it’s a competitive market, ForexCT is determined to build its presence in the Australian market. It understands how important it is to provide its customers with the support they need.

ForexCT has invested in a comprehensive support system for customers, including in-depth educational resources, premium customer service and a leading trading platform. As an Australian ForexCT customer, you will be looked after by a dedicated team.

The Forex market is a hugely volatile and risky market which involves a large degree of knowledge, therefore ForexCT has invested time and effort into providing resources for its customers in order give them the tools they need.

 Once you’ve signed up, you’ll have access to an array of resources to fit your level of expertise. From video tutorials and seminars to one-on-one sessions, as a ForexCT customer you will have endless opportunities to hone your skills and increase your trading knowledge. Their demo account allows you to hone your skills before trading on the live market, giving you the opportunity to learn more about the risk without exposing yourself to the risk of the Forex market.