Brokers Reviews

ExpoChains Review

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

 

Broker Review: ExpoChains

General Information & First Impressions

ExpoChains is an online broker that offers traders a diverse set of assets and conditions. It strives to be open and accepting of various types of trading styles and budgets. Our ExpoChains review will look at how it treats customers and what benefits it provides over other brokers.

For starters, we need to pay attention to how its website structure benefits both newer and experienced traders. It has a ton of information immediately available and then follows up with excellent sections. That creates clear navigation and eliminates any user confusion that may come up.

The sections are sensible, and each contains curated, streamlined information. You won’t find fluff anywhere, and that shows us that the broker actually respects your time. It speaks of ExpoChains’ character that it would rather inform you and let you come to a conclusion than corral you into investing.

So overall, the entire experience, even at first glance, comes off as it was crafted by someone that knew what they were doing. Brokers often forget that actual people use their service and neglect to make what they offer usable. 

Even from a technical standpoint, the website works phenomenally. It has just enough dynamic elements to remain visually interesting without them being too flashy. All the elements work well together without any overlap or blocking. 

All that paints a picture of a broker that’s well aware of what its customers want. And not only that, but it’s more than happy to oblige and actually shape the service around users rather than simply squeezing out the most money. The broker set our anticipations high, and made us eager to explore more for our ExpoChains review.

Fund and Account Security

ExpoChains ticks a lot of our boxes when it comes to security. We’re convinced it’s one of the safest online brokerages you can visit right now, and we will explain why.

Before we dig in, we’d like to note that there are two types of security characteristics we look for. The first type is somewhat subjective, and it hinges on broker behavior, design, and trustworthiness. The other relies on cold hard facts and shows us what objective features the broker includes to guarantee security. 

The latter group includes things like regulation. We won’t include encryption and other similar features, as they’ve become the norm. Not having them would be a sore disappointment, but of course, that’s not the case at ExpoChains.

So let’s jump in to the first group of features. As we already noted earlier in our expochains.com review, the broker is upfront about all of its conditions. If you intend to join ExpoChains, you can easily learn about the specifics of every aspect of its service quickly and effortlessly. For more detailed insight, you can also check the broker’s formal documentation. There, you’ll be able to clear up anything that was even remotely vague. 

And on the technical side, we have excellent objective security measures, with the broker covered by the FCA‘s FSCS compensation system. So while we’re confident the broker wouldn’t try to harm you in any way, it also provides additional security. That shows ExpoChains is truly devoted to ensuring that its customers don’t feel even marginally unsafe while trading with the broker.

Account Info at expochains.com

While there are a few brokers that specialize in certain assets or trading styles, the usual best approach is to remain as open as possible. ExpoChains took that approach and organized its accounts in a way that it could accept various traders. As usual with online brokerages, the accounts serve to bridge the gap between users on more and less restricted budgets.

And the accounts do a fantastic job at securing that diversity. Neither the cheaper nor more expensive options feel too restrictive. Additionally, the broker doesn’t try to force you into upgrading just to have a decent service.

In fact, every account, even the cheapest one, offers an entirely competitive trading service. Every account beats competitors in its price category, so overall there’s no wrong choice.

And the cheapest may have been a poor choice of words on our end. Namely, none of the accounts cost anything since they work off a deposit requirement structure. Simply put, each option requires you to reach a specific deposit threshold, but you can still trade with all the money you deposit.

Of course, reaching these tiers isn’t always trivial, and we wouldn’t suggest investing money you can’t lose. However, it allows for gradual upgrades via cumulative deposits and ensures that no account choice feels wrong. 

Here are some of the account specifications you can expect to see 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 As you could have seen from our ExpoChains review up until now, it’s quite a capable and user-focused brokerage. To that end, it also provides users with some of the most widely used and beloved online trading platforms. ExpoChains offers both popular MetaTrader variants; MetaTrader 4 and MetaTrader 5.

Although the two have some marginal differences, they’re both fantastic trading tools. Choosing between the two largely comes down to personal preference, and there’s no wrong choice.

If you’ve traded before, you already likely know which one you prefer, and that’s the one you should pick. If you’re a new trader, however, we encourage you to try both options and form a preference of your own.

Both offer a fantastic set of analytical tools, including numerous visual indicators and measurements. The asset screen supports multiple indicators, so you can always have insight into what’s going on. The assets themselves are well-placed and easy to differentiate, so you can analyze multiple in the same session. 

We’re confident you’ll be quite pleased with whichever one you choose. The platform options reaffirm the broker’s commitment to a powerful and pleasant trading experience.

Conclusion

Our ExpoChains review covers most of the broker’s important conditions. And it’s clear that the broker covers a broad area of traders with a diverse service that’s powerful all around. It’s also quite pleasant to use, with all its technical aspects functioning perfectly.

However, it also has a few hidden benefits, such as a 1:1000 leverage cap and others. We suggest you go to expoChains.com and explore the service, as we’re sure you’ll find the broker fits you perfectly.

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Published by
John Marley

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