Extrasum review - Is scam or good forex broker, extrasum.

Extrasum


So basically extrasum is a low credibility, unregulated broker that intentionally tries to mislead its clients that they hold a legit license.

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Extrasum review - Is scam or good forex broker, extrasum.


Extrasum review - Is scam or good forex broker, extrasum.


Extrasum review - Is scam or good forex broker, extrasum.

Extrasum does offer over 60 currency pairs, many of which exotic or minor like USDCNH, USDDKK, USDHKD, USDRUB, USDSGD, USDTHB, USDZAR, USDTRY, USDSEK, USDPLN, USDNOK, USDHUF, USDMXN and USDCZK. And the broker also offers cfds on silver, gold, oil and natural gas, but no crypto coins, so here you may check our list of brokers, offering bitcoin cfds:


Extrasum review - is extrasum.Com scam or good forex broker?



Extrasum is an offshore forex and CFD broker, offering over 60 forex pairs with a choice of four account types, leverage of up to 1:200 and the metatrader5 platform. Unfortunately, the broker is not licensed or authorized to provide financial services on regulated markets like the EU, UK, the US, canada, australia or japan. On top of that they are offering a managed account, which is a highly controversial practice in light that extrasum is an unregulated forex broker.


Account type min. Deposit max. Leverage spread s
nano account $25 1:200 0,8 pips
micro account $100 1:200 0,6 pips
standard account $500 1:100 0,5 pips
raw spread $1000 1:100 $12/lot (1,2 pips)
managed account $25 000 1:100 n/a


Extrasum advantages:


63 currency pairs and cfds on energies and precious metals


Extrasum does offer over 60 currency pairs, many of which exotic or minor like USDCNH, USDDKK, USDHKD, USDRUB, USDSGD, USDTHB, USDZAR, USDTRY, USDSEK, USDPLN, USDNOK, USDHUF, USDMXN and USDCZK. And the broker also offers cfds on silver, gold, oil and natural gas, but no crypto coins, so here you may check our list of brokers, offering bitcoin cfds:


Extrasum is owned and operated by extrasum inc., an offshore company based in st. Vincent and the grenadines.


But what is more, they claim to be licensed as an “international forex broker company” in st. Vincent and the grenadines. The problem here is that the local financial services authority of st. Vincent and the grenadines (FSA) simply does not issue such licenses. The authority does regulate international and local banks, pension and mutual funds, insurance companies and money transfer businesses like money gram and western union, but not forex brokers. Besides, recently FSA even came out with a statement warning exactly about this, because of the great number of shady offshore brokers, like extrasum, claiming to be regulated by it.


So basically extrasum is a low credibility, unregulated broker that intentionally tries to mislead its clients that they hold a legit license.


Trading with unregulated, offshore brokers is extremely risky, because such companies are completely unaccountable for the way they handle your money and in practice too often are involved in scam.


Bear in mind that your funds will be secure only with brokers regulated by reputable institutions such as the cyprus securities and exchange commission (cysec), the australian securities and investments commission (ASIC), or the financial conduct authority in the UK, where among other benefits, your money will be insured for up to 85 000 GBP. Here you may check our list of FCA regulated brokers:


Despite the seemingly attractive trading conditions, do not forget that extrasum is a low credibility, unregulated, offshore broker, which basically offers managed accounts, while acting as a market maker. As always in such cases our best advise is to trade only with properly regulated brokers in europe, australia, canada or the US.



Extrasum.Com review


Extrasum is a forex broker. Extrasum offers the MT5 forex trading top platform. Extrasum.Com offers over 60 forex currency pairs, commodities, gold and silver for your personal investment and trading options.


Extrasum.com


Website is down. Company seems to be out of business.


Extrasum.com


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I started to trade with this company extrasum inc like 2-3 weeks ago and i have deposited 100 EUR. I ended up to gain almost 18k EUR because of the big moves that took place in the financial markets (US30, gold, GBPUSD - moves of hundred of pips) and yesterday i wanted to withdraw 4k eur. Suddently my account was blocked and suspended and their explanation was: for sure you made arbitrage, because otherwise you couldnt made that profit.


But let's do an imaginary exercise and realise that with a leverage of 1:500 you can easily scale up even if you start with 100 EUR, and the recently big moves in the market helped me a lot.


I also need to specify that i am trading manually and i am only using some indicators that are giving me the signals to put my trades. The trades are following the trend and therefore the trades are kept open for several hours to days in some cases.


Why i wanted to open a real account with them was because i saw them advertise like they are real STP, but based on my chat with the finance agent - kevin, he told me that the trades are not sent to any counterpart (LP - liquidity provider, ECN, aggregator etc) which obviously mean that this broker is a market maker. I don't care that is a market maker but their advertisement is FALSE and everyone knows what this means. (don't treat it as an instigation).


Everyone can do what they want, i have just presented my experience with these guys !



Extrasum


See, that’s what the app is perfect for.


Extrasum


Extrasum inc is a reliable forex trading services with faultless reputation that has worked wonders.


Registered in 2017, extrasum has avant-garde leadership and has taken the multiple and relative advantages to the next level that has made us distinct/ stand out.



Not only does extrasum inc become one of the fast paced transact issuers online but also we protect interests of traders and investors in a specifically delicate way.



New introductions and makeover of trade is one of the distinct characteristics we live upto. Not only do we make the forex market easy but also we add features that make us unique and different.


Invest in a revenue-sharing campaign | extrasum.Org


Invest in building a unique social trading & investment platform. We believe that revenue sharing with individuals is better than equity sharing with angels. Your funding is the base for building and establishing this social trading and investment platform.


Self-trading micro account with extrasum!


A micro self-trading account caters fundamentally to the retail financial specialist who looks for introduction to remote trade exchanging, yet wouldn’t like to change a ton of cash. A smaller-scale record’s littlest contract additionally called a miniaturized micro self trading account, is a preset measure of 1,000 units of money. The micro self-trading account looks essentially to the retail…


Online trading brokers


We regularly catch wind of digital currencies these days. We hear marvelous anecdotes about digital currency moguls, the mind-boggling prevalence of mining, and the theft of a large number of dollars in cryptographic forms of money; blockchain innovation - an innovation that is said to change this world with the help of day trading brokers. However, what, truly, are those - digital forms of money, bitcoin, blockchain, mining - and why have they turned out to be so well known?


Cryptocurrencies are, truth be told, a similar form of money as that which is put away on your bank card. They are reasonable for installments, just as “genuine” monetary standards, however not all vendors acknowledge them. The most significant distinction between digital currency cash and fiat cash (the “genuine” cash issued by national banks) is that you can’t money it out at an ATM, you can’t contact it and place it in your wallet - cryptographic forms of money don’t have a material structure. The first and most popular digital currency - bitcoin - was developed in 2008. Just the pen name the bitcoin maker is known - satoshi nakamoto. Regardless of whether he is a man, a lady or a gathering of individuals are as yet obscure. So as to clarify what bitcoin is and why it was made, it is important to comprehend what the blockchain, the innovation hidden this cryptographic money, is.


Blockchain is an innovation that enables you to move data, including money-related exchanges (digital currency exchanges or fiat exchanges), without the support of trusted outsider, without a middle person. All data is recorded in squares and can’t be changed or erased, as it is put away on all pcs (hubs) of the system in the meantime. On the off chance that you attempt to change the data in a single spot, every other PC on the system won’t affirm the change and drop it. For cash exchanges, this implies the exchange will happen straightforwardly starting with one online trading brokers then onto the next, bypassing the middle person as a bank, installment framework or state. These conventional installment frameworks can influence the exchange, postpone it, and require different affirmations. This was one of the primary assignments of satoshi nakamoto. He needed to make a framework in which exchanges would not require a middle person and would be solid and mysterious. Bitcoin was presented by him in 2008 in that capacity a framework.


Likewise, for exchanges utilizing the blockchain, the geographic area of the sender and the beneficiary does not make a difference - you can make an exchange from any nation to some other nation, paying little mind to their political contrasts and authorizes. Presently worldwide bank moves of fiat cash are handled and conveyed inside 3-5 days. With the utilization of blockchain, this time can be decreased to hours and even minutes.


Right now there are around 1600 cryptographic forms of money. The figure is continually developing. You can make your very own digital currency by leading an ICO. This is the name of the underlying coin offering, by similarity with the first sale of stock (IPO). During the ICO, the makers of crypt coins are endeavoring to persuade general society of the convenience of their cryptographic money (the blockchain behind it), that it will discover broad use, and consequently its cost will take off and go, in crypto terms, “to the moon.” so the general populations who make a digital currency draw in an online trading practice account, sell a foreordained measure of mint pieces and, in the wake of gathering cash, start full-scale advancement and usage of their blockchain into the business zone reported in the white paper. Indeed, in any event, that is the way it works in principle. In actuality, everything is somewhat extraordinary. An examination led in 2018 found that 80% of all icos directed in 2017 were fake. Those in charge of such tasks were not going to build up their digital currency after the ICO. Their points had been accomplished when the ICO occurred.



$150 NO-deposit bonus – extrasum


Extrasum brings 150 USD NO deposit to trade forex on the extrasum platform and earns profits. Experience live trading without any funding and avoid financial risk. Start with a bonus account and explore real trading features.


DEPOSITSLESS FOREX PROMOTION


Joining link: BONUS


Ending date: limited time


Offer is applicable: new trader


How to apply:



  • Register an account using the above link, verify your profile.

  • Open a bonus account

  • Receive $150 USD BONUS



Withdrawal:



  • Initial 150 USD bonus – NO

  • Profits – need to trade 1 lot for each $1 USD of profits. The maximum withdrawal is $100 USD.



Terms & conditions – extrasum NO DEPOSIT BONUS


Bonus credit will automatically be removed on your first withdrawal


If for any reason the foul play is suspected, the bonus credit will be canceled


General terms and conditions apply.


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Maicol alexiz ortiz hernandez says :


La otra semana se puede abrir el bono sin deposito


The conditions is to trade and go broke! LOL


No bonus account is on hold and not available as of now since, we are revising the offer. It will be available shortly and once the offer is available you will be notified with terms of use and conditions


Ok looking forward to hearing from you soon


I NEED ALSO TO BE NOTIFY [email protected] or phone +229 97 57 17 41


It is available again. With a far worst conditions. Also, you should feel shame because you suspending profitable accounts. Look like you are just one more data collectors and deposit deposit deposit annoyers who promise a lot but deliver nothing. Recommendation for all traders is to avoid this company.


Don’t trust goa comments.. He is telling lies. Always he post fake reviews..


Oh yeah.. Don’t trust goa comments �� �� �� goa never ever posted any false review. For all visitors of this portal that is a well-known fact for years. When goa say something that is exactly like he describes or defined. Trust those dudes from companies that come here to spread their false propaganda..Waste your time, put yourself into slavery position, be scammed …


Mokoto thapelo joy mekgwe says :


Rubbish broker.You are not able to register


VERY GOOD AND GRAT FX BROKER… I GOT MY PROFIT WITHDRAWAL TO MY SKRILL ACCOUNT WITHIN 5 MINUTES.. THEY GOOD..WE CAN TRUST AND TRADE WITH THEME.


Stupid guy..The bonus was launched last week..So you have traded 100lot fuckin soul…imagine 1$ for 1lot what bad conditions …no wonder they got on 3500 traders trading with them


YOUR PROFIT WORKING FOR THIS BROKER XD


I am very happy with this fx broker..They are..


Excellent broker….I got my profits to my skrill within 5 minutes… thankq very much sir giving the opportunity.. Love u ….


Do you feel any shame when you lie? Or you have a habit to lie? You already traded 1lot per 3$ profit and withdraw 3 or 6 at your skrill? And max 100$ (33 lots turnover a month) but you did all this within a day?! Wow �� �� �� ��


I confirm it is real.Me also got my profit.Excellent broker


Profit from your salary working for the broker XD


I traded with them on new terms (3$/lot) and now they don’t want to pay profits. Without any word. If they reply to me i will update . For now waste of time.


Of course, they will not payout you. They are pure fraud. Par excellence waste of time. Their customer support is just a bunch of liers.


Don’t worrying boy… they are good.


No, they are not good. They lie and ignore own claims. They are arrogant, rude and you can get a lot of troubles with people like they are. Under no circumstances do not invest own money there.


Bogus broker. Big scam with showing best product and services. 1 day ago i open $150 bonus ac every thing is ok account opening verification receive bonus and trade they give me $15 for every 1 lot trade.. But they deactivate netteller and skrill service on customer ac dash board .. Only bank transfer and local transfer is active once i request for withdraw with local withdrawal my request status is pending pending pending…


This guy by the name ‘ballanki sriram’ is working with the broker guys he’s such a liar …the bonus is just a scam…they should just give 30$ bonus now that the stopout 120$..Your account can’t go below 120..Then what bad conditiosn ..To earn 1$ you have to trade 1lot…like serious with 30$ in your account…this stuff its not impossible but stupid…think we should all fund account and trade with legit brokers not scams like this…don’t waste your time with this bonus…but you can choose to claim bonus and blow it…


Just shut up… U R saying fake comments.They paid my profits within minutes.. They are good. We can trust them.


Hahahahah.. You mean they pay you a tip for fake posting here..Tell us, do you need to send the screenshot of your post first or they pay you in advance? �� �� ��


Only they may be paid to you is a tip for posting false applause here about them. Shame on you.


Seems someone try too hard to be right..Ain’t it BSR aka ballanki sriram. Scamm broker.


I CAN CONFIRM NOW THAT THIS BROKER IS SCAM , THEY DIDN;T PAID ME , ALL THEIR PAYMENT METHODS DOESN’T WORK BECAUSE THEY SCAM PEOPLE . THEY ARE JUST PLAYING WITH TRADERS. BIG SCAM, EXTRASUM IS BIG SCAM


@goa then tell me which broker with no deposit bonus do you prefer?


Alright bantu bam
tickmill is the best
gt247 which is ZAR account from mzansi
and of course others the other thing I’ve realised with these brokeres that offer big bonuses they’re actually fraudulent so rather get someone who knows how to trade and let that person teach you how to trade on markets, free things ain’t an option….


Goa hi. I’m katlego….Is there any legit broker u’d recommend except XM & FBS? [email protected]


Any broker that does not request more than 1 lot turnover for 10$ of bonus is fair enough. That is a key you can recognize fraudsters and greed brokers. Also broker cant lies you about anything. Ever, never. If they lied you once they will lie to you all the time. For example, these people behind extrasum are a bunch of notorious liars. And I caught them into many lies. Never ever they say sorry or we will try harder to fix issues. No, they continue to lie and even become very angry (?!) typical bad people and fraudster behave. Some time ago multibankfx have a decent promotion. Right now just windsorbrokers have an active decent promo with fair conditions. Don’t be stupid slaves. Do not participate into insane promos where you get nothing but give your documents, time, efforts, skills and knowlage. If they want us as clients force them to be fair. Do not accept conditions which put you into slavery, to trade some insane turnovers, to deliver your efforts to promote them, to earn profit for them. All of them have counter positions against your trades. All of them make huge money with this promos. Be smart. If you participate, participate just into something that is fair.


No no ..Don’t trust goa words.He is saying fake words. Extrasum fx is very very good. I got my profits in my neteller account within 5 minutes. We can trust extrasum fx broker. I like this broker.


Only you maybe have got is a tip for your fake posts here or somewhere else. Extrasum is a pure shame for FX industry and anyone who deals with them can experience just a pain, lies and more pain and more lies. I analyze various brokers for 9 years. I have completed my fx trading activities a long time ago. No need to trade for more money anymore. Just as a hobby I am testing all new names and promos that appear around. No broker can buy me or my opinion. Newcomers are a very fragile group. Extrasum or similar fraudsters can mislead them so easy. I am paying back my old debt to people that saved me from fraudsters in the past.



Обзор брокера extrasum


О компании


Extrasum - это юридически зарегистрированный форекс-брокер, расположенный на сент-винсенте и гренадинах, но не регулируемый никакими государственными органами.


Доступность


Extrasum принимает клиентов со всего мира, за исключением США, японии, судана, сирии и северной кореи.


Ключевые возможности



  • Простой процесс регистрации и проверки.

  • Услуга управляемого счета, предлагаемая премиум-клиентам.

  • Собственный пул ПАММ-счетов (позиционируется брокером как GAMM).

  • Программа task trading, позволяющая трейдерам зарабатывать деньги (выполняя различные задания), не вкладывая собственных средств.


Торговые инструменты


Брокер форекс предлагает для торговли следующие базовые активы.


60+ валютных пар на основе основных и второстепенных мировых валют.
2 CFD на металлы на основе золота и серебра.
3 CFD на энергетические споты на основе сырой нефти (WTI, brent) и природного газа.


Сводный обзор extrasum


Extrasum - это глобальная брокерская компания CFD и форекс, базирующаяся в сент-винсенте и гренадинах - популярной оффшорной юрисдикции для форекс-брокеров, которую они могут зарегистрировать из-за низких налогов и практически несуществующего финансового регулирования. В результате extrasum не регулируется каким-либо государственным учреждением, поэтому трейдеры должны знать, что они вносят средства у этого брокера на свой страх и риск.


С учетом сказанного, однако, торговля с нерегулируемыми форекс-брокерами также имеет ряд преимуществ. Среди них - доступ к более высокому торговому плечу, более простой процесс регистрации и проверки и, следовательно, также возможность торговать более или менее анонимно, что важно для некоторых людей.


Особая вещь, которая отличает extrasum от других брокеров, - это то, что брокер называет «task trading», что по сути является способом для трейдеров заработать немного денег, не вкладывая свои собственные деньги. По словам брокера, клиенты, которые хотят стать трейдерами, должны будут подать заявку, а затем пройти 15-дневный период тестирования, в котором они должны будут продемонстрировать свои торговые навыки. Для квалифицированных трейдеров, получивших одобрение, брокер будет назначать различные «задачи», и по завершении участники предположительно могут получать выплаты до 5000 долларов США в месяц.


Переходя к торговым инструментам, extrasum, как и все форекс-брокеры, предлагает достойный выбор валютных пар для торговли, из более чем 60 таких пар на выбор. Однако, когда дело доходит до других активов, выбор у этого брокера гораздо более ограничен: только золото, серебро, нефть и природный газ для торговли в качестве CFD. Другими словами, extrasum - это один из немногих брокеров, которые мы рассмотрели здесь, в FX-list, который не предлагает для торговли какие-либо фондовые индексы, криптовалюты или отдельные акции.


Что касается торговых платформ, которые могут использовать клиенты, extrasum полагается исключительно на платформу metatrader 5 (MT5), первоначально выпущенную российской фирмой metaquotes software в 2010 году. Несмотря на то, что платформе уже несколько лет, она все еще остается очень популярной и имеет большую базу пользователей по всему миру. В результате предложение этой платформы является дополнительным преимуществом, которое может привлечь трейдеров, которые ранее использовали ту же платформу в других брокерских компаниях.


Типы счетов, предлагаемые extrasum, включают четыре следующих обычных торговых счета:
- нано-счет с минимальным депозитом 25 долларов и спредами от 0,8 пункта
- микро-счет с минимальным депозитом 100 долларов и спредом от 0,6 пункта
- стандартный счет, с минимальным депозитом 500 долларов и спредами от 0,5 пункта
- счет raw spread с минимальным депозитом 25 000 долларов США и комиссией 12 долларов США за лот


В дополнение к упомянутым выше типам счетов, extrasum также предлагает управляемую учетную запись, где брокер сам размещает заказы от имени клиента. Однако имейте в виду, что это несколько спорная и рискованная практика, особенно при использовании нерегулируемых брокеров, таких как extrasum. Если средства потеряны или возврат не так хорош, как обещано, на самом деле один клиент ничего не может с этим поделать, кроме как переключиться на другого брокера.


Все торговые счета с extrasum, конечно, можно пополнить с помощью основных платежных карт, таких как visa и mastercard, в дополнение к общепринятым электронным кошелькам neteller, skrill, sticpay и upaycard. Однако депозиты в криптовалюте не принимаются этим брокером.


В заключение стоит повторить, что торговля с нерегулируемыми оффшорными форекс-брокерами - рискованное мероприятие. Это факт, что многие трейдеры потеряли деньги таким образом, а некоторые даже испытали, что их брокер отказался удовлетворить запросы на снятие средств и по сути ушел с их деньгами. Чтобы не попасть в такую ситуацию, важно торговать только с брокерами, которым вы полностью доверяете. Если extrasum не оправдывает эти ожидания, вы можете вместо этого выбрать торговлю с более крупным и авторитетным форекс-брокером, деятельность которого регулируется в таких странах, как австралия или ЕС.



Extrasum review and ratings


Company information


Extrasum is a legally registered forex broker located in saint vincent and the grenadines, but not regulated by any government agency.


Availability


Extrasum accepts clients from all over the world, excluding USA, japan, sudan, syria and north korea.


Distinctive features



  • Simple registration and verification process.

  • Managed account service offered for premium clients.

  • Own pool of PAMM accounts (positioned by the broker as GAMM).

  • 'task trading' program allowing traders to earn money (by accomplishing various tasks) without making any own investments.


Trading instruments


Forex broker offers the following underlying assets for trading.


60+ currency pairs based on major and minor world currencies.
2 metal spot cfds based on gold and silver.
3 energy spot cfds based on crude oil (WTI, brent) and natural gas.


Comprehensive review


Extrasum is a global CFD & forex brokerage company based in saint vincent and the grenadines - a popular offshore jurisdiction for forex brokers to incorporate in due to low taxes and virtually non-existent financial regulations. As a result, extrasum is not regulated by any government agency, and traders should therefore know that they deposit funds with this broker at their own risk.


With that said, however, trading with unregulated forex brokers also comes with a number of benefits. Among these is access to higher trading leverage, an easier sign-up and verification process, and thus also the ability to trade more or less anonymously, which is important for some people.


A special thing that differentiates extrasum from other brokers is something the broker calls “task trading,” which is essentially a way for traders to earn some money without depositing any of their own cash. According to the broker, clients who want to become task traders will have to apply and then go through a 15 day testing period where they have to demonstrate their trading skills. For skilled traders who get approved, various “tasks” will be assigned by the broker, and upon completion participants can allegedly earn payouts of up to USD 5,000 per month.


Moving over to trading instruments, extrasum, like all forex brokers, offers a decent selection of currency pairs to trade in, with more than 60 such pairs to choose from. When it comes to other assets, however, the choices with this broker are much more limited, with only gold, silver, oil and natural gas to trade as cfds. Extrasum is, in other words, one of just a few brokers we have reviewed here on FX-list that does not offer any stock indices, cryptocurrencies or single stocks for trading.


In terms of trading platforms that clients can use, extrasum relies solely on the metatrader 5 (MT5) platform, originally released by the russian firm metaquotes software in 2010. Although the platform is now quite a few years old, it still remains very popular and has a large user base all over the world. As a result, offering this platform is an extra benefit that has the potential to lure over traders who have previously used the same platform at other brokerages.


The account types offered by extrasum includes the four following regular trading accounts:
– nano account, with $25 minimum deposit and spreads from 0.8 pips
– micro account, with $100 minimum deposit and spreads from 0.6 pips
– standard account, with $500 minimum deposit and spreads from 0.5 pips
– raw spread account, with $25,000 minimum deposit and commissions of $12/lot


In addition to the account types mentioned above, extrasum also offers a managed account, where the broker itself places orders on behalf of the client. However, keep in mind that this is a somewhat controversial and risky practice, in particular when using unregulated brokers like extrasum. If funds are lost, or returns are otherwise not as good as promised, there is really nothing a single client can do about it other than switching over to another broker.


All trading accounts with extrasum can of course be funded with major payment cards like visa and mastercard, in addition to the commonly accepted e-wallets neteller, skrill, sticpay, and upaycard. Cryptocurrency deposits, however, are not accepted by this broker.


In conclusion, it is worth reiterating that trading with offshore forex brokers that are unregulated is a risky endeavour. It is a fact that many traders have lost money this way, and some have even experienced that their broker refused to honor withdrawal requests and essentially walked away with their money. To avoid getting into such a situation, it’s important to only trade with forex brokers you fully trust. If extrasum does not live up to these expectations, you may therefore instead choose to trade with a bigger and more reputable forex broker regulated in countries like australia or in the EU.



Extrasum


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Extrasum


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New introductions and makeover of trade is one of the distinct characteristics we live upto. Not only do we make the forex market easy but also we add features that make us unique and different.


Forex signals - are they going to assist you or harm you:


The foreign exchange market befuddles various incompetent speculators. By appealing these individuals to gain accurate forex signals, a few associations exploit their perplexities. Forex signals are touted with an end goal to help the new investors get greatly improved learning of the commercial center and exactly how the commercial center capacities. Contemplating these motivations can give them…


Basics of currency trading online


The investment markets can rapidly take the money of investors who trust that exchanging is simple. Exchanging any investment market is exceedingly troublesome and risky; however, achievement first accompanies instruction and practice. Things being what they are, what is stp forex trading and is it right for you? The currency market is the biggest investment market on the planet and keeps on developing every year. On april 2010, the daily average turnover came to $4 trillion, an expansion of 20% since 2007. In an examination, there is just $25 billion of day by day volume on the new york stock exchange (NYSE).


What is forex? A conversion scale is a cost paid for one unit of money in return for another. It is this sort of trade that drives the forex showcase. There are in excess of 100 various types of authority monetary standards on the planet. In any case, most worldwide forex exchanges and installments are made utilizing the U.S. Dollar, british pound, japanese yen, and the euro. Other mainstream money exchanging instruments incorporate the australian dollar, swiss franc, canadian dollar, and new zealand dollar. Cash can be exchanged through spot exchanges, advances, swaps and alternative contracts where the fundamental instrument is money. Money exchanging happens persistently around the globe, 24 hours per day, five days seven days.


Money exchange is a 24-hour market that is just shut from friday night to sunday evening; however, the 24-hour exchanging sessions are deluding. There are three sessions that incorporate the european, asian and united states exchanging sessions. In spite of the fact that there is some cover in the sessions, the fundamental monetary forms in each market are exchanged for the most part amid those market hours. This implies certain money sets will have more volume amid specific sessions. Brokers who remain with sets dependent on the dollar will locate the most volume in the U.S. Exchanging session. Cash is exchanged different estimated parts. The market might be substantial, yet up to this point, the volume originated from expert brokers, however, as currency trading online platforms have enhanced all the more retail traders have observed forex to be reasonable for their investment goals.


An expanding measure of brokers is appreciating the cash markets on the grounds that a large number of the powers that move money markets likewise move the cash advertise. One of the biggest is free market activity. At the point when the world needs more dollars, the estimation of the dollar increments and when there are excesses of circling the value drops. Different components like loan fees, new monetary information from the biggest nations and geopolitical pressures, are only a couple of the occasions that may influence money costs. There is a motivation behind why forex is the biggest market on the planet: it engages everybody from national banks to retail financial specialists to possibly observe benefits from money variances identified with the worldwide economy. There are different methodologies that can be utilized to exchange and fence monetary forms, for example, the convey exchange, which features how traders affect the worldwide economy.


The explanations behind true forex exchanging fluctuate. Theoretical exchanges – executed by banks, money related organizations, speculative stock investments, and individual financial specialists – are benefit persuaded. National banks move forex advertises drastically through money related strategy, trade routine setting, and, in uncommon cases, cash intercession. Organizations exchange cash for worldwide business activities and to fence hazard. Generally speaking, financial specialists can profit by realizing who exchanges forex and why they do as such.



Обзор брокера extrasum


О компании


Extrasum - это юридически зарегистрированный форекс-брокер, расположенный на сент-винсенте и гренадинах, но не регулируемый никакими государственными органами.


Доступность


Extrasum принимает клиентов со всего мира, за исключением США, японии, судана, сирии и северной кореи.


Ключевые возможности



  • Простой процесс регистрации и проверки.

  • Услуга управляемого счета, предлагаемая премиум-клиентам.

  • Собственный пул ПАММ-счетов (позиционируется брокером как GAMM).

  • Программа task trading, позволяющая трейдерам зарабатывать деньги (выполняя различные задания), не вкладывая собственных средств.


Торговые инструменты


Брокер форекс предлагает для торговли следующие базовые активы.


60+ валютных пар на основе основных и второстепенных мировых валют.
2 CFD на металлы на основе золота и серебра.
3 CFD на энергетические споты на основе сырой нефти (WTI, brent) и природного газа.


Сводный обзор extrasum


Extrasum - это глобальная брокерская компания CFD и форекс, базирующаяся в сент-винсенте и гренадинах - популярной оффшорной юрисдикции для форекс-брокеров, которую они могут зарегистрировать из-за низких налогов и практически несуществующего финансового регулирования. В результате extrasum не регулируется каким-либо государственным учреждением, поэтому трейдеры должны знать, что они вносят средства у этого брокера на свой страх и риск.


С учетом сказанного, однако, торговля с нерегулируемыми форекс-брокерами также имеет ряд преимуществ. Среди них - доступ к более высокому торговому плечу, более простой процесс регистрации и проверки и, следовательно, также возможность торговать более или менее анонимно, что важно для некоторых людей.


Особая вещь, которая отличает extrasum от других брокеров, - это то, что брокер называет «task trading», что по сути является способом для трейдеров заработать немного денег, не вкладывая свои собственные деньги. По словам брокера, клиенты, которые хотят стать трейдерами, должны будут подать заявку, а затем пройти 15-дневный период тестирования, в котором они должны будут продемонстрировать свои торговые навыки. Для квалифицированных трейдеров, получивших одобрение, брокер будет назначать различные «задачи», и по завершении участники предположительно могут получать выплаты до 5000 долларов США в месяц.


Переходя к торговым инструментам, extrasum, как и все форекс-брокеры, предлагает достойный выбор валютных пар для торговли, из более чем 60 таких пар на выбор. Однако, когда дело доходит до других активов, выбор у этого брокера гораздо более ограничен: только золото, серебро, нефть и природный газ для торговли в качестве CFD. Другими словами, extrasum - это один из немногих брокеров, которые мы рассмотрели здесь, в FX-list, который не предлагает для торговли какие-либо фондовые индексы, криптовалюты или отдельные акции.


Что касается торговых платформ, которые могут использовать клиенты, extrasum полагается исключительно на платформу metatrader 5 (MT5), первоначально выпущенную российской фирмой metaquotes software в 2010 году. Несмотря на то, что платформе уже несколько лет, она все еще остается очень популярной и имеет большую базу пользователей по всему миру. В результате предложение этой платформы является дополнительным преимуществом, которое может привлечь трейдеров, которые ранее использовали ту же платформу в других брокерских компаниях.


Типы счетов, предлагаемые extrasum, включают четыре следующих обычных торговых счета:
- нано-счет с минимальным депозитом 25 долларов и спредами от 0,8 пункта
- микро-счет с минимальным депозитом 100 долларов и спредом от 0,6 пункта
- стандартный счет, с минимальным депозитом 500 долларов и спредами от 0,5 пункта
- счет raw spread с минимальным депозитом 25 000 долларов США и комиссией 12 долларов США за лот


В дополнение к упомянутым выше типам счетов, extrasum также предлагает управляемую учетную запись, где брокер сам размещает заказы от имени клиента. Однако имейте в виду, что это несколько спорная и рискованная практика, особенно при использовании нерегулируемых брокеров, таких как extrasum. Если средства потеряны или возврат не так хорош, как обещано, на самом деле один клиент ничего не может с этим поделать, кроме как переключиться на другого брокера.


Все торговые счета с extrasum, конечно, можно пополнить с помощью основных платежных карт, таких как visa и mastercard, в дополнение к общепринятым электронным кошелькам neteller, skrill, sticpay и upaycard. Однако депозиты в криптовалюте не принимаются этим брокером.


В заключение стоит повторить, что торговля с нерегулируемыми оффшорными форекс-брокерами - рискованное мероприятие. Это факт, что многие трейдеры потеряли деньги таким образом, а некоторые даже испытали, что их брокер отказался удовлетворить запросы на снятие средств и по сути ушел с их деньгами. Чтобы не попасть в такую ситуацию, важно торговать только с брокерами, которым вы полностью доверяете. Если extrasum не оправдывает эти ожидания, вы можете вместо этого выбрать торговлю с более крупным и авторитетным форекс-брокером, деятельность которого регулируется в таких странах, как австралия или ЕС.



Extrasum review and ratings


Company information


Extrasum is a legally registered forex broker located in saint vincent and the grenadines, but not regulated by any government agency.


Availability


Extrasum accepts clients from all over the world, excluding USA, japan, sudan, syria and north korea.


Distinctive features



  • Simple registration and verification process.

  • Managed account service offered for premium clients.

  • Own pool of PAMM accounts (positioned by the broker as GAMM).

  • 'task trading' program allowing traders to earn money (by accomplishing various tasks) without making any own investments.


Trading instruments


Forex broker offers the following underlying assets for trading.


60+ currency pairs based on major and minor world currencies.
2 metal spot cfds based on gold and silver.
3 energy spot cfds based on crude oil (WTI, brent) and natural gas.


Comprehensive review


Extrasum is a global CFD & forex brokerage company based in saint vincent and the grenadines - a popular offshore jurisdiction for forex brokers to incorporate in due to low taxes and virtually non-existent financial regulations. As a result, extrasum is not regulated by any government agency, and traders should therefore know that they deposit funds with this broker at their own risk.


With that said, however, trading with unregulated forex brokers also comes with a number of benefits. Among these is access to higher trading leverage, an easier sign-up and verification process, and thus also the ability to trade more or less anonymously, which is important for some people.


A special thing that differentiates extrasum from other brokers is something the broker calls “task trading,” which is essentially a way for traders to earn some money without depositing any of their own cash. According to the broker, clients who want to become task traders will have to apply and then go through a 15 day testing period where they have to demonstrate their trading skills. For skilled traders who get approved, various “tasks” will be assigned by the broker, and upon completion participants can allegedly earn payouts of up to USD 5,000 per month.


Moving over to trading instruments, extrasum, like all forex brokers, offers a decent selection of currency pairs to trade in, with more than 60 such pairs to choose from. When it comes to other assets, however, the choices with this broker are much more limited, with only gold, silver, oil and natural gas to trade as cfds. Extrasum is, in other words, one of just a few brokers we have reviewed here on FX-list that does not offer any stock indices, cryptocurrencies or single stocks for trading.


In terms of trading platforms that clients can use, extrasum relies solely on the metatrader 5 (MT5) platform, originally released by the russian firm metaquotes software in 2010. Although the platform is now quite a few years old, it still remains very popular and has a large user base all over the world. As a result, offering this platform is an extra benefit that has the potential to lure over traders who have previously used the same platform at other brokerages.


The account types offered by extrasum includes the four following regular trading accounts:
– nano account, with $25 minimum deposit and spreads from 0.8 pips
– micro account, with $100 minimum deposit and spreads from 0.6 pips
– standard account, with $500 minimum deposit and spreads from 0.5 pips
– raw spread account, with $25,000 minimum deposit and commissions of $12/lot


In addition to the account types mentioned above, extrasum also offers a managed account, where the broker itself places orders on behalf of the client. However, keep in mind that this is a somewhat controversial and risky practice, in particular when using unregulated brokers like extrasum. If funds are lost, or returns are otherwise not as good as promised, there is really nothing a single client can do about it other than switching over to another broker.


All trading accounts with extrasum can of course be funded with major payment cards like visa and mastercard, in addition to the commonly accepted e-wallets neteller, skrill, sticpay, and upaycard. Cryptocurrency deposits, however, are not accepted by this broker.


In conclusion, it is worth reiterating that trading with offshore forex brokers that are unregulated is a risky endeavour. It is a fact that many traders have lost money this way, and some have even experienced that their broker refused to honor withdrawal requests and essentially walked away with their money. To avoid getting into such a situation, it’s important to only trade with forex brokers you fully trust. If extrasum does not live up to these expectations, you may therefore instead choose to trade with a bigger and more reputable forex broker regulated in countries like australia or in the EU.





So, let's see, what was the most valuable thing of this article: extrasum review – do not open a forex trading account with extrasum before reading this review! At extrasum

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