FOIyte

Information about the FOIyte Platform

FOIyte describes itself as the best European brokerage platform for trading Contracts for Difference (CFDs). FOIyte has been in the financial markets for 6 years. Currently, the platform serves 37,300 active traders and has a daily turnover of $80 million.

FOIyte platform addresses:

  • foiyte.com,

  • trade.foiyte.com.

Approximately 340,000 orders are placed on the site daily, and traders have access to over 250 trading instruments.

Trading Instruments and Platforms of FOIyte

The FOIyte broker offers trading with assets in various markets:

  • precious metals market,

  • market of shares of major companies,

  • stock indices market,

  • commodities market,

  • Forex market,

  • cryptocurrency market.

FOIyte promises to provide a powerful trading platform that works efficiently on various devices.

FOIyte Trading Accounts

FOIyte offers a choice of several types of trading accounts:

  1. Beginner. The minimum deposit is $150, basic assets are available, and leverage is 1:100.

  2. With experience. Minimum deposit – $1000. In addition to the benefits of the “Beginner” account, the trader receives deposit insurance and access to precious metals and cryptocurrencies.

  3. Professional. Minimum deposit – $10,000. The user gains access to trading any assets and round-the-clock support.

Account Funding and Withdrawal from FOIyte

Account funding methods are available in the personal account immediately after registration on the platform. FOIyte claims that withdrawal requests are usually processed in about 5 minutes, but in rare cases, it may take up to 24 hours. Information on fees and limits is available during the operation.

Conclusion

FOIyte provides limited information about its activities. The financial indicators presented on the site are not confirmed. The company does not demonstrate documents confirming its legality. There is no information about regulators. All this may raise doubts among potential clients. It is recommended to read reviews of other users about the FOIyte platform.