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Genesis FX Markets
New
Genesis FX Markets offers TradeLocker access with GENFX, ECN, and VIP account types. Advertised spreads start from 0.9 pips on GENFX, 0.5 pips on ECN, and 0.01 pips on VIP accounts. WickSummit has not independently verified these advertised terms.
Min Deposit
$10 (GENFX account)
Spreads
From 0.9 pips (GENFX)
Leverage
Up to 1:500
Platforms
TradeLocker
Regulation
Offshore · St. Lucia
Partner link - we may earn a commission
CFDs are complex instruments. 74-89% of retail investor accounts lose money.
Instruments
ForexMetalsEnergiesIndicesStocksCrypto
Pros
- TradeLocker platform
- $10 minimum deposit on the GENFX account
- Tiered GENFX, ECN, and VIP accounts
- Raw spread account options
Cons
- New listing with no WickSummit rating or review count
- Offshore · St. Lucia jurisdiction
- Commission and withdrawal terms require direct confirmation
- CFD trading carries a high risk of loss
Features
TradeLockerRaw SpreadsTiered Accounts
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Last updated:
Risk Warning: Trading foreign exchange (forex) and Contracts for Difference (CFDs) on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade forex or CFDs, you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment, and therefore you should not invest money that you cannot afford to lose.
74-89% of retail investor accounts lose money when trading CFDs with leveraged products. You should be aware of all the risks associated with forex and CFD trading and seek advice from an independent financial advisor if you have any doubts.