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Does exenico have requirements on minimum deposits? How do they vary?
Genti Rousos
Greece
Dec 22, 2025
ANSWER Dear Investor, Regarding the minimum deposit requirement for EXENICO, we recommend that you contact their official customer support team directly for the most accurate and up-to-date information. EXENICO states that EXENICO (CY) LTD (formerly Grandis Securities Ltd) is a company registered in the Republic of Cyprus and is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 343/17. Our verification confirms that this claim matches exactly with the details published on the official CySEC register, including the authorized trading website, which corresponds to EXENICO’s current platform. Therefore, we can fully verify EXENICO’s regulatory status with CySEC. However, please always exercise caution when trading. Forex and CFD trading involve significant risk. Should you encounter any issues, we encourage you to reach out to EXENICO’s support team promptly, and if necessary, escalate the matter through corresponding complaint channels.
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The minimum deposit for Tier1FX is pretty high, is it safe?
Marzena
Laos
Jul 02, 2025
ANSWER Dear Investor, Tier1FX claims to be the branded offering of the online brokerage division of Hogg Capital Investments Limited, which claims to be licensed and authorised by the Malta Financial Services Authority (MFSA). Upon investigation, we confirmed that Hogg Capital Investments Limited is indeed the MFSA licensee, and that the Tier1FX domain is listed in its details. However, while the entity appears to be licensed, investors should remain cautious: regulatory status does not guarantee full compliance or eliminate the risk of misconduct. Forex trading itself carries high risks, and returns often depend heavily on your financial knowledge and trading experience. If you are new to trading, we strongly recommend that you start with a demo account before committing real funds. Choosing a broker that supports a low minimum deposit is also advisable. As always, due diligence is essential. Make sure you research thoroughly before investing, and remember that there’s always more to learn in the trading world.
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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.