First Index Review

First Index was a Forex & CFD broker that is licensed by ASIC in Australia.

First Index is owned by AGM Markets Pty Ltd and located at; 189 Balaclava Rd, Level 1, Caulfield North Victoria 3161 Australia. Contact phone number is: +61 3 9068 8900, and customer support email address is: [email protected]. Official website: https://www.firstindex.com.

First Index Review

A review of the Forex broker First Index shows that they give investors the classic MetaTrader4 trading platform. Also available for investors to use is the Panda web based trading platform, along with their mobile apps. You will find more than 300 underlying assets listed for trading CFD’s, including all the popular Major & Minor Forex Pairs, Market Indexes, Individuals Shares, and Commodities like Brent, Crude Oil, Platinum, Coffee, and Sugar.

Their website and customer support is currently only available in English. Maximum leverage on Forex pairs goes as high as 500:1, and spreads on the Euro Dollar pair are as low as 0.08. Trading on leverage is very risky, and new traders should make sure they fully understand the risks associated with using margin.

You can choose from three different account types, with the minimum deposit for a Pro Account being $200.

First Index License

When the Scam Broker Investigator reviews a new Forex or Bitcoin broker to determine if they are a scam or legitimate company, the first thing we look for is a valid brokers license.

Smart Investors, always use an ASIC licensed and regulated broker, to be sure that their money is stored in segregated bank accounts. If you want to see how the scams operated you can read this.

Compare Your Forex Broker!

“An educated investor is a successful investor.” Take a few minutes to review a few different brokers, before making your final decision.

We ask current First Index clients to please share your experience with this broker, in the comments section below.