Recommended for
- forex trading 4.0/5
Trusted broker
Regulated by top-tier financial authorities
Popularity
388
people
chose this broker in the last 6 months
BrokerChooser Score
4.3/5
FXTRADING.com review summary
FXTRADING. FXTRADING.com has low forex fees. The account opening process is fast and simple, while the deposit and withdrawal process is user-friendly and free of charge. On the negative side, FXTRADING.com has a limited product portfolio covering only forex and CFDs. There is also no investor protection provided and we missed some research tools, like fundamental data. BrokerChooser gave FXTRADING.com a 4.3/5 rating based on analyzing 500+ criteria and testing via opening a live account.
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FXTRADING.com pros and cons
Pros
Cons
- Low forex fees
- Easy and fast account opening
- Free deposit and withdrawal
- Slim product portfolio
- No investor protection
- Limited research tools
FXTRADING.com main highlights
🗺️ Country of regulation
Australia, Vanuatu
💰 Trading fees class
Low
💰 Inactivity fee charged
No
💰 Withdrawal fee amount
$0
💰 Minimum deposit
$200
🕖 Time to open an account
1 day
💳 Deposit with bank card
Available
👛 Depositing with electronic wallet
Available
💱 Number of base currencies supported
7
🎮 Demo account provided
Yes
🛍️ Products offered
Forex, CFDs (commodities, indices, stocks and crypto)
Fees
FXTRADING.com has low forex fees and the broker doesn’t charge a fee for withdrawal or inactivity. However, CFD fees have some room for improvement.
Account opening
The account opening process at FXTRADING.com is user-friendly and fully digital. It was also very quick, as our account was approved within a day.
Deposit and withdrawal
FXTRADING.com provides many deposit and withdrawal options, and most of them are free. On the other hand, it is not possible to open subaccounts in different currencies.
Web trading platform
FXTRADING.com’s web trading platform is highly customizable and has a clear fee report. However, the platform lacks price alerts and its design is outdated.
Mobile trading platform
FXTRADING.com has a great mobile trading platform, provided by MetaTrader 4. It is well-designed and user-friendly, but lacks a more secure login.
Desktop trading platform
In design and functionality, FXTRADING.com’s MetaTrader 4 desktop platform is almost the same as the web trading platform. One major difference is that you can set price alerts.
Markets and products
FXTRADING.com offers only forex and CFDs on commodities, indices and cryptos for trading. Share CFDs are available only with IRESS accounts. This means that many popular asset classes, like real stocks and ETFs, are not available.
Research
FXTRADING.com has OK research tools, including some trading ideas and a quality news feed. However, there is no fundamental data and only limited analytic tools.
Customer service
FXTRADING.com’s customer service is great across the board, so you’ll be in good hands with your broker-related questions. On the negative side, support is not available 24/7.
Education
FXTRADING.com offers a wide range of learning materials including a demo account, educational videos and courses. However, only a few webinars are available (in Chinese).
Safety
FXTRADING.com is regulated by the top-tier ASIC and offers negative balance protection. However, there is no investor protection and the company does not hold a banking license.