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Rating Index

Pros

Prime of prime services with tailored liquidity solutions
Competitive spreads and multiple platform access
Diverse range of market instruments available for trading

Cons

Lack of proper regulation and concerns regarding a suspected clone license
Absence of educational resources for traders
Potential difficulties with fund withdrawals and overall security risks

FX Connect broker Accounts

FX Connect Account Type

FX Connect offers a variety of account types tailored to meet the needs of different clients. The available account types include:

  • Agency Account:
    • Suitable Clients: Clients with existing prime broker relationships.
    • Supported Products: Spot FX and Gold.
    • Margin Requirement: None.
    • Commission Fees: None.
    • Connectivity: FIX API and GUI interfaces.
    • Margin Account:
      • Suitable Clients: Institutional clients seeking liquidity.
      • Supported Products: Spot FX and Gold.
      • Margin Requirement: None.
      • Commission Fees: None.
      • Connectivity: FIX API and GUI interfaces.
      • Bridge Account:
        • Suitable Clients: Institutional clients wishing to post margin with FX Connect.
        • Supported Products: Spot FX, Precious Metals, and CFDs.
        • Margin Requirement: Required.
        • Commission Fees: None.
        • Connectivity: MT4 bridge via OneZero.

        These account types allow clients to access bespoke liquidity services and cater to a range of trading preferences and strategies.

        FX Connect Broker Account Opening Process

        Opening an account with FX Connect involves several steps:

        • Personal Details: Fill in personal information such as name, date of birth, and address.
        • Documentation: Provide identification documents, proof of address (e.g., utility bill), and proof of payment method (e.g., credit card scan).
        • Questionnaire: Complete a questionnaire to assess your trading knowledge and suitability.
        • Account Approval: The account may take a few days to be approved, after which you will receive login details for both the broker portal and the trading platform.
        • Funding Your Account: Once approved, you can deposit funds using various methods available in the broker portal.
        • After completing these steps, you will be able to trade on the FX Connect platform.

FX Connect accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
FX Connect Account