Search

TRADE FX Forex Broker keeps up-to-date with the latest trading account information, including ECN, Premium, Standard maximum leverage of 1:2000, trading varieties, and more

Rating Index

Pros

MT4 available, offering advanced charting tools and automated trading options.
VPS service offered for clients, allowing for automated trading without needing a personal computer.
Reasonable leverage levels that align with industry standards, providing traders with flexible trading power.

Cons

Lack of regulation, as TradeFX is not licensed by the Monetary Authority of Singapore (MAS).
High spreads on demo accounts, with actual spreads being significantly higher than advertised.
Relatively high minimum investment required, with a starting deposit of $250, which may be off-putting for new traders.

TRADE FX broker Accounts

ECN

Environment
--
Currency
--
Maximum Leverage
1:2000
SupportedEA
Minimum Deposit
$ 5000
Minimum Spread
from 2
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
No
Products
--

Premium

Environment
--
Currency
--
Maximum Leverage
1:2000
SupportedEA
Minimum Deposit
$100
Minimum Spread
from 2
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
No
Products
--

Standard

Environment
--
Currency
--
Maximum Leverage
1:2000
SupportedEA
Minimum Deposit
$ 100
Minimum Spread
from 2
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
No
Products
--

Trade Fx Account Type

Trade Fx offers several types of trading accounts tailored to different trading needs and styles. Here are the main account types available:

  • Zero Spread Account:
    • Designed for traders who want to minimize trading costs.
    • No difference between bid and ask price.
    • Ideal for maximizing profits with no spread.
    • Commission-Free Account:
      • Allows traders to execute trades without incurring commission charges.
      • Suitable for all levels of traders, from beginners to advanced.
      • ECN Account:
        • Provides access to the interbank market with direct access to liquidity providers.
        • Offers competitive spreads and low trading commissions.
        • Ideal for traders looking for a transparent and efficient trading environment.
        • IB Partner Account:
          • Tailored for introducing brokers to earn commissions on client trading activity.
          • Includes benefits like real-time reporting and customized commission structures.
          • Islamic Account:
            • Fully compliant with shariah law for Muslim traders.
            • Allows trading without incurring interest.
            • Standard Account:
              • Minimum deposit: $100.
              • Leverage: up to 1:500.
              • Spread starts from 1.5 pips.
              • Offers social trading (MAM/PAMM) and 24/7 technical support.
              • Premium Account:
                • Minimum deposit: $1,000.
                • Leverage: up to 1:500.
                • Spread starts from 0.8 pips.
                • Also includes social trading and 24/7 support.
                • Popular ECN Account:
                  • Minimum deposit: $5,000.
                  • Leverage: up to 1:500.
                  • Spread starts from 0.0 pips.
                  • Provides social trading and 24/7 technical support.

                  For more details, visit Trade Fx Accounts Type.

                  Trade Fx Broker Account Opening Process

                  To open a trading account with Trade Fx, follow these steps:

                  • Choose Account Type:
                    • Decide which account type suits your trading style and financial goals.
                    • Register:
                      • Visit the Trade Fx website and click on the "Open Account" button.
                      • Fill out the registration form with your personal information, including name, email, and phone number.
                      • Select Account Type:
                        • Choose the desired account type from the options provided.
                        • Provide Documentation:
                          • Submit necessary identification documents such as a valid passport or driver's license for identity verification.
                          • Provide proof of address with a recent utility bill.
                          • Fund Your Account:
                            • Deposit the minimum required amount for your chosen account type.
                            • Trade Fx offers various payment methods including bank transfers and credit/debit cards.
                            • Set Up Trading Platform:
                              • Download and install the chosen trading platform (e.g., MT4 or MT5).
                              • Log in using the credentials provided after registration.
                              • Practice with a Demo Account (Optional):
                                • Before trading with real money, consider using a demo account to practice trading strategies.
                                • Start Trading:
                                  • Once you are comfortable, begin live trading and manage your trades using the platform.

                                  For detailed information, visit How to Open a Forex Account.

TRADE FX accounts can be viewed for products that can be traded -- accounts with a minimum deposit of $ 5000 by (2+) --.
TRADE FX Account