CedarFX Forex Broker

CedarFX Review SummaryFounded2018Registered Country/RegionMauritiusRegulationNo regulationMarket InstrumentsForex, Commodities, Crypto CFDs, CFDs, Indices, StocksDemo Account✅Leverage/EUR/USD Spread0.0–0.2 pips (with 0% Commission Account)Trading PlatformMetaTrader 4 (MT4), Web TraderMinimum Deposit$10Customer SupportLive chatCedarFX Information CedarFX, established in 2018 and incorporated in Mauritius, is an unregulated broker that trades over 180 assets, including forex, commodities, stocks, indices, and cryptocurrency CFDs. It offers two types of accounts (0% commission and Eco) and supports MT4 on PC, mobile, and online platforms.Pros and ConsProsConsZero-commission tradingNo regulationSupports crypto deposits & withdrawalsNo MT5Offers both live and demo accountsNo swap-free (Islamic) accountInactivity fee chargedIs CedarFX Legit? CedarFX is an unregulated broker. Although it claims to be registered in Mauritius, the country lacks a recognized financial authority that oversees or regulates FX or CFD brokers. According to Whois records, the domain cedarfx.com was registered on March 21, 2018, last updated on March 22, 2025, and will expire on March 21, 2027. The domain status is currently set to “client delete prohibited,” “client renew prohibited,” “client transfer prohibited,” and “client update prohibited”.What Can I Trade on CedarFX? CedarFX provides over 180 financial assets, including forex, indices, commodities, stocks, futures, and cryptocurrency CFDs. Traders have access to major, minor, and exotic currency pairs, global indexes, precious metals, oil, and a diverse variety of top company stocks. Tradable InstrumentsSupportedForex✓Commodities✓Crypto CFDs✓CFDs ✓Indices✓Stocks✓Bonds✓Options✓ETFs✗Account Type CedarFX provides two types of live trading accounts: the 0% Commission Account for cost-conscious traders and the Eco Account for those who want to support sustainability efforts. Both account types are accessible as real or demo accounts, and they may be created using the MetaTrader 4 platform. CedarFX does not specifically specify Islamic (swap-free) accounts on their website.Account Typekey FeaturesSuitable for0% Commission AccountNo commission, low spreads, no transaction fees, 180+ assets, Bitcoin & fiat deposits acceptedCost-conscious traders seeking minimal feesEco Account$1 commission per lot, matched by CedarFX, funds go to Ecologi for environmental projectsTraders wanting to support sustainabilityCedarFX Fees CedarFX's overall fees are lower than industry standards since it charges 0% commission on trades, allowing traders to use their whole deposit at no additional expense. Non-Trading FeesNon-Trading FeesAmountDeposit Fee0Withdrawal Fee0Inactivity Fee$10 USD per month after 180 days of account open, if no deposit in 90 days and no trading activity in 30 daysTrading PlatformTrading PlatformSupportedAvailable DevicesSuitable forMetaTrader 4 (MT4)✔Windows, Android, iOS, Web TraderBeginnersMetaTrader 5 (MT5)❌—Experienced tradersDeposit and Withdrawal CedarFX does not impose deposit or withdrawal fees, however, Bitcoin transactions incur blockchain network/miner costs. The minimum deposit is $10 (Bitcoin) or $50 (other methods), while the minimum withdrawal is $10.Payment MethodMinimum DepositMinimum WithdrawalFeesDeposit TimeProcessing TimeBitcoin$10$10No CedarFX fee, but blockchain/miner fees apply5–60 minWithin 24h + blockchain timeCredit/Debit Card via Instacoins$50-Third-party fees (Instacoins) may applyVaries by Instacoins-Bank Wire via Instacoins