FDFX Forex Broker

FDFX Review SummaryFounded2001Registered Country/RegionNew ZealandRegulationUnregulatedMarket InstrumentsForex, Stocks, Futures, Options, Gold & Silver, Oil & Gas, Fixed Income, Energy DerivativesDemo Account✅Leverage1:200SpreadFrom 2 pips (Retail account)From 1 pip (Institutional account)Trading PlatformMT4/5Min Deposit$500Customer SupportContact formEmail: info@fdfx.comAddress: PWC Tower 188 Quay Street Auckland 1010, Rome Eur Viale Luca Gaurico 9/11 Rome 00143, Paseo de la Castellana 95-15, Madrid Financial District - Torre Europa, Madrid Based in New Zealand, FDFX is an unregulated forex broker that was established in 2001. FDFX offers trading in Forex, Stocks, Futures, Options, Gold & Silver, Oil & Gas, Fixed Income, and Energy Derivatives via the MT4 and MT5 platforms. Demo accounts are available and the minimum deposit requirement to open a live account is as high as USD 500.Pros and ConsProsConsVarious trading optionsNot regulatedDemo accountsHigh minimum depositMT4 and MT5 supportedLimited payment optionsMultiple contact channelsIs FDFX Legit? No, FDFX is not regulated by any reputable financial body. Please be aware of the risk!What Can I Trade on FDFX? FDFX offers various trading options, including Forex, Stocks, Futures, Options, Gold & Silver, Oil & Gas, Fixed Income, and Energy Derivatives. Forex: On-line trade in 150 currency pairs. Stocks: Trade stocks on 22 of the world's largest exchanges. Futures: Includes and not limited to metals, energy, petroleum, financial instruments, foreign currencies, stock indexes, and agricultural products. Fixed Income: Commercial Paper (CP and ECP), Government Bonds, Repurchase (Repo) and Structured Products. Energy Derivatives: Brent Crude: 0.2 Gasoil, ULSD, Jet, Fuel Oil. WTI Crude: Gasoline, Heating Oil.Tradable Instruments Supported Forex✔Stocks✔Futures✔Options✔Gold & Silver✔Oil & Gas✔Fixed Income✔Energy Derivatives✔Indices❌Cryptocurrencies❌Bonds❌ETFs❌Account Type FDFX not only provides live accounts but also sets up demo accounts for traders to practice their trading strategies. The minimum deposit to open a real account is $500.Account TypeMin DepositSuitable forFor personsUSD 500Beginners and experienced tradersFor companiesUSD 50,000Money managers, hedge fundsLeverageAsset ClassMax LeverageMajor currency pairs1:200Minor currency pairs1:100Metals1:50 It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.SpreadAccount TypeSpreadFor persons2 pipsFor companies1 pipTrading PlatformTrading PlatformSupported Available Devices Suitable for MT4✔Web, Desktop, Android, iOSBeginnersMT5✔Windows, Android, iOSExperienced tradersDeposit and WithdrawalDeposit FDFX accepts bank wire transfer, e-payments and ACH as payment methods for deposit. Bank wire transfer: USD, EUR, GBP, CAD, JPY, HKD, SGD to the following banks: HSBC, BARCLAYS and Rietumu Banka E-payments: PayPal, WebMoney, echeck (for verified clients of payment systems only)Deposit OptionMin DepositBank wire transfer$500E-payments$500ACH$500 for Mini and $2 000 for 100KWithdrawal FDFX only accepts withdrawals via International Wire Transfer. To withdraw funds, FDFX provides the Withdrawal Form to fill out and sign. Any requests to withdraw funds will be processed within 2 business days.