FxNet Forex Broker

FxNetReview SummaryFounded2004-03-22Registered Country/RegionUnited Arab EmiratesRegulationUnregulatedMarket InstrumentsCurrency Pairs/Currencies/Metals/Stocks/Commodities/Stock IndexDemo Account/Leverage/SpreadFrom 0 pipsTrading PlatformMT4(Windows/iOS/Android/Webtrader)Min Deposit/Customer SupportPhone: +357 25 108 111Email: support@fxnet.comFxNet Information FxNet LTD is a Cypriot Investment Firm (CIF) and an STP broker, providing online trading services for Forex and CFDs. The trading instruments also include major and minor FX currency pairs, metals, energies, commodities, stock indices/bonds, and shares of the world's largest companies.Is FxNet Legit? FxNet is not regulated, even though it claims to be authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC), under license number 182/12. Similar suspected cloning situations also occur under the supervision of the Federal Financial Supervisory Authority (BaFin), the Financial Conduct Authority (FCA), and the Autorité des Marchés Financiers (AMF). However, an unregulated broker is not as safe as a regulated one.What Can I Trade on FxNet? FxNet offers various market instruments, including currency pairs, currencies, metals, stocks, commodities, shares, bonds, and stock indexes.Tradable Instruments Supported Stock Index✔Commodities✔Stocks✔Cryptocurrencies✔Precious Metals✔Currency Pairs✔Shares✔Bonds✔Account Type Trade Online Forex Currencies with FxNet through STANDARD, VIP, and PLATINUM accounts with different spreads. With FxNet, traders have direct access to the forex market 24/5.Account Type STANDARDVIPPLATINUM Minimum Spread (points)23180FxNet Fees The spread is from 0 pips. The lower the spread, the faster the liquidity.Trading Platform FxNet cooperates with the authoritative, which is available on Windows, iOS, Android, and Webtrader. Junior traders prefer MT4 over MT5, as prefer MT4 over MT5. MT4 provides various trading strategies and implements EA systems.Trading PlatformSupported Available Devices Suitable for MT4✔Windows/iOS/Android/WebtraderJunior traders