Company profile
FXTRADING.com Review Summary in 10 AspectsFounded2014HeadquartersSydney, AustraliaRegulationASICMarket InstrumentsForex, Crypto, CFDs, Share CFDs, Commodities, Spot Metals, Energies, IndicesDemo AccountAvailableLeverage2000:1EUR/USD SpreadFrom 0.0 pipsTrading PlatformsMT4, MT5, WebTraderMinimum deposit$50Customer Support24/5 live chat, phone, emailWhat is FXTRADING.com? FXTRADING.com is an online brokerage firm that offers trading services for various financial instruments such as forex, cryptocurrencies, shares, commodities, spot metals, energies, and indices. The company was established in 2014 and is headquartered in Sydney, Australia. FXTRADING.com is regulated by the Australian Securities and Investments Commission (ASIC). The broker provides its clients with a range of trading platforms including MetaTrader4 (MT4), MetaTrader5 (MT5)and WebTrader. It offers several trading tools and educational resources. FXTRADING.com also has a 24/5 customer support team that can be reached via phone, email, and live chat.Pros & ConsProsCons• Regulated by ASIC• Clients from the USA, Ontario Province inside Canada, North Korea, Iran and New Zealand are not accepted• Wide range of trading instruments• Multiple trading platforms and tools available• Comprehensive education resources• Variety of payment methods• 24/7 AI customer supportIs FXTRADING.com Legit? FXTRADING.com is a regulated and licensed broker. GLENEAGLE SECURITIES (AUST) PTY LIMITED is authorized and regulated by the Australia Securities & Investment Commission (ASIC), holding a Market Making license under license no. 337985. GLENEAGLE ASSET MANAGEMENT LIMITED is authorized and regulated by the Australia Securities & Investment Commission (ASIC), holding a Market Making license under license no.226199. Gleneagle Securities Pty Limited, is authorized and regulated by the Vanuatu Financial Services Commission (VFSC), holding a Retail license under license no.40256.Market Instruments FXTRADING.com offers a diverse range of trading instruments for their clients, covering over 10,000 instruments. These instruments include Forex, Crypto CFDs, Share CFDs, Commodities, Spot Metals, Energies, and Indices. Clients have access to a variety of popular trading pairs in the forex market, as well as a selection of cryptocurrencies and share CFDs from leading global companies. Additionally, they offer various spot metals such as gold and silver, as well as energies like crude oil and natural gas, and indices from around the world.Account Types FXT offers two account types. The Pro Account is tailored for veteran financial professionals, offering industry-leading commissions of $2 per round/per lot, raw spreads from 0.0 pips, market-leading swap rates, and deep liquidity pools for sophisticated trading strategies. On the other hand, the Standard Account provides zero-commission trading, spreads starting from 1.0 pips, and an efficient trading environment with fast execution and market-leading swap rates.FeaturePro AccountStandard AccountBase Currency OptionsAUD, USD, EUR, GBP, SGD, NZD, CAD, HKDAUD, USD, EUR, GBP, SGD, NZD, CAD, HKDSpreadRaw SpreadsVariable from 1 pipCommission$2 USD per lot / per sideNoneLeverageMaximum 2000:1Maximum 2000:1Maximum Opening Orders per Account200 positions200 positionsMaximum Pending Orders per Account200 positions200 positionsMaximum Lots per OrderEquity Indices: 250 Lots, Other Asset Classes: 100 LotsEquity Indices: 250 Lots, Other Asset Classes: 100 LotsMinimum Deposit$50 USD$50 USDMinimum Trade Size0.01 Lots0.01 LotsPlatformsMT4, MT5MT4, MT5Leverage FXTRADING.com offers a maximum leverage of up to 1:2000, which is a generous offer and ideal for professional traders and scalpers.Spreads & Commissions The spreads and commissions depend on accounts and instruments. For clients on the Standard account, they can have variable spreads from 1 pip and there is no commission, while for clients on the Pro account, they can enjoy raw spreads from 0 pips but have to pay a commission of $2.0 per lot.Trading Platforms FXTRADING.com offers MT4 & MT5 trading platforms to meet the diverse needs of its clients. One of the most popular platforms is MetaTrader 4 (MT4), available for PC, Mac, iOS, Android, and as a web-based version. MT4 is a user-friendly platform equipped with advanced charting tools, technical indicators, and automated trading options. In addition to MT4, FXTRADING.com also provides MT5, allowing you to start trading directly after opening an account without the need for any additional downloads.Trading Tools FXTRADING.com provides its clients with a wide range of trading tools to enhance their trading experience. These tools include FXT Navigator, which allows traders to view market data and analyze it through a customizable interface. Trading Central offers daily technical analysis and market insights, while the Economic Calendar provides traders with the latest economic news and announcements that can impact the financial markets. Market Sentiment offers a view on how other traders are positioned on various instruments, while API Trading and VPS are advanced tools designed for more experienced traders who use algorithmic trading strategies and need reliable and fast connectivity.Deposits & Withdrawals In terms of deposit and withdrawal, like many good brokers, FXTRADING.com provides a detailed form with important information about currency, payment method, minimum amount, arrival date, fees, etc. Deposits include PayPal, VISA, MasterCard, Neteller, UnionPay, Local Internet Banking, POLi, International Bank Wire Transfer and Local Bank Transfer. The minimum deposit requirement is $50 to open an account. Most deposits are instant and no fees are charged. By contrast, Clients can withdraw with PayPal, VISA, MasterCard, Neteller, International Bank Wire Transfer, UnionPay and Local Bank Transfer. Please note that withdrawal processing times may vary depending on the selected method and any applicable fees or restrictions may apply. Most withdrawals can be processed in 24 hours without any fees.Fees FXTRADING.com does not charge any deposit and withdrawal fees, but there may be additional fees charged by banks or other intermediaries involved in the transfer of funds.Customer Service FXTRADING.com offers customer support 24/7 AI support, and 24/5 via email, phone, and live chat. It supports both English and Chinese. Their website also includes a FAQ section with answers to commonly asked questions. You can also follow them on some social networks including Facebook, Twitter, LinkedIn, Instagram and Twitter.Frequently Asked Questions (FAQs) Is FXTRADING.com legit? Yes. It operates legally under regulations of ASIC and VFSC. At FXTRADING.com, are there any regional restrictions for traders? Yes. Restricted Countries: the USA, Ontario Province inside Canada, North Korea, Iran and New Zealand. Does FXTRADING.com offer the industry-standard MT4 & MT5? Yes. It supports MT4 and MT5. What is the minimum deposit for FXTRADING.com? The minimum initial deposit to open an account is $50. Risk Warning Online trading carries substantial risk, potentially leading to the total loss of invested funds.
HLHN
Vietnam
On 07/03, I opened an investment order on the platform, but the system notified me that the investment order was faulty and rejected. I checked my active orders and found that there was no active order. After about 30 seconds, the system automatically re-entered the previous rejected orders. I tried to close the order, but the system did not allow it and displayed an error message "operation error" without closing my investment order. I reset the website to check again, but the website reported a system error and I couldn't log in to my account. I checked my network connection and everything was normal. I could still browse other websites or access YouTube as usual. After 30 minutes, I was able to access the platform's website again and found that all my previous orders had been executed and all of them were burned. I reported the issue to the platform, but they tried to delay the process and denied responsibility, claiming that it was my fault. The platform also engages in price manipulation, and the charts on the platform are not accurate. Everyone should be cautious before trusting this investment platform!!!!
Exposure
03-17