IsandisoFX Forex broker specializes in providing foreign exchange trading services, the company's official website https://client.isandisofx.com/register/trader/multi-step, the company's legitimate regulatory information South AfricaFSCACommon Business Registration, to enhance the security of the company's address 2ND FLOOR, 201 Beacon Rock, 21 Lighhouse Road , Umhlanga Rocks , 4320.
IsandisoFX Forex Broker
Basic information
South Africa
1-2 years Regulated in South Africa Common Business Registration MT5 Full LicenseCompany profile
IsandisoFX is a forex broker who provides five types of asset insspanuments via MT5 trading platform. It offers three types of live accounts with accepspan minimum deposits of $1.
Pros and Cons
| Cons | |
| MT5 supported | High spread from 1.2 pips |
| 24/7 customer service | |
| Acceptable minimum deposit | |
| Various ways to deposit and withdraw |
Is IsandisoFX Legit?
IsandisoFX is regulated by FSCA with the license number of 52985.
What Can I Trade on IsandisoFX?
IsandisoFX offers over 70 forex, metals such as gold and platinum, indices including Nasdaq, US500, and DE40, shares and commodities. It also supports CFDs spanning these five asset classes.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Metals | ✔ |
| Cryptocurrencies | ❌ |
| Shares | ✔ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Account Type
IsandisoFX offers three kinds of live accounts --- Mini, Standard, and Managed accounts with the minimum deposit of $1, $100 and $100 respectively. These accounts are all suitable for traders who start with a small amount of capital with acceptable minimum deposits.
| Account Type | Base Currency | Minimum Trade Size | Minimum Deposit |
| Mini | USD | 0.01 Lot | $1 |
| Standard | $100 | ||
| Managed | $100 |
IsandisoFX Fees
IsandisoFX's three types of accounts have spread from 1.2 pips and the maximum leverage of 1:400. What's more, the spread and swaps for short and long positions vary depending on the specific asset instrument.
| Asset Instrument | Spread (pips) | Short Swap (points) | Long Swap (points) |
| Forex | |||
| CADCHF | 2.0 | -7.3 | 0.0 |
| CADJPY | 2.5 | -15.6 | 0.0 |
| Metals | |||
| Palladium | 16.55 | -0.54 | -1.61 |
| Platinum | 7.4 | -0.5 | -1.5 |
For a comprehensive understanding of their fee structure and a detailed view of their offerings, you can go through the website.
Trading Platform
IsandisoFX provides the MetaTrader 5 (MT5) trading platform across multiple devices, including Windows, iOS, Android, and web-based versions. MT5 is an advanced online trading system that combines market charts, technical analysis, and order execution into a single, comprehensive tool.
Deposit and Withdrawal
IsandisoFX supports deposits and withdrawals via Bank Transfer, ozow, Skrill, VISA and NETELLER.
Customer Service
You can contact IsandisoFX through phone, email, Telegram, and WhatsApp, available 24/7.
| Contact Options | Details |
| Phone | +27 031 576 0403 |
| service@isandisofx.com | |
| Support Ticket System | ❌ |
| Online Chat | ❌ |
| Social Media | ❌ |
| Supported Language | English |
| Website Language | English |
| Physical Address | Connect Space 201, 21 Lighthouse Road, Umblanga Rocks, Durban, 4319, South Africa |
The Bottom Line
In conclusion, IsandisoFX offers regular forex business for their traders with various trading products. It offers three kinds of accounts and MT5 trading platform, which suitable for novices and advanced traders.
FAQs
Is IsandisoFX a good for beginners?
Yes. It offers regular forex products and acceptable minimum deposit of $1, in which novice can start with small capital.
What trading platform does IsandisoFX have?
IsandisoFX offers the world most popular MT5 platform for trading.
Rating Index
Managed
Mini
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Latest Reviews
Garry Lux
New Zealand
IsandisoFX MT5 platform is really impressive—it's very responsive and makes trading so easy. The order execution is fast and accurate, with no slippage issues. That's the main reason I've stayed with them.
Positive
2024-05-29
MingRuie
Singapore
Generally, IsandisoFX is a great choice for traders like me, who want a user-friendly platform, but you might have to pay a bit more for it. Their platform is easy to use, order execution not slow...However, their spreads can be a bit wide.
Neutral
2024-07-11