Direct FX Review
Note: Direct FX has closed and is no longer operating. We recommend clients explore other quality brokerage options available on our site. You can view our other quality broker listings here.
Direct FX has been in operation since 2006, with the partners having over 40 years trading experience. Direct FX has a strong dedication to offering the best trading platforms and products in the industry.
Currently there are 3 trading platforms allowing for access of 400+ trading products. Direct FX’s team of dedicated professionals relentlessly work to ensure clients have the best trading environment in the industry.
Typical Spread on Majors
| EUR/USD | 1.6 |
| GBP/USD | 2 |
| USD/JPY | 1.6 |
- Company Info
| Headquarters | Sydney, Australia |
| Type of Broker | STP & ECN/STP |
| Founded | 2006 |
| Regulated By | Regulated By ASIC (Australia) |
| Offices In | Australia, United States, China |
| Supported Languages | English, Chinese, Portuguese |
| ESMA Regulation ? | This broker is not regulated within the E.U and is not subject to ESMA's new Forex and CFD trading restrictions. To find out more about these restrictions, please see this article |
- Account Details
| Account Currencies | USD |
| Minimum Deposit | $100 |
| Traders from USA Allowed | No |
| Clients Funds Segregated | Yes |
| Interest on Margin | No |
| Islamic Accounts | Yes |
| Islamic Account Restrictions | On Request Only |
| ECN / STP Accounts Offered | Yes |
| Commission on STP or ECN | $7 / Lot round trip |
| VIP Accounts Offered | Yes |
| VIP Account Requirements | $15,000 Minimum Deposit |
| Mini Accounts Offered | Yes |
| PAMM / MAM Solutions | Yes |
| API Solutions | Yes |
| Mobile Trading | Yes |
| Web Based Trading | No |
| Funding Methods | Credit/Debit Cards, Wire Transfer, Neteller, Srill, UAE Exchange, China UnionPay |
| Withdrawal Methods | Credit/Debit Cards, Wire Transfer, Neteller, Srill, UAE Exchange, China UnionPayy |
- Platform Details
| Platforms Offered | MetaTrader 4, MetaTrader 4 Mobile, MetaTrader 4 iOS, MetaTrader 4 Android, CQG FX |
| NO of Pairs | 48 |
| Pricing Digits | 5 |
| Trade off Charts | Yes |
| One-click Execution | Yes |
| Email Alerts | Yes |
| Mobile Alerts | No |
| Trading Server Time | GMT + 2 |
| Demo Account Expiry | 30 Days |
| VPS Offered | Yes |
- Trading Details
| Dealing Desk | No |
| Maximum Leverage | 400:1 |
| Minimum Contract Size | 0.01 |
| Execution | Market Execution |
| Hedging | Yes |
| Scalping | Yes |
| Scalping Restrictions | Yes |
| Option of OCO | Yes |
| Option of FIFO | Yes |
| Liquidity Providers | 14+ |
- Additonal Instruments
| CFD's | Yes |
| Metals | Yes |
| Oil | Yes |
| Stocks | Yes |
| Futures | Yes |
| Indices | Yes |
Direct FX Reviews
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