FXNet Review
FxNet is proud to be one of the few true STP companies, which is fully licensed and regulated. FxNet offers STP accounts for all clients, as well as accounts starting from 0 Pips. FxNet clients never experience re-quotes or rejections. Execution time is one of the fastest available, with an average of 2-5ms. FxNet, being a true STP broker, has no conflict of interest with its clients and therefore strives to offer the best trading experience to forex traders.
Typical Spread on Majors
| EUR/USD | 2.3 |
| GBP/USD | 2.3 |
| USD/JPY | 2.4 |
- Company Info
| Headquarters | Limassol, Cyprus |
| Type of Broker | STP |
| Founded | 2012 |
| Regulated By | Regulated By CySEC (Cyprus) |
| Offices In | Cyprus |
| Supported Languages | English, Arabic, Greek, Russian, Chinese, Polish |
| ESMA Regulation ? | This broker is regulated within the E.U and may be 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, EUR, GBP, JPY, RUB, CZK, PLN |
| Minimum Deposit | $50 |
| Traders from USA Allowed | No |
| Clients Funds Segregated | Yes |
| Interest on Margin | No |
| Islamic Accounts | Yes |
| Islamic Account Restrictions | Muslim Faith Only |
| ECN / STP Accounts Offered | No |
| Commission on STP or ECN | $12 / Lot round trip (Platinum Account) |
| VIP Accounts Offered | Yes |
| VIP Account Requirements | $2,000 Minimum Deposit |
| Mini Accounts Offered | No |
| PAMM / MAM Solutions | Yes |
| API Solutions | No |
| Mobile Trading | Yes |
| Web Based Trading | Yes |
| Funding Methods | Credit/Debit Cards, Wire Transfer, Skrill, Neteller, Webmoney , China UnionPay, Qiwi, Fastbank, Przelewy24 |
| Withdrawal Methods | Credit/Debit Cards, Wire Transfer, Skrill, Neteller, Webmoney , China UnionPay, Qiwi, Fastbank, Przelewy24 |
- Platform Details
| Platforms Offered | MetaTrader 4, MetaTrader 4 Mobile, MetaTrader 4 Android, MetaTrader 4 iOS, WebTrader |
| NO of Pairs | 50 |
| Cryptocurrency Trading | Yes |
| Pricing Digits | 5 |
| Trade off Charts | Yes |
| One-click Execution | Yes |
| Email Alerts | Yes |
| Mobile Alerts | Yes |
| Trading Server Time | GMT + 2 |
| Demo Account Expiry | Non-Expiring |
| VPS Offered | Yes |
| Free VPS Conditions | Minimum $2000 Account Balance |
- Trading Details
| Dealing Desk | No |
| Maximum Leverage | 500:1 |
| Minimum Contract Size | 0.01 |
| Execution | Market Execution |
| Hedging | Yes |
| Scalping | Yes |
| Scalping Restrictions | No |
| Option of OCO | Yes |
| Option of FIFO | No |
| Liquidity Providers | 3+ |
| Negative Balance Protection | Yes |
- Additonal Instruments
| CFD's | Yes |
| Metals | Yes |
| Oil | Yes |
| Stocks | Yes |
| Futures | Yes |
| Indices | Yes |
FXNet Reviews
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