- Slim product portfolio
- No investor protection
- Limited research tools
FXTRADING.com is a forex and CFD broker that offers low forex fees. The account opening process is fast and simple, while deposits and withdrawals are user-friendly and free of charge.
On the negative side, FXTRADING.com has a limited product portfolio covering only forex and CFDs. There is also no investor protection provided and we missed some research tools, like fundamental data.
FXTrading Feature
| Regulation | ASIC, VFSC |
| Account Types | Standard, Pro Accounts |
| Trading Platforms | MT4, MT5 |
| Trading Instruments | CFDs on Forex, Crypto, Share, Commodities, Spot Metals, Energies, Indices |
| Minimum Deposit | $50 |
| Average EUR/USD Spread | 1 pip |
| Demo Account | Available |
| Account Base Currencies | USD, AUD, GBP, EUR |
| Trading Education | Market News, FXT Analysis, Trading Insight |
| Customer Support | 24/5 |
Fee
FXTRADING.com has low forex fees and it doesn’t charge a fee for withdrawal or inactivity. However, CFD fees are not the best on the market.We compared FXTRADING.com’s fees with two similar brokers we selected, Fusion Markets and TMGM. These competitors were selected based on objective factors like products offered, client profile, fee structure, etc. See a more detailed comparison of FXTRADING.com alternatives.Low forex CFD fees
FXTRADING.com charges a forex commmission: $2.00 commission per lot per trade. Spread costs come on top of this, e.g. the EUR/USD spread is 0.1.
Low index CFD fees
All index CFD fees are built into the spread. For example, the spread for S&P 500 index CFDs is 1.3.
No inactivity fee, no withdrawal fee
Specifically, FXTRADING.com charges no account, inactivity, deposit or withdrawal fees. There is a currency conversion fee, but it is low.
Safety
FXTRADING.com is a legit brokerage. It is regulated by the top-tier ASIC and offers negative balance protection. However, there is no investor protection and the company does not hold a banking license.Deposit and withdrawal
FXTRADING.com provides many deposit and withdrawal options, most of which are free. On the other hand, it is not possible to open subaccounts in different currencies.Mobile app
FXTRADING.com has a great mobile trading platform, provided by MetaTrader 4. It is well-designed and user-friendly, but lacks a more secure login.Desktop platform
In design and functionality, FXTRADING.com’s MetaTrader 4 desktop platform is almost the same as the web trading platform. One major difference is that you can set price alerts.
