Overall CedarFX is considered low-risk with an overall rating of 7 out of 10. CedarFX offers leverage up to 1:500 with low spreads and zero commissions for the 0% Commission Account.
CedarFX at a Glance
| 🔎 Broker's Name | CedarFX |
| 📍 Headquartered | St. Vincent and the Grenadines |
| 📅 Year Founded | 2020 |
| ⚖️ Regulating Authorities | Not regulated |
| 🌐 Countries not accepted for trade | No restricted countries mentioned |
| ☪️ Islamic account (swap-free) | Yes |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | No |
| 📊 Managed Accounts | No |
| 📈 Maximum Leverage | 1:500 |
| 💰 Minimum Deposit | $10 in Bitcoin / R 166,12 |
| 💳 Deposit Options | Wire Transfer, Visa, MasterCard, BTC |
| 💳 Withdrawal Options | BTC |
| 💻 Platform Types | Web Trading, MT4 |
| 📱 OS Compatibility | Windows, Apple (Mac), Windows Phone, Android, iPhone |
| 📈 Tradable assets offered | 170 different assets: 55 different Forex currency pairs, 64 stocks, 11 indices, metals, and commodities, along with 35 crypto pairs. |
| 👨💼 Languages supported on Website | English |
| 👥 Customer Support Languages | English |
| 📆 Customer Service Hours | 24/7 |
| 🚀 Open an Account | 👉 Click Here |
Min Deposit
USD 10 in Bitcoin
Regulators
Not Regulated
Trading Platform
MT4, WebTrading
Crypto
Yes
Total Pairs
55
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Choose your quick section of our Cedar FX review below.
CedarFX Review – 22 key points quick overview:
CedarFX at a Glance- CedarFX Review – 22 key points quick overview:
- CedarFX Overview
- CedarFX Safety and Security
- CedarFX Leverage
- CedarFX Accounts
- CedarFX Market instruments
- CedarFX Fees
- CedarFX Trading platforms
- How to open a CedarFX account step by step
- CedarFX Customer support
- CedarFX Education
- CedarFX Research
- CedarFX Awards
- CedarFX Best Countries by Traders
- CedarFX Current Popularity Trend
- CedarFX vs Etoro vs XM – Comparison Table
- CedarFX Customer Reviews
- CedarFX Pro and Cons
- Conclusion
- Disclaimer
- Frequently Asked Questions
Cedar FX also has an impressive commitment to supporting the environment with NGO Ecology, supporting planting trees, and reducing carbon footprints around the world.
CedarFX Overview
According to research in South Africa, Cedar FX is a CFD broker launched in 2025 in St. Vincent and the Grenadines, focused on an eco-friendly stance, ultra-fast withdrawals, ultra-low spreads, and zero commissions for the 0% Commission Account.
It gives access to over 170 popular assets, including 35 different cryptocurrency pairs and 55 Forex pairs.
CedarFX Safety and Security
One of the best benchmarks to measure the safety of a broker like Cedar FX is to establish which regulating authorities are watchdogs over its actions.
Based in St. Vincent and the Grenadines, Cedar FX is not regulated by any government regulators. Although this is a negative, Cedar FX still must follow all the laws of its jurisdiction, and it complies with the Know Your Customer and Anti-Money Laundering regulations placed on brokers in the European Union.
A benefit of not being regulated is that the broker can offer leverage of more than 1:30 as all the EU-regulated brokers have been limited to, and traders can have access to leverage of as much as 1:500 on some assets.
CedarFX Leverage
Leverage is a facility that enables you to get a much larger exposure to the market you are trading than the amount you deposited to open the trade. Leveraged products, such as forex trading, magnify your potential profit – but also increase your potential loss.
Leverage amount is expressed as a ratio, for instance, 50:1, 100:1, or 500:1. If you have $1,000 in your trading account and you trade ticket sizes of 500,000 USD/JPY, your leverage will equate to 500:1.
Margin is the amount of collateral to cover any credit risks that may arise during your trading operations. It is expressed as the percentage of position size (e.g., 5% or 1%), and you must have funds in your trading account to ensure sufficient margin.
For example, on a 1% margin, a position of $1,000,000 will require a deposit of $10,000. The margin level in a trading account needs to be equal to or more than 100% to be able to open new trades, otherwise, your trading account will be fully hedged.
Cedar FX offers a maximum leverage ratio of 1: 500, depending on the type of instrument you are trading. Cedar FX offers 1:200 leverage for indices and commodities, 1:100 leverage for all crypto pairs, 1:500 leverage for Forex and metals, and 1:20 leverage for stocks.
CedarFX Accounts
A forex account at Cedar FX is a trading account that you will hold and that will work similarly to your bank account, but with the difference that it is primarily issued with the purpose of trading on currencies.
Forex Islamic accounts are also known as swap-free accounts as they imply no swap or rollover interest on overnight positions, which is against the Islamic faith.
Often, the number and type of accounts that a trader can open with a broker company differ depending on the country in which it operates and the regulatory authorities under whose jurisdiction it falls.
CedarFX offers the following types of accounts:
Unlimited Demo Account
- Cedar FX provides a demo account that is limitless in both time and virtual funds. The demo account must be used at least once every 14 days, otherwise, it is shut down and the trader would need to request a new demo account.
- There are two live account types offered by Cedar FX — the 0% Commission Account and the Eco Account.
The Zero Commission Account
- This primary standard account that most traders prefer is the 0% commission account. It has no commissions or additional fees and ultra-low spreads.
- No deposit or withdrawal fees are charged, and cryptocurrency withdrawal requests are processed the same day to reflect in a user’s wallet.
Ecological Awareness Account
The Eco-account is designed to allow traders to help reduce the carbon footprint of humans on the planet. The Eco-account does come with a $1 commission on each lot traded, with Cedar FX matching this commission and sending each month’s proceeds to Ecology, a non-profit entity that plants trees and works to reduce the carbon footprint on the Earth. For each lot traded 10 new trees are planted.
Min Deposit
USD 10 in Bitcoin
Regulators
Not Regulated
Trading Platform
MT4, WebTrading
Crypto
Yes
Total Pairs
55
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
CedarFX Market instruments
The most popular market instruments available from most brokers for trading include:
Forex
Forex trading describes the currency exchange market which refers to the global, decentralized marketplace where individuals, companies, and financial institutions exchange currencies for one another at floating rates.
Commodities
Commodity markets offer many investment opportunities for traders. Soft commodities have been traded for centuries and play a significant role in portfolio diversification and risk management. Investing in contract-based tradable goods is a reliable way to mitigate risk during times of economic uncertainty.
Indices
Equity, or stock indices, are actual stock market indexes that measure the value of a specific section of a stock market. They can represent a specific stock market or a specific set of the largest companies of a nation.
Precious metals
The trading of gold and other precious metals, along with crude oil, copper, or petroleum, are hard commodities that play a significant role in the commodities market and are contract-based tradable goods.
Energy
The typical feature of energy prices is high volatility due to the influence of political and environmental factors, supply and demand, extreme weather conditions, and global economic growth.
Cedar FX offers the following of the above:
At Cedar FX clients can trade more than 170 individual assets from the following asset classes:
55 different Forex currency pairs, 64 stocks, 11 indices, metals, and commodities, along with 35 crypto pairs.
CedarFX Fees
Cost depends on several factors, like spread and margins, and Cedar FX clients may also experience different fee structures according to their country or place of residence.
It should only take a couple of minutes until you can choose an asset and trade. The minimum deposit on Cedar FX in bitcoin is $10 and the minimum deposit available for other types of payment methods is $30. Traders can make deposits using EUR, USD, GBP, and BTC.
CedarFX Trading platforms
The forex trading platform provided by Cedar FX to its clients is the software to carry out their trades. Some brokers provide only one, others quite a few platforms.
A multi-asset trading platform is one that allows clients to trade forex as well as other asset classes. The decision about which platform to choose will usually depend on what a client would like to trade.
Cedar FX provides the MetaTrader 4 platform to its clients, with its powerful tools and simple interface to easily start trading, although powerful enough for seasoned traders who run the most complex trading strategies.
The MT4 platform can be downloaded for Windows PCs, accessed as a Web Trader, and is available for both Android and iOS devices.
How to open a CedarFX account step by step
A CedarFX account can be opened easily by using the following simple steps:
Step 1 – Open Your Account
You create an account on the sign-up page of the site and once you have created and verified your account, you will be directed to fill out a form with all the relevant details needed.
Step 2 – Fill out the form
Similarly, to a bank, to register a forex trading account with CedarFX for the first time, you will be required to go through a basic “know your customer” process, which will allow Cedar FX to ascertain that your submitted details and ensure the safety of your funds and account details.
With CedarFX the process is fast and easy with a simple form with your full name, email address, and strong password to register an account. There is even the option to use your Facebook or Google account to register and log into the account.
Traders can open as many demos and live accounts as they like and can also open simultaneous 0% Commission and Eco Accounts.
Min Deposit
USD 10 in Bitcoin
Regulators
Not Regulated
Trading Platform
MT4, WebTrading
Crypto
Yes
Total Pairs
55
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
CedarFX Customer support
Potential traders need to make sure the broker company they chose will offer sufficient support whenever they need it.
In the case of Cedar FX customers can reach the support team 24/7 via live chat and email, a web form, or they offer a call-back service where they will make a phone call to the client at the time and number requested.
Unfortunately, Cedar FX currently only offers support in English.
CedarFX Education
Before starting to trade, potential clients of Cedar FX should avail themselves of all the information and trading skills needed to be successful in the world of forex and commodity trading.
Cedar FX offers several educational answers for traders in the form of FAQs.
The demo accounts are a further help to traders to learn more about the platform and learn by trial and error. You can open as many demo accounts as you like before opting for a live account.
CedarFX Research
To be able to trade with confidence, traders should do as much research about this kind of speculative trading before commencing, but also preceding every daring deal to ensure that they do not lose money unnecessarily and trade as profitably as possible.
With CedarFX they have access to a few online research options, calendars, and market news.
CedarFX Awards
CedarFX Best Countries by Traders
| 🌎 Country of Trade | 📌 % of Traders |
| 🥇Switzerland | 26.99% |
| 🥈United States | 16.83% |
| 🥉Netherlands | 10.83% |
| 🥈Finland | 10.61% |
| 🥉United Kingdom | 6.18% |
CedarFX Current Popularity Trend
As According to Google Trends, here is an overview of how frequently the search term – “CedarFX” is entered into Google’s search engine over a given period of time.
CedarFX vs Etoro vs XM – Comparison Table
| 🔎 Broker | 🥇CedarFX | 🥈 eToro | 🥉 XM |
| 💰 Minimum Deposit | $10 in Bitcoin / R 166,12 | $1000 USD | $5 USD |
| 📝 Sign-Up Bonus | No | ☑️ Yes | ☑️ Yes |
| ➕ Max. Leverage | 1:500 | 1:400 | 1:888 |
| 💵 Currency Pairs | _ | 47 | 57 |
| 🚀 Open an Account | 👉 Click Here | 👉 Click Here | 👉 Click Here |
Min Deposit
USD 10 in Bitcoin
Regulators
Not Regulated
Trading Platform
MT4, WebTrading
Crypto
Yes
Total Pairs
55
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
CedarFX Customer Reviews
Almost perfect.
Being an awarded company instills extra confidence in traders. However, despite CedarFX being acclaimed by customers, there is no indication of awards won on its homepage.
Almost perfect, but please let us have more deposit/withdrawal options aside from cryptocurrencies.
Great but bringing in more deposits means
They are great but they have to bring more deposit means, great site.
One of the Best out there
Eco-friendly (They plant trees), helpful service and the Deposit(minimum 10$) / Withdrawal(minimum 10$) works really nice even if it’s still only bitcoin.
If you are new to trading I highly recommend you start with this broker.
CedarFX Pro and Cons
| ✔️ Pros | ❌ Cons |
| A 0% Commission account is available | Offshore Broker |
| Eco-friendly account option available | No VIP account options |
| High leverage can be used | No industry awards yet |
| Unlimited number of live and demo accounts | Rely on Bitcoin for deposits and withdrawals |
Conclusion
Overall, CedarFX is a focused eco-friendly stance, with ultra-fast withdrawals, ultra-low spreads, and zero commissions for the 0% Commission Account.CedarFX offers traders the MetaTrader suite of platforms as well as a basic web and mobile app.CedarFX has a Maximum Leverage of 1:500
Disclaimer
Cedar FX warns potential customers that Forex and CFD trading always carries a substantial risk and may not be suitable for all investors.
Before deciding to trade with Cedar FX, potential traders are advised to carefully consider their investment objectives, financial situation, needs, and level of experience before investing money they cannot afford to lose.
Cedar FX warns that margin trading involves the potential for profit as well as the risk of loss and that movements in the price of foreign exchange and commodities are very unpredictable, hence Cedar FX cannot guarantee a maximum loss that a trader may suffer, according to research in South Africa.
Risk Management
CedarFX is a financial risk management company that provides a range of services to help businesses and individuals manage their exposure to financial risks.
Some of the services offered by CedarFX include foreign exchange risk management, interest rate risk management, commodity risk management, and credit risk management.
The company uses a combination of financial products, such as derivatives and hedging strategies, to help clients manage their risks. Additionally, CedarFX provides clients with access to its online risk management platform, which allows them to view and manage their risk exposures in real-time.
Frequently Asked Questions
How many instruments can I trade with Cedar FX?
You can trade several different instruments with CedarFX, which includes 170 different assets:
- 55 different Forex currency pairs
- 64 stocks
- 11 indices
- metals
- commodities
- 35 crypto pairs
Is CedarFX Broker a fake or a scam?
Based in St. Vincent and the Grenadines, Cedar FX is not regulated by any government regulators. Although this is a negative, Cedar FX still must follow all the laws of its jurisdiction, and it complies with the Know Your Customer and Anti-Money Laundering regulations placed on brokers in the European Union.
Which platforms are supported by Cedar FX?
Cedar FX provides the popular MT4 trading platform.
What are the advantages of trading with CedarFX Broker?
With a 0% Commission Account, traders can trade all assets without paying any commission to the broker. With an Eco Account, traders are charged a $1 commission per lot traded, and all commissions will be used to support environmental causes through Ecology.
What is the overall rating out of 10 for Cedar FX?
The overall rating for Cedar FX IS 7/10.
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