Forex.ee Account Types

Forex.ee offers six different account types: the STP Account, Basic ECN, Advanced ECN, Crypto Account, the Premium ECN as well as the PAMM Account option. with equally attractive trading conditions

Forex.ee at a glance

Overall Rating

• 3.6/5

Read Review

OPEN AN ACCOUNT

Min Deposit

USD 50

Regulators

MEAE

Trading Platform

MT4

Crypto

Yes

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

Choose your quick section of our Forex.ee Account Types below.

Forex.ee Account Types Revealed – A Key 11 Point Quick Overview

1. ✅Forexee at a glance
2. ✅Forex.ee Overview
3. ✅Forex.ee Account Types
4. Forex.ee Account Features
5. How to open a Forex.ee Trading account – Step by Step
6. Forex.ee Demo Account
7. Forex.ee Islamic Account
8. Forex.ee Pros and Cons
9. Forex.ee Customer Reviews
10. Conclusion
11. Frequently Asked Questions

Trading is facilitated on the industry-leading MetaTrader 4 platform, which is the most popular trading platform due to its multiple easy-to-use trading tools.

Forex.ee Overview

Forex.ee is originally an Estonian Forex broker that is presently headquartered in St Vincent and the Grenadines and regulated offshore. The broker offers access to a wide variety of popular asset classes, including Forex Currency pairs, CFDs, Cryptocurrencies, Commodities, and Indices.

Trading is facilitated on the industry-leading MetaTrader 4 platform, which is the most popular trading platform due to its multiple easy-to-use trading tools. The software was introduced in 2005 and since then has been greatly improved by developers of MetaQuotes Software.

Traders are further offered several useful trading tools by Forex.ee, which include Level2 Plugins, margin and pip value calculators, commission calculators, and regularly updated currency exchange rates. Forex.ee’s standout feature is the access to its ECN trading environment. ECN (Electronic Communications Network) is an order processing system that excludes conflicts of interest between a broker and clients.

Traders can select from various live account options, a comprehensive demo account, and an Islamic account which provides swap-free conditions for traders of the Muslim faith. Furthermore, PAMM accounts are available for money managers for specially adapted trading conditions.

With STP technology (Straight-Through Processing), all orders are transferred directly to the liquidity providers and can be seen on the platform by other traders. Thus, trading with the use of ECN/STP technology is performed in such a way that all orders are placed in the common liquidity pool, which allows selecting orders of the matching instrument, price, and volume for automatic ultra-fast execution.

Forex.ee provides a competitive trading environment with excellent pricing and fast execution. Potential traders should however keep in mind that the broker is still licensed offshore and therefore client deposit security cannot be fully guaranteed.

Forex.ee Account Types

Forex.ee offers six different account types: the STP Account, Basic ECN Advanced ECN, Crypto Account, the Premium ECN as well as the PAMM Account. with equally attractive trading conditions: no requotes, tightest spreads, and ability to trade in periods of higher market volatility.

Forex.ee Account Features

STP Account

Basic ECN Account

Advanced ECN

Premium ECN

Crypto Account

PAMM Account

The PAMM service is a software solution created for copying trades from Master accounts to Follower accounts and automatic distribution of profits and losses. PAMM Account holders use their own capital and the capital of those managed to trade in the Forex market, while followers can analyze the performance using special tools.

With Forex.ee PAMM Service, Masters can combine their knowledge and experience with the capital of Followers to achieve mutually beneficial results. Forex.ee PAMM service offers the best advantages of both ECN and STP technologies, which allows masters to use the most appropriate trading strategies and thereby maximize profits.

As such, Forex.ee does not set any restrictions on the trading strategies of account managers: you are welcome to use algorithmic trading, scalping, or high-frequency trading. The Forex.ee PAMM Service provides special conditions for cryptocurrency traders. You can trade both Fiat and cryptocurrency pairs and maximize your profitability using the most innovative financial instruments.

Followers can open Investor accounts nominated in the most popular cryptocurrencies and make deposits in Bitcoin, completely avoiding conversion and deposit fees. Another advantage of the service is the protection of account users’ funds from any potential account mismanagement. This is achieved by segregating all deposits from those accessed by account managers.

How to open a Forex.ee Trading account – Step by Step

Opening an account with Forex.ee will require the following procedures:

 Step 1 – Navigate to the Forex.ee website

Navigate to the open live account section on the Forex.ee website. This can be found at the top of the landing page

 Step 2 – Forex.ee account registration page

Here you will find a link to the registration page. Fill out the required details, including your email address, and contact details

 Step 3 – Forexe.ee log in details

Save the generated login and password and click Finish. Your account has been successfully registered and you can start trading

Forex.ee Demo Account

The demo account from Forex.ee can be used to test out the various trading features without having to risk real funds in the process. Users have access to the MetaTrader 4 platform which will allow them to make use of Expert Advisors, Advanced Charts and Mobile Trading.

Quotes on demo accounts differ from quotes on real trading accounts. On real trading accounts Forex.ee has quotes from more than 10 liquidity providers. Quotes on demo accounts are not as competitive because the broker is constantly testing new liquidity providers. Also, on demo accounts opened orders influence the spread.

Forex.ee Islamic Account

Forex.ee provides Swap-free accounts for Muslim clients. In Islamic accounts, no SWAP fee will be charged or added when your open positions are rolled over the night or weekend. Otherwise, Islamic accounts’ trading conditions are the same as regular ECN or STP accounts. Traders will be charged an additional commission for overnight positions on STP and ECN Islamic accounts. The commission equals to SWAP.

Traders on the Islamic Account will be granted access to the MetaTrader 4 platform. MT4 has a wide range of technical indicators and graphic objects to set in a chart window. It allows traders to monitor market changes, perform technical analyses and develop trading strategies of their own. Also, MT4 has an option of one-click trading right in the chart window.

Also known as ‘no swap accounts’, Islamic trading accounts allow Muslims to engage in online forex trading in compliance with Sharia law. With 25% of the world’s population practicing the Islamic faith, Islamic forex trading has continued to gain popularity worldwide.

Essentially, an Islamic forex trading account charges no swap or rollover interest on positions held overnight in the forex market. An administration fee is, however, charged on some accounts to open positions.

Overall Rating

• 3.6/5

Read Review

OPEN AN ACCOUNT

Min Deposit

USD 50

Regulators

MEAE

Trading Platform

MT4

Crypto

Yes

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

Forex.ee Pros and Cons

Forex.ee Customer Reviews

Forex.ee has a large selection of commodities 

Forex.ee has a large selection of commodities in its asset list. If you’re into commodities trade, this brokerage firm is a great choice! – Anton

Forex.ee offers various rebates

Forex.ee seems to offer a $15 welcome bonus along with extra bonuses for ECN and STP traders. In my opinion, they are good offerings. – Bernice

Affiliate programs

I enjoy the opportunity given by forex brokers to earn an income for referrals through IB and Affiliate programs, filled in my application waiting to see how profitable it can be – Dow

Conclusion

Forex.ee can be described as a broker which has created a profitable trading environment for clients. Traders are provided with the immensely popular MetaTrader 4 platform through which trades can be executed. Forex.ee has over 10 years of experience in the forex industry however, the broker could benefit from better regulation.

Overall Rating

• 3.6/5

Read Review

OPEN AN ACCOUNT

Min Deposit

USD 50

Regulators

MEAE

Trading Platform

MT4

Crypto

Yes

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

You might also like: Forex.ee Review

You might also like: Forex.ee Account Types Overview

You might also like: Forex.ee Demo Account – Step by Step

You might also like: Forex.ee Fees and Spreads

You might also like: Forex.ee Islamic Account Overview

You might also like: Forex.ee Minimum Deposit

You might also like: Forex.ee Sign up Bonus

Frequently Asked Questions

Can traders from South Africa open a Forex.ee trading account?

Forex.ee is accessible to traders in various countries, including South Africa.

Does Forex.ee have ZAR accounts?

ZAR accounts are not offered by Forexe.ee

How many instruments can I trade with Forex.ee?

Forex.ee offers a good variety of assets and instruments, and covers the following asset classes:

• Forex Currency pairs
• CFDs
• Cryptocurrencies
• Commodities, and
• Indices

Is Forex.ee a good broker to choose if I am new to trading?

Forex.ee caters for beginner traders through demo accounts that simulate live trading conditions.

Does Forex.ee offer leverage?

Yes. Forex.ee offers a maximum leverage ratio of 1:500, which is higher than that offered by many other brokers in the industry.