Overall, FXTrading.com can be summarised as a credible and trusted broker that is very competitive in terms of its trading fees (against major currency pairs). Spreads offered are very low with an overall trust score of 99 out of 100.
FXTrading.com at a Glance
| Broker's Name | FXTrading.com |
| 📍 Headquartered | Australia |
| 📅 Year Founded | 2009 |
| ⚖️ Regulating Authorities | The Australian Securities and Investments Commission (ASIC) No. 337985 The Vanuatu Financial Services Commission (VFSC) No. 40256 |
| 🌐 Countries not accepted for trade | United States |
| 📒 Account Types | Standard account Alpha account |
| ☪️ Islamic account (swap-free) | No |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | Yes |
| 📊 Managed Accounts | Yes |
| 📈 Maximum Leverage | 1:500 |
| 💰 Minimum Deposit | $100/R1 600 ZAR |
| 💳 Deposit Options Withdrawal Options | Credit/Debit Cards (Visa and MasterCard) PayPal Skrill Neteller Bank Wire Transfer Local Bank Transfer |
| 💰 Sign up bonus | None |
| 💻 Platform Types | MetaTrader 4 MetaTrader 5 Iress |
| 📈 Tradable assets offered | Forex Metals Energies CFDs on cryptocurrencies CFDs on indices |
| 📱 OS Compatibility | Web browsers, Windows, MacOS, Linux, Android, iPhone, tablets, iPads |
| 👨💼 Languages supported on Website | English, Chinese (Traditional and Simplified), Vietnamese |
| 👥 Customer Support Languages | Multilingual |
| 📆 Customer Service Hours | 24/5 *twenty four hours, five days a week. |
| 📌Open an account | 👉 Click Here |
|---|
Min Deposit USD 100 Regulators ASIC, VFSC Trading Platform MT4, MT5, Iress Crypto Yes Total Pairs 0 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
FXTrading.com Review – A Key 20-Point Quick Overview
- ✅FXTrading.com at a Glance
- ✅FXTrading.com Overview
- ✅FXTrading.com Sign Up Bonus
- FXTrading.com Minimum Deposit
- FXTrading.com Account Types
- Standard Account
- Alpha Account
- FXTrading.com Demo Account
- Islamic Account
- How to Open an FXTrading.com Account
- FXTrading.com Trading Platforms
- FXTrading.com Fees and Spreads
- Deposits and Withdrawals
- FXTrading.com vs Other Brokers
- FXTradinf.com Customer Reviews
- FXTrading.com Current Popularity Trend
- FXTrading Pros and Cons
- Conclusion
- Disclaimer
- Frequently Asked Questions
FXTrading.com Overview
According to research in South Africa, FXTrading.com is an Australian company founded in 2009 with headquarters in Sydney, Australia. FXTrading.com is an Australian foreign exchange trading (FOREX) brokerage firm, regulated by: The Australian Securities and Investments Commission (ASIC) and The Vanuatu Financial Services Commission (VFSC)
The company originally opened in Australia due to the strong financial, economic, and political landscape, as well as Australia’s highly regulated financial sector and long-term track record.
FXTrading.com Sign Up Bonus
FXTrading.com does not offer a sign-up bonus. However, traders who register a real account with FXTrading.com are eligible for a 10% deposit bonus which also counts as a welcome bonus.
Traders who deposit between $1,000/R16 000ZAR up to $50,000 are offered a 10% bonus up to a maximum of $5,000/R80 000ZAR. This bonus is paid into the trading account as trading credit and can therefore not be withdrawn.
FXTrading.com Minimum Deposit
FXTrading.com charges a minimum deposit amount of $100. This minimum deposit is the average that most brokers charge, The minimum deposit required is equal to R1 600 ZAR at the current exchange rate between the US Dollar and the South African Rand.
FXTrading.com Account Types
FXTrading.com offers the following types of accounts:
📒 Standard Account
📒 Alpha Accounts
Standard Account
The Standard Account is an entry-level account that is offered by FXTrading.com which caters to most traders. This is regardless of whether traders are beginners or more experienced traders who do not yet qualify as professionals.
The Standard Account has the following features:
| 💳 Currency | USD, EUR, GBP, AUD, NZD, SGD, ZAR and CAD |
| 📉 Spreads | 0.1 pips |
| 💰 Commission | Zero |
| 📊 Leverage | Maximum 500:1 |
| 📉 Products Offered | Forex, metals, energies, commodities, cryptos & index CFDs |
| 💳 Minimum Trade Size | 1 Micro Lot (0.01 Lots) |
| 📍 Swaps | Standard swaps |
| 📈 Maximum Lots per Order | Indices: 250 Lots; Other asset classes: 100 Lots |
| 📒 Demo account | 30 day access |
| 📌Open an account | 👉 Click Here |
|---|
Alpha Account
The Alpha Account caters to professional traders who would like to get more out of their trading with some of the most competitive trading conditions and a transparent, comprehensive fee schedule.
The Alpha Account has the following features:
| 💳 Currency Options | AUD, USD, EUR, GBP, SGD, NZD, CAD, ZAR |
| 📉 Spread | 0.0 pips |
| 💰 Commission | $2 USD per lot / per side ($2.5 AUD, €1.8 EUR, £1.8 GBP, $2.5 SGD, $2.5 NZD, $2.5 CAD) |
| 📊 Leverage | Maximum 500:1 |
| 💳 Minimum Deposit | No Minimum |
| 📊 Products Offered | Forex, metals, energies, commodities, cryptos & index CFDs |
| 💳 Minimum Trade Size | 1 Micro Lot (0.01 Lots) |
| 📍 Swaps | Alpha swaps |
| 📈 Maximum Lots per Order | 0.01 Lots |
| 📌Open an account | 👉 Click Here |
|---|
FXTrading.com Demo Account
FXTrading.com offers a demo account that can be used for any of the following purposes:
As a practice account for beginner traders who need to build up trading skills and experience. More experienced traders who wish to test out their strategies in a risk-free environment. As a way for traders to test out FXTrading.com’s offering before registering a live trading account.
Islamic Account
The purpose of an Islamic Account is that it caters specifically to Muslim traders who follow Sharia law. The law prevents its followers from paying any type of interest, such as overnight fees, which is seen as wasteful or exploitive
Despite the popularity of Islamic Accounts amongst brokers, FXTrading.com does not offer this option to Muslim traders. This means that Muslim traders must ensure that they close all open trading positions before the trading day concludes.
How to Open an FXTrading.com Account
Similar to a bank, to register a forex trading account with FXTrading.com for the first time, you will be required to go through a basic “know your customer” process, which will allow FXTrading.com to ascertain that your submitted details and ensure the safety of your funds and account details.
Step 1 – Start the process
In order for the applicant to start the process, they can simply click on the “Open Account” button on the FXTrading.com homepage.
Step 2 – Complete Registration
The second step in the account registration process is to complete a short and simple registration form with a full name, email, and password. Once the registration form has been completed, the applicant can accept the privacy policy and click “Continue”.
Step 3 – Download Platform
The third step in the account registration process is to download the trading platform and fill in the login details received in order to start trading
Min Deposit USD 100 Regulators ASIC, VFSC Trading Platform MT4, MT5, Iress Crypto Yes Total Pairs 0 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
FXTrading.com – Trading Platforms
The forex trading platform provided by FXTrading.com 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.
FX Trading.com provides the MetaTrader4, MetaTrader5, and IRESS platforms as the only trading platform. It is available for PC and Mac as well as Android, iPhone, and tablets.
FXTrading.com Fees and Spreads
Cost and fees depend on different factors, like spread and margins, and FX Trading clients may also experience different fee structures according to their country or place of residence.
Traders can expect the following:
| 📒 Accounts | 📒 Standard Account | 📒 Alpha Account |
| 💳 Spreads | 0.0 pips | 0.0 pips |
| 💰 Commission | Commission free trading | $2.0 per side ($2.5 AUD, €1.8 EUR, £1.8 GBP, $2.5 SGD, $2.5 NZD, $2.5 CAD) |
| 📊 Leverage maximum | 500:1 | 500:1 |
| 📌Open an account | 👉 Click Here | 👉 Click Here |
|---|
FXTrading.com Deposits and Withdrawals
Accounts usually require a certain minimum initial deposit, which can be paid in several ways. Withdrawals can usually be done in the same ways, but sometimes differ. In the case of FXTrading.com, the following methods and minimum deposits are required: $200/R3 200 ZAR
The following methods can be used to fund accounts and execute withdrawals:
💳 Credit/debit cards
💳 Neteller
💳 Skrill
💳 Poli
💳 PayPal
💳 Wire Transfer
Currencies allowed to be used are USD, EUR, GBP, AUD, NZD, SGD, ZAR, and CAD. FXTrading.com does not charge any extra fees for deposits and withdrawals with bank wires, but it does with cards. Many charges come with the use of cards with the brokers and international payments come with their charges as well. Most withdrawals are processed within 24 hours except for bank transfer which takes 2 – 5 business days.
Min Deposit USD 100 Regulators ASIC, VFSC Trading Platform MT4, MT5, Iress Crypto Yes Total Pairs 0 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
FXTrading.com vs Other Brokers
| 🔎 Broker | 🥇 FXTrading.com | 🥇 eToro |
| 💰 Minimum Deposit | $200 | $1000 USD |
| 💰 ZAR | R3 200 ZAR | R16 000 ZAR |
| 📝 Sign-Up Bonus | No | ☑️ Yes |
| 💰 Spreads | 0.0 pips | 1 pip |
| ☪️️ Islamic Account | No | Yes |
| 💳 Demo trading | Yes | Yes |
| 📌 Open an account | 👉 Click Here | 👉 Click Here |
|---|
FXTrading.com Customer Reviews
Highly recommended
I found FXTRADING.com through a friend and decided to give them a try. From the moment I called in, it was clear that they truly know what customer satisfaction is all about. – Симеон Рошльов
The customer service is out of this world and they really know what they’re doing. Whenever I have a problem, there’s always someone on the other end to help me out. They are also very timely in their transactions and execution, which is good. – Gabriel Pușcașu
They are professional, honest, and fast
They are professional, honest, and fast to respond to all inquiries. I will continue to enjoy trading with this company for years to come. – Wuttichai ongphithak
FXTrading.com Current Popularity Trend
According to Google Trends, here is an overview of how frequently the search term – “FXTrading.com” is entered into Google’s search engine over a given period of time.
FXTrading Pros and Cons
| ✅ PROS | ❌ CONS |
| Regulated by ASIC | High minimum deposit |
| Offers PAM and MAM trading | |
| MetraTrader4 platform | |
Conclusion
FX Trading.com is regulated by the Australian Securities and Investments Commission (ASIC) and The Vanuatu Financial Services Commission (VFSC) is required by law to hold client funds in segregated trust accounts, adding an extra level of protection to your capital.
You might also like: FXTrading.com Demo Account – Step by Step
You might also like: FXTrading.com Account Types Overview
You might also like: FXTrading.com Fees and Spreads
You might also like: FXTrading.com Minimum Deposit
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Disclaimer
Any advice included in this website or correspondence is general advice only and is based solely on consideration of the investment or trading merits of the financial products alone, without taking into account the investment objectives, financial situation, and particular needs (i.e. financial circumstances) of any particular person.
Before making an investment or trading decision based on the advice, the recipient should carefully consider the appropriateness of the advice in light of his or her financial circumstances and should carefully review the Product Disclosure Statement regarding the relevant financial product as provided by your investment broker. You could lose substantially more than your initial investment. The following countries are not allowed to open accounts with FX Trading: USA, North Korea, Vanuatu, and Iran, according to research in South Africa.
Frequently Asked Questions
TRADING ENVIRONMENT
How many instruments can I trade with FX Trading?
You can trade several different instruments with FX Trading, which include the following:
- Forex
- CFD
- Indices
- Commodities
- Metals
Which platforms are supported by FX Trading?
FX Trading provides MetraTrading4 as the only trading platform,
Does FX Trading offer leverage?
Yes, FX Trading offers a maximum leverage of 1:400
What spreads can I expect with FX Trading?
FX Trading offer spreads on the Standard account that vary from 1.0 – 1.5 pips. On the PRO account spreads average at 0.3 pips on EUR/USD, which are followed by a $2.5 fee per lot.
Does FX Trading charge commission?
FX Trading does not charge commissions on the Standard account but on the PRO account commission charged is $3.5 per lot.
Is FX Trading regulated?
Yes, FX Trading is regulated by ASIC.
Is FX Trading a recommended forex trading broker for experts and beginners?
FX Trading offers a trading environment for experienced traders. Besides the demo account it does not provide a suitable environment for beginner traders.
What is the overall rating out of 10 for FX Trading?
5/10
ACCOUNTS
What is the difference between a demo and live trading account?
A demo account is offered by broker companies and funded with virtual money that enables a prospective customer to experiment with the company’s trading platforms and its features, before setting up a real account funded with the customers actual money.
Does FX Trading offer a demo account?
Yes
How long is the demo account valid?
The demo account can be used at real time prices and trading conditions for a period of 30 days.
Which live trading accounts does FX Trading offer?
- Standard Account
- PRO Account
What are the available deposit currencies for a live trading account?
USD, EUR, GBP, AUD, NZD, SGD, and CAD.
DEPOSITS AND WITHDRAWALS
What is the minimum deposit for FX Trading?
- Standard accounts – $200
- PRO accounts – $1 000
How do you make a deposit and withdrawal with FX Trading?
AC MARKETS offers the following deposit and withdrawal methods:
- Credit/debit cards
- Neteller
- Skrill
- Poli
- PayPal
- Wire Transfer
Does FX Trading charge withdrawal fees?
No, but fees from financial institution may apply.
How long does it take to make a withdrawal?
Withdrawals are usually done within 24 hours, but bank wires can take between 2 – 5 days.
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