275
General Information
Broker Name:FXTRADING.com
Broker Type:CFD brokerage
Country:Australia
Operating since year:2014
Regulation:ASIC, VFSC
Address:Level 27, 25 Bligh Street Sydney NSW 2000 Australia
Broker status:Active
Customer Service
Phone:+61 (0) 2 8039 7366
Email:[email protected]
Languages:English, Chinese, Vietnamese
Availability:24/5
Trading
Trading Platforms:Proprietary, MetaTrader 4, MetaTrader 5
Demo Account:Yes
Mobile trading:Yes
Web based trading:Yes
Other trading instruments:forex, metal, energy, commodity, crypto & index CFDs
Account
Minimum deposit ($)$0
Maximal leverage (1:?)1:500
Spread: Raw
Scalping allowed: Yes

FXTRADING.com Review 2021

 

REVIEW CONTENT

  •                     Introduction
  •                     Trading Accounts
  •                     The Trading Conditions
  •                     Trading Elements
  •                     Safety of Funds, Regulations, and Licenses
  •                     Payment and Withdrawal Options
  •                     Customer Support Information
  •                     FXTRADING.com Review Conclusion

 

FXTRADING.com Review: Take a 30 day free trial of our FX/CFD platform

General Information

FXTRADING is an Australian broker registered under the name Gleneagle Markets Pty Ltd. It has been operating since 2014 under the name of RubixFx. So far, they have not been part of any news or scams, which is reassuring. Since they’ve been operating for a while, their clean sheet is actually comforting.

In this FXTRADING.com review, we will discuss the pros and cons. The goal is to inform you of the maximum. We want to help you choose the right broker for your trading, so please read this review to the fullest.

In summary, FXTRADING has a broad array of trading services fitting various trader needs. The trading conditions consistently stay ahead of the curve, providing incremental advantages that add up. The broker is also regulated, which means a lot since currently, a lot of brokers forgo any sort of licensing.

Another thing we should mention is that the website runs quite smoothly, although it may look a tad outdated. We can cut the broker a break here, since visuals are the least impactful thing about a brokerage. Also, the broker is quite new user-friendly, with educational materials and multiple intuitive platforms to choose from.

Trading Accounts

FXTRADING has 2 trading account types available, Standard, and Alpha. Naturally, the standard variation is suitable for all investors, but primarily meant for newer ones. It has full functionality and a low initial deposit requirement. The other is more suitable for traders with some experience, as they provide more specialized features.

account tyes: alpha account and Standard account

Standard Account

  • Minimum deposit: $0 (No minimum deposit)
  • Minimum trade size: 0.01 lots
  • Leverage: 1:100 – 1:500
  • Spreads: Variable from 1 Pips
  • Commissions: None

Alpha Account

  • Minimum deposit: $0 (No minimum deposit)
  • Minimum trade size: 0.01 lots
  • Maximum leverage: 1:500
  • Spreads: Raw spreads from 0.0 pips
  • Commissions: $2 USD per lot per side

The minimum deposits are low, and the spreads are tight in comparison to the required price points. That means traders get to keep more money in their pockets than they usually would. The rest of the conditions the accounts bring are also excellent, improving the trading experience.

All accounts have access to multiple platforms, which is not something we often see. The list includes MetaTrader 4, MetaTrader 5, as well as some proprietary and less common options. We’ll explain why that’s useful further in our FXTRADING.com broker review.

Trading Conditions

When trading with FXTRADING, you will be using the MT4 or MT5 platform. MetaTrader 4 and 5 provide all of the needed tools and features, such as advanced charting packages, expert advisors, several technical indicators, extensive backtesting, and more. FXTRADING.com also provides VPS (virtual private server) which allows you to use expert advisors 24 hours a day. Though there will be additional charges with the use of VPS, depending on the trading volume. It could range from $29 to $98 per month.

Trading Conditions, platforms and etc. FXTRADING.com Clients have a chance to take advantage of copy trading with MyFXBook’s AutoTrade. AutoTrade connects to the MT4 platform and operates easily. The goal is to copy trades of the investor of your choice and make your wins and losses accordingly.

As discussed in the account section, there’s no minimum deposit. The tight spreads offered by FXTRADING on Standard account start from 1.0 pips. The Pro and Alpha spreads though, are quite good. The raw spreads minimize the charges, and since the accounts are meant for traders that make larger orders, the fees are negligible. So if you decide you want to be serious about trading, both advanced versions are excellent choices.

The maximum leverage of 1:500 is quite high, but the standard is set to 1:100. You have an option to choose the leverage of your choice, depending on how much you are willing to risk your assets, depending on your trading strategy. The higher the leverage, the higher the risk. Obviously, it applies to the opposite as well. The higher the leverage, the higher the profits. As such, the FXTRADING.com broker brings an opportunity to express your skill with precise predictions.

Trading Elements at FXTRADING.com

At FXTRADING.com, you have an option to trade Forex, CFD indices, commodities, stock CFDs, and crypto CFDs. They provide detailed information regarding all of the financial markets on their website. A lot of brokers leave the info intentionally vague and traders end up disappointed in the selection.

Trading Elements at FXTRADING.com: forex currency pairs, commodities, CFDs, energies, Crypto CFD

Their forex tab discusses the advantages of trading forex and lists the currencies they offer. FXTRADING tells us they offer 44 currency pairs, which includes major, minor and exotic pairs.

The same applies to CFD indices and their other asset classes. FXTRADING explains what CFDs are and what advantages come with trading CFDs. The broker offers a variety of global indices via it’s two platforms.

The commodity choices are also broad, with options from energies, agriculture, and precious metals. They offer spot gold and spot silver, UK and US crude oil. They are discussed on the website, and the options are much broader than the average online broker.

Overall, we are content with the assets offered at FXTRADING.com. This is mainly since the broker discloses the exact instrument, so traders don’t have to hope to find what they are looking for. All the categories are broad and blow similar brokers out of the water. For example, agricultural commodities are especially challenging to find with online brokerages. Additionally, the broker has exact spreads and other details about their trading materials, so you can go in fully informed.

Safety of Funds, Regulations, and Licenses

FXTRADING.com holds a license from a renowned global entity. FXTRADING is registered under the name Gleneagle Markets Pty Ltd, which is regulated by ASIC. ASIC is Australia’s primary regulator for financial businesses, putting the broker in good hands. As we said earlier in our FXTRADING.com review, regulators have become a rarity so this is a major plus.

Additional Information about FXTRADING.com

The website for FXTRADING.com has some stops which users may find frustrating. However, we should note that it’s a part of the broker’s DDOS protection. And while it may marginally slow down users’ browsing, it ensures an uninterrupted and healthy trading environment. The website is also available in multiple language making access simpler for some traders. That’s definitely another advantage, as FXTRADING isn’t afraid of going the extra mile.

And as you could tell from the previous sections of our FXTRADING.com review, the site is extremely detailed. You can find info on everything, down to details about the individual assets FXTRADING.com offers.

Payment and Withdrawal Options

The payment options offered by FXTRADING.com are broad, with numerous options present. The currencies vary with the method of payment. It’s important to note that for most methods the brokerage covers all transaction fees. That’s quite generous and proves FXTRADING’s commitment to satisfying users. Here are some of the broker’s payment options:

  • Credit/Debit cards — USD, EUR, GBP, AUD, THB, VND,MYR, IDR
  • PayPal – All Popular Currencies
  • Bank wire — USD, EUR, GBP, AUD, CAD, HKD, JPY, NZD, SGD (International),
  • USD, AUD, HKD, SGD, VND, MYR, IDR (Local)
  • Neteller – USD, EUR, GBP, AUD, CAD
  • China UnionPay — CNY

Payment and Withdrawal Options FXTRADING.com offers multiple eWallet payment methods, which are quite popular. The currencies line up with the ones offered on the wallet itself. The other popular methods, in cards, bank wires, and PayPal are also present, rounding off the full package.

In line with ASIC’s regulation, the broker also needs to practice fund segregation. That separates client funds from the brokers and protects users in case the firm goes under. It’s quite a healthy practise since it severely limits the possibility of malicious brokerages gaming the system. Overall, that means we’re quite satisfied with the payment methods, both in terms of speed, variety, and perhaps most importantly, security.

 

Customer Support Information for FXTRADING.com

Before we wrap up our FXTRADING.com review, we should also mention how you can reach the broker. It has modern customer support set up with a phone, which is toll-free if you’re in Australia, a live chat, and an email address. There are separate phones for sales and customer support, increasing the overall efficiency of the service.

Email: [email protected]

Customer Service Phone (International): +61 (0) 2 8039 7366

FXTRADING.com Review Conclusion – A Fantastic and Experienced Brokerage

Most new brokerages look like carbon copies of one another. However, FXTRADING goes against the grain, clearly trying to maintain a healthy userbase. The simplest way to do that is to be upfront with users and keep them happy, and FXTRADING.com does that exactly. It has an extremely detailed webpage, so everyone that signs up knows what they’re getting into. Meanwhile, each segment of its service is better than average, providing its users with a competitive edge.

Start Trading with FXTRADING.com If you’re searching for a new brokerage, we highly suggest taking FXTRADING.com into consideration. It’s highly secure, cares about keeping users content, and has potent trading conditions. That mix results in an excellent experience that is both profitable and enjoyable.

We hope our FXTRADING.com review helped inform you and make a decision about the broker. Best of luck in your future trading endeavors!

Overall
4.3
  • Support
    (4)
  • Platform
    (4.5)
  • Spread
    (4)
  • Trading Instrument
    (4.5)


You might also like

275 Comments

  1. Dean Maund December 2, 2022
  2. Jorja Shea December 1, 2022
  3. Matthew Flanagan November 30, 2022
  4. Kiara Whitham November 29, 2022
  5. Christopher Farrelly November 25, 2022
  6. Charles Ainslie November 24, 2022
  7. Hamish Gresham November 23, 2022
  8. Olivia Cameron November 22, 2022
  9. Gemma Ham November 21, 2022
  10. Molly Langton November 18, 2022
  11. Zane Grimmett November 17, 2022
  12. Rose Grave November 16, 2022
  13. Keira Chave November 15, 2022
  14. Bella Hurley November 14, 2022
  15. Luca Honey November 11, 2022
  16. Seth Hogue November 10, 2022
  17. Abigail Hilder November 9, 2022
  18. Scarlett Lonergan November 8, 2022
  19. Katie Jenkins November 7, 2022
  20. Connor Madigan November 4, 2022
  21. Luke Ebden November 3, 2022
  22. Finn Evatt November 2, 2022
  23. Leo Tennyson November 1, 2022
  24. Tristan Coward October 31, 2022
  25. Ali Evatt October 28, 2022
  26. Eva Furneaux October 27, 2022
  27. Maya McGowan October 26, 2022
  28. Ashton Luttrell October 25, 2022
  29. Amber Keynes October 24, 2022
  30. Tahlia Ampt October 21, 2022
  31. Amelia Macnamara October 20, 2022
  32. Ben Moriarty October 19, 2022
  33. David Mackintosh October 18, 2022
  34. Cooper Wootten October 17, 2022
  35. Maddison Cox October 14, 2022
  36. Sofia Ida October 13, 2022
  37. Timothy Harris October 12, 2022
  38. Eve Eggleston October 11, 2022
  39. Alice Grainger October 10, 2022
  40. Mia Simson October 7, 2022
  41. Eva Fitzpatrick October 6, 2022
  42. Lara Talbot October 5, 2022
  43. Jonathan Alsop October 4, 2022
  44. Taylah Cayley October 3, 2022
  45. Jayden Guerin September 30, 2022
  46. Toby Fegan September 29, 2022
  47. Summer De Neeve September 28, 2022
  48. Jett Minns September 27, 2022
  49. Hunter McNess September 26, 2022
  50. Caleb Bosch September 23, 2022
  51. Alexander Ernest September 22, 2022
  52. Leo O'Grady September 21, 2022
  53. Zachary Mustar September 20, 2022
  54. Gabriel Burbidge September 19, 2022
  55. Erin Grainger September 16, 2022
  56. Ryder Bauer September 15, 2022
  57. Evie Skipper September 14, 2022
  58. Harrison Colebatch September 13, 2022
  59. Lucas Ruth September 12, 2022
  60. Indiana Cornwall September 9, 2022
  61. Lucas Feakes September 8, 2022
  62. Bailey Sligo September 7, 2022
  63. Owen Page September 6, 2022
  64. Zoe Wesch September 5, 2022
  65. Logan Dunbar September 2, 2022
  66. Hayley Jaeger September 1, 2022
  67. Harry Patterson August 31, 2022
  68. Alana Petrie August 30, 2022
  69. Evie Hammond August 29, 2022
  70. Aidan Tuckson August 26, 2022
  71. Eden Garden August 25, 2022
  72. Mason Harvey August 24, 2022
  73. Zoe Bavister August 23, 2022
  74. Lilian McKeon August 22, 2022
  75. Kate Falstein August 19, 2022
  76. Caleb Francis August 18, 2022
  77. Gabriella Schulz August 17, 2022
  78. Alyssa Medland August 16, 2022
  79. Eliza Carroll August 15, 2022
  80. Lucy Dickson August 12, 2022
  81. Joel Lynton August 11, 2022
  82. Isabelle Lyster August 10, 2022
  83. Cody Climpson August 9, 2022
  84. Lily Bainton August 8, 2022
  85. Rory McCarten August 5, 2022
  86. Claudia Mashman August 4, 2022
  87. Emily McGrowdie August 3, 2022
  88. Alexandra Degotardi August 2, 2022
  89. George Cook August 1, 2022
  90. Andrew Todd July 29, 2022
  91. Hannah Lions July 28, 2022
  92. Ben Jolly July 27, 2022
  93. Alicia Collocott July 26, 2022
  94. Amelie Sladen July 25, 2022
  95. Sienna Hislop July 22, 2022
  96. Claudia McKeddie July 21, 2022
  97. Jeremy Guilfoyle July 20, 2022
  98. Amelie Coffill July 19, 2022
  99. Gabrielle Auld July 18, 2022
  100. Sean Johnson July 15, 2022
  101. Lincoln Kirke July 12, 2022
  102. Zoe Chin Kaw July 11, 2022
  103. Mary Brydon July 8, 2022
  104. Sean Rubin July 7, 2022
  105. Joel Froude July 6, 2022
  106. Oliver Skipper July 1, 2022
  107. Annabelle Bland June 28, 2022
  108. Michael Karloan June 21, 2022
  109. Isabella Long June 17, 2022
  110. Max Beach June 15, 2022
  111. Sara Lindt June 13, 2022
  112. Jordan Yelverton June 9, 2022
  113. Tyler Loughlin June 6, 2022
  114. Zara Adams June 3, 2022
  115. Xavier Tovell May 27, 2022
  116. Alex Molesworth May 26, 2022
  117. Brock Marina May 24, 2022
  118. Tyler Skuthorp May 23, 2022
  119. Ella Moor May 20, 2022
  120. Lilian Woolner May 19, 2022
  121. Jordan Basser May 18, 2022
  122. Layla Hixson May 17, 2022
  123. Victoria Crompton May 16, 2022
  124. Rose Ruatoka May 13, 2022
  125. Thomas Monk May 12, 2022
  126. Cody Wardlaw May 11, 2022
  127. Lara Waley May 10, 2022
  128. Hayley Goninan May 9, 2022
  129. Benjamin Lothian May 6, 2022
  130. Indiana Polding May 5, 2022
  131. Sofia Prenzel May 4, 2022
  132. Kai Goold May 3, 2022
  133. Alexander Torpy May 2, 2022
  134. Alica Newcomb April 29, 2022
  135. Natasha Lothian April 28, 2022
  136. Rory Lombard April 27, 2022
  137. Imogen Seddon April 26, 2022
  138. Indiana Aiston April 25, 2022
  139. Toby Gatty April 22, 2022
  140. Savannah Weston April 21, 2022
  141. Claire Bourke April 20, 2022
  142. Makayla Barry April 19, 2022
  143. Connor Loyau April 18, 2022
  144. Ellie Garvan April 15, 2022
  145. Beau Marconi April 14, 2022
  146. Brodie Tyas April 13, 2022
  147. Jayden Bock April 12, 2022
  148. Oliver Bidmead April 11, 2022
  149. Lincoln Childe April 8, 2022
  150. Oliver Antill April 7, 2022
  151. Eva O'Neil April 6, 2022
  152. Spencer Skeyhill April 5, 2022
  153. Chelsea Jorgenson April 4, 2022
  154. Annabelle Palmerston April 1, 2022
  155. Jayden Ferres March 31, 2022
  156. Alannah Baynton March 30, 2022
  157. John Newling March 29, 2022
  158. Ashton Sly March 28, 2022
  159. Jasper Zinnbauer March 25, 2022
  160. Tristan Sheehan March 24, 2022
  161. Jeremy Tilly March 23, 2022
  162. Tayla Pillinger March 22, 2022
  163. Aidan Cordner March 21, 2022
  164. Amy Georgina March 18, 2022
  165. Bailey Anivitti March 17, 2022
  166. Hamish Bayles March 16, 2022
  167. Amelie Kiernan March 15, 2022
  168. Tyler Strutt March 14, 2022
  169. Tyson Kieran March 11, 2022
  170. Jasper Baccarini March 10, 2022
  171. Justin Ievers March 9, 2022
  172. Laura Clegg March 8, 2022
  173. Gemma Wisdom March 7, 2022
  174. Lucy Richards March 4, 2022
  175. Zara Cocks March 3, 2022
  176. Eve Quilty March 2, 2022
  177. Lilian Edgell March 1, 2022
  178. Kiara Pizzey February 28, 2022
  179. Sophie Gagai February 25, 2022
  180. Rose Magnus February 24, 2022
  181. Laura Gottschalk February 23, 2022
  182. Zara Bingle February 22, 2022
  183. Justin Mathews February 21, 2022
  184. Amber Sexton February 18, 2022
  185. Isabella Jamieson February 17, 2022
  186. Piper Wallwork February 16, 2022
  187. Finn Corby February 15, 2022
  188. Anthony Pelzer February 14, 2022
  189. Anthony Joseph February 11, 2022
  190. Jacob Mansell February 10, 2022
  191. Jasmine D'Albertis February 9, 2022
  192. Milla Luisini February 8, 2022
  193. Ashton Dowie February 7, 2022
  194. Alice Keaney February 4, 2022
  195. Cameron Harper February 3, 2022
  196. Marcus Upfield February 2, 2022
  197. Lucinda Carboni February 1, 2022
  198. Sienna Gatliff January 31, 2022
  199. Olivia Fatnowna January 28, 2022
  200. Adam O'Neill January 27, 2022