520 Review 2023 – Get All The Information

General Information
Broker Type:CFD brokerage
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
Languages:English, Chinese, Vietnamese
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
Minimum deposit ($)$0
Maximal leverage (1:?)1:500
Spread: Raw
Scalping allowed: Yes


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

The website is running smoothly

Another thing we should mention is that the website runs quite smoothly, although it may look a tad outdated.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, PRO and Standard. Let’s take a look about each of these trading accounts and what to expect:

PRO Account

  • FXT’s Pro Account caters to the needs of veteran financial professionals
  • Competitive commissions at only $3.5 per round/lot
  • Raw spreads starting from 0.0 Pips
  • Market-leading swap rates
  • Access to deep and reliable pools of liquidity
  • Base Currency Options: AUD, USD, EUR, GBP, SGD, NZD, CAD, HKD
  • Spread: Raw spread from 0.0 Pips
  • Commission: $3.5 USD per lot / per side
  • Leverage: Maximum 500:1
  • Minimum Deposit (base currency): $50 USD
  • Products Offered: Forex, metals, energies, commodities, cryptos & indices
  • Minimum Trade Size: 1 Micro Lot (0.01 Lots)
  • Swaps: Pro swaps
  • Maximum Opening orders per Account: 200 positions
  • Maximum Lots per Order: Equity indices – 250 Lots; Other asset classes – 100 Lots
  • Hedging: Allowed
  • -EA: Allowed

Standard Account

  • Zero commission trading
  • Market-leading swap rates
  • Deep and reliable pools of liquidity
  • Lightning speed execution
  • Most transparent trading environment
  • Base Currency Options: AUD, USD, EUR, GBP, SGD, NZD, CAD, HKD
  • Spread: Variable from 1 pip
  • Commission: None
  • Leverage: Maximum 500:1
  • Minimum Deposit (base currency): $50 USD
  • Products Offered: Forex, metals, energies, commodities, cryptos & indices
  • Minimum Trade Size: 1 Micro Lot (0.01 Lots)
  • Swaps: Standard swaps
  • Maximum Opening orders per Account: 200 positions
  • Maximum Lots per Order: Equity indices – 250 Lots; Other asset classes – 100 Lots
  • Hedging Allowed
  • EA Allowed

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.

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 broker brings an opportunity to express your skill with precise predictions.

Trading Conditions

All accounts have access to multiple platforms, which is not something we often see. The list includes MetaTrader 4, MetaTrader 5, and MAM/PAMM, as well as some proprietary and less common options.

We’ll explain why that’s useful further in our broker 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 Platforms of the broker

Trading Conditions, platforms and etc.

MT4 Trading Platform

  • Highly popular online platform for retail forex trading
  • Provides interactive, easy-to-read charts for real-time market monitoring and analysis
  • Ability to write custom trading robots
  • Developed and released in 2005 by MetaQuote Software Corp.
  • Licensed for use by nearly 500 brokers and banks globally
  • Easy to use interface
  • Offers 30 technical indicators for comprehensive analysis
  • Automated trading capability

MT5 Trading Platform

  • New and improved platform with access to a wider range of assets
  • Provides trading opportunities for shares, cryptocurrencies, forex, metals, commodities, and indices
  • Real-time data and comprehensive charting suite with indicators
  • Various order types for enhanced trading flexibility
  • Expanded asset selection with individual share CFDs and Cryptocurrencies
  • Market Depth feature for deeper insights into liquidity and volume information
  • Additional timeframe options, including 2-minute, 6-hour, and 12-hour charts
  • Advanced Strategy Tester for faster and more accurate backtesting
  • Ability to test against multiple markets in the same testing environment

MAM/PAMM Trading Platform

  • MAM (Multi-Account Manager) and PAMM (Percentage Allocation Management Module) enable control of multiple sub-accounts from a single master account.
  • Sub-accounts’ profit and loss (P&L) fluctuate proportionately to the master account’s trading activity.
  • Funds remain within the original sub-accounts.
  • Money managers gain access to MT4/MT5 multi-terminal software with advanced order features and trade management tools.
  • Wide selection of markets available, including forex, cryptocurrencies, commodities, and indices.
  • Pro Accounts offer raw spreads starting from 0.0 pips.
  • Regulation by ASIC (Australian Securities and Investments Commission).
  • Fast trade execution facilitated by superior trading infrastructure.
  • Unrestricted trading environment, welcoming EA’s, scalpers, and HFT’s.
  • Access to top-tier liquidity providers and deep liquidity pools.

Trading Elements at

Trading Elements at forex currency pairs, commodities, CFDs, energies, Crypto CFDAt, 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.

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 three 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 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.

Deposits and Withdrawals

  • Credit cards: Paypal, VISA, MasterCard
  • Electronic payment: Netwer, Union Pay, Local Internet Banking, Poli
  • International bank wire transfer: Minimum Deposit: 50 USD or equivalent, 2 to 3 days.
  • Local bank transfer: Also, 1 to 2 days.

Safety of Funds, Regulations, and Licenses

If you wish to start trading with this fantastic broker, but you are stil reconsidering your trading decision, you need to know that it is fully regulated. Namely, Gleneagle Securities (Aust) Pty Limited, trading as, is a trusted provider of financial services and products.

The Australian Securities and Investments Commission (ASIC) allows and controls the financial activities in Australia. They have a license (AFSL No. 337985) for this purpose.You can choose how much leverage you want, based on how much you’re willing to risk and your trading strategy.
Additionally, Gleneagle Securities Pty Ltd, trading as, is authorized and regulated by the Vanuatu Financial Services Commission (VFSC) with Company No. 40256. This authorization enables the company to operate a financial services business.

With these regulatory approvals, ensures a secure and compliant environment for its clients’ financial activities.

Additional Information about

The website for 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 review, the site is extremely detailed. You can find info on everything, down to details about the individual assets offers.

Payment and Withdrawal Options

The payment options offered by 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 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.
Generally speakingl, 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

Before we wrap up our 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. 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 does that exactly.

You can choose how much leverage you want, based on how much you’re willing to risk and your trading strategy.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.


If you’re searching for a new brokerage, we highly suggest taking review and the broker 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 review helped inform you and make a decision about the broker. Best of luck in your future trading endeavors!

RubixFX Review logo

Name: RubixFX

Description: is an Australian broker registered under the name Gleneagle Markets Pty Ltd. It has been operating since 2014. So far, they have not been part of any news or scams, which is reassuring. The trading conditions are average in the industry and do not offer any specs. The regulation does exist, but it is not under the name of the broker but under the corporation.

  • Support
  • Platform
  • Spread
  • Trading Instrument

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