Fxtrading is a forex broker based in Sydney, Australia. Regulated by the Australian Securities and Investments Commission ASIC. The company is owned by Gleneagle Securities Pty Ltd.
Fxtrading Broker provides metatrader 4 platform and Meta’uotes Multi Account Manager. MT4 is considered the best platform in the online retail market. It has high performance and extensive functionality including indicators, planning tools and trading signals. The MAM terminal allows clients to manage numerous accounts without opening an investment fund.
FXTrading offers most online markets including forex and cryptocurrency, as well as CFDs on indices and commodities. There are 45 currency pairs available, including majors and an interesting mix of crosses and exotics. There are cfds on bitcoins, Ethereum and Ripple. You can trade 11 indices, including the largest European, North American.
It is also available to trade most commodities: gold, silver and oil.
Trading Conditions
FxTrading Spreads are competitive. Spreads on their Pro score are variables starting at 0 points. However, the commission on these transactions is 3.50 Australian dollars per flight. In a standard account, variable spreads start at 1 point without commission. For gold and silver spreads, they range from 10 cents to 1 cent, respectively. For other products, spreads start at 1 point. For indices – from 0.5 points.
Minimum deposit is $200. Leverage is high compared to regulated European brokers and depends on the assets traded. Both account options offer leverage of up to 1:400 for the forex market.
For new traders there is a 10% bonus that requires a minimum deposit of $1,000 and is withdrawing up to $5,000. Alternatively, you can choose cash bonuses to cover losses of up to $500, depending on the size of your deposit.
Reload and withdrawal
Investors can choose one of the following deposit methods:
Credit Card (Visa and Mastercard) Electronic Payments (Neteller, Skrill, POLi Payments) Bank Transfer.
FXTrading Commission includes commissions for most payment methods. The exception is a bank transfer when the there is a fee of PLN 15.
Processing time depends on trading account and withdrawal method. Immediately, funds are transferred by credit cards and electronic payments. It takes 2-5 business days to process bank transfers. Withdrawal of funds to bank accounts takes about 2-3 business days. This is not much different from the time it takes to process bank transfers from other brokers.
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