FXTRADING.com Review: Is FXTRADING.com Broker Good?
Broker overview and general information
Questions about broker securityFXTRADING.comMany traders can trust it to some extent because this broker is regulated by the Australian Securities and Investments Commission (ASIC) and there are other factors that are consistent and support this broker as a quality broker, such as:
FXTRADING.com(FXT), formerly trading under the name "Rubix FX", was established in September 2014.
2018 FXT partnered with oneZero Financial Systems to offer liquidity services to a wider client base, allowing oneZero EcoSystem participants to access FXT's liquidity.
2020 In addition to currencies, commodities, indices and other assets on FXT, FXT expanded its digital asset offering, allowing clients to trade and invest in bitcoin, ether, XPR and other popular cryptocurrencies.
2021 Authorized and integrated with both PayPal and Worldpay in the list of funding and payment channels.
Broker Licensing and Regulation
If you ask whether FXTRADING.com is good or not, you must first consider the license factor, which has the following licenses:
Australian Securities and Investments Commission (ASIC) License No. 337985 under Gleneagles Securities (aust) Pty Limited.
Vanuatu Financial Services Commission (VFSC) License No. 40256 under Gleneagles Securities Pty Ltd.
Broker Products and Services
Trading products
Forex: With an average trading volume of $5 trillion per day, 5 days a week, the currency market rarely sleeps. Trade 45 currency pairs.
Crypto: Trade cryptocurrencies with special conditions
Global Control
No intervention from management
Institutional liquidity
Lightning fast order execution
Advanced Analytics with FXT Navigator
Stocks: Trade stock market CFDs. You don’t own the actual stocks, but can still receive cash dividend adjustments.
Commodities: Traders can diversify their risk by trading a variety of commodities, including coffee beans, cotton, and corn.
Metals: Trade precious metals like gold and silver with US dollars and enjoy the broker's low spreads.
Energy: Trade Energy CFDs to profit and diversify your portfolio with exciting conditions.
Indices: Traders have access to over 8 major global indices.
Trading Platform
MT4 is an app platform for charting, placing orders and managing your investments all in one place. It is the most widely used platform for Forex traders worldwide. FXT trading tools run directly on the platform for seamless integration and use data directly from the platform.
MetaTrader 5 (MT5) is a new and improved platform that provides access to a wider range of assets including stocks and cryptocurrencies alongside traditional trading assets such as Forex, metals, commodities and indices.
With real-time data, a wide range of charts, indicators and order types, MT5 provides an enhanced experience where traders can analyze, trade and monitor financial markets.
MAM and PAMM are management systems where traders and fund managers can control multiple sub-accounts from one master account. The profit and loss (P&L) of the sub-accounts fluctuates in proportion to the trading activity of the master account, but the trading funds remain in the same sub-accounts. Money managers have access to the MT4/MT5 multi-terminal software with advanced order features and trade management tools.
Broker Account Types Review
There are two types of trading accounts offered by brokers, each depending on the trader's experience level and capabilities.
Pro Account
Standard Account
Deposit and Withdrawal Review
Deposit channels
Credit card
Electronic Payments
International Bank Transfer
Transfer money via domestic banks
Process immediately, some channels 1-2 days
Minimum deposit 50 USD
Withdrawal channels
Credit card
Electronic Payments
International bank transfer
Transfer money via domestic banks
Processing time: within 24 hours - 2 days
Minimum withdrawal 50 USD
⚠️WARNING: There are negative reports of users talking about delays in processing withdrawals. Some found that this brokerage company withheld funds or only returned part of the deposit without any clear explanation. In some cases, users had their accounts closed.
Promotions and bonuses
The broker has special promotions for all new accounts to start their journey to greater trading success.
Eligible Applicants: Standard Account Holders
Minimum deposit: $200 or currency equivalent
Calculation date: End of month
Time to claim: 5 business days
FXTRADING.comReward Regular Traders Get $100 cash for every 50 lots traded when trading FX, Equities and Cryptos.
Eligible Applicants: Standard Account Holders
Maximum accumulated bonus: $50,000
Minimum deposit bonus: $1,000
Broker Customer Service
Live Chat (24/100)
Email:[email protected]
Facebook :https://www.facebook.com/FXTRADING.comEN
linkedin :https://www.linkedin.com/company/fxtrading-com/
Thai language is not supported
FXTRADING.comReview: Pros and Cons
Pros :
Cons :
There are no Thai support staff.
We do not accept clients from the United States, Ontario in Canada, North Korea, Iran, and New Zealand.
There are few account types to choose from.
High minimum deposit and withdrawal
Broker Overview Summary
Broker OverviewFXTRADING.comIt is considered a high-quality and reliable broker. This broker is licensed by ASIC and has a modern trading platform with a wide range of trading instruments and attractive promotions.
However, this broker has some limitations such as no Thai support staff, not accepting clients from some countries, and having a limited selection of account types, as well as a relatively high minimum deposit and withdrawal.
Choose the safest and most suitable broker with TrustFinance reviews
Start trading Forex easily. Choose a safe and reliable broker with TrustFinance. A source of information and reviews of over 180,000 Forex brokers and financial companies, covering leading Forex brokers such as Exness, FBS, XM, IC Markets, IUX and many more.
FXTRADING.comReviews Compare spreads, fees, trading platforms, deposit and withdrawal conditions, and more with real user reviews to help you decide on the broker that suits your needs.
