FXTRADING.com Logo

FXTRADING.com Review 2024

Written by
Réka H.
Fact checked by
Krisztián G.
Updated
5d ago
Key data
Fees
Safety
Deposit and withdrawal
Account opening
Mobile app
Desktop platform
Product selection
Regulated and trusted. Tested via live trading.
8,628 people chose this broker
Not available in United States; see best alternatives

Why choose FXTRADING.com

FXTRADING.com is a forex and CFD broker that offers low forex fees. The account opening process is fast and simple, while deposits and withdrawals are user-friendly and free of charge.

On the negative side, FXTRADING.com has a limited product portfolio covering only forex and CFDs. There is also no investor protection provided and we missed some research tools, like fundamental data.

  • Low forex fees
  • Easy and fast account opening
  • Free deposit and withdrawal
Overall score
4.3/5
Minimum deposit
$200
FX fee
Low
Index CFD fee
Low
Withdrawal fee
$0
Account opening
1 day
Visit FXTRADING.com

74-89% of retail CFD accounts lose money

Not sure if this is the right broker for you? See the best ones.

See how the best brokers in the United States compare to FXTRADING.com

EURUSD spread
Usual spread in pips

Fees

Score: 4.4/5
FXTRADING.com has low forex fees and it doesn't charge a fee for withdrawal or inactivity. However, CFD fees are not the best on the market.
  • Low forex fees
  • No withdrawal fee
  • No inactivity fee

We compared FXTRADING.com's fees with two similar brokers we selected, Fusion Markets and TMGM. These competitors were selected based on objective factors like products offered, client profile, fee structure, etc. See a more detailed comparison of FXTRADING.com alternatives.

Low FX fees

FXTRADING.com charges a forex commmission: $2.00 commission per lot per trade. Spread costs come on top of this, e.g. the EUR/USD spread is 0.1.

Broker
EURUSD spread
FX commission per lot
FXTRADING.com
0.1
$2.00 commission per lot per trade
Fusion Markets
0.0
$2.25 commission per lot per trade
TMGM
0.1
$3.50 commission per lot per trade
FXTRADING.com forex spreads and commissions

Low index CFD fees

All index CFD fees are built into the spread. The spread for S&P 500 index CFDs is 0.3.

Broker
S&P 500 CFD spread
FXTRADING.com
0.3
Fusion Markets
0.3
TMGM
2.3
FXTRADING.com index CFD spreads and commissions

No inactivity fee, no withdrawal fee

Specifically, FXTRADING.com charges no account, inactivity, deposit or withdrawal fees. There is a currency conversion fee, but it is low.

Broker
Inactivity fee
Withdrawal fee
FXTRADING.com
$0
Fusion Markets
$0
TMGM
$0
FXTRADING.com inactivity, withdrawal and other fees

Safety

FXTRADING.com is regulated by the top-tier ASIC and offers negative balance protection. However, there is no investor protection and the company does not hold a banking license.
  • Regulated by the top-tier ASIC
  • Negative balance protection
Read more

Deposit and withdrawal

Score: 4.4/5
FXTRADING.com provides many deposit and withdrawal options, most of which are free. On the other hand, it is not possible to open subaccounts in different currencies.
  • Credit/debit card available for deposit
  • Deposits and withdrawals mostly free of charge
Read more

Account opening

Score: 5/5
The account opening process at FXTRADING.com is user-friendly and fully digital. It was also very quick, as our account was approved within a day.
  • Fast
  • Fully digital
  • User-friendly
Read more

Mobile app

Score: 3.3/5
FXTRADING.com has a great mobile trading platform, provided by MetaTrader 4. It is well-designed and user-friendly, but lacks a more secure login.
  • User-friendly
  • Good search function
  • Price alerts
Read more

Desktop platform

Score: 3.4/5
In design and functionality, FXTRADING.com's MetaTrader 4 desktop platform is almost the same as the web trading platform. One major difference is that you can set price alerts.
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
Read more

Product selection

Score: 2.2/5
FXTRADING.com offers only forex and CFDs on commodities, indices, stocks and cryptos for trading. This means that many popular asset classes, like real stocks and ETFs, are not available.
Read more
“I recommend FXTRADING.com for forex traders who prefer the MetaTrader platform.”

FAQ

Read more
Got questions?
Engage with our growing community of traders and investors like you to find your answers.
Join now

Author of this review

Réka Hidas
Réka Hidas

Réka is a former Junior Broker Analyst for BrokerChooser. She attended the International Business and Economics bachelor program at Corvinus University in Budapest. She's eager to help investors find the best investment providers, through writing extensive reviews, while also developing her skills and growing professionally in this field.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

Visit FXTRADING.com 74-89% of retail CFD accounts lose money
×
I'd like to trade with...