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FxNet Ltd Review

FxNet Ltd is a relatively new Forex broker established in 2012. The company provides online Forex and commodities trading services. The main office is based in Limassol, Cyprus, the company’s services are regulated by Cyprus Securities and Exchange Commission. The company’s team claims their aim is to create and maintain safe and reliable relationships with customers ensuring them that they are also part of the FxNet team. FxNet uses innovative ideas and offers the latest software and trading technologies including exciting and secure trading platforms available to traders of all levels of experience starting from the beginners and ending by investing experts. The company is managed by investment professionals with thorough  experience within the financial industry.

The broker’s trading platforms are Metatrader 4 and Simple Trader available both for stationary trading personal computers on Windows and MacOS and mobile devices on IOS and Android. The real trading accounts start from $25. The leverage is flexible and may reach up to 500:1. The spread on major currency pairs is variable and start from 1.9 pips according to a trading asset. For new customers the brokers offers 100% welcome bonus deposit. The free demo accounts are also available.

FxNet Ltd — Forex Boker information

FxNet Ltd
Status No status
Broker type Broker, NDD
Traders reviews Post a review
Foundation 2012
Regulation CySEC
License CySEC
Languages English, Russian, French
Support phone +357 25 108111
Address Agios Athanasios Avenue, 58-60 EL Greco Building, 202 4102, Limassol, Cyprus
Offices in Cyprus
Headquartered in Limassol

Forex Trading information

Accepts US traders No
Trading conditions Min. deposit: $25
Leverage: 1:500
Commissions: 0
Demo account: Yes
Spreads: from 1.9
Trading platforms Metatrader 4, Simple trader, Android, iPhone/iPad , Windows
Other trading instruments Commodities, Stock Indices
Leverage 500:1
Pip spread on majors 1.9-3
Minimum position size 0.01
Digits after the dot in quotes 5
Spread Type Fixed
Min. spread 1.9
Margin call level, % 20
Stop-out level, % 10
Minimum distance to stop/limit orders, pips 4
Guaranteed stop loss Yes
Guaranteed limit orders Yes
VPS for traders No
Rebates per 1 standard lot, $
24 hour trading Yes
24 hour support Yes
Mobile trading Yes
Trading by phone No
Automated trading Yes
One-click trading Yes
Hedging No
Scalping Yes
Swaps No
Pending orders Yes

Forex Account information

Payment methods Wire transfer, Neteller, Credit Cards, WebMoney, Skrill, Payza
Account currencies USD, EUR, JPY, GBP, CHF, AUD
Mini account, $ 25
Standard account, $ 25
ECN account, $ 1000
PAMM Yes
Institutional accounts No
1st deposit bonus Yes
Commissions No
Demo account Yes
Bonuses, Promotions Yes
Forex contests, competitions Yes
Free education Yes
Daily analysis Yes
Expert advisors Yes
Trading Signals Yes
Partnership programs Yes
Affiliate program Yes
Trust management Yes
Personal manager No
Managed accounts Yes
Segregated accounts No
Interest charges on the balance No
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