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FXFlat -

Score

3.44 /10
Danger

FXFlat

Germany

5-10 years

Regulated in Germany

Common Financial Service License

MT5 Full License

Regional Brokers

Suspicious Overrun

Medium potential risk

https://www.fxflat.com/en

Influence

C

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Comparison

Quantity 5

Exposure

Time Machine
Website

Score

Regulatory Index1.76

Business Index7.39

Risk Management Index0.00

Software Index9.46

License Index1.76

The WikiFX Score of this broker is reduced because of too many complaints!
Time Machine
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

FXFlat Bank GmbH

Company Abbreviation

FXFlat

Platform registered country and region

Germany

Company website

X

Facebook

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Linkedin

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 2
Previous Detection : 2025-07-16
  • This broker exceeds the business scope regulated by Germany BaFin(license number: 10109603)BaFin Non-Forex Licence Non-Forex License. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 5 for this broker in the past 3 months. Please be aware of the risk!

WikiFX Verification

Exposure

5 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

NOT ABLE TO WITHDRAWAL

After trade and made profit i request a withdrawal and they have deleted all my profits and closed my account. Incredible unprofessional 

Kaleo
2022-10-20 11:53
Unable to Withdraw

NOT ABLE TO WITHDRAW

Traded securities and commodities and big slippage faced. Upon asked live chat they reply is normal. I request withdraw and profits were deleted upon no explanation. 32439$ missing to withdraw...

FX4255247862
2022-10-25 05:55
Scam

Serious slippage on all my transactions

Seems to be a regulated bank but they manipulate the market so that customers lose money. They also have very poor support that is unresponsive and when they do they are rude and disrespectful. Do not recommend this broker.

Alan1512
2022-10-25 04:10
Scam

SCAM SCAM SCAM SCAM SCAM

FXFLAT is clearly a scam company that disproves the payment of customer funds. After a few days of trading with Scalping I requested a withdrawal and they just refused, deactivated my account and wiped my profits and kept my money for 1 week, after the request they just sent me my deposit. When I ask on live chat why my account is disabled, they just reply and wait for an email! What kind of professionalism is that? A bunch of amateur scammers!!! DO NOT DEPOSIT HERE! STAY AWAY!!!!!!

Kaleo
2022-10-18 06:44
Unable to Withdraw

FXFlat Bank if refusing to withdrawal my money!

I was operating on MT5 normally when i depare with a situation where i couldn't open trades. I waited few hours, maybe was their service in maintenance but yet i haven't received any email informing anything. I then went to their live chat which was really rude and unprofessional, didn't explain plus told me you will receive information by email. Afterwords i received the email accusing me of use EA, that they will terminate my account and pay my balance to me. I reply their email asking for the poofs of such an accusation and for them to proceed with my withdrawal back to my bank account. They took my money form my account and i haven't received my withdrawal for 2 days now. As a regulated Bank i expected more from FXflat. They still holding my funds and have informed they are not gonna pay me. So here i requested that FXFlat Bank to be mark as SCAM as they should honor they words but unfortunately im experience the complete opposite of that.   

MrTrader
2022-10-13 23:09
Sources
Data Source WikiFX Data provide
Updated: 2025-07-16
FXFlat · Company summary
FXFlat Review Summary
Founded2006
Registered Country/RegionGermany
RegulationBaFin (Exceeded)
Market InstrumentsCFDs, Futures and Spot Forex
Demo Account/
LeverageUp to 1:200 (Spot forex)
Spread/
Trading PlatformMetaTrader 4, MetaTrader 5
Minimum Deposit/
Customer SupportLive chat
Phone: +49 210210049400
Email: service@fxflat.com
Facebook, Instagram, LinkedIn, YouTube, Twitter

FXFlat Information

FXFlat is a German brokerage firm operating as a market maker. It is regulated by the Federal Financial Supervisory Authority (BaFin), known for its strict financial oversight. However, its license was exceeded.

FXFlat Information

Pros and Cons

Pros Cons
MT4 and MT5 availableExceeded BaFin license
Live chat supportCommission charged for futures trading
Free account management
Various payment options

Is FXFlat Legit?

FXFlat is supervised by the German Federal Financial Supervisory Authority (BaFin) under license number 109603. However, it was exceeded.

Regulated CountryRegulated AuthorityCurrent StatusLicense TypeLicense Number
German
German Federal Financial Supervisory Authority (BaFin)ExceededCommon Financial Service License109603
license

What can I Trade on FXFlat?

FXFLAT offers trading services in CFD-Trading, Futures and Spot Forex.

Tradable Instruments Supported
CFDs✔
Futures✔
Spot Forex✔
Bonds❌
Options❌
ETFs❌
assets

Account Type

FXFlat offers two types of accounts: Standard Account and Professional Account. However, detailed account features are not revealed.

Account Types

Leverage

XFLAT provides flexible leverage options tailored to different asset classes, enabling traders to optimize their strategies while managing risk.

Trading AssetsMaximum Leverage
Futures1:282
Spot forex1:200
Leverage

FXFlat Fees

Account management services are free of charge, and CFDs trading does not charge any commission fees. However, fees are charged in futures trading, varying between €0.80 and €5.90 per contract.

FXFlat Fees

Trading Platform

FXFLAT supports both a proprietary MetaTrader 4 (MT4) and the MetaTrader 5 (MT5) platform.

Trading PlatformSupportedAvailable Devices Suitable for
MetaTrader 4 (MT4)✔mobile, desktopBeginners
MetaTrader 5 (MT5)✔mobile, desktopExperienced traders
Trading Platform

Deposit and Withdrawal

FXFlat different types of payment options, including iDeal, Mastercard, Maestro, VISA, Paypal, Skrill, and Klarna. As for bank transferring, customers can deposit funds into FXFlat Bank in EUR. The minimum initial deposit is not clear, but a minimum amount of 50,00 EUR is required for further deposit.

Deposit and Withdrawal
Deposit and Withdrawal

User Reviews

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User comment

6

Comments

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MrTrader
more than one year
the worse lier i ever saw. Well their are bank so dont expected nothing different than lies. Starting with their terms and conditions until their actions against you on your trading account. Be aware of SCAM.
the worse lier i ever saw. Well their are bank so dont expected nothing different than lies. Starting with their terms and conditions until their actions against you on your trading account. Be aware of SCAM.
Translate to English
2023-04-20 02:37
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0
0
快到碗里来98689
more than one year
A Trusted Broker. Their Staff is very Cooperative. Deposit and withdrawal have no issue at all. Demo accounts are available. Good MetaTrader Platform to trade. Perfect support service.
A Trusted Broker. Their Staff is very Cooperative. Deposit and withdrawal have no issue at all. Demo accounts are available. Good MetaTrader Platform to trade. Perfect support service.
Translate to English
2023-02-23 16:09
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0
0
5