FDFX

Basic Information & Regulators

FDFX is a New Zealand registered online Forex and CFD trader and is not currently subject to active regulation.

Safety Analysis

FDFX is currently unregulated and is, therefore, a risky platform. Traders should avoid FDFX as a forex trading platform.

Market Instruments

Investors through FDFX can trade a wide range of financial instruments, mainly foreign exchange, stocks, options, gold & silver, oil & gas, energy derivatives, etc.

Accounts & Leverage of FDFX

FDFX not only provides live accounts but also sets up demo accounts for traders to practice their trading strategies. The minimum deposit to open a real account is $500. Leverage is 1:200 for major currency pairs and 1:100 for minor currency pairs, and 1:50 for gold, silver, and other metals.

Spreads & Commissions of FDFX

The spread on EURGBP is 0.4-2 pips, on EURUSD 0.6-1.2 pips, on GBPUSD 0.6-2.3 pips. Gold spreads are $0.60, silver spreads are $0.05, and platinum and palladium spreads are $5.00. Trading fees are 0.1% (minimum $20) on the London International Exchange and 0.1% (minimum AU$25) on the Australian Exchange.

Trading Platforms Available of FDFX

FDFX offers traders the most advanced and highly respected MT4, MT4 Desktop, MT4 Android, MT4 iOS, MT5 Windows, MT5 Android, and MT5 iOS versions to meet the wide range of needs of different users.

Deposit and Withdrawal of FDFX

FDFX supports the withdrawal methods of VISA, MASTERCARD, WebMoney, eCheck, and for withdrawals, users have to pay 25 Euros for domestic wire transfers, 30 USD for returned checks, and 39 Euros for international wire transfers.