CedarFX Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-06-03 16:16

Abstract：　　CedarFX, established in 2018 and incorporated in Mauritius, is an unregulated broker that trades over 180 assets, including forex, commodities, stocks, indices, and cryptocurrency CFDs. It offers two types of accounts (0% commission and Eco) and supports MT4 on PC, mobile, and online platforms.

CedarFX Review Summary
Founded	2018
Registered Country/Region	Mauritius
Regulation	No regulation
Market Instruments	Forex, Commodities, Crypto CFDs, CFDs, Indices, Stocks
Demo Account	✅
Leverage	/
EUR/USD Spread	0.0–0.2 pips (with 0% Commission Account)
Trading Platform	MetaTrader 4 (MT4), Web Trader
Minimum Deposit	$10
Customer Support	Live chat

CedarFX Information

　　CedarFX, established in 2018 and incorporated in Mauritius, is an unregulated broker that trades over 180 assets, including forex, commodities, stocks, indices, and cryptocurrency CFDs. It offers two types of accounts (0% commission and Eco) and supports MT4 on PC, mobile, and online platforms.

Pros and Cons

Pros	Cons
Zero-commission trading	No regulation
Supports crypto deposits & withdrawals	No MT5
Offers both live and demo accounts	No swap-free (Islamic) account
	Inactivity fee charged

Is CedarFX Legit?

　　CedarFX is an unregulated broker. Although it claims to be registered in Mauritius, the country lacks a recognized financial authority that oversees or regulates FX or CFD brokers.

　　According to Whois records, the domain cedarfx.com was registered on March 21, 2018, last updated on March 22, 2025, and will expire on March 21, 2027. The domain status is currently set to “client delete prohibited,” “client renew prohibited,” “client transfer prohibited,” and “client update prohibited”.

What Can I Trade on CedarFX?

　　CedarFX provides over 180 financial assets, including forex, indices, commodities, stocks, futures, and cryptocurrency CFDs. Traders have access to major, minor, and exotic currency pairs, global indexes, precious metals, oil, and a diverse variety of top company stocks.

Tradable Instruments	Supported
Forex	✓
Commodities	✓
Crypto CFDs	✓
CFDs	✓
Indices	✓
Stocks	✓
Bonds	✓
Options	✓
ETFs	✗

Account Type

　　CedarFX provides two types of live trading accounts: the 0% Commission Account for cost-conscious traders and the Eco Account for those who want to support sustainability efforts. Both account types are accessible as real or demo accounts, and they may be created using the MetaTrader 4 platform. CedarFX does not specifically specify Islamic (swap-free) accounts on their website.

Account Type	key Features	Suitable for
0% Commission Account	No commission, low spreads, no transaction fees, 180+ assets, Bitcoin & fiat deposits accepted	Cost-conscious traders seeking minimal fees
Eco Account	$1 commission per lot, matched by CedarFX, funds go to Ecologi for environmental projects	Traders wanting to support sustainability

CedarFX Fees

　　CedarFX's overall fees are lower than industry standards since it charges 0% commission on trades, allowing traders to use their whole deposit at no additional expense.

　　Non-Trading Fees

Non-Trading Fees	Amount
Deposit Fee	0
Withdrawal Fee	0
Inactivity Fee	$10 USD per month after 180 days of account open, if no deposit in 90 days and no trading activity in 30 days

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MetaTrader 4 (MT4)	✔	Windows, Android, iOS, Web Trader	Beginners
MetaTrader 5 (MT5)	❌	—	Experienced traders

Deposit and Withdrawal

　　CedarFX does not impose deposit or withdrawal fees, however, Bitcoin transactions incur blockchain network/miner costs. The minimum deposit is $10 (Bitcoin) or $50 (other methods), while the minimum withdrawal is $10.

Payment Method	Minimum Deposit	Minimum Withdrawal	Fees	Deposit Time	Processing Time
Bitcoin	$10	$10	No CedarFX fee, but blockchain/miner fees apply	5–60 min	Within 24h + blockchain time
Credit/Debit Card via Instacoins	$50	-	Third-party fees (Instacoins) may apply	Varies by Instacoins	-
Bank Wire via Instacoins	$50	-	Third-party fees (Instacoins) may apply	Varies by Instacoins	-