FXTrading Broker Review 2024

FXTrading is an online trading services provider offering a wide range of financial markets, including Forex, Shares, Crypto, Metals, Energies, and many more. The broker provides commission-free trading with its Standard account and offers spreads from 0.0 pips.

What are the trading conditions on FXTrading.com? We’ll explore the account types (Standard, Pro), trading platforms, company information, fee structure (commissions, spreads), customer support, and many more in this FXTrading.com review.

FXTrading (Company Information and Regulation)

FXTrading.com, formerly known as (Rubix FX) was founded in September 2014 in Sydney, Australia. The rebranding was done in December 2019. According to Crunch Base, the company has 101-250 employees and is led by CEO Michael Berman.

FXTrading is registered in Vanuatu as “Gleneagle Securities Pty Limited” and in Australia as “FXtrading.com Pty Ltd” and regulated by these region’s respected financial bodies, including:

• Vanuatu Financial Services Commission (VFSC) license number 40256;
• Australia Securities & Investment Commission (ASIC) license number 337985.

Specifics of FXTrading Broker

FXT stands out in the crowded forex broker market due to its unique blend of advanced technology, trader-centric features, and commitment to transparency. Let's break down the specifics that make FXT a compelling choice for traders.

FXTrading Account Offerings

FXT caters to a diverse range of traders by offering two primary account types: Standard and Pro. Each type is designed to meet specific trading needs and preferences.

FXTrading Broker Pros & Cons

When considering FXT as your forex broker, weighing the advantages and disadvantages is essential.

FXTrading Broker Registration and KYC Verification

Registering for an account with FXTrading.com and completing the Know Your Customer (KYC) verification process is a straightforward but essential step in your trading journey.

1. Navigate to the broker’s official website at “https://fxtrading.com/”;
2. Click “Start Trading”;
3. Fill in the personal details form;
4. Provide proof of identity (passport or driver’s license) and proof of address (utility bill or bank statement).

FXTrading.com Platforms

FXT offers traders access to two of the most popular and powerful trading platforms in the forex industry: MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

MetaTrader 4 (MT4)

• Desktop;
• Web;
• iOS;
• Android.

MetaTrader 5 (MT5)

• Desktop;
• Web;
• iOS;
• Android.

Proprietary App (FXTrading.com)

• iOS;
• Android.

The broker also offers a dedicated copy trading platform named “FXT CopyPro” for investors and strategy providers.

FXTrading Fee Structure

The next topic on the FXTrading.com review is the fee structure. Understanding non-trading and trading costs is crucial for managing your profits effectively. The broker offers two main account types, each with a different fee structure.

The broker also charges no fees for deposit/withdrawal transactions (with some exceptions). Also, there is no inactivity fee, other hidden costs, and markups.

FXTrading.com Broker Payment Methods

FXT offers a diverse range of payment methods to accommodate traders from various regions with different preferences.

• Credit/Debit Cards: Visa, MasterCard, PayPal
• E-Payments: Neteller, UnionPay, USDT Tether;
• International Bank Wire: Available for most countries;
• Local Bank Transfers: Available in select countries.

The minimum deposit for all payment methods is $50. All the funding options are instant except for bank transfers, which usually take 1-3 days. FXT typically processes withdrawals within 24 hours but may take longer, depending on the method.

FXTrading Copy Trading and Growth Plans?

FXT offers innovative solutions for both novice traders looking to leverage expertise and experienced traders seeking to manage multiple accounts efficiently.

• FXT CopyPro (Copy Trading): Allows investors to automatically copy the trades of successful traders;
• Multi-Account Manager (MAM): Designed for professional money managers and institutional clients to manage multiple client accounts from a single interface.

FXTrading.com broker Promotional Programs

Who doesn't love a good bonus? FXT sweetens the deal with two enticing promotional programs and exclusive partnership programs from affiliate to IB.

• New Trader Program: Offers protection for up to 25% of your initial deposit with a minimum deposit requirement of $200;
• Frequent Trading Bonus: Earn $100 for every 50 lots traded (applies to FX, equities, and crypto) with a minimum deposit requirement of $1,000;
• IB: Introduce the broker and receive $200 for each qualified referred client.

FXTrading Customer Support

We must mention the available support channels in this FXTrading.com review. FXT offers 24/5 support through various channels, including:

FXTrading Trust Scores

In my view, the most important topic in the FXTrading.com review is user satisfaction. Trust is the currency of the online trading world, so let's see how FXT fares in the court of public opinion.

Conclusion and Final Words

FXTrading, with 1,000+ CFD products covering various markets, such as Forex, Stocks, Crypto, and more, floating spreads from 0.0 pips, and 20+ payment methods, is a solid choice for traders.

FXTrading.com offers multiple platforms, from industry-standard MT4/5 to proprietary mobile app and FXT CopyPro. Share your thoughts about the FXTrading.com review in the comments.