Score
United Arab Emirates
|
5-10 years
| https://www.fxnet.com/eu/en/
Website
Rating Index
MT4/5 Identification
Full License
Netherlands
United Arab Emirates
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
Ukraine
fxnet.com Ireland Ukraine| FxNetReview Summary | |
| Founded | 2004-03-22 |
| Registered Country/Region | United Arab Emirates |
| Regulation | Unregulated |
| Market Instruments | Currency Pairs/Currencies/Metals/Stocks/Commodities/Stock Index |
| Demo Account | / |
| Leverage | / |
| Spread | From 0 pips |
| Trading Platform | MT4(Windows/iOS/Android/Webtrader) |
| Min Deposit | / |
| Customer Support | Phone: +357 25 108 111 |
| Email: support@fxnet.com | |
FxNet LTD is a Cypriot Investment Firm (CIF) and an STP broker, providing online trading services for Forex and CFDs. The trading instruments also include major and minor FX currency pairs, metals, energies, commodities, stock indices/bonds, and shares of the world's largest companies.
FxNet is not regulated, even though it claims to be authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC), under license number 182/12. Similar suspected cloning situations also occur under the supervision of the Federal Financial Supervisory Authority (BaFin), the Financial Conduct Authority (FCA), and the Autorité des Marchés Financiers (AMF). However, an unregulated broker is not as safe as a regulated one.
FxNet offers various market instruments, including currency pairs, currencies, metals, stocks, commodities, shares, bonds, and stock indexes.
| Tradable Instruments | Supported |
| Stock Index | ✔ |
| Commodities | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ✔ |
| Precious Metals | ✔ |
| Currency Pairs | ✔ |
| Shares | ✔ |
| Bonds | ✔ |
Trade Online Forex Currencies with FxNet through STANDARD, VIP, and PLATINUM accounts with different spreads. With FxNet, traders have direct access to the forex market 24/5.
| Account Type | STANDARD | VIP | PLATINUM |
| Minimum Spread (points) | 23 | 18 | 0 |
The spread is from 0 pips. The lower the spread, the faster the liquidity.
FxNet cooperates with the authoritative, which is available on Windows, iOS, Android, and Webtrader. Junior traders prefer MT4 over MT5, as prefer MT4 over MT5. MT4 provides various trading strategies and implements EA systems.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Windows/iOS/Android/Webtrader | Junior traders |
The CySEC fine reflects the violations of several articles of the Investment Services and Activities and Regulated Markets Law.
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