TRADE FX Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-06-17 16:44

Abstract：　　TradeFx is a forex brokerage based in Singapore that started in 2011. It gives traders access to a wide range of global markets, such as forex, commodities, indices, and cryptocurrencies. The broker offers three main types of accounts: Standard, Premium, and ECN. All of these accounts use the well-known MetaTrader 4 platform, which is available on desktop, mobile, and the web. TradeFx encourages fair trading by offering spreads as low as 0 pips (for ECN accounts), leverage as high as 1:1000, and quick trade execution that averages 0.13 seconds.

TradeFx Review Summary
Founded	2011
Registered Country/Region	Singapore
Regulation	No regulation
Market Instruments	Forex, commodities, indices, cryptocurrencies
Demo Account	✅
Islamic Account	✅
Leverage	Up to 1:1000
Spread	From 1.5 pips (Standard account)
Trading Platform	MetaTrader 4
Minimum Deposit	$100
Customer Support	Live Chat
	WhatsApp (24/7)
	Phone: +65-9807-0400
	Email: cs@tradefx.co
Bonus	20% deposit bonus (up to $5,000)

TradeFx Information

　　TradeFx is a forex brokerage based in Singapore that started in 2011. It gives traders access to a wide range of global markets, such as forex, commodities, indices, and cryptocurrencies. The broker offers three main types of accounts: Standard, Premium, and ECN. All of these accounts use the well-known MetaTrader 4 platform, which is available on desktop, mobile, and the web. TradeFx encourages fair trading by offering spreads as low as 0 pips (for ECN accounts), leverage as high as 1:1000, and quick trade execution that averages 0.13 seconds.

　　The company puts a lot of emphasis on customer service, offering 24/7 multilingual support through live chat, WhatsApp, and email. They also have educational materials and a promotion for a 20% deposit bonus (up to $5000) with clear rules and conditions. Even with these features, TradeFx is not currently regulated, which could make trading even riskier.

Pros and Cons

Pros	Cons
Various trading instruments	Unregulated broker
Multiple account types
Commission-free trading
MT4 platform
Popular payment methods
No deposit/withdrawal fees
24/7 multilingual customer support

Is TradeFx Legit?

　　No. TradeFx is currently unregulated, meaning it does not hold licenses from recognized financial authorities. Traders should exercise caution and consider the risks before investing.

What Can I Trade on TradeFx?

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Indices	✔
Cryptocurrencies	✔
Stocks	❌
Bonds	❌
Options	❌
ETFs	❌

Account Type & Leverage & Fees

　　Trade Fx provides 3 live accounts for users.

Account Type	Minimum Deposit	Leverage	Spread	Commission	Execution Speed	Suitable for
Standard	$100	Up to 1:500	From 1.5 pips	0	~1.23 seconds	Suitable for beginners
Premium	$1,000		From 0.8 pips		~0.82 seconds	Most popular
ECN	$5,000		From 0.0 pips		~0.80 seconds	For experienced traders

　　Demo accounts and Islamic accounts are also available.

　　Leverage can be extended up to 1:1000 depending on account settings. Note that higher leverage can improve profit potential while also increasing risk, therefore appropriate risk management is crucial.

　　Besides, TradeFx offers commission-free accounts with competitive spreads starting from 1.5 pips on Standard, 0.8 pips on Premium, and 0.0 pips on ECN accounts.

Trading Platform

　　TradeFx provides popular MT4 trading platform for its users.

Trading Platform	Supported	Available Devices	Key Features	Suitable for
MT4	✔	Desktop, Mobile, Web	Advanced charting, one-click trading, EAs support, multiple assets, backtesting	Beginners
MT5	❌	/	/	Experienced traders

Deposit and Withdrawal

　　Trade Fx provides many payment methods for users, including Bitcoin, Tether, Skrill, Neteller, PayPal, Visa, and Mastercard. TradeFx asks for a minimum $100 deposit. The deposit fee and withdrawal fee are $0.