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High Rise Market LLC-Some Important Details about This Broker

FxPlayer Spreads, leverage, minimum deposit Revealed

WikiFX | 2026-04-20 22:54

Abstract:FxPlayer Ltd was founded in 2014, specializing in the True ECN/STP trading model. Relying on pricing from tier-1 banks, it offers global financial instruments such as foreign exchange, commodities, and indices. However, it lacks regulatory oversight and has insufficient transparency in fees.

FxPlayer Review Summary
Registered On2014-01-30
Registered Country/RegionMarshall Islands
RegulationUnregulated
Market InstrumentsForex, Commodities, and Indices
Demo Account✅
LeverageUp to 1:200
SpreadAverage Spreads from 0.4 pips(EUR/USD)
Trading PlatformFxPlayer Trader, MT4/MT5, Currenex, and UniTrader/ActTrader
Min Deposit$50
Customer Support/
Trust Company Complex, Ajeltake Road, Majuro, Ajeltake Island, MH96960, Marshall Islands

FxPlayer Information

  FxPlayer Ltd was founded in 2014, specializing in the True ECN/STP trading model. Relying on pricing from tier-1 banks, it offers global financial instruments such as foreign exchange, commodities, and indices. However, it lacks regulatory oversight and has insufficient transparency in fees.

Pros and Cons

Pros Cons
Commission as low as $0.02 per micro lotUnregulated
Multiple trading instrumentsNo real-time spread data
Diverse platformsLeverage up to 1:200
Deposit bonusesBonus threshold
Demo account available

Is FxPlayer Legit?

  FxPlayer is unregulated. Traders are advised to prioritize brokers regulated by authorities such as the FCA or ASIC.

What Can I Trade on FxPlayer?

Tradable Instruments Supported
Forex✔
Commodities✔
Indices✔
Cryptocurrencies❌
Precious Metals❌
Shares❌
ETFs❌
Bonds❌
Mutual Funds❌
Forex

Account Type

  FxPlayer offers 6 account types, with the core differences as follows:

Account TypeMicroMiniNormalProInstitutionalFlex
Minimum Deposit$50$500$5,000$20,000$100,000$10,000
Average Spreads(EUR/USD)0.4, Variable0.4, Variable0.4, Variable0.4, Variable0.4, Variable0.4, Variable
Commission (per micro lot)$0.06$0.05$0.04$0.03$0.02$0.04
Maximum Leverage1:1001:1001:2001:2001:2001:200
Maximum Trading Volume10,000 units100,000 units1,000,000 units10,000,000 units100,000,000 unitsUnlimited

Fees

  The average spread for major currency pairs such as EUR/USD is 0.4 pips, and the commission ranges from $0.02 (Institutional account) to $0.06 (Micro account) per micro lot.

Leverage

  The maximum leverage for Micro/Mini accounts is 1:100 and For Normal accounts and above, the maximum leverage is 1:200.

Trading Platform

  FxPlayer provides a self-developed platform, FxPlayer Trader, and third-party platforms such as MetaTrader 4/5 (Web), Currenex, suitable for institutional users, and UniTrader/ActTrader.

Trading PlatformSupported Available Devices Suitable for
FxPlayer Trader✔--
MT4/MT5✔WebBeginner/experienced traders
Currenex✔-Institutional clients
UniTrader/ActTrader✔--

Deposit and Withdrawal

  Deposit

  FxPlayer supports deposits via credit cards (VISA/MC), e-wallets (PayPal), Bitcoin, and bank wire transfers (for some accounts). A 100% bonus is available for the first deposit (subject to trading volume requirements).

  Withdrawal

  Processing is usually done on the same day or the next working day. Applications submitted after 12:00 EET will be postponed.

Withdrawal

Bonus

  FxPlayer offers a tiered deposit bonus. Deposits ranging from $100 to $1,000+ are eligible for 100%-500% bonuses (up to $5,000). However, to qualify, users must complete 50 lots of forex trading within 2 months for every $100 bonus received, and each account is limited to one bonus claim.

  

Related broker

Not Regulated
FxPlayer
Company name:FxPlayer Ltd
Score
1.63
Website:http://thefxplayer.com/
5-10 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk
Score
1.63

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