fXFLAT BANK Spreads, leverage, minimum deposit Revealed

FXFlat Information

　　FXFlat is a German brokerage firm operating as a market maker. It is regulated by the Federal Financial Supervisory Authority (BaFin), known for its strict financial oversight. However, its license was exceeded.

Pros and Cons

Is FXFlat Legit?

　　FXFlat is supervised by the German Federal Financial Supervisory Authority (BaFin) under license number 109603. However, it was exceeded.

Regulated Country	Regulated Authority	Current Status	License Type	License Number
	German Federal Financial Supervisory Authority (BaFin)	Exceeded	Common Financial Service License	109603

What can I Trade on FXFlat?

　　FXFLAT offers trading services in CFD-Trading, Futures and Spot Forex.

Account Type

　　FXFlat offers two types of accounts: Standard Account and Professional Account. However, detailed account features are not revealed.

Leverage

　　XFLAT provides flexible leverage options tailored to different asset classes, enabling traders to optimize their strategies while managing risk.

FXFlat Fees

　　Account management services are free of charge, and CFDs trading does not charge any commission fees. However, fees are charged in futures trading, varying between €0.80 and €5.90 per contract.

Trading Platform

　　FXFLAT supports both a proprietary MetaTrader 4 (MT4) and the MetaTrader 5 (MT5) platform.

Deposit and Withdrawal

　　FXFlat different types of payment options, including iDeal, Mastercard, Maestro, VISA, Paypal, Skrill, and Klarna. As for bank transferring, customers can deposit funds into FXFlat Bank in EUR. The minimum initial deposit is not clear, but a minimum amount of 50,00 EUR is required for further deposit.