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FxNet Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-31 10:18

Abstract: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.

FxNetReview Summary
Founded2004-03-22
Registered Country/RegionUnited Arab Emirates
RegulationUnregulated
Market InstrumentsCurrency Pairs/Currencies/Metals/Stocks/Commodities/Stock Index
Demo Account/
Leverage/
SpreadFrom 0 pips
Trading PlatformMT4(Windows/iOS/Android/Webtrader)
Min Deposit/
Customer SupportPhone: +357 25 108 111
Email: support@fxnet.com

FxNet Information

  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 Information

Is FxNet Legit?

  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.

Is FxNet Legit?
Is FxNet Legit?
Is FxNet Legit?
Is FxNet Legit?
Is FxNet Legit?

What Can I Trade on FxNet?

  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✔
What Can I Trade on FxNet?

Account Type

  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 STANDARDVIPPLATINUM
Minimum Spread (points)23180

FxNet Fees

  The spread is from 0 pips. The lower the spread, the faster the liquidity.

Trading Platform

  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 PlatformSupported Available Devices Suitable for
MT4✔Windows/iOS/Android/WebtraderJunior traders
Trading Platform

  

Related broker

Unverified
FxNet
Company name:Fxnet Ltd
Score
1.62
Website:https://www.fxnet.com/eu/en/
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.62

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