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CedarFX-Overview of Minimum Deposit, Spreads & Leverage

WikiFX | 2025-06-03 16:16

Abstract:  CedarFX, established in 2018 and incorporated in Mauritius, is an unregulated broker that trades over 180 assets, including forex, commodities, stocks, indices, and cryptocurrency CFDs. It offers two types of accounts (0% commission and Eco) and supports MT4 on PC, mobile, and online platforms.

CedarFX Review Summary
Founded2018
Registered Country/RegionMauritius
RegulationNo regulation
Market InstrumentsForex, Commodities, Crypto CFDs, CFDs, Indices, Stocks
Demo Account✅
Leverage/
EUR/USD Spread0.0–0.2 pips (with 0% Commission Account)
Trading PlatformMetaTrader 4 (MT4), Web Trader
Minimum Deposit$10
Customer SupportLive chat

CedarFX Information

CedarFX, established in 2018 and incorporated in Mauritius, is an unregulated broker that trades over 180 assets, including forex, commodities, stocks, indices, and cryptocurrency CFDs. It offers two types of accounts (0% commission and Eco) and supports MT4 on PC, mobile, and online platforms.

CedarFX's homepage

Pros and Cons

ProsCons
Zero-commission tradingNo regulation
Supports crypto deposits & withdrawalsNo MT5
Offers both live and demo accountsNo swap-free (Islamic) account
Inactivity fee charged

Is CedarFX Legit?

CedarFX is an unregulated broker. Although it claims to be registered in Mauritius, the country lacks a recognized financial authority that oversees or regulates FX or CFD brokers.

No license

According to Whois records, the domain cedarfx.com was registered on March 21, 2018, last updated on March 22, 2025, and will expire on March 21, 2027. The domain status is currently set to “client delete prohibited,” “client renew prohibited,” “client transfer prohibited,” and “client update prohibited”.

Domain information

What Can I Trade on CedarFX?

CedarFX provides over 180 financial assets, including forex, indices, commodities, stocks, futures, and cryptocurrency CFDs. Traders have access to major, minor, and exotic currency pairs, global indexes, precious metals, oil, and a diverse variety of top company stocks.

Tradable InstrumentsSupported
Forex✓
Commodities✓
Crypto CFDs✓
CFDs ✓
Indices✓
Stocks✓
Bonds✓
Options✓
ETFs✗
What Can I Trade on CedarFX?

Account Type

CedarFX provides two types of live trading accounts: the 0% Commission Account for cost-conscious traders and the Eco Account for those who want to support sustainability efforts. Both account types are accessible as real or demo accounts, and they may be created using the MetaTrader 4 platform. CedarFX does not specifically specify Islamic (swap-free) accounts on their website.

Account Typekey FeaturesSuitable for
0% Commission AccountNo commission, low spreads, no transaction fees, 180+ assets, Bitcoin & fiat deposits acceptedCost-conscious traders seeking minimal fees
Eco Account$1 commission per lot, matched by CedarFX, funds go to Ecologi for environmental projectsTraders wanting to support sustainability
Account Type

CedarFX Fees

CedarFX's overall fees are lower than industry standards since it charges 0% commission on trades, allowing traders to use their whole deposit at no additional expense.

Zero commission

Non-Trading Fees

Non-Trading FeesAmount
Deposit Fee0
Withdrawal Fee0
Inactivity Fee$10 USD per month after 180 days of account open, if no deposit in 90 days and no trading activity in 30 days

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
MetaTrader 4 (MT4)✔Windows, Android, iOS, Web TraderBeginners
MetaTrader 5 (MT5)❌—Experienced traders
MT4

Deposit and Withdrawal

CedarFX does not impose deposit or withdrawal fees, however, Bitcoin transactions incur blockchain network/miner costs. The minimum deposit is $10 (Bitcoin) or $50 (other methods), while the minimum withdrawal is $10.

Payment MethodMinimum DepositMinimum WithdrawalFeesDeposit TimeProcessing Time
Bitcoin$10$10No CedarFX fee, but blockchain/miner fees apply5–60 minWithin 24h + blockchain time
Credit/Debit Card via Instacoins$50-Third-party fees (Instacoins) may applyVaries by Instacoins-
Bank Wire via Instacoins
LeverageBrokerCommissionCurrency PairDealer

Related broker

No Regulation
CedarFX
Company name:Cedar Ltd
Score
2.10
Website:https://www.cedarfx.com/
5-10 years | Suspicious Regulatory License | MT4 Full License | Regional Brokers
Score
2.10

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