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 | |
Founded | 2018 |
Registered Country/Region | Mauritius |
Regulation | No regulation |
Market Instruments | Forex, Commodities, Crypto CFDs, CFDs, Indices, Stocks |
Demo Account | ✅ |
Leverage | / |
EUR/USD Spread | 0.0–0.2 pips (with 0% Commission Account) |
Trading Platform | MetaTrader 4 (MT4), Web Trader |
Minimum Deposit | $10 |
Customer Support | Live chat |
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.
Pros | Cons |
Zero-commission trading | No regulation |
Supports crypto deposits & withdrawals | No MT5 |
Offers both live and demo accounts | No swap-free (Islamic) account |
Inactivity fee charged |
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.
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”.
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 Instruments | Supported |
Forex | ✓ |
Commodities | ✓ |
Crypto CFDs | ✓ |
CFDs | ✓ |
Indices | ✓ |
Stocks | ✓ |
Bonds | ✓ |
Options | ✓ |
ETFs | ✗ |
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 Type | key Features | Suitable for |
0% Commission Account | No commission, low spreads, no transaction fees, 180+ assets, Bitcoin & fiat deposits accepted | Cost-conscious traders seeking minimal fees |
Eco Account | $1 commission per lot, matched by CedarFX, funds go to Ecologi for environmental projects | Traders wanting to support sustainability |
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.
Non-Trading Fees
Non-Trading Fees | Amount |
Deposit Fee | 0 |
Withdrawal Fee | 0 |
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 | Supported | Available Devices | Suitable for |
MetaTrader 4 (MT4) | ✔ | Windows, Android, iOS, Web Trader | Beginners |
MetaTrader 5 (MT5) | ❌ | — | Experienced traders |
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 Method | Minimum Deposit | Minimum Withdrawal | Fees | Deposit Time | Processing Time |
Bitcoin | $10 | $10 | No CedarFX fee, but blockchain/miner fees apply | 5–60 min | Within 24h + blockchain time |
Credit/Debit Card via Instacoins | $50 | - | Third-party fees (Instacoins) may apply | Varies by Instacoins | - |
Bank Wire via Instacoins |
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