FxNet Discussion
- Website: www.fxnet.com
- Founded: 2012
- Company: FxNet Limited
- Headquarter: 4 Theklas Lysioti St, Harmony House, Office 31, 3rd Floor, 3030 Limassol, Cyprus
- Regulation: CySEC (182/12)
| International offices | – |
| Broker Type | STP |
| Broker Status | Independent Broker |
| Accept U.S Clients |  |
| Live Chat |  |
| Phone | +357 25 108 111 |
| Fax | – |
| [email protected] | |
| Website Languages | English, Japanese, Greek, Arabic, Romanian, Russian |
Account Information
| Free Demo Account | |
| Min. Deposit | $50 |
| ECN account | |
| Account Currencies | USD, EUR, GBP, RUB |
| Maximum Leverage | 500:1 |
| Minimal Order Volume | 0.01 |
| Segregated accounts | |
| Swap-free Accounts | (Islamic accounts only) |
| MAM/PAMM accounts | MAM |
| Managed account | |
| Interest on margin | |
| Deposit/ Withdraw Options | Skrill • Neteller • China UnionPay • Western Union • Bank Wire • Visa/ Mastercard • Fasapay • QIWI Wallet |
Trading Terms
| Trading Platforms | MetaTrader 4 (desktop, mobile, web, iPhone, iPad, android) |
| Precision pricing | 5 digits |
| Type of Spread | Floating |
| Commission | Platinum Account – 6$ one way / 12$ round traded lot |
| Lowest spread on EURUSD | 1.9 |
| Scalping | |
| Hedging | |
| Expert Advisors | |
| OCO orders | |
| Mobile Trading | |
| Web Trading | |
| Gold, Silver | |
| CFDs | |
| Cryptocurrency Trading | Bitcoin • Ethereum |
| Other Trading Instruments | Indices • Futures • Energies • Stocks • Commodities • Metals |
| Promotion | |
| Trading Contests | |
What’s new
January 12, 2013: Add a listing for FxNet.
Ashish says
I have some good satisfactory experience with this broker. They have a massive 100% deposit bonus which is the most attractive offer, though they have some high spreads charges comparatively from other brokers of the market, but their execution is really fast and that surely makes the difference. They once held a contest but i think contest in a regular basis will attract the other traders to try out their offers and understand their features too.
Jonathan Mcmillan says
The good thing about STP brokers is that they don’t intervene in your trades. This broker is amazing. No delaying on order executions and no intervene in my trades.
Jadon says
Their spreads are not the best this is for sure. They said that are fixed but not 100% sure if they mean it. I will open a demo account and will see the results.
Albrecht Oswald says
Execution 10/10. Spreads 7/10. Customer Support 9/10. Overall a good brokerage in my books
Johnny Flatu says
one good thing about fxnet is they accept all my trades. I have been scalping like crazy and all they tell me is to do more volume ^^ – I love that!
Dani Bibo says
Their spreads are fixed though….isnt it expected to have higher spreads for fixed brokers…that’s what i thought
I opened an account today and was pleasently surprised to get a $300 bonus :). I deposited 600 and now my equity shows $900. they must have some promotion i guess but didnt see it on their site.
Anyway it was a pleasent surprise
Patrick says
EURUSD spread is 2.8 !!!!!! Are you joking ? Leaving in a world that 1000 brokers are competing for clients, they are offering a spread of 2.8 ?
I prefer a recognised broker with far less spread, don’t waste your time on their demo.
2.8 SPREAD ON EURUSD !!!!!!! OH MY GOD
Polina Parmakki says
Dear Patrick
At FxNet we present our spreads honestly and in accordance with our liquidity providers’ pricing. Our Standard Account EURUSD spread start from 2.3, while our Platinum starts from 0.
The company and the website clearly state that we offer floating spreads through an STP (Straight Through Processing) System and therefore any trader would know that under different market conditions spreads can become slightly higher but also lower.
FxNet is regulated by CySEC and is registered with a series of European authorities, all of which can be seen on the perspective websites. Our motto is to be transparent and honest allowing clients to be informed before deciding to trade with us.
Regards
Polina
FxNet Representative