FxNet.com Cyprus Based Forex Trading Broker Review
Below is a Forex review of online forex broker FxNet.com. FxNet.com broker is based in Cyprus. Below is a list of the most common review questions about FxNet.com that traders ask about this broker.
Forex Broker reviews - Forex Reviews of FxNet.com
Where is FxNet.com currency broker based
FxNet is based in Cyprus, its address is:
Agios Athanasios Avenue, No. 58-60
El Greco Building Office 202,
Is FxNet.com a licensed and regulated Forex broker
Review details of the license, registration and regulation of this FX broker can be found on the brokers’ website.
FxNet is regulated by Cyprus Securities and Exchange Commission, CySEC, license number 182/12
What is the execution method of FxNet.com
STP, Straight Through Processing instant execution of orders, with No Requotes
What are the broker spreads of FxNet.com
The Forex broker spreads are:
Spreads may vary depending on account type.
Financial Instruments Provided For Trading
What are the account types of FxNet.com online broker
- Standard Account
- VIP Account
NB: stop out levels will be increased from 20% to 60% over the weekend.
Does FxNet.com broker have Islamic Forex Trading Accounts
FxNet provides swap free Islamic Accounts
What are the terms for demo accounts for FxNet.com
Unlimited time demo trading account is provided for practice currency trading
How is the withdraw and deposit process of FxNet.com
Bank wire, Credit card, debit card, Skrill, Neteller and Webmoney money transfer methods are provided for deposit and withdraw. All methods except bank wire are Instant deposit methods and same day withdraw processing.
Bank wire – no charges on deposit and withdraw
Credit card, debit card, Skrill deposit fees - 2.5%
Neteller deposit fees - 3.9%
Webmoney deposit fees - 0.9%
Credit card, debit card withdraw fees - 2.5%
Skrill withdraw fees - 1%
Neteller withdraw fees - 2%
Webmoney withdraw fees - 0.9%
What is the minimum account opening capital for FxNet.com
$5 is the minimum account opening deposit
- Standard Account - $5
- VIP forex account - $10,000
Does FxNet.com give an account opening deposit bonus
50% account opening deposit bonus is given by FxNet, up to a maximum of $3,000
What is the security and reliability of FxNet.com
What is the Forex broker ratings for FxNet.com security and reliability
FxNet is regulated by Cyprus Securities and Exchange Commission and has a good rating for security and reliability of deposited funds.
FxNet is a member of Investor Compensation Fund that covers client deposits up to a maximum of Euros 20,000.
FxNet keeps client deposits in a segregated bank account with Investment grade banks.
Does FxNet.com accept scalping
FxNet allows scalping trading
Does FxNet.com give free education to forex traders
This broker provides learn currency trading education for learn trading online.
FxNet provides a learn forex education section where traders can learn technical analysis and other trading FX topics from the forex training how to videos provided within this section.
What are the trading platforms of FxNet.com currency broker
Is FxNet.com a MetaTrader 4 Forex broker
FxNet.com provides MetaTrader 4 software which is the best Forex trading platform according to reviews.
The broker provides This trading platform MetaTrader 4 can be downloaded from the broker’s website.
Does FxNet.com allow automated forex trading
The broker automated trading policy on automated forex trading is:
FxNet allows Expert Advisors automated forex trading on their Metatrader4 platform. Traders can also use the ZuluTrade Platform that is specifically designed for automated trade execution.
What are FxNet.com broker website sections
The website sections of this trade broker are:
Forex Trading Accounts Section: where traders will find information about accounts such as demo account, practice account and live accounts provided by this currency broker. Traders wanting to start trading can open an account from this section.
Contact Section: there is a section of contacts for this fx trading broker, where an fx trader can contact this broker.
Forex Trading Platforms Section: this section provides platforms where a trader can choose one for trading online.
Commodities and Stock Indices trading section: for information and specifications about these financial instruments.
Currency Charts and Currency rates section
FAQ section for frequently asked question about this forex broker.
Economic calendar section: for updates on currency market news and economic events.