FxNet - Forex Broker information, rating, reviews

FxNethttps://www.fxnet.com/
Status
Regulation CySEC
Trading software Metatrader 4, Simple trader, Android, iPhone/iPad , Windows
Headquartered Agios Athanasios Avenue, 58-60 EL Greco Building, 202 4102, Limassol, Cyprus

Being established in 2012 as an online currency trading dealing center by now fxnet has grown into mature investment company with widespread clientele from all over the world. fxnet forex broker distinguishes itself from the rivals by offering platinum accounts with zero spreads, being thus the lowest spread on the market. zero spread forex allows customers to perform peaceful and lowcost trading nor worrying about disbursements inherent to currency trading. And what is most remarkable, fxnet reviews on various thematic forums mainly substantiate the fact that fxnet forex is comfortable enough to be suitable to both novices and experts in the industry. The minimum deposit forex with fxnet broker is only 50 dollars. Trying to offer the best conditions available on the market the company makes its services the most transparent, secure and trustworthy.  The innovative ideas applied to the broker’s trading software and investment technologies are the integral part of the general effectiveness demonstrated by fxnet’s customers. Being registered and licensed in Cyprus the broker has necessary and sufficient regulation not to differ much from the other participants of the industry.

On the broker’s profile page you can write your own fxnet review or to vote for the best forex broker in your opinion. 

FxNet trading information

WWW http://www.fxnet.com/
Address Agios Athanasios Avenue, 58-60 EL Greco Building, 202 4102, Limassol, Cyprus
Headquarters Limassol
Free phone +357 25 108111
24 hour support
Partnership programs
Trust management
Expert advisors
Free education
Bonuses, Promotions
Forex contests, competitions
1st deposit bonus
Trading by phone
Mobile trading
Automated trading
Demo account
Swaps
24 hour trading
Scalping
Hedging
PAMM
Commissions
Digits after the dot in quotes 5
Minimum position size 0.01
Spread Type Variable
Pip spread on majors From 0.0 (Platinum Account)
Leverage 500:1
ECN, $
Standard account, $ 25
Mini account, $ 25
Other payment methods
Popular payment methods Wire transfer, Neteller, Credit Cards, WebMoney, Skrill, Payza
Account currencies USD, EUR, JPY, GBP, CHF, AUD
Other instruments Commodities, Stock Indices
Other languages Romanian, Hungarian
Languages English, Arabic, Japanese, German, Greek, Russian, Chinese, Czech
Platforms Metatrader 4, Simple trader, Android, iPhone/iPad , Windows
Broker type
Regulation CySEC
Foundation 2012
50%Tradable Bonus on ALL DEPOSITS and RE-DEPOSITS

The latest bonus promotion of the regulated global forex STP broker, FxNet, has much to offer to their new clients...

Promotions, bonuses
Free One-Day Seminar in Kuala Lumpur, Malaysia

We are pleased to announce that the FxNet Team is flying to Kuala Lumpur, for an informative one-day seminar in Malaysia...

Brokers news
Aussie declines despite shrinking Australian trade deficit

The Asian session was calm as the economic calendar was light and most investors were positioning ahead of key risk events later this week, primarily the US nonfarm payrolls report on Friday...

Market analysis

USD/JPY slips as Nikkei falls in risk-off market after disappointing China PMI data

The first full trading week of 2014 began today, with Japan opening for the first time after a two-week holiday...

Market analysis
Technical Analysis On Major Currencies By FXNET

The pair extended the positive trading, whereas it approached 61.8% correction at 1.3625

Market analysis
Euro Hits Fresh 1-Month High After German Inflation Data

The dollar rose above 102.00 yen for the first time since May 29, while the euro flirted with the key $1.36 handle and hit a new four-year high within striking distance of 139.00 yen...

Market analysis
FxNet latest reviews
Review rating - 2  

Listen! That’s the main rule: if you want to be successful with forex trading, choose the broker regulated by European relevant institutions. Otherwise the risk of scam is rather high. Even if FXNet is not a scam, anyway it creates awful trading conditions and does not allow withdrawing! What is revolting, they give no reasons for it. Yes! They answered. But their answer cannot be regarded as the explanation. I have used the unreliable payment system – they say. But the broker itself offers it to me in its list! Utter rubbish!

Marinos   30 June, 2016  

Dear Marinos, Thank you for bringing this issue to our attention. We are sorry to hear that you have had a problem with our services. We hope your problem has been resolved. If not, please contact us specifying your client number so we can follow up with you personally. Please find our contact details on our official website. Looking forward to serve you, FxNet

marketingFXNet   7 December, 2016
Review rating - 2  

This broker can freeze withdrawals. And that is definitely not good. All its advantages are not worth a straw, when a trader cannot take his payouts. Even if there is the reasonable cause for such a month’s delay, they could be more polite explaining it. I’m changing the broker. Why should I have troubles and show understanding for their position?

Sasha   27 June, 2016  
Review rating - 2  

Do not have any affairs with this scam company. They will help you to get rid off all your money. A personal trader from the broker has lost seven thousand dollars from my trading account. Do not believe their nice fables...

Vadim   12 October, 2015  

I never trade with FXNET, I never heard about this broker. Perhaps its white label broker or something like that. I tend to trade in fxpro, Liteforex,Mayzus, and roboforex. They are good

kurnia   27 October, 2015

Hi Vadim, I just came across this forum and I have seen your comment.I want to say that I have been trading with FXNET for almost a year and I never felt that they were trying to get rid off my money. Actually, once I had a complaint with them regarding a withdrawal, they replied within 24 hours and my request was processed accordingly. Also my money were back to my account if I am not mistaken within 5 working days. The only thing that I will say for FXnet is that they are reliable and helpful brokers that helped me with my complaint. My advice is that you continue to trade with them as they are one of the safest options for a trader.

David_pliske   7 April, 2016
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Review rating - 3  

I am very happy with this broker. They provide me one of the best VPS for free because of my account balance which is 5000 USD. They cover the 10 dollars bank transfer fee. I got 100 dollars margin bonus which is a tradable bonus.

Their trade execution speed is awesome. No slippage or re quotes till today. The support staff is great and very helpful. I have provided my own dedicated personal manager. She is very very helpful. I got my daily trade report and also daily technical and trade suggestions. Their spread is a bit high but they are true STP NDD so that is not a problem for me. There are many brokers who claim that they are true STP but in fact they are not. A true STP broker must have high spreads than other brokers for obvious reasons.

They offered me an Islamic account (No swaps). I had to fill a form with attached proof of my religion. Their only condition is that there must be activity on my account. In other words they will revoke the 'no swap' facility if I abuse the account by just opening a couple of trades and letting them open forever without opening new trades. Which is fair as I understand. So far no swaps charged and a couple of my positions remained open for like 15 days but at the same time I was trading other positions and open and closing positions on daily basis.

So, in short I am very happy. I will keep updating you about my progress with them on monthly basis. Thanks.

kashif Naveed   14 January, 2014  
Review rating - 1  

Execution 10/10. Spreads 7/10. Customer Support 9/10. Overall a good brokerage in my books

winstonapple   28 May, 2013  
  


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