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Forex.ee Review and Information 2024

Forex.ee Information and Review Forex.ee
Voting Rating Forex.ee does not participate in the Forex Rating
Submit Forex Broker
Reviews Rating
Regulation n/a
Trading software TickTrader
Headquartered Estonia

ECN (Electronic Communications Network) is an order processing system that excludes conflicts of interest between a broker and clients. Due to Forex market being largely unregulated with no Central Exchange, trading is performed in an OTC (Over the Counter) market. ECN technology provides direct access to the Forex Interbank market, where orders of traders can be offset one against another, making it possible to trade directly with other retail market participants. In order to provide execution at the best price, the system automatically allocates all buy/sell orders to the counterpart orders with matching parameters. With STP technology (Straight-Through Processing), all orders are transferred directly to the liquidity providers and can be seen on the platform by other traders.

Thus, trading with use of ECN/STP technology is performed in such a way that all orders are placed in the common liquidity pool, which allows selecting orders of the matching instrument, price and volume for automatic ultra-fast execution.

STP Account provides advantages of trading with access to the real market. On STP account, broker’s commission is included into the spread (unlike ECN commission, which is separate from the spread). Spreads on STP account are floating according to the current balance of buy and sell orders placed in the ECN pool. Orders of each client are executed by matching them with other orders available on the market, which means commission is charged only for using broker’s liquidity. For both ECN and STP accounts, a wide range of financial instruments is available without any restrictions on strategies you may want to apply, including scalping and algo-trading. There are no restrictions on Pending, Stop Loss or Take Profit orders either: you are free to place such orders just a couple of pips away from the current market price or even within the spread.

One of the most popular trading platforms

Forex.ee Trading Information 2024


WWW https://forex.ee/
Address Estonia
Headquarters Estonia
Free phone +442035198249
24 hour support
Partnership programs
Expert advisors
Free education
Sponsorship contests, competitions
Mobile trading
Automated trading
Daily analysis
Demo account
Swaps
24/5 trading
Scalping
Hedging
Commissions
Digits after the dot in quotes 5
Minimum position size 0.01
Spread Type Variable
Pip spread on majors 1-3
Maximum Leverage 500
Standard account, $ 100
Popular payment methods Skrill, Wire transfer, Credit/debit cards, UnionPay, Perfect Money, FasaPay, Bitcoin
Account currencies EUR, USD
Available assets Forex, Shares, Indices, Futures, Commodities
Languages English
Platforms TickTrader
Broker type ECN
Regulation n/a
Foundation 2004

Forex.ee Reviews and Comments

I became their client because Forex.ee has been on the market for a long time, it has a license, and with a rating, I see that everything is in order with them. Let's just say that this is the first point that prompted me to go to them. The second point is that they have normal tariffs. It’s really possible to work and earn money here if you know how to think, analyze and trade, and regardless of the commission that is taken from your turnover. I remember how I started trading with the Forex.ee broker 5 years ago. During this time, the broker has grown a lot. They expanded the pool of instruments, the performance has grown to the top, and everything got better. From myself I probably won’t add anything new, but it’s good that the broker who helped me earn money for my favorite car exists and is thriving.
  2 May 2023  

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