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FxNet Review and Information 2024

FxNet Information and Review FxNet
Voting Rating FxNet does not participate in the Forex Rating
Submit Forex Broker
Reviews Rating
Status Closed
Regulation CySEC
Trading software Metatrader 4, Simple Trader
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 is a brokerage firm established as a Cyprus Broker acquired over a decade in the financial investment industry, as well as based on the knowledge and professionalism approach.

Being an STP broker you will trade through a Market Execution also provided with competitive pricing, with no restrictions on strategies while broker keeps a high level of customer service and supporting its clients. Along with an offered powerful execution and connection to the market through liquidity providers, there is an exposure to various markets including Currencies, Metals, Shares, Bonds, Commodities and Indices.

However, there are no comprehensive educational materials, just trading information with economic calendars, news feed and other essential data. So beginning traders better to find another source of learning, yet there are good conditions for starting with FxNet, so it might be an option too.

FxNet Trading Information 2024


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
Sponsorship contests, competitions
1st deposit bonus
Trading by phone
Mobile trading
Automated trading
Demo account
Swaps
24/5 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)
Maximum Leverage 500:1
Standard account, $ 25
Mini account, $ 25
Popular payment methods Wire transfer, Neteller, Credit Cards, WebMoney, Skrill, Payza
Account currencies USD, EUR, JPY, GBP, CHF, AUD
Available assets Currencies, Metals, Shares, Bonds, Commodities, Indices
Languages English, Arabic, Japanese, German, Greek, Russian, Chinese, Czech
Platforms Metatrader 4, Simple Trader
Broker type Broker
Regulation CySEC
Foundation 2012

FxNet Traders' Reviews

Good afternoon. I appeal with respect to the company once again with a request to take the issue seriously and once again give me the opportunity to get out of the unpleasant situation associated with unsigned indices hanging on my account. In addition to the trading agreement that you provided me, I would like to provide such tools and some kind of joint work of brokers so that you can see the positive dynamics on the account. In the meantime, for the third month of work, which worries me very much, I see only movement in one place, and I don’t want to waste time on it, a lot of resources and my nerves have already been lost. I would like to see that the work on restoring the account lost for the second time for the most part goes in a positive direction at a normal pace and does not stand still. I will be grateful for your understanding. And I want to see the result, my position and your reputation depend on it. At the moment, the dynamics are very small, which cannot but bother me. Hope to see positive moves from your side. I don't want to lose money, neither you nor me. And I want to leave only positive feedback. So make your work with clients so that it can be seen in practice and people themselves will be happy to contact you. As a client of your company, for the third year already, I have several times requested that clients and their accounts be treated with great care, especially with working on those instruments that may cause problems. Hope for understanding!
  20 Jun 2023  

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I have been working with FxNet since June 2018. They cheated me out of $8,000. The analyst gave guarantees that everything would be fine, and now the account is minus $1,500, which is unrealistic in principle, but everything is real with them. They communicate well with you until they swindle large sums of money from you, then look who they really are. Take your money from them, the sooner the better, before they make you a beggar and put you in debt.
  10 Apr 2022  

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I'm dealing with them now, I feel like I'm being scammed. Do not give these people your money! I feel so stupid.
  2 Dec 2020  

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They are scammers. Stay away from them. I worked for them and they did not even contract me for work and I did not even get paid.
  21 Nov 2018  

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Was it from fxnetf? Do you remember the name of the person?
IMad   2 Dec 2020
Future Trends and Developments in Forex Trading with Expert Advisors

The future of Forex EAs lies in the further integration of AI and machine learning technologies, enabling the creation of even more sophisticated and adaptive trading systems. These advancements could lead to EAs that better understand market sentiment, predict future movements with greater accuracy, and manage risks in more nuanced ways.

Fx Net has been my second CFD broker after FXCM, spreads are not as goodnas fxcm but the market research is upto the mark, I went with their suggestion of trades and got some good returns.
  20 Aug 2018  

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I've joined them 6 months back, their spreds are not so good In fact in few its below average but their market research proved quite helpful for me, the account manager was an Indian gave a profit of around 37% in 3 and a half months, which in UAE my friend is a great return. Thumbs up for their DUBAI IB Office
  18 Aug 2018  

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They took 3 deposits from me last month & only paid 2 into my trading account. Been more than a month now, and still nothing has appeared in my account, or been refunded to me. When I emailed a query, they completely ignore me. They take your deposits without question, but when you want to withdraw, then suddenly your documentation is incomplete. Do not feel safe trading with FXNET & looking for a new broker...
  10 Aug 2018  

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Had same experience. Had to resort to unconventional methods to get my funds back.
Paul Costain   21 Aug 2018
Just been conned by fxnet. They manipulate the price. Stay away from them.
  7 Apr 2018  

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Me and all the people I know who used FXNet lost all they deposited in.
  14 Mar 2018  

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I will never use FxNet again. They state that withdrawals have been approved and processed only to find out it is not the case. A hundred excuses on why there were errors processing your request. Don't use them.
  27 Oct 2017  

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I got ripped off by ukoptions recently, I had to hire a refund professional to get my funds back. Glad I got a refund, happy to share my experience.
christhartie   30 Oct 2017
Thank you for your comment. Our Clients are our main priority and therefore we apply all measures to ensure that each Client is provided with an exceptional customer support, high-end trading technology and excellent trading conditions. If you have any reasons to believe that we have not met our obligations to you, please send us an e-mail to support, specifying your client number in order to follow up with you personally. We look forward to hearing from you.
FxNet Representative   2 Nov 2017
FXnet offers the MT4 and Mobile platforms to trade online. It is top forex trading platforms. Company delivers tens currency pairs and other trading instruments. Slippage size is the smallest one among other brokers out there. Based on my logs of executed orders I can also confirm tight spreads. Absolutely no server disconnections in the most active trading time in all sessions.
  28 Mar 2017  

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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!
  30 Jun 2016  

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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 Dec 2016
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?
  27 Jun 2016  

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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...
  12 Oct 2015  

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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 Oct 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 Apr 2016
The Top Forex Expert Advisors 2024: Performance, Strategy, and Reliability Review

An annual roundup reviewing the most successful Forex Expert Advisors (EAs) based on their performance, strategies employed, reliability, and user feedback. This piece would provide insights into which EAs have been market leaders and why.

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.

  14 Jan 2014  

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Execution 10/10. Spreads 7/10. Customer Support 9/10. Overall a good brokerage in my books
  28 May 2013  

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Another broker who claims to be a true STP broker? Well they really are STP broker. Their execution and their service is amazing. Their spreads not the best but are fixed even when the news comes out.

  10 May 2013  

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For me this is one of best broker - they have very fast support response and excellent trading conditions - very smooth customer service support.
  15 Apr 2013  

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i have been 2 months with this broker and am happy with their service. Im being handled by a Mr. Paul and so far he has been great and very helpful. have not been succesful so far but i hope with their bonus i can make back some money.
  21 Feb 2013  

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Hello Everyone, I've just got my first withdrawal of $35 following their 50% promotion. Process was smooth enough and got a message also informing me of my withdrawal. Would give them 4 out of 5 - only thing I would like to see is variable spreads and cTrader. are there any representatives on here?
  12 Feb 2013  

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