PrivateFX Review and Information 2023

	PrivateFX
Voting Rating	PrivateFX does not participate in the Forex Rating Submit Forex Broker
Reviews Rating
Status	Closed
Regulation	CySec
Trading software	MetaTrader4
Headquartered	Suite 305, Griffith Corporate Centre, P.O. Box 1510, Beachmont, Kingstown, St. Vincent and the Grenadines

Online broker PrivateFX was established in 2015 in St. Vincent and the Grenadines as a part of PrivateFX group of companies with the participation of investment company Concorde Capital. The group of companies also includes Private Innovative Society Ltd and Fiby Solutions Ltd. Forex broker PrivateFX is currently not regulated but the broker is in the process of getting license by FCA and CySec. Forex PrivateFX offers its customers real access to global financial markets with the usage of advanced trading solutions and best liquidity providers.

PrivateFX trading claims its main goal and principles the financial success of traders and the accessibility of international currency markets to investors from all over the world. PrivateFX allows its customers to review and manage all possible market risks in order to make trading as safe and profitable as possible. The exact and fast order execution is another strong feature of the broker. The broker’s trading platforms are MetaTrader4. The minimum account at PrivateFX is only 20$, the leverage is up to 100:1, the spread for main currency crosses varies from as low as 0.3 to 1.9.

PrivateFX contains lots of useful info, including daily analysis, market news and economical calendar.

PrivateFX Trading Information 2023

WWW	https://privatefx.com/
Address	Suite 305, Griffith Corporate Centre, P.O. Box 1510, Beachmont, Kingstown, St. Vincent and the Grenadines
Headquarters	St. Vincent and the Grenadines
Free phone	+41 22 566 28 50
24 hour support
Expert advisors
Mobile trading
Automated trading
Daily analysis
Demo account
24/5 trading
Scalping
Hedging
PAMM
Commissions
Digits after the dot in quotes	5
Minimum position size	0.01
Spread Type	0.3-1.9
Pip spread on majors
Maximum Leverage	100:1
STP, $
ECN, $
Standard account, $
Mini account, $	20
Popular payment methods	WebMoney, NETELLER, QIWI, Yandex Dengi
Account currencies	USD
Available assets	metals, indices
Languages	English, Russian
Platforms	MetaTrader4
Broker type	Broker
Regulation	CySec
Foundation	2015

PrivateFX Reviews and Comments

The classic brokerage house for manual trading. If you have never had anything about trading before, then this might be the right FX broker. I had few issues only with broker. First is about signal lost and my order wasn't executed by appropriate price. The second issue was withdrawn funds from my account with delays. It took 6 days (usually takes 2-3 business days). In addition, these guys have really good customer service whether I contact them by email, chat or phone call.
Berta 20 Jun 2017 Reply

Hi. By unknown reasons, I can't use all of my expert advisers. The more time I spend to figure out why is that, the more I waste my time. All EA work well with other brokers. Support dept is unwilling to solve it. I would say it's nice to chat with them by phone, but feels like they are not ready to work on higher technical level. If you have, tons of money then start trading here and get ready to see how money is running out from your account. First, you'll get notice that your trading conditions changed. Second, if you want better conditions you need to change account and deposit more funds. If you don't, you have tens of off quotes and order execution far away from current bid or ask. All these requotes will destroy you balance no matter how good you are at trading. Keep in mind and stay away.
John 25 Jul 2016 Reply

John I cooperate with PrivateFx broker - base on SelfTrading and I also I invest to PAMM or Indices. I think - When broker is on Real market - not ussually running each EA. It is my experience also from others brokers - it is always base on strategy - Scalping or Positions trading. I working on FX market more than 15 years but on PrivateFx I don't see any problem this time. I use also others 7 brokers for - variable trading and conditions are similar. Best Trend to all.
Bren77 1 Oct 2016

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