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Independent rating of Forex broker FXNet

5/10 (votes 100)

On-line since
2012
Country of origin
Cyprus
Regulation
CySEC, FCA, MiFID, BaFin
Payment options
wire transfer, Neteller, payment cards, WebMoney, Skrill, Payza
Minimum account size
$50
Minimum lot size
0.01 lot
Leverage
1:500
Spreads
floating
FXNet is a European brokerage company offering trading services on the currency market and access to a wide range of financial instruments. The company’s activity is regulated by the Cyprus Securities and Exchange Commission (CySEC), Financial Conduct Authority (FCA), The Markets in Financial Instruments Directive (MiFID), and German Federal Financial Supervisory Authority (BaFin).
FXNet positions itself as a STP Forex broker. Among the company’s main liquidity providers are the most reliable banks such as JP Morgan, Barclays, Goldman Sachs and others. Moreover, the broker is a member of Investor Compensation Fund. Thanks to it, all private clients have a right to receive 20 thousand euros in case of bankruptcy.
FXNet provides its clients with a wide array of trading instruments, including 31 currency pairs, CFDs, agricultural products as well as energy and stocks of 60 US largest corporations. Trading can be performed via the MetaTrader4 trading platform.
Leave your feedback on FXNet, if you are a current or a former user of the broker’s services.

Comments

Author: Vallen Date: 2022-09-16 06:47:16 (UTC+3)
I am pleased with scalping trading at FXNet broker, As my orders execute instantly on the MT4 platform and I can use many useful tools and technical indicators in their live price chart on high and low timeframe. So I can make a profit and feel satisfied with their services. Especially their withdrawal and deposit are very fast via Skrill or bank transfers. So I’m totally pleased with the FXNet broker.
Author: Nessie Date: 2022-05-25 06:56:11 (UTC+3)
After a year of trading with FXNet, it's always been pleasant and I have nothing to complain even never face any bad experiences during trading with FXNet. FXNet is a professional broker, they have a good trading platform that can bring me profit. The platform works well, and I found fast execution without any slippages. I'm using my bank account to transfer funds to my trading account and the transactions are processed well. Last time, I tried withdrawing $1200 and it was transferred to my account within 6 hours.
Author: Mellisa Date: 2022-01-17 02:03:42 (UTC+3)
Upon reading the reviews from other traders and after doing a lot of research and testing of new potential, they are good and regulated. The execution is perfect and I am satisfied on the speed like <50ms, spread is very good during times with good liquidity (usually less than 3 pips for eur/usd and usd/jpy). For now, I earned $320 monthly profit and i hope to make it grow more with them. I don't have a big account yet, but I am pleased they treat me very good. And commission rate is one of the cheapest out there if you sign up during their promotion period. They do everything they say they would, and even go the extra mile.
Author: Rachid Date: 2021-10-13 07:04:30 (UTC+3)
So far, my experience at FXNet is pretty pleasant. I am able to make my trades smoothly because of their stable platform. The trading fee is also reasonable. And the the customer support team responds quickly to any messages.
Author: Dumby Date: 2021-09-27 01:58:38 (UTC+3)
I try some other broker in Asia also but I think FX Net has better spreads and easy to use platform. I never had any big issues. Rarely has slippage so everything is good with this broker. I disagree with some of the negative reviews about FX Net because as I know FX Net is a very good and highly recommended broker for traders wherever traders are, both of newbie and professional traders. The support team has provided assistance whenever I needed, Good broker worth to try!
Author: Craige Date: 2021-06-22 03:53:28 (UTC+3)
Despite being a beginner in Forex trading, I was able to adjust well on my trading experience at FXNet. This broker is very accommodating to newbies and they would really provide all kinds of assistance.
Author: Zakey Date: 2021-05-21 02:18:23 (UTC+3)
I'm totally saticfacted with them. I’m start trading with FX Net for a few month ago. So far the spread is fair for me as newbie, and their platform also good to use. I got a good support, interesting analytics and reviews and good information to learn how to trade like how become a beginer trader. As a newbie I’m not familiar with the indicators, all I do is following paid signal from pro traders and at the same time I learn how to trade with myself. At this time I just can say So far my experience with FX Net has been a great and I had no problems with withdrawal. I will keep trading with them.
Author: Samuel Date: 2021-03-01 07:24:35 (UTC+3)
Sometimes, it is also not too bad to check out what our online friends are telling us. I met another trader at Forex forum and he was the one who introduced me to FXNet. Of course, I was skeptical at first because I should not trust so easily. But after visiting the broker's website and doing a background research, it appeared promising to me. Now, I have been with this broker for almost a year and I must say that I am definitely having a great trading experience.
Author: Molly Date: 2021-01-25 01:59:07 (UTC+3)
I trade on MetaTrader 4 platform with currency pairs such as EUR/USD, USD/JPY, USD/CHF and GBP/USD starting spread 1.6 pips. I'm with this broker for 1 year, I had only good experience with them. They helped me a lot when I had trouble understanding MT4. There platform is easy to understand and in years trading with them I never had trouble with depositing or withdrawing funds. Everything works good and I can to withdraw my profit ok. I started from little amount of $500 and next week I got my first profit which I withdrew easily. So it's not a Scam.
Author: Samir Date: 2021-01-10 13:24:37 (UTC+3)
I've suffered on the Fxnet platform, as it has a lot of lucks and their service isn't good in my trading experience. As I have found many issues on the MT4 platform, My deals always execute 10 to 30-sec delay due to the server issue. Also, I can't close my pending deals or withdrawal my profits. really I am hopeless with their poor service, which didn't care their traders. So everyone should be avoided Fxnet.

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