NewsFXTRADING.com Launches New Client Management Portal
Traders of FXTRADING.com gain access to a newly revamped suite of trading tools.
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Influence index NO.1
Influence index NO.1
+61 (0) 2 8039 7366
Gleneagle Securities (Aust) Pty Ltd.
Pyramid scheme complaint
There are so many victims like me
I have been trying to withdraw the profit that i made during the trading. it's been now three days. the request is still on the pending state. When i try to contact the customer support they say to wait until next week. Then i try to contact the so called account manager that was assign to me. she was not even reply to any of my follow up emails.(email@example.com), When i ask from her for the time frame to complete my request or her contact number so that i can discuss my problem with he/she. I think they will let you withdraw first transaction so that you will starting to trust them. but after that they will made excuses when you apply for a withdrawal. As i have attached in the screenshot i have all the rights to withdraw my money. Poor customer service, bad client service
I have trading Account 886167 Deposit $4500 But they give me $3005 I need my money to be deposited correctly , they don’t give help for me , very disappointed about the service, found is not safe. 5 working days not solve this small issue, don’t trust this broker. Not professional at all . You don’t get any assistance if you need help
I can’t withdraw my own money. They deleted my profit and they told they will give my initial deposit after 2 weeks, I have been waiting 1 month. They locked my account and client portal. Please do not deposit here , you can’t get your deposit even.
Used to be named RubixFX, another scam company. They changed name after scamming customers of all money.
My name is : Pham Ngoc.Thach Email : firstname.lastname@example.org. Number of mt4 opened at fxtrading : 889368. I have deposited 15,419$, traded more than 200 lots of beneficial foreign currencies profit reached $ 34,517, as of today June 23, 2023 after 1 month of trading my mt4 account has $ 50,936, specifically as follows: On May 23, 2023 I have deposited $ 10,000 for trading Up to date 6/6/2023 due to a lot of negative order status, I have added $ 5419 to keep the order from being stopped out and continue to trade until June 15, 2023, then close order and make a profit of $ 34,517 , total assets are $ 50,936 is available on mt4. Until 15/03/2023 I made a withdrawal order but news exchange was maintaining, system could not execute withdrawal order. Until June 16, June 19, June 20, 20/ 6, 21/6, 23/6 I kept making withdrawal orders but they were all rejected. I contacted William Vo who is my account manager to ask why fxtrading canceled my withdrawal order, I got William Vo's withdrawal order. And fxtrading floor said to KYC new account for withdrawal (while I already KYC the account at the time of account opening) so I did. And emailed KYC document to exchange and it was approved. But after KYC. The account has been verified by exchange without any problem, fxtrading side sent me an email to withdraw only deposit, but profit I can't withdraw because of policy violations, I asked if I violated anything, then let me know. But the floor is silent and unresponsive I don't understand why my account is so unreasonable, after many times I email and livechat but it still doesn't solve. So far is June 27th, fxtrading still not paying me. Until June 28, fxtrading deleted money in my mt4 account.
Stop Out Symbol Distribution
|FXTRADING.com Review Summary in 10 Points|
|Market Instruments||ForexCrypto CFDsShare CFDsCommoditiesSpot MetalsEnergiesIndices|
|EUR/USD Spread||From 0.1 pips|
|Trading Platforms||MT4, IRESS|
|Customer Support||24/5 live chat, phone, email|
What is FXTRADING.com？
FXTRADING.com is an online brokerage firm that offers trading services for various financial instruments such as forex, cryptocurrencies, shares, commodities, spot metals, energies, and indices. The company was established in 2014 and is headquartered in Sydney, Australia. FXTRADING.com is regulated by the Australian Securities and Investments Commission (ASIC). The broker provides its clients with a range of trading platforms including MetaTrader4 (MT4) and IRESS, and offers several trading tools and educational resources. FXTRADING.com also has a 24/5 customer support team that can be reached via phone, email, and live chat.
FXTRADING.com has a lot of advantages, including a wide range of trading instruments, reliable trading platforms, and a variety of trading tools and educational resources. The broker also offers several account types to cater to different trading needs, and its customer support team is available 24/5 to assist clients.
However, there are some disadvantages to consider, such as high minimum deposit requirements for some account types.
|• Regulated by ASIC||• No 24/7 customer support|
|• Wide range of trading instruments||• Clients from the USA, Ontario Province inside Canada, North Korea, Iran and New Zealand are not accepted|
|• Multiple trading platforms and tools available||• High minimum deposits for IRESS account types|
|• Comprehensive education resources|
|• Variety of payment methods|
Please note that the above table is not exhaustive and may not include all the pros and cons of FXTRADING.com.
FXTRADING.com is a regulated and licensed broker, authorized by Australia Securities & Investment Commission (ASIC), and as such, it is considered a legitimate broker to trade with. However, as with any investment, there are always risks involved, and traders should be aware of these risks before investing their money.
|Segregated Accounts||Client money is kept separate from the broker's own operating funds, which helps to protect clients' funds in the event of the broker's insolvency|
|SSL Encryption||To protect clients' personal and financial information from unauthorized access or theft|
|Two-Factor Authentication||As an extra layer of security for clients' accounts, which helps to prevent unauthorized access to accounts even if a client's login credentials are compromised|
|Negative Balance Protection||Clients' accounts cannot go into negative balance, ensuring that clients will not be responsible for any losses beyond their account balance|
|KYC/AML Procedures||To verify clients' identities and prevent money laundering or other illegal activities, which helps to ensure the integrity of the trading platform and protect clients' funds|
Note that this table is not exhaustive and there may be other protections or security measures in place at FXTRADING.com.
Based on the provided information on FXTRADING.com, the broker seems to prioritize its clients' safety and security by implementing various measures such as regulation by top-tier authorities, account segregation, negative balance protection, and SSL encryption. Overall, FXTRADING.com appears to be a reliable broker for traders.
However, as with any investment, there is always some level of risk involved, and it is important for traders to do their own research and carefully consider their options before investing.
FXTRADING.com offers a diverse range of trading instruments for their clients, covering over 10,000 instruments. These instruments include Forex, Crypto CFDs, Share CFDs, Commodities, Spot Metals, Energies, and Indices. Clients have access to a variety of popular trading pairs in the forex market, as well as a selection of cryptocurrencies and share CFDs from leading global companies.
Additionally, they offer various spot metals such as gold and silver, as well as energies like crude oil and natural gas, and indices from around the world. This variety of instruments allows clients to diversify their trading portfolio and take advantage of different market opportunities.
Demo Account: FXTRADING.com provides a demo account that allows you to try out the financial markets without the risk of losing money.
MT4 Live Account: FXTRADING.com offers a total of 2 account types: Standard and Pro. The minimum deposit to open an account is $200 and $500 respectively. If you are still a beginner and don't want to invest too much money in Forex trading, a Standard account will be the most suitable option for you. However, we should also realize that too little capital not only reduces losses, but also reduces profitability. Therefore, you may find it “unexciting” or unprofitable. In addition, accounts with smaller initial deposits tend to have poorer trading conditions.
IRESS Live Account: On the TRESS trading platform, FXTRADING.com offers three different accounts types, namely Silver, Gold, and Platinum, with minimum deposit requirements of $10,000 AUD, $50,000 AUD, and $100,000 AUD respectively. For the Silver and Gold accounts, there is a platform fee of $60 AUD, while no platform fee on the Platinum account.
FXTRADING.com offers a maximum leverage of up to 1:500, which is a generous offer and ideal for professional traders and scalpers. However, since leverage can magnify your profits, it can also result in a loss of capital, especially for inexperienced traders. Therefore, traders must choose the right amount according to their risk tolerance.
The spreads and commissions depend on accounts and instruments. For clients on the Standard account, they can have variable spreads from 1 pip and there is no commission, while for clients on the Pro account, they can enjoy raw spreads from 0 pips but have to pay a commission of $3.5 per lot.
Below is a comparison table about spreads and commissions charged by different brokers:
|Admiral Markets||0.5 pips||No|
|Pepperstone||0.16 pips||AUD 3.5/lot|
|Tickmill||0.0 pips||USD 2/lot|
Note: Spreads can vary depending on market conditions and volatility.
FXTRADING.com offers a range of trading platforms to suit the needs of its clients. One of the most popular platforms is the MetaTrader4 (MT4) platform, which is available for PC, Mac, iOS, Android and WebTrader. MT4 is a user-friendly platform that comes with advanced charting tools, technical indicators, and automated trading options.
In addition to MT4, FXTRADING.com also offers IRESS ViewPoint and IRESS Mobile, which are more advanced platforms designed for professional traders. These platforms come with additional features such as advanced order types, news and research, and real-time market data.
Overall, FXTRADING.com's trading platforms are well-designed, user-friendly, and offer a range of advanced features suitable for both beginner and experienced traders. See the trading platform comparison table below:
|Admiral Markets||MT4, MT5, WebTrader|
|Pepperstone||MT4, MT5, cTrader|
|Tickmill||MT4, MT5, WebTrader|
FXTRADING.com provides its clients with a wide range of trading tools to enhance their trading experience. These tools include FXT Navigator, which allows traders to view market data and analyze it through a customizable interface. Trading Central offers daily technical analysis and market insights, while the Economic Calendar provides traders with the latest economic news and announcements that can impact the financial markets. Market Sentiment offers a view on how other traders are positioned on various instruments, while API Trading and VPS are advanced tools designed for more experienced traders who use algorithmic trading strategies and need reliable and fast connectivity. Overall, these trading tools can help traders make more informed trading decisions and improve their overall performance in the financial markets.
In terms of deposit and withdrawal, like many good brokers, FXTRADING.com provides a detailed form with important information about currency, payment method, minimum amount, arrival date, fees, etc. Deposits include PayPal, VISA, MasterCard, Neteller, UnionPay, Local Internet Banking, POLi, International Bank Wire Transfer and Local Bank Transfer.
The minimum deposit requirement is $200 to open an account. Most deposits are instant and no fees are charged.
By contrast, Clients can withdraw with PayPal, VISA, MasterCard, Neteller, International Bank Wire Transfer, UnionPay and Local Bank Transfer. Please note that withdrawal processing times may vary depending on the selected method and any applicable fees or restrictions may apply. Most withdrawals can be processed in 24 hours without any fees.
To withdraw funds from FXTRADING.com, you can follow these steps:
Step 1: Log in to your account on the FXTRADING.com website.
Step 2: Click on the “Withdrawal” button in the “My Account” section.
Step 3: Select the account you want to withdraw funds from and choose the withdrawal method.
Step 4: Enter the amount you wish to withdraw and follow the on-screen instructions to complete the process.
FXTRADING.com does not charge any deposit and withdrawal fees, but there may be additional fees charged by banks or other intermediaries involved in the transfer of funds.
There is an inactivity fee of $10 per month after 6 consecutive months of inactivity. This fee will be charged to any account with no trading activity for more than 6 months. However, it's important to note that this fee is subject to change and may vary depending on the type of account and the jurisdiction of the client.
See the fee comparison table below:
|Broker||Deposit Fees||Withdrawal Fees||Inactivity Fees|
|FXTRADING.com||No||No||$10/month after 6 consecutive months of inactivity|
|Admiral Markets||No||No (except for bank transfers)||No|
|Pepperstone||No||No||$20/month after 12 months|
|Tickmill||No (except for bank transfers)||$2 for credit/debit cards, 1% for other methods||$5/month after 6 months|
Note: Fees may vary depending on account type and payment method. Please refer to each broker's website for the latest information.
FXTRADING.com offers customer support 24/5 via email, phone, and live chat. It supports both English and Chinese. Their website also includes a FAQ section with answers to commonly asked questions. You can also follow them on some social networks including Facebook, Twitter, LinkedIn, Instagram and Twitter.
Overall, FXTRADING.com's customer service is considered reliable and responsive, with various options available for traders to seek assistance.
|• Offers multilingual support 24/5||• Limited availability during weekends and public holidays|
|• Live chat support available on the website|
|• Quick response time to email inquiries|
|• Knowledgeable and helpful customer service representatives|
Note: These pros and cons are subjective and may vary depending on the individual's experience with FXTRADING.com's customer service.
FXTRADING.com offers a range of educational resources to help traders improve their knowledge and skills. The Market News section provides the latest updates on market events and trends, while the FXT Analysis section offers expert analysis and commentary. The Trading Insight section contains a variety of educational materials, including trading strategies and tutorials on technical and fundamental analysis. The FXT Navigator Guide is a comprehensive guide for traders on how to use the platform's features and tools. Additionally, FXTRADING.com offers webinars hosted by industry experts, providing traders with the opportunity to learn directly from experienced professionals.
In conclusion, FXTRADING.com is a well-regulated broker offering a wide range of trading instruments, powerful trading platforms, and comprehensive trading tools and resources. The broker's low spreads, flexible leverage options, and multiple account types cater to traders of all levels. The customer support team is professional and responsive, and the educational resources are valuable for beginner and experienced traders alike. While there are some fees associated with trading, overall, FXTRADING.com provides a competitive and reliable trading environment.
|Q 1:||Is FXTRADING.com regulated？|
|A 1:||Yes. It is regulated by ASIC.|
|Q 2:||At FXTRADING.com, are there any regional restrictions for traders？|
|A 2:||Yes. Restricted Countries: the USA, Ontario Province inside Canada, North Korea, Iran and New Zealand.|
|Q 3:||Does FXTRADING.com offer demo accounts？|
|Q 4:||Does FXTRADING.com offer the industry-standard MT4 & MT5？|
|A 4:||Yes. It supports MT4 and IRESS.|
|Q 5:||What is the minimum deposit for FXTRADING.com？|
|A 5:||The minimum initial deposit to open an account is $200.|
|Q 6:||Is FXTRADING.com a good broker for beginners？|
|A 6:||Yes. It is a good choice for beginners because it is regulated well and offers various trading instruments with competitive trading conditions on the leading MT4 platform. Also, it offers demo accounts that allow traders to practice trading without risking any real money.|
Traders of FXTRADING.com gain access to a newly revamped suite of trading tools.
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