FxNet

General Information & Regulation

FxNet is a global STP broker offering investors trading services in more than 40 currency pairs, stocks, and CFDs. FxNet is a trademark of FxNet Ltd, which is authorized and regulated by CySEC in Cyprus (Regulatory Number: 182/12).

Market Instruments

FxNet provides investors with financial trading assets, including more than 40 kinds of CFDs on Forex currency pairs, stocks, bonds, commodities, and stock indices.

Minimum Deposit

To meet the investment needs and trading experience of different investors, FxNet offers three different types of trading accounts: Standard (minimum opening amount of $50), VIP (minimum opening amount of $2,000), and Platinum (minimum opening amount of $5,000).

FxNet Leverage

In respect to trading leverage, the maximum leverage offered by FxNet is up to 1:500, which is considered high. Since margin trading is full of risk, inexperienced traders are not advised to use too high trading leverage.

Spreads & Commissions

Spreads on FxNet Standard accounts start at 2.3 pips and on VIP accounts at 1.9 pips. The spreads for Platinum accounts start from 0 pips, with a commission of $12 per lot.

Trading Platforms

FxNet offers traders the internationally recognized MT4 trading platform, as well as the MT4 desktop, MT4 web, and MT4 mobile applications. MT4 offers a full range of trading tools and resources: more than 50 built-in technical indicators, advanced charting packages, various EA's (Expert Advisors), and a wide range of backtesting options for them. Traders can download ready-made or create their own EA and then let the program do all the work. Additionally, FxNET offers VPS hosting, so the client can run the EA 24/7 even if the PC is turned off.

Deposit & Withdrawal

FxNet offers a range of convenient deposit and withdrawal methods, mainly Visa/MasterCard/Maestro credit/debit cards, bank wire transfers, and e-wallet payment systems such as Skrill, Neteller, China UnionPay, Qiwi, WebMoney, FastBank, Przelewy24.