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eToro , FXTRADING.com Broker Comparison

Do you want to know which is the better broker between eToro and FXTRADING.com ?

In the table below, you can compare the features of eToro , FXTRADING.com side by side to determine the best fit for your needs.

  • Rating
  • Basic Information
  • Benchmark
  • Account Information
  • Relevant information
  • Relevant exposure
  • Rating
  • Basic Information
  • Benchmark
  • Account Information
  • Relevant information
  • Relevant exposure
 2 / 3   brokers in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Established
Regulatory license
MT4
MT5
Crypto
Deposit and withdrawal method
Benchmark
environment rating
Transaction Speed
Transaction speed rating
Average transaction speed
The highest transaction speed
The highest speed of opening positions
The highest speed of closing position
Slowest transaction speed
The lowest speed of opening positions
The lowest speed of closing position
Trading slippage
Transaction slippage rating
Average slippage
Maximum transaction slippage
Maximum positive slippage
Maximum negative slippage
Transaction Cost
Transaction cost rating
  • Average transaction cost
  • (EURUSD)
  • Average transaction cost
  • (XAUUSD)
Rollover Cost
Rollover cost rating
  • Average transaction cost
  • (EURUSD)
  • Average transaction cost
  • (XAUUSD)
Disconnection results
Software disconnection rating
Average disconnection frequency (times/day)
Reconnection time
Account Information
Accounts
Account name
Products
Deposit REQ
Maximum Leverage
Spread of majors
Forced Liquidation Ratio
Spread Types
Minimum Position
Crypto
Lock postition
Scalping
EA trading
eToro
7.53
Regulated
Under guarantee
10-15 years
ASIC,CYSEC,FCA,FSC
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
FXTRADING.com
8.66
Regulated
Under guarantee
--
15-20 years
ASIC,ASIC,VFSC
--
A
A
500.9
203
219
203
1734
1593
1734
AAA

EURUSD: -0.6

XAUUSD: -0.6

2
-1
14
C
12.3 USD/Lot
49.17 USD/Lot
AA

Long: -4.97

Short: 3.39

Long: -32.87

Short: 19.5

C
0.2
542.2
Pro,Standard
Forex, metals, energies, commodities, cryptos & indices
$200
1:500
from 0.0
0.00
--
0.01
--

eToro 、 FXTRADING.com BrokersRelevant information

eToro 、 FXTRADING.com BrokersRelevant exposure

Which broker is more reliable?

You can determine the reliability and credibility of a broker by checking four factors:

1.Forex broker introduction。

2.Are the transaction costs and expenses of etoro, fxtrading-com lower?

3.Which broker is safer?

4.Which broker provides better trading platform?

Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:

Forex broker introduction

etoro
eToro Basic Information
Founded in 2007
Headquarters United Kingdom
Regulations CySEC, FCA, ASIC
Tradable Assets Stocks, Cryptocurrencies, Currencies, Commodities, ETFs
Minimum Deposit $10
Trading Fees Commission-free trading, Spreads from 0.75 pips on EUR/USD
Non-Trading Fees Withdrawal fee of $5, Inactivity fee of $10/month after 12 months of inactivity
Leverage Up to 1:30 for retail clients, up to 1:400 for professional clients
Trading Platforms eToro proprietary platform, MetaTrader 4
Mobile Trading Yes, available on iOS and Android
Customer Support 24/5 live chat, email support
Educational Resources Social trading, educational videos, blog articles, eToro Academy
Demo Account Yes, unlimited time
Other Features CopyTrader, Popular Investor Program, eToro Wallet

Overview of eToro

eToro is a multi-asset social trading platform that has gained widespread popularity among investors, traders, and social media enthusiasts since its inception in 2007. It offers users access to a wide range of financial instruments, including stocks, cryptocurrencies, forex, indices, and commodities, among others. The platform provides a user-friendly interface that caters to both novice and experienced traders alike, making it one of the most popular trading platforms on the market.

One of eToro's standout features is its social trading capabilities, which allow users to copy the trades of successful traders and build their investment portfolios. The platform has a large community of traders who share insights, strategies, and knowledge, making it an excellent learning resource for traders looking to improve their skills.

overview

Is eToro legit or a scam?

eToro is a legitimate and regulated online brokerage firm that has been operating since 2007. It is licensed and regulated by several reputable financial authorities, including the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC), and the Cyprus Securities and Exchange Commission (CySEC). The company is also a member of the Investor Compensation Fund, which provides additional protection for traders' funds. However, as with any investment platform, there are risks involved in trading, and traders should always be aware of the potential risks and take steps to protect their investments.

license
license
license

Pros & Cons

eToro's user-friendly interface, range of trading assets, and social trading features have made it popular among both beginner and experienced traders. However, as with any trading platform, eToro has its pros and cons, which potential users should consider before signing up. In this section, we will discuss the advantages and disadvantages of using eToro as a trading platform.

Pros Cons
User-friendly and easy-to-use platform Higher spreads compared to some other brokers
Regulated by reputable financial authorities Limited range of tradable assets
Copy trading and social trading features Limited research and analysis tools
Wide range of payment methods Inactivity fee charged after 12 months of inactivity
Commission-free trading on stocks and ETFs Withdrawal fee of $5
Demo account available for practice Limited customer support options

Market Instruments

eToro offers a wide range of financial instruments for traders to choose from, covering various markets globally. Traders can access more than 2,400 assets, including popular currencies, commodities, indices, and stocks from exchanges around the world. Furthermore, eToro enables traders to trade cryptocurrency, such as Bitcoin and Ethereum, which has become a popular asset class in recent years due to its high volatility and potential for substantial profits. With this wide range of instruments available, traders can diversify their portfolios and explore various markets to find the best investment opportunities.

market-instruments
Pros Cons
Wide variety of assets including stocks, cryptocurrencies, commodities, forex, and more Limited selection of options and futures contracts
Commission-free trading on most instruments Limited research tools for fundamental analysis
Availability of social trading, allowing for copy trading and following other traders' strategies Limited access to less popular or niche assets
Option to trade fractional shares for stocks, making it accessible to investors with small capital Limited trading hours on certain assets, such as cryptocurrencies
Lack of transparency in pricing structure for some assets

Account Types

eToro provides traders with two primary types of accounts to choose from, namely the Retail and Professional accounts. These account types differ in various aspects, such as trading features, account requirements, leverage limits, and the level of regulatory protection they offer.

eToro's Retail account is suitable for most traders and investors. This account type requires a minimum deposit of $500 and provides access to all eToro's trading instruments, including cryptocurrencies, stocks, ETFs, commodities, and more. Retail account holders can also benefit from eToro's social trading features, which allow users to follow and copy other successful traders on the platform. However, retail account holders are limited to a maximum leverage of 1:30, as per regulatory requirements.

eToro's Professional account is designed for experienced traders who meet certain criteria, such as having a minimum of two years of trading experience and meeting certain financial thresholds. This account type provides access to higher leverage of up to 1:400, and allows users to benefit from reduced margin requirements and negative balance protection. However, professional account holders are not eligible for certain investor protection rights, such as compensation schemes, as they are deemed to have a higher level of trading knowledge and experience.

account-types
Aspects Pros Cons
Account Types Offers both retail and professional accounts Professional accounts require certain qualifications
Minimum Deposit Low minimum deposit requirement for retail account High minimum deposit requirement for professional account
Commission No commission on trades for most assets Higher spreads compared to other brokers
Leverage Up to 1:30 for major currency pairs Limited leverage options for professional accounts
Platform User-friendly platform with social trading features Limited customization options
Customer Support 24/7 customer support in multiple languages Phone support only available during market hours

How to open an account with eToro?

To open an account with eToro, you need to follow these steps:

  • Go to the eToro website and click on the “Join Now” button.

open-account
  • Enter your personal information, including your name, email address, and phone number.

open-account
  • Verify your email address by clicking on the verification link sent to your email. Provide additional information, including your date of birth, address, and tax ID number. Agree to the terms and conditions and submit your application.

  • Wait for eToro to review and approve your account, which usually takes a few minutes to a few business days.

  • After approval, you can fund your account with preferable payment methods and then start your real trading with this broker.

open-account

Demo Account

eToro offers a demo account for traders who want to practice trading strategies without risking real money. The eToro demo account provides $100,000 in virtual money and is valid for an unlimited amount of time, allowing traders to familiarize themselves with the platform and practice their trading skills.

To open a demo account, traders can simply sign up for an eToro account and select the option to use the demo account. It's important to note that the eToro demo account does not require any deposit or funding, making it a risk-free way to test out the platform.

When using the demo account, traders should keep in mind that the virtual money provided is not real, and any profits or losses made are also not real. It's also important to note that while the demo account provides a good introduction to the platform, it may not accurately reflect the actual market conditions and trading experience.

demo-account
demo-account

Leverage

eToro offers leverage for trading various financial instruments. The maximum leverage provided by eToro varies depending on the instrument and the jurisdiction of the client. For example, for major forex pairs, eToro offers leverage up to 1:30 for retail clients and up to 1:400 for professional clients. For commodities such as gold and silver, leverage can be up to 1:20 for retail clients and up to 1:100 for professional clients. For stocks, eToro offers leverage up to 1:5 for both retail and professional clients. It is noted that high leverage can amplify your potential returns, but more importantly, it can increase your risks.

Spreads & Commissions (Trading Fees)

eToro's spreads vary depending on the asset being traded. The platform charges variable spreads, which means that the spread can widen or narrow depending on market conditions. The typical spread for major currency pairs such as EUR/USD and GBP/USD is around 3 pips during normal market conditions. However, this can vary depending on market volatility and liquidity.

For other assets, such as cryptocurrencies and commodities, eToro's spreads are generally higher. For example, the spread for Bitcoin can range from 0.75% to 5% depending on market conditions.

spreads-commissions
Pros Cons
Zero commission on stock and ETF trading Wider spreads compared to other brokers
Competitive spreads on major forex pairs Overnight fees charged on leveraged positions
No hidden fees or surprises Limited selection of exotic currency pairs
Transparent pricing Higher spreads on cryptocurrencies
Tight spreads on commodities and indices Spreads can widen during volatile market conditions

Non Trading Fees

In addition to spreads and commissions, eToro also imposes a few non-trading fees that traders should take into consideration before trading on this platform. These fees include:

  • Withdrawal fee: eToro charges a withdrawal fee of $5 per withdrawal. This fee is relatively low compared to other brokers.

  • Inactivity fee: If you don't log in to your eToro account for 12 months, an inactivity fee of $10 per month will be charged to your account. This fee is charged until you log in again or until your account balance reaches zero.

  • Overnight fees: eToro charges overnight fees or rollover fees for positions held open overnight. The amount of the fee depends on the instrument traded, the direction of the position, and the size of the position.

  • Currency conversion fee: If you deposit funds in a currency different from the base currency of your account, eToro charges a currency conversion fee. The fee is 0.5% of the deposited amount, and it's calculated based on the exchange rate at the time of the conversion.

non-trading-fees
non-trading-fees
non-trading-fees
non-trading-fees
Pros Cons
No commissions on stock and ETF trading Higher spreads compared to other brokers
No deposit fees High withdrawal fees
No account maintenance fees Inactivity fee after 12 months of inactivity
No fees for using the CopyTrader feature Limited payment methods
No fees for currency conversion Overnight fees for positions held overnight
High fees for using PayPal as a payment method

Trading Platform

eToro offers its proprietary trading platform, which is designed to be user-friendly and intuitive, particularly for novice traders. The platform provides a variety of tools and features, including real-time market data, advanced charting tools, and an easy-to-use order entry system.

One of the most notable features of the eToro platform is its social trading functionality, which allows users to follow and copy the trades of successful traders. This feature is particularly appealing to new traders who may lack the knowledge or experience to make their own trades.

In addition to its proprietary platform, eToro also supports the popular MetaTrader 4 (MT4) platform, which is widely used by traders around the world. MT4 is known for its advanced charting capabilities, extensive library of technical indicators, and the ability to automate trading strategies through the use of Expert Advisors (EAs).

trading-platform
trading-platform

Here is a comparison table of the trading platform offered by eToro, FP Markets and Exness:

Broker Trading Platform Desktop Web-based Mobile
eToro eToro Platform ✔️ ✔️ ✔️
FP Markets MetaTrader 4 (MT4) ✔️ ✔️ ✔️
Exness MetaTrader 4 (MT4) ✔️ ✔️ ✔️

Deposits & Withdrawals

eToro accepts multiple payment methods, including credit/debit cards, bank transfers, and e-wallets such as PayPal, Neteller, and Skrill. The minimum deposit amount is $10, which is relatively low compared to other brokers in the industry. Deposits are usually processed instantly or within one business day, depending on the payment method. eToro does not charge any deposit fees, but some payment providers may have their own fees.

eToro allows you to withdraw funds using the same payment methods as deposits.The minimum withdrawal amount is $30, and there is a withdrawal fee of $5.Withdrawals are usually processed within one business day, but it may take longer for bank transfers.Before making a withdrawal, you need to verify your identity and complete the necessary KYC (Know Your Customer) procedures. eToro also has a policy of returning funds to the original payment method used for deposits, whenever possible.

deposits-withdrawals
deposits-withdrawals
deposits-withdrawals
deposits-withdrawals
Pros Cons
Wide range of payment methods available including credit/debit cards, PayPal, and bank transfer Withdrawal fee of $5 per transaction
Quick and easy deposit process with most methods being processed instantly Minimum withdrawal amount of $30
No deposit fees charged by eToro Limited number of currencies available for deposits and withdrawals
Supports deposits and withdrawals in multiple currencies Withdrawal processing time can take up to 7 business days
Allows users to set up multiple payment methods for convenience Third-party fees may be charged by payment processors
Negative balance protection ensures that users cannot lose more than they have deposited Users may need to provide additional verification documents for withdrawals

Customer Support

Customer support is an important aspect of any online brokerage firm, and eToro is no exception. eToro offers various channels for customers to get in touch with its support team. These channels include:

  • Live chat: This is available 24/5, Monday to Friday. It is the fastest and most efficient way to get support.

  • Email: Customers can send an email to the eToro support team. The response time is usually within 24 hours.

  • Phone: Customers can also call the support team during office hours. eToro provides local phone numbers for various countries.

  • Social media: eToro has a presence on various social media platforms, including Twitter and Facebook. Customers can use these platforms to get in touch with the support team.

  • FAQ section: eToro offers a comprehensive FAQ section on their website that covers a wide range of topics related to their services, trading, account management, and more. The FAQ section is organized into categories, making it easy for users to find answers to their questions quickly.

Educational Resources

When it comes to educational resources, Toro offers a variety of educational content to help traders improve their skills and knowledge of the financial markets.

These resources include:

  • eToro Academy: This is an online education portal that provides traders with a wide range of educational materials, including articles, videos, webinars, and courses on various topics such as trading strategies, market analysis, risk management, and more.

educational-resources
  • Trading Guides: eToro also offers a series of trading guides that provide in-depth information on various trading topics, including stocks, commodities, currencies, and indices.

  • Market News and Analysis: eToro provides traders with up-to-date news and analysis on the financial markets. This includes daily market updates, weekly market analysis, and other educational content.

educational-resources
  • Blog: eToro has a blog that provides traders with the latest news, market analysis, and trading tips.

  • Virtual Portfolio: eToro offers a virtual portfolio feature that allows traders to practice trading without risking real money. This is a great way for beginners to gain experience and test out their trading strategies before trading with real money. Here is an instructional video for users to know clearly what Virtual Portfolio is:https://www.youtube.com/watch?v=GWK7uQ98KpM.

Conclusion

Overall, eToro is a reputable and user-friendly online trading platform that offers a wide range of financial instruments and trading options to its clients. Its innovative social trading features, intuitive platform, and excellent customer service make it an attractive choice for both beginner and experienced traders. However, it does have some drawbacks, such as relatively high fees, limited research tools, and a lack of advanced charting capabilities.

FAQs

  • Q: Is eToro a regulated broker?

  • A: Yes, eToro is a regulated broker. It is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) in Europe, the Financial Conduct Authority (FCA) in the UK, and the Australian Securities and Investments Commission (ASIC) in Australia.

  • Q: What trading instruments are available on eToro?

  • A: eToro offers a wide range of trading instruments, including stocks, ETFs, cryptocurrencies, forex, commodities, and indices.

  • Q: What is the minimum deposit required to open an account on eToro?

  • A: The minimum deposit required to open an account on eToro varies depending on your location and the type of account you choose. For most countries, the minimum deposit is $500.

  • Q: Does eToro offer a demo account?

  • A: Yes, eToro offers a demo account that allows you to practice trading with virtual funds. The demo account is free and can be used for an unlimited period of time.

  • Q: What is eToro's customer support like?

  • A: eToro's customer support is available 24/5 and can be reached through email, live chat, and phone. They also have a comprehensive help center and a community forum where you can get answers to common questions and connect with other traders.

fxtrading-com
FXTRADING.com Review Summary in 10 Aspects
Founded 2014
Headquarters Sydney, Australia
Regulation ASIC
Market Instruments Forex, Crypto, CFDs, Share CFDs, Commodities, Spot Metals, Energies, Indices
Demo Account Available
Leverage 500:1
EUR/USD Spread From 0.1 pips
Trading Platforms MT4, IRESS
Minimum deposit $200
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's website

Pros & Cons

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.

Pros Cons
• 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.

Regulatory Status

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.

How are you protected?

Protection Method Description
Regulation ASIC
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.

Our Conclusion on FXTRADING.com Reliability:

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.

Market Instruments

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.

asset classes

Accounts

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.

MT4 Account Types

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.

IRESS Accounts

Leverage

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.

Spreads & Commissions

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:

Broker EUR/USD Spread Commission
FXTRADING.com 1 pip No
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.

Trading Platforms

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.

MT4

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.

IRESS

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:

Broker Trading Platform
FXTRADING.com MT4
Admiral Markets MT4, MT5, WebTrader
Pepperstone MT4, MT5, cTrader
Tickmill MT4, MT5, WebTrader

Trading Tools

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.

Deposits & Withdrawals

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.

Deposits
Deposits

FXTRADING.com minimum deposit vs other brokers

FXTRADING.com Most other
Minimum Deposit $200 $100

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.

Withdrawals
Withdrawals
 Withdrawals

FXTRADING.com Money Withdrawal

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.

Fees

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.

Customer Service

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.

Customer Service
Customer Service
working hours
FAQ
social media

Overall, FXTRADING.com's customer service is considered reliable and responsive, with various options available for traders to seek assistance.

Pros Cons
• 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.

Educational Resources

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.

Conclusion

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.

Frequently Asked Questions (FAQs)

Question 1: Is FXTRADING.com regulated?
Answer 1: Yes. It is regulated by ASIC.
Question 2: At FXTRADING.com, are there any regional restrictions for traders?
Answer 2: Yes. Restricted Countries: the USA, Ontario Province inside Canada, North Korea, Iran and New Zealand.
Question 3: Does FXTRADING.com offer demo accounts?
Answer 3: Yes.
Question 4: Does FXTRADING.com offer the industry-standard MT4 & MT5?
Answer 4: Yes. It supports MT4 and IRESS.
Question 5: What is the minimum deposit for FXTRADING.com?
Answer 5: The minimum initial deposit to open an account is $200.
Question 6: Is FXTRADING.com a good broker for beginners?
Answer 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.

Are the transaction costs and expenses of etoro, fxtrading-com lower?

To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).

To get a comprehensive understanding of how cheap or expensive etoro and fxtrading-com are, we first considered common fees for standard accounts. On etoro, the average spread for the EUR/USD currency pair is -- pips, while on fxtrading-com the spread is from 0.0.

Which broker between etoro, fxtrading-com is safer?

To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.

etoro is regulated by ASIC,CYSEC,FCA,FSC. fxtrading-com is regulated by ASIC,ASIC,VFSC.

Which broker between etoro, fxtrading-com provides better trading platform?

When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.

etoro provides trading platform including -- and trading variety including --. fxtrading-com provides trading platform including Pro,Standard and trading variety including Forex, metals, energies, commodities, cryptos & indices.

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