Global Broker governance & inquiry App

Score

0123456789
.
0123456789
0123456789
/10

FXFront

China|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://www.fxfront.com/

Website

Rating Index

Contact

https://www.fxfront.com/

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-02-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Users who viewed FXFront also viewed..

XM

9.04
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4/5 full license
Official website

Sway Markets

7.68
Score
1-2 yearsRegulated in AustraliaAppointed Representative(AR)Self-developed
Official website

GTC

8.15
Score
10-15 yearsRegulated in United KingdomStraight Through Processing(STP)MT4/5 full license
Official website

GO MARKETS

8.97
Score
15-20 yearsRegulated in AustraliaMarket Making(MM)MT4/5 full license
Official website

FXFront · Company Summary

Aspect Information
Registered Country/Area China
Founded Year 2-5 years
Company Name FXFront
Regulation Not regulated
Minimum Deposit $100 (Standard Account), $500 (Premium Account), $1000 (VIP Account)
Maximum Leverage Up to 1:500 (Standard Account), up to 1:1000 (Premium Account), Unlimited (VIP Account)
Spreads Standard Account: from 0.1 pips<br>Premium Account: from 0.0 pips<br>VIP Account: from 0.0 pips
Trading Platforms MetaTrader 4 (MT4)<br>MetaTrader 5 (MT5)
Tradable Assets Currency pairs, commodities, indices, cryptocurrencies, bonds
Account Types Standard Account, Premium Account, VIP Account
Demo Account Not specified
Islamic Account Not specified
Customer Support Not specified
Payment Methods Bank wire, credit card (Visa, Mastercard), e-wallets (PayPal, Skrill, Neteller)
Educational Tools Video tutorials, ebooks, webinars, economic calendar, market analysis reports

Overview of FXFront

FXFront is a China-based online trading platform that offers a variety of market instruments to its clients. However, it is important to note that FXFront operates without any valid regulation, raising concerns about the safety and reliability of its services. The absence of regulatory oversight exposes customers to a high level of risk, making it crucial to exercise caution and consider alternative options with established regulatory frameworks in place.

Despite the lack of regulation, FXFront provides access to a range of market instruments, including currency pairs, commodities, indices, cryptocurrencies, and bonds. This allows traders to diversify their portfolios and capitalize on fluctuations in various markets. However, it is important to consider the risks associated with trading these instruments, especially in the absence of regulatory protection.

FXFront offers three main account types: Standard Account, Premium Account, and VIP Account. Each account type caters to different trading needs and offers varying features and benefits. However, it is essential to evaluate the limitations and potential risks associated with each account type, as well as the minimum deposit requirements and fees.

In summary, while FXFront provides access to a variety of market instruments, its lack of regulation raises significant concerns about the safety and reliability of its services. Traders should carefully consider the associated risks and explore alternative options with established regulatory oversight.

basic-info

Pros and Cons

FXFront offers a variety of pros and cons for traders. On the positive side, it provides a wide range of market instruments including currencies, commodities, indices, cryptocurrencies, and bonds. Traders can choose from three different account types: Standard, Premium, and VIP. Leverage options are available with ratios up to 1:500 for Standard, 1:1000 for Premium, and unlimited for VIP. Spreads and commissions are offered, starting from 0.1 pips for Standard and spreads for Premium and VIP accounts. Multiple deposit and withdrawal options are available, including bank wire, credit cards (Visa, Mastercard), and e-wallets (PayPal, Skrill, Neteller). The platform supports the popular MetaTrader 4 and MetaTrader 5 platforms, providing advanced trading features. Traders can also access educational tools such as video tutorials, ebooks, webinars, an economic calendar, and daily market analysis. However, one notable drawback is the lack of regulatory oversight, which raises safety concerns for potential users. Additionally, there is no account manager for Standard Account holders, and there are monthly fees associated with the Premium and VIP accounts.

Pros Cons
Wide range of market instruments: Currencies, commodities, indices, cryptocurrencies, and bonds. Operates without regulation, raising safety concerns.
Three account types: Standard, Premium, and VIP. Lack of account manager for Standard Account.
Different leverage options: Up to 1:500 for Standard, up to 1:1000 for Premium, and unlimited for VIP. Monthly fees for Premium and VIP Accounts.
Spreads starting from 0.1 pips for Standard, and 0.0 pips for VIP. Minimum deposits: $100 for Standard, $500 for Premium, and $1000 for VIP.
Multiple deposit and withdrawal options: Bank wire, credit cards (Visa, Mastercard), e-wallets (PayPal, Skrill, Neteller). No demo account available
Support for MetaTrader 4 and MetaTrader 5 platforms.
Educational tools: Video tutorials, ebooks, webinars, economic calendar, daily market analysis.

Is FXFront Legit?

FXFront operates without any valid regulation, which raises significant concerns about the safety and reliability of its services. The absence of regulatory oversight exposes customers to a high level of risk, making it imperative to exercise caution and consider alternative options with established regulatory frameworks in place.

regulation

Market Instruments

FXFront offers a range of market instruments to cater to the needs of its clients. These instruments are designed to provide various options for trading and investment purposes. Let's take a closer look at some of the key types of market instruments offered by FXFront.

1. CURRENCY PAIRS:

FXFront offers a wide selection of currency pairs, allowing traders to engage in foreign exchange transactions. Major currency pairs such as EUR/USD, GBP/USD, and USD/JPY are available, as well as minor and exotic pairs like AUD/CAD, NZD/JPY, and USD/ZAR. The availability of a diverse range of currency pairs enables traders to access global markets and capitalize on fluctuations in exchange rates.

2. COMMODITIES:

FXFront provides access to various commodities, enabling investors to diversify their portfolios and take advantage of price movements in these markets. Examples of commodities offered include gold, silver, crude oil, natural gas, and agricultural products like wheat and soybeans. By incorporating commodities into their trading strategies, investors can benefit from the inherent volatility and hedging opportunities offered by these assets.

3. INDICES:

FXFront allows traders to participate in the performance of global stock markets through trading indices. Popular indices like the S&P 500, Dow Jones Industrial Average, FTSE 100, and Nikkei 225 are available for trading. By speculating on the direction of these indices, traders can capitalize on market trends and fluctuations without having to trade individual stocks.

4. CRYPTOCURRENCIES:

FXFront offers access to the growing market of cryptocurrencies, providing opportunities to trade digital assets like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). Cryptocurrencies offer a unique investment avenue, characterized by high volatility and the potential for significant returns. By offering a range of cryptocurrencies, FXFront enables traders to participate in this emerging asset class.

5. BONDS:

FXFront facilitates trading in government and corporate bonds, allowing investors to diversify their portfolios and potentially earn fixed income. Examples of bonds available for trading include U.S. Treasury bonds, German Bunds, and corporate bonds issued by major companies. Bond trading can be a valuable tool for risk management and income generation in investment strategies.

Pros and Cons

Pros Cons
Wide selection of currency pairs for foreign exchange transactions. Lack of regulatory oversight.
Access to various commodities for portfolio diversification. No mention of specific fees or costs.
Opportunity to participate in global stock market performance through trading indices. Limited information about trading conditions.
Access to the growing market of cryptocurrencies for potential high returns.
Facilitates trading in government and corporate bonds for portfolio diversification and fixed income potential.

Account Types

FXFront offers three main account types: Standard Account, Premium Account, and VIP Account. Each account type caters to different trading needs and offers a range of features and benefits.

The Standard Account is the most basic option available. It is suitable for traders who are new to the forex market or those who do not require advanced trading functionality. The account offers leverage up to 1:500, spreads from 0.1 pips, and requires a minimum deposit of $100. However, it has limitations in terms of available trading instruments and does not provide an account manager.

The Premium Account is a step up from the Standard Account and offers additional features. Traders with a Premium Account can enjoy leverage up to 1:1000, spreads starting from 0.0 pips, and a wider range of available trading instruments. The minimum deposit requirement for a Premium Account is $500. One of the key benefits of this account type is the provision of an account manager, who can provide personalized assistance and support. However, it is important to note that a monthly fee of $25 is associated with the Premium Account.

The VIP Account is the most exclusive account type offered by FXFront, providing traders with the highest level of trading functionality and support. It offers unlimited leverage, spreads starting from 0.0 pips, and requires a minimum deposit of $1000. Traders with a VIP Account enjoy the benefits of an account manager as well as a personal trading coach who can provide tailored guidance and assistance. The VIP Account grants access to all available trading instruments. However, it is important to be aware that a monthly fee of $50 is associated with this account type.

Pros and Cons

Pros Cons
Leverage up to 1:500 Monthly fee up to $50
Spreads from 0.0 pips No demo account available
Higher minimum deposit of $1000

Leverage

FXFront offers different leverage options across its account types. The Standard Account provides leverage up to 1:500, while the Premium Account offers leverage up to 1:1000. The VIP Account provides unlimited leverage for traders.

Spreads & Commissions

FXFront offers low spreads and commissions across its account types. The Standard Account features spreads starting from 0.1 pips, while the Premium Account offers spreads starting from 0.0 pips. The VIP Account provides spreads starting from 0.0 pips as well.

Minimum Deposit

The minimum deposit requirement for FXFront varies based on the chosen account type. The Standard Account, which is the most basic option, requires a minimum deposit of $100. The Premium Account has a higher minimum deposit of $500, while the VIP Account, offering the most exclusive features, requires a minimum deposit of $1000.

Deposit & Withdrawal

Bank wire is a traditional method where clients can transfer funds directly from their bank account to their FXFront trading account.

Credit card deposits allow clients to use their credit cards to fund their trading accounts. Major credit card issuers such as Visa and Mastercard are accepted by FXFront.

E-wallets provide an electronic payment solution for clients to deposit and withdraw funds. Popular e-wallet providers such as PayPal, Skrill, and Neteller are supported by FXFront.

Trading Platforms

MetaTrader 4 (MT4)

FXFront also supports the widely popular MetaTrader 4 platform, which is known for its advanced charting capabilities and comprehensive suite of trading tools.

Features: MetaTrader 4 offers a variety of features, including:

Advanced charting: The platform provides a wide range of technical indicators, charting tools, and timeframes.

Automated trading: Traders can create and implement their own automated trading strategies using the platform's built-in programming language, MQL4.

Marketplace: MetaTrader 4 has a marketplace where users can find and purchase expert advisors (EAs), indicators, and other trading tools.

MetaTrader 5 (MT5)

For traders seeking more advanced features, FXFront also offers the MetaTrader 5 platform. MT5 builds upon the features of MT4 and provides additional functionality for different asset classes.

Features: MetaTrader 5 offers a variety of features, including:

Multi-asset support: The platform allows trading of various financial instruments, including forex, stocks, commodities, and cryptocurrencies.

Depth of Market (DOM): Traders can view the order book and liquidity levels for better market analysis and decision-making.

Enhanced strategy testing: MT5 offers improved backtesting and optimization capabilities for trading strategies.

Pros and Cons

Pros Cons
Advanced charting capabilities Steeper learning curve for beginners
Automated trading with MQL4 programming language Limited customization options for advanced traders
Marketplace for expert advisors and trading tools Limited asset classes available on MetaTrader 4
Multi-asset support on MetaTrader 5 Complex interface for beginners
Depth of Market (DOM) for better market analysis Limited availability of liquidity information
Enhanced strategy testing and optimization capabilities on MT5 Potential for technical issues or bugs with the platform

Educational Tools

VIDEO TUTORIALS: FXFront offers a collection of video tutorials covering various aspects of forex trading. These tutorials provide step-by-step guidance on topics such as technical analysis, fundamental analysis, risk management, and trading strategies. Traders can learn at their own pace and gain practical knowledge through these informative videos.

EBOOKS: FXFront provides ebooks on forex trading that cover a wide range of topics. These ebooks serve as comprehensive guides, offering insights into market dynamics, trading psychology, and advanced trading strategies. Traders can access these resources to deepen their understanding of the forex market and refine their trading skills.

WEBINARS: FXFront conducts webinars hosted by industry experts, where traders can participate in live sessions and gain valuable insights into various trading topics. These interactive webinars cover a range of subjects, including market analysis, trading techniques, and risk management. Traders can ask questions and engage with the presenters to enhance their learning experience.

ECONOMIC CALENDAR: FXFront provides an economic calendar that highlights key economic events and indicators. Traders can stay informed about important announcements such as interest rate decisions, GDP releases, and employment data. The economic calendar helps traders understand the potential impact of these events on the forex market and make well-informed trading decisions.

MARKET ANALYSIS: FXFront offers daily market analysis reports that provide a comprehensive overview of the forex market. These reports cover technical analysis, fundamental analysis, and market insights. Traders can access these reports to stay updated on market trends, identify potential trading opportunities, and make informed trading decisions.

Conclusion

In conclusion, FXFront operates without regulation, which raises concerns about the safety and reliability of its services. Customers should exercise caution and consider alternative options with established regulatory frameworks. FXFront offers a range of market instruments, including currency pairs, commodities, indices, cryptocurrencies, and bonds, allowing traders to diversify their portfolios. The platform provides three account types with different features and benefits, but each has its limitations and associated fees. Leverage options vary across account types, and low spreads are offered. The minimum deposit requirement depends on the chosen account type. Various deposit and withdrawal methods, including bank wire, credit card, and e-wallets, are available. FXFront supports popular trading platforms such as MetaTrader 4 and MetaTrader 5, offering advanced charting capabilities and automated trading features. The platform provides educational tools like video tutorials, ebooks, webinars, an economic calendar, and market analysis reports to enhance traders' knowledge and decision-making.

FAQs

Q: Is FXFront regulated?

A: No, FXFront operates without valid regulation.

Q: What market instruments does FXFront offer?

A: FXFront offers currency pairs, commodities, indices, cryptocurrencies, and bonds.

Q: What are the account types offered by FXFront?

A: FXFront offers Standard, Premium, and VIP accounts.

Q: What are the leverage options at FXFront?

A: Leverage options vary across account types, ranging from 1:500 to unlimited.

Q: What is the minimum deposit requirement for FXFront?

A: The minimum deposit ranges from $100 to $1000, depending on the chosen account type.

Q: What deposit and withdrawal methods does FXFront support?

A: FXFront supports bank wire, credit card deposits, and popular e-wallets.

Q: What trading platforms does FXFront provide?

A: FXFront supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms.

Q: What educational tools are available at FXFront?

A: FXFront offers video tutorials, ebooks, webinars, an economic calendar, and daily market analysis reports.

Broker Information

Company Name

FXFront

Company Abbreviation

FXFront

Regulatory Status

No Regulation

Platform registered country and region

China

Company website
Phone of the company

--

Twitter

--

Facebook

--

Instagram

--

YouTube

--

Company address

--

Linkedin

--

WhatsApp

--

QQ

--

WeChat

--

Customer Service Email Address

--

Company Summary

User Reviews

Sort by content

  • Sort by content
  • Sort by time

User comment

2

Comments

Write a review

FX1518667510
more than one year
After activating my trading account, I faced a situation where a trade went bad. During the critical time of managing losses and formulating a strategy, I reached out to their customer support, but found them to be rather unprofessional. Responses were not only delayed, but also didn't provide any practical solutions to my problem. Instead of helping me cope with the challenging situation, their approach seemed to complicate matters further.
2023-10-11 10:29
Reply
0
0
Oscar Walker
more than one year
Dreaming of speedy withdrawals? You're in for a rude awakening. It was like watching evolution in progress, stupendously slow. And my luck with customer support? Might as well have been chatting with a statue, totally unresponsive.
2023-10-10 17:54
Reply
0
0
TOP
Select Country/District
United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com