Abstract:FxPlayer is a true ECN/STP/DMA trading platform dedicated to providing investors with a highly transparent trading environment. FxPlayer is currently not subject to any effective regulation.
Basic Information & Regulators of FxPlayer
FxPlayer is a true ECN/STP/DMA trading platform dedicated to providing investors with a highly transparent trading environment. FxPlayer is currently not subject to any effective regulation.
Safety Analysis
FxPlayer is currently unregulated and is, therefore, a risky trading platform, so investors should avoid it.
Markets Instruments of FxPlayer
Investors can trade major currency pairs, minor currency pairs, global currency pairs, gold spot, silver spot, brass futures, USOIL futures, and UKOI futures with the FxPlayer platform.
Accounts & Leverage of FxPlayer
To meet different investors' investment requirements and trading experience, FxPlayer offers six different types of accounts, namely Micro Accounts (minimum deposit of $50), Mini Accounts (minimum deposit of $500), Standard Accounts (minimum deposit of $5,000), Pro Accounts (minimum deposit of $20,000), Institutional Accounts (minimum deposit of $100,000) and Flex Accounts (minimum deposit of $10,000). Leverage is 1:100 for Micro & Mini accounts and 1:200 for Standard, Pro, Institutional, and Flex accounts.
Spreads & Commissions of FxPlayer
All accounts come with floating spreads with an average spread of 0.4 pips for EURUSD, 0.3 pips for USDJPY, and 0.5 pips for GBPUSD. Trading commissions are $0.06 per micro lot for Micro accounts, $0.05 per micro lot for Mini accounts, $0.04 per micro lot for Standard accounts, $0.03 per micro lot for Pro accounts, $0.02 per micro lot for Institutional accounts, and $0.035 per micro lot for Flex accounts.
Trading Platform Available
FxPlayer offers traders the flexibility to choose from FxPlayer Trader (BETA) and the market-leading and highly recognized MT4 and MT5 trading platforms, UniTrader, Currenex, and ActTrader.
Deposit and Withdrawal of FxPlayer
Micro and Mini accounts are available for online payments, e-wallets, credit/debit cards, Bitcoin. Standard, Pro, Institutional, and Flex accounts also support these payment methods and wire transfer.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.