logo |

News

    Home   >     Industry    >     FxNet    >     Main body

    FxNet: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).

    Abstract: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).

      Basic Information & Regulation of FxNet

      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).

      Security Analysis of FxNet

      Although FxNet claims to be regulated by CySEC in Cyprus, it has been verified that the regulatory license held by FxNet is a sleeve license, which means FxNet itself is an unregulated broker and the safety of investors' funds and trading activities on the platform are not protected. When checking a broker's license, investors should pay special attention to the real licensee, as well as the regulatory license number, to prevent the broker from passing itself off as a fake.

      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.

      Accounts & Leverage of FxNet

      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). All three types of accounts have maximum trading leverage of 1:500 and a minimum trading lot size of 0.01 lots.

      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 Available of FxNet

      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 and Withdrawal of FxNet

      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.


    Latest News

    United Arab Emirates Dirham

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand

    United States Dollar

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand
    Current Rate  :
    --
    Amount
    United Arab Emirates Dirham
    Available
    -- United States Dollar
    Risk Warning

    The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

    Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

    Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

    Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.