FXTRADING.com is a well-regulated forex and CFD brokerage based in Australia, designed to give traders a smooth and quick entry into the global markets. It boasts a wide selection of financial instruments, including forex, stocks, indices, commodities, and cryptocurrencies. The platform offers a user-friendly trading experience through professional tools like MetaTrader 4/5 and IRESS ViewPoint.
As an ECN broker, FXTRADING.com has established connections with top liquidity providers, ensuring competitive trading conditions characterized by fast execution speeds, tight spreads, and low commission fees. You can open a live account with no minimum deposit, and there’s also the option of free demo accounts.
Traders benefit from additional features such as social trading signals, managed accounts, free VPS, extensive market analysis tools, and a wealth of educational resources. Customer support is available 24/7 to assist traders of all experience levels, and all clients are welcome to utilize any trading strategy they choose.
Originally founded in 2009 under the name Rubix FX, the company rebranded to FXTRADING.com in February 2020. It operates under Gleneagles Securities Pty Limited and is regulated by both ASIC and VFSC, offering a maximum leverage of 1:500 for qualifying traders.
You can explore an extensive array of over 10,000 CFD instruments across various asset classes, including forex, indices, commodities, and shares. FXTRADING.com stands out as a reputable broker with an impressive selection of trading options.
When it comes to CFD trading, these contracts allow investors to speculate on price movements without having to own the underlying asset physically. This type of trading is especially favored in forex, shares, and commodities. You can take long (buy) or short (sell) positions based on your market predictions. The profit or loss is determined by the difference in price from the beginning to the end of the contract, minus brokerage fees.
Trading with leverage enables you to control larger positions than your actual capital would allow. For instance, if you have $1,000 with a leverage of 1:100, you could theoretically open a position worth $100,000. While this amplifies potential profits, it also increases risks, making it crucial to fully understand how leverage functions.
FXTRADING.com provides a variety of powerful and intuitive trading platforms for web, desktop, and mobile use. The MetaTrader 4 and 5 platforms, as well as the advanced IRESS platform, offer traders a seamless experience.
MetaTrader is renowned for its user-friendly interface and comprehensive tools that help traders analyze the financial markets. It provides real-time live price feeds, technical charts, and analytical tools, allowing for multiple charts across different instruments and timeframes to help identify trading opportunities.
The platform’s adaptability means traders can create personalized trading strategies and automate their trades using expert advisors (EAs). Additionally, a strategy tester allows users to backtest these EAs against historical data.
MetaTrader 4, developed by MetaQuotes Software, was released in 2005, followed by MetaTrader 5 in 2010, which expands beyond forex trading to include stocks and commodities. Although MT5 incorporates more advanced features and faster backtesting, MT4 remains a favorite among many retail forex traders.
Both platforms are exceptional choices for anyone seeking a smooth online trading experience, with MT5 offering slightly more complex features for those interested in stock trading.
The MetaTrader web platform provides access through most modern browsers without requiring additional software downloads. It retains most functionalities of the desktop version, allowing users to place orders, manage positions, and utilize technical analysis tools directly from their browser on both live and demo accounts.
The MetaTrader mobile app allows traders to conduct transactions anytime, anywhere using their Android or iOS devices. This mobile solution is perfect for those needing to stay connected to their trading accounts while on the move.
For fund managers or traders handling multiple accounts, FXTRADING.com offers the MT4 Multiterminal, allowing for simultaneous management of different accounts with ease.
IRESS ViewPoint and its mobile counterpart provide active traders with tools to monitor and execute trades in real-time across major global exchanges. Key features include live market data, advanced order management, and effective portfolio tracking.
In addition to the trading platforms, FXTRADING.com offers an array of valuable tools, including a Multi Account Manager (MAM) for fund managers and a Percentage Allocation Management Module (PAMM) for clients wishing to invest with fund managers.
The ability to copy trades directly from other traders’ accounts allows beginners or those short on time to benefit from the insights of experienced traders, although it’s essential to recognize the inherent risks involved.
For those running automated trading systems or needing a reliable internet connection, the Forex VPS hosting option enables continuous operation of trading platforms without the need for personal machines.
Trading education is a focal point at FXTRADING.com, with numerous resources available for traders of all skill levels. From guides and tutorials to webinars and trading videos, there’s ample material to enhance your trading knowledge at no cost.
The video section covers a broad range of topics, making complex concepts more digestible for beginners. Similarly, eBooks provide a wealth of information in an easy-to-read format.
FXTRADING.com also offers insights and analysis articles to keep traders informed about market developments, along with trading signals based on chart patterns.
Regular webinars hosted by the broker allow participants to learn from experts about various trading aspects, ensuring traders stay engaged and informed.
In summary, FXTRADING.com is a reputable online trading broker that caters to a wide range of trading needs through advanced platforms, a variety of instruments, and comprehensive educational resources. The MAM/PAMM system facilitates fund management, while traders can benefit from accessible trading signals. Overall, FXTRADING.com presents a solid array of products and services tailored for both retail and institutional investors alike.
Pros include advanced trading platforms, a vast selection of instruments, and excellent educational materials, while cons include the inability to accept USA traders and the expiration of demo accounts after 30 days.
As a self-proclaimed Forex enthusiast, I spend my days exploring and testing all things related to forex trading. With years of experience in the industry, I’ve reviewed countless forex robots, brokers, strategies, and courses. I’m here to share my insights with you for free, helping you navigate the fascinating world of forex trading! For more information, visit https://findnomore.net.