FXTRADING.com Review

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FXTRADING.com Review



FXTRADING.com is a regulated Australian forex and CFD brokerage firm that provides traders with faster and easier access to the global markets. The broker offers an excellent range of financial instruments including forex, stocks, indices, commodities, and cryptos. They have a choice of professional yet user-friendly trading platforms, including MetaTrader 4/5 and IRESS ViewPoint.To get more news about fxtrading.com review, you can visit wikifx.com official website.

FXTRADING.com is an ECN broker that has partnerships with top liquidity providers, hence it offers competitive trading conditions, such as reliable trade execution speeds at the best available prices, tight spreads and low commission fees. There is no minimum deposit to open a live account whilst free demo accounts are available.

Clients can also get access to social trading signals, managed accounts, free VPS, comprehensive market analysis tools and free educational materials. Customer support is on hand around the clock to help you, whatever your location and experience level. All clients are welcome with no restrictions on trading strategies.
The broker was originally set up in 2009 as Rubix FX but rebranded to FXTRADING.com in February 2020. It is owned by the Australian company, Gleneagles Securities Pty Limited, and regulated by ASIC and VFSC. The maximum leverage they provide is 1:500 for qualifying clients.

Markets
You can trade CFDs online with FXTRADING.com, with a huge range of over 10000 instruments across multiple asset classes including forex, indices, commodities and shares CFDs to choose from. There is an excellent choice, up there with the very best brokers.

CFD Trading
A contract for differences (CFD) is a financial contract that pays the differences in the settlement price between the open and closing trades. CFDs essentially allow investors to trade the direction of securities over the very short-term and are especially popular in FX, shares and commodities products.

You can trade CFDs long (buy) or short (sell) and speculate on prices without needing to physically own the underlying asset. If you think the price will rise, you may look to buy the underlying asset. If you think the price will fall, you may look to sell the underlying asset. The price difference from the start and end of the contract is the profit or loss, minus any brokerage fees.

When trading with leverage, you are able to open a position size greater than you would have been able to without it. For example, if you had an account balance of $1,000 and a leverage of 1:100, you could in theory open a position size of $100,000. Whilst this may seem tempting at first as it can increase profit potential, it also increases the risk. Therefore, it is very important that you understand what leverage is and how it works before trading leveraged positions.

Platforms
FXTRADING.com provides clients with a great choice of powerful and intuitive trading platforms for web, desktop and as mobile trading apps. You can choose from the popular MetaTrader 4 and MetaTrader 5 platforms, along with the advanced IRESS platform.