FXTRADING.com is an Australian foreign exchange trading (FOREX) brokerage firm based in Sydney, Australia. The broker’s forex fees are low and account opening is fast and easy. Deposits and withdrawals are free of charge. On the other hand, the product portfolio covers only forex and CFDs. Clients are not covered by any investor protection and we missed some research tools, like an economic calendar.
Fees: FXTRADING.com has low forex fees and it doesn’t charge a fee for withdrawal or inactivity. However, CFD fees are not the best on the market.
Account Opening: The account opening process at FXTRADING.com is user-friendly and fully digital. It was also very quick, as our account was approved within a day.
Minimum Deposit: The required FXTRADING.com minimum deposit is $200. The $200 minimum deposit only applies to the Standard Account, though, as Pro and Alpha accounts require higher minimum deposits of $1,000 and $10,000, respectively.
Account Types: FXTRADING.com offers three main account types: Standard, Pro and Alpha. These trading accounts differ in their pricing structure and the minimum deposit required.
Deposit & Withdrawal: FXTRADING.com provides many deposit and withdrawal options, and most of them are free. On the other hand, it is not possible to open subaccounts in different currencies.