FXTRADING.com Review

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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.

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.

FXTRADING.com MetaTrader Platforms
FXTRADING.com MetaTrader Platforms

MetaTrader

MetaTrader provides traders with real time live price feeds, technical charts, analytical tools, and up-to-date financial news. The platform is loaded with an abundance of useful trading tools to help analyse the financial markets in detail. You can load multiple chart types across different instruments and timeframes, to look for potential trading opportunities.

MetaTrader is well known as being very user-friendly and is the platform of choice for millions of CFD and forex traders all over the world. It has an intuitive and fully customisable layout. You can create your own trading strategy templates and trade with automated trading strategies, known within the platform as expert advisors (EAs). There is a strategy tester so that you can back test the EAs over historical data to get a rough idea of how they may have performed.

MetaTrader 4 was developed by MetaQuotes Software and released in 2005. MetaQuotes Software officially released MetaTrader 5 (MT5) in June 2010. Essentially, MetaTrader 5 was designed to be able to trade markets other than Forex, such as stocks and commodities, essentially because it is better able to plug into a centralized trading exchange. You would expect MT5 to have entirely replaced its predecessor MT4, and yet, the old stalwart of retail forex traders seems as entrenched as ever.

They use different programming languages and MT5 allows faster back testing than MT4. MT5 also allows a DOM (depth of market functionality) and is technically supported by MetaQuotes, unlike MT4. MT5 has additional chart types, more time frames, more order types, a greater selection of technical indicators, depth of market pricing (DOM), a multi-threaded strategy tester and more.

Both of the MetaTrader platforms are a great choice for anyone looking for a seamless online trading experience. You may prefer MT5 if you are looking for slightly more complex features and stock trading whereas MT4 should be more than capable to meet the needs of most forex traders.

The key MetaTrader features include the following:

  • Easy to use
  • Modern layout
  • Quick learning curve
  • Fully customisable
  • Market analysis
  • Various chart styles
  • Multiple chart timeframes
  • Different order types
  • Price alert notifications
  • Automated trading
  • Custom trading tools
  • Strategy templates
  • Marketplace
  • Trading signals
  • Free to use
  • Web, desktop & mobile versions
FXTRADING.com MetaTrader Web Platform
FXTRADING.com MetaTrader Web Platform

MetaTrader Web Platform

The MetaTrader web platforms are accessible via links on the broker’s website and give you access to trade directly through most modern web browsers and operating without needing to download or install any additional software. The web trader maintains most of the main features and functionalities that the desktop platform has. You can place orders, amend existing positions, use advanced technical analysis tools and indicators right from your browser on both Live and Demo accounts.

The key MetaTrader web platform features include the following:

  • Trading in Forex, stocks and futures from any web browser
  • The web platform operates without any additional software or browser extensions
  • Compatibility with Windows, Mac, Linux operating system
  • Reliable data protection
  • Netting and hedging position accounting systems
  • Full set of MetaTrader 5 trade orders, including pending and stop-orders
  • All types of trading operations
  • Advanced Market Depth and One Click Trading
  • 3 chart types and 9 timeframes (periods)
  • 30 indicators and 24 graphical objects for technical analysis
  • Real-time quotes in Market Watch
FXTRADING.com MetaTrader App
FXTRADING.com MetaTrader App

MetaTrader Mobile Trading App

There is the MetaTrader trading app that is designed for mobile devices running on Android and iOS, which enables traders to trade from anywhere and at any time. This can be a great solution for those of you who need to access your trading account and view the markets whilst on the go.

You can perform all of the necessary trade action directly from within the palm of your hands. All you need is a compatible mobile or tablet device, along with the app installed and an internet connection. This way, you can take your trading anywhere from the sofa to your holidays abroad.

Some of the key MetaTrader App features include the following:

  • Real-time forex and CFD quotes
  • Full set of trade orders, including pending orders
  • Trade directly from the chart
  • Support of all types of execution modes
  • View your complete trading history
  • Real-time interactive charts with zoom and scroll
  • 30+ of the most popular technical indicators
  • Multiple timeframes to analyse price action and patterns
  • 3 chart types: Bars, Japanese Candlesticks, Line
  • Adjustable settings of technical indicators

MetaTrader Multiterminal

MT4 Multiterminal for fund managers or traders with multiple accounts. It has all the features of the MetaTrader 4 platform but with the ability to handle different accounts at the same time. The MT4 Multiterminal aids order volume distribution among several accounts.

FXTRADING.com IRESS ViewPoint
FXTRADING.com IRESS ViewPoint

IRESS ViewPoint

RIESS Viewpoint is a web-based application powered by the IRESS platform which is a provider of stockmarket data. IRESS Viewpoint gives you access to real time live and dynamic pricing updates of various financial instruments. It is an enhanced software solution offering better performance and compatibility with a wider range of internet browsers.

One of the key technology solutions provided by the trading platform is the ability to have multiple portfolios. Additional tools simplify the process of portfolio management and minimise the necessity for other investment management solutions.

Key features of the IRESS ViewPoint platform include:

  • Highly compatible offering
  • IRESS Mobile versions for iOS and Android
  • Module linking
  • Intuitive interface
  • Improved browser alerts
  • Provides traders with access to global markets
  • Manage multiple portfolios
  • Real-time price streaming
  • Provides traders with access to global markets
  • DMA Pricing provides genuine exchange pricing and market depth
FXTRADING.com IRESS Mobile App
FXTRADING.com IRESS Mobile App

IRESS Mobile

IRESS mobile is ideal for active traders as it provides them with the ability to make and monitor trades from a smartphone or tablet device. Manage your trading in real-time on smartphone or tablet, stream real-time prices, view the portfolio, create watchlists, view charts, access market news, place orders (inc contingent orders) and view charts. Traders can do this for the major global exchanges including the LSE, NYSE, NASDAQ and Australian Stock Exchange (ASX).

The key features of the IRESS mobile app include the following:

  • Live dynamic pricing and market data
  • Access to real-time financial news
  • Track portfolio and holdings
  • Advanced order management
  • Enhanced charting

Tools

The broker also provides clients with a range of useful trading tools in addition to the vast number that are already built into the professional trading platforms. These helpful trading tools include the Multi Account Manager (MAM) that allows fund managers and institutional traders to manage multiple accounts with the broker; Percentage Allocation Management Module (PAMM), which allows clients to invest their funds with other traders and fund managers on the broker’s platform; and the Prime API FX & CFDs for automation of trades.

API Trading

API trading (short for application programming interface) lets you connect two applications – for example, your FXTRADING.com trading account and your custom-built platform. Thus, a trading API facilitates the interaction between the two software’s and allows for the exchange of data and requests. Trading with APIs lets you access the brokers ecosystem directly – giving you faster order execution and more control over your trades. API trading is available to both wholesale and institutional clients.

MAM/PAMM

MAM stands for Multi-Account Manager while PAMM stands for Percentage Allocation Management Module. Both of them allow the fund managers, to manage many accounts straight from their own accounts. The big advantage being, they don’t have to create an investment fund to manage other people’s accounts. FXTRADING.com provides money managers and funds of all sizes access to some of the best technologies through margin trading.

Trade Copying Platform

Using the FXTRADING.com platform, you can copy trades of other traders directly to your account. This can be useful for beginners who do not have the experience to trade by themselves. It can also be useful for those who do not have the time to trade and professional traders who want to share their trading signals with fellow traders. Just keep in mind that there is no guarantee on just how well these trading signals will perform. You should be well aware of all the risks involved.

VPS Hosting

Virtual Private Server (VPS) is hosting that virtually mimics dedicated server environments within a shared server. VPS hosting has become a popular choice because it is generally lower in cost than dedicated hosting but provides better reliability, security, and performance than shared hosting.

FXTRADING.com have a Forex VPS that lets you run your trading platforms 24/7 so that you do not need to run it on your own machine. You just simply login to the VPS at a time that is convenient for you to see how things are going. A Forex VPS is often a popular choice for traders who are running automated systems around the clock and those that may not have the most reliable internet connection.

Ensure your account maintains a minimum balance of USD $5,000, or equivalent currencies and trades 10 standard lots per month, then you get access to the FXTRADING.com free forex VPS.

FXTRADING.com Autochartist
FXTRADING.com Autochartist

Autochartist

Autochartist is a powerful pattern-recognition tool which automatically monitors the markets on your behalf. The program can identify chart patterns using technical indicators such as Fibonacci retracements along with support and resistance. It monitors the markets 24 hours a day, alerting you to trading opportunities in real time. Autochartist is often used on the MetaTrader 4 (MT4) platform, and you’ll get it for free when you download MT4 from FXTRADING.com.

Education

The FXTRADING.com website is packed with helpful educational materials and resources to help clients improve upon their trading knowledge and skills. It doesn’t matter if you a are a new trader, intermediate or experience trader, there is an abundance of useful information for everyone. What’s more, the education is provided free of charge. You will find trading guides, tutorial videos, interactive courses, strategies, webinars and more.

FXTRADING.com Forex Trading Videos
FXTRADING.com Forex Trading Videos

Trading Videos

The FXTRADING.com video section has a selection of videos on demand that cover a variety of trading topics ranging from the basics of forex trading, market analysis, trading strategies, psychology and discipline, trading tools and much more. They are explained clearly, easy to understand and enjoyable to watch.

FXTRADING.com Forex eBooks
FXTRADING.com Forex eBooks

Trading eBooks

Just like with the video section, there is a good selection of free trading guides in the form of easy to digest eBooks. They cover similar topics that can be especially useful for beginners to improve their trading knowledge at their own pace.

Trading Strategies

FXTRADING.com have a range of trading strategies that you can browse and learn from. You may implement ideas from them into your own trading activity. A demo account can be a great way to practice different strategies to see which works best for you.

News & Analysis

FXTRADING.com provide some up to date news and analysis articles that cover different markets and can be used to help inspire trade ideas and keep you in touch with some of the latest market activity. There are trading signals available which are based on chart patterns along with a chart showing the price action analysis signal. As always, there can be no guarantee on how good or bad a signal is and you should be aware of all the significant risks involved with trading online.

Webinars

FXTRADING.com host frequent webinars where you can learn from the brokers expert team various aspects of trading the markets.

Conclusion

FXTRADING.com is an established and regulated online trading broker that offers plenty of trading instruments for trading online via sophisticated trading platforms for web, desktop and mobile. The broker has a variety of account types and selection of convenient payment options. You get access to some very useful trading tools and can learn more about the markets with the provided educational materials. The MAM/PAMM system allows for fund management, while there are trading signals available for traders to copy each other. All in all, FXTRADING.com has a solid offering of trading products and services to meet the needs of retail traders and institutional investors alike.

FXTRADING.com

FXTRADING.com

8.8

MARKETS

9.0/10

PLATFORMS

9.0/10

TOOLS

9.0/10

EDUCATION

8.0/10

PROS

  • Advanced and user-friendly trading platforms
  • Thousands of trading instruments
  • MAM/PAMM options
  • Copy trading signals
  • Market news and analysis
  • Lots of educational materials
  • Demo trading accounts
  • Excellent customer support

CONS

  • Cannot accept USA traders
  • No swap-free accounts
  • Demo accounts expire after 30 days
VISIT FXTRADING.COM WEBSITE

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