DfxTrade

Editorial Rating:
2.78
Accept US Traders:
No

DfxTrade.com

Formed in 2007 by a group of experienced investors, DfxTrade prides itself on being a progressive online Forex broker that adapts its model to suit its customers’ needs. Indeed, since its inception the site has implemented a number of systems that have earned it the respect of industry bodies, including FX Rush which named them their Best

Currency Platform 2009. DfxTrade.com’s Special FX:

If there’s one area where DfxTrade shines brighter than its competitors it’s in the reward stakes. Trading Forex can often be tough on a user’s bankroll but DfxTrade have found a range of solutions to that problem with their incentive schemes.

From the moment a user loads up their account with money the bonus begin at DfxTrade courtesy of a 10% deposit reward. Available for all new customers, a bonus payment equal to 10% of the opening deposit (up to a maximum transaction of $50,000) is automatically added to their account. Although not instantly available, the money is released in $10 increments for every 100,000 lot traded.

On top of their deposit offer, DfxTrade pays interest on account balances up to a maximum of 3.5%. On top of this, high volume traders can also benefit from a spread rebate on their transactions, which essentially means they are charged less money for each trade they make. All interest payments are made daily in accordance with the annual rate applied to the account.

TYPE                                      MIN. BALANCE  ANNUAL INTEREST %     SPREAD REBATE               

Starter Account                     $200                     None                        None    

Edge Account                       $2,000                   0.5%                        None    

Vantage Account                 $10,000                   1.5%                       1.0 pip  

Premier Account                  $50,000                   2.5%                       1.0 pip  

Executive Account                $100,000+               3.5%                       1.0 pip

The Essentials:

DfxTrade offers its own desktop, web and mobile trading platforms which encompass a number of features, including: in-chart trading, customisable orders and both pre-installed and custom indicators.

For those that don’t need to make use of DfxTrade’s demo account there are five real-money options with ever-improving trading conditions:

Starter Account: Minimum Account balance from $200, spreads from 1 pip on major currency pairs, leverage of 1:100 and minimum trading lot size is 10,000 units.

Edge Account: Minimum Account balance from $2,000, spreads from 1 pip on major currency pairs, leverage of 1:100 and minimum trading lot size is 10,000 units. Additionally this option offer an interest rate of 1.5% on account balances.

Vantage Account: Minimum Account balance from $10,000, spreads from 1 pip on major currency pairs, leverage of 1:100 and minimum trading lot size is 10,000 units. Additionally this option offer an interest rate of 0.5% on account balances.

Premier Account: Minimum Account balance from $50,000, spreads from 1 pip on major currency pairs, leverage of 1:100 and minimum trading lot size is 10,000 units. Additionally this option offer an interest rate of 2.5% on account balances.

Executive Account: Minimum Account balance from $100,000+, spreads from 1 pip on major currency pairs, leverage of 1:100 and minimum trading lot size is 10,000 units. Additionally this option offer an interest rate of 3.5% on account balances.

 

Risk Disclosure: fxBrokerSearch.com will not be held liable for any financial loss or damage caused by users acting upon any information contained within this website, not limited to and including: all numerical data, quotes, charts and buy/sell signals. Moreover, please be advised that Forex trading is one of the most volatile investment forms in the world and all trades should be placed with full consideration of the risks and costs.

fxBrokerSearch.com does not support nor encourage the execution of any investments. Trading with a margin is high risk endeavour and not suitable for everyone, therefore, each investor should carefully consider all relevant trading conditions, such as experience, risk and cost, before taking part in any type of trading, including Forex.

While every effort has been made to ensure all our data is as accurate as possible, fxBrokerSearch.com cannot be held responsible for any prices that are not in line with real-time data. Indeed, the currency exchange market is constantly changing and all CFDs (stocks, indexes, futures) and Forex prices are set by market makers.

This means advertised prices may not be accurate and could differ from the actual market conditions. For this reason it is not appropriate to rely on any data presented by fxBrokerSearch.com for the purposes of trading.

Based on these conditions, fxBrokerSearch.com will not be held responsible for any losses incurred through trades conducted in light of data presented on this site.