FxCompany

Editorial Rating:
1.96
Accept US Traders:
No

FXCompany.net

FXCompany has been online since 2004 and during that time it’s developed an online trading platform that was one of the first to remove commission fees and lower spreads to 0.5 pips. These innovations have allowed this broker to reduce its client’s costs by around 40% and make it a more profitable proposition for traders of all skill levels.

Despite being based and regulated in Mauritius, FXCompany’s website is available in a number of languages, including: Chinese, English, Hebrew, Hindi, Japanese, Polish, Russia and Indonesian. Add to this lingual dexterity a support system that allows customers to speak with an agent via email, live chat and phone, and FXCompany is a broker that is both supportive and efficient.

FXCompany.net’s Special FX:

Every new member at FXCompany can benefit from a sign-up reward of 50% up to a maximum of $10,000 with a minimum deposit threshold of $100. For example, if a new user was to deposit $1,000 they would receive an extra $500 on top of their own funds.
This money is given in the form of trading equity and can't be withdrawn. Another caveat to note is that this bonus is only available on Standard Accounts and any attempt to withdraw the bonus will lead to forfeiture of the money.

On top of this deposit bonus sits a 40% top up reward as well as regular trading contest which payout thousands of dollars to demo account holders.

Beyond the free money given away by the Forex broker is a two-tier education system aimed at beginners and professionals. For those who are just starting their foreign exchange journeys the Marathon StarTRade course is designed to outline the fundamental concepts of the industry.

For traders with more experience in the FX world a selection of workshops complement a custom designed course entitled Secrets of Trading Systems TC REMA24. This training package offers a deeper level of insight into the Forex world and it’s to trading strategies.

The Essentials:

MetaTrader 4 is the trading platform utilised by FXCompany and provides a comprehensive software package that caters to novices and professionals. Trailing stops, in-chart and automatic trading as well as live data feeds are all available through MetaTrader 4.
To complete FXCompany.com’s package two accounts are on offer:

Micro Account:
Minimum account size = $1
Maximum account size = $1,000
Minimum position size = 0.01 lot
Variable spreads typically from 2 pips with a minimum of 0.8 pips on major currency pairs.
Leverage = 1:500
Digits quoted after the comma = 5
Margin call level = 70%
Stop-out level = 50%
Number of currency pairs available = 86

Standard Account:
Minimum account size = $100
Minimum position size = 0.1 lot
Variable spreads typically from 2 pips with a minimum of 0.8 pips on major currency pairs.
Leverage = 1:500
Digits quoted after the comma = 5
Margin call level = 25%
Stop-out level = 15%
Number of currency pairs available = 86

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.