Saint Lucia
Saint Lucia
Saint Lucia
Legal Opinion (Certified) Saint Lucia | TradeFx Review Summary | |
| Founded | 2011 |
| Registered Country/Region | Singapore |
| Regulation | No regulation |
| Market Instruments | Forex, commodities, indices, cryptocurrencies |
| Demo Account | ✅ |
| Islamic Account | ✅ |
| Leverage | Up to 1:1000 |
| Spread | From 1.5 pips (Standard account) |
| Trading Platform | MetaTrader 4 |
| Minimum Deposit | $100 |
| Customer Support | Live Chat |
| WhatsApp (24/7) | |
| Phone: +65-9807-0400 | |
| Email: cs@tradefx.co | |
| Bonus | 20% deposit bonus (up to $5,000) |
TradeFx is a forex brokerage based in Singapore that started in 2011. It gives traders access to a wide range of global markets, such as forex, commodities, indices, and cryptocurrencies. The broker offers three main types of accounts: Standard, Premium, and ECN. All of these accounts use the well-known MetaTrader 4 platform, which is available on desktop, mobile, and the web. TradeFx encourages fair trading by offering spreads as low as 0 pips (for ECN accounts), leverage as high as 1:1000, and quick trade execution that averages 0.13 seconds.
The company puts a lot of emphasis on customer service, offering 24/7 multilingual support through live chat, WhatsApp, and email. They also have educational materials and a promotion for a 20% deposit bonus (up to $5000) with clear rules and conditions. Even with these features, TradeFx is not currently regulated, which could make trading even riskier.
| Pros | Cons |
| Various trading instruments | Unregulated broker |
| Multiple account types | |
| Commission-free trading | |
| MT4 platform | |
| Popular payment methods | |
| No deposit/withdrawal fees | |
| 24/7 multilingual customer support |
No. TradeFx is currently unregulated, meaning it does not hold licenses from recognized financial authorities. Traders should exercise caution and consider the risks before investing.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ✔ |
| Stocks | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Trade Fx provides 3 live accounts for users.
| Account Type | Minimum Deposit | Leverage | Spread | Commission | Execution Speed | Suitable for |
| Standard | $100 | Up to 1:500 | From 1.5 pips | 0 | ~1.23 seconds | Suitable for beginners |
| Premium | $1,000 | From 0.8 pips | ~0.82 seconds | Most popular | ||
| ECN | $5,000 | From 0.0 pips | ~0.80 seconds | For experienced traders |
Demo accounts and Islamic accounts are also available.
Leverage can be extended up to 1:1000 depending on account settings. Note that higher leverage can improve profit potential while also increasing risk, therefore appropriate risk management is crucial.
Besides, TradeFx offers commission-free accounts with competitive spreads starting from 1.5 pips on Standard, 0.8 pips on Premium, and 0.0 pips on ECN accounts.
TradeFx provides popular MT4 trading platform for its users.
| Trading Platform | Supported | Available Devices | Key Features | Suitable for |
| MT4 | ✔ | Desktop, Mobile, Web | Advanced charting, one-click trading, EAs support, multiple assets, backtesting | Beginners |
| MT5 | ❌ | / | / | Experienced traders |
Trade Fx provides many payment methods for users, including Bitcoin, Tether, Skrill, Neteller, PayPal, Visa, and Mastercard. TradeFx asks for a minimum $100 deposit. The deposit fee and withdrawal fee are $0.
| TradeFx Review Summary | |
| Founded | 2011 |
| Registered Country/Region | Singapore |
| Regulation | No regulation |
| Market Instruments | Forex, commodities, indices, cryptocurrencies |
| Demo Account | ✅ |
| Islamic Account | ✅ |
| Leverage | Up to 1:1000 |
| Spread | From 1.5 pips (Standard account) |
| Trading Platform | MetaTrader 4 |
| Minimum Deposit | $100 |
| Customer Support | Live Chat |
| WhatsApp (24/7) | |
| Phone: +65-9807-0400 | |
| Email: cs@tradefx.co | |
| Bonus | 20% deposit bonus (up to $5,000) |
TradeFx is a forex brokerage based in Singapore that started in 2011. It gives traders access to a wide range of global markets, such as forex, commodities, indices, and cryptocurrencies. The broker offers three main types of accounts: Standard, Premium, and ECN. All of these accounts use the well-known MetaTrader 4 platform, which is available on desktop, mobile, and the web. TradeFx encourages fair trading by offering spreads as low as 0 pips (for ECN accounts), leverage as high as 1:1000, and quick trade execution that averages 0.13 seconds.
The company puts a lot of emphasis on customer service, offering 24/7 multilingual support through live chat, WhatsApp, and email. They also have educational materials and a promotion for a 20% deposit bonus (up to $5000) with clear rules and conditions. Even with these features, TradeFx is not currently regulated, which could make trading even riskier.
| Pros | Cons |
| Various trading instruments | Unregulated broker |
| Multiple account types | |
| Commission-free trading | |
| MT4 platform | |
| Popular payment methods | |
| No deposit/withdrawal fees | |
| 24/7 multilingual customer support |
No. TradeFx is currently unregulated, meaning it does not hold licenses from recognized financial authorities. Traders should exercise caution and consider the risks before investing.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ✔ |
| Stocks | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Trade Fx provides 3 live accounts for users.
| Account Type | Minimum Deposit | Leverage | Spread | Commission | Execution Speed | Suitable for |
| Standard | $100 | Up to 1:500 | From 1.5 pips | 0 | ~1.23 seconds | Suitable for beginners |
| Premium | $1,000 | From 0.8 pips | ~0.82 seconds | Most popular | ||
| ECN | $5,000 | From 0.0 pips | ~0.80 seconds | For experienced traders |
Demo accounts and Islamic accounts are also available.
Leverage can be extended up to 1:1000 depending on account settings. Note that higher leverage can improve profit potential while also increasing risk, therefore appropriate risk management is crucial.
Besides, TradeFx offers commission-free accounts with competitive spreads starting from 1.5 pips on Standard, 0.8 pips on Premium, and 0.0 pips on ECN accounts.
TradeFx provides popular MT4 trading platform for its users.
| Trading Platform | Supported | Available Devices | Key Features | Suitable for |
| MT4 | ✔ | Desktop, Mobile, Web | Advanced charting, one-click trading, EAs support, multiple assets, backtesting | Beginners |
| MT5 | ❌ | / | / | Experienced traders |
Trade Fx provides many payment methods for users, including Bitcoin, Tether, Skrill, Neteller, PayPal, Visa, and Mastercard. TradeFx asks for a minimum $100 deposit. The deposit fee and withdrawal fee are $0.
