FxNet

Written by How we review

FXNet is a forex broker providing access to forex and CFD trading on popular web and mobile platforms, with multiple account options and multilingual support. Its offerings, fees, and regulatory status may vary by jurisdiction and account type.
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Key facts

7.3/10
Our rating
#166
Trust rank
2012
Founded
1
Licences
CySEC
233
Countries accepted
HeadquartersCyprus
Broker typeMarket Maker
RegulationCySEC
PlatformsMT4
InstrumentsCommodities, Forex, Indices, Metals
Fee levelMedium

Updated

Pros

  • • CySEC Regulation
  • • Negative Balance Protection
  • • Investor Compensation Fund (ICF) Coverage
  • • Segregated Client Funds
  • • MetaTrader 4 Platform Support

    • Cons

  • • CySEC-only regulation
  • • No US clients accepted
  • • Limited platform choice
  • • Narrower CFD instruments range
  • • Tiered account pricing tied to higher minimum deposits

    • Key Features

  • • CySEC Regulation And ESMA Compliance
  • • Segregated Client Funds And Investor Compensation Fund
  • • MetaTrader 4 Desktop Web And Mobile With Algorithmic Trading Support
  • • Forex And CFD Trading On Currencies Indices Commodities And Metals
  • • Negative Balance Protection And Risk Management Tools

    • Similar Brokers

    Where This Broker Ranks

    FxNet is not in the top 10 for any country or territory we rank yet. Each list shows the ten highest-rated brokers that accept clients there. How we rate brokers · All rankings by country

    How we review: We rate brokers on regulation, safety of client funds, trading costs, platforms and tools, execution, and reputation, using independent research and hands-on platform testing where possible. Partners cannot buy higher scores. This content is informational only, not investment advice.

    See our Methodology and Risk Disclosure for full details.

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    We will review issues related to the information shown on BrokerCatalogue (fees, features, data, wording). For account, deposit, or withdrawal problems, please contact the broker directly. We cannot access your funds or fix platform-side issues.

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    Frequently Asked Questions

    You should confirm which fxnet entity you use. Rules can change by country. Check the license on the public register for that entity. Ask how your money is held, such as separate accounts and daily checks. Read the Terms, Client Agreement, and the Order Execution Policy. Confirm if negative balance protection applies to your profile. If you cannot verify these points on official pages, contact support before you send funds.

    You can trade on desktop, web, and mobile platforms. Look for live charts, order types, watchlists, and alerts. You may also see tools like a VPS, APIs, and plug-ins. These depend on your region and account. Check your device support and whether you can log in on more than one device. Review maintenance times that may pause trading. Try a demo, if offered, to learn the tools before you use real funds.

    You may trade currency pairs and CFDs on commodities, indices, shares, and digital assets where allowed. The product list depends on your region and account. Hours, contract terms, and margin rules differ by instrument. Read the Product Disclosure or Instrument Details to learn symbol rules, size steps, and how events are handled. Some symbols can switch to close-only during major events or low liquidity. If a market is paused by a venue, your order may queue or be rejected.

    Your costs can include spreads, commissions on some accounts, overnight financing on held trades, and currency conversion. Funding and withdrawal services may also charge fees. Some firms apply inactivity fees on idle accounts. Read the fee schedule, the Order Execution Policy, and key info documents to see how pricing and markups work. Compare account types by the overall trading cost, not a single line item. If fees are unclear, ask support for a written breakdown.

    You can usually pay in by bank transfer, cards, and approved wallets, based on your region. The name on your trading account should match the payment method. Processing time depends on provider checks and fraud controls. Some methods require refunds back to the original source before other withdrawals. Conversion may apply if your payment currency differs from your account. Ask for cut-off times, fees, and limits, and keep receipts for your records.

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