ExoFX Review
ExoFX is the trading name of Alpha Capital Markets Plc incorporated in England and Wales and is registered under company number 5196460. Founded in 2004, Alpha Capital Markets Plc. is authorized and regulated by the Financial Conduct Authority to conduct investment business in the United Kingdom, under Firm Reference Number 441689.
ExoFX is a leading online trading brokerage specialized to provide individuals and organizations with services in international financial markets. The company is a partner of several leading brokerage software developers. ExoFX applies the STP model with the Bridge Technology to work with its Prime Broker and executes clients’ orders in Non-Dealing Desk mode.
ExoFX acts as support center, providing customer support, back office and compliance services. It also offers extensive education and training services to International traders to help them understand the Currency market better. ExoFX offers round-the-clock trading with various currency pairs, as well as in Gold, Silver and CFD as well as indices.
ExoFX offers its professional and private clients the ability to trade in currency markets through the MetaTrader 4 trading system online and in real time mode. The advanced and convenient MetaTrader 4 platform is equipped with the latest functions and parameters, providing each client with a personalized service tool.
ExoFX offers a safe and reliable environment for online trading and aims at providing the most competitive trading conditions through the provision of low spreads, mobile trading, and other trade advantages.
Typical Spread on Majors
EUR/USD | 2 |
GBP/USD | 3 |
USD/JPY | 2 |
- Company Info
Headquarters | London, United Kingdom |
Type of Broker | STP & DMA/STP |
Founded | 2004 |
Regulated By | Regulated By FCA (UK) |
Offices In | United Kingdom |
Supported Languages | Arabic, Chinese, English, Russian |
ESMA Regulation ? | This broker is regulated within the E.U and may be subject to ESMA's new Forex and CFD trading restrictions. To find out more about these restrictions, please see this article |
- Account Details
Account Currencies | USD, EUR, GBP |
Minimum Deposit | $500 |
Traders from USA Allowed | No |
Clients Funds Segregated | Yes |
Interest on Margin | No |
Islamic Accounts | Yes |
Islamic Account Restrictions | Muslim Faith Only |
ECN / STP Accounts Offered | No |
Commission on STP or ECN | 0 |
VIP Accounts Offered | Yes |
VIP Account Requirements | $30,000 Minimum Deposit |
Mini Accounts Offered | Yes |
PAMM / MAM Solutions | No |
API Solutions | No |
Mobile Trading | Yes |
Web Based Trading | No |
Funding Methods | Credit/Debit Cards, Wire Transfer, CashU, WebMoney, Yandex.Money, Skrill, Moneta, PaySafe, China UnionPay |
Withdrawal Methods | Credit/Debit Cards, Wire Transfer, CashU, WebMoney, Yandex.Money, Skrill, Moneta, PaySafe, China UnionPay |
- Platform Details
Platforms Offered | MetaTrader 4, MetaTrader 4 iOS, MetaTrader 4 Android |
NO of Pairs | 60 |
Pricing Digits | 5 |
Trade off Charts | Yes |
One-click Execution | Yes |
Email Alerts | Yes |
Mobile Alerts | Yes |
Trading Server Time | GMT + 0 |
Demo Account Expiry | Non-Expiring |
VPS Offered | No |
- Trading Details
Dealing Desk | Yes |
Maximum Leverage | 400:1 |
Minimum Contract Size | 0.01 |
Execution | Instant Execution (EXO400, EXO200 and EXO100 Accounts), Market Execution (DMA Account) |
Hedging | Yes |
Scalping | Yes |
Scalping Restrictions | No |
Option of OCO | Yes |
Option of FIFO | Yes |
Liquidity Providers | 35+ |
- Additonal Instruments
CFD's | Yes |
Metals | Yes |
Oil | Yes |
Stocks | Yes |
Futures | Yes |
Indices | Yes |
ExoFX Reviews
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