LMFX
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FXNet

 

Company Details

Headquarters Limassol, Cyprus
Type of Broker STP
Founded 2012
Regulated By CySEC (Cyprus)
Offices In Cyprus
Supported Languages English, Arabic, Greek, Russian, Chinese, Polish
Website Visit Website
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, JPY, RUB, CZK, PLN
Minimum Deposit $50
Traders from USA No
Clients Funds Segregated Yes
Interest on Margin No
Islamic Accounts Yes
Islamic Account Restrictions No
ECN / STP Accounts Offered No
Commission on STP or ECN $12 / Lot round trip (Platinum Account)
VIP Accounts Offered Yes
VIP Account Requirements $2,000 Minimum Deposit
Mini Accounts Offered No
PAMM / MAM Solutions Yes
API Solutions No
Mobile Trading Yes
Web Based Trading Yes
Funding Methods Credit/Debit Cards , Wire Transfer , Skrill , Neteller , Webmoney ,China UnionPay , Qiwi , Fastbank , Przelewy24
Withdrawal Methods Credit/Debit Cards , Wire Transfer , Skrill , Neteller , Webmoney ,China UnionPay , Qiwi , Fastbank , Przelewy24

Platform Details

Platforms Offered MetaTrader 4, MetaTrader 4 Mobile, MetaTrader 4 Android, MetaTrader 4 iOS, WebTrader
NO of Pairs 50
Cryptocurrency Trading Yes
Pricing Digits 5
Trade off Charts Yes
One-click Execution Yes
Email Alerts Yes
Mobile Alerts Yes
MetaTrader Server Time (Winter) GMT + 2
Demo Account Expiry Non-Expiring
VPS Offered Yes
Free VPS Conditions Minimum $2000 Account Balance

Trading Details

Dealing Desk No
Maximum Leverage 500:1
Minimum Contract Size 0.01
Execution Market Execution
Hedging Yes
Scalping Yes
Scalping Restrictions No
Option of OCO Yes
Option of FIFO No
Liquidity Providers 3+
Negative Balance Protection Yes

Additonal Instruments

CFD's Yes
Metals Yes
Oil Yes
Stocks Yes
Futures Yes
Indices Yes

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Typical Spread on Majors

 
EUR/USD 2.3
GBP/USD 2.3
USD/JPY 2.4

Company Details

FXNet

FxNet is proud to be one of the few true STP companies, which is fully licensed and regulated. FxNet offers STP accounts for all clients, as well as accounts starting from 0 Pips. FxNet clients never experience re-quotes or rejections. Execution time is one of the fastest available, with an average of 2-5ms. FxNet, being a true STP broker, has no conflict of interest with its clients and therefore strives to offer the best trading experience to forex traders.

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