Synergy FX Review
Note: Synergy FX has closed and is no longer operating. We recommend clients explore other quality brokerage options available on our site. You can view our other quality broker listings here.
Typical Spread on Majors
| EUR/USD | 1.2 |
| GBP/USD | 1.3 |
| USD/JPY | 1.4 |
- Company Info
| Headquarters | Sydney, Australia |
| Type of Broker | ECN/STP & STP |
| Founded | 2011 |
| Regulated By | Regulated By ASIC (Australia) |
| Offices In | Australia, China, United Kingdom |
| Supported Languages | English, Chinese |
| ESMA Regulation ? | This broker is not regulated within the E.U and is not 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 | AUD, USD, GBP, EUR, JPY, NZD, SGD, CHF |
| Minimum Deposit | $100 |
| Traders from USA Allowed | No |
| Clients Funds Segregated | Yes |
| Interest on Margin | No |
| Islamic Accounts | No |
| ECN / STP Accounts Offered | Yes |
| Commission on STP or ECN | $3.00 / Lot per side (ECN Account) |
| VIP Accounts Offered | Yes |
| VIP Account Requirements | $50,000 Minimum Deposit |
| Mini Accounts Offered | Yes |
| PAMM / MAM Solutions | Yes |
| API Solutions | Yes |
| Mobile Trading | Yes |
| Web Based Trading | Yes |
| Funding Methods | Credit/Debit Cards, Wire Transfer, Skrill, China UnionPay, PayPal |
| Withdrawal Methods | Credit/Debit Cards, Wire Transfer, Skrill, China UnionPay, PayPal |
- Platform Details
| Platforms Offered | MetaTrader 4, MetaTrader 4 Mobile, MetaTrader 4 iOS, MetaTrader 4 Android, SynergyFX Social Trader |
| NO of Pairs | 30 |
| Cryptocurrency Trading | Yes |
| Pricing Digits | 5 |
| Trade off Charts | Yes |
| One-click Execution | Yes |
| Email Alerts | Yes |
| Mobile Alerts | No |
| Trading Server Time | GMT + 2 |
| Demo Account Expiry | 30 Days |
| VPS Offered | Yes |
| Free VPS Conditions | Receive a discounted rate at a premium VPS service |
- Trading Details
| Dealing Desk | No |
| Maximum Leverage | 500:1 |
| Minimum Contract Size | 0.01 |
| Execution | Market Excecution |
| Hedging | Yes |
| Scalping | Yes |
| Scalping Restrictions | No |
| Option of OCO | No |
| Option of FIFO | No |
| Liquidity Providers | 10+ |
| Negative Balance Protection | No |
- Additonal Instruments
| CFD's | Yes |
| Metals | Yes |
| Oil | Yes |
| Indices | Yes |
Synergy FX Reviews
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