FXFlat Review

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FXFlat
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3.60/5

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FXFlat is a well-established broker since 1997. FXFlat has headquarters in France, Germany and Netherlands. They are generally well-suited for FXFlat to provide their Forex/CFD trading services to global clients.

This broker has also been regulated by BaFin 148415.


Company Information

🌐 Website
www.fxflat.com

Year Established
1997

🌎 Country
Germany

💼 Regulation

Features

📖 Free education

📈 Managed accounts

Account Information

Apart from the forex demo account, this broker offers Mini and Standard. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by FXFlat is up to 1:400. Meanwhile, you can open an account with a starting capital of $200.

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Min Deposit

$200

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Max Leverage

1:400

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Spread

Variable

If you want to look for a more simple explanation regarding this broker's account type(s), take a look at the following chart:



💲 Min Deposit $500

💡 Min Position 0.01 lot

🔢 Spread Variable

📉 Scalping

🤖 Expert Advisors

Trailing stop

Pending orders

1️⃣ One-click trading

💻 Browser-based platform

Instruments Traded

Besides lots of currency pair, FXFlat also offers some instruments you would like to trade on, such as Forex, Gold & silver, CFD, Oil, Stocks, Indexes, Agriculture, Soft commodities, Metals, Energies, Bonds and ETF for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for Mini account, FXFlat specifically provides it with the following instruments and leverage:


Forex

Forex
1:400

Gold & silver

Gold & silver
1:50

Indexes

Indexes
1:200

Agriculture

Agriculture
1:50

Metals

Metals
1:50

Energies

Energies
1:50

Bonds

Bonds
1:50


💲 Min Deposit $200

💡 Min Position 1 lot

🔢 Spread Variable

📉 Scalping

🤖 Expert Advisors

Trailing stop

Pending orders

1️⃣ One-click trading

💻 Browser-based platform

Instruments Traded

Besides lots of currency pair, FXFlat also offers some instruments you would like to trade on, such as Forex, Gold & silver, CFD, Oil, Stocks, Indexes, Agriculture, Soft commodities, Metals, Energies, Bonds, ETF and Cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for Standard account, FXFlat specifically provides it with the following instruments and leverage:


Forex

Forex
1:30

Gold & silver

Gold & silver
1:50

Indexes

Indexes
1:30

Agriculture

Agriculture
1:50

Metals

Metals
1:50

Energies

Energies
1:50

Bonds

Bonds
1:50

Cryptocurrencies

Cryptocurrencies
1:2

Payment Methods

Wire transfer : Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.

Skrill : Mostly, all forex brokers provide Skrill as an online payment service option. Fast, easy, and safe transactions are the main reasons why traders using this method. Traders can use Skrill to fund their trading accounts with either payment cards, bank wire transfers, or directly from a Skrill e-wallet account.

PayPal : Online payment was not a thing back in the early 2000s, but PayPal has been in the market since 1999 and thus deserves to be regarded as one of the first e-payment services in the world. The US-based company is popular across many online platforms, including forex brokers.

FXFlat also provides payment with Credit/debit cards, iDEAL, giropay, UnionPay and SOFORT



Trading Platforms

Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.

Hereby, FXFlat offers you MetaTrader 4 and Trader Workstation.

Customer Support

Do you have any question or find any trouble related to FXFlat? If you do, you should reach FXFlat's support to get the information that you need. Here is the detail of the broker's customer support:

Website Languages

Dutch
English
French
German

Office Support

Email Support

Call Support

Chat Support



FAQ About FXFlat

Is FXFlat a good broker?

A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if FXFlat is a good broker for you or not by reviewing the criteria. In general, FXFlat provides trading service in Forex , Gold & silver , CFD , Oil , Stocks , Indexes , Agriculture , Soft commodities , Metals , Energies , Bonds , ETF and Cryptocurrencies . As for the payment methods, you can choose between Credit/debit cards, giropay, iDEAL, PayPal, Skrill, SOFORT, UnionPay and Wire transfer. The customer support is available via Callback, Email, Live chat, Office, Phone and Web form.


What is the minimum deposit for FXFlat?

The starting capital in FXFlat is $200.


Is FXFlat regulated?

FXFlat is regulated by BaFin 148415. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.


Is FXFlat legit?

FXFlat is a brokerage company offering trading services for clients since 1997 with offices in France, Germany and Netherlands.