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FXRoad Review 2024

Ben Johnson
Forex Broker Expert

Recommended

4.7 / 5 – 4 Ratings

Check out the best alternatives

Our verdict on FXRoad

FXRoad is a leading online trading platform known for its very low trading costs and fee-free deposits and withdrawals. Powered by TradingView, FXRoad offers an exceptional trading app alongside its WebTrader, iOS, and Android platforms. With a selection of over 350 trading assets, including Forex pairs, commodities, indices, equities, and cryptocurrencies, FXRoad provides diverse market opportunities, although its range is slightly limited compared to some brokers.

Brokers Highlights

Brokers Name

FXRoad

Trading Desk

ECN

Year Founded

2023

Headquarters

Mahe Seychelles

Regulation

FSA Seychelles with a registration number 8426168-1

US Clients

🇺🇸
No

247 Support

✔️

Support Email

Telephone

+911171279109

Address

CT House, Office 9A, Providence, Mahe, Seychelles

Languages

English, Hindi and Portuguese

Accounts Details

Commission

0% Deposit commision

Accounts

Silver, Gold, Platinum and Islamic

Min. Deposit

$250

Currencies

EUR, USD

Execution

Market Еxecution

Leverage

1:200

Spreads

Spreads From 2.6 pips

Trade Size

From 0.01 lot

Instruments

Commodities, Stock CFDs, ETFs, Forex, Indices, Metals

Demo Trading

✔️

Swap-Free

✔️

CopyTrading

✔️

Crypto Trading

Platforms

Platform

WebTrader, FXRoad iOS App and FXRoad Android App

Mobile Trading

✔️

Web Trading

✔️

Affiliate

Funding

Deposit

Visa, MasterCard, Apple Pay and Google Pay

Withdrawal

Visa, MasterCard, Apple Pay and Google Pay

Pros

  • +350 trading assets
  • Low spreads from 0.6 pips
  • Leverage up to 1:200
  • No hidden commissions
  • Educational resources
  • Mobile applications
  • 24/7 Customer support
  • Data encryption and security
  • Payments flexibility

Cons

  • No US Clients accepted
4.7 / 5 – 4 Ratings

FXRoad is a leading online trading platform very low trading costs, charges no fees for deposits and withdrawals, and offers a great trading app powered by TradingView. FXRoad offers range of instruments is slightly limited compared to other brokers, with +350 trading assets including Forex pairs, commodities, indices, equities, and cryptocurrencies.

FXRoad Regulation

FXRoad is owned and operated by 4Square SY Ltd. 4Square SY Ltd duly registered in Seychelles with a registration number 8426168-1 holder of an FSA license with number SD052.

The Financial Services Authority of Seychelles (FSA), established in 2013, acts as the watchdog for Seychelles’ non-banking financial sector. This means they oversee areas like investment firms, insurance companies, and trust services. Their core mission is to strengthen this sector by implementing robust regulations and supervision. The FSA also plays a role in registering various business entities in the Seychelles.

FXRoad’s Trading Instruments

FXRoad offers a selection of over 350 trading assets, which includes a diverse range of Forex pairs, commodities, indices, equities, and cryptocurrencies. While the variety of instruments might be slightly more limited compared to some other brokers, it still provides ample opportunities for traders to explore various markets and strategies.

With leverage of up to 1:200, traders can potentially amplify their positions, although it is important to manage risk accordingly. Spreads at FXRoad start from 2.0 pips, ensuring competitive trading conditions. Whether you’re interested in the dynamic Forex market, the stability of commodities, the broad market exposure of indices, the individual company performance of equities, or the innovative world of cryptocurrencies, FXRoad provides the tools and environment to support your trading journey.

FXRoad’s Trading Accounts

FXRoad offer four distinct account types designed to meet the diverse needs of our traders: Silver, Gold, Platinum, and Islamic. Their philosophy is rooted in simplicity and transparency, ensuring that FXRoad entire community is aligned and focused on making FXRoad one of the premier trading platforms available.

Each account type provides leverage of up to 1:200, allowing traders to maximize their market exposure. Spreads start from as low as 2.0 pips, providing competitive trading conditions across all account levels. Additionally, FXRoad charge 0% commission on deposits, ensuring that more of your funds go directly into your trading activities.

fxroad trading accounts

Silver Account

The Silver Account at FXRoad offers a balanced trading environment with leverage up to 1:200 on FX pairs and competitive spreads starting at 2.6 pips for FX majors. Enjoy transparent trading with no hidden fees and 0% commission on deposits. FXRoad dedicated support team is available 24/5 to assist you, and you can trade on both WebTrader and our Mobile app. Stay informed about potential changes in trading hours to manage your trades effectively. Choose between USD and EUR for your account currency and start trading with confidence by opening a Silver Account today.

Gold Account

The Gold Account at FXRoad offers a balanced trading environment with leverage up to 1:200 on FX pairs and competitive spreads starting at 2.0 pips for FX majors. Enjoy transparent trading with no hidden fees and 0% commission on deposits. FXRoad dedicated support team is available 24/5 to assist you, and you can trade on both WebTrader and our Mobile app.

Platinum Account

The Platinum Account at FXRoad offers a balanced trading environment with leverage up to 1:200 on FX pairs and competitive spreads starting at 1.4 pips for FX majors. Enjoy transparent trading with no hidden fees and 0% commission on deposits.

Islamic Account

The Islamic Account at FXRoad offers a balanced trading environment with leverage up to 1:200 on FX pairs and competitive spreads starting at ultra tight pips for FX majors. Enjoy transparent trading with no hidden fees and 0% commission on deposits. FXRoad dedicated support team is available 24/5 to assist you, and you can trade on both WebTrader and our Mobile app.

Whether you are a beginner or an experienced trader, FXRoad range of account types ensures that you can find the right fit for your trading style and preferences, all within a supportive and straightforward environment.

How to open account with FXRoad

Opening an account on FXRoad is a user-friendly process, designed to get you trading quickly and efficiently.

Follow these simple steps:

Register – Click on the “Open Account” button located on any page of the FXRoad website. Fill out the form with your basic information and click “Register.” We’ll verify your info fast so you can get started without delay.

Deposit – Add money to your account without commission fees, ensuring all your funds go directly into your trading activities.
Go to Markets

Start Trading – Choose any asset to start trading from our wide range of instruments.

fxroad account opening

You have the option to trade in two modes:

Virtual Account: Experience trading without any risk. Your virtual account comes pre-funded, allowing you to start placing orders immediately and gain valuable experience.

Real Account: If you’re ready for real trading, deposit funds and complete a brief online questionnaire. Once our team has received and verified the questionnaire, you’ll be all set to trade in the real market.

FXRoad is here to support you at every step, ensuring a smooth and straightforward trading experience.

Data Encryption and Security

At FXRoad, the security of your data is top priority. To ensure your information is secure while being transmitted over the internet, FXRoad use SSL (Secure Sockets Layer), the industry-standard safety protocol.

With SSL in place, you can trade, deposit, and withdraw with confidence, knowing your data is fully protected. This encryption technology ensures that all your personal and financial information is safe from unauthorized access, giving you peace of mind as you engage in trading activities on our platform.

Trade securely with FXRoad, where your safety is always our concern.

FXRoad Trading Platform

FXRoad provides a versatile trading experience with multiple platforms powered by TradingView. Trade seamlessly on WebTrader, the FXRoad iOS App, and the FXRoad Android App. These platforms offer intuitive interfaces, advanced charting tools, and real-time market data, ensuring you have the best tools at your fingertips.

fxroad trading platform

Whether you prefer trading on your computer or on the go, FXRoad’s platforms deliver a reliable and efficient trading environment to meet all your needs.

Contacts

Email[email protected]
Business Address – CT House, Office 9A, Providence, Mahe Seychelles

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Recommended

4.7 / 5 – 4 Ratings

Check out the best alternatives

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