FIXI Markets Review
What are FIXI Markets?
FIXI markets has more than 10 years experience in financial markets. This has helped to set high standards and provide the best trading environment for their customers. The company has its headquarters in London, but it also has offices throughout Australia. This allows for exceptional trading support, with access to market data and liquidity from multiple sources.
FIXI's goal is to provide integrity in trading at all costs. There are many services and support options available to help you become a better trader, with access to the most recent market data and liquidity. Spread Betting, Forex, Index, Commodities, and Spread Betting are all available to UK clients.
Broker: FIXI markets
Minimum deposit: 100 US$
Leverage: 1:30
Regulator: FCA
Year: 2008
Platforms: MT4, MT5, Currenex
HQ: UK
Licenses for FIXI Markets:
FIXI PLC (UK) Registration No. 448399 is not active
Overview
FIXI Markets is a forex broker located in the UK, regulated by the Financial Conduct Authority (FCA).
Be aware, the company has some trading restrictions because of the European Securities and Markets Authority (ESMA) influence.
Pros
Solid regulation (FCA), part of an international group
Competitive spreads
Multiple platforms (MT4, MT5, Currenex)
Reasonable leverage levels offered
Commission-free trading
Cons
No significant disadvantages
Rating of the company overall
Reliability ⭐⭐⭐⭐
Platform ⭐⭐⭐⭐⭐
Commissions ⭐⭐⭐⭐
Support ⭐⭐⭐⭐
Financial instruments ⭐⭐⭐⭐
RATING: 4.3
Is it safe to use FIXI Markets?
FIXI Markets and FIXI Select are trading names for FIXI PLC. FIXI Plc has been authorized and regulated under the Financial Conduct Authority (FCA). This regulation involves following strict operational standards, client money protection and trading environment. It is a simple model.
This regulated status allows for clear segregation of money belonging to clients and company funds. All client money is kept apart at all times. FIXI Markets is a member FSCS. This means that the client pays the first PS50,000 of any initial investment. To protect the client's funds, the company made additional investments in technology.
Trading Platforms
FIXI Markets offers the option to choose from the most powerful platforms in the industry, including MT4, MT5 or Currenex. FIXI Markets provides trading clients with the best level of service, whether they are algorithmic traders or those who use EAs or automatic trading. A wide range of technology options for traders, including API and VPS solutions, allow traders to benefit from low latent prices while still enjoying a pleasant trading environment.
The MT4 online forex trading platform is most widely used, reliable, and user-friendly. It allows for analysis of financial markets, performance of trading operations, and the running of trading robots (EAs). You can also copy trades of other traders. The MT5 functions more than the MT4. It is a better option for modern traders. The MT5 provides advanced financial trading functions and superior tools for fundaments and technical analysis. It is available in desktop, mobile, and web versions.
Currenex, one of the most powerful platforms, has access to liquidity sources and order management functions that allow to combine liquidity streams into sophisticated trade settlement. Professional traders have the opportunity to make live streaming, executable offers and bids available for immediate execution. This includes market data, trading strategies, and risk management tools to optimize trades.
The broker may also offer competitions where you can test your trading skills and win valuable prizes. Demo Trading Competitions are a great way for traders to test their trading strategies and gain experience before they trade in real accounts. The goal is to score the goal. There are 11 winning positions and a prize pool of 7,500$ withdrawals.
Account Types
There are many trading accounts available across the platforms. You can choose to trade through Standard, Pro, or Islamic Accounts. Standard and Islamic accounts require 100$ for an initial deposit. Leverage levels up to 1:30 are available. Spreads start at 0.6 pip for EUR/USD. The Islamic feature is designed for traders who adhere to Islam and does not include swaps.
Pro Account is designed for traders with larger trades and offers a raw spread starting at 0.0 pip, along with a charged commission per trade of 7$. You will receive the necessary support and additional features. The account opening fee is 1,000$.
Spreads are used to determine trading costs. They represent the floating tight spread between the liquidity provided by Price Action Point and the trading costs.
FIXI Plc cannot accept applications from applicants from the following countries: USA. Canada. Iran. Iraq. Syria. Lebanon. Liberia. Libya. Somalia. Burma. Eritrea. Sudan. Zimbabwe. The Democratic Republic of the Congo. Republic of North Korea. Former Federal Republic of Yugoslavia.
Payment Methods
FIXI Markets offers traders the flexibility to deposit and withdraw funds. You can deposit funds directly to your trading account via Bank Wire or Skrill, Neteller. It can take up to five working days for funds to reflect in clients accounts depending on how they were transferred.
A client must submit a withdrawal request in order to withdraw funds. Once approved, the funds will be transferred according to the client's instructions. Fees may apply depending on the withdrawal method chosen. FIXI markets accepts deposits and offers an account base currency of GBP, USD and EUR.
Conclusion
FIXI Markets Review is an FCA regulated firm that provides high-quality, secure trading services to global traders. It offers a variety of strategies and a variety of tools to enhance the experience. Through an industry-leading platform, the technological solutions provide direct access to markets via an advanced platform selection.
FIXI Markets Updtade
FIXI Markets is now offshore registered and is not a regulated broker. FIXI Markets also does not accept new clients. If you are offered any offer by FIXI, we recommend that you avoid FIXI Markets.
