FXFlat Review
What is FXFlat?
FXFlat, a German online broker, has been in operation since 1997 and has received many awards for its trading conditions. FXFlat offers its clients innovative technology and unrivalled service. All of this is respectfully regulated under the relevant laws.
FXFlat has been growing its service for many years. It is constantly expanding its portfolio and putting emphasis on quality support. This includes education through webinars and seminars.
FXFlat is a philosophy that supports the development of CFD markets in Germany. The company is a member CFD Verband e.V. with the purpose of promoting transparency and investor protection. FXFlat also plays an active part in social responsibility, supporting many social institutions, hospitals, and other organizations.
Broker: FXFlat
Minimum deposit: 200 EUR
Leverage: 1:30
Regulator: BaFIN
Year: 1997
Platforms: MT4, MT5, AgenaTrader
HQ: Germany
FXFlat License:
FXFlat Wertpapierhandelsbank GmbH - authorized by BaFIN (Germany) license no. 109603
Overview
FXFlat, a trusted trading broker with regulated proposals, good support and advanced education is FXFlat. The fees are very low and the platform selection is extensive.
Negative side: Instruments are limited to Forex and CFDs, and there is no 24/7 support.
Pros
MetaTrader 4 & 5, plus Trader WorkStation
Additional tools and add-ons
Variety of instruments
Regulated by BaFin
Cons
Might be confusing for beginners
Not the most competitive spreads
Videos and webinars only in German
Rating of the company overall
Reliability ⭐⭐⭐⭐
Platform ⭐⭐⭐⭐
Commissions ⭐⭐⭐⭐
Support ⭐⭐⭐⭐⭐
Financial instruments ⭐⭐⭐⭐
RATING: 4.4
Specifications
Awards
During its many years of operation FXFlat received highly positive recommendations and regards from both traders they serve as well as numerous industry awards
Is FXFlat a safe investment or a fraud?
FXFlat isn't a fraud and is a trusted broker because of regulations.
FXFlat is a trading brand owned by FXFlat Wertpapierhandelsbank GmbH established under German laws, also acting as a large Introducing Broker and operates as a securities trading bank. FXFlat has its headquarters in Ratingen, near Dusseldorf. It is fully regulated by and authorized broker by industry-recognized BaFin.
BaFin, a German authority that promotes integrity and transparency in the financial sector, is also compliant with European ESMA/MiFID sets.
Clear state is required to ensure that a trading firm is legally registered, continuously monitored, and transparent in its investment or trading services. In simple terms, BaFIN provides FXFlat conditions to clients and protects investorsin all situations.
FXFlat offers many guarantees for money processing and funds. BaFin regulations also cover accounts, while brokers are subject to strict rules regarding deposit protection and segregation from company funds.
Leverage
Leveraged trading lets you invest in rising and falling markets, and gives you greater exposure to them than your initial balance.
FXFlat is a European regulated broker. However, retail traders have lower leverage ratios as leverage goes to 1:20 for minor currencies and 1:10 for commodities.
FXFlat offers free training for qualified speakers to help you understand the best way to leverage your resources.
A professional offer will still include specific conditions, but with higher ratios. However, it is only available to professionals who have confirmed their status.
Types of accounts
FXFlat doesn't offer any different account types. consolidated its proposal into one account where you can access all instruments and manage your account. Only the base currency, either the DE account or the GB account on the MT4 platform, is what defines the difference.
Money managers can also apply for a specific account, known as a corporate account with tailored solutions and MAM/PAMM basis.
Fees
FXFlat trading terms and FXFlat Spreadwhich are trading costs applied to your transaction, is mainly included in spread or commission as specified by the instrument. See the fee table for a complete breakdown of fees such as funding fees and inactivity.
Spreads
You can refer to the below snapshot to see FXFlat spreads or conditions when trading Equity and Share CFDs. We found that FXFlat offers very competitive conditions. The spread for Bitcoin is approximately 35pips and the majority of brokers offer 50pips. You can also compare FxFlat fees with HotForex.
Deposit and Withdrawal Options
Our FXFlat Review ends with how to transfer funds to your trading account. FXFlat supports all the common payment methods, including card payments, bank transfers, PayPal, Skrill and Neteller.
FXFlat minimum deposit
The minimum FXFlat deposit is 200 EUR. Additional payments will be 50 EUR.
FXFlat Minimum Deposit vs Other Brokers
FXFlat withdrawal
FXFlat states that deposits and withdrawals are free from fees. You can also use various withdrawal options, including Paypal withdrawal. You should always consult the customer service or payment provider if there are any fees due to specific conditions or international policies.
Trade Platforms
FxFlat Review's technical point concerns trading platforms and the software you'll be using to execute orders. FXFlat was a top choice among high-performing tools such as the MetaTrader4 or MetaTrader5, StereoTrader or AgenaTrader.
You can choose to use industry standards MT4 or its newer version MT5 for your trading, or you could stick with AgenaTrader's mainstay of automated trading and market scanners.
StereoTrader is a powerful tool to automate trading on MetaTrader. This feature can also be used with MT technical solutions. StereoTrader will take it to the next level.
FXFlat also offers complimentary add-ons that enhance your strategy's capabilities. All platforms can be used with a variety of computers, MACs, or mobile apps so you are always connected.
FXFlat education materials should be a top priority. Knowledge is essential for all trader types, and FXFlat can help you.
Conclusion
FXFLat Reviews and the brokers trading opportunity are a solid choice due to their long history and favorable terms. If you choose FXFlat to be your broker, this will ensure that you not only get low-cost trading, but also proven technology, education, and transparency through all trades.