FXSolutions Broker Review
| Company | FX Solutions, LLC |
|---|---|
| Established in | 2001 |
| Online since | 2001 |
| International Offices | United States |
| Payment Methods | Check, ClickandBuy, PayPal, Wire transfer |
| Demo Accounts & Platforms | MetaTrader 4, GTS Pro |
| Account currencies | United States Dollar |
| Regulated & Registered by | CFTC/NFA, FSA (UK) |
| Are US Traders allowed? | Yes |
| Bonus? (detailed) | |
| Languages in which website is available? | Arabic, Chinese, English, Spanish |
| Languages in which Support is available? | Arabic, Chinese, Danish, Dutch, English, German, Italian, Japanese, Portuguese, Russian, Swedish, Turkish |
| Different Support methods? | Email, Live Chat, Phone |
| Types of Account (micro standard executive islamic) | Individual |
| Minimum deposit in accounts | $250 |
| Minimum position size | 0.01 lot |
| Type of Spread? | Fixed |
| Minimum spread on EUR/USD, pips | 3 |
| Is Scalping Allowed? | |
| Types of Trading Instruments (GOLD; CFD, etc. and the leverage) | Forex -1:50 |
| Real Trading platforms | MetaTrader 4, GTS Pro |
| Digits after the dot in quotes | 4 |
| Margin call level | 28 |
| Stop-out level | |
| Total Number of currency pairs | |
| Any Bonus offers | Yes |
| Affiliate program Available? | |
| Facility of Overnight interest rates (swaps) | |
| Do they have Trailing stop? | Yes |
| Do they have Pending orders? | Yes |
| Mobile trading allowed? | Yes |
| Browser-based platform present? | Yes |
FXSolutions is an old player in the forex market and is also one of the most trusted and reputed firms. The company was established in the year 2001 and they also started their online trading service which is internet based to reach the traders all over the globe. They have their office in United States of America and are regulated by CFTC/NFA in US and by FSA in UK. They have many lucrative bonuses which add to the fund of the traders. They also offer free education with the help of tutorials and webinars which are available on their website. They have the facility of putting the trade through the telephone. Managed accounts are also available for the customers. The other features of the company includes, trailing stops, pending orders, one click trading, mobile trading and automated trading. They payment, both deposit and withdrawal can be made using check, ClickandBuy, PayPal and Wire Transfers. The currency allowed in the trader’s account is only United States Dollar and offers 28 major currency pairs to trade in.
Their website is available in Arabic, English, Spanish and Chinese and is very easy to navigate and very informative. Their customer support service is also multilingual and is available in 12 languages and is a boon for all those traders around the world who do not know English. The customer support service can be availed via email, phone and live chat. They offer individual account to their customers and the minimum deposit required to open an account with them is $250 with minimum trade size of 0.01 lots. The trading platform is Meta Trader 4 and GTS Pro for both demo as well as real trading accounts. They allow trading only in forex and the leverage on the same is only 1:50. They have a fixed spread on each trade.
The reviews are the best way to know about the performance of a product or service offered by the company. FXOpen have many happy and satisfied customers and is substantiated by their online reviews. The most liked feature of FXOpen is its excellent customer support service which is very friendly and is available in 12 languages. The customer support staffs are well trained to handle any trade related issue. The company is well regulated by CFTC/NFA which has the toughest trading laws and also by FSA in UK. This feature is liked by many traders as it increases its reliability quotient. Their website is multilingual and is liked by many traders. Man traders like their bonus offers. The fixed spread on trade is also liked by many as it helps them know the cost of their trade before placing the order. Some of the cons is that they have very limited payment options, the leverage on forex trading is only 1:50 and it allows only USD as the account currencies. The overall review is very good and the average rating given to the company by its users is 5.9 out of 10 which is pretty good score.