⭐ TradeFxP Journal
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TradeFxP Profile
Website
Year
2014
Country
Saint Lucia
Branches
2
Regulation
not regulated
Registration
FSRA Saint Lucia
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Afghanistan, Africa, Belarus, Burundi, China, Cuba, Indonesia, Iran, Iraq, Malaysia, Maldives, Moldova, Myanmar, Nicaragua, North Korea, Pakistan, Russia, Turkey, US, Vanuatu, Venezuela, Yemen
Broker type
MM, ECN marketing
Dealing book
A+B Hybrid book
Execution model
DD + NDD
Licensed as
Unlicensed
Operating as
Principal, Matched Principal
Tier
3
Execution speed
...
LPs total
...
LPs quality
...
LPs names
...
TradeFxP Accounts
MM
STP
ECN
Minimum Deposit
100 $
100 $
3000 $
Leverage
300 : 1
300 : 1
300 : 1
Minimum Lot
0.01 lots
0.01 lots
0.01 lots
EURUSD spread
2.1 pips
2.1 pips
0.3 pips
Commission
0 $/lotRT
0 $/lotRT
7 $/lotRT
Volume
100 lots
100 lots
100 lots
Margin Call
100 %
100 %
100 %
Stop Out
30 %
30 %
30 %
Execution
Market
Market
Market
Spread
floating
floating
floating
Scalping
no
no
no
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Tether, Stripe
Base currency
USD
Segregated accounts
yes
Interest on margin
no
Inactivity fee
after ... months
| Update broker |
- Full listing profile: TradeFxP broker profile
Is TradeFxP safe?
- Investor protection: no
- Regulation: not regulated
- Registration: FSRA Saint Lucia
- Publicly traded: no
- Segregated account: yes
- Guaranteed Stop Loss: no
- Negative Balance Protection: no
Is TradeFxP trusted?
- Information transparency: limited
★★ - Customer service: prompt, helpful
★★★★★ - TradeFxP website: uninformative, updated
★★ - TradeFxP popularity (by visitor count): low visits
★★
HOW TRADEFXP WORKS
📢 MARKETING FOCUS
Low spreads beginning from 0 pips for main instruments, 41 currency pairs. Streaming forex rates, Instant Execution technology.
We've been funding technology and building a deep network of liquidity partners, so we can invariably quote tight spreads in most market conditions.
https://tradefxp.com/about-us.php
ECN Account – An ECN (Electronic Communication Network) account is a type of Forex trading account that allows traders to access the interbank market and trade directly with liquidity providers without the intervention of a dealing desk.
https://tradefxp.com/forex-accounts-types#ecn
LEGAL FOCUS
Client orders and transactions
The Company provides Market Execution on all the trading instruments. The Company applies ECN/STP model to orders’ execution, that is, all the Client’s positions are offset to the interbank liquidity providers. In some cases the orders may fail to be offset, or the Company may solely decide not to offset an order or a group of orders.
In exceptional cases short-term orders lasting less than 180 seconds can be cancelled should they be considered an abuse.
The Company provides Market Execution on all the trading instruments. The Company applies ECN/STP model to orders’ execution, that is, all the Client’s positions are offset to the interbank liquidity providers. In some cases the orders may fail to be offset, or the Company may solely decide not to offset an order or a group of orders.
In exceptional cases short-term orders lasting less than 180 seconds can be cancelled should they be considered an abuse.
https://tradefxp.com/terms-and-conditions.php
🎯 CONCLUSION
New Client Agreement link does not open.
Statements are inconsistent.
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