FX Trading Master

United States
Generic selectors
Exact matches only
Search in title
Search in content

FXFlat Review and Tutorial

» Visit

Stop United States not accepted.

Go to the Brokers List for alternatives

FXFlat Facts & Figures

FXFlat offers several asset classes on the MetaTrader 4 & MetaTrader 5 platforms.

 

Awards

None

Bonus N/A
Instruments Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, ETFs
Demo Account Yes
Min. Deposit €200
Pay Methods Credit Card, Diners Club, Giropay, PayPal, Skrill, Sofort, Visa
Min. Trade 0.01 lots
Regulated By BaFin
MetaTrader 4 Yes
MetaTrader 5 Yes
cTrader No
ECN Account No
DMA Account No
Mobile Apps Yes
Auto Trading Yes
Social Trading Yes
Copy Trading No
Trade Signals Yes
Islamic Account No
CFD
FTSE Spread 1.0
GBPUSD Spread 0.9
Oil Spread 0.03
Stocks Spread Variable
Leverage
Forex

Trade over 50 online forex pairs at FXFlat.

 

GBPUSD Spread 0.9
EURUSD Spread 0.8
EURGBP Spread 0.8
Assets 50+
Cryptocurrency

Trade cryptos against the US Dollar and Euro.

 

Spread Variable
Coins BTC, LTC, RIP, BCC, DSH, ETH
Risk Warning – Your capital is at risk

FXFlat is a set up representative contribution forex, CFDs, prospects, and digital currencies on the MetaTrader 4, MetaTrader 5, and Trader WorkStation stages. The agent additionally offers a scope of subsidizing strategies, from bank move to PayPal. So, before you log in and store, follow this review for more data on demo accounts, portable applications, estimating, and that’s just the beginning.

FXFlat Details

FXFlat is a German Market Maker financier set up in 1997. The organization holds an administrative permit with the Federal Agency for Financial Services Supervision (BaFin) in Germany. Initially a CFD and forex intermediary, FXFlat presently covers a full range of resource classes, working as a protections trading bank since 2015. 

On top of the scope of monetary instruments, brokers can get to the absolute most mainstream stages accessible. Likewise, extra dealer additional items suit different inclinations, including AgenaTrader, OptionTrader, and SpreadTrader, to give some examples.

Trading Platforms

MetaTrader 4

For CFDs and forex trading, the MetaTrader 4 (MT4) stage is ideal for all levels, offering more than 300 images. In addition, the stage upholds 30 graphical items, nine various time settings, four request types, and supporting capacities. Clients can likewise execute computerized trading techniques utilizing the immense library of master consultants.

MetaTrader 5

The MetaTrader 5 (MT5) stage offers similar overall instruments as MT4, expanding fates contracts. With 21 time stretches, six request types, and 38 graphical items, dealers can execute complete trading systems and itemized value investigation. There’s likewise the expansion of a monetary schedule, Market Depth liquidity see, and an implicit local area talk.

Both the MT4 and MT5 stages are accessible for download on Windows and Mac PCs. Likewise, you can get to both through their particular web-merchant forms, which offer the recognizable progressed trading climate without expecting to download any applications. The web stages are outfitted with the fundamental capacities and permit dealers to switch among work area and program effortlessly.

Trader Workstation (TWS)

TWS offers various instruments to exchange, including stocks, choices, fates, FX, securities, and assets at more than 135 stock trades. The framework comes in the exemplary rendition for more mind-boggling algorithmic trading procedures or the modernized Mosaic adaptation for buildable workspace prerequisites. 

Dealers can likewise profit with continuous record the executives, custom watchlists, alarms, hazard the board apparatuses, in addition to more than 100 request types and calculations. 

TWS is accessible for download on to Windows, Mac, and Linux PCs. On the other hand, TWS is additionally accessible as a web broker, a quick and fantastic asset that accompanies every one of the highlights found in the work area stage.

Markets

FXFlat offers an outstanding instrument choice, including more than 50 forex sets and 11 spot forex sets. You can likewise exchange more than 35 ETFs, 17 record CFDs including DAX and NASDAQ, 12 fates agreements, and many values. There are additionally eight cryptographic money CFDs, eight products including oil and gold, in addition to the Euro Bund CFD.

Spreads & Commission

Spreads are genuinely aggressive at FXFlat, at around 0.8 pips for mainstream money combines like EUR/USD and EUR/GBP. Files are about 1 point for FTSE 100 and US 30, while spot gold is around 0.3 pips. Generally speaking, these are respectable, however not as severe on the off chance that you analyze FXFlat versus CapTrader, Admiral Markets, or IG, for instance. 

A few commissions may likewise apply on chosen instruments and relying upon which trading stage you are utilizing. For instance, commissions are charged from €1.90 in TWS for DE 30 and US 30 records and from €3.50 for EUR/USD. 

A trade rate will likewise apply to expedite positions, which fluctuate, relying upon the cash pair being exchanged and the position size.

Leverage

For forex, you can use up to 1:30 on significant sets. For gold CFDs and records, the greatest influence accessible is 1:20. Different products are accessible up to 1:10, stock CFDs up to 1:5, and cryptographic forms of money up to 1:2. Proficient merchants can use up to 1:200. 

All edge prerequisites, including the late refreshed fates edge rates, are given on the merchant’s site.

Mobile Apps

Both the MetaTrader stages and Trader WorkStation are accessible as portable applications at FXFlat. In addition, dealers can get to the natural trading climate from any place on the planet with the iPhone and Android applications. 

The applications offer entire record history continuously and custom outline windows, and scope of specialized markers. You can likewise use the monetary news channels to keep awake to date while in a hurry. With the TWS versatile application, dealers again appreciate SmartRouting innovation for ideal value execution.

Payment Methods

FXFlat offers a scope of subsidizing techniques, including bank wire cards, Giropay, PayPal, Skrill, and Sofort. Except if you are saving utilizing bank wire, any store or withdrawal requires the finish of a short online structure. 

FXFlat offers free stores and withdrawals in the MetaTrader and TWS stages; however, note that a base measure of €50 applies for each store. Leaves by bank wire in either location are prepared within two working days.

Demo Account

The intermediary offers MetaTrader or TWS demo represents 30 days to test the trading stages, with no commitment or hazard. Demo accounts are an extraordinary route for amateurs and specialists to preliminary or further develop their trading procedures with virtual assets.

FXFlat Bonuses

Because of current EU limitations, there are no extra arrangements or advancements accessible at FXFlat.

Regulation Review

FXFlat is a brand name of FXFlat Wertpapierhandelsbank GmbH, approved and managed by the Federal Agency for Financial Services Supervision (BaFin), under permit number 109603. 

Records held at FXFlat are covered by the German remuneration organizations of the protections trading organizations (Edw), which guarantees up to a limit of €20,000 per customer. FXFlat likewise holds customer assets in isolated ledgers, which inspectors routinely check

Additional Features

FXFlat offers various trading apparatuses, including online classes, tutorial recordings, PDFs, and a customer bulletin. 

Likewise, dealers appreciate a few free stage additional items, including AgenaTrader, a high-level diagramming framework with computerized trading techniques, and admittance to outer frameworks like NinjaTrader. Other additional items incorporate Forex-Screener, BasketTrader, and StereoTrader, which you can download directly from the representative’s site.

FXFlat also offers Tradimo, an online trading academy with extensive YouTube videos and educational resources for traders. The broker also partners with other companies, including Algo-Camp, Statistic Trading, and Smart Markets. Clients also enjoy virtual hosting via a VPS server if they want to use trading robots 24 hours a day or copy signals continuously

Account Types

Traders can choose between a Standard or Professional account at FXFlat, either a MetaTrader or TWS platform. A MetaTrader account requires a minimum first deposit of €200 and offers access to CFDs, forex and futures. The TWS account requires a €2,000 minimum deposit and provides stocks, options, futures, CFDs, spot forex, and more. The margin call is 100%.

Depending on your trading style and experience level, the selection of platform add-ons allows traders to tailor their accounts. For example, hedging is available in the MetaTrader platforms, while scalping is also permitted in the StereoTrader add-on. You can get in touch with the broker for any advice or recommendations.

Benefits

Main benefits of trading with FXFlat include:

  • MetaTrader 4 & 5, plus Trader WorkStation
  • Additional tools and add-ons
  • Variety of instruments
  • Regulated by BaFin

Drawbacks

  • Drawbacks of picking FXFlat include: 
  • It May be mistaking for amateurs 
  • Not the most cutthroat spreads 
  • Recordings and online classes just in German

Trading Hours

Trading times vary depending on the asset traded. For example, forex CFDs in the MetaTrader platforms are open Sunday to Friday from 11:01 pm to 11:00 pm (GMT). Spot forex contracts are available Monday to Friday 08:00 am to 10:00 pm (CET). All session times can be found in the contract specifications on the broker’s website.

Customer Support

There are several ways you can get in touch with FXFlat, including email, at service@fxflat.com, plus live chat. There are also dedicated German and international hotline numbers for both MetaTrader and TWS platforms listed on the website.

The broker’s headquarters location is: FXFlat Wertpapierhandelsbank GmbH, Kokkolastr, 1, 40882 Ratingen, Germany.

Safety Review

All information exchanged between client computers, and FXFlat servers are encrypted for both the MetaTrader and TWS platforms, so data can’t be accessed by anyone else.

Within the client portal, you can set smartphone SMS verification at the login stage. You can also put extra layers of security when you log in to WebTrader, MetaTrader or TWS, by applying two-factor authentication.

FXFlat Verdict

FXFlat offers a massive scope of resources, including cryptos, offers, and fates on a decision of MetaTrader or TWS stages. The content of trading instruments, for example, Forex Screener and StereoTrader, is especially noteworthy. There’s likewise a proper determination of instructive assets, including a pamphlet, YouTube recordings, and online courses; however, a significant number of these assets are just accessible in German.

Accepted Countries

FXFlat acknowledges brokers from Australia, Thailand, Canada, United States, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar, and most different nations

Alternatives to FXFlat

On the off chance that you are searching for options in contrast to FXFlat, we have ordered a rundown of the best five representatives that are like FXFlat beneath. This rundown of intermediaries like FXFlat is arranged by similitude and incorporates organizations that acknowledge dealers from your area. 

  • Worldwide Prime – Global Prime is a multi-controlled trading intermediary offering 100+ business sectors. 
  • OctaFX – OctaFX offers multi-resource trading on a scope of stages and versatile arrangements. 
  • FXOpen – FXOpen is an exceptionally cool FX, and CFD intermediary is offering numerous trading stages. 
  • RoboForex – RoboForex is a multi-resource online merchant offering outstanding trading associates. 
  • FP Markets – FP Markets is a multi-resource merchant offering a decision of trading stages

FAQ

Who owns FXFlat? 

FXFlat is a market producer business claimed by FXFlat Wertpapierhandelsbank GmbH. The organization likewise possesses CapTrader, an online specialist offering minimal expense stock trading among other tradable resources.

Is FXFlat regulated?

Indeed, FXFlat is authorized and managed by the Federal Agency for Financial Services Supervision (BaFin) in Germany, under permit number 109603.

Does FXFlat offer a demo account?

Indeed, the dealer’s test accounts permit you to work on trading systems inside the MetaTrader or TWS stages without taking a chance with any genuine cash.

How do I download the MetaTrader platform?

Whenever you have enlisted for a live or demo account, you can download MetaTrader 4 or MetaTrader 5 directly from the representative’s site, utilizing your login qualifications.

What leverage is available at FXFlat?

Retail brokers can use up to 1:30, while professional dealers can use up to 1:200

en_USEnglish