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FX Road

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Positive
Neutral
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4.3

4.3/5
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fxroad logo

4.3

4.3/5
Positive
Neutral
Negative

Exploring FXROAD: Your Gateway to the World of Forex Trading

FSA

Regulation

8426168-1

License

Customer Support

fxroad logo

FX Road

4.3

4.3/5
fxroad logo

FX Road

4.3

4.3/5

Overview

In the fast-paced world of financial markets, Forex trading has emerged as a lucrative avenue for investors seeking to capitalise on currency fluctuations. FxRoad, a prominent player in the Forex brokerage arena, offers a comprehensive platform for traders of all levels to participate in the dynamic Forex market. With its user-friendly interface, advanced trading tools, and dedicated customer support, FxRoad aims to empower individuals to navigate the complexities of Forex trading with confidence.

In this comprehensive review, we will figure out the whereabouts of the broker and how it works for the traders in the market.

Broker FXROAD
Website https://www.fxroad.com/
Founded In 2024
Regulation Financial Services of Authority of Seychelles
Maximum Leverage 1:200
Trading Platforms Webtrader, TradingView and Mobile Application(Android and IOS).
Trading Assets CFDs on stocks, Currency Pairs, Cryptocurrencies, Indices, Forex, Commodities ETF,
Demo Account Yes
Islamic Account Yes
Payment Methods VISA, Maestro, Visa, Mastercard, Google Pay, Apple pay
Customer Support 24*5

What is FXROAD?

FXROAD is a regulated platform under the FSA mof Seychelles and owned by 4 SQUARE SY LIMITED. It  is a Forex brokerage firm that provides a platform for individuals to engage in Forex trading. Forex, short for foreign exchange, is the global marketplace for exchanging currencies. It operates 24 hours a day, five days a week, and involves trading currency pairs with the goal of profiting from fluctuations in exchange rates.

FXROAD facilitates Forex trading by offering access to various currency pairs, commodities, indices, and cryptocurrencies. Traders can speculate on the price movements of these assets using FxRoad’s trading platform, which typically includes features such as real-time market data, advanced charting tools, and order execution capabilities.

Additionally, FXROAD may provide educational resources, customer support services, and various account types to cater to the needs of different traders, from beginners to experienced professionals.

Is FX Road reliable?

Determining the reliability of FXROAD firm requires considering several factors:

  • Regulation and reliability: It is regulated and licensed by the Financial Services Authority (FSA) of Seychelles, which upholds the highest international regulatory standards for the best business practices and strict compliance.

Regulation and reliability

  • Data and Security: Reliable brokerages employ robust security measures to protect clients’ personal and financial information. This includes encryption protocols, secure payment processing, and adherence to industry best practices for cybersecurity.

Fxroad Data and Security

To ensure your data security they are using SSL (Secure Sockets Layer), the industry standard safety protocol. With SSL in place, you can trade, deposit, and withdraw with confidence, knowing your data is fully protected.

  • Transparency: Transparency is crucial in building trust with clients. A reliable brokerage provides clear and comprehensive information about its services, fees, trading conditions, and regulatory status. Transparency also extends to order execution practices and potential conflicts of interest.
  • Reputation: Researching the reputation of a brokerage can provide insights into its reliability. Client reviews, industry awards, and longevity in the market can indicate a brokerage’s track record of customer satisfaction and operational integrity.

Fxroad Reputation

For that they have a virtual account for the newbies. This option allows you to practice trading with a balance of $100,000 in virtual funds, giving you ample opportunities to hone your skills and make winning trades before putting your real money on the line.

Customer Support: Reliable brokerages offer responsive and knowledgeable customer support to assist clients with inquiries, technical issues, and account-related matters. Multiple channels of communication, such as live chat, email, and phone support, are typically available. Their customer support is available 24*5 in any language you prefer.

For such other forex brokers, you can check out CapitalixtradeEu and Equiity also.

Get a Callback

A trusted broker will contact you today.

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fxroad logo
4.3
4.3/5

Our recommendation: Trading at FX Road

  • Maximum leverage – 1:200
  • Zero commissions
  • Demo account available
  • Islamic account available
  • Regulated from Financial Services Commission

 

Advantages and disadvantages of FX Road

  • Regulated from Financial Services Commission
  • Maximum leverage 1:200
  • Virtual account
  • Very new to the market
  • Customer support available only 24*5

Accounts Offered By FXROAD

The broker offers four types of accounts: Silver, Gold, and Platinum, Islamic.

Account Types Silver Gold Platinum Islamic
Swap Discount None 25% of silver 50% of silver 0
Spread 2.6 pips 2.0 pips 1.4 pips 4 pips
Leverage Upto 1:200 Upto 1:200 Upto 1:200 Upto 1:200

 

Accounts Offered By FXROAD

Islamic accounts have some different specifications also such as no night rollovers and tight spreads.

How To Open An Account on FXROAD?

STEP 1: Visit the FXROAD website and click on the “Open Account” tab at the top right corner.

STEP 2: Fill in the required details and accept the terms and conditions.

STEP 3: After these two steps, you will receive a confirmation mail. Upload the required documents.

STEP 4: After the confirmation mail, you can start trading.

Open Account on FXROAD

Login at FXROAD

You can log in to your FXROAD account by entering your email ID and Password.

Fxroad login

recommended_ribbon_new.svg
fxroad logo
4.3
4.3/5

Our recommendation: Trading at FX Road

  • Maximum leverage – 1:200
  • Zero commissions
  • Demo account available
  • Islamic account available
  • Regulated from Financial Services Commission

 

Assets offered by FXROAD

  • Currency Pairs: FXROAD provides access to a wide range of currency pairs, including major, minor, and exotic pairs. These pairs represent the exchange rates between different currencies, such as EUR/USD, GBP/JPY, USD/JPY, and AUD/CAD.
  • Commodities: Traders on FXROAD’s platform can trade various commodities, allowing them to speculate on the price movements of assets such as gold, silver, crude oil, natural gas, and agricultural products like wheat and corn.
  • Indices: FXROAD offers trading opportunities in major stock market indices from around the world. These indices represent the performance of a basket of stocks from a specific exchange or sector, such as the S&P 500, NASDAQ, Dow Jones Industrial Average, FTSE 100, DAX, and Nikkei 225.
  • Cryptocurrencies: FXROAD allows traders to participate in the cryptocurrency market by offering trading pairs involving popular cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), and others. Traders can speculate on the price movements of these digital assets against fiat currencies like USD or other cryptocurrencies.

Deposits and Withdrawals

The broker provides several options for deposits and withdrawals, such as

  • Google Pay
  • ApplePay
  • Visa Debit
  • Visa
  • Maestro
  • Mastercard

Deposits and Withdrawals fxroad

Depositing your funds in the account:

  • Log in to your account.
  • Go to the ‘Deposit’ section in your account dashboard.
  • Select your preferred payment method from the available options.
  • Enter the deposit amount and follow the on-screen instructions to complete the transaction.

Withdrawing your funds from the account:

  • Log in to your account.
  • Go to the ‘Withdraw’ section in your account dashboard.
  • Enter the withdrawal amount and choose your preferred withdrawal method.
  • Follow the on-screen instructions to initiate the withdrawal process.

Withdrawal requests will be processed Monday through Friday between 8am to 13:00 GMT. Any request received before GMT 10.00 will be processed within the same day and requests received after GMT 10.00 will be processed the next working day. Once the request has been approved by the Company, the Client shall allow an additional period of 5 to 7 days before his/her funds will be shown in the Client’s account due to delays caused by the Banks and other Payment Providers.

Trading Platforms Offered By FXROAD:

FXROAD provides access to cutting-edge trading platforms equipped with powerful features and intuitive interfaces, empowering traders to execute trades with ease and efficiency. Whether you prefer the flexibility of MetaTrader 4 (MT4) or the advanced capabilities of MetaTrader 5 (MT5), FxRoad has you covered. With these industry-leading platforms, traders can access real-time market data, advanced charting tools, customizable indicators, and seamless trade execution, enhancing their trading experience. You can choose any of the trading platforms from WEBTRADER and TradingView:

Trading platfrom fxroad

Company Details

Assets

  • Stocks
  • Forex
  • Cryptocurrencies
  • Commodities

Basic

  • Country: Seychelles
  • Licensed : 8426168-1
  • Regulations: Financial Services Authority of Seychelles (FSA)

Customer Service

Phone number: 05:00 – 18:00 GMT / Monday – Friday

07:00 – 16:00 GMT / Saturday – Sunday

For Brazil, 5561947565589 and for India, 911171279109
Email: [email protected]

recommended_ribbon_new.svg
fxroad logo
4.3
4.3/5

Our recommendation: Trading at FX Road

  • Maximum leverage – 1:200
  • Zero commissions
  • Demo account available
  • Islamic account available
  • Regulated from Financial Services Commission

 

Mobile app Fxroad

For traders on the go, FXROAD offers a mobile application that enables access to the Forex market anytime, anywhere. Available for both iOS and Android devices, the FXROAD mobile app provides a streamlined trading experience, allowing traders to monitor markets, execute trades, and manage their accounts with ease from the palm of their hand. With its user-friendly interface and comprehensive features, the FXROAD mobile app is the perfect companion for traders seeking flexibility and convenience. It provides both Ios and android app versions for easier accessibility.

 

Customer Support:

At FXROAD, customer satisfaction is paramount, and the dedicated support team is committed to providing timely assistance and resolving any queries or issues that traders may encounter. Whether you have questions about account setup, trading platforms, or technical analysis, the FxRoad customer support team is available 24/5 via email, live chat, and phone support. With their expertise and professionalism, the FxRoad support team strives to ensure that every trader receives the assistance they need to succeed in the Forex market.

Conclusion:

In conclusion, FXROAD stands out as a reliable and reputable Forex brokerage, offering traders a comprehensive suite of tools, resources, and support to thrive in the dynamic world of currency trading. With its user-friendly platforms, competitive pricing, and commitment to customer satisfaction, FXROAD  provides traders of all levels with the opportunity to capitalize on market opportunities and achieve their financial goals. Whether you’re a novice trader looking to learn the ropes or an experienced professional seeking advanced trading solutions, FXROAD is your gateway to success in the Forex market.

Disclaimer

At FxReviews, our primary objective is to furnish you with impartial and objective assessments, commentary, and in-depth analysis. Our unwavering commitment to precision is maintained through meticulous data validation coupled with insights from industry authorities. It is essential to acknowledge that, albeit infrequent, minor fluctuations may occur. Please be assured that our dedication to delivering unbiased appraisals, exhaustive scrutiny, and well-informed viewpoints remains unwavering. 

We feel compelled to counsel you on the matter of investing in financial instruments, commodities, and other assets, which carry a significant degree of risk. There exists the potential for a complete depletion of your deposited funds. We recommend engaging in such undertakings exclusively if you possess an exhaustive comprehension of the associated hazards. It should be noted that FxReviews refrains from dispensing investment advice or any semblance of financial guidance.

Your financial security is of paramount significance to us, and we strongly advocate the exercise of due diligence and the pursuit of professional guidance when arriving at investment determinations.

Daniel Martin
Daniel Martin is a highly accomplished forex trader from the United States. He has over 15 years of experience, and has gained a reputation for his exceptional insights and consistent profitability in the foreign exchange market. Born and brought up in New York, Daniel holds a degree in Economics and has a deep understanding of market dynamics. He is known for his disciplined approach, ability to interpret market patterns, and expertise in various trading strategies. Daniel actively shares his knowledge through articles, webinars, and seminars, and is committed to promoting ethical trading practices. With his passion and extensive experience, he continues to guide individuals towards financial success in the dynamic world of forex trading.

FAQs

Yes, FxRoad is regulated by [Financial Services of Authority of Seychelles], ensuring compliance with industry standards and providing traders with peace of mind.

FXROAD offers a wide range of trading instruments, including currency pairs, commodities, indices, and cryptocurrencies, allowing traders to diversify their portfolios and capitalize on market opportunities.

Opening an account with FXROAD is quick and easy. Simply visit the official website, complete the online registration form, submit the required documentation for verification, and fund your account to start trading.

While FXROAD provides basic trading guides and tutorials, the platform may benefit from expanding its educational resources to cater to the needs of novice traders seeking comprehensive learning materials.

FXROAD operates 24 hours a day, five days a week, allowing traders to access the Forex market during active trading sessions across different time zones.

The maximum leverage offered by FXRoad is 1:200.

FXRoad offers a minimum spread of 0.6 pips.

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