Headquarters: Duesseldorf, Luxembourg
Country: Germany
Regulated by: BaFin, CSSF
Websites: www.fxflat.com , www.fxflat.de
www.captrader.de , www.captrader.com
FXFlat is a part of the german asset management company Heyder Krüger and Colleagues which was founded 1997. The company is authorised and regulated by the german Financial Service Authority BaFin (BAKNR 109603).
Beyond the segregation of accounts, the customers are compensated for claims through FSCS with up to 30,000 GBP plus 90 % of the next 20,000 GBP for a “protected claim”. The maximum compensation therefore equals 48,000 GBP per customer.
5
4.1
Account Info:
minimum deposit: $500
minimum lot size: 1k
max leverage: 400:1
Spread:
Variable, from 1 pip
FxFlat Deposit/Withdraw methods
Bank Wire, Credit card
Deposits with credit card are free for up to 6,000 Euro per transaction and up to 12,000 Euro per Month
FxFlat Trading Platforms:
Custom trading platform, Web platform, Chartstudio, Autochartist, Strategy Runner
Webinars and Videos
FXFlat offers a wide range of trader trainings. You can follow FxFlat webinars comfortable from your PC or check FXFlat video database.
Variable spreads
Typical spreads: EUR/USD -1 | GBP/USD –2 | USD/CHF -2 | USD/JPY –1
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Pros |
Cons |
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No Commissions |
Spreads widen up during volitile market |
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Pros |
Cons |
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No slippage during normal market conditions |
Slippage during news releases |
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Pros |
Cons |
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No requotes during normal market conditions
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Requotes during news releases
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Pros |
Cons |
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No stop hunting No price manipulaton |
Some spikes
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Pros |
Cons |
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FlatTrader WebTrader Very intuitive and easy to handle Decent charts |
N/A |
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Deposit |
Withdraw |
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Wire Тransfer Credit Card |
Wire Тransfer Credit Card |
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Pros |
Cons |
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Customer service reps are polite and ready to help Phone |
No Live Chat
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Pros |
Cons |
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FXFlat offers you the exact trading conditions as thair U.S. partner GFT. The only difference is that FXFlat customers benefit from an additional support.
I opened an account with FXFlat and losed over $300 in first day of trading. Fortunately it is Forex Airbag account and they refund it :)
With FxFlat I enjoy wide range of trading software and tools for free.
Autochartist is my favorite piece of software. It auto-identificates chart patterns and Fibonacci patterns like triangles, wedges, double tops and double bottoms and notifies me without personal attitude.
Sreads are pretty tight most of the time, EURUSD typical spread is below 2 pips.
Order execution is fast, no massive slippage.
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