FXFlat FXFlat Review

LIVE ACCOUNT DEMO ACCOUNT
3.0 5 RATING
3 REVIEWS

Headquarters:  Duesseldorf, Luxembourg

Country: Germany

Regulated by: BaFin, CSSF

Websites: www.fxflat.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.

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.

 

Broker Country Regulation Platform Min Deposit Review
Cyprus CySec MT4, MT5, Web $5 Review Website
US, UK, Australia CFTC/NFA, FCA, ASIC MT4, Web,
Mirror Trader,
Trading
Station,
NinjaTrader
$50 Review Website
UK, Australia, Singapore FCA MT4, Web,
ProRealTime,
2Dealer
$1 Review Website
UK, Cyprus FCA, CySec MT4 $5 Review Website
UK, Cyprus FCA, CySEC MT4, MT5, Web,
cTrader,
SuperTrader,
FxPro Markets
$100 Review Website
Seychelles FinaCom MT4 $10 Review Website
UK, Bulgaria FCA, FSC Web $150 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus CySEC MT4, MT5 $300 Review Website
New Zealand FMA MT4 $1000 Review Website

Spread

Variable spreads
Typical spreads:   EUR/USD -1 | GBP/USD –2 | USD/CHF -2 | USD/JPY –1

Pros

Cons

No Commissions 

Spreads widen up during volitile market

Slippage

Pros

Cons

No slippage during normal market conditions

Slippage during news releases 

 


 

Requotes

 

Pros

Cons

No requotes during normal market conditions

 

Requotes during news releases

 

 

Price feed

 

Pros

Cons

No stop hunting

No price manipulaton 

Some spikes 

 

 

Platform

Pros

Cons

FlatTrader

WebTrader

Very intuitive and easy to handle

Decent charts

N/A




 

Deposit/Withdraw

 

Deposit

Withdraw

Wire Тransfer

Credit Card

Wire Тransfer

Credit Card 

 

Customer service

 

Pros

Cons

Customer service reps are polite and ready to help

Phone

E-mail  

No Live Chat 

 

 

 

Summary

Pros

Cons

 

 

Traders` reviews for FXFlat Add review

FX Flat is a reliable broker

I give a positive review to FX Flat because they have a tight spread, there’s almost no requoting and slippage, smooth execution. Payments are done quickly, never had a problem with deposits or withdrawals.

Martin 06/25/2012

FxFlat refunded me $300

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 :)

GFan 08/03/2011

FxFlat Autochartist is my favorite forex software

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.

Fx Max 07/07/2011