Operating since year:
46 Ayiou Athanasiou Ave. Third Floor, Office 301a, 4102 Ayios Athanasios, Limassol, 4102, Cyprus
+44 20 8068 0760
Trading platform Time zone:
Other trading instruments:
Minimum deposit ($):
EuropeFX Review: GENERAL INFORMATION
Founded in 2013, EuropeFX managed to gain both beginners’ trust and confidence and advanced Forex and CFD traders across the globe. A truly genuinely brokerage company, EuropeFX applies the STP (Straight Through Processing) business model that actively makes sure there is no conflict of interest with clients’ trades. It has also managed to create a customer-oriented trading environment with powerful features designed to provide trading success with lowered risk.
Clients are trading on CFDs, Forex, and cryptocurrencies. The most straightforward way for a client to lose hard-earned money before getting started in the online trading world is doing business with an unregulated broker. Traders who deal with EuropeFX have no such worries and can partner with this broker with being wholly secured. EuropeFX is a part of Maxiflex Global Investments Corp Limited, a CIF (Cyprus Investment Firm), the company is licensed and regulated by CySEC (The Cyprus Securities and Exchange Commission). The company is a member of the Investor Compensation Fund (ICF).
EuropeFX also complies with the Markets in Financial Instruments Directive (MiFID II). Their main goals are to have full financial transparency and offer more excellent client protection in the investment business. In addition to CySEC, EuropeFX has also completed regulation from multiple supervisory bodies, including Austria’s FMA, Denmark’s FSA, Finland’s FSA, France’s REGAFI, Italy’s CONSOB, Spain’s CNMV, Germany’s BaFin, Sweden’s FSA, and Netherlands’ AFM.
FUNDS, TRADING, AND SECURITY
The research we did on EuropeFX review shows that EuropeFX is a highly secured broker secured by 128-bit encryption, and all its financial transactions carried out via payment-regulated processors on PCI-compliant servers. EuropeFX is authorized and regulated by CySEC.
Founded in 2013, EuropeFX is a relatively new broker, but it has managed to obtain the trust and confidence of both beginner and advanced Forex and CFD traders worldwide. Such heavy regulation conspicuously marks EuropeFX as one of the most trustworthy financial brokerage firms.
Having a regulation means that client funds are held in segregated bank accounts, completely separated from the company’s operating capital accounts. It also means that EuropeFX has agreed to random platform checks by regulators to ensure they are following fair pricing guidelines and offer honest and transparent price quotes. If there is any conflict between a client and EuropeFX, a trader will be guaranteed even and equal treatment by an independent supervisory body that has given the mandate to protect investors’ interests.
With such strict regulation, any online EuropeFX scam review should be ignored. This innovative broker has proven itself to be trustworthy and offers a secure and proven trading environment. Take this opportunity to visit the companies website to experience a leading broker.
Let’s dig into this EuropeFX review and into each of these notable features.
EuropeFX offers five types of trading accounts: Bronze, Silver, Gold, Platinum, and Premium:
• Bronze Account
The Bronze account of EuropeFX is the beginner account of the company. The minimum deposit amount for this package is €1000. With this type of account, a client will get a dedicated relationship manager on a trial period, as well as Trading Central Daily Newsletter. In addition to this, a trader will receive premium signals from the Trading Center, also on a trial period.
On top of that, a client will have one private one-on-one session with EuropeFX’s Trading Academy.
The Bronze account does not include private trading sessions, access to the Event Room, SMS Trading Notification, or VIP services. The trader does not have access to copy trading tools such as Mirror Trader or RoboX, either. Trading commissions applied standard with the Bronze account.
• Silver Account
Broker’s Silver account offers some additional assets compared to the broker’s Bronze account. The lowest deposit amount for this account is €2500. The client with this type of account will get a relationship manager and receive the Trading Central Newsletter daily. Apart from this, a trader will receive premium signals from the Trading Center, on a trial period. Nonetheless, a client will get three private one-on-one sessions per month at EuropeFX’s Trading Academy.
This account, however, does not offer private trading sessions, access to the Event Room, SMS Trading Notification, or VIP services. A client does have access to the copy trading tool, Mirror Trader. Trading commissions are standard with the Silver account.
• Gold Account
EuropeFx’s Gold account offers some additional assets compared to the company’s Silver account. The minimum deposit for this type of account is €10,000. With the Gold account type, a trader will get a relationship manager, and receive the Trading Central Newsletter daily. Additionally, the trader will receive premium signals from the Trading Center.
Moreover, the client will get four private one-on-one sessions at EuropeFX’s Trading Academy, additional two private trading sessions per month, access to the Event Room (one event per month), and SMS Trading Notifications.
Furthermore, you will have access to the copy trading tools Mirror Trader and RoboX. Trading commissions have up to a 10% discount with the Gold account. VIP services not included.
• Platinum Account
The broker’s Platinum acc offers some extra features in comparison to the Gold account. The minimum deposit for this type of account is €25,000. With this account, the client will get a relationship manager and receive the Trading Central Newsletter daily. In addition to this, the trader will receive premium signals from the Trading Center.
Additionally, the client will get eight private one-on-one sessions at EuropeFX’s Trading Academy, as well as four private trading sessions per month, access to the Event Room (two events per month), and SMS Trading Notifications.
Furthermore, the trader will have access to the copy trading tools Mirror Trader and RoboX. Trading commissions have up to a 25% discount with the Platinum account. VIP services not included.
• Premium Account
Broker’s Premium account type adds some extra assets compared to their Platinum account. The lowest deposit for this account type is €50,000. With the Premium account, the client will get a relationship manager, and receive the Trading Central Newsletter daily. Additionally, the trader will receive premium signals from the Trading Center.
Nonetheless, the account owner will get sixteen individual one-on-one lessons at EuropeFX’s Trading Academy, as well as eight private trading sessions per month, access to the Event Room (two events per month), and SMS Trading Notifications. Furthermore, the client will have access to the copy trading tools Mirror Trader and RoboX. Trading commissions have up to a 25% discount with the Platinum account. VIP services offered on a trial period.
• VIP Account
EuropeFX also provides VIP accounts for more advanced traders who are looking for more ambitious pricing. Traders who have a VIP account can receive leverage up to 1:300, as well as significant discounts on trading commissions (up to 75%). Moreover, clients receive premium educational materials and exclusive trading tools. Experienced traders also have priority when booking education lessons with trainers.
Three different account types included in the VIP program – with each account, you unlock various particular features.
• Diamond Account
To access the Diamond account, a client needs to deposit between $200,000 and $500,000, while choosing the Elite account, a client will need to store between $500,000 and $1,000,000. Lastly, to access the Prestige account of EuropeFX, you need to deposit over $1,000,000.
TRADING CONDITIONS AND PRODUCTS
EuropeFX is best known for highly valuing client fund security and prioritizes this by strictly following their regulators’ guidelines. EuropeFX being regulated by CySEC (Cyprus Securities and Exchange Commission) and AISC (Australian Securities and Investments Commission). CySEC authorizes broker firms to offer different kinds of services, such as investment advice, portfolio management, to execute offers on behalf of clients. Both CySEC and AISC constrain the companies authorized by them to provide protection against negative balance, electronic verification, and to keep traders’ funds in segregated accounts.
Due to the regulations appointed by their regulators, EuropeFX remains clients’ funds in a segregated account from the broker’s funds.
EuropeFX also acquiesces with MiFID II (Markets in Financial Instruments Directive), whose purpose is to ensure brokers offer financial transparency and more excellent client fund protection. In addition to this, EuropeFX regulated by ICF (Investor Compensation Fund). ICF’s objective is to protect clients and offer compensation investments in the brokerage firm they are using goes bankrupt. Investors’ funds protected up to €20,000.
The company offers STP (Straight-Through Processing) execution. STP provides the entire execution process to be free from human intervention. In STP execution, the broker’s fee levied into the spread, but mostly the final cost of the opened trade is the same as with ECN execution.
EuropeFX has exceptional trading conditions. Their spreads are tight, and the discounts on commissions are significant. Due to the new ESMA regulation, basic accounts have leverage up to 1:30, while advanced accounts have up to 1:200 leverage.
The base currencies available for trading at EUR, USD, and GBP. There are multiple ways to deposit funds, such as visa/credit card, bank wire, and numerous e-wallets like Skrill, SafeCharge, Sofort, Emerchantpay, Ideal, GIROPAY, etc. There are no deposit fees.
For withdrawals, all the same, methods apply; however, there is a 25 USD/EUR/GBP withdrawal fee.
EuropeFX offers a large range of financial instruments across six asset classes:
- Forex: Major, minor, and exotic currency pairs.
- CFDS: Contract for Different.
- Shares: stocks of popular public companies like Facebook, Google, Apple, etc.
- Commodities: Hard and soft commodities like gold, copper, natural gas, crude old and corn, cotton, wheat, etc.
- Cannabis Stocks: Stocks of companies who produce cannabinoid-based medicines, like GW Pharmaceuticals, AbbieVie Inc., and Scotts Miracle-Gro.
- Cryptocurrencies: Popular cryptos like Bitcoin, Ethereum, Litecoin, Ripple XRP, and Dash.
EuropeFX uses a well-known and proven MetaTrader 4 trading platform. The MT4 platform is available as downloadable software for most operating systems, on the browser and Android and iOS mobile devices.
MT4 is excellent for beginner users as the platform offers a simple-to-use experience. The interface design is clean and user-friendly, and the software is highly compatible and does not overwhelm the PC when in use. The platform allows three types of trade execution modes to choose from:
- Instant execution
- Execution on request
- Execution by market
It was important to mention the exceptional customer support that is offered by EuropeFX. The customer support team is available on a 24/5 basis, and the level of customer support is high profile. The team is multilingual, helpful, easy to communicate with, and very attentive. Connection to the team is very quick, and only relevant feedback is received.
At the end of this EuropeFX review, we can say that it is a multi-regulated broker. It provides compelling trading offers that can fit experienced traders.
Unquestionably, EuropeFX has made clear all the tasks set up for a trader, with the help of exceptional customer support, reliable payment methods, extensive and useful trading tools, and inclusive education center, and the STP execution.
Thank you for taking your time and reading our EuropeFX review.
However, in case you need more information on the broker, feel free to do further research. We hope this EuropeFX review was helpful, and we wish you suitable luck trading!
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