FXFlat is a German Online forex and CFD broker that utilizes modern technology to provide online trading services to their clients. They offer multiple assets, including forex, metals, indices, cryptocurrency, and futures, for trading online via cutting-edge platforms. It is regulated by the German BaFIN and offers competitive trading conditions, including trader education, signals, and various trading tools to support their clients.
The broker was founded in 1997 with its headquarters in Ratingen, Germany. They have grown in size, customer base, and product offering, and it has also bagged several industry awards including the best CFD broker of the year 2017 and many more.
FXFlat Review Introduction
In this FXFlat review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including FXFlat.
FXFlat Platforms & Tools
FXFlat provides clients with a variety of advanced trading platforms, and they include:
This is a professional trading platform offered by agenatrader.com. The platform supports multiple brokers and multiple trading instruments, and it is loaded with numerous tools. It can be downloaded and installed on a Windows desktop computer. Its different versions include Mercury (free), Neptune ($59), Andromeda ($99), and Galaxy ($149).
This is one of the widely used trading platforms among forex traders all over the world. FXFlat provides MT4 as WebTrader, Windows and Mac OS desktop applications, and mobile apps for Android and iOS devices.
This Platform has most of the same features as the MT4 with some added functionality. It is robust, powerful, fast, and incorporates the necessary tools for analytics. It is available as a WebTrader, desktop applications for Windows and Mac computers, and mobile apps for Android and iOS devices.
The broker provides clients with useful trading tools, such as StereoTrader, Economic Calendar, MetaTrader Plus, Morning Call, and more.
FXFlat Research & Education
FXFlat provides clients with a good selection of educational materials to enhance their trading skills and knowledge. These include training videos, recorded webinars, and training. The broker has partnered with several training firms, including Tradimo, Algo-Camp, and Statistical trading, to bring comprehensive and professional trader education to their clients.
FXFlat Trading Accounts
The broker offers a Standard Individual or Corporate Account. It has a minimum opening deposit of €200. The maximum leverage is 1:200 on spot forex and 1:300 on forex CFDs. The margin call is at 50%, and the benchmark EURUSD spread starts from 0.8 pips. There is also a professional account that is designed for clients who qualify as professionals. It has a required minimum deposit of €200 and a leverage of up to 1:200.
Demo accounts are available on the MT4, MT5, and AgenaTrader Platforms. They are preloaded with virtual funds for practice purposes.
FXFlat Account Funding
The following payment methods are available to FXFlat customers: bank transfers, credit/debit cards, and online payment processors, such as PayPal, Skrill, iDEAL, and SOFORT. The transaction limits, fees, and processing time may vary with the payment used.
FXFlat Customer Service
The award-winning client support service is always available 24/5 when the markets are open. They can be reached via email, telephone, instant web chat, or by filling the ‘contact’ form on the broker’s website.
FXFlat Wertpapierhandelsbank GmbH is regulated and supervised by the Federal Agency for Financial Services Supervision (BaFIN), and they comply with the MiFID II rules.
FXFlat Review Summary
FXFlat is a renowned German broker that offers multiple assets for trading over the internet. They provide a good choice of trading platforms, such as the popular MT4 and MT5 trading platforms, as well as the sophisticated AgenaTrader.
It is worth mentioning that some of the trading products and services in this FXFlat review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the FXFlat broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.