General Information & Regulation
| Aspect | Information |
| Registered Country/Area | Seychelles |
| Founded Year | 2023 |
| Company Name | FX Road |
| Regulation | FSA |
| Demo Account | Available |
| Minimum Deposit | 250 EUR |
| Maximum Leverage | 1:200 |
| Spreads | Variable spreads starting from 1.4 pips |
| Trading Platforms | Mobile app and webtrader |
| Customer Support | Live Chats, Calls, Emails |
FX Road is an efficient and trustworthy trading platform that traders need. The platform offers advanced trading tools and features. FxRoad provides a transparent and dedicated trading platform. It is regulated by the Financial Services Authority with a license number SD052. These regulatory bodies ensure that FxRoad offers security and maintains the client fund.
FX Road Forex trading broker allows traders to trade in multiple assets and accounts providing a seamless experience. This FXRoad review 2024, will discuss the features like accounts, assets, customer support, and more. It will identify whether the FXRoad scam is real or not.
Market Instruments Available on FX Road
FX Road trading platform provides access to a range of trading products. These assets help investors build a better portfolio. The major assets available are:
Commodities
The platform offers CFD trading in commodities like metals, agriculture, and energy. Traders can invest in gold, oil, and silver. FX Road provides opportunities for traders to hedge risk.
Forex
The FX Road forex broker is a dedicated forex trading platform. It allows access to major, minor, and exotic currency pairs from the global market. It provides tight spreads and high-leverage options.
Indices
FX Road provides access to global indices from the financial markets. It provides exposure to the market movements. Traders can understand the market with ease.
Cryptocurrencies
The platform offers CFD trading in global digital currencies. The platform allows traders to visit and understand digital assets. Also, the crypto market provides better exposure.
Account Types Available on FX Road
FX Road forex broker provides multiple accounts on the platform. These accounts are created to cater to the needs of traders globally. Some of these accounts are:
Silver
The Silver accounts are created for traders with basic trading knowledge. The accounts provide a high leverage of up to 1:200. The trader also gets a tight spread starting from 2.6 pips.
Gold
The gold accounts give traders lower spreads of 2.0 pips and an advanced trading pace. The accounts are created for traders with better trading knowledge.
Platinum
The platinum trading accounts are made for high-level trading experience. The FX Road trading platform gives them a tighter spread of 1.4 pips. Also, these accounts have no deposit fees.
Islamic
FX Road is one of the few platforms that allow trading with Shariah law. These accounts offer free swaps, a steady trading pace, and better spreads. These accounts are perfect for Mulsim Traders.
Additionally, the FX Road demo account is created for beginners. Traders with less capital and knowledge can practice trading skills. These accounts come with virtual funds that you can trade.
Leverage
FX Road trading broker provides flexible leverage options to the traders.
- The leverage at the platform is up to 1:200.
- The leverage differs for accounts and trading assets.
- The leverage options allow investors to control large positions with small capital.
However, leverage is a risky feature. It does amplify the profits but it also increases the chance of amplified losses.
Spreads & Commissions
At the FX Road trading platform, traders can easily invest without additional charges. The platform offers spread-based trading that improves the trading experience. Traders can earn from the difference between the buy and sell price of fx currency pairs. FX Road broker provides competitive and tight spreads that make it an attractive choice for traders.
The platform also provides commission-free trading making it easier to invest. However, on some accounts, especially for higher-tier trading, there may be minimal commissions, especially for assets that have ultra-low spreads.
Trading Platform on FX Road
FX Road forex broker allows trading in WebTrader. WebTrader is a web-based trading platform. It is created to enhance the browser-trading. It provides essential charting tools and execution capabilities. Some major features are:
Advanced Charting Tools
The platform provides advanced charting tools with TradingView. It includes technical indicators, drawing tools, and customization options. Traders can identify the market movement for better decisions.
Real-Time Market Data
While trading, a real-time market analysis helps traders with market news. This includes an economic calendar, news events, and live quotes. With this feature, traders can easily stay updated about the market.
Risk Management Tools
The platform offers multiple tools for traders. One of these is to reduce risks like stop-loss and taking profit orders. It helps the traders balance the risk and protect their investments.
