button below (only visible when logged in).DfxTrade
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4.3 (3) |
Forex Broker
| Broker | DfxTrade |
| Website Link |
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| Forex Broker Forum | Official Forum Thread - DfxTrade |
Forex Broker Information
| Year Established | 2007 |
| Country | Cyprus |
| Regulation | CySEC - Cyprus Securities and Exchange Commission |
| Introducing Broker (IB) | Yes |
| Accepts U.S. Clients | No |
| Live Chat | Yes |
| Languages | English |
Account Administration
| Free Demo Accounts | Yes |
| Minimum Initial Deposit - Mini | US $200 |
| Minimum Initial Deposit - Standard | US $2,500 |
| Multi-Currency Accounts | USD - US Dollar • EUR - European Euro • JPY - Japanese Yen |
| Segregated Accounts | Yes |
| Account Funding Methods | Wire • Credit Card • PayPal |
Forex Trading Terms
| Trading Platform(s) | DfxTrade Platform |
| Dealing Desk | Market Maker (MM) |
| Type of Spread | Variable |
| Commission / Fee | No |
| Maximum Leverage | 100:1 (1%) |
| Smallest Lot Size | 10,000 |
| Scalping | Yes |
| Mobile Trading | Yes |
| Web Trading | Yes |
| Phone Trading | Yes |
User reviews
Average user rating from: 3 user(s)
Dealing desk, no mini
| Rating: | 3.0 |
Reviewed by finetraderApril 09, 2010
Top 10 Reviewer
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They appear to be a dealing desk and not straight through processing. I miss metatrader 4
Great find
| Rating: | 5.0 |
Reviewed by maclean07February 20, 2010
Top 50 Reviewer
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This is a great broker, from the few that I have used this is the best, OK the charting isn't as flexible as MT4, but I don't trade that anyway and if you want charting just run a demo account Metatrader. The money transactions are great - simple and quick. I recommend this to anyone looking for a straight forward reliable broker. - John
Solid broker so far!
| Rating: | 5.0 |
Reviewed by odee911February 19, 2010
Top 50 Reviewer
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I'm pretty new to forex, my friend referred me to DfxTrade. I tried out their demo and it was fast and user friendly, I got the hang of all the basic functions in a short period of time.
I decided to start a live account with them last month. The sign up was easy and quick and the support was very helpful when I had a few questions in mind. The real platform is no different than the demo, the execution was quick most of the time with the occasional price reqoute during hectic times.
If you are looking to try DfxTrade I would recommend you choose one of the account types with the cash rebate...It really does add up, whether my trades are winners or losers Ive gotten close to 300$ back this month from their spread rebate and I'm onnneeeeeee happy girl!!
I will probably update this review in the next few months!
Stace
