FXFlat reviews

FXFlat_logo FXFlat 6/10 (votes 2374)

On-line since: 1997
Country of origin: Germany
Regulation: BaFin
Payment options: credit cards, bank transfers, PayPal
Minimum account size: 200 EUR
Minimum lot size: 0.01 lots
Leverage: -
Spreads: variable

FXFlat was established in 1997 in Düsseldorf by a team of German financial experts. A year later, the broker was licenced by the Federal Financial Supervisory Authority (BaFin). Since that time, the company has become an independent financial services provider. FXFlat is a member of the Contracts for Difference Verband eV. This is an association that strives to further develop the CFD market in Germany to serve the interests of investors.

FXFlat keeps the funds of its clients in segregated trust accounts of German depository credit organizations. The broker offers access to the global exchanges and over-the-counter trading by means of various trading platforms, such as MetaTrader 4, MetaTrader 5, and AgenaTrader.

Trading conditions

FXFlat clients can trade futures, CFDs, and currency pairs using the latest technologies. FXFlat provides reliable and powerful trading software that enables private investors to trade at a professional level.

To start trading with FXFlat, a trader should open an account. There are three types of trading accounts: standard, corporate, and demo. The demo account is available only for a month. An affordable minimum deposit, a wide selection of instruments, and access to popular trading platforms attract both novice and experienced traders. In addition, the broker offers narrow spreads on major currency pairs.

The company`s official website contains the Training section that includes various training programs, webinars, as well as an economic calendar that provides latest news on the global financial situation.

Trading platforms

FXFlat clients can trade by means of popular trading platforms, such as MetaTrader4, MetaTrader5, and AgendaTrader. In addition, this list includes WebTrader and MobileTrader mobile applications and StereoTrader and MetaTrader Plus services.

Customer support

FXFlat provides 24/5 customer support. In order to receive assistance, clients can reach the broker via the contact form, the callback service, or the toll-free hotline number.

Withdrawal and deposit of funds

Traders can deposit funds to their FXFlat trading account through a bank transfer and PayPal. In order to withdraw money, a trader should fill out a form on the website. Transactions are made only to a deposit reference account or to an original account. The broker`s official website does not have detailed information on how to receive funds, transaction execution period, etc.

Traders’ reviews

There are not many reviews about the broker’s activity on the Internet. Among negative comments of traders there are a few relatively serious complaints: a deposit drain, a trading account freeze, and malfunctioning platforms. At the same time, successful clients comment on a wide selection of trading platforms and favorable trading conditions.

Advantages and disadvantage

Advantages:

  • regulated broker
  • easy account registration
  • wide selection of trading platforms
  • narrow spreads on major currency pairs
  • demo account

Disadvantages:

  • limited deposit and withdrawal methods
  • poor traders’ reviews
  • no bonus programs and contests

Conclusion

FXFlat offers its clients favorable and flexible trading conditions, a vast number of instruments, and innovative trading platforms. The broker’s advantages are outweighed by a significant disadvantage, namely, the limited number of methods to withdraw profit. On the Internet, there are negative comments about FXFlat, including quite serious complaints, such as an account freeze and withdrawal problems. Carefully read the trading rules and terms of cooperation before entrusting your funds to the company.

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Comments about broker

Panpat trader
review FXFlat
07-12-21

I almost opened an account at FXFlat because of its lucrative trading offers. Good thing I did some research and found several feedback from other investors and they were all complaining about how the company does not release their money.

Cicki trader
review FXFlat
21-10-21

They got good platform and fast execution and good customer services. I think it is one of the best brokers I trade only EUR/USD with 1 pip spread and varies from 2 and more for other currency. I start trading and deposited $250 and got 25% ongoing bonus and that ready to withdrawal just in 3 trading day. They also provides free VPS hosting exclusively for trading. Their platform is very stable and easy to operate, it make me run my trading activity without any problem in laptop or mobile applications. And I am not having a difficulty with the accuracy and speed when I execute orders.

Reuben Yonatan trader
review FXFlat
19-05-21

I have a DE live account with the FXFlat broker, where I am using the AgenaTrader platform so far. Till now I've seen a solid execution performance and advance chart on the platform, which gives me a positive trading environment without any indicator. Also, the price quotes are live, so my orders executed where I want. While they have an MT4 platform, but I think their AgenaTrader platform is best. Now I have earned $360 profit with them and withdrawal almost $200 via Skrill. So I am satisfied with the FXFlat broker in the market.

Alexia trader
review FXFlat
22-03-21

The trading fee at FX Flat is too high. Honestly, it is not worth it to invest on this broker because of that. The fees are unreasonable and you will only end up throwing away your funds on the fees. Also, their platform is not even that good. It malfunctions during high volatility so the risk is heightened.

Newlha trader
review FXFlat
28-01-21

As a professional trader I can say that I tried out with lots of brokers and never found one like FxFllat. I am very amazed by their good act. I do not have any troubles with trading, even on high volatile market. At the beginning deposited $50000. After trading 2 months I made a profit of about $54000 and withdrew $35000 successfully just in two hours through PayPall. I can use an EA for scalping trade on the MT4 platform with their fixed spread, beside thy has high leverage, so I didn't get any issue so far. In general, I recommend a broker to those who really want to earn big money.

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