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Fxnet.com ⭐ Fully Tested
FxNet (fxnet.com) is a Cyprus-based forex and CFD broker founded in 2012. While it maintains a regulatory license, it is currently viewed as a by multiple industry watchdogs due to past regulatory issues and a high volume of negative user reports regarding fund withdrawals. Quick Verdict: Is FxNet Safe?
Access to over 160 instruments, including 41 forex pairs, stock CFDs, commodities, and indices.
Lacks live chat and responsive phone support; relies mainly on email. fxnet.com
Limited to 1:30 for retail clients (per ESMA/CySEC rules), while professional clients can access up to 1:500. Minimum Deposit: High barrier to entry at $500 USD . Pros and Cons Pros: Regulated by CySEC (tier-2 regulator). No withdrawal fees reported by some sources. Supports all trading styles (scalping, EAs, hedging). Cons:
Offers the industry-standard MetaTrader 4 (MT4). FxNet (fxnet
Some users claim the broker provided "bad suggestions" once trust was gained or removed bonuses without notice.
High. Use caution; multiple users report losing significant capital or being unable to access deposited funds. Broker Overview Access to over 160 instruments, including 41 forex
Use of an offshore entity in Belize (BELFX LIMITED) to serve international clients, which offers significantly lower protection than CySEC.