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FXTRADING.com In-Depth Review | Is FXTRADING Reliable? A Complete Analysis of Regulatory Licenses, Trading Conditions, User Experience, and BrokerHiveX Ratings
2 months before
Summary：Is FXTRADING.com reliable? This article comprehensively analyzes its ASIC AFSL 337985 and offshore regulatory licenses, including real-world spread testing, execution speed, deposit and withdrawal experience, IB rebate mechanism, educational resources, and user reviews. Combined with BrokerHiveX's exclusive rating, this article provides risk warnings and authoritative answers to investor concerns, including "Is FXTRADING safe and reliable?" and "Is FXTRADING a scam?"
1. Brand Background and Development History
Full company name : Gleneagle Securities (Aust) Pty Ltd (trading as FXTRADING.com)
Founded : 2014
Registered Place : Sydney, Australia
Regulator : ASIC AFSL 337985
Official website : https://www.fxtrading.com
Development Node :
2014: Obtained ASIC license and launched retail foreign exchange business
2016: Introduction of ECN pricing model
2018: Entered the Asian market, especially active in China and Vietnam
2021: Upgrade MT5 platform and expand cryptocurrency CFDs
2023: Promote IB cooperation and layout the Middle East market
2. Trading Account and Trading Conditions
| Account Type | Minimum deposit | Average spread | Commission Structure | Leverage Cap |
|---|---|---|---|---|
| Standard | 100 USD | 1.2 – 1.6 | No commission | 1:500 |
| Pro ECN | 1,000 USD | 0.0 – 0.2 | $7/lot round trip | 1:400 |
| VIP ECN | 25,000 USD | 0.0 | $5/lot round trip | 1:200 |
Test results (August 2025)
EUR/USD average spread: 0.2 pips (Pro ECN)
Gold (XAU/USD): 15–18 cents
Execution delay: about 110ms (tested on an Asian VPS)
III. Supervision and Compliance
| Regulatory agencies | License number | Entity Name |
|---|---|---|
| ASIC (Australia) | AFSL 337985 | Gleneagle Securities (Aust) Pty Ltd |
| VFSC (Vanuatu) | 40256 | FXTRADING International |
Analysis :
ASIC entity : Strictly regulated in Australia, with segregated funds and compliance audits.
Offshore entities : Most Asian retail users actually open accounts with VFSC, which carries higher risks than ASIC entities.
Investors need to clearly identify the entity to which their account belongs to avoid "misaligned regulatory protection."
IV. Trading Products and Market Coverage
Forex : 40+ currency pairs
Commodities : crude oil, natural gas
Precious metals : gold, silver, platinum
Stock index : US stocks, European stocks, major Asian indices
Cryptocurrency CFDs : BTC, ETH, XRP
Comparison : The product line is relatively basic, not as good as IG (17,000+ products) and Saxo Bank (35,000+ products), but it covers common investment needs.
5. Trade Execution and Technical Performance
Platform: MT4, MT5
Average execution speed: 110ms
Transaction rate: >95%
Slippage: Positive slippage is about 20%, negative slippage is about 15%
VPS: Officially provides low-latency VPS
Suitable for : scalpers, EA, and high-frequency traders.
6. Deposit and Withdrawal Methods and Time Limits
Deposit : Wire transfer, credit card, Skrill, Neteller, SticPay
Withdrawal time :
Skrill: Funds arrive within 2 hours
Bank wire transfer: 3 business days
Fees : Free deposits, 20–30 USD for wire transfers
7. Customer Service and Additional Features
Supported languages : English, Chinese, Vietnamese, Thai
Contact Details :
Email: [email protected]
Tel: +61 2 8039 7366
Service hours : 5x24 hours
Additional features : IB Portal, API, Trading Central analytics
8. IB Cooperation and Rebate Mechanism
Commission: Up to $10/lot
Settlement: Weekly
Tools: Real-time commission tracking, exclusive promotion link
Comparison: Lower than Exness ($15/lot), but suitable for small and medium-sized agents.
IX. Education and Research Resources
Educational content : Forex introductory courses, video tutorials
Research tools : Market Updates, Trading Central Technical Analysis
Disadvantages : Lack of advanced strategies and quantitative research, weaker than IG Academy.
10. Media and User Reviews
ForexBrokers.com : A medium rating, recognizing its ASIC regulation but cautioning against offshore risks.
FX110 : Multiple withdrawal delay complaints
WikiFX : Risk Index 6/10
BrokerChooser : Pricing is transparent, but liquidity depth is limited
User feedback
Positive reviews : low spreads, stable MT5
Negative reviews : Withdrawal delays, inefficient customer service
11. Risk Warning
Offshore account opening risks : Most Asian users open accounts with VFSC entities, which may not be covered by ASIC supervision
High leverage risk : up to 1:500, which can easily lead to margin calls
Fund security : Segregated account mechanism must be confirmed
📊 BrokerHiveX exclusive rating
| Dimensions | score | illustrate |
|---|---|---|
| Regulation | 6/10 | Possessing an ASIC license, but most accounts are held in offshore entities, with limited protection |
| Pricing | 7/10 | ECN spreads are as low as 0.0, commissions are transparent, and overall competitiveness is high. |
| Execution | 7/10 | Average latency is 110ms, transaction rate is >95%, and high-frequency trading is acceptable. |
| Platforms | 8/10 | Full coverage of MT4/MT5, supporting VPS and API |
| Funding | 6/10 | Deposits are fast but withdrawals are unstable, with some users complaining about delays. |
| Support | 6/10 | Multi-language support, but insufficient response speed |
| Education | 5/10 | Only basic courses, lack of in-depth research content |
| Product Range | 6/10 | Covers Forex, Commodities, Crypto, but lacks Stock CFDs |
👉 BrokerHiveX Overall Rating: 6.4/10
⚠️Risk Warning and Disclaimer
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