Only founded in 2013, EuropeFX is a relatively new broker but it has managed to gain the trust and confidence of both new and experienced forex and CFD traders worldwide. A truly modern brokerage firm, EuropeFX employs the STP (Straight through Processing) business model that effectively ensures there is no conflict of interest with clients’ trades. It has also managed to create a customer-centred trading environment with powerful features designed to ensure investing success with reduced risk. But does EuropeFX live up to its own billing as Europe’s favorite broker? Let’s find out in this EuropeFX review.
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EuropeFX Broker Review – Know The Facts, Trade With Confidence
Investors trade forex, CFDs and crypto currencies to make money. The easiest way to lose one’s hard earned money, before you even get started in the online trading world is partnering with an unregulated broker. One should have no such worries with EuropeFX and can partner with this broker with complete peace of mind. EuropeFX is a brand of Maxiflex Global Investments Corp Limited, a CIF (Cyprus Investment Firm) licensed and regulated by CySEC (The Cyprus Securities and Exchange Commission). The company is also a member of the Investor Compensation Fund (ICF).
EuropeFX also complies with the Markets in Financial Instruments Directive (MiFID II), whose main objectives are to boost financial transparency and offer greater consumer protection in investment services. In addition to CySEC, EuropeFX has also attained regulation from multiple supervisory bodies including France’s REGAFI, Austria’s FMA, Denmark’s FSA, Finland’s FSA, Britain’s FCA, Italy’s CONSOB, Spain’s CNMV, Germany’s BaFin, Sweden’s FSA and Netherlands’ AFM.
EuropeFX Scam or Legit?
Such heavy regulation conspicuously marks out EuropeFX as one of the most trustworthy financial brokerage firms in the industry. To start with, regulation means that trader funds are held in segregated bank accounts, entirely separate from the broker’s operating capital accounts. It also means that the broker has agreed to random platform checks by regulators to ensure they stick to fair pricing guidelines and offer fair and transparent price quotes at all times. If a conflict between you and EuropeFX does arise,you will be guaranteed fair and just treatment by an independent supervisory body that has been given the mandate to protect the interests of investors. With so much regulation, any online EuropeFX scam review should simply be ignored as this leading broker has proven itself to be trustworthy and offering a secure and all-inclusive trading environment. Take this opportunity to visit the EuropeFX website to experience a leading broker.
There are five account types available at EuropeFX: Bronze, Silver, Gold, Premium and Platinum; all aptly designed to ensure traders get maximum value for their investment amount. The minimum deposit amount is $200 and regardless of your account type, you will enjoy unlimited 24-hour support, STP orders, access to all trading platforms, a free demo account, as well as access to their comprehensive educational centre. Still, there are extra services and features available in each account, such as one-on-one training sessions, access to EuropeFX investments, case studies, live data feeds and other VIP services, such as advanced market knowledge and unique trading tools.
Trading platforms are your portal to the world of forex trading. A typical Forex trading platform will allow you to open or close trades and perform basic technical analysis on your favourite financial assets. EuropeFX is not your typical broker, so there is nothing average about their robust trading platforms. There are multiple powerful platforms available including MT4 Windows Terminal, MT4 Mac Terminal, MT4 Android Trader, MT4 iPad and iPhone Trader, MT4 Web Terminal, TradeWorks and Euro Trader. These platforms allow investors to trade all types of financial assets from currency pairs, stocks and indices to commodities and cryptocurrencies. All the platforms have seamless functionality, which means you can open a trade on your PC or Mac, and later track it or close it on your mobile device, at your own convenience. In all its MT4 Web and Desktop platforms as well as through TradeWorks, EuropeFX allows integrated algorithmic trading to help traders implement their automated strategies in the market. EuropeFXalso has partnerships with multiple liquidity providers, ensuring that its platforms stream live interbank prices in real time. This also guarantees best order execution at all times. Speaking of orders, EuropeFX allows investors to trade their favourite financial assets in various innovative ways so as to protect their capital as well as boost their profitability. Aside from the Spot Buy and Sell Orders, there are Stop and Limit Orders available as well.
There are also direct and trailing stops to help traders limit their capital exposure when trading.The EuropeFX STP execution also means that there is absolutely no conflict of interest with clients’ trades. STP brokers make money from activity, not from betting against the trader. The EuropeFX platforms have plenty of features to aid traders in performing analysis on the assets they are trading. Traders can choose to view their price charts in line, bar or candlestick forms. There are also plenty of technical, fundamental and sentimental analysis tools on all their platforms to help traders pick out high quality trade entries and exits in the market. Furthermore, EuropeFXhas now integrated mirror trading, powered by Tradency, in its platforms. This allows traders to track and copy the best strategies and signals from all the available providers on the system. EuropeFX’s trading platforms are truly state of the art, but you should not take our word for it. You can try all their platforms without putting a single dime on the line by signing up for their free and unlimited demo account.
In a fast paced and dynamic industry, such a forex, survival, let alone success, can only be guaranteed through constant education and the appropriate use of handy tools. EuropeFX understands this, and as a STP broker, it also desires your longevity and consistent success. It is why they have taken a unique approach to educating their traders. On their main website, there is a comprehensive and constantly updated education centre with material that can help all levels of traders advance their trading knowledge. There are numerous eBooks and videos available as well as a list of scheduled webinars and seminars where traders get the unique opportunity of gleaning from the vast knowledge and experience of veteran traders.
EuropeFX has also integrated with Trading Central, the leading provider of technical strategies in the world, to help traders identify, validate and time the best trading opportunities in the market. Trading Central is a leader in investment analysis and its partnership with EuropeFX helps traders to broaden their market knowledge as well as stay in full control of their trading activity.
EuropeFX also offers the Economic Calendar tool that helps traders track economic and political events, or news releases, that might impact the price movement of their favourite financial assets. News remains the major catalysts of price movement in the forex market, and the EuropeFXEconomic Calendar profiles the important events or news scheduled for release on any particular trading day, as well as the likely impact it is expected to have on the relevant underlying financial assets.
EuropeFX also has a signal widget integrated on all its platforms, streaming the best trading signals on multiple assets available on their platforms. The signals are delivered in a clear and brief manner, with precise instructions on how to execute them. For further inspection of the signals, traders can click on the signal tab for detailed charts, as well as the technical and fundamental logic behind their delivery.
EuropeFX has built its entire business model around transparency, and this extends to its banking methods, where Client Fund Security is their guiding principle. All payments are managed through the Level 1 PCI international payment service. All transactions on their platform are also processed using the latest 128 SSL encryption to ensure confidential client data is not compromised. This safe, secure and efficient payment processing system ensures traders can fund or withdraw from their trading accounts with ease and peace of mind. EuropeFX accepts deposits and processes withdrawals in a variety of convenient methods, such as bank transfer, MasterCard, Visa, Skrill, SoFort, iDeal, GiroPay, SafePay, TrustPay and Przelewy24. Traders can begin trading within a few minutes of making a successful deposit (depending on the method used), while all withdrawals are processed within 24 hours of a request being made. EuropeFX does not charge traders for any deposits or withdrawals they make to and from their trading accounts.
EuropeFX was designed to provide the ultimate trading experience for online traders. All new traders are allocated a personal Relationship Manager immediately after they sign up with the broker. The Relationship Manager will always be a phone call away in case you need any assistance. There is also a comprehensive ‘FAQs’ page on the website where you can find answers to practically any question you may have. If you wish to speak directly to one of their staff, they are available around the clock via phone, email or live chat. They are friendly, very professional and highly responsive.
EuropeFX is a multi-regulated broker that has delivered a compelling trading offering that perfectly fits the modern trader.With STP execution, a comprehensive education centre, numerous useful trading tools, reliable payment processes and excellent client support, EuropeFX ticks all the boxes for a trader that seeks a trustworthy brokerage partner for a successful trading career.
Overall Rating: 9/10