FIXI Markets Review (2023)
What is FIXI Markets?
More than 10 years of experience in financial markets shaped the FIXI Markets company high standards that lead to the highest level trading environment offered to their customers. With its head office based in London the company, however, serves offices in multiple locations including Australia that delivers exceptional support for the trading with its access to the latest market data and deep liquidity sourced from multiple providers.
The FIXI goal is to deliver integrity of trading at all means, while there are various services and support solutions offered in order to be a better trader with its access to the latest market data and liquidity. The markets and the trading tools including the Forex, Index, Commodities trading as well as the Spread Betting enabled the UK clients.
Is FIXI Markets safe or a scam
FIXI Markets, FIXI Select, FIXI eFX are trading names of FIXI PLC. FIXI Plc is authorized and regulated by The Financial Conduct Authority (FCA). The regulation requires to follow of the rules related to client money protection, strict operational standards and the trading environment, which delivers a convenient model.
The regulated status ensures a clear segregation between money belonging to the client and the company funds, means all client money is kept separate at all times. FIXI Markets is a member of the FSCS, which means that the first £50,000 of the initial investment made by the company client is compensated in case of the company default. Nevertheless, the company invested additionally in the technology to keep safe the clients’ funds.
Trading Platforms
FIXI Markets proposing the choice between the industry most powerful platforms, which includes MT4, MT5 and Currenex. FIXI Markets offers trading clients the highest level of service for utilized algorithmic traders and those who use automatic trading or EAs. The wide variety of technology extras for traders including amongst others API and VPS solutions that allow traders to enjoy low latent price feeds whilst a pleasant trading environment.
While the MT4 is the most popular, user-friendly and reliable online forex trading platform on the market it allows analysis of the financial markets, a performance of the trading operations and run of trading robots (EAs) as well as to copy deals of the other traders. The MT5 is a more advanced version of the previous function it is indeed one of the best options for the modern trader. The MT5 offers advanced financial trading functions with superior tools for technical and fundaments analysis in its addition to the desktop, mobile and the web versions.
The Currenex is one of the powerful platforms with access to the liquidity sources and order management functions allows to aggregate liquidity streams into the sophisticated trade settlement. The professional trading community has an opportunity to live, streaming, executable bids and offers available for instant execution with market data, trading strategies and risk management tool to optimize trades.
Moreover, the broker runs occasionally competitions that offer to participate in the contest and test skills or trading intuition with the possibility to win the valuable prizes. Demo Trading Competition is also a perfect solution for the traders who would like to develop their strategies in a risk-free environment, while further trading in a real account. The trader should score the goal, while the share is from 7,500$ withdrawals prize pool with 11 winning positions of the top traders.
Account Types
Across the platforms, there are a variety of the trading accounts suited according to the traders’ needs with the offering to engage through Standard, Pro or Islamic Accounts. The Standard and the Islamic require only 100$ as an initial deposit with leverage level-up to 1:30 and spreads from 0.6 pips for EUR/USD, yet the Islamic feature is specifically designed for the traders of the Muslim belief and features no swaps (See swap-free brokers).
Pro Account is a designed feature for advanced or traders of bigger size and brings a raw spread offering from 0.0 pips with charged commission per trade, from 7$. The necessary support from the company along with the additional features are supported while the balance requirement is 1,000$ for the account opening.
The trading costs are offered by the spread, which represents the floating tight spread from the liquidity provided by Price Action Point.
FIXI Plc is not able to accept applications from applicants in the following countries: USA, Canada, Iran, Iraq, Syria, Lebanon, Liberia, Libya, Somalia, Burma, Eritrea, Sudan, Zimbabwe, the Democratic Republic of the Congo, Republic of North Korea, Former Federal Republic of Yugoslavia.
Payment Methods
FIXI Markets offer traders deposit and withdrawal flexibility with the option to deposit funds directly to the trading account by Bank Wire, Skrill, Neteller, Safecharge, Zotapay, MasterCard, Maestro or VISA. Depending on the method used for depositing funds it may take from a couple of hours up to 5 working days for the transferred amount to be reflected in clients account.
For the fund withdrawal purposes, a client has to submit the withdrawal request, further once approved funds are transferred as indicated by the client. Depending on the chosen method of withdrawal, fees may apply some additional transaction. FIXI Markets accept deposits and offers an account base currency in GBP, USD, EUR and AUD.
Conclusion
FIXI Markets Review as an FCA regulated company delivers high-level secured trading services and environment to the global traders with various strategies and a range of the tools to enrich the experience. The technological solutions deliver direct access to the markets through an advanced platform choice, which includes industry-leading software.
FIXI Markets Updtade
FIXI Markets has moved to offshore registration and is no longer regulated broker, also FIXI Markets does not accept new clients. We recommend to avoid FIXI Markets and make your own deep research in case you receive any offering from FIXI.