Forex Broker Comparison

FXFlat experiencesFXFlat experiences

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Forex and CFD broker FXFlat

FXFlat is one of the few forex brokers with a German origin. FXFlat Wertpapierhandelsbank GmbH is located in Ratingen and was founded in 1997. Then in 2007 became the Forex Broker FXFlat launched. Since it is a German broker, it is also regulated by the Federal Financial Supervisory Authority BaFin. FXFlat has been used several times awarded the "Online Broker of the Year". At FXFlat you can trade currencies, forex, CFDs and futures. Especially for CFDs on indices, commodities, bonds and cryptos, the broker has a wide range You can open an account from €200 and a demo account valid for 30 days is also offered. The Stereotrader and Metatrader Plus extensions for the Metatrader can also be used be tested for free with the demo account. The customer support is particularly impressive with this broker. The support is available around the clock (24/5) on trading days and can be provided by a free 0800 number, email or live chat. Also worth mentioning are the numerous training materials that can be accessed, such as webinars or videos. Scalping is not permitted at FXFlat.

Trading platforms

Metatrader 4

Metatrader 5

Trader Workstation (TWS)

The Trader Workstation is a specially developed trading platform where, for example, stocks, currencies, futures or bonds can be traded on many stock exchanges worldwide. The TWS can be downloaded for Windows, Mac or Linux.

Stereotrader

The Stereotrader was developed to perfect the Metatrader (MT4, MT5). Many useful features and functions are included. The Stereotrader runs only with Windows operating systems.

Agenatrader

Metatrader 4Metatrader 5 WindowsAndroidiOS

Account types

At FXFlat you can choose between two account types, or you can open a demo account in a few simple steps. There is a live account, which is the most commonly used, or this professional account. Basically, opening an account is relatively uncomplicated. The best way to confirm your identity or address is with a copy of your ID and you're done activated the account. Then you make the minimum deposit of €200 and you can start trading.

Payment methods

If you want to deposit or withdraw from your account, there are numerous options, whereby there are no fees:

  • Mastercard
  • Maestro
  • Visa
  • giropay
  • Skrill
  • Paypal

Mastercard.png Maestro VisaSkrillPaypal

Regulation

With regard to regulation, you are in good hands with FXFlat. FXFlat is regulated by the German BaFin (Federal Financial Supervisory Authority).

obligation to make additional payments

If you choose the Standard or Professional Plus account, there is no obligation to make additional payments. The dreaded development of the account balance into the negative is therefore not possible.

Inactivity fee

At FXFlat, an inactivity fee of €1/month applies if the balance at the end of the month is less than €1,000 and no trades have been made.

Website

FXFlat website

FXFlat advantages

  • free demo accpunt free demo accpunt
  • low spreads low spreads
  • regulation by BaFin Regulation by BaFin
  • many order types many order types
  • deposits and withdrawals free of charge Deposits and withdrawals free of charge
  • about 300 CFDs tradable about 300 CFDs tradable
  • many currency pairsmany currency pairs

FXFlat experiences and reviews

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