FXFlat
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4.0
Unconfirmed company
fxflat.com
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A successful forex broker, one of the dynamic companies with many prestigious awards for organizing quality trading.
Forex broker
Official website
Social network
Date of foundation
1970
Head Office
Graurheindorfer Str. 108 53117 Bonn and Marie-Curie-Str. 24-28 60439 Frankfurt
Company owner
FXFlat Wertpapierhandelsbank GmbH
Types of support
[email protected]Feedback form on the siteCallback from the website
Phone Support
Languages
English, German
Terminals
MetaTrader 4, MetaTrader 5, AgenaTrader, StereoTrader, WebTrader
Min. first deposit
From 200 EUR
Brokerage commission
Yes
Bonuses
Until 250 EURReceive
Deposit bonus for attracted referrals
Leverage
Until 1:200
Spreads
From 0.8 points
Free demo account
Adjustable
Yes
Regulators
BaFinUnconfirmed
Types of accounts
Transaction volume
0.1 lot
Order execution
Market Execution (at market price)
Methods of replenishment
iDeal, Przelewy24, Skrill, Sofort, Überweisung, Wire transfer, Bank card (Visa/MC)
Withdrawal methods
iDeal, Przelewy24, Skrill, Sofort, Überweisung, Wire transfer, Bank card (Visa/MC)
Number of assets
100+
Types of assets
Currency pairs
Stocks
Indexes
Raw materials
CFD
Account Currencies
EUR, USD, GBP, CHF, PLN
Mobile apps
There are mobile apps (iOS / Android)
Weekend trading
No
Tournaments/competitions
No
Trader training
No
Contract Difference Commission
Yes
Swaps
No
PAMM trading
No
Analytics
Yes
Margin trading
Yes
Affiliate Program
Advantages
Disadvantages
Company requisites
Date of update
February 23, 2023
Overall assessment
4/10
    Address
    Graurheindorfer Str. 108 53117 Bonn and Marie-Curie-Str. 24-28 60439 Frankfurt

    FXFlat is this a scam? Review and Reviews

    Published: 1 September 2017 Updated: 23 February 2023

    Is Markets.com a scam?

    Today Markets.com is one of the experienced and dynamically developing international companies that have earned recognition and leadership positions. The broker works with a large database of traders around the world, offering an expanded list of trading tools, profitable Forex trading, which increases the trust of users (truth about Forex).

    However, there are different references in Internet about Markets.com, both positive and negative. Among the advantages are often mentioned: steady operation of the terminal, a lot of assets, etc. There are enough negative reviewon the network too, this largely suggests that there are problems in the process that require improvements (the problem of professionalism of employees, withdrawal of funds, blocking of accounts). At the same time, a representative of the company does not work on the forums, we hope that the company plans to improve their work in this direction and helps to eliminate the negative of users. A significant advantage of the company is an availability of its own development of high-quality terminals that expand trading opportunities. Willingness to invest a decent investment in the creation of a unique service, proven user reviews and the largest financial institutions are serious step, which indicates the company’s focus on long-term work in online trading, which is not available to one-day firms.

    Markets.com has the license for implementation of activities that raises the confidence of users. It is worth noting an informative official website Markets.com, availability of lucrative bonuses, different accounts, learning opportunities, quality analysts that testify a deliberate strategy of working with a client that is also not accessible to the scam websites. Should we consider Markets.com as a scam lottery or a fraudster? Let us answer this question with no. This response was largely influenced by the wide scale of the company’s representation around the world, the presence of a large base of traders, unique trading opportunities. To avoid problems in working with the broker, check with your personal manager all information about the rules of using the bonuses, withdrawal procedure, trading conditions.

    Regulator of the broker

    Markets.com is managed by Safecap Investments Ltd. which has the regulation of Cyprus securities and exchange Commission (CySEC No.092/08). Safecap is also licensed as a financial services provider in South Africa by the Financial services authority (FSB, No.43906).

    Check Markets.com license on CySEC website

    Bonuses in Markets.com

    Each trader of the company can get two types of bonuses:

    1) Welcome bonus of $25

    A profitable welcome bonus for all new users of the platform gives the opportunity to receive additional funds for $25 when registering an account. The action will allow you to trade profitably in the terminal using the provided funds. Check terms of the bonus with your personal manager.

    2) Bonus of $20 for mobile app install

    Another interesting broker bonus is provided to any user of the platform who has a full registration. The offer to use the bonus will be sent to the trader’s contact e-mail and is charged only with his consent (within 7 days). To get the bonus, you need to install the mobile application. The bonus can be withdrawn immediately or you can start trading with it. Check terms of the bonus with your personal manager.

    Summary

    Forex trading broker Markets.com is a dynamically developing company known all over the world, which gained the trust of a large number of traders and large financial institutions. Providing a high-quality web product, a variety of tools and favorable trading conditions (including fruitful cooperation with Arsenal FC), and the company develops constantly and monitors current trends in online trading. The network presents different reviews about the company, there are clearly lacks of active managerwork on behalf of the broker, who would answer the questions of users.

    We hope that the company plans to work on the forums, to make progress on the way to improve the service. It is also worth noting that Markets.com has been quite successful for many years, proving its reliability and stability in working with users around the world, so today we will not evaluate it as a scam company. And yet the references we expect from traders may not only affect the broker’s ratings, but also caution investors against problems.

    This does not constitute investment advice or personal recommendations as your specific financial circumstances have not been considered. No warranty is given in regards to the accuracy and completeness of information. Past performance is not an indicator of future results.

    Is FXFlat a scam?

    FXFlat is a successful and experienced Forex broker that has been operating in the financial markets for 20 years. Today it is one of the most experienced and dynamically developing European companies, awarded with prestigious awards for quality service and favorable trading conditions. Of course, the broker is well known in Europe, it has a large enough base of traders, has firmly taken its place on the Forex market, which we consider a positive thing that distinguishes the company from one-day firms (truth about Forex). Besides, there is a few references of traders in Internet about the work with the broker, which reduces the trust of the client.

    There is not enough material (reviews, expert opinions) about the company on the Internet that it is also a significant brake on its distribution in our country. We hope that the broker will work to change the situation and its service and features will be available to our trader. FXFlat is a licensed broker (there is a regulation of BaFin), but we did not find any detailed information about certification. The company pays great attention to favorable trading conditions (low entry threshold, low spreads, fast execution, etc.), offers affiliate programs, which largely indicates a well-thought-out strategy of working with the client.

    One of advantages of the company is its own development of high-quality innovative service for uninterrupted trading (FlatTrader Pro, WebTrader Pro), which won many positive reviews and awards of the largest financial institutions. An important task of successful trading for the company is a provision of quality service and successfully performance of it that indicate its serious intentions, willingness to invest significant funds in the development. We will also consider this as an advantage that distinguishes an honest broker from scam sites.

    The official website of FXFlat contains a lot of material (about platforms, trading conditions, etc.), but there is no important information about the license, account types, etc. Whether today should we consider FXFlat as a scam? We think not. This decision was influenced at least by the impressive experience of the company, presence of a serious reputation in Europe, its own developments, awards and positive reviews. Therefore, if you do not want to have any problems with the broker, you should work correctly with a personal manager, specifying the necessary information about the trading rules, withdrawal procedure, etc.

    Broker`s regulator

    FXFlat is owned by FXFlat Wertpapierhandelsbank GmbH, a German asset management company, regulated by the Federal financial supervision authority (Bundesanstalt für Finanzdienstleistungsaufsicht, BaFin, №109603). All companies under the jurisdiction of BaFin must have a capital of €730,000; all documentation must meet the requirements of MiFID. Note that neither on the broker’s website nor on the regulator’s website, have we not found confirmation of the license, links to documents.

    Bonuses in FXFlat

    Each trader has a bonus of up to 250€.

    A profitable bonus from the broker will allow you to get additional funds for trading up to 250€. To take part in the promotion, you need to recommend the company to your friends, and if a friend opens a real account, the trader will receive a bonus. Term for bonus providing check with your personal manager.

    Summary

    Forex trading broker FXFlat has been providing services successfully for 20 years, has gained trust as a reliable and stable company, is considered one of the leaders in trading. With many prestigious awards, high-quality innovative software development the broker continues its development, follows the modern trends of online trading.

    It is worth noting that FXFlat has been successful for many years and proves its reliability, so today we will not evaluate it as a scam company. And yet the references we expect from traders may not only affect the broker’s ratings, but also caution investors against possible problems.

    Trading instruments and assets
    80%
    Withdrawal speed
    80%
    Brokerage commission
    80%
    Technical support
    80%
    4.0

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      Trading instruments and assets
      80%
      Withdrawal speed
      80%
      Brokerage commission
      80%
      Technical support
      80%
      Despite the fact that FXFlat forex broker...

      Despite the fact that FXFlat forex broker has been operating for quite a long time, the company’s priority is still the European market, which negatively affects the process of trading for Russian traders. Almost all of the material published on the platform is written in German, and the same goes for… Read more

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