Opinions and information about the FxPlus broker
¿Is the broker FxPlus (aka fxplus.co) really reliable? Is it safe for you to invest your money with this company? In this section we will analyze the company and its reputation as such on the internet.
Do you want to give us a hand and help inform about this company? We invite anyone who has experience with this company, to leave a comment with their experience and to rate the company according to their experience with it.
The FxPlus broker is a broker of: Forex, Cryptocurrencies and CFDs.
The broker mentions to be part of: do not mention it.
FxPlus is based in: Switzerland (location probably false as it is not regulated in that country).
If we talk about regulation, the FxPlus website does not mention anything about being regulated, FxPlus is an unregulated broker.
We will continue to analyze the different account types that FxPlus offers. In the case of FxPlus we note that it has 4 different plans or types of account: the Bronze Account, the Silver Account, the Gold Account and the Black Account.
Bronze Account: minimum initial deposit of €500, fixed spread type, trading platform: FxPlus, personal manager, leverage up to 1: 200, financial calendar, news, minimum lot size 0.1.
Silver Account: minimum initial deposit of 5.0€00, fixed spread type, trading platform: FxPlus, personal manager, 25% welcome bonus, leverage up to 1: 300, partial master access, financial calendar, news, minimum lot size 0.5.
Gold Account: minimum initial deposit of €25.000, fixed spread type, trading platform: FxPlus, personal manager, 50% welcome bonus, leverage up to 1: 400, access to full masters, analytical updates, financial calendar, news, minimum lot size 1.
Black account: minimum initial deposit (not specified), fixed spread type, trading platform: FxPlus + MT4, personal manager, variable welcome bonus, leverage up to 1: 500, access to masters, analytical updates, financial calendar, news, minimum size of batch 1,5.
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The platforms used to trade are: the MT4 and FxPlus platform.
Now, yes, we will go on to analyze the different resources and aids that the company provides to traders on its website: some explanations of the products that FxPlus offers, an explanation of basic concepts of the investment world, some live charts, economic calendar , financial event news, pip calculator, really not much else.
Additional information about the company
Phone number: +41 43 456 00 25
E-mail: [email protected]
Clarification: The investment company FxPlus works in different countries, so the information provided may not apply to your country, this review is directed to Latin America and / or Spain.
* Bonuses or promotions: None by the moment
With the information we have so far, the comments and reviews of users and traders, our opinion is that it looks like a company we should be careful with.
Why? It is an unregulated broker, they mention being based in Switzerland but not being regulated there gives us to understand that this information is probably false, when looking for information and other evaluations about FxPlus we found a large number of negative reviews.
November 2020 update: CNMV, Spanish financial regulator, has denounced FxPlus due to fraudulent maneuvers.
Do you know this company? Do you think our opinion is not correct? Have you operated with this broker? Share a comment with your experience.
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