CedarFX review
CedarFX review: regulation (None), minimum deposit 10, leverage up to 1:500, platforms and current bonuses. This CedarFX review covers regulation, fees…
Trading conditions
- Broker type
- STP/ECN
- Minimum deposit
- 10
- Maximum leverage
- 1:500
- Minimum spread
- Variable
- Platforms
- MT4 Desktop, Mobile, WebTrader
- Instruments
- Forex, Cryptos, Stocks, Futures, Indices, Metals, Futures
- Account currencies
- EUR, USD, GBP, BTC
Bonuses
- No deposit bonus
- No
- Welcome bonus
- No
- Other promotions
- 0% Commission Account / Eco Account
Accounts and features
- Demo account
- Yes
- Islamic account
- No
- Swap-free
- No
- Mini account
- No
- VIP account
- No
- Managed account
- No
- Segregated funds
- Yes
- Hedging and scalping
- Yes
- News trading
- Yes
- Mobile trading
- Yes
- Web trading
- Yes
Deposits and withdrawals
- Deposit methods
- Bitcoin (BTC) Visa/Mastercard, Wire Transfer
- Withdrawal methods
- Bitcoin (BTC)
Company
- Regulation
- No
- Founded
- 2020
- Country
- St. Vincent and the Grenadines
- Address
- First Floor, First St Vincent Bank Building, James Street, Kingstown, St. Vincent and the Grenadines
- Publicly traded
- Yes
- Website languages
- English
- Phone
- No
- Email or Skype
- [email protected]
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About CedarFX
This CedarFX review covers regulation, fees, platforms and bonuses.
Some news
CedarFX overview
CedarFX is a STP/ECN broker, established in 2020, based in St. Vincent and the Grenadines. It is regulated by None. Trading conditions at CedarFX include a minimum deposit of 10, leverage up to 1:500, spreads from Variable.
Clients can trade on MT4 Desktop, Mobile, WebTrader, in the web browser and on mobile. Available markets: Forex, Cryptos, Stocks, Futures, Indices, Metals, Futures. Account base currencies: EUR, USD, GBP, BTC.
CedarFX offers a free demo account and segregated client accounts. Trading rules: hedging and scalping are allowed, news trading is allowed. Deposits can be made by Bitcoin (BTC) Visa/Mastercard, Wire Transfer.
Withdrawals are available via Bitcoin (BTC). The website is available in English.
CedarFX FAQ
Is CedarFX regulated?
Yes. CedarFX is regulated by None.
What is the minimum deposit at CedarFX?
The minimum deposit at CedarFX is 10.
What is the maximum leverage at CedarFX?
CedarFX offers leverage up to 1:500. Leverage may be lower depending on your country and account type.
What are the spreads at CedarFX?
Spreads at CedarFX start from Variable.
Which trading platforms does CedarFX offer?
CedarFX offers MT4 Desktop, Mobile, WebTrader.
Does CedarFX offer an Islamic (swap-free) account?
No, CedarFX does not offer Islamic accounts.
Does CedarFX have a demo account?
Yes, CedarFX offers a free demo account.
How can I deposit money with CedarFX?
CedarFX accepts Bitcoin (BTC) Visa/Mastercard, Wire Transfer.
When was CedarFX founded?
CedarFX was established in 2020 and is based in St. Vincent and the Grenadines.
How do I withdraw money from CedarFX?
Withdrawals at CedarFX are possible via Bitcoin (BTC).
Official website: CedarFX
CedarFX pros and cons
Pros
- Regulated by None
- Low minimum deposit: 10
- Scalping and hedging allowed
- Free demo account
- Trading platforms: MT4 Desktop, Mobile, WebTrader
- Client funds held in segregated accounts
Cons
- No no-deposit bonus at the moment
- Leverage up to 1:500 magnifies losses as well as profits
- No Islamic (swap-free) account
- Conditions and bonuses can differ by regulated entity
CedarFX FAQ
Is CedarFX a safe and regulated broker?
CedarFX was founded in 2020 and is regulated by None. Client funds are held in segregated accounts. Your protection depends on which CedarFX entity opens your account.
What is the minimum deposit at CedarFX?
The minimum deposit at CedarFX is 10. Payment providers may set their own minimum amount.
What is the maximum leverage at CedarFX?
CedarFX offers leverage up to 1:500. Regulators in the EU, UK and Australia cap retail leverage lower, usually at 1:30 on major forex pairs.
Does CedarFX offer a no deposit bonus?
No. CedarFX does not currently offer a no deposit bonus. It offers a welcome promotion: No. See our forex no deposit bonus list for brokers that do.
Which trading platforms does CedarFX offer?
CedarFX supports MT4 Desktop, Mobile, WebTrader. Mobile trading is available.
Does CedarFX allow scalping, hedging and news trading?
Yes. Scalping and hedging are allowed, and news trading is allowed.
Does CedarFX offer an Islamic (swap-free) account?
No. CedarFX does not list a swap-free Islamic account.
Risk warning: Forex and CFD trading on margin carries a high level of risk and may not be suitable for all investors. Bonus offers are provided by third-party brokers and can change at any time.
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CedarFX at a glance
- Reader rating4.8 / 5 (9 votes)
- RegulationNone
- PlatformsMT4 Desktop, Mobile, WebTrader
- Account currenciesEUR, USD, GBP, BTC
- LanguagesEnglish
- PhoneNo
- Email / Skype[email protected]
- FaxNo
- Head officeFirst Floor, First St Vincent Bank Building, James Street, Kingstown, St. Vincent and…