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CedarFX review

CedarFX review: regulation (None), minimum deposit 10, leverage up to 1:500, platforms and current bonuses. Some news

4.8of 5
Open account
Minimum deposit10
Max. leverage1:500
Spread fromVariable
Founded2020

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]

About CedarFX

Some news

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 – NoOpen account