EFX Review, Rating and Comparison

Overview

EFX Trading Accounts

Rank
2.5/10
Based on 2 Reviews
Position in Rating
135
Since 03 July, 2017
Vote
Company Reviews
«I Trust» 0% (0) Standart 100% (2) «Scam Alert» 0% (0)
Official Name
EFX
Headquarters
Torre Universal ,Third Floor Ave. Federico Boyd, Panama, Rep. of Panama.Â
Offices in
Panama
Year founded
2004
Official Website
Official e-mail
Phone numbers
+4802121112

EFX (England Foreign Exchange) is a fast growing ECN broker. EFXglobal does not have a dealing center and it is not regulated. Users benefit from low commissions and competitive spreads. The company provides services through the MetaTrader4 platform. The minimum amount of the initial deposit is 300 US dollars. The new technology of aggregation of prices ECN and Equinix provide commercial execution.
EFXglobal offers protection in the use of SSL encryption for the privacy of users of personal information and anonymously execute transactions.
Features:

  • raw ECN spreads
  • deep pool liquidity and market depth
  • instantaneous and error free trade execution
  • co-located and cross connected trade servers with major liquidity providers
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Rating chart

Detailed Information

Min. Position Size, lot:
0.01
Min. Account Size, $:
300
Max. Leverage
1:100
Spread:
1.0
Payment Options:
Bank Wire Transfer, Visa \ MasterCard
US Traders:
Demo Platforms:
MetaTrader 4
Website Languages:
English
Support Languages:
English
Support Methods:
Callback, Phone, Email, Live chat
Trading Server Timezone:
GMT
Trailing Account
Normal Account
Advance Account
Min. Position Size, lot:
0.01
Min. Account Size, $:
300
Maximum leverage, 1:
200
Spread Type:
Variable
Typical spread on EUR/USD, pips:
3.0
Min. spread on EUR/USD, pips:
1.0
Trading Instruments:
Forex — 1:200
Trading Platforms:
MetaTrader 4
Currencies:
United States Dollar
Digits after the decimal point in quotes:
5
Additional Features:
Min. Position Size, lot:
0.01
Min. Account Size, $:
3000
Maximum leverage, 1:
200
Spread Type:
Variable
Typical spread on EUR/USD, pips:
3.0
Min. spread on EUR/USD, pips:
1.0
Trading Instruments:
Forex — 1:200
Trading Platforms:
MetaTrader 4
Currencies:
United States Dollar
Digits after the decimal point in quotes:
5
Additional Features:
Min. Position Size, lot:
1
Min. Account Size, $:
300000
Maximum leverage, 1:
100
Spread Type:
Variable
Typical spread on EUR/USD, pips:
3.0
Min. spread on EUR/USD, pips:
1.0
Trading Instruments:
Forex — 1:100
Trading Platforms:
MetaTrader 4
Currencies:
United States Dollar
Digits after the decimal point in quotes:
5
Additional Features:
  • Scalping

EFX Reviews

avatar
15 June, 2018

Gerardino Lettiere from Romania

2

Guys! Tell me how you can return the finance? The broker told me that the system failed, my account was zeroed, or rather went into negative. I got a call and said that you can recover the account and withdraw $ 5000 but I have to pay 12%. Since I do not have that kind of money, they wrote a refusal. This is a fraud!

avatar
19 March, 2018

Sammy B from Australia

3

The meaning of this broker's work is to maximally take away out money from the new members so that they replenish the deposit and start trading on the forex or stock exchange. I do not recommend to contact this broker, and in general, with the stock exchange as a whole.

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