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DirectFX

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Twitter
https://twitter.com/DFXTrading
Date founded
Dec 31, 2005
Demo version
Yes
Description

DirectFX is a forex broker owned by Direct FX Trading PTY LTD. It is a member of FINRA / SIPC, which provides securities protection up to 500 000 US dollars. The company offers its users an affiliate program, representing a broker, financial manager, provides numerous, safe and fast payment methods

Name

DirectFX

News
Regulation

ASIC

Webinars
No
Country

Australia

Time zone

GMT +2

Languages

English, Portuguese

Decimal pricing
5 Digits,
Hedging
Yes
Max Leverage

1:400

Minimal Lot
0,10
One Click
Yes
Scalping
Yes
Spot trading
Yes
Spreads
1,60
Trading Platform
MetaTrader 4,

MetaTrader 4

MT Mobile

CQG FX

Bonus

X

Currencies

USD

EUR

AUD

Currency pairs

30

Deposit methods
Bank wire, Skrill, Neteller,

Neteller

Skrill (Moneybookers)

Bank Wire Transfer

Minimum Initial Deposit

-

Mini Account:

N/A

Standard Account:

$500

ECN Account:

N/A

Premium:

N/A

Withdrawal methods
Neteller, Skrill, Bank wire,
Contact phone

+61280385093

Contact email

With the current booming Forex trade business, many Forex brokers companies are coming up. Forex brokers play a major role in currency and commodity trading. They ensure individual traders have reliable platforms to trade. A successful career in Forex trade starts with a successful Forex broker. This article will discuss DirectFX Company, which though relatively new, is already making ripples in the Forex trading.

DirectFX Trading Pty Ltd has been trading in Forex since 2006. It is safe to trade in this company because it has regulatory certificates from The Australian Securities and Investment Commission (ASIC). It is also a member of Finance Ombudsman Service (FOS). You do not have to worry about the security of your funds when dealing with this company.

 

Features:

•     Accounts: DirectFX has two trading accounts. You can choose to open a next-generation MT4 account or a more highly priced and sophisticated one called CQG FX account. These accounts will allow you to trade on the leverage of up to 400:1. Remember the high the leverage the high the return and risk. You can sell and buy precious metals and 30 currency pairs with these accounts.

•     VPS server: DirectFX lets its clients use VPS dedicated server which is hosted by Equinix NY4. This server enables the traders to execute orders quickly. A little delay in Forex trade can mean a significant loss of potential earning.

•     Best interface: DirectFX accounts designed with a trader who seeks class and transparency in mind. In CQG account, you can get advanced tools like the Spreadsheet Trader. Spreadsheet Trader tool will enable you to track your markets patterns and tabulate them so that you can make informed choices as you trade. Their Snap Trader feature allows a trader to receive timely notification when the set variables on price, time, and study have been met. Such innovation is rare in Forex brokers.

•     Multi Account Manager (MAM): DirectFX offers Multi Account Manager Software to its traders who have multiple accounts. This software enables account holders to manage their different accounts from a master account efficiently. You can quickly execute a block order with a single click when using this software.

•     Education: DirectFX on daily basis posts all top news items. Professional analysis and informed opinions also accompany such posts. The final data will ensure your decisions are from verifiable facts. Success in Forex trade relies more on science than on chance. The best place to get historical data is from the brokers themselves.

 

Advantages:

•     Excellent Customer Support: The support staffs are available 24/7 and can speak in many languages. You can have a live chat, email, or phone conversation with them any time of the day, any day of the week.

•     Free Demo Account: DirectFX has a demo account for new clients with lasts up to 60 days.

•     Cheap Service Fees: It is relatively low-priced to open an account in DirectFX.

 

Disadvantages:

•     Insufficient supporting details: They do not have videos or webinars.

•     Credit Cards are not supported for withdrawal: Credit cards are not options to withdraw money.

•     Withdraw of funding takes too long to complete: It takes up to three days for the withdrawn money to reach your bank account.

 

Conclusion:

DirectFX has almost everything you need in a Forex broker. Though you may not find all the products you may wish to trade, what they have is safeguarded by critical regulatory bodies. The company has invested aggressively in technology so that you can maximize on your earning.

Screenshots
Pros & Cons
  • Demo Account, Choice of Popular Platforms
  • No Bonuses or Promotions, Limited Assets

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2 comments

  1. User avatar

    Roselle (13) 2 weeks ago

    Would you know if they are already supporting credit card for withdrawals? I can't seem to get an accurate info just by browsing.

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    Reply
  2. User avatar

    Guest 2 months ago

    Direct FX Trading is a scam broker. They will take your deposits and allow you to trade, but you will never be able to withdraw your money. Their Sydney office addresses are fake - they are a Cyprus based company. The telephone numbers for Sales and Support do not work and they do not respond to emails. Do not under any circumstance deal with this company or transfer any money to them. Their AFS Licence has been suspended by ASIC.

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