Introduction
In the era of virtual trading, globally, FX Road is the perfect choice for anyone who wishes to get into the trading world. FX Road is dedicated to serving the trading community in the best way possible and thus provides its users with complete transparency and provides them with easily accessible opportunities to grow with respect to their trading journey.
This platform provides a hassle-free user experience by making sure that the interface is user-friendly.
FX Road adheres to all the rules and regulations required by the respective regulatory bodies. Not only does it provide various types of accounts for the traders to choose from but it also provides the option of a free virtual account for the users to gain experience on the platform.
Features of FX Road
FX Road focuses on providing its users a well-diverse and enhanced trading experience. Some of its unique features are given below.
Feature | Availability |
Website | https://www.fxroad.com/ |
Virtual Account | Yes |
Gold Account | Yes |
Silver Account | Yes |
Platinum Account | Yes |
Islamic Account | Yes |
Beginner Friendly | Yes |
Licensed | Yes |
Regulated by | FSA |
Data encryption | Yes |
Leverage | 1:200 |
Spreads | Starting from 0.6 pips |
Support | support@fxroad.com |
Webinars and educational material | Yes |
Professional Assistance | Yes |
Minimum Deposit | 250 EUR |
Security and Regulations of FX Road
FX Road is a highly secure platform regulated by FSA. In order to ensure that they are trusted by their users, FX Road offers complete transparency and no hidden charges.
Right to cancel an order:
The users will have the right to cancel their order at least for a period of 2 seconds after their “Call” or “Put” decisions.
Regulation
FX Road is regulated by the Financial Services Authority (FSA) of Seychelles. They thus provide complete user privacy and encryption.
Transparency
The platform provides complete transparency and has 0% hidden costs in order to gain the complete trust of its users. It is an important security feature as FX Road believes in empowering the traders by platform transparency and accessible trading opportunities.
Anti-money laundering (AML) policy
Users must ensure to submit the necessary documents to complete the KYC procedure. This is important as the platform adheres to the regulator’s AML policy and regulation policy.
Pros and Cons
Despite these many features, there are some pros and cons to it.
Pros | Cons |
Vast trading instruments | Stop-loss not guaranteed |
Beginner friendly | Limited premium benefits |
Advanced tools for analyzing | Limited educational resources |
24*5 customer support |
Types of Accounts on FX Road Website
FX Road provides a variety of accounts that users can choose from. If the users are not familiar with the type of account that will be suitable for them, they may contact the support team for further guidance. There is a 0% deposit commission on all kinds of accounts provided by the platform.
Silver Account:
For users who wish to get support for CFD trading or might be starting their journey as a trader, the silver account is the best option. The spreads start from 2.6 pips and the leverage goes upto 1:200.
Gold Account
The Gold Account is suitable for traders who wish to continue their trading journey and grasp more opportunities. The spreads start from 2 pips and a leverage upto 1:200.
Platinum Account
If you are a trader with experience, then the Platinum account is the right choice for you. This account provides the traders with an intensive trading experience. Spreads start from 1.4 pips and a leverage of upto 1:200.
Islamic Account
For the traders of the Islamic faith, the Islamic Account is the right choice. This account is Shariah-compliant and adheres to the principles of Islamic finance. This account comes with zero night rollovers and highly tight spreads.
Virtual Accounts
For users to get a hand on trading, it is important to have a practical experience. Users can opt for a free virtual account on FX Road. This comes with a balance of a good $100,000 using which the users can learn and test their skills before opening a real account and exercising a real trade.
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Sign Up for FX Road
Users can start their trading journey at FX Road by following these steps.
Step-1: Visit the FX Road official website and select “Open Account” in the top right corner.
Step-2: Fill in the Personal details required for the account.
Step-3: Accept the terms and conditions and you will receive a confirmation mail.
Step-4: Upload the required documents and make the deposit.
Step-5: You have opened yourself a trading account on FX Road.
How to login on FX Road?
Use the registered mail id and password to log in to your FX Road Account.
Trading platforms
Whether you are a budding trader, just starting with your trading journey or a professional trader with lots of trading experience, FX Road provides its services for all kinds of users.
Android Application
The platform is available for all Android users on their devices, in the form of an application platform. Users can also enable the push notifications to stay updated with all the news related to their assets and market.
iOS Application
Users can enjoy trading from their Apple iPhones and iPads in their comfort. With its hight security features, traders can experience seamless trading.
Webtrader
FX Road’s web-based platform is fully functional, which makes it an excellent choice for traders who want to work from their desired devices. This eliminates the need for downloading separate software, completely.
Deposits and Withdrawal
The platform has flexible payment methods. Some of the options are:
- Google Pay
- ApplePay
- Visa Debit
- Visa
- Maestro
- Mastercard
How to deposit funds?
Step-1: Login to your FX Road trading account.
Step-2: Select “Deposit” from the dashboard
Step-3: Select the account you want to deposit the amount in and a suitable payment method.
Step-4: Enter the amount and complete the transaction.
How to Withdraw funds?
Step-1: Login to your account
Step-2: Select “Withdraw” and the account you want to withdraw funds from
Step-3: Select the desired payment method.
Step-4: Enter the amount and proceed for withdrawal.
Support Team of FX Road
Users can access the customer support team directly from their official website.
Select the “Live Chat” option tot connect with a support agent. Users can also mail the support team directly at their mail- support@fxroad.com or their support contacts:
Country | Support Contact |
India | +911171279109 |
Brazil | +5561947565589 |
Users may also fill out the form available on the “Contact Us” page of their official website.
FAQs
How do I open an account on FX Road?
Visit the official website of FX Road and Click on “Open Account”. Fill in the required information, upload the documents, and register yourself. You have now successfully opened a trading account on FX Road.
How many account types are available?
At FX Road, users have options to choose from 4 types of accounts Silver, Gold, Platinum, and Islamic.
Can I change the Account currency?
If a user desires to change their account currency they may contact the customer support team for further assistance for the same.
What is the Minimum deposit amount?
The minimum deposit amount is 250 EUR.
Are there any charges for deposits or withdrawals?
The platform doesn’t charge any fee for deposits or withdrawals. The service provider may ask for additional charges.
Are clients provided with any educational material or webinars?
Yes, the clients are provided with educational material on the platform as it focuses on improving client experience and their knowledge.
How to contact FX Road?
Users can access the customer support team directly from their official website. Select the “Live Chat” option to connect with a support agent. Users can also mail the support team directly at their mail- support@fxroad.com or their support contacts available on their website.