Efixxen Review 2025

Copy trading is not possible on the Efixxen platform. I hope they add this option because I don’t always have the time or desire to trade myself. Alternatively, I wouldn’t mind being able to invest in MAM accounts. Any option for passive income would work for me. Overall, this broker’s conditions suit me. Spreads on currency pairs start from 1 pips. There are no hidden trading fees. Payments are processed transparently without Efixxen charging a fee. However, the transaction processing speed could be faster, especially since many brokers already offer instant deposit and withdrawal services.

Brokers’ proprietary trading platforms aren’t always convenient, but I immediately liked Efixxen’s platform. I wouldn’t say it’s better than MT4 or MT5 trading platforms, but it’s generally functional and customizable. You can create lists of favorite assets, and one-click trading is available. It’s a pity that an economic calendar isn’t integrated into the platform, but it is available on Efixxen’s website, so you can monitor fundamental data in real time. Phone support is much more qualified than live chat. In the chat, you can only resolve minor technical issues, while other questions are better discussed with a manager over the phone.

Efixxen’s platform allows trading with 500 CFDs. Leverage up to 1:400 is available, but it can be limited or not used at all in account settings. I mostly trade currencies and occasionally Bitcoin, Ethereum, and Ripple paired with USD. The spreads don’t always satisfy me, but most of the time they are profitable. Efixxen’s spreads don’t eat up all the profit, so despite some shortcomings, I still trade with this broker. For example, I don’t like the service speed. Responses in chat are not immediate, and sometimes support operators are unavailable for several hours, even though their stated working hours are 24/5.

You can trade currencies on the Efixxen platform on 24/5. If you want, you can use leverage. However, the broker does not offer negative balance protection, so you need to be cautious and not set the leverage too high, or you might lose more than you invested. Efixxen offers a diverse selection of metals, including not only gold and silver but also platinum and palladium. Conveniently, you can contact support via online chat. However, if the issue is not technical, I prefer to communicate with Efixxen representatives by phone.

Efixxen’s activities are currently unregulated, which is the main broker’s drawback. On the other hand, you get broader trading opportunities with high leverage, and you can open and verify an account within a few accounts. Not all regulated brokers allow deposits and withdrawals in cryptocurrencies, but Efixxen does not have such restrictions. If BTC or ETH accounts were available, it would prevent losing funds on currency exchanges. I got used to the trading platform quickly because it’s very user-friendly, and all the necessary options are readily accessible.