deposit:
- 10$
Trading platform:
- MetaTrader4
- Mobile
- Web Trading platform
- 0%
FirewoodFX Review 2024
deposit:
- 10$
Trading platform:
- MetaTrader4
- Mobile
- Web Trading platform
- 0%
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Summary of FirewoodFX Trading Company
FirewoodFX is a high-risk broker with the TU Overall Score of 2.4 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by FirewoodFX clients on our website, Traders Union expert Anton Kharitonov does not recommend working with this broker, as, according to reviews, most clients are not satisfied with the broker. FirewoodFX ranks 378 among 406 companies featured in the TU Ranking, which is based on the evaluation of 100+ criteria and a test on how to open an account.
FirewoodFX is a brand name owned by Firewood Global Ltd. Firewood Global Ltd. is duly registered in St. Vincent and The Grenadines with reg. no. 22160 IBC 2014. FirewoodFX offers its services worldwide. FirewoodFX was initially launched by a team of experts in the sphere of Forex trading. FirewoodFX team has a vast experience in the financial field. Therefore they are skilled enough and eager to provide some premium trading experience for traders and investors globally. FirewoodFX offers an STP model of trades execution combined with 4-digits pricing and fixed spread to ensure the most friendly trading conditions.
💰 Account currency: | USD |
---|---|
🚀 Minimum deposit: | 10 USD |
⚖️ Leverage: | 1:1000 |
💱 Spread: | from 1 p |
🔧 Instruments: | Forex, Cryptocurrencies, Indicies, Commodities, Share CFDs, ETFs. |
💹 Margin Call / Stop Out: | Stop Out – 20% |
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Trading Conditions for FirewoodFX Users
💻 Trading platform: | MetaTrader 4, Mobile, web platform |
---|---|
📊 Accounts: | Micro, Standard, Premium |
💰 Account currency: | USD |
💵 Replenishment / Withdrawal: | Bank Transfer, USD Tether, Credit Card, Unionpay, Neteller, Skrill, Vietnam Exchanger, FasaPay, PerfectMoney |
🚀 Minimum deposit: | 10 USD |
⚖️ Leverage: | 1:1000 |
💼 PAMM-accounts: | Yes |
📈️ Min Order: | 0.01 lot |
💱 Spread: | from 1 p |
🔧 Instruments: | Forex, Cryptocurrencies, Indicies, Commodities, Share CFDs, ETFs. |
💹 Margin Call / Stop Out: | Stop Out – 20% |
🏛 Liquidity provider: | No |
📱 Mobile trading: | Mobile Platforms |
➕ Affiliate program: | Yes |
📋 Orders execution: | Market execution, Instant execution |
⭐ Trading features: | No |
🎁 Contests and bonuses: | 20% Deposit Bonus |
Comparison of FirewoodFX with other Brokers
FirewoodFX | RoboForex | Eightcap | Exness | XM Group | Vantage Markets | |
Trading platform |
MetaTrader4, MetaTrader Web, MetaTrader Mobile | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | MT4, MT5 | Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 | MT4, MT5, MobileTrading, XM App | MT4, MT5, WebTrader, Mobile Apps |
Min deposit | $10 | $10 | $100 | $10 | $5 | $50 |
Leverage |
From 1:1 to 1:1000 |
From 1:1 to 1:2000 |
From 1:30 to 1:500 |
From 1:1 to 1:2000 |
From 1:1 to 1:30 |
From 1:1 to 1:500 |
Trust management | No | No | No | No | No | No |
Accrual of % on the balance | No | No | No | No | No | No |
Spread | From 1 point | From 0 points | From 0 points | From 1 point | From 0.6 points | From 0 points |
Level of margin call / stop out |
No / 20% | 60% / 40% | 80% / 50% | No / 60% | 100% / 50% | 100% / 50% |
Execution of orders | Instant Execution, Market Execution | Market Execution, Instant Execution | Market Execution | Market Execution, Instant Execution | Market Execution | Market Execution |
No deposit bonus | No | No | No | No | No | No |
Cent accounts | No | Yes | No | No | Yes | No |
Broker comparison table of trading instruments
FirewoodFX | RoboForex | Eightcap | Exness | XM Group | Vantage Markets | |
Forex | Yes | Yes | Yes | Yes | Yes | Yes |
Metalls | Yes | Yes | Yes | Yes | Yes | Yes |
Crypto | Yes | No | Yes | Yes | Yes | No |
CFD | Yes | Yes | Yes | Yes | Yes | Yes |
Indexes | Yes | Yes | Yes | Yes | Yes | Yes |
Stock | Yes | Yes | Yes | Yes | Yes | Yes |
ETF | No | Yes | No | No | No | No |
Options | No | No | No | No | No | No |
Contacts
Foundation date | 2014 |
Registration address | Suite 305, Griffith Corporate Centre, Kingstown, Saint Vincent and the Grenadines. |
Official site | firewoodfx.com |
Contacts |
Email:
support@firewoodfx.com,
Phone: +442036083558 |
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FAQs
Do reviews by traders influence the FirewoodFX rating?
Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about FirewoodFX you need to go to the broker's profile.
How to leave a review about FirewoodFX on the Traders Union website?
To leave a review about FirewoodFX, register on the Traders Union website or you can also leave a review through Facebook.
Is it possible to leave a comment about FirewoodFX on a non-Traders Union client?
Anyone can leave feedback about FirewoodFX on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.
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