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Attention!
Due to the large number of negative reviews about this company and because it occupies the low position of number 20 on our Ratings List of Forex brokers, the Traders Union does not recommend cooperating with this broker.
Instead, our experts strongly advise you to select a brokerage from among the Top 5 on our objectively ranked list:
Summary of FirewoodFX Trading Company
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.
We work exclusively with the accounts opened through Traders Union.
FirewoodFX reviews and rating of the company
The reviews by customers of the FirewoodFX indicate that it is a reliable brokerage company. Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.
Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of FirewoodFX published on the website in 2020 are verified and confirmed by Traders Union as reliable comments by real traders.
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Analysis of the Main Features of the Forex Broker
Trading Conditions for FirewoodFX Users
10 USD
Minimum
deposit
1:1000
Leverage
| 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 | FxPro | Admiral Markets UK | XM Group | AvaTrade | |
| Trading platform |
No | MT4, MobileTrading, MT5, cTrader | MT4, MT5, iPhone, iPad, Android, MT4 Supreme Edition | MT4, MT5, MobileTrading | MT4, MobileTrading, Zulu Trader, Mirror Trader, AvaTrader, AVA Option |
| Min deposit | No | $100 | $200 | $5 | $100 |
| Leverage | No |
From 1:1 to 1:500 |
From 1:25 to 1:500 |
From 1:1 to 1:888 |
From 1:200 to 1:400 |
| Trust management | No | No | No | No | No |
| Accrual of % on the balance | No | No | No | No | No |
| Spread | No | From 1 point | From 0 points | From 1 point | From 0 points |
| Level of margin call / stop out |
No | 25% / 20% | 100% / 30% | 50% / 20% | 25% / 10% |
| Execution of orders | No | Market Execution, Instant Execution | Market Execution | Market Execution | Instant Execution |
| No deposit bonus | No | No | No | $30 | No |
| Cent accounts | No | No | No | Yes | Yes |
Broker comparison table of trading instruments
| FirewoodFX | FxPro | Admiral Markets UK | XM Group | AvaTrade | |
| Forex | Yes | Yes | Yes | Yes | Yes |
| Metalls | Yes | Yes | Yes | Yes | Yes |
| Crypto | Yes | No | Yes | No | Yes |
| CFD | Yes | Yes | Yes | Yes | Yes |
| indexes | Yes | Yes | Yes | Yes | Yes |
| Stock | Yes | No | Yes | Yes | Yes |
| ETF | No | No | Yes | No | No |
| Options | No | No | No | No | No |
Contacts
| Registration address | Suite 305, Griffith Corporate Centre, Kingstown, Saint Vincent and the Grenadines. |
| Contacts |
Email:
[email protected],
Phone: +442036083558 |
Tags:
FirewoodFXThe Oldest Reviews of the FirewoodFX
The reviews by customers of the FirewoodFX indicate that it is a reliable brokerage company. Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.
Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of FirewoodFX published on the website in 2020 are verified and confirmed by Traders Union as reliable comments by real traders.
No entries yet.
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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.
Why is it more profitable to work with FirewoodFX through Traders Union?
Because you will receive additional payments from Traders Union every month while all other functions on your chosen trading platform remain the same.
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