Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
FXlift Pros & Cons
- The broker offers a wide range of assets across six categories and optimal leverage, allowing the use of any trading strategy.
- Three account types with different parameters are available, allowing each client to find the most comfortable option.
- The broker has competitive average spreads and no trading or withdrawal fees, resulting in low trader costs.
- The MT4 trading platform is a time-tested solution easily customizable with free plugins.
- Funds are promptly deposited and withdrawn using various popular methods.
- A beneficial partnership program is available to both private and corporate clients.
- The broker is officially registered and regulated as FXlift works with several reputable liquidity providers.
- The broker offers only CFDs.
- The broker doesn’t offer popular passive income solutions like copy trading and joint accounts.
- There are no educational materials and only the economic calendar is available among analytical tools.
FXlift is a CFD broker that offers access to trading a wide range of assets, including currency pairs, metals, indices, commodities, stocks, and futures. There are over 300 positions available. The leverage available is 1:30. The trading platform is MetaTrader 4, available for both PC and mobile devices. In addition to the demo account, three real accounts, Standard, Gold, and Platinum, are available. Average spreads decrease with increasing account tiers, ranging from 2.1 pips for Standard to 1.5 pips for Platinum. The minimum fixed spread is 0.01 pips. There are no trading fees, and there are no deposit and withdrawal fees either. To start trading, a deposit of at least $500 is required; for a Platinum account, it is $ 2,500. The trade size starts from 0.01 lots. A partnership program is the only passive income offered by the broker, while copy trading and PAMM/MAM accounts are not available. No educational materials or significant trading tools are provided. Technical support is available 24/5 via email and phone.
TU Expert Verdict
FXlift is rated as very high risk. Testing and client reviews highlight serious concerns regarding service quality, stability, and overall reliability. I recommend approaching this broker with extreme caution, as it may not be suitable for most traders.
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FXlift User Reviews
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5-star
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4-star
20%
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3-star
20%
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2-star
20%
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1-star
40%
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Commissions and Fees
Score:We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria7 /10The trading and non-trading commissions of FXlift have been analyzed and rated as having Medium fees, with a fees score of 7/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, to provide the most comprehensive information.
- Low Forex trading fees
- Tight EUR/USD market spread
- No inactivity fee
- No deposit fee
- No withdrawal fee
- Complex fee structure
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of FXlift with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.
Standard Account Spread
For Standard accounts, FXlift’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.
FXlift Standard spreads FXlift OANDA FOREX.com EUR/USD min, pips 1.2 0.1 0.7 EUR/USD max, pips 1.4 0.5 1.2 GPB/USD min, pips 1.1 0.1 0.9 GPB/USD max, pips 1.3 0.5 1.4 RAW/ECN Account Commission And Spread
The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.
FXlift RAW/ECN spreads FXlift OANDA FOREX.com Commission ($ per lot) The commission is the fee charged by the broker for trading one standard forex lot (100,000 units of the base currency). 0.0 3.5 5 EUR/USD avg spread 0.8 0.15 0.2 GBP/USD avg spread 0.9 0.2 0.4 Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with FXlift. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
FXlift Non-Trading Fees FXlift OANDA FOREX.com Deposit fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0 Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0 Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks. 0 0-15 0 Inactivity fee ($, per month) 0 0 15 -
Is FXlift Safe?
Score:We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria1.5 /10FXlift has a safety score of 1.5/10, which corresponds to a Low security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Negative balance protection
- Not tier-1 regulated
FXlift Security Factors Foundation date - Negative balance protection YesVerification (KYC) YesFXlift is Not a Regulated Broker
Attention! It's your choice to work with regulated or unregulated brokers, but please consider the risks carefully. Unregulated brokers might offer lower fees and flexible trading options, but they lack investor protection, have a higher fraud risk, and no guarantee of withdrawals. Thoroughly research before deciding.
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Account Types
Score:We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.6.3 /10FXlift offers the following account options: Demo, Standard, ECN/Raw spread, Managed.
However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.
- Standard account with balanced trading conditions
- Tight spread ECN account
- Demo account
- No Swap Free account
- No VIP account option
FXlift account types vs top competitors FXlift Trading.com Plus500 Standard YesYesYesECN/Raw spread YesNoNoDemo YesYesYesCent NoNoNoMicro NoNoNoSwap Free NoNoNoVIP NoNoNoManaged YesNoNoFXlift accounts trading conditions
FXlift offers three real accounts: Standard, Gold, and Platinum. Accounts differ in spreads and base currencies. Platinum accounts boast the most advantageous conditions for main fees but also require a higher minimum deposit. Standard and Gold accounts share the same minimum deposit requirement, but Gold offers slightly lower spreads. However, the Standard account is the only one that allows deposits in euros and czech korunas without conversion fees. In most cases, the choice of trading platform is a relevant consideration. However, this isn't the case with FXlift. The broker exclusively offers MetaTrader 4, a platform rightfully considered one of the most popular choices. While FXlift doesn't provide additional platforms for learning or conducting comprehensive market analysis before live trading, this functionality can be found elsewhere.
Account Types:
Account Type Description Demo No deposit is required since trading is conducted with virtual money. In terms of trading conditions, it fully corresponds to the Standard account, only, naturally, without executing trades on the exchange; Standard The minimum deposit is $500. The average spread is 2.1 pips, and the minimum fixed spread is 0.05 pips. There are no additional fees and a full CFD pool; Gold Deposit from $500. The average spread is 1.7 pips, and the minimum one is 0.05 pips. There are no trading fees, no trading restrictions, and leverage is up to 1:30; Platinum To start trading, a minimum deposit of $2,500 is required. The average spread is 1.5 pips, and the minimum one is 0.01 pips. There are no trading fees. Trades are from 0.01 lots, and all versions of the MT4 platform are available. When starting to work with a new broker, it is logical to test its capabilities on a demo account. This will allow you to understand how comfortable you are with the proposed conditions and experiment with strategies. Then, if everything suits you, you must decide which live account to open. Here, it is worth considering your trading priorities and available budget.
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Deposit and Withdrawal
Score:This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology5.8 /10FXlift received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
FXlift provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.
- No deposit fee
- Bank wire transfers available
- Bitcoin (BTC) accepted
- Minimum deposit below industry average
- BTC not available as a base account currency
- Wise not supported
- PayPal not supported
What are FXlift deposit and withdrawal options?
FXlift provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, Skrill, Neteller, BTC.
FXlift Deposit and Withdrawal Methods vs Competitors FXlift Trading.com Plus500 Bank Wire YesYesYesBank card YesYesYesPayPal NoNoYesWise NoNoNoBTC YesNoNoWhat are FXlift base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. FXlift supports the following base account currencies: USD.
What are FXlift's minimum deposit and withdrawal amounts?
The minimum deposit on FXlift is $500, while the minimum withdrawal amount is $1. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact FXlift’s support team.
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Markets and Tradable Assets
Score:The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria7.5 /10FXlift offers a limited selection of trading assets compared to the market average. The platform supports 300 assets in total, including 80 Forex pairs.
- 80 supported currency pairs
- Indices trading
- Copy trading platform
- No ETFs
- Limited asset selection
Supported markets vs top competitors
We have compared the range of assets and markets supported by FXlift with its competitors, making it easier for you to find the perfect fit.
FXlift Trading.com Plus500 Currency pairs 80 69 60 Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs. 300 69 2800 Stocks YesNoYesCommodity futures YesNoYesCrypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada. NoNoYesStock indices YesNoYesOptions NoNoYesInvestment options
We also explored the trading assets and products FXlift offers for beginner traders and investors who prefer not to engage in active trading.
FXlift Trading.com Plus500 Bonds NoNoNoETFs NoNoYesCopy trading YesNoNoPAMM investing YesNoNoManaged accounts YesNoNo -
Trading Account Opening
Score:We evaluated Trading Account Opening at FXlift by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.8 /10We successfully registered an account with FXlift in 8 minutes. The KYC verification was completed within 1 business day. The minimum deposit amount at FXlift is $500. This is one of the most accessible and hassle-free onboarding procedures on the market.
- Quick KYC verification (1 business day or less)
- Fully online account opening process
- Fast registration time (up to 15 minutes)
- Account setup process may feel less convenient for beginners
FXlift account opening FXlift Trading.com Plus500 Online Registration YesYesYesMinimum deposit $500 $50 $100 Mandatory KYC YesYesYesRegistration time (min) 8 20 KYC time (days) 1 2 3 Is FXlift available in my country?
If you are a citizen of United States, the broker accepts clients from your country.
Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.
Account opening details
This section provides a detailed description of all the steps leading up to starting your trading journey with FXlift, from registration and verification to opening an account and depositing funds. This will eliminate any questions you may have during the process. Experts at TU will also introduce you to the key features of FXlift’s user account.
Go to the official broker's website. In the top right corner, select your preferred language, either English or Czech. Click on "Open an account" or "Open live account.»
Provide your email, first and last name, country of residence, as well as landline and mobile phone numbers. Complete the captcha and accept the broker's privacy policy. Click "Next step».
Provide your date of birth, nationality, and gender. Fill in the fields with your full address and postal code, and indicate whether you hold U.S. citizenship.
Tell the broker about your experience, knowledge, and income. Indicate the amount you plan to use for trading in the near future, along with other details.
To set up your account, choose your account type, currency, and leverage. Create a strong password and enter it twice. Then, click "Next Step".
To complete the verification process, please confirm your data by providing scans or photos of your passport or identity card. Additionally, you'll need to confirm your residential address; recent utility bills, bank statements, or credit card statements can be used for this purpose. Click “Next step.”
Log in to your user account using the login, which is your email provided earlier, and password.
Go to the "Deposit Funds" section and deposit money into your account using the most convenient method.
Download the MT4 platform from the "Trading Platform" section on the website, and select the version that suits you: PC, mobile, or browser. Install it, enter your registration details, and start trading.
Your FXlift user account also provides access to:
- My Account. This one provides d an overview of your account and transaction history. You can also register another account and make internal transfers;
- My Profile. In this section, traders can provide scans or photos of documents for verification and change their password;
- My Trading Profile. This section allows you to change leverage and view the partnership program statistics, including the number of referrals and your income from them;
- Deposit Funds. This section allows to transfer the funds to the account balance by using the available method in the trader's region;
- Withdraw Funds. This section allows profit withdrawal using a bank transfer or a card.
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Customer Support
Score:We evaluated Customer Support at FXlift by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria4.7 /10The broker’s customer support shows noticeable weaknesses in responsiveness or communication quality. Delays in replies are common, and resolution may require repeated contact.
In TU testing, response speed was below expectations, and assistance was limited in depth. Traders who rely heavily on support may experience inconvenience.
InformationWhich currency pairs are offered as CFDs? What is the swap rate when trading stocks? Are there plans to introduce other platforms besides MT4? Often, questions arise from inattention or lack of expertise. Sometimes, important information is indeed missing from the company's website. Non-trivial trading situations cannot be avoided even when trading on a trusted platform. Whatever happens, or whatever moment interests the trader, FXlift support is ready to assist and advise. Support operates 24/5 and is available by phone and email.
- There are two main communication channels
- 24- hour support on weekdays
- Prompt response and consistently competent answers
- On weekends, the broker's clients are left to deal with their problems alone
- There is no live chat
The broker provides the following communication channels:
- Phone;
- Email.
For the fastest response, contact the broker by phone. Emails are typically answered within 12 hours, but only during the support team's working hours.
Contacts Registration address 2 Iapetou Street, Agios Athanasios, 4101 Limassol, Cyprus Regulation CySEC Official site https://www.fxlift.eu/ Contacts support@fxlift.eu trade@fxlift.eu +357 25054210, +357 25054215
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FAQs
How do reviews describe FXlift’s regulation status and overall safety level?
FXlift has a safety score of 1.5/10 in this review, and it is described as an unregulated broker with a low security level. The section notes that while FXlift offers negative balance protection and KYC verification, the absence of Tier-1 regulation and investor protection schemes may increase risks compared with brokers that meet those criteria.
What types of trading accounts are available with FXlift and how do their conditions differ?
FXlift offers Demo, Standard, Gold, Platinum, ECN/Raw spread, and Managed accounts, but does not provide Cent, Micro, Swap Free, or VIP accounts. Standard and Gold accounts both require a minimum deposit of $500 but differ in spreads and base currencies, while the Platinum account requires a $2,500 minimum deposit and offers lower average spreads and access to all MT4 versions.
What do user reviews and feedback indicate about overall satisfaction with FXlift?
FXlift has a user satisfaction score of 4.4/10 based on 5 reviews, with 40% of ratings at 1 star and no 5-star ratings, indicating mostly negative impressions. According to user reviews, 20% of ratings are 4-star, 20% are 3-star, and 20% are 2-star, suggesting a mix of experiences but a generally unfavorable overall tone.
Which markets and investment products can traders access with FXlift according to reviews?
FXlift supports 300 tradable assets, including 80 currency pairs, as well as stocks, commodity futures, and stock indices, but does not offer crypto, options, bonds, or ETFs. The review also notes that FXlift provides copy trading, PAMM investing, and managed accounts as additional investment options.
How do reviews describe the FXlift account opening process and minimum requirements?
The review states that opening an account with FXlift took 8 minutes, with KYC verification completed within 1 business day and a minimum deposit of $500. The process is described as accessible and relatively fast, although the account setup steps may feel less convenient for beginners.
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