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CedarFX

Foundation Year: 2020

Regulation: None

Headquarters: First Floor, First St Vincent Bank Building, James Street, Kingstown, St. Vincent and the Grenadines

5.0/5 (2 Users)

CedarFX review with highlights 2021

Published on 3 December 2020
Broker Overview
Foundation Year2020
HeadquartersFirst Floor, First St Vincent Bank Building, James Street, Kingstown, St. Vincent and the Grenadines
CountryFirst Floor, First St Vincent Bank Building, James Street, Kingstown, St. Vincent and the Grenadines
TelephoneNo
Fax No.No
Regulated ByNone
Min. Deposit10 USD
Max Leverage1:500
Withdrawal MethodsBitcoin (BTC)
Funding MethodsBTC, Visa/Mastercard, Wire Transfer
Base CurrenciesEUR, USD, GBP, BTC
Tradable OptionsForex, Cryptos, Stocks, Futures, Indices, Metals, Futures
Web TradingYes
Mobile TradingYes
Type Of BrokerSTP/ECN
Min. SpreadsVariable
Free Demo AccountYes
Mini AccountsYes
VIP AccountsYes
Managed AccountsYes
Segregated AccountsYes
Swap Free AccountsYes
PromotionNo Commission Account / Eco Account

CedarFX is a cryptocurrency and forex broker that offer service to trading worldwide. The broker offers very good service, they offer 0% commission account.

CedarFX offers more than 170 tradable assets and ultra-low spreads.

Highlights

  • The 0% Commission Account
  • The MT4 trading platform
  • The maximum leverage is 1:500
  • 170+ tradable assets for their clients
  • First Forex broker to offer Eco accounts
  • Withdrawal request reviewed within 24 hours

CedarFX account types

There are two types of accounts available for their clients, the one is the eco account and 0% commission account. Also available demo account.

0% Commission Account

The broker offers this account to help their clients to make more profits. CedarFX 0% commission account will give you the chance to open a position with your full deposit.

Also, they offer 0 fees for deposit in fiat currency or Bitcoin. And only the offer is not only for a deposit, it also available for withdrawal. Check below these account features:

  • The minimum deposit is $10 (BTC) or $50 for other methods.
  • The trading platform is MT4.
  • The Spread starts from around 0.7 pips.
  • The Leverage depends on the instrument but the maximum leverage is 1:500
  • An already mentioned and the name suggest $0 commission.

Eco account

The good account that first time offers CedarFX broker. This eco account also offers a good opportunity. The account charge $1 in commission. The account is really special for environment favorable traders. The account takes charge of $1 for planting a tree.

Account features:

  • This account's minimum deposit also the same as the 0% commission account, $10 (BTC) or $50 for other methods.
  • The Spread starts from around 0.7 pips.
  • The maximum Leverage is 1:500, the condition is the same as the other account.
  • Charge $1 commission per lot.

Trading Platform

CedarFX offers to trade with the MT4 trading platform. The platform is very popular for features and updates. Check below the highlights of the account:

  • Available for WebTrader, Desktop, and mobile apps
  • Offers EAs, scalping, hedging, robots, etc.
  • Offers 9 different timeframes
  • 2000+ free custom indicators
  • 700+ paid indicators
  • 30 built-in indicators
  • 4 Pending order types (buy limit, sell limit, buy stop and sell stop)

Deposit and withdrawal

There are various options available for deposit and withdrawal. The minimum deposit is $10 for bitcoin and $50 for other options. There is no maximum limit and the minimum withdrawal is $10.

Customer Service

The broker offers 3 options to contact them. The broker provides support 24/7, you can contact them for anything through live chat, email, and callback option.

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