EuropeFX is an international Forex CFD broker, that is licensed and regulated in Cyprus by CySEC. Customer support email is: [email protected]. Official website site is: https://europefx.com/.
Traders with withdrawal problems should read this.
Warning! Don’t use an Algorithm trading app, until you read this!
EuropeFX Review
Investors at EuropeFX are given access to the MT4 trading platform, which has a Web Trader and their eFXGO mobile app for Android & iOS. They offer a wide variety of assets to trade including; Forex / Currency pairs, Commodities (oil, gold silver), Indices and CFD’s for shares trading.
Commissions are 2 pips per lot, and the maximum Leverage is limited to 30:1 due to ESMA rules. Professional traders can get margin rates of 200:1. The website is available in the following languages; English, Nederlands, Swedish, Italian and German. You can create multiple demo trading accounts to test out the platform and your trading strategies.
The minimum required deposit for a the smallest “Bronze” account is €1,000, which is very high. At a broker like ForTrade, you can start trading with just $100.
Free Trading Signals
Once you have created your account, and logged in, you will see that EuropeFX provides free access to Trading Central.
Trading Central is a popular system which analyzes all markets and give investors alerts and signals for potential trading opportunities.
EuropeFX License & Regulations
The way you know a Forex broker is not a scam is by checking their regulatory status. When you see that they hold a valid license from a financial regulator, you can be sure that they are a legitimate broker. A CySEC licensed broker can offer brokerage accounts to all countries that are members of MiFID in the European Union.
On June 15th 2020, the FCA in England issued an alert: “UK consumers should be aware that these Cyprus registered firms no longer hold relevant permissions to conduct regulated activities with UK consumers.” Read more.
EuropeFX is a CySEC regulated CFD broker, holding license number 258/14 since November 10th 2014. You can see their official license on CySEC’s website.
Owned and operated by: MaxiFlex LTD, they are located at: 46 Ayiou Athanasiou, Interlink Hermes Plaza, First Floor, Office 102, CY-4102, Ayios Athanasios, Limassol, Cyprus. Contact phone number is: +35724022444.
Compare Popular Brokers
There are many CFD brokers online, and they are all competing for your business. Try a few brokers, and see which one is best for you. Always verify that your broker is licensed by your local financial regulator (i.e. FCA United Kingdom).
ForTrade is a popular broker, with a license from the FCA in United Kingdom since 2014, see here.
You get an easy trading app, and Free Demo Accounts. Learn more at: ForTrade.com.
What was your trading experience like with the brokers at Europe FX? Write your review in the comment section below.