Introduction
FxiBrokers is a website that offers forex and CFD trading. They are based in Bulgaria and are regulated by the Financial Supervision Commission (FSC). The company was founded in 2014 and since then, they have been providing their clients with a platform to trade in a variety of financial instruments. In this FxiBrokers review, we will take a look at the company’s background, their services, and whether or not they are a legitimate broker.
What is FxiBrokers?
FxiBrokers is an online broker that offers a wide range of financial instruments for trading. These include forex, CFDs, futures, options, and stocks. The company is headquartered in the United States and is regulated by the US Securities and Exchange Commission (SEC).
FxiBrokers was founded in 2009 by two experienced traders, Brandon Carter and Justin Hertzberg. The company has since grown to become one of the leading brokers in the online trading industry. FxiBrokers offer their clients a user-friendly platform, competitive spreads, and excellent customer support.
How does FxiBrokers work?
FxiBrokers is an online broker that offers trading in forex, CFDs, and precious metals. The company is headquartered in the Marshall Islands and is regulated by the International Financial Services Commission (IFSC).
FxiBrokers provides its clients with access to the MetaTrader 4 trading platform and a mobile trading app. The broker also offers a demo account so that traders can practice trading before putting real money on the line.
To open an account with FxiBrokers, a minimum deposit of $100 is required. Once an account has been opened, traders can deposit funds using Credit/Debit Cards, Bank Wire Transfer, or e-wallets such as Skrill and Neteller.
Once funds have been deposited, traders can start trading immediately. FxiBrokers offers leverage of up to 1:500 and does not charge any commissions on trades.
The company provides customer support 24/5 via Live Chat, Email, and Telephone.
Is FxiBrokers a scam or legit?
If you’re looking for a broker that offers forex and CFD trading, you may have come across FxiBrokers. But is this broker legitimate or a scam? In this review, we’ll take a look at what FxiBrokers has to offer and whether or not they can be trusted.
FxiBrokers is a forex and CFD broker that offers its services through the MetaTrader 4 platform. This platform is available for desktop, web, and mobile devices, so you can trade on your own terms. With over 50 currency pairs and CFDs available for trade, there’s plenty of opportunity for profit.
However, before you deposit any money with FxiBrokers, it’s important to do your research. There are many complaints online about this broker, including allegations of account fraud and non-payment of withdrawals. While we can’t verify these claims ourselves, they are something to be aware of.
In our opinion, FxiBrokers is not a reliable broker and we would not recommend them to our readers. There are too many red flags and negative reviews for us to feel comfortable recommending them. If you’re looking for a forex or CFD broker, we suggest checking out one of our recommended brokers instead.
The verdict
The FxiBrokers review concludes that it is a legitimate and reliable broker. However, there are a few things to be aware of before signing up. First, the spreads can be high compared to other brokers. Second, the customer service could be better. Overall, though, FxiBrokers is a good choice for those looking for a reliable and easy-to-use online broker.
Conclusion
Overall, we would say that FxiBrokers is legit. They offer a variety of account types and investment products, and their fees are relatively low. However, there are some drawbacks to using this broker. For example, their customer service is not the best and they don’t have a mobile app. If you’re looking for a broker that offers great value and has a solid reputation, we would recommend checking out FxiBrokers.