Our EuropeFX Review
EuropeFX is a Cyprus based CFD and Forex broker. The broker was founded in 2012 and they started their service in 2013. The broker work as the straight through processing (STP) execution model. EuropeFX offers EuroTrader 2.0, HTML5 web trader, MT4 trading platform, automated trading via RoboX, and social trading through Mirror Trader. They offer more than 300 tradable assets.
EuropeFX Trust and regulation
The EuropeFX is owned and operated by MAXIFLEX LTD. The parent company is a CIF (Cyprus Investment Firm), license number HE327484, regulated by the CySEC. The broker is regulated by both CySEC (Cyprus Securities and Exchange Commission) with this 258/14 registration number and the AFSC (Australian Financial Services Commission).
Also, it is in agreement with the EU’s FID with this license 2014/65/EU or MiFID II, and the EU’s 5th AMLD.
EuropeFX’s official headquarters is located at 46 Ayiou Athanasiou Avenue, Floor 1, Office 101, 4102 Limassol, Cyprus.
As per EU’s FID under 2014/65EU or MiFID II clients funds protected up to €20,000. And they offer negative balance protection.
Also, the EuropeFX registered with Denmark, Germany, Italy, Netherlands, Sweden, Spain, Austria, Norway, and Finland.
EuropeFX account types
EuropeFX offers 5 types of account options. On their official website, they have a good account comparison table. They offer Bronze, Silver, Gold, Platinum, and Premium account.
It is sad but the truth is EuropeFX account structure is fairly complex. Each account starts with a different deposit and each account has different features. Here is some highlight of all accounts:
DEPOSIT
Bronze account: The starting funding is $1,000.
Silver account: The starting funding is $2,500.
Gold account: The starting funding is $10,000.
Platinum account: The starting funding is $25,000.
Premium account: The starting funding is $50,000.
But you can start trading with a minimum $200 deposit. Clients will get the biggest discount for a higher deposit.
DISCOUNTS
Gold account: 10% discount
Platinum account: 25% discount
Premium account: 50% discount
Clients with a higher deposit will get more benefits, and trading opportunities. Also, there is private trading sessions, EuropeFX Investments Mirror Trader, event room, SMS Trading Notifications, RoboX, and VIP client support available.
Opening an account at EuropeFX is an easy process. Fill up your information (name, email, phone number, email, pass, and country) and submit. After submitting you will get redirect to your client portal area. Here you can complete your profile by providing more additional information and documents.
EuropeFX offers maximum leverage of 1:30, professional leverage is 1:200, Variable Spread 0.1 pip, Segregated Bank account, and Stop Out Level 50%.
You can trade 50+ FX currency pairs, and 6 cryptocurrency pairs 111 equity CFDs, 13 index CFDs, and 15 commodities. Also available indices, shares, and stocks.
EuropeFX does not offer services to residents of North Korea, Sudan, the United Kingdom, USA, Syria, Crimea, New Zealand, Iran, and Cuba.
EuropeFX trading platforms
The broker offers their own EuroTrader and award winning MT4 trading platform. These multiple platforms are suitable for both novice and professional traders.
MT4 and EuroTrader 2.0 platform is available for web trader, PC/Mac user and smartphone user only can use the MT4 platform. The mobile version is known as eFXGO.
EuropeFX MetaTrader 4 Features
- Special and Advanced order types (Market Orders, Pending Orders, Stop Orders, Trailing Stops)
- Customizable indicators via MQL4
- EAs available for Automated trading
- Over 50 technical indicators
EuropeFX EuroTrader 2.0 Web Platform Features
EuroTrader is a special platform for forex and CFD trading. It is a web based platform, below some of the features:
- Supports Forex, Stocks, Indices, Commodities, and Cryptocurrencies
- One-click trading
- Multiple timeframes and chart types
- Trade directly from charts
- Customizable indicators
EuropeFX Mobile Trading Platforms
EuropeFX clients have MT4 and eFXGO for mobile trading, both are available for IOS and Android operating system.
If you are looking for the download option you will find the download link on their official website. The app is available on the Apple AppStore and google play store.
EuropeFX MT4 Mobile App Features
- Multiple order types
- 3 chart types and 9 timeframes
- 30 technical indicators
EuropeFX eFXGO Mobile App Features
- EuropeFX Analysis
- Real time quotes and prices update
- Advanced charting tools
- Over 100+ trading assets
EuropeFX Unique features
The EuropeFX offers 2 unique assets from FinTech firm consists of Mirror Trading and RoboX. These features for the latter enhance automated trading and social trading.
Mirror Trading becoming more popular day by day. RoboX is a special tool for traders in automated trading strategies.
EuropeFX Deposit and Withdrawal options
EuropeFX offers a variety of funding methods for deposit and withdrawal. EuropeFX supports Visa, MasterCard, Debit or Credit Card, Euteller, emerchantpay, AstroBank Ltd, Netteller, Przelewy24, Skrill, Sofort, Ideal, Paypal, WorldPay, MyBank, Safety Pay, Bilderlings bank, Trust Pay, Giro Pay, and bank wire transfer.
Per AML requirements clients need identical payment options and trading accounts.
The withdrawal fee is 25 USD/GBP/EUR and it can take up to 1 to 5 business days, it depends on the payment method.
EuropeFX Education and Research
EuropeFX offers a ton of content to educate their clients and provides trader research.
They provide YouTube daily videos, Market News, articles, analysis, and economic colander.
A client can easily access signals and trading research from Trading Central and there is a download option in the MT4 plugin.
EuropeFX has a Video Academy that covers a lot of things. This academy provides basic guidelines, candlesticks pattern, chart pattern, MT4, EuroTrader, stock market trading guideline, and more.
Under the Market News section, they publish some excellent third party research that are consists of eight sub-categories.
EuropeFX Customer Support
EuropeFX has a good client support team. They offer client support from 9 am to 9 pm Monday to Friday (Cyprus time) via live chat, phone, web form, and email.
You will get an FAQ option on the EuropeFX website that answers the most common questions.
Some additional support available via WhatsApp: +35799899693, Viber: +35799899693 and Telegram: +35799899693.
Contact info:
- Email: [email protected]
- Phone: +35724022444
Phone:
- CY: +357 24 022 444
- DE: +49 303 080 7676
- UK: +44 870 8200 300
Social Media:
- https://www.facebook.com/EuropeFX/
- https://twitter.com/Europefx_
- https://www.linkedin.com/company/europefx/
- https://www.youtube.com/channel/UCcRJtdbqaEQIw9OAv7QNHCg
This site and company is a scam
It’s was so untrue to me at the end when I found out that all this they were waiting for me to pile up all my fund so they can scam me all my money. I almost lost everything to them, if not for some reviews I read about a recovery expert agent company One Standard Finance via head lines they were able to help some people to recover their funds, so i decided to give them a try, Glad I did, I was able to get all my money back within 24 hours.
This firm was exposed by Dutch journalist Kees van der Spek as being only looking to scam people out of their retirement money.
This company is a scam. They claim to no longer operate as they have lost their CIF but they are still running here and elsewhere. “We regret to inform you that Maxiflex Ltd (the owner and operator of the domain name EuropeFX) has taken the difficult decision to voluntarily renounce its CIF license. This means that the company no longer provides/carries out investment services/activities and/or enters into any business transaction with any person nor does it accept any new clients.” The small print is inaccurate as they do ‘training’.
Scam – “We regret to inform you that Maxiflex Ltd (the owner and operator of the domain name EuropeFX) has taken the difficult decision to voluntarily renounce its CIF license. This means that the company no longer provides/carries out investment services/activities and/or enters into any business transaction with any person nor does it accept any new clients.”
Today I got called from a recovery room scam
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