Binary options are prohibited in the European Economic Area. Between 74-89 % of retail investor accounts lose money when trading CFDs.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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100XFX Broker Review

  1. 100XFX is a broker regulated on and operated by the company named 100XFX Ltd. This company is incorporated in St Vincent and Grenadines under number 24564. The 100XFX broker is regulated with license registered and issued at the same place, which means it has St Vincent and Grenadines regulation. With 100XFX traders can trade forex, commodities, stocks, indices, and cryptocurrencies. In the continuation of our review, we will show if this broker is another scam broker available on the market!

  2. Account Features

    The 100XFX broker claims to offer diversity in its accounts and allow trading of all types for each trader – from beginner to professional. A different Account LVL comes with a variety of trading bonus and benefits. We, at FairForexBrokers.com, listed each of them for you:

    Bronze Account

    • Minimum Deposit – $500
    • Type of spreads – Fixed
    • Average spreads (pips) – 2
    • Commision – 0
    • Leverage – 100
    • MetaTrader4 – Yes
    • Mobile App – Yes
    • Direct support with a client – One time only

    Silver Account

    • Minimum Deposit – $2,000
    • Type of spreads – Fixed
    • Average spreads (pips) – 1.5
    • Commision – 0
    • Leverage – 100 (flexible)
    • MetaTrader4 – Yes
    • Mobile App – Yes
    • Direct support with a client – 5

    Gold Account

    • Minimum Deposit – $10,000
    • Type of spreads – Fixed
    • Average spreads (pips) – 1.2
    • Commision – 0
    • Leverage – 100 (flexible)
    • MetaTrader4 – Yes
    • Mobile App – Yes
    • Direct support with a client – 15
    • Risk Management – Yes
    • Advanced Strategies – Yes

    VIP Account

    • Minimum Deposit – $30,000
    • Type of spreads – Fixed
    • Average spreads (pips) – 0.8
    • Commision – 0
    • Leverage – 100 (flexible)
    • MetaTrader4 – Yes
    • Mobile App – Yes
    • Direct support with a client – Unlimited
    • Risk Management – Yes
    • Advanced Strategies – Yes

    Also, this broker allows all Islamic traders to use account specially created just for them:

    Islamic Account

    • Minimum Deposit – $2,000
    • Type of spreads – Fixed
    • Average spreads (pips) – 2
    • Commision – 0
    • Leverage – 100 (flexible)
    • MetaTrader4 – Yes
    • Mobile App – Yes
    • Direct support with a client – 5
    • Risk Management – Yes

  3. Try trading with an award-winning broker like IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs
  4. Testimonials FairForexBrokers Your capital is at risk

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  5. Trading Software & Assets

    As we already said many times, the MetaTrader4 platform is the most widely used trading platform. We are happy to say that this broker is using MetaTrader4 platform which is approved by both beginner traders and professionals. This platform is really easy to use and it’s offering great trading features and options like – different graphs, technical analysis, simple marketplace and many other things important for successful trading.

    Mobile App

    After trader access the MetaTrader4 platform and starts trading, the same process can be done with the mobile app. This application allows each Android user to log in with the same login and password and enter the trading ‘on the go’. This way traders can trade at any time from any location provided with the internet.

    Education

    The 100XFX broker claims that their trading platform for a long time had many students who have become financial traders in the world. Also, what’s interesting is that their instructors with a long history of trading and experience want to convey all their knowledge directly to you as a trader. As stated on their website; for all questions and answers, contact the 100XFX customer support team!

  6. If you want to trade with an award-winning licensed broker, we recommended using IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs

  7. Support Information

    There are several ways to contact the 100XFX customer support team One of them is direct support email: [email protected] Also on the broker website, traders can find UK telephone number +442034682218.

    Working hours for this broker are: Monday to Sunday 9:00 AM – 8:00 PM

    Also, there is an option to send a direct message to the broker via a customer support ticket form.

  8. Try trading with an award-winning broker like IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs

  9. Banking & Company Information

    At the website, this broker does not have any detailed information on the deposit. What our team has been able to find are the options listed on the account type page and they are:

    • Maestro
    • Mastercard
    • Visa
    • American Express
    • Qiwi
    • Yandex
    • Postepay

    Also, you can transfer money directly with the bank wire. We cannot confirm that all these info is 100% correct but we never got a chance to prove yourself correct information.

    Verdict

    There are different concerns about this broker and we don’t advise our clients to deposit with this broker. Although it offers different spreads, various account types and instruments, this broker is registered offshore, does not provide any additional info about the trading or even demo account and live trading options are really high. That’s why we advise our readers to find regulated and honest broker listed in our popular sections on FairForexBrokers.com

  10. Conclusion:

    We make it our mission to not recommend anything but the best – which, according to industry experts, is IQ Option, the top regulated broker for your country with a minimum deposit of ONLY $10!

    • FREE $10,000 demo account
    • Award-winning trading platform
    • Licensed and regulated broker

    Trade with an
    award-winning broker
    like IQ Option

     

     

    Between 74-89 % of retail investor accounts lose money when trading CFDs
    11. Your capital is at risk

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