EuropeFX, headquartered in Limassol, Cyprus, is now a well-established player in the regulated online trading market. Offering STP forex, CFD and crypto trading across multiple platforms and a suite of add-ons to suit every type of trader, EuropeFX is fast becoming the brokerage of choice for retail investors.
Regulation & Security
EuropeFX is owned and operated by Maxiflex Global Investments Corp Limited, a fully-regulated Cyprus Investment Firm (license number 258/14) that operates in compliance with all MIFID II guidelines regarding transparency and client protection.
Client deposits at EuropeFX are processed through regulated payment processing partners ((Skrill (FCA), SafeCharge (Central Bank of Cyprus), SOFORT (BaFIN) and iDeal (AFM)), and all financial information is held on PCI-compliant servers for maximum security.
To ensure maximum protection of clients’ funds, all deposits are held in segregated accounts, and are protected by the Investor Compensation Fund (ICF) up to €20,000 in the unlikely event that EuropeFX is unable to meet its obligations to its clients.
Platform and Add-Ons
EuropeFX has two trading platforms; the now ubiquitous MT4 for desktop and mobile, and EuroTrader for browser-based trading. What makes EuropeFX stand out from other brokerages, however, are the built-in add-ons available at no extra cost with all account types.
TradeWorks Add-On
Tradeworks provides out-of-the-box Expert Advisors (EAs), and allows EuropeFX clients to build and back-test their own automated trading systems on live or demo accounts.
Mirror Trader Add-On
Mirror Trader is a tracking system that enables EuropeFX clients to follow the trading activity of a community of strategy developers, and copy winning strategies into their own trading accounts.
Robox Add-On
Robox establishes the trading and risk management profiles of individual EuropeFX clients, and provides automated strategies to suit their trading styles.
Account Types
Demo Account
EuropeFX offers a 100% risk-free demo account for its clients to test strategies and practice trading on an exact replica of the live MT4 platform.
For live accounts, all trades are executed using the transparent and client-friendly Straight Through Processing (STP) model, which removes any conflict of interest between broker and client.
EuropeFX has five live account types to choose from, all of which enjoy the maximum amount of leverage (30:1) permitted under new ESMA regulations and a variable spread of 0.1 pips.
Bronze Account
- Initial Deposit: GBP200
- Micro Lots: Yes
- VIP Services: No
- Commission: 2 pips per lot
- Margin Call: 60%
Silver Account
- Initial Deposit: GBP2,500
- Micro Lots: Yes
- VIP Services: No
- Commission: 1.5 pips per lot
- Margin Call: 60%
Gold Account
- Initial Deposit: GBP5,000
- Micro Lots: Yes
- VIP Services: No
- Commission: 1 pip per lot
- Margin Call: 60%
Platinum Account
- Initial Deposit: GBP10,000
- Micro Lots: Yes
- VIP Services: Yes
- Commission: Contact EuropeFX for more information
- Margin Call: 70%
Premium Account
- Initial Deposit: GBP25,000
- Micro Lots: Yes
- VIP Services: Yes
- Commission: Contact EuropeFX for more information
- Margin Call: 100%
Pro Account
EuropeFX offers a Pro Account with access to leverage up to 200:1 to experienced clients.
Account funding and withdrawals
Deposits can be made by wire transfer, Visa / Mastercard, Skrill, SOFORT, iDEAL, Giropay, SafePay, TrustPay and Przelewy and do not incur any fees. Withdrawals are also free for accounts funded by credit card or Skrill, otherwise are charged at 40 units of the client’s account base currency.
Education & signals
EuropeFX’s comprehensive Education Center provides video courses on a wide range for topics from market analysis to trading psychology, EBooks, market news, access to webinars and daily signals from their partner Trading Central.