Founded in 2006, DirectFX is an established retail broker that operates from Kingstown, Saint Vincent and the Grenadines. They offer access to multiple financial instruments across different asset classes — forex, metals, shares, energies, futures, indices, and more. They provide traders with the MT4 trading platform, which is available in desktop, web, and mobile versions. Their clients benefit from competitive trading conditions, such as tight spreads, leverage of up to 1:400, zero commission, various account options, and more. The broker provides traders with comprehensive educational resources and a knowledgeable client support team. The minimum deposit required to start trading is $100.
DirectFX Review Introduction
In this DirectFX review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers, including DirectFX.
DirectFX Platforms & Tools
DirectFX provides traders with the MT4 trading platform. It is an advanced trading platform that is replete with various trading tools to help users get the most out of their trades. The platform was introduced in 2005 by MetaQuotes and has continued to evolve, gaining massive acceptance among forex and CFD traders. It features over fifty customizable technical indicators, three different chart types, expert advisors, and more. The broker makes the MT4 trading platform available as a desktop application for Windows and Mac computers, WebTrader that runs directly on modern web browsers, and a mobile app that is compatible with Android and iOS devices.
DirectFX Research & Education
There is a good selection of learning resources on the broker’s website. These educational resources are designed to improve clients’ trading skills and knowledge, and they include learning articles, news &analytics, newsletters, advanced training courses, and more.
DirectFX Trading Accounts
DirectFX provides traders with two live trading account options, namely: Standard and Premium accounts. While the Standard account requires a minimum deposit of $100, the minimum deposit required to start trading with the Premium account is $500. The broker provides traders with a demo account for practice purposes.
DirectFX Account Funding
At DirectFX, all deposit and withdrawal requests are processed using bank transfers and some online payment processors, such as Neteller, Skrill, Sofort, and more.
Some payment methods may not be available in specific countries, and the time taken to process transactions may vary depending on the payment method in use.
DirectFX Customer Service
DirectFX provides traders with a knowledgeable client support team who are available 24/7 to respond to clients’ technical, general, and account-related inquiries. The support can be contacted through telephone, email, and social media.
There is no regulatory information on the broker’s website at the moment. An unregulated does not guarantee the safety of clients’ invested funds.
DirectFX Review Summary
Launched in 2006 in Saint Vincent and the Grenadines, DirectFX is a multi-asset brokerage firm. They are aimed at providing a global clientele with secure access to several financial markets. Trades are executed via the MT4, which is available in desktop, web, and mobile versions. Their traders benefit from different favorable trading conditions. In addition, the broker provides traders with various learning tools and a professional client support team. The minimum deposit requirement is $100. There is no regulatory information on the broker’s website at the moment.
It is worth mentioning that some of the trading products and services in this DirectFX review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the DirectFX broker website, which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.