FXFlat Review – All About the FXFlat
Nowadays, online investing is possible for everyone. You don’t have to be a professional to do this. Anyone can invest online, and you can do it with an online broker.
One of those online brokers is FXFlat. This review tells you about FXFlat, its rates, trading products, software, etc.
Nowadays, online investing is possible for everyone. You don’t have to be a professional to do this. Anyone can invest online, and you can do it with an online broker.
One of those online brokers is FXFlat. This review tells you about FXFlat, its rates, trading products, software, etc.
FXFlat Review: A Brief Introduction
The online broker FXFlat is based in Germany. FXFlat is regulated by the German BaFin. FXFlat is safe and reliable.
FXFlat started as a derivatives and Forex broker. Now FXFlat offers trading in multiple asset classes and financial instruments.
At FXFlat, it is possible to trade the entire spectrum of asset classes and financial instruments, including stocks, futures, bonds, commodities, currencies, Forex, and ETFs.
With FXFlat, you can invest on 135 exchanges in 33 countries. FXFlat has been around for over 25 years and has many years of experience. FXFlat is a professional broker with many advantages.
FXFlat’s customer service is Multilingual. So it’s easy to communicate with them when you run into something and have a question.
According to users, the customer service is excellent and outstanding. You can contact customer service by phone, email, or live chat.
FXFlat has favorable conditions and is transparent about the costs. Users are, therefore, constantly aware of the expenses. FXFlat works with multiple trading platforms, such as MetaTrader and TraderWorkstation.
If you want to practice before investing with real money, you can open a demo account. With this account, you can support for free for 30 days with € 10,000 in virtual fake money. This allows you to trade safely in the different types of instruments.
To open a demo account, you must first choose whether to register as a private or professional customer. After that, you can start and practice investing with the demo account. Would you like more information about another online broker? Also, please take a look at our other online broker reviews.
FXFlat Review: Is FXFlat Safe and Reliable?
An online broker must be safe. Of course, you don’t want someone else to be able to access your account and that you get help when something goes wrong.
Some users have a lot of money in an account. An online broker must be able to offer protection to the client.
As mentioned earlier, FXFlat is regulated by the BaFin.
They have regulated them for over 20 years. FXFlat is a safe and reliable broker.
When opening an account, you get deposit insurance. In the event of insolvency, this insurance offers up to 90% of the investor’s claim from securities transactions up to a maximum of € 20,000 per investor.
You can secure your MetaTrader investment account even more. Additional insurance with a deposit guarantee covers credits up to € 500,000. The comprehensive insurance coverage is free for clients and is valid for all MetaTrader investment accounts.
FXFlat Review: How to Start at FXFlat
You can start at FXFlat by creating an account on the website. You can choose from a live performance or a standard version.
You can also choose between a standard account for individuals or a professional version for companies. Opening an account with FXFlat is very easy and fast.
You open an account with FXFlat by filling in your contact details.
You can deposit money into the account immediately or pay afterward.
You can pay via different payment methods: bank transfer, PayPal, Neteller, Skrill, iDEAL, Sofort, and credit card.
Then you identify yourself with the PostIdent method. With the PostIdent method, you can identify yourself via your smartphone.
To identify yourself, take a photo of your identity card or identify yourself via video chat. You can create an electronic identity card. With the electronic identity card, you can quickly identify yourself.
You will receive a confirmation in the email once your identity is verified. Now you can start with your new FXFlat account and start trading.
The minimum deposit in a standard account is €200,-. Regarding the professional version, there is a minimum deposit of € 200 and a maximum of € 100,000,-.
FXFlat Review: Mobile App
FXFlat has an application. With the FXFlat application, you can invest anywhere and anytime you want.
You can use the application on your mobile phone or tablet. FXFlat’s mobile app is available for Android and iOS devices.
All platforms are available in computer, laptop, tablet, or mobile. So you no longer have to sit at home at the computer or laptop to trade online.
FXFlat Review: How Does the FXFlat Trading Software Work?
The FXFlat trading software can be used via mobile phone, computer, or laptop. You can choose from different add-ons so that the platforms work better.
For example, you can choose from the MetaTrader Plus add-ons, the Forex Screener, the signal server, and the VPOK volume profile.
It is possible to choose between different platforms. For example, there are the MetaTrader 4 and 5 platforms, the Trader Workstation, Stereotrader, and the Agenatrader Mercury. The other platforms and their functionalities are further described below.
FXFlat Review: Comparison Platforms
MetaTrader 4
The MetaTrader 4 platform is the most famous trading platform in the world. This platform gives you access to detailed reports, historical data, and analysis tools. MetaTrader 4 tests auto-trading strategies in backtests.
MetaTrader 5
With the MetaTrader 5 platform, futures, Forex, and CFDs are tradable. With this platform, you can access unlimited charts in 21 time frames, technical analysis with more than 80 indicators and analysis tools, and insight into the business calendar and financial news.
Trader Workstation
Experts develop the Trader Workstation. On this platform, all exchange products are tradable. There are over 135 exchanges available, and you get real-time access to comprehensive news, research, and fundamental market data.
Stereotrader
With the Stereotrader platform, you can trade quickly with one click. You can use intelligent orders and trading modes. You get access to isolated strategies with this platform.
Agenatrader Mercury
FXFlat develops Agenatrader. This platform includes over 150 indicators, a powerful real-time scanner, and drag & drop order connections.
FXFlat Review: Tools
FXFlat offers many valuable charts and analysis tools. With these graphs and analysis tools, you can view statistics and learn to analyze.
At FXFlat, you get access to various tutorials and seminars. Experienced traders create these tutorials and workshops. This can help you learn how to invest.
You gain insight into the statistics and graphs, making investing more accessible. The tutorials and seminars give you good tips that you can use when investing.
The online seminars are held weekly. The old workshops that have been stored can be found on their YouTube channel.
When you open a live investment account, you will receive a free investment book. This book contains all the information about investing and good tips for investors.
FXFlat Review: Trading Products Offering
FXFlat offers a large number of trading products that you can invest in. The different options to trade are:
- Shares
- ETFs
- Derivatives
- Options
- Futures
- Currency
- Forex trading
- Indexes
- Raw materials
At FXFlat, you can trade on 135 exchanges in 33 countries with 23 account currencies.
So you can change all over the world.
With FXFlat, you have access to the most exchanges, countries, and account currencies than ever before. You can create an account with FXFlat with Interactive Brokers LLC, which is based in the United States.
FXFLat Review: How Is FXFlat’s Customer Service?
FXFlat’s customer service is rated very well. FXFlat stands out from other online brokers because their customer service is so good. FXFlat’s customer service is available 24 hours a day, seven days a week.
The customer service is amicable and helpful. The customer service has a lot of knowledge about investing, which is a big plus. So you can also ask them questions about investing itself.
FXFlat’s customer service speaks Dutch. This makes communication easier. You don’t need to be able to speak German or English to communicate with customer service.
There are several ways to contact FXFlat customer service.
Chatting live, sending an email, or calling customer service is possible.
FXFlat has received multiple awards and prizes for its excellent customer service. FXFlat has received these awards from the press and the customers themselves.
FXFlat is number 1 at the German customer institute. FXFlat has received the highest score of all online brokers tested as ‘best derivatives broker 2020’.
FXFlat Review: How Are the FXFlat User Experiences?
Most of the users’ experiences are excellent.
Users are most pleased with the sound, friendly, and professional customer service.
On the well-known review website Trustpilot you can see that the users are delighted with the customer service. They find the customer service very good and helpful.
Customer service helps the users well on their way with their questions and knowledge about investing. The employees take the time for the customer to explain the necessary.
87% of the FXFlat reviews on Trustpilot are positive and are primarily about good customer service. 3% of FXFlat reviews on Trustpilot are average.
10% of the FXFlat reviews on Trustpilot could be better. These FXFlat reviews are generally about the plugins and refunding deposits after dissatisfaction.
FXFlat Review: Whether or Not to Start with FXFlat
FXFlat can be a good option for both novice and professional investors. There are many opportunities to learn investing with charts, analysis tools, statistics, tutorials, and seminars.
This makes it a good option for the novice investor. You cannot hold a wallet for crypto at FXFlat. You must create an account with another online broker, download a wallet or purchase an external one.
FXFlat has been around for over 25 years and has much experience. They have had the opportunity to optimize everything on their website and platform, and they have continued to develop. At FXFlat, you trade at cheap rates, and it is very affordable compared to other online brokers.
Frequently asked questions
What is the online broker FXFlat?
The online broker FXFlat is a broker based in Germany. They have more than 25 years of experience in the financial world. FXFlat started as a derivatives and Forex broker.
It is possible to trade the entire spectrum of asset classes and financial instruments, such as stocks, bonds, futures, commodities, currencies, Forex, and ETFs.
What platforms are available at FXFlat?
There are many different platforms available at FXFlat. For example, you can use MetaTrader 4 and 5, Trader Workstation, Stereotrader, and the Agenatrader Mercury. Moreover, there are several plugins available. The plugins make the platforms work better.
Does FXFlat have a mobile app?
FXFlat has a mobile app. This mobile app can be used on all Android and iOS products. This makes it possible to trade whenever you want and wherever you are.
What are the FXFlat rates?
The minimum deposit is €200,-. You don’t pay commissions on transactions, and you don’t pay any management fees.
For which investor is FXFlat suitable?
FXFlat is best suited for novice and professional investors. Several resources are available to learn investing as a beginner, but the platforms you can use are extensive enough for the experienced investor.
Do you know how I can contact FXFlat?
You can contact FXFlat via customer service, which can be reached in various ways. You can contact them via live chat or email or call them to ask your questions.
FXFlat Review: Conclusion
In this FXFlat review, you have been able to read everything about the online broker FXFlat. At FXFlat, you can first practice by using a demo account.
Would you instead start trading right away? Then you have choices from different types of accounts and trading platforms. FXFlat has an app available to invest on your smartphone or tablet.
The users of FXFlat are delighted with the customer service. Users are well helped, and the staff are friendly. By the way, customer service has a lot of knowledge about how investing works with FXFlat. For this, FXFlat has won several awards and prizes.
The Review
FXFLAT
In this FXFlat review, you have been able to read everything about the online broker FXFlat. At FXFlat, you can first practice by using a demo account.Would you instead start trading right away? Then you have choices from different types of accounts and trading platforms. FXFlat has an app available to invest on your smartphone or tablet.The users of FXFlat are delighted with the customer service. Users are well helped, and the staff are friendly. By the way, customer service has a lot of knowledge about how investing works with FXFlat. For this, FXFlat has won several awards and prizes.
PROS
- Regulated
- Large asset selection
- Multiple trading platforms
CONS
- more expensive
Review Breakdown
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Trading experience
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Trading conditions
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Platforms and Tools
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Fees and commission
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Customer Support
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Security and safety
FXFLAT DEALS
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