AssetsFX offers its clients a single account type with tight variable spreads, leverage up to 1:200 and the option to use micro tradeable lots on the MetaTrader 4 platform.
The trading conditions of this broker seem really attractive – the minimum initial deposit required, as well as the maximum leverage levels offered are common for the FX markets, and trading costs are comparatively low. If we add the commission of $5.9 to the average spread of 0.4 pips for the EUR/USD pair, average costs are below 1 pip per standard lot.
However, If you are into indices or stock CFDs, we have some bad news for you – such are not offered for trade with AssetsFX. In fact, there are plenty of duly regulated brokers that have set lower minimum initial deposits (or none at all), offer much more instruments for trade with tighter spreads. For example, by investing $150 with Trading212 (holding FCA license), you can also use spreads below 1 pips on EUR/USD. For further information and comparison, you may check out the real-time spreads of 15 leading brokers at Topforexbrokers.com website.
The Company. Security of Funds
Online since 2002, AssetsFX is a Finland broker that offers around 60 currency pairs and precious metals on the good old MT4 platform. The company behind the brand, Oy Nettico Ltd., is not licensed by the Financial Supervisory Authority in Finland, nor by any other regulator.
We always try to warn traders about the risk associated with doing business with non-regulated (or offshore) brokers and generally advise them to select among brokers regulated by reliable authorities such as UK’s FCA, or Australia’s ASIC.
Nonetheless, AssetsFX has around 15 years of experience in the forex business and its trading conditions appear to be good. Also, user reviews about this broker seem overall positive
Like most brokers, this one also supports the MetaTrader 4 (MT4) platform, desktop, and versions available.
MT4 is globally popular trading platform, as it offers all traders need: ease of use, a number of technical analysis indicators, extensive back-testing options, advanced charting package, and wide range of Expert Advisors (EA), allowing clients to fully automate their trades.
Besides, traders who are fond of automated trading may also use Myfxbook’s AutoTrade platform.
Methods of Payment
AssetsFX offers its clients the following payment methods: bank wire transfer and via credit/debit cards, as well as e-wallets such as Neteller, Skrill, and Paysite cash.
AssetsFX is a Finland-based forex that supports the popular MT4 platform. Its offerings are attractive: STP/ECN execution, tight spreads, advanced auto trading options. However, the main problem with this broker is that it is not regulated. Besides, we find the spreads on commission-free accounts wide.
AssetsFX Review Conclusion
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