About FXEX.NET
Company Overview
FXEX.NET is an online trading platform registered in New Zealand, with a registered address at PWC Tower, 188 Quay Street, Auckland 1010. The company was founded on 24 October 2019, according to official records. It presents itself as a forex and CFD broker, offering a range of tradable instruments including currency pairs, commodities, indices, and cryptocurrencies. The broker's website is available in multiple languages and targets both retail and corporate clients.
Regulatory Status
Our records indicate that FXEX.NET does not hold any regulatory licences from known financial authorities. This is a significant factor for traders to consider, as unregulated brokers may not offer the same level of client protection as those supervised by bodies such as the FCA, ASIC, or CySEC. The broker's website does not mention any regulatory oversight, and no licence numbers are displayed. Traders should exercise caution when dealing with unregulated entities, especially those offering high leverage.
Account Types and Minimum Deposits
FXEX.NET offers two account types: an Individual account with a minimum deposit of USD 50 and a Corporate account requiring a minimum deposit of USD 50,000. Both account types provide maximum leverage of up to 1000:1, which is extremely high compared to industry standards. The low entry barrier for individual accounts may attract retail traders, but the high leverage can amplify both gains and losses. The corporate account is designed for institutional clients or high-net-worth individuals.
Trading Platforms and Tools
The broker provides several trading platforms, including its proprietary FxEx Trader, MetaTrader 4 (MT4), MetaTrader 5 (MT5), a WebTrader, and a mobile platform. MT4 and MT5 are widely recognized in the industry for their advanced charting tools and automated trading capabilities. The FxEx Trader is a desktop application developed in-house. The availability of multiple platforms allows traders to choose based on their preferences, whether desktop, web, or mobile.
Tradable Instruments
FXEX.NET offers a variety of asset classes, including forex, options, precious metals (gold & silver), energy commodities (oil & gas), and bitcoin. This range allows traders to diversify their portfolios within a single account. The broker also provides information on spreads and interest rates on its website. However, specific spreads, commissions, and swap rates are not detailed on the publicly available pages.
Client Support and Documentation
The broker's website includes a contact form and an email address (support@fxex.net) for inquiries. It also provides downloadable account forms in English, Spanish, Italian, and German, suggesting a multilingual client base. The registered office is in Auckland, New Zealand. The broker claims to prioritize the safety of client funds, stating that funds are held separately and protected in case of bankruptcy. However, without regulatory oversight, these claims cannot be independently verified.
Overview compiled by FXCanary from regulatory records and public data. full FXEX.NET review