EuropeFX – Leading the way post-esma
EuropeFX is a leading online forex and CFD brokerage operating out of Limassol Cyprus. Founded in 2016, the company has adopted the Straight Through Processing (STP) model to ensure maximum transparency and eliminate any conflict of interest with its clients.
Offering award-winning trading platforms, high-value add-ons, top-quality education and superior account support, EuropeFX is fast becoming the go-to brokerage for retail and pro traders alike.
Regulatory Environment & Security of Funds
Owned and operated by Maxiflex Global Investments Corp Limited, EuropeFX is fully-regulated Cyprus Investment Firm, holding license number 258/14, and conducts all its activities in accordance with MiFID II guidelines concerning operational transparency and maximum client protection.
To further protect its clients and their funds, EuropeFX stores all financial information on PCI-compliant servers, and processes client deposits exclusively through regulated payment processing partners such as SafeCharge, Skrill, iDeal and SOFORT.
In addition to the protections outlined above, EuropeFX holds all client deposits in segregated accounts, and the company is a member of the Investor Compensation Fund, a body which protects EuropeFX client funds up to €20,000 if, for some reason, the company is unable to meet its financial obligations.
Trading Platform & Tools
Like most leading forex brokerages, EuropeFX provides the MT4 trading platform for desktop and mobile trading, and last month added EuroTrader – a browser-based solution – for clients who prefer not to install a trading platform on their device.
The company also offer three powerful MT4 add-ons:
RoboX determines the trading preferences and risk profiles of EuropeFX clients via a detailed questionnaire, runs the information through its database of over one billion trading systems, and provides each client with a set of strategies that will work best for him or her.
TradeWorks allows EuropeFX clients to design their own automated trading systems and back test them extremely quickly. For clients who are not ready to build their own “Expert Advisors”, TradeWorks comes with pre-built strategies that can be tested and applied to live or demo accounts immediately.
Mirror Trader lets EuropeFX clients track the trading activity of a closed community of strategy developers, and copy winning strategies into their own live accounts.
EuropeFX provides a GBP100,000 demo account to all its clients to allow them to familiarise themselves with the platform and to test out trading strategies.
For live accounts, EuropeFX offers five different entry levels depending on the size of the client’s initial deposit. All five account types enjoy a variable spread of 0.1 pips, and the maximum amount of leverage permitted under ESMA regulations (30:1). Note: EuropeFX clients can increase their maximum leverage up to 200:1 if they are reclassified as “Pro traders”.
EuropeFX has partnered with Trading Central, a highly respected name in investment analysis. Trading Central is regulated by the AMF, France’s financial regulator, and provides daily trading signals and technical analysis for EuropeFX clients in multiple languages.
Deposits & Withdrawals
Deposits into EuropeFX accounts incur no client-side fees. Deposit methods include: Bank transfer, credit card, SafePay, iDEAL, Przelewy, Giropay, SOFORT and TrustPay.
For clients who deposit via Visa, Mastercard or Skrill, withdrawals are also free. For other deposit methods, EuropeFX applies a 40 euro, dollar or pound charge, depending on the client’s account currency.
EuropeFX offers a full suite of educational content including regular webinars, video tutorials, trading EBooks and more. For a novice trader, EuropeFX’s comprehensive Education Center provides everything he or she needs to get started in the world of online trading.