• Minimum Deposit

    • 50-500
  • Leverage

    • 400:1

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Review

Efixxen Broker Review: In-Depth Analysis

Regulation and LicenseN/A
HQSaint Lucia
Founding yearN/A
Leverage rangeUp to 1:400
Min Deposit$250
PlatformsProprietary
Demo accountNo
Base CurrenciesSupport multiple currencies
Customer support24/5
Mobile TradingYes
Web-Based Trading0Yes
SpreadsFloating from 0.0 Pips
Scalpingyes

Efixxen Review Introduction

Efixxen is a well-known forex broker that specializes in providing financial services in the forex and CFDs markets. Efixxen has established itself as a trusted name in the industry thanks to its dedication to new technology, excellent customer service, and fair trade conditions.

From its headquarters in the Sotheby Building in Rodney Bay, Gros-Islet, Saint Lucia, Efixxen offers an easy-to-use trading platform that gives investors access to a wide range of investment possibilities. Traders can try out a wide range of financial instruments such as currencies, indices, stocks, metals, digital currencies, and commodities.

Even though Efixxen doesn't have any regulatory oversight, the company puts the trust and safety of its customers first. During registration and deals, clients' personal information is kept safe by strong encryption technology, which is the best way to protect data. Efixxen also takes steps to keep client funds separate from the company's own capital. This gives investors' holdings an extra layer of protection.

In this review of Efixxen we will delve into their:

  • Regulation
  • Trading Platform
  • Account Types
  • Trading Instruments
  • Cost and Fees Details
  • Customer Support
  • Pros and Cons

Efixxen Regulation Information

It's important to know that Efixxen is currently running without any regulation. Some traders prefer brokers that are regulated by well-known financial authorities, such as CySEC, FCA, and ASIC.

However, it's important to keep in mind that not being regulated doesn't mean the online broker is always fraudulent or not trustworthy. Instead, Efixxen takes a number of preventative steps to put the trust and security of customers first.

Efixxen security and trust steps

  • Advanced Encryption Technology: Efixxen uses advanced encryption technology in order to give customers trust and feel safe. The broker uses the same level of security as banks, 256-bit SSL encryption, to keep clients' personal information safe during the registration and transaction processes. This technology greatly lowers the chance that someone will get in without permission or steal data.
  • Separation of Client Funds: Efixxen takes calculated measures to protect the safety of client funds. Client capital is kept separate from the company's capital and is kept in accounts at well-known foreign banks. This split makes sure that the client's capital is safe and protected, even if the company runs into financial difficulties.

By keeping client funds separate and using advanced encryption technology, Efixxen adds an extra layer of protection to its trading environment. The goal of these steps is to give traders peace of mind and protect their investments.

Efixxen Trading Platform Information

Efixxen grants its clients a choice of trading platforms to meet their different wants. Let's look at their different trading platforms.

Mobile Trader

Efixxen's Mobile Trader platform is made for users who like to trade on the go using smartphones or Tablets. It has an easy-to-use design that is made for mobile devices. Traders can log in to their accounts and trade easily from anywhere.

The platform gives traders access to real-time market info, so they can keep up with the latest market trends. It also has advanced charting tools for technical analysis, which help traders make trading choices based on accurate information. The Mobile Trader tool makes it easy and quick to place orders because it can execute trades well.

Linux Trader

Efixxen knows what Linux users want and offers the Linux Trader platform, which is made especially for Linux-based products. On computers that run Linux, this software makes trading easy. Traders can get knowledge about the market in real-time, use powerful charting tools, and make trades quickly.

The Linux Trader platform is known for its easy-to-use design, which makes it easy for Linux users to move around and trade.

MacOS Trader

The MacOS Trader platform from Efixxen is for traders who use iOS devices like iPhones and iPads. The platform is designed for Apple devices, which makes trading easy and smooth. Traders who use MacOS Trader have access to real-time market data, which lets them look at market trends and make smart trade decisions.

The platform has charts that traders can connect with and use a variety of technical indicators to analyze the market in detail. With its easy-to-use interface, traders can easily make deals on their iOS devices with just a few clicks.

Efixxen Trading Platform Image

Efixxen Account Types

Efixxen has different types of trading accounts for traders with different levels of experience and different trading styles.

Let's look at the different types of accounts offered and what's features each one offer:

Beginner Account

The Beginner Account is for people who are new to dealing and just starting out.

Beginner Account Features

  • Basic access to the market
  • Analytical tools
  • One-click trading
  • Swap-free and Islamic account options

Standard Account

The Standard Account is for buyers who already know a little bit about the market.

Standard Account Features

  • Market analysis tools
  • Trading from PC, web terminal, or mobile devices
  • Daily analysis reports
  • Special market coverage
  • Swap-free and Islamic account options

Intermediate Account

The Intermediate Account is for investors whose skills and knowledge are at an intermediate level.

Intermediate Account Features

  • Advanced trading tools
  • Expanded market access
  • Various trading methods
  • Analytical tools
  • Daily analysis reports
  • Special market coverage
  • Swap-free and Islamic account options
Efixxen Account Types Image

Advanced Account

The Advanced Account is made for traders who do a lot of trading and have plenty of knowledge and experience.

Advanced Account Features

  • Includes all features of previous accounts
  • Comprehensive market access
  • Advanced analytical tools
  • Trading from PC, web terminal, or mobile devices
  • Personalized trading tactics
  • Daily analysis reports
  • Special market coverage
  • VIP personal manager assistance
  • Priority support

Integral Account

The Integral Account is made for clients with a lot of knowledge who trade constantly and need advanced tools for analysis.

Integral Account

  • Includes all features of previous accounts
  • Extensive market access
  • Advanced analytical tools
  • Various trading methods
  • Analytical tools
  • Daily analysis reports
  • Special market coverage
  • Swap-free and Islamic account options
  • VIP personal manager assistance
  • Exclusive market insights
  • Special events

VIP Account

The VIP Account is exclusively designed for elite traders.

VIP Account Features

  • Includes all features of previous accounts
  • Highest level of market access
  • Advanced trading tools
  • Personalized assistance from a dedicated account manager
  • Daily analysis reports
  • Special market coverage
  • Various trading methods
  • Swap-free and Islamic account options
  • Exclusive events
  • Premium privileges

Efixxen Trading Instruments Details

Efixxen's trading platform has a wide variety of financial instruments. This gives traders a lot of ways to spend and diversify their portfolios.

The online broker gives traders access to a wide range of trading assets, such as:

  • Currencies: Traders can take part in the global foreign exchange market by selling major and minor currencies in pairs such as EUR/USD, USD/JPY, and GBP/USD.
  • Indices: Efixxen gives you access to a number of Indices, like the S&P 500, DAX, FTSE, and Dow Jones Industrial Average.
  • Stocks: Efixxen has a wide range of stocks from markets around the world, so clients can buy individual stocks of well-known companies.
  • Metals: Traders can buy and sell valuable metals like gold, silver, platinum, palladium, and copper with Efixxen.
  • Digital currencies: The broker offers access to Bitcoin, Ethereum, Ripple, and Litecoin, which are all well-known digital currencies.
  • Commodities: The platform offers you to buy and sell gold, silver, oil, coffee, and platinum, among other things.
Efixxen Available Instruments infographic

By offering such a wide range of trading instruments, Clients can diversify their investments and take advantage of different market opportunities in different asset classes.

Efixxen Cost and Fees Details

Efixxen helps traders save money by not charging commission fees. This means that traders can keep more of their income.

The broker also offers good trading conditions, with floating spreads starting at 0.0 pips. Tight spreads can help traders by giving them better prices on their deals and possibly lowering the costs of trading.

Fees TypeEfixxen
Deposit feeNo
Withdrawal FeeNo
Inactivity FeeYes
Fee RankingLow/Average

When it comes to the minimum deposit, traders can start trading on Efixxen's website for as little as $250. This low starting requirement means that traders of all levels of experience can get into the markets and start trading.

Efixxen Customer Support

Efixxen values excellent customer support to ensure traders have a positive experience. The customer service team of the broker is there to help customers with any questions or problems they may have. Here are the details about Efixxen's customer service:

  • Availability: Efixxen's customer service is available during business hours, Monday through Friday. This means that clients can get help whenever they need it, 24/5
  • Methods of Contact: Traders can easily reach Efixxen's customer service team by phone or email. Clients can get help in a way that works best for them by using these different ways to talk to each other.
  • Email: support@efixxen.com
  • Phone: +18007500975
  • Quick Response: Efixxen strives to answer customer questions as soon as possible. The customer support team aims to answer questions quickly and effectively, whether they are about account features, trade platforms, or something else.

Overall, Efixxen's customer support team shows that they want to help traders in a reliable and fast way. Traders can rely on their knowledge and availability to help them figure out how to use the platform, solve problems, and make smart choices as they go.

Pros and Cons

Efixxen Pros and Cons Infographic

Review of Efixxen in Conclusion

In conclusion, Efixxen is a reputable brokerage company that offers trading services for a wide variety of financial instruments. Efixxen gives traders plenty of opportunity by offering good trading conditions, such as commission-free trading and low spreads. The company puts customer trust and safety first by using cutting-edge encryption technology and keeping client funds separate.

Full Breakdown

Full Breakdown
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Spreads
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