There are two trading accounts at Direct FX. All MT4 compatible expert advisors, scalping expert advisors and MQL4 robots are accepted and a deep liquidity pool connecting numerous top tier providers is available. Money managers and back office support are also available. It offers advanced trading tools for the experienced Forex trader such as the Spreadsheet Trader which is a customizable spreadsheet-based trading application that allows traders to track the state of a wide collection of markets using their favorite studies, conditions, and alerts.
The SnapTrader feature offers an innovative interface designed to provide one-click trading from the charts and traders receive notifications of when a specific price, time, study, or trend-line condition has been met.
All orders are straight through processed STP using state of the art order routing software. The software allows professional traders to quickly execute block orders with one click, under one master account, and conveniently automates trade allocations to sub accounts. A demo account is available to newbie traders for days.
Additional funds can always be added to an existing demo account and there is no limit on how many demo accounts a trader can create. This allows traders to execute orders at lighting fast speed across all platforms offered at Direct FX. There are several partnership choices including white label, introducing broker and money manager. Education and instruction are important to the team at Direct FX and there is a host of different features for traders of all levels of experience.
Top news items are posted on a daily basis and are accompanied by opinion and analysis. There are textual lessons on several topics and an economic calendar with important international events is kept up to date. There were no videos or webinars offered which is disappointing. Traders are able to use multiple account funding methods including bank wires, several online payment programs such as Neteller and Skrill. Credit cards are not listed as options. Withdrawals are made by filling out an online withdrawal form.
It takes days for money to be deposited in an account. Traders can contact a Direct FX representative via live chat, email, or telephone to their Sydney, Australia office. Support is available in English and Chinese.
Direct FX is a standard Forex broker. The choice of trading products is somewhat limited but there are several strong platforms to use when placing a trade. There are no bonuses or promotions which limits their marketing efforts considerably.
Customer support is good and trades are executed in a timely fashion. Report Broker Scams Forex Widgets. Due to strict US regulation many brokers aren't able to accept traders with US citizenship. See our list of recommended brokers that do accept US traders. Top Online Forex Brokers. Direct FX Contact this company. Sara Patterson Review Date: Enter your email address here:More...