FXTRADING (FXT) Overview: Company, Regulation and Track Record
FXTRADING, commonly known as FXT, is an Australian-headquartered forex and CFD broker that began operations in September 2014 under the name Rubix FX before rebranding to its current identity in December 2019. The company operates out of Sydney, Australia, and today serves a claimed 60,000-plus traders across more than 100 countries, offering access to over 10,000 instruments spanning forex, shares, indices, commodities, and cryptocurrencies.
The broker’s onshore operations run through Gleneagle Securities (Aust) Pty Ltd, which holds an ASIC Australian Financial Services License (AFSL No. 337985), while its international clients are served through the related entity Gleneagle Securities Pty Ltd, registered with the Vanuatu VFSC (company number 40256). Client funds are held in segregated trust accounts with the National Australia Bank, and in September 2021 the group launched a dedicated fund vehicle called Arbidyne Capital.
| Key Aspects | Details |
|---|---|
| Legal Entity | Gleneagle Securities (Aust) Pty Ltd (ASIC) / Gleneagle Securities Pty Ltd (VFSC) |
| Founded | September 2014 (as Rubix FX), rebranded to FXTRADING in December 2019 |
| Regulation | ASIC (AFSL 337985), Vanuatu VFSC (Company No. 40256) |
| Minimum Deposit | $50 |
| Maximum Leverage | Up to 1:2000 (tiered by account equity) |
| Platform | MT4, MT5, FXT Mobile App, FXT WebTrader |
Visit FXTRADING’s Official Site
Account Types and Trading Conditions
FXTRADING keeps its core offering simple, with two account types available on both MT4 and MT5: a commission-free Standard account with spreads from 1.0 pip aimed at beginners, and a Pro account with raw spreads from 0.0 pips and a low fixed commission of roughly $4 per round-turn lot for higher-volume traders. Both share the same $50 minimum deposit and up to 1:2000 maximum leverage, though leverage is tiered down by account equity — roughly 2,000:1 under about $300 in equity, stepping down to around 1,000:1 as balances approach $100,000. A separate account-comparison table published elsewhere on the company’s materials lists a broader five-tier structure (Standard, Standard Plus, Standard Pro, Zero, Raw Spread) that doesn’t match the two-account model described in the broker’s own dedicated account-type sections, so the two-account structure detailed here should be treated as the more current and reliable one.
| Feature | Standard | Pro |
|---|---|---|
| Minimum Deposit | $50 | $50 |
| Spreads | From 1.0 pip | From 0.0 pips |
| Commission | None | ~$4 per round-turn lot |
| Maximum Leverage | Up to 1:2000 | Up to 1:2000 |
| Margin Call / Stop-Out | 100% / 50% | 100% / 50% |
| Negative Balance Protection | Yes | Yes |
| Islamic (Swap-Free) Option | Available | Available |
The stated maximum leverage of 1:2000 is corroborated consistently across the broker’s detailed leverage tables and account specifications, though an earlier summary of the same materials mentions a much lower “1:500 for international clients” figure — given the weight of evidence favors 2,000:1, that’s what’s reflected here, but leverage limits are worth reconfirming directly given the discrepancy. Leverage also varies meaningfully by asset class: up to roughly 1,000:1 on precious metals, 100:1 on energies, commodities and indices, 10:1 on individual stocks, and a more conservative tier (reported as low as 20:1 in one table and as high as 100:1 in another) on cryptocurrency CFDs.
Tradable Instruments
FXTRADING covers a wide instrument set: forex (45-plus currency pairs across majors, minors and exotics), precious metals (Gold, Silver, Platinum, Palladium), energies (WTI Crude, Brent, Natural Gas, Low Sulphur Gasoil), stock indices (S&P 500, NASDAQ 100, Dow Jones, FTSE 100, DAX 40, Nikkei 225), individual share CFDs from the NYSE, NASDAQ and HKEX, and cryptocurrency CFDs including Bitcoin, Ethereum, Litecoin, and Ripple. Bond and ETF CFDs are explicitly not offered. Beyond straightforward directional trading, the broker also runs a CopyPro social trading system for mirroring other traders’ positions, plus MAM and PAMM managed-account structures for those preferring a more hands-off approach.
Deposits, Withdrawals and Bonuses
FXTRADING supports cards, e-wallets, bank wire transfer, and crypto (USDT) for funding, with a $50 minimum deposit and no deposit fees charged by the broker itself. Card, e-wallet and crypto transfers are typically instant, while bank wire transfers can take several business days to clear. Withdrawals share the same $50 minimum and are processed back to the original funding source, with e-wallet payouts generally instant and international bank transfers taking longer; the broker states it doesn’t charge withdrawal fees on standard transfers, though intermediary banks may apply their own costs. Identity verification is required before any payout is finalized.
The broker also runs several promotional mechanisms: a New Trader Programme offering up to 25% deposit protection for new accounts funded with at least $200, a $30 no-deposit bonus for new registrations, a Frequent Trading Bonus paying a 10% upfront credit on deposits of $1,000 or more (capped at $50,000) plus $100 cash for every 50 lots traded, and a tiered loyalty points program convertible into cash or prizes worth up to $150,000 for the most active accounts. Bonus credit is generally used as margin support and is subject to trading-volume targets before any portion becomes withdrawable.
Visit FXTRADING’s Official Site
Pros and Cons
| Pros | Cons |
|---|---|
| Top-tier ASIC regulation for eligible clients, alongside VFSC for international accounts | Leverage and account-tier claims are inconsistent across the company’s own published materials |
| Low $50 minimum deposit across both account types | VFSC (international) clients don’t receive the same protection level as ASIC-regulated clients |
| Very wide instrument range (10,000+ instruments including shares, indices and crypto) | Some regions or payment methods reportedly incur withdrawal fees as high as $50 |
| Active bonus and loyalty program with real cash-conversion mechanics | Bond and ETF CFDs are not offered |
Verdict
FXTRADING is a well-established Australian broker with a genuinely broad instrument catalogue, a low entry barrier, and a mix of ASIC and VFSC regulatory coverage depending on which entity a client is onboarded through. Its bonus and loyalty ecosystem is more developed than many peers, with concrete cash-conversion mechanics rather than vague promotional language. The one recurring caveat across this review is that the broker’s own published materials aren’t fully internally consistent on leverage figures and account-tier structure, so confirming the exact current terms directly before funding an account is a sensible precaution.
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FAQ
- Is FXTRADING (FXT) regulated?
- Yes. Its Australian entity, Gleneagle Securities (Aust) Pty Ltd, holds an ASIC AFSL (No. 337985), while international clients are served by Gleneagle Securities Pty Ltd, registered with the Vanuatu VFSC.
- What is FXTRADING’s minimum deposit?
- $50 on both the Standard and Pro account types, according to the company’s account specifications.
- What is FXTRADING’s maximum leverage?
- Up to 1:2000, tiered down as account equity increases — though one summary elsewhere in the company’s own materials cites a lower 1:500 figure, so confirming the current terms directly is worth doing.
- Does FXTRADING offer a sign-up bonus?
- Yes. It runs a New Trader Programme (up to 25% deposit protection, $200 minimum deposit to qualify), a $30 no-deposit bonus, a Frequent Trading Bonus, and a tiered loyalty rewards program.
- Can I trade cryptocurrency CFDs with FXTRADING?
- Yes, including Bitcoin, Ethereum, Litecoin and Ripple, though crypto leverage is capped more conservatively than forex.
