Forex FXnity Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.2

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 1.4

Business 0.7

Risk Control 1.0

Software 1.7

Regulatory 1.2

Terminal Snapshot

FXnity Trading Conditions

Registered Region Costa Rica

Operating Period 1-2 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email N/A

Contact Number N/A

Website fxnity.com

Balanced Review

Pros & Cons

Pros

Regulated by reputable financial authorities
Diverse trading instruments including Forex, stocks, and cryptocurrencies
Advanced trading platform with professional tools
Robust educational resources and market analysis
Competitive trading conditions with high leverage options

Cons

No valid regulatory oversight
Limited trading platform options (only cTrader)
High leverage may increase risk
No educational resources or market analysis
Restricted access for traders in multiple countries

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	FXnity	Zeven Global	Blue Whale Markets	AvaTrade
Operating Period	1-2 years	See review	See review	See review
Region	Costa Rica	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	1.2/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does FXnity Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Retail Account	Beginners and casual traders	Low minimum deposit, user-friendly platform	Ideal for traders with limited experience and capital
Professional Account	Experienced traders	High leverage, access to advanced trading tools	Requires proof of trading experience or volume
Corporate Account	Business entities	Customizable services, dedicated account management	Requires corporate documentation
Islamic Account	Traders following Sharia law	Swap-free trading conditions	Verification of eligibility required
Demo Account	All traders for practice	Access to virtual funds for practice trading	Time-limited usage for skill development

Account Opening Process

To open an account with FXnity, follow these steps: First, complete the online application by submitting your personal details, including name, email, and phone number. Next, provide employment and financial information to assess your trading suitability. You will need to verify your identity by uploading a government-issued ID and proof of address, such as a utility bill. FXnity allows for flexibility, enabling you to upgrade to a professional account later, depending on your trading volume and experience level.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (EUR/USD)	0.8	$0 (ECN: $2.50/lot)	Tight spreads for major pairs
Forex (GBP/JPY)	1.0	$0 (ECN: $2.50/lot)	Competitive pricing
CFDs (Stocks)	1.5	$2.50 per lot	Commission applies
CFDs (Indices)	1.3	$2.50 per lot	Standard fees
CFDs (Commodities)	1.5	$2.50 per lot	Standard fees
Cryptos (BTC/USD)	1.0%	$0	Variable depending on volatility

Other Fees

FXnity also imposes additional costs, which include deposit and withdrawal fees that may vary based on the method used. Inactivity fees apply to accounts dormant for an extended period. While there are no platform usage fees, overnight interest (swap rates) may apply unless you are using an Islamic account. Lastly, currency conversion fees may be incurred if your trading account is not in your base currency.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

FXnity User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

Miguel Martin Garcia

Madrid, Spain

★ ★ ★ ★ ★

I had a terrible experience with FXnity. My withdrawal request for £23,180 took over a month to process, and I received minimal updates from customer support. They simply stopped responding to my inquiries. I finally had to escalate the issue elsewhere to get my funds back. Very untrustworthy!

Dolores Vasquez

Los Angeles, USA

★ ★ ★ ★ ★

Despite my repeated requests for the release of my cash, the support team was unresponsive. I struggled to get any clear answers regarding my funds. It was only after persistent follow-ups that I managed to recover my money. Not a pleasant experience at all.

Kenechi

Toronto, Canada

★ ★ ★ ★ ★

I really enjoy trading with FXnity on the cTrader app. The platform is smooth and user-friendly, and I appreciate the fast execution speeds. Withdrawals have been quick for me, usually arriving within minutes. Overall, a solid experience, but I wish their customer support was more responsive.

Taylor H

Vancouver, Canada

★ ★ ★ ★ ★

Extremely impressed with FXnity! Their support team has been incredibly responsive whenever I’ve had questions. The trading conditions are excellent, with low spreads and instant execution. I love that they offer cTrader, which is far superior to other platforms I’ve used. Highly recommend this broker!

Costa Rica Market