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FirewoodFX Review | A review by AnalystFX

Firewoodfx Review

firewoodfx

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At a glance:

Country of origin: Saint Vincent and the Grenadines

Founded in: 2014

Regulation: FSA

Minimum Deposit: $10

Min. lot size: 0.01

Max. Leverage: 1:1000

Spreads: from 2 pips

About FirewoodFX

FirewoodFX is an independent broker founded in St Vincent and the Grenadines. The broker base is independent and the broker type is STP. It accept clients from all countries. Here, maximum allowed leverage of minimum account is 1000:1. Minimum deposit amount for $10 at minimum Account. Their decimal pricing is up to 5 decimals. Both fixed and variable spread are offered in FirewoodFX. Account Currencies is USD. VIP account is not available here.

FirewoodFX Review table

Broker Information

Trading Information

Legal NameFirewoodFXPlatform TypeMetaTrader 4, MetaTrader4 Mobile
Websitehttp://www.firewoodfx.com/Platform LanguagesMulti-lingual
HeadquartersSaint Vincent and the GrenadinesOS CompatibilityMac OS , iOS , Windows , Android
Founded in2014Social TradingNo
RegulatorsFSATrading SignalsYes
US ClientsNoAutomated TradingYes
Contact Number+4233769291Trade From ChartsYes
Email:support@firewoodfx.comBinary Option TradingNo

Account Information

E-mail AlertsNo
Minimum account size$10Mobile AlertsNo
Maximum account size$500,000Trailing StopsYes
Minimum position size0.01 lotGuaranteed Stop LossNo
Spread type

 

FixedGuaranteed Limit OrdersNo
Spread on EUR/USDpips 2Guaranteed FillsNo
Leverage up to1:1000ScalpingAllowed
Trading instrumentsCurrency, Gold & silverHedgingAllowed
Trading platformsMetaTrader 4Expert advisorsAllowed
Digits after dot4Interest on MarginNo
Margin call level100%One-Click ExecutionYes
Stop-out level20%OCO OrdersNo
Minimum distance to stop/limit orders,pips 2

Deposit and Withdraw

Number of currency pairs38Deposit MethodBank Wire Transfer, China UnionPay, Credit Card, FasaPay, Neteller, OKPay, PerfectMoney, Skrill
Mini AccountNoWithdraw MethodBank Wire Transfer, FasaPay, Neteller, OKPay, PerfectMoney, Skrill
VIP AccountNoDeposit TimeInstant
SWAP free AccountYesAverage Withdraw Time
Segregated AccountYes

Customer Service

Demo AccountYes24 Hours SupportYes
Institutional AccountsNoCustomer Support LanguagesEnglish, Chinese, Indonesia, Phillipine, Thailand
Support ServicesPhone SupportNo
Managed AccountsYesLive Chat SupportYes
Market NewsYesBonus & Promotion
Market UpdateYesNo Deposit BonusNo
Educational ProgramNoDeposit BonusYes

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