Broker Review

Fxonic review – Is this broker transparent and reliable?

Fxonic logo
Due to the apparent temporary suspension of this brand’s services, we’ve adjusted the rating to 1 star. Stay tuned for additional information on its operational status as it becomes available.

What is Fxonic?

Fxonic is active in the online trading space, and we are under the impression that it has a lot of things to offer today’s traders. A live trading account with this brand seems to have great potential, not just because execution is optimal, but also thanks to the variety of useful features customers get access to. 

Its global outreach makes the trading offer suited for many traders out there, both experienced and beginners. However, those living in countries where local regulations prohibit such online trading services won’t be able to sign up. For anyone who qualifies to trade with Fxonic, this review can be very helpful in getting to know this brand, so they get as much information as possible before signing up. 

Fxonic logo

Fxonic trading products

Beginning with the asset coverage, Fxonic built itself as a broker with endless options at hand. Naturally, when you can trade FX, stocks, indices, commodities, and crypto, it is convenient to find tradable assets almost every day.

Fxonic trading products

Volatility has been elevated this year so far and as long as that is the reality, the Fxonic asset index is certainly an edge for customers. It is possible to trade on margin (the maximum leverage depends on asset class), and there are some pretty interesting benefits with regard to spreads and swaps. The tiering structure designed by the company rewards customers with tight costs. 

Customizable platforms

Another critical aspect is the trading software and in this case, only proprietary platforms are provided. Fxonic used its team’s expertise to come up with a WebTrader and Mobile Trader, both of which are solutions easily manageable by anyone. 

WebTrader online platform

WebTrader is more suited for desktop and laptop trading via browser. Mobile Trader is a solution for Android or iOS users who don’t want to miss the latest market developments, even if they are on the go. 

Useful features

Depending on the account type (Basic, Gold, Platinum, and VIP) you choose, Fxonic provides a competitive list of features. The company offers all the information to help you find out what you need to know about stocks, currencies, crypto, and other popular assets, via market reviews and daily analysis. 

Moreover, larger account holders benefit from discounts on swaps and spreads, further reducing their overall trading costs. All traders can easily access customer support when they have an issue, and receive guidance from a qualified agent. 

Credit/debit cards, wire transfers, and wallet transfers are the deposit options you can use to fund a live trading account. Fxonic allows customers complete freedom, so they can draw capital in or out of their accounts whenever they want. 

Final thoughts

Fxonic has its finger on the pulse, and that clearly reflects on its trading offer. The pack of trading conditions is concrete and targeted at what retail traders need nowadays. Thanks to a simple sign-up process and fast verification, an account with Fxonic is within reach. 

This broker has big ambitions and wants to pursue them with a professional approach. Ultimately, whether customers are happy or not is what matters most and the conditions in place right now are in the right direction. 

Fxonic Overview
Fxonic logo

Product Name: Fxonic

Product Description: Fxonic is active in the online trading space, and we are under the impression that it has a lot of things to offer today’s traders. A live trading account with this brand seems to have great potential, not just because execution is optimal, but also thanks to the variety of useful features customers get access to. 

Brand: Fxonic

  • Trading Platform
  • Assets
  • Accounts
  • Customer Satisfaction
1

Summary

Fxonic has its finger on the pulse, and that clearly reflects on its trading offer. The pack of trading conditions is concrete and targeted at what retail traders need nowadays. Thanks to a simple sign-up process and fast verification, an account with Fxonic is within reach. 

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