Sign up
Trade 1000+ assets with a low-fee CFD broker
Regulated by the FSA Seychelles
Sign-up with FXRoad Sign-up with FXRoad

FXRoad review 2024

Investing options: 4.1

Platforms & usability: 4.2

Products, markets, & assets: 4

Safety & reliability: 4.2

Deposits & withdrawals: 3.9

Research & analysis tools: 4.1

Fees & costs: 4.5

Education & learning resources: 4.2

FXRoad review Summary

Updated: May 17, 2024
14 min read
FXRoad is a multi asset brokerage suitable for beginner and experienced traders. Use this FXRoad review to find out if its the right broker for you.

Our opinion of FXRoad

FXRoad is a well-rounded online trading platform catering to both beginners and more experienced traders. Its user-friendly interface and range of educational resources make it a good starting point for those new to trading. 

Its selection of tools and features might also appeal to those looking to expand their strategies. This FXRoad review takes an in-depth look at the broker. We’ve tested all aspects of the platform to help you decide if it’s a suitable trading platform for you. 

FXRoad highlights

Features FXRoad summary
No. of tradable assets 400+
Min. Deposit $250
ID verification required Yes
Free demo account Yes
Supported assets Stock CFDs, Forex CFDs, Crypto CFDs, Index CFDs, Commodity CFDs
Mobile trading app Yes
Web trading platform Yes
Regulatory bodies FSA
View more > FXRoad >

Pros & Cons


Trade 1000+ assets with a low-fee CFD broker
Regulated by the FSA Seychelles
Trade stocks, forex, crypto & commodities


Can I open an account with FXRoad?

Investing options

What can I do with FXRoad?

FXRoad’s primary offerings include forex trading and CFD trading on a range of assets. CFDs are available for stocks, indices, commodities, and a small selection of cryptocurrencies. 

For example, with FXRoad you can trade CFDs on major companies like Apple or Tesla, speculate on the price of gold or oil, or even trade popular currency pairs like EUR/USD. FXRoad is a basic brokerage firm when compared to other platforms we’ve reviewed, but it still provides more than enough for both beginners and experienced traders. 

What accounts does FXRoad offer?

FXRoad is a CFD trading platform and forex broker. However, you can trade other markets with it too and there are several account types available. Lets take a closer look: 

Account type FXRoad accounts Plus500 accounts eToro accounts
Trading platform Yes Yes Yes
Crypto staking No No Yes
Crypto wallet No No Yes
Money management Yes Yes Yes
Spread betting broker No No No
View more > FXRoad > Plus500 > eToro >

Products, markets & assets

What products and assets can you trade on FXRoad?

FXRoad has a good choice of assets, although stocks is where you’ll find the largest number. In addition to stocks, you can trade FX, commodities, crypto, and indices. 

Product FXRoad assets Plus500 assets eToro assets
Stock CFDs 1,200 1,800+ 3117
ETF CFDs 0 100+ 317
Forex CFDs 30+ 50+ 49
Crypto CFDs 141+ 40+ 73
Index CFDs 30+ 20+ 20
Commodity CFDs 10+ 20+ 26
NFTs 0 100,000
View more > FXRoad > Plus500 > eToro >

What leverage trading options are there?

The leverage trading options on FXRoad are higher than similar platforms. For larger markets like currencies, you can trade with leverage up to 1:2000. The maximum available will depend on the asset you are trading. 

Product FXRoad maximum leverage Plus500 maximum leverage eToro maximum leverage
Stock CFDs 1:10 1:5 1:5
Forex CFDs 1:2000 1:30 1:30
Crypto CFDs 1:2 1:2 1:2
Index CFDs 1:10 1:20 1:10
Commodity CFDs 1:50 Up to 1:20 1:10
View more > FXRoad > Plus500 > eToro >

What are the spreads?

FXRoad has variable spreads, which means the difference between the buy and sell price is constantly changing. That being said, spreads start from 0.6 pips, which is on par with similar forex brokers. 

Product FXRoad spreads Plus500 spreads eToro spreads
Stock CFDs From 0.6 pips 0.10% 0.15%
Forex CFDs From 0.6 pips 0.8 pips From 1 pip
Crypto CFDs From 0.6 pips 2% 1%
Index CFDs From 0.6 pips 0.20% From 0.75 points
Commodity CFDs From 0.6 pips 0.50% From 2 pips
View all tradable assets > FXRoad > Plus500 > eToro >

FXRoad trade sizes and limits

The minimum trade size on FXRoad varies depending on the market you’re trading. For example, with forex the minimum trade 

Product FXRoad minimum trade Plus500 minimum trade eToro minimum trade
Stock CFDs 0.01 lots $10 $10
Forex CFDs 0.01 lots 0.01 lots $33.34*
Crypto CFDs 0.01 lots $0.10 $10
Index CFDs 0.01 lots $10 $1,000
Commodity CFDs 0.01 lots $10 $1,000
View more > FXRoad > Plus500 > eToro >


Which stocks are available on FXRoad?

Most of the stocks on FXRoad are from large US and UK markets. This means you’ll be able to trade companies like Apple, Microsoft, and Tesla. Here’s a look at the number of stocks available from different countries. 

Country No. of stocks on FXRoad
United States 1,000+
United Kingdom 300+
View more > FXRoad >


What cryptocurrency pairs can be traded on FXRoad?

Right now, only a Bitcoin CFD is available to trade on FXRoad. In the future it’s likely more cryptos will be added. 

Cryptocurrency Cryptocurrency Cryptocurrency
Bitcoin (BTC)
View more > FXRoad >

What are the fees for buying and selling cryptocurrencies?

When you buy and sell crypto CFDs on FXRoad you’ll have to pay a spread, which is the difference between the buy and sell price. Spreads on FXRoad are variable, which means they fluctuate throughout the day. 

Does FXRoad offer staking and rewards?

No, FXRoad is a CFD brokerage firm and does not offer any cryptocurrency services such as staking and rewards. 


What forex pairs can be traded on FXRoad?

There are over 30 forex pairs available to trade on FXRoad. This includes the majors, some minors, and some exotics. Here’s a quick look at the forex pairs on FXRoad. 

Currency pair Currency pair Currency pair
View more > FXRoad >

What are the minimum spreads for trading forex?

The minimum spreads for forex start at 0.6 pips for a platinum account. For gold and silver accounts, the minimum spreads are higher. 


What commodities can be traded on FXRoad?

There is a selection of hard and soft commodities on the FXRoad trading platform. Not only can you trade markets like gold, silver, and oil, but there are also commodities like cotton and copper. Below are some of the commodities you can trade with an FXRoad account. 

Commodity Commodity Commodity
Gold Silver Crude oil
Brent oil Natural gas Corn
Cotton Sugar Wheat
Platinum Palladium
View more > FXRoad >

What are the minimum spreads for trading commodities?

It depends on which account type you have. For the platinum account, spreads can be as low as 38 points on XAU/USD. For other commodities, spreads are higher. You’ll also have higher minimum spreads on FXRoad’s gold and silver accounts. 

Deposits & withdrawals

What are the minimum & maximum deposits?

The minimum deposit on FXRoad is $250. This is considerably higher than similar brokerages where you can get started with as little as $10. Below are the various payment options available and the minimum and maximum deposit amounts. 

Payment method Minimum deposit (USD)* Maximum deposit (USD)
Debit/credit card No minimum $10,000
Bank transfer $50 $10,000
PayPal No minimum $10,000
Skrill No minimum $10,000
View more > FXRoad >

What are the minimum and maximum withdrawals?

There’s a $50 minimum withdrawal on FXRoad. This is generally in line with the industry standard, although some platforms have lower minimums. 

Payment method Minimum withdrawal Maximum withdrawal
Debit/credit card No minimum $50,000
Bank transfer No minimum $50,000
PayPal No minimum $50,000
Skrill No minimum $50,000
View more > FXRoad >

What are the deposit and withdrawal options fees, limits, and speeds?

FXRoad does not charge any withdrawal fees. Your payment provider may charge you, so it is worth checking before. One thing to note with FXRoad is the speed at which withdrawals are processed – you’ll have to wait a minimum of five days, which is much longer than with other firms. 

Payment method Withdrawal fee Withdrawal speed
Debit/credit card $0 5 – 7 days
Bank transfer $0 5 – 7 days
PayPal $0 5 – 7 days
Skrill $0 5 – 7 days
View more > FXRoad >

Fees & costs

How do FXRoad fees work?

For the most part, FXRoad does not charge fees for many processes on its platform. But there are a few charges you need to be aware of such as inactivity fees. Here’s a closer look at the fees on FXRoad. 

Fee FXRoad fees Plus500 fees eToro fees
Trading fees No No Yes, on certain assets
Inactivity fees Yes Yes Yes
Rollover/overnight fees Yes Yes Yes, on CFDs
Withdrawal fees No No Yes
Spreads Yes Yes Yes, on certain assets
Conversion fees Yes Yes Yes, for non-USD currencies
View more > FXRoad > Plus500 > eToro >

What are FXRoad’s trading fees?

FXRoad is a commission fee trading platform so you’ll only encounter spreads when trading. Spreads are variable so what you pay depends on which asset you trade. The best prices are available to platinum account holders. 

Asset FXRoad fees Plus500 fees eToro fees
Crypto CFDs Spread only
Commodity CFDs Spread only
Currencies Spread only From 0.8% From 1 pip
Index CFDs Spread only
Stock CFDs Spread only 0.15%
View more > FXRoad > Plus500 > eToro >

Platforms & usability

What devices can I use FXRoad on?

FXRoad can be used on all devices. There is a dedicated web application that you can use directly from your web browser. There’s also a mobile app that you can use on both iOS and Android. 

Device Browser/operating system
Web browser Google Chrome, Microsoft Edge, Mozilla Firefox, Safari
Mobile app iOS, Android
Tablet iOS, Android
View more > FXRoad >

FXRoad mobile app review

FXRoad’s mobile app provides a smooth and convenient way to access the markets on the go. Available for both iOS and Android devices, it mirrors many of the features found on the web platform. 

You can easily check prices, place trades, and monitor your portfolio straight from your smartphone or tablet. This level of accessibility is a definite plus for those who want to stay connected to the markets even when away from their desks.

Web trading platform

The most important question any user has is: How easy is it to use FXRoad?

FXRoad’s web platform offers a user-friendly and customisable trading environment. Its integration with TradingView charts means you have a robust selection of technical analysis tools at your disposal. 

Whether you prefer candlestick charts, line charts, or more advanced indicators, FXRoad’s platform can adapt to your trading style. The ability to personalise the layout and save your preferences ensures a seamless experience when switching between computers.

Key features

There are lots of features that available on FXRoad and below we’ve highlighted a few of the key ones. 

TradingView integration. 

FXRoad’s partnership with TradingView offers traders advanced charting tools and indicators. This integration gives you the power to conduct in-depth technical analysis and make informed trading decisions, directly within the platform.

Customisable charts. 

FXRoad allows you to personalise your charts to suit your trading style. You can easily adjust chart types, colors, indicators, and time frames. You can even save your preferred layouts for quick access. This level of customisation creates an efficient and tailored trading experience.

Diverse range of assets. 

Despite its name, FXRoad goes beyond just forex. The platform unlocks access to CFDs on a variety of assets, including stocks, indices, commodities, and even cryptocurrencies. This diversification lets you explore different markets and strategies, potentially opening up new opportunities.

Safety & reliability

Is FXRoad safe?

FXRoad has several measures to ensure client asset protection. It holds client funds in segregated accounts, separate from the company’s own funds. 

FXRoad also participates in a compensation scheme that provides protection to clients in the unlikely event of broker insolvency. 

While no platform can be 100% risk-free, FXRoad’s safety features offer a degree of reassurance for potential users. 

Is FXRoad regulated?

Yes, FXRoad is a regulated trading platform. The company is owned by 4Square SY Ltd which is registered in the Seychelles and is regulated by the FSA. Its licence number is SD052.

Region FXRoad regulators Plus500 regulators eToro regulators
Africa FSA FSA
North America FinCEN
South America
View more > FXRoad > Plus500 > eToro >

FXRoad customer support review

FXRoad has satisfactory customer support functions, although compared to other brokers, it is lacking in some departments. 

Right now, FXRoad only offers live chat, email, and FAQ support. During our testing of the platform, we contacted live chat but were unable to speak to a representative. 

Support type FXRoad customer support Plus500 customer support eToro customer support
Help Centre/FAQs Yes Yes Yes
Email Yes Yes Yes
Live chat Yes Yes Yes
WhatsApp No Yes Platinum, Platinum+, and Diamond members only
Telephone No No No
View more > FXRoad > Plus500 > eToro >

What are the risks of using FXRoad?

The main risk of using FXRoad is losing money, although this is largely down to your ability as a trader as opposed to the platform itself. Here are a few more risks of using FXRoad. 

  • Trading with leverage is not recommended. FXRoad offers leverage up to 1:2000 for some assets. Leverage can be beneficial for your profits but can also be detrimental to your losses. Before using leverage, it’s important to understand all of the risks involved. 
  • Financial markets are volatile. Markets like forex and crypto are notoriously volatile. While volatility can be good for some traders, it can be very risky for others, especially beginners. 
  • FXRoad is only regulated by the FSA. Many of the best online trading platforms hold multiple regulatory licenses from various jurisdictions across the world. FXRoad only has regulation in the Seychelles, which can be a risk for users not from that jurisdiction. 

Research & analysis tools

What trading tools are on offer?

FXRoad uses TradingView charts and has its own proprietary trading platform. This means it offers advanced features and trading tools. Here’s a quick look at what tools are available on FXRoad. 

Trading tool FXRoad tools Plus500 tools eToro tools
Charts Yes Yes Yes
News feeds Yes Yes Yes
Analyst recommendations No Yes Yes
Fundamental analysis Yes Yes No
Financial calendar Yes Yes Yes
MetaTrader integration No No No
View more > FXRoad > Plus500 > eToro >

Economic calendar

FXRoad’s economic calendar lets you stay on top of market-impacting news. Keep track of important economic data releases, central bank announcements, and more to anticipate potential market shifts.

Market news and analysis

FXRoad offers a curated feed of market news and analysis directly within its interface. This can help you stay up-to-date on current events impacting the markets and make informed decisions.

Risk management tools

FXRoad gives traders access to tools like stop-loss and take-profit orders within the platform. These tools allow you to set predetermined exit points for your trades, helping to manage risk and protect potential gains.

Education & learning resources

What educational resources are on offer?

There is a small educational section on the FXRoad platform that offers guides and helpful advice. There is also a free demo account available so you can practice your skills and get to know the platform before committing real money. 

Educational resource FXRoad resources Plus500 resources eToro resources
Demo/virtual account Yes Yes Yes
Video tutorials/webinars Yes Yes Yes
Walkthrough guides Yes Yes Yes
Copy trading No No Yes
Trading academy No Yes Yes
View more > FXRoad > Plus500 > eToro >

Demo account

FXRoad’s demo account lets you explore the markets and test your strategies without risking real money. With the FXRoad demo account you’ll get a virtual $100,000 to gain experience and confidence before diving into live trading.

Trading guides

FXRoad provides written guides that cover the basics of forex and CFD trading, as well as more advanced topics like technical analysis and risk management. These guides offer a structured way to expand your understanding of the markets.

Webinars and videos

FXRoad may offer webinars or video tutorials where experienced traders share insights and techniques. These live or recorded sessions provide an interactive way to learn from the pros.

FXRoad customer reviews

During our evaluation of FXRoad, we also looked at real customer reviews from sites like TrustPilot and the App Store. We used these reviews along with our own testing to score the broker. Below are the latest FXRoad ratings from some of the biggest review sites. 

Review source FXRoad rating Plus500 rating eToro rating
Trustpilot 3.8 4 4.4
View more > FXRoad > Plus500 > eToro >

Our verdict

During our time testing the FXRoad platform, we found it to be a well-rounded option that is suitable for a variety of trading styles. 

The user-friendly interface and educational resources make it a good choice for beginners, while the charting tools and diverse asset offerings hold appeal for more experienced traders. 

While some information about fees and the specific range of assets could be more transparent, FXRoad delivers a good balance of functionality and accessibility.

Who is FXRoad suitable for?

FXRoad seems best suited for these types of traders:

  • New traders: The platform’s intuitive design and educational materials create an easy environment for those starting their trading journey.
  • Traders seeking flexibility: If you trade a variety of assets FXRoad’s range of CFDs could be appealing.
  • Technical analysts: The platform’s integration with TradingView charts would be a major draw for traders who rely heavily on technical analysis.

Is FXRoad good for beginners?

FXRoad offers several features that make it a potential fit for beginners. The demo account and educational resources provide a good foundation for learning without risking real money. 

However, it’s crucial to remember that all forms of trading carry risk, and CFD trading – especially with leverage can be particularly complex. 

Our methodology

Helping people make better financial decisions is at the heart of our mission at Invezz. 

We test each broker to provide clear, accessible guidance on the service it offers and how it compares to the 63+ other trading platforms we review. Testing is carried out by our panel of industry experts, analysts, and active traders who sign up to the platform, conduct research, and score the service.

To supplement our practical testing and experience, we research the service to gather any further relevant information and provide context to help you decide whether the broker is right for your investing needs. We read online customer reviews, app reviews on the Play Store and App Store, and conduct user surveys to get feedback from real people about what works, and what doesn’t.

The trading platform is awarded a final score based on 130+ data points across 8 ranking categories: cost, reliability, user experience, deposit & withdrawals, investing options, range of products/markets, research & analysis tools, and the availability of educational & learning resources.

We work closely with the individual brand to ensure all factual information displayed here is accurate. All data is then fact-checked by an independent reviewer. You can learn more about our expert panel and how we test, rate, and review platforms in our review process


Who owns FXRoad?
How does FXRoad make money?
How do I delete my FXRoad account?
Can I pay in cryptocurrency on FXRoad?

Sources & references
Risk disclaimer
Prash Raval
Financial Writer
Prash is a financial writer for Invezz covering FX, the stock market and investing. For over a decade he has traded spot FX full time while... read more.

More broker reviews