FXPremax
FXPremax Broker Overview
Here is every key fact about FXPremax in one table — regulation, contact details, deposit rules, leverage, spreads, platforms and account features.
| Feature | FXPremax |
|---|---|
| Broker name | FXPremax |
| Headquarters | Address: 483 Green Lanes, London, N13 4BS |
| Country | United Kingdom |
| Telephone | +442070971374 |
| Email / Skype | info@fxpremax.com |
| Fax | +442070971374 |
| Regulated by | Authorised and regulated by IFSA |
| Type of broker | STP/ECN |
| Min. deposit | $1 |
| Max leverage | 1:500 |
| Min. spreads | 0.1 |
| Funding methods | Bank Transfer, Moneybookers, Visa, MasterCard, WebMoney, Neteller |
| Withdrawal methods | Bank Transfer, Moneybookers, Visa, MasterCard, WebMoney, Neteller |
| Base currencies | USD, EUR, BGN |
| Languages | English, French, Italian, Russian, Japanese, Portuguese, Arabic, Spanish |
| Trading platforms | MetaTrader 4 (MT4) |
| Web trading | ✓ Yes |
| Mobile trading | ✓ Yes |
| News trading | ✓ Yes |
| Hedging & scalping | ✓ Yes |
| Free demo account | ✓ Yes |
| Mini accounts | ✓ Yes |
| VIP accounts | ✓ Yes |
| Managed accounts | ✓ Yes |
| Segregated accounts | ✓ Yes |
| Islamic accounts | ✓ Yes |
| Swap free accounts | ✓ Yes |
| No deposit bonus | ✗ No |
| Promotion | Yes |
In simple words: traders get MetaTrader 4 (MT4), spreads from 0.1, leverage up to 1:500 and a $1 minimum deposit. New clients can also check the current Yes.
Is FXPremax Safe? Regulation and Company Details
FXPremax is a regulated broker. Authorised and regulated by IFSA. The broker says client money is kept in segregated accounts, separate from company funds.
Regulation
Authorised and regulated by IFSA
Head office
Address: 483 Green Lanes, London, N13 4BS (United Kingdom)
Client funds
Client money is held in segregated accounts, apart from company funds.
Track record
The foundation year is not listed. Support is reachable by phone and email.
Tip: Always check the licence number on the regulator's own website. Offshore regulators do not offer the investor compensation schemes or leverage caps of top-tier regulators such as the FCA or CySEC, which is why leverage here can reach 1:500.
FXPremax Trading Conditions
Spreads and commissions
FXPremax spreads start from 0.1. Raw-spread style accounts usually charge a small commission per lot, while commission-free accounts have wider spreads. If you trade often or scalp, the raw option is usually cheaper.
Leverage
Maximum leverage reaches 1:500, depending on the account type and the instrument you trade. High leverage lets you open bigger positions with less margin, but losses grow just as fast.
Trading platforms
MetaTrader 4 (MT4)
Desktop platform
Trading styles allowed
Hedging, scalping and news trading are allowed — good news for short-term traders. Web and mobile trading are available.
This FXPremax review covers regulation, fees, platforms and bonuses.
Official website: FXPremax
FXPremax Account Types
FXPremax offers several account options so both beginners and experienced traders can find a fit. Live accounts start from a $1 deposit.
Free demo account
Practise with virtual money and test strategies risk-free.
Mini accounts
Smaller trade sizes and a low entry cost for beginners.
VIP accounts
Tighter pricing and priority service for larger balances.
Managed accounts
Let a strategy provider or money manager trade for you.
Segregated accounts
Client funds are kept apart from company money.
Islamic / swap-free
No overnight swap charges, in line with Sharia principles.
You can open accounts in these base currencies: USD, EUR, BGN. Choosing the currency you spend in helps you avoid conversion fees.
Deposits and Withdrawals at FXPremax
FXPremax supports the same methods for funding and withdrawals. Withdrawals normally go back to the method you used to deposit.
E-wallets are usually the fastest. Bank wires take longer and your bank may charge a fee. Finish identity verification (KYC) early so your first withdrawal is not delayed.
FXPremax Bonus and Promotions
Bonuses are a big reason traders search for FXPremax. Availability depends on your country and the account type.
- Yes — the current promotion for FXPremax clients. Check the volume rules before you claim it.
How bonus credit really works
- Bonus credit is used as margin; it usually cannot be withdrawn directly.
- Profits made with the bonus are yours, but a minimum trading volume often applies first.
- Withdrawing money early can remove part or all of the bonus.
- Bonuses are not offered in every country or on every account type.
Bonus terms change often. Always read the latest rules on the official FXPremax website before accepting any offer.
FXPremax Pros and Cons
Pros
- Authorised and regulated by IFSA
- Yes
- Low $1 minimum deposit
- Spreads from 0.1, STP/ECN execution
- MetaTrader 4 (MT4)
- Hedging and scalping allowed
- Islamic, mini, VIP and managed accounts
Cons
- No no-deposit bonus
- Bonus comes with trading-volume rules
How to Open an FXPremax Account
- RegisterFill in your name, email, country and phone number on the FXPremax sign-up page.
- Verify your identityUpload a photo ID and a proof of address (utility bill or bank statement).
- Choose an accountPick the account type, base currency, leverage and platform (MT4).
- Fund and tradeDeposit from $1 with your preferred method, claim any eligible bonus, then log in and start trading.
About FXPremax
FXPremax Review: An Overview
FXPremax is an online forex broker based in the United Kingdom, with a listed head office at 483 Green Lanes, London, N13 4BS. It operates as an STP/ECN broker, a model where client orders are passed on to liquidity providers rather than handled as a simple internal bet against the client. Retail traders who want direct market pricing and a range of account types will want to know what the broker offers, so this review covers the main areas: regulation, accounts, platforms, costs, deposits and withdrawals, bonuses, and support.
The broker's website is available in English, French, Italian, Russian, Japanese, Portuguese, Arabic and Spanish, which makes it accessible to traders in many regions. You can visit the official site at FXPremax to check the latest details.
Trading forex and CFDs on leverage carries a high risk of losing money. Before you open a live account, make sure you understand how leverage works and only risk funds you can afford to lose.
Regulation and Safety
Regulation is the first thing to check with any broker. FXPremax states that it is authorised and regulated by IFSA. A regulator's role is to set rules for how a broker handles client money, reports its activities and treats clients in disputes, so a licence matters for your protection.
The broker also states that it segregates client funds. In general, segregation means that client money is kept separate from the company's own operating money. This does not remove all risk, but it is an important safeguard that many traders look for.
Keep in mind that a licence is only useful if it is genuine and current. Before depositing, search the regulator's public register for the firm's name and check that the licence details match what is shown on the broker's website. Confirm the legal entity you are contracting with, because the regulated entity and the marketing brand are not always the same company.
Account Types
FXPremax offers several account types, so traders with different budgets and needs can find an option that fits. The broker lists the following:
- Mini accounts for traders who want to start with a smaller balance.
- VIP accounts for more experienced or higher-volume clients. Ask the broker for the exact conditions, as these are usually tied to the size of the deposit.
- Islamic accounts, which are swap-free accounts designed to follow Sharia principles.
- Swap-free accounts, which do not charge overnight swap fees on open positions.
- Managed accounts, where a professional manages trades on the client's behalf.
- A free demo account, which lets you practise with virtual funds before committing real money.
The available account base currencies are USD, EUR and BGN. Choosing a base currency that matches your deposit currency can reduce conversion costs. Check the account specifications on the website before you open an account, as the minimum funding and features for each type may differ.
Trading Platforms
FXPremax offers MetaTrader 4 (MT4), one of the most widely used retail trading platforms. MT4 supports charting, technical indicators, custom tools and automated trading through Expert Advisors, which many traders value for its familiar interface.
Clients can also trade through a web browser and on mobile devices. Web trading lets you access your account without installing software, while mobile trading is useful if you want to monitor or manage positions away from your desk. Test the platform on a demo account first to make sure it suits your style.
The broker permits hedging and scalping, and news trading is also allowed. These strategies can be profitable for some traders, but they are also high-risk, especially with leverage. Scalping in particular depends on fast execution and tight costs, so check the broker's execution policy and any trading rules before you rely on it.
Spreads, Fees and Leverage
FXPremax lists spreads from 0.1, which is the headline figure for trading costs. The spread is the difference between the buy and sell price, and it is one of the main costs of trading. Actual spreads can change with market conditions, such as during major news releases or low-liquidity periods, so the quoted minimum is not a guarantee of what you will pay at any moment. Check the unit and the account type to which the figure applies on the broker's website.
The minimum deposit is 1. The page does not specify the currency, so confirm this with the broker before funding your account. Maximum leverage is 1:500. High leverage can increase both profits and losses, and many traders lose money quickly when they use it aggressively. The broker notes that leverage may be lower depending on your country and account type, which is an important point to confirm during registration.
Ask the broker about any commissions, overnight swap charges, inactivity fees and currency conversion costs. These details are not covered in the basic information above, so review the full fee schedule before trading.
Deposits and Withdrawals
FXPremax accepts the following deposit methods:
- Bank Transfer
- Moneybookers
- Visa
- MasterCard
- WebMoney
- Neteller
The same six methods are listed for withdrawals, so you can usually take money out through the route you used to fund the account. Processing times and any fees differ by method and by bank or provider, so check these before choosing a payment option. Bank transfers often take longer than e-wallets, and card payments may have their own limits or conditions.
Before depositing, verify your identity if the broker asks for documents, as this is standard practice for regulated brokers and can affect how quickly withdrawals are processed.
Bonuses and Promotions
FXPremax offers a welcome bonus and other promotions. The broker does not offer a no-deposit bonus, so you will need to fund your account before you can claim a bonus. The welcome bonus and other offers can change at any time, and the details, including the bonus amount, eligibility, required trading volume and withdrawal conditions, are set by the broker.
Bonuses can look attractive, but they often come with conditions that affect when and how you can withdraw money. Read the full bonus terms carefully before you accept an offer, and ask yourself whether you would still want to trade if the bonus were removed. If you are comparing offers across brokers, our related guides on deposit bonuses can help you understand what to look for.
Customer Support
The website's language options suggest that FXPremax serves an international client base. The basic information available does not list specific support channels, opening hours or response times, so check the contact section of the official website before opening an account. Test support with a simple question during the demo stage to see how quickly and clearly the team responds. Good support matters most when you have a problem with a deposit, withdrawal or open position.
Pros and Cons
Pros
- States that it is authorised and regulated by IFSA, and that client funds are segregated.
- Offers MetaTrader 4 with web and mobile access.
- Low stated minimum deposit of 1.
- Spreads quoted from 0.1 with leverage up to 1:500.
- Wide range of account types, including Islamic, swap-free, mini, VIP, managed and demo accounts.
- Allows hedging, scalping and news trading.
- Several deposit and withdrawal methods, including bank transfer and e-wallets.
- Website available in eight languages.
Cons
- Leverage of up to 1:500 is high and can magnify losses.
- Key details, such as the currency of the minimum deposit and the unit of the spreads, are not specified in the basic information.
- No no-deposit bonus is offered.
- Fees, commissions and support channels are not fully described in the summary.
- Bonus terms can change and may include conditions that restrict withdrawals.
Verdict
FXPremax presents itself as a regulated STP/ECN broker with a broad set of account types, MetaTrader 4, web and mobile access, and several payment methods. The low minimum deposit and the range of accounts, including Islamic and swap-free options, will appeal to a wide range of traders. The stated regulation and fund segregation are positives, but you should verify the licence yourself on the regulator's register before depositing.
The main gaps are in the details. Costs, support options and some key trading conditions are not fully explained in the basic information, and the high maximum leverage requires careful risk management. We recommend opening a free demo account first, reading the full terms and fee schedule, and testing withdrawals with a small amount before committing larger sums. Trading forex and CFDs on leverage carries a high risk of losing money, so trade only with funds you can afford to lose.
Frequently Asked Questions
Is FXPremax regulated?
FXPremax states that it is authorised and regulated by IFSA. You should confirm this on the regulator's public register and check that the licence details match the broker's website before you deposit.
What is the minimum deposit at FXPremax?
The stated minimum deposit is 1. The basic information does not specify the currency
Risk warning: Leveraged products such as forex and CFDs may not suit all investors and carry a high risk to your capital. Make sure you understand the risks, consider your goals and experience, and seek independent advice if needed.
Final Verdict: Should You Choose FXPremax?
FXPremax offers a $1 entry cost, MT4 platforms.
FXPremax suits traders who understand the risks of leveraged CFD trading. Start small, test a withdrawal early and use sensible leverage.
