Direct FX Limited Review for 2019

Direct FX Limited Rated 0/5
Direct FX Limited have a low rating. We recommend you look at one of their alternative brokers.
Good alternatives to Direct FX Limited

Direct FX Limited Introduction

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. In our review of Direct FX Limited we break down the pros and cons. What Direct FX Limited are able to offer, what countries Direct FX Limited are available in. Who Direct FX Limited are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

Open Direct FX Limited's Website

As with any investment your capital is at risk, losses can exceed deposits.

At the bottom of this review you can also learn about some pretty good alternatives to Direct FX Limited

With this review we hope to help you see if Direct FX Limited is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding Direct FX Limited that will help you get off to a good start in the world of online trading.

Direct FX Limited what you should know

Direct FX Limited offer one way to trade: .

With Direct FX Limited you will need a minimum deposit of $1. You can sign up for a demo account to acquaint yourself with Direct FX Limited platform.

Direct FX Limited are able to accommodate various levels of traders whether you are experienced or a beginner.


Are Direct FX Limited safe?

When choosing a broker like Direct FX Limited the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2006, and in operation for 13 years Direct FX Limited have a head office in New Zealand.

Direct FX Limited is regulated. This means Direct FX Limited are supervised by and is checked for conduct by the Unregulated regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Direct FX Limited, this will be honored. If Direct FX Limited violate any regulatory rules their regulated status could be stripped.

Any payments funded to Direct FX Limited accounts by traders are held in a segregated bank account.

For added security Direct FX Limited use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Try creating two accounts when you are working with Direct FX Limited. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit Direct FX Limited

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

What we like

  • Used by over 10,000 traders
  • Established in 2006
  • Regulated by Unregulated
  • Min. deposit from $1

What we don't like

Direct FX Limited General Fees

  • Direct FX Limited withdrawal fees varies on payment method
  • Direct FX Limited does charge inactivity fees

Direct FX Limited Commissions

  • Direct FX Limited does charge commission on CFD shares

What can you trade with Direct FX Limited?

You can trade a wide variety of instruments with Direct FX Limited over instruments infact.

If you are looking at trading currency pairs Direct FX Limited offer over currency pairs.

Compare Direct FX Limited with Interactive Brokers and XTB below.

FX / Currencies Direct FX Limited IB XTB
# of forex pairs offered 10 50
Major forex pairs Yes Yes
Minor forex pairs Yes
Exotic forex pairs Yes
Cryptocurrencies No Yes
Commodity CFDs Direct FX Limited Interactive Brokers XTB
# of commodities offered 0
Metals Yes Yes
Energies Yes Yes
Agricultural Yes Yes
Indiced & Stock CFDs Direct FX Limited Interactive Brokers XTB
# of Stocks offered 1500
UK Shares Yes Yes
US Shares Yes Yes
German Shares Yes Yes
Japanese Shares Yes Yes
Direct FX Limited's
Instruments
IB's
Instruments
XTB's
Instruments

Trading on Direct FX Limited web platforms and other applications

Direct FX Limited also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you’re on the move.

See Direct FX Limited's platforms

Direct FX Limited Trading benefits :

  • Low min deposit

Direct FX Limited Trading Accounts offered:

Can I try Direct FX Limited before I buy?

Direct FX Limited offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

What funding methods do Direct FX Limited accept?

Direct FX Limited offer the below funding payment methods. learn more about Direct FX Limited

How can I start trading with Direct FX Limited?

When opening a trading account with Direct FX Limited, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Direct FX Limited trading platforms here.

Performing trades with Direct FX Limited

Direct FX Limited allow you to execute a minimum of trade of . This may vary depending on the account you open. Direct FX Limited allow you to execute a maxium trade of .

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments, but as a guide, Direct FX Limited offer margin up to % on currencies.

Support at Direct FX Limited

Direct FX Limited support a limited number including

What you will need to open an account with Direct FX Limited

As Direct FX Limited is regulated by Unregulated, every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore Direct FX Limited's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with Direct FX Limited you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from http://www.directfx.co.nz/ on 12th August 2018.

DIRECT FX LIMITED Frequently Asked Questions

Can I try Direct FX Limited before I buy?

Direct FX Limited do not offer a demo account so it looks like you will have to sign up for at least a trial period. Learn more here

What funding methods do Direct FX Limited accept?

Direct FX Limited offer the below funding payment methods among other payment methods. Learn more here

How can I start trading with Direct FX Limited?

When opening a trading account with Direct FX Limited, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Direct FX Limited trading platforms here.

Is my money safe with Direct FX Limited?

Direct FX Limited is regulated by Unregulated. One of the most important criteria for traders when choosing a broker like Direct FX Limited is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Direct FX Limited, this will be honored. If they violate any regulatory rules their regulated status can be stripped.