Fxonic Review
Summary
Read our Fxonic review and learn why we recommend this broker for online trading. Fxonic.com is a great trading platform that offers features and services that suit traders from different backgrounds.
About Fxonic
Fxonic is a promising trading brand that seems to have made customer security and safety top priorities. Since trading involves a considerable amount of risk, traders should also focus on these qualities. Does Fxonic have what it takes to be your reliable broker? Let’s see.
Working with this brand also stands out when it comes to trading technologies. With asset and account diversity also ensured by this broker, the offer designed by Fxonic might be appropriate for you. In this review we will try and take a look at the long list of features of this brand.
Markets
One of the main highlights of Fxonic is definitely its asset coverage. This broker really cares about diversity, and that’s why its asset list includes FX, indices, commodities, stocks and crypto. By doing so, it has the ability to attract traders with different profiles.
Alongside the generous list of assets, working with Fxonic also means access to competitive trading costs (spreads and swaps) and no commissions. Depending on your account type, it’s possible to receive up to 25% markdowns on spreads and up to 25% swap reduction. The broker promises fast and accurate trade execution, even when market volatility increases.
Accounts
When choosing an online trading account with Fxonic, several variables should be considered. If you are going for affordability, the Basic account stands out and you only have to deposit $250 to get started.
That threshold increases when analyzing Gold, Platinum and VIP accounts, but with those you get better trading terms. Market reviews, tighter trading costs, daily analysis and full access to all assets are part of the list published by the brand.
Financial security is paramount, so it is good to know that when dealing with Fxonic, you are trading financial derivatives (CFDs) online. Moreover, deposits/withdrawals are processed through trusted channels, including credit/debit card payments, bank transfers and wallet transfers. Concerning withdrawals, the broker is committed to processing all customer requests within 3-4 business days.
Platforms
Web Trader is the platform introduced by Fxonic, delivering an enjoyable experience via a user-friendly interface from what we see. It can be navigated with ease on a browser, with no installation required. Traders who want to use several technical analysis methods simultaneously will really like this solution because it has tens of indicators, drawing tools, and many other customization features.
Mobile Trader gives you access to your trading account from any place and at any time. All you need is a stable internet connection and a smartphone/tablet to have the latest financial markets developments in the palm of your hand. These two platforms are more than enough to satisfy all needs and ensure that traders are constantly in touch with their accounts.
Conclusion
Fxonic shows a great deal of professionalism, by creating a framework for optimal trading. Traders who already own an account with the brand are sharing positive feedback, recommending others to give this brand a try as well. With asset diversity, personalized platforms, 4 account types and useful trading resources, the broker manages to rise to the occasion. Anyone interested in learning more about it can check out its official website.