10.0/10
(17 qualified reviews)
Featured
  • Segregated accounts
  • US traders are welcome
  • Company Cedar LLC
  • Founded in 2020
  • Offices in
    • Saint Vincent and the Grenadines
  • Payment options
    • Bitcoin
    • Credit/debit cards
    • Wire transfer
  • Demo platforms
    • MetaTrader 4 (Limited with 14 days)
  • Account currencies
    • Bitcoin
    • Euro
    • Great Britain pound
    • United States dollar
  • Currency pairs
    Show currency pairs Hide currency pairs
  • Website available in
    • English
  • Support available in
    • English
  • Support methods
    • Callback
    • Email
    • Live chat
  • Trading server time zone GMT+3
  • Special notes CedarFX is the world’s first Eco-Friendly online Forex Broker, dedicated to helping traders succeed while giving back to the environment. The broker established an excellent name in the field of Forex by offering its original 0% Commission Account, which carries no charges when trading Forex, cryptocurrencies or CFDs on stocks, indices, commodities and more. CedarFX also offers an Eco Account option, which includes a $1 commission for every lot traded. 100% of commissions paid are matched by the broker and used to plant trees in partnership with the Eden Foundation and support Gold Standard certified carbon reduction projects. Both account types offer up to 1:500 leverage, narrow spreads and ultra-fast withdrawals. Traders can get access to over 180 assets through the acclaimed MetaTrader 4 platform. Forex trading is open 24/5, while crypto markets are open 24/7. Moreover, CedarFX provides 24/7 customer support through live chat, email or call back.
  • Hedging
  • Overnight interest rates (swaps)
  • Trailing stop
  • Pending orders
  • Browser-based platform
  • Automated trading
  • Minimum account size $10
  • Minimum position size 0.01 lot
  • Spread type Variable
  • Typical spread on EUR/USD, pips 0.8
  • Minimum spread on EUR/USD, pips 0.6
  • Scalping Allowed
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:500
    • Gold & silver1:100
    • CFD1:100
    • Oil1:100
    • Stocks1:100
    • Indexes1:100
    • Metals1:100
    • Cryptocurrencies1:10
  • Trading platforms
    • MetaTrader 4
    • MetaTrader 4 Web (VPS)
  • Digits after dot 4 or 5
  • Margin call level 100%
  • Stop-out level 70%
  • Minimum distance to stop/limit orders, pips 10
  • Number of currency pairs (of which exotic) 55 (27)
View contract specifications

Reviews

21 reviews of CedarFX are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.

, Pakistan.

I've been using CedarFX for the past 8–10 months, and so far I'm satisfied with their platform. 

Withdrawals are quick; I've even done so on weekends. The fact that they offer crypto trading 24 hours a day, seven days a week, is also a plus point.

Now, I can trade cryptocurrencies during the weekend as well. My previous broker wasn't offering weekend trading, so I'm overall happy.

, England.

I’ve been using CedarFX for over a year now, and would highly recommend. Love the 0 commission account which is perfect for my scalping strategy. I occasionally trade a little bit of crypto over the weekend which they offer which is handy when I want a little flutter.

, Mexico.

I really like this broker, i never used a unregulated broker before, but this was a good experience, now trading with an eco account and the spreads are so nice!

, U.K..

Very reliable broker with lots of Crypto available to trade. They are continuing to add more Crypto as time goes by and keeping up with the customers demand. Very happy over the last few years with them

, Bangalore, India..

Of the three brokers I have been with, CedarFX has been the best so far. Thanks for a great review. I really like the eco-friendly aspect and I don't really don't mind paying commissions if that's going for a good cause. Also, I like the crypto-friendly nature of this broker. Would be better if they accept more cryptos.

, South west England.

I signed up to CedarFX after seeing the offer 0% commission accounts, which for me is a positive as it’s the sort of thing when trading often that adds up and in turn would save me some money whilst I’m hopefully making profits. I also liked the fact I could trade forex and crypto in one place with good leverage offered on both. Would highly recommend

.

Been using CedarFX for around 8 months. I moved to these because they have a 0% commission account so thought I would test them out and I'm happy.

, United Kingdom.

I opened an account with CedarFX due to them offering an ECO account which plants tree's the more you trade. I thought this was fantastic in reducing my own personal carbon footprint, as its something we should all be considering.

Platform works as should, spreads are just an average size could be better but also not the worst ive seen out there. Would recommend

, UK.

Been with CedarFX for about a year or so now, when I first started I did have an issue with my account but they managed to sort it quite quickly.

Their spreads are ok, in line with most brokers out there but they do seem to offer a no commission account which is really good, especialy when you scalp.

Withdrawals are quick which is always nice to see, soemtimes just a few hours and most of the time will be the same day.

Overall I am happy with them and will continue to use them for now.

, Uk.

I’ve been using these for a little while now, was first interested in the 0 commission account they offered. I’ve used it for a good few months now and They seem like a pretty decent broker. I’m yet to try the eco account they have but it’s nice to see that they want to help the environment, haven’t seen something like that with a broker before. Mostly use them for forex trading and some crypto’s like btcusd, I notice they have some exotics and indices but haven’t traded them.

, uk.

Probably the best broker around at the moment and the only one I'm aware of that helps the environment.

They operate 24/7 and their crypto offerings are exceptional.

No complaints at all from me

, Scotland.

Moved to CedarFX as the only brokers I could use restrict me to 1:30 leverage (I’m based in the UK). They offer 1:500 leverage on fiat pairs and 1:100 for crypto pairs.

I fund my account through Bitcoin and withdraw using the same method as the money transfers within 24 hours (much quicker than 5 day bank transfer) and haven’t noticed any extra charges.

Another reason I moved to them was that they have tight spreads and 0% commissions on trades which is great for day trading.

They also have an ECO account with $1 commissions on trades that are sent to the charity Ecologi and are used to plant trees. I haven’t used this account but great to see a broker take initiative.

On the downside I’d like to see a few more indices and commodities/metals. Also bank transfer is 5 days withdrawal like most brokers though think that’s due to the bank checks.

All in all a good broker for day traders that have their head around funding in BTC.

, Ireland.

Ive recently started using these more and more. I was slightly hesitant with it being unregulated but since IC Markets have stopped offering regulated services in Europe with good leverage i decided to use these. They have actually surprised me a lot and are very professional. My deposits and withdrawals are in my wallet in hours. I have taken up crypto trading now too with BTC and i can trade it on there too. Overall very happy so far. I hope they continue the level of service and keep 500:1 leverage and ill be with them for years to come.

, United Kingdom.

Just gone live with this broker after testing it out on demo and setting up accounts and checking there deposit and withdrawal methods. All really good and much better spreads then my last broker. Will be moving the rest of my accounts over this weekend and CedarFX will be my main broker from now on.

, Essex, UK.

I have only been using CedarFX for a couple of months, so it is still early days but I have been impressed so far. I noticed on the CedarFX traders Facebook group that a 0% commission account was available, plus the spreads were super low. I have deposited and withdrawn Bitcoin and both went through without any issues. I also find it reassuring that customer support is available 24/7, as not all brokers offer this.

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