13 reviews of CedarFX are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.
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.
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.
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
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.
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.
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.
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.
Start using them as I wanted to feel like I was doing something good. I thought the broker might not be as good as others I've used in the past, but I've been pleastenly surprised. Cant really think of a con
Currently running an EA on multiple pairs at CedarFX after a year at anothe broker. I'm impressed with the tighter spreads which are often sub 1 pip, making the EA entries much more exact. The zero comissions offering swayed me, I used to claim through a cashback scheme but no need here, they do not charge any.
There is plenty of liquidity in the crypto market there too and I'm turning my hand to that over the weekends.
I’m testing them for a couple of months. All’s going smooth including deposits and withdraws (very fast). Their 2 big pluses for me are the tight spreads and no commissions which is very good for scalping and the second plus is the green idea behind the trading. The second one is really an innovation so congrats for this.
CedarFX caught my attention via Instagram and I was really intrigued about the Eco account and concept of green trading. As a very environmentally conscious person I was very hopeful that the broker would live up to its promise which it has done so far.
Having opened an account with CedarFX, I have been trading both Forex and Crypto without any concerns and have access to all the trading pairs I need with high leverage.
I chanced upon these guys as I am trying my hand at scalping something I've wanted to do since I got into FX 3 years ago.
With 0 commissions and tight spreads they seemed a logical choice .
Lots of assets and a good selection of Crypto pairs also grabbed my attention.
They also claim to be the first environmentally responsible broker they have green accounts where trees are planted by ecolgi by commissions from trades where the broker matches traders commission fees .
This is a really nice touch its early days but so far so good
I have mainly used IC Markets in the past but even though the raw spread account is very good the fees are quite high at $5 per lot so I was looking for less and came across this broker. 0% commission and decent looking spreads so gave them a go. So far so good. Depositing using BTC was easy enough and live chat helped me along the process with confirmations etc. Trading conditions are good and the 0% commission is great. I am intrigued by the eco account and may open a second account using that as I like the idea.
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