10.0/10
(20 qualified reviews)
  • 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
    • Web form
  • 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

CedarFX Reviews

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

, Manchester.

Been using them a while now, first found out about them on one of the forex forums. I prefer to use the eco account as I like that it makes contributions to eco projects as I haven’t seen another broker that does that. They also have a zero commission account but I find the eco one is cheap enough anyway.

Withdrawals typically take a couple of hours even on weekends which I find particularly useful but that’s only in BTC so it’s something to be mindful of.

, Bangladesh.

CedarFX is quite decent a broker, which offers some excellent trading features for traders. Their offered features such as same day withdrawal, 24/7 crypto trading and commission free trading are handy for traders. I have been trading with them for over a year. I am quite pleased with their service.

, United States.

I opened an account with CedarFX back in 2019 and so far, so good. I originally signed up because they accepted clients from the United States and I liked having the ability to open a 0 commission account with a small deposit. Sometimes it can be hard to find a good broker that accepts clients from the US.

I was a bit worried about their regulation status but decided to take a chance on it and everything has been fine so far. All withdrawals have come through with no issue. I also wish they'd add some educational resources to their site, but you can find a lot of that stuff online for free so it isn't a big deal to me.

.

Started having a lot of issues with the company dripcoin after I placed a withdraw order for the 2.3million usd I had with them. The account manager disappeared, the support didn’t respond to emails and I thought it was over cause I made the payments in crypto but didn’t give up though. Searched online and got referred to the agency iwt,best by a lady that got back her bitcoin from another company with their help so I filed a complaint with them, did all they asked and waited for result. They flagged the company dripcoin, took more serious actions against them and got all my money back. The agency iwt,best is highly recommended if you need help

, 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

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