- Company Cedar LLC
- Founded in 2020
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Offices in
- Saint Vincent and the Grenadines
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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
- AUD/CAD
- AUD/CHF
- AUD/JPY
- AUD/NZD
- AUD/USD
- CAD/CHF
- CAD/JPY
- CHF/JPY
- EUR/AUD
- EUR/CAD
- EUR/CHF
- EUR/CZK
- EUR/DKK
- EUR/GBP
- EUR/HKD
- EUR/JPY
- EUR/MXN
- EUR/NOK
- EUR/NZD
- EUR/PLN
- EUR/SEK
- EUR/TRY
- EUR/USD
- EUR/ZAR
- GBP/AUD
- GBP/CAD
- GBP/CHF
- GBP/DKK
- GBP/JPY
- GBP/NOK
- GBP/NZD
- GBP/SEK
- GBP/USD
- NOK/SEK
- NZD/CAD
- NZD/CHF
- NZD/JPY
- NZD/USD
- USD/CAD
- USD/CHF
- USD/CNH
- USD/CZK
- USD/DKK
- USD/HKD
- USD/HUF
- USD/ILS
- USD/JPY
- USD/MXN
- USD/NOK
- USD/PLN
- USD/RUB
- USD/SEK
- USD/SGD
- USD/TRY
- USD/ZAR
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Website available in
- English
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Support available in
- English
-
Support methods
- Callback
- Live chat
- Trading server time zone GMT+3
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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
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Trading instruments
- Forex1:500
- Gold & silver1:100
- CFD1:100
- Oil1:100
- Stocks1:100
- Indexes1:100
- Metals1:100
- Cryptocurrencies1:10
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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)
Reviews
2 reviews of CedarFX are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.
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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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