7.0/10
(3 qualified reviews)
US Traders
  • Bonus offers
  • Segregated accounts
  • Affiliate program
  • Islamic accounts available
  • Company FirewoodFX Global Ltd
  • Founded in 2014
  • Offices in
    • Saint Vincent and the Grenadines
  • Payment options
    • FasaPay
    • OKPAY
    • Perfect Money
    • Wire transfer
  • Demo platforms
    • MetaTrader 4
  • Account currencies
    • United States dollar
  • Currency pairs
    Show currency pairs Hide currency pairs
  • Website available in
    • Chinese
    • English
    • Indonesian
    • Thai
  • Support available in
    • Chinese
    • English
    • Indonesian
  • Support methods
    • Email
    • Live chat
    • Web form
  • Trading server time zone GMT
  • Conditions for VIP traders Fixed low spread from 1 pip.
  • Hedging
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $10
  • Maximum account size $500,000
  • Minimum position size 0.01 lot
  • Spread type Fixed
  • Spread on EUR/USD, pips 2
  • Scalping Allowed
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:1000
    • Gold & silver1:100
  • Trading platforms
    • MetaTrader 4
  • Digits after dot 4
  • Margin call level 100%
  • Stop-out level 20%
  • Minimum distance to stop/limit orders, pips 2
  • Number of currency pairs (of which exotic) 38 (6)
  • History
    Show history Hide history
  • Hedging
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $100
  • Minimum position size 0.1 lot
  • Spread type Fixed
  • Spread on EUR/USD, pips 1
  • Scalping Allowed
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:1000
    • Gold & silver1:100
  • Trading platforms
    • MetaTrader 4
  • Digits after dot 5
  • Margin call level 100%
  • Stop-out level 20%
  • Minimum distance to stop/limit orders, pips 2
  • Number of currency pairs (of which exotic) 38 (6)
  • History
    Show history Hide history
  • Hedging
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $10
  • Minimum position size 0.01 lot
  • Spread type Fixed
  • Spread on EUR/USD, pips 3
  • Scalping Allowed
  • Trading instruments
    • Forex1:1000
  • Trading platforms
    • MetaTrader 4
  • Digits after dot 4
  • Margin call level 100%
  • Stop-out level 20%
  • Minimum distance to stop/limit orders, pips 2
  • Number of currency pairs (of which exotic) 38 (6)
  • History
    Show history Hide history
View contract specifications

Reviews

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

, Indonesia.

FirewoodFX provides trading facilities that is quite imporessive. Simple registration requirements; you do not need to upload any documents, unless you want to claim promotional bonuses. For Indonesian traders, in particular, long deposit and withdrawal can be shortened due to deposit and withdrawal facilities via local exchangers. FirewoodFX's commitment to Indonesian traders is excellent, as seen from the fixed exchange rate of Rp 10,000 which applies special FirewoodFX to Indonesian traders. Determination of the exchange rate can benefit traders because no longer disadvantaged by the spread of the selling rate - the buying rate when making deposits and withdrawals. As well as the permissibility of various trading styles like hedging, scalping, and the use of trading robots, make FirewoodFX suitable for those who are just starting their trading career in the forex world. Better yet, the minimum deposit set is low, and clients can trade using leverage up to 1: 1000.

, Indonesia.

Firewoodfx before brexit is fine, but now firewood have a problem... Spread on EURUSD premium account not sinc, on marketwatch and request order 1 pip, and support said cant fix the problem.. To me, its not comfort, sad broker

, Indonesia.

When I am looking for a low spreads broker, I stumble upon Firewoodfx banner in a forex trader forum.

I click it, because I am interested with their marketing speech: "spreads starts from 1 pip fixed"

After I read their site, I decided to open premium account with them and deposit $400.

As an EURUSD scalper. I found my favorite playing ground. I can put tight stop losses (usually i put 5.0-7.0 pips SL with 10.0-15.0 pips TP).

And surprise, after evaluate my profit and loss for 6 weeks trading and withdraw nearly 115% from my equity, I never got any problems with my trading style. It does not like any other brokers, Firewood does not even complaining with my trading styles. The executions quality is always the same, and withdrawal always smooth.

I think , I found my dream broker. Will try to stay here , and maybe will try their PAMM feature next to multiply my earnings

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