Skip to Content

FXFlat Review & Opinions: Is it Reliable and Safe in 2024?

3.7 / 5

General Information

FXFlat is a German online broker founded in 1997. It is regulated by the BaFin and supervised by the ACPR and AMF.

Having become one of the leaders in Germany with numerous awards and prizes, FXFlat has decided to offer its services internationally, starting with France. Indeed, with more than one million investors, FXFlat believes that its services are well suited to French investors, whom it considers the most sophisticated and demanding in Europe.

To come back to the advantages we wish to offer to the French-speaking world of trading, let’s talk numbers:

  • 1 200 instruments.
  • Up to 500 000 € guaranteed on deposits.
  • 0 € commission on all CFDs

That’s it for the digital part, let’s get physical.

FXFlat opened its offices at 72 rue du Faubourg Saint Honoré in Paris, many of you know this street paved with large stores and leading to the Elysée.

A prestigious street for an offer that is just as prestigious.

What’s more, with its open door policy, FXFlat gives everyone the opportunity to discover the backstage of a broker by meeting his entire team.

Advantages and disadvantages

Wide range of instruments (1 million on the Trader Workstation offer)
500 000 EUR guaranteed on deposits – for all FlatTrader clients
Office in France with 100% French customer service – open to all
Free training online and in FXFlat offices
Microlots on DAX and US30 (0.10 / point)
Not available for Canada
No bonus
No leverage above ESMA
No PEA

Trading Conditions

FXFlat offers very attractive rates with tight spreads on all products. DAX trades from 1 point, US30 from 1.5 points and EUR/USD from 1 pip. Stocks are traded commission free.

On top of that, you should know that your trading account will not be restricted in any way, neither in terms of stops nor in the use of an EA.

Assets offered

FXFlat offers more than a million products on Stocks, Futures, Options, Forex, Cryptocurrencies, ETFs and more. As you can see, listing all of their products would take us a few hours. But a broker bringing together all these products is very interesting for diversification purposes.

You won’t find another online broker offering so many products.

Trading platform

The platforms that FXFlat offers meet many requirements:

  • The most used: FlatTrader. Web-based platform available from any computer whether you are on vacation, in the office or at a friend’s house, you can find your working interface. Very easy to use, this platform allows you to be as close as possible to what is happening on the markets, even if you are far from home.
  • The complete one: TWS. One of the most sophisticated software that exists on the market today. It will meet the requirements of professionals and even institutions. It gives you the possibility to create your own ETFs. But you should know that such a sophisticated software can take a little time to learn.
  • The classic: MT4. Do we still need to describe this software? The most widely used trading software in the world for many years. Very interesting for automatic trading with algorithms.

Mobile application

All the above mentioned platforms can be used from your cell phone. This is very convenient to follow the markets and manage your positions in real time from your smartphone.

Demo Account

FXFlat offers demo accounts for each of the above mentioned platforms, with no time limit.

You should know that all these accounts are customizable. You can indeed put the capital of your choice on this account. It is very important to get close to real life conditions when demoing. This will allow you to work on money management and feel ready to trade in real life.

Very few brokers offer this, so it is important to take advantage of it.

Account types

FXFlat offers several types of accounts for its clients to choose from:

  • Individual account: You can open this type of account on all their platforms with a first deposit starting at €200.
  • Corporate account: available on TWS and Metatrader.
  • Professional account: This type of account gives you access to more leverage.

Account opening

Opening an account is done online and takes only a few minutes. You must fill out a form in which you indicate your personal information as well as your trading experience.

Once the form is completed, you can immediately proceed to validate it via an online verification process called IDnow. This process takes a few minutes and you need to bring your passport. If you don’t have time to do this procedure, you can renew it later.

If the address on your passport is different from the one on the form, you will need to send proof of address (electricity or gas bill, bank statement, tax notice).

An advisor from the office in France will contact you to welcome you and answer any questions you may have. You will then be able to contact him/her at any time if you need to. It is really an advantage to have people available in French who can help and accompany you.

Deposit and withdrawal of funds

Funds are sent to Société Générale in Paris for FlatTrader accounts and to JP Morgan for Trader Workstation accounts.

You can deposit funds while you are filling out the form. This will allow you to validate your trading account more quickly.

Alternatively, you can deposit your funds after the account has been opened. You have several deposit methods:

  • Credit card: credited within minutes (free);
  • SEPA transfer: credited within 24-48 hours (free);
  • Paypal / Skrill : credited in a few minutes (free).

The principle is the same for withdrawals, they are totally free for withdrawals in Euro within the Euro zone. In fact, there are no hidden fees. So you can trade with peace of mind.

Training

In order to put you in the best possible position to succeed, FXFlat offers several training services.
They articulate this around online and physical training.

  • Online: Webinars on the different concepts related to trading. Posted on the FXFlat France YouTube channel and lives directly from the channel with trading personalities or FXFlat specialists.
  • In person: Once a month, FXFlat organizes a training session in its Paris office for about thirty clients or privileged prospects. The purpose of this training is to popularize trading and deepen the various strategies used by FXFlat’s experts.

But that’s not all, at each of these training sessions there will be a renowned speaker.
In addition to participating in the day, this speaker will also do a free webinar for FXFlat and will discuss his or her specialty: technical analysis, price action, psychology, money management, order book trading, options strategy, etc.

Should I trade with FXFlat?

FXFlat, thanks to all of its guarantees, provides optimal security in the trading world and is unmatched by any broker physically present in France.

Our 100% French speaking customer service team will be there to assist you from your demo account to your first real trades.

The fact that you can visit them in their office in Paris is a very good point as well as to benefit from their training.

Reviews on FXFlat

Comments about FXFlat
( 7 )
User rating: 4.4 / 5

Comments: 7

  1. avatar
    tonyluis309
    06/10/2023

    I was scammed a huge sum of money and decided to contact a recovery company via their email address: harperjamesplatform @ gmail com
    they help me recover all my lost funds and profits. They are very honest and reliable with great support to answer your questions 24/7 service. They have good reviews online and they are the best …if you need help with funds recovery you can always get in touch by mail and they can direct you to their recovery website. Everything about them is legit, their English is good ,I highly recommend them due to my experience and have finally got my $82,350 back. I’m so happy.

    1/5

  2. avatar
    wensy laullen
    13/10/2023

    It’s exceptionally hard to believe that this business was founded with the intention of causing customers and investors to lose money and regret their decisions. I was very foolish to have joined this fraud, and I first lost some money as a result. However, with the assistance of experts from Cp-investigation (.) com I was refunded and advised to be wary of most investing firms out there.

    1/5

  3. avatar
    koven
    07/11/2023

    I invested over $250k trading online and all access to make withdrawals of my funds was denied, I got in contact with the customers support but didn’t get a reasonable response from them, all my funds including my profit was stuck on the platform. I was so sad being frustrated over things, until I was advised to contact gavin ray a well known recovery specialist by a friend of mine who has also encounter withdraw issues solved by Gavin , I texted him and presented all legal documents and following all procedures he instructed and he successfully initiated the withdrawal confirming the payment into my bank account, i recommend his services to anyone you can contact him on email [email protected] or WhatsApp ‪+‪1 (352) 322‑2096‬.

    1/5

  4. avatar
    Jimmy loof
    25/01/2024

    Highly Recommended!
    Very insightful, i will also say this here. Investment is one of the best ways to achieve financial freedom. For a beginner there are so many challenges you face. It’s hard to know how to get started. Trading on the Cryptocurrency market has really been a life changer for me. I almost gave up on crypto at some point not until saw a recommendation on Elon musk successfully success story and I got a proficient trader/broker Mr Bernie Doran , he gave me all the information required to succeed in trading. I made more profit than I could ever imagine. I’m not here to converse much but to share my testimony; I have made total returns of $10,500.00 from an investment of just $1000.00 within 1 week. Thanks to Mr Bernie I’m really grateful,I have been able to make a great returns trading with his signals and strategies .I urge anyone interested in INVESTMENT to take bold step in investing in the Cryptocurrency Market, you can reach him on WhatsApp : +1(424) 285-0682 or his Gmail : [email protected] bitcoin is taking over the world, tell him I referred you…….

    5/5

  5. avatar
    Nancy
    06/02/2024

    I invested about $120,000,decided to withdraw after several week but the withdrawal wasn’t successful. I tried to contact the binary options email and phone number, I didn’t get any response from them that was when everything started looking weird. Some weeks later I got a mail from them insisting I should invest more money if I want to withdraw my money which I rejected, and I never heared from them again that was when I knew I had been scammed. I was really devastated at those moment and felt so bad that my hard earned money is gone. Last month I came across a lot of testimonies on many Bitcoin review site how [email protected]
    had helped many people recovered there stolen, scammed or duped money on Bitcoin or any other form of Cryptocurrencies. I contacted them and they promised to help me get back my money. they asked me some personal details of the scammer which i provided. The result was amazing, I recovered all my stolen money back within 6days. I was so happy as i never believed i could get my money back.

    1/5

  6. avatar
    DANIEL RAY
    07/02/2024

    HOPEFULLY THIS REVIEW SAVES SOMEONE OUT THERE!

    Am here to testify about the handwork of A Great Verified Hacker ( Mr Morris Gray )Who helped me recover back my lost funds from the hands of scammers who Ripped me off my money and made me helpless, I could not afford to pay my bills after the whole incident, But a friend of mine helped me out by given me the contact info of trusted Recovery Expert, his email: Morris gray 830 @ gmail . com contact him and he will help you recover your lost funds If you have been a victim of any binary/ cryptocurrency or online scam, Mobile spy, Mobile Hack contact this Trusted and Verified hacker, He is highly recommendable and was efficient in getting my lost funds back, 11btc of my lost funds was refunded back with his help, He is the Best in Hacking jobs, contact him ( MORRIS GRAY 830 AT) GMAIL (DOT) COM….!!!

    4/5

  7. avatar
    Jay Doris
    09/02/2024

    THE ONLY LEGITIMATE CRYPTO RECOVERY EXPERT….!!!

    Good day Audience, I want to use this great medium to announce this information to the public about Mr MORRIS GRAY. few months back, I was seeking an online BTC investment plan when I got scammed for about $172,000. I was so down and didn’t know what to do until I came across a timeline about Mr MORRIS GRAY. so I reached out to him and to my greatest surprise, they were able to recover all the funds which I had previously lost to the Devils. I am so glad to share this wonderful news with you all because it cost me nothing to announce a good and reliable Hacker as Mr MORRIS GRAY, His direct email is Morris Gray 830 at gmail dot com, WhatsApp: +1 (607) 698-0239…..!!!

    5/5

Leave a comment