Fxonic is an online brokerage firm that has been successfully operating in the field for several years, with a huge group of customers worldwide. It provides trading services on a broad range of financial assets, promising tight costs and fast execution.
Working with a broker like Fxonic might make sense for a lot of people out there who are searching for a reliable brand. If that’s the case for you, then our latest Fxonic review should help you learn more about this brand before registering for a live trading account.
One of the first things to mention is that we’re dealing with a multi-asset CFD broker. Fxonic constantly expands the instruments list, but at the time of writing, traders have access to:
- Currency pairs (FX)
Moreover, it commits to ensuring a no-hidden fee policy, which means traders know what they are charged even before placing an order. Spreads and swaps are the only costs you need to face in this case. Both are variable, influenced by your account type and asset class. Overall, trading conditions look above average and the best part is that even a beginner can get started with ease.
If you want to register online for trading with Fxonic, there are only a few steps to be completed. Opening an account is truly a simple task and things should run smoothly as long as you follow the guidelines provided by the broker.
Additionally, you have to decide on the appropriate account type for you. Fxonic provides a comprehensive offer that includes 6 different options (Starter, Basic, Standard, Premium, Exclusive and PRO).
There is no one-size-fits-all in trading, which is why you should make your pick depending on your personal needs. When looking at the comparison table that you can see above and on the brand’s website, we see that as the account grows, Fxonic provides lower trading costs, dividend yields and access to exclusive assets.
In terms of trading software, Fxonic designed two platforms for its customer base. The first one is a WebTrader, a browser-based solution that you can use on any device, with no installation required.
WebTrader focuses on simplicity and user-friendliness, suggesting the broker is attentive to people with little trading background. At the same time, it carries advanced charting, so you can constantly improve your analysis strategies.
The other platform of choice is MobTrader, which follows the same script, but in this case, the goal is to satisfy the need for trading on smartphones and tablets. The platform runs smoothly on your phone so you don’t have to worry when you need to check the markets on the go.
Fxonic stated that it relies on a team with extensive trading experience and judging by their features, that seems to be the case. The broker offers a competitive ecosystem, addressing all sorts of traders in various countries. You can easily find your desired assets and then go along with trading using the secure software built in-house.