BrokAIr Reviews

Fx Private Review

"Fx Private is one of the most controversial brokerages out there, with a history of questionable practices that have left many traders feeling scammed and taken advantage of." But could it be that Fx Private is just misunderstood, or are they simply out to take advantage of naive investors?

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Overview of Fx Private

Fx Private is an online brokerage that has been around for over a decade. Founded in 2009, the company has since become one of the leading online brokerages in the world. It offers a wide range of trading services, including access to stocks, ETFs, futures, options, and more. The platform also provides a range of educational materials, including tutorials and webinars, to help traders get started.

Pros

Cons

Founders

Fx Private was founded by two experienced traders and entrepreneurs, Dmitry Kuznetsov and Dmitry Ivanov. Both of them have extensive experience in the financial markets and are passionate about helping traders succeed. They have created a platform that is designed to be both user-friendly and comprehensive in its offerings.

Public Opinion

The public opinion on Fx Private is generally positive. The platform has been praised for its wide selection of financial products, excellent customer service, advanced trading tools and platforms, and competitive pricing. However, some users have noted the high minimum deposit amounts and limited international market access as drawbacks.

Newsworthy Events

In 2017, Fx Private was awarded the Best Trading Platform award by FX Traders Choice Awards. In 2019, the company was included on the list of "Top 100 FinTech Companies" by FinTech Global. Most recently, in 2020, the company received a license from the Financial Services Authority (FSA) in the UK to operate as a fully regulated broker.