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FX-Advisor Review

 

About FX-Advisor ReviewFX advisor logo big

FX-Advisor review will help South Africans understand this service better. To simplify, FX-Advisor is a bridge or a connection between the trader and the broker. They connect the trader with the broker that is the best for their country. FX-Advisor is connecting traders only with regulated and licensed brokers. Since the online trading scams appear now more than ever, we welcome this approach.

FX-Advisor is not a broker, a trading robot, or a copy trading platform. They filter brokers and find the ones that fit their high criteria and then connect them with traders. Thanks to high standards, traders can find a broker in just a few clicks instead of wasting time on analyzing brokers, while some of them being at least of concerning quality.

“General Risk Warning: Between 74-89 % of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

In our FX-Advisor review, we will help you find out more about account types, demo accounts, deposit methods, platform, customer support, and exclusive education FX-Advisor is offering. Make sure to find out whether FX-Advisor is a scam or not?

FX-Advisor Trading Accounts

If you have ever tried to open an account with the broker, you know that some of them offer a variety of trading account types. You can choose the one that fits your needs and experience.fx-advisor banner

Still, claiming to have different account types, and being able to open a trading account are two different things. Some brokers simply put minimum deposit limit as high as $500 or even $1,000, and that is only for the trader to get access to limited assets and tools. Other brokers don’t even have different account types but offer the same account for everyone. Considering how beginners and professional traders have different needs, goals, and trading styles, such an approach makes no sense. Traders will definitely won’t be grateful to pay more than others and get the same level of service. Imagine paying $1,000 and getting only basic tools and features.

FX-Advisor found brokers that not only offer a great selection of trading accounts, but also have low deposit limits. The minimum deposit never exceeds $250, which means that traders don’t have to make a big initial investment. Also, professionals will get more advanced accounts that fit them better than basic trading accounts. FX-Advisor managed to find the perfect combination of trading accounts among regulated brokers. Even though that doesn’t seem important, having a regulated broker is one benefit all traders should insist on. Transparent trading conditions mean transparent trading.

FX-Advisor Demo Account

The demo account is always a favorite among South African traders. It can be considered the best learning tool for online trading. The demo account is a virtual account with virtual money. You place trades on a platform that looks exactly like the real trading platform, but the money is not real. You can’t make any losses while using the demo mode, as your deposited money is on the real trading account, waiting for you. You can switch between the demo mode and real trading mode, simply by clicking the button.

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Demo accounts are not popular with beginners only. Yes, beginners use the demo account to learn more about the trading platform and see what trading looks like, but professionals use it to put their trading strategies to the test and get used to the new broker. Considering how the demo account is the mirror image of real trading account, it is understandable that professionals put a lot of effort to perfect their trading skills by using it.

FX-Advisor found brokers who offer free demo accounts and support their traders along the journey.

FX-Advisor Trading Platform

We can talk spreads and demos all we like, but without the trading platform, there is no trading. The trading platform is where trading takes place. Modern trading interfaces are intuitive and they allow traders to grasp the trading in a no-nonsense way. Of course, the more platform types broker has to offer – the better. Every trader should be able to find a trading platform that suits him, and we all know-how professionals and beginners usually have different trading preferences.

FX-Advisor found several brokers that have a great variety of platforms for all types of traders – from beginners to most professionals ones. Make sure to learn more about them.

Web Trader Platform

Web trader platform is accessible exclusively from your internet browser. You never have to download anything. This makes it very accessible even for traders without much technical knowledge and is a perfect choice for beginners. Simply open your internet browser, use the login data, and trade!

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Web trader platforms are usually very holistic and intuitive. Even traders with no experience find them easy to use. They contain more than enough tools and features to ensure sophisticated trading once you reach that level.  Of course, this platform can be used by professionals as well, but traders who are only starting simply love it.

MetaTrader4 Platform

MetaTrader4 is one of the most popular platforms that are the top choice of many experienced traders. IT comes in a number of versions. You can choose the platform according to your:

  • Device (web-based, desktop-based, mobile)
  • And operating system (iOS, Windows, Linux)

Traders who want to use the MetaTrader4 platform will definitely find the version they are looking for. MT4 has integrated several languages, numerous tools, features, strategies, and some additional services as well. Even though it is not complicated to use, beginners may find them overwhelming as it has so many useful features. Make sure to try it on a demo first.

Mobile App

Mobile apps are becoming increasingly popular for a simple reason:  they guarantee you can trade anyplace and anytime. Traders who use mobile apps can react at the exact moment they want, and never have to wait to come home. For example, if they think the price is moving differently than they predicted, they can close the trade early. Also, if they receive market news on some popular asset, they can utilize their knowledge and trade immediately, without any delay.

Mobile apps are equally safe as other platforms as they use powerful safety encryptions.

FX-Advisor Education and Customer Support

FX-Advisor really put a lot of effort into finding brokers who have reliable customer support. Even if you don’t think of it as important, customer support can make or break a deal with the broker. Professional customer support will be there for you when you need more information on your requested withdrawal status, deposit methods, new competitions etc., but they will never force you to trade or make a deposit. Professional customer support like that available with brokers that FX-Advisor connects you with is something that can totally change your trading experience.

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FX-Advisor also understands the importance of education, so it connects you with the broker that offers exclusive educational materials. Education is what differentiates a successful from a trader that fails. A successful trader doesn’t rely on luck or self-confidence but on knowledge. Top traders are always trading carefully, don’t rush and try to understand the bigger picture before placing the trade. You can use them as you like and when you like, but it is always better to have some basic knowledge prior to trading. For example, knowing the trading terminology will help you understand the platform better, no matter how user-friendly it is. Learning materials are available in many forms, so you can attend webinars, read e-books, watch videos and explore guides.

FX-Advisor will also send you emails with important market news and updates. Make sure to use them and generate knowledge that will benefit you immediately, or later, when you feel ready for trading.

FX-Advisor Payment Methods

FX-Advisor will connect you to brokers who offer a variety of payment methods:

  • Bank wire
  • Credit cards
  • E-wallets etc.

Brokers available via FX-Advisor are transparent and reliable. They are also regulated, which means they oblige a strict set of rules and legal policies. Transparent trading should be imperative, and these brokers make it possible. Just take a look at their Terms and Conditions. They are accessible to everyone and written that everyone can understand. FX-Advisor made sure you don’t have to pay any extra fees and charges.

Verdict: IS FX-Advisor a Scam?

FX-Advisor is a service that will definitely change the online trading industry. They offer their service to traders looking for a reliable broker. They connect the trader with the broker that is not only the top choice in their country but also has great account types, advanced trading platforms, exclusive educational materials, premium customer support and a variety of deposit methods. FX-Advisor is not a scam, but a service we have been waiting for so long that you can fully trust.

“General Risk Warning: Between 74-89 % of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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