Efixxen Review and Rating 2024

Efixxen is a forex and CFDs brokerage firm based in Saint Lucia. While the year of establishment of the company is not publicly available, it is an active broker that provides trading services to its clients. The broker operates from the Sotheby Building, Rodney Bay, Gros-Islet, in Saint Lucia.

Efixxen offers a proprietary trading platform to its clients for trading forex and CFDs. The platform is web-based, and the broker offers mobile trading too. The broker does not offer a demo account, but scalping is allowed. The minimum deposit required to start trading with Efixxen is $250, and the maximum leverage offered by the broker is 1:400. The broker's spreads are floating and start from 0.0 pips.

Products Offered by Efixxen

Efixxen is a multi-asset broker that offers a wide range of financial instruments to its traders. Some of the products offered by Efixxen include currencies, indices, stocks, metals, digital currencies, and commodities.

Currencies

Efixxen offers major and minor currency pairs such as EUR/USD, USD/JPY, and GBP/USD, among others. Traders can access real-time quotes, charts, and news updates for each currency pair through Efixxen's trading platform. This enables them to make well-informed trading decisions based on market trends and analysis.

Indices

Efixxen offers a diverse range of indices such as S&P 500, DAX, FTSE, and Dow Jones Industrial Average, among others. These indices represent a basket of stocks from different companies and industries, providing a broader view of the stock market's overall performance. With leverage options of up to 1:400, traders can easily access these indices and potentially increase their returns on investment.

Stocks

Efixxen's stocks cover various sectors such as equipment rentals, housing rentals, and car rentals. With a focus on emerging markets, Efixxen's stocks provide investors with exposure to regions with high growth potential. With over 200 stocks to choose from, there is something for every investor.

Metals

Investors can invest in some of the most valuable and sought-after metals in the world through Efixxen. These metals include Gold, Silver, Platinum, Palladium, and Copper. By trading these physical commodities based on their current market price, investors can benefit from potential returns and diversify their portfolios.

Digital Currencies

Efixxen offers investors the opportunity to gain exposure to popular digital currencies such as Ripple, Bitcoin, Ethereum, and Litecoin. These digital currencies have gained significant traction in recent years due to their decentralisation and potential for high returns.

Commodities

Efixxen offers a variety of commodities, including gold, silver, oil, coffee, and platinum. With Efixxen's expertise and experience in the commodities market, investors can be sure that their investments are safe and secure.

In conclusion, Efixxen offers a diverse range of financial instruments for traders to invest in. From currencies to commodities, stocks, indices, metals, and digital currencies, Efixxen provides its clients with access to numerous markets worldwide, giving them the opportunity to diversify their portfolios and potentially increase their returns on investment.

Pros and Cons of Efixxen 

Efixxen offers its clients an array of advantages and possible disadvantages that traders need to examine before making a choice of trading platform.

Pros

Vast Market Choices: Efixxen provides a broad range of markets including forex, stocks, indices, and commodities, allowing clients to diversify their investment portfolio and potentially maximize their profits.

Reliable and Fast Trading System: Efixxen's trading system is known to be reliable and fast, enabling clients to execute trades quickly and efficiently resulting in better returns.

Secure Client Transactions: Efixxen prioritizes security and uses advanced encryption technology to ensure all client transactions are secure and protected.

Dedicated Support Team: Efixxen offers a 24/5 support team to assist clients with any questions or concerns they may have.

High Leverage: Efixxen provides efficient high leverage that can be beneficial for experienced traders who want to amplify their profits. However, high leverage should always be used with caution as it also comes with higher risks.

Free Research & Analysis Tools: Efixxen offers its clients free research and analysis tools that can help them make informed trading decisions.

Access to Global Stocks: Efixxen provides access to hundreds of global stocks, providing opportunities for clients to invest in some of the world's leading companies.

Cons

No MT4/MT5: Efixxen does not offer the popular MetaTrader 4 or 5 trading platforms which may be a disadvantage for some traders who prefer to use these platforms.

Unavailability: Efixxen is not available in some countries that include the USA, Iran, North Korea, and Syria. 

Lack of Regulation: Efixxen lacks regulation from major financial authorities, which may be concerning for some traders who prefer to work with brokers that have proper regulatory oversight.

How to open an account with Efixxen?

Here are the steps to follow when opening an account with Efixxen:

• Go to https://efixxen.com/register, which is Efixxen's website

• Fill in the registration form that requires your first name, last name, date of birth, email address, and phone number

• Check and review the terms and conditions of opening an account with Efixxen

• Click on the "Open Account" button to submit your information

• Check your email for a message from Efixxen containing instructions on how to activate your account

• Follow the instructions in the email to activate your account successfully

• Once you have activated your account, log in to the Efixxen platform using your newly created login credentials

• You can now start trading on Efixxen's platform with ease

Opening an account with Efixxen is simple and secure, and you can complete the process within a few minutes.

Efixxen prioritizes customer trust and security by employing various measures to ensure that users' funds and information are always safe. The company utilizes high-end encryption services, including 256-bit SSL encryption, to safeguard personal data during registration and transaction processes, similar to what major financial institutions use.

Moreover, Efixxen separates client funds from the company's finances and keeps them in accounts at top international banks. This additional layer of protection ensures that customers' funds are still secure even if something unforeseen happens to the company's finances. The company also follows strict AML and KYC policies to prevent financial frauds and money laundering, making sure that only legitimate transactions take place.

By implementing these stringent measures, Efixxen shows its unwavering commitment to ensuring customers' hard-earned money remains protected against fraud or theft. With Efixxen's focus on customer safety, traders can invest confidently and securely on the platform, knowing that their investments are being well-protected.

Efixxen Trading Platforms offer an advanced trading experience with various trading platforms that cater to the specific needs of traders. The platform provides access to a wide range of securities and advanced analytical tools, customizable and interactive charts, and real-time market data on preferred securities.

Mobile Trader

Mobile Trader is one of the trading platforms offered by Efixxen that provides traders with a convenient and user-friendly mobile platform to manage their funds and trades on the go via smartphones or tablets. With real-time market data, portfolio and position viewing, and easy trade execution, Mobile Trader is designed to be intuitive and user-friendly.

Linux Trader

For Linux users, Efixxen offers the Linux Trader platform that provides a seamless trading experience on Linux-based devices. It offers real-time market data, charting tools, and other advanced analytics for informed decision making. The platform's optimized design ensures smooth, responsive, and stable trading.

MacOS Trader

MacOS users can take advantage of the Efixxen iOS Trader, which is specifically designed for iOS-based devices. The platform offers a seamless trading experience with real-time market data, portfolio and position views, and the ability to execute trades easily. Like its counterparts, the Efixxen iOS Trader offers sync functionality across all platforms for a seamless trading experience regardless of the device used.

Overall, Efixxen Trading Platforms provide traders with an exceptional trading experience across multiple platforms, making it easy to manage investments and execute trades in today's fast-paced markets.

Efixxen is a leading online trading platform that offers six unique account types designed to cater to the diverse needs of its users. Each account type comes with its own set of features and advantages, enabling traders to choose the one that best suits their trading style and level of expertise.

Let's explore each account type in detail.

Beginner Account

The Beginner Account is an excellent option for new traders looking to venture into the world of online trading. With a minimum deposit of $2,500, users get access to all the basic markets, desktop or web terminal, and mobile trading. Additionally, the account offers analytical materials, one-click trading, and daily analysis. Users can also opt for swap-free or Islamic accounts depending on their preferences.

Standard Account

For those seeking more than just basic market access, the Efixxen Standard Account could be an ideal fit. With a minimum deposit of $5,000, traders gain access to all the benefits of the Beginner Account plus special market coverage. The account also includes desktop or web terminal and mobile trading, analytical materials, one-click trading, and daily analysis.

Intermediate Account

The Intermediate Account is a great choice for traders seeking more advanced tools and market access. This account type requires a minimum deposit of $25,000 and offers access to basic markets including desktop or web terminal and mobile trading. Additionally, users can benefit from analytical materials, one-click trading, swap-free and Islamic accounts, daily analysis, special market coverage, and the use of trading strategies.

Advanced Account

The Advanced Account is designed for traders looking to take their trading game to the next level. With a minimum deposit of $50,000, this account type includes full market access, desktop or web terminal and mobile trading, analytical materials, one-click trading, swap-free and Islamic accounts, daily analysis, and special market coverage. Users can also use their own trading strategies and receive invitations to special events.

Integral Account

The Integral Account is the ultimate solution for serious traders. With a minimum deposit of $100,000, this account type offers full access to all the features of the Advanced Account plus private instant support. Users can benefit from desktop or web terminal and mobile trading, analytical materials, one-click trading, swap-free and Islamic accounts, daily analysis, special market coverage, and the use of trading strategies.

VIP Account

Unlock the ultimate trading experience with Efixxen's VIP Account! With a minimum deposit of $250,000, users get full market access, including Desktop/Web Terminal and Mobile Trading. Take advantage of One Click Trading to make quick and easy trades, as well as Swap-Free and Islamic accounts for risk-free trading. Get Daily Analysis and Special Market Coverage to help inform your decisions. Use your own strategies and attend special events with personalized invitations.

Users can also enjoy private instant support and a dedicated VIP personal manager providing personalized assistance to take their trading career to new heights.

Efixxen is a brokerage firm that prioritizes its customers' needs by offering services without charging any commission. This makes it a cost-effective option for traders looking to maximize their profits. Additionally, the low service costs are an added advantage.

The spreads on the assets offered by Efixxen may vary, but the broker has a relatively high minimum deposit of $2,500 compared to other brokerages. However, traders can quickly and easily make deposits and withdrawals with no additional fees. Withdrawal requests are processed within 1-5 business days, depending on the method used.

Efixxen offers a variety of payment options such as Visa, MasterCard, Wire Transfer, and Bitcoin to make transactions more convenient for traders. This allows traders to choose the method that suits them best and enables them to trade without worrying about any additional charges.

In summary, Efixxen's priority is to provide cost-effective solutions for traders. The brokerage firm does not charge any commission, and while the minimum deposit may be relatively high, there are no additional fees for making deposits or withdrawals. With a range of payment options available, traders can choose the method that works best for them.

Efixxen is committed to providing exceptional customer service and support to its users. The brokerage firm offers various avenues through which traders can get help, including phone and email support.

If you need immediate assistance, you can reach Efixxen's customer support team by phone at +18007500975. Their team of dedicated professionals is available 24/5 to answer any questions or concerns you may have about the platform, your account, or trading in general.

Alternatively, you can also contact Efixxen's customer support team via email at support@efixxen.com. Traders can send an email detailing their issues or questions, and the support team will respond promptly with the necessary assistance.

Efixxen's customer support team is knowledgeable, friendly, and always ready to help. Whether you are a beginner trader or an experienced one, their team will provide the guidance and support you need to navigate the platform and make informed trading decisions.

In summary, Efixxen has a reliable and professional customer support team available round-the-clock. They can be reached via phone or email, and are always ready to assist with any queries or concerns.

Efixxen doesn't fall under any regulatory authority, which might be a concern for some traders who prefer to deal with licensed brokers. However, it's crucial to understand that not having a forex license doesn't mean that a broker is fraudulent or untrustworthy. There are many reputable brokers out there who operate without significant regulatory oversight.

While regulatory bodies provide additional protection for investors, Efixxen offers legal documents on their website under the Company section. This provides transparency and insight into how the company operates, even though it doesn't replace the need for regulation.

Investors should take caution when selecting a broker to work with and conduct thorough research and due diligence before making any final decisions. Regulatory oversight can offer an extra layer of protection, but it doesn't necessarily guarantee reliability or legitimacy in every scenario.

In conclusion, Efixxen is an online broker that offers a wide range of trading services and financial instruments to clients worldwide. With its innovative technology, reliable trading platforms, and diverse market options, Efixxen provides traders with the tools and opportunities to diversify their portfolios and potentially maximize their profits. The broker prioritizes customer trust and security, employing advanced encryption technology and strict AML and KYC policies to protect users' funds and personal information. 

While Efixxen lacks regulation from major financial authorities, it compensates with transparency and commitment to customer safety. The various account types cater to different trading needs, and the absence of commissions and low service costs make Efixxen a cost-effective option. The customer support team is available 24/5 to assist traders with any queries or concerns they may have. Overall, Efixxen presents itself as a reliable and user-friendly broker, offering traders a comprehensive trading experience.