Our Review of FxNet
FxNet is a global and licensed online forex service. The company is also a commodities broker. FxNet operates from Cyprus and is regulated by the Cyprus Securities and Exchange Commission.
FxNet focuses on delivering great customer service and quickly executable trades. The company uses Oracle and Deloitte to power its CRM system. This level of technological sophistication allows FxNet to oversee many facets of a deal simultaneously and attend to all of its clients.
The company is also powered by SimpleTrader, which is an innovative online platform that allows FxNet's clients to begin trading within minutes of signing up.
FxNet has EU regulation status as well as licenses from the EU cross border services. That said, the main regulator of FxNet is the Cyprus Securities and Exchange Commission.
FxNet operates out of Cyprus and the Cyprus Securities and Exchange Commission is the main regulatory body in Cyrus.
FxNet has very wider access to EU markets thanks to its compliance with MiFID regulations.
At FxNet there's a 35% deposit bonus. FxNet also features 24-hour customer service support in many different languages. Funds are segregated at FxNet, and the company even offers monthly cash bonuses.