What is AnnexFx?
AnnexFx is a forex and CFD broker based in Estonia. It offers leverage up to 1:500, spreads from 0.0 and a minimum deposit of $250. Clients trade on MetaTrader 4.
Is AnnexFx safe and regulated?
AnnexFx is regulated by Ministry of Affairs, Estonia. This is an offshore regulator. It sets capital and reporting rules, but its investor protection is lighter than tier-1 regulators such as the FCA (UK), CySEC (Cyprus) or ASIC (Australia), and there is usually no investor compensation scheme.
Offshore regulation is also the reason the broker can offer leverage up to 1:500 and trading promotions, which tier-1 regulators restrict for retail clients.
Safety checklist before you deposit
- Find the licence number on the broker's website and check it on the regulator's official register.
- Check that client funds are held in segregated bank accounts.
- Make a small first deposit and test a withdrawal before you add more.
- Confirm negative balance protection applies to your account type.
AnnexFx account types
The broker offers several account options so beginners and experienced traders can choose the right fit. Accounts open from a $250 minimum deposit.
| Account | Best for | Available |
|---|---|---|
| Mini account | Beginners trading small lot sizes | Yes |
| VIP account | High-volume traders wanting raw spreads | Yes |
| Islamic (swap-free) | Traders who need no overnight interest | Yes |
| Managed account | Investors who prefer a money manager | No |
Trading platform and conditions
AnnexFx provides MetaTrader 4.
- Scalping and hedging are permitted, which suits short-term and EA-style strategies.
- News trading is allowed during high-impact economic releases.
- Spreads from 0.0 are available on raw pricing, with a commission per lot.
- Leverage up to 1:500 gives large position sizes from a small deposit, which also raises the risk of fast losses.
Deposits and withdrawals
AnnexFx supports 1 funding method, including Bank write. Accounts can be held in 1 base currency (EUR / USD / AUD), which helps you avoid conversion fees.
AnnexFx bonus: Yes
How the promotion works
The current AnnexFx promotion is Yes. Entry rules, dates and eligible countries are set by the broker. Read the full terms on the AnnexFx website before you trade for it.
Check the promotionLooking for free trading credit instead? Compare the latest forex no deposit bonus offers and forex deposit bonuses.
AnnexFx pros and cons
Pros
- High leverage up to 1:500
- Raw spreads from 0.0
- Scalping and hedging allowed
- News trading allowed
- Islamic, VIP and Mini accounts
Cons
- Only offshore regulation
- No investor compensation scheme
- $250 minimum deposit is higher than some rivals
How to open an AnnexFx account
- RegisterVisit the AnnexFx website and sign up with your name, email and phone number.
- Verify your identityUpload a passport or national ID and a recent proof of address (KYC).
- Choose an accountPick Islamic, VIP, Mini or a standard account, and your base currency.
- Fund the accountDeposit at least $250 with Bank write.
- Start tradingLog in to MetaTrader 4 and set your risk per trade.
Is AnnexFx a good broker? Our verdict
AnnexFx suits active traders who want high leverage, raw spreads, freedom to scalp or trade the news. The main trade-off is regulation: an offshore licence gives less protection than a tier-1 regulator. Start small, test a withdrawal, and only trade money you can afford to lose.