What is FXI Brokers?
FXI Brokers is a forex and CFD broker based in Australia, listed with a foundation year of 2021. It offers leverage up to 1:10, spreads from 0.2 pips and a minimum deposit of $250. Clients trade on FXI Brokers for android and iOS and on mobile.
FXI Brokers is an online trading broker that trades on cryptocurrency. Clients are open to trading on major cryptocurrencies like Bitcoin, Ethereum, Bitcoin Cash, Monero, Zcash, Litecoin, Ripple, and other digital currencies. This broker is based on the Fix brokers trading platform. This broker is associated with more than 12 liquidity providers.
This broker has more than 4 types of live trading accounts. These accounts are named basic, silver, gold, and platinum. Each of these accounts has a different deposit range. All the accounts are described below:-
- Basic Account:- This account starts with a $250 deposit and the deposit is limited to thousand dollars. This account is the cheapest account and starting account by this broker. It comes with a 24/7 customer service and professional chart.
- Silver Account:- This account starts with a $2000 minimum deposit and the deposit is limited to $15,000. A personal analyst is included in this account and a monthly private session with an analyst is arranged. Weekly market reviews and financial research is also arranged.
- Gold Account:- This account starts with a $16,000 deposit and the deposit is limited to $50,000. This account comes with a smart money management plan.
- Platinum Account:- This account requires more than a $50,000 deposit. The client will directly be linked with their analyst. The client will have a long-term financial plan by a senior account analyst. The trader will have up to 5 protected trades from the account analyst.
Is FXI Brokers safe and regulated?
FXI Brokers is regulated by FXI Brokers is regulated by ASIC. This is a tier-1 regulator with strict capital rules, segregated client funds and, in many cases, an investor compensation scheme.
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.
FXI Brokers 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 | No |
| Managed account | Investors who prefer a money manager | Yes |
Trading platform and conditions
FXI Brokers provides FXI Brokers for android and iOS, so you can trade from any browser without installing software. Mobile trading is supported as well.
- Scalping and hedging are permitted, which suits short-term and EA-style strategies.
- News trading is allowed during high-impact economic releases.
- Spreads from 0.2 pips are available on raw pricing, with a commission per lot.
- Leverage up to 1:10 gives large position sizes from a small deposit, which also raises the risk of fast losses.
Deposits and withdrawals
FXI Brokers supports 1 funding method, including Wire Transfer. Accounts can be held in 4 base currencies (USD, EUR, AUD, GBP), which helps you avoid conversion fees.
FXI Brokers bonus: <p>This broker is not providing any welcome bonus</p>
How the promotion works
The current FXI Brokers promotion is <p>This broker is not providing any welcome bonus</p>. Entry rules, dates and eligible countries are set by the broker. Read the full terms on the FXI Brokers 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.
FXI Brokers pros and cons
Pros
- Raw spreads from 0.2 pips
- Scalping and hedging allowed
- News trading allowed
- VIP, Mini and managed accounts
- Regulated by a tier-1 authority
Cons
- $250 minimum deposit is higher than some rivals
- FXI Brokers for android and iOS only in our listing, no MT4/MT5 confirmed
- No Islamic account listed
How to open a FXI Brokers account
- RegisterVisit the FXI Brokers 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 VIP, Mini, managed or a standard account, and your base currency.
- Fund the accountDeposit at least $250 with Wire Transfer.
- Start tradingLog in to FXI Brokers for android and iOS or the mobile app and set your risk per trade.
Is FXI Brokers a good broker? Our verdict
FXI Brokers suits active traders who want raw spreads, freedom to scalp or trade the news. Its tier-1 regulation adds a strong layer of client protection. Start small, test a withdrawal, and only trade money you can afford to lose.