FXFlat review: Regulations, Platforms, Trading Instruments and Broker Ratings.

Not yet rated
1.526 • 2 REVIEWS
Stockbrokers of Europe German Stock Broker
Updated: Dec 7, 2023

What is FXFlat?

FXFlat, founded in 1997 by Rafael Neustadt, is a German Forex and Stocks broker regulated by BaFin (German Federal Agency for Financial Services Supervision).

FXFlat offers a wide spectrum of financial instruments including stocks, bonds, options, futures, ETFs, commodities, spot forex and CFDs etc. from over 100 markets in 33 countries.

FXFlat offers trading platforms as MetaTrader 4 (MT4), MetaTrader 5 (MT5), AgenaTrader, ATAS as well as Trader Workstation.

Please read FXFlat Reviews below and share your live trading experiences with this broker.

Broker Details

Minimum Trade Size: 0.01
Maximum Leverage: 200:1
Minimum to Open Live: $200
Established: 1997
Address: Kokkolastraße 1, 40882 Ratingen, Germany
Contact: service@fxflat.com, 0800 - 0393528
Regional offices:
Regulators: BaFIN #ID 109603
Prohibited countries:
Trading platforms: MT4, MT5, AgenaTrader, ATAS (Advanced Trading Analytical Software), Trader Workstation (TWS)
Web Trading: ✅ Yes
Mobile Trading: ✅ Yes

Trading Instruments

Currencies: (25+)
Cryptocurrencies: (10+) Bitcoin, Litecoin, Ethereum
CFD: (390+) Gold, Silver, Stocks, Stock Indexes, Bonds, Oil, Futures, ETF

Trading Conditions

Hedge: ✅ Yes
EAs/Robots: ✅ Yes
News Trading: ✅ Yes
Scalping: ✅ Yes

Managed Accounts & Social Trading

Deposit Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Giropay, iDEAL, Maestro, PayPal, Skrill, SOFORT
Withdrawal Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Giropay, iDEAL, Maestro, PayPal, Skrill, SOFORT
* Please check broker website for more information
1.526 • 2 REVIEWS

Recent User Reviews of FXFlat

Almeria, Spain,
Apr 29, 2022,
Registered user

Fraud and unethical B-Book practices

Service use: Live Length of use: 0-3 Months
I stopped working with FxFlat because they started using Metatrader plugins, delaying execution time from 50ms in average to 5000ms, even more than 6000ms just to open/close trades.

I asked them to stop acting unfair and unethical but they replied saying that delays were to prevent generate high level of trading volume in the shortest possible time. But to being his client more time and not to leave the broker.

I told them I'm not linked to any IB and why I would like to generate high trading volume if the more I trade the more commission I pay and their reason was very poor and they should stop doing that and then I will be his client again, because keep doing that is a fraud and unethical.

Their final answer after my last email was to terminate our business relationship and I have received any answer of why they think I was generating a lot of trading volume if I'm not winning nothing, but paying more fees.

So the conclusion is: they are running a fraudulent B-Book brokerage where they apply manipulation, delays and adding slippage to clients they are profitable or are afraid of. They claim in their website they are fair and have the best execution for their clients, but the truth is they will be fraudster with their profitable clients.

I was open to get back with them as client if they declare to stop doing this kind of things and apologize with me, but they never did any of tried to get angry because of my claims.

Stay away from this broker.
1 trader has found this review helpful
Stefan Steines
Karlsruhe, Germany,
Jul 5, 2014,
Registered user

Login get lost , account get deactivated without reason .
Service dont help for 2 days .