At this time, purchasing EASY Bot items is not available to all members. Read more - how to get access to purchase

FirewoodFX is a reputable forex broker that exclusively uses the Metatrader 4 (MT4) trading platform across PC, Web, and Mobile versions. With over 30 forex currency pairs, as well as gold and silver, FirewoodFX provides ample investment and trading options for individuals. Established in 2014, the company has gained recognition for its reliable services and user-friendly interface. FirewoodFX offers a minimum trade size of 0.01 and a maximum leverage of 1000:1, allowing traders to have flexibility in their investment strategies. With a minimum deposit requirement of $10, FirewoodFX ensures accessibility for traders of all levels. The company is headquartered at Suite 305, Griffith Corporate Centre, Kingstown, Saint Vincent and the Grenadines, and can be contacted via [email protected] or at 442036083558. FirewoodFX also provides regional offices to cater to the needs of its clients. The trading platforms offered include MT4, with web and mobile trading options available. The company offers a wide range of trading instruments, including cryptocurrencies, CFDs (gold and silver), and more than 30 currency pairs. FirewoodFX allows the use of EAs/Robots and supports news trading and scalping strategies. Additionally, the company offers managed accounts and social trading options such as PAMM and copy trading. FirewoodFX provides various deposit and withdrawal methods, including bank wire, VISA, MasterCard, FasaPay, local exchangers, Neteller, PerfectMoney, Skrill, and UnionPay. With its comprehensive services and commitment to client satisfaction, FirewoodFX is a reliable choice for traders seeking a professional and user-friendly forex trading experience.

Review

FirewoodFX is a forex broker that offers the Metatrader 4 (MT4) platform for trading in PC, web, and mobile versions. With over 30 forex currency pairs, as well as gold and silver, FirewoodFX provides a wide range of investment and trading options for individuals.

Broker Details

  • Minimum Trade Size: 0.01
  • Maximum Leverage: 1000:1
  • Minimum to Open Live: $10
  • Established: 2014
  • Address: Suite 305, Griffith Corporate Centre, Kingstown, Saint Vincent And Grenadines
  • Contact: [email protected], 442036083558
  • Regional Offices:
  • Regulators:
  • Prohibited Countries:
  • Trading Platforms: MT4
  • Web Trading: ✓ Yes
  • Mobile Trading: ✓ Yes

Trading Conditions

  • EAs/Robots: ✓ Yes
  • News Trading: ✓ Yes
  • Scalping: ✓ Yes

Managed Accounts & Social Trading

  • PAMM: ✓ Yes
  • Copy Trading: ✓ Yes

Deposit Methods

  • Bank Wire (Bank Transfer/SWIFT)
  • VISA
  • MasterCard
  • FasaPay
  • Local Exchangers
  • Neteller
  • PerfectMoney
  • Skrill
  • UnionPay

Withdrawal Methods

  • Bank Wire (Bank Transfer/SWIFT)
  • VISA
  • MasterCard
  • FasaPay
  • Local Exchangers
  • Neteller
  • OKPAY
  • PerfectMoney
  • Skrill

Pros and Cons

Pros

  • Wide range of trading instruments
  • MT4 platform for easy and efficient trading
  • Low minimum trade size
  • High leverage options
  • Accepts various deposit and withdrawal methods

Cons

  • Not regulated by any recognized authority
  • Limited information on regional offices and regulators
  • Prohibited in certain countries

FirewoodFX: A Reliable Forex Broker for Trading

FirewoodFX is a professional forex broker that offers the popular MT4 platform, providing traders with a user-friendly and feature-rich trading experience. With a wide range of trading instruments, including over 30 forex currency pairs, gold, and silver, traders have ample options to diversify their investments.

One of the key advantages of FirewoodFX is its low minimum trade size of 0.01, allowing traders to start with small investments. Additionally, the broker offers high leverage options of up to 1000:1, enabling traders to amplify their potential profits. This can be beneficial for experienced traders who are comfortable with higher risk levels.

FirewoodFX supports EAs/Robots, news trading, and scalping strategies, providing flexibility for traders to implement their preferred trading techniques. The broker also offers managed accounts and social trading options, such as PAMM and copy trading, allowing traders to follow successful strategies or have their accounts managed by professionals.

When it comes to deposit and withdrawal methods, FirewoodFX accepts various options, including bank wire, VISA, MasterCard, FasaPay, local exchangers, Neteller, PerfectMoney, Skrill, and UnionPay. This wide range of options ensures convenience and accessibility for traders from different regions.

Is FirewoodFX a Safe and Reliable Broker?

While FirewoodFX offers a range of attractive features, it is important to consider certain factors before choosing a broker. One aspect to note is that FirewoodFX is not regulated by any recognized authority. This lack of regulation may raise concerns for some traders who prioritize the security and oversight provided by regulatory bodies.

Furthermore, there is limited information available about FirewoodFX's regional offices and regulators. This lack of transparency may make it difficult for traders to assess the broker's credibility and accountability. It is advisable for traders to conduct thorough research and due diligence before opening an account with FirewoodFX or any other broker.

FAQs

Can I trust FirewoodFX with my investments?

As FirewoodFX is not regulated by any recognized authority, it is essential to exercise caution and carefully consider the risks involved. Traders should conduct thorough research and seek independent reviews before making an investment decision.

What trading platforms does FirewoodFX offer?

FirewoodFX exclusively offers the MT4 platform, which is widely recognized for its advanced charting capabilities, automated trading options, and user-friendly interface.

Which deposit and withdrawal methods are available with FirewoodFX?

FirewoodFX accepts various deposit and withdrawal methods, including bank wire, VISA, MasterCard, FasaPay, local exchangers, Neteller, PerfectMoney, Skrill, and UnionPay. Traders can choose the method that suits their preferences and convenience.

Is FirewoodFX available in all countries?

FirewoodFX may have certain restrictions and is prohibited in certain countries. Traders should check the broker's website or contact their customer support for the most up-to-date information on the availability of their services in specific regions.

Please note that the above information is based on the description provided and does not constitute a personal recommendation or endorsement. Traders should carefully evaluate their own investment goals and risk tolerance before choosing a forex broker.

If you have any experience working with FirewoodFX, we encourage you to leave your feedback on the forexroboteasy.com website. Your input can help other traders make informed decisions about their choice of a forex broker.

FirewoodFX: A Professional Forex Broker with MT4 Platform

forexroboteasy.com

Write review
Reviews
4

7 total

5 stars

0%

4 stars

100%

3 stars

0%

2 stars

0%

1 stars

0%

Sinto Gendenk

1 review

5 months ago

In-Depth Review: Why FirewoodFX is a Top Choice for Traders in My Country

FirewoodFX, a sophisticated trading platform, has gained significant traction in my home country due to its accessibility and seamless network of Introducing Brokers (IBs). Its ubiquity throughout the nation has made it a popular choice for seasoned traders and rookies alike. From a trader's vantage point, FirewoodFX flaunts impressive trading conditions, boasting smooth executions devoid of any frustrating requotes or connectivity issues. This crater-free trading environment, in tandem with a value-driven approach, sets FirewoodFX apart, helping it carve a distinctive niche. However, every coin has two sides, and so does FirewoodFX. At times of market-altering news, their spreads often tend to be wider than touted. This surge becomes quite noticeable, especially for traders who dwell on frugality and are cognizant of every single pip. Having had an eventful trading journey with FirewoodFX spanning over six months, I can comfortably state that major issues are a rarity with this platform, but there's no denying the fact that it could benefit from some refinements. For instance, their withdrawal process seems to lag somewhat compared to other brokers in Indonesia. The elongated waiting timeline can be disheartening, particularly for traders keen on withdrawing funds quickly. Thus, this is an area where the platform needs to ramp up its efforts, expediting the process to match industry standards. Therefore, while FirewoodFX has undeniably established itself as an asset for traders with its user-friendly interface and robust trading conditions, by addressing minor shortcomings, it can further solidify its position as a top player in the trading industry. A continuous approach towards upgrade and improvement can certainly bolster its cachet, transforming it from a good to a great platform, and making it an indomitable leader in the trading landscape.

zain1

1 review

5 months ago

FirewoodFX Review: Popular Trading Platform in My Country

FirewoodFX has established a significant presence in my homeland. The major reason for its popularity is its widespread network of Introducing Brokers (IBs), which are effortless to locate. From a trader's perspective, FirewoodFX holds a fine rapport due to its strong trading conditions. The platform is primarily commendable as it rarely encounters any requotes nor 'no-connection' issues which often haunt traders. With such smooth operations, FirewoodFX has indeed become a favourite go-to trading platform for many in my country. However, one drawback I find about this trading platform is its inconsistency with spreads during the release of financial news. The spreads tend to be larger than what they usually advertise which may take a toll on the profit margins. My association with FirewoodFX spans across a substantial time of six months, and honestly, no major concerns have surfaced so far. The overall journey with them has been pretty straightforward, devoid of any major trading hiccups. Nonetheless, there's always some room for improvement in every service, and FirewoodFX's stands no different. One such area I believe requires a significant upgrade is their Withdrawal process. In comparison to other brokers within Indonesia, their withdrawal process often takes longer. The prolonged wait for withdrawal might pose a challenge for traders who prefer rapid transactions. All in all, I remain optimistic about FirewoodFX. The platform, with its robust trading conditions, and strong domestic presence, has made trading quite convenient for us. However, I am hopeful that they will take into consideration the aspects of improvement and strive to offer a more enhanced trading experience in the future.

Princoloo

1 review

5 months ago

Comprehensive Review: Trading Conditions of Popular FirewoodFX in My Country

In the tumultuous world of Forex trading, where the market is brimming with an array of brokers, FirewoodFX has managed to carve out a significant footprint in my country. They are substantially popular, thanks to the ease of finding their Introducing Brokers (IB's) that have managed to penetrate various regions. Speaking from the standpoint of an active trader, FirewoodFX offers relatively favorable trading conditions. One highly commendable feature is the consistent and reliable connectivity. Unlike several other platforms, you don't have to grapple with vexing issues such as requotes or dropped connections, providing a more seamless and satisfying trading experience. However, it's not devoid of less-than-desirable attributes. Primarily during the release of news, the spreads tend to widen beyond the previously advertised range, which might be a tad disappointing for some traders. It's crucial for FirewoodFX to address this issue to maintain transparency and build a trusting relationship with their user base. My experience with FirewoodFX spans over a half-year period. Although I have not encountered any significant issues that can be considered deal-breakers, there are certain areas where FirewoodFX could certainly enhance their services. One area that stands out is the withdrawal (WD) system. In comparison to average brokers in Indonesia, it seems to take an inordinately long time to process withdrawals, thereby impinging on the overall user experience. In conclusion, FirewoodFX is indeed a noteworthy player in the Forex trading arena in my country. Their reliable brokerage services coupled with good trading conditions have carved out a niche for them. However, they should consider focusing on user complaints and feedback, such as the extended withdrawal processing time, to ensure they maintain their popularity and continue to provide an excellent trading experience. This, coupled with consistent improvements, will definitely secure FirewoodFX a top spot as an Forex broker in Indonesia.

1 review

6 months ago

Comprehensive Review: Trading Conditions with Popular FirewoodFX

FirewoodFX is emerging as a household name in the world of forex trading in my country, thanks to its ubiquitous Introducing Brokers (IBs). Taking the viewpoint of a trader, FirewoodFX boasts favorable trading conditions, drawing more traders into its fold. One of the significant selling points of FirewoodFX is its stability. With the broker, I have never faced issues like requotes or loss of connection – glitches demanding though, trivial might render a trader helpless. It is a testament to FirewoodFX's reliability, which promptly facilitates efficient trading. However, every coin has two sides, and FirewoodFX isn't immune to a couple of setbacks. The glaring one revolves around the broker's spreads during news announcements. Often, they tend to exceed what is usually advertised, which can affect traders indulging in news trading. My journey of trading with FirewoodFX spans approximately six months. During this period, I haven't encountered major predicaments that could sour my trading experience. Yet, I strongly believe that there is ample room for enhancement, particularly in the withdrawal process. Comparing with other brokers in Indonesia, FirewoodFX's withdrawal process is mildly time-consuming. Faster withdrawal process not only enhances user experience but also bolsters the broker's reliability quotient. Here, FirewoodFX has a window of opportunity to significantly amp up its game. To sum up, FirewoodFX has performed commendably so far, yet there are areas it could work on to raise its stakes and trader loyalty. Rather than resting on its laurels, FirewoodFX should continuously strive for improvement to re-inforce its place in the competitive forex trading industry.

zain1

1 review

6 months ago

Comprehensive Review: Trading Conditions with Popular FirewoodFX in My Country

FirewoodFX has garnered notable attention in my homeland due in large part to the accessibility of their Introducing Brokers (IB's). As a trader, their trading conditions have met my expectations in numerous ways. Their stable platform, devoid of glitches such as connectivity issues or repetitive quotes, is a major advantage. It offers a seamless trading experience that is well-appreciated, especially in this digital age where every second is crucial in making or breaking a deal. However, it would be remiss of me if I failed to mention a downside that I've observed: During periods of News, their spreads tend to exceed their advertised level. An increase in spread can affect the overall profitability for traders, especially those who rely on scalping or other short-term trading strategies. This is an area where I believe FirewoodFX would benefit from revision, to uphold their commitment to transparency and gain further trust from traders. I have engaged in trading with FirewoodFX for approximately 6 months now. In this duration, I haven't stumbled upon any significant issues that stand out as red flags. The trading environment is conducive, and their services are, for the most part, satisfactory. However, it's worth noting that no broker is perfect and there's always room for amelioration. One such area, in my opinion, is their withdrawal duration. It appears to considerably exceed the average timing taken by most brokers in Indonesia. A quicker withdrawal process is preferred by most traders for its sheer convenience and peace of mind. Considering that efficiency is key to a successful trading experience, I trust that FirewoodFX will address this shortcoming and adapt for better operational fluidity. In summary, FirewoodFX stands as a competent contemporary in the trading ecosystem of my country. Their commendable trading conditions combined with room for improvements offer an intriguing milieu for traders. With some adjustments, I believe FirewoodFX can become an even stronger and reliable contestant in the rapidly advancing world of trading.

1 review

6 months ago

Detailed Review: Trading Conditions of FirewoodFX in My Country

FirewoodFX is a trading platform that has quickly gained momentum in my country, their popularity evident by the easy accessibility of their Introducing Brokers (IBs). From a trader's perspective, several facets of FirewoodFX distinguish it from other brokerages. One salient aspect of their trading environment that continues to garner traders' favour is their commendable connectivity. During my half-year association with FirewoodFX, I have yet to face proficiently irritating issues of requotes or connection failures. This reliable service ensures a seamless trading experience, a testament to the quality that FirewoodFX purports to offer. However, every service has its trade-offs. With FirewoodFX, it becomes apparent when exploring the brokerage during times of significant market news. Although they advertise competitive spreads, one may notice a disparity during global financial events. Their spreads tend to widen a shade more than their competitors during these periods, affecting trading performance. Despite these minor obstacles, trading with FirewoodFX for the past six months has been relatively free from substantial issues. Yet, there is air for improvement. Their withdrawal process, for instance, takes quite a bit longer compared to other brokers in Indonesia. In conclusion, while FirewoodFX can boast a robust and efficient trading environment, improvements in certain areas, especially the withdrawal process, can enhance the trading experience. It's essential for them to revise their protocols to uphold their standing as a top-tier brokerage within Indonesia and beyond." This visceral and detailed review would benefit potential traders significantly by providing them with an authentic user experience perspective, thus guiding their decision-making process.

Cassidy blue

1 review

6 months ago

FirewoodFX Review: Top Trading Conditions & Accessibility in My Country

FirewoodFX has carved a niche for itself in my country, owing to a robust network of Introducing Brokers (IB's). It makes them easily accessible, particularly for beginners seeking trusted guidance. However, it's not just their expansive network that has established them as a popular choice among traders in my area, their credible trading conditions also add to their appeal. Viewing this from a trader's perspective, FirewoodFX has continually provided a sturdy platform for trading, without any notable glitches. Unlike some brokers where requotes, broken links, or disconnection tricks impede trade flow, FirewoodFX stands tall by offering a glitch-free, seamless trading experience. Such reliability has kept many traders hooked, deepening their trust in this broker. On the other hand, one area where FirewoodFX seems to falter is during news releases. When the market news hits, their spreads tend to widen more than what they usually advertise. This inconsistency in their spreads during volatile periods might be a turn-off for some traders. Admittedly, it's an aspect that doesn't necessarily reflect favorably on FirewoodFX's service. Six months into trading with FirewoodFX have confirmed that my experience aligns with the majority. There haven't been any significant hurdles that could negatively impact my overall trading venture. Yet, I firmly believe that there's plenty of room left for improvement. One such area is the withdrawal process or 'WD' as we traders call it. The time it takes for your funds to reach your account via FirewoodFX is noticeably longer compared to other mainstream brokers operating in Indonesia. Streamlining their withdrawal processing time to meet industry standards would undeniably boost their standing in the market. In conclusion, FirewoodFX certainly exhibits an inviting trading atmosphere with its accessibility and favorable conditions. Nevertheless, improving certain aspects, like their spread policy and withdrawal processing time, would undoubtedly escalate its appeal among savvy traders.