Forex.EE vs FirewoodFX

Both forex brokers have built a positive reputation, and feedback from our members supports that. Both brokers have the same overall rating, 3.3. Forex.EE has a higher minimum deposit than FirewoodFX, at 200.0. Both platforms offer their clients bonuses, demo accounts, scalping. Traders should note that Forex.EE offers a minimum lot size of 0.1 and a maximum lot size of 100.0, while FirewoodFX offers 0.01 and 50.0. Forex.EE offers a lower maximum leverage of 1:500, whereas FirewoodFX allows trading with up to 1:1000.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
Overall Rating: Platform: Pricing: Customer service: Features:
3.3/5 (12 reviews)
3.3/5
3.5/5
3.2/5
3.2/5
3.3/5 (4 reviews)
3.6/5
3.6/5
3/5
3/5
Minimum deposit ($) 200.0 10.0
Commission 1.8 0.0
Accepting US clients?
Swap free accounts
Segregated accounts
Interest on margin
Managed accounts
Accounts for money managers (MAM, PAMM)
One click trading
API
OCO orders
Trading over the phone
Hedging allowed
Trailing stops
Mobile trading
Scalping allowed
Bonuses
Demo Accounts
Web based trading
Contests
Decimals 5 4
Minimum lot size 0.1 0.01
Maximum lot size 100.0 50.0
Spread Variable Fixed
Broker type ECN STP
Maximal leverage (1:?) 500 1000
Availability ECN STP
Regulation MKM (Estonia) No Regulation
Trading Platforms MetaTrader 4 (MT4) MetaTrader 4 (MT4)
Funding/Withdrawal methods Wire Transfer, Credit Card, Moneybookers, WebMoney Wire Transfer, Credit Card, Debit Card, Moneybookers, Perfect Money, Neteller, UnionPay, Skrill, FasaPay, Local Deposits
Account Currency USD, EUR, RUB USD
Languages English, Russian English, Chinese, Indonesian, Thai
Country Estonia Saint Vincent and the Grenadines
Trading platform(s) timezone Estonia Saint Vincent and the Grenadines
Other trading instruments - Commodities
spreads
EUR/USD - -
GBP/USD - -
USD/JPY - -
USD/CAD - -
XAU/USD - -

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