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Direct FX Guide – Read our In-Depth Direct FX Review

This Direct FX review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

Please note that due to regulations, the content in this Direct FX review does not apply to US users.

This Direct FX review contains the most recent information about Direct FX.

If you're a new entrant in the world of trading and brokerage, so many details will be perplexing for you. Getting into the area of trading demands expert assessing skills and comprehensive knowledge. You'll get adept at all of the concepts of brokerage since you keep trading. For starters, you have to select the ideal broker who will be transparent with you constantly.

Within this fast-paced universe of stock markets and trading, you'll need guidance to make correct decisions. A professionally direct investment program will create hefty returns. Direct FX is just one such stage which will take you along with your investment into great heights. It's crucial that you know all about Direct FX before you trust them with your money.

Direct FX review

Our full Direct FX Review covers everything you need to learn about trading with Direct FX. A fantastic agent can multiply your initial investments and provide you favorable profits. If you want to make profits, you must trade with a broker service that contrasts with your investment goals.

There is no sure-fire method to ensure profits; thus, you should carefully analyze your agent before you choose them. It's a frequent misconception that all agents are exactly the same, but that's not true. Wrong judgment, initially, can set your investments at risk.

Direct FX is a broker which has paved its way successfully into the broker world. Within this review, we've attempted to collate a number of the vital facets of Direct FX. This review can help you to understand whether Direct FX is a good fit for your own investments or not. We've attempted to breakdown all the features and fees for your convenience.

Direct FX Review, Table Of Contents

Who are Direct FX?

Direct FX is a forex broker headquartered in New Zealand and provides a range of tools for online trading. Since its beginning in 2006, Direct FX has emerged as a top player in the field of online broker. Direct FX has a highly aggressive and full-featured trading website that's focused on currency, indices, metals, stocks and commodities.

Over the past 15 years, Direct FX has grown into one of the leading online brokers.

After launching in 2006, their customer base has become as large as 10,000+ clients.

Direct FX is the favorite of many traders.. Our Direct FX review found that they are an excellent choice for automated trading options. It's best suited for investors that are looking for a variety of assets. Social and automated trading solutions are the heart at Direct FX.

Technology plays a significant role at Direct FX. Direct FX offers trading on . Direct FX is honest, transparent, and a well-regulated broker by the Unregulated. Their outstanding array of tools will be beneficial for the majority of traders. Third-party partnerships also provide in-house research.

The educational department at Direct FX is very insightful for new dealers since it allows them to have a closer look at the financial markets. Direct FX caters to all types of traders and are a must-have broker for any well-diversified approach to trading.

Benefits of doing online trading with Direct FX?

Trading with Direct FX includes numerous benefits. These advantages are what sets Direct FX apart from all other online brokers. You need to check all the benefits listed so you have a better comprehension of Direct FX.

The broker goes to great lengths to comprehend what dealers need. As a result, the service cost is low, quick, and convenient. The broker also gives a variety of platforms for all types of traders. Direct FX ensures that the individual needs of all traders are duly met.

Direct FX also features excellent trading conditions that are available to only an elite class of institutional clients. The tight spreads and fast executions are a great benefit for the traders. The technology adopted by Direct FX is of the maximum caliber, making sure that it's fast, dependable, and efficient.

Direct FX acknowledges the importance of owning a quick order execution. A quick execution will allow users to trade without worrying about slippage safely. It is going to also aid the dealers to grab the maximum profitable opportunities.

Automated trading is another important aspect of Direct FX. A new trader can learn from industry experts utilizing the automatic trading alternative. The tight spread starts from as low as 0.0 pips, though they are available for just razor accounts.

Direct FX has over trading instruments to support all types of traders. These instruments are dynamic and suitable for both the new and experienced traders. The dealers can put aside all their concerns when trading with Direct FX.

Direct FX overview

Year Founded: 2006

Regulated By: Unregulated

Hedquarters: New Zealand

Minimum Deposit: $1

Number Of Clients: 10,000+

Losses can exceed deposits

If you feel that Direct FX is not right for you then at the bottom of this Direct FX review you wil find a lot of alternatives to Direct FX.

What you ought to know about trading using Direct FX

Direct FX is a dynamic platform that offers various methods of trading online. These instruments cover the monetary markets considerably. Most of the broker platforms provide less approaches than Direct FX

If you would like to trade with Direct FX, you will need a minimum deposit of $1. This deposit is compulsory if you wish to start trading using Direct FX. This 2021 Direct FX review will direct you easily about trading with them.

Direct FX is as versatile as another brokerage platform. Direct FX is great for traders that want a manageable variety of low-cost services. The programs offered by Direct FX are third party, white-label offerings. All traders may pick out of .

Together with everything, Direct FX has multiple benefits to new and verteran traders and should be investigated. There is no minimum time on which a trade must be kept open. The brokers offer premium client service which rewards customers with benefits.

Many unethical brokers try to pressurise consumers into bigger funding for superior services. Direct FX, on the other hand, is much more concentrated on trading volume. Traders can expect trading conditions to be just, honest and transparent. The more lots traded by the user, the more benefits will come along.

Direct FX accounts are available all over the world and provides excellent service wherever they have clients. There are only a select few countries where Direct FX accounts are not available. Traders in the following countries cannot open or use a Direct FX account:

Is Direct FX Safe To Trade With?

Launched in 2006, Direct FX has been open for 15 years, they have a head office in New Zealand.

Direct FX is regulated by Unregulated. These bodies have rules that mandate that trading platforms have measures in place to keep investor's resources procured. This means that Direct FX users don't need to worry about their money since it's segregated and safely stored in established banks. SSL encryption simplifies each user's private information as well.

You are able to make use of a choice for 2 Factor Authentications (2FA) with Direct FX for increased safety. An SMS for the verification code will be sent to a phone. You'll be asked to input this code to log in to your accounts.

Another concern with fiscal brokers with respect to security may be manipulation of trading. This is highly disadvantageous for users on those platforms. However, this is much more prevalent in the example of Market Maker brokers who compete with customers on the stage.

Pro's & Con's Of Trading With Direct FX

Every online trading platform has a few ups and downs, and no Direct FX review would be complete without showing both sides. This Direct FX review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.

Direct FX Pro's

  • Direct FX is trusted by 10,000+ clients
  • Direct FX doesn't charge withdrawal fees
  • Direct FX doesn't charge inactivity fees
  • Direct FX doesn't charge deposit fees
  • Direct FX doesn't charge CFD fees
  • Direct FX offer trading on
  • Direct FX offer trading instruments
  • Direct FX can communicate in

Direct FX Con's

  • Direct FX does not offer Negative Balance Protection
  • Direct FX does not offer Guaranteed Stop Loss
  • Direct FX doesn't trade major forex pairs
  • Direct FX doesn't trade minor forex pairs
  • Direct FX doesn't trade exotic forex pairs
  • Direct FX doesn't offer trading on cryptocurrencies

Direct FX Review - Compare Brokers Similar To Direct FX

Direct FX Ezinvest London Capital Group (LCG) Charter Prime
Rating 4/5 4/5 4/5 4/5
Minimum Deposit $1 $500 $100 $200
Year Founded 2006 2008 1996 2012
Headquarters New Zealand Cyprus UK Australia
Regulated By Unregulated Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA) Financial Conduct Authority (FCA)
Clients 10,000+ 10,000+ 10,000+ 10,000+
Find Out More
Risk Warning Losses can exceed deposits Your capital is at risk Your capital is at risk Your capital is at risk

Direct FX Review - Regulation And Licencing In More Detail

Direct FX is regulated by Unregulated.

Direct FX, as a business, has a powerful set of rules for ensuring honest trading on its platform. For information encryption purposes, it provides an industry-standard secure socket layer (SSL).

In accordance with the organization's privacy regulations, client information is to not be shared with some other institutions or individuals. Including credit history and other financial details.

Direct FX Review - Awards

    At the time of writing this Direct FX review, they had not received any awards.

Direct FX Review - Minimum Deposit Required

The minimum deposit you must deposit to begin on Direct FX is $1. This is an adequate amount for those just beginning. You can create more advanced residue as you go along. But, ensure you know how to make the most of your money before investing in larger amounts.

Direct FX Review - Commission And Fees Explained

Direct FX is an online broker platform, and many online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the businesses of online brokerages are scaled much better. In other words, an internet broker isn't necessarily affected by the amount of customers they have.

However, this doesn't mean that online brokers don't charge any fees. They charge prices of varying rates for various services to earn money. There are mainly 3 different types of penalties for this purpose.

The first kind of fees to look out for are trading charges. When you make a genuine trade, like buying a stock or an ETF, you're billed trading charges. In these instances, you are spending a spread, financing rate, or even a commission. The kinds of trading charges and the prices differ from broker to broker.

Commissions can be fixed or dependent on the traded quantity. On the flip side, a spread refers to the gap between the buying and selling cost. Financing or overnight rates are people that are charged when you maintain a leveraged position for more than a day.

Aside from trading charges, online brokers also charge non-trading fees. These are dependent on the activities you undertake in your accounts. They're charged for operations like depositing money, not investing for lengthy periods, or withdrawals.

Generally, Direct FX does not charge high fees compared to other online agents. For operations other brokers charge for, they either do not charge a brokerage fee, or they charge a smaller amount. This can be beneficial for people who regularly trade, such as daily or weekly trading.

But, non-trading fees billed by Direct FX are relatively competitive. As a result, you're charged more for non-trading activities on your trading account, like deposits and withdrawal. These aren't about the purchase and sale of assets.

This Direct FX review breaks down every one of the applicable non-trading fees for you in detail.

Compare broker fees against Direct FX

Direct FX Ezinvest London Capital Group (LCG) Charter Prime
Minimum Deposit $1 $500 $100 $200
Withdrawal Fees variable No $30
Inactivity Fees No
Deposit Fees No
CFD Fees Yes (0.1% - 0.25%)

Direct FX Review - Withdrawal Fees Explained

Direct FX doesn't charge withdrawal fees

Withdrawal of cash is possible at any time from your Direct FX account. You can withdraw sums up to the amount of your account balance, keeping aside the perimeter utilized. One thing to keep in mind is that you don't always have to have any cash on your accounts.

Moreover, the withdrawn money will be moved directly to the account you use to create deposits. Therefore, if you used a credit card for deposits, the withdrawn money will be sent to the card. Direct FX will ask you to provide other withdrawal methods in case your details have changed since your deposit.

There is a minimum withdrawal amount. In the event you're withdrawing money in different currencies from USD, a conversion fee is also important. The conversion fee will be dependent on the currency you are choosing to draw in.

Direct FX Review - Inactivity Fees Explained

Understanding whether you will be charged inactivity fees is only one of the buzzing questions that run through your head when open an account with Direct FX. An inactivity fee is an amount charged to registered traders who haven't participated in purchasing or selling for a while. The period considered inactive is decided by the broker.

The inactivity fee differs from one broker to another and is not standardized. If a dealers account doesn't have a buying or selling transaction, it is claimed by the broker as an inactivity fee. The traders have to pay this commission under terms and conditions they had agreed while registering.

Direct FX doesn't charge inactivity fees so you are free to use your account as needed

Even if no charges have been indicated by Direct FX, it's best that you close the account if you're inactive. Inactivity fees are not only charged by broker companies but also many financial services.

For other trading platforms, the inactivity fee is contingent upon the type of account you've chosen. The inactivity fee is subjected to a lot of circumstances and needs to be revealed clearly by the broker beforehand.

Direct FX Review - Deposit Fees Explained

When you transfer money in your trading account by the bank account, a deposit fee can be charged by the broker. Most agents don't charge too much money for this operation.

Direct FX doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed

Depositing cash on the Direct FX trading platform is easy. You just have to finish a single-user profile questionnaire to start depositing money into your trading account. You will need to give an identity proof and evidence of residency to deposit substantial amounts.

Direct FX Review - Compare Broker Deposit Methods

Direct FX Ezinvest London Capital Group (LCG) Charter Prime
Minimum Deposit $1 $500 $100 $200
Credit Card Yes Yes
PayPal No No
Neteller Yes Yes
Skrill Yes Yes
Payoneer No Yes

What Can You trade With Direct FX?

Note: Direct FX offers a lot of different trading instruments due to regulatory restrictions in various countries. Trading instruments offered may be different based on the country of residence of the client.

Direct FX has a wide variety of over instruments available for you to trade with.

If trading forex pairs is of interest to you then Direct FX offer over forex pairs.

Compare Direct FX, Ezinvest, London Capital Group (LCG) & Charter Prime below.

Direct FX Ezinvest London Capital Group (LCG) Charter Prime
Platforms MT4, mac, Android.iPhone/iPad MT4, Web Trader, Tablet & Mobile apps MetaTrader 4
Instruments Available 97 100 71
Forex & Crypto
Forex Pairs Available 70
Offers Major Forex Pairs? Yes Yes Yes
Offers Minor Forex Pairs? No Yes No
Offers Exotic Forex Pairs? No Yes Yes
Offers Cryptocurrencies? No No Yes
Commodity CFD's
Commodities Offered 0 0 10 0
Trade Metals? Yes Yes Yes
Trade Energies? Yes Yes Yes
Trade Agricultural? Yes Yes Yes
Indiced & Stock CFDs
Stocks Offered 0 10 0
Trade UK Shares? Yes Yes No
Trade US Shares? No Yes Yes
Trade German Shares? No Yes No
Trade Japanese Shares? No Yes No


Losses can exceed deposits


Your capital is at risk


Your capital is at risk


Your capital is at risk

Alternatives To Direct FX

If, after reading this Direct FX review, Direct FX does not meet your requirements check out these Direct FX alternatives.

We've scoured the internet to find the best alternatives to Direct FX. Click on the hyperlinks below to find out more.

Frequently Asked Questions about Direct FX

Can I try Direct FX before I buy?

Yes, you can most definitely try Direct FX before you buy. Direct FX provides demo accounts for the ease of inexperienced traders. You may use this feature to build your faith in the machine as well as yourself and your trading strategies.

If you sign up for a demo account on Direct FX, you will set out using a decent amount of virtual money. It's to establish a sense of safety and confidence in you before you choose to spend your own money.

With this digital Direct FXdemo account, you can experiment in any way, to whatever length you wish. You can also start positions, examine different trading strategies, and much more.

Direct FX specifies on its official site that you can exchange real time stocks in a demo account.

Is Direct FX safe?

You can drop all of your worries because we believe that Direct FX is totally safe to use. It is in compliance with all the principles of Unregulated.

Even so, Direct FX does not provide assured stop-loss protection.

Why does Direct FX ask for my passport?

The reason that Direct FX asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, Direct FX has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, Direct FX must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.

How can I start trading with Direct FX?

The process to start trading withDirect FX is perhaps simple enough to be a cakewalk. You need to begin by signing up on the Direct FX website. It will require you to fill in details pertaining to the credibility and security of your account.

Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live acocunt with Direct FX is $1. You should have a good hold over the nuances of online trading before you set out and trade with real money.

If you are confident of your knowledge and understanding, you can open an account with Direct FX.

The best way to kickstart your trading career with Direct FX is to open a demo account facility before risking any real money

What funding methods do Direct FX accept?

There are a number of methods to finance your account with Direct FX. The process is effortless and quick, with various payment methods in your fingertips.

You can use credit or debit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal can be at your disposal for depositing money. You have to keep in mind that PayPal isn't available in every country. The currencies Direct FX

Is my money safe with Direct FX?

Yes, your money is safe and protected with Direct FX. As you know, Direct FX operates with proper conformation to. It's established plenty of steps to protect all of its own investors.

Direct FX safeguards its customers' private and sensitive information under SSL encryption. Your funds will be retained highly secure in top-tier banks.

If you want to further protect your account, it is possible to enable Two-Step Verification also. It takes an SMS confirmation for you to access your accounts.

Is Direct FX trading good?

Yes, trading through Direct FX is a pleasant and decent experience indeed. It's an excellent and intuitive platform with useful features for your ease. In addition, you could even gain access to a huge selection of educational tools and assistive material to kickstart your trading expertise.

If you are still skeptical, it is possible to open a eToro demo account and assess the trustworthiness of the platform for yourself.

Which Countries does Direct FX support?

Direct FX operates around the world. However, due to regulations there are some countries that Direct FX does not accept clients resident in

Is Direct FX legit?

Direct FX is a legit company headquarted in New Zealand since 2006. They are regulated by Unregulated. Direct FX is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.

Is Direct FX a good broker?

Direct FX is a great broker, and its own users can vouch for this. The highlight of this platform is its quick order execution on transactions.

You'll discover the clean layout of this platform along with the commendable features that a pleasure to work with.

Is Direct FX a trustworthy broker?

Yes, Direct FX is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can reaffirm their trustable nature.

What is the minimum deposit for Direct FX?

The minimum deposit to open a live account with Direct FX is $1

How long do Direct FX withdrawals take?

Normally, withdrawal of money from Direct FX is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from Direct FX to show in your bank account.

Are Direct FX regulated?

Direct FX are regulated by Unregulated

Is Direct FX a market leading broker?

Direct FX is indisputably among the industry leaders. It supports over 10,000+ registered customers and over 15 years of experience on its own record. They're among the world's leading trading platforms and a dominant figure in the Fintech revolution.

It simplifies this standing to its unbelievable platform and wide selection of resources plus tools so you may put money into capital markets.

Is Direct FX a con?

No, Direct FX is not a con. They are regulated by Unregulated and must adhere to their rules. Thus, it is safe to say that Direct FX is not a scam.

Can you make money with Direct FX?

Through Direct FX, several traders earn a lot of cash. But typically, through consistent trading, you can make between 2% - 10% profit a month.

This may seem to be a little number, but within the entire year, this adds to a substantial amount of gains. Even though Direct FX supply you all of the tools to make money, they can't guarantee that you will gain.

Does Direct FX have fees?

Yes. To start trading with Direct FX, you need to deposit $1. Certain commissions while trading additionally applies. Any processing fees from your bank might need to be incurred by you.

When was Direct FX founded?

Direct FX was founded in 2006 in New Zealand. Direct FX is regulated by Unregulated.

How many people use Direct FX?

Direct FX is a globally recognised agent with 10,000+ customers.

Where is the Direct FX head office?

Direct FX has its head office in New Zealand

Does Direct FX offer negative balance protection?

No. Direct FX doesn't offer negative balance protection. If your balance is unfavorable, Direct FX suggests you contact client services. For this, you can correct any imbalances in your account.

Does Direct FX offer guaranteed stop loss?

Direct FX regrettably, doesn't provide guaranteed stop loss. Direct FX provides a chance for its traders to close their trades at their given price. Aside from that, Direct FX does not offer guaranteed stop loss.

Does Direct FX allow scalping?

Yes, Direct FX do permit scalping. Many traders throughout the world choose Direct FX for their scalping services. They offer trading on which allow this.

Does Direct FX allow hedging?

Yes, Direct FX does allow hedging.

Can you trade energies with Direct FX?

No, unfortunately you cannot trade energy stock with Direct FX

Can you trade agricultural shares with Direct FX?

No, unfortunately you cannot trade agricultural stock with Direct FX

Can you trade cryptocurrency with Direct FX?

No, unfortunately you cannot trade cryptocurrency with Direct FX

Can you trade metals with Direct FX?

No, unfortunately you cannot trade metals with Direct FX

Can you trade UK Shares with Direct FX?

No, unfortunately you cannot trade UK shares with Direct FX

Can you trade US Shares with Direct FX?

No, unfortunately you cannot trade US shares with Direct FX

Can you trade Japanese Shares with Direct FX?

No, unfortunately you cannot trade Japanese shares with Direct FX

Can you trade German Shares with Direct FX?

No, unfortunately you cannot trade German shares with Direct FX

Does Direct FX accept bank transfers?

No, Direct FX does not accept bank transfers.

Does Direct FX accept credit cards?

No, Direct FX does not accept credit cards.

Does Direct FX accept PayPal?

No, Direct FX does not accept PayPal.

Does Direct FX accept Skrill?

No, Direct FX does not accept Skrill.

Does Direct FX accept Payoneer?

No, Direct FX does not accept Payoneer.

Does Direct FX accept Neteller?

No, Direct FX does not accept Neteller.

Does Direct FX offer Live Chat customer support?

No, Direct FX does not offer customer support through live chat.

Does Direct FX offer phone customer support?

No, Direct FX does not offer customer support over the telephone.

Does Direct FX offer email customer support?

No, Direct FX does not offer customer support through email.

What languages can Direct FX communicate in?

Direct FX has the ability to communicate and support customers who speak:

Does Direct FX have a wikipedia page?

No, Direct FX does not have an official wikipedia page.

Does Direct FX offer demo accounts?

Yes, Direct FX offers demo accounts so you can learn their systems before risking any real money.