FirewoodFX Review 2025

Published on:

FirewoodFX

4.5/5 – 2 votes

Website :

firewoodfx.com

Founded :

2014

Headquarters :

St. Vincent and the Grenadines

Trading Desk :

STP

Regulation:

SVG FSA

69.69% of retail CFD accounts lose money

Address :

Suite 305, Griffith Corporate Centre, Kingstown, Saint Vincent and the Grenadines.

Accounts :

Cent, Micro, Standard, Premium and ECN

Max Leverage :

1:1000

Min Deposits :

$10

Base Currencies :

USD

Swap Free :

Yes

Demo Trade :

Yes

Copy Trading :

Yes

Commission :

$7 per lot on ECN account

Platform :

MetaTrader 4, Mobile App, WebTrader

Products :

Forex, Cryptocurrencies, Indicies, Commodities, Share CFDs, ETFs.

Funding Methods :

Bank Transfer, USD Tether, Credit Card, Unionpay, Neteller, Skrill, Vietnam Exchanger, FasaPay, PerfectMoney

Language :

English
4.5/5 – 2 votes

FirewoodFX is a forex broker established in 2014 and headquartered in Kingstown, St. Vincent and the Grenadines. Founded by a group of forex trading professionals, the company aims to provide a superior trading experience for clients, believing that improved client satisfaction leads to increased trading volume and mutual benefits.

FirewoodFX offers trading on over 30 forex currency pairs, along with gold, silver, equity indices, and energies, through the MetaTrader4 platform. The broker provides traditional 4-digit pricing with fixed spreads starting from 1 pip and STP execution on a minimum trading size of 1,000 units.

Pros

  • No commission. No Swap
  • Fixed spread from 1 pip
  • Low minimum deposit
  • Fast execution speeds
  • Up to 1:3000 Leverage

Cons

  • Few trading platforms
  • Limited research content

Forex margin trading involves substantial risks. 72.12% of retail investor accounts lose money when trading ᏟᖴᎠs with this provider.

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