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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 latest information about Direct FX.

If you're a new entrant in the realm of trading and broker, so many facts will be confusing for you. Getting into the world of trading demands expert analyzing skills and thorough understanding. You will get proficient at all the concepts of brokerage as you keep trading. For starters, you need to choose the right agent who will be clear with you constantly.

In this fast-paced world of stock markets and trading, you will need guidance to make correct decisions. A professionally lead investment program will generate hefty returns. Direct FX is one such stage that will take you and your investment to great heights. It is crucial that you know about Direct FX until you trust them with your money.

Direct FX review

Our entire Direct FX Review covers all you will need to learn about trading with Direct FX. A fantastic agent can multiply your initial investments and provide you positive profits. If you want to make profits, you must trade with a brokerage service that contrasts with your investing goals.

There's absolutely no sure-fire method to ensure profits; therefore, you should carefully assess your agent before you select them. It's a frequent misconception that all agents will be exactly the same, but that's not true. Wrong judgment, initially, can put your investments at risk.

Direct FX is a broker that has found its way successfully into the brokerage world. Within this review, we have tried to collate some of the vital aspects of Direct FX. This review will help you to understand whether Direct FX is a good match for your own investments or not. We've tried to breakdown all the features and charges 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 trading. Since its start in 2006, Direct FX has emerged as a top player in the industry of online broker. Direct FX includes a highly aggressive and full-featured trading site that is focused on forex, indices, metals, stocks , commodities.

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

After establishing in 2006, their consumer base has become as large as 10,000+ clients.

Direct FX is a favorite for many dealers.. Our Direct FX review found that they're an excellent choice for automated trading solutions. It's best suited for investors who are searching for an assortment of assets. Social and automated trading options are the core at Direct FX.

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

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

Benefits of doing online trading with Direct FX?

Trading with Direct FX includes many benefits. These advantages are what sets Direct FX apart from the rest of the online agents. You should check all of the benefits listed so that you have a better comprehension of Direct FX.

The broker goes to great lengths to comprehend what traders need. As a result, the support cost is low, quick, and convenient. The agent also gives a number of programs for all kinds of traders. Direct FX helps to ensure that the individual needs of all online traders are duly met.

Direct FX also features excellent trading conditions which are readily available to only an elite group of institutional customers. The tight spreads and quick executions are a great advantage for those traders. The technology embraced by Direct FX is of the highest caliber, ensuring that it is fast, reliable, and efficient.

Direct FX admits the importance of owning a quick order execution. A quick implementation will allow users to exchange without worrying about slippage safely. It is going to also help the dealers to catch the maximum profitable opportunities.

Automated trading is another major aspect of Direct FX. A new dealer can learn from business experts using 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 tools to support all types of traders. These tools are lively and convenient for both the new and experienced traders. The traders can set aside all their worries when trading using 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.

Everything you ought to know about trading using Direct FX

Direct FX is a lively platform that offers various techniques of trading online. These tools cover the financial markets substantially. Most of the brokerage platforms offer fewer approaches than Direct FX

If you would like to exchange with Direct FX, you'll 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 flexible as any other broker platform. Direct FX is great for traders that want a manageable range of low-cost services. The programs offered by Direct FX are third-party, white-label offerings. All traders can select out of .

Along with everything, Direct FX has multiple benefits to new and verteran traders and should be investigated. There's absolutely no minimum time on which a transaction must be kept open. The agents provide premium client service that rewards customers with advantages.

Many unprofessional brokers attempt to pressurise users into larger financing for superior services. Direct FX, on the other hand, is much more concentrated on trading volume. Traders can expect trading conditions to be reasonable, honest and transparent. The more lots traded by the user, the further benefits will come along.

Direct FX accounts are available globally and provides excellent service everywhere they have clients. There are a 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 operating for 15 years, they have a head office in New Zealand.

Direct FX is regulated by Unregulated. These figures have rules that ensure that trading platforms have ploicies in place to maintain investor's resources secured. This usually means that Direct FX users do not need to worry about their money as it's segregated and safely stored in banks that are established. SSL encryption secures every user's personal information as well.

You can make use of a choice for Two Factor Authentications (2FA) with Direct FX for heightened security. An SMS for the verification code will be sent to a phone. You'll be required to enter this code to log into your accounts.

Another concern with fiscal brokers is in regards to security may be manipulation of trading. This is highly disadvantageous to users on those platforms. Nonetheless, this is more widespread in the case of Market Maker brokers who compete with users on the stage.

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

Every online trading platform will have 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 World Forex Review eToro Directshares
Rating 4/5 3/5 4/5 4/5
Minimum Deposit $1 $100 $200 $100
Year Founded 2006 2008 2006 2007
Headquarters New Zealand Vanuatu Cyprus, UK Australia
Regulated By Unregulated Vanuatu Financial Services Commission (VFSC) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) The Portuguese Securities Market Commission (CMVM)
Clients 10,000+ 10,000+ 12,000,000+ 10,000+
Find Out More
Risk Warning Losses can exceed deposits Your capital is at risk 75% of retail investor accounts lose money when trading CFDs with this provider. 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 collection of rules for ensuring honest trading onto its own platform. For information encryption purposes, it provides an industry-standard secure socket layer (SSL).

In accordance with the organization's privacy regulations, client data is never to 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 that you must deposit to begin on Direct FX is $1. This is a decent amount for people just beginning. You can create more complex residue as you go along. However, make certain that you know how to make the most of your money before investing in larger sums.

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 companies of online brokerages are scaled better. In other words, an internet broker is not necessarily influenced by the number of clients they have.

However, this doesn't mean that online brokers don't charge any fees. They charge fees of varying rates for various services to make money. There are primarily three different types of fees for this objective.

The first kind of charges to keep an eye out for are trading fees. When you make a genuine trade, like purchasing a stock or an ETF, you're charged trading fees. In such cases, you are paying a spread, funding rate, or even a commission. The kinds of trading fees and the rates differ from broker to broker.

Commissions can be fixed or determined by the traded quantity. On the flip side, a spread refers to the difference between the buying and selling cost. Funding or overnight rates are people that are billed when you hold a leveraged position for more than a day.

Apart from trading fees, online agents also bill non-trading fees. These are dependent on the activities you undertake on your accounts. They are billed for operations like depositing money, not investing for long periods, or withdrawals.

Generally, Direct FX doesn't charge high fees compared to other online brokers. For operations other brokers charge for, they do not charge a broker fee, or they charge a smaller amount. This is beneficial for people who regularly trade, for example weekly or daily trading.

But, non-trading fees charged by Direct FX are relatively competitive. Consequently, you are charged more for non-trading actions on your trading account, such as deposits and withdrawal. These aren't about the sale and purchase of resources.

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 World Forex Review eToro Directshares
Minimum Deposit $1 $100 $200 $100
Withdrawal Fees $20 Yes variable
Inactivity Fees Yes
Deposit Fees No
CFD Fees No

Direct FX Review - Withdrawal Fees Explained

Direct FX doesn't charge withdrawal fees

Withdrawal of cash is possible at any moment from your Direct FX account. It's possible to withdraw up sums to the sum of your account balance, keeping aside the perimeter utilized. 1 thing to remember is that you don't necessarily have to have any money on your accounts.

In addition, the withdrawn money will be moved directly to the accounts you use to make deposits. Therefore, if you used a credit card for deposits, then the withdrawn cash is going to be sent into the card. Direct FX will ask you to offer other withdrawal methods if your details have changed since your deposit.

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

Direct FX Review - Inactivity Fees Explained

Understanding whether you will be charged inactivity fees is one of those buzzing questions which 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 buying or selling for a while. The period considered inactive is determined by the agent.

The inactivity fee differs from one broker to another and is not standardized. If a traders account does not have a buying or selling transaction, it's maintained by the agent as an inactivity fee. The traders have to pay this fee under terms and conditions they had agreed while enrolling.

Direct FX doesn't charge inactivity fees so you are free to pop in and out of your account as needed

Even if no charges are indicated by Direct FX, it is best that you close the account if you're inactive. Inactivity fees aren't only charged by brokerage firms but also many financial services.

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

Direct FX Review - Deposit Fees Explained

When you transfer money into your trading account from the bank account, a deposit fee can be billed by the broker. Most brokers don't charge an excessive amount of 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 money on the Direct FX trading platform is easy. You simply need to finish a single-user profile survey to start depositing money into your trading account. You will need to give an identity evidence and evidence of residency to deposit large sums.

Direct FX Review - Compare Broker Deposit Methods

Direct FX World Forex Review eToro Directshares
Minimum Deposit $1 $100 $200 $100
Credit Card Yes
PayPal Yes
Neteller Yes
Skrill Yes
Payoneer Yes

What Can You trade With Direct FX?

Note: Direct FX offers many different trading instruments due to regulatory restrictions in a few countries. Trading instruments offered will 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 currency pairs is of interest to you then Direct FX offer over currency pairs.

Compare Direct FX, World Forex Review, eToro & Directshares below.

Direct FX World Forex Review eToro Directshares
Platforms Android Apps, iPhone/iPad, Desktop Web Trader, Tablet & Mobile apps MT4, iOS, MacBook, iPhone
Instruments Available 260 100 86
Forex & Crypto
Forex Pairs Available 50
Offers Major Forex Pairs? Yes Yes No
Offers Minor Forex Pairs? No Yes No
Offers Exotic Forex Pairs? No Yes No
Offers Cryptocurrencies? Yes Yes No
Commodity CFD's
Commodities Offered 0 0 0 0
Trade Metals? No Yes No
Trade Energies? No Yes No
Trade Agricultural? No Yes No
Indiced & Stock CFDs
Stocks Offered 0 0 0
Trade UK Shares? Yes Yes No
Trade US Shares? No Yes No
Trade German Shares? No Yes No
Trade Japanese Shares? No Yes No


Losses can exceed deposits


Your capital is at risk


75% of retail investor accounts lose money when trading CFDs with this provider.


Your capital is at risk

Alternatives To Direct FX

If, after studying this Direct FX review, Direct FX does not fulfill your needs check out these Direct FX alternatives.

We have scoured the internet to find the best alternatives to Direct FX. Click on the hyperlinks below to learn 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 convenience of inexperienced traders. You may use this feature to build your faith in the system and yourself and your trading strategies.

If you sign up for a demonstration account on Direct FX, you may set out using a decent amount of virtual money. It is to establish a feeling of safety and confidence in you before you decide to spend your own money.

With this virtual Direct FXdemo account, you can experiment at all, to whatever period you desire. You can even start positions, test different trading approaches, and much more.

Direct FX specifies on its official site that you are able to exchange real time stocks with your demo account.

Is Direct FX safe?

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

Even so, Direct FX doesn't 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 multiple methods to finance your accounts with Direct FX. The process is effortless and quick, with different payment methods at your fingertips.

You can use debit or credit cards ranging from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing money. You must keep in mind that PayPal is not available in every place. The monies Direct FX

Is my money safe with Direct FX?

Yes, your cash is safe and protected with Direct FX. As you already know, Direct FX works with proper conformation to. It has established lots of measures to protect all of its investors.

Direct FX safeguards its customers' personal and sensitive information under SSL encryption. Your capital will be kept 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 affirmation that you get 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 can also obtain access to a huge collection of educational resources and assistive material to kickstart your trading experience.

If you are still skeptical, it is possible to start a eToro demo account and evaluate the trustworthiness of the platform on your own.

Which Countries does Direct FX support?

Direct FX operates across the globe. However, due to regulations there are some countries that Direct FX can't 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 the platform is its quick order execution on trades.

You'll discover the clean design of the platform along with the admirable features 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 has over 10,000+ registered customers and over 15 years of experience on its record. They're one of the world's top trading platforms and a prominent figure in the Fintech revolution.

It simplifies this standing to its incredible platform and broad range of resources plus tools so you can invest in 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 make a great deal of cash. But on average, through continual trading, you also can make between 2% - 10% profit a month.

This may seem to be a small number, but within the entire year, this adds to a significant amount of gains. While Direct FX supply you all of the tools to earn money, they cannot guarantee you will profit.

Does Direct FX have fees?

Yes. To begin trading with Direct FX, you need to deposit $1. Certain commissions while trading additionally apply. 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+ clients.

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 does not provide negative balance protection. If your balance is unfavorable, Direct FX suggests that you promptly contact customer services. With this, you are able to fix any imbalances in your own account.

Does Direct FX offer guaranteed stop loss?

Direct FX unfortunately, does not offer guaranteed stop loss. Direct FX provides a chance for its traders to close their trades in their specified price. Aside from this, Direct FX doesn't provide guaranteed stop loss.

Does Direct FX allow scalping?

Yes, Direct FX do permit scalping. Many traders across the world select 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.