FirewoodFX
FirewoodFX is a global online Forex Broker founded by a group of forex trader professionals. They offer traditional 4-digits pricing with fixed spread from 1 pip, comb...
Tags:Forex BrokerBasic Information
Full Company Name: Firewood Global Ltd (FirewoodFX)
Country: Saint Vincent and the Grenadines
Founded: 2014
Minimum Deposit: $10
Trading Platforms: MetaTrader 4 (MT4)
Minimum Trade Size: 0.01 lots
Business Model: Straight Through Processing (STP)
Deposit Methods: Supports multiple funding options, including credit cards, bank wire transfers, and e-wallets (such as Skrill, Neteller, Fasapay)
Server Time Zone: GMT+2 (Daylight Saving Time applicable)
Email: [email protected]
Phone: +44 20 3289 6573
Headquarters Address: Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, Saint Vincent and the Grenadines
Regulatory Information
- Financial Services Authority (FSA) Saint Vincent and the Grenadines
- License Number: 22160 IBC 2014
- Regulatory Details: FirewoodFX is registered with the FSA of Saint Vincent and the Grenadines, ensuring compliance with local financial regulations.
Account Types
| Account Type | Standard Account | Premium Account | Fixed Spread Account |
|---|---|---|---|
| Minimum Deposit | $10 | $100 | $100 |
| Spreads | From 1.0 pips | From 0.5 pips | Fixed 2.0 pips |
| Commission | None | None | None |
| Tradable Instruments | Forex, Metals, Indices | Forex, Metals, Indices | Forex, Metals, Indices |
| Trading Platforms | MT4 | MT4 | MT4 |
| Leverage | Up to 1:1000 | Up to 1:1000 | Up to 1:1000 |
| Order Execution | Market Execution | Market Execution | Market Execution |
| Swap-Free Option | Available | Available | Available |
| Hedging Margin | 50% | 50% | 50% |
| Margin Call Level | 50% | 50% | 50% |
| Stop-Out Level | 20% | 20% | 20% |
| Minimum Trade Lot Size | 0.01 lots | 0.01 lots | 0.01 lots |
| Maximum Trade Lot Size | 50 lots | 50 lots | 50 lots |
| Maximum Number of Positions | No limit | No limit | No limit |
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