Forex Broker

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...

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Basic 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

  1. 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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