Global Broker Regulation Inquiry App
WikiFX

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10
The WikiFX Score of this broker is reduced because of too many complaints!

FXFlat

Germany Germany | 5-10 years |
Regulated in Germany | Common Financial Service License | MT4 Full License | Global Business | Suspicious Overrun | Medium potential risk

https://www.fxflat.com/en/

Website

Rating Index

MT4/5 Identification

MT4/5

Full License

FXFlat-DemoServer

United States
United States
MT4
10

Influence

C

Influence index NO.1

Germany Germany 3.22
The WikiFX Score of this broker is reduced because of too many complaints!

MT4/5 Identification

MT4/5 Identification

Full License

10
Server Name
FXFlat-DemoServer MT4
Server Location United States United States

Influence

Influence

C

Influence index NO.1

Germany Germany 3.22
Surpassed 34.50% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+49 2102 100 494 00
service@fxflat.com
https://www.fxflat.com/en/
https://www.facebook.com/fxflat
Licenses

Licensed Entity:FXFlat Bank GmbH

License No. 10109603

Warning: Low score, please stay away!
  • This broker exceeds the business scope regulated by Germany BaFin(license number: 10109603)BaFin Non-Forex Licence Non-Forex License. Please be aware of the risk!
2

Basic Information

Registered Region
Germany Germany
Operating Period
5-10 years
Company Name
FXFlat Bank GmbH
Customer Service Email Address
service@fxflat.com
Contact Number
+49210210049400
FX4255247862

FX4255247862

Unverified

France

Traded securities and commodities and big slippage faced. Upon asked live chat they reply is normal. I request withdraw and profits were deleted upon no explanation. 32439$ missing to withdraw...

Exposure

Alan1512

Alan1512

Unverified

France

Seems to be a regulated bank but they manipulate the market so that customers lose money. They also have very poor support that is unresponsive and when they do they are rude and disrespectful. Do not recommend this broker.

Exposure

Kaleo

Kaleo

Unverified

Brazil

After trade and made profit i request a withdrawal and they have deleted all my profits and closed my account. Incredible unprofessional 

Exposure

快到碗里来98689

快到碗里来98689

Unverified

Singapore

A Trusted Broker. Their Staff is very Cooperative. Deposit and withdrawal have no issue at all. Demo accounts are available. Good MetaTrader Platform to trade. Perfect support service.

Positive

Positive

Kaleo

Kaleo

Unverified

Brazil

FXFLAT is clearly a scam company that disproves the payment of customer funds. After a few days of trading with Scalping I requested a withdrawal and they just refused, deactivated my account and wiped my profits and kept my money for 1 week, after the request they just sent me my deposit. When I ask on live chat why my account is disabled, they just reply and wait for an email! What kind of professionalism is that? A bunch of amateur scammers!!! DO NOT DEPOSIT HERE! STAY AWAY!!!!!!

Exposure

MrTrader

MrTrader

Unverified

United States

I was operating on MT5 normally when i depare with a situation where i couldn't open trades. I waited few hours, maybe was their service in maintenance but yet i haven't received any email informing anything. I then went to their live chat which was really rude and unprofessional, didn't explain plus told me you will receive information by email. Afterwords i received the email accusing me of use EA, that they will terminate my account and pay my balance to me. I reply their email asking for the poofs of such an accusation and for them to proceed with my withdrawal back to my bank account. They took my money form my account and i haven't received my withdrawal for 2 days now. As a regulated Bank i expected more from FXflat. They still holding my funds and have informed they are not gonna pay me. So here i requested that FXFlat Bank to be mark as SCAM as they should honor they words but unfortunately im experience the complete opposite of that.   

Exposure

6
Related Software
Marketing Strategy
Biz Area
Website
Genealogy
Relevant Enterprises
Company Summary
News
Wiki Q&A
Comment
MT4/5
Full License MT4
Full License MT4
Full License MT5
Full License MT5
2
MT4 Servers
2
MT5 Servers
186.50
velocityIcon
Average execution speed/ms

Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong

Meta Trader 4
Meta Trader 4
Perfect
Meta Trader 5
Meta Trader 5
Perfect

Users who viewed FXFlat also viewed..

Vantage

Vantage

8.76
Score
ECN Account 10-15 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
Vantage
Vantage
Score
8.76
ECN Account 10-15 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
Official website
XM

XM

9.10
Score
ECN Account 15-20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
XM
XM
Score
9.10
ECN Account 15-20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
Official website
fpmarkets

fpmarkets

8.88
Score
ECN Account Above 20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
fpmarkets
fpmarkets
Score
8.88
ECN Account Above 20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
Official website
GO Markets

GO Markets

8.98
Score
Above 20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
GO Markets
GO Markets
Score
8.98
Above 20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
Official website
Sources
Language
Mkt. Analysis
Creatives

Website

Most visited countries/areas
Slovenia Slovenia
  • fxflat.com
    37.202.2.236
    Server Location
    Germany Germany
    ICP registration
    --
    Most visited countries/areas
    Slovenia Slovenia
    Domain Effective Date
    2006-05-10
    Website
    WHOIS.PSI-USA.INFO
    Company
    PSI-USA, INC. DBA DOMAIN ROBOT

Genealogy

vip VIP is not activated.
Please visit the WikiFX App to be our VIP.
Open Now

Relevant Enterprises

FXFlat Bank AG(Germany)
Germany
FXFlat Bank AG(Germany)
Active
Germany
Registration No. R1101_HRB95171
Established
Related sources Website Announcement

Company Summary

FXFlat Review Summary
Founded2006
Registered Country/RegionGermany
RegulationBaFin (Exceeded)
Market InstrumentsCFDs, Futures and Spot Forex
Demo Account/
LeverageUp to 1:200 (Spot forex)
Spread/
Trading PlatformMetaTrader 4, MetaTrader 5
Minimum Deposit/
Customer SupportLive chat
Phone: +49 210210049400
Email: service@fxflat.com
Facebook, Instagram, LinkedIn, YouTube, Twitter

FXFlat Information

FXFlat is a German brokerage firm operating as a market maker. It is regulated by the Federal Financial Supervisory Authority (BaFin), known for its strict financial oversight. However, its license was exceeded.

FXFlat Information

Pros and Cons

Pros Cons
MT4 and MT5 availableExceeded BaFin license
Live chat supportCommission charged for futures trading
Free account management
Various payment options

Is FXFlat Legit?

FXFlat is supervised by the German Federal Financial Supervisory Authority (BaFin) under license number 109603. However, it was exceeded.

Regulated CountryRegulated AuthorityCurrent StatusLicense TypeLicense Number
German
German Federal Financial Supervisory Authority (BaFin)ExceededCommon Financial Service License109603
license

What can I Trade on FXFlat?

FXFLAT offers trading services in CFD-Trading, Futures and Spot Forex.

Tradable Instruments Supported
CFDs
Futures
Spot Forex
Bonds
Options
ETFs
assets

Account Type

FXFlat offers two types of accounts: Standard Account and Professional Account. However, detailed account features are not revealed.

Account Types

Leverage

XFLAT provides flexible leverage options tailored to different asset classes, enabling traders to optimize their strategies while managing risk.

Trading AssetsMaximum Leverage
Futures1:282
Spot forex1:200
Leverage

FXFlat Fees

Account management services are free of charge, and CFDs trading does not charge any commission fees. However, fees are charged in futures trading, varying between €0.80 and €5.90 per contract.

FXFlat Fees

Trading Platform

FXFLAT supports both a proprietary MetaTrader 4 (MT4) and the MetaTrader 5 (MT5) platform.

Trading PlatformSupportedAvailable Devices Suitable for
MetaTrader 4 (MT4)mobile, desktopBeginners
MetaTrader 5 (MT5)mobile, desktopExperienced traders
Trading Platform

Deposit and Withdrawal

FXFlat different types of payment options, including iDeal, Mastercard, Maestro, VISA, Paypal, Skrill, and Klarna. As for bank transferring, customers can deposit funds into FXFlat Bank in EUR. The minimum initial deposit is not clear, but a minimum amount of 50,00 EUR is required for further deposit.

Deposit and Withdrawal
Deposit and Withdrawal

Keywords

  • 5-10 years
  • Regulated in Germany
  • Common Financial Service License
  • MT4 Full License
  • MT5 Full License
  • Global Business
  • Suspicious Overrun
  • Medium potential risk

News

FXFlat Review 2025!  Read FXFlat Trustpilot Reviews

Exposure FXFlat Review 2025! Read FXFlat Trustpilot Reviews

Thinking of trading with FXFlat in 2025? Before you invest, read what real traders say. This FXFlat Review 2025 dives into the broker’s regulation, trading platforms, and customer feedback.

Wiki Q&A

Arnold Joseph
Arnold Joseph
1-2 years

How do I log into my FXFlat account?

WikiFX
WikiFX Reply

To log into my FXFlat account, I use the login credentials I created during registration, and I can access my account through either MT4 or MT5. Both platforms are available on desktop and mobile, which makes trading more convenient for me. If I ever run into any issues logging in, FXFlat’s support team is available to assist me with the process.

Broker Issues
FXFlat
FXFlat
Deposit
Withdrawal
07-17
United States
Imranali Khatri
Imranali Khatri
1-2 years

What fees should I expect when trading with FXFlat?

WikiFX
WikiFX Reply

FXFlat is quite clear about its fee structure. For CFD trading, there are no commissions, which I find beneficial. Account management is also free, which is great. However, for futures trading, FXFlat charges commissions between €0.80 and €5.90 per contract, depending on the contract type. If you're planning to trade futures frequently, these fees could accumulate, so it’s something to be mindful of when reading the FXFlat review.

Broker Issues
FXFlat
FXFlat
Fees and Spreads
06-28
United States
sweetosh
sweetosh
1-2 years

How do I know if FXFlat is regulated?

WikiFX
WikiFX Reply

FXFlat is regulated by the German Federal Financial Supervisory Authority (BaFin) under license number 109603. However, it’s important to note that its BaFin license has been exceeded. For me, this raises a flag because although FXFlat was once under strict regulation, the exceeded license means they are no longer fully compliant with BaFin's oversight. When I checked the FXFlat review, this was something I had to consider carefully before moving forward.

Broker Issues
FXFlat
FXFlat
Regulation
06-13
United States
Abu00saeed
Abu00saeed
1-2 years

Can I find the spread details for FXFlat?

WikiFX
WikiFX Reply

FXFlat doesn’t provide explicit details about the spreads in the information I reviewed. However, from my experience, the spreads are quite competitive for CFD and forex trading. I always recommend checking real-time spreads on the platform to get the most accurate picture, as spreads can fluctuate depending on market conditions. A demo account would be a great way to test this out for yourself.

Broker Issues
FXFlat
FXFlat
Fees and Spreads
05-19
United States
View More

User Reviews 6

All (6) Positive (1) Exposure (5)
No more
Write a review
Exposure
Neutral
Positive

Content you want to comment

Please enter...

Submit now
Write a comment
6
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
United States
※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com