Compass FX Review

Company Compass FX
Established in 2003
Online since 2003
International Offices
Payment Methods
Demo Accounts & Platforms Meta Trader 4, Custom Platform
Account currencies
Regulated & Registered by
Are US Traders allowed?
Bonus? (detailed)
Languages in which website is available? 12 Languages
Languages in which Support is available?
Different Support methods? Live Chat, Email, phone
Types of Account (micro standard executive islamic)
Minimum deposit in accounts $500
Minimum position size 0.01 Lot
Type of Spread?
Minimum spread on EUR/USD, pips 2 Pips
Is Scalping Allowed?
Types of Trading Instruments (GOLD; CFD, etc. and the leverage) Leverage is 1:100 to 1:200
Real Trading platforms Meta Trader 4, Custom Platform
Digits after the dot in quotes
Margin call level
Stop-out level
Total Number of currency pairs
Any Bonus offers
Affiliate program Available?
Facility of Overnight interest rates (swaps)
Do they have Trailing stop?
Do they have Pending orders?
Mobile trading allowed?
Browser-based platform present?

compassThe forex world is wide and wonderful and Compass FX is known for its quest to know what the need of its customers is. The company was established by the traders of FOREX and hence they know the requirements and needs of the traders inside out. It is a great help for the traders’ novice or expert to have all the tools and resources that is necessary to trade successfully. Their website is extremely useful and provides a lot of information necessary for trade. Their website is multilingual and has highlighted the advantages of trading with them and also their strong points. This allows the customers to know about the company and its services so that it helps in increasing their consumer base.

The trading platform offered by the company is Meta Trader 4 and they provide free demo account as well. The Meta Trader 4 is the most popular trading splatform used by most of the forex companies as it is very reliable and helps in smooth trading. The same platform is offered to the clients when they decide to start real trading. The trading platform is made available to the customers in 12 languages and hence has a global reach. They have an amazing liquidity which is loved by many traders. The spreads are very important factor when trading forex and the spread on EUR/USD and USD/JPY pairs varies from 2 to 3 pips whereas for all other major pairs it varies in between 3 to 4 pips. They provide a very reliable and fast execution of trade. They also allow trailing stops and encourage hedging capabilities. The minimum deposit required to open an account with them is $500. They provide a leverage of 200:1 through FXDD, Gain Capital U.K and FX Solutions Australia. The customer support service is excellent.

The recent trend of expressing your solidarity or grievances is by posting online reviews. The reviews about CompassFX show that the company has been successful in meeting the requirements of the customers. Most of the reviews speak about the excellent trading platform offered by the company. The platform is available in 12 languages thus has a global reach. Many of them like their demo account which gives them a feel of the company operations as well as also help one decide on his trading level. Many reviews says that the “Trading Tip of the Day” is something new offered by the company and the free trading videos, asset management, current news and many such features are very useful. Their website also offers to their customer uniqueness and have enough comprehensive information to make trading an experience to cherish. A few cons mentioned in the reviews about trading with them is that the minimum amount required to open an account with them is very high. Also the spreads on the major pairs are very high. Despite this the company has many positive reviews and the average rating given by its users  stands at 4.038 out of 5.

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