E-WealthFX (e-wealthfx.com) has been flagged by ASIC (Australia) for "Unlicensed". Addresses: 30 Dymchurch Close Polegate England Bn26 6nd This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: e-wealthfx.com.
The so-called education at E-WealthFX (e-wealthfx.com) is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted since last summer thinking they would help me learn.
Pros: Instant funding|Multi-currency support|Market news feed|Helpful community forum
Cons: Minor UI glitches occasionally
E-WealthFX (e-wealthfx.com) advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Social trading features|Competitive fees|Easy to use platform
Cons: Help articles are sometimes vague