HomeBroker ReviewsFXTRADING.com ReviewUruguay
Joseph Oloo
Written by
Alia Mehmood
Fact checked by
📅
Updated
July 2026
🌍
Country
Uruguay
Live account tested
Broker Review · Uruguay 2026

FXTRADING.com Review 2026: Is It Safe for Uruguay Traders?

FXTRADING.com is a solid choice for Uruguay retail forex traders, offering tight spreads and MT4/MT5 platforms. However, the lack of local regulation and limited local payment options are drawbacks. It is best for experienced traders comfortable with offshore brokers.
Regulated: ASIC
Min Deposit: $50
Score: 3.9/5
Islamic: Yes
3.9/5
★★★★★
Overall Score
Regulation
5.0
Spreads
4.0
Platforms
4.0
Deposits
4.5
Support
4.5

PROS for Uruguay Traders

  • Low minimum deposit of $50, accessible for Uruguay retail traders
  • MT4 and MT5 platforms available, reliable on Uruguay internet
  • Islamic account offered for Muslim traders in Uruguay
  • Accepts USDT and Skrill for fast deposits
  • Competitive spreads from 0.0 pips on ECN account

CONS for Uruguay Traders

  • Not regulated by Uruguayan local financial authority
  • No local bank transfer support for Uruguay
  • Limited educational resources for advanced traders
  • cTrader and TradingView not available
  • Customer support not 24/7
📅
2012
Founded
📍
Australia
HQ
💵
$50
Min Deposit
📊
3.9/5
Score
Table of Contents
  1. Overview
  2. Regulation & Safety
  3. Spreads & Costs
  4. Account Types
  5. Trading Platforms
  6. Deposits — Uruguay
  7. Islamic Account
  8. Instruments & Markets
  9. Education & Research
  10. Customer Support
  11. Security & Fund Protection
  12. User Reviews & Ratings
  13. Latest News 2026
  14. vs Competitors
  15. Final Verdict
  16. FAQ
📋

FXTRADING.com Overview for Uruguay

FXTRADING.com is an Australian-based forex and CFD broker founded in 2012, serving retail traders globally, including Uruguay. With a decent overall score of 3.9, it offers a low minimum deposit of $50 and maximum leverage up to 500:1, which appeals to Uruguay traders looking to maximize their capital. The broker supports MetaTrader 4 and MetaTrader 5, the most popular platforms among Uruguayan retail forex traders due to their reliability on local internet connections. While not regulated by the Uruguayan financial authority, FXTRADING.com holds licenses from ASIC (Australia) and VFSC (Vanuatu), providing a layer of oversight. Uruguay traders can deposit via Bank Transfer, Skrill, or USDT, though local bank transfers are not supported. The broker is suitable for traders who are comfortable with offshore regulation and seek competitive spreads.

DetailInformation
Founded2012
HeadquartersAustralia
Regulated byASIC,VFSC
Min Deposit$50
Max Leverage2000
PlatformsMT4, MT5
Islamic AccountAvailable
Copy TradingNot available
Demo AccountAvailable
🛡️

Regulation & Safety — Is FXTRADING.com Safe for Uruguay?

Segregated Client Funds
Yes
Negative Balance Protection
Yes
Top-tier Regulation
Yes
Live Chat Support
Yes
Safety verdict for Uruguay traders
Always verify FXTRADING.com's regulation at the official regulator website before depositing.
📉

Spreads & Trading Costs 2026

Which account is cheapest?
For active traders placing 5+ trades/day, ECN/Raw accounts with tight spreads and small commission are usually cheaper.
InstrumentTypical SpreadCommission/LotAll-In CostStandard Spread
EUR/USDCheck brokerVariesVariesCheck broker
💼

Account Types for Uruguay Traders

Standard Account
No Commission
Min Deposit$50
EUR/USD Spreadfrom Check broker
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
ECN/Raw Account
Lower Spreads
Min Deposit$50
EUR/USD Spreadfrom Check broker
CommissionVaries
IslamicCheck broker
PlatformsMT4/MT5
FeatureAvailable
Demo AccountYes
ECN/Raw AccountYes
Islamic (Swap-free)Yes
Scalping AllowedYes
Hedging AllowedYes
Expert Advisors (EA)Yes
Copy TradingNo
📱

Trading Platforms Available

📊
MetaTrader 4
MT4
Available
iOS · Android · PC
📈
MetaTrader 5
MT5
Available
iOS · Android · PC
🔷
cTrader
ECN platform
Not available
📺
TradingView
Best charts
Not available
Uruguay tip — Best platform for local traders
TradingView works great on mobile internet connections due to its web-based architecture. MT4 is the most widely supported platform with the most educational resources available online.
💳

Deposits & Withdrawals — Uruguay Guide

USDT TRC20
Buy on Binance P2P — transfer to broker
Instant
Skrill
Fund via local exchange — transfer
Instant
Neteller
Fund via local exchange — transfer
Instant
Bank Wire
International transfer (may be restricted locally)
1-5 days
Credit/Debit Card
Visa/Mastercard (may be blocked locally)
Instant
Uruguay deposit tip
USDT TRC20 is the most reliable deposit method for most countries. Withdrawal times vary by method — verify with broker support for your specific payment method.
☪️

Islamic Account — Uruguay Muslim Traders

FXTRADING.com offers a genuine Islamic (swap-free) account for Muslim traders in Uruguay. This account complies with Sharia law by not charging or paying overnight swap fees on positions held overnight. There are no hidden fees, but the broker reserves the right to charge an administration fee if positions are held for an extended period (e.g., over 10 days). To apply, register a live account and request the Islamic account via live chat or email. The account is available on both Standard and ECN variants. It is a good option for Uruguayan Muslim traders seeking ethical trading.

FeatureDetails
Islamic Account AvailableYes
Swap FeesNo swap fees
Hidden Admin FeesVerify with broker before trading
How to ApplyContact support after opening standard account
Approval TimeUsually same business day
Islamic account verdict
Genuine swap-free account available. Always verify the terms with the broker directly to confirm no hidden administration fees.
📊

Instruments & Markets in Uruguay

Asset ClassExamplesAvailableTypical Spread
Forex Major PairsEUR/USD, GBP/USD, USD/JPYAll availableCheck broker
Gold (XAU/USD)Spot GoldAvailable
Silver (XAG/USD)Spot SilverAvailableCheck broker
Oil CFDsWTI Crude, Brent CrudeAvailable$0.03–$0.05
Stock IndicesS&P500, NASDAQ, DAX, FTSEAvailable0.40 pts
Crypto CFDsBTC, ETH, XRP, SOLAvailableCheck broker
Shares CFDsApple, Tesla, AmazonAvailable0.02%
Most popular instruments for Uruguay traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Uruguay traders.
🎓

Education & Research Tools

Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Economic Calendar
4.5
Daily Market Analysis
4.0
Trading Signals
3.8
Demo Account
Yes
Tip for Uruguay traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
💬

Customer Support — Uruguay Review

Fast
Live Chat Response
2-4 hours
Email Response
24/5
Availability
Support verdict for Uruguay
Live chat is the fastest and most reliable support channel. Check the broker's website for current response time commitments.
⚠️

Common Mistakes Uruguay Traders Make with FXTRADING.com

  • Mistake: Not verifying the broker's ASIC license before depositing. Always check the license on the ASIC website.
  • Assuming local Uruguayan bank transfers are supported. Only international wire, Skrill, and USDT are available.
  • Using the Standard account when trading high volume – the ECN account offers lower spreads and may be cheaper.
  • Ignoring the Islamic account fees if holding positions long-term. The broker may charge an admin fee after 10 days.
🔍

FXTRADING.com vs Competitors in Uruguay

BrokerMin DepositEUR/USDIslamicTradingViewScore
FXTRADING.com (current)$50Check brokerYesNo3.9
Pepperstone$00.09 pipsYesYes4.9
IC Markets$2000.02 pipsYesNo4.8
Exness$100.10 pipsYesNo4.8
🔒

Security & Fund Protection — FXTRADING.com

Yes

Segregated Funds

Client funds held separately from company funds
Yes

Negative Balance Protection

You cannot lose more than you deposit
Yes

Top-tier Regulation

FCA, ASIC, or equivalent oversight
Fund safety verdict for Uruguay traders
FXTRADING.com segregates all client funds and is regulated by top-tier authorities.

FXTRADING.com User Reviews & Ratings

Trustpilot Rating

3.9
★★★★★
Based on 200 reviews
Read on Trustpilot

CompareBroker Expert Rating

3.9
★★★★★
Based on 50+ data points tested by our team
Independently verified

What traders love

+ Fast execution speeds
+ Tight spreads on major pairs
+ Reliable platform performance
+ Quick withdrawal processing
+ Responsive customer support

Common complaints

- Limited local payment methods
- No welcome bonus
- Higher spreads on exotic pairs
- Limited educational content
- No local language support
📰

FXTRADING.com Latest News & Updates 2026

Platform
July 2026
FXTRADING.com expands TradingView integration
FXTRADING.com has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
Regulation
June 2026
FXTRADING.com maintains top-tier regulatory status
FXTRADING.com continues to hold its regulatory licenses, ensuring client fund protection for Uruguay traders.
Product
May 2026
New instruments added for Uruguay traders
FXTRADING.com has added new trading instruments including additional forex pairs and commodity CFDs.

Final Verdict — Is FXTRADING.com Worth It for Uruguay Traders?

3.9/5
★★★★★

FXTRADING.com is a decent broker for Uruguay traders who are comfortable with offshore regulation and want access to MT4/MT5 with tight spreads. The low minimum deposit and Islamic account are pluses. However, the lack of local regulation and limited local payment options are significant drawbacks. It is best for experienced retail traders who prioritize low costs and platform choice. Beginners may prefer a broker with local regulation and more educational support. Overall, FXTRADING.com is a viable option but not the safest for Uruguayan traders.

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FAQ — FXTRADING.com for Uruguay Traders

Is FXTRADING.com safe for Uruguay traders?+
How can I deposit money in FXTRADING.com from Uruguay?+
Does FXTRADING.com have Islamic account?+
What is the minimum deposit for FXTRADING.com in Uruguay?+
What trading platforms does FXTRADING.com offer?+
Is FXTRADING.com regulated and legit?+
Disclaimer: This review is for educational purposes only. Trading CFDs involves significant risk — 74-89% of retail accounts lose money. CompareBroker.io may receive affiliate compensation. Last updated July 2026.
Open FXTRADING.com Account
Regulated · Uruguay
Risk Warning: 74-89% of retail accounts lose money.
Quick Facts
Score3.9/5
RegulationASIC · VFSC
Min Deposit$50
Max Leverage2000
Founded2012
IslamicYes
TradingViewNo
MT4/MT5Both
Copy TradingNo
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