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WesternFX – FAQs
Who is WesternFX's liquidity provider?
WesternFX offers outstanding liquidity from trans-institutional networks. We're linked to major banks and forex market participants at all levels.
Is WesternFX a dealing desk broker?
No. As a STP broker, we never trade against you, and we fill orders rapidly and efficiently, minimizing possible losses.
What kind of services does WesternFX provide?
WesternFX is an international forex trading firm dealing in over-the-counter forex contracts. We provide access to the interbank forex market including major and minor world currencies.
How can I open free WesternFX demo account?
To open a Standard Demo account, click here or one of the “Open Demo Account” Buttons anywhere on the site, then fill out the registration form. Your demo account is good for 30 calendar days from the date of opening.
How can I open a live account with WesternFX?
Opening a live account with us is quick and easy. Click here or one of the "Open Live Account" Buttons anywhere on the site, then fill out the straightforward registration form. After you enter your information, you will receive an email with your account login, passwords, PIN code and Meta Trader 5 Platform server.
What documents do I need to provide to WesternFX in order to open an account?
You will need certain identity verification documents to open your WesternFX account. For details, see the Open Live Account page.
How can I deposit money to my account?
You need to have money in your live account in order to start trading. Send money quickly and easily using any of the following methods:
Bank wire transfer
Credit card deposit
Online payment gateway Perfect Money, Fasapay etc.
Transfer from your existing forex broker
How can I withdraw my money?
Just submit a Withdrawal form. Withdrawals are processed within 1 business day.
Do you accept U.S. and Canadian clients?
Unfortunately not. WesternFX welcomes clients from across the globe, but US CTFC regulations prevent us from working with US clients at this time. Also we do not accept and entertain clients from Canada.
Do I have to make a certain number of transactions each month? How long I can keep my account inactive if I'm not trading?
WesternFX sets no minimum number of transactions required to maintain an account, and we do not deactivate accounts for inactivity. You may have up to 100 trades open at the same time.
Does WesternFX offer bonuses?
Yes, and we offer flexible bonuses to help the traders to save trader's account from unwanted stop out. WesternFX makes money fairly from spreads', and we offer financial incentives for potential traders.
Blog
Christmas Holiday Trading schedule
Kindly find the holidays trading schedule for December on Christmas season. Be acknowledged that the time is based on GMT+0. In case of any questions, please contact us via Live chat on WhatsApp or via the email address at support@westernfx.com
Floating Exchange Rate
The value of a currency may be defined in different ways. Today, all rates are classified as either fixed or floating. In the first case, they are determined by the government. A flexible exchange rate, on the other hand, is defined by the market itself. Here is how these approaches to the exchange rate system...
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How can we help you?
Contact us at email support@westernfx.com or submit inquiry online at contact us page.