Broker Review · last checked July 2, 2026
FxNet Review
FxNet is a Cyprus Investment Firm authorised under CySEC licence 182/12, according to public records. The broker supports MT4 and publishes fees including a dormant-account charge, but you should confirm the latest onboarding, funding, and legal entity details before depositing.
- CySEC register entry found
- Official platform and costs documents available
- Public fee disclosure includes spread, swap, and dormant fee information
FxNet at a glance
Listing status: Eligible With Caution · regulated, cysec, mt4, legacy
Our verdict
FxNet presents itself as a Cyprus-based broker with CySEC authorisation and an official fee schedule. However, some public sources indicate a shift from FxNet’s website to NessFx. The crucial step is to check precisely which trading entity, domain, and legal documents you are dealing with before funding an account.
Who this broker suits
- Readers who want a CySEC-linked broker with public legal-entity evidence
- Users who value MT4/WebTrader availability
- Comparative research where fee transparency matters more than bonus promotions
- You want a broker with fully stable branding and a clearly current onboarding flow
- You need a freshly verified minimum-deposit or funding-policy page
- You prefer brokers with strong third-party sentiment evidence and broad recent review coverage
Entity and regulation table
| Entity / brand | Regulatory status | Regulator / register | Evidence notes |
|---|---|---|---|
| Fxnet Ltd / FXNET Limited | CySEC-authorised investment firm | CySEC public register | Licence 182/12; company reg. 300624; address: 4 Theklas Lysioti, Harmony House, Office 31, 3rd Floor, 3030 Limassol. |
| Fxnet Ltd website | Broker website / support centre | Official website | fxnet.com says users are redirected to NessFx; official legal docs state same owner and CySEC licence 182/12. |
Key facts table
| Category | Details |
|---|---|
| Primary keyword fit | FxNet review |
| Broker type | Forex/CFD broker |
| Platform(s) | MetaTrader 4 and WebTrader shown in official materials |
| Published fee items | Spread, commission on some account types, swap, dormant fee |
| Dormant fee | EUR 40 per month after 90 days of inactivity if balance remains |
| Risk Warning | Official materials include a CFDs risk warning and a 73% retail-loss statement in the platform page |
| Website transition | Official page references redirection to NessFx |
Figures and access details should always be rechecked on the live legal pack before opening an account.
Alternatives to FxNet
| Broker | Comparison score | Regulator signals | Platforms | Why compare | Review |
|---|---|---|---|---|---|
| 75.5 | FCA, CySEC, KNF | xStation, xStation mobile app | Readers who want a broker with publicly disclosed multi-jurisdiction regulation, Users who value transparent fee pages and entity-level lega | Read review | |
| 73.5 | CySEC, Securities Commission of The Bahamas | Proprietary web platform, Mobile app, TradingView | Readers who want a broker with clear public legal-entity and regulator disclosures, Users looking for a proprietary web/mobile platform plus | Read review | |
| 70 | Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (South Africa) | Colmex Pro 2.0, MT4, Web Trader | Readers who want a CySEC-listed broker with publicly verifiable entity details, Traders comparing U.S. equities-focused platforms and MT4 av | Read review | |
| 69.5 | FCA | Next Generation, MT4, MT5 | Traders who want a well-documented broker with clear public legal disclosures, Users who value proprietary platform depth alongside MT4/MT5 | Read review | |
| 68 | SEC, FINRA | IBKR Desktop, IBKR Mobile, Trader Workstation (TWS) | Experienced traders who want a broad platform lineup, Users who value detailed public disclosures, Clients who want multiple funding and acc | Read review |
Alternatives are sorted by the TopOnlineForexBrokers comparison score as of July 2, 2026. The score is not a safety guarantee.
Overview
The clearest public facts relate to regulation: CySEC lists Fxnet Ltd in its investment-firm register, with company registration HE 300624 and licence 182/12. Official materials show MetaTrader 4 and WebTrader platforms, along with published costs including spreads, swaps, and a EUR 40 monthly fee after 90 days of inactivity. A caution: public pages suggest FxNet redirects to NessFx, so verify the current operating domain and onboarding process on the broker’s official legal pages.
Entity and regulation
CySEC’s register confirms Fxnet Ltd as a Cyprus investment firm. Official documents state authorisation and regulation under licence 182/12 and incorporation under HE 300624. The same platform page notes users may be redirected to NessFx, which is also apparently owned and run by FXNET Limited. This implies the corporate identity remains stable, but the client-facing website has changed and should be checked carefully.
Fees and account structure
Public disclosures list account charges that matter. They show spread examples by account type, commission on the Platinum account, swap fees, and a EUR 40 monthly dormant fee after 90 days of inactivity if the balance remains positive. The disclosure also mentions a 1:30 margin example, which offers context but isn’t a universal promise. Since fees can change, treat this as historical data and verify current pricing in the live legal documents.
Platforms
Official information names MetaTrader 4 as the main platform and also mentions FxNet WebTrader. MT4 is reportedly available on desktop, iOS, Android, and web. This sets a baseline for platform options, but it’s unclear if all account types or regions still have access to every interface. Confirm platform availability during onboarding.
Deposits and withdrawals
There is no up-to-date, complete list of funding methods or minimum deposit requirements publicly available for live clients. Older terms mention bonuses linked to initial deposits, but these do not replace current funding policies. Before opening an account, check the broker’s latest cashier page, payment provider disclosures, processing times, and withdrawal rules. Make sure the account name matches the regulated entity exactly.
Country availability caveat
CySEC’s register includes a section on services outside the EU, but this doesn’t guarantee FxNet is accessible in every listed country or that all readers can open accounts. Availability depends on local laws, the broker’s permissions, and the live onboarding process. Confirm country access directly with the broker rather than relying on historical listings.
Alternatives section
If you want a comparison, look for brokers with clear, up-to-date onboarding, funding, and product documentation relevant to your country. A good shortlist should include a broker regulated in your jurisdiction, transparent fees, and current deposit and withdrawal details. Compare those to FxNet’s current live legal pages before deciding.
Common questions
Is FxNet regulated?
CySEC records and official documents show Fxnet Ltd / FXNET Limited is authorised and regulated by CySEC under licence 182/12. Always verify the exact listing and legal entity yourself before funding.
Is FxNet safe?
No broker is completely safe. FxNet’s regulation is a positive sign, but actual safety depends on the specific entity, website, client agreement, and withdrawal handling.
What platforms does FxNet offer?
Official sources list MetaTrader 4 and FxNet WebTrader, with MT4 available on mobile via dedicated apps.
What is the FxNet minimum deposit?
A clear minimum deposit amount is not published in the reviewed official sources. Check the live cashier or account-opening pages before depositing.
Does FxNet charge inactivity or dormant fees?
Yes. Official disclosures state a EUR 40 monthly dormant fee applies after 90 days of inactivity if the account balance remains positive.
Does FxNet support withdrawals quickly?
No current withdrawal-time guarantees are published in available sources. Review the live withdrawal policy and payment provider disclosures before opening an account.
Why does the broker mention NessFx?
An official FxNet page states users will be redirected to NessFx, which is also owned and operated by FXNET Limited. This suggests a brand or website transition, so verify which domain and legal documents are current.
Check the details yourself
These are the pages we relied on. Read them before you open an account or send money anywhere.