Reviewed broker: Synergy FX
Company: Synergy Forex Pty Ltd
Established in 2011
Location: Australia
Regulation: Australian Securities and Investments Commission (ASIC), Australian Financial Services License (AFSL) number is 403863
Straight Through Processing STP: yes
Synergy FX is one of the Australian regulated forex brokers with the main focus on delivering exceptional customer service and support, whilst providing a forex trading environment with low forex spreads, fast execution and powerful performance in a secure, safe and regulated environment.
Why choose Synergy FX broker?
- True ECN Pricing Spreads from 0.0 Pips
- Access To Dedicated 24 Hour Phone & Chat Support
- Liquidity Available From 20 Global Banks
- Segregated Accounts with AA Banks
- Equinix Servers in New York
- Ultra Fast Order Execution
- No Dealing Desk to Manipulate Price
Key Account Features
MT4 Pure ECN Account
- True ECN raw spreads from 0.0 pips
- Fast Pure Execution
- Traded on MT4 and Social Trader Platform
- One Click Execution
- 0.01 Microlot Trading
- Low Commissions of $5.50 per round lot traded
- $100 AUD account opening minimum
- Robots, scalpers and hedging welcome
- Free unlimited access to exclusive Education Portal
- Free Social Trading
MT4 STP Account
- Variable spreads starting from 1.0 pips
- Liquidity from 20 global banks
- NO Commissions
- $100 AUD account opening minimum
- 0.01 Microlot Trading
- Leverage of up to 500:1
- Fast Market Execution
- Robots, scalpers and hedging welcome
- Free unlimited access to exclusive Education Portal
- Free Social Trading
Client Funds / Regulated
- Clients Funds are segregated with Commonwealth Bank of Australia (CBA)
- Client funds are kept separate from Synergy FX company funds
- Synergy FX is a registered business name of Synergy Financial Market PTY Limited who is regulated by the Australian Securities and Investments Commission (ASIC)
- Australian Financial Number 403863
- Free MAM/PAMM Management
Synergy FX Review : Trading Platforms
METATRADER 4
- Get instant live quotes and take positions in 27 currency pairs (plus gold and silver) using Synergy FX’s deep liquidity from multiple global banks.
- Customise the dynamic MT4 dashboard so that it’s ideal for your specific trading requirements.
- Install Expert Advisors (or build your own) to profit from ideal trading conditions on autopilot.
- Comprehensive charting functionality has never been easier to use. We’ve even provided over 40 of our favourite Custom Indicators to get you started.
- 128-bit encryption means you can trade with complete confidence – wherever you are, whichever device you’re using.
Social Trading – Auto Trade With Social Trader Platform
KEY SOCIAL TRADING AUTO TRADE FEATURES:
- Social Trading – view, follow, copy and auto trade with other traders
- Online Auto Trading – accessible from anywhere
- Auto trade from your PC, mobile or tablet – no downloads required
- Intuitive charts and graphs
- One click order execution
MAM PAMM Accounts at Synergy FX
FEATURES OF THE SYNERGY FX MAM / PAMM ACCOUNTS:
Unlimited investors accounts
3 allocation methods – Lot – Percentage – Equity
Trades – Full, Mini and Micro Lot accounts for best allocation advantage
Allows Expert advisor trading (EA)
Easily managed Monthly, Quarterly and Annual Client reports through MT Manager
All normal order types accepted: Market, Stop, Limit
All unique order types accepted: Trailing Stop, Close by and Close all
Currency pairs: 30
Account base currency: Australian dollar, euro, British pound, Japanese yen, united states dollar
Minimum trade size: 0.01 lot
Spread type: variable
Spreads: as low as 2 pips
Scalping: allowed
Hedging: allowed
Expert Advisors: available
Trailing stop: yes
Pending orders: yes
One-click trading: yes
Mobile trading: yes
Automated trading: yes
Margin call: 100%
Stop out level: 50%
VPS: $25 per month
Synergy FX Review : Deposit and Withdrawal Methods
Minimum deposit requirement: $500
Payment methods: credit cards, Skrill, wire transfer
Educational Material and Customer Assistance
Synergyfx broker provides Forex Education Portal comes with various resources that can help you learn forex and will empower you with knowledge to enable you to strengthen your trading skills.
Customer support: online chat, phone, web form
How was the rating of Synergy FX performed compared to other brokers?
This 2023 Forex Broker Review has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on Synergy FX FX broker performance and features.
Overall our online Synergy FX review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online Synergy FX or you find inaccurate details Synergy FX Capital broker review please get in touch with us and the changes will be applied.
