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Whenever deciding on a broker, it is crucial to evaluate their performance and read their reviews and feedback. In this review, we investigated GrapheneFx intensively. The broker’s headquarters are in the UK, though it has branches in Australia as well. 3 regulatory bodies, the ASIC, the NFA, and the FSA, recognize it as a good and reliable broker.

Platforms

Users may begin trading on the traditional MetaTrader 4 & MetaTrader 5 platforms right away. Users looking for other specific pre-requisite tools can also visit GrapeheneFx‘s WebTrader. 

The broker provides a diverse set of trading options, along with 40 charting options and graph elements, market trends, and market updates. Users can adjust their alerts to practically anything, including minor and major swings in the markets on a specific watchlist, large shifts in the live stream, and the availability of other currencies or indexes. All of the required trading instruments, as well as a live market feed, watchlists, and notifications, are included in the MT platform.

  • Forex
  • Stocks
  • Indices
  • Cryptocurrencies
  • Commodities
  • Metals
  • Hedging

Regulation

The Australian Securities and Investments Commission (ASIC) supervises GrapheneFx. The broker requires approval from the world’s major financial regulatory authority since it provides numerous advantages to both the broker and the people who employ it. The broker is also authorized by the National Futures Association (NFA). The NFA, which was established in the United States, is a renowned financial institution that ensures that all of its members adhere to regulatory criteria.

The Financial Services Authority (FSA) of St. Vincent and the Grenadines also regulates the broker. The FSA was founded as a regulatory authority with the aim of supervising specific financial firms, like financial services firms and providing for regulated matters.

GrapheneFx Review: Charity Work and Foundations

GrapheneFx expressed its intention to sponsor charities and programs that promote awareness in many fields. Their slogan, “Future, Together,” especially encompasses this. They want to aid these foundations further with their clients on a daily basis. As of now, they support the following:

Udinese Esports: GrapheneFx is the official sponsor of the outstanding Italian e-sport team Udinese Calcio Esports. It is a team that advances by learning from experience while also being open to new ideas with its fresh talents.

Chloe Tryon (Cricket): Chloe Tryon is a well-known cricketer. In WT201 history, she is the very first and the sole woman cricket player to take a wicket with her first ball. She is presently a member of the London Spirit, a well-known cricket team in the United Kingdom.

MicroLoan: They offer mentorship, training, and smaller loans to women from rural parts of Sub-Saharan Africa who want to start their own companies each year.

Develop Africa: Their goal is to build the next generation of African leaders by providing education & creativity as a means of strategically developing Africa. The broker partners with this organization to provide learning, vocational and leadership training, as well as a variety of technology training projects to children who lack access to quality and higher education.

Charity  Water: A non-profit organization that cooperates with local partners to construct boreholes, place filters, and more in order to provide safe and drinkable water to people in poor nations.

Ripple Africa: Each year, afforestation workers in Malawi, Africa, struggle to fight the destruction of forests. Additionally, they are aiming to minimize the impact on existing trees by using fuel-efficient quarries to mitigate carbon emissions.

Fees

When users are trading, GrapheneFx does not charge any additional costs. Traders can certainly relax since they know that their savings are protected and secured without the need to pay extra charges. There are no withdrawal costs to consider, and there are no inactivity fees to consider too, offering the customer more flexibility and the comfort that they would not have to pay any more fees to keep their account active and restart trading.

Accounts

On the platform, GrapheneFx offers four main account types. All these accounts differ in terms of services and prices, but they are all available to a wide range of people. Each account has its own set of benefits and perks.

Normal Account

  • In terms of cost and capabilities, the standard account looks to be quite convenient.
  • A deposit of at least $100 is necessary.
  • The starting point for pip values for sale is 0.4.
  • Every lot is subject to a $6 charge.

Prime Account

  • The pip value is around 0.4. When compared to the first account type, which is quite low.
  • Each lot has a commission of $4 USD.
  • An additional fee is applied depending on the amount in the user’s account; for example, if the amount is $100,000, a $5 fee is applied prior to the opening of the market, and a $10 fee is added shortly before the closing.

G-Plus

  • Most people prefer G-Plus rather than Prime, because of the lower commission charges.
  • A minimum deposit of $3000 USD, or the corresponding amount in another currency, is needed to open an account.
  • The pip values, which range from 0.1 to 0.3, are similar to those of the Prime Account.

The ECN Account

  • ECN account is frequently offered by well-known Forex brokers. It competes with a variety of FX brokers, but it also has the ability to outperform them.
  • A $10,000 minimum deposit is required.
  • On all the lots, there’s also no commission to pay.

GrapheneFx Educational Materials

Anybody can use GrapheneFx’s educational sources. FX Video Courses, Youtube Tutorials, Zoom FX, as well as Specialized Courses are just a few of the resources available. Users may have access to all of this information based on their level of experience and type of account.

They don’t just help users create accounts; they also provide advice on a multitude of topics. The broker is going to great lengths to ensure that its clients’ investments are safe and that they have access to the best bargains accessible throughout the trading hours. They emphasize their commitment to giving customers the best environment in which to grow and progress as traders by focusing on strategies, core understanding of trading & contracts, spreads, and also how leverage can be beneficial in the short and long term.

Awards

The honors that brokers get could also be a good sign of the quality of their job. When we look at GrapheneFx, we can see that they’ve been collecting awards since 2018. The following are the awards that GrapheneFx has received:

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  • Fastest Growing Forex Broker – 2018 (World FX Awards)
  • Best Forex Customer Service – 2020 (International Forex Awards)
  • Most Trusted Forex Brokers in Asia – 2020 (Global Fintech Awards)
  • Best Forex Broker South Africa – 2021 (Global Business Review Magazine)
  • Best Forex Trading Conditions in Asia – 2021 (Global Business Review Magazine)
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