Slow but sure, FirewoodFX is starting to earn recognition. This time, the acknowledgment comes from FXEmpire, a popular site that reviews online brokers worldwide. The media has just uploaded its exclusive review for FirewoodF, marking the broker's progressive step as a new broker that, although only supported by a few standard trading features, can still compete with other established brokers.
FXEmpire considers FirewoodFX as one of the brokers highly committed to realizing its goal of being a user-friendly platform accessible to all traders.
Founded in 2014, the development of FirewoodFX as a new broker is quite impressive. Even though it looks standard, several services such as fixed spreads and swap-free accounts make this newcomer one of the forex brokers whose ease of facilities is worth considering.
FirewoodFX: New Broker With Promising Features
In its review, FXEmpire also looks at several features such as trading execution speed, stable trading conditions, maximum leverage up to 1:1000, and a 20% deposit bonus as the advantages of FirewoodFX. The only drawback lies in the slightly limited choice of platforms, the absence of an ECN account, and a toll-free telephone number to complete the customer service. However, traders can contact FirewoodFX CS via live chat media, which can directly link trader communication with the broker without additional costs.
Like other reviews that have previously inspected FirewoodFX, FXEmpire also concluded the company as a broker that is not too prominent in terms of providing trading facilities. However, several aspects such as the web interface, client support, and information related to trading conditions which are packaged in a simple but still attractive form, are considered to have succeeded in realizing the goals of the company that owns FirewoodFX, Firewood Global Ltd., to become a user-friendly broker and suitable for use by all types of traders. As of this writing, FirewoodFX has earned 4.4 out of 5 points.