Fxonic review – The right bundle of trading features?

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About Fxonic

Financial markets have been posting a positive mood over the last few months, despite some short-term turmoil generated by the US banking sector. While risk appetite increased, traders continue to cautiously look for ways to take advantage of price movements, without gaining long-term exposure. 

Fxonic logo

In such occurrences, trading CFDs remains a suitable choice. Fxonic addresses anyone who wants to engage in the markets, promising top security features, attractive costs, multiple accounts and coverage for the largest asset classes today. If you want to know more about this broker, the current review will tell you everything about it. 

Markets to trade

Asset diversity is a must when trading online and Fxonic can be regarded as a multi-asset provider. You can trade with a trusted broker and gain exposure to leading instruments, including:

  • Forex
  • Indices
  • Commodities
  • Stocks 
  • Cryptocurrencies

Hundreds of CFDs are currently part of the list, which allows you to shift from one market to another, as conditions change. Moreover, a good global provider is one that considers the diverse array of needs raised by a large community of traders, and Fxonic seems to do that. Depending on what account type you choose, the broker provides regular spreads (Basic accounts), or markdowns up to 25% (VIP accounts).

Fxonic trading conditions

Tailor-made accounts

Basic, Gold, Platinum and VIP are the account types currently offered by Fxonic. The first one embodies affordability, with a low benchmark of $250 to get started. Because it’s the lowest tier, there aren’t too many premium benefits attached, but it certainly is attractive. 

As we move higher to larger accounts, traders get tighter spreads and swaps, market reviews and daily analysis resources. Credit/debit cards, bank transfers and wallet transfers are the main funding options when working with Fxonic

Depending on your account type, you may be eligible for free withdrawals, which reduces the overall costs. Traders can submit a withdrawal request from the client area and the billing department will process and approve it in due time. 

Fxonic platforms

WebTrader is the primary trading platform when working with this brand. User-friendly, secure and accessible using a browser, it can meet your demands flexibly, regardless of your trading style. Using the platform at home or on the go is no longer an issue. You can manage the trading account and act at any point, especially when markets are turning. 

Mobile device capabilities are ensured and traders are invited to use the platform on Android or iOS, without any reduction in performance. You can benefit from the same tools and analysis resources, the only downside being the smaller screen size. 

Fxonic WebTrader

Bottom line

Fxonic is a global trading brand that continues to expand its audience. With a generous asset list, interesting software and competitive trading terms, it wants to show that all traders are welcome to open a live trading account. Given the very low deposit requirement for a Basic account, that turns out to be true. On top of that, backed by market analysis features, customers get an extra hand when they struggle to understand the latest market changes. 

Fxonic Overview
Fxonic logo

Product Name: Fxonic

Product Description: Financial markets have been posting a positive mood over the last few months, despite some short-term turmoil generated by the US banking sector. While risk appetite increased, traders continue to cautiously look for ways to take advantage of price movements, without gaining long-term exposure. 

Brand: Fxonic

Summary

Fxonic is a global trading brand that continues to expand its audience. With a generous asset list, interesting software and competitive trading terms, it wants to show that all traders are welcome to open a live trading account.