Broker Review · last checked July 2, 2026
FxNet Review
FxNet is a Cyprus Investment Firm that public CySEC records show as authorised under licence 182/12. The broker’s official materials also show MT4 support, published costs, and a dormant-account fee, but readers should still verify current 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 appears to be an established Cyprus-based broker brand with public evidence of CySEC authorisation and an official costs disclosure. That said, some public materials indicate a transition from the FxNet website to NessFx, so the key due-diligence step is to confirm the exact trading entity, domain, and legal documents you are contracting 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
| Item | What public sources show | Why it matters |
|---|---|---|
| Legal entity | Fxnet Ltd / FXNET Limited appears in CySEC public records and official company documents. | Confirms the broker is tied to a named legal entity rather than an anonymous brand. |
| Regulator | CySEC public register entry and official broker documents cite CySEC authorisation. | Regulatory status is the first thing to verify before depositing. |
| Licence number | 182/12 in official broker documents and public references. | Useful for checking the exact register entry and approved domains. |
| Company registration | HE 300624 in official broker documents. | Helps match the broker to the correct Cyprus company record. |
| Registered office | Official platform material lists 4 Theklas Lysioti St, Harmony House, Office 31, 3rd Floor, 3030 Limassol, Cyprus. | A verified address is part of basic counterparty due diligence. |
| Website status | Official platform material says users will be redirected to NessFx. | Readers should confirm which domain is currently live and legally binding. |
Do not rely on branding alone; verify the legal entity, domain, and agreement you are accepting.
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 |
|---|---|---|---|---|---|
 XTB | 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 |
 Capital.com | 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 |
 Colmex Pro | 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 |
 CMC Markets | 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 |
 Interactive Brokers | 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 strongest publicly visible points are regulatory: CySEC lists Fxnet Ltd in its investment-firm register, and official company documents cite Cyprus registration number HE 300624 and CySEC licence number 182/12. Official materials also show MetaTrader 4 and WebTrader support, plus disclosed costs including spreads, swaps, and a EUR 40 monthly dormant fee after 90 calendar days of inactivity. The main caution is that public web pages indicate a redirect from FxNet to NessFx, so the current operating domain and client onboarding flow should be checked directly on the broker’s own legal pages.
Entity and regulation
CySEC’s public register entry for Fxnet Ltd supports that the firm exists as a Cyprus investment firm. Official FxNet documentation states the company is authorised and regulated by CySEC under licence 182/12 and incorporated in Cyprus under HE 300624. The same official platform page says users may be redirected to NessFx, described there as also owned and operated by FXNET Limited. That means the broker identity may be stable at the company level, but the client-facing website has evolved and should be verified carefully.
Fees and account structure
Public costs disclosure materials show account-related charges that readers should not ignore. The document lists spread examples by account type, commission on the Platinum account, swap charges, and a dormant fee of EUR 40 per month after 90 calendar days of inactivity if the account still has a positive balance. The same disclosure also includes a 1:30 margin example, which is useful context but not a universal account promise. Because fee schedules can change, the safest interpretation is that FxNet/NessFx has historically published a fairly detailed cost sheet, but current pricing should be checked on the live legal documentation.
Platforms
Official broker material identifies MetaTrader 4 as the main platform and also refers to FxNet WebTrader. The platform page states that MT4 was available on desktop, iPhone/iPad, Android, and as a web-based platform. That gives prospective users a clear platform baseline, but it does not tell us whether all account types or regions still have access to every interface today, so confirm platform availability during onboarding.
Deposits and withdrawals
Publicly available sources in this review do not provide a current, complete funding-method schedule or minimum deposit page for live clients. The official materials do show that bonuses were tied to initial deposits in older terms, but those terms are not a substitute for a current funding policy. Before opening an account, check the broker’s current cashier page, any payment-service-provider disclosures, processing times, and withdrawal rules, and make sure the account name matches the regulated entity exactly.
Country availability caveat
CySEC’s register page includes a section for provision of services outside the EU, but that does not mean FxNet is available in every country listed or that all readers can open an account. Availability can depend on local law, the broker’s current permissions, and the live onboarding flow. Treat country access as something to verify directly with the broker rather than assuming from historical materials.
Alternatives section
If you want a broker comparison point, use firms that publish clearer current onboarding, funding, and product documentation for your country. A useful shortlist should include a broker regulated in your home jurisdiction, a transparent fee schedule, and an up-to-date deposits/withdrawals page. Compare those documents against FxNet’s current live legal pages before deciding.
Common questions
Is FxNet regulated?
Public CySEC records and official broker documents indicate that Fxnet Ltd / FXNET Limited is authorised and regulated by CySEC under licence 182/12. Always verify the exact entry and the current legal entity yourself before funding an account.
Is FxNet safe?
No broker can be described as completely safe. FxNet has public evidence of regulation, which is a positive sign, but safety still depends on the exact entity, the current website, client agreement, and how withdrawals are handled.
What platforms does FxNet offer?
Official materials identify MetaTrader 4 and FxNet WebTrader. The broker page also notes mobile access through MT4 apps.
What is the FxNet minimum deposit?
A current minimum deposit was not clearly published in the official sources reviewed here. Check the live cashier or account-opening pages before depositing.
Does FxNet charge inactivity or dormant fees?
Yes, the official costs disclosure reviewed here states a EUR 40 monthly dormant fee after 90 calendar days of inactivity if the account still has a positive balance.
Does FxNet support withdrawals quickly?
The official sources reviewed here do not publish a current withdrawal-time guarantee. Review the live withdrawal policy and payment-provider disclosures before opening an account.
Why does the broker mention NessFx?
An official FxNet platform page says users will be redirected to NessFx, described as also owned and operated by FXNET Limited. That suggests a brand or website transition, so readers should 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.