Decent platform, but costs add up if you’re not careful

Name: Decent platform, but costs add up if you’re not careful
Item: Fxnet
Rating: 3
Author: Neha Nair

I’m Neha from Hyderabad and I’ve been using FXNet for about 6 months on a Standard account. The onboarding was smooth and I could verify my profile without too much back-and-forth. The platform itself feels stable and I didn’t face major crashes, but I did notice that spreads/fees can make a difference during active sessions, especially around news. Execution is okay for my style (mostly intraday on majors), but I wouldn’t call it “super tight” all the time. Deposits worked fine for me and were credited reasonably quickly. Withdrawals did go through, but one time it took longer than I expected and I had to check in with support to confirm the status. Support was polite and did respond, though not instantly. Overall it’s usable and I’ll keep it as a secondary account, but I’m more cautious now about trading during volatile windows because the total cost can creep up.

Experience: 6 months
Country: India
Account type: Standard
Deposit experience: 4/5
Withdrawal experience: 3/5
Support rating: 4/5

More reviews of Fxnet

Fatima KhanUnverified

6 months

Stable MT4 fills but the dashboard feels dated

I’m Fatima from Abu Dhabi and I’ve been trading mostly EUR/USD and gold on a Standard account for about 6 months. Overall the execution has been consistent for my small position sizes and I haven’t had random disconnects during London open, which matters to me. Deposits by card went through without drama and the balance updated quickly. Withdrawals did arrive, but not as fast as I expected on the first request and I had to double-check my banking details in the portal because the layout isn’t very clear. Support was polite and answered my questions about leverage and swap rates, but the replies were sometimes a bit templated. If they modernize the client area and make the funding pages clearer, I’d rate it even higher.

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Omar MalikUnverified

6 months

Smooth platform, but fees are a bit hard to predict

I’m Omar from Sharjah and I’ve been using this broker on and off for about 6 months, mainly for EUR/USD and XAU/USD. The platform connection has been stable for me and orders usually go through without drama, which is the main reason I’ve kept the account open. What I didn’t like is that the total trading cost sometimes felt unclear until I compared my fills across a few sessions (spread changes + any extra charges). It’s not a deal-breaker, but I prefer when the costs are easier to estimate before I place a trade. Deposits were straightforward and credited quickly. Withdrawals did arrive, but not always as fast as I expected—still within a reasonable timeframe. Support was polite and answered my questions, but the replies sometimes felt like templates, so I had to ask follow-up questions to get a direct yes/no. Overall: decent experience, just wish the pricing and charges were a bit more transparent at a glance.

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Fatima Al-RashidUnverified

6 months

Decent for a small account, but the portal feels dated

I’m Fatima from Sharjah and I’ve been trading mostly EUR/USD and gold on a small Standard account. Overall it’s been a stable experience: orders go through without drama and spreads are usually acceptable for my style (short intraday trades, not heavy scalping). The client area works, but it looks old and sometimes I need to refresh to see updated balance/transaction status. Deposits by card were instant for me. Withdrawals did arrive, but the status updates were not very clear and one cash-out took longer than I expected. Support was polite and followed up, but I had to repeat my account number twice which was annoying. Not perfect, but usable and I’d keep it as a backup broker.

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Rohit MalhotraVerified Review

6 months

Solid execution, small annoyances with funding options

I’m Rohit from Gurugram and I’ve been trading mostly majors and gold. My overall experience with FXNet has been positive—orders execute smoothly and I haven’t noticed weird platform freezes during active sessions. Spreads on my usual pairs felt acceptable for a standard account and the pricing looked consistent most days. Depositing was straightforward, but I wish there were a couple more local-friendly payment options and clearer ETA messaging on the checkout page. Withdrawal worked, but it wasn’t instant for me; it took long enough that I had to follow up once. Support replied politely and the answers made sense, but I had to ask twice to get the timeline in writing. Overall, I’m comfortable continuing with them, but they could tighten the funding/withdrawal communication and make the process feel more transparent.

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Decent platform, but costs add up if you’re not careful