Okay for small trades, but the fees surprised me

Name: Okay for small trades, but the fees surprised me
Item: Fxnet
Rating: 3
Author: Fatima Al-Mansoori

I’m Fatima from Dubai and I used FXNet on a Standard account for about 6 months. The platform was easy enough to navigate and execution felt fine on major pairs during normal market hours. What I didn’t like was how some costs only became obvious after a few weeks (overnight charges and a couple of small service/processing fees on my statements). Nothing dramatic, but it changed my expectations. Deposits by card went through quickly for me and my account was credited the same day. Withdrawals did arrive, but not always as fast as the estimated timeline, so I learned not to rely on it when I needed funds urgently. Support was polite and answered in a reasonable time, but sometimes the replies felt templated and I had to ask follow-up questions to get a clear explanation. Overall: usable, but I’d recommend reading the fee schedule carefully and testing with a smaller balance first.

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

More reviews of Fxnet

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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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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Sanjay PatelUnverified

6 months

Okay for learning, but costs add up on busy days

I’m Sanjay from Delhi and I used FXnet on a Standard account mainly to practice short-term EUR/USD and gold trades. The platform setup was straightforward and I didn’t have issues placing orders, but during high-volatility sessions I noticed wider spreads than I expected and it made my scalps harder to manage. Deposits were smooth with my card and the money showed up quickly. Withdrawals did arrive, but not as fast as the deposit side, and the status updates felt a bit vague until I messaged support. Support replied politely and gave me the usual checklist (KYC, bank details), which solved it, but I’d like more proactive updates. Overall it’s usable for learning and casual trading, just watch your transaction costs if you trade around news.

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Youssef KhanUnverified

6 months

Decent execution, but the portal feels dated

I’m Youssef Khan from Dubai and I’ve been using FXNet on and off for the last 6 months on a Standard account. The actual trading side is mostly fine—orders get filled without drama and spreads are acceptable during normal liquidity. Where it loses points for me is the client portal and overall “account management” experience. Funding and reporting work, but the flow feels a bit old-school and I had to click around more than I expected just to find simple things like statements and fee details. Support was polite when I asked about my account settings, but the answers felt a little templated. Overall: usable broker for basic forex trades, just not the smoothest experience if you care about dashboards and self-service tools.

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Okay for small trades, but the fees surprised me