FXFlat Review 2026
A licensed kitchen with real, checkable paperwork.
FXFlat opened its doors in 2002 and cooks as a regulated CFD broker, carrying BaFin licence 156566.
What's on the menu
FXFlat has been serving since 2002, with the kitchen based in Ratingen, Germany. The firm is privately held. The order book runs deep: 200 CFD instruments spanning forex, indices, commodities and crypto. Everything here is a contract for difference, so you are trading the price move, not owning the underlying dish.
MetaTrader comes plated on every account type. There is no copy-trading option here.
| Founded | 2002 |
| Headquarters | Ratingen, Germany |
| Instruments | 200+ |
| Platforms | MT4, MT5, cTrader |
| MetaTrader | Yes, MT4 and MT5 |
| Copy trading | No |
| Real stocks | No, CFDs only |
Kitchen inspection: is FXFlat safe?
The Seychelles FSA is an offshore regulator. It requires broker registration and basic conduct rules, but does not offer the same client protections as the FCA, CySEC, or ASIC. There is no compensation scheme and leverage limits are not imposed.
| Regulator | Licence | Entity |
|---|---|---|
| BaFin | 156566 ✓ | FXFlat Wertpapierhandelsbank GmbH |
Want to inspect the kitchen yourself? Pull up investingchef.com and look up the BaFin licence. The listing lays out the entity name, its authorisation status and the full list of what it is cleared to do. A minute, tops.
Ready to open an account?
FXFlat - BaFin regulated, min deposit $500, 200+ instruments.
Ingredient costs: FXFlat spreads
Here is what the raw ingredients cost on a standard FXFlat account. Spreads breathe with the market and with your account tier; step up to an ECN or raw-spread table and the spread shrinks, but a per-trade commission joins the bill.
| EUR/USD | 0.2 pips pips |
| GBP/USD | 0.5 pips pips |
| USD/JPY | 0.3 pips pips |
| Gold (XAU/USD) | 17c/oz |
| S&P 500 | 0.4pt |
That EUR/USD figure of 0.2 pips pips is a lean, low-cost ingredient, right up there with the ECN specialists.
The bill: FXFlat withdrawal fee and timing
Cost to take money out: None. FXFlat does not charge deposit or withdrawal fees. Your payment provider may apply their own transfer fees.
How long it takes: 1 to 3 business days. E-wallet and card withdrawals are typically faster than bank wire transfers.
No cash leaves the till until your identity checks out. If your proof of ID and address are not yet filed and cleared, the payout waits; once you are fully verified, cash-outs follow the timings shown above.
The cover charge by entity
The opening deposit at FXFlat depends on which entity seats your country. Offshore branches tend to set a smaller cover charge, but you dine with a thinner layer of regulatory protection.
| Entity | Regulator | Min deposit | Max leverage (forex) |
|---|---|---|---|
| FXFlat Wertpapierhandelsbank GmbH | BaFin 156566 | $500 | 1:30 |
FXFlat vs Alvexo
| FXFlat | Alvexo | |
|---|---|---|
| Primary regulator | BaFin 156566 | CySEC 236/14 |
| Min deposit | $500 | $500 |
| EUR/USD spread | 0.2 pips pips | 1.3 pips |
| MetaTrader | Yes | Yes |
| Instruments | 200+ | 450+ |
| Copy trading | No | No |
| Withdrawal fee | None | Varies |
Both kitchens hold real licences, so neither is a bad table. Pull up a chair at FXFlat if you value MetaTrader and running algorithms. Alvexo plates up better for anyone who leans on its particular regulated-entity coverage.
The licences, line by line
| BaFin | 156566, FXFlat Wertpapierhandelsbank GmbH |
Under ESMA house rules, retail traders in the EU and UK are served leverage no higher than 1:30 on the major forex pairs.
What tastes good, what leaves a bad aftertaste
Cooked well
- BaFin regulated, FXFlat Wertpapierhandelsbank GmbH
- MetaTrader 4 and 5 available
- Tight EUR/USD spread from 0.2 pips
Sent back
- No copy trading
- No real stock ownership, CFDs only
- Inactivity fee: $6/month after 12 months
- Higher minimum deposit of $500
Compare FXFlat before you commit
4.0/5 rating - BaFin regulated - min deposit $500
The verdict
Nothing on the plate here is fake: FXFlat is a genuine, regulated broker, and BaFin licence 156566 checks out on the public register. The table is set best for traders who want MetaTrader served on a regulated platform. We rate it 4.0 out of 5.
Other tables worth a look
If FXFlat is not quite to your taste, these regulated kitchens are worth comparing:
Frequently asked questions
Is FXFlat safe?
The Seychelles FSA is an offshore regulator. The kitchen holds BaFin licence 156566, and you can confirm it for yourself on the official register.
What is the FXFlat minimum deposit?
The cover charge is $500 at the main regulated entity. Offshore branches may plate it differently, so check the entity table above for the full spread.
What is the FXFlat EUR/USD spread?
On a standard FXFlat account the EUR/USD ingredient runs about 0.2 pips pips. It moves with the market; an ECN or raw table trims the spread in exchange for a per-trade commission.
How long does FXFlat take to process withdrawals?
1 to 3 business days. E-wallet and card withdrawals are typically faster than bank wire transfers.
Does FXFlat charge withdrawal fees?
None. FXFlat does not charge deposit or withdrawal fees. Your payment provider may apply their own transfer fees.
Does FXFlat have MetaTrader?
Yes. Both MT4 and MT5 are on the menu across every account type, so automated strategies, custom indicators and expert advisors are all on the table.