Streamline Your Trading Experience
FlowBroker emerges as a distinguished online trading platform, offering an expansive suite of over 4,500 CFD instruments across various asset classes. Regulated by the Securities Commission of The Bahamas, it ensures robust security measures and competitive pricing, positioning it as an appealing choice for both novice and seasoned traders.
Pros and Cons
Pros
- 4500+ CFD Products Available
- Competitive Spreads & Pricing
- 24/5 Multilingual Support
- Fast and Easy Account Setup
- Demo and Islamic Accounts
Cons
- No Crypto CFDs Available
- No Educational Resources
- $25 Withdrawal Fee
- 2% Credit Card Deposit Fee
- $20 Inactivity Fee After 180 Days
Who Is Recommended For?
FlowBroker is ideally suited for traders who seek a variety of trading instruments and robust customer support within a secure environment. Not only does it provide a diverse range of CFD products at competitive rates, but its platforms like MT4 and the proprietary FlowTrader enhance user experience with their intuitive interfaces. FlowBroker’s commitment to security is evident from its practice of holding client funds in segregated accounts and offering negative balance protection. Although it lacks Crypto CFDs, the extensive support for other assets, coupled with facilities like 24/5 customer service and a fast account opening process, makes it a compelling option for both new and experienced traders.
Top Features
Distinct Trading Advantage
FlowBroker distinguishes itself in the crowded online brokerage space with several unique features that cater to a diverse clientele. Key among these is the competitive pricing structure, which includes tight spreads and low margins, making it an attractive option for cost-conscious traders. Additionally, the broker offers a wide variety of CFD products, allowing traders access to a broad range of markets including Forex, indices, commodities, stocks, bonds, and ETFs. This extensive selection enables traders to diversify their portfolios within a single platform.
FlowBroker also prioritizes client fund security, utilizing segregated accounts to ensure that client assets are kept separate from company funds. Another standout feature is their proprietary trading platform, FlowTrader, which complements the widely used MT4 platform, providing users with customized trading experiences.
Account Types
Tailored Trading Accounts
FlowBroker provides a range of account types tailored to meet the needs of diverse trading strategies and investor requirements. The broker offers an ECN account, which is popular among traders looking for direct access to currency markets with lower spreads and more transparency. This account type is especially beneficial for those trading large volumes, as it typically provides faster execution and lower trading costs by connecting traders directly to liquidity providers.
Additionally, FlowBroker caters to the specific needs of Muslim traders with its Islamic Account option, which complies with Sharia law by eliminating swap fees and interest. This feature ensures that trading practices align with Islamic finance principles, making it an inclusive platform for traders from various cultural backgrounds.
Both account types come with access to demo accounts, which allow new traders to practice trading without risking real money. This is particularly useful for beginners to familiarize themselves with the platform and for more experienced traders to test new strategies in a risk-free environment.
Account Type |
Available |
DEMO ACCOUNT |
Yes |
ISLAMIC ACCOUNT |
Yes |
SEGREGATED ACCOUNT |
Yes |
MANAGED ACCOUNT |
No |
SUITABLE FOR BEGINNERS |
Yes |
SUITABLE FOR PROFESSIONALS |
Yes |
US TRADER |
No |
Trading Platforms
Advanced Trading Solutions
FlowBroker provides its traders with advanced and versatile trading platforms, catering to various trading preferences and styles. The broker offers both MT4, a widely acclaimed platform known for its robust features and customization options, and FlowTrader, their proprietary platform designed for a streamlined trading experience.
Mobile Trading Apps
FlowBroker ensures that traders can manage their portfolios on the go by offering mobile versions of both MT4 and FlowTrader. These apps are available for both Android and iOS devices, featuring full trading functionality, real-time pricing, advanced charting tools, and account management features.
Web Trading Apps
The web versions of MT4 and FlowTrader allow traders to access their accounts from any web browser without the need to download or install any software. These platforms are known for their user-friendly interfaces and robust trading tools.
Desktop Trading Apps
For those who prefer trading on a desktop, FlowBroker provides powerful desktop applications for both Windows and Mac. These platforms offer enhanced trading features, including automated trading capabilities, advanced charting packages, and comprehensive market analysis tools.
Trading Platform |
Available |
MT4 |
Yes |
MT5 |
No |
CTRADER |
No |
PROPRIETARY |
Yes |
Desktop and Web Platform |
Available |
DESKTOP WINDOWS |
Yes |
DESKTOP MAC |
Yes |
WEB PLATFORM |
Yes |
Mobile Platform |
Available |
ANDROID |
Yes |
iOS |
Yes |
Pricing
Efficient Cost Structure
FlowBroker maintains a competitive and transparent fee structure that caters to a variety of traders.
Account Minimum
The minimum deposit required to open an account with FlowBroker is $100. This relatively low threshold makes it accessible for new traders.
Trading Fees
FlowBroker does not charge specific trading fees, which includes the absence of commission on trades.
CFD Fees
CFD trading with FlowBroker involves spreads as the main cost. These are competitive within the industry, offering tight spreads and low margins.
Forex Fees
Forex trading fees are also based on spreads. For example, the EURUSD pair has a minimum spread of 0.8 in the Classic Pricing model and 0.5 in the Platinum model.
Futures Fees
FlowBroker does not charge fees for futures as they do not offer futures trading.
Account Fee
There are no ongoing account maintenance fees charged by FlowBroker, which helps reduce the overhead costs for traders.
Inactivity Fee
An inactivity fee of $20 is charged after 180 days of no trading activity, encouraging traders to remain active or to withdraw funds if they are not trading.
Deposit Fee
A deposit fee of 2% is applied to credit card transactions, which is the only deposit method that incurs a fee.
Withdrawal Fee
Withdrawals incur a fee of $25, which is a fixed cost regardless of the withdrawal amount or destination.
Overnight Funding Fee
Yes, FlowBroker charges an overnight funding fee, which applies to positions held open overnight, a standard practice in CFD trading.
Currency Conversion Fee
FlowBroker does not charge a specific currency conversion fee, which can benefit traders dealing in multiple currencies by reducing costs associated with currency exchange.
Guaranteed Stop Order Fee
FlowBroker charges a fee for guaranteed stop orders, providing traders with protection against market gap risks at a cost.
Service Details
Reliable Support Around the Clock
FlowBroker is committed to providing exceptional customer support, available 24/5 to assist traders with any inquiries or issues they might encounter. The support team can be reached through multiple channels, including live chat, email, and phone, ensuring that traders can choose the method that best suits their preferences. This multilingual support caters to a global audience, enhancing user experience by offering help in various languages. The availability of diverse communication channels and the broad coverage of support hours reflect FlowBroker’s dedication to delivering reliable and accessible customer service, aiming to resolve trader queries promptly and effectively. This robust support system is particularly beneficial in the fast-paced trading environment, where timely assistance can be crucial.
Reliability & Security
Secure Trading With Assurance
FlowBroker is deeply committed to the safety and trust of its clients, utilizing multiple measures to ensure a secure trading environment. Regulated by the Securities Commission of The Bahamas, FlowBroker adheres to strict standards of financial conduct and transparency. To prevent fraud, the broker operates under regulatory oversight, providing an additional layer of credibility and security. Further solidifying its dedication to client protection, FlowBroker ensures that all client funds are held in segregated accounts, effectively separating them from the company’s own funds. This arrangement protects clients’ investments from being used for any other purpose, including company liabilities. Additionally, FlowBroker offers Negative Balance Protection, guaranteeing that traders do not lose more than their deposited funds, thus mitigating potential trading risks.
Regulatory Body |
Status |
ASIC |
No |
CySEC |
No |
DFSA |
No |
EFSA |
No |
FCA |
No |
FMA |
No |
SCB |
Yes |
FSCA |
No |
FSC |
No |
JFSA |
No |
MAS |
No |
MiFID |
No |
Final Thoughts on
FlowBroker emerges as a compelling choice for traders looking for a versatile trading environment backed by robust security measures. With a broad array of over 4500 CFDs across various asset classes and competitive pricing structures, it caters to both novice and experienced traders. The inclusion of features like segregated accounts and negative balance protection highlights its commitment to client security, offering peace of mind amidst the volatility of financial markets.
While the absence of cryptocurrency trading and educational resources could be a limitation for some, the strong regulatory framework and the wide range of available trading platforms more than compensate. If you’re seeking a broker that combines user-friendly technology with stringent safety protocols, FlowBroker deserves serious consideration.
Contact Info
Sassoon House, Shirley Street and Victoria Avenue, Nassau in the Island of New Providence, P.O.BOX SS-5383, Bahamas.