Forex.ee Review
CONTENT
Forex.ee positions itself as a niche broker offering ECN and STP trading environments with competitive spreads and multiple account options. Founded in 2004, it has attracted traders seeking cryptocurrency funding and diverse instruments. However, its offshore registration and lack of top-tier regulation raise important considerations for potential clients.
 | Minimum Deposit: $100 Regulated by: Not Regulated Crypto: Yes |
| Broker | Forex.ee |
| Minimum Deposit | 50 USD |
| Spreads | From 0.0 pips |
| Leverage | 1:500 |
| Fees Commissions | Spreads from 0.0 pips, commissions from $2.5 per lot traded |
| Inactivity Fee | 10 USD per month after 3 months of inactivity |
| Open an Account |  |
Overview
Forex.ee positions itself as a professional ECN broker that delivers ultra-fast execution, raw spreads, and transparency. Traders benefit from leverage up to 1:500, deposits starting from just 15 USD, and advanced tools like slippage control and Level 2 Market Depth.
Frequently Asked Questions
What makes Forex.ee stand out for professional traders?
Forex.ee stands out through its true ECN model, tight spreads from 0 pips, and commissions as low as 2.5 USD. Additionally, it offers ultra-fast execution, deep liquidity, and transparency, all of which create a trading environment designed for active and experienced traders.
Does Forex.ee impose restrictions on trading strategies?
Forex.ee does not impose limitations on trading styles. There are no requotes, interventions, or conflicts of interest. Therefore, traders can apply strategies such as scalping, hedging, and automated systems freely while maintaining confidence in execution reliability and market transparency.
Our Insights
Forex.ee has been active since 2004, offering advanced ECN trading conditions to clients seeking low-cost access to global markets. Its combination of ultra-fast execution, deep liquidity, and transparency makes it attractive for serious traders. However, clients should weigh benefits against the absence of strong regulatory oversight.
| Minimum Deposit: $100 Regulated by: Not Regulated Crypto: Yes |
ECN Accounts
Forex.ee offers two ECN account types with highly competitive trading conditions. Traders benefit from zero requotes, ultra-tight spreads, and execution directly to the market without broker intervention. Both accounts support high leverage up to 1:500 and multiple currencies, making them suitable for serious traders seeking transparency and efficiency.
| Account Type | Open an Account | Min Deposit | Commission (Per Lot) | Max Leverage |
| Basic ECN | | USD 100 | 3.5 units | 1:500 |
| Advanced ECN | | USD 1,000 | 2.5 units | 1:500 |
Frequently Asked Questions
What are the main differences between Basic and Advanced ECN accounts?
The Basic ECN account requires a minimum deposit of USD 100 and charges 3.5 units of the base currency per 1 lot in commission. The Advanced ECN requires USD 1,000 but reduces the commission to 2.5 units per lot. Both accounts offer spreads from 0 and leverage up to 1:500.
How are swap fees calculated on Forex.ee accounts?
Swap fees are applied as 10 percent per annum of the open position value and are charged daily. If positions are held overnight from Wednesday to Thursday, a triple swap applies. Swaps are converted to the deposit currency if the base currency differs, using the average of Bid and Ask prices.
Our Insights
Forex.ee delivers professional ECN trading with tight spreads, direct market execution, and flexible account options. Traders benefit from high leverage, multiple currency support, and clear commission structures. However, swap fees and dormant account charges should be considered before trading, especially for long-term strategies.
| Minimum Deposit: $100 Regulated by: Not Regulated Crypto: Yes |
How to Open a Forex.ee Account
Getting started with Forex.ee is straightforward and fast. You begin by registering a main account, then proceed to open a live or demo trading account through their Client Portal. Once verified, you can fund your account and start trading.
1. Step 1: Register Main Account
Go to Forex.ee’s homepage and click Open Live or Open Account. Register either via social login (Google, Facebook, VK) or by completing the form with your email, phone, and a secure password (10–120 characters). Save your credentials and eWallet number for future use.
2. Step 2: Access Client Portal
After registration, log into the Client Portal to retrieve your unique PIN, which is displayed once. Secure it carefully, as it is required for all financial operations.
3. Step 3: Add Trading Account
In the Client Portal, select Add Account → Trading Accounts, then choose between ECN Net or ECN Gross for a live account, or open a demo account if you want to practice first.
4. Step 4: Complete Verification (KYC)
To enable deposits, withdrawals, and full functionality, complete identity verification by uploading proof of ID, proof of address, and a recent photo as required by Forex.ee.
5. Step 5: Deposit Funds and Begin Trading
Once verification is approved, fund your account using the available payment methods. After funding, you can start trading via TickTrader or other supported platforms.
| Minimum Deposit: $100 Regulated by: Not Regulated Crypto: Yes |
TickTrader Platform
TickTrader is a versatile trading platform that allows clients to trade forex, stocks, commodities, indices, and cryptocurrencies from a single account. Traders benefit from instant order execution, advanced technical analysis tools, and mobile access, making it suitable for high-frequency trading, scalping, and professional market monitoring.
| Feature | Details |
| Asset Classes | Forex Stocks Commodities Indices Cryptocurrencies |
| Execution Type | One/Double Click Trading |
| Technical Analysis | Ready-made indicators and custom creation |
| Platforms Supported | Windows iOS Android Web Terminal |
Frequently Asked Questions
What makes TickTrader suitable for high-frequency trading?
TickTrader supports one-click and double-click trading, allowing traders to place orders instantly without waiting. This feature is ideal for scalping or trading rapidly moving markets, ensuring no second is lost between decision-making and order execution.
Can I use TickTrader on mobile devices?
Yes, TickTrader offers mobile versions for iOS and Android, allowing traders to monitor markets and manage accounts on the go. The mobile terminal mirrors desktop functionality, providing a reliable trading assistant that is always accessible.
Our Insights
TickTrader delivers a powerful, multi-asset trading experience with fast execution and advanced technical analysis tools. Its mobile functionality and one-click trading make it a reliable choice for active traders seeking speed and flexibility. However, beginners may need time to explore all available tools effectively.
| Minimum Deposit: $100 Regulated by: Not Regulated Crypto: Yes |
Forex.ee Trader’s Tools
Forex.ee provides a suite of trading tools that help clients focus on analyzing the market and reacting promptly to changes. Tools such as margin calculators, currency converters, and commission calculators reduce manual errors, allowing traders to make informed decisions while optimizing leverage and trading efficiency.
| Tool | Purpose |
| Margin and Pip Value Calculator | Calculates margin and pip values based on leverage |
| Currency Exchange Rates | Provides real-time and historical currency conversions |
| Commission Calculator | Computes ECN commissions accurately for trades |
Frequently Asked Questions
How does the Margin and Pip Value Calculator help traders?
The calculator uses current prices, account equity, and chosen leverage to determine margin and pip values. Traders can adjust parameters and quickly recalculate, ensuring accurate results without the risk of manual errors, making leverage decisions more precise and confident.
What benefits do the Currency Exchange Rates and Commission Calculators provide?
The Currency Exchange Rates tool provides real-time and historical conversion rates between different base currencies. Meanwhile, the Commission Calculator allows users to quickly compute ECN commissions, including half-turn and round-turn calculations, for any volume on currency pairs or metals.
Our Insights
Forex.ee Trader’s Tools offer essential support for professional trading by simplifying calculations and providing accurate real-time data. These tools enhance decision-making, save time, and minimize errors, which is particularly valuable for active traders or those using high-frequency strategies.
| Minimum Deposit: $100 Regulated by: Not Regulated Crypto: Yes |
Deposits and Withdrawals
Forex.ee offers a variety of deposit and withdrawal options across major cryptocurrencies, ensuring traders can fund and access their accounts quickly. With clear minimum and maximum limits, as well as transparent commission fees, clients can manage their funds efficiently while trading in a secure environment.
| Currency | Deposit Fee | Withdrawal Fee | Minimum / Maximum Amount |
| Bitcoin (BTC) | 0.0002 BTC | 0.0003 BTC | 0 / 10,000,000 BTC |
| BitcoinCash (BCH) | Free | 0.0001 BCH | 0.01 / 10,000,000 BCH |
| Ethereum (USDT/ETH) | 3 USDT / 0.001 ETH | 10 USDT / 0.005 ETH | 5 USDT / 0.01 ETH to 1,000,000 USDT / 10,000,000 ETH |
| Litecoin (LTC) | Free | 0.0005 LTC | 0.01 / 10,000,000 LTC |
Frequently Asked Questions
What cryptocurrencies can I use to deposit funds into Forex.ee?
Traders can deposit using Bitcoin (BTC), BitcoinCash (BCH), Ethereum (USDT/ETH), and Litecoin (LTC). Deposit fees are minimal or free depending on the cryptocurrency, and the platform supports large maximum deposit limits for each currency, accommodating both small and high-volume traders.
Are withdrawal fees and limits different from deposits?
Yes, withdrawal fees are slightly higher than deposit fees, and minimum amounts apply to all supported cryptocurrencies. Maximum limits are very high, allowing flexible fund management. The process is transparent and designed to reduce errors and delays for traders.
Our Insights
Forex.ee provides a secure and user-friendly deposit and withdrawal system that supports multiple cryptocurrencies. Transparent fees and high maximum limits make fund management easy, while minimal commissions and efficient processing cater to both new and experienced traders.
| Minimum Deposit: $100 Regulated by: Not Regulated Crypto: Yes |
Partnership Program
Forex.ee offers a robust partnership program that allows individuals to earn commissions by referring clients to the platform. With professional trading conditions, qualified customer support, and a spotless reputation since 2004, partners can develop their own business while benefiting from modern trading technologies and flexible remuneration levels.
| Feature | Details |
| Program Type | Introducing Broker / Multilevel Partnership |
| Commission Levels | Level 1 Level 2 Level 3 |
| Commission Range | 15% up to 50% of ECN commission depending on volume |
| Requirements | Register in MyForex.EE and invite referrals |
Frequently Asked Questions
How does the Forex.ee Introducing Broker program work?
Partners earn commissions from every trade executed by their referrals. The more clients referred and the higher their trading volumes, the greater the earnings. Additionally, the program includes a multilevel system, allowing partners to earn from Level 2 and Level 3 referrals, increasing potential income.
How do I start participating in the Forex.ee partnership program?
To join, register in MyForex.EE, generate your IB link, and invite referrals to Forex.ee. Once your referrals start trading, your commission depends on their trading volume and your multilevel structure. Forex.ee provides professional support and competitive trading conditions to help maximize your profits.
Our Insights
The Forex.ee partnership program provides an attractive opportunity for entrepreneurs to earn commission through client referrals. Its multilevel structure and commission multipliers based on trading volume create scalable earning potential, while professional support ensures partners can effectively grow their business with minimal risk.
| Minimum Deposit: $100 Regulated by: Not Regulated Crypto: Yes |
Customer Support
Forex.ee provides dedicated support for both trading clients and partners. The Customer Support and Partnership Department operates Monday to Friday from 7AM to 4PM GMT, ensuring timely responses to inquiries via email and helping traders and partners resolve issues efficiently.
Frequently Asked Questions
How can I contact Forex.ee for support?
You can reach the Forex.ee Customer Support and Partnership Department via email at [email protected]. The team is available Monday to Friday from 7 AM to 4 PM GMT and provides assistance for account, trading, and partnership-related queries.
Are Forex.ee support services available on weekends?
No, customer support operates only from Monday to Friday between 7 AM and 4 PM GMT. Queries sent outside these hours will be addressed on the next working day, ensuring that all requests are handled efficiently during business hours.
Our Insights
Forex.ee offers responsive and professional customer support via email, ensuring traders and partners have access to assistance during standard working hours. This reliable support helps clients navigate trading, accounts, and partnership matters with confidence.
| Minimum Deposit: $100 Regulated by: Not Regulated Crypto: Yes |
Insights from Real Traders
⭐⭐⭐⭐
I have been trading with Forex.ee for over a year, and the ECN conditions are exactly what I was looking for. The spreads are razor-thin, commissions are fair, and execution is lightning fast. I feel confident using strategies that require precision without worrying about requotes.
Daniel M
⭐⭐⭐⭐⭐
What I value most about Forex.ee is the deep liquidity and no-conflict environment. The platform feels stable, and execution speed is consistently reliable. Having access to Level 2 Market Depth helps me make informed decisions, and the overall trading conditions suit professional traders like myself perfectly.
Michael
⭐⭐⭐⭐
Forex.ee has impressed me with its transparency and professionalism. Deposits and withdrawals have always been smooth, and I appreciate the clear communication during holiday trading hours. The lack of restrictions allows me to scalp freely, and that flexibility has made a big difference in my trading results.
Sofia
| Minimum Deposit: $100 Regulated by: Not Regulated Crypto: Yes |
Customer Reviews and Trust Scores
A detailed assessment from Traders MBA gives Forex.ee an overall rating of 2.8 out of 5, noting its niche ECN/STP services and MT4 platform but flagging its lack of tier-1 regulation and limited support/resources.
| Source | Trust Score/Feedback |
| Traders MBA | 2.8/5 Solid ECN trading, unregulated |
| BrokersView | 2.0/5 Weak across multiple categories |
| Intelligence Commissioner | Generally positive reviews, verify authenticity |
Forex.ee appears to deliver competitive trading conditions, particularly for experienced ECN traders—but trustworthiness is hampered by regulatory uncertainty and mixed customer feedback.
| Minimum Deposit: $100 Regulated by: Not Regulated Crypto: Yes |
Discussions and Forums about Forex.ee
On an Online forum, Forex.ee’s director (Vladislav Karpeev) responds directly to traders, highlighting the company’s history since 2004 and its expansion from Estonia to an international presence, plus emphasis on tight spreads and low commissions.
| Topic | Nature of Discussion |
| CEO’s engagement | Active participation, reassurance of transparency |
| Trader complaints (historical) | Issues with execution/responsive, with apologies and compensation offered |
The forums reflect both user frustrations and efforts by Forex.ee’s management to transparently address concerns and maintain a dialogue with users.
| Minimum Deposit: $100 Regulated by: Not Regulated Crypto: Yes |
Employee Overview of Working for Forex.ee
There’s very limited publicly available information specifically about employees working at Forex.ee. The company’s own “About” page notes that its support and partnership teams operate Monday–Friday, 7 AM to 4 PM GMT, but does not include employee perspectives.
| Aspect | Available Insight |
| Official info (Forex.ee) | Department hours and contact - it’s weekday 7 AM - 4 PM GMT |
| External reviews | Generic Forex roles mixed, not Forex.ee specific |
| Culture History | Tech-focused evolving since Estonia’s early days |
In short, there’s insufficient data on employee sentiment or workplace culture at Forex.ee.
| Minimum Deposit: $100 Regulated by: Not Regulated Crypto: Yes |
Pros and Cons
| ✓ Pros | ✕ Cons |
| Tight ECN spreads | Unregulated, offshore registration |
| MT4 platform with ECN/STP models | Minimal educational resources |
| Supports crypto funding | Weak customer support coverage |
| Fast execution, low commissions | Mixed trust scores and user feedback |
| Established since 2004 | Limited transparency on workforce experience |
References:
In Conclusion
Forex.ee operates through two main locations: its registered headquarters in Saint Vincent and the Grenadines, and its original base in Estonia. While it offers customer support services internationally, these are primarily managed from St. Vincent & the Grenadines and Estonia. Countries with local offices or customer support:
- 🇸🇻 Saint Vincent and the Grenadines
- 🇪🇪 Estonia
In Saint Vincent and the Grenadines, the broker is registered, and it’s where the main operational and customer support functions are handled. Meanwhile, Estonia serves as the place of its founding and initial headquarters, and also hosts support services via phone and email.
Faq
Forex.ee accepts various deposit options, including credit and debit cards, bank wire transfers, e-wallets (such as Skrill or Neteller), and cryptocurrencies. You may see the various choices and instructions in your client section on their website.
Yes, withdrawal costs might apply depending on the method you choose.
Withdrawals normally take 1 to 7 business days to complete, depending on the withdrawal method used and the recipient’s bank processing time.
Yes, they offer swap-free Islamic accounts that follow Sharia law rules.
The minimum deposit requirement varies by account type, with the Basic ECN account needing a deposit of $100
- Overview
- ECN Accounts
- How to Open a Forex.ee Account
- TickTrader Platform
- Forex.ee Trader’s Tools
- Deposits and Withdrawals
- Partnership Program
- Customer Support
- Insights from Real Traders
- Customer Reviews and Trust Scores
- Discussions and Forums about Forex.ee
- Employee Overview of Working for Forex.ee
- Pros and Cons
- In Conclusion
