Explaining the features and reputation of FXON

High functionality and high security. A new standard for FX brokers that rewrites conventional wisdom

FXON is an up-and-coming overseas FX broker that began full-scale services in 2025.FXON has been researching traders’ opinions for five years and is providing a variety of services that overturn the conventional wisdom of the overseas FX industry.

With features such as high execution power through AI analysis, a robust next-generation security system, and a portfolio function that is useful for trade analysis, we have created a high-quality trading environment that, once you use it, you will realize that you have never seen anything like it.

Although the company still has a short track record, it has actively taken steps to alleviate traders’ concerns, such as obtaining multiple financial licenses and implementing multiple safety measures.

In this article, we will thoroughly examine FXON’s basic specifications, advanced security system, and the advantages and disadvantages of the service. If you are considering using FXON, please refer to this article.

Table of Contents

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1. FXON is a next-generation broker that makes traders’ dreams come true.

   1. Operating company location and license
   2. Basic information about FXON

2. Is FXON a scam? How safe and reliable is it? Comprehensive safety measures and capabilities

   1. Obtaining a highly trusted financial license
   2. Trust protection and damages up to 20,000 euros
   3. Transparent and traceable deposit/withdrawal and fund transfer processes
   4. A robust security system at the same level as a cryptocurrency exchange
   5. Strict guidelines to protect personal information

3. FXON’s benefits and good reputation

   1. The industry’s highest execution power
   2. The industry’s narrowest spreads
   3. Eliminate unnecessary costs by eliminating deposit/withdrawal fees and account maintenance fees
   4. Maximum leverage of 1,000x allows aggressive trading
   5. Over 210 types of trading products
   6. Two high-quality account types
   7. FXON’s original MT4 and MT5 indicators are provided free of charge.
   8. Intuitive portal page
   9. “Portfolio function” automates trade recording and analysis
   10. Publish calculation tools and volatility analysis that are useful for trading
   11. Unlimited demo account
   12. Earn more with our next-gen partner program
   13. 365-day online support in Japanese, even on weekends
   14. High-performance VPS provided free of charge

4. Disadvantages of FXON based on its reputation

   1. The minimum initial deposit is 100 USD equivalent
   2. Standard accounts only support MT5
   3. No bonuses or promotions at the moment
   4. Swap-free trading not supported
   5. New entries are not possible if the margin maintenance rate is below 100%.

5. FXON is an innovative overseas FX broker that evolves from the perspective of traders.

6. Detailed information about FXON

   1. Operating company information

   2. Japanese support and support desk

   3. Terms of trade and deposit protection rules

   4. Terms and conditions for each account type

7. FXON – Frequently Asked Questions (FAQ)

FXON is a next-generation broker that makes traders’ dreams come true.

FXON isa new generation broker with the concept of providing traders around the world with something they’ve never seen before .

With five years of market research and the introduction of the latest technology, we are committed to creating a trading environment that makes the dreams of all traders come true.

Most FX brokers simply offer standard services. However, FXON is able to fully address traders’ concerns and requests, enabling the highest level of trading that other companies could not achieve .

In addition, FXON is a member of the Financial Commission, which can efficiently resolve trading disputes, and offers a compensation system of up to 20,000 euros. This high level of safety is also one of the major features of FXON.

Operating company location and license

First, let’s explain about the company that operates FXON. The overview of “FXON Ltd.”, which operates FXON, is as follows:

Overview of FXON Ltd.

Up to € 20,000 per complaint

FXON Ltd. is located in the Republic of Seychelles, where many major overseas FX brokers are also registered. The address and map of the registered location are clearly displayed on the official website, and the records can also be confirmed on the website of the Financial Services Authority (FSA) of the Republic of Seychelles, where the company is registered, so you can rest assured.

In the past, the reliability of the FSA license was questionable, but the situation has changed dramatically. The number of FSA applications has increased dramatically, making it difficult to obtain, and many companies are unable to obtain it. Although the requirements for obtaining the license are not particularly strict, given this background, it can be said that FXON’s FSA license indicates a certain level of reliability .

Basic information about FXON

Here is some basic information about FXON:

Basic information about FXON

FXON offers a wide range of services incorporating the benefits offered by general FX brokers. Features include a maximum leverage of 1,000 times, a zero stop level, and a 20% stop out rate , making it easy for traders who use other FX brokers to switch to FXON without any discomfort .

Open FXON account opening page

Is FXON a scam? How safe and reliable is it? Comprehensive safety measures and capabilities

FXON is a new overseas FX broker, so it does not have a sufficient trading record or user reviews. There is not enough information yet to judge the reliability of the service.

It is true that emerging Forex brokers are prone to problems such as withdrawal troubles, and many users may be concerned about this. FXON has prepared many safety measures to eliminate such concerns.

Obtaining a highly trusted financial license

FXON is an FX broker that has obtained an official financial license from the Seychelles Financial Services Authority (FSA ). In order to hold an FSA financial license, you must meet the following strict standards:

Seychelles Financial Services Authority (FSAS) Financial License and Acquisition Requirements

FSA licenses are held by major overseas FX brokers that are widely trusted by Japanese traders, such as XM and Titan FX .

In addition, regular financial reporting and audits are mandatory even after obtaining a license. Failure to meet these requirements will result in the license being revoked, so this is an indication of the reliability of the company.

Trust protection and damages up to 20,000 euros

FXON has established one of the top fund guarantee systems among overseas FX brokers. The two asset protection systems provided by FXON allow you to deposit funds safely.

The first protection system is segregated management by major financial institutions . Funds deposited with FXON are segregated in a trust account at ABSA BANK, a subsidiary of the British financial giant Barclays Group. Even if FXON goes bankrupt, traders’ funds are protected independently and the full amount is returned.

The second protection system is a compensation system by the international dispute resolution organization ” The Financial Commission .” If a dispute occurs between FXON and a trader, the Financial Commission will seek to resolve the dispute quickly. In addition, compensation of up to 20,000 euros (approximately 3 million yen) is available per case.

There are few overseas FX brokers that have such a generous fund protection system in place, which is one of the reasons why FXON is so trusted.

Transparent and traceable deposit/withdrawal and fund transfer processes

FXON has implemented a highly transparent funds transfer system to address concerns about withdrawal issues that may arise when using overseas FX.

A 17-digit Process ID is assigned to all deposits, withdrawals, and fund transfers made through FXON, allowing you to check and track the details of your transaction history. This system allows you to check the status of your fund transfers in real time, so you can deposit and withdraw with peace of mind .

In addition, we have put in place a system to prevent unauthorized transfers of funds by requiring additional passkey authentication before making large deposits and withdrawals.

A robust security system at the same level as a cryptocurrency exchange

FXON protects customer assets with a robust security system at the same level as cryptocurrency exchanges . This greatly increases the likelihood of preventing fund outflows due to unauthorized access to accounts, which has been increasing in recent years.

The following fraud prevention systems are implemented in FXON’s client portal:

FXON’s unauthorized access prevention measures

You can set the authentication method that best suits your needs. In addition, if unauthorized login or suspicious access is detected, the system automatically switches to authentication using a one-time URL , providing an additional defense system.

Strict guidelines to protect personal information

FXON strictly manages the personal information of traders . The information handled by overseas FX traders is quite extensive, including basic information such as name and address, as well as photographs, bank account information, and credit card numbers.

If this information were to be leaked, it could lead to serious problems such as fraudulent transactions and financial damage. In order to prevent such troubles, FXON safely manages personal information in the following ways.

FXON Personal Information Management

Our strict privacy protection system allows you to focus on trading without worrying about the safety of your personal information.

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FXON’s benefits and good reputation

We will explain the benefits of FXON ‘s account specifications. Let’s find out why FXON is said to be the ideal FX broker.

The industry’s highest execution power

FXON employs a trading system that utilizes high-spec servers located around the world to provide traders with the highest level of contract power . FXON boasts an average contract speed of 0.020 seconds and an overwhelming contract rate of 99.91%. This allows for near-ideal trading with minimal contract rejections and slippage .

FXON’s superior execution power is supported by a cutting-edge infrastructure that combines the world-class data center “Equinix” and Amazon’s “AWS.” By adopting a direct connection method, it is possible to trade with minimal latency compared to the normal Internet.

In addition, we use deep learning AI to analyze past trading data and predict future trading patterns, resulting in more accurate and faster execution.

The industry’s narrowest spreads

FXON offers the industry’s narrowest spreads, with the minimum spread starting at 0.0 pips for the “Elite Account.” In addition, transaction fees are quite low at just $3 one way, making trading one of the lowest costs in the industry, even including fees .

In addition, FXON has no transaction fees for all CFDs except for FX currency pairs and precious metals CFDs. The only cost is the spread, so there is no need for complicated cost calculations.

In addition, even with a “Standard Account,” FXON has a sufficiently narrow average spread of 1.5 pips (USD/JPY). With FXON, you can make highly accurate entries regardless of the type of trading account.

Eliminate unnecessary costs by eliminating deposit/withdrawal fees and account maintenance fees

FXON thoroughly eliminates fees other than those for trading so that traders do not incur unnecessary costs . First of all, FXON does not charge any fees for deposits or withdrawals. In addition, there are no basic administrative fees such as account opening fees or account maintenance fees.

FXON also offers a variety of services to support traders, all free of charge . You can use the advanced portfolio function, proprietary indicators, calculation tools, learning tools, and more, all of which are unprecedentedly generous support.

Maximum leverage of 1,000x allows aggressive trading

FXON’s maximum leverage is 1,000 times , which is higher than the standard level of overseas FX brokers. It is a broker with excellent trading conditions, and you can aim for high returns by utilizing sufficiently high leverage.

FXON’s leverage by stock is as follows:

FXON’s maximum leverage for each FX currency pair and CFD

Leverage is fixed except for FX currency pairs and precious metals CFDs , and is also limited by the amount of your equity at FXON.

FXON’s leverage restrictions on balance are more lenient than those of other companies. Up to 1 million yen in available margin balance, you can trade with a maximum leverage of 1,000 times, and up to 7 million yen, you can trade with a maximum leverage of 500 times.

Over 210 types of trading products

FXON offers a wide variety of FX currency pairs and CFDs, totaling more than 210 types . Each product can be traded with the industry’s highest spreads and leverage, allowing for a wide range of flexible trading.

Below are the FX currency pairs and CFDs available on FXON.

FX currency pairs and CFDs handled by FXON

FX currency pairs include a wide range of exotic currencies such as the Turkish lira and South African rand , making it a great choice for traders who want to make a profit using swap points.

In addition, there is a particularly wide range of stock CFDs, and you can trade Japanese stocks such as Honda Motor Co., Ltd. and Mitsui & Co., Ltd. Furthermore, precious metal CFDs such as gold and silver are handled not only in US dollars but also in euros.

Two high-quality account types

FXON’s account types are limited to only two types: “Standard Account” and “Elite Account”. Some FX brokers offer many account types with finely divided features, but in many cases the necessary services and functions are scattered and difficult to use.

FXON offers a wide range of core services and important features for each account type , providing a clear choice based on your needs, with simple yet powerful features .

The account specifications for each account type are as follows:

FXON Account Types Overview

The main difference between the two account types is the narrow spread and trading fees . There is no difference in maximum leverage, available stocks, minimum required deposit amount, and other various services, so no matter which account type you choose, you can fully utilize FXON’s specifications.

Read also

FXON account types explained! Introducing the differences between the two types and recommended points | FXON | FX Plus™

This article provides a detailed explanation of the two account types offered by FXON, the Standard Account and the Elite Account, as well as the features and benefits of each type, and what type of traders each account is suitable for.

2025.01.29

FXON’s original MT4 and MT5 indicators are provided free of charge.

FXON’s MT4 and MT5 platforms are equipped with original indicators developed by FXON . FXON’s original indicators are practical indicators created based on the feedback of traders. They provide unique analysis that goes beyond basic indicators.

FXON’s unique MT4/MT5 indicators

All of these indicators can be used immediately by installing MT4/MT5 from the FXON page.

It has everything from basic tools for beginners to advanced analytical tools for intermediate users, and a major advantage is that you can use paid indicator-level features for free .

Open FXON account opening page

Intuitive portal page

The FXON portal page has been designed to be simple and easy to understand , solving the problem of overseas FX portal sites, which are often complicated . Everything is displayed in perfect Japanese, so even beginners to overseas FX will be able to use it without getting lost.

In addition, FXON’s portal page is also packed with features. In addition to being able to manage deposits and withdrawals on your browser, what’s particularly convenient is that you can check your held positions without having to launch MT4/MT5. Positions you are holding are reflected immediately in real time, and you can immediately check your profit and loss, margin maintenance rate, and more.

“Portfolio function” automates trade recording and analysis

FXON offers a ” portfolio function ” that is a popular service among overseas traders.

The portfolio function automatically records and analyzes trade history and visualizes it in an easy-to-understand manner. Detailed analysis that previously required manual management using spreadsheet software is now all processed automatically, making trade analysis easier.

The Portfolio feature allows you to take a closer look at the following items:

FXON’s Portfolio feature records

In addition, there is a function that allows you to view the portfolios of other traders (if they are set to public). By looking at actual data, you can use the trading patterns and risk management methods of proven traders as a reference for your trades. This allows you to gain practical knowledge that cannot be obtained from books or seminars, and improve your skills efficiently.

Publish calculation tools and volatility analysis that are useful for trading

FXON provides calculation tools that are useful for daily trading and volatility analysis . There are three types of calculation tools available: “Margin Calculation Tool”, “Swap Calculation Tool”, and “Pips Calculation Tool”.

The margin calculator allows you to instantly calculate the amount of margin required for trading, which is particularly useful when trading with high leverage. The swap calculator automatically converts difficult-to-understand point values ​​into actual currency values, allowing you to understand the costs incurred for each holding period in advance.

The pips calculator allows you to instantly check your trading costs in monetary terms. This makes your actual break-even point clear, allowing you to plan your profits more accurately.

Volatility analysis allows you to check the volatility of each security by day, hour, and day of the week.

Unlimited demo account

FXON offers an unlimited demo account opening service . The advantage of being able to create unlimited demo accounts is that you can create dedicated accounts for different trading strategies. For example, you can operate separate accounts for different purposes, such as scalping, swing trading , and EA testing.

Even in the demo account, all transactions are automatically recorded and analyzed with the portfolio function , so it is easy to verify your trading method. You can open both standard and elite accounts, so you can compare the features of each account in a practical and risk-free manner.

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Earn more with our next-gen partner program

FXON offers a new type of partner program that allows traders to earn a profit through their referrals. The partner program is a system where you can earn rewards when you introduce FXON to your friends.

FXON’s partner program uses the latest tracking technology, “fingerprinting,” to enable more accurate tracking of referrals. With traditional cookie-based systems, approximately 35% of referrals could not be tracked, resulting in lost commissions. FXON’s fingerprinting technology minimizes such losses .

The differences between the traditional partner program and the FXON partner program are as follows:

Comparison of traditional partner programs and FXON partner programs

FXON is also highly recommended for those who value IB income.

365-day online support in Japanese, even on weekends

FXON provides 24/7 online support in Japanese . You can get support from Japanese staff in the following ways:

FXON Support System

While other overseas FX brokers tend to have limited support on weekends, FXON provides prompt support in Japanese even on holidays. This allows traders to focus on trading without worrying about managing their funds.

Weekend support offers the following benefits:

Weekend trading support

High-performance VPS provided free of charge

FXON offers free VPS to users who meet certain conditions for a limited time . The conditions for using the free VPS are as follows:

Free VPS Application Conditions

Please note that when applying for renewal, the conditions are stricter than when applying for a new license.

It is recommended for traders who use automated trading (EA) as it reduces costs. If you are looking for a VPS environment, this is also an opportunity to try it for free, so be sure to take advantage of it.

Open FXON account opening page

Read also

[Must-see for beginners] EA backtesting is not difficult! Assess the results and choose a good EA | Overseas FX column by pros

Before using an automated trading system (EA), you need to perform backtesting to check the performance of the EA. Backtesting is often thought to be difficult, but it is actually easy to do. In this article, we will explain in an easy-to-understand manner how to perform backtesting and how to assess the results to select a good EA.

2024.05.06

Disadvantages of FXON based on its reputation

We will explain the points to note and disadvantages of FXON ‘s account specifications. FXON has many services that are designed with traders in mind, so there are no major disadvantages. However, there are some points to be aware of when using it. Depending on the trader, the necessary services may not be available, so be sure to check in advance.

The minimum initial deposit is 100 USD equivalent

FXON’s minimum initial deposit amount is 100 USD equivalent (approximately 15,000 JPY) for both standard and elite accounts . Some FX brokers do not have a minimum initial deposit amount, so this can be a disadvantage for those who want to start with as little as possible.

However, this is only the first minimum deposit amount, and there is no minimum amount set for subsequent deposits. You may just meet the requirements for the first deposit.

Standard accounts only support MT5

FXON’s standard account only supports MT5, and MT4 cannot be used . MT4 can only be used with FXON’s elite account. Therefore, if you are using MT4 with another FX broker and are using indicators that are not compatible with MT5, you should be careful. MT4 and MT5 are not compatible, and basically the same indicators and automated trading (EA) cannot be used.

However, MT5 has higher functionality and performance, so if you are just starting out in Forex trading, MT5 should be fine. For those who have been using MT4 up until now, it is also recommended to use this as an opportunity to switch to MT5.

No bonuses or promotions at the moment

FXON does not offer any bonus credits that can be used for trading, such as account opening bonuses or deposit bonuses, and does not hold any campaigns. This is a disadvantage for those who want to trade using bonus funds .

This is because FXON focuses on features and services that traders continue to use, rather than bonuses and campaigns. FXON offers features that are useful in actual trading, such as high-speed execution, low spreads, and easy-to-use analytical tools. These will lead to steady profits in the long term.

Open FXON account opening page

Swap-free trading not supported

FXON does not offer “swap-free .” Swap-free is a service that eliminates swap points that occur when you hold a position across days.

Some FX brokers offer services that do not incur swap points for a few days, a few weeks, or indefinitely. Overseas FX swap points are often negative, and usually result in losses when carrying over a position. Swap-free, which does not incur this cost, is a very popular service among overseas FX traders.

The lack of swap-free may be a bit inconvenient for those looking to engage in medium to long-term trading.

Read also

XS.com launches swap-free account! Trade for up to 5 days with no swap costs | XS | FX Plus™

XS.com has started offering swap-free trading for all account types. With up to 5 days of swap-free trading, you can trade with less impact from swap costs. We will explain the features and precautions of swap-free accounts, as well as how to use them effectively.

2024.07.22

New entries are not possible if the margin maintenance rate is below 100%.

At FXON, if the margin maintenance rate falls below 100%, you cannot enter a new position. This is a restriction to reduce risk, but it can be a disadvantage for those who want to increase their trading volume with a small amount of capital.

If your margin maintenance rate falls below 100% while you are holding a position, you will need to settle the position or make a new deposit before entering a new position.

FXON is an innovative overseas FX broker that evolves from the perspective of traders.

Although FXON is an overseas FX broker that has only just begun to provide its services, it sincerely listens to the feedback it receives from traders and provides the highest level of service.

FXON’s main feature is that it thoroughly pursues the superiority of trading conditions without relying on flashy bonuses or campaigns. In addition, it offers a full range of services to support traders in many ways, including the distribution of free indicators, an unprecedented individual support system, portfolio management functions, and unique trade analysis.

FXON aims to provide a new trading experience by carefully listening to the challenges that previous FX brokers have faced and the requests of traders. Come experience FXON’s concept of “You’ve never seen anything like this before.”

Open FXON account opening page

Detailed information about FXON

Operating company information

Japanese support and support desk

Terms of trade and deposit protection rules

Terms and conditions for each account type

FXON – Frequently Asked Questions (FAQ)

Here are some frequently asked questions about FXON.

1. 🔎Does FXON use the zero cut method?

   Yes, FXON uses a zero-cut system. Even if your account balance becomes negative, the negative balance will be reset to zero, so there will be no margin calls.

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2. 🔎Does FXON offer margin calls?

   No, FXON does not have a margin call. However, if the negative balance in your trading account is not reset, you will need to contact support and have them reset the negative balance to zero.

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3. 🔎Does FXON provide Japanese services?

   Yes, FXON offers Japanese support via email and live chat. Live chat in Japanese is available 24 hours a day on weekdays.

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4. 🔎What financial license does FXON hold?

   FXON holds a license from the Seychelles Financial Services Authority, which has relatively strict regulations among offshore licenses. In the Seychelles, segregation is mandatory, ensuring the safety of customer assets in the event of an emergency.

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5. 🔎What should I be careful of when withdrawing money from FXON?

   Any fees incurred by financial institutions when withdrawing funds from FXON will be borne by the customer.

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