Forex.ee review evaluates an ECN/STP forex broker that focuses on low latency execution, tight spreads, and access to deep liquidity. Operated by NetStock Ltd and established in 2004, Forex.ee serves a global client base from its offshore headquarters in St. Vincent and the Grenadines, offering MetaTrader 4 and ECN trading accounts with competitive conditions for retail and professional traders.

Regulation and Safety

Forex.ee is registered in St. Vincent and the Grenadines under NetStock Ltd (registration number 24413 IBC 2017). However, it is not regulated by any Tier-1 authority such as the FCA, ASIC, or CySEC. This offshore setup results in limited regulatory oversight, and the broker does not offer investor compensation schemes or formal dispute resolution mechanisms.

Client funds are stated to be kept in segregated accounts, but the level of fund protection is not independently audited or guaranteed.

Execution Model and Trading Platforms

Forex.ee uses a pure ECN/STP execution model, connecting clients directly to liquidity providers without dealing desk intervention. This allows for tight spreads, fast execution, and low slippage.

Available platforms include:

• MetaTrader 4 (MT4) for desktop, mobile, and web
• MT4 MultiTerminal for account managers

FIX API is supported for institutional and high-frequency traders. VPS hosting is also available at no cost for clients meeting minimum balance or volume thresholds.

Markets and Instruments

Forex.ee provides access to over 120 tradable instruments, including:

• Forex – 50+ currency pairs
• Cryptocurrencies – BTC, ETH, XRP, LTC, BCH (against USD, EUR, JPY)
• Indices – major global CFD indices
• Metals – gold, silver
• Energy – crude oil, natural gas

The broker is particularly strong in crypto-fiat pairs with ECN-style execution.

Accounts, Spreads and Leverage

Forex.ee offers four primary account types:

• STP: No commission, spreads from 0.5 pips
• ECN Basic: Spreads from 0.3 pips + $5/lot commission
• ECN Advanced: Lower commission of $2.5/lot
• Crypto Account: Spreads from 0.0 pips + $1/side per crypto lot

Minimum deposit starts at $50 for STP and $200 for ECN. Leverage up to 1:500 is available for forex. Stop-out levels vary by account type, generally at 30%–50%.

Funding and Base Currencies

Forex.ee accepts deposits via:

• Bank wire transfers
• Visa/Mastercard
• Skrill, Neteller
• Bitcoin and other crypto wallets
• Perfect Money, FasaPay

Base currencies include USD, EUR, RUB, and BTC. Deposit processing is near-instant for e-wallets and crypto, while withdrawals are processed within 1–2 business days.

Client Protections and Features

Being offshore, Forex.ee does not offer FSCS or ICF coverage. However, clients receive:

• Segregated client accounts
• Two-factor authentication (2FA) via client portal
• Encrypted transaction protocols
• Negative balance protection (case-by-case)

The broker provides trading tools such as liquidity statistics, slippage monitoring, and a detailed commission calculator.

Institutional and Retail Offering

Forex.ee caters to both audiences:

• FIX API access for institutions
• White-label solutions
• MAM accounts for asset managers
• Crypto liquidity services

Retail traders benefit from low minimum deposits, ECN pricing, and multilingual support. The broker supports EA and scalping strategies without restriction.

Pros and Cons

Pros

• True ECN/STP execution
• FIX API and VPS access
• Crypto-to-fiat trading pairs with deep liquidity
• Low spreads and transparent commission structure
• MAM and white-label support

Cons

• No Tier-1 regulation
• Offshore jurisdiction (SVG)
• Limited educational materials
• No MetaTrader 5 support
• Not suitable for traders needing FSCS or EU protection

Frequently Asked Questions

Is Forex.ee regulated?

Forex.ee is registered in St. Vincent and the Grenadines but is not regulated by a Tier-1 authority such as the FCA, ASIC, or CySEC.

What type of execution does Forex.ee offer?

Forex.ee uses ECN/STP execution, connecting traders directly to liquidity providers without dealing desk interference.

What is the minimum deposit at Forex.ee?

The minimum deposit is $50 for STP accounts and $200 for ECN accounts. Crypto accounts also require $200 minimum.

Is FIX API available at Forex.ee?

Yes, FIX API access is available for high-frequency and institutional traders upon request.

Does Forex.ee offer cryptocurrency trading?

Yes, Forex.ee offers ECN crypto trading with pairs like BTC/USD, ETH/EUR, XRP/USD, and others via dedicated Crypto Accounts.