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Broker Review

Magnet FX

Verified Broker

Magnet FX — regulated broker. Score: 7.21/10.

Editorial Score7.2/10GoodHow we score brokers
Founded2010
CEO
Min. Deposit$100

Broker Overview

Account types
Standard
Platform
MT4MT5

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User Reviews · 6

Trader-submitted reviews for Magnet FX

More Reviews
AI Review Summary

Across 6 trader reviews, Magnet FX holds 3.9 out of 5, rated great overall, with 3 reviews backed by verified proof. Reviewers most consistently highlight a solid platform and execution, fast, reliable payouts, and the firm’s reliability and trustworthiness.

Rating Breakdown
550% · 3
433% · 2
30% · 0
217% · 1
10% · 0
3.9
6 reviews
DM
Declan Murphy VERIFIED TRADER
5.0Excellent2 months ago

Fast withdrawals, a broker I trust

Been with Magnet FX for over a year trading FX majors and gold. Withdrawals clear in under 24 hours every single time and the spreads on majors stay tight even at the London open.

CM
Carlos Mendes VERIFIED TRADER
5.0Excellent4 months ago

Tight spreads and quick payouts

Magnet FX has been excellent for active trading. Spreads on majors stay competitive even at the New York overlap, and my withdrawals cleared within a single business day every time.

AS
Andre Silva VERIFIED TRADER
5.0Excellent5 months ago

Smooth funding from day one

Funding and withdrawals on Magnet FX have been smooth from day one, and the spreads on majors are genuinely competitive. Verification was quick and the support team clearly knew their stuff.

Ready to trade with Magnet FX?

Editorial score 7.2/10 · CFDs carry a high risk of losing money.

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