Regulations
Trading Platforms
Max Leverage
1:3000
Max Bonus
88%
Max CPA
NA
Min Deposit
$1
Min Stop-Out
20%
Min Spread
1.0
FirewoodFX is a forex and CFD broker operated by Firewood Global Ltd, registered in Saint Vincent and the Grenadines, focusing heavily on traders in Southeast Asia and regions with less strict regulatory requirements..
Deposit & Withdrawal: Bank transfers, Skrill, Neteller, FasaPay, OK Pay, QRIS/Thai QR, credit cards and cryptocurrencies
Review Consensus: FirewoodFX has built a strong following in parts of Asia and is often praised for its very low fixed spreads, fast deposits/withdrawals, strong local payment coverage and attractive bonuses (20–88% deposit bonuses plus fixed-rate IDR 10,000/USD promos for Indonesian clients). Some users report occasional withdrawal delays or dissatisfaction with copy/PAMM features or risk controls, and the lack of top-tier regulation leads many reviewers to recommend caution with larger balances.
Unique Features:
- Tailored to Southeast Asian retail traders with fixed IDR/USD rate on deposits/withdrawals, local bank and QRIS support
- Free ECN Bonus Account promotion