This profile is currently being reviewed by the BestForex.io editorial team. Some information may be incomplete or subject to change.
FXON Review
FXON is a Seychelles licensed broker that has suspended all trading services for a system upgrade, with every page on its site redirecting to one notice.
Min Deposit
$100
Spreads From
Not applicable now (historically around 1.5 pips)
Max Leverage
Not applicable now (historically up to 1:1000)
Platforms
MetaTrader 4, MetaTrader 5
Pros
- Held a real Seychelles FSA Securities Dealer license before the shutdown
- Offered both MetaTrader 4 and MetaTrader 5 while it was active
- Low $100 minimum deposit made it accessible for smaller accounts
- Published a clear notice instead of vanishing without any explanation
Cons
- All trading services are currently suspended for a system upgrade
- No confirmed date has been given for the platform to relaunch
- Seychelles FSA is only a light touch, offshore level regulator
- New sign ups and account logins are not available right now
FXON was a forex and CFD broker run by FXON Ltd, a company incorporated in Seychelles in 2023. It held a Securities Dealer license from the Seychelles FSA and launched its trading service in 2025. Before the shutdown, FXON offered MetaTrader 4 and MetaTrader 5, a $100 minimum deposit, and leverage up to 1:1000.
As of this review, every page on FXON's website redirects to a single system upgrade notice. It says all services are temporarily suspended while the company rebuilds its trading infrastructure, and there is no live trading platform, account login, or new sign up option running today.
FXON says it plans to relaunch in an improved form, but gives no firm date on its own notice. Its Seychelles FSA license was always a light touch offshore license, not a top tier one like the FCA or ASIC. Anyone who still has funds with FXON should contact its support address directly rather than wait for a relaunch.
Min. Deposit
USD 100
Max Leverage
Not applicable now (historically up to 1:1000)
Spreads From
Not applicable now (historically around 1.5 pips)
Platforms
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
