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XForex

XForex
SKU:
Brand: Forex Broker
Category: Forex Broker

  • Platform

  • Min deposit

  • Min lot

  • Spreads

  • Broker Type

  • Regulated

Our Rating

The overall rating is based on review by our experts

5
  • Broker Customer Service 5 / 10
  • Broker Features 5 / 10
  • Forex Pricing 5 / 10
  • Trading Platform Connectivity 5 / 10
  • Trading Platform Usability 5 / 10

XForex is a Forex Broker . It started opening it’s doors to clients in 2003 , establishing it’s offices in British Virgin Islands , Cyprus, Australia. XForex (Forex Broker) offers various trading accounts: Mini Account, Standard Account and the minimum deposit for Trading in Forex (FX) is $100.

broker1} offers accounts in: USD Account with fixed spreads. The lowest spread offered in EuroDollar is 2 pips.
It’s platform (Xforex Web/Desktop/Mobile/iOS/Android ) can be traded on Desktop|Mobile|iOS|Android| , it offeres a Fixed spreads, web based platform feed. The platform is set on GMT and it offers a 4 digits decimal spacing on it’s forex pairs. It’s Forex (FX) accounts offer a leverage of 400 : 1 Standard Account

On it’s platforms: Xforex, you can set No Trailing Stoploss, OCO orders, One click trading, furthermore it offers Mobile trading, Webtrading and 49 fx pairs (+exotic). Among the foreign exchange products you can also trade, Gold, Silver, Indices, Commodities, Energies.

broker1} (Forex Broker) is regulated by CySEC, ASIC, and is a Independent broker.

For all those wondering on the payment and withdrawal method, here is a list of funding methods:

Payments:Bank Wire, Credit Card

Withdrawals from your FX account:Bank Wire, Credit Card

XForex - Specs

Broker

Broker Type Market maker
Broker Country British Virgin Islands
Regulation CySEC, ASIC
Indipendant Broker Independent broker
Year in Industry 2003
International Offices Cyprus, Australia

Account

Accept US Clients No US clients
Mini account deposit $100
Standard account deposit $100
Trading account currency USD Account
Leverage Account 400 : 1 Standard Account
Minimal size lot 0.01 lot
Leverage Mini account Mini Account, Standard Account

Payments

Funding method Bank Wire, Credit Card
Withdrawal method Bank Wire, Credit Card

Costs

Commissions no
Costs & Spreads fixed
Costs/Lowest spreads on EURUSD 2 pips

Trading

Premium trading Fixed spreads, web based platform
Scalping yes (monitored)
Hedging
EAs allowed no

Platform

Trading platform type Xforex Web/Desktop/Mobile/iOS/Android
Platform time zone GMT
Decimal pricing 4 digits
Trailing stops No Trailing Stoploss
OCO orders OCO orders
One click One click trading
Mobile trading
Webtrading

Products

Currency pairs 49 fx pairs (+exotic)
Exotic Pairs Exotic Forex Pairs
Gold Silver Gold, Silver
CFD Trading CFD trading
Other instruments Indices, Commodities, Energies

Other

MAM PAMM LAMM no
Managed Accounts No
Swap free accounts Yes
Segregated client accounts

Promotions and Offers

Bonuses (T&Cs apply) Yes
Contests Yes

XForex - Reviews

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  • Rate this Product

  • Funds deposit/withdrawal process, Support, Integrity.
    5
  • Currencies variety, API, News service, etc.
    5
  • Spreads, Spreads during news, Fees, Execution.
    5
  • Bluetooth, Wi-fi connectivity, data trnasfer speed, internet browsing and interfaces.
    5
  • What do you feel about usability and speed of UI (user interface), messaging, calling, contacts management, call history, notifications and internet browsing?
    5
  • 6 / 10 based on your selection