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xForex Review

Details

Broker	xForex
Website URL	www.xforex.com
Founded	2003
Headquarters	Cyprus
Type of Broker	No dealing desk
Support Types	Live chat, email, phone
Languages	Multilingual
Trading Platform	Webtrader, XFX, MetaTrader4
Minimum Deposit	$100
Bonus	Bonus up to $2500
Max Leverage	1:400
Spread	4
Free Demo Account	Open Demo
Regulated
Regulation	Cysec
Hedging
One-Click Execution
OS Compatibility	Microsoft Windows, Web
Account Types	Mini Account, VIP Account, Islamic Account (Swap Free)
Deposit Methods	Credit Cards, Bank Wire
Withdrawal Methods	Credit Cards, Bank Wire
More Instruments	Metals, Oil, Gold, Indices, Commodities, CFDs
US Traders Allowed
Mobile Trading
Tablet Trading
Overall Score	4.1/5.0

Screenshots

Pros

• Spreads are fixed, and the higher level the account, the tighter they are.
• The main platform is web based, and as such – the trader can log on from anywhere.
• The deposit process is simple and quick, and can be done with a wire transfer, credit card, Western Union, and Diners Club International.
• You can open an account with as little as $100 for the web trader, and $2000 for the MetaTrader4 platform.

Cons

• Limited to only Forex and the gold/silver markets, so if you are looking to trade other markets, you will need another broker.

Review

XForex.com is a broker that offers advanced trading conditions in a fair and clear environment. It is registered in many countries around the world, and as such is seen as reasonable and trusted broker.

The capability to trade so many currency pairs with a tight fixed spread makes this broker an attractive choice for traders who need steady trading environments. Also, the ability to trade spot metals is also a big benefit as the gold and silver markets have become pretty attractive in nowadays.

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