xForex Review

xForex
Bonus up to $2500
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Overview

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…

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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 Yes
Regulation Cysec
Hedging Yes
One-Click Execution Yes
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 No
Mobile Trading Yes
Tablet Trading Yes
Overall Score 4.1/5.0

Screenshots

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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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