Markets: Forex, Commodities, Stocks, Indices Accepts US Clients: Yes Min. Deposit: $200 Payouts%: 81  Overall Rating: 3.1 / 5   (Based on 9 User Reviews)
 

XP Markets Review

 

XP Markets Video Review:

XP Markets.com Review

XP Markets.com Review

XP Markets.com is one of the lesser known binary option brokers that was founded in 2010 in the U.K. to cater primarily for the English and French speaking markets. The company registered address is listed as #788 – 790 Finchley Road, London, United Kingdom NW11 7TJ.

Established by seasoned professionals in the financial markets, XP Markets.com offers traders a trading platform to dabble in the exotic options market for Forex, Commodities, Equities, Indices and the German Bund market. Their trading platform is perhaps the only trading platform that allows traders to trade in Digital, Touch and Range binary options and offer returns up to 81%.

Trading Platform

Catering for those who are beginners or those who wants quick returns in the financial markets, XP Markets.com trading platform is extremely user friendly. The trading platform is web based and is powered by the TradoLogic engine. To start trading, all a trader has to do is to register, deposit his funds and then start trading. Trades can be carried in just three simple steps, select the asset to trade in, choose the direction of the price movement and decide on the amount to invest in.

Types of Trades

As mentioned earlier, XP Markets.com provides their clients with three unique types of binary options to trade in, Digital, Touch and Range binary options.

  • Digital Binary Options

The aim here is to decide whether the price of the asset will be above or below the strike price on expiration. 

  • Touch Binary Options

With this type of binary options, the trader has to decide if the selected asset will touch a predetermined price level before the expiration period. 

  • Range Binary Options

For range binary options, all the trader has to do is to decide is the selected asset will expire within a preset range upon its expiration. 

Closed & Extend Feature

One good thing about XP Markets.com trading platform is the ability for a trader to “Extend” the expiration period of his trade if he feels it will be conducive to do so. He also has the ability to close his trade before the expiration of asset with the “Close” feature of the trading platform.

Payout

With XP Markets.com, the maximum return on investment is 81% for those trades which are in the money. Traders can make a trade with as little as $5 thus minimizing their trading risk.

Asset List

At XP Markets.com, traders have 90 types of assets trade with. 

Bonds Commodities    Equities Forex Indices
German Bund   

Copper
Crude
Gold
Silver

Apple
Boeing
COCA COLA   
Exxon Mobil
Google
ING GROUP
McDonald’s
Microsoft
Nike
Vodafone

AUD/USD   
EUR/CHF
EUR/GBP
EUR/JPY
EUR/USD
GBP/JPY
GBP/USD
NZD/USD
USD/CAD
USD/CHF
USD/JPY

BOVESPA
CAC future
Dax future
Dow Jones
FTSE future
NASDAQ100
S&P 500 future   

 

Reliability

In terms of funding reliability, XP Markets.com ensured that their clients have alternative methods of depositing their funds. They accept major credit cards transfer as well as wire transfer. As for the withdrawal of funds, these can be done also through credit cards, wire transfer or a check to the client’s address. To ensure their integrity of their clients’ funds, these funds are all kept separated by the billing company. The security of the transaction is also enhanced by encryption with Comodo SSL security certificates.

Customer Support

As for customer support, XP Markets.com website is supported in English as well as in French. To get in touch with the support team, traders can contact the support team on live chat, email them at: support@xpmarkets.com or just leaving them a message on the website on the “Contact Us” page.

Pros

  • Fast execution of trades
  • Simple trading platform
  • High Returns on Investment
  • Good Trading Simulator

 

Cons

  • Limited Banking Options
  • Lack of educational materials

 

Conclusion

In conclusion, XP Markets.com trading platform can still benefit with some minor adjustments to their trading platform. Although their strong point is the simplicity of their trading platform, the educational section can still do with some more materials to educate beginners on the risks that they can face trading binary options. Apart from the Spartan educational section, there are no major deficiencies in XP Markets.com trading platform.

XP Markets User Reviews


Like Their Trading Simulator

The trading simulator helped a lot in understanding how to trade on XP Markets.

Pros:Good Educational tool provided

Cons: Can’t say yet as I am still checking them out

Ease of Access
 
5
Platform Performance
 
5
Reliability
 
5
Customer Support
 
5
Payouts Percentage
 
5
5
 

Simple to Use Trading Platform

The trading platform is one of the easiest to use. In addition, trade orders are executed almost immediately.

Pros:Fast and user friendly trading platform

Cons: They don’t seem to have a big knowledge base.

Ease of Access
 
5
Platform Performance
 
5
Reliability
 
4
Customer Support
 
4
Payouts Percentage
 
5
4.6
 

Great For Beginner’s Tryout. Need Only $5 to Open a Trade

The low minimum transaction amount helps a lot for beginners like me as it helps to reduce my capital outlay.

Pros:Beginner friendly trading platform

Cons: I noticed that they don’t provide telephone support unlike most other brokers

Ease of Access
 
5
Platform Performance
 
5
Reliability
 
5
Customer Support
 
3
Payouts Percentage
 
5
4.6
 

High Welcome Bonus

They gave me a bonus of 100% of what I first deposited!.

Pros:Good for beginners and high welcome bonus

Cons: Limited ways to fund my trading account except with my credit card

Ease of Access
 
5
Platform Performance
 
5
Reliability
 
5
Customer Support
 
4
Payouts Percentage
 
4
4.6
 

Wide Range of Assets to Trade With

Their asset list is quite commendable, over 90+ assets!.

Pros:Good choices of assets to deal with

Cons: They don’t provide a telephone number to call for customer support

Ease of Access
 
5
Platform Performance
 
5
Reliability
 
5
Customer Support
 
3
Payouts Percentage
 
5
4.6
 
See all 9 user reviews

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