Regulation: Cysec Accepts US Clients: No Min. Deposit: $100 Leverage: 1:400 Platforms: Webtrader, XFX, MetaTrader4  Overall Rating: 3.1 / 5   (Based on 17 User Reviews)
 

Xforex Overview

 

Company Information

Broker's Name XForex.com -XFR Financial Ltd
Website http://www.xforex.com/
Headquartered in Cyprus
Founded in 2003
Regulating Authority Cysec
US Clients Accepted No
Telephone Number 44 2030516305
Fax Number 44 203 051 6306
E-mail Address affiliates@xforex.com

Account Options

Type of Broker No dealing desk
Commission -
Mini Account Yes
VIP Account Yes
Segregated Account -
Islamic Account (Swap Free) Yes
Demo Account Yes
Institutional Accounts No
Managed Accounts No
Maximum Leverage 1:400
Minimum Deposit $100
Deposit Options Credit Cards, Bank Wire
Withdrawal Options Credit Cards, Bank Wire

More Instruments

Metals Yes
Oil Yes
Gold Yes
Indices Yes
Stocks No
Commodities Yes
ETFs No
CFDs Yes

Trading Platform

Platform Type Webtrader, XFX, MetaTrader4
Platform Languages Multilingual
OS Compatibility Microsoft Windows, Web
Streaming News Feed Yes
Charting Package No
Trading Signals Yes
Automated Trading Yes
Trade From Charts No
Market Commentary Yes
E-mail Alerts Yes
Mobile Alerts Yes
Scalping Yes
Hedging Yes
Trailing Stops Yes
Guaranteed Stop Loss Yes
Guaranteed Limit Orders Yes
Guaranteed Fills Yes
Interest on Margin -
One-Click Execution Yes
OCO Orders Yes
Mobile Trading No
Web-Based Trading Yes

Customer Service

Customer Support Languages Multi-Lingual
Customer Service Hours 24h/24 5days
Place Trades Over the Phone? Yes

Bonuses & Rewards

No Deposit Bonus Yes
Bonus for First Deposit Yes
Is the Bonus Based on the Volume of the Transaction? Yes
Other Bonuses Yes
 

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Xforex Video Review

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Xforex User Reviews


Seasoned Trader

One of the features that I prefer when it comes to trading online is the ability to be flexible and to be able to trade while I am on the go. XForex provides a mobile app that has allowed me to view my open positions and to open new positions while I am away from my home computer. This is important for me since the markets can change within minutes. Also within a few hours of signing up, I received a phone call from my assigned trading experts, who gave good advice, but I really didn’t need it because I am a seasoned trader. There security appears to be secure, since they asked me for more than one ID, which is fine. I rather be safe than sorry. The customer service was polite. I will continue to use XForex until I find something better.



Pros:Mobile App, Tight Spreads, Bonuses, Easy Trading Platform

Cons: none that I can think of right now.

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

Great Trading Platform

They have tight spread with 200:1 leverage. They offered different leverage depending on what you wanted to trade. I had seen XForex before but didn’t really consider them until now. They offer a variety of financial instruments to trade. They now have CFDs, which is good and easy to trade without hassle. The Platform was easy to use and it is accessible via my android, which means that I can trade while on the go. When I first signed up, the customer service representative called me within a few hours of my sign up to discuss how to use the platform and they offered tips on what to trade, which was nice. It was nice to talk with a live person over the phone. I will continue to use XForex because I have a great first experience with them.



Pros:No Commisions, Tight Spreads, Great Leverage, CFD trading, Mobile App

Cons: Does not accept PayPal

Ease of Access
 
5
Platform Performance
 
5
Reliability
 
4
Customer Support
 
5
Payouts Percentage
 
5
4.8
 

Trading with XForex

I started trading with XForex about a year ago. I have noticed a change in their platform and the different financial markets that they now offer. Before they used to just trade Forex, but now they offer CFDs and it’s now easy to just trade on the go whenever I want. They offer leveraged trades up to 1:400 depending on which instrument you trade. After being with them for about a year, I can see that they will go above and beyond to assist me with any issue that I might have. Their client services is welcoming and friendly. I still receives calls from time to time from one of their financial advisers who provide me with current market information and offers me suggestions. Now that is quality customer service.



Pros:Mobile Trading, Trading with Leverage, CFDs, Friendly Client Services, Easy Trading Platform

Cons: Can't deposit via certain financial institutions, no PayPal

Ease of Access
 
5
Platform Performance
 
5
Reliability
 
4
Customer Support
 
5
Payouts Percentage
 
5
4.8
 
See all 17 user reviews

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