Regulation: Cysec Accepts US Clients: No Min. Deposit: $100 Leverage: 1:400 Platforms: Webtrader, XFX, MetaTrader4  Overall Rating: 3.1 / 5   (Based on 13 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
 

Just Started Trading

Hi, I just started trading CFDs with XForex online. They provided me with a great bonus for signing up. After I signed up I immediately had access to their learning center where I could learn at my own pace how things worked, I also received a call from one of their representatives who discussed with me how the trading platform works, which was easy and they encouraged me to contact them again if I had any questions. So far the spreads seem tight and reliable and although I do take their advice, I also listen to my own instincts and trade based on my gut feeling. So far everything has worked out alright, and I have no complaints.



Pros:They offered a $5,000 Practice account

Cons: seems like every other online trading country.

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

xForex

I joined xForex in 2004 with a small account and grew it into a very large sum. I love trading and found the right place for me. Thanks and good luck to all.



Pros:Advanced Charts for Analysis Strong platform for long term users Advanced platform for those ready for it

Cons: No trailing stops No CFDs

Ease of Access
 
4
Platform Performance
 
5
Reliability
 
3
Customer Support
 
5
Payouts Percentage
 
4
4.2
 
See all 13 user reviews

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