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 Review

 

XForex Video Review:

Visit  XForex Official Website

 

Impression

XForex.com is a Forex dealer that offers advanced trading conditions in a fair and transparent environment. The broker is registered in many different countries around the world, and as such is seen as fair and trusted broker.

Platform

XForex.com has its own proprietary trading platform that is web based. This is handy because it allows the account holder to trade from anywhere that has an open Internet connection. The dealer also offers the ability to trade with the MetaTrader 4 platform as well.

Customer Service

XForex.com offers call back, email, live chat, and direct phone support to all of its customers in a variety of languages.

Visit  XForex Official Website

 

Reliability

XForex.com has built a long-running track record for reliability and trustworthiness as it executes thousands of trades every week, and from all corners of the globe.

Commissions and Spreads

XForex.com offers fixed spreads and charges no commissions. Because of this, you can know your trading costs on each transaction ahead of time. This also allows for effective news trading if that is a strategy that you use.

Promotions

At the time of writing, XForex.com wasn’t offering any kind of promotion for opening an account. From the historical research, it appears this broker rarely, if ever, offers promotional incentives.

Conclusion

XForex.com is a solid broker. The ability to trade so many currency pairs with a tight fixed spread makes this broker an attractive choice for traders who need stable trading environments. Also, the ability to trade spot metals is also a big advantage as the gold and silver markets have become quite attractive over the last several years.

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.

Ready to start trading with XForex? Get your up to a 25% for first deposit bonus Here!

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
 

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 17 user reviews

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