Xforex Review 2018

OPEN ACCOUNTYour capital is at risk

Xforex Review

XForex Video Review

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.

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.

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.

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.

Xforex Overview

Company Information

Broker DetailsInfo
Regulated byCySEC
Headquarters CountryCyprus
Foundation Year2003

Deposit Options

Credit Card, Wire Transfer

Withdrawal Options

Credit Card, Wire Transfer

Contact Information

Trading Account Options

Account TypeInfo
Min. Deposit$100
Max. Leverage1:400
Mini AccountYes
Demo AccountYes
Segregated AccountNo
Islamic AccountYes
Managed AccountNo

Xforex Trading Features

Suitable For

Trader LevelYes/No
BeginnersYes
ScalpingYes

Customer Service

TimeYes/No
24 Hours SupportYes
Support During WeekendsNo

Customer Support Languages

Multi-lingual

Trading Services

ServiceInfo
Supported Trading PlatformsMT4
SignalYes
Email AlertsYes
Guaranteed Stop LossYes
Guaranteed Limit OrdersYes
Guaranteed Fills/LiquidityYes
OCO OrdersYes
Trailing SP/TPYes
Automated TradingYes

Supported Instruments

Instrument TypeYes/No
CurrenciesYes
CommoditiesYes
CFDsYes
IndicesYes
ETFsNo
StocksNo

Xforex User Reviews

Rate this broker
  • 4.0
    благодарность

    спасибо этой платформе.она доступна всем и особо хотел поблагодарить акаунт менеджера Izabel Amaka за Её понимание и способноть придти на помощь

    ALEXEY
  • 2.0
    Very Disappointed

    Hi, Everyone, got a really bad experience with X Forex, had a really pushy senior account manager constantly asking me to trade with the DAX, and asking me to trade in 50 to 100 contracts. I have been led to a false sense of security by being allowed to making $8500 in one afternoon with direct supervision, and at some point I had nearly $28,000 in the account, and the with the help of the same person managed to lose all of it a few days later. She refused to let me trade with small amounts which when you have a good equity is quite a safe position to be in. I am very disappointed because it's something that has the potential to work but I got the feeling that XForex try very hard to help you lose that money again. There are also a number of system glitches I have encountered when trying to close a trade that was making good money.

    Siegfried Proslmeyr
  • 5.0
    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.

    Dan
  • 5.0
    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.

    Marcus
  • 1.0
    Horrible experience

    I will definitely go to another broker. It was like pulling teeth trying to just get started with Xforex. They kept saying my ID wasn't acceptable and I work for a bank where I scrutinize ids for a living! The 'advisers' do not have good people skills at all and the 'support' is even worse. The site was easy enough to use, everything else was horrible.

    Me C
Read More Xforex User Reviews

Favorites

SymbolLast PriceChange
EURUSD
EUR/USD
1.1650
+0.0044
+0.38%
GBPUSD
GBP/USD
1.3253
+0.0008
+0.06%
XAUUSD
Gold
1269.0
+1.9200
+0.15%
CL
Crude Oil
68.535
+2.7150
+4.12%
SPX
S&P 500
2764.5
+12.000
+0.44%
DAX
DAX 30
12575.2
+77.250
+0.62%
Live Quotes

Top Promotions

Top Brokers

Don't miss a thing!

Discover what's moving the markets sign up for a daily update delivered to your inbox