Xforex Review

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Xforex
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Overview

Xforex is one of the largest forex retails brokers in the forex field, founded in 2003 in Cyprus in 2003 and now the broker operates und the license of O.C.M. Markets Online. The broker offers excellent service, a good platform, and

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Details

Broker Xforex
Website URL www.xforex.com
Founded 2003
Headquarters Cyprus
Support Number 44 2030516305
Support Types affiliates@xforex.com
Languages Multi-Lingual
Trading Platform Webtrader, XFX, MetaTrader4
Minimum 1st Deposit $100
Minimum Trade Amount 0.01 lots
Bonus Get a bonus up to $2500 on your first deposit
Leverage 1:100
Free Demo Account Yes
Regulated Yes
Regulation Cysec
Deposit Methods Credit Cards, Bank Wire
Withdrawal Methods Credit Cards, Bank Wire
US Traders Allowed No
Overall Score 3.2

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Full Review

Xforex is one of the largest forex retails brokers in the forex field, founded in 2003 in Cyprus in 2003 and now the broker operates und the license of O.C.M. Markets Online. The broker offers excellent service, a good platform, and some extra client perks that go above and beyond other brokers. Xforex is regulated by EU regulations and has liquidity by Saxo Bank, Deutsche Bank, and Canadian Imperial Bank of Commerce.

 

With Xforex traders can choose between three types of account – The Mini requires a minimum deposit of $100 and offers a 10% bonus for the first deposit. Standard accounts require a $1000 minimum deposit and provide a 30% bonus on the initial deposit, while V.I.P. accounts can be customized to meet advanced trading needs and require a $10,000 minimum deposit, with a 30% bonus added to the first deposit.

 

With Xforex traders can trader wide range of financial instruments including more than 20 currency pairs, CFD and precious metals. Xforex’s spreads are tight and can vary depending on currency pair between 3 to 30 pips.

 

Traders can pick up MetaTrader 4 or 5 as their main trading platform or can choose Xforex platform. One unique feature of the XForex platform is the ability to track the current activities of the top ten traders; this can prove invaluable for inexperienced traders, who can learn from observing the experts in action.

 

The forex broker offers daily market and forex news updates, analysis, economic and market calendar and etc.

 

Customer Servise

Xforex’s customer service and customers support teams are very polite and professional. Traders can contact them via email, live chat or phone calls.

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