XForex Reviews and User Ratings

Add to compare
  • Overview
  • Information
  • Video
  • Specification
  • Review score

XForex Special Bonus


Special Deposit Bonus

Receive bonus up to $5000 on first deposit!

back to menu ↑

XForex General Information


Broker Name
XForex
Established
2003
Country
Cyprus
Min Deposit
$100
Max Leverage
1:400
Regulation
ASIC, CySEC, EU
Email
info@xforex.com
Telephone
44 2030516305
Fax
44 203 051 6306
Website Language
English, Russian, Spanish, Arabic, German, Italian, Japanese, Swedish, Turkish
Support Methods
Email
Telephone
Live Chat
Skype
24/7 Support
Deposit Options
Credit Cards, Debit Cards, Wire Transfer, Qiwi, WebMoney, Skrill, CashU, China Union Pay, Maestro
Withdraw Options
Credit Cards, Debit Cards, Wire Transfer, Qiwi, WebMoney, Skrill, CashU, China Union Pay, Maestro

back to menu ↑

Description


XForex Background

XForex is a retail broker that opened in Cyprus in 2003. The broker is regulated by EU regulations and capitalized by Saxo Bank, Deutsche Bank, and Canadian Imperial Bank of Commerce. The website doesn’t offer insight on the company, but new client can contact them via chat, email, or phone if they want background information. The company appears to be a good one with decent service and a solid platform.  Registration is quick and easy, and the broker offers bonuses for new accounts. They offer trading 21 different currency pairs and 2 metals on their web-based platform. They also offer competitive fixed spreads with no deposit, withdrawal or trading fees.

Features of XForex

XForex uses a web-based proprietary trading platform that is user-friendly. It includes basic necessities like market, limit, stop orders and trailing stops as well as some unusual features like the “Top traders” link where you can see the top 10 traders’ current trades. A personal trading expert is available to give new traders information about trading in the forex market. XForex provides some of the best educational offerings in the industry, including trading webinars, coaching sessions, educational videos and daily market commentaries. All of these services are proprietary.

Conclusion

All in all, XForex is a basic and straightforward forex trader with no frills. It’s a solid choice for Forex traders regardless of their level of experience.

back to menu ↑

Features and Trading Instruments


Features
Hedging
Scalping
Margin Interest Rate
Trailing Stop
Web Based Trading
Pending Orders
One Click Execution
Mobile Trading
US Traders
Automated Trading
Islamic Account
Swaps
Segregated account
Affiliate Program
Trading Contest
PAMM
Trading Instruments
Oil
Gold
Metal
Indices
ETFs
CFDs
Stocks
Commodities
back to menu ↑

Pros and Cons


PROS:
  • XForex’s personal trading experts are a nice touch that shows their dedication to customer service. They’re quick about phone calls and service representatives are very knowledgeable.
  • The company has a live chat function that lets traders contact them 24 hours a day.
  • XForex offers fixed spreads, multiple currency pairs for trading, and easy deposit methods.
  • Getting started is easy and their unique support options definitely make them top-notch when it comes to service.
CONS:
  • The one big detractor from XForex is they do not accept United State client.
back to menu ↑

Account Type


  • Minimum Account Size: $100
  • Spread: High/ Fixed
  • Trading Instruments: Forex, Gold & Silver, CFDs, Indices, Metals, Commodities
  • Trading Platforms: MT4, XFX, Web Trader, Iphone & Ipad App, Android App

  • Minimum Account Size: $2000
  • Spread: High/ Fixed
  • Trading Instruments: Forex, Gold & Silver, CFDs, Indices, Metals, Commodities
  • Trading Platforms: MT4, XFX, Web Trader, Iphone & Ipad App, Android App

back to menu ↑

XForex Review Score


XForex Reviews and User Ratings
7.5 Total Score
5 reviews
Add your review
Web Design
8.2
Reliability
7.6
Platform
8.0
Customer Support
7.6
Withdrawal
6.4
Broker Name
XForex
Established
2003
Country
Cyprus
Min Deposit
$100
Max Leverage
1:400
Regulation
ASIC, CySEC, EU
Email
info@xforex.com
Telephone
44 2030516305
Fax
44 203 051 6306
Website Language
English, Russian, Spanish, Arabic, German, Italian, Japanese, Swedish, Turkish
Support Methods
Email
Telephone
Live Chat
Skype
24/7 Support
Deposit Options
Credit Cards, Debit Cards, Wire Transfer, Qiwi, WebMoney, Skrill, CashU, China Union Pay, Maestro
Withdraw Options
Credit Cards, Debit Cards, Wire Transfer, Qiwi, WebMoney, Skrill, CashU, China Union Pay, Maestro
Features
Hedging
Scalping
Margin Interest Rate
Trailing Stop
Web Based Trading
Pending Orders
One Click Execution
Mobile Trading
US Traders
Automated Trading
Islamic Account
Swaps
Segregated account
Affiliate Program
Trading Contest
PAMM
Trading Instruments
Oil
Gold
Metal
Indices
ETFs
CFDs
Stocks
Commodities
XForex Reviews and User Ratings
7.5 Total Score
5 reviews
Add your review
Web Design
8.2
Reliability
7.6
Platform
8.0
Customer Support
7.6
Withdrawal
6.4

Subscribe to Receive Notifications

Get Notified With Good Content and Promotion

5 Comments
Show all Most Helpful Highest Rating Lowest Rating Add your review
  1. Reply
    ZippoHippo39
    March 10, 2016 at 3:55 pm
    2.5
    Web Design
    60
    Reliability
    30
    Platform
    60
    Customer Support
    40
    Withdrawal
    60

    I actually loved XForex for a time especially because my account manager was so awesome. He was able to help me out and I nearly doubled the money in my account having almost $40000. Sadly, instead of allowing me to withdraw the money or at least make small trades, instead the minx led me into trades that made me lose all of it. I still loathe the witch to this day ughhh.

    Helpful(0) Unhelpful(0)You have already voted this
  2. Reply
    Noel Diaz
    February 12, 2016 at 1:50 pm
    5
    Web Design
    100
    Reliability
    100
    Platform
    100
    Customer Support
    100
    Withdrawal
    100

    I’m a Travel Nurse by profession and as the name implies I do a lot of traveling which makes me miss out on a lot of deals in forex trading. That was before I found X Forex, their web trader allowed me to trade anywhere with an internet connection. I was able to continue earning money on the side along with my job thanks to their awesome features. X Forex rules!

    Helpful(0) Unhelpful(0)You have already voted this
  3. Reply
    Mrs.PacMan
    May 21, 2015 at 4:20 pm
    3.6
    Web Design
    80
    Reliability
    70
    Platform
    60
    Customer Support
    70
    Withdrawal
    80

    I’ve actually been trading with XForex for a while now and so far my experience with them has been pretty good. I like how they offer different leverage depending on what you want to trade and the tight spreads with 200:1 leverage. The only thing I’m a little concerned about is that XForex is limited to Forex and Gold/Silver Market. If only they expanded onto other markets, XForex would have been a one stop shop for me.

    Helpful(0) Unhelpful(0)You have already voted this
  4. Reply
    Bradley Wang
    April 11, 2015 at 12:51 pm
    3.9
    Web Design
    90
    Reliability
    100
    Platform
    100
    Customer Support
    100
    Withdrawal
    0

    I just had to commend how considerate X Forex is especially to those who want to try out Forex trading but really don’t have the means for it. I was among those guys before; I started out with the X Forex Web Trader account for a measly $100. Eventually, I learned the ropes of trading and decided to further invest into the endeavour. Now I’m trading with the big boys with a MetaTrader account.

    Helpful(0) Unhelpful(0)You have already voted this
  5. Reply
    Jude Sia
    October 7, 2014 at 4:19 pm
    3.9
    Web Design
    80
    Reliability
    80
    Platform
    80
    Customer Support
    70
    Withdrawal
    80

    For me XForex doesn’t really stand out from the pack, I’ve been searching for the right broker for some time and eventually settled for XForex. I believe their services are good and reliable; it’s just that XForex is not something you would consider as excellent. I’ve been to other brokers and I find XForex to be somewhat in the middle. Not really bad and not really good either.

    Helpful(0) Unhelpful(0)You have already voted this

Leave a reply

Your total score

Login/Register access is temporary disabled
Compare items
  • Forex Broker (0)
  • Binary Options (0)
Compare
0