XForex Review
XForex – Background
XForex is a relatively well known Forex Broker, located in the
British Virgin Islands. XForex was launched by a team of Forex
professionals 5 years ago, who have a long running history in the
Forex market, therefore understanding both the Forex side and the
client side of trading.
Trading with XForex. The Advantages
Trading with XForex offers clients multiple and advantageous
benefits. Beginning with their user-friendly platform, XForex turns
their net based platform into a simple and effective location for
placing trades. XForex offers a rare feature that many other
brokers oversee: all your trading activity occurs on one page. This
gives the client the upper hand, meaning he does not leave the main
page for any purpose – therefore his attention is solely focused on
his trades. With 3 trading zones, limit order capability and real
time rates viewing, XForex delivers exactly what an advanced trader
or even a novice trader needs. The XForex trading platform is
simple yet stylish, modern and reliable.
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Funding Options
XForex offers leverage of 200:1, with a minimum deposit requirement
as low as $100. Their leverage indicates a sense of understanding
market risks, as the higher the leverage, the more at risk your
account is. The payment process is immediate as XForex works with
the major credit card companies, accepting Visa, MasterCard and
Diners. Also, they are extremely efficient with Bank transfers and
Western Union. XForex bonus offerings are a tad higher than other
Forex Brokers offer (they are offering up to 30%), allowing you to
obtain a suitable bonus without feeling left behind. The withdrawal
process is quick and effective, complying with regulation laws,
offering a smooth withdrawal process.
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Customer Support
Surprisingly, XForex delivers exactly what they promise – around
the clock customer support. Their representatives are trained
professionals, going through an extensive training course – thus
guaranteeing a superb level of proficiency and discipline. Another
plus is that their team of professionals speak a wide variety of
languages. Clients can contact them regarding any sort of subject:
Deposits, withdrawals, market events, questions relating to their
account and so on.
Safe and Secure
XForex is a safe and reliable Forex Broker. They maintain a high
level of security, guaranteeing the trader a secure trading
environment. They follow up on documentation and are in constant
contact with Banks around the globe, ensuring a protective bubble
around the flow of client funds.
Additional Info:
Not to be left behind, XForex offers a free package of webinars and
workshops. These webinars cover all the important subjects of Forex
(such as Technical Analysis, Non Farm Payrolls and so on).
Participation is free of charge to not registered clients as well
as existing clients. Also another factor with XForex is their
Online Educational Course. This course is written by professionals
and includes videos on how to trade, how to read graphs and charts
and what to do during market volatility. The added plus with a
tutorial like this one is that you can view it retroactively,
allowing you to continue learning the ropes of the Forex
Market.
Conclusion:
XForex is a superb Forex broker which offers a wide range of
benefits and opportunities for all traders. They have custom
tailored themselves to suit all their clients, allowing each and
every client to reach their maximum potential. They are confident
and have established a well known name for themselves, constantly
looking to improve their service and monitoring developments in the
technological field. They offer attractive features and
opportunities, while at the same time allowing the client to
prosper on his own.
Broker Facts
Company name: XForex
Country: British Virgin Islands
Year established: 2003
Regulation: None
Dealing desk: Available
Trading platform: Net based
MetaTrader4: Not available
Mobile trading: None
Pairs offered: Majors, crosses, metals
Type of spread: Fixed
Spread EUR/USD: 3
Mini account size: $100
Standard account size: $1,000
Smallest lot size: 5,000
Swap free accounts: None
Swap rates: None
Funding methods: Credit card, bank transfer, western
union
Support languages: Multiple