XForex is an online brokerage firm that specializes in providing financial trading services for forex traders, individuals and investors. This broker was established in the year 2003 in Cyprus and since then, the company has relentlessly provided an effective trading environment for the trade of financial instruments like cryptocurrencies, currencies, forex, precious metals, stocks, indices, and CFDs. The brokerage company offers a wide range of trading platforms which have the capacity to execute traders within seconds, offers its clients with a 24 hours customers service care where forex trading answers are provided, and easy deposit and withdrawal options as payment methods. XForex broker is a reliable and transparent broker who provides security of funds and clients personal data/information by encryption.
FEATURES OF XFOREX FOREX BROKER
FOREX TRADING PLATFORMS
Being an online provider of forex trading services, Xforex makes available effective forex trading platforms for its clients.
These platforms are designed and engineered to carry out trades adequately on a one-click basics thereby enabling fast trade executions. Their operation techniques do not require any form of programming skills hence, they are 100 percent user friendly and beginner-friendly. These trading platforms can be assessed anywhere and at any time with any type of device be it a computer or an android phone. This feature gives forex traders the ability to trade forex on the go and take advantage of every trading opportunities that come their way. These trading platforms include XForex Webtrader, XForex Mobile Trading App, and XForex Tablet Trading App and they have the underlying features.
- Engineered to trade more than thirty trading instruments.
- Provides forex traders with a one-click trade execution.
- Includes adequate risk management tools like market, limit, stop and trailing stop orders.
- Offers forex traders the ability to trade from anywhere and at any time.
- Designed to provide forex traders with a total control over their individual trading accounts.
- Includes effective technical indicators.
- Performs forex market analysis.
- Makes available real-time trading quotes to forex traders.
- Performs One-click trade execution.
- Availability of advanced charting tools.
- Gives traders the ability to effectively monitor trading account details like open positions and pending orders.
FOREX TRADING ACCOUNTS
There is a wide a range of forex trading account offered by XForex broker to its traders. These trading accounts are designed to provide everything a trader needs in other to experience a comfortable trading. These trading accounts are equipped with cutting-edge technology that provides effective trading services to traders. With an XForex trader account, traders can easily have access to available platforms, forex trading educational materials, real-time forex trading analysis, quotes, and price action charts. However, the selection of a particular trading account is based on a trader's need, choice and strategy being used.
Examples of these forex trading accounts include.
- Standard Trading Account which is characterized by
- A minimum forex account size of two hundred dollars.
- Includes high and fixed spread.
- Availability of forex, Gold, Silver, CFDs, indices, Oil, precious metals, and commodities as financial trading instruments.
- Provides MetaTrader 4, XFX, WebTrader, iPhone/iPad App, and Android App as trading forex platforms.
- Offers a commission-free deposit.
- Provides demo account for clients.
- Premium Trading Account which is characterized by
- A minimum forex account size of one thousand dollars.
- Includes high and fixed spread.
- Availability of forex, Gold, Silver, CFDs, indices, Oil, precious metals, and commodities as financial trading instruments.
- Provides MetaTrader 4, XFX, WebTrader, iPhone/iPad App, and Android App as trading forex platforms.
- Offers a commission-free deposit.
- Provides demo account for clients.
- Platinum Trading Account which is characterized by
- A minimum forex account size of five thousand dollars.
- Includes high and fixed spread.
- Availability of forex, Gold, Silver, CFDs, indices, Oil, precious metals, and commodities as financial trading instruments.
- Provides MetaTrader 4, XFX, WebTrader, iPhone/iPad App, and Android App as trading forex platforms.
- Offers a commission-free deposit.
- Provides demo account for clients.
- VIP Trading Account which is characterized by
- A minimum forex account size of twenty-five thousand dollars.
- Includes high and fixed spread.
- Availability of forex, Gold, Silver, CFDs, indices, Oil, precious metals, and commodities as financial trading instruments.
- Provides MetaTrader 4, XFX, WebTrader, iPhone/iPad App, and Android App as trading forex platforms.
- Offers a commission-free deposit.
- Provides demo account for clients.
REGULATION
XForex is regulated by ASIC (Australian Securities and Investment Commission), CySEC (Cyprus Securities and Exchange Commission), EU, and IFSC (International Financial Service Commission).
These regulatory authorities make sure that every trading is perfectly secured and fraudulent free.
They protect the interest of forex traders, secure their money, protect the forex/financial market as a whole and provides security to XForex clients.
In conclusion, aside from the features mentioned above forex traders who subscribe to XForex are provided effective forex trading demo accounts where skills can be gained.
The broker also provides easy deposit and withdrawal options, bonuses and discounts and educational materials for beginners.