XTraderFX Review

Regulated by: None

Headquarters: United Kingdom

Ranking: 35

Spread: Unkown

Leverage: Unkown

Minimum Deposit: Unkown

XTraderFX Review & Author's Comment

XtraderFX is an unregulated broker with a focus on crypto currency trading. The website claims that the Broker is owned by GPay in the U.K. but lacks a lot of important information such as XtraderFX spreads, XTraderFX account types, XTraderFX leverage.

XTraderFX performs poor on reliability department because it is an unregulated broker and FCA issued a warning against XTraderFX saying that the Broker is offering its services, illicitly, to customers within the UK.

Since XTraderFX offers trading services in only cryptocurrencies, traders cannot invest in forex pairs, commodities, Gold, Oil, company shares and stock indices. I should say that XTraderFX is not very generous in terms of available trading instruments. The Broker only offers three cryptocurrencies at the moment; Bitcoin, Litecoin, Ethereum.

Is XTraderFX reliable? No. Does XTraderFX offer favorable trading conditions? No. Does XTraderFX offer low spreads? We don’t know because there is no information on the web site.

There are lots of unknowns and question marks about XTraderFX. Therefore, I would not personally open an account and trade with this broker, neither I would recommend my followers to do so. Instead of XTraderFX, you should try the brokers at the top of my list.


Broker Detail
Adress: 18 Stoke Road, Slough, United Kingdom, SL2 5AG
Phone: +44 203 695 3585
Web: www.xtraderfx.com
E-Mail: support@xtraderfx.com
Regulator: None
Year Founded: 2018
Instruments
Forex:
Precious Metals:
Energy:
Soft Commodities:
Indices:
CFDs:
Stocks:
ETFs:
Bonds:
Options:
Cryptocurrencies: Bitcoin, Ethereum, Litecoin
Account Options
ECN Account:
Swap-Free Account:
Nano Account:
MAM / PAMM Account:
Demo Account:
Funding Methods: Wire Transfer, Credit Card, Cryptocurrencies
Withdrawal Methods: Wire Transfer, Credit Card, Cryptocurrencies
Customer Services
Live Chat:
24 Hours Support:
Languages: English, German, Spanish
Platforms
Supported Platforms: XTraderFX Platform
Webtrader:
Mobile: IOS, Android
Trading
Leverage: Unknown
Spreads: Unknown
Minimum Deposit: Unknown
Fixed Spreads:
Automated Trading:
Hedging:
API Trading:
Negative Balance Protection:
Accepts Clients from the US:
Bonus:

XTraderFX Review

XtraderFX Review
  • 4.1/10
    Deposit & Withdrawal - 4.1/10
  • 2.5/10
    Bonus - 2.5/10
  • 3/10
    Customer Support - 3/10
  • 2.5/10
    Overall Trading Conditions - 2.5/10
3/10

Summary

Headquarters in the UK but no FCA regulation. Warning from FCA. Very low reliability. Cryptocurrency focus but only three types of cryptocurrencies to invest.