XForex Review

Sign up to XForex.com now from a Minimum Deposit of $100 and Receive up to $2,500 in New Account Bonuses!

XForex Review

XForex provides a unique entry point for beginners and veterans alike to trade gold, silver and currencies on one easy to use platform. They were founded eight years ago in Cyprus, and recently they have expanded their operations to Canada as well. They are fully authorized and regulated by the Cyprus Securities & Exchange Commission (CySEC) and fully compliant with the Markets in Financial Instruments Directive (MiFID) as well. Unfortunately, U.S. based traders are not allowed to trade with them at this time.

Range of Markets Offered By XForex

XForex are primarily a Forex broker, but they offer the option for you to do your gold and silver trading through them as well. In terms of currencies, they offer all the Forex majors, including the EUR/USD, USD/JPY, GBP/USD and AUD/USD, just to name a few. They also offer a wide range of minor pairs and crosses.

Spreads and Margins Offered for Different Accounts

With XForex, you can enjoy leverage of up to 400:1 on your trading account. With their guaranteed stop loss system, you can be sure that you will never put up more margin that you have to, and you certainly won’t ever run the risk of your positions gapping past your stop loss. You will be able to access some of the tightest spreads offered by any broker with XForex, with a 3-5 pip spread on the EUR/USD, 3-5 pip spread on the USD/JPY, 4-5 pip spread on the GBP/USD and 6 pip spread on the AUD/USD, just to name a few.

Special Offers or Bonuses for New Traders

XForex are extremely generous with their special offers and bonuses for new traders, with not one but four different types of bonuses available for you to choose from. Most other Forex brokers will only reward traders who make big deposits, but XForex has a bonus for any level of trader, no matter what your deposit size is.

With their Extra Ten Bonus, you will receive an additional 10% bonus on top of your deposits from $100 to $499. For deposits from $500 and above, you will qualify for the Full Advantage Bonus receive a 15% bonus on top of your deposit. For deposits of $5,000 and more, you will qualify to receive a Forex Classic Bonus of $1,000. Finally, if you make a deposit of $10,000 or more, you will receive a Pro Bonus of $2,500.

Of course, you will have to trade a certain fixed amount before you can withdraw this bonus, and this amount varies depending on the bonus and the existing ongoing promotions when you sign up.

Sign up to XForex.com now from a Minimum Deposit of $100 and Receive up to $2,500 in New Account Bonuses!

Features of the Online Trading Platform & Mobile Trading

The XForex trading platform is entirely web based, meaning that you won’t have to download any additional software or plugins to run it anywhere you have access to a web browser and internet connection. You can literally open and manage your positions from home and work. Unfortunately, XForex doesn’t support mobile trading at this time though, so the web interface is your only option.

Trading Tools & Education Resources

XForex is provides top notch trading tools and Forex education, featuring quality strategy reports for both position and intraday traders. They also have an up to the minute market news stream available at your disposal, so you can keep abreast of every release that has the potential to move the market. In addition to these tools, you’ll also be able to tap into a comprehensive set of Forex video tutorials designed to guide you through from beginner to advanced Forex trading topics.

XForex Minimum Deposit Requirements

XForex offers three different options for new traders, including the mini account with a minimum deposit requirement of just $100, the standard account with a $1,000 minimum deposit requirement and $10,000 minimum VIP accounts for professional traders. I highly recommend XForex to anyone outside of the U.S. who wants to open up a broker account, so if you like what they have to offer, why not sign up and take advantage of their new trader bonuses today?