XForex

Editorial Rating:
3.03
Accept US Traders:
No

XForex.com

Intimacy is often the best policy when it comes to creating something and that’s the stance those involved in the design of XForex took before launching their product in 2003. Hailing from trading background, the figures behind this online FX broker knew that efficiency and ease-of-access were two components of a successful platform.

With this in mind XForex has been engineered to work in 38 languages and offer accounts that can be based in Canadian Dollars, Euros, Japanese Yen, US Dollars and Swiss Francs. This diversity and flexibility is something that not only makes it easier for this broker’s international customers to access the FX market, but reduces their costs.

Multiple base currencies makes it less likely a trader will be subject to exchange rate charges when converting from their own currency to one accepted by the broker their investing with. While XForex has been able to cover every country it has managed to incorporate many of the world’s strongest currencies into its platform.

Putting all this together has allowed XForex to create a site that’s at once user-friendly and profitable.

XForex.com’s Special FX:

Because XForex.com’s executives realise that their clients’ fortunes are directly linked to their own they have done everything possible to make their brokerage a productive learning environment. Through a range of in-depth resources XForex has managed to provide a selection of learning material that will help beginners and professionals.

For those who are just making their way into the world of foreign exchange trading, XForex.com’s personal one-to-one classes are a great way to get a head start on the competition. Covering a range of topics at the user’s request, these foundation modules serve as a handy lead-in to the Elite “Pro Trader” Guide.

This library of articles covers all aspects of the industry from beginner trading strategies to advanced market analysis. To complement these lessons a user can also watch 14 hours’ worth of training videos designed to augment the information presented in the Pro Trader Guide.

Understanding the nuances of the currency exchange market can be tricky for novices, but thanks to XForex.com’s comprehensive training system the road to profitable trading is a lot easier to navigate.

The Essentials:

Access to the foreign exchange is provided by MetaTrader 4 and in conjunction with this XForex has created two account options:

Standard:
Minimum account size = $100
Minimum position size = 0.05 lot
Fixed spreads from 4 pips on major currency pairs.
Leverage = 1:400
Digits quoted after the comma = 4
Number of currency pairs available = 32

Premium:
Minimum account size = $2,000
Minimum position size = 0.05 lot
Fixed spreads from 3 pips on major currency pairs.
Leverage = 1:400
Digits quoted after the comma = 4
Number of currency pairs available = 32

*In addition to the above conditions all XForex members will be able to benefit from the following account features: Trailing stops, pending orders, one-click trading as well as mobile and automated trading.

Risk Disclosure: fxBrokerSearch.com will not be held liable for any financial loss or damage caused by users acting upon any information contained within this website, not limited to and including: all numerical data, quotes, charts and buy/sell signals. Moreover, please be advised that Forex trading is one of the most volatile investment forms in the world and all trades should be placed with full consideration of the risks and costs.

fxBrokerSearch.com does not support nor encourage the execution of any investments. Trading with a margin is high risk endeavour and not suitable for everyone, therefore, each investor should carefully consider all relevant trading conditions, such as experience, risk and cost, before taking part in any type of trading, including Forex.

While every effort has been made to ensure all our data is as accurate as possible, fxBrokerSearch.com cannot be held responsible for any prices that are not in line with real-time data. Indeed, the currency exchange market is constantly changing and all CFDs (stocks, indexes, futures) and Forex prices are set by market makers.

This means advertised prices may not be accurate and could differ from the actual market conditions. For this reason it is not appropriate to rely on any data presented by fxBrokerSearch.com for the purposes of trading.

Based on these conditions, fxBrokerSearch.com will not be held responsible for any losses incurred through trades conducted in light of data presented on this site.