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XBTFX Review

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XBTFX

XBTFX is a well-established broker since 2019. XBTFX has a headquarter in St. Vincent & Grenadines. XBTFX to provide their Forex/CFD trading services to over 4 million clients.

This broker has also been regulated by FSA (St. Vincent & Grenadines) 152.


Company Information

🌐 Website
xbtfx.io

Year Established
2019

🌎 Country
St. Vincent & the Grenadines

💼 Regulation

Features

💰 Bonus offers

🏆 Trading contests

📖 Free education

👨‍💻 PAMM accounts

📊 MAM accounts

🕋 Islamic accounts available

🗺 Vps

Account Information

Apart from the forex demo account, this broker offers ECN and Standard. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by XBTFX is up to 1:500. Meanwhile, you can open an account with a starting capital of $1.

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Min Deposit

$1

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Max Leverage

1:500

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Spread

Variable

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Commission

$3.50

If you want to look for a more simple explanation regarding this broker's account type(s), take a look at the following chart:



💲 Min Deposit $1

💡 Min Position 0.01 lot

🔢 Spread Variable

📉 Scalping

🤖 Expert Advisors

💱 Hedging

🕛 Overnight interest rates (swaps)

Pending orders

1️⃣ One-click trading

Instruments Traded

Besides lots of currency pair, XBTFX also offers some instruments you would like to trade on, such as Forex, Gold & silver, CFD, Oil, Stocks, Indexes, Soft commodities, Metals, Energies and ETF for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for ECN account, XBTFX specifically provides it with the following instruments and leverage:


Forex

Forex
1:500

Gold & silver

Gold & silver
1:100

Indexes

Indexes
1:50

Metals

Metals
1:100

Energies

Energies
1:50


💲 Min Deposit $1

💡 Min Position 0.01 lot

🔢 Spread Variable

📉 Scalping

🤖 Expert Advisors

💱 Hedging

🕛 Overnight interest rates (swaps)

Pending orders

1️⃣ One-click trading

Instruments Traded

Besides lots of currency pair, XBTFX also offers some instruments you would like to trade on, such as Forex, Gold & silver, CFD, Oil, Stocks, Indexes, Soft commodities, Metals, Energies, ETF and Crypto for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for Standard account, XBTFX specifically provides it with the following instruments and leverage:


Forex

Forex
1:500

Gold & silver

Gold & silver
1:100

Indexes

Indexes
1:50

Metals

Metals
1:100

Energies

Energies
1:100

Crypto

Crypto
1:25

Payment Methods

XBTFX also provides payment with Binance Coin, Zcash, USD Coin (USDC), Tron, Tether (USDT), Stellar (XLM), Ripple, Paxos Standard (PAX), Litecoin, Ethereum, Dogecoin, Dai (DAI), Crypto Cash and Crypto



Trading Platforms

Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.

Hereby, XBTFX offers you MetaTrader 4, MetaTrader 5 and XBTFX Trader.

Customer Support

Do you have any question or find any trouble related to XBTFX? If you do, you should reach XBTFX's support to get the information that you need. Here is the detail of the broker's customer support:

Website Languages

English

Office Support

Email Support

Call Support

Chat Support



FAQ About XBTFX

Is XBTFX a good broker?

A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if XBTFX is a good broker for you or not by reviewing the criteria. In general, XBTFX provides trading service in Forex , Gold & silver , CFD , Oil , Stocks , Indexes , Soft commodities , Metals , Energies , ETF and Crypto . As for the payment methods, you can choose between Binance Coin, Crypto, Crypto Cash, Dai (DAI), Dogecoin, Ethereum, Litecoin, Paxos Standard (PAX), Ripple, Stellar (XLM), Tether (USDT), Tron, USD Coin (USDC) and Zcash. The customer support is available via Email.


What is the minimum deposit for XBTFX?

The starting capital in XBTFX is $1.


Is XBTFX regulated?

XBTFX is regulated by FSA (St. Vincent & Grenadines) 152. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.


Is XBTFX legit?

XBTFX is a brokerage company offering trading services for clients since 2019 with offices in St. Vincent & Grenadines.