XBTFX review: Regulations, Trading platforms, Broker features, and User ratings.
|Minimum Trade Size:||0.01|
|Minimum to Open Live:||$5|
|Address:||First Floor, First St. Vincent Bank Ltd Building, Kingstown, Saint Vincent And Grenadines|
|Trading platforms:||MT4, MT5, WebTrader, XBTFX Trader|
|Dealing Desk:||❌ No|
|Web Trading:||✅ Yes|
|Mobile Trading:||✅ Yes|
|Cryptocurrencies:||(100+) Bitcoin, Litecoin, Ethereum|
|CFD:||(150+) Gold, Silver, Other Precious Metals, Stocks, Stock Indexes, Oil, Other Commodities|
|News Trading:||✅ Yes|
|Copy Trading:||✅ Yes|
|Deposit Methods:||Bitcoin, Bitcoin Cash, Dogecoin (DOGE), Dotpay, Ether/Ethereum, Litecoin, Other Crypto Currencies, Ripple, Tether (USDT)|
|Withdrawal Methods:||Bitcoin, Bitcoin Cash, Dogecoin (DOGE), Ether/Ethereum, Litecoin, Other Crypto Currencies, Ripple, Tether (USDT)|
XBTFX.io profile provided by XBTFX, May 24, 2021
XBTFX is a crypto forex broker registered in SVG. Deposit, Exchange, Trade, Withdraw using 15 Cryptocurrencies and Stablecoins . Trade Crypto, FX, Metals , CFDS and Stocks on Metatrader 5, Metatrader 4 and the proprietary XBTFX Trader web platform using multiple crypto currency account balance options.
Trading conditions are okay
Leverage for cryptos
Good leverage for cryptos
1. here I the fixed fee for cryptos of 0.075% but sprads are tight and im not seeing much slippage compared to taker orders on other platforms.
2. this broker allows leverage of 25:1 to be used for crypto trading. A lof of brokers have higher leverage but when you get over 5-10x with crypto the swings are insane the the fees add up faster taking you to zero. I suppose capping at 25:1 is a good way to remove the temptation to do something that will lose you all your money.
3. withdrawals are proceed within 1 day ( usded my binance wallet).
Low trading cost
Recommend to try them
*recommend also to do kyc to avoid problems
Trading news here a few month
*kudos to FPA team who provide good news signals, btw i usually ignore gbp news because of huge spreads (tested in other brokers everywhere the spread during gbp news is huge! even during nfp the spread is much less)
Quick registration and verification
Without manipulation and any failures.
Fast withdraw and no problems.
I will hope that the company will flourish