Is XtramForex legit or a scam broker? This review will tell you

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I would personally go for the ECN Pro account as it has the lowest spreads which is important for my strategies. I would like the VIP Account but I feel the minimum deposit is quite high, especially for an unregulated broker. You can get access to zero spreads with low commission fees from XM Group with a minimum deposit of just $5. They are also regulated and one of the best brokers in the industry in my humble opinion.

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Between 74-89% of retail investor accounts lose money when trading CFDs with this provider. Xtreamforex is my first forex broker, I am working with xtreamforex from last 5 years. Their deposit and withdrawal system is very fast secure and reliable. I have deposited 1000$ deposit and my deposit was added instantly, i put a withdrawal after trading of 15 days i got 1200$ profit and took the withdrawal. I have also applied for running promotion of gadgets i hope i will win the laptop this month.

Besides, there’s an xtreamforex review Demo account to practice the trades. This website has received votes on Scamadviser that it may sell fake products. Fake products are often a lot cheaper than the real thing.

You can have up to 5 trading accounts, according to the brokers policy. In order to open an additional account, you need to login to the Client Area, click on “Add a New Account” and then choose the account type, base currency and leverage. You can manage multiple accounts by using the MT4 MultiTerminal platform, which you can request by sending an email to customer support.

Facts about xtreamforex.com

I think that MetaTrader is one of the best trading platforms for users of all experience levels who want to analyse charts to find trade setups. I have used the platforms for many years and find them ideal for manual and automated trading with minimal hassle. The desktop version of the platform has all of the features and functionalities.

XtreamForex broker offers to trade on MT4 trading platform and claims to be the best MT4 Forex broker, it also claims to have an award for the best brokerage and tight spreads. Moreover, the broker has misleading information about the “tight” spreads as well. The broker does support a variety of convenient deposit and withdrawal methods.

XtreamForex Review – XtreamForex.com Is a Brazen Trading Fraud

If you are a beginner or an experienced trader, the experienced educators can teach you some interesting forex strategies and concepts. Every live webinar is followed by a Q&A session that will allow you to raise your question regarding the session. You can clear your all doubts with the XtreamForex educator. This is especially useful for traders that run automated systems around the clock and those who don’t have reliable internet connections at home. I actually have my own VPS from a third-party provider and find it to be an invaluable tool for running my automated systems around the clock. I simultaneously run multiple instances of the MetaTrader platforms to test my expert advisors on different broker accounts to see how they perform.

If you own this website you can update your company data and manage your reviews for free. The longer a website exists, the more it can be expected that it is legit. However, the age of the website is unfortunately no guarantee.

News, stories and media buzz related to Xtream Forex

Xtream Forex offers the MetaTrader 4 forex trading top platform. XtreamForex.com offers over 55 forex currency pairs, stocks, indices, gold, silver, oil, bitcoin and other cryptocurrencies for your personal investment and trading options. The broker also offers crypto, stock, and indices, however, as mentioned above the information about those is not available on the website.

Overall, I think there is a lot of good things to like about XtreamForex. In addition to this, they offer flexible account types, a variety of funding options and an informative traders academy to help beginners learn more about the markets. Despite the positives, they are not regulated which may be a concern for potential clients.

These accounts are Micro account, Standard, ECN, ECN pro, and VIP account. All these accounts have one execution type – market execution, and only one basic currency – USD. For all the accounts hedging and scalping are allowed, and all of them has Islamic account available. Also, XtreamForex offers swap free account for Muslim traders that need to send a request via email.

Join any one of our Forex Promotions from XtreamForex and get the most out of your trading. Some of our promotions will support your account in the case of drawdown and some of them support you while opening trades. All of XtreamForex promotions and bonuses increase your trading volume and the only thing you need to do is to trade on a regular basis and enjoy the profit. Gain trust and grow your business with customer reviews. For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker.

Xtreamforex.com ranks 67th among Business Other sites. The position size calculator is a free tool that helps you to estimate the size of your trade to avoid excessive risk. Your position size should always be based on your risk tolerance and you should be fully aware of the significant risks involved with trading online. It’s an Instant deposit of the fund at the same time to your MT4 account. In the case of bank transfer, the deposit is affected by your bank and correspondent bank timings. My next test will be to deposit with just crypto and perform another withdraw shortly after more profits accumulate.

All methods are accepted for both account funding and withdrawals. When it comes to deposits and withdrawals, allegedly, there are no fees on such transactions. We want to invite you to read our recently updated Primefin, PNL Advanced and FXFlat broker reviews. Looking at the broker’s website, we noticed several languages on the platform, such as Vietnamese and Persian. This led us to conclude that the company mainly targets Asian countries, including India, Pakistan, Vietnam, Saudi Arabia, Iraq, and more.

Scalping, hedging as well as automated strategies are allowed on the Xtream account. The account type that you opt for is likely to depend on your investment size and trading strategy. Generally speaking, the combined spread and commission fees are very competitive and inline with what many other brokers provide. The information about XtreamForex withdrawal can only be seen on the Frequently Asked Questions page. Also, the page informs that there are no withdrawal fees charged by the broker, but there are commissions charged by the payment companies. However, there is no further information about those that would make a trader choose which payment method is better for them.

• Such a pathatic customer services, Even I request to close my account and refund my amount in to my account they are not responding at all.
• Xtreamforex is my first forex broker, I am working with xtreamforex from last 5 years.
• Clients of XtreamForex are offered a choice of 5 account types, in order to suit the needs of traders of all levels and preferences.
• It’s an Instant deposit of the fund at the same time to your MT4 account.
• Scam artists ensure they use available depository channels to quickly have your funds.

The number of payment methods mentioned in the information about the deposit is considerably fewer. Moreover, while the lowest minimum deposit is 5 USD for the Micro account, one has to deposit more if using certain deposit methods. In a Micro account, the minimum deposit is $5 USD, the Standard account is $250 USD, the ECN account is $250 USD, ECN Pro $5000 USD, VIP account is $20000 USD. Then register a trading account with a Forex broker of your choice. Finally, when you are ready and feel comfortable, open and fund your Live Account.

We’ve decided to check a couple of other registers of tier 1 regulators, such as FCA, ASIC, and BaFin, and found nothing. XtreamForexis anonline forex siteusingMetaQuotessoftware It is owned by Grand Investing Ltd. We see that the owner of the website is using a service to hide his/her identity. This may be because the owner does not want to get spammed. However, it also makes it difficult to identify the real owner of the website. As a result, websites hiding their identity get a slightly lower score.

• Earlier I was skeptical about Xtreamforex but after testing their platform, charges & services , I got lucky with this broker, seriously.
• First of all, the regulator is not considered to be the reputable one, as the offshore country is known to be the haven for all scam brokages.
• TradingBrokers.com aim to provide unbiased broker reviews.
• I would like the VIP Account but I feel the minimum deposit is quite high, especially for an unregulated broker.
• However, you can notice that commodities such as gold and oil are unavailable, which is rather odd.

I currently trade with Xtreamforex broker, and I always feel appreciated. In all dealings, I see sincerity and compassion for me as a consumer. All of their services have pleased me.The easy deposit & withdrawals gives me a reason to do trading on thier platform. I would like to recommend it to the beginners because their user interface is very friendly.

For more information about Xtream Forex trading broker no deposit bonus and other brokers must watch below video tutorial or join us on You tube. XtreamForex is a Forex Broker offering Forex Trading services via MetaTrader 4, MT4 Mobile and Web trading platforms. Regarding orders execution model, XtreamForex is a b-book broker . XtreamForex offers trading of currencies, CFDs and commodities.