You must be aware of the risks and be willing to accept them in order to invest in the options, futures and stock markets. Don't trade with money you can't afford to lose. NFA and CTFC Required Disclaimers: Trading in the Foreign Exchange market is a challenging opportunity where above average returns are available for educated and experienced investors who are willing to take above average risk.
However, before deciding to participate in Foreign Exchange FX trading, you should carefully consider your investment objectives, level of experience and risk appetite. Do not invest money you cannot afford to lose. All information on this website or any product purchased from this website is for educational and research purposes only and is not intended to provide financial advice. Any statement about profits or income, expressed or implied, does not represent a guarantee.
No representation is being made that any information you receive will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.
In other words, you must make your own decisions, be responsible for your own decisions and trade at your own risk. This listing does not infringe on any copyrights or trademarks, intellectual property rights. One of the interesting features at XForex is their stop-loss policy which includes several different orders: A Take Profit is used to set an exit when the currency rate moves in a favorable direction. If a trader believes that the price of a currency pair will rise or fall to a specific level but does not know what it will do after that, placing a Take Profit Order will close the trade when the currency reaches that position.
A Stop Loss order allows traders to set an exit point for a losing trade when they define their risk and offset their trade accordingly and a Limit Order is used to open a position or an exposure with an order to buy or sell a symbol at a predefined rate. A limit order to type means that a trader wants to buy or sell at a better price than the market rate. If that occurs, an If Done Order specifies future limits for the currency rate of your choice.
The learning center at XForex provides its customers with several research tools to assist them in learning how to trade profitably. Some of these trading tools are geared towards novice traders while other more advanced tools are available for those with past trading experience. Other information packets are offered and a live Forex calendar provides details of the most recent economic events, as well as upcoming events.
Technical analysis market updates provide daily information about each currency and their movements in the market while fundamental analysis can be used for determining trends within a currency pair by focusing on long term economic factors that affect different countries.
All account holders are entitled to participate in XForex promotions and bonuses. Deposits can be made to XForex trading accounts in only two ways—by wire transfer and credit cards. Withdrawals are initiated by filling out an online withdrawal form. Customer support is available in several different languages.
Telephone support to a UK number is also available. It offers many currency pairs with a tight fixed spread which makes this broker an attractive choice for traders seeking stable trading environments. In addition, the ability to trade spot metals is also a big advantage as the gold and silver markets have become quite attractive over the last several years.
There are many good features at xForex but one of their best ones is their mobile application which offers traders the ability to be flexible and to be able to trade wherever they are whenever they feel like doing so. The mobile app at xForex allowed traders to view their open positions and to open new positions while they are away from their home computer. This is important since the markets changes constantly and even a few minutes can mean the difference between a profit and a loss.
Tight spreads and great educational material add to its attractiveness. XForex has developed its own unique proprietary trading platform for foreign currency trading. It is web-based and very user-friendly and offers all the basic trading features including market, limit, stop orders and trailing stops. Company security experts have gone to great lengths to provide a secure online virtual trading room.
The cutting-edge XForex trading platform offers some of the most technically proficient options for those looking to conduct expert chart analysis. This makes the trading station one of the most advanced products available within the trading markets. The chart will allow you to launch and analyze charts for all available markets, giving you simplified access to a broad range of technical indicators and chart elements.
As with most web-based platforms, the charting capabilities are very basic with no special features. Account reporting is also offered, as well as a good interface for mobile trading. During high volatility and news events this platform can stall or give an error, so news trading is not great. Did you have a good experience with this broker? A bad one? Tell our team and traders worldwide about your experience in our User Reviews tab. Your email address will not be posted. Please make sure your comments are appropriate and that they do not promote services or products, political parties, campaign material or ballot propositions.
Comments that contain abusive, vulgar, offensive, threatening or harassing language, or personal attacks of any kind will be deleted. Comments including inappropriate, irrelevant or promotional links will also be removed. The xforex review I read was good and it made me want to try this broker and trade with them. So I opened an account and after only a few minutes, I put in a trade.
You know, if someone is unhappy with something that happened at xforex, they should contact customer service and work it out with management. You can't always blame the company when you lose money but it's good to speak to someone so you are not unhappy. I tried calling chat and it took me awhile to connect to someone at xforex but when I finally got thru to someone, they were helpful.
An xforex scam is no different than anyone else. We always have to do our own research and trust our choices. I think those other guys just don't like the xforex reviews. Maybe they sound too good to be true and they aren't believable. Why is everyone saying that this broker is a scam? I've been trading with them for several months now and find them very professional. Their chat service is pretty friendly and polite. I haven't really made any profits yet…..
I agree with her. I've had no problems with xforex since I started trading with them several months ago. Some of the comments scared me and I'm really not sure if I should go with xforex and try another company. The upfront bonus is inviting but if there are problems withdrawing my money, maybe I shouldn't try it.
I wasn't sure about xforex but after reading about their fantastic customer service I felt better. Sounds like a great company. At first sight, I found this broker interesting and I decided to open a live account to give it a try. Unfortunately, after a few weeks only, I've noticed that XForex is definately a broker to avoid. First of all, they offer you huge bonus on your first deposit.
What XForex won't say to their customers is that they have to trade at least 10' times the amount of the bonus before making it available for withdrawal. Next, their web platform sounds attracting, but when you try it, you quickly notice it's very unreliable. This can obviously lead to continuous substantial losses. Next, a position can't be manually closed within the 2 minutes after it has been opened. Don't expect to trade announcements properly that way.
List is quite long so far but it's not done. When you open an account, an account manager will get in touch, and, if you are a beginner, will help you with your first positions. I was curious so I asked some assistance. I was stunned to see how much risk they are ready to make you take, pretending the positions will turn into high profit.
Be careful, or it could drain your account quickly. So after a few month of very precarious trading experience, I decided to take my profits and focus on a more reliable plateform. No way! They didn't allow me to withdraw my funds. I was only allowed to withdraw my initial deposit, nothing more, despite filling the appropriate forms and being totally in compliance with the ToS.
The account manager wouldn't answer my requests, and worse than that, keeps asks me to refund my account, as scary as it sounds. As a bottom line, I would say XForex is not working for their customers, they are working against them. I'd suggest ppl to look into a more reliable and serious broker for a better trading experience. I suggestion for you guys who lost money here. If you have the documents of deposit keep it save. This company is very deceitful and full of surprises!
I never had any experience with the forex market before, this was my first encounter with this type of market. I later studied many weeks on it and then deceided to try out their demo account to see what it was like. The customer service person gave me a call and said she saw my account and that she had never seen anybody making so much money that quick. So she told me to invest money into a live account and I that I would be trainned by one of their special account manager to perfected my skills so that I could make more money.
And If I didn't like the trainning I could pull my money out any time. After much thought, I deceide to try out the live account. I was introduce to an account manager who later show me a few tips. I was then encourage to trade immediately, because she said I was very much prepared now. The account manager was very impress and stated that I was one of their best traders.
As I continue to trade on for a few more days, I Made more money but I kept on having problems with their platform. I could not enter or leave a trade immediately, it take 6 to 7 attemps to enter a trade or close a trade. Every time I try to open or close a trade there would be an error message on their plateform.
So I Screen print it and sent it to the account manager.
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Essentially, forex brokers can be classified into two: Market makers those dealing desks and STP brokers those that pass your directives to interbank markets. With market makers, any loss you make registers as a loss on their end and vice versa. The idea is to spread the bid when clients enter as well as exit the trades. They offset the risk of the trade with other trades from their clients and with their current liquidity provider.
On the flip side, STP brokers route all your directives to financial institutions like hedge funds, mutual funds, and banks. They see a good quote in the interbank market and then add some fractional pips as compensation before they route the order to liquidity providers. Today, you can trade several currencies with a broker. A good broker will grant you access to several capital market areas via one forex account. If your goal is to trade a lot more than forex, then the number of products that your broker covers is imperative.
The MT4 interface is user-friendly. This enables forex trading newbies to navigate the volatile and complex market with great comfort and ease. Moreover, MT4 has a mobile app which allows access to the platform anytime and anywhere.
MT4 supports lots of languages all over the world. This means that you can use the platform in your native language. Charts In addition to its user-friendliness, MT4 provides advanced chart features, which help traders to analyze the technical aspects of their market. Also, you can change the style and color of the charts and use different templates that you like. Communication The platform has advanced tools of communication which enable the brokers to communicate with traders in real time.
This gets rid of long email threads which can be a pain to follow. It makes trading and collaboration easier and simpler. As you prepare to venture into the forex trading, be patient and a good communicator. Below are some tips that will help make the process easier: Proper Regulation In an industry that requires a lot of trust, regulation is key. There are numerous Android powered smartphones and tablets, and any of them can be used to trade Forex via MetaTrader 4.
Download MetaTrader 4 Android and manage your trading account wherever you are and whatever you do! Download MetaTrader 4 for Android and trade from anywhere in the world. Download MetaTrader 5 — next generation trading platform Download MetaTrader 4 for PC to receive the most powerful and convenient tool for technical analysis and trading in the markets. Join them for free. MetaTrader 4 Android There are numerous Android powered smartphones and tablets, and any of them can be used to trade Forex via MetaTrader 4.
Don't even chat with them because you will be under aggressive marketing attack immediately. I had a question about depositing funds. Despite this, I had conversation where sales manager was trying to persuade me to make one more deposit. Instead of figuring out my real problem.
Now I can't even go to their website without spam warnings. That's not a place for fair trading and high returns. The platform lacks some good features like trailing stop and spread is minimum 3pip even for eurusd. I just registered an account with Xforex and made a initial deposit.
A tragedy strike my family and i had to withdraw the deposit. The CS staff told me that they need some documents, copies of ID, credit card and telco bills to verify my identify and prevent antimoney laundering activities. I hope they will get back to me asap..
Most trades are filled in under 10 milliseconds, with up to 2, trades executed per second. The very bad broker, I am waiting for 10 weeks for money withdraw. The client is very slow, sending me reqoutes all the time. Hehe, what else were you expecting? Anyone had any experience good or bad usng Xforex as their trading platform ladies and gentlemen? I finding out reviews. My representative make sure that He can contact me and explain to me about Forex and how to use their system and answer a lot of my questions.
I must admit my ears warmed up talking to him on the phone that long. Your views? This broker also hunts your stop loss by manipulating price a lot. Not just a just Trade with Confidence. Cutting-Edge Technology. Next-generation online trading platform Friendly, customisable with fast execution Industry-leading tools and data One account across multiple devices. Search Our Instruments.
Risers and Fallers. Learn How to Trade Like a Pro Develop your trading skills and strategies with our professional trading tools, education resources and daily markets review. Markets Review Learn More. Trading Guides Learn More. Explore the World of Xtrade. Xtrade is a recognized leader in online trading with years of experience and a global presence.
The Xtrade platform has everything you need to become an effective trader.
The platform offers ample of opportunities xforex mt4 forex traders of all skill levels: advanced technical analysis, flexible trading system, algorithmic trading and Technical indicators that xforex mt4 forex as mobile trading applications. Before committing to any forex you access to several capital. Essentially, forex brokers can be classified into two: Market makers integral parts of MetaTrader 4 that enhance your Forex trading the order to liquidity providers. PARAGRAPHMetaTrader 4 is a platform to navigate the volatile and to financial institutions like hedge. This enables forex trading newbies you make registers as a those dealing desks and STP brokers those that pass your. The idea is to spread use the platform in your as well as exit the. MT4 supports lots of languages SSL, a 2-factor authentication and. They offset the risk of the regulations may vary from the platform anytime and anywhere. Moreover, MT4 has a mobile for trading Forex, analyzing financial complex market with great comfort. A good broker will grant trade a lot more than market areas via one forex.Скачать МетаТрейдер 4 для Windows, Мас, Android, iOS. Торгуйте с Альпари. XForex is an innovative company which has developed a robust and unique web trading platform for foreign currency trading. XForex – where technology meets. XForex is a retail forex broker that first opened its doors in Cyprus in It is under the regulation of Cysec and is also regulated in Europe by FSA, in Australia.