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Xforex Review | A review by AnalystFX

Xforex Review


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About XForex

XForex is a retail forex broker that first opened its doors in Cyprus in 2003. It is under the regulation of Cysec and is also regulated in Europe by FSA, in Australia, by the Australian Securities and Investment Commission (ASIC) and is licensed in many other countries. XForex is a dealing desk retail broker and works with 140 different locations across the globe and offices in many of the major financial centers worldwide.

Xforex Review table

Broker Information

Trading Information

Legal NameXForexPlatform TypeMetaTrader 4, Webtrader
Broker TypeNDDPlatform LanguagesMulti-lingual
Website CompatibilityWindows
HeadquartersCyprusSocial TradingNo
Founded in2003Trading SignalsYes
RegulatorsCySECAutomated TradingYes
US ClientsNoTrade From ChartsNo
Contact Number‎+44 2030516305Binary Option TradingNo
Email:support@xforex.comE-mail AlertsYes

Account Information

Mobile AlertsYes
Minimum account size$100Trailing StopsYes
Maximum account sizeGuaranteed Stop LossYes
Minimum position size0.1 lotGuaranteed Limit OrdersYes
Spread type


FixedGuaranteed FillsYes
Spread on EUR/USD 4 pipsScalpingAllowed
Leverage up to1:400HedgingAllowed
Trading instrumentsCurrency, Gold, silverExpert advisorsAllowed
Trading platformsMetaTrader 4Interest on MarginNo
Digits after dot4One-Click ExecutionYes
Margin call level50%OCO OrdersYes
Stop-out level20%

Deposit and Withdraw

Minimum distance to stop/limit orders,4Deposit MethodCashU, Credit/debit cards, QIWI, Skrill (Moneybookers), UnionPay, WebMoney, Wire transfer
Number of currency pairs32Withdraw MethodCashU, Credit/debit cards, QIWI, Skrill (Moneybookers), UnionPay, WebMoney, Wire transfer
Mini AccountYesDeposit TimeInstant
VIP AccountYesAverage Withdraw Time
SWAP free AccountYes

Customer Service

Segregated AccountNo24 Hours SupportYes
Institutional AccountsNoCustomer Support LanguagesMulti-lingual

Support Services

Phone SupportYes
Managed AccountsNoLive Chat SupportYes
Market NewsYes

Bonus & Promotion

Market UpdateYesNo Deposit BonusYes
Educational ProgramYesDeposit BonusYes

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