The Xforex broker, reviews of which are repelled by the partnership, began its history in 2003. The founder of the company was the current trader, who tried to realize all the wishes of the majority of the participants in the foreign exchange market within the framework of the policy of his “brainchild”. The active growth of the client base and the steady increase in cash turnover indicate not only the development of the company, but also speak of its prosperity.
Positioning Xforex as a broker
Xforex belongs to the category of brokerage companies of international rank. The company was founded with the active support of financial experts and market dealers. The company’s work is based on a web platform whose development goal was to make a profit for the trader. Enterprise services are available in many parts of the world. It is very important that the work of the enterprise does not violate any of the laws of the countries in the territory of which it offers its services.
According to company representatives, you don’t have to worry about the safety of funds deposited to your trading account, since the company itself takes responsibility in the aspect of their insurance. Work with the company is available from anywhere in the world. Simply register and go to your personal account.
Features and capabilities of Xforex
The company's customers gain access to the company's unique in-house trading platform, which is designed with an intuitive interface. Novice traders have the opportunity to take a basic course of study, having familiarized themselves with a specialized educational package. This is not only video tutorials, but also an advanced guide to action, individual training with Xforex managers, reviews of which are not always the best, but more on that later. The company's customers have access to tools that help in trading. We can talk about the presence of an economic calendar, special schedules and technical analysis. Each functionality becomes available immediately after registration.
What is offered to traders?
Each trader who will register an account with Xforex, reviews of which make you think about partnership, gets access to a variety of financial instruments. We can talk about the presence of at least 20 types of stocks and more than 40 currency pairs. In the public domain there are CFD indices and CFD products. Xforex currency transactions are also available with an asset such as Bitcoin. Within the framework of the trading platform, there are at least 50 popular indicators. Trading participants who replenish an account with an amount of more than $ 100 get access to the standard type of accounts. People who have contributed about $ 1,000 to their account become users of premium accounts. Leverage up to 1: 400 applies to all Xforex currency transactions. Xforex.ru offers depositing and withdrawing funds in one of many ways. It is worth mentioning the absence of an investor and manager account. These common features significantly limit the company's customer base.
Types of accounts
Only two types of accounts are available within the company. This is a standard trading account and its premium counterpart. The difference between the accounts is the amount of the base replenishment and the size of the spread. For the standard type of accounts, a spread of 4 to 6 pips is provided. Premium account holders can expect a spread of no more than 3-5 pips. Each trading account is protected against a negative balance. Commands for opening and closing transactions can be given in several formats: pending order, quick types of transactions and day trading.
Deposit and withdrawal of funds: what does the advertisement say?
Xforex, reviews of which customers quite often leave negative in connection with a problematic withdrawal of funds, offers to replenish an account using a credit card or by arranging a bank transfer. To manipulate finances, company customers must provide not only scanned copies of their documents, but also scans of the front and back of the credit card. This procedure is carried out once. Credit card transfers are instantaneous. Funds can be credited to the company's trading account in any of the currencies, which is presented as a trading tool with a broker. The company reserves the right to convert accruals into dollars. The withdrawal of funds is carried out on a credit card instantly, the main thing is that the withdrawn amount does not exceed the size of the first deposit. The card for the operation is used only the one with which the replenishment was carried out. The terms for depositing and withdrawing funds are controlled by company regulations.
What do customers think about deposit and withdrawal systems?
Customers of Xforex.com, whose reviews are very alarming, have repeatedly noted the fact that funds are deposited to the trading account as quickly as possible and without any documentary red tape. Many note the active and persistent work of managers who push customers to replenish their accounts for at least $ 1,000.
According to the broker's clients, problems begin long before the decision to withdraw money to the card, but more on that later. There are responses that the withdrawal of funds is simply unavailable and the company profits from its customers. If Xforex currency transactions bring profit, getting it on hand is very problematic.
People often talk about ignoring customer requests and the need to download a large number of documents, which, as history has shown, then again have to be reloaded due to certain errors. There is evidence that the company does not pay at all, does not withdraw funds. Talking about the veracity of these statements is problematic in connection with the spread of such a phenomenon as black PR.
Let's talk about working with company managers
The Xforex company, reviews of which make us think about the feasibility of the partnership, offers its clients the support of managers. They not only provide training, but also help their wards in trade. As for the novice traders themselves, they have their own beliefs and opinions on this matter.
There are people who rarely leave positive reviews. www.Xforex.com is a project that is often written about in a negative way. Statements are widespread in which it is a question of excessive perseverance of company representatives who continually offer to replenish the account.
Many people say that in the first stages of cooperation it is really possible to open good deals and make a profit. The other side of the situation is the feedback of traders who, after the first trade transaction, lost most of their funds. The duality of the situation prevents one from seeing the picture in reality and making an objectively correct decision.
A bit about the benefits of the company
The company can be called an innovator in the brokerage industry. It allows you to take a fresh look at customer service. Attention is drawn to trading without commissions and commissions. Income is based solely on the difference in exchange rates of currency pairs. The preferential terms of the partnership and the size of the leverage, which is 200 times more than the amount of investment, are pleasantly surprising. It is worth noting the round-the-clock support of the technical service for 5 days a week. As soon as possible, an answer is provided to all questions of interest on one of the many communication channels.
What does the company sin?
At first glance, the Billing Xforex.com project offers its customers solid advantages and benefits. The broker presents himself as an excellent partner who is interested in making profits for clients. In practice, the reviews of people faced with the company indicate the opposite. And here we are not talking about the lack of the ability to withdraw funds, as described above.
Many of the company's customers complain of systematic hangs and disconnects in the terminal. True, slippage at the opening of transactions within the partnership has never been mentioned. The outrage is also related to the fact that replies to letters from the support service are not just delayed, but sometimes they simply do not come. This is relevant if the issue of withdrawing funds is raised.
The users of the company’s services have also repeatedly noted that managers mysteriously disappear and begin to ignore requests after a transaction was opened upon their recommendation, through which a sufficiently large percentage of the deposit was released. It is hard to judge how much such statements are true. We can only talk about the repeated repetition of identical statements in different projects with reviews of the company.
To summarize
The https.trade.Xforex.com.ru project really attracts the attention of both well-established traders and beginners in the foreign exchange market. Particularly pleased with the attentiveness on the part of company representatives who call back to the client 30 minutes after registration. Constant support inspires confidence and helps to understand the specifics of trading in the market.
Immediately, we note the presence of an abundance of information about the company Xforex.com, reviews of which, frankly, are a little alarming. People talk about the overly persistent offer of office services and the constant calls of managers from numbers from around the world, which clearly does not play into the hands of the company.
To judge how truthful data is on the Internet, everyone can only personally. The company works and offers a wide range of services and this is confirmed by Xforex reviews. Withdrawing funds from the account is difficult. Many say that the company does not withdraw funds at all, while others have to insist on the withdrawal of funds and receive them with a significant delay.
Before accepting the partnership conditions of any of the companies, it is worth examining as much information as possible about it. This will save you a lot of mistakes and allow you to make the right and considered decision. Customer reviews will help to understand Xforex's activities.