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XForex is a forex platform accepting trading everywhere internationally, excluding the USA. With good customer service, a solid platform, and some extra client perks that go above and beyond other brokers, xForex is starting to push through as one of the top brokers.
Registration is very quick and easy, as well as the deposit presses. Accepting various credit cards, as well as bank wire transfer, moneybookers , and westernunion. Xforex also offers up to a 30% bonus on your first deposit. This means that you will directly be able to start trading with real money but not necessarily your own. Any experienced trader will be able to open an account with xForex quite easily, however the beginner trader may need a bit of help, luckily their quality customer service is very helpful and more than happy to help.
xForex is web based, meaning no downloads, and user-friendly as well. They have all of the normal trading features including, market, limit, stop orders and trailing stops. Trading spreads are fixed and rage from 3-30 pips. Heageing and scalping are not allowed, and as with most web-based platforms the charting capabilities leave something to be desired. During high volatility and news events this platform can stall or give an error, so news trading is not great.
Xforex offers the usual services as a retail broker including a daily market update, a daily economic events calendar. Possibly one of the best features of xForex is that they will provide for you a personal forex trading expert to help teach the beginner users. Overall this retail broker seems to offer conventional services with some extra trading features on their web-based platform, in conjunction with excelent good customer service.
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. No information or opinion contained on this site should be taken as a solicitation or offer to buy or sell any currency, equity or other financial instruments or services. Past performance is no indication or guarantee of future performance. Read our legal disclaimer.