Xforex Review

$25 no deposit bonus & 20%- 60% up to $6,000
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Unfortunately you can not open an account at X Forex anymore as they closed their brokerage firm. Take a look at our other top reliable and regulated brokers. Xforex company… more

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Broker Xforex
Website URL www.xforex.com
Founded 2003
Headquarters Spyrou Kyprianou 38 CCS Building Limassol ON M5V 1X2, Cyprus
Support Number +44 2030516305, fax: +44 203 051 6306
Support Types Phone, live chat, , contact form on website and email: [email protected]
Languages Available in 38 languages including English, French, German, Spanish, Mandarin Chinese and Russian
Trading Platform MetaTrader4, Webtrader, XFX
Minimum 1st Deposit $100
Minimum Account Size $100
Minimum Trade Amount $1
Maximum Trade Amount $5000
Bonus $25 no deposit bonus & 20%- 60% up to $6,000
Payout within 3 business days
Leverage 1:1 up to 1:400
Spread low competitive spreads, especially on forex and gold and silver
Free Demo Account Open Demo
Regulated Yes
Regulation Xforex is a trademark used by XFR Financial Ltd, with a license and regulated by CySEC under license number 108, 10
Fees Yes
Fee Info XForex doesn't charge any hidden commissions or fees
Commissions Yes
Commission Info XForex doesn't charge any hidden commissions or fees
Account Types Demo Account, Standard Account, Premium Account
Deposit Methods wire transfer, credit card, boleto, Kiwi, Union Pay
Withdrawal Methods wire transfer, credit card, boleto, Kiwi, Union Pay
Number of Assets 100+
Types of Assets Trade in spot forex, gold, silver using Xforex
Trading Currency You can trade every existing forex pair on Xforex
Account Currency You can fund your account with any currency which will be converted to the currency preferred under the 'my account' tab
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes
Overall Score 6.8

Full Review

Unfortunately you can not open an account at X Forex anymore as they closed their brokerage firm. Take a look at our other top reliable and regulated brokers.

Xforex company information

Xforex is a forex broker that offers an advanced trading facilities in a fair, transparent and safe environment. Xforex is registered and regulated in several countries worldwide, mainly because of this reason Xforex is seen as a fair and reliable broker.

Xforex trading platform

Xforex has it’s own web-based trading software. This is convenient for traders because wherever they have access to the internet they can login their trading account to manage their portfolio, open new trades or close existing ones. The Xforex trading platform also offers MetaTrader 4 trading. To trade on Xforex using MetaTrader 4 a minimum deposit of $1.000 is required instead of the regular $100 for the normal trading platform.

Xforex customer service

Forex offers customer support in the form of email, live chat, direct phone line and fax in more than 38 languages including English, French, German, Mandarin Chinese, Spanish and Russian. The customer service is know for quick and effective responses.

Xforex reliability

Xforex has a long and expanded track record considering consumer trust and reliability as it transacts thousands of transactions globally ever day for over ten thousand traders world wide.

Xforex commissions and spreads

Xforex offers fixed spreads and charges no hidden commissions or fees. Because of this, you as a trader know exactly how much each trade and/or transaction is going to cost. It’s easy to strategically trade news-events this way, if that is your preferred trading method.

Xforex bonuses and promotions

Forex offers different bonuses to its traders. First of all there is the $25 free no deposit required bonus with which traders can try the Xforex platform out for free with using real money. Xforex also offers several first deposit bonuses depending on the height of the first deposit made. From time to time Xforex has bonuses on deposits for its existing clients. Check out the promotions page on their website to find out if there is any bonus or promotion currently running or active.

Xforex review conclusion

Xforex is a solid broker. The possibility to trade so many different forex pairs against such a low, fixed spread is what makes Xforex truly unique to trade forex with online. The Xforex trading platform is stable and transparent and the option to trade with MetaTrader 4 extends the wide range of it’s assets and financial products. Recently Xforex added gold and silver markets to their asset portfolio thereby making it a better choice as forex broker than most forex-only online brokers.

✓ Free no deposit required welcome bonus of $25

✓ Invest from as low as $1 per trade

✓ Trade forex on Xforex’s MetaTrader4 integrated platform

✓ Reliable and regulated forex and precious metal broker

✓ Available in 38 languages


Register for free and claim $25 welcome bonus


  • $25 no deposit required welcome bonus
  • High first deposit bonus of up to $6,000
  • Possibility to trade with MetaTrader 4


  • Not to much assets


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I hereby declare this review to based on my own experience trading with this broker and I did not reseve compensation in any way submitting this review

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