With this company the average cost went down a bit compared to my another broker where I trade. It’s not magic, but when you do many trades, even small difference is noticeable... of course around big... See more
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See what reviewers are saying
This broker is really taking trading crypto currencies seriously. This is my personal impression after spending three months on their platform. They are allowing trading at cTrader platform, which i... See more
When I started verification, my ID wouldn't upload correctly. Contacted support and they sorted it out within minutes. I reached out a few more times later and they always replied fast and was not wai... See more
Scalping on demo was smooth, live had a couple hiccups as expected. Support said it's normal and went into the exdecution orderbook and latency added on live, which I thought was more professional res... See more
You should know
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Replied to 100% of negative reviews
Typically replies within 2 weeks
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Comfortable with the mt4
Both MT4 and 5 are available. I stuck to the MT4 becuase i have more tools on it. As a long time MT4 user i highly rate their MT4 for running EAs and scripts
Fare spreads
Fare spreads. Very satisfied with services provided. Waiting for a Netting MT5 account (only Hedge Accounts are available). Everything else is perfect!
Complete asset classes
It has forex, cryptocurrency, stocks, indices, commodities, and metals, which are all the assets I wish to see on my screen. I don't have a reason to open an account elsewhere yet
Pros: has all assets I need
Cons: still good for now
Xbtfx, rebate
True referral policy, invited 2 people and got rebate from the commission
My main reasons
My main reasons for trading here are the fast order execution and free withdrawal
Pros: it also has multiple ways of withdrawing
Cons: it provides mainly CFDs though it is not an issue for me
Pricing
The pricing is open and there are no hidden charges. It charges 0.075% as cryptocurrency fees and $7 for every round lot as forex and CFD fees on the ECN account. I prefer the stable commissions to the charges from spreads. The spread charges are variable since it offers variable spreads for the standard account. No commission is charged on a standard account.
referral
I got referred by a friend who trades here and I have also referred someone else after I joined. xbtfx is doing a good job in the trading industry. It only needs to keep improving and make sure its services do not go archaic
Metatrader 4 & 5
While everything was good here in the past, I really could not benefit using xbtfx because they only had MT5. Now that they have MT4, I have been trading with them. I’m finding their MT4 has better execution than my other broker and their management interface is very useful. You have to exchange to USD to transfer funds into mt4. If you use stables the conversion is 1 to 1 so it’s acceptable .
Pros: Interface, platforms and reliability
Cons: The transfer process to fund MT4 is sometimes a bit annoying
Extremely gladmt4 they now have MT4
Extremely glad they now have MT4
It has been okay
Withdrawals are processed on the same day so far, no withdrawal fee is charged, and the general trading cost is low. I am going to become a big and more experienced trader soon with a lot of trading balance to trade with.
Pros: no withdrawal charges, the platform is also easy to use
Cons: I would have said there is no mt4 but the broker now has that.
Mt4 has been added
I recently learnt that the broker has added an MT4 platform. I couldn't use an MT4 when I started months ago, had to get used to trading with an MT5 which didn't seem so familiar at first but I switched with time. I am comfortable with the MT5 for now and will continue with it.
support and MT4 enquiry
helpdesk replies on weekends too, which means inquiries can be made at any point in the week. please when will the broker have an MT4? I have seen that it has appeared with an upcoming tag on the website
I don't have issues for now
trading here since last year. I used the demo account for a while to test trading conditions and opened a live account when I got more confident to trade with the broker. I have recommended two more people since I have started.
Crypto and stocks
Broker has many trading varieties and it meet my needs. Presently on the BTC/USD buy position, I entered the position around $30,000 and I wanna hold it for a long time. I don't think it can break below $26,000 anytime soon. I hold some NASDAQ and NYSE stocks too.
Education; analytics
Who follows the crypto market analytics on the website. They have been informative. I go through them as soon as they are released. Apart from informing one about what has happened in the market, it also shows the future of the market and helps one to know how to read through the charts.
well designed broker
nice site ad personal area. support chat is really helpful. I've had a problem when my trades doubled. support team help me undestood that it's becasue of the VPS that i've ordered. Kudos to the team!
Newsroom is inactive
Trading here from last Summer and still have great experience. Wondering why the company news section is inactive
It's a good choice to trade
Good broker with tight spreads. I wich VPS was faster for HFT. For now it's about 4ms. So for now this broker is for manual trading
Quick withdrawal
I get my BTC on the same day I process the withdrawal. This realiability is imporatant. I have used other brokers that accept BTC and they take way too long to wihdraw.
Good Broker
With tight spreads, MT5 platform, a good web trading platform, XBTFX has been able to offer me forex, crypto, and shares trading services, and taking trades here has been fine. I will drop more reviews when I can, probably when I notice some weaknesses of the broker.
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