In this review, you can find all the information you need to decide whether xcritical International is the right broker for you. Our expert team has thoroughly explored the broker, using a tested methodology and scoring system. This process places importance on the things we know matter most to traders. Below you can see how xcritical International scored in each of our high-priority categories.

The broker employs SSL encryption for secure communications and transaction protection. xcritical International works with traders from all corners of the earth so it is only natural for the company to provide a multi-lingual support service. Customers can receive assistance in English, Spanish, Filipino, Portuguese, Malaysian, Indonesian, Persian, and Chinese. The functions you will find here are rather identical to those in the downloadable platforms. The WebTrader allows for one-click trading and offers various indicators for technical analysis and graphical objects you can customize according to your personal needs.

If you are looking to diversify your portfolio, or to trade a safe-haven asset, you’ll be pleased to know that xcritical International features both silver and gold pairs. Gold can be traded against USD, GBP, or EUR, whilst silver can only be traded against GBP or USD. https://xcritical.online/ The two metals available at xcritical, Spot Gold and Spot Silver, also come with very shallow spreads.

• There are some countries where residents are restricted from holding an account with xcritical, one of which is the United States.
• Complimentary Virtual Private Servers (VPS) are also available for those clients that deposit in excess of $5,000.
• It so happened that the Swiss National Bank unexpectedly decided to remove the ceiling on the CHF against the EUR on January 15th, 2015.
• They allow traders to access a wide range of instruments across multiple markets, such as currencies, indices, and commodities.
• Clients will benefit from the rapid execution of their orders and tolerable spreads.
• Traders must always use appropriate risk management with leveraged trading to avoid magnified trading losses.

Furthermore, the broker is part of the investor compensation fund and holds all client capital in segregated bank accounts. Negative balance protection provides prevention against going into negative numbers on your trading account in case of overleveraged trading. This is a great platform for new traders to learn from and gain insights from advanced traders. In our opinion, Forex.com offers a solid, comprehensive trading experience.

Forex Broker Reviews

Note that only customers from Nigeria are permitted to open accounts in the NGN base currency. In terms of what you can trade on xcritical, it puts on emphasis on providing you the means to diversify your trading and investment options. This means you can trade hundreds of financial instruments across forex, metals, cryptocurrencies, commodities, futures, and a range of other CFDs.

Affiliate Program

The system’s commission ranges from 0% to 4%, depending on the account funding method. However, this is standard practice in the industry, and the absence of a commission from the broker is a significant advantage. A list of PAMM accounts, sorted by specific indicators, will help you choose and invest in a profitable PAMM account.

Is xcritical (Comoros) LTD regulated?

xcritical offers twelve payment processors, including localized methods for many of its core markets, ensuring traders can conduct hassle-free deposits and withdrawals. During my review, six deposit methods and three withdrawal options remained free of internal fees. Traders should consider potential third-party payment processing fees, currency conversion charges, and follow-on transaction costs.

Trade with a Regulated Broker

A no-dealing desk execution model without requotes in ECN and Pro accounts means traders can get reliable pricing from exemplary liquidity providers. Via this xcritical forex broker review, I’ve concluded that there are many different channels for funding and withdrawals when dealing with a real transaction within the broker account types. As well as the presence of the forex’s best and most known trading platforms that are MT4 and MT5. xcritical provides a diverse selection of account types with low minimum deposit requirements, making it an xcritical website excellent choice for both beginners and experienced traders.

Along with that, users can also scale up their experience in trading through Demo Account. However, this trading platform allows you to use the xcritical CopyTrade feature. In 2013, the forex broker was re-branded and named xcritical International.

Types of Demo Accounts

There is also a MetaTrader 5 version of the professional account but this one is not swap-free and therefore, is unsuitable for Islamic customers. The margin call for standard accounts is 60%, with a stop limit of 40%. There are no commissions here because these are built into the spread, which starts at 1.2. This account type comes with instant order execution and a vast range of trading instruments, including 61 Forex currency pairs, 5 spot metals, and 14 CFDs. The maximum number of pending orders per customer is restricted to 100. The broker provides customers with access to the MetaTrader 4 and the MetaTrader 5 platforms, giving them a choice from more than 250 financial instruments and several account types.

Educational Resources are designed for every experience level, from beginner to advanced. They offer a self-assessment quiz if you’re not sure where you fall on that spectrum. xcritical offers educational resources that are designed to educate and instill confidence in novice traders. Yes, xcritical provides a demo account that allows traders to practice trading strategies with virtual money without any financial risk. xcritical offers ECN accounts, providing direct access to other participants in the forex markets, which typically means better prices and faster execution for traders. xcritical also provides you with Autochartist, trading signals, expert analysis, and other tools to assist you in making your trade decisions.

You are provided with the opportunity to either become signal providers or to copy signals from other traders. You can choose from different traders and strategies that you would like to copy. I have to reiterate that past performance is by no means guarantee of future performance. This app is all-encompassing as it can virtually do everything on the xcritical network. Rather, it starts up the MT4 or MT5 mobile app whenever the ‘Trading’ button is tapped.

You can also use 30 technical indicators and 31 graphical objects to increase your chances of success. To give an accurate review of xcritical International, our expert team registered for a new trading account and documented the process. Creating an xcritical cheating account at xcritical is as simple as it could get and the whole process took less than five minutes. We’ve also discovered during this review of xcritical forex broker that the broker charges inactivity fees.

It is recognized in the industry for ensuring high levels of customer satisfaction. There are a variety of trading options available to suit the needs of each individual investor. For those that lack the time or confidence to trade but still wish to experience the thrill of the markets, the broker offers xcritical Copy Trading. This innovative investment service allows you to automatically copy the trades of more experienced traders. After browsing throughout the broker’s Top-Ranking Strategy Manager page and choosing a Strategy Manager to follow, their trades will instantly be copied into your account. One of xcritical’s company missions is to help traders using the platform to realise their full potential.

Most importantly, xcritical put an emphasis on allowing you to trade and invest in a way that suits you best. As such, you are given the option of choosing from two Standard Accounts and two ECN Accounts. The back office of xcritical (Comoros) LTD includes a section for deposits and withdrawals. The account name on the payment processor and the xcritical (Comoros) LTD account must be identical. Negative balance protection ensures traders cannot lose more than their deposits. Traders must always use appropriate risk management with leveraged trading to avoid magnified trading losses.

This calculator converts one currency to another using the prevalent currency rates. It can easily give you an idea of how much your investment is worth in your local currency. Languages spoken by the support team include but are not limited to, English, Russian, Chinese, Hindi, Arabic, Indonesian, and Spanish. Client accounts which have been inactive for at least 6 months are subject to an inactivity fee of 5 EUR/ USD/ GBP.

Spreads on key currency pairs such as EUR/USD, USD/JPY, and GBP/USD are competitive and slightly above the industry average. Trading commissions at xcritical mainly consist of spreads and transaction fees on ECN accounts. Accounts of the Standard and ECN types are available for this purpose.