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XForex Broker: Closed

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XForex reviews
  • Website: www.xforex.com
  • Founded: 2003
  • Headquarter: Limassol, Cyprus
  • Regulation: CySEC (#124/10) • ASIC (#ACN 140 899 476) • FCA • [XForex regulation]
  • Note: XForex.com is trading name of OCM Online Capital Markets Ltd

International offices –
Broker Type Market maker
Broker Status Independent Broker
Accept U.S Clients No
Live Chat Yes Chat now
Phone +61 2 90372997
Fax 44 203 051 6306
Email [email protected]
Website Languages Arabic, English, French, German, Italian, Russian, Spanish, Swedish, Turkish

 

Account Information

Free Demo Account Yes
Min. Deposit
  • $100 – standard account
  • $1,000 – premium account
ECN account No
Account Currencies USD
Maximum Leverage 400:1
Minimal Order Volume 0.01
Segregated accounts XForex
Swap-free Accounts Yes
MAM/PAMM accounts No
Managed account No
Interest on margin No
Deposit/ Withdraw Options Bank Wire • Visa/ Mastercard • Western Union

 

Trading Terms

Trading Platforms Xforex
Precision pricing 4 digits
Type of Spread Fixed
Commission no
Lowest spread on EURUSD 3 pips
Scalping Yes (Monitored)
Hedging Yes
Expert Advisors No
One-click execution Yes
OCO orders Yes
Mobile Trading No
Web Trading Yes
Gold, Silver Yes
CFDs No
Other Trading Instruments No
Promotion Yes
Trading Contests Yes

 

What’s new

Jun 30, 2012: Add a listing for XForex.

Reader Interactions

Comments

  1. SUDEESH KUMAR S says

    July 19, 2013 at 4:16 pm

    Respected madam/Sir, I am a retired sergeant from Indian Air Force after 20 years of service. I was in hand with my service benefits when I came across the falls promises of xforex account manager ( an Indian in Australia) Ms Nancy Nagavkar from Maharashtra. She slowly slowly drained my amount insisting me to deposit amounts and offering 50 % bonuses of deposit. Initially she use to call frequently for deposits and offered some miserable trainings which I never understood. In total I deposited 3100$(USD).Which ever pair I invested it falls down and drained my funds. Even I invested according to their pop-up guidelines. Now I am left with only 30$ and no bonus in my account. After that she never called. The amount accounts to 1.8 lakhs INR which is my hard earned cash for serving the country for 20 years and around 1/3 of my retirement benefits in hand. I have complained several times in there site but nobody replied. Please help me to recover my 20 years benefits in pain and vain. I have requested them several times to return my money but no one even bothered to reply me.

    Reply
    • Trader says

      July 21, 2013 at 6:54 pm

      Well, you should be understand that Forex is high rewarded but also high risk business and traders must trade with careful. You can use other resource for trading preference but must not treat it as advisor, trading based on advice of others must never be included in your list.

      Once you fall and lost, you cannot claim others since it’s your own decision, you are the one who make final decision.

      But, based on what you said, I think you can add XForex to NOT RECOMMENDED list based on what they did, a broker representative must never call clients and giving things such as trading advices!

      It’s a good lesson for all of us!

      Reply
  2. saikiran says

    July 29, 2012 at 7:01 am

    its good and helps lot for marketing people

    Reply
  3. mukesh says

    July 20, 2012 at 3:27 pm

    i like this site , and want to know more about it , its good growing company and good satisfaction is provided to the coustomers

    Reply

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