Can XtreamForex be trusted? This review will let you know

XtreamForex Customer support is available 24/5 during market opening times via email, telephone and live chat. The broker believes in building long-term relationships with clients and all the people who work with them. I have had a hit and miss experience with the support team to be fair. Sometimes they are really quick and helpful, other times they have been quite slow to respond and not answered my concerns.

You can have up to 5 trading accounts, according to the brokers policy. In order to open an additional account, you need to login to the Client Area, click on “Add a New Account” and then choose the account type, base currency and leverage. You can manage multiple accounts by using the MT4 MultiTerminal platform, which you can request by sending an email to customer support.

• The brokerage is operated by the company Grand Investing Ltd, which is registered in the Marshall Islands.
• TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation.
• As broker claims, withdrawal requests are processed on the same day but it might take 2-4 business days for the trader to receive the money.
• A Forex trading platform is online software that authorizes traders to enter the foreign exchange market.

Generally speaking, the combined spread and commission fees are very competitive and inline with what many other brokers provide. That being said, most of you can probably more than get by with the plethora of trading tools that are already included within the MetaTrader platforms. They are absolutely stacked with excellent tools for conducting detailed market analysis. Not to mention, you can get loads more in the MQL marketplace and can even develop your own tool in the MQL language. If you don’t have the coding skills, the MQL freelancer website can be a great place to get someone to do it for you.

Review Methodology

I have used the platforms for many years and find them ideal for manual and automated trading with minimal hassle. The desktop version of the platform has all of the features and functionalities. The web version can run directly in your web browser without needing to download or install any software and is always up to date which is great. The MetaTrader app is ideal for conveniently keeping track of your account and following the market news from your mobile devices. I have bever felt the need to switch to another platform is it does everything that I need it to and much more.

• I simultaneously run multiple instances of the MetaTrader platforms to test my expert advisors on different broker accounts to see how they perform.
• This is especially useful for traders that run automated systems around the clock and those who don’t have reliable internet connections at home.
• Generally speaking, the combined spread and commission fees are very competitive and inline with what many other brokers provide.
• XtreamForex offers all the necessary tools that you need to enhance your trading experience.

Such a pathatic customer services, Even I request to close my account and refund my amount in to my account they are not responding at all. We aspire to be the leading Forex service provider to Forex Traders worldwide. We are constructing our path towards a successful, bright, and secure future for our company and are truly committed to building long-term relationships with our clients. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments.

Meta Trader 5

XtreamForex offers a robust Metatrader (MT4) forex trading platform. Desktop Trader is an award-winning Operating system for desktop-based devices used by millions of people worldwide. The broker has social media accounts on almost every platform – Facebook, Instagram, Twitter, LinkedIn, and even Pinterest. According to the Facebook page, it was created in February but the name of the page was Uniglobe Markets Asia but was renamed to XtreamForex in one year.

What does the broker offer

To withdraw funds from your trading account you need to go to the Fund Transfers section, then choose Withdraw Funds, fill in the form and submit it. It must be strongly emphasised that there are no guarantees on performance when copying signals and past results are by no mean any indication of future results. You should have a clear understanding of the significant risks involved before trading online. I don’t want to rely on and potentially blame someone else should things go wrong. A Virtual Private Server (VPS) is a remote service that works autonomously. A VPS runs virtually imitating devoted server environments within a large Servers.

The Trustpilot Experience

The broker has decent trading conditions including tight spreads and low fees. You can choose from flexible account types, versatile funding options and get access to some trading tools, a trader’s academy and signal copying service. Despite this, they are not currently regulated which may deter some traders. XstreamForex is an online brokerage firm that gives traders around the globe access to trade in various asset classes including Forex, Cryptos, Indices and Stocks.

It is a minor hiccup but I do consider customer support to be up there with regulation when it comes to my broker reviews. As long as you meet the brokers criteria (e.g. client of a Muslim faith), you may be eligible for a swap free account. In order to xtreamforex get a swap free account, you just need to open an account as usual and send an email to customer support to request the swap free account. A carry charge is applied on selected currency pairs when holding overnight positions beyond a 7-day period.

As we have mentioned in our previous reviews there are two things we see about revisiting the Forex brokers. Either the broker goes extinct or they improve their services and fees. In XtreamForex’s case, the improvements are clear and positive which is very good for their clients. XtreamForex provide clients with one of the most popular and powerful forex trading platforms, MetaTrader.

I submit the withdrawal, Its gets delayed and then upon follow up the withdrawal got processed and also they remove my existing balance of the trading account and open XAU/USD trade positions profits. They send me email that i break their terms and conditions thats why they did like this. I replied them back to tell me what kind of terms and conditions i break? If i break then you should write that along with proofs.Now i want my balance of $1090 USD and trade profit of $300.

I would personally go for the ECN Pro account as it has the lowest spreads which is important for my strategies. I would like the VIP Account but I feel the minimum deposit is quite high, especially for an unregulated broker. You can get access to zero spreads with low commission fees from XM Group with a minimum deposit of just $5. They are also regulated and one of the best brokers in the industry in my humble opinion.

XtreamForex provide free demo accounts where you can practice your trading strategies on the different trading platforms. In order to open a forex demo account, you have to fill in the online registration form here. As soon as you finish the registration process, your account details will be sent to your email and you will get $100,000 in virtual money to trade with.

I think demo accounts are a great way for you to trial the broker and see if they have suitable conditions for your strategies before making a commitment. The broker also offers crypto, stock, and indices, however, as mentioned above the information about those is not available on the website. XtreamForex broker offers to trade on  MT4 trading platform and claims to be the best MT4 Forex broker, it also claims to have an award for the best brokerage and tight spreads. Unfortunately, there is no information about these awards which could mean that there is no real award given to the brokerage.