Score
Antigua and Barbuda
|
5-10 years
| https://xbtfx.io/
Website
Rating Index
MT4/5
Full License
XBTFX-MetaTrader5
Influence
C
Influence index NO.1
Guernsey 3.61
MT4/5 Identification
Full License
United KingdomInfluence
C
Influence index NO.1
Guernsey 3.61
LicensesLicensed Entity：XBTFX (SC) Limited
License No. SD169
Single Core
1G
40G
1M*ADSL
Antigua and Barbuda
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
WikiResearch
xbtfx.io Germany
VIP is not activated.
| XBTFXReview Summary | |
| Registered On | 2019-05-22 |
| Registered Country/Region | Antigua and Barbuda |
| Regulation | Regulated |
| Market Instruments | Forex, Energies, Stocks, Cryptocurrencies, Precious Metals, and Indices |
| Demo Account | / |
| Leverage | Up to 1:500 |
| Spread | From 0.01 pips |
| Trading Platform | MT5, cTrader (Desktop, Mobile, and Web) |
| Min Deposit | $10 |
| Customer Support | Tel: +44 2038079081 |
| 24/7 Chat Support | |
| Facebook, Twitter | |
| Ekzarh Yosif 9, Burgas, 8000, Bulgaria | |
Founded in 2019, XBTFX is an international platform specializing in Contract for Difference (CFD) trading. It covers multiple asset classes such as forex, cryptocurrencies, precious metals, energies, and stock indices, and supports two major trading platforms, MetaTrader 5 (MT5) and cTrader. XBTFX is suitable for traders seeking low entry barriers, high leverage, and diversified assets, including novice traders and professional investors.
| Pros | Cons |
| Regulated | Differences in regulatory qualifications (XBTFX LLC) |
| Over 200 trading assets | Complex fee structure |
| Flexible account types | No information on demo accounts |
| Islamic accounts available (no overnight interest) | |
| Leverage up to 1:500 | |
| MT5/cTrader available |
The Seychelles entity XBTFX (SC) Ltd holds an FSA securities dealer license (SD169), falling under the category of formal regulation. The Antigua entity XBTFX LLC does not require a local financial license, resulting in lower regulatory transparency.
XBTFX offers over 400 trading instruments, including forex, cryptocurrencies, precious metals, energies, stocks, and indices.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Energies | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ✔ |
| Precious Metals | ✔ |
| Indices | ✔ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
XBTFX LLC offers ECN and Standard accounts, while XBTFX (SC) Ltd provides ECN and ECN GOLD accounts.
| Account Type | ECN | Standard | ECN GOLD | Islamic |
| Commissions | from $2.75/lot/side | Zero | from $2.5 lot/side | from $2.5 lot/side |
| Spread from | 0.01 pips | 1 pip | 0.01 pips | 1 pip |
| Minimum Deposit | $10 | $10 | $25,000 | $25,000 |
| Deposit Fee | Zero | Zero | Zero | Zero |
| Withdrawals | Same Day | Same Day | Same Day | Same Day |
| FX, Commodities & CFDs fees | $2.75/lot/side | Zero Commission | 0.05% per deal | 0.05% per deal |
| CryptoCurrency fees | 0.05% per deal | Zero Commission | Zero Commission | Zero Commission |
| Share CFD, per share | USA: $0.10, EU, ASIA: 0.45% | USA: $0.10, EU, ASIA: 0.45% | USA: $0.10, EU, ASIA: 0.45% | USA: $0.10, EU, ASIA: 0.45% |
| Spreads | From 0.01 pips | From 1pip | From 0.01 pips | From 0.01 pips |
| Leverage | Up to 1:500 | Up to 1:500 | Up to 1:500 | Up to 1:500 |
| Islamic Account Option | ✔ | ❌ | - | ✔ |
| Micro Lot Trading (0.01) | ✔ | 76 | 76 | 76 |
| Automated Expert Advisor trading | Yes, Encouraged! | Yes, Encouraged! | Yes, Encouraged! | Yes, Encouraged! |
| Trading Styles Allowed | All | All | All | All |
The ECN account offers spreads as low as 0.01 pips, while the Standard and Islamic accounts charge zero commission.
| Account Type | Minimum Deposit | Commission | Spread |
| Standard | $10 | 0 | From 1 pip |
| ECN | $10 | $2.75 per lot/side | From 0.01 pips |
| ECN GOLD | $25,000 | $2.5 per lot/side | From 0.01 pips |
| Islamic Account | $10 | 0 | From 1 pip |
While the XBTFX review didn’t go into specifics about the exact withdrawal methods, it does mention that they process withdrawals on the same day, which gives me confidence in their withdrawal process.
According to my XBTFX review, the minimum deposit to open either a Standard or ECN account is just $10, which is super low and great for beginners. However, if you’re considering the ECN GOLD account, you’ll need a much higher deposit of $25,000.
From what I’ve seen in my XBTFX review, the main benefits are the wide variety of tradable assets—everything from forex to cryptocurrencies—and the ability to use leverage of up to 1:500. Plus, the fact that they offer Islamic accounts is definitely a bonus for certain traders.
Unfortunately, my XBTFX review didn’t mention whether or not they offer a demo account. I’d suggest contacting their support team directly to clarify if that’s available.
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Anatoli
Ukraine
I am a first time user of cTrader, and need to note that this platform rocks. When I realized that there is an option for detachable charts, it was one of my “wow” moments. I love it.
Positive
Jimmy
Hong Kong
Advanced functionality and no intermediaries. That’s what I need. In addition, the broker offers transparent pricing and really fast execution when requotes are extremely rare.
Positive
民众
India
Nothing to complain. I have been using XBTFX services for about six months. I can rate the quality of service at 5 stars. The servers are working stably, and technical support quickly processes questions.
Positive
安稳随性
Malaysia
So far my experience here is not bad, I opened a standard account for only $10. The spread is not too high, the trading platform is very friendly, and you can choose between mt4 and mt5. The best thing is, of course, their customer service. The online chat support is really attractive to me. No matter if I have any trading questions, they will be very warm and friendly to answer for me patiently.
Positive
hy
Singapore
Only news is traded on my account, and from what I've seen, slippages on xbtfx are rather small. Effective for on news trading. Advantages include quick news updates and simple one-click trading on MetaTrader.
Positive