xDirect Spreads, leverage, minimum deposit Revealed
WikiFX | 2024-12-18 17:21Abstract：xDirect is an unregulated financial services provider that offers Contracts for Difference (CFDs) on various assets, including spot metals, commodities, indices, and a wide range of currency pairs, including exotic ones like the Chilean Peso, Brazilian Real, Polish Zloty, and more. The company provides access to well-known trading platforms like MetaTrader 4 (MT4) and the web-based xStation platform, along with mobile versions for on-the-go trading. While the website offers spreads as low as 0.1 pips for PRO+ and PRO accounts, and 1.2 pips for STANDARD accounts, it's important to be cautious as there is no information available about their regulation.
Note: xDirect's official website: https://xdirect.group is currently inaccessible normally.
| xDirect Review Summary | |
| Founded | 2000 |
| Registered Country/Region | Vanuatu |
| Regulation | Suspicious Clone |
| Market Instruments | Metals, commodities, indices, and forex |
| Demo Account | Not Mentioned |
| Leverage | Up to 1:400 |
| Spread | From 0.1 pips |
| Trading Platform | Meta Trader 4 |
| Min Deposit | 100 USD / 3000 UAH |
| Customer Support | Facebook: https://www.facebook.com/xDirect.UA |
xDirect Information
xDirect is a financial services provider that offers Contracts for Difference (CFDs) on various assets, including spot metals, commodities, indices, and forex. The company provides three account choices with high leverage up to 1:400 and spreads starting from 0.1 pips through Meta Trader 4. However, the official website is inaccessible.
Pros and Cons
| Pros | Cons |
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Is xDirect Legit?
xDirect has a Retail Forex License regulated by The Vanuatu Financial Services Commission (VFSC) in Vanuatu with a license number of 14652. But it is a Suspicious Clone.
| Regulatory Status | Suspicious Clone |
| Regulated by | The Vanuatu Financial Services Commission (VFSC) |
| Licensed Institution | Xeta Direct Ltd |
| Licensed Type | Retail Forex License |
| Licensed Number | 14652 |
What Can I Trade on xDirect?
xDirect offers many tradeable assets, mainly including metals, commodities, indices, and forex.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Metals | ✔ |
| Indices | ✔ |
| Cryptocurrency | ❌ |
| Shares | ❌ |
| Stock | ❌ |
Account Type
xDirect offers three trading accounts:Pro+, Standard, and Pro.
| Account Type | Minimum Deposit |
| Pro+ | 1000 USD / 30000 UAH |
| Standard | 100 USD / 3000 UAH |
| Pro | 100 USD / 3000 UAH |
Leverage
xDirect provides traders with a maximum leverage of 1:400.
xDirect Fees
xDirect offers different choices of spreads and commissions for different accounts. You can refer to the table for details.
| Account Type | Spreads | Commission per Lot |
| PRO+ | From 0.1 pips | 8 USD |
| PRO | From 0.1 pips | 12 USD |
| STANDARD | 1.2 pips | 0 USD |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MetaTrader4 platform | ✔ | PC and Mobile | Investors of all experience levels |
Deposit and Withdrawal
xDirect requires a minimum deposit of $100.
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