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Hubblebit-Overview of Minimum Deposit, Leverage, Spreads

Xspeed Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-01-08 15:07

Abstract:Xspeed, a trading name of Xspeed FOREX LTD, is allegedly a forex and commodities brokerage company registered in London with a variety of tradable assets on the industry-standard MetaTrader5 trading platforms. However, it does not provide a safe environment for their traders as they is not regulated well and their website is inaccessible.

  Note: Xspeed' official website - https://www.xspeedfx.com is currently inaccessible normally.

Xspeed Review Summary
Founded/
Registered Country/RegionUnited Kingdom
RegulationUnregulated
Market InstrumentsCFDs on forex, popular metals, energies and commodities
Demo Account✅
Leverage/
Spread/
Trading PlatformMT5
Min Deposit/
Customer SupportTel: +852 51976649
Email: info@ttradefx.com

  Xspeed, a trading name of Xspeed FOREX LTD, is allegedly a forex and commodities brokerage company registered in London with a variety of tradable assets on the industry-standard MetaTrader5 trading platforms. However, it does not provide a safe environment for their traders as they is not regulated well and their website is inaccessible.

Pros and Cons

Pros Cons
Diverse tradable assetsUnregulated status
Demo accountsInaccessible website
MT5 availableLimited transparency and safety
Limited payment options

Is Xspeed Legit?

  No, Xspeed is unregulated. Besides, as of now, their website is not available so that traders have no access to learn about their transaction information. Therefore, it is not a legit broker!

No license

What Can I Trade on Xspeed?

  Xspeed offers trading in CFDs on forex, popular metals, energies and commodities.

Tradable Instruments Supported
CFDs✔
Forex✔
Metals✔
Energies✔
Commodities✔
Indices❌
Stocks❌
Cryptocurrencies❌
Bonds❌
Options❌
ETFs❌
What Can I Trade on Xspeed?

Trading Platform

  Xspeed gives traders MetaTrader5 trading platform, available on Windows, Linux, Mac Os, Android and iOS terminals. MT5 is fast, user-friendly and flexible, built in a convenient and user-friendly format and contains all advanced tools for trading including technical analysis tools, advanced trading orders and many possibilities for customizing charts.

Trading PlatformSupported Available Devices Suitable for
MT5✔Windows, Linux, Mac Os, Android and iOS terminalsExperienced traders
MT4❌/Beginners

Deposit and Withdrawal

  Xspeed accepts payments via bank wire transfers of HSBC, ICICI Bank, Bank of America, LLOYDS Bank, ING Bank and CHASE.

Related broker

No Regulation
Xspeed
Company name:Xspeed FOREX LTD
Score
1.44
Website:https://www.xspeedfx.com
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.44

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