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Score
Cayman Islands
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Expose
Exposure
Score
Regulatory Index0.00
Business Index6.71
Risk Management Index0.00
Software Index4.00
License Index0.00
Single Core
1G
40G
General Information & Regulation
XbtFxTrade was founded in 2009 by a group of professionals with deep backgrounds in finance, forex, and technology to help investors pursue their financial goals, providing them with a transparent trading environment and a robust trading platform. xbtFxTrade's official website does not show any valid regulatory information.
Market Instruments
XbtFxTrade offers investors over 180 financial instruments, including 40 Forex currency pairs and a large number of CFDs for commodities, indices, and stocks.
Minimum Deposit
XbtFxTrade offers four different trading accounts on its platform: Fort (minimum initial deposit of $600), Flex (minimum initial deposit of $2,000), Star (minimum initial deposit of $3,000), and Pro (minimum initial deposit of $7,500).
Leverage
When it comes to trading leverage, the maximum leverage level offered by XbtFxTrade for forex trading is up to 1:500, which is considered high. Since leverage, can amplify both profits as well as losses, inexperienced traders are not advised to use high trading leverage.
Spreads & Commissions
The official website of XbtFxTrade claims that the spreads on Forex currency pairs are as low as 0 pip but does not provide specific information on the spreads of any financial instruments.
Trading Platforms
XbtFxTrade claims to offer traders an MT4/MT5 trading platform, but no information is shown on its website, which is probably just a false advertisement.
Deposit & Withdrawal
XbtFxTrade supports traders to deposit and withdraw funds to and from their investment accounts via VISA, MasterCard, wire transfer, Skrill, PayPal, China UnionPay, and Neteller.
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