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No Regulation
Score
1.54 /10
Danger
XPOFX
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Expose
Exposure
Time Machine
Website
Score
Regulatory Index0.00
Business Index7.23
Risk Management Index0.00
Software Index4.00
License Index0.00
Time Machine
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
open now
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Warning: Low score, please stay away!
Previous Detection :
2025-01-07
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
Note: XPOFX's official website: https://www.xpofx.com is currently inaccessible normally.
| XPOFXReview Summary | |
| Founded | 2015 |
| Registered Country/Region | Cyprus |
| Regulation | No regulation |
| Market Instruments | 20 currency pairs, precious metals |
| Demo Account | ❌ |
| Leverage | Up to 1:100 |
| EUR/USD Spread | From 4 pips (Standard account) |
| Trading Platform | MT4/MT5 |
| Min Deposit | $500 |
| Customer Support | Tel: +971 43552209 |
| Email: support@xpofx.com | |
XPOFX Information
Founded in 2015, XPOFX is an unregulated broker registered in Cyprus, offering trading on 20 currency pairs and precious metals with leverage up to 1:100 and spread from 4 pips on the Standard account via the MT4 and MT5 trading platforms. However, risk-free demo accounts are not available and the minimum deposit requirement to open a live account is as high as $500.
Pros and Cons
| Pros | Cons |
| MT4/MT5 platform | Inaccessible website |
| Popular payment options | No regulation |
| Limited tradable asset classes | |
| No demo accounts | |
| Wide spreads | |
| High minimum deposit requirement |
Is XPOFX Legit?
No. XPOFX currently has no valid regulations. Please be aware of the risk!
What Can I Trade on XPOFX?
Investors can trade over 20 currency pairs, as well as some precious metals products. XPOfx offers a slightly smaller variety of trading assets than most other brokers.
| Tradable Instruments | Supported |
| Currency pairs | ✔ |
| Precious metals | ✔ |
| Indices | ❌ |
| Stocks | ❌ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
Here are four account types XPOFX offers:
| Account Type | Min Deposit |
| Standard | $500 |
| Gold | $1,000 |
| Platinum | $5,000 |
| Classic | $10,000 |
Leverage
The maximum leverage level offered by XPOFX is up to 1:100, in terms of forex major pairs trading. Since leverage, can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders.
Spread
Spreads vary depending on various trading accounts. The Spread on EURUSD pair starts at 4 pips for the Standard accounts, 3 pips for the Gold account, 2 pips for the Platinum account, and 1 pip for Classic account, apparently much higher industry standard (1.5 pips).
| Account Type | Spread |
| Standard | From 4 pips |
| Gold | From 3 pips |
| Platinum | From 2 pips |
| Classic | From 1 pip |
Trading Platform
Like most traders, XPOFX offers traders the most popular MT4 trading platform on the market today, as well as the latest generation of MT4 - the MT5 trading platform. MT4 is highly respected by most traders around the world for its unparalleled charting package, a vast array of technical indicators, EA's and a large number of backtesting options.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | PC | Beginners |
| MT5 | ✔ | PC | Experienced traders |
Deposit and Withdrawal
The broker accepts payments via wire transfer, VISA, MasterCard credit cards, and e-wallets like Skrill, Neteller, Perfect Money, etc.XPOfx takes 1 day to process withdrawal requests.
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