Extrait:XFINANCES is the trading name of FINEX GROUP LTD, a UK registered Forex broker that offers clients a wide range of tradable financial instruments with leverage up to 1:500 and a floating spread of 1.6 points on MT4 and web-based trading platforms through four different real account types.
XFINANCES Review Summary | |
Founded | 2-5 years |
Registered Country/Region | United Kingdom |
Regulation | Unregulated |
Market Instruments | Forex, Stocks, Commodities, Indices and Cryptocurrencies |
Demo Account | Available |
Leverage | 1:500 |
Spread | 1.6-1.9 pips |
Trading Platform | MT4 |
Min Deposit | N/A |
Customer Support | Phone: +448938906785 |
Email: contact@xfinances.com | |
Address:173 Latchmere Road, London, United Kingdom, SW112JZ |
XFINANCES is the trading name of FINEX GROUP LTD, a UK registered Forex broker that offers clients a wide range of tradable financial instruments with leverage up to 1:500 and a floating spread of 1.6 points on MT4 and web-based trading platforms through four different real account types.
Pros | Cons |
Demo accounts available | Unregulated Status |
MT4 supported | Website inaccessible |
XFINANCESis unregulated right now.
XFINANCE offers traders services to trade Forex, Stocks, Commodities, Indices and Cryptocurrencies.
Tradable Instruments | Supported |
Commodities | ✔ |
Stocks | ✔ |
Forex | ✔ |
Crypto currencies | ✔ |
Indices | ✔ |
bonds | ❌ |
Binary Options | ❌ |
Mutual Funds | ❌ |
Futures | ❌ |
XFINANCES offers 4 types of trading accounts, Professional, Micro and Gold, EUR or USD, based on two currencies USD and EUR.
The default leverage provided by XFINANCES is 1:100, but you can request that it be changed to 1:500 on the client side.
The EUR/USD spread for XFINANCES is around 1.6-1.9 points
MetaTrader4 is a popular one chosen by XFINANCES to serve clients.
Trading Platform | Supported | Available Devices | Suitable for |
MetaTrader4 | ✔ | Windows, MAC, IOS, Android | Investors of all experience levels |
XFINANCES only offers credit/debit cards, bank transfers, e-wallets, such as Skrill and Neteller, and a digital currency platform Uphold as payment methods.
The deposit and withdrawal fees are a little high. Credit/debit card deposits are 3.75% + $0.50, Neteller 3-3.5%, Skrill 2.5%, and stand at $15. Withdrawal fees are $10 for credit cards, $15 for bank cards, €35 for European SEPA bank transfers and €50 for Global SWIFT.
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