摘要: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.
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 | |
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 | Cons |
MT4/MT5 platform | Inaccessible website |
Popular payment options | No regulation |
Limited tradable asset classes | |
No demo accounts | |
Wide spreads | |
High minimum deposit requirement |
No. XPOFX currently has no valid regulations. Please be aware of the risk!
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 | ❌ |
Here are four account types XPOFX offers:
Account Type | Min Deposit |
Standard | $500 |
Gold | $1,000 |
Platinum | $5,000 |
Classic | $10,000 |
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.
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 |
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 |
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.