One interesting fact about the broker it does not mention offering commodities at all. With these instruments, it is possible to trade all major markets of cryptos, stocks, and FX pairs from xtreamforex review one platform and do this with low spreads and acceptable trading conditions. As we have mentioned in our previous reviews there are two things we see about revisiting the Forex brokers.

The mobile app allows you to access the Economic Calendar and online market news. It also has Internal mail alerting you of any updates, full management of the trading account, and a detailed trade window. Customer support is one of the most important things to check before registering with a new broker. Our XtreamForex opinion about its customer support has improved since the broker introduced call-back and live chat options.

• Any rates, terms, products and services on third-party websites are subject to change without notice.
• This includes pros, cons and an overall rating based on our findings.
• We assume it should be between the 0 – 0.2 pips range which is great.
• The Micro and Standard accounts have spreads from 1 pip but do not charge any commission as all costs are already included within the spread mark-up.
• They are operated by Xtream Markets Ltd and registered in the Marshall Islands.

XtreamForex provide clients with one of the most popular and powerful forex trading platforms, MetaTrader. There is a choice between the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. It also has its own built-in MetaEditor programming interface where users can develop their own customised indicators, scripts and EAs. There is a strategy tester for back testing EAs over historical data and large online MQL community where users share ideas and tools. XtreamForex is committed to providing reliable forex trading services for all clients, both retail and institutional, irrespective of the size of their investments or trading experience. The company’s vision is to grow to be a leading forex broker that takes pride in offering the most professional pricing and services to forex traders.

We provide broker reviews and ratings to help users find a suitable broker according to their own needs. However, you must do your own due diligence and make your own decisions when choosing a broker. This compensation should not be seen as an endorsement or recommendation, nor shall it bias our broker reviews. Any rates, terms, products and services on third-party websites are subject to change without notice. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation.

Does XtreamForex offer Islamic accounts?

It has grown to become one of the industry-leading trading platforms today. At XtreamForex, traders can buy and sell various financial instruments, which are spread across several asset classes. The Trading Products that XtreamForex offers include forex, indices, stocks, cryptocurrencies, commodities, and more. However, they do not quite compare to brokers such as RoboForex who have a much greater selection of over 12,000 instruments for you to choose from.

As I was withdrawing money from the my account, I was removed from the system and they said that I do not own the money anymore. I could not reach them anymore and as if I am not part of there system anymore. XtreamForex accepts clients from all over the world, excluding some countries where restrictions apply. Information regarding a business’s commitment to promoting ethical trade throughout their supply chain will be shown here, if applicable. We do not provide investment advice or solicitation of any kind to buy or sell any investment products.

For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings. We aim to help you find the best broker according to your own needs. Trade cryptos with some of the world’s most traded digital currencies such as Bitcoin and Ethereum via one trading platform. The position size calculator is a free tool that helps you to estimate the size of your trade to avoid excessive risk.

From the business

We have scanned fees (typical spreads) that XtreamForex charges when trading popular currency pairs, here is their breakdown in pips. In all dealings, I see sincerity and compassion for me as a consumer. The easy deposit & withdrawals gives me a reason to do trading on their platform. I would like to recommend it to the beginners because their user interface is very friendly. The brand’s technical support team impressed me with how well they helped me with initials, deposits, and withdrawals.

XtreamForex Deposit and Withdrawal

Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey. We have over 20 years of experience when it comes to trading online so we know what to look for. XtreamForex claims to have 0 spreads, and average 0.1 spread for EUR/USD currency pair. The page dedicated to the currency pairs show that the spread for EUR/USD is 1.2, and the typical spreads for other currencies are much higher. These spreads and commissions are all within the industry average which shows excellent improvements from the broker. It’s an Instant deposit of the fund at the same time to your MT4 account.

XtreamForex

In accordance with our research, XtreamForex is an offshore unregulated broker. This alone does not mean it is a scam, but you should be even more careful with such a provider than with a regulated broker. In order to be sure that XtreamForex is not a scam, read our trader reviews and check other popular trading related websites and forums.

You can also get a free VPS from other brokers including Eurotrader. As long as you meet the brokers criteria (e.g. client of a Muslim faith), you may be eligible for a swap free account. In order to get a swap free account, you just need to open an account as usual and send an email to customer support to request the swap free account. A carry charge is applied on selected currency pairs when holding overnight positions beyond a 7-day period. The Company reserves the right to revoke the Islamic Account status granted to any trading account. I think that MetaTrader is one of the best trading platforms for users of all experience levels who want to analyse charts to find trade setups.

However, XtreamForex has no mention of complying with any Indian regulators on its website. The broker is not regulated by any regulatory body in India, that’s why money safety may be the issue here. XtreamForex has improved in several key directions since our last review. Currently, the broker is on the way to becoming an excellent regulated broker with its attractive spreads and fees. All these instruments can be traded on the MT4 and MT5 platforms. The broker has a platforms section on the website where traders can select their devices or system and download the right version of MT4 and MT5 platforms.