The Official Website Of XCFD Cannot Be Accessed Normally At Present. It Seems That The Company Has Gone Out Of Business. Therefore We Can Only Gather Some Relevant Information For Reference Only.
Overview Of CFD
XCFD Is A Broker Founded In 2013 That Offers A Wide Range Of Trading Tools Including Forex, Stocks, Commodities, Indices And Binary Options. It Is Known For Its Strong Security Measures, Competitive Spreads And User-friendly Trading Platform For Desktop And Mobile Devices.
Pros And Cons
Pros:
Wide Range Of Trading Tools: XCFD Offers A Diverse Range Of Trading Options, Including Forex Pairs, Commodities, Indices, And Cryptocurrencies, Satisfying A Wide Range Of Trading Strategies.
Competitive Spreads: The Platform Offers Tight Spreads That Benefit Traders Who Wish To Reduce Their Trading Costs.
Multiple Leverage Options: XCFD Offers Different Leverage Levels, Enabling Traders To Manage Risk And Trade Positions More Effectively.
User-Friendly Trading Platform: XCFD Offers An Intuitive And Easy-to-use Trading Platform Suitable For Both Beginners And Experienced Traders.
Cons:
Unclear Regulatory Status: The Unclear Regulatory Status Of XCFD May Cause Concern For Traders Seeking A Regulated And Safe Trading Environment.
Client Server Ratings Differ: There Are Different Opinions On The Quality Of Customer Support, With Some Users Reporting Difficulties In Resolving Issues.
There May Be Problems With Withdrawals: Some Traders Are Experiencing Problems With Withdrawals, Which May Affect The Overall Trading Experience.
Limited Educational Resources: The Platform Is Not Rich Enough In Educational Materials, Which Can Be A Disadvantage For New Traders Seeking Guidance And Learning Opportunities.
Regulatory Status
XCFD Claims To Be A Well-regulated Broker With Strong Security Measures In Place For Both Personal Data And Financial Trading. They Reportedly Have Offices Worldwide, But Are Headquartered And Registered In New Zealand.
Market Tools
XCFD Offers Trading On Over 100 Currency Pairs, Stocks, Bonds, Commodities, Indices And Binary Options. This Diverse Range Of Tools Enables Traders To Build A Diverse Portfolio.
Account Type
Standard Account: Is The Only Account Type Available And Requires A Minimum Deposit Of $100. It Includes Access To All Trading Tools And Broker Platform Features And Is Suitable For Both Beginners And Experienced Traders.
Leverage
XCFD Offers A Fixed Maximum Leverage Ratio Of 1:100. This Leverage Level Is Designed To Balance Potential Profit Opportunities With Risk Management.
Spreads And Commissions
XCFD Offers A Fixed Spread Of 0.1 Pips With No Additional Hidden Fees Or Commissions. This Transparency Ensures That Traders Know Their Costs Beforehand.
Trading Platform
XCFD Provides A Proprietary Trading Platform That Can Be Used On Both Desktop And Mobile Devices. It Is Designed To Be Easy To Use, Quick To Install And Smooth To Operate, And Is Suitable For Traders Of All Levels.
Deposits And WithdrawalsXCFD Supports A Variety Of Payment Methods Including Credit/debit Cards, Bank Transfers And E-wallets. Deposits Or Withdrawals Do Not Come With Any Hidden Processing Fees, Making Trading Simple And Cost-effective.
Customer Support
XCFD Offers 24/7 Customer Support In Multiple Languages. Support Is Accessible Via Email, Phone And Live Chat, Ensuring Help Is Always Available.
Educational Resources
XCFD Offers Some Free Courses And Educational Resources Such As Webinars. However, The Range Of These Resources May Not Be Extensive Enough For All Traders, Especially For Newbies.
SUMMARY
XCFD Is A Reliable Choice For Brokers Looking For Brokers With Strong Security Measures, Competitive Spreads, And A Wide Range Of Trading Tools. However, It Also Has Some Limitations Such As Fixed Leverage, Limited Account Types, And Relatively Few Educational Resources. Overall, It Offers Good Reliability And Customer Support And Is A Viable Option For Many Traders.
