With this company the average cost went down a bit compared to my another broker where I trade. It’s not magic, but when you do many trades, even small difference is noticeable... of course around big... See more
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See what reviewers are saying
This broker is really taking trading crypto currencies seriously. This is my personal impression after spending three months on their platform. They are allowing trading at cTrader platform, which i... See more
When I started verification, my ID wouldn't upload correctly. Contacted support and they sorted it out within minutes. I reached out a few more times later and they always replied fast and was not wai... See more
Scalping on demo was smooth, live had a couple hiccups as expected. Support said it's normal and went into the exdecution orderbook and latency added on live, which I thought was more professional res... See more
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Best for trading
I haven't made any withdrawals yet,but their MT platform is smooth and fast. Spreads are low and they have also offer ctrader.
xbtfx
I've found xbtfx's pricing and fees to be highly competitive compared to other brokers out there. Their fees for cryptocurrency CFDs are quite reasonable at 0.075%, and the fact that they offer zero commission spread only accounts are a +
What I have noticed here
Here are my thoughts on their ECN account:
• I found that the ECN account is quite similar to their standard account, with the main difference being that the ECN account cannot have Islamic features. This may be a dealbreaker for some traders who require those features.
• It's worth noting that the standard account can be based in USDT, which is the closest to USD. This is a nice feature for those who want to avoid currency fluctuations.
• In terms of trading experience, I didn't notice any significant differences between their standard and ECN accounts, except for the spreads, of course. The ECN account is with lower spreads, but keep in mind that you have commission fees.
• Overall, I would say that if you're looking for a standard trading experience, the standard account is perfectly fine. However, if you want to potentially save some money on spreads and don't mind paying commissions, the ECN account might be worth considering.
• One thing i noticed is that XBTFX's customer service is generally helpful and responsive, so if you have any questions or concerns about which account to choose, they'll do well here.
Trading BTC on MT5 with my EA
I have been using xbtfx for a while now. This is a very good broker for EA trading. I am using MT5 to trade btcusd, and I have not experienced any issues with deal executions in the last three months.
The best broker in my experience
The best broker in my experience, support fast response, and server very good and very important fast withrawal and deposit.
Looking forward to a good trading experience
I'm not a trader. I've never traded, just held crypto. When I saw the low deposit requirement and that they were responsive to my questions, it felt right starting here to get my feet wet. It's been a week now since I first signed up with XBTFX, and they have yet to disappoint me. My experience has been fantastic so far, and I'm looking forward to seeing how my trading goes in the future!
No Complaints with XBTFX
When I was looking for a good broker, I considered my options and checked out all the competitive brokers. After careful consideration, I decided to go with XBTFX because of their good reviews and a vast array of features. They have been great and have given me fast order execution on every trade so far.
Verification Levels Create Unneccessary Hurdles
This broker has 2 verification levels which was unbenounced to me. Once you reach a certain withdrawal and deposit threshold there is a second verification that I needed to undergo. I feel it would have been better if all the verification was done in the begining so that it doesnt interfere with my trading time. Nonetheless I understand that verification needs to take place in order to prevent illegal activities from occuring and also so that the broker complies with its regulators.
My experience was good
Good Broker:Facebook Messenger Chat Assistance
I like this broker because I can chat to them via facebook messenger. Recommend this broker because I can keep a record of the communication I have with them
Control over you copy trading account:
I once had a bad experience where I lost all my funds when I connected my account to a copy trading broker that didn't allow me to close or open positions on my account. I changed to XBTFX because of this. I recommend this broker to traders that want to maintain a certain level of control when they copy trade
Broker recently added Mt4:
For some reason I like trading with Mt4. I was using Mt5 because this broker didn't allow a connection to Mt4 until recently. I recommend this broker to cryptotrader that want to choose between Mt5 and Mt4
Real ECN
The execution is stp, typical of brokers that offer full ECN services. All the prices are in real time. The broker is not a market maker. My feed software shows it gets liquidity from top sources
News trading plus slippages
I trade only news and from my experience, I can say that xbtfx has minimal slippages. It works well for news trading. The prompt news and one-click trading on MetaTrader is also a big advantage
Very tight spreads
The spreads are tight for the forex pairs I trade. Scalping EURUSD and USDJPY has been really profitable for me here.
I recommend this service
I recommend this service. The charting interface is professional and my robots excute my trades as I expect. My former broker was somehow selective about the choice of robot that one can use. My robots seamlessly inteerefrated intoo teh platform and has been giving me desired results
Accounts
The spreads for the standard account is tight but still wider than that of the ecn account. The ecn account is almost zero spread. The ecn fits short term traders bettter while swing traders should go for the standard account. Execution was fantastic on both ends.
better conditions
I used to use 2 brokers but over time i saw that the trading conditions here are far better. This made me to stick with this broker. Xbtfx has active customer support service, it is reliable and has fast execution for all trades.
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