Xbtfx Reviews 168

TrustScore 5 out of 5

4.8

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Rated 5 out of 5 stars

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

Rated 5 out of 5 stars

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

Rated 5 out of 5 stars

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

Rated 5 out of 5 stars

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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4.8

Excellent

TrustScore 5 out of 5

168 reviews

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No history of asking for reviews

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Rated 5 out of 5 stars

BTC trading

I made up to 50% of my trading balance by heavily going short on BTCUSD some weeks ago. I also made so much money last year through the BTC and a good rise.; will always say that XBTFX is part of my trading success because I made the trades here and they have never let me down.

June 16, 2021
Unprompted review
Rated 5 out of 5 stars

No issues

My trades could be to a risk-reward of 1:5 or 1:6 after analyzing the market. I don't take trades that are less than 1:2.5 anyway. Sometimes I could take a trade that could last for as long as 3 weeks to 7 weeks, and I still don't get stopped out by the brokers even when my trades are deep in profit. Withdrawal is also processed on the same day

June 10, 2021
Unprompted review
Rated 5 out of 5 stars

Seems like a serious broker

From the information I got from the site, I saw that the broker is serious about keeping clients' funds and personal details. I hope they live up to their words. Thus far all is good.

June 7, 2021
Unprompted review
Rated 4 out of 5 stars

Easy to open account and start trading

I couldn't open an account with my PC at first and felt the site wasn't working but I guess it was the browser settings I had... I would advise that the developers work on that. Anyways, it was straightforward and easy to open with my phone. I started trading within minutes of opening an account

May 20, 2021
Unprompted review
Rated 5 out of 5 stars

Many ways to deposit money

There are many crypto deposit and withdrawal options. I have not seen a broker with so many options before. I use bitcoin though, but if you want a broker that gives variety and comfort in terms of crypto deposit and withdrawal options, XBTFX is the broker to use.

May 14, 2021
Unprompted review
Rated 5 out of 5 stars

Professional services

A professional brokerage firm with professional services. It is not common to see brokers that offer so many instruments and still maintain a stable platform. It is a good attribute and it is worthy of note. I have not seen any attribute of hungry brokers in them. Hungry brokers delay market execution and increase spreads unnecessarily, I trade fx a little, I don’t do so much of stocks but I have traded crypto very well and there has been no issues

May 8, 2021
Unprompted review
Rated 4 out of 5 stars

It has an extra sauce

Various reviews I saw about this broker attracted me to open an account and the services have been cool. have some other brokers that are also cool but XBTFX just has its extra sauce. have been trading here with the broker for a while without regrets.

April 19, 2021
Unprompted review
Rated 4 out of 5 stars

good broker

My withdrawals come in quick, I can always attest that xbtfx has a good reputation. I started using them when I saw the positive reviews about them on different forums. Since I have been trading with them, I have also not had any problems. Highly recommend them at any point.

April 18, 2021
Unprompted review
Rated 5 out of 5 stars

One of the few excellent brokers

There are hundreds of margin cryptocurrency brokers, and in this number, we have the bad, the average, the good, and the excellent. Some brokers even have a very bad reputation, while some try to create good and working services to no avail. While very few brokers provide good trading conditions, XBTFX is one of the few brokers I know that is excellent in its services. Apart from its great customer service, varieties of trading instruments, and easy-to-use platform, low spreads that I have seen many people talk about on different platforms, I would like to mention some other ways that I have found them impressive.

Learning to trade - This broker's platform was helpful when I was learning to trade. There is nothing that feels safe as trading with a broker that has my interest at heart, in that the broker is interested in me making profits and also has the right tools for it. I cannot deny the impact this broker has had in my trading journey through the education they provide on their platform. I was able to understand what hedging is and how it is applied in the market, trading psychology, and its importance, what leverage is, the importance of using the appropriate leverage in the trading markets, trading terminologies (like equity, balance, long position, short position, standard lot, round lot, leverage, margin, pips, bid and ask price, spread, classical chart patterns, how to analyze charts) and many more

Withdrawal and deposit methods – The process of opening an account with this broker is very easy. After filling in the little required information on the site, I was able to open a trading account and started trading almost immediately. With XBTFX, there is no deposit and withdrawal fee, the minimum deposit is $5 crypto equivalent minimum deposit, my withdrawal is usually processed and finalized on the same day, I could also have an automatic deposit into my XBTFX wallet on blockchain confirmation, I could also exchange to any crypto for deposit or withdrawal. Deposits and withdrawals could be done through 9 cryptocurrencies (bitcoin, ethereum, litecoin, ripple, bitcoin cash, binance cash, binance coin, cardano, stellar lumen, dogecoin) and 6 stablecoin (tether, USD coin, PAX, Gemini Dollar, True USD. Multi-collateral DAI – what convenience! I can choose my method of deposit and withdrawal at my convenience without the rigor of having to change from one coin to the other before depositing.

Referrals - earning from a referral is one of the free money I get from this site, the affiliate link is gotten during the normal registration process. This link could be used to invite other clients to the platform. With this, there are also benefits for affiliates and partners, their earnings are paid every hour for every round lot traded. One could also earn from partners one refer, there is a multi-level structure of three structures that facilitates this. Earnings are also available based on the trading volumes and a trader stands a chance to earn throughout the lifetime of the referred client. I referred some clients last year and I have been getting these bonuses. Do not worry about the breakdown of how this works, it is on the XBTFX site and you can always check it up for better understanding.

April 17, 2021
Unprompted review
Rated 5 out of 5 stars

The best broker for EA trading

Trading for more than 6 months using automated bots. Best broker anyone should use for crypto trading. The broker does not interrupt my automation, unlike the one I used some months ago. The transparency is cool and my trades are activated when the requirements for activation are met. Needless to talk of, I have more win rates with this broker.

April 14, 2021
Unprompted review
Rated 5 out of 5 stars

for crypto trading

XBTFX can be used by any trader who is interested in crypto trading. They provide quite high leverage for crypto trading- 1:25 and they have the metatrader 5 platform if you compare it with crypto exchanges

April 7, 2021
Unprompted review
Rated 5 out of 5 stars

Low spreads on majors

I am trading fiat majors with this brokers because of very low costs of trading. Except of $3.5 per traded lot, or $7 for round lot, I dont have any other costs for trading fiat currencies on ecn account. Execution is very fast. Everything is quite good , I recommend.

March 16, 2021
Unprompted review
Rated 5 out of 5 stars

Superior broker for stocks

I have one of lowest spreads on trading stocks with this broker. APPL, GOOGL, IBM ORCL are most of the time no more than 0.02 pip. Tsla is a bit higher 0.04 pips, but it also has higher volatility compared to other stocks. Leverage is low for stocks compared to forex but the movement is different. In my opinion, these are very decent conditions compared with other brokers on the market.

March 15, 2021
Unprompted review
Rated 4 out of 5 stars

HFT well supported

I am trading forex here, few major pairs, with high number of deals during a day. I am very satisfied with speed of execution. There is no limit in number of open deals, and all my deals for last three months have been executed. Good broker, in my opinion.

March 12, 2021
Unprompted review
Rated 4 out of 5 stars

My ea is well supported here

I was using ea for eurusd scalping on MT5 with my previous broker and had too many non-executed deals, aside from high spreads elsewhere. XBTFX had some good recommendations, so I have switched. First tried on demo account, everything went ok (as expected since its demo), then I switched to real account. After three months everything is functioning perfectly. All deals are executed and no profit reversals.

March 11, 2021
Unprompted review
Rated 5 out of 5 stars

Good broker for cryptos

I have started to trade cryptos with this broker because
1) I can use my BTC wallet to deposit funds on my trading account
2) there are generally low commissions for trading on an account.- it's fixed $3.5 per lot plus a small commission of 0.075% per deal
3) withdrawals are within one day

March 3, 2021
Unprompted review
Rated 5 out of 5 stars

Variety of wallets

I have chosen this broker because of variety of wallets accepted for deposits. There are not only major coins, but there is also few altcoins available. Exchange of altcoins is also available with this broker with low costs of some 2-4%. I have reqested they add chainlink and they have said they are working on it.

February 26, 2021
Unprompted review

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