XBTFX

XBTFX, registered in Antigua and Barbuda, has established itself as a reliable partner in international markets in a short time. Despite the lack of strict regulation, the broker plans to obtain a license and is already enjoying positive feedback from clients.

XBTFX offers trading exclusively in CFDs – currencies, cryptocurrencies, stocks, indices and commodities, which provides traders with more than 200 assets for portfolio diversification. The broker uses STP protocol and ECN technology to ensure transparency and speed of trading.

Spreads start at 0.01 pips on ECN accounts and commissions are as low as $3.5 per lot, making XBTFX a favorable choice over its competitors. Clients can trade through the cTrader, MT4 and MT5 platforms, each of which offers flexible settings and plugin support.

However, it is worth bearing in mind that the broker only accepts payments in cryptocurrencies, which may limit access for those who prefer traditional currencies. This factor, along with some lack of transparency in the user agreement, requires careful consideration.

XBTFX actively supports education for traders of all levels, providing extensive resources including courses and analytics. Passive income opportunities such as trade copying, MAM and PAMM accounts are also available, and a multi-level referral program allows you to earn income from referring new clients.

XBTFX technical support is available 24/7 via call center and email, ensuring that any issues are resolved promptly.

In conclusion, XBTFX represents an attractive option for traders looking for flexibility and low costs, although potential clients should carefully review the terms of cooperation and consider the limited payment methods.

Unlike many brokers that offer different minimum deposits depending on the type of trading account, XBTFX sets a single entry threshold for all its clients. Regardless of the account choice, the minimum deposit is as low as $10 USD. This makes XBTFX accessible to a wide range of investors, from beginners to experienced traders.

Leverage at XBTFX is also independent of the chosen account type and is determined solely by the type of asset being traded. The highest leverage of 1:500 is available for currency pairs, which provides traders with significant opportunities to increase their profit potential.

XBTFX technical support is available 24 hours a day, seven days a week. Customers can contact the support through various channels including phone, email and ticketing system. It is important to note that registration is required to generate tickets, which ensures a more focused and efficient service.

In summary, XBTFX offers its clients a transparent and unified trading environment backed by reliable support, making this platform attractive to a wide range of traders.

• Trading platform

  cTrader, MT4, MT5

• Accounts

  Standard, ECN, Islamic

• Account currency

  USD, BTC, ETH, USDT, DAI, XRP

• Deposit/withdrawal

  Cryptocurrency wallets

• Minimum deposit

  10 U.S. dollars.

• Leverage

  Up to 1:500

• PAMM accounts

  yes

• Minimum order

  0.01

• Spread

  Floating, from 0.01 pip

• Instruments

  CFDs on currency pairs, cryptocurrencies, shares, indices, commodities, precious metals

• Margin call / Stop out

  no data

• Liquidity provider

  no data

• Mobile trading

  yes

• Affiliate program

  yes

• Order execution

  Market

• Trading features

  Free demo, three real accounts, low entry threshold, tight spreads, competitive commissions, many passive earning options, deposit and withdrawal in cryptocurrencies only

• Contests and bonuses

  no

For a trader, the key aspects in choosing a broker are spreads and trading commissions, as they are the main costs of trading. In modern trading practice there are two main types of spreads: floating and fixed. Although fixed spreads are becoming less common, they can still be found in the market.

XBTFX offers its clients spreads starting from 1 pip on the Standard account with no commissions for most assets, except for stocks, where a fee of $0.10 per share is charged. On the ECN account, spreads start at just 0.01 pips, but trading comes with a commission: $3.5 per lot when trading currencies, metals, indices and commodities; 0.075% of the transaction amount for cryptocurrencies and $0.10 per share.

In addition, XBTFX does not charge withdrawal fees, regardless of the cryptocurrency wallet used. This makes the broker an attractive choice for traders seeking to minimize their trading costs and increase the profitability of their trading activities.

Although XBTFX brokerage company started its operations relatively recently, in 2019, it has already managed to gain the trust of more than 10 thousand clients thanks to its competitive trading conditions. This indicates the attractive conditions that the company offers to its users.

Trading conditions and infrastructure

XBTFX offers some of the lowest spreads on the market, starting from 0.01 pips on ECN accounts, and commissions of $3.5 per lot, which makes trading on the platform profitable for traders. The company does not limit its clients in the choice of trading strategies, which allows them to use such methods as scalping, hedging and news trading.

Thanks to the use of virtual servers and microservice architecture, the platform guarantees high performance and instant execution of transactions. Compliance with KYC principles in user validation and protection of Internet connections using SSL protocols ensure a high level of security and confidentiality of customer data.

Trading platforms and investment opportunities

Traders can choose to work with one of three popular trading platforms: MetaTrader 4, MetaTrader 5 or cTrader. Each of them supports advanced customization through plug-ins and offers access to over 200 trading instruments, including currency pairs, cryptocurrencies, stocks, indices and commodities. This allows traders to build diversified portfolios and use a variety of strategies to maximize returns.

XBTFX offers a moderate leverage of up to 1:500, which is the optimal balance between earning potential and risk level, especially when compared to brokers offering leverage of up to 1:1000.

Additional services for traders

The company actively develops services for passive income, such as copy-trading, PAMM/MAM accounts, which allows investors to earn money by delegating trading to experienced traders. The extensive educational program includes educational materials, analytics and market news, making XBTFX a suitable choice for both beginners and experienced traders.

In summary, XBTFX is a progressive broker with attractive trading and investment conditions, making it a worthy candidate for traders looking for a reliable and technologically advanced trading platform.

Instruction for traders: How to start earning with XBTFX

Choosing the right account

The first step for a novice trader on the XBTFX platform is to choose the type of trading account. XBTFX offers several options:

1. Standard account: Uses STP technology, minimum deposit is 10 dollars, spreads start from 1 pip. There are no commissions for trading, except for stock trades, where $0.10 per share is charged.
2. ECN account: Provides access to the market through ECN technology, with spreads starting at 0.01 pips. Trading currencies, metals, indices and commodities is subject to a commission of 3.5 dollars per lot. Cryptocurrency trading is subject to a 0.075% commission on the transaction amount.
3. Islamic Account: Almost identical to the Standard Account, but does not include swaps, making it a swap-free account. Commissions for trading stocks and cryptocurrencies are also present, with the commission for cryptocurrencies being 0.15% of the transaction amount.

Getting started with a demo account

To familiarize yourself with the broker’s functionality and test trading strategies without financial risks, it is recommended to start with a demo account. This will allow the trader to practice trading using virtual funds and learn all aspects of the platform’s operation.

Opening a live account

After successful trading on a demo account and choosing the optimal type of real account, a trader can proceed to opening a real account. This will require verification of identity and making a minimum deposit.

Features for members of the Islamic religion

Traders who follow the principles of Islam can choose an Islamic account, which is fully Shariah compliant and does not include swap charges.

The process of opening an account with XBTFX is simple and convenient, allowing traders from different countries and backgrounds to start trading as soon as possible. Careful selection of the account type that best suits individual trading preferences and strategies is the key to successful trading in the financial markets.

XBTFX Investment Programs: How traders can earn passively

XBTFX offers its clients not only active trading opportunities, but also various passive earning methods that may be of interest to many traders. These methods include copy-trading, PAMM/MAM accounts and a referral program.

XBTFX Copytrading

Copytrading allows traders to earn money by duplicating trades of experienced providers. The process is simple: a trader registers in the system as a signal provider or as an investor. The provider trades in normal mode, and his trades are broadcast to subscribers. Investors connected to the provider can automatically copy his trades. For example, if the provider bets 1000 dollars, the investor can choose a bet of 100 dollars. The success of the deal will bring profit to both, in proportion to the investment, while the provider receives additional income in the form of commission for the use of its signals. Copytrading offers investors the opportunity to earn by minimizing risks and not wasting time on independent market analysis.

PAMM and MAM accounts in XBTFX

PAMM and MAM accounts are a form of joint investment where funds are managed by an experienced trader. The manager uses both his own capital and investors’ capital to make trades. Investors can set limits on the amount that the manager can use in each trade. When trading is successful, profits are shared between the manager and investors in proportion to their shares of the total capital. This differs from copy-trading in that the manager has the ability to manage funds in sub-accounts, providing a deeper level of control over the trading strategy.

XBTFX Referral Program

XBTFX also offers a referral program that allows traders to earn money by referring new clients to the platform. The details and terms of these programs can vary, usually they include payments of a percentage of the commissions that referred traders pay.

These programs make XBTFX an attractive choice for traders looking for additional income opportunities beyond direct trading in the markets.

Withdrawal from XBTFX

Traders working on XBTFX demo accounts trade with virtual money using real market quotes. This allows them to gain experience without the risk of losses, but it is impossible to withdraw profits from a demo account.

On real accounts traders can conduct full-fledged trading and receive real profits. USD, BTC, ETH, USDT, DAI and XRP are available as base currencies. At the moment, XBTFX offers withdrawals exclusively to crypto wallets, but soon it is planned to add the option to withdraw to MasterCard and Visa cards.

It is important to note that the currency conversion fee for withdrawal may vary from 2 to 4%, which depends on the selected base currency and market conditions. To initiate a withdrawal of funds, a trader needs to create an application through the Personal Cabinet on the broker’s website. Applications are processed on the day of their creation, and the withdrawal process itself takes place as soon as possible.

XBTFX does not charge a withdrawal fee, however, such a fee may be set by cryptocurrency wallet operators.

XBTFX support service

Quality technical support is critical to a brokerage platform, as traders often require assistance in resolving issues ranging from bank card withdrawal options to trading account specifications.

At XBTFX, the support team is available 24/7, providing assistance via phone, email and ticketing system. Quick and qualified response to clients’ requests increases their confidence in the reliability and professionalism of the broker, reducing the likelihood of them switching to competitors. This is especially important in situations where urgent problems arise during trading that require immediate resolution.

Thus, XBTFX strives to provide its clients not only competitive trading conditions, but also a high level of customer service, which makes this platform an attractive choice for traders of all levels.

Step-by-step instructions on how to register on the XBTFX platform and myAlpari features

1. Registration on the broker’s website

Go to the official XBTFX website and click on the “Sign Up” button located in the top right corner of the screen.

2. Filling in personal data

Enter your first name, last name, e-mail, password and phone number. Select your country of residence from the suggested list. Confirm your agreement with the terms of service by checking the box. Then click “Continue”.

3. Email Confirmation

After registration check your e-mail: you will be sent an e-mail with a confirmation code. Enter the received code on the website to complete the registration process.

4. Verification of identity

Under “Profile”, select the “Verification” tab and follow the instructions to upload your proof of identity documents. You will need to upload a photo or scan of the document and take selfies with the document.

5. Account replenishment

Go to the “Funds” section and select “Deposit”. Follow the on-screen instructions to deposit funds into your trading account. Please note: the current fiat currency deposit feature may not be available.

6. Opening a trading account

In the “Trading Accounts” section, customize your account settings, including account type, base currency and leverage. After configuring the settings, click “Open Account”.

Features of XBTFX Personal Cabinet

• Dashboard: Displays information about your active accounts and their parameters.
• Balances: View your own assets and link external wallets.
• Trading Accounts: Manage your trading accounts.
• Funds: Manage your deposit and withdrawal transactions.
• Exchange: Convert currencies and cryptocurrencies with exchange fees.
• History: Log of all transactions and analytics on accounts.
• IB (Introducing Broker): Participation in the referral program.
• Profile: Entering personal data, security settings.
• Support service : Formation of requests to the support service.
• PAMM/Copying trades: Opportunities for passive earnings.

These step-by-step instructions will help you start trading with XBTFX quickly and easily, allowing you to effectively utilize all the features provided by the broker.