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X-Trade Forex Broker Review
About X-Trade Forex Broker
X-Trade Forex Broker is a regulated, Poland-based trading company that has been online since 2006. They offer MetaTrader 4 support, which is a huge plus for most forex traders. The company tries to put focus into their customer service, as well as having a stable automatic platform. Their automatic trading system makes trades faster, although sometimes there are requites that does not please most clients. However, X-Trade forex broker does excel when it comes to outstanding customer service, and they do offer over the phone support. X-Trade forex broker’s trading practices are also Muslim-friendly. Transactions are also executed within one business day, and if there are any problems with orders, a quick chat with an online representative over Skype can fix the problem.
Basic Broker Details
| Site | www.xtb.com |
| Country of Origin | Poland |
| Accepted Deposit Modes | Bank wire |
| Withdrawal Method | Bank wire |
| Leverage | 1:100 |
| Regulation Body | Securities and Exchange Commissions of Poland (Komisja Papierów Wartościowych i Giełd, www.kpwig.gov.pl) |
| Spread | 3 pips (EUR or USD) |
| Minimum Account Requirement | $2,000 |
Pros of X-Trade Forex Broker
*Muslim-friendly trading
*Very good customer service
*Regulated by official body
Cons of X-Trade Forex Broker
* Complicated account opening
*High minimum account requirement
*Slippages
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