Xbtfx Reviews 168

Came back to this broker after they cut Crypto ECN fees and increassed btc to 50x. Crypto fees are really fair here at 0.05 % in my opinion. Its way cheaper than what I've seen elsewhere for MT5 and also there is no slippage like bybit which is saving me huge. Will report back if any issues.

thanks for great job. im xbtfx client for a long time and most of the withdrawals are proceded within 1 day. one of the best service for trading

This broker has extremely nice people working in customer support. I had an issue with the setup of my first EA on MT platform and explained to them that I am not so experienced with the ea. They provided me with exact information that I was missing within an hour. Few days later, one nice lady even sent me an email to check if everything is fine with my ear. I have never experienced that with any other broker.

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 is a great option for traders like me, who prefer more AI-powered platforms from MT. It is quite easy to use, navigate and set trading tickets. For me, it is just perfect.

Great broker in my opinion. Fast withdrawals, great support. There was migration on another server and it was quite smooth.

xbtfx has a very large list of coins available for trading, and what is the best, they come with lower spreads compared with other brokers on the market.

This is my second broker is my relatively short experience as a trader on the crypto market. In comparison with my previous broker. I would acknowledge a much better quality of brokerage service in terms of transparency. There are no hidden costs and I am able to see my trading list and costs related to them in a very transparent way. Additionally, I did not experience any delays in relation to my funds transfer.

I personally prefer to trade with xbtfx because of a range of trading assets. Although I am mostly a FX trader. I prefer to use opportunities from major crypto moves and not have to use a perp crypto exchange. It is very good option that xbtfx offers, the spreads on crypto are decent, and worth avoid the risk of trading with perp exchange.

When I started verification of my account, I had a problem uploading my ID. I have immediately contacted their support, who resolved my issue within a few minutes. After that I was contacting them on several occasions and they always responded in a very short time. I find it very supportive.

initialy, i faced some document-related issues, but the company's assistance switly resolved
tam

All my WD have been very quick. They say they will process within 24 hours but all mine have came well before this.

Of all the MT brokers ive used XBTFX has by far the best crypto spreads. Its not common for MT brokers to have good crypto conditions. I prefer access to MT and having all the markets there. BTCUSD is as important as EURUSD these days.

Everything here is perfect, the only thing i dont like is the CFD index leverage is a little low. The indexs here also have a minimum trade size of 0.1 so you need to put up a bit ore to trade them here.

I've observed that they factor in exchange costs into the received amount when conducting currency exchanges on their platform. This approach simplifies the process by providing a clear and upfront picture of the final amount. The actual cost difference typically ranges from 2% to 4% depending on various factors such as the currency pair, direction, and market conditions.
Its a fair percentage if my opinion matters. Recommend

I'm not entirely sure about the storage fee xbtfx is reffering to in the swap free accounts and what actions might classify as abuse. Given that I have an aggressive trading strategy, it would have been helpful to have a clearer understanding of what constitutes abuse to avoid any unintentional violations.

There isnt much information about this and another concern I've encountered is the lack of live support to provide me with immediate answers to this specific question.

Their demo works fine. Im assuming the live does too .. just hoping for an answer to my question.
considering opening an islamic account but...

I prefer the standard account, because there is zero commissions and transparent spreads. No problem for now.

I've been trading Gold on XBTFX for three years and still going strong. The comission for Gold on the ECN account is fair at $3.50 per lot per side. It might not be the absolute best, but it's definitely not the worst either. One thing that makes me happy is how responsive they are when I transfer my crypto to Binance.

I ve had several interactions with their support team, and I've found the consistently responsinsive, and well- informed. It's also evident that they trade input and are committed to enhancing their service.

The PAMM accounts offered by XBTFX are worth mentioning. As a fund manager handling investments for a group of investors, I have found their fund and copy options to be beneficial. I am particularly impressed with the ease of setting up and maintaining the PAMM account on this platform. Considering these factors, I would reccomend XBTFX

As a scalper utilizing a price action EA, I've found xbtfx's ECN trading conditions to be highly beneficial for my trading strategy. The zero markup raw spread accounts, combined with a fixed commission of $3.5 per lot per deal, provide an ideal setup for separating commissions from trading pnl. This feature allows me to have a clear understanding of my overall profitability without the influence of commission costs.

One of the key advantages of xbtfx's ECN accounts is the ability to access low spreads, which is crucial for executing orders on low time frames. With spreads as low as 0.01 pips on EURUSD, I can confidently trigger my orders without the added spread impacting my trading decisions. This level of precision is essential for scalping strategies like mine, where quick entry and exit points are crucial for maximizing profitability.

I´ve used several MT brokers in the past, but XBTFX has some of the tighest spreads I´ve seen. For example, on the BTSUSD pair, I´ve seen spreads as low as 2 usd during peak trading hours. Combined with their fast execution speed, this is where I will continue to trade.