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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Replied to 100% of negative reviews

Typically replies within 2 weeks

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Rated 4 out of 5 stars

Comfortable with the mt4

Both MT4 and 5 are available. I stuck to the MT4 becuase i have more tools on it. As a long time MT4 user i highly rate their MT4 for running EAs and scripts

November 15, 2021
Unprompted review
Rated 5 out of 5 stars

Fare spreads

Fare spreads. Very satisfied with services provided. Waiting for a Netting MT5 account (only Hedge Accounts are available). Everything else is perfect!

November 2, 2021
Unprompted review
Rated 5 out of 5 stars

Complete asset classes

It has forex, cryptocurrency, stocks, indices, commodities, and metals, which are all the assets I wish to see on my screen. I don't have a reason to open an account elsewhere yet
Pros: has all assets I need
Cons: still good for now

October 26, 2021
Unprompted review
Rated 4 out of 5 stars

My main reasons

My main reasons for trading here are the fast order execution and free withdrawal
Pros: it also has multiple ways of withdrawing
Cons: it provides mainly CFDs though it is not an issue for me

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

Pricing

The pricing is open and there are no hidden charges. It charges 0.075% as cryptocurrency fees and $7 for every round lot as forex and CFD fees on the ECN account. I prefer the stable commissions to the charges from spreads. The spread charges are variable since it offers variable spreads for the standard account. No commission is charged on a standard account.

October 15, 2021
Unprompted review
Rated 5 out of 5 stars

referral

I got referred by a friend who trades here and I have also referred someone else after I joined. xbtfx is doing a good job in the trading industry. It only needs to keep improving and make sure its services do not go archaic

October 13, 2021
Unprompted review
Rated 5 out of 5 stars

Metatrader 4 & 5

While everything was good here in the past, I really could not benefit using xbtfx because they only had MT5. Now that they have MT4, I have been trading with them. I’m finding their MT4 has better execution than my other broker and their management interface is very useful. You have to exchange to USD to transfer funds into mt4. If you use stables the conversion is 1 to 1 so it’s acceptable .

Pros: Interface, platforms and reliability

Cons: The transfer process to fund MT4 is sometimes a bit annoying

September 24, 2021
Unprompted review
Rated 4 out of 5 stars

It has been okay

Withdrawals are processed on the same day so far, no withdrawal fee is charged, and the general trading cost is low. I am going to become a big and more experienced trader soon with a lot of trading balance to trade with.

Pros: no withdrawal charges, the platform is also easy to use
Cons: I would have said there is no mt4 but the broker now has that.

September 10, 2021
Unprompted review
Rated 4 out of 5 stars

Mt4 has been added

I recently learnt that the broker has added an MT4 platform. I couldn't use an MT4 when I started months ago, had to get used to trading with an MT5 which didn't seem so familiar at first but I switched with time. I am comfortable with the MT5 for now and will continue with it.

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

support and MT4 enquiry

helpdesk replies on weekends too, which means inquiries can be made at any point in the week. please when will the broker have an MT4? I have seen that it has appeared with an upcoming tag on the website

August 16, 2021
Unprompted review
Rated 4 out of 5 stars

I don't have issues for now

trading here since last year. I used the demo account for a while to test trading conditions and opened a live account when I got more confident to trade with the broker. I have recommended two more people since I have started.

August 9, 2021
Unprompted review
Rated 5 out of 5 stars

Crypto and stocks

Broker has many trading varieties and it meet my needs. Presently on the BTC/USD buy position, I entered the position around $30,000 and I wanna hold it for a long time. I don't think it can break below $26,000 anytime soon. I hold some NASDAQ and NYSE stocks too.

July 24, 2021
Unprompted review
Rated 4 out of 5 stars

Education; analytics

Who follows the crypto market analytics on the website. They have been informative. I go through them as soon as they are released. Apart from informing one about what has happened in the market, it also shows the future of the market and helps one to know how to read through the charts.

July 22, 2021
Unprompted review
Rated 5 out of 5 stars

well designed broker

nice site ad personal area. support chat is really helpful. I've had a problem when my trades doubled. support team help me undestood that it's becasue of the VPS that i've ordered. Kudos to the team!

July 19, 2021
Unprompted review
Rated 5 out of 5 stars

Good Broker

With tight spreads, MT5 platform, a good web trading platform, XBTFX has been able to offer me forex, crypto, and shares trading services, and taking trades here has been fine. I will drop more reviews when I can, probably when I notice some weaknesses of the broker.

June 24, 2021
Unprompted review

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