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What Is XBTFX: XBTFX Reviews, Summary, Guide Benefits, And Limitations

XBTFX is a company that was established in 2019 and provides services to reduce the gap between brokerage companies and the cryptocurrency market. The company is based on a customer-oriented business and offers high transparency and reliability. XBTFX provides direct market multi-trading assets trading across more than 200 instruments and trade on the popular platform. The company is based in St. Vincent and has provided the brokers with the state of the art technologies in the vast industry-established platform. The program has been built to provide the users with the advantage of a high-end trading platform with low latency connection, better liquidity, flexible crypto trading, and security of assets.

XBTFX Overview

XBTFX is a global platform working in Brazil, the United States, Iran, Russia, Vietnam, Canada, Poland, Netherlands, Indonesia, Switzerland, and many other countries. It offers high leverages to its traders with a ratio of up to 500; it also provides the services and trading in cryptocurrencies and offers up to 27 currencies. The company also provides access to 120 individual shares of American, European, Asian, and Russian companies listed in the Tokyo and Hongkong market. The important thing to note is that the company is not regulated or works under the rules and regulations of any government, so if the client has any issues with the company, they will not be protected by any third-party solution.

Trading Instrument Of XBTFX

XBTFX trades in almost everything trading is made. It provides all kinds of trading options a user can ask for. The bonds and interest trading are not available, but other than that, the platform offers currency pairs and exchanges with more than 70 pairs of currencies, which is way more than what other platforms offer. It also provides more than 120 shares of companies worldwide that are listed in Tokyo and Hong kong. 

The best part of this trading platform is the use of cryptocurrencies. It provides a large selection of digital currencies in which and by which you can trade. XBTFX offers a range of more than 27 digital currencies that can be sold and purchased using the US dollar. It offers bitcoin, Ethereum, litecoin, and many other coins.

Trading Platform 

The trading on the XBTFX is offered on the MT4 and MT5 Platforms, and the user has the choice to use any platform they like. These are available in mobile and desktop versions for Windows, web, etc.

The MT4 platform is simple and easy to use that attracts the new forex trader with its qualities of historical data, hedging, customizable chart, four pending orders, expert advice at any time, and one-click order with a range of 3 orders execution types and support of more than one language. 

The MT5 is a refined form of MT4, has more advanced features, and is suitable for expert users. It provides the services of 21 timeframes, trading bots, live news, and updates, pending order types up to 6, more than 100 customizable charts, advanced market features, and an economic calendar with all the events.

XBTFX Accounts

XBTFX offers two basic types of trading accounts: Standard and ECN. The standard account does not include MT5 commission nor any commission on cryptocurrency and forex. It also provides CFD stock of $0.10

The ECN account offers cryptocurrencies with a commission of 0.75%, forex and commodities trading at $3.50 per lot, CFD stock of $0.10 in the US, EU, and Asia, and 0.45% of the stock in Russia with no deposit bonus withdrawable

Final Thoughts

XBTFX is a good platform with a satisfied list of traders using it for a long time. It offers cryptocurrency-based trading and provides trade-in in all the domains. It has good security protocols and features to protect assets and privacy and has more than 200 trading instruments. However, it lacks account funding from FIAT currency, and the platform is unregulated. For more well researched details click here and dive into the sea of knowledge. 

Vasid Qureshi

Vasid Qureshi is an Independent journalist, entrepreneur, digital markter, and press release publisher. You can follow him on Facebook/Instagram/Twitter @vasidq

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