XForex Review

XForexWhen it comes to forex brokers online, XForex is known as one of the leaders in the industry. With innovative technology, excellent bonus offer and top of the line trading tools and support, it is really no surprise. They also offer traders leverage up to 400 times the investment amount which makes for a great way to control extra spreads.

XForex was started back in 2003 and has been growing stronger ever since. They have harbored thousands upon thousands of forex traders and still are known as a broker that continually strives for honesty and customer service. This is a place that new traders can feel like they are being guided with integrity and experienced traders can take advantage of the many trading benefits they have to offer.

XForex Trading Platform

The XForex trading platform is a user-friendly and innovative platform that can be accessed by almost any web-browser available today. The one negative for XForex is the fact that they only have this type of platform and none that you can download directly to your own computer. On a positive note though, their platform runs extremely smooth and with any internet connection you will have no problem with this platform.

They offer a customizable forex trading platform that makes it very easy for traders to get set up for their own trading needs. Since there is no download required, you can have your trading up and running in a matter of minutes, with full access to all of their trading tools and indicators.

Another advantage to having a web-based platform is the fact that you don’t need your own computer to trade on. Whether you are at home or a thousand miles away, as long as you have an internet connection and a computer, you can log on and start making trades. This enables you to never have to miss out on market activity because of not being home.

XForex also offers new traders the chance to open up a demo account with $50,000 to trade around with. This helps people to get accustomed to the trading platform and get a feel on what it takes to customize the platform and make the same kind of trades they will be making when they deposit their own real money.

XForex Deposit Bonus

XForex offers their traders a 20% investment bonus. They want to make sure that their customers are happy and that they receive a little something extra for their loyalty. This allows traders to receive a bonus of 20% of their deposit amount, which can make for a pretty good start to your online forex trading.

They also offer several options for depositing your funds into an account including Visa, MasterCard, Diners Club International, Western Union and wire transfers. They do have less than some other forex brokers that we recommend but still enough to keep most traders satisfied. If you are looking to deposit with one of these methods and want to start now, visit XForex.com.

Forex Education and Tools

XForex offers many different learning resources, as well as video tutorials for those who enjoy seeing it done right before them. The video is a really nice touch that many new traders have really enjoyed and take advantage of. Being able to watch someone trade or teach something can make it a lot easier to learn than by just reading it.

They also have plenty of basic forex information and current events going on in throughout the marketplace. There is also a specific section devoted to advanced traders that will help refine trading skills in order to become a much more successful forex trader.

The tools that they have in their web-based trading platform are pretty good. We wouldn’t consider them to be the best but they certainly do the job. For some they will actually be better because they aren’t overly analytical or in-depth where some may not be able to understand it. They have made it quite simple for all traders to understand and use in their trading.

Customer Service

The XForex support staff is available 24 hours a day for 5.5 days a week. They are always able to be contacted during the market trading hours by way of live chat, telephone and email. They use all of these methods in order to better accommodate for all of their traders since they range from all areas of the globe.

Being able to contact the help is easy but the really nice thing about their support team is the fact that they actually have real knowledge about their platform and about the forex market. Any questions or concerns that may come up while trading with them, you can rest assured that they will have the answer and if they don’t they will get it within a short period of time. Just like they claim, their main focus is always the customer.