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XPOFX

United Kingdom|5-10 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://www.xpofx.com

Website

Rating Index

Contact

+97-143552209
support@xpofx.com
https://www.xpofx.com
https://www.facebook.com/xpofx

Licenses

No valid regulatory information, please be aware of the risk!

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No restriction on the broker account. Support service provided by WikiFX

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Warning: Low score, please stay away!
Previous Detection : 2023-11-28
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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XPOFX · Company Summary

General Information & Regulation

XPOFX is a forex broker, a trading name of Info XPO Solutions Ltd, a company based in the United Arab Emirates, registered in Cyprus and previously registered in Seychelles. XPOFX is not currently subject to any regulation.

Market Instruments

Investors can trade over 20 currency pairs, as well as some precious metals products, through XPOfx's MT4 trading platform. XPOfx offers a slightly smaller variety of trading assets than most other brokers.

Minimum Deposit

XPOFX offers investors four different types of accounts: Standard (minimum deposit of $500), Gold (minimum deposit of $1,000), Platinum (minimum deposit of $5,000), and Classic (minimum deposit of $10,000).

XPOFX Leverage

The maximum leverage level offered by XPOFX is up to 1:100, in terms of forex major pairs trading. Since leverage can amplify returns as well as losses, inexperience traders are not advised to use high trading leverage.

Spreads & Commissions

Spreads vary depending on various trading accounts. The Spread on EURUSD pair starts at 4 pips for the Standard accounts, 3 pips for the Gold account, 2 pips for the Platinum account, and 1 pip for Classic account, apparently much higher industry standard.

Trading Platforms

Like most traders, XPOFX offers traders the most popular MT4 trading platform on the market today, as well as the latest generation of MT4 - the MT5 trading platform. MT4 is highly respected by most traders around the world for its unparalleled charting package, a vast array of technical indicators, EA's and a large number of backtesting options.

Deposit & Withdrawal

XPOFX supports traders to withdraw and deposit funds to and from their accounts via wire transfer, VISA, MasterCard credit cards, and e-wallets like Skrill, Neteller, Perfect Money, etc. XPOfx takes one day to process clients' withdrawal requests.

XPOFX Pros & Cons

XPOFX Advantages Include:

1. MT4 & MT5 available

XPOFX Disadvantages Include:

1. No regulation

2. High spreads

3. Higher initial minimum deposit requirements

4. Not offering CFDs on stock indices

Broker Information

Company Name

Info XPO Solutions Ltd

Company Abbreviation

XPOFX

Regulatory Status

No Regulation

Platform registered country and region

United Kingdom

Company website
Phone of the company
  • +97-143552209

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Customer Service Email Address
  • support@xpofx.com

  • support@xpofx.com

Company Summary

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