XtreamForex Review

XtreamForex Logo

XtreamForex is an online broker that offers online trading in various asset classes, including forex, metals, indices, stocks, commodities, energies, and cryptocurrency. The broker uses straight-through processing (STP) brokerage model with a liquidity pool of institutional partners. Hence, it offers competitive price quotes with raw spreads starting from just 0 pips and decent trade execution speeds. Clients’ orders are passed straight through to their liquidity providers with no intervention by the broker. The broker provides clients with intuitive trading platforms, forex education, market analysis, and 24/5 customer support.

XtreamForex Broker Features
XtreamForex Broker Features

XtreamForex Trading Instruments

XtreamForex offers a wide range of trading instruments. It includes Forex, Indices, Stocks, and Cryptos.

XtreamForex Platforms

XtreamForex provides clients with the MetaTrader 4 platform, which is one of the most popular and powerful forex trading platforms. It is widely known for its unique features, including a fully customizable interface, flexible trading conditions, advanced charting & technical analysis tools, Expert Advisors (EAs) for automated trading, and various built-in technical tools. The MT4 is available as a desktop application for Windows and Mac computers, a WebTrader that runs directly on most modern web browsers, and mobile apps for Android and iOS devices.

MetaTrader 4

XtreamForex provides a powerful MetaTrader 4 (MT4) forex trading platform. Desktop Trader is a multi-award-winning operating system for desktop-based devices used by millions of people across the globe. XtreamForex offers customers the ability to watch the market and trade straight from their desktop. The Desktop solution allows traders to use a variety of innovative features that make Forex trading on the move simple, quick, and safe. A variety of apps allow you to swiftly and monitor the market.

XtreamForex MT4 Platforms
XtreamForex MT4 Platforms

So, if you are a frequent trader, look at a wide selection of the top forex trading MetaTrader 4 apps for the iPhone. Enjoy Forex trading on the move with the fullest power of the MetaTrader 4 platform, which provides complete control of your trading account with all sorts of orders, straight on your iPhone anywhere and at any time. The iOS MT4 provides a plethora of technical analysis tools, technical indicators, and MT4 charting to provide a satisfying trading experience right from your Apple device. To completely trade on the MT4, use the smart iPad tablet. XtreamForex offers customers the ability to watch the market and trade straight from their Android-based Smartphone. The Android Trader solution allows traders to use a variety of innovative features that make Forex trading on the move simple, quick, and safe.

MetaTrader 4 has the following advantages:

  • 9 Timeframes
  • 30 Technical Indicators
  • Unique technical analysis and charting tools
  • Full graphical visualization of charts
  • Trade history reports
  • Detailed search function
  • Economic Calendar and online market news
  • Internal mailing system
  • Freedom to trade on the move
  • Customizable menus
  • Generate activity history reports
  • Detailed trade windows
  • User-friendly application
  • Connect either through Wi-Fi or mobile network
  • Easy-to-manage favourites section
  • Tailor My Watchlist
  • Full graphical visualization of charts

MetaTrader 5

If you’re a more experienced trader, MetaTrader 5’s multi-asset, the multi-functional platform is a better match. It enables you to manage several accounts with various brokers. The platform offers price data, enables the use of non-tradable assets such as actual gold to provide a margin for open positions in other instruments, and permits the creation of new financial symbols.

XtreamForex MT5 Platforms
XtreamForex MT5 Platforms
  • Partial Order Filling Policies
  • Order Fill Policy
  • 6 Pending Order Types
  • Depth of Market
  • Time&Sales (Exchange data)
  • 38 Technical Indicators
  • 44 Graphical Objects
  • 21 Timeframes
  • Economic Calendar
  • Transfer Funds between accounts
  • Strategy Tester
  • Multilingual Unicode
  • Built-in order routing
  • 6 Pending Order Types

XtreamForex Investing Tools

There is XtreamForex Copy Trading; it is a program that offers traders the opportunity to automatically copy trades of other traders without the need to develop their own trading strategy. The broker’s clients benefit from additional useful trading tools, including Position Size Calculator and Pip Calculator.

XtreamForex Trading Tools
XtreamForex Trading Tools

Xtream Copy Trading

Copy-trading allows you to replicate the trade of a successful trader, often known as a strategy manager. Where your selected trader’s position is immediately reproduced in real-time, and you obtain identical outcomes based on your strategy manager. While you are replicating the position, the profit will be split between both. You also have the opportunity of deciding how much money you want to invest. Copy trading is a simple way to learn the strategy from experienced traders.

XtreamForex Copy Trading
XtreamForex Copy Trading

You may work as an investor or as a fund manager. Fund managers discuss techniques with investors to capitalize on opportunities to gain more profits in addition to what they are already making. You will get a share of the profit if other traders replicate your strategy.

Xtream PAMM Trading

PAMM stands for Percentage Allocation Money Management. It is a management module in which the account manager manages accounts on behalf of the investor. That is, via the account managers, the individual investor has the option to participate in trading strategy and obtain possible returns even with a relatively little amount of capital within the agreed-upon terms.

It is a two-way benefit strategy that provides:

  • No additional costs
  • Multiple accounts management
  • One can enjoy large volumes and tighter control to maximize returns.
  • Customizable fee structures
  • Flexible commission system for managers
  • Opportunity to earn without being an expert.
  • Replicate one or more successful trading strategies.
  • No need for VPS
  • building a portfolio of different strategies.
  • No-Risk to get allocated pre-existing losses as the software calculates the NAV & distributes all Profit & Losses on an hourly basis.

VPS Hosting

Virtual Private Server is generally known as VPS. It is a remote service that operates independently. A Forex VPS runs virtually, emulating dedicated server settings inside big Servers. It imparts safeguarded and steady trading by offering persistent connection to the internet without any disturbance.

XtreamForex VPS
XtreamForex VPS

XtremeForex VPS has the following advantages:

  • It runs 24/7
  • Provides ideal connection speed
  • No effect of unforeseen Down Time, Power cuts, and other obstacles
  • It reduced delay in order execution
  • It allows speedy recuperation of lost data
  • Promotes smooth functioning alongside other operating systems

Calculators

Risk management is one of the most critical tools in a trader’s arsenal. Position sizing is proper for risk management and avoiding blowing out your account on a single trade. XtreamForex’s position size calculator can help you calculate the approximate quantity of currency units to purchase or sell to manage your maximum risk per position with a few easy inputs. Enter the currency pair you’re trading, your account size, and the percentage of your account you want to risk to utilize the position size calculator. Based on the information you submit, the position sizing calculator will recommend position sizes. XtreamForex also provides a pip calculator to calculate risk.

XtreamForex Research & Education

The broker provides traders with the XtreamForex Traders Academy; it is replete with useful trading guides, tutorial videos, e-courses, webinars, daily market analysis, and much more. There is plenty of content to help traders of all experience levels to improve their trading skills and knowledge.

XtreamForex Market Analysis & Education
XtreamForex Market Analysis & Education

Economic Calendar and Forex Holidays

XtreamForex promotes educating the traders. They will keep you up to date on the upcoming Forex Holidays that may impact your trading through the platform. Besides this, you can also navigate through the economics calendar, where the platform will already display the major economic decision. Since financial decisions like interest rates policies have a major impact on financial instrument pricing, it is wise to be aware of these special dates.

Webinars

XtreamForex offers free weekly or monthly seminars with industry experts to help you improve your trading skills. The Webinars help you gain the confidence you need to trade in the Financial Markets. Whether you are an experienced or a beginner, instructors will educate you on profitable Forex strategies. Every Live Webinar is tailed by a Q&A session to ask questions about the trading. XtreamForex educators may clear up any doubts.

Forex Education

There is a separate section dedicated to Forex Education. XtreamForex teaches you everything about the Forex. There are guides for beginner, pros, and intermediate traders.

Market News

Market News is a tool for News Traders while it is equally helpful for a day trader. Regular updates on all factors impacting the financial market are shared on the website.

Trading Glossary

The trading glossary is there to aid you in learning about forex and financial instruments. All terms pertaining to the subject are well defined with examples.

XtreamForex Trading Accounts

XtreamForex has a variety of different account types to suit different trading styles and investment sizes. The account types include Micro, Standard, VIP, ECN, and ECN Pro accounts. The required minimum deposits ranged from just $5 for the Micro trading account to $2,000 for the ECN trading account. Spreads start from 0 pips, and leverage of up to 1:400 is available. The minimum lot size to trade is 0.01.

Swap-free Islamic accounts are available upon request. The broker also provides free demo accounts that are preloaded with $100,000 in virtual funds for practice purposes.

XtreamForex Account Funding

XtreamForex supports a variety of convenient deposit and withdrawal methods, such as wire transfer, Bitcoins, Visa, Skrill, Neteller, and more. The transaction processing time is dependent on the payment method used.

XtreamForex Customer Service

The broker has a dedicated customer support team that can be reached via email, telephone, and live chat.

XtreamForex Regulation

XtreamForex is a brand name of Grand Investing Ltd. The XtreamForex website is operated by Grand Investing Ltd. They are registered in the Marshal Islands. However, they are not regulated by any authority.

XtreamForex FAQ

What is the XtreamForex minimum deposit?

XtreamForex requires a minimum deposit of $5.

Where is XtreamForex based?

XtreamForex is based in the Marshall Islands.

When was XtreamForex founded?

XtreamForex was founded in 2015.

What are the XtreamForex platforms?

XtreamForex offers MetaTrader 4 and MetaTrader 5 platforms.

What trading instruments does XtreamForex have?

XtreamForex offers a wide range of trading instruments. It includes Forex, Indices, Stocks, and Cryptos.

What are the XtreamForex deposit and withdrawal options?

XtreamForex offers Wire Transfer, debit/credit cards, e-wallets, and Cryptocurrency.

What is the XtreamForex leverage?

XtreamForex offers leverage up to 1:1000.

What is the XtreamForex commission fee?

XtreamForex charges variable commission starting from $1.

What are the XtreamForex spreads?

XtreamForex charges 1 pip per standard lot per side on the micro account.

Does XtreamForex offer demo accounts?

Yes, XtreamForex offers a demo account.

Does XtreamForex offer Islamic accounts?

Yes, XtreamForex offers Islamic accounts.

Does XtreamForex allow scalping, hedging, news trading, and automated trading?

Yes, XtreamForex allows scalping, hedging, news trading, and automated trading.

Does XtreamForex charge an inactivity fee?

XtreamForex charges Inactivity fees of $5 on an account that remains inactive for 6 months.

Is XtreamForex regulated?

XtreamForex is regulated with the Marshall Islands.

XtreamForex Review Summary

XtreamForex is an online broker that offers a range of assets, including forex and CFDs, for trading online via the MetaTrader platforms. The broker has a variety of account types and funding options, along with many useful trading tools, traders’ academy, and signal copying service.

 

XtreamForex

6.1

Spreads

7.5/10

Liquidity

7.5/10

Commissions

7.5/10

Support

8.0/10

Regulation

0.0/10

Features

  • Traders Academy
  • A good selection of useful trading tools
  • User-friendly MetaTrader platform
  • A range of tradable assets
  • PAMM Trading
  • Copy Trading
  • Educational materials
  • Competitive trading fees
  • Forex VPS
  • Webinars