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Pros

Regulated by CySEC, providing a level of trust and security for clients.
Low minimum deposit of $50, making it accessible for new traders.
Competitive trading costs with low spreads starting from 0.1 pips and no deposit or withdrawal fees.

Cons

Limited trading platform options, lacking access to popular platforms like MetaTrader 4.
Customer reviews are scarce, raising concerns about the broker's reputation and service quality.
Withdrawal processing times may take several days, which could be inconvenient for traders needing quick access to their funds.

XLearner broker Accounts

XLearner Account Type

XLearner offers a single type of account known as the Standard Account. Here are the key features of this account type:

  • Minimum Deposit: $50
  • Maximum Leverage: 1:30
  • Minimum Trade Volume: 0.001 lots
  • Commission: $40 per lot
  • Spread Type: Variable spread, starting from 0.1 pips
  • Account Currency: USD
  • Trading Instruments: Includes cryptocurrencies, indices, energies, precious metals, and forex/currencies.
  • Stop Out Level: 50%
  • The overall score for the trading conditions of XLearner is rated at 4.0, indicating a favorable environment for traders.

    XLearner Broker Account Opening Process

    To open an account with XLearner, follow these steps:

    • Choose the Account Type: Select the Standard Account, which requires a minimum deposit of $50.
    • Complete the Application: Fill out the online application form with personal information, including:
      • Legal name
      • Current address
      • Social security number or tax ID
      • Employment information
      • Verification: Submit any required identification documents, such as a government-issued ID.
      • Fund Your Account: Deposit funds using various methods, including credit cards, wire transfers, or e-wallets like PayPal and Skrill. XLearner waives deposit and withdrawal fees.
      • Start Trading: Once your account is approved and funded, you can begin trading with access to their web-based trading platform.
      • The entire process is designed to be quick and efficient, allowing new traders to start their trading journey with minimal hassle.

XLearner accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
XLearner Account