XLNTrade Forex Broker keeps up-to-date with the latest trading account information, including Level 6, Level 5, Level 4, Level 3, Level 2, Level 1 maximum leverage of --, trading varieties, and more
Rating Index
Pros
Wide range of trading instruments, including over 45 forex pairs and various CFDs.
High leverage options available, up to 1:200, providing traders with increased buying power.
Multiple deposit and withdrawal methods, including bank cards and e-wallets, with no fees for deposits or withdrawals.
Cons
Lack of regulation by a reputable authority, raising concerns about the safety of client funds.
High spreads compared to industry standards, which may reduce profitability for traders.
No demo account available, limiting opportunities for novice traders to practice without risking real money.
XLNTrade broker Accounts
Level 6
Level 5
Level 4
Level 3
Level 2
Level 1
XLNTrade Account Type
XLNTrade offers a single account type known as the Real Account. This account is designed for both novice and professional traders, allowing access to a variety of financial markets, including forex, commodities, indices, stocks, and cryptocurrencies. The minimum deposit required to open a Real Account is $200, and it provides leverage of up to 1:200. Trading is executed with fixed spreads starting from 4 pips on the EUR/USD pair. Notably, XLNTrade does not offer a demo account for practice trading, which may limit options for new traders to familiarize themselves with the platform before committing real funds.
XLNTrade Broker Account Opening Process
Opening an account with XLNTrade is a straightforward process that can be completed in a few simple steps:
- Visit the Website: Navigate to the official XLNTrade website.
- Click on "Open an Account": Locate and click on the "Open an Account" button on the homepage.
- Fill in Personal Information: Provide essential details such as your full name, phone number, and email address.
- Create a Password: Set a secure password with at least 8 characters.
- Accept Terms: Read and accept the broker's terms of service and privacy policy.
- Email Verification: Enter the code sent to your email to confirm your account.
- Identity Verification: Submit the required documents for identity verification to complete the registration process.
Once verified, you can fund your account and start trading.
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