XbtFxTrade Forex Broker

General Information & Regulation XbtFxTrade was founded in 2009 by a group of professionals with deep backgrounds in finance, forex, and technology to help investors pursue their financial goals, providing them with a transparent trading environment and a robust trading platform. xbtFxTrade's official website does not show any valid regulatory information. Market Instruments XbtFxTrade offers investors over 180 financial instruments, including 40 Forex currency pairs and a large number of CFDs for commodities, indices, and stocks. Minimum Deposit XbtFxTrade offers four different trading accounts on its platform: Fort (minimum initial deposit of $600), Flex (minimum initial deposit of $2,000), Star (minimum initial deposit of $3,000), and Pro (minimum initial deposit of $7,500). Leverage When it comes to trading leverage, the maximum leverage level offered by XbtFxTrade for forex trading is up to 1:500, which is considered high. Since leverage, can amplify both profits as well as losses, inexperienced traders are not advised to use high trading leverage. Spreads & Commissions The official website of XbtFxTrade claims that the spreads on Forex currency pairs are as low as 0 pip but does not provide specific information on the spreads of any financial instruments. Trading Platforms XbtFxTrade claims to offer traders an MT4/MT5 trading platform, but no information is shown on its website, which is probably just a false advertisement. Deposit & Withdrawal XbtFxTrade supports traders to deposit and withdraw funds to and from their investment accounts via VISA, MasterCard, wire transfer, Skrill, PayPal, China UnionPay, and Neteller.