X Charter Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-02-05 19:06

Abstract：X Charter is a brokerage company specializing in online investment and trading services. The tradable instruments include Forex, CFDs on Shares, Futures, Indices, Metals, and Energy. The broker also provides four accounts with a maximum leverage of 1:1000. The minimum spread is as low as 0 pips. X Charter is still risky due to its unregulated status, and high leverage.

X Charter Review Summary
Founded	2024-01-30
Registered Country/Region	Belize
Regulation	Unregulated
Market Instruments	Forex/CFDs/Shares/Futures/Indices/Metals/Energy
Demo Account	/
Leverage	Up to 1:1000
Spread	As low as 0.0 pips
Trading Platform	WebTrader/MT5(PC/Tablet/Mobile)
Min Deposit	$5
Customer Support	Email: xcharter2024@gmail.com

X Charter Information

　　X Charter is a brokerage company specializing in online investment and trading services. The tradable instruments include Forex, CFDs on Shares, Futures, Indices, Metals, and Energy. The broker also provides four accounts with a maximum leverage of 1:1000. The minimum spread is as low as 0 pips. X Charter is still risky due to its unregulated status, and high leverage.

Pros and Cons

Pros	Cons
MT5 available	Unregulated
Various tradable instruments	High max leverage
Spread as low as 0.0 pips	No deposit and withdrawal information
Islamic account available	Inaccessible official website
24/7 customer support

Is X Charter Legit?

　　X Charter is not regulated, making it less safe than a regulated one.

What Can I Trade on X Charter?

　　X Charter offers 1000+ market instruments, including Forex(50+ Currency pairs), Commodities, Stocks, index, Precious metals, Energy, and more.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Stocks	✔
Index	✔
Precious metals	✔
Energy	✔

Account Type

　　X Charter has four account types: Micro, Stanard, X Charter Ultra Low, and Shares. Traders who want low spreads can choose an x Charter Ultra Low account, while those with a sufficient budget can open a Shares account. Muslims are allowed to open Islamic accounts without swaps.

Account Type	Micro	Standard	X Charter Ultra Low	Shares
Leverage	Up to 1:1000	Up to 1:1000	Up to 1:1000	-
Spread	As low as 1 Pip	As low as 1 Pip	As low as 0.6 Pips	-
Commission	❌	❌	❌	✔
Swaps	✔	✔	❌	❌
Islamic Account	Optional	Optional	Optional	✔
Minimum Deposit	5$	5$	5$	10000$

X Charter Fees

　　The spread starts from 0 pips, the commission is from 0, and the swap-free. The lower the spread, the faster the liquidity.

Leverage

　　The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.

Trading Platform

　　X Charter cooperates with the authoritative MT5 trading platform available on PC and mobile. Traders with rich experience are more suitable for using MT5. The MT4 platform focuses on the Forex and CFD markets.

Trading Platform	Supported	Available Devices	Suitable for
MT5	✔	PC/Mobile	Experienced traders

Deposit and Withdrawal

　　The first deposit amount must be $5 or above. However, due to the official website being inaccessible, transfer processing times and associated fees are unknown.