Abstract:Xspeed, a trading name of Xspeed FOREX LTD, is allegedly a forex and commodities brokerage company registered in London with a variety of tradable assets on the industry-standard MetaTrader5 trading platforms. However, it does not provide a safe environment for their traders as they is not regulated well and their website is inaccessible.
Note: Xspeed' official website - https://www.xspeedfx.com is currently inaccessible normally.
Xspeed Review Summary | |
Founded | / |
Registered Country/Region | United Kingdom |
Regulation | Unregulated |
Market Instruments | CFDs on forex, popular metals, energies and commodities |
Demo Account | ✅ |
Leverage | / |
Spread | / |
Trading Platform | MT5 |
Min Deposit | / |
Customer Support | Tel: +852 51976649 |
Email: info@ttradefx.com |
Xspeed, a trading name of Xspeed FOREX LTD, is allegedly a forex and commodities brokerage company registered in London with a variety of tradable assets on the industry-standard MetaTrader5 trading platforms. However, it does not provide a safe environment for their traders as they is not regulated well and their website is inaccessible.
Pros | Cons |
Diverse tradable assets | Unregulated status |
Demo accounts | Inaccessible website |
MT5 available | Limited transparency and safety |
Limited payment options |
No, Xspeed is unregulated. Besides, as of now, their website is not available so that traders have no access to learn about their transaction information. Therefore, it is not a legit broker!
Xspeed offers trading in CFDs on forex, popular metals, energies and commodities.
Tradable Instruments | Supported |
CFDs | ✔ |
Forex | ✔ |
Metals | ✔ |
Energies | ✔ |
Commodities | ✔ |
Indices | ❌ |
Stocks | ❌ |
Cryptocurrencies | ❌ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
Xspeed gives traders MetaTrader5 trading platform, available on Windows, Linux, Mac Os, Android and iOS terminals. MT5 is fast, user-friendly and flexible, built in a convenient and user-friendly format and contains all advanced tools for trading including technical analysis tools, advanced trading orders and many possibilities for customizing charts.
Trading Platform | Supported | Available Devices | Suitable for |
MT5 | ✔ | Windows, Linux, Mac Os, Android and iOS terminals | Experienced traders |
MT4 | ❌ | / | Beginners |
Xspeed accepts payments via bank wire transfers of HSBC, ICICI Bank, Bank of America, LLOYDS Bank, ING Bank and CHASE.
You can avoid fraud, crypto scams, and similar traps simply by staying informed. If you regularly follow forex news, there’s a lower chance that you’ll fall victim to such scams. Being aware is the only way to stay safe. That’s why you also need to know about the Grand Capital broker and why it should avoided.
Ibell Markets adds to the infamous list of scam brokers who think about acquiring customers and their investments. But what about the withdrawal? Do they allow? Read this to find out.
Trendify is nothing more than a scam broker. It is one of those forex brokers that acts genuine but is actually full of red flags. Before you invest and fall victim to its investment scam, its better to check out the risks involved with Trendify.
A forex interbank rate is nothing but the wholesale currency exchange rate that banks and other major financial institutions use to trade currencies among themselves. Read more about it.