XFINANCES
Abstract：XFINANCES is the trading name of FINEX GROUP LTD, a UK registered Forex broker that offers clients a wide range of tradable financial instruments with leverage up to 1:500 and a floating spread of 1.6 points on MT4 and web-based trading platforms through four different real account types.
| XFINANCES Review Summary | |
| Founded | 2-5 years |
| Registered Country/Region | United Kingdom |
| Regulation | Unregulated |
| Market Instruments | Forex, Stocks, Commodities, Indices and Cryptocurrencies |
| Demo Account | Available |
| Leverage | 1:500 |
| Spread | 1.6-1.9 pips |
| Trading Platform | MT4 |
| Min Deposit | N/A |
| Customer Support | Phone: +448938906785 |
| Email: contact@xfinances.com | |
| Address：173 Latchmere Road, London, United Kingdom, SW112JZ | |
XFINANCES Information
XFINANCES is the trading name of FINEX GROUP LTD, a UK registered Forex broker that offers clients a wide range of tradable financial instruments with leverage up to 1:500 and a floating spread of 1.6 points on MT4 and web-based trading platforms through four different real account types.
Pros and Cons
| Pros | Cons |
| Demo accounts available | Unregulated Status |
| MT4 supported | Website inaccessible |
Is XFINANCES Legit?
XFINANCESis unregulated right now.
What Can I Trade on XFINANCESr?
XFINANCE offers traders services to trade Forex, Stocks, Commodities, Indices and Cryptocurrencies.
| Tradable Instruments | Supported |
| Commodities | ✔ |
| Stocks | ✔ |
| Forex | ✔ |
| Crypto currencies | ✔ |
| Indices | ✔ |
| bonds | ❌ |
| Binary Options | ❌ |
| Mutual Funds | ❌ |
| Futures | ❌ |
Account Types
XFINANCES offers 4 types of trading accounts, Professional, Micro and Gold, EUR or USD, based on two currencies USD and EUR.
Leverage
The default leverage provided by XFINANCES is 1:100, but you can request that it be changed to 1:500 on the client side.
XFINANCES Fees
The EUR/USD spread for XFINANCES is around 1.6-1.9 points
Trading Platform
MetaTrader4 is a popular one chosen by XFINANCES to serve clients.
| Trading Platform | Supported | Available Devices | Suitable for |
| MetaTrader4 | ✔ | Windows, MAC, IOS, Android | Investors of all experience levels |
Deposit and Withdrawal
XFINANCES only offers credit/debit cards, bank transfers, e-wallets, such as Skrill and Neteller, and a digital currency platform Uphold as payment methods.
The deposit and withdrawal fees are a little high. Credit/debit card deposits are 3.75% + $0.50, Neteller 3-3.5%, Skrill 2.5%, and stand at $15. Withdrawal fees are $10 for credit cards, $15 for bank cards, €35 for European SEPA bank transfers and €50 for Global SWIFT.
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