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X Charter

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
Founded2024-01-30
Registered Country/RegionBelize
RegulationUnregulated
Market InstrumentsForex/CFDs/Shares/Futures/Indices/Metals/Energy
Demo Account/
LeverageUp to 1:1000
SpreadAs low as 0.0 pips
Trading PlatformWebTrader/MT5(PC/Tablet/Mobile)
Min Deposit$5
Customer SupportEmail: 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.

X Charter Information

Pros and Cons

Pros Cons
MT5 availableUnregulated
Various tradable instrumentsHigh max leverage
Spread as low as 0.0 pipsNo deposit and withdrawal information
Islamic account availableInaccessible official website
24/7 customer support

Is X Charter Legit?

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

Is X Charter Legit?
Is X Charter Legit?

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✔
What Can I Trade on X Charter?

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 MicroStandardX Charter Ultra LowShares
LeverageUp to 1:1000Up to 1:1000Up to 1:1000-
SpreadAs low as 1 PipAs low as 1 PipAs low as 0.6 Pips-
Commission❌❌❌✔
Swaps✔✔❌❌
Islamic AccountOptionalOptionalOptional✔
Minimum Deposit5$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 PlatformSupported Available Devices Suitable for
MT5✔PC/MobileExperienced traders
Trading Platform
Trading Platform

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.

BrokerDealer

Related broker

No Regulation
X Charter
Company name:Trading Point of Financial Instruments Ltd
Score
1.33
Website:https://www.xcharterfx.com/en.html
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.33

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