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 | $5 |
Customer Support | Email: xcharter2024@gmail.com |
X Charter is a brokerage company specializing in online investment and trading services. The tradable instruments include Forex, CFDs on Shares, Futures, Indices, Metals, and Energy. The broker also provides four accounts with a maximum leverage of 1:1000. The minimum spread is as low as 0 pips. X Charter is still risky due to its unregulated status, and high leverage.
Pros | Cons |
MT5 available | Unregulated |
Various tradable instruments | High max leverage |
Spread as low as 0.0 pips | No deposit and withdrawal information |
Islamic account available | Inaccessible official website |
24/7 customer support |
X Charter is not regulated, making it less safe than a regulated one.
X Charter offers 1000+ market instruments, including Forex(50+ Currency pairs), Commodities, Stocks, index, Precious metals, Energy, and more.
Tradable Instruments | Supported |
Forex | ✔ |
Commodities | ✔ |
Stocks | ✔ |
Index | ✔ |
Precious metals | ✔ |
Energy | ✔ |
X Charter has four account types: Micro, Stanard, X Charter Ultra Low, and Shares. Traders who want low spreads can choose an x Charter Ultra Low account, while those with a sufficient budget can open a Shares account. Muslims are allowed to open Islamic accounts without swaps.
Account Type | Micro | Standard | X Charter Ultra Low | Shares |
Leverage | Up to 1:1000 | Up to 1:1000 | Up to 1:1000 | - |
Spread | As low as 1 Pip | As low as 1 Pip | As low as 0.6 Pips | - |
Commission | ❌ | ❌ | ❌ | ✔ |
Swaps | ✔ | ✔ | ❌ | ❌ |
Islamic Account | Optional | Optional | Optional | ✔ |
Minimum Deposit | 5$ | 5$ | 5$ | 10000$ |
The spread starts from 0 pips, the commission is from 0, and the swap-free. The lower the spread, the faster the liquidity.
The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.
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 |
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.
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