Score
XPOFX
Cyprus|5-10 years| https://www.xpofx.com
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
Cyprus
5-10 years Suspicious Regulatory License Suspicious Scope of Business High potential riskUsers who viewed XPOFX also viewed..
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Website
Most visited countries/areas
Norway
United States
Sweden
xpofx.com
Server Location
United States
Most visited countries/areas
Italy
Website Domain Name
xpofx.com
Server IP
108.167.146.133
Company Summary
Note: XPOFX's official website: https://www.xpofx.com is currently inaccessible normally.
| XPOFXReview Summary | |
| Founded | 2015 |
| Registered Country/Region | Cyprus |
| Regulation | No regulation |
| Market Instruments | 20 currency pairs, precious metals |
| Demo Account | ❌ |
| Leverage | Up to 1:100 |
| EUR/USD Spread | From 4 pips (Standard account) |
| Trading Platform | MT4/MT5 |
| Min Deposit | $500 |
| Customer Support | Tel: +971 43552209 |
| Email: support@xpofx.com | |
XPOFX Information
Founded in 2015, XPOFX is an unregulated broker registered in Cyprus, offering trading on 20 currency pairs and precious metals with leverage up to 1:100 and spread from 4 pips on the Standard account via the MT4 and MT5 trading platforms. However, risk-free demo accounts are not available and the minimum deposit requirement to open a live account is as high as $500.
Pros and Cons
| Pros | Cons |
| MT4/MT5 platform | Inaccessible website |
| Popular payment options | No regulation |
| Limited tradable asset classes | |
| No demo accounts | |
| Wide spreads | |
| High minimum deposit requirement |
Is XPOFX Legit?
No. XPOFX currently has no valid regulations. Please be aware of the risk!
What Can I Trade on XPOFX?
Investors can trade over 20 currency pairs, as well as some precious metals products. XPOfx offers a slightly smaller variety of trading assets than most other brokers.
| Tradable Instruments | Supported |
| Currency pairs | ✔ |
| Precious metals | ✔ |
| Indices | ❌ |
| Stocks | ❌ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
Here are four account types XPOFX offers:
| Account Type | Min Deposit |
| Standard | $500 |
| Gold | $1,000 |
| Platinum | $5,000 |
| Classic | $10,000 |
Leverage
The maximum leverage level offered by XPOFX is up to 1:100, in terms of forex major pairs trading. Since leverage, can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders.
Spread
Spreads vary depending on various trading accounts. The Spread on EURUSD pair starts at 4 pips for the Standard accounts, 3 pips for the Gold account, 2 pips for the Platinum account, and 1 pip for Classic account, apparently much higher industry standard (1.5 pips).
| Account Type | Spread |
| Standard | From 4 pips |
| Gold | From 3 pips |
| Platinum | From 2 pips |
| Classic | From 1 pip |
Trading Platform
Like most traders, XPOFX offers traders the most popular MT4 trading platform on the market today, as well as the latest generation of MT4 - the MT5 trading platform. MT4 is highly respected by most traders around the world for its unparalleled charting package, a vast array of technical indicators, EA's and a large number of backtesting options.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | PC | Beginners |
| MT5 | ✔ | PC | Experienced traders |
Deposit and Withdrawal
The broker accepts payments via wire transfer, VISA, MasterCard credit cards, and e-wallets like Skrill, Neteller, Perfect Money, etc.XPOfx takes 1 day to process withdrawal requests.
Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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