Xtream Forex Broker Reviews and Full Information

COMPANY INFORMATION

XtreamForex is a legally registered forex broker with its headquarters in the Marshall Islands, but it is not regulated by any government agency in the United States.

AVAILABILITY

Clients from all over the world are welcome at XtreamForex, with the exception of some countries where restrictions apply.

DISTINCTIVE FEATURES

• Simple registration and verification process.
• Various promotions and educational materials.
• Growing pool of copy-trading accounts to follow.
• Bitcoin funding accepted.

TRADING INSTRUMENTS

Forex broker offers the following underlying assets for trading.

COMPREHENSIVE REVIEW

Trading in forex and CFDs since 2015, Xtream Forex has been a part of the brokerage industry, serving traders from all over the world. The company is based in the Marshall Islands and operates as an offshore forex and CFD broker.

Despite the fact that it has been in the industry for a number of years, Xtream Forex is still an unregulated broker. Because of this, users should not expect any form of compensation if the broker goes out of business, and they should not expect any form of compensation if the broker goes out of business in the rare event that they have a problem with the broker.

However, there are some advantages to trading with unregulated forex brokers, such as higher trading leverage, a simpler account verification process, and the ability to fund the trading account with Bitcoin and, in some cases, other cryptocurrencies, among other things. As a result, traders on unregulated exchanges have a better chance of maintaining a higher level of privacy than those trading on regulated "onshore" exchanges.

In addition to accepting bitcoin as a form of payment, Xtream also provides trading in a variety of cryptocurrencies for those looking to profit from the wild price swings that can be found in this market. As for the cryptoassets available from the broker at the time of writing, they include, of course, Bitcoin. But they also include Litecoin, Ethereum, Ripple (XRP), Dash, and a whole host of other lesser-known cryptocurrencies.

Xtream also provides trading in more than 60 major and minor forex pairs, a variety of global stock indices from Asia, Europe, North America, and Australia, and single stocks of some of the world's most well-known corporations.

All assets are traded on either the MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms, which are well-known as two of the most popular trading platforms in the history of online forex trading. MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are two of the most popular trading platforms in the history of online forex trading. Each of the platforms, which were first introduced in 2005 and 2010, respectively, has a large built-in marketplace for "Expert Advisors" (trading robots), in addition to a variety of custom trading strategies and indicators.

Additionally, in addition to the two MetaTrader trading platforms, Xtream Forex provides a FIX API solution that can be used in conjunction with other trading platforms.

If you're looking for different account types, Xtream Forex offers the following options:
– Micro: Designed for new traders, with commission-free trading and spreads as low as 1 pip, micro accounts are ideal.
Spreads start at 1 pip with a minimum deposit of USD 250. – Standard: With a minimum deposit of USD 250, commission-free trading and spreads start at 1 pip.
– ECN: This is the best option for traders with more capital, as it charges a commission of USD 7 per trade and offers spreads starting at 0 pips.
A good option for large traders with capital in excess of USD 5,000 is the ECN Pro. A commission of USD 5 per trade is charged, and spreads start at 0 pips.
– VIP: This level is reserved for the largest traders with capital in excess of USD 20,000. Commissions of USD 1 per trade and spreads starting at 0 pips are standard.

Other than standard account types, Xtream also provides certain "social trading" features such as copy trading in addition to the standard account types. It is possible to register as either a copier ("investor") or as a fund manager ("fund manager"), depending on your preferences and financial situation. If you are looking to earn passive income, the former option is the best choice. However, if you believe you have an advantage in the market and would like to earn additional income by managing funds on behalf of others, becoming a fund manager may be an attractive option.

All of the trading account types listed above can be funded using a variety of methods, including credit or debit cards, bank wire transfers, and the usual e-wallet services such as Skrill, Neteller, FasaPay, WebMoney, and other similar services. Additional features include the ability to make bitcoin deposits and withdrawals, which has become increasingly popular among offshore brokers in recent years.

Finally, we would like to point out that, despite the fact that the broker claims to be "registered and regulated by the Marshall Islands" on its website, this is not the case. Our knowledge of this is based on the well-known fact that no government authority on the Marshall Islands regulates foreign exchange brokers. A broker is simply registered as a corporation in this offshore jurisdiction, which is legal in and of itself, though the broker should not claim to be "regulated" by any government.