Xtream Markets LTD
Founded in 2015
Online since 2020
Marshall Islands Business Corporation Act
As a professional trading broker reviewer at DayFunded, our mission is crystal clear: to lend you a well-informed perspective on various trading platforms. Today, we delve into the heart of XtreamForex!
Launched by Xtream Markets LTD in 2015 and online since 2020, XtreamForex is much more than a late entrant in the world of Forex trading platforms. It comes equipped with a bounty of broker features and a generous maximum leverage, but is it right for you? Let's find out!
Many new and casual traders often perceive the world of Forex trading as an exclusive club with high financial barriers to entry. XtreamForex, however, surely turns the table on this notion. To begin with, it has a minimum account size of just $5, making it accessible for beginners and casual investors. Furthermore, with a minimum position size of 0.01, you can start trading without overexposing yourself to the risks of the market.
XtreamForex doesn’t compromise on offerings for its traders, regardless of their trading volume or account size. There are slew of broker features designed to enhance traders' experience. Included at no extra charge is access to free education resources, allowing traders to constantly upskill and stay up-to-date on market developments.
The inclusion of Virtual Private Servers (VPS) gives traders the edge of fast and secure transactions while segregating accounts ensures the safety of your funds by keeping them separate from the company funds. Another exciting feature of XtreamForex is the provision of bonuses. These incentives keep traders engaged and provide extra funds for trading, a generous offer not provided by all platforms.
Despite its pros, XtreamForex does come with some areas for caution. For one, there's a significant lack of "serious regulation." While often overlooked, regulatory oversight ensures that brokers operate with transparency and fairness.
It's also worth noting that XtreamForex forbids US traders from participating. If you're a trader based in the US, you'll need to consider other alternatives.
When it comes to trading costs, XtreamForex shines with its low spreads, which is a key factor for any profit oriented trader. The broker also stands out in its impressive maximum leverage, labeled as recLg5mfiVF2pajoc
. This feature allows traders to amplify their exposure to price movements and potentially magnify their gains.
Despite its flaws, XtreamForex is a platform worth considering, particularly for non-US traders. Its low entry thresholds paired with a multitude of beneficial features lend it a distinct advantage. However, the lack of stringent regulation must be taken into account. As always, we recommend that you evaluate the platform against your particular trading style and financial goals. Stay tuned to DayFunded for more in-depth trading broker reviews!