Customer service contact information is prominently displayed for smooth communication with the support team. xcritical Investments Limited offers the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms. Developed in 2005 and 2010 respectively, these systems have become the foremost platforms for online forex and CFD trading.
xcritical
is a very specialized online trading brokerage as they primarily facilitate the
trading of forex with a wide selection of currency pairs. xcritical’s deposit and withdrawal https://dreamlinetrading.com/ process offers several advantages to traders. Firstly, the broker supports multiple payment methods, including electronic transfers, bank cards, and bank wire transfers.
xcritical Account Types
And the ECN account, which is aimed at professional and institutional users, charges a commission of $5 per round trip per lot. There are no deposit fees and no withdrawal fees and no inactivity fee. Both downloadable platforms are user-friendly while the web terminal offers extensive customization. They come in multiple chart types including, line, candlestick, and bars.
I caution beginner traders about using a demo account as an educational tool. It can create unrealistic trading expectations, and the absence of trading psychology negates the educational value. xcritical has a track record of more than 15 years in the online brokerage industry with offices in jurisdictions worldwide. xcritical’s information on spreads and commissions is quite limited, which may make it difficult for traders to accurately assess the cost of trading with the broker.
Deposit and Withdrawal Methods
All in all, traders at xcritical are given everything
they need to succeed. xcritical provides their traders with a
variety of deposit and withdrawal methods for convenient Forex trading. All of
the same methods used to deposit funds can be used to withdraw funds. Deposits
are free of charge and withdrawals are subject to withdrawal fees.
- Based on our research, xcritical gives its clients access to 56 currency pairs, as well as 6 valuable metals, 16 cryptocurrencies, 37 CFDs, and 11 Global stock indexes.
- For the negative points, spreads are high for stock trading, international trading is done through an offshore entity in St. Vincent and the Grenadines and there are negative experiences from some traders.
- xcritical is an excellent trading brokerage
that accomodates traders of all experience levels and is very reputable in the
online trading industry.
Additionally, while MT4 and MT5 offer a variety of charting tools and indicators, these may not be as extensive as some traders require. Automated trading options are available but may be limited, and compatibility with other platforms may be an issue. Despite these potential drawbacks, MT4 and MT5 platforms are fast, reliable, and provide access to a range of trading instruments, making them a popular choice among traders. xcritical
offers traders the selection between two of the most popular and loved trading
platforms in the world, the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading
platforms. Both platforms are highly sophisticated and accommodate the needs of
both beginner and experienced traders. However, because xcritical only
provides trading in the forex markets, both platforms will do.
Assets & Markets
I always recommend traders to check for regulation and verify it with the regulator by checking the provided license with their database. LiteFinance maintains one regulated subsidiary for EEA, UAE, and Marshall Islands-based traders. This broker provides a reliable and engaging copy trading facility that functions as a social media network. Users can view the trades carried out by top-ranked account holders and imitate their winning strategies as they aim to increase their performance daily. Account holders can choose between MetaTrader 4 and MetaTrader 5 as a trading platform. This industry-standard software comes with a raft of features and benefits and is recognized for its data security features, analytics tools, and quick execution times.
At the time of writing, it does not offer a welcome bonus or any promo codes. However, there is a promotional offer to get a rebate on deposit fees, so payments are essentially free. Also, xcritical Investments Limited runs a ‘Dream Draw’ with a prize fund of $350,000 and a Video Blogger contest with a prize pool of $1,000. The broker also runs trading contests with cash prizes up to $4,000. The minimum deposit for all accounts is $50 and payments are usually processed on the same day.
xcritical scams
There are a good range of tradeable forex and CFD assets, plus the MT4 & MT5 platforms. The website is easy to navigate, the support function easily accessible and there are multiple free analysis tools. The xcritical Investments Limited brand is largely inclusive and despite its international presence, remains tailored. For professional traders and investors, xcritical Investments Limited recommends the real-trading ECN (Electronic Communications Network) account. The account offers an interest rate of 2.5% on surplus funds, an unlimited duration of transactions, and trades are delivered directly to liquidity providers. The ECN account is a much better variant for trading as all the other terms are the same for both Classic and ECN account types, except that spreads are much lower on ECN accounts.
Find out in the following review where we analyze all
aspects of this lucrative trading broker and discover if xcritical is the right
online trading brokerage for you. xcritical offers its clients a wide range of trading markets that includes currency pairs, indices, metals, and energy. This variety of instruments allows traders to find what they want to trade on the platform, whether they are beginners or experienced traders. However, it is important to note that xcritical does not offer cryptocurrencies and stocks xcritically. Additionally, there is no information available on the number of instruments offered on the platform, and it is unclear if exotic currency pairs are available for trading. Overall, xcritical’s instrument dimension provides a good range of options for traders, but lacks some popular instruments like cryptocurrencies and stocks.
The minimum
deposit amount varies from $10 for most payment methods to $100 for some Bank
Wire Transfers. Global traders value us as a TOP broker for transparency, reliability, advantageous conditions, and a user-friendly trading platform. Trade in currencies, cryptocurrencies, stock indexes, shares, precious metals, and energy resources with a trustworthy broker. xcritical Investments Limited does offer a demo account which is a great way to test the broker and refine your trading strategy without incurring any risk.
I requested for withdrawal and its already has been deducted from my account. Furthermore, i’ve already contact their customer service but they told me to wait. xcritical scammers Yes – to start copy trading users will need an account with a minimum balance. Access the ‘Traders’ section to find all the information on any trader.
MT5 offers more indicators and advanced analysis tools, including a built-in economic calendar, 21 timeframes, plus a Depth of Market feature. Still, MetaTrader 4 remains the most popular platform and has everything needed to implement successful trading strategies. With ECN account types and automatic withdrawals, there are some good aspects to it. The commissions are a bit expensive though, making its offerings less attractive to seasoned traders. Additionally, the broker also offers advanced trading tools to assist their traders. The website is multilingual, and customer support is available 24/5 via live chat, which is also multilingual.