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/10

xPartners

Cyprus|5-10 years|
Suspicious Scope of Business|High potential risk|

https://xpartners.com

Website

Rating Index

Influence

Influence

D

Influence index NO.1

Russia 2.51

Surpassed 100.00% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+357 25349815
info@xpartners.com
https://xpartners.com
1 Siafi Street Porto Bello BLD, 3042 Limassol Cyprus

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Contact number

English

+357 25349815

Other ways of contact

Broker Information

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Company Name

Goldenburg Group Ltd

Abbreviation

xPartners

Platform registered country and region

Cyprus

Company website
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Warning: Low score, please stay away! 3
Previous Detection : 2024-07-09
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The CyprusCYSEC regulation (license number: 242/14) claimed by this broker is suspected to be clone. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

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xPartners · Company Summary

General Information & Regulation

xPartner provides comprehensive investment services internationally and is committed to bringing its clients the best opportunities in Forex and CFD trading. xPartner currently holds a straight-through license (license number: 242/14) from the Cyprus Securities and Exchange Commission (CySEC).

Market Instruments

Investors can trade a range of popular financial instruments with xPartner, including Forex currency pairs, as well as CFDs on indices, commodities, precious metals, and stocks.

Minimum Deposit

xPartner offers investors a standard account only, with a minimum deposit requirement of $100.

xPartner Leverage

When it comes to trading leverage, the maximum trading leverage offered by xPartner is up to 1:100. Since leverage can amplify both gains as well as losses, it is important for traders to learn how to use leverage and management risks.

Spreads & Commissions

The average spread on the xPartner platform is 3 pips for a standard account in EURUSD, which is much higher than the industry standard. In addition, xPartner charges several additional fees, such as dormant account fees (40€/month), swap, and financial transaction taxes for stock trading.

Trading Platform

xPartner provides traders with the world's leading MT5 trading platform. Like the previous generation MT4 trading platform, MT5 also has excellent charting tools, many market indicators, and easily customizable robotic trading to help traders automate their trading.

Deposit & Withdrawal

xPartner supports traders' deposits via VISA, Maestro, wire transfer, Dotpay, but only wire transfers are supported, and the withdrawal amount cannot be less than $250. xPartner does not charge any fees for deposits and withdrawals.

xPartner Pros & Cons

xPartner Advantages Include:

1. Cysec regulation

2. Acceptable minimum deposit amounts

xPartner Disadvantages Include:

1. Only one account type

2. High spreads

3. Additional fees, swap fees, inactive account fees (40 EUR monthly).

4. One way of withdrawal only

User Reviews

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4

Comments

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FX1227720679
more than one year
No legitimate business does this. They want me to pay an expensive transfer fee which is not specified on their site. More lies to trick you out of your money! Stay away from these scammers!
2023-02-15 14:41
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0
0
FX1050626933
more than one year
I saw someone on this page saying that the transaction fee is high, so I went to the company's website to have a look, omg it's really high. Isn't this stealing money?
2022-11-27 11:09
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0
0
杜佳伟
more than one year
Trading fees at xPartners are very high. Not only up to 3 pips spread for the EUR/USD pair but also €40 per month dormant account fees. There is also a certain limit on the withdrawal amount, which cannot be lower than $250, otherwise, the withdrawal cannot be made.
2022-11-24 17:10
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0
0
朱超
more than one year
Extra fees, high trading fees, I won’t be so foolish to trade with this broker. Not professional and transparent at all, self –contradictory… does this platform really know what they are doing?
2022-11-24 13:37
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0
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