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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 15.20% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+357 25349815
info@xpartners.com
https://xpartners.com
ERATO BUILDING, Floor 2nd, Ayiou Athanasiou 74, Limassol 4102, Cyprus

Licenses

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

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-27
  • 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!

WikiFX Verification

xPartners · WikiFX Survey

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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

Broker Information

Company Name

Goldenburg Group Ltd

Abbreviation

xPartners

Regulatory Status

Suspicious Clone

Platform registered country and region

Cyprus

Company website
Type of License

Description of Approved License Type

Type I

The financial instrument business deals with highly liquid securities and provides derivative transactions, which have characteristics.

As mentioned above, the main business content of the first type of financial instrument business operators can be roughly summarized as securities business (securities, securities CFD, etc.), financial futures business (FX), derivative trading business related to cryptocurrencies, securities management, etc. The work can be divided into four categories.

Type II

The financial instrument business basically refers to funds (shares of collective investment plans), trust beneficiary rights with lower liquidity, that is, financial instrument transactions excluding major securities such as stocks and corporate bonds. These are referred to as "equivalent securities" in the various items listed in the second paragraph of Article 2 of this Sale Business Law (hereinafter referred to as "equivalent securities").

In addition, the self-issuance (private placement and public offering) of certain securities such as investment trust beneficiary rights that are not regarded as securities, currency-related market derivative transactions, etc. are also positioned as Type II financial instrument business.

Phone of the company
  • +357 25349815

X

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Facebook
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YouTube

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Company address
  • ERATO BUILDING, Floor 2nd, Ayiou Athanasiou 74, Limassol 4102, Cyprus

  • 1 Siafi Street Porto Bello BLD, 3042 Limassol Cyprus

Linkedin

--

WhatsApp

--

QQ

--

WeChat

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Customer Service Email Address
  • info@xpartners.com

  • support@xpartners.com

Company Summary

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