brokers

XBTFX(xbtfx.io): Reviews-SCAM

Contact

  • Site: xbtfx.io;
  • Email:  support@xbtfx.io;
  • Social media pages (Twitter, Facebook or Reddit);
  • Office location: Kingstown, St. Vincent
  • and the Grenadines.

General information

XBTFX was founded in 2019 and since then has been actively promoting its services in the financial markets. This cryptocurrency-based CFD provider claims to already have 4 remote office centers, as well as over 20 contractors and employees, working with licensed liquidity providers. XBTFX provides the following statistics:

  • payments within 24 hours after receipt of the request;
  • order execution speed less than 10 ms;
  • support work 24/7;
  • trade turnover over $10,000,000,000.

The company lists the use of advanced technologies, a high level of security and excellent liquidity among the main advantages.

XBTFX LLC is officially registered in Saint Vincent and the Grenadines. The platform has a legal address, as well as a full package of internal documents.

  • Privacy Policy
  • Cookies Policy;
  • Terms of Service;
  • AML policy;
  • Bonus policy;
  • Risk Disclosure Notice;
  • Islamic Accounts TOS.

XBTFX does not provide services to residents of the United States, Canada, Belgium, Sudan, North Korea, and other jurisdictions where it is prohibited by law.

How to earn with XBTFX?

There are 200+ assets available on the XBTFX platform (currencies, cryptocurrencies, indices, commodities), you can trade using cTrader, MetaTrader 5 and 4. There are also opportunities for passive income – PAMM/MAM & Copy Trades.

There are two tariff plans:

Standard The minimum deposit is 10 dollars. Features: zero fees for deposits/withdrawals, spreads from 1 pip, leverage 1:500, automated trading, no restrictions on strategies;

ECN. The minimum deposit is 10 dollars. It differs from the previous tariff by the presence of a commission of $3.5 per lot, spreads from 0.01 pips.

You can also join a three-level affiliate program and earn up to 30% of what referrals receive. Profits are paid out in USDT.

Summing up

XBTFX does not provide scanned copies of the certificate of incorporation and license confirming the legality of the work. There are both positive and negative reviews from real customers. Have you already partnered with this broker or are you planning to register on the platform? Leave a review and share your personal opinion.