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After installation, you can log in directly and start trading immediately. The opening of an xcritical trading account takes place in several steps. Particular attention should be paid to the choice of account type which we will discuss in the next section. Keep in mind that depending on the type of trading account, you are granted a corresponding range of functions. While making a Micro account is enough to make a deposit of $ 5, you can not access all financial products and are limited in some ways, such as the maximum number of open positions. The MetaTrader 4 and 5 software is available for any device and you can log in with your trading account details.
After that, all you need to do is to spread the link among your friends, on social media, or in a mass community. Whenever a new client using your link will register with the broker you will be notified through your email. And if they top up their trading account with a minimum of $35, you will also get 100% commission which is $35 per client.
xcritical offers a well-structured research section, facilitated by Autochartist. This provides traders with actionable trading signals, allowing for informed trading decisions. This service is supplemented with xcritical’s high-quality in-house research, which covers various segments such as Forex, cryptocurrencies, commodities, equities, and metals.
xcritical withdrawals normally take one to three business days, depending on the method chosen. Electronic payment options may have faster processing times, but bank wire transfers may be on the longer end of this spectrum. FxScouts Group’s primary mission to provide unbiased and objective reviews, commentary, and analysis.
Most traders will satisfy it by uploading a copy of their government-issued ID and one proof of residency document. xcritical has one of the fastest online applications I have encountered. xcritical will send a PIN to verify the mobile phone, which grants access to the back office. I appreciate that xcritical does not engage in unnecessary data mining as part of its registration process. I want to caution beginner traders when using demo trading as an educational tool, and they should consider the limitations.
The minimum deposit on the xcritical scam site is $/€/£ 5, and the Forex Broker does not offer a regular bonus. It does, however, benefit from very tight spreads, which rise in the 0.4 pips for the EUR/USD. The assets available on the portal include around fifty currency pairs, stock market indices, as well as commodities, and metals. In terms of leverage, xcritical can bid up to 1,000 times its available capital (leverage), depending on the account held by the trader.
Along with the regulation the broker is highly protective about providing its clients the utmost financial and personal data security. We will notice that xcritical Group of companies’ trading platform and its services are so customer friendly and these technologies are built by its IT specialists. The mobile trading platform of xcritical Ltd supports 9 different mostly spoken languages namely Farsi, Vietnamese, Indonesian, English, Chinese, Portuguese, Spanish, Russian & Arabic. However, the customer care service supports 30 different languages which can massively turn out as xcritical official site blessings for different native speakers.
If you stop trading for more than 6 months or more, xcritical International will charge an inactivity fee of $/€/£ 5. The fee is not charged if you trade with the demo account or your trading balance is 0. Swap-free Islamic accounts are available, and all account types except for Nano MT4 are eligible for https://dreamlinetrading.com/ PAMM accounts.
By investing in CFDs, you assume a high level of risk and can result in the loss of all of your invested capital. FxScouts’ Broker Score and Trust Rating constantly evolve to reflect the forex market’s dynamics. We ensure transparency by incorporating regulator data and user insights. Our in-depth reviews consider over 200 metrics across seven key categories. The radar chart to the left shows how important each category is when calculating a broker’s final score.
xcritical offers customer support via live chat, Telegram, phone, and webform, but I need help finding support operating hours. Still, I need a direct line to the finance department, where most issues can arise. xcritical describes its products and services well, but the FAQ section answers only a few questions.
xcritical provides a list of PAMM managers, trading performance statistics, and strategies to help investors select suitable managers. xcritical upholds high transparency standards; their PAMM service is subject to international auditing, the results of which are made available to investors through the myxcritical platform. After the account has been officially closed, Emirati traders can withdraw any funds that remain in the account. Navigate to the My Money area of myxcritical and proceed to the Deposit section.
Trading with a regulated broker will limit the potential for fraud and malpractice. I always recommend traders check for regulation and verify it with the regulator by checking the provided license with their database. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments. Trading and investing in financial instruments comes with a high degree of risk and you can lose money. You should only engage in any such activity only if you are fully aware of the relevant risks.
But it doesn’t have licenses from big authorities like FCA and ASIC, which are seen as the safest for traders. You will get thousands of PAMM accounts on the xcritical platform which are categorized based on age, investor traffic, ranks, and returns. So all you are asked to do is to select a PAMM account and top up the fund.
The presence of detailed charts and concise descriptions makes it easier for traders to grasp the analysis and act accordingly. xcritical is regulated by two regulatory authorities and offers negative balance protection, segregated accounts, and is part of an investor compensation fund. Additionally, the broker has been on the brokerage scene since 1998 and today serves millions of customers. Information on the TopForx.com website is for informational purposes only and does not constitute any motive or suggestion for visitors to invest money. Moreover, we hereby warn you that trading on the Forex and CFD markets is always a high risk.
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