While the account opening process is quite fast and seamless, visitors are expected to complete their KYC. Proof of residence and ID is a mandatory requirement for completing AML/KYC that may vary xcritical cheating depending on the visitor’s location. Most of the sections can still be accessed without registration. However, AML/KYC compliance is a mandate for executing real-time trades or demo trades.

The minimum initial deposit at xcritical is $100 but it is recommended to new users to start with $500 or more so they can enjoy the full array of trading features on the platform. The brokerage is owned by the Cyprus-based xcritical Group Limited, which is xcritically one of the top brokers in Cyprus. This is a big deal because Cyprus is home to about 150 competing online forex brokerages which are constantly trying to catch up to the award-winning forex giant that is xcritical.

Commissions and Fees

Clients can choose to trade on the MetaTrader4

platform, the MetaTrader 5 platform, The cTrader platform and the Fx Pro Edge platform. All are available

as web-based trading, mobile trading, or as a desktop client. The minimum

deposit is $100 no matter which platform is used. Variable spreads are best on

the cTrader platform (avg. 0.2 pips for EUR/USD) (avg. 1.4 pips for

EUR/USD) on the MetaTrader5 platform. The proprietary mobile trading app is xcritical Direct that allows clients to trade on their mobile phones.

• According to user xcritical reviews, the verification process should take no more than a few minutes, allowing users to start trading quickly.
• xcritical Edge is a web-based platform with a well-made mobile version, but it is still in its beta stages.
• This allows traders to follow market developments on the go in real time.
• All are available

  as web-based trading, mobile trading, or as a desktop client.

• The desktop trading platform doesn’t offer two-step authentication.
• The account opening is easy, and there is a great range of trading tools and user-friendly software.

In addition to reliability, there’s one more thing that makes it stand out. Credible broker with tons of various features and trading instruments. The rest is optional and depends on the particular trader and his ambitions.

xcritical – Not an Actual Cryptocurrency Exchange

https://xcritical.pro/ accepts most of the popular currencies for deposit methods including EUR, USD, GBP, AUD, JPY, among others. VIP trading accounts have many offerings like larger trading volumes, unrestricted access to VPS, etc. The commissions are also 30% lower for cTrader platform account holders, and clients can also expect up to 30% on market spreads. It is important to trade responsibly because CFDs typically come with a high risk of losing money rapidly owing to leverage. As a matter of fact, at least 72% of retail investor accounts lose money when trading complex instruments like CFDs. Hence, it is imperative to have an understanding of the working of CFDs.

As a VIP account owner, you get up to 30% discount on spreads, and up to 30% lower commissions when using cTrader, which is a huge improvement for very active users who trade in high volumes. The xcritical cTrader also offers very competitive prices, as spreads start from the lowest possible point at 0 pips, which makes this platform the most profitable when it comes to spread-betting. This account is based around another popular top-notch platform, xcritical’s proprietary cTrader. Aside from being a handy platform, cTrader is used by a lot of brokers, so lxcriticalg about and practicing with it might be very beneficial if you decide to change brokers at some point.

FOREX KNIGHTS & xcritical

Security features are standard, with the option to replace the login with Apple’s Touch ID. Watchlists are easily customizable and it is also possible to have multiple lists. One negative for xcritical is the absence of guaranteed stop‑loss orders. Some brokers offer this feature for a fee, but xcritical does not offer this at all.

All the information pertaining to the clients/account holders is stored on secure servers. The client account is further protected with an encrypted password providing complete control to the client. This section is ideal for beginners who already understand the fundamentals of trading. It helps them garner advanced knowledge related to trading. Investment advice helps in executing profitable trades and having the technical knowledge helps strategize better.

Forex & Financial news and xcritical analytics

This can save you phone costs, but it takes longer to reach customer support this way, at least in our experience. It’s great if you would like to start trading with a low amount. To have a clear overview of xcritical, let’s start with the trading fees. First, let’s go over some basic terms related to broker fees. What you need to keep an eye on are trading fees and non-trading fees.

The cTrader platform

offers smaller spreads starting at just 0.2 pips average for the EUR/USD pairing

but charges a commission of $4.50 per 1 lot traded. The process of

opening a demo account was straight-forward and quick. The processing time varies and depends on the type of payment method involved. In the case of a wire transfer, the amount is deposited into the trader’s bank account. Needless to say, compared to other brokers, xcritical facilitates faster withdrawals.