Introduction

BrokerXP.com is a website that provides an online platform for trading and investment. The website is operated by XP Investments Limited, a company registered in England and Wales with company number 09666505. The website offers a variety of services, including online trading, investment advice, and account management. It also provides a mobile app for Android and iOS devices. In this review, we will take a look at the BrokerXP.com website and its features, as well as the pros and cons of using the site. We will also provide our own rating for the site.

What is BrokerXP.com?

BrokerXP.com is a online broker that offers trading in forex, CFDs, and binary options. The broker is headquartered in Cyprus and is regulated by the CySEC.

The broker offers three account types: Standard, Gold, and VIP. The Standard account requires a minimum deposit of $250 and gives the trader access to the web-based platform with a leverage of up to 1:200. The Gold account requires a minimum deposit of $5,000 and gives the trader access to the web-based platform with a leverage of up to 1:400 as well as a personal account manager. The VIP account requires a minimum deposit of $25,000 and gives the trader access to the web-based platform with a leverage of up to 1:500 as well as a personal account manager and daily market analysis.

The broker also offers Islamic accounts which are swap free.

The broker uses the MetaTrader 4 platform for trading forex and CFDs. For binary options trading, BrokerXP uses its own proprietary platform.

The Minimum withdrawal amount is $100 for wire transfers and $50 for credit/debit cards. Withdrawals are processed within 3 business days.

The broker offers 24/7 customer support via live chat, email, or telephone.

Regulations

The main regulatory body for binary options brokers is the Cyprus Securities and Exchange Commission (CySEC). BrokerXP.com is a Cyprus-based broker and is therefore regulated by CySEC. Other than that, the broker is also registered with the Financial Conduct Authority (FCA) in the UK.

As far as security of funds is concerned, BrokerXP.com keeps client funds in segregated accounts with tier-1 banks. The broker is also a member of the Investor Compensation Fund (ICF), which protects traders’ funds up to €20,000 in case the broker becomes insolvent.

In terms of platforms, BrokerXP.com offers its proprietary web-based trading platform as well as the popular MetaTrader 4 (MT4) platform. The web-based platform is user-friendly and ideal for beginners, while MT4 is more suited for advanced traders.

BrokerXP.com has a few advantages over other brokers. First, it offers low minimum deposit and trade requirements, which makes it accessible to a wide range of traders. Second, it has a wide variety of tradable assets including forex pairs, stocks, indices, commodities, and cryptocurrencies. And third, it provides 24/7 customer support via live chat, email, and phone.

There are a few drawbacks to consider as well. First, BrokerXP.com does not offer demo accounts, so new traders will have to start trading with real money from

Platforms

There is a lot to like about BrokerXP.com when it comes to the platforms that they offer. For starters, they are one of the few online brokers that offer MetaTrader 4 (MT4). This is easily the most popular trading platform in the world and it is great to see that BrokerXP.com has made it available to their clients.

In addition to MT4, BrokerXP.com also offers WebTrader. This is a web-based trading platform that does not require any software download or installation. It is perfect for those who want to trade on the go or from any computer with an internet connection.

Finally, BrokerXP.com also has a mobile trading app available for both Android and iOS devices. This allows traders to stay connected and place trades while on the go. The mobile app is very well designed and easy to use.

Pros and Cons

There are a number of pros and cons to consider when thinking about using BrokerXP.com for your online trading needs. On the plus side, the company is regulated by both the Cyprus Securities and Exchange Commission (CySEC) and the Financial Conduct Authority (FCA). This provides some peace of mind that your money will be safe and that you will be able to trade with confidence. The company also offers a variety of different trading platforms, so you can choose the one that best suits your needs.

On the downside, some users have complained about the customer service at BrokerXP.com. Additionally, the company’s spreads are not as competitive as some other online brokers. Finally, it is worth noting that there have been some negative trader reviews of BrokerXP.com online.

Overall, BrokerXP.com is a decent option for online trading, but it is important to be aware of both the positives and negatives before making a decision about whether or not to use this broker.

Traders Ratings

If you are looking for a broker that is regulated by a top financial authority, offers multiple platforms, and has both positive and negative reviews from traders, then BrokerXP.com may be the right broker for you.

BrokerXP.com is a Forex and CFD broker that is regulated by the Cyprus Securities and Exchange Commission (CySEC). This regulatory agency is one of the most respected financial authorities in the world. The broker offers the MetaTrader 4 and 5 platforms for trading Forex and CFDs. These are two of the most popular trading platforms in the world and offer a wide range of features and tools for traders.

There are both positive and negative reviews from traders about BrokerXP.com. Some traders have complained about the spreads on the broker’s platforms, while others have praised the customer service team for being helpful and responsive. Overall, it seems that this broker has a mixed reputation among traders.

If you are considering opening an account with BrokerXP.com, be sure to read our full review first to get all the information you need to make an informed decision.

Conclusion

Overall, BrokerXP.com is a reliable and trustworthy broker that offers a great trading experience. They are regulated by CySEC and offer a wide range of assets to trade on their platform. The only downside is that they don’t have a mobile app, but other than that, they are a great choice for online trading.