Xpoken reviews

Xpoken_logo Xpoken 5/10 (votes 2372)

On-line since: 2006
Country of origin: Saint Vincent and the Grenadines
Regulation: Saint Vincent and the Grenadines Financial Services Authority
Payment options: Visa, Mastercard, Secure SSL
Minimum account size: $100
Minimum lot size: 0.01
Leverage: 1:400
Spreads: 1.2

About company

ECN investment broker Xpoken was founded in Saint Vincent and the Grenadines in 2021. There is no regulatory body or there is no information about it.

Competitive advantages of the broker as described on its website: over 400 trades to invest, no requotes and no slippage Investing with confidence Investing with confidence investing and trading at your own pace and limits with a rich collection of investment options exceptional trading services providing a complete , professional investment assistance, as well as a safe and convenient online trading environment, fast withdrawal of funds without additional fees, free educational tools and market analysis, selection from a huge range of assets such as currencies, stocks, commodities and energies, derivatives through a trading platform with multiple assets, XpTrade, investing in major currency pairs with up to 400:1 leverage and effective risk management, mobile trading, placing trades anywhere, anytime, with real-time pricing and advanced charting models, secure payment methods, trading forex, stocks and derivatives from ONE trading account, secure transactions, simple and secure payment methods, investing in the largest international markets with high volumes, a choice of over 250 products in various asset classes.

Trading conditions

The following types of trading accounts are available for registration with the broker: Student (minimum deposit $100), Starter (minimum deposit $10,000), Premium (minimum deposit $50,000), ADVANCED (minimum deposit $100,000), PRO (minimum deposit $500,000), VIP (minimum deposit $1,000,000. Currency trading, spot commodities, spot indices, spot energies, digital currencies, spot stocks – these are the assets available for trading for the broker’s clients. A free demo account to test strategies without investments and risks is not available. To start trading, you need to register a trading account and fund it with $100. Information about welcome bonuses, affiliate programs, competitions for traders, educational base or trader's tools is not available or missing.

Trading platforms

Broker Xpoken provides its clients with free access to its own customized trading platform XPTRADE MULTI-ASSET PLATFORM. A web terminal for trading through a browser and a mobile application are also available.

Technical support

The customer support service is available 24/5 and handles all inquiries by phone +18008614098, email info@xpoken.com or through the live chat window on the company's website.

Deposit/Withdrawal

To replenish a trading account or withdraw profits, clients need to use the following methods: Visa, Mastercard, Secure SSL.

Trader reviews

On the Internet, we found almost 100% negative reviews. Among them, the main claims are: fraud, scam, blocking the withdrawal of funds, unwillingness of technical support to deal with requests, offshore registration.

Broker Advantages

  • Technical Support Contacts
  • A large number of trading accounts
  • Leverage up to 1:400
  • Own trading platform

Broker Disadvantages

  • Scam suspicions
  • Unqualified technical support
  • Offshore registration
  • A large number of negative reviews

Conclusion

Choosing a broker to work with is practically the most important choice in a trading career. When checking a broker, you need to pay attention to: the reputation of the broker, the presence of a reliable regulator, the work of technical support, real trading conditions, truthful feedback from traders and the speed of withdrawal of funds. This overview should not be taken as advice or a guide to action.

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