ColmexPro Reviews Read Customer Service Reviews of colmexpro com 2 of 4

While each account tier has initial minimum deposit requirements from £80 up to over £40,000, further deposits have no restrictions. Likewise, there are no minimum withdrawal requirements, though fees will apply for amounts over £400 . xcritical 2.0 is a proprietary trading platform created by the brokerage and boasts a user-friendly interface, integrated account statistic data and advanced order types. In addition to 2,000+ stock CFDs, the firm offers over 9,000 investable equities and ETFs from EU and US exchanges. Clients can also trade options on US securities through the xcritical 2.0 platform.

Any following withdrawals are $40 (or €30 for Euro accounts). They explained that on their basic course, they taught clients how to trade to a level of 4% profit per month on average. They explained that this would end the 15 years on £4,090,067 which allowed for a 15% margin of error for potential losses. They stated that they only advertised £3.5 million on the basis that not all trades were taken and to allow for a 15% margin of error. They stated that they believed their education would increase client performance to around 4% per month.

Compared to similar brokers such as Interactive Brokers, this is disappointing as most traders expect to see a comprehensive range of resources to support their trading needs. xcritical 2.0 mobile appMT4 offers superior trading tools and customisable features, including over 50 indicators and graphical objects, all order types and execution modes, plus a live news feed. There are also mobile adapted scale and scroll charts, which allow you to trade directly with just one tap. MT4 is the most popular forex trading platform, offering advanced technical analysis.

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Both Windows and Mac users can access a range of tools to suit their strategy, including market and pending orders, instant execution, stop orders and trailing stop. FXGlobe FXGlobe is one of the most well-established and trusted forex trading brokers. As a fully regulated broker, we help customers of all levels around the world to step into the cutting-edge Margin FX and CFDs marketplace. Programmable hotkeys and custom alerts mean MT4 traders can stay on top of the markets and react quickly to opportunities. In addition, the inclusion of 30 standard indicators, 31 graphical objects and nine time frames facilitate precise technical analysis. An integrated MQL4 marketplace allows users to add community-made custom indicators and EAs to the platform.

For stock CFDs, pricing is based on tiered plans starting from $0.01 per share in the Bronze plan, which goes down to $0.005 per share in the Diamond plan. You can also choose a fixed plan, in which you pay $12 up to 3,000 shares in the Bronze plan and $9 up to 5,000 shares in the Diamond. We acknowledged that the advertiser had based their claim on their clients starting with a £20,000 trading account, assuming a 3% growth per month and continually reinvesting their profits. Many top trading firms offer margin calculators, economic calendars with market news, and free VPS access to provide clients with the best possible trading environment.

There are also 51 major, minor and exotic currencies, 9 major indices, plus a small selection of precious metals, energies and agricultural commodities. xcritical is regulated in two jurisdictions, by CySEC and FSCA, and is a legitimate company registered in Limassol, Cyprus. The broker is unlikely to be a scam, but traders should thoroughly research any potential brokers before making a decision. xcritical offers a demo account for both beginners and experts who want to practice their trading strategies in a risk-free training environment.

xcritical Company Headlines

Much like proper direct access platforms like sterlin, instaquote etc, used by pro day traders. It appears they offer CFD trading, but with actual market spreads, and a proper fast, direct access platform. The broker offers over 9,000 stocks, plus hundreds of options and ETFs.

TP Global FX – TP Global FX offers a long list of popular financial assets with spreads from 0.1 pips. With a focus on innovation and https://xcritical.solutions/ transparency, they are a growing brand. EZ Invest – EZ Invest is a CySEC-licensed broker offering trading on the financial markets.

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However, the variety of fees, the 5-day demo account and $500 minimum deposit may put off some beginners. Furthermore, the lack of educational resources and tools will not be enough to challenge other competitors. Since its establishment, xcritical courses scam the broker has gained over 8,000 registered clients who have traded over 4 billion shares on the variety of trading platforms available. The broker also offers tiered and fixed account plans to suit different experience levels.

xcritical software

We also give you tools, combined with easy to use online trading platforms and technologies…. For equity and ETF investments and stock CFDs, a commission of between £0.008 and £0.004 per share is charged with a tiered account. However, clients can apply for a fixed plan account offering better pricing to high-volume traders. Many traders like to demo the trading conditions of a broker before committing to a full account. To this end, the firm provides a risk-free demo account to trade on the xcritical 2.0, MultiTrader or xcritical platforms. xcritical MultiTrader is another platform the broker offers, allowing traders to access options and non-CFD equities markets.

Charges range from an astronomical £12 per side per lot with the entry-level forex account to a highly competitive £1.50 per side per lot for the Premium VIP account. Trading fees are often a key consideration for retail investors, with high commissions and account charges potentially eating into hard-earned profits. Like many online brokers, xcritical Ltd is based in Limassol, Cyprus and regulated by the local financial body CySEC. However, the firm has run into controversy for allegedly circumventing US rules on CFDs through the Tradenet educational platform. Founded in 2010, xcritical was set up by owner Meir Barak, an Israeli-born professional day trader and CEO of the educational platform Tradenet. More than 8,000 registered clients have traded a total volume of over £3.2 billion through the various platforms supported by the company.

Advantages Of xcritical

However, this only covers clients for up to £17,000 in case of company insolvency. xcritical 2.0 is available to download for Windows and Mac, iOS and Android mobile devices and as a browser-based WebTrader platform. I don’t think there are platform as fast and simple with no distracting frills like Colmex and it is true it’s a direct access platform. For daytrading, the UK brokers are unusable in my opinion. I plan to demo their software at some point, but wondered if anyone has any experience with them.

How do I deposit my xcritical?

Deposits & Withdrawals

You can fund your account using credit/debit cards, bank transfer and online payment methods such as PayPal. xcritical does not charge for deposits. For withdrawals, the first transaction of the month under or equal to $500 is free.

However, for amounts exceeding this or subsequent withdrawals, a steep £32.50 charge applies. We at xcritical offer advanced trading tools and a tailor made platform, to suite all your needs. My favorite is customer support, they answer my questions and fix problems in minutes. All contents on this site is for informational purposes only and does not constitute financial advice. Consult relevant financial professionals in your country of residence to get personalised advice before you make any trading or investing decisions. Daytrading.com may receive compensation from the brands or services mentioned on this website.

xcritical is a Cyprus-based online trading broker that offers a broad selection of asset types, including CFDs, equities and options. Read on to discover whether xcritical is the right broker for you. Access to IPO pricing on new US exchange stock listings may attract traditional investors. At the same time, fee-free deposits and GBP funding are also positives for UK users.

Horrible execution prices and spreads wide as an ocean when markets move. You basically trade CFDs with a shady Cypriot broker which I’ll never do again. There are also some other fees to be aware of, including a monthly inactivity fee of $30 for CFD accounts and $55 for equity accounts.

  • Kindly send an email to specifying a convenient time to contact you.
  • I love Colmex and I’m happy with the services I receive.
  • Traders Trust Traders Trust was founded on a solid base of financial market professionals with an innovative vision to provide todays retail forex traders the best brokerage available.
  • Credit card deposits are processed within 24 hours, usually within two hours after a deposit is made.

It’s just another Cyprus registered ‘broker’, there’s a reason these companies register themselves in 3rd world jurisdictions and it’s not the weather. Your money is at risk with all of these offshore brokers. Stick to UK regulated brokers, at least if they steal your money you will have some access to compensation. Your experience and satisfaction of our trading platform and support is of the utmost importance to us.

Between 74 and 89% of retail investors accounts lose money. Once traders have gained sufficient experience on the platform, they can apply through the broker to upgrade to a fixed plan account. These variants allow clients to pay a fixed fee that entitles them to trade a specific number of shares for a substantial discount over a tiered account commission. xcritical can refuse this request and downgrade fixed plan accounts at its sole discretion. xcritical supports several funding methods, including credit and debit card payments, bank wire transfers and PayPal. Helpfully for UK traders, the firm accepts deposits and withdrawals in GBP, using a London-based intermediary bank to eliminate international wire transfer fees.

Join us for an educational FREE Forex Seminar Limited seats- Book Now! Learn the Secrets of Successful Professional Trading Learn the power of compounding or how to make £3.5 million over the next 15 years…”. If you want to compare xcritical with other brokers, use the detailed comparisons below. Unfortunately, there is no UK-based phone support and an international call to Cyprus is required. Registered clients can take advantage of stock IPO pricing on upcoming exchange listings before they go public.

Can you trade options with xcritical?

You can trade Forex or equities and CFDs through xcritical. The options are endless! And what's more, you can choose one or more of our options.

But it’s thanks to our sponsors that access to Trade2Win remains free for all. By viewing our ads you help us pay our bills, so please support the site and disable your AdBlocker. I guess if I ever decide to trade equities, all have to fork up the 25k and trade with someone like IB. We use dedicated people and clever technology to safeguard our platform.

  • 80.61% of retail investor accounts lose money when trading CFDs with this provider.
  • The broker is unlikely to be a scam, but traders should thoroughly research any potential brokers before making a decision.
  • There are also some other fees to be aware of, including a monthly inactivity fee of $30 for CFD accounts and $55 for equity accounts.
  • Most trading platforms, including the widely used MT4, come with standard SSL-encrypted security features and 2FA login options.

Happily, the company does not charge any fees on inactive accounts. Deposits using PayPal or payment cards can process in up to two hours, with many transactions occurring instantly. Both deposits and withdrawals using bank wire take 2-5 business days to clear. Customisable hotkeys make trading lightning-fast, while 14 chart styles and 47 chart indicators take technical analysis to a new level. The program is suitable for forex and CFD trading, options and stock investments.

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