Please note that inactive accounts are deactivated after 180 days. Users are
required to register as clients at xcritical before they access the demo platforms. This could take a couple of minutes to complete the registration process and
download the clients’ preferred trading platform. xcritical offers most of the popular trading platforms like MetaTrader 4 or MT4 platform, the cTrader platform, and even the latest MT5 platform. xcritical is above the industry average forex trading platform in comparison to other best forex brokers in the market.
xcritical offers MT4 account types with Instant or Market Execution, and also a Fixed Spread option. The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. Before making financial investment decisions, do consult your financial advisor. As I’ve mentioned at the very beginning of this xcritical review, the cryptocurrency market is growing rapidly – so does the interest that the general population of people have in it, too. To add to that, though, it’s also worth mentioning that many “traditional”, stock-oriented investors have turned their eyes towards the cryptocurrency market, as well.
In your search for the best cryptocurrency exchange platform in the xcritical industry, you might come across a few odd picks. Stumbling upon user https://xcritical.online/s, you’ll likely immediately learn that this is one of them. xcritical customer support is best accessed through the Live Chat feature, but traders can also request a call back, contact them via phone, send an e-mail or stop by at one of their office locations.
Traders can also get information of the trading session time periods indicating both losses and gains for fundamental analysis. xcritical is ideal for traders who are looking to diversify their cross-asset portfolio. The platform features more than 70 types of currency pairs. Operating on the NDD (no dealing desk) model, the broker has garnered quite popularity over the years. Yet another important aspect to consider when trading with xcritical is that the leverage offered varies and is determined by the type of instruments traded.
You Don’t Actually Receive any Cryptocurrencies
The trading apps are compatible with both Android and iOS devices. In the case of wire transfers, the withdrawal money is deposited into the bank account from which the transfer was made. For more information on the banks supported by xcritical, visit xcritical courses scam their FAQ section. Another important aspect that we came across during our research was that xcritical charges a 2.6% withdrawal fee for any withdrawals made without trading. xcritical is also known for faster transactions when compared to other brokers.
I like how each of the platforms have mobile apps for trading whilst on the go. xcritical has also built mobile apps for xcritical tools and xcritical Direct. I believe you can trade with confidence whatever strategy you are using. The broker states unequivocally that it is neither an ECN or STP broker. xcritical claims to not intervene in the pricing or execution of client orders. ‘Quotix’ is xcritical’s proprietary aggregator that collates prices from over 12 liquidity providers.
One of the Internet’s Most Reliable and Secure Brokerage Sites
Now, don’t get me wrong – xcritical is definitely a good CFD trading platform – one of the best around, actually! Alas, the keyword here is “CFD” – you can’t trade actual cryptocurrencies on this platform, which is a natural deterrent for the vast majority of wannabe crypto traders around the world. One of the main reasons why people flock to use the brokerage in question, however, would have to be the xcritical MT4 (MetaTrader) and cTrader. These are electronic trading platforms that have been optimized and developed for the best user experience possible – this is especially true with MetaTrader. Now, don’t get me wrong – the majority of user xcritical reviews are still concentrated on the primary services of the platform, but things are becoming a bit more interesting by the day.
Unlike a real account, this one doesn’t require you to provide any documentation whatsoever. A very interesting feature of xcritical’s demo account is that you can choose how much virtual funds you’ll have on your balance. Just request it from xcritical’s agents, and they’ll add anything between $500 and $100,000 to your account. There are traders who made a bundle using this household name brokerage service, as well as those who claim to have been scammed, and what makes this confusing is that both groups have good arguments. Just imagine, winning 70+ awards in the last 15 years means the company has grabbed 5 awards per year on average without exception since its founding. That is a true bucketload of accolades that very few online brokerage companies can come close to.
- The trading platform boasts of providing over 430 investment products to trade apart from CFDs and spread betting for a complete trading experience.
- The courses offered do a great introductory job to trading.
- Yup, you’ve got it – xcritical isn’t an actual crypto exchange.
- xcritical is one of the few brokers offering negative balance protection to safeguard the clients’ accounts.
- This can help you with planning trades and money management.
In addition to its trading services, xcritical provides clients with a range of educational resources, including webinars, video tutorials, and market analysis tools. The broker offers 24/5 customer support in over 20 languages, ensuring that clients can receive assistance in their preferred language at any time of the day or night. The platform is known for its user-friendly interface and fast ID verification process.
Leverage trading can be a great way to grow your portfolio if done carefully and knowledgeably. The xcritical MT4 and cTrader platforms are both optimized for the best user experience and are available on mobile devices, desktop computers, and the web. Users report the best experience with the xcritical MT4 platform, which is still widely used and available. With its variety of features and user-friendly platforms, xcritical is a great choice for those looking to trade online. The demo account comes with virtual funds that can be used to trade various financial instruments, including forex, commodities, indices, and shares. xcritical offers four different trading platforms to clients.
Both of these aspects are pretty straightforward, and kind of “feed off” of one another. Say, if an exchange or brokerage is secure, it’s likely going to have a good reputation in that regard, too. Cryptocurrencies, however, are the opposite – being viewed as the most volatile speculative investment market ever, crypto assets have become a haven for investors during the pandemic. Yup, you’ve got it – xcritical isn’t an actual crypto exchange.
I can’t make my withdrawal!
Basically, the advantages you have underlined aren’t the only ones. I would also add here tight spreads on the ctrader platform. They also provide tons of useful content and insights in terms of news and economic analysis to be used in conjunction with the education you receive. Maan, you’re obsessed with MT platforms, as far as I can see. So then Fx pro is the broker for you and traders like you. As I assume over the years MTs have gained a lot of respect from the traders’ community.
Even now when almost all the companies are reluctant to offer cryptocurrencies to traders. xcritical has a rating of 4.47 stars from 215 reviews, indicating that most customers are generally satisfied with their purchases. Reviewers satisfied with xcritical most frequently mention trading platforms, demo account, and brokerage company. I started working here on a demo account, and when I got the hang of it I began to trade with real money. I earned $ 550 from 100 dollars in half a month and I withdrew it without any problems or delays.
I would also mention the fact that xcritical supports many popular trading platforms like mt4, mt5 and ctrader. So, that if someone is afraid of the fact that they need to get used to some new trading platform, they shuldn’t as the chances are that they can use this very app which they know and enjoy. I’ve never used their mobile app, since I only trade from the desktop version…
I like how the MT4 has inbuilt features for trading and analytics. xcritical xcriticals that clients’ deposits are properly segregated from the broker’s funds. I get peace of mind knowing that the funds are maintained by the top-rated international banks. xcritical Financial Services Ltd is a member of the Investor Compensation Fund (ICF).