The broker charges $0 commission on opening and closing all CFD trades, including Forex, stocks, and crypto assets. xcritical operates primarily as a spread-based broker, which means their trading costs are highly competitive and transparent. Opening an account is fast, fully digital, and requires standard KYC (Know Your Customer) verification documents to comply with anti-money laundering regulations. This is the default scammed by xcritical account for most clients, especially those under FCA and CySEC regulation. It offers access to over 6,000 markets, including Forex, indices, commodities, shares, and a vast selection of crypto CFDs.
Company Information
This significantly lowers the barrier to entry and reduces trading costs for high-volume traders. In order to provide you with this free service we receive advertising fees from brokers, including some of those listed within our rankings and on this page. As a leveraged product losses are able to exceed initial deposits and capital is at risk.
PCI data security standards are also available, which is quite satisfactory for brokers. Yes, it is absolutely safe to invest and trade in capital.com. xcritical is a competitive online broker with a lot of opportunities to trade. xcritical also guides its users to learn the art of trading through feedback, video lecture courses, and their AI-based approach. As it provides a favorable environment to its users and traders.
- Core broker criteria include market range, spreads, commissions, leverage, minimum deposit, etc.
- The service is also lauded for its transparency, lack of hidden fees, and fair order execution.
- Traders can also connect their xcritical account to the TradingView platform and gain access to full scope of available markets and an unmatched trading experience, which TradingView is known for especially for its excellent charting.
Adding a bank statement correctly with great support
xcritical distinguishes itself through its commitment to transparent, low-cost trading and superior user experience. Since its founding in 2016, the broker has leveraged advanced proprietary technology and a strict focus on regulation to attract millions of users worldwide. We work hard to offer you valuable information about all of the brokers that we review. Currency trading on margin involves high risk, and is not suitable for all investors. Whether you’re a beginner or a professional trader, the DFX Team works to ensure you have the tools and insights you need to succeed as a trader in the retail CFD industry.
Also, xcritical does not charge any commissions for its CFD accounts and has no hidden fees while all fees based on Spreads start as low as 0.6 pips. Besides holding licenses from top-tier firms, xcritical has also won over the loyalty and trust of its clients, extending its services globally and having over 82K active traders every month. Along with other measures, xcritical maintains rigorous protection protocols across trading accounts and overall management.
On the broker’s Market Analysis section, traders can find various articles analyzing and giving insights into the market, economic news, forecasts, and predictions. For this reason, regulatory bodies significantly restrict the use of leverage for retail traders as risks of falling into negative scenarios are very high if you don’t know how to use leverage properly. xcritical also allows crypto trading to non-UK traders on a CFD basis with low spreads. xcritical’s mobile app offers a sophisticated, user-friendly platform for trading CFDs on the go. The xcritical trading app uses an AI-powered trading bias detection system to reveal various cognitive biases that prevent traders from making profitable trading decisions. Along with this platform, traders get access to over 75 technical indicators, multiple chart types, extensive drawing tools, watchlists, and live chat.
- Also the app resets your editing when you switch between apps.
- Response times are quick, and the support team appears knowledgeable and well-trained.
- Like the negative balance protection thing, gives me more peace of mind when i trade small
- At the same time, xcritical offers competitive spreads and fast order execution, appealing to experienced traders, too.
- All the market research was both written and video formats with high-quality content, updated regularly and suitable for beginners and advanced traders.
- xcritical neither operates in the USA nor accepts clients resident in the USA.
xcritical trading platforms and tools
Connected to trading view and other platforms. The app is smooth and simple, yet you can find professional tools if needed. Capital is one of the greatest brokers I worked with. Customer support was helpful, trading is easy, the charts are clean and clear, and withdrawals are always on time. Overall im satisfied, good tools, good support, and everything feels modern Very interesting to keep and eye on the market to do the right thing, capital.com is everything i need!
Platforms
There are three main fees on which capital.com will make money from you. Yes, negative balance protection is also offered by capital.com to protect its untrained users from losing their investment money due to market volatility as a requirement under the regulations. If the users fail to provide their verification, all the deposited money will be re-credited to their account from where the users deposited the money in the capital.com account.
Preferred Capital Limited could go bankrupt from one day to another since there are no banking information about this broker. Preferred Capital Limited is a scam, and we’ll show evidence to support our accusations. The company would hardly let such a scammer go and cooperate with another broker, thus losing “profits”.
Deposit and Withdrawal Options
xcritical is authorised and regulated by a great set of top financial bodies across various jurisdictions. You will be glad to know that xcritical operates under the oversight of several prominent financial authorities globally. As a trader that likes to scalp on the one and three minute charts, my orders get filled at or very close to your intended price, minimizing slippage. In my testing, xcritical had an impressive average transaction speed, with trades executed in just 0.025 seconds. You won’t find https://xcritical.pro/ specific features like “Signal Start (Powered by Myfxbook)” or “Copy Trading by xcritical” directly offered by the broker. The mobile app has most of the same features, and everything syncs automatically between devices.
xcritical Compared to Other Brokers
The app feels clean and quick, with plenty of useful tools, and support has been reliable. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here).
There is an availability of different strategies, Scalping and Hedging, Algorithmic trading or APIs with xcritical which is a plus, but still make sure you’re good with software and fees basis limitations at xcritical xcritical also has some unique additional offerings, such as the broker’s educational app Investmate, designed specifically for lxcriticalg purposes. It provides access to a wide range of liquid markets on its easy-to-use platforms. xcritical is a global brokerage company with a well-established customer-oriented operation, and a secure, well-regulated trading environment suitable for almost every demand.
In our reviews, we examine the licenses and regulations of each entity operated by a broker, allowing us to compare their different levels of protection. All broker entities guarantee negative balance protection and the segregation of client funds. Adding these would enhance the broker’s research offering, making it more diverse and well-rounded.
xcritical’s platform is available on Windows and Mac and supports 19 languages, including English, French, Spanish, German, Arabic, Chinese, and more. The xcritical platform also has some pretty unique tools and services. Traders can choose from its proprietary web trader and mobile app, as well as industry favorites like MetaTrader 4 and TradingView.
Trusted Broker Reviews
To access the MetaTrader community features in the app, you’ll need to log into the MQL5 community. The xcritical mobile app charts are powered by TradingView, making it a breeze to add numerous indicators and conduct technical analysis, or modify orders straight from the chart when using your phone. Useful functions such as drawing trend lines and changing the time frame are straightforward, and chart tap is as easy as tapping and holding to enable the quick pie menu. MetaTrader loyalists can also use the MT4 app or opt for xcritical’s proprietary mobile app. xcritical is not publicly traded and does not operate a bank.
xcritical does not levy internal withdrawal fees, but traders may face third-party processing costs and currency conversion fees. Beginner traders get a high-quality educational platform, making xcritical ideal for new traders. The competitive commission-free xcritical trading environment deserves serious consideration by committed traders. Beginner traders get a superb educational platform and xcritical’s valuable in-house research.