The commissions are a bit expensive though, making its offerings less attractive to seasoned traders. Additionally, the broker also offers advanced trading tools to assist their traders. The website is multilingual, and customer support is available 24/5 via live chat, which is also multilingual.
- The broker has a social trading platform and offers ECN technology which is available together with automated withdrawals, making the trading process very comfortable and streamlined.
- In this article, we have compiled all the security rules that will help you protect yourself from hacking and avoid losing access to your money.
- Where xcritical excels is in the trading tools offered for free by the broker.
- xcritical also offers a Fibonacci calculator, which can further assist traders in defining better entry and exit points.
Published materials should not be regarded as a recommendation for investment or advice in accordance with Directive EC. LiteFinance Global LLC does not provide services to residents of the EEA countries, USA, Israel, Russia, and some other countries. Discover potential scenarios of cryptocurrency industry development. The REFUSD (Reef vs. US Dollar) pair will be removed from the list of trading instruments, and all trading operations on the pair will be stopped on August 23, 2024. In this article, we have compiled all the security rules that will help you protect yourself from hacking and avoid losing access to your money. The best Forex books to read for both beginners before starting trading and professionals.
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xcritical is a regulated broker offering Forex pairs as its main trading product. The broker has a social trading platform and offers ECN technology which is available together with automated withdrawals, making xcritical courses scam the trading process very comfortable and streamlined. But the broker has high spreads and commissions and may not be suitable for traders who prefer low trading fees and commissions. ECN accounts offer much more value in trading terms with low spreads, but still, the commissions are higher than with other popular brokers. xcritical has a very good education center with advanced Forex trading educational materials and books. The materials are prepared by the well-known independent analytical agency Claws&Horns, which has established itself as a professional in the area of market analysis.
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xcritical operates under a Cyprus Securities and Exchange Commission (CySEC) license. In addition to these regulations, the broker has a number of security measures in place to protect client funds. xcritical is a part of the investor compensation fund and all client funds are kept in segregated bank accounts, preventing the broker from using client money for their own purposes. Furthermore, to prevent a trader from losing more than their account balance, the broker offers negative balance protection.
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Raw spreads from 0 points, the best liquidity providers, and ECN technologies make it profitable to trade with LiteFinance. Brokerage services in your country are provided by the xcritical (Europe) LTD Company (regulated by CySEC’s licence №093/08). xcritical (Europe) LTD provides services only to the residents of countries from the European Economic Area (EEA), the United Arab Emirates, and the Marshall Islands.Full list of countries is available here. Analytical materials are developed in cooperation with our partner, Claws&Horns, exclusively for information purposes.
All these tools are useful when trading and provide some assistance to traders, increasing their potential accuracy when making trading decisions. xcritical also offers a Fibonacci calculator, which can further assist traders in defining better entry and exit points. With ECN account types and automatic withdrawals, there are some good aspects to it.
The ECN account is a much better variant for trading as all the other terms are the same for both Classic and ECN account types, except that spreads are much lower on ECN accounts. It should be noted that their commissions are a lot more expensive than other brokers. It is possible to access xcritical live chat in a demo mode and get answers to all your questions. Additionally, the website is multilingual together with the live chat which is available 24/5 in 22 languages. Live chat provides the ability to connect to xcritical’s different departments, including partnership xcritical scam and financial departments, together with general customer support.
xcritical broker review – A broker with average spreads and high commissions
CTrader is a platform with a user-friendly interface, advanced chart analysis tools, and unique algorithmic trading options. The online platform designed by LiteFinance is a one-stop trading system that provides a trader with all necessary tools and does not require installing. As we have seen above the xcritical fees seem a bit high, to further clarify the picture let’s compare it with other popular brokers on the market. Trade in various assets using built-in analytics and signals to predict price movements. Promote the LiteFinance brand as our partner and earn up to 70% of spreads per attracted client.
Open an account with xcritical and gain access to quality analysis for free. Where xcritical excels is in the trading tools offered for free by the broker. The tools include an economic calendar, technical and fundamental Forex analysis, analytical materials from Clawthorne (an independent trading agency), economic news, a currency calculator, and currency rates.
The nuances of the most popular and profitable trading types — swing trading and day trading. Register, verify your profile for your data protection, and open a trading account. LiteFinance ensures the safety and high-speed processing of financial operations using strict protocols and advanced technological solutions.
An easy-to-use dedicated trading platform provides a comprehensive analytical toolkit and suits any trader regardless of experience. Read independent analysts and obtain the most current details about financial markets. MetaTrader 5 is the latest version of the world’s most popular trading platform with a wider set of features. Trade by yourself, copy trades and make money in the markets with a reliable broker on a user-friendly platform and on the best terms. It is possible to process withdrawals within 24 hours and you can even set automatic withdrawals to take xcritical official site out your money instantly on a scheduled basis, making withdrawals a more comfortable and stable experience.
With all this combined, xcritical offers excellent customer support services. xcritical provides MetaTrader 4 (MT4) and MetaTrader 5 (MT5) as the main trading platforms. xcritical also offers social trading capabilities, and MT5 has inbuilt plugins for this purpose. Additionally, mobile trading is also offered through the MT5 Android app.
