What is XtreamForex?
Broker overviewXtreamForex is an STP / ECN forex broker founded in 2015 and based in Marshall Islands. It offers forex currencies, commodities, indices, stocks, bonds, futures on MT4, MT5, cTrader (Mobile, Desktop and Web).
XtreamForex is regulated by Yes. Its listed office is Trust Company Complex, Ajeltake Island, Majuro, MH96960, Marshall Islands.
This review explains what you actually get: how safe the broker is, what trading costs look like, how deposits and withdrawals work, what the XtreamForex bonus offers, and who the broker suits best.
- ✓Regulated since 2015 by Yes, with segregated client funds.
- $Cost to start: $5 minimum deposit and spreads from 0.0 pips.
- ⚡Flexible trading: leverage up to 1:1000, hedging, scalping and news trading allowed.
- %Bonus: 100% Forex Deposit Bonus, no no-deposit bonus.
Our short verdict
XtreamForex stands out for its Yes licence, a very low $5 minimum deposit and tight spreads from 0.0 pips. The main thing to watch: no no-deposit bonus.
More about XtreamForex
XtreamForex details review and rating 2021
XtreamForex is a well known ECN forex broker in the world. The broker is registered at the Marshall Islands and operated by Xtream Markets LTD. XtreamForex was established in 2015 and now offers services worldwide. The broker offers a lot of trading assets, such as Forex (60), cryptocurrencies (30).
XtreamForex Pros
The minimum deposit is $5
They offer 24/5 client support
Trading tools and trader's academy
Flexible account types and funding options
Cons
Doesn't support US clients
USD currency only
They don't have any regulation
Trust and regulation
The broker providing service since 2015, operated by the Xtream Markets LTD, and located at the Marshall Islands with registration number 84516.
XtreamForex trading instruments
The broker provides a lot of trading assets and instruments. You will get 60+ Currency Pairs, 30+ Crypto Pairs (including Bitcoin, Ripple, TRON, NEO, Ethereum, Litecoin, Dash, Eidoo, Metaverse, Monero, Zcash, OmiseGO, Santiment, EOS, IOTA, etc), 12 Indice CFDs, 3 Metal CFDs, 3 Energy CFDs, 60+ Stock CFDs and more.
XtreamForex account types
The broker offers five different types of accounts, these are micro, ECN, ECN pro, standard, and VIP accounts. The minimum deposit is $4 that is available for the Micro account. The standard and ECN account start with $250, ECN pro $5000 and VIP account start with $20,000. These account leverages are 1:1000 to 1:400, depending on the account type. All accounts offer EA's, and scalping / hedging. All accounts offer account manager, without Micro account.
Also, XtreamForex offers swap free account for Muslim traders that need to send a request via email. And, they offer a free demo account with virtual money of $100,000.
XtreamForex trading platform
The broker provided clients the most popular trading platforms MT4 and MT5. Both platforms provide unique and different features. Here are some key features of MetaTrader Platforms:
Fully customizable trading platforms
Real time price/market/news updates
Multiple charts type available including bar, candlestick, and line chart
Multiple chart timeframes
EA's available for automatic trading
Free available to use for desktop, and mobile and any devices
Free available to use for any operating systems
Multiple order types and one click trade execution and more
XtreamForex deposit and withdrawal
The broker offers a range of funding options including Bank transfer, VISA Card, MasterCard, Bitcoin, Neteller, Skrill, UnionPay, and more.
XtreamForex Client support
The broker offers 24/5 client support through WhatsApp, live chat, email [email protected], and phone number +441163183156.
Is XtreamForex safe and regulated?
XtreamForex is supervised by 1 authority. Our listing shows these licences:
| Regulator | Region | What it means for you |
|---|---|---|
| Yes | — | Licence listed for this broker. |
Client money is held in segregated accounts, separate from the company's own funds. Before you sign up, check which XtreamForex company will hold your account, because protection levels can differ between regions.
XtreamForex account types and trading conditions
These are the main trading conditions listed for XtreamForex. It offers Islamic, mini, VIP, managed accounts.
| Feature | XtreamForex |
|---|---|
| Minimum deposit | $5 |
| Minimum spreads | 0.0 pips |
| Max leverage | 1:1000 |
| Execution | STP / ECN |
| VIP accounts | Yes |
| Mini accounts | Yes |
| Swap-free (Islamic) | Yes |
| Managed accounts | Yes |
| Free demo account | Yes |
| Strategies allowed | Hedging, scalping, news trading |
XtreamForex trading platforms
XtreamForex supports MT4, MT5, cTrader (Mobile, Desktop and Web). MetaTrader 4 remains the favourite for forex and Expert Advisors. MetaTrader 5 adds more timeframes and better access to stocks and other non-forex markets.
Web and mobile trading
Web trading: Yes. Mobile trading: Yes. Markets available: Forex Currencies, Commodities, Indices, Stocks, Bonds, Futures. The website is available in English, Vietnam, Persian.
XtreamForex deposit and withdrawal methods
XtreamForex accepts these deposit methods:
- Bank wire
- Debit/Credit card
- Neteller
- Skrill
- FasaPay
- UnionPay
Withdrawals use the same methods as deposits.
Accounts can be held in USD, EUR & More. Choosing the currency you deposit in avoids conversion fees. Your account must be verified (ID and proof of address) before the first withdrawal.
XtreamForex bonus and promotions
These are the promotions listed for XtreamForex:
Promotion offered by XtreamForex. Check the broker's terms for trading volume and withdrawal conditions.
XtreamForex's welcome offer for new clients. Check the broker's terms for trading volume and withdrawal conditions.
XtreamForex no deposit bonus: XtreamForex does not offer a no deposit bonus. See our up-to-date list of forex no deposit bonus offers. Every offer has volume and time conditions, so read the terms first.
XtreamForex pros and cons
Pros
- Regulated by Yes (since 2015)
- Very low $5 minimum deposit
- Spreads from 0.0 pips
- MT4, MT5, cTrader, Web trading
- Hedging and scalping allowed
- News trading allowed
- Islamic, mini, VIP, managed accounts
Cons
- No no-deposit bonus
- Very high 1:1000 leverage greatly increases the risk of loss
- Trading terms can differ by region and group entity
How to open an XtreamForex account
- RegisterClick "Visit Broker" and fill in your name, email, country and password.
- Verify your profileUpload a passport or ID card and a recent utility bill or bank statement.
- Choose an accountPick the account type, base currency and leverage that suit you.
- Fund and claim the bonusDeposit from $5 and opt in to the promotion if your region qualifies.
- Start tradingLog in to MT4, MT5, cTrader, Web. Practise first on a free demo account.
XtreamForex customer support and contact
These are the contact details we have on file for XtreamForex:
XtreamForex review FAQ
Is XtreamForex a regulated broker?
What is the XtreamForex minimum deposit?
Does XtreamForex offer a no deposit bonus?
What is the maximum leverage at XtreamForex?
Which platforms does XtreamForex support?
Is XtreamForex good for beginners?
Final verdict: should you trade with XtreamForex?
XtreamForex scores 4.2 out of 5 in our review. Its strongest points are its Yes licence, a very low $5 minimum deposit and tight spreads from 0.0 pips. Keep in mind: no no-deposit bonus; very high 1:1000 leverage greatly increases the risk of loss.
If your main goal is a free no-deposit bonus, XtreamForex is not the right fit. Compare it with other options on our best forex brokers page before deciding.