XCoinBroker Test, Crypto Trading Forex Practice
XCoinBroker is a fairly fresh forex trading broker that supports crypto trading, spil well spil depositing te bitcoins. This is a very interesting feature, spil most forex brokers opoffering cryptocurrencies only spil an underlying asset, and not spil a currency you can use for depositing and withdrawing. XCoinBroker describes themselves spil a digital broker te a digital world that will help traders explore alternative trading opportunities. It is significant to note te the very beginning of this review how XCoinBroker is not a regulated broker. Find out more information by reading the review that goes after and determine on whether or not this broker is for you.
XCoinBroker Account Features
XCoinBroker ready six different account types for their traders. Here, wij will provide you more details on each of them
XCoinBroker Micro Project
This account (or project) type is available to traders who deposit up to 0.Five bitcoins. It also includes up to 1:20 leverage, up to 10% margin loans and monthly market reviews. This is the cheapest account type available.
XCoinBroker Mini Project
Mini project is available if you deposit up to Two bitcoins, and offers 1:25 leverage, 25% margin loan, monthly market reviews and weekly webinar via live stream.
XCoinBroker Silver Project
This account type is described by the broker spil the best value for the money. Ondergrens deposit te this case is up to Ten bitcoins, and you get 1:30 leverage, up to 35% margin loan, weekly market review, private account manager and weekly live stream trading webinar. Basically, you get all the features available with cheaper accounts, but upgraded, spil well spil some extra perks.
XCoinBroker Gold Project
Gold project requires a ondergrens deposit up to 20 bitcoins. For that price, you get 1:35 leverage, up to 50% margin loan, weekly market review, private account manager, individual broker, weekly live stream trading webinar, weekly one on one trading sessions.
XCoinBroker Diamond Project
Ondergrens deposit is up to 45 bitcoins. For that price tag, you can expect 1:40 leverage, up to 75% margin loan, daily market review, individual account manager, individual broker, weekly live stream trading webinar, daily one on one trading sessions, invites to VIP events…
XCoinBroker VIP Project
The most expensive trading account requires a ondergrens deposit ter the amount of overheen 45 bitcoins, which is quiebro high considering current exchange rates. Traders get 1:50 leverage, up to 100% margin loan, daily market review, individual account manager, individual broker, weekly live stream trading webinar, daily one on one trading sessions, invites to VIP events, higher payouts, super taut spreads.
Unluckily, wij had to notice how there is no XCoinBroker demo account available for traders who wish to test the verhoging very first. Also, the ondergrens deposit is not listed, only the maximum boundaries for certain account types. Extra informatie on deposit requirements would be fine. Bear ter mind that you vereiste have a crypto wallet te order to trade with this broker. XCoinBroker has a entire set of crypto wallets they do business with, but more on that straks.
This broker is advertising bonuses. On their homepage, it clearly says that all traders are eligible for a 100% toeslag that can help you leverage profits. No-deposit verzekeringspremie is available for VIP clients only. Merienda added, all bonuses are final, so traders should think twice whether or not they truly need them spil they will have to fulfill some verzekeringspremie conditions prior to withdrawal. The required trading volume is x30. XCoinBroker premie policy is finta complicated and very detailed, so make sure to read it scrupulously prior to accepting any typr of verzekeringspremie or promotion.
XCoinBroker Trading Software
XCoinBroker is te many ways a very unusual broker. Very first and foremost, they still opoffering trading only on their proprietary trading toneelpodium. A closer look at the verhoging is possible only after the trader has made a deposit, which can be somewhat inconvenient considering there is no demo account available.
The main part of the trading instrumentenbord is taken by a dynamic trading chart accompanied by the list of placed trades. When it comes to underlying assets, traders can choose among commodities, stocks, indices, and currencies. The broker claims to offerande overheen 200 most popular assets with high liquidity.
Unluckily, wij didn’t manage to find a mobile app for this broker. Considering that XCoinBroker is still fairly fresh, it is possible that they will add one ter the future. Of course, traders can trade on the mobile version, but spil wij all know, it can be fairly difficult to conduct a zindelijk analysis on a puny screen of a smartphone. Wij are looking forward to the mobile app te the future.
XCoinBroker Support Information
Customer support is, ter this case, available exclusively via email and an online form. Unluckily, there is no live talk support that can provide answers to traders almost instantly. This is somewhat unusual, but maybe this feature will be added ter the future.
The webstek is available ter English, French and Spanish language.
When it comes to education, XCoinBroker review displayed how this broker takes a somewhat different treatment than most of them. Instead of suggesting a broad selection on webinars and literature traders have to navigate by themselves, they give traders a special treatment based on their account type. Participation ter webinars is possible thanks to special rivulets that take place every week. However, extra FAQ section would be a excellent addition to their podium, spil traders often revisit this part of webstek te search for quick answers.
XCoinBroker Payment Methods
Spil wij already noted, depositing and withdrawing is done somewhat different when it comes to XCoinBroker. Very first and foremost, there are no ondergrens deposits and withdrawals, and all transactions are done ter bitcoin. For this reason, traders can’t use conventional methods of money transactions, but have to use crypto wallets.
Traders can have a crypto wallet prior to opening the trading account, or can open a crypto wallet account merienda they register with the broker. Then, you have to buy some coins. Available crypto vrouwen where you can buy coins are:
Merienda you have your bitcoins ready, all you have to do is go after the instructions available on the trading interface. You will have to transfer the bitcoins by using the crypto address provided on the instrumentenbord.
Extra payment method that is available is DreamsPay that can be use te a way similar to PayPal, spil an intermediate inbetween the service provider and you spil a credit card possessor.
Traders will also have to validate their account by providing a scanned pic of a document that contains their picture. It can be a government issued ID, driver’s license or passport.