XtreamForex Review: Regulation, Spreads & Leverage
STP/ECN broker based in Marshall Islands with MetaTrader 5, a $5 minimum deposit and leverage up to 1:1000.
- STP/ECN
- 1:1000 Leverage
Your money is at risk
In this XtreamForex review
XtreamForex overview: what kind of broker is it?
XtreamForex is an STP/ECN forex and CFD broker based in Marshall Islands, founded in 2015. Yes.
Traders get MetaTrader 5, spreads from 0.0 pips, leverage up to 1:1000 and a low $5 minimum deposit. New clients can also check the current 100% Credit Bonus.
Tradable markets include Forex Currencies, Commodities, Indices, Stocks, Bonds, Futures.
XtreamForex broker specifications
Company and regulation
| Broker | XtreamForex |
|---|---|
| Regulated by | Yes |
| Type of broker | STP/ECN |
| Country | Marshall Islands |
| Foundation year | 2015 |
| Website | Visit XtreamForex website |
| Website languages | English, Vietnam, Persian |
Trading conditions
| Minimum deposit | $5 |
|---|---|
| Maximum leverage | 1:1000 |
| Minimum spreads | 0.0 pips |
| Base currencies | USD, EUR & More |
| Tradable instruments | Forex Currencies, Commodities, Indices, Stocks, Bonds, Futures |
| Hedging / scalping | Allowed |
| News trading | Allowed |
| Trading in public | Yes |
Bonus and promotions
| Current promotion | 100% Credit Bonus |
|---|---|
| Welcome bonus | 100% Forex Deposit Bonus |
| Standard no deposit bonus | No |
Contact details
| Telephone | 00441865600814 |
|---|---|
| Support@xtreamforex.com | |
| Fax | Not available |
| Head office | Trust Company Complex, Ajeltake Island, Majuro, MH96960, Marshall Islands |
XtreamForex bonus
XtreamForex promotes a 100% Credit Bonus for new traders. It is a simple way to test the broker's MT5 execution, spreads and withdrawal process before you add more of your own money.
How to claim the XtreamForex bonus
- Open a live account through the Visit Broker button.
- Verify your email, phone number and identity (KYC).
- Request the bonus from your client area or from support.
- Trade the required volume, then withdraw your eligible profit.
Bonus terms (required lots, time limit and withdrawal rules) can change at any time. Always read the latest conditions on the XtreamForex website before you claim.
XtreamForex pros and cons
Pros
- Regulated: Yes
- 100% Credit Bonus for new traders
- Low $5 minimum deposit
- Spreads from 0.0 pips, STP/ECN execution
- MetaTrader 5 on every device
- Islamic, mini, VIP and managed accounts
- 6 deposit and withdrawal methods
Cons
- 1:1000 leverage can wipe out an account fast
- Bonus comes with trading-volume rules
XtreamForex account types
XtreamForex offers several account options so beginners and experienced traders can both find a fit. All live accounts start from a $5 deposit.
| Free demo account | Yes – practise with virtual money |
|---|---|
| Mini account | Yes – smaller trade sizes for beginners |
| VIP account | Yes – for high-volume traders |
| Islamic (swap-free) | Yes – no overnight swap charges |
| Managed account | Yes |
| Segregated client funds | Yes |
XtreamForex trading platforms
XtreamForex runs on MetaTrader 5, which gives you advanced charts, more timeframes, an economic calendar and support for expert advisors. Web trading and mobile trading are both available.
XtreamForex deposit and withdrawal methods
The same 6 methods work for both funding and withdrawals, which makes cash-outs simpler because you can usually withdraw the way you deposited.
Banks and cards
E-wallets
Is XtreamForex safe and legit?
XtreamForex is a regulated broker. Yes. The broker says client money is kept in segregated accounts, separate from company funds.
Our verdict on safety
XtreamForex is a legitimate licensed broker. Start small, test a withdrawal early and use sensible leverage.
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 support@xtreamforex.com, and phone number +441163183156.
Who should choose XtreamForex?
Good fit for
- Traders who want MT5 and raw spreads
- Bonus hunters testing a new broker
- Muslim traders needing swap-free accounts
- Scalpers, hedgers and news traders
Think twice if
- You are new and tempted by very high leverage
XtreamForex FAQ
Is XtreamForex regulated?
Yes. Yes.
What is the XtreamForex minimum deposit?
The minimum deposit to open a live XtreamForex account is $5.
Does XtreamForex offer a bonus?
XtreamForex currently promotes a 100% Credit Bonus for new traders. Bonus credit normally has trading-volume and withdrawal conditions, so read the latest terms on the broker's website before claiming.
What is the maximum leverage at XtreamForex?
Leverage goes up to 1:1000. High leverage increases both potential profit and potential loss, so most traders use far less.
Which trading platform does XtreamForex use?
XtreamForex uses MT4, MT5, cTrader (Mobile, Desktop and Web).
Does XtreamForex offer Islamic swap-free accounts?
Yes. Islamic swap-free accounts are available, along with mini, VIP and VIP accounts.
How can I deposit and withdraw at XtreamForex?
You can use Bank wire, Debit/Credit card, Neteller, Skrill, FasaPay and UnionPay.