xPartners Review – no hidden fees, but high spreads

xPartners.com is a CFD broker that offers to trade CFDs on forex, stocks, indices, commodities and cryptocurrencies. Learn more about CFDs here. The company is a brand of Goldenburg Group Ltd. and the latter is licensed in Europe by CySEC, the Cypriot regulatory authority, so the broker can legally offer its services to European citizens. Goldenburg Group Ltd also includes other brokers such as CFD World, FX Global, TopForex or eTrader, which we also reviewed. The minimum deposit for xPartners is set at 100 USD.

xPartners Review – broker overview

Minimum deposit100 USD
PlatformMT5
Regulated brokerYes
RegulationCySEC
Demo accountYes

Special features and advantages

Automatic trading (EAs)Trailing stop loss

xPartners – trading platform

xPartners offers its clients the MT5 trading platform. This platform serves very well not only for opening and closing trades, but also for analyzing the markets in general. MT5 also supports automated trading systems (EAs). You can either trade directly from a web browser or download the platform to your computer or mobile device. xPartners offers 800 underlying assets for trading.

xPartners brokerage comparison - trading instruments

xPartners fees (spreads)

Just like any other CFD broker, xPartners charges a spread fee. For the current value of this fee, please visit the xPartners website. We have prepared a small comparison table here, where you can find the amount of xPartners spread fees on popular currency pairs compared to 2 other popular CFD brokers.

EUR/USDUSD/JPYGBP/USDAUD/USD
Plus500*0.60.71.10.6
XTB*0.81.42.01.7
xPartners**3.03.03.04.0
* the spread value was gathered from the brokers’ trading platform 26/09/2019 at 12:26 GMT
** typical spreads. The data was gathered from broker’s website 30/06/2020 at 20:22 GMT

xPartners review summary

xPartners must comply with the strict regulatory guidelines of the CySEC regulatory authority. The broker offers the MT5 trading platform and a free limited-time demo account. The minimum deposit with xPartners broker is $100, this amount is valid when depositing using a credit card or DotPay, when using a bank transfer the minimum deposit is $250. Keep in mind that when withdrawing funds, the broker allows you to use only one payment method – bank withdrawal. The broker does not charge any withdrawal or deposit fees.

The fees (spreads) that the broker charges are significant compared to other companies in the industry. We also lack CFDs on cryptocurrencies.

Advantages

  • Relatively strict regulation
  • Free demo account
  • Low minimum deposit required (100 USD)
  • No withdrawal or deposit fees

Disadvantages

  • Only bank withdrawal possible
  • High fees
  • No CFDs on cryptocurrencies

xPartners review – broker rating

Our Score

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