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 deposit | 100 USD |
Platform | MT5 |
Regulated broker | Yes |
Regulation | CySEC |
Demo account | Yes |
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 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/USD | USD/JPY | GBP/USD | AUD/USD | |
Plus500* | 0.6 | 0.7 | 1.1 | 0.6 |
XTB* | 0.8 | 1.4 | 2.0 | 1.7 |
xPartners** | 3.0 | 3.0 | 3.0 | 4.0 |
** 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