Xforex is certainly not new to the forex industry, as they have been online for over 5 years and are backed by Saxo Bank, Deutsche Bank, and Canadian Imperial Bank of Commerce, three very experienced and highly capitalized world banks. They opened their platform to traders in 2003 and are now expanding to the US with a Canadian office out of Toronto, Canada. Their home operations are out of Cyprus. Xforex started as Trouvia Investments LTD, but the company has since changed names to Ultimass Global Inc.

The unique and proprietary trading platform is very good. The software is all web-based, so you can trade from anywhere without downloading any software to a pc. They have made the registration and deposit process very simple and we don’t forsee even the most novice trader having any difficulties getting started trading forex with Xforex. You can start an account wtih as little as $100 and they offer up to 200:1 leverage. You will have access to 21 currency pairs including all the majors, and the opportunity to trade both gold and silver.

The interesting thing about trading with Xforex is that you will be assigned an personal financial trading expert to assist you while trading on their platform, and this applies to both novice and professional trader alike. This is a perk you definitely want to take advantage of, as this is definitely something we don’t see a lot of with online brokers. The support is 24 hours per day and they have multilingual representatives to assist you.

The trading platform is precise, clean and quite good with tight fixed spreads, no slippage and over 20 currency pairs to choose from. Trade $200k with a $1000 account with the leverage Xforex provides.  Their reputation precedes them with secure backing, 5 years of experience online trading, one of the best and easiest trading platforms, and a very nice bonus of up to 20% on your first deposit.

The Xforex platform is multilingual and works well for beginning forex traders. The design of this system sets it apart, providing for a quick and reliable connection. Your provided with great customer service 24 hours per day, and a beginning platform that interfaces with the novice trader more like a video game than a hard to learn forex platform. This provide an entertainment facet to your forex trading you will find hard to match with any other forex broker.

They offer credit card deposits for funding your trading account, accepting most of the major credit cards. Withdrawals of profits are seamless and expedient. The promotions changed regularly, so check back often, but you can be rest assured that Xforex will always have a nice initial bonus offer. Xforex as we said earlier, has recently established a North American office in Toronto, Ontario at 296 Richmond Street West, Suite 301, after starting off in Cyprus with a slow start, Xforex is poised to really develop a name for itself with American investors.