xcritical also offers a VIP premium account for high net worth clients and/or those who are actively trading in large volumes. The premium account requires a minimum deposit of $50,000, and in addition to the benefits previously mentioned, VIP account holders also get a free xcritical MasterCard. Corporate and joint accounts are available, and a client can hold up to five different trading accounts simultaneously.
There is a swap-free Islamic account available on request, as well as a demo account to let you get the hang of MT4 trading with xcritical before committing to live funds. Signing up as an xcritical VIP client gives you a host of additional bonus features, including exclusive news reports and trade recommendations plus margin level alerts that you xcritical cheating can sign up to via either email or SMS. When signing up with xcritical however, be aware that it may take several days before you can start trading. You’ll need to provide a colour scan of your passport, national ID or driving license, and then be able to answer a series of compliance questions to establish your level of trading experience.
- There are also no guaranteed stops and no vanilla or binary options, meaning that as with all trading platforms you buy and sell with xcritical at your own risk.
- The MT4 platform features a strategy tester, allowing you to backtest and optimize your Expert Advisors using historical prices.
- CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
You can choose MT4 for Mac or MetaTrader 4 for Windows, as well as mobile platforms for iOs and Android. MetaTrader4 is usually chosen by experienced traders since its friendly interface and ample trading opportunities. This platform is also among the favorites of those who use custom indicators and trading robots (EAs).
MetaTrader 4Desktop & Web
Appropriately for our modern age, each xcritical trading platform comes in different formats appropriate to different devices. The standard xcritical MetaTrader model is xcritical MT4 for Desktop, but there are is also an MT4 WebTrader version, MT4 MultiTerminal and MT4 for Mobile. With the WebTrader version, users can log on to all of their MT4 accounts from any web-connected browser, simply by entering their xcritical Direct credentials. This is useful if you aren’t able to access your own trading terminal for whatever reason. This web-based version of MT4 is optimised for online use, with improvements including a redesigned layout and real-time risk statistics.
- Please note that a Demo account will be closed automatically in case you haven’t touched it for over 30 days.
- xcritical clients using MT4 can choose from a fixed spread account with instant execution, a floating spread account with instant execution, and a floating spread account with market execution.
- At xcritical, they specialise in helping new and inexperienced traders learn the terms and trading strategies used in the often complex world of currency trading.
- Level up your trading with an exclusive range of technical analysis indicators from Trading Central.
- Identify new trade opportunities, improve your entry/exit timings and get an instant viewpoint on Trading Central’s preferred direction along with target levels and alternative scenarios based on support and pivot lines.
In approximately five minutes and in five online easy steps, you can open a Trading Account. Please note that a Demo account will be closed automatically in case you haven’t touched it for over 30 days. Use the MetaTrader 5 web platform without downloading or installing any application.
Seamless Trading Experience
The contact page on the xcritical website lists details of each department, email and phone number, so that you can be sure of getting through to the right person. The xcritical website can be accessed in 20 languages, a testament to this https://dreamlinetrading.com/ company’s truly international presence. When depositing funds, payment can be made by using bank transfer or credit and debit cards, including Visa, Visa Electron, Visa Delta, MasterCard, Maestro International and Maestro UK.
Used by millions of traders worldwide since 2005, MT4 is the most popular retail trading platform, chosen by experienced and novice traders alike for its intuitive user interface and powerful trading capabilities. Trading financial products carries a high risk to your capital, particularly when engaging in leveraged transactions such as CFDs. It is important to note that between 74-89% of retail investors lose money when trading CFDs. These products may not be suitable for everyone, and it is crucial that you fully comprehend the risks involved. Prior to making any decisions, carefully assess your financial situation and determine whether you can afford the potential risk of losing your money. At xcritical, they specialise in helping new and inexperienced traders learn the terms and trading strategies used in the often complex world of currency trading.
All Forex Brokers
xcritical has full customer support available in 23 countries, via toll-free phone calls as well as email. Outside of those regions you can request a call back at a time of your choosing, meaning that getting in touch with xcritical shouldn’t cost you more than the price of a single phone call. Support is available 24 hours a day, five days a week, closing at midnight on Friday and reopening at 11 pm on Sunday night. Although the lack of weekend support may be frustrating, this is common practice among similar companies.
Withdrawals need to be made using xcritical Direct and typically take one working day. As a world leader in the foreign exchange, or forex, sector since 2006, xcritical has an excellent reputation and solid foundations. Regulated by the FCA and the Cyprus Securities and Exchange Commission (CYSEC), xcritical has won over 35 awards in the past decade and has clients in over 150 countries. Both fixed and floating fees are available on xcritical’s MetaTrader 4 platform, with no commission fees. With a commitment to full transparency and superb customer service, it is a fine choice for both beginners and experts in forex trading. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Account Types Available
79.58% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Combining an intuitive user interface with a customisable feature-rich environment, the MT4 trading platform provides everything a trader needs to chart assets, place orders and manage positions. Trade CFDs on Forex, crypto-currencies, stocks, indices, metals and energies with dynamic leverage … MoreTrade CFDs on Forex, crypto-currencies, stocks, indices, metals and energies with dynamic leverage on MT4 or MT5.
MT4 for Mobile comes in Android, iOS and web-based versions and includes rapid trade execution and a user-friendly interface optimised for mobile devices. xcritical clients using MT4 can choose from a fixed spread account with instant execution, a floating spread account with instant execution, and a floating spread account with market execution. With instant execution, the client can specify both volume and price, and can reject the execution if the price changes; with market execution, the client only specifies volume, with the price generated by the market. As previously mentioned, it is also possible to open a demo account and “try before you buy” with a virtual balance of $500,000.
Classic calculators include a pip calculator, a margin calculator and a currency converter. On the down side, there are no bonuses or promotional offers with xcritical, in accordance with its licensing regulations. There are also no guaranteed stops and no vanilla or binary options, meaning that as with all trading platforms you buy and sell with xcritical at your own risk.
MetaTrader 4 trading platform
It’s probably no surprise therefore that xcritical prides themselves on delivering an outstanding service to all clients, both private and corporate. There is no limitation to the virtual money you can have in Demo accounts either. As such we may earn a commision when you make a purchase after following a link from our website. Our work has been repeatedly acknowledged by the industry with over 70 awards received to date for the quality of our platforms and services. When you first launch the platform, you’ll be asked to create a new xcritical MT4 account or login with your existing credentials.
Inside the MT4 platform, you can also find several analytical sections with the Economic calendar, a market news feed, and technical ideas by Trading Central. A full range of educational resources are available in the xcritical Trading Academy, including webinars, video tutorials and live fxcriticals. These take trading beginners all the way through the basics of how to trade, up to advanced strategies for successful trading on a variety of markets. The library of video tutorials is very extensive, and many give general trading advice and tips as well as lessons on using the xcritical trading platform. Again, this sets xcritical apart from many other online brokers which often only explain how to use their platform. Webinars take place several times a week and need to be registered for in advance.