XP Markets Review
XP Markets’s address is #788 – 790 Finchley Road, London, United Kingdom NW11 7TJ. Focusing only on the English and French speaking markets is blamed as a main reason why XP Markets is still not popular as expected in binary trading markets.
Founders of XP Markets are long-term professionals in the world of financial business, whose knowledge might much more scholar than your imagination. An above the par of regular returns rate at 81% is all yours as long as you predict changes of asset’s prices correctly. Assets are classified in 5 different categories: Forex, Commodities, Equities, Indices and the German Bund market.
XP Markets Review: Trading Platform
First, we have to claim that XP Markets is completely a decent broker for beginners with small budgets. The minimum required for a trade is only $5, which delivers opportunities to get along with binary options platform and to making money at the same time.
On demand of XP Markets, traders has to sign up an account and finish their deposit before starting real trades. Promisingly, a 100% web-based powered by the TradoLogic system will bring you the easiest way to navigate and smoothen up their trading platform, on which your benefits will be maximized through only a few basic steps.
XP Markets Review: Types of Trades
Withal, you will find it’s so interesting, which is both strange and familiar when taking a closer look at 3 offered instruments of XP Markets.
- Digital Binary Options
Similar to the original Call/Put options, the target is making decisions on asset’s price whether it will higher or lower than current ones when it’s come to be expired.
- Touch Binary Options
As usual, an in the money trade happens when selected assets movement meets a predetermined price just like the prediction of traders and vice versa.
- Range Binary Options
Partly similar to Touch Options, but in Range Options, there are 2 predetermined price. In other words, trader’s final results depends on whether selected assets end up within that range or not.
Closed & Extend Feature
“Close” and “Extend” are the two offered features in order to maximize benefits of investors and encourage their spirit in unfavorable situations. The “Close” will stop your trade sooner than initial time of the platform. Meanwhile, “Extend” is a expiration-widening tool using when a trader thinks that it’s more profitable for him if the trade will eventually turn into his favored direction. Goptions also offer the same feature on their advanced trading platform.
As mentioned above, in the money trades on XPMarkets will get 81% the initial investment and minimum trade requirement is $5.
XP Markets Review: Reliability
Private information of a trader such as password, email address, transactions etc will be kept securely by encryption with Comodo SSL security certificates.
Credit cards and wire transfer are utilized in both deposit and withdrawals. There is one more convenient way get back your money that is asking for a check directly to your desired address.
The integrity of funds is guaranteed by a separated billing company.
XP Markets Asset List
A total of available assets was counted on XP Markets is over 90. Here are the most common ones:
- Currency Pair: AUD/USD, EUR/CHF, EUR/GBP, EUR/JPY, EUR/USD, GBP/JPY, GBP/USD, NZD/USD, USD/CAD, USD/CHF, USD/JPY.
- Indices: BOVESPA, CAC future, Dax future, Dow Jones, FTSE future, NASDAQ100, S&P 500 future.
- Equities: Apple, Boeing, COCA COLA, Exxon Mobil, Google, ING GROUP, McDonald’s, Microsoft, Nike, Vodafone.
- Commodities: Copper, Crude, Gold, Silver.
- Bonds: German Bund
XP Markets Review: Customer Support
Since they are only focus on market using English and French, XP Markets only offer English and French for their support, which is more than enough since almost traders are able to understand basic English. Directly from their homepage, traders can contact to their supporting staff via either live chat, sending an email to [email protected] or directly through the “Contact Us” page.
Apart from the Spartan educational section, there are no major deficiencies in XP Markets.com trading platform.
- Fast execution of trades
- Easy-to-navigate trading platform
- High Returns on Investment
- Good Trading Simulator
- Limited Banking Options
- Lack of educational materials and demo account
XP Markets Review: Conclusion
In general, even though they are not famous as expectations, XP Markets still offers a full set of supportive tools in order to satisfy their customers. To improve the service quality, we hope that their educational section will be enriched in the near future.
XP Markets Review Video: