Clients of X90 have are offered a single commission-free account with, fixed spreads, leverage up to 1:300, and the option to trade in micro lots.
Overall, X90’s trading conditions seem typical for a Market Maker: average minimum initial deposit and a fixed spread of 2 pips for the EUR/USD. Yet, we cannot find a reason to choose X90 over other reliable brokers, duly licensed by trustworthy regulators. For example, you may open an account with $100 with easyMarkets, regulated by CySEC, as well as ASIC, and use fixed spreads of 1 pips on EUR/USD. Moreover, with easyMarkets, you can never lose more funds than you have deposited, as it provides Negative balance protection.
The Company. Security of Funds
CFD Group Ltd.
X90 offers trading in currency pairs, commodity, shares & index CFDs, as well as ETF on its web-based platform. The company behind the brand, CFD Group Ltd., is registered in the Marshall Islands.
Companies on the Marshall Islands just need to complete a simple registration procedure and don’t face any requirements, nor are subject to supervision. To put it simply, when investing with such brokerages, traders will be receiving very limited regulatory protection and oversight, if any. Because of the greater risks in investing with offshore companies, we generally advise traders to avoid them and select among brokers regulated by the FCA, ASIC or another trustworthy regulatory body.
What is more, most user reviews about X90 are negative, claiming that it refuses withdrawals of profitable traders.
If you are looking for the widely used MetaTrader 4, you will not find it with this broker.
X90 offers its clients its proprietary web-based platform, also available as mobile versions. It is simple to use, requires no installation of additional software and is equipped with the basic trading tools, such as candle and line charts, indicators, etc. It also has Insights sector with forecasts and news. However, it lacks some of MT4’s key features, such as automated trading with EAs and copy trading options.
Methods of Payment
X90 offers its clients the following payment modes: credit/debit card (Visa, MasterCard), bank wire transfer, PayPal, Skrill, Neteller, and Comodo.
X90 is a newly launched another non-regulated forex broker and market maker. It offers its services via its web-based platform, does not support MT4.
X90 Review Conclusion
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