XPMarkets is a less well-known binary options broker in today’s market. Despite this, they are growing at a fast pace, and are trying to keep up with the bigger brokers.
The trading platform is 100% web-based and the company is headquartered in the United Kingdom. This is an advantage, as they are based out of one of the world’s leading financial centers.
The trading platform is powered by Tradologic, one of the leading software providers in the world of binary options..
|Payouts: In The Money||85%|
|Payouts: Out Of The Money||0%|
|Minimum Trade Amount||$10|
|Maximum Trade Amount||$5000|
|Traders from USA||Allow|
|Deposit Options||Credit Card, Wire Transfer|
|Withdrawal Options||Credit Card, Wire Transfer|
Usability – 0.8/1
The XPMarkets website is easy to use, allowing any trader to signup and start trading their favorite binary options.
There are a variety of trading features, but there are not so many education features. Let’s hope all of this changes in the near future.
At least in the money binary options offer a return rate of up to 85%. Unfortunately, the return rate for out of the money is 0%.
You may find your way round the website easily, which does make this platform one of the easiest to use.
Payouts – 0.6/1
You can receive up to 85% return if your binary option expires in the money. However, you will receive no return if your binary option expires out of the money.
Deposits & Commissions – 0.7/1
The minimum deposit is $200 and the maximum deposit is $5,000 at XPMarkets. There are no commissions for trading on any of the XPMarkets trading platforms. We did not find any information on the website about withdrawal costs.
Payments Options – 0.6/1
Deposit to your trading account via credit card or wire transfer. Accounts may only be based in USD at the moment.
No. of Assets – 0.6/1
Trade from 33 assets: 4 commodities, 1 bond, 11 currencies, 7 indices and 10 stocks.
Expiry Times – 0.7/1
You may choose from 30 minutes, 1 hour, 1 day and 1 week expiry times.
Platform Languages – 0.5/1
Trade with just English and French on this trading platform.
Platform Features – 0.9/1
XPMarkets does not have the most platform features, but there are enough to keep you busy while you trade binary options.
You can enjoy Digital Trading, Touch Trading or Range Trading with this broker, receiving the most benefits out of your binary options trading experience.
As was mentioned previously, there are not so many education features. However, the FAQ, Glossary and Asset Index are useful tools while trading the markets.
The Take profit, Stop Loss and Extend trading features add a lot of flexibility while you trade binary options at XPMarkets.
Special Offers & Bonuses – 0.3/1
We did not find any information about trading bonuses with this broker.
Customer Support – 0.9/1
The support team is quite knowledgeable of the financial markets. You may contact them via phone, email or live chat.
- Many Trading Features
- Basic Trading Platform
- Secure Deposits
- Simple Trading Experience
- Not Many Deposit Methods
- Not Enough Withdrawal Methods
- More Education Features Required