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xDirect review

On-line since: 2002
Country of origin: Ukraine
Regulation: MiFID
Payment options: wire transfers, Visa, MasterCard, Webmoney, Yandex.Money, W1, Qiwi, Skrill, NETELLER
Minimum account size: $100
Minimum lot size: 0.01 lot
Leverage: 1:200
Spreads: from 1.6 pips

About the company:

xDirect is an international broker which provides both private and corporate clients with trading services on Forex. Clients of the broker gain access to trading platforms, cutting-edge developments, and innovative liquidity solutions. xDirect has offices in Ukraine, Russia, Chile, India,  Azerbaijan, Kazakhstan, and the Republic of Mauritius.

The company enables its clients to choose among numerous trading instruments, including currency pairs, commodities, shares, indices, ETFs, CFDs, and options. Trade is performed through the MT4 and xStation trading platforms.

Traders can select any type of trading accounts available, such as Electron and Classic UAH ECN. Besides, customers can open an STP Classic USD trading account with xDirect. The Electron trading account with the broker enables its holder to choose between floating and fixed spreads that are tailor-made for novice traders. Opening an Electron trading account requires a $100 deposit. Classic UAH is intended for trading the Ukrainian national currency (hryvnia). This account implies trading with fixed spreads. To those traders who prefer trading with interbank liquidity, the company offers Classic USD trading accounts based on the Straight Through Processing (STP) technology with a minimum deposit of $500.

xDirect aims to support newcomers in the forex market providing them with a wide range of efficient educational materials. Besides, clients of the broker gain an opportunity to attend free regular webinars held by professional analysts.

xDirect 5/10 (votes 1724)
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Author of xDirect: Jamesfx | Date 2017-10-30
I had a Classic account with xDirect for 3 months only and I recently closed my account. I deposited 200$ and lost all my funds and also the profit I made the first month 320$. The platform xStation is very unstable during volatility times. It has misleading signals and unreal prices. The first month the platform worked fine, but they changed the server and I called them with my issues but they can't fix the problem. I traded currency pairs EUR/USD, USD/CAD, USD/JPY, GBP/USD. I don't recommend this broker.
Author of xDirect: leonard | Date 2017-10-03
trading with xdirect broker only give me another lesson to learn which don’t easily trust broker. I have open an account with this broker 5 months ago and make a deposit around 200 USD via wire transfer. Basically Xdirect broker provide service just like another average broker just a nice platform to generate income but when it comes with withdrawal it always delayed and when I made a report they only said withdrawal has been process but it always takes 3-5 days to see money credited into bank account but they always make it more delayed up to 5 days. I only get only once withdrawal within 3 days, the rest will always 5 days. Recently, my request for withdrawing 300 USD has been rejected by them and it has been 3 weeks my request for withdrawal status still pending without any further action by them. They approve my withdrawal at fourth week but not the exact amount that I request which 275 USD only then I ask them why they deduct 25 USD, they said it is fees for the process. At that time I really mad at them because they change the rules without let me know and they are not transparent with their client. I closed my account right after I know they trying to steel my money for every withdrawal that I made.
Author of xDirect: Lalf | Date 2017-09-11
I opened a live account with xDirect but I can't trade. It is just over a month since I call the support team, because neither of this three platforms: Advantage Web, AT Pro, and MetaTrader4, work. They are having delays or crashing. I deposited $200 and I lost half trying to trade EUR/USD, USD/JPY, USD/CAD, Gold. There is no good signal from the servers. I had also negative slippage due to delays. I will close my account with xDirect because it's just losing time and money.
Author of xDirect: lefin | Date 2017-08-10
Oh no! My trading account is still empty. The money that I transferred worth 410 USD through VISA Card is not reflected on my account yet. Already sent numerous emails fromlast week, but to no avail. The Customer Support remain unresponsive. I even sent a message to the xDirect Facebook official account and it seems that they intentionally ignored my messages because they've seen it. Their action is very disturbing. I trusted them a lot, because I thought they would guide me. I also sent a letter to my VISA card to confirm if the money reaches the trading account of this company, and the management told me that the amount 410 USD was automatically credited to the company's account. I've seen no reason why my money didn't appear in my account. Is there any legal Forex authorities that could help me? I want my money back!
Author of xDirect: Kunle | Date 2017-07-03
I must say this broker is really terrible. I try to withdraw $300 from my x trade account but till now, I have not yet gotten my money. X trade keeps telling me, I will get my money but where is my money? Don't open account with X Trade, You will lose your money, just like I did.
Author of xDirect: Roswell | Date 2017-06-13
The reason why I choose XDirect and stay with them over than a year is XDirect have better services compared to my previous broker in term of trading condition and withdrawal transaction. I still remember when I made my first deposit transaction via master card it took only for 2 hours only for them to credit into my trading account. So far, my trading activity is perfectly comfort and I don’t have much issues on platform because it worked very well for me! Normally, I used limit orders strategy because I don’t have much time in trading so that I come up with this strategy set limit order with setting take profit and stoploss then I can close platform and do another job. Don’t worry guys about the spread is consistent as low as 1.6 pips. To be honest, profit generated in account currently is nearly to 500 USD within a month. Thanks Xdirect!!
Author of xDirect: Olson | Date 2017-04-04
In the past, I had terrible experience with xDirect when I traded with this broker. First, the demo and real feed prices, I couldn't trade a day in real account due to slippage. It's a kind of cheating. Second, this broker charged me 25$ because of a "Dormant Fee" without a proper notification. They said they had already sent an email but I didn't receive. Also, they charged me 60$ for a withdrawal, it’s so bad! Next, their customer service is very bad, because I waited a long time to get their answers whenever I have difficulties in trading. Once, I contacted to their customer representative to ask about bonus terms, but they did not explain me clearly about it. They only told me that bonus should be added to balance. In fact, there has no bonus which was added to my account, it’s really a liar. Hence, their ads are fake, and they lie about bonus. Overall, I’m so upset with this broker, so I can't recommend anyone to trade with xDirect.
Author of xDirect: Efab | Date 2017-03-23
I have been trading with xdirect for 2 weeks now and aside from that, I have several accounts with different brokers in order to spread my risk. Apart from other brokers, xdirect has the smallest commission charge and has the fastest speed of execution. I opened an account with them to try whether I can make profit and to choose which broker to stay for long term. Opening an account was easy and to start with I deposited $100 to account number 47895363. Everything was going smooth until now and i havent encountered any problems yet. I have gained more respect for them after this. They are an honest and stable broker and always strive to satisfy their clients.
Author of xDirect: Neil | Date 2017-03-13
I’ve loss using xDirect because of their platform that not stable until it freeze make me can’t close my profit position manually and sometimes their execution also slow especially on the high impact news. Their spread also not fixed and can be widen up to 5 pips on normal hour trading. They have a fast process in deposit but slow in withdrawal because it take 1 hour to be credited into my trading account but for withdrawal, my request will be approve 3 days after my request and sometimes I’ve to contacted their support to remind them that I’ve made a request for withdrawal so that they can check and approve my request. Their leverage also not competitive as the maximum leverage can be set up is 1:200 and it will give me disadvantage in open position will have a limit. I loss around 200 USD because of their platform that freeze. I hope that they can fix this problem and will give me some compensation if they can’t give me full amount of my loss.
Author of xDirect: SamNixon | Date 2017-03-01
Recently I started trading with xDirect and they give me the true experience of forex trading. I deposited $200 and make $400 within six months. I have an also $350 successful withdrawal. Basically, I liked their spreads which offered 1.6 pips on EUR/USD, their xStation platforms are too fast. I know their liquidity provider XTB is a Polish company so It made me think that xDirect broker is Safe and I can trust them. After trading with six months it proved to be true.
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