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xDirect review

xDirect


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 1727)
Author of xDirect: Frenky | Date 2020-01-09
I am not patient anymore with the treatment that really does not care about their own customers. I don't get anything every time I trade. They have stolen all of my profit, and have blocked access to the account. I log into live chat, their client support told that they cancel my profit and blocked my account because I used EA on news time. I asked them to send me the clause but he did not reply me and closed the conversation. So I would say don’t waste your money and time here.
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Author of xDirect: Kasedee | Date 2019-11-12
xDirext has a very low minimum initial deposit requirement and I think this is one of the factors that attracts new clients. However, I did not like the performance of their platform. It is very shaky and the price movement is sometimes delayed. Or orders are also not often executed even when the price already reached my desired amount. The other features are quite average but I must say that profit rate in this broker is a little low.
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Author of xDirect: Naresa | Date 2019-10-04
I was trading with xDirect for 2 months only. Last trading place an order using ea and I got profit $200. But they have stolen all of my profit, and have blocked access to the account. I log into live chat, their client support told that they cancel my profit and blocked my account because I used EA on news time. I asked them to send me the clause but they did not reply me and closed the conversation. So I would say don’t waste your money and time here.
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Author of xDirect: Mayeen | Date 2019-04-01
xDirect is one of the brokers that offer low trading spread. Their fixed spread is only at 1.6 pips for the EUR/USD. It doesn't usually go above that except during news announcement. The platform is pretty average given that is uses MT4. Although it becomes laggy at times even when the market is calm and not much is happening. Also, the customer support is not that great. They are not responsive in the email and the live support can only answer basic questions. Most of the time, I just get redirected to a section in their website to find the answer on my own.
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Author of xDirect: JayChoi | Date 2019-01-03
Several times, I had tried xDirect brokers in the market but they have failed to give me a reliable and stable platform. Here my experienced is too bad, especially their platform is bogus and they didn't payment my profit. Last time I have found out their spot chart, which is different from the current market and my prices going to opposite direction too. When I have contacted with their support, they are inactive or didn't respond. So I am thinking xDirect broker is just like an unprofessional broker.
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Author of xDirect: sereaoib | Date 2018-10-24
I do not recommend xDirect and I also advise not to put single penny with them. Last month during the US PPI news my platform goes freezed for 15 minutes and I was unable to close on trades on GBP/USD pair. Even my SL did not triggered on the set price and I lose $114. I analyze that was a fake spike. After that I decided to close my account and I have placed a withdrawal request for the $250 through wire transfer and It almost 14 days passed but I didn’t got my money yet. This one is a scam and traders should beware.
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Author of xDirect: fxkarma | Date 2018-04-12
Have been trading for 3 month now in xDirect and my experience with this broker was not so good. Although initially the reason why I choose them because their spread that only start from 1.6 pips for major pairs but then I experienced delay almost in my every trading in my second month being their trader. Last week, I lost 45 pips because their trading platform freezing during profitable trading session. Because it has experienced it repeatedly, at that time I contacted to support team via email and call to ask what was happening to my money and they just informed it was about the technical problem. They promised to return my money along with profit into my account at the latest 3 days later. But I don't see any money or profit in my account until today that was 2 weeks. I call the support but they don't answers me, I don't think they have any intentions of returning my money! If you guy wanna join trading in xDirect my advice is please think twice. Be careful.
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Author of xDirect: Zebrafx | Date 2018-02-21
I recently closed my STD classic account with xDirect because of the delays in the execution and the slow connection. I called many times their customer care support never got back a call or answer. I traded for 3 months only with a first deposit of 100$, lost in total 200$ deposit money. Now they call me back to open the account. I was trading two currency pairs USD/CAD and USD/AUD. I don''t recommend the broker.
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Author of xDirect: GoustoniyaX | Date 2018-01-08
xDirect is a world 3rd class broker. Yester day I opened a trade on GPB/USD pair at 1 lot on US Unemployment change news but then suddenly my platform got freeze. Immediately I emailed their support department but did not get any response and until today. After one and half hours later I was able to login my platform and I got surprised that I lost $209.23, there was 92 pips spike. That they way this broker doing their business. So I would say don’t waste your money and time here.
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Author of xDirect: Sukron | Date 2017-12-04
Please beware with xdirect, they have took my money but provide no signals or mentoring as what has been promised. I have been introduced about this broker by one of trade peer claimed that he is one of the xdirect mentor that can guided me well to become a good trader. With money $1000 I pay to them but after they took my money they blocked me and I am not even can contacted them. I go to the support page and contacted again to get assistance if any of the staff could assist me but no one is willing to help. I also lose my deposit money of a $2000 in trading account within 2 weeks’ time. In real, transfer process also slow more than a week to see money credited into trading account. Metatrader platform full of crash,so complicated to use and access. Compare to demo account they just simple lure people into their business schemes. Please beware of xdirext.
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