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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: Cheong | Date 2021-06-18
No, I will never open an account at xDirect again. This broker only looks reliable on their website but their services are disappointing. I had so much difficulty making my trades because their platform kept freezing and the spread kept changing reaching up to 17pips.
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Author of xDirect: Paolo | Date 2020-11-02
xDirect is not a reliable broker. I have put a deposit and started to trade with them. I made $655 profit. Once I made $500 withdrawal request from my profit, something happened in my account. I realized that they froze my account. I have called customer service many times, they keep telling that they are still investigating and I have been waiting for a month now. My money and profit are still stuck there, and I have no idea when they will give it. It's really wasting time.
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Author of xDirect: Yanuar | Date 2020-07-17
I had great time with them but now they are causing many problems to several of its users. They keep on hiding rules and then if any one breaks it. How can we know any rule if its hidden and only told upon breaking it. They don't reply to your emails or live chat.
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Author of xDirect: Raul Baetcke | Date 2020-05-17
I have to deal with an Islamic Forex Trading Account with xDirect brokers, but they have failed to give me a reliable and stable platform. As I have found fake price quotes on their platform, which is different from the current market and my order goes in the opposite direction So I can't apply scalping trading. Also, their payment service through Skrill is full of harassment in my forex trading life. That's why I am so shocked by xDirect brokers!
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Author of xDirect: Karlos | Date 2020-04-14
I loss nearly to $540 in a trade because of faulty on MT4 platform. I was totally disabled by the system to close my order position manually. When I contacted to support division they were not responsive even lack of professionalism while dealing with their own client. It was really disappointing to work with X Direct. I stoped my trading already.
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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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