X Open Hub Review

X Open Hub: review of ideal for retail STP and ECN brokers

In the review we are going to go through all the tools and products, that X Open Hub has to offer. Take a look at it, however remember, trading is a risky activity, before you make any type of decision make sure you are well informed and know exactly what you’re doing. 

Introduction to X Open Hub Review

X Open Hub (XOH) is a liquidity and trading technology provider who has earned the trust of several brokers, since 2010, due to its high efficiency. This European firm is also authorized and regulated by the UK Financial Conduct Authority (FCA).

XOH provides liquidity on thousands of trading instruments, allowing banks and brokers to boost trading volumes, reduce costs. As well as diversify and expand the stream of income.

Spreads offered by this broker are relatively low, with conditions being quite helpful for retail brokers utilizing Straight-Through Processing (STP) or Electronic Communication Network (ECN) technology.

XOH has also developed its own multi-asset trading platform, the XOH Trader, which has MAM accounts, social trading, and binary options available.

The platform’s MAM capabilities enable clients to customize their offering without risking to lose the tools and features that make the XOH Trader an excellent trading platform.

Account Types

XOH’s account types are offered in the form of solutions. This broker has three types of solutions for organizations and notable companies. Particularly: Forex Solutions for Banks, Solutions for Brokers, and the Forex White Label Program.

Forex Solutions for Banks

• This type of solution makes it possible for banks to further broaden their trading offering to clients. And eventually provide a better operating results using specific outsourcing approach.
• Banks can expand their market and instrument delivery at a fast rate with a fully integrated portfolio management. As well as reporting tools that would help increase profitability.

Solutions for Brokers

XOH has created a trading environment where third-party firms and developers will be able to set up an entirely different front-end trading system that’s based on its API.

• This solution offers excellent speed and quality execution, along with three execution types, complete security features, as well as zero hosting charges. Further protection can also be installed if necessary.
• Also, flexibility is made available on markups as well as markdowns on group-level influence charts and swaps. Clients are also provided with a fully-customizable settings, reporting tools, and no security group limits.
• XOH’s front-end offerings are diversified through its integrated systems, including IB and MAM.

Forex White Label Program

Clients of XOH have the option to join the Forex White Label Program. The firm offers practical opportunities for launching an IB or White Label business and generating more profit.

• The program enables participants convert their IB business or White Label into their own wholly branded and tailored brokerage, helping them produce additional income.
• Those who are interested, but are not an IB or White Label, can get started by using an express package which consists of a trading platform, an easy to use back-office software, and access to the highest level of liquidity available.

X Open Hub Trading Products

XOH provides institutional liquidity on more than 3,000 instruments including Forex, Indices, Commodities, Cryptocurrencies, Cash Indices, and Equity CFDs.

Forex

• XOH offers liquidity on over 50 spot forex instruments, along with advanced execution features and competitive turnover fees.
• Nominal value of a lot is 100,000
• Minimum size of one pip is 0.0001
• Available currency pairs include majors, crosses, and exotics.

Indices

• Clients can access liquidity on more than 20 global stock indices and benefit from the platform’s tight spreads on instruments such as Dow 30, FTSE 100, DAX, and more.
• Nominal value of a lot is up to 500 (Futures contract-level), 1,000 (Instrument-level), and 100 (Index level).
• Minimum size of one pip is 1

Commodities

• Liquidity is available for 21 commodities from sectors including energy, agriculture, as well as precious and industrial metals.
• Nominal value of a lot and the size of one pip varies, depending on the commodity instrument.
• Highly-traded commodities offered by XOH include gold, Brent crude oil, coffee, and many more.

Cryptocurrencies

• The firm provides liquidity on 25 cryptocurrencies including Bitcoin, Ethereum, Litecoin, Ripple, and Dash.
• XOH’s liquidity offer for cryptocurrencies starts from 5% margin.
• Nominal value of a lot is up to 10,000
• Minimum size of one pip is 0.0001

Cash Indices

• XOH offers 10 cash indices from across the US, Europe, and Asia.
• Nominal value of contract size is up to 50 (US and Asian instruments), 25 (European instruments), and 10 (UK instruments).
• Minimum size of one pip is 1

Equity CFDs

• Clients of XOH are granted access to liquidity on a vast range of equities around the world.
• Leverage up to 1:10
• Short sale available
• Number of shares per one lot are 1 for all instruments.
• Minimum lot size is 1 for all instruments.
• Margin ranges from 20% to 100%

X Open Hub Trading Conditions

Platform

• XOH managed to develop a multi-asset trading platform that is equipped with the MAM capability to improve tools and quality further. Innovative trading through the platform is possible through different execution types and comprehensive analysis.
• Its back office also features a full risk management system, which is combined with XOH’s liquidity and smart B-Book Executors.

Smart Executors

• XOH’s Smart Executors automatically handles even the smallest trades, while keeping quality execution with a No Dealing Desk (NDD) model.
• The Smart Executor also helps reduce dealers who must take control and stick to procedure, reducing operational costs as a result.

Charting

• XOH Trader enables access to several technical indicators such as Bears/Bulls power, Bollinger Bands, MACD, and much more. Moreover, the platform uses features like price correlation, which is not always available to other providers.
• The charting package also includes advanced charting tools, i.e., Andrew’s Pitchfork, Elliot Waves, and Fibonnaci.

Reseller program

XOH offers a reseller program kind of affiliate marketing platform that enables to earn commission by attracting clients to X Open Hub. 

Conclusion – Is X Open Hub good?

X Open Hub (XOH) is presented as a company operating with complete compliance of FCA regulations. The firm offers liquidity and trading technology solutions to clients, startup groups, and brokers.

Throughout its years in the trading industry, XOH has provided its services to more than hundreds of institutions in over 30 countries around the world. Its reseller program also provides agents, entrepreneurs, and corporate introducers a simpler way to grow their business further.

Furthermore, XOH has devoted its resources in technology to enable consistent low-latency execution. Its improved pricing offering is also ideal for retail brokers using STP and ECN models.