XPOken Review

XPOken Review

General Information

Broker Name: XPOken

Broker Type: Forex

Country: St. Vincent and the Grenadines

Operating since year: 2020

Regulation: /

Address:  Suite 305, Griffith Corporate Centre Kingstown, St. Vincent, and the Grenadines

Broker status: Active

 

Customer Service

Phone: +000-000-000

Email: [email protected]

Languages: English

Availability: 24/5

Trading

The Trading platforms: XpTrade

Trading platform Time zone: /

Demo account: No

Mobile trading: Yes

Web-based trading: Yes

Bonuses: No

Other trading instruments: Yes

Account

Minimum deposit ($): $250

Maximal leverage:  1:400

Spread: Floating

Scalping allowed: Yes

CONTENT

  • GENERAL INFORMATION
  • FUNDS, TRADING, AND SECURITY
  • THE TRADING ACCOUNTS
  • TRADING CONDITIONS
  • TRADING PLATFORM
  • XPOKEN’S TRADING PRODUCTS
  • CUSTOMER SERVICE
  • CONCLUSION

General Information on XPOken Broker

XPOken is a new broker, and its priority is forex trading. However, the firm also hosts other assets, ensuring its diversity for any trader to try out. XPOken is based in Saint Vincent and the Grenadines. The address is Suite 305, Griffith Corporate Centre Kingstown. Our XPOken review will help you form a clearer image of the broker and decide whether you want to partner with it or not.

It’s clear that the broker is a modern firm following the latest brokerage trends. Its website speaks much about its smooth and minimalistic visual design. But while a pretty website is pleasant to look at and indicates meticulousness, there’s more to explore. The site transparently presents its services, which means that you can quickly reach the info you wish to find out. That’s in contrast with older brokerage firms which would often hide or leave out unflattering details.

Although brokers are not always intentionally hiding information, it still sours the user experience. Trying a broker with an undetailed website doesn’t always turn out well. As such, the broker’s well-organized website is something that should be mentioned in our XPOken review.

Beyond that, the broker also offers a unique platform, excellent account typing, security, and potent trading conditions. Naturally, we don’t ask or recommend that you take our word for it. We’ll further elaborate on the brokerage further down the line. For now, we’d like to describe our favorite features on xpoken.com:

 

XPoken Review: competitive trading conditions

 

·      Transparency

XPOken is a brokerage that is fully transparent in everything it does. It is a rarity with modern firms. The pricing structure is apparent, and there are no hidden fees or charges. The terms and conditions are clear and they are not hiding malicious clauses that would hurt users. Lastly, the funding (particularly withdrawals) accessibility gives you complete control over your account. So, you can quickly manage your finances on your account.

·      Accessibility

Accessibility is another essential feature of XPOken, creating a situation that is an excellent fit for many traders. It starts from its easy-to-use website and its global reach as far as customers go. The broker is available in over 80 countries worldwide, dwarfing a lot of competitors. On top of that, it crafted a platform that’s simple to use, meaning newer traders can access trading quickly.

·      Speed with XPOken

One more significant plus as far as our XPOken broker review goes is the firm’s speed. The registration and verification process is super quick. You won’t need to wait a long time to start trading. Furthermore, its platform is easily accessible and straightforward to grasp, flattening the learning curve. Ultimately, the software is relatively quick, creating a positive trading experience where you don’t need to worry about lag or stuttering.

Funds Trading and Security at XPOken

Safety is a vital component of any broker, where unsafe brokerages add gamble to trading. Even if your trading experience goes smoothly and successfully, there’s always the possibility of disappearing your funds. Naturally, we would never suggest investing with such a firm since investing is risky enough. As such, we only consider brokers that provide their customers with adequate security measures.

Luckily, XPOken is a firm that does much more than what we think. That starts from the transparency and terms and conditions mentioned earlier. The transparency allows you to inspect every broker’s service area, which means you can make an informed decision. The terms also eliminate any doubts and uncertainties about the broker’s validity, deeming them a good company. When these two pair up, it’s not challenging to realize why the broker deserves a significant degree of trust.

The outside security measures are competent, which ensure protection from hackers. Furthermore, the broker employs a straightforward combination of measurements of encryption and account verification. Users are the only ones that can access and use their accounts. In fact, the encryption scrambles the data that makes it unreadable by cybercriminals. The effectiveness of their measures is apparent since there have been no hacking incidents in the past.

Altogether, the safety that the broker provides is quite intimidating and up to par with industry giants. Also, users are pleased, as we couldn’t find any complaints about the broker’s functioning. Overall, we have no issue in stating that the broker’s security is more than competent.

The Trading Accounts

XPOken trading accounts have various options that are the elements that help boost the quality of its overall trading service. The initial account is free and lets you check out the trading platform. But to start trading, you need at least $250. The broker offers six live account options, ranging from budget to luxury, with an invite-only VIP version. However, even the budget account is entirely competent trading-wise and won’t be a hurdle to your success. There’s no wrong account choice on this platform. It comes down to personal preference. Here are some of the specifications to help you pick up the most suitable for you:

 

XPoken Review: trading accounts

 

  • Student

Min. Deposit $250

0.01 Min Lot Size

XpTrade Platform

Mobile Trading

24 Hour Trading

 

  • Starter

Min. Deposit $2,500

0.01 Min Lot Size

XpTrade Platform

Mobile Trading

24 Hour Trading

Islamic Account

 

  • Premium

Min. Deposit $10,000

0.01 Min Lot Size

XpTrade Platform

Daily Analysis

Mobile Trading

Islamic Account

Account Manager

 

  • Advanced

Min. Deposit $25,000

0.01 Min Lot Size

XpTrade Platform

Mobile Trading

Account Manager

Daily Analysis

 

  • Pro

Min. Deposit $50,000

0.01 Min Lot Size

XpTrade Platform

Islamic Account

Account Manager

Daily Analysis

Fixed Pricing

 

  • VIP

Min. Deposit $100,000

Hidden Specifications

Ask Your Account Manager For More Information

start trading

Trading Conditions

XPOken’s excellent trading conditions are the primary element that makes it stand out and allows it to compete with industry leaders. As we mentioned earlier in our XPOken review, this firm prioritizes forex trading. As such, it needed to secure some things that traders commonly enjoy while trading such assets. The two primary elements are the broker’s tight spreads and leverage, which we consider correct. Furthermore, the fast funding with various methods makes a trading experience free from interruptions.

The platform and asset varieties also contribute, but we’ll discuss those later in our XPOken broker review. We want to mention that the broker offers more than forex, which leaves the door open for all traders

Trading Platform

trading platform

In fact, XPOken crafted a unique platform that the company named XpTrader. It is available on the usual web and mobile, which creates a situation where you can comfortably move between the two platforms. On top of that, the software is quite intuitive and convenient, meaning even new users will learn quickly. You can have access XpTrader from xpoken.com by pressing the platform button when you’re signed in. It will take you to a pseudo-demo where you can inspect the platform even without purchasing any funds on your account.

XPOken’s Trading Products

Earlier in our XPOken review, we complimented the variety of their trading materials. We had a solid reason for that, as the firm houses over 500 trading instruments its customers can buy and sell. It spread its assets over multiple categories. As such, the broker is a good fit for a wide variety of traders instead of very specific ones. So, here’s a list of the trading product classes you can see on xpoken.com:

  • Forex
  • Indices
  • Stocks
  • Digital Assets (Cryptocurrency)

XPoken Review: trading products

Customer Service

customer service

XPOken’s support structure follows the standard services that other brokers employ. This means the presence of three options. They include live chat, email, and phone. Meanwhile, the working hours are 24/5. From our experience, the operatives are kind, and swiftly solved our test issue, which resulted in a pleasant experience.

Phone: +000-000-000

Email: [email protected]

XPOken review: Conclusion

From our XPOken review, it is apparent that we’re pretty pleased with how the broker operates. It follows all the best modern trends of a brokerage. Moreover, it maintains a high level of quality with its service. Its security is top-notch so that immediately puts it above the vast majority of its peers.

Its intuitive platform and various assets make it a good choice for any trader. For the budget-luxury trader split, the broker can cater to both with its account typing. That means the XPOken has indeed thought of everything when crafting its service, indicating attention to details. We suggest you go to xpoken.com and sign up if you’re searching for a new broker, and we assure you that you won’t be disappointed.

XPOken Review
  • Support
  • Platform
  • Spread
  • Trading Instrument
Comments Rating 5 (29 reviews)