XE Markets (TradingPoint) Review

History and Background

XE Markets (TradingPoint) was established in 2009 by a team of former interbank dealers that wished to bring superior order execution and high quality service to the Forex community of brokers. At XE Markets (TradingPoint) you have the opportunity to trade Forex, commodities and CFD's including oil trading, gold trading, and silver trading with a licensed Forex broker and benefit from a variety of incentives designed to satisfy all of a trader’s needs.  Their bonus program is one of the best, but due to new U.S. restrictions, they are unable to support clients in the United States.

XE Markets (Trading Point of Financial Instruments Ltd) is a registered and licensed Forex broker in the Republic of Cyprus, a Eurozone member, and regulated by the Cyprus Securities & Exchange Commission (CySEC).  As a member of the Eurozone, the company also complies with EU regulations and is registered with the FSA UK and the BaFin of Germany. 

Features

XE Markets (TradingPoint), as a newcomer to the field, has kept things simple and offers a unique blend of incentives and features.  Their bonus and loyalty program allows for a 50% initial deposit bonus and a 10% loyalty bonus on all subsequent deposits.  The popular Metatrader4 software is the trading platform used for trades, both for demo and for actual account transactions.  A “managed account” offering is under development and should be available in the near future, another feature that is rare in the broker community.  There is no minimum deposit requirement, and account setups fall into three categories:

•    Micro account: 1 micro lot is 1,000 units of the base currency
•    Standard account: 1 standard lot is 100,000 units of the base currency
•    Executive account: 1 standard lot is 100,000 units of the base currency

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