X-Fortunes is renowned as a firm that allows traders to trade and invest at their convenience. The broker utilizes modern technology to create trading circumstances ideal for pros and less-experienced market players. As a result, they have established different features in their platform, enabling more clients to enter the markets and use all kinds of strategies to profit. The broker has gained popularity worldwide and quickly became number one in its category. In this guide, we will detail some of the features X-Fortunes offers, as well as the pros and cons of using this trading platform to trade multiple strategies.
Features
Account Creation
Opening an account at X-Fortunes is a simple, entirely digital procedure. Verification of the account is nearly instantaneous, and traders must complete the following steps before X-Fortunes can activate the account:
- Entering your contact information, including your email address, date of birth, and nationality.
- Giving your tax information, including your tax ID number and the state where you file your taxes.
- Selecting the base currency for your account and the desired account type.
- Answering a few inquiries about your financial condition and trading history.
- Accepting the terms and conditions and proving your identification and residency.
Fees for Trading and Non-Trading
X-Fortunes charges less than the typical commissions on trades. Another thing that makes them stand out is the transparency with which the costs are presented.
X-Fortunes concentrates on CFDs that offer commission-free trading of actual stocks, forex pairs, and ETFs. Both their forex and CFD trading commissions are minimal. Finally, At X-Fortunes, there’s no such thing as non-trading fees. You can leave your account dormant without having to pay an inactivity fee on the account.
Withdrawal
There are no withdrawal fees at X-Fortunes, and you have the same choices for withdrawing money as depositing it. The average time needed to withdraw money from X-Fortunes is one business day, and it is also an uncomplicated process that does not require you to fill out an insane amount of forms.
Log into your account, navigate to your wallet, input the desired withdrawal amount, and then confirm the withdrawal request to complete the withdrawal process. It’s fast and straightforward.
Research tools
X-Fortunes doesn’t just give you a platform to trade; they also provide you with enough materials to make informed decisions. Both the web-based platform and the mobile app have research tools that can easily be used as part of your trading strategy. The research tools also support the same languages supported by the platforms.
Unique trading platform
You can utilize the web trading platform by X-Fortunes without downloading the mt4 or mt5 apps on your gadgets. Both of them feature a highly user-friendly layout that is suited for people with no prior trading expertise.
However, its inability to be customized is a drawback that may be significant for knowledgeable traders.
Reports
Additionally, the broker provides a very well-organized portfolio and fee reports that traders can use to analyze the portfolio growth. Having these reports makes it simple to view the interest you have earned or been charged, your cash balance, or your profit or loss, and also lets you know what instruments were the most profitable to trade. Log in to your profile and then choose “Report” to see your reports.
Pros
- A low minimum deposit required
- They have a wide range of tradable assets
- Their interface is multilingual
- Regulations and permits are readily available.
- The website offers free access to documents attesting to the presence of a license.
- Segregated accounts are used to safeguard customer cash.
- They have many deposit and withdrawal methods available.
Cons
- Absence of investment initiatives.
- They have limited methods to get in touch with customer service.
- X-Fortunes doesn’t offer trading contests for their users.
Summary
Are you looking for a flexible broker that allows you to try a wide range of strategies? Then it would be best if you tried X-Fortunes. They have proven beyond every doubt that they have what it takes to accommodate diverse trading approaches and strategies. You can take our word for it and check out their website to know what makes them special.
