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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

xPartners

Cyprus Cyprus | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

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Website

Rating Index

Influence

Influence

D

Influence Index NO.1

Russia Russia 2.51
Surpassed 15.70% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

+357 25349815
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ERATO BUILDING, Floor 2nd, Ayiou Athanasiou 74, Limassol 4102, Cyprus

license Forex License

risk

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
3

Basic Information

Registered Region
Cyprus
Operating Period
5-10 years
Company Name
Goldenburg Group Ltd
Email
support@xpartners.com
Contact Number
+35725349815
Company Website
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Business Region
Verified Site
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About Us
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Official Website

Verified Site

  • xpartners.com
    104.40.231.124
    Server Location
    Netherlands Netherlands
    ICP Registration No.
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xPartners

Related Companies

GOLDENBURG GROUP LTD(Cyprus)
Cyprus
GOLDENBURG GROUP LTD(Cyprus)
Deregistered
Cyprus
Registration No. HE328474
Est. Date
Source Official Statement
Employees

Company Profile

Company Profile

Review summary

General Information & Regulation

xPartner provides comprehensive investment services internationally and is committed to bringing its clients the best opportunities in Forex and CFD trading. xPartner currently holds a straight-through license (license number: 242/14) from the Cyprus Securities and Exchange Commission (CySEC).

Market Instruments

Investors can trade a range of popular financial instruments with xPartner, including Forex currency pairs, as well as CFDs on indices, commodities, precious metals, and stocks.

Minimum Deposit

xPartner offers investors a standard account only, with a minimum deposit requirement of $100.

xPartner Leverage

When it comes to trading leverage, the maximum trading leverage offered by xPartner is up to 1:100. Since leverage can amplify both gains as well as losses, it is important for traders to learn how to use leverage and management risks.

Spreads & Commissions

The average spread on the xPartner platform is 3 pips for a standard account in EURUSD, which is much higher than the industry standard. In addition, xPartner charges several additional fees, such as dormant account fees (40€/month), swap, and financial transaction taxes for stock trading.

Trading Platform

xPartner provides traders with the world's leading MT5 trading platform. Like the previous generation MT4 trading platform, MT5 also has excellent charting tools, many market indicators, and easily customizable robotic trading to help traders automate their trading.

Deposit & Withdrawal

xPartner supports traders' deposits via VISA, Maestro, wire transfer, Dotpay, but only wire transfers are supported, and the withdrawal amount cannot be less than $250. xPartner does not charge any fees for deposits and withdrawals.

xPartner Pros & Cons

xPartner Advantages Include:

1. Cysec regulation

2. Acceptable minimum deposit amounts

xPartner Disadvantages Include:

1. Only one account type

2. High spreads

3. Additional fees, swap fees, inactive account fees (40 EUR monthly).

4. One way of withdrawal only

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

Is xPartners safe and reliable?

Based on its operational profile, xPartners presents significant safety concerns. According to WikiFX data, the broker's overall score is 1.57, which is extremely low. The primary issue is its regulatory license status, which is currently assessed as 'Unverified' by WikiFX. This lack of verified oversight means client funds are not protected under any major financial compensation scheme, placing all financial responsibility on the trader. This combination of a low score and unverified regulation constitutes a high-risk profile, indicating the firm is not a reliable choice for traders seeking security.

04-06
United States

Is xPartners regulated?

The broker, Goldenburg Group Ltd, holds a Cyprus Securities and Exchange Commission (CySEC) license with the number 242/14. It is an STP (Straight Through Processing) license. However, the WikiFX assessment indicates that the current status of this license is 'Unverified'. This means the authenticity and active regulatory oversight of this license cannot be confirmed at this time. Operating with an unverified license is a severe concern, as it negates the investor protections typically associated with regulated brokers.

04-06
United States

What is the minimum deposit of xPartners?

The minimum deposit required to open an account with xPartners is not publicly disclosed on their official channels. This lack of transparency regarding a fundamental account requirement makes it difficult for potential clients to assess the initial financial commitment and compare it with other brokers.

04-06
United States

Does xPartners support MT4 or MT5?

Based on the WikiFX assessment, xPartners receives a high score of 4.0 for its software offerings. This score strongly indicates that the broker provides access to industry-standard trading platforms. While the specific platform name is not listed, a score of this magnitude is typically associated with the availability of popular platforms like MetaTrader 4 (MT4) or MetaTrader 5 (MT5).

04-06
United States
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