XBTFX
- Trust score
- 2/10
- Legal simplicity
- 3/10
- Min. deposit
- 1
- Payment systems
Features
- Low minimum deposit
- Islamic accounts
- ECN accounts
- Scalping allowed
- Affiliate program
- Wide range of trading instruments
Pros
- No advantages identified.
Cons
- No drawbacks identified.
Updated:
XBTFX is an unregulated forex and CFD broker founded in 2024 and based in Saint Vincent and the Grenadines. It offers MT4/MT5 trading with leverage up to 1:500, a $1 minimum deposit, and funding exclusively through cryptocurrency. The broker accepts clients globally except in the US, Canada, Belgium, North Korea, Sudan, and other restricted jurisdictions.
A $1 minimum deposit, Islamic and ECN accounts, scalping, an affiliate program, and a wide range of trading instruments, funded exclusively through cryptocurrency.
XBTFX is an unregulated, cryptocurrency-only forex and CFD broker founded in 2024 and headquartered in Saint Vincent and the Grenadines. It offers MT4/MT5 trading with leverage up to 1:500 and a $1 minimum deposit, funded exclusively through crypto.
Regulation status
XBTFX operates from Saint Vincent and the Grenadines, a common offshore base, but holds no license from any government financial authority. Its offshore, unregulated status enables high leverage, fast registration, and cryptocurrency-only funding, but it also means clients have no regulatory protection in disputes or in the event of insolvency.
XBTFX accepts clients internationally, with exceptions including the US, Canada, Belgium, North Korea, Sudan, and other jurisdictions where forex trading is restricted.
Trading instruments and leverage
The broker lists more than 70 currency pairs and over 120 individual stocks from the US, Europe, Russia, and parts of Asia. It does not offer bonds or interest-rate products. Cryptocurrency trading covers 27 digital assets, including Bitcoin and Ethereum, quoted against the US dollar. Maximum leverage is 1:500.
Trading platforms
XBTFX runs on MetaTrader 4 and MetaTrader 5, available as desktop downloads for Windows, a web platform, and mobile apps.
Account types
- Standard account — an STP account on MT5, no commission, spreads from 1 point.
- ECN account — available on MT4 and MT5, spreads from 0.1 pips plus a $3.5 commission per lot.
Demo accounts and Islamic (swap-free) accounts are also offered.
Deposits and withdrawals
The minimum deposit is $1. XBTFX funds accounts exclusively through cryptocurrency — Bitcoin, Ethereum, Litecoin, Ripple, and several stablecoins — with no traditional banking options. The broker charges no fee on deposits or withdrawals beyond standard blockchain transaction fees.
XBTFX at a glance
| General information | Details |
|---|---|
| Broker name | XBTFX |
| Year founded | 2024 |
| Headquarters | Saint Vincent and the Grenadines |
| Regulation | None |
| Trading platforms | MT4, MT5 |
| EUR/USD spread | From 1 pip |
| Demo account | Available |
| Minimum deposit | $1 |
| Base currencies | USD, BTC, ETH, XRP, DAI, USDT |
| Maximum leverage | 1:500 |
| Tradable assets | Currency pairs, indices, metals, stocks, cryptocurrencies |
| Deposit methods | Cryptocurrencies (BTC, ETH, LTC, XRP, USDT, and more) |
| Withdrawal fee | None |
| Islamic accounts | Available |
| Mobile trading | Supported |
| Web terminal | Available |
| Support | 24/5 |
Bottom line
XBTFX's crypto-only funding and MT4/MT5 access appeal to traders who already hold digital assets, but the absence of any financial regulator means there is no formal recourse if a dispute or solvency issue arises. Weigh that lack of oversight carefully before depositing funds.
