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Reviewed broker: XCFD

Established in 2013

Location: New Zealand

Regulation: Vanuatu FSC. The broker lost its regulation from FSP New Zealand.

USA traders: not accepted

Trading instruments: forex, indices, stocks, commodities

Trading platform: XCFD in-house platform

Metatrader 4: not available

Maximum leverage is up to 1:100

Account types: standard

Demo account: available

Minimum payment requirement: $10

Scalping: allowed

Hedging: allowed

Expert advisors: forbidden

Margin call level: 110%

Stop out level: 110%

Currency pairs: 38

Payment methods:  credit cards, skrill, webmoney, giropay, unionpay, sofort, neteller, bitcoin, wire transfer

Promotions MacBook Air for 5 biggest deposits, iPad Mini for every 100th deposit made, 50% welcome bonus to the first 1,000 depositors

Customer support: email, live chat, phone

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