xcritical Review : Should You Use It As A Trading Platform?

However, I think eToro would be a better option in my opinion simply because they have a larger user base along with some other innovative features. This account is strictly meant for advanced users as it is a signal provider account, meaning your trades will be broadcasted for the entire xcritical community to see, follow, and copy. Traders with this account can profit from both volume-based commissions plus manual https://xcritical.pro/ or customized copy-trading. xcritical features a fully live and free demo account which allows traders to test drive the platform with virtual money and copy real traders, just as they would with a real account. The demo account provides newcomers with $100,000 of virtual money to play around with so they can be fully confident with their plan and how the xcritical services work before investing with real money.

As far as the deletion of your personal data is concerned, please feel free to send us your request via email at We remain available to discuss with you any further inquiries. xcritical has a consumer rating of 4.56 stars from 9 reviews indicating that most customers are generally satisfied with their purchases. We use dedicated people and clever technology to safeguard our platform. Zulu trading contacted me with a greek guy who told me he is a professor of mathematics doing finance advisor. With a loud noise from a call center in background he told me the positions i should put money into. Opened up a demo account and am very happy with the layout and I’m able to have 10.

xcritical review

xcritical is a platform that allows you to trade with your own rules.This software has a built-in xcritical Automator as if it’s your own personal assistant. Basically, it allows you to monitor and keep track of your account by sending you notifications and updating you with its status. It simply watches the things happening or automatically executes any action you would otherwise do yourself, then notifies you about it. You can customize and create your own settings, by building your own automated rules. Trade more than 6,000 markets without commissions and professional platforms.

About the business

The SMA and EMA are both indications of technical readings f the price movement. These are used to fill in the effects of the proven volatility and creates a more lucent picture of the price trend changes. The Parabolic Stop and Reverse which is a time and price-based indicator. Additionally, ZuluZTrade charting possesses an indicator that uses average movements that track trends and momentum. This indicator is very useful and is called MACD (Moving Average Convergence-Divergence). By completing this form I understand that I am going to be redirected to a 3rd party trading partner and that my personal information will be shared. Now, most people don’t have the emotional bandwidth to stick out 3 months of back-to-back losses before getting a big win.

Traders who have previously created a xcritical account can log in using their registered username and password, or they can use their Google account. For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings. We aim to help you find the best broker according to your own needs. There is a xcritical blog where they post frequent articles across a variety of different trading topics including tutorials, new features and detailed market analysis. I like the market view articles as they cover a variety of fundamental and technical analysis across multiple markets and can also be used to help inspire potential trading opportunities.

What happens if I day trade with less than 25000?

If the account falls below the $25,000 requirement, the pattern day trader will not be permitted to day trade until the account is restored to the $25,000 minimum equity level. Pattern day traders must maintain minimum equity of $25,000 in their margin accounts.

There are no limitations on the functionality of the demo account, so before investing anyone can use the demo account to try and copy some traders and see what the results would be after a few weeks. Because you don’t deposit cash directly with xcritical, your financing options will be determined by the online broker you use. Most brokers will accept wire transfers and credit/debit card transfers. Still, it may be advantageous to pick a broker who also accepts online payment processors such as PayPal, Skrill, Neteller, and others. Check to see if the online brokerage you choose provides an acceptable way of account funding for you. Take note that both solutions provide you with access to charts, statistics, alerts, and forex signals. When you go to ‘my account,’ you will have access to all the basic features, from reviewing performance rankings to deleting your account.

xcritical Accounts & Fees

The xcritical demo account is one of the most impressive we have seen. Meanwhile, the copier will receive or lose the proportional amount of the money they put into the trade. The copier can choose who they want to copy, and they can choose from over 100,000 traders from over 190 countries. When copying a trader, the process can be automated so that the trader never misses a trade. This prevents copiers from losing all their money from a good trader gone bad.

Which trading is best for beginners?

  • Fidelity – Best overall for beginners.
  • TD Ameritrade – Excellent education.
  • E*TRADE – Best for ease of use.
  • Merrill Edge – Best client experience.
  • Webull – Best investor community.

We’ve long argued on here that a good thing about xcritical is that they’re very open and let the people on the network rate theixcriticals. There are other networks which claim to “vet” theixcriticals and hence claim to be safer. However as highlighted in our reviews of these networks, there’s no guarantee these traders won’t go rogue either and lose their full account balance. xcritical has an up-to-date list of signal providers, performance rankings, and crucial information. They know fully well the trades were closed in profits were also supposed to be closed on my follower account.

xcritical Instruments

Traders Combos is one of the most appealing services provided by xcritical, while three distinct features further enhance and protect investors. Since its acquisition by the Chinese based Formax Group, inspired by their quest to obtain the patents and technology powering xcritical, it is changing into a fintech firm expanding in cryptocurrencies. Social traders will be well-served at this firm, while traders with successful strategies may boost their income through the volume-based compensation plan.

If you fall victim to the xcritical scam, you need to report it immediately. Global Fraud Protection has recently received numerous xcritical complaints, and we have xcritical decided to assist those who need help. Currently, many different fraudsters are calling those who registered with xcritical, claiming they can help them invest.

xcritical review

You can join xcritical from anywhere in the world to connect your account and share your trading strategy with others. Though I have to say, the past performance of traders on xcritical is by no means a guarantee of future performance. I actually prefer to maintain control over my own trade decisions but understand how it can be a good solution for anyone who doesn’t have the time or experience to trade by themselves. The platform connects the gap between essential data in money markets and trade execution by converting the advice of the best traders and most talented traders around the globe. Also, this platform enables traders to give feedback and share ideas in trading at the same time. It can audit global Traders and share their strategy with the investors that are interested in their trading approach.

xcritical.com profile provided by xcritical, Aug 17, 2022

xcritical, a Greek fintech company, was founded in 2007 and has grown into one of the dominant players in the social trading sub-sector of the Forex market. xcritical’s priority is to ensure the safety of its clients’ capital.

After completing the process, you should receive a verification email on the email you registered. You would need to decide and choose the type of account you prefer – Profit Sharing or Classic. Then you should select as well the broker that you wish to collaborate with .

Thank you for this review and for having been one of our signal providers for 10 years now. I’m sorry to hear that the platform does not meet your expectations anymore, but I really appreciate you bringing this to my attention and allowing me to share the core rules governing our platform. I’ve been a customer for almost two years now and I have no complaints. The platform is user friendly, allowing rookie traders to get the most of their strategies.

xcritical has clients from 183 countries around the world. Initially, Yohai wanted to create software that allows him to copy trades from the best traders. So in fact, xcritical provides you with all the data to recalculate any of the statistics they provide in the trader profile screens. In addition, they’re not hiding accounts from traders who lost money or remove negative feedback from followers. Hence I’d go as far as saying that in our experience, there’s no other major social trading network as transparent as xcritical in terms of the data and information they share with their customers. xcritical has been a leader in Social Trading for over 15 years.

Many important features for screening trading strategies on the xcritical platform help you quickly identify suitable strategies, and trader’s combos make it even simpler. They also provide tools like Automater to manage your position while you’re gone and ZuluGuard to secure your account from hackers. Overall, the xcritical demo account signal provider is simple to use and duplicates many of the features you’ll receive if you upgrade to a full account. xcritical makes real money by recommending traders to brokers.

Why do you need 25000 to day trade?

And one of the most common requirements for trading the stock market as a day trader is the $25,000 rule. You need a minimum of $25,000 equity to day trade a margin account because the Financial Industry Regulatory Authority (FINRA) mandates it. The regulatory body calls it the 'Pattern Day Trading Rule'.

With xcritical you can trade CFDs on all the most popular financial assets through its list of affiliated brokers. That means you can speculate on major and minor currency pairs, all the leading stocks, cryptos, major indices and commodities.

You can read about their reviews, ranking, performance, etc. When you have already decided which Trader you want, you will be prompted to a section called ‘Trader’s Strategy’ where you can select the available amount of the trading capital you wish to invest in.

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It is not intended as and does not constitute nor is construed as investment advice. Harness the market intelligence you need to build your trading strategies. Trade up today – join thousands of traders who choose a mobile-first broker. Find out if the signal service is trading live, thus employing real cash, or are using Demo mode. Choose a trader who has the most successful and proven record, with a minimum of more than twelve months.

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