XCoinBroker prepared six different account types for their traders. Here, we will provide you more details on each of them
XCoinBroker Micro Plan
This account (or plan) type is available to traders who deposit up to 0.5 bitcoins. It also includes up to 1:20 leverage, up to 10% margin loans and monthly market reviews. This is the cheapest account type available.
XCoinBroker Mini Plan
Mini plan is available if you deposit up to 2 bitcoins, and offers 1:25 leverage, 25% margin loan, monthly market reviews and weekly webinar via live stream.
XCoinBroker Silver Plan
This account type is described by the broker as the best value for the money. Minimum deposit in this case is up to 10 bitcoins, and you get 1:30 leverage, up to 35% margin loan, weekly market review, personal account manager and weekly live stream trading webinar. Basically, you get all the features available with cheaper accounts, but upgraded, as well as some additional perks.
XCoinBroker Gold Plan
Gold plan requires a minimum deposit up to 20 bitcoins. For that price, you get 1:35 leverage, up to 50% margin loan, weekly market review, personal account manager, personal broker, weekly live stream trading webinar, weekly one on one trading sessions.
XCoinBroker Diamond Plan
Minimum deposit is up to 45 bitcoins. For that price tag, you can expect 1:40 leverage, up to 75% margin loan, daily market review, personal account manager, personal broker, weekly live stream trading webinar, daily one on one trading sessions, invites to VIP events…
XCoinBroker VIP Plan
The most expensive trading account requires a minimum deposit in the amount of over 45 bitcoins, which is quite high considering current exchange rates. Traders get 1:50 leverage, up to 100% margin loan, daily market review, personal account manager, personal broker, weekly live stream trading webinar, daily one on one trading sessions, invites to VIP events, higher payouts, super tight spreads.
Unfortunately, we had to notice how there is no XCoinBroker demo account available for traders who wish to test the platform first. Also, the minimum deposit is not listed, only the maximum limits for certain account types. Additional info on deposit requirements would be great. Bear in mind that you must have a crypto wallet in order to trade with this broker. XCoinBroker has a whole set of crypto wallets they do business with, but more on that later.
This broker is advertising bonuses. On their homepage, it clearly says that all traders are eligible for a 100% bonus that can help you leverage profits. No-deposit bonus is available for VIP clients only. Once added, all bonuses are final, so traders should think twice whether or not they really need them as they will have to fulfill some bonus conditions prior to withdrawal. The required trading volume is x30. XCoinBroker bonus policy is quite complicated and very detailed, so make sure to read it thoroughly prior to accepting any typr of bonus or promotion.