Binary options are prohibited in the European Economic Area. Between 74-89 % of retail investor accounts lose money when trading CFDs.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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XFRfinancial Broker Review

  1. XFRfinancial is a binary options brokerage firm, or as they point it out on their website, it is a futures options trading company. This particular broker has not been on the binary options market for an extremely long period but it has already managed to be known and catch the eyes and ears of potential traders.

    During this broker review we will go over the most important issues and elements we have found while reviewing this broker. We aim to produce unbiased and thorough reviews that cover all those things that traders are looking to find out when deciding on their new broker.

  2. Right of the bat, we will inform you that XFRfinancial does not have a Demo account. Many traders will be disappointed with this fact as it’s their right to be. Demo account are excellent tools that help both proficient traders and those that are just starting out, to develop an understanding of the trading platform they will be using but also they are given a chance to set up investment strategies that might be lucrative, but they are able to do so in a risk free environment. Without the Demo account, traders need to start trading with their real money without an adjustment period.

    This particular broker does, however, offer a large number of different account types – we would tend to think that the number of accounts they have is much larger than what the average broker is offering. Here are those accounts:

    Beginner Account

    • 1500€
    • Financial Analyst
    • Traning : Economic Calendar, +3 Technical indicators
    • Bi-Monthly Assistance
    • Interest Rate: 2,5%

    Novice Account

    • 2500€
    • Financial Analyst
    • Training : Economic Calendar, +2 Technical indicators
    • Monthly Assistance
    • Interest Rate : 2%

    Apprentice Account

    • 5000€
    • Financial Analyst
    • Training : Economic Calendar, +5 Technical indicators
    • Weekly Assistance
    • Interest Rate : 5%
    • Insurance

    Trader Junior Account

    • 10000€
    • Financial Analyst
    • Training
    • Bi-Weekly Assistance
    • Interest Rate : 6%
    • Insurance

    Pro Account

    • 15000€
    • Financial Analyst
    • Interest Rate : 7%
    • Insurance

    Black Account

    • 25000€
    • Financial Analyst
    • Training
    • Interest Rate : 8%
    • Insurance

    Expert Account

    • 50000€
    • Financial Analyst
    • Access to Robots
    • Interest Rate : 10%
    • Insurance

    VIP Account

    • 100000€
    • Financial Analyst
    • Access to Robots
    • Account Management Services
    • Interest Rate : 10.5%
    • Insurance

  3. Try trading with an award-winning broker like IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs
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  5. XFRfinancial does not have any mention of the software they use for the trading platform. Most binary options brokers make sure that their traders are well equipped with knowledge about their trading platform and they take great pride in it. It seems that this broker is not like that and will let you know what platform it is and what you’ll be using – only after you have registered.

    We do not think that this is a great approach to binary options traders as people who are used to trading online will know if a broker is giving it their best. AFter registration we have gained access to just see the platform. This particular platform is completely web based, as expected, and can be used with any device with an internet connection. This allows traders to not worry about having to download anything on their computer.

  6. If you want to trade with an award-winning licensed broker, we recommended using IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs

  7. Considering we do quite a few of broker reviews, we make sure to know all the most popular and efficient means of contacting the customer support, should anything go wrong. In this case, traders are left with just a few option: you can send the company a note using a webform on their website and wait for their reply; you can send them a letter or pay them a visit; or alternately you can call them. Calling them might be the quickest route but it is not comfortable for everyone to call brokers on the phone.

    We are disappointed in the fact that we could not find a Live Chat option integrated in their website. This option would provide traders with a much needed instant access to the customer support agents and ultimately provide us with a much better way to assess the friendliness and education of the support team.

  8. Try trading with an award-winning broker like IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs

  9. It was also quite difficult to dig up any relevant information regarding the payments made either to the broker or from the broker to the trader. We have extensively searched through the website and could only find that the following methods are accepted for payments:

    • Visa
    • Visa Electron
    • MasterCard
    • Neosurf
    • Cashu
    • Neteller
    • WebMoney
    • Wire Transfer
    • Discover
    • Skrill
    • Qiwi
    • AstroPay
    • Diners
    • PaySafe

  10. Conclusion:

    We make it our mission to not recommend anything but the best – which, according to industry experts, is IQ Option, the top regulated broker for your country with a minimum deposit of ONLY $10!

    • FREE $10,000 demo account
    • Award-winning trading platform
    • Licensed and regulated broker

    Trade with an
    award-winning broker
    like IQ Option

     

     

    Between 74-89 % of retail investor accounts lose money when trading CFDs
    11. Your capital is at risk

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