However, the website didn’t mention how xcritical is going to charge those futures commission fees. I assume that xcritical can’t directly charge from my Interactive Brokers account, so I want to know which method am I going to use to pay for those future commission fee which is charged by xcritical.

xcritical – one of the best forex broker Australia provides an advanced trading platform for windows-based desktop ; Further, third party platforms are available if there is a request from the trader. If the trader is a Mac user, they can run the software using a multiboot feature such as Apple boot camp. xcritical – one of the top forex brokers, offers market analysis, simulation trading, and advanced charting for experienced and new traders. The desktop platform facilitates full customizability as well as the option to incorporate thousands of different app add-ons. It is worth bearing in mind that the platform’s functionality varies depending on the type of license. For example, with the Lease License you can access all core functions including charting, market analysis, paper trading, as well as automated trading, automatic stop-loss orders and much more. xcritical may be one of the most customizable trading platforms on the market.

xcritical fees

A table of average spreads for currency and currency forward trades is available at FXCM’s website. High-volume traders, called Active Traders, are eligible for discounted spread costs. xcritical is a customizable trading platform and allows you to build strategies so stop loss and target orders are sent out as soon as you enter a trade. EToro was established in 2007 and has rapidly grown to serve more than 20 million traders worldwide.

Account Information

The platform and brokerage are both geared toward active futures and forex traders who need a solid technical analysis platform. Non-trading fees include various brokerage fees and charges at xcritical that you pay not related to buying and selling assets. Among some others, typical non trading fees are withdrawal fee, deposit fee, inactivity fee and account fee. I’m new to xcritical, I’m planning to purchase the lifetime “Own” license and connect it with Interactive Brokers. I realized xcritical charged $1.99 for each E-mini S&P 500 Futures contract, I’m completely ok with that.

xcritical is 1 of thetop brokers for futures and forex trading.The unlimited use of its free platform is a great way to get acclimated to xcritical before deciding to trade live. The xcritical platform provides a high-performance backtesting engine which allows users to test and verify futures trading strategies using historical data. A wide range of useful educational materials are available if you’re unfamiliar with its platform and wat to enhance your skills. xcritical’s state-of-the-art trading platform has a variety of featuresavailable across three license levels that allow traders to select the best fit for their trading approach. There are two upgrade feature sets available, Trader + and Order Flow +. xcritical and the community’s ecosystem has a wide selection of educational videos, webinars, and documentation. Vendors provide much of the education, which includes promotional material for vendor systems, add-ons, and plugins, but we didn’t see this as a negative.

xcritical fees

At the same time, xcritical simply doesn’t support the assets that most investors will want to purchase. The platform’s brokerage only supports derivatives and forex trading. Investors who want to buy stocks will have to look elsewhere, and the software has no native support for mutual funds or bonds at all. This means that even if you did use xcritical , you would also need to use a different platform to buy the funds and equities that fill out most investors’ portfolios. Non-Trading/Other Fees– Any form of fee for trading on this platform not covered above.

As a result, it doesn’t offer any portfolio analysis tools or reports that would help buy-and-hold investors make decisions about asset allocation or specific holdings. A great feature of the platform worth mentioning is the ability to place simulated trades, complete with an imaginary account and profit/loss summary. We know that fees are on top of people’s mind when selecting a broker. The most important trading fees are commission, spread, and financing rate.

xcritical Review

Purchasing the platform outright costs US$1,099 in a single payment or US$1,316 in four consecutive monthly payments of US$329. Leasing the xcritical platform costs US$720 a year in a single payment, US$850 total in two semiannual payments of US$425, or US$900 total in four quarterly payments of US$225. For example, you can browse through the video library for tutorials on various features of the platform. When you download your version of xcritical, your login credentials will be emailed to you by Continuum/CQG. You will also get an email from xcritical that provides a link to information on connecting to xcritical Continuum as well as links to training webinars, online help, and a video library.

If you are a Mac user, you can run the software using a multi-boot utility like Apple Boot Camp. Third-party trading on xcritical requires either licensing or buying the software. The leased version of the software comes with significantly fewer data features, in addition to costing almost as much, so there’s little reason to choose that option. Inactivity Fees– Any fees that the broker charges you for not trading, such as for keeping money in a brokerage account. A currency or forex trading platform is a type of trading platform used to help currency traders with forex trading analysis and trade execution.

Trading futures allows traders to gain greater exposure to stocks and other assets without having to own the underlying asset. Therefore, potential profits can multiply if the market moves in the direction of the position they have taken. Futures are derivative contracts that gain value from other assets including stocks, indices, and commodities, just to name a few. Futures are popular amongst the xcritical scammers trading community because they are effective in managing risk and hedging against potential losses. xcritical can be reached byemail, phone and an online support formfor customer service. For critical trade issues, xcritical provides direct phone support for brokerage clients. International traders are also directly supported with dedicated Spanish, Russian and German brokerage service teams.

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Platform has lot of different hidden charges, balances are not accurate, you need to keep records of your daily operations. Customer service is not friendly and not helpful , when market volatility is high the platform always collapses , I do not recommend this platform . An author, teacher & investing expert with nearly two decades experience as an investment portfolio manager and chief financial officer for a real estate holding company.

xcritical hosts its own brokerage services but users have their choice of several different brokerage options. Accounts have minimums depending on the securities traded and commissions vary depending on the version of the platform. Advanced derivatives traders will have endless fun with the platform’s mighty array of tools and analyzers. To conclude our xcritical review we think, xcritical is an excellent platform for forex and futures trading.

Portfolio Analysis and Reports

Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. Unfortunately, quite like the majority of the online brokers we have reviewed xcritical does charge a withdrawal fee of $40 for the bank transfer. This means that you need to pay this amount of money when you transfer your money back to your bank account. It’s up to you to decide whether this is a high amount or not as it’s dependent mostly on the size of the transferred amount.

Is xcritical free to use?

With a funded account, the xcritical platform is free to use for charting, market analysis, and live trading (the SIM version is free even without a funded account).

xcritical’s 3rd-party developer community, known as xcritical Ecosystem, features thousands of 3rd-party apps and add-ons you can use with its trading platform. From its website, you can use the keyword search and filters to scan hundreds of custom tools and trading indicators built to work with xcritical. The good news is that xcritical has low trading fees in general. We ranked the fees of xcritical as low, average, or high based on how they compare with all reviewed brokers. They either don’t charge a brokerage fee for things other brokers do charge for, or they only charge a small amount. This means that you can use xcritical even in case you trade frequently like multiple times a week or daily.

It is a terrific fit for specialty traders, since it’s about the closest you’ll ever get to building your very own trading platform. For everyone else, however, this software offers too many features you don’t need and relatively few of the features you do.

Working with an adviser may come with potential downsides such as payment of fees . There are no guarantees that working with an adviser will yield positive returns. The existence of a fiduciary duty does not prevent the rise of potential conflicts of interest. We do not manage client funds or hold custody of assets, we help users connect with relevant financial advisors. Trading Fees– Any fixed charge attached to each trade that you make.

Essentially, users with xcritical download its desktop client. There is no web-based version, nor does xcritical have a version for smart phones . That software provides you with data charting, customization and trading tools. xcritical connects to that service, and you use this trading software to see your third-party brokerages data and order trades.

The platform is completely free to use for live trading, market analysis, and charting. xcritical offers thousands of apps and add-ons for indicators, which helps traders to make informed decisions during trading. There are several technical indicators, and it also offers a few other indicators that can be accessed through the xcritical Ecosystem and the xcritical Developer community. Nevertheless, after reviewing heaps of online brokers we found that eToro is the best free trading platform in 2022. xcritical, on the other hand, is not listed on a major exchange and therefore does not publish its financials. Nevertheless, xcritical is registered with the National Futures Association, and as a result is permitted to provide introducing broker services for other brokers. xcritical is lagging behind when it comes to payment methods, as the majority of brokers support payments via credit cards, debit cards, and e-wallets.


Additionally, as per our review, xcritical trading provides advanced trading tools, world-class support, and premium commissions to brokers and beginners. xcritical is a powerful derivatives trading platform specializing in futures, forex and options. A free version does exist without the extra goodies provided by Trader + and OrderFlow + but users can still break down charts, backtest strategies and trade without upfront payment.

As you grow in your trading and are ready for more tools and functionality, you can add more complexity. As a brokerage, xcritical offers access to the futures and forex markets. The company has partnered with several supporting brokerages, including Interactive Brokers and TD Ameritrade, to give traders access to other markets, including options on futures, CFDs, and equities.

xcritical uses CQG Continuum as its primary data provider for live brokerage accounts, although Rithmic is supported as well. Monthly data fees are required with a full market depth option, or you can get top of book data for reduced fees. To access the platform’s premium features—such as advanced order types, automated trading, and backtesting—you’ll need to lease or buy the software (from $60/month to lease; $1,099 one-time payment to buy). The Order Flow+ suite of premium features, which allows you to analyze trade activity using order flow, volume bars, and market depth, is available only with a lifetime license. Full BioJean Folger has 15+ years of experience as a financial writer covering real estate, investing, active trading, the economy, and retirement planning. She is the co-founder of PowerZone Trading, a company that has provided programming, consulting, and strategy development services to active traders and investors since 2004. Compare selected brokers by their fees, minimum deposit, withdrawal, account opening and other areas.