XZDL Global Review 2024
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $1
- FX6 (Windows, mobile)
- 2022
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $1
- FX6 (Windows, mobile)
- 2022
Our Evaluation of XZDL Global
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
XZDL Global is a high-risk broker with the TU Overall Score of 1.53 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by XZDL Global clients on our website, Traders Union expert Anton Kharitonov does not recommend working with this broker, as, according to reviews, most clients are not satisfied with the broker. XZDL Global ranks 441 among 459 companies featured in the TU Ranking, which is based on the evaluation of 100+ criteria and a test on how to open an account.
XZDL Global offers classic accounts and a proprietary trading platform for over-the-counter market transactions. While it currently lacks a license for intermediary services, it is committed to expanding its client base and responsibly fulfilling its obligations to traders.
Brief Look at XZDL Global
XZDL Global is a Forex broker operating under the STP model. It offers access to 6 asset classes, including currency pairs, cryptocurrencies, indices, metals, commodities, and energy resources in CFD format. Clients can engage in trading with leverage up to 1:400, benefit from professional analytics, and have access to 24/7 support. XZDL Global provides its proprietary FX6 trading platform, which supports algorithmic trading and streams quotes from global liquidity providers.
- Access to broker services for traders worldwide;
- A user-friendly trading platform designed for Straight Through Processing (STP) operations;
- No minimum deposit requirements;
- A diverse range of over 90 trading instruments, including currency pairs and various CFD types;
- Variable spreads for all assets;
- High leverage for retail trading, up to 1:400 regardless of the asset or account balance;
- Free access to analytics from renowned global news agencies.
- No regulation;
- Higher fees compared to well-known Forex intermediaries;
- Lack of educational courses, bonuses, and partnership programs.
TU Expert Advice
Financial expert and analyst at Traders Union
XZDL Global, a brokerage firm, has developed its own trading platform to meet the needs of traders who prefer the STP processing model. This platform is versatile, works on any device, and offers essential functions for online trading in both the currency market and CFD instruments.
However, an examination of user reviews regarding XZDL Global's platform reveals that not all users are content with its analytical capabilities and operational speed. Some clients have expressed dissatisfaction with the technical support, highlighting slow response times and a lack of informative assistance. Additionally, XZDL Global keeps its location undisclosed and doesn't publicly share the documentation that underpins its brokerage activities. There is also no client agreement available for clients on the website or within the user account.
The trading platform is accessible in 12 languages, allowing users not only to execute trades but also to access financial market research, reviews, and forecasts. However, it's worth noting that XZDL Global does not offer educational resources for traders. Beginners can use a demo account and rely on the basic terminology provided on the website, as these constitute the extent of educational tools provided by this broker.
XZDL Global Summary
| 💻 Trading platform: | FX6 (Windows, mobile) |
|---|---|
| 📊 Accounts: | Demo, User |
| 💰 Account currency: | USD |
| 💵 Replenishment / Withdrawal: | Bank transfers, debit/credit cards, online payments, cryptocurrency transactions |
| 🚀 Minimum deposit: | No specific requirements |
| ⚖️ Leverage: | Up to 1:400 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | 0.01 |
| 💱 Spread: | From 1.6 pips |
| 🔧 Instruments: | Forex, cryptocurrencies, CFDs on precious metals, CFDs on energy resources, CFDs on indices, CFDs on commodities |
| 💹 Margin Call / Stop Out: | N/A |
| 🏛 Liquidity provider: | Top liquidity providers |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | No |
| 📋 Orders execution: | Market execution |
| ⭐ Trading features: | STP order processing |
| 🎁 Contests and bonuses: | No |
XZDL Global provides trading opportunities for its clients in currencies and contracts for difference (CFDs) with variable spreads and high leverage, all without additional fees. There are no specific requirements regarding the initial deposit size, allowing you to deposit any amount you prefer. Accounts are denominated in USD, and the Swap Free service is not offered. Supported order types include Market and Pending orders, with the option to set Stop Loss and Take Profit levels.
XZDL Global Key Parameters Evaluation
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Trading Account Opening
Creating a user account on the XZDL Global website consists of several steps. Below, we'll briefly describe each of them:
Start by initiating the registration process by clicking on "Register" on any page of the website.
After providing your email, you receive a confirmation code. Enter this code in the registration form, along with your first name, last name, and phone number. Then you create a password to secure your account. After entering all the necessary information, you receive a welcome email from XZDL Global at your email address. This signifies a successful registration, and you can now log in to your user account using your email and password.
Functionality of the XZDL Global personal account:
A trader’s user account is needed for the following purposes:
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Making deposits/withdrawals and monitoring all transactions within the account;
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Communicating with technical support in real-time;
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Generating a referral link to invite other traders to the broker's platform;
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Changing language or password, editing the profile;
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Exploring the section with analytical reviews and forecasts;
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Viewing trade history.
Regulation and safety
XZDL Global's website does not provide information about its registration address, office contacts, or license numbers. There are no legal documents with official company information available on the site. The technical support service has declined to provide such information. All of these factors indicate that XZDL Global is registered offshore and engaged in unregulated activities.
Advantages
- The broker offers leverage of up to 1:400 for all assets and all clients
- Client funds are completely separated from the company's funds and are held in separate bank accounts
Disadvantages
- The lack of regulators is the first sign of the broker's unreliability
- Providing documents is required for depositing any amount
- In the event of XZDL Global's operations being suspended, its clients will lose their deposits, as there is no compensation for losses provided
Commissions and fees
| Account type | Spread (minimum value) | Withdrawal commission |
|---|---|---|
| User | From $16 | There is a payment provider fee |
If a trader does not close a position on the day of its opening, a swap fee is charged. It can be either negative (resulting in a loss) or positive (resulting in a profit). Experts from Traders Union calculate the average fees of all brokers who have profiles on the TU website. For this reason, they were able to easily compare the spreads of XZDL Global with the fees of other popular companies among traders, such as RoboForex and Pocket Option.
| Broker | Average commission | Level |
|---|---|---|
|
$16 | |
|
$1 | |
|
$8.5 |
Account types
To enter the Forex and CFD markets through XZDL Global, the first step is to create an account. Access to the demo account is automatically granted, but in the user account, you can switch to a real account. XZDL Global does not offer a variety of account types; all its clients trade under the same conditions.
Accounts types:
XZDL Global provides access to classic trading with variable spreads and no additional fees. They do not offer MetaTrader platforms, instead, traders need to get acquainted with their proprietary platform, FX6.
Deposit and Withdrawal
The broker processes withdrawals in the currency requested by the client. However, there is a fee for currency conversion if the withdrawal currency is not USD.
You can use bank transfers or electronic transfers for withdrawals. Additionally, withdrawals to cards (debit/credit) and cryptocurrency wallets like USDT (TRC20, ERC20), ETH, and BTC are available.
Withdrawals are only permitted for verified clients. Please note that withdrawal fees may be charged by the bank or payment system, but XZDL Global processes withdrawals for free.
Investment Options
XZDL Global is not designed for investment purposes. It also does not provide access to proprietary or third-party copy trading platforms, PAMM, or MAM systems.
XZDL Global's proprietary platform supports the MQL language function, which can be used to create expert advisors (EAs) for algorithmic trading. Developers configure the trading program according to specific parameters, enabling automated trading without human intervention.
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
Partnership program of XZDL Global:
Currently, XZDL Global does not have active partner programs. In the user account, there is a menu called "Invite friends” where you can copy a link to invite other traders. However, engaging in such activities will not result in any rewards. Nevertheless, technical support does not rule out the possibility of adding the option for earning rewards through referrals in the future.
Customer support
Clients and website visitors are served 24/7. The primary language of technical support is English, but communication options expand when changing the language of the user account interface.
Advantages
- Technical support operates without days off
- Multilingual support is available in 6 languages
Disadvantages
- Operator response in the chat is not always fast
- It's not possible to contact the broker by phone
Clients and unregistered traders are served through:
Online chat, which is available in the user account;
Email
There is no ready-made email assistance form on the website, and the Live Chat button is inactive.
Contacts
| Foundation date | 2022 |
|---|---|
| Official site | https://www.xzdlgloballtd.com/ |
| Contacts |
Education
The training section on the official website is not designed for comprehensive trading education. It provides basic terminology of financial markets without video lessons, practical courses, visual materials, or in-depth explanations of necessary concepts.
Anyone interested in learning trading can use XZDL Global's demo account, but they need to look for theory and educational materials on other brokers' websites.
Comparison of XZDL Global with other Brokers
| XZDL Global | RoboForex | Exness | TeleTrade | AMarkets | FBS | |
| Trading platform |
FX6 (Windows, mobile) | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 | MT4, MT5 | MT4, MT5, AMarkets App | MT4, MobileTrading, MT5 |
| Min deposit | $1 | $10 | $10 | $10 | $100 | $10 |
| Leverage |
From 1:1 to 1:400 |
From 1:1 to 1:2000 |
From 1:1 to 1:2000 |
From 1:1 to 1:500 |
From 1:1 to 1:3000 |
From 1:1 to 1:3000 |
| Trust management | No | No | No | No | No | No |
| Accrual of % on the balance | No | No | No | No | No | No |
| Spread | From 1.6 point | From 0 points | From 1 point | From 0.8 points | From 0 points | From 1 point |
| Level of margin call / stop out |
No | 60% / 40% | 60% / No | 70% / 20% | 50% / 20% | 40% / 20% |
| Execution of orders | Market Execution | Market Execution, Instant Execution | Market Execution, Instant Execution | Market Execution, Instant Execution | Market Execution, Instant Execution | Market Execution |
| No deposit bonus | No | No | No | No | No | No |
| Cent accounts | No | Yes | No | No | No | Yes |
Detailed review of XZDL Global
XZDL Global, a brokerage firm, provides its clients with access to liquidity from top-tier providers and offers advanced order execution without any external interference. Traders benefit from trading with variable spreads, free from additional fees while enjoying fund security and professional 24/7 technical support. XZDL Global has garnered international recognition for its exceptional service and high-quality offerings. The company's trading platform is highly favored among traders due to its user-friendly interface and extensive customization options.
XZDL Global by the numbers:
The company has opened over 100,000 trading accounts;
Traders from 73 different countries use its services;
There are more than 90 trading instruments available, with leverage reaching up to 1:400.
XZDL Global is a broker that provides proprietary trading platforms for six distinct asset classes
Clients of XZDL Global can engage in trading across 41 currency pairs, 12 commodities, 7 cryptocurrencies, and CFDs tied to well-known indices from Europe, America, Asia, and Africa. The trading leverage offered for all these assets extends up to 1:400. Additionally, energy commodities such as natural gas (NGAS), Brent Crude Oil (BRENT-IPE), and West Texas Light Crude Oil (WTI-NYMEX) are accessible. The spreads for currency pairs begin at 1.6 pips, with EURUSD typically having a spread of 2-2.5 pips. Gold has a minimum spread of 3.8 pips, while silver's minimum spread is 4.5 pips. All cryptocurrency trading pairs (BTC, LTC, ETH, XRP, SOL, DASH, DOG) are paired with USD.
XZDL Global offers its proprietary FX6 trading platform, which can be used on Windows or through a mobile application. Trading assets are also directly accessible via the user account on the website's web platform. The FX6 trading platform supports six timeframes (1M, 5M, 15M, 30M, 1H, 1D) and provides options for both market and pending orders. The chart type employed is Japanese candlesticks, and there is currently no provision for customization or altering the display of market information.
Useful functions of XZDL Global:
Real-time quotes for major currency pairs, cryptocurrencies, indices, gold, and silver within the user account. Price decreases are denoted in red, while increases are displayed in blue.
A demo mode, which assists users in acquainting themselves with the functionality of the FX6 trading platform and allows them to learn trading without financial risk.
Fresh analytical content from Investing.com and other news portals, accessible in the client's Research section within the user account.
Advantages:
Traders registered with XZDL Global can execute trades on any device, whether it be a desktop or mobile.
Algorithmic trading is facilitated through the use of programmed advisors.
The broker offers a competitive array of trading assets, encompassing a diverse selection of currency pairs and stock indices.
Client funds are securely stored in separate bank accounts, independent of the XZDL Global system.
All orders are executed without the interference of dealing centers or the brokerage itself.
XZDL Global ensures the provision of high-quality service and the equitable processing of trading orders for all clients. The account balance does not influence the size of trading fees or withdrawal priority level.
User Satisfaction i