X Open Hub Review
What is X Open Hub?
The core mission is to provide liquidity and trading technology for financial institutions and retail businesses around the globe. The XOpen Hub is the trading name for XTM Limited and is a component of One Capital Group . One Capital Group is a broker headquartered at London. However, the operational and technology centers are also based in Warsaw.
Together with its group activities, the company has proven to be a strong force in many aspects. It also delivers high-quality trading solutions for institutional and retail clients. The company was also awarded numerous times.
The broker invested heavily in the technology to ensure tailored liquidity. This technology delivers low latency execution, tight spreads, and improved pricing.
Computer technology has made financial assets more liquid. X Open Hub provides access to robust IT departments in large banks and brokerage housesworking 24/7 directly connected to stock markets, ECN banking systems, and other STP brokers.
Broker: X Open Hub
Minimum deposit: $0
Leverage: 1:30
Regulator: FCA
Year: 2002
Platforms: MT4, XOH Trades
HQ: UK
X Open Hub Licenses:
XTB Limited - Authorized by FCA UK registration number. 522157
Overview
X Open Hub is a strong platform with top-tier transparency regulation. The model offers great trading conditions for professional and institutional traders as well as banks and brokerages. It has the lowest spreads and costs in the industry. There are many supported platforms, software, APIs, and trading solutions.
X Open Hub is not intended for small- or regular traders and is a tailored solution.
Pros
Well regulated
Unique offering
Broker suited for professional, institutional traders
Competitive trading conditions
Cons
Not recommended for beginners
Retail traders not accommodated
No US Clients
Rating of the company overall
Reliability ⭐⭐⭐⭐⭐
Platform ⭐⭐⭐⭐⭐
Commissions ⭐⭐⭐⭐
Support ⭐⭐⭐⭐
Financial instruments ⭐⭐⭐⭐⭐
RATING: 4.6
Is X Open Hub a safe site or a fraud?
X Open Hub isn't a fraud as it is a part of XTB Broker. The group also makes every effort meet European standards as the company authorized and regulated by UK Financial Conduct Authority,the Polish KNF and CySEC in Turkey. They also have cross-border passports to more than 10 EU countries.
The obligation to authorities that regulate Forex trading services and Forex is something you should check when choosing a trustworthy broker. The regulators have strict requirements and the company must provide a secure environment for their clients and partners at all times.
The broker provided comprehensive security and also set up protection for funds. This means that investors who have losing positions won't get into negative balance. Institutional partners and accounts are protected by strong risk management features, making X Open Hub a solid option to trade with.
Trading Instruments
The broker offers access to 3000+ global instruments, including indices, commodities, shares, and deep liquidity forex. It is also an ETF Broker . X Open Hub's clients and partners can invest in a variety of markets, including those that are most traded, or exotic, with low spreads, starting at 0 pips, with no requotes.
Education
The company also offers education on the market and the finance industry. This is a great benefit as it will help you improve your trading skills at every stage. This knowledge base is divided into two levels: advanced investors and beginners . It includes detailed category information via webinars and other resources that can be tailored to your needs.
Leverage
You can also use tool leverage to increase your gains by allowing multiple accounts to balance while trading with X Open Hub. Leverage levels will vary depending on several factors. These include prof level in trading, the instrument you trade and the regulatory restrictions.
X Open Hub being a UK and FCA approved firm, it requires a lower leverage level. The maximum retail trader leverage limit is 1:30 for major currency pairs, 1:20 minor currencies and 1:10 commodities.
Learn how to properly leverage leverage, as leverage can increase your potential losses and offer great opportunities.
Types of accounts
The X Open Hub is a provider of trading solutions to established corporations and institutions. They offer a variety of solutions, including Solution for Banks, Brokers and Startups. Each solution was designed to meet a specific need.
If a bank or brokerage is involved, they can expand their trading offerings to clients through an outsourcing strategy that improves operational results. The XOH provided a trading environment that allows third-party companies to build and maintain a new trading system based upon XOH APIs. This was done by having a deep understanding of the broker's needs.
This account allows for flexibility in markups on influence charts and swaps, fully customizable settings, clients support, reporting tools, and no security group restrictions. It also includes integrated systems like IB, MAM and multiasset, flexible netting, and gross management, which diversify the front-end offering.
Fees
X Open Hub fees will vary depending on the type of account and offer you use. However, they are mainly based on a spread. You should also consider fees such as funding fees, which depend on whether you are an institution or are inactive. See the fee table below.
X Open Hub rollover
X Hub rollover and overnight fee are costs that will be charged for positions that are held longer than one day. Every instrument has a different condition to overnight positions. You can check the platform to see which conditions you have.
X Open Hub Spread
X Open Hub spreadsas described are very competitive pricing models, with the highest grate interbank spreads and also designed to meet the most stringent needs.
XOpen Hub spreads can be floating spreads that include a variety oftools to adjust pricing. They also offer customized solutions to meet the specific needs of each investor. You can see the typical X Open hub spreads for Forex instruments in the following table. To get better retail pricing, you may also check BDSwiss spread.
Trade Platforms
XOH has created a complete offering with its multi-asset trading platform that suits brokerage needs. It also empowers users with the MAM capability to access advanced tools and features. X Open Hub offers a complete risk management system that integrates liquidity and executors.
XOH Trader offers trading capabilities via a variety of versions on a range of devices, including the HTML5 platform version and the Mobile Application. This platform allows advanced trading and offers powerful visual and analysis features.
XOH Trader has an enhanced portfolio that includes robust risk management tools, multiple capabilities, and Smart Executors. This allows for automatic control of even the smallest trades, solving many B-Book issues with scalpers and high-volume traders using NDD model.
There are many other capabilities available, each one being tailored and enhanced with the necessary figures to suit the specific nature of the institution or business. It is possible to create White Labels and x APIs with low latency, as well as Expert Advisors using MT4 - the MQL4 community for automated trading.
X Open Hub also partners with strategical providers such as MetaQuotes and social trading platform ZuluTrade. Third parties of FX analysis, global researches, and more.
Conclusion
Overall, X Open Hub is in compliance with the FCA regulations. It also has established business offerings within One Capital Group. The company offers the ultimate technology solutions and access to liquidity on multi-assets, primarily for institutional clients, brokers, and start-ups. The company proposal includes the extensive features of technology-driven solutions using NDD model. It also offers one of the most competitive pricing models for institutions and STP/ ECN brokers that are brought in by selective liquidity providers. This is definitely something to consider.