X Open Hub Review

What is X Open Hub?

X Open Hub is a multi-asset FX ad CFD trading provider with the core mission to deliver liquidity and trading technology to financial institutions and retail firms around the world. The X Open Hub is the trading name of XTM Limited and is a part of One Capital Group, a broker headquartered in London, while the operational and technology centers are also based in Warsaw, Poland.

  • The company, along with its group activities has proven strives and achievements in many ways, while delivering the ultimate level of trading solutions to retail or institutional clients and was also awarded numerously.
  • In order to provide tailored liquidity, the broker heavily invested and developed the technology, which delivers low-latency execution with improved pricing and tight spreads.

Indeed, computer technology has changed the way financial assets are traded, thus X Open Hub delivers access to Robust IT Departments in the largest banks and brokerage houses working 24/6 directly connected to stock exchanges, ECN banking systems, and other STP brokers.

X Open Hub Pros and Cons

Our experts find X Open Hub a good broker with a strong background and top-tier regulation for transparency. Its model provides great trading conditions for institutional, professional traders, banks, and brokerages. The costs and spreads are among the lowest in the industry and there are numerous supported platforms, software, APIs, and trading solutions.

For the negative points, X Open Hub is not designed for regular or small-size traders, is a solely tailored solution.

Advantages Disadvantages
Good Reputation Only Forex and CFDs
Great technical solutions, tools, and platforms No 24/7 support
Low Spreads Conditions vary based on entity
Client Protection
Competitive trading conditions

X Open Hub Review Webpage

X Open Hub Review Summary in 10 Points
🏱 Headquarters UK
đŸ—ș Regulation and License FCA
📉 Instruments 3000+ global instruments forex, indices, cryptocurrencies, commodities, shares and ETF
đŸ–„ Platforms MT4, XOH Traders
💰 Costs 0.3 pips
🎼 Demo Account Provided
💰 Base currencies EUR, USD, GBP
💳 Minimum deposit $0
📚 Education Two levels education for beginners and advanced investors
☎ Customer Support 24/6

Overall X Open Hub  Ranking

Based on our Expert finds and reviews X Open Hub is considered a good broker with reliable service and very favorable trading conditions, that are suitable for beginners or experienced traders. As one of the good advantages, the broker offers the lowest spreads in the market.

  • X Open Hub Overall Ranking is 9 out of 10 based on our testing and compared to over 500 brokers, see Our Ranking below compared to other industry Leading Brokers
Ranking X Open Hub Interactive Brokers BlackBull Markets
Our Ranking ⭐⭐⭐⭐ ⭐⭐⭐⭐⭐ ⭐⭐⭐⭐⭐
Advantage Low Spreads Instruments Leverage

X Open Hub Alternative Brokers

However, we find some disadvantages too. X Open Hub instruments are mainly limited to FX and CFDs, the broker doesn’t really provide crypto trading at all. Another disadvantage is the lack high-ratio leveraged trading. Here’s the list of alternative brokers:

  • Dukascopy – Excellent for Shares, Futures Trading
  • AvaTrade – Good Instrument and CopyTrading
  • BlackBull Market – Good for leveraged Trading myself

Is X Open Hub safe or scam?

No, X Open Hub is not a scam, it is a part of the XTB Broker and the group itself makes every effort to meet all European standards. So, the broker sharply adheres to all regulatory laws and standards providing traders with a safe environment for trading.

Is X Open Hub regulated?

Yes, X Open Hub is authorized and regulated by the UK Financial Conduct Authority (FCA), the Polish KNF, CySEC, IFSC in Belize, and CMB in Turkey, and hold a cross-border passport to over 10 EU countries.

  • In fact, the obligation towards authorities that regulate Forex and trading services is the first thing to check while choosing a reliable broker. Along with the strict requirements that are set by the regulators, the company is obliged to cater secure environment for their partners and clients at all times.

See our conclusion on X Open Hub Reliability:

  • Our Ranked X Open Hub Trust Score is 8.8 out 0f 10 for good reputation and reliable service provided over several years thus proving its integrity and credibility. The broker is authorized and regulated by a top-tier regulator and provides client safety services
X Open Hub Strong Points X Open Hub Weak Points
Good Reputation and Strong Adherence to Regulation No 24/7 support
FCA Regulated No Islamic Account
Negative Balance Protection
Compensation Scheme

How are you protected?

The security of funds was provided in a comprehensive manner, while the broker also established negative balance protection. This means, that investors who possess losing positions will not get into negative balance, thus institutional partners and accounts are fully protected with strong risk management features making X Open Hub a solid choice to trade with.

x Open Hub Review License

X Open Hub Leverage

While trading with X Open Hub you also offered to use tool leverage, which may increase your potential gains through its possibility to multiple initial accounts balance. Particularly leverage levels depend on some factors, including prof level in trading itself, on the instrument you trade, as well as defined by the regulatory restrictions.

  • Since X Open Hub is a UK and FCA-authorized firm it demands a lower leverage level the maximum you may use as a retail trader goes to 1:30 for major currencies, 1:20 for minor ones, and 1:10 for commodities.

And of course, always learn how to use leverage correctly, as leverage may increase potential losses together with great opportunities it offers.

Account types

X Open Hub doesn’t specify what account types it provides, however, as a supplier of trading solutions to institutions and established corporations, X Open Hub mainly diverse its offering to Solutions for Banks, Brokers, and for Startups, while each of them is designed specifically for a particular need.

Therefore, either institution is a Bank or Brokerage firm it is enabled to expand trading offerings to their clients by an improvement of operational results through outsourcing strategy. With a deep understanding of what the brokers want to differentiate to meet client demands, the XOH brought a trading environment where third-party companies can build and create a completely new trading system based on XOH APIs.

  • The broker doesn’t have an Islamic Account in its offering list, hence traders wishing to trade without violating Sharia law should consider other brokers.

The account offers flexibility on markups on the influence charts or swaps, fully customizable settings and client support, reporting tools and no security group limitations along with integrated systems alike IB, MAM, multi-asset, flexible netting, and gross management diversify the front-end offer.

Pros Cons
Fast Fully Digital Account Opening No Variety of Trading Account
Demo Account No Islamic Account
No Minimum Deposit
Multi-currency Account Base

Trading Instruments

Based on what we have found, the broker provides access to global instruments on deep liquidity. Therefore, a number of instruments allow X Open Hub’s partners and clients to invest in various, most traded or exotic markets with low spreads starting from 0 pips with no requotes.

  • X Open Hub Markets Range Score is 8.3 out 0f 10 for a good trading instrument selection starting from 0 pips, however, the market range can be traded only on FX and CFD basis. Also, it doesn’t provide cryptocurrencies since FCA has banned cryptos for the UK clients

How many instruments can I trade with X Open Hub?

Based on our estimation and review, the broker provides over 5,000 assets for trading as CFD instruments. It is backed up with a global infrastructure and provides the following asset range: forex, indices, cryptocurrencies, commodities, shares, and ETF.

X Open Hub Review Instruments

X Open Hub Fees

Based on our finds, X Open Hub fees are defined by the account type and offering you will use but are mainly built into a spread. Also, consider additional fees like funding fees which are depending on the institution you are in, also it may charge a flat fee for inactivity after a particular time period.

  • X Open Hub Fees are ranked low with an overall rating of 8.2 out of 10 based on our testing and compared to over 500 other brokers. Most of the fees are built into spreads and are considered good

X Open Hub rollover

X Open Hub rollover or overnight fee consider as a cost, which is charged on the positions held longer than a day. Each instrument has a different condition for overnight positions and may be checked directly from the platform, and of course, due to the nature of X Open Hub business, all conditions are negotiable and designed to meet specific needs.

Fees X Open Hub Fees Pepperstone Fees AvaTrade Fees
Deposit Fee No No No
Withdrawal Fee No No No
Inactivity Fee Yes No Yes
Fee ranking Low Average High

X Open Hub Spread

X Open Hub spreads as defined are truly delivering a very competitive pricing model, with the highest grate interbank spreads also designed to meet the most demanding needs.

X Open Hub spreads are floating spreads with a number of additional tools to adjust better pricing and of course featuring tailored solutions according to each investor or institution’s particular need. For instance see typical X Open Hub spreads for Forex instruments below, while Standard Spread for EUR USD is 0.6 pips considered low spread among the industry. As well you may check BDSwiss spread to know better retail pricing of the company.

  • X Open Hub Spreads are ranked low with an overall rating of 8.4 out of 10 based on our testing comparison to other brokers. We found Forex spread much lower than the industry average of 1.2 pips for EURUSD, and spreads for other instruments are very attractive too
Asset X Open Hub Spread Dukascopy Spread ActivTrades Spread
EUR USD Spread 0.6 pips 0.2 pips 0.63 pips
Crude Oil WTI Spread 2 5 3
Gold Spread 28 30 35.75

X Open Hub Review Spreads

Trading Platforms

XOH created a complete offering through its proprietary multi-asset trading XOH platform that suits brokerage needs that are also empowered with the MAM capability to advance tools and features. Along with numerous additional features, X Open Hub provides full risk management systems integrated with liquidity and executors.

  • H Open Hub Platforms are ranked Excellent with an overall rating of 8.8 out of 10 compared to over 500 other brokers. We mark it as excellent being one of the best proposals we saw in the industry, and a great range including MT4 also its proprietary platform
Trading Platform Comparison to Other Brokers:
Platforms X Open Hub Platforms Pepperstone Platforms XM Platforms
MT4 Yes Yes Yes
MT5 No Yes Yes
Own PLatorm Yes Yes Yes
Mobile App Yes Yes Yes

Mobile App

XOH Trader offers trading capabilities through various versions in a range of devices: HTML5 platform version and Mobile Application. The platform performs advanced trading with various types of execution and powerful analysis and visual features.

Furthermore, XOH Trader enhanced its portfolio with robust risk management tools, various capabilities and with Smart Executors that automatically control even the smallest trades solving many B-Book problems with scalpers or high-volume traders with the NDD model.

X Open Hub platform

Desktop Platform

Along with that, there are vast other capabilities and each of them is tailored and advanced with necessary figures defining the particular nature of the business or institutional need. Therefore, White Labels, x APIs with ultra-low latency and unique features of MT4 – Expert Advisors for automated trading from the MQL4 community remain possible.

Also, X Open Hub partners with various strategical providers including social trading platform ZuluTrade, MetaQuotes, third parties of FX analysis and global research and more.

Customer Support

Another advantage we should notice awarded support provided by Pepperstone. Their commitment to the client’s satisfaction includes a 24-hour live chat facility and support available n various languages including some less popular languages. The support is multi-channel and overall is among the best customer service providers/

  • Customer Support in X Open Hub is ranked Excellent with an overall rating of 8.5 out of 10 based on our testing. We got some of the fastest and most knowledgeable responses compared to other brokers,  also quite easy to reach during the working days

See our find and Ranking on Customer Service Quality:

Pros Cons
Quick response No 24/7 support
Relevant answers
Availability of Live Chat
Supporting numerous languages

Education

Moreover, the company supports you by education about the market and finance industry itself, which is always a plus as enhanced skills across every stage of trading is one of the crucial factors. The knowledge base is delivered by two levels for beginners and advanced investors with in-depth category details through webinars and other sources designed to suit your own needs.

  • X Open Hub Education ranked with an overall rating of 8.7 out of 10 based on our research. The broker provides very good quality Education Materials, and excellent research

X Open Hub Review Conclusion

Overall, X Open Hub operates with full compliance according to the FCA regulations and established business offerings within the One Capital Group. The company provides ultimate technology solutions with access to deep liquidity on multi-assets mainly for institutional clients, start-ups and brokers. Among the company proposal’s proses not only the comprehensive features of technology-driven solutions with NDD model but also one of the leading and competitive pricing models designed for institutions or STP/ECN Brokers that are brought by the selective liquidity providers, which definitely worth consideration.

Based on Our findings and Financial Expert Opinion X Open Hub is Good for:

  • Beginning Traders
  • Professional Traders
  • EAs running
  • Copy Trading
  • Scalping / Hedging Startegies
  • Traders who prefer MT4 platform
  • Currency Trading and CFD Trading
  • Suitable for a Variety of Trading Strategies
  • Spread Betting