This profile is currently being reviewed by the BestForex.io editorial team. Some information may be incomplete or subject to change.
XR Securities Review
XR Securities is the broker dealer arm of XR Trading, a private Chicago market maker. It trades its own money and does not offer accounts to retail traders.
Min Deposit
N/A
Spreads From
Not applicable
Max Leverage
Not applicable
Platforms
N/A
Pros
- XR Trading has operated since 2002 and grew from a fixed income desk into a multi asset market maker
- Its broker dealer arm has been registered with the SEC and FINRA since 2007
- It clears trades through major banks like Goldman Sachs and Societe Generale
- Our research found no major fines or public disciplinary action against the firm
Cons
- XR is not a retail broker, so ordinary traders cannot open an account
- As a private firm, it publishes very little public information about its business
- There is no listed minimum deposit, spread, or leverage for outside traders
- It offers no public trading platform or app for outside traders
XR Trading started in 2002 in Chicago as a fixed income trading shop, then grew into a market maker across equities, futures, options, and commodities. XR Securities LLC, its broker dealer arm, was formed in Delaware in 2005 and began trading in 2008. The firm now has offices in Chicago, New York, and London.
XR trades its own capital as a market maker, not client money. Its own website states that XR and its affiliates do not accept outside investment or client funds. It clears trades through banks like Goldman Sachs and Societe Generale. XR is not a retail forex or CFD broker, and has no sign up page or trading app.
XR Securities has been registered with the SEC and FINRA since 2007. As a private firm, it publishes very little public information beyond routine financial filings. Our research found no major fines or public disciplinary action against the firm.
Max Leverage
Not applicable
Spreads From
Not applicable
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
