X-Fortunes Review – Low-Cost Online Investing 

Investing

FAST FACTS

Account Minimum: $0.00

Product Offerings: Stocks, ETFs, Options, Forex, Bonds, Mutual Funds, Crypto 

Fees: $0 for stocks & ETFs / $0.65 per contract options fee 

Top Benefits 

X-Fortunes is an excellent brokerage for traders and investors who demand access to robust investment products with lower fees and margin interest rates. The following are the top benefits of investing with a broker. 

Low fees and spreads 

X-Fortunes primarily emphasizes low-cost investment opportunities to attract different types of investors to its platforms. The broker allows you to trade stocks and ETFs at no commissions. Besides, they have eliminated several standard trading fees. 

A more comprehensive selection of investment products 

Despite the low-cost investment options, X-Fortunes also allows access to a broader selection of assets and products. That enables you to pursue the specific investment strategy that perfectly aligns with your needs and goals. 

Excellent trade execution 

The broker’s clients also enjoy highly convenient order executions because of the broker’s proprietary smart order routing software. The technology automatically routes trades to several market centers and executes each leg at the most low-cost market center. 

Overview 

X-Fortunes is one of the top-rated low-cost online brokers today. Its low fees and margin interest rates have significantly democratized online trading, attracting different investors. Besides, the broker offers a vast selection of assets and top-notch trading technology for excellent trade executions. However, X-Fortunes is still developing a mobile app and its services are not accessible in some regions. 

Pros 

  • Low fees and margin interest rates 
  • Diverse product offerings 
  • Excellent trade execution
  • Well-organized educational materials 

Cons 

  • The mobile app is still in the development stage 
  • Services are not available in some regions.

Trading Platforms 

X-Fortunes’s clients have two trading platforms: desktop and web versions. Both venues boast intuitive designs, with plenty of tools and features that enable you to make the most of the available investment opportunities. The platforms offer similar asset classes and products, allowing you to use them simultaneously. 

This broker’s smart order routing is a proprietary technology that enables you to automate routing and executing trades. The software spreads orders across numerous market centers and executes each trade at the most low-cost market. That also allows you to get the best price execution. 

There are several other features and tools on X-Fortunes that you can access on the desktop and web platforms, including charts, portfolio analysis, multi-leg options, trading idea generators, calculators, screeners, evaluators, research, and news. Most of the tools are pre-built, but some are also customizable. 

Product Offerings 

X-Fortunes also boasts an extensive product selection that comprises a wide range of asset classes and fixed-income investments. The broker adds new products regularly, based on customer demand to allow clients even more options. The following are the currently available products on X-Fortunes. 

  • Stocks 
  • Forex 
  • ETFs 
  • Options 
  • Bonds 
  • Mutual Funds 
  • Crypto
  • Commodities 

The portfolio combines long and short stocks, more than 20 currency pairs, treasury bonds, municipal bonds, corporate bonds, CDs, and all the major cryptocurrencies. 

Costs 

X-Fortunes charges different fees, commissions, and margin interest rates. However, the broker has eliminated several standard fees and uses a subsidized pricing policy that allows clients to keep the overall trading costs down. Here is a rundown of the expenses on X-Fortunes. 

  • No commissions for stock and ETF trades 
  • Options attract a $0.65 per contract fee 
  • International trades incur exchange fees 
  • No fees for software, domestic wires, checks, or account transfer/ inactivity. 

Other costs may still apply on X-Fortunes, so confirm the specific fees and spreads before placing any orders on the platform. 

Education 

X-Fortunes also offers good educational programming with well-organized materials in diverse formats. Users can access tutorial videos, expert commentaries, infographics, and webinars. The broker also has a dedicated FAQ page with answers to some commonly asked questions about online trading. 

Final Verdict 

X-Fortunes mainly emphasizes low-cost online investing with low fees and margin interest rates. It also provides a broader selection of assets and fixed-income products. Although the broker lacks a mobile app, the desktop and web versions offer robust tools and functionalities for active traders and investors. 

Disclaimer: This is a sponsored marketing content.

The views expressed in this article are those of the authors and do not necessarily reflect the views or policies of The World Financial Review.