Leverage: 1:30
Regulation: CySEC, FSC
Min. Deposit: 250 US$
HQ: Cyprus
Platforms: MT4, XTrade WebTrader
Found in: 2003
XTrade Licenses
The broker XTrade firstly known as XFR Financial Ltd was established back in 2003, while recently headquarters in Cyprus and offering traditional trading through CFDs on shares, commodities, forex and indices.
The company also continuously increases their ranges and add instant access to the most popular Cryptocurrencies that are available 24/7 directly through the trading platform: Bitcoin, Bitcoin Cash, Litecoin, Dash, Ethereum, Ripple and other digital coins.
The international proposal through performed through stablished entity in Belize that allows international traders to open account and also get high leverage or other conditions. Yet, be sure you learn differences about regulations and conditions well.
XTrade is a trusted broker with CySEC regulation. XTrade provides good trading technology with platform selection and spreads on average-low basis, the account opening is fast and there is selection of Forex and CFD instruments.
On the negative side the are some limitations in product offering, support is no available 24/7 also international proposal is done via Belize entity.
| 🏢 Headquarters | Cyprus |
| 🗺️ Regulation and License | CySEC, FSC |
| 🖥 Platforms | MT4, XTrade WebTrader |
| 📉 Instruments | CFDs on shares, commodities, forex and indices, Cryptocurrencies |
| 💰 Costs | 0.6 pips |
| 🎮 Demo Account | Offered |
| 💳 Minimum deposit | 250$ |
| 💰 Base currencies | Three currencies available |
| 📚 Education | Free education with courses and daily analysis |
| ☎ Customer Support | 24/5 |
In fact, XTrade through the long operation spread around globally while serving clients from a vast number of countries. As a recognized company in online trading with years of experience and worldwide presence, the firm confirmed its status by many awards and industry achievements.
Xtrade & Cristiano Ronaldo – The broker supports various social activities which increase their presence in world picture. Cristiano Ronaldo was Xtrade official ambassador of 2016-2017, which signifies an opportunity to support the world’s greatest footballer while promoting marketing-leading CFD trading products.
No, XTrade considered safe broker because is authorized by CySEC to provide lower risk Forex and CFD trading.
The XTrade group and the company fully comply with the CySEC regulation, as per their headquarters in Cyprus and its obtained license, along with numerous registration and authorization across the EEA zone. The international brand that serves worldwide clients XTrade International operates in various jurisdictions through its license obtained by the Financial Service Commission in Belize (IFSC).
Even in fact this license if offshore one, which regarded as not safe enough on its own, yet the additional regulation by the European entities confirms that the broker strictly complies with the international protective measures.
The client’s funds are always segregated as we see through our XTrade Review, means an account in which the trader’s assets are kept is separated from the broker’s assets that enable security and money protection, while also every client account is opened under the Investor Compensation Fund.
Furthermore, Xtrade continuously monitors its operations as per regulatory requirement and provide comprehensive security for all online transaction or manipulations provided.
In addition, according to the regulation sets the trader cannot lose more than the initial deposit, since the broker applied negative balance protection, which all in all makes XTrade considered to be a safe Forex broker.
Leverage is a quite unique opportunity to magnify trading potential using the tool of leverage. However, every trader should remember that leverage can work both for you as well as against you, so you should be cautious when using it and learn more how to use tool smartly.
In terms of XTrade leverage offering, as there are two main regulatory obligations the clients of different jurisdictions will fall under specific levels of leverage.
Through one Xtrade single account you are able to trade across multiple devices that make no difference between the traders. At the beginning, the trader can always try out the risk-free environment through Demo-account opening.
You can either grow your account so once the account reach or holds a balance of a certain amount it will turn either to Premium Account with 1,000$ balance, Platinum Account with 5,000$ and VIP Account 25,000$ accordingly. The trading conditions won’t be different and features the same support, education, news and available numerous signals. Yet, there is a spread reduction and additional education videos available for Platinum and VIP account holders.
The XTrade trading instruments or trading products are offered through a popular CFDs or Contract for Difference model, which allows vast flexible opportunities on price speculation without particular ownership of an asset.
– Xtrade Equity CFDs allow trading CFDs worldwide on the most actively traded shares– Apple, Google, Nike, JP Morgan, IBM, etc. With a 5% Initial Margin.
– Forex Trading includes the most popular international currency pairs – EUR/USD, USD/JPY, etc, as well as the highly demanded Cryptocurrencies. Xtrade trading system provided over 50 leveraged Forex pairs with leverage up to 1:400.
– Index CFDs – S&P 500, Dow Jones, etc. The contract value of one Index CFD equals the price quoted in the currency of the Index. The broker offers the market fixed spreads between the buy and sell prices and no commissions.
– Commodity CFDs – Gold, Silver, Oil, Natural Gas, etc. The contract value of one Commodity CFD equals the price quoted in the currency of the commodity. For example, if Gold CFDs are trading at $1,200.50, then the value of one ounce Gold CFD is $1,200.50.
The XTrade offers various technical solutions and tools for better trading conditions, along with reduced costs with no commission policy but only fixed spreads (e.g. spreads between the buy and sell prices for EUR/USD 2-5 pips). Additional costs like non-trading fees, funding fees and inactivity fees are ranked below.
| Fees | XTradeFees | BDSwiss Fees | AvaTrade Fees |
|---|---|---|---|
| Deposit fee | No | No | No |
| Withdrawal fee | No | No | No |
| Inactivity fee | Yes | Yes | Yes |
| Fee ranking | Low | High | Average |
XTrade trading fees are based on a XTrade Spreads Only strategy, with a fixed amount, means that traders’ costs included into a spread, which is the difference between the bid and the ask price of a financial instrument. To see the Spread value for each product please refer to the table below that gives you a reference on a price model, however, check the most accurate data on the official Xtrade website or platform.
However, the trader will have a better price offering from the XTrade broker as long as account size or type increases. Thus, the spread of the common EUR/USD pair is fixed to 5 pips in Standard Account, 3 pips in Premium and Platinum, 2 pips in VIP account.
Overall XTrade spreads considered to be a low spread offering among the market, for instance, check out and compare Xtrade to FP Markets fees.
| Asset/ Pair | XTrade Spread | BDSwiss Spread | AvaTrade Spread |
|---|---|---|---|
| EUR USD Spread | 0.6 pips | 1.5 pips | 1.3 pips |
| Crude Oil WTI Spread | 1.5 | 6 | 3 |
| Gold Spread | 10 | 25 | 40 |
| BTC USD Spread | 95 | 2000 | 0.75% |
Keeping a position open after a specific hour (approximately 22:00GMT), subject trader to an Xtrade funding premium fee or overnight fee that is subtracted from the trading account. This premium covers the cost of the associated funding and varies from the asset for another, e.g. Eur/Usd fee for sell or buy is around 1.8.
To deposit or withdraw the funds, the client has many options to choose from, yet, depending on the client’s location, which you can easily check through the official XTrade website.
The available methods include the following ones, so you can choose the most convenient one for you.
There are no deposit or withdrawal fees charged to the client from the company,
The XTrade minimum deposit is 200$, yet you should calculate and cover necessary expenses since the variety of trading instruments offers different margins and spreads. E.g. to open a new position at equity, account must exceed the trade’s initial margin level requirement. Also, Xtrade occasionally runs promotions offering lower deposit threshold minimums.
XTrade minimum deposit vs other brokers
| XTrade | Most Other Brokers | |
| Minimum Deposit | $200 | $500 |
XTrade Withdrawal fee or deposit charge is 0$, means the broker covers transaction expenses, unless your own bank or payment method requires some performance charges in case of the wire transfers. If you deposit via credit card, any withdrawal amounts will be returned to that credit card. Likewise, if a deposit is made via bank transfer, the withdrawals will be transferred back to your bank account.
The Xtrader platform range offers mainly an online-based proprietary software, as well as to stay trading with an industry leader MetaTrader4. However, the proprietary platform gained numerous rewards, from both industry professionals and the traders, thus you may try and then never leave XTrade platform.
| Pros | Cons |
|---|---|
| Proprietary Web trading platform | None |
| User friendly design and login | |
| Price alerts | |
| MT4 offered as well | |
| Supporting many languages |
The platform does not require installation and offers a rich set of trading tools for optimal trading, as well enriched with market analysis and fast execution of orders.
In order to never miss an opportunity, Xtrade developed a powerful mobile platform that is available on iOS, Android and Windows. The mobile platform is a customer-friendly and supported by alerts and professional charting tools.
Overall, as a trader you will get access to real-time charting and almost all possible manipulations in the web platform or its applications, which is fully intuitive and easy to understand or perform even to the newbies, not considering professionals that will find the full capacity of very powerful features.
XTrade provides also multiple support that increases the trading experience and makes it a smooth process. You can reach out customer team through live chat, email or phone lines, also due to international coverage, there is multilingual support and centers that run 24/5.
You are able to develop trading skills and strategies with professional trading tools, along with educational resources and daily market reviews, which makes it possible for beginners to join as well.
In addition, there is an economic calendar, analysis tools and News feed inbuilt into the platform, daily analysis video and other education support essential for everyday trading.
Concluding XTrade review, the broker brings stable and reliable conditions to trade. Their main offering mainstays on a fixed spread with no hidden fees, powerful online-based platform and comprehensive trading instruments variety. As a regulated broker, the company does follow the strict rules of the client’s protection along with the funds’ security and safe trading environment. What is pleasing also, is that XTrade supports their traders by various means, from excellent support to 0$ fees on money transactions, as well as widely supported methods.
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Trabajar con x-trade.mx no es satisfactorio. Hay papeletas, hay artículos, y el dinero prácticamente no se muestra. No funciona como el terminal en x-trade.mx en absoluto. Empecé a cambiar la vida aquí. Primero, fui a cursos, luego me entrené en una cuenta demo y luego en una cuenta real. No termina sin bien, ¡no lo recomiendo!
I have been around the world and have picked up a few phases of Spanish, I note that the 2 reviewers, if I’m correct end their reviews with a negative comment.
Gracias a este proyecto, xtrade-opiniones.com comenzó a trabajar en el invierno de 2018, abrí mi cuenta el 12/10/18 para conectarme, nadie ayudó en este caso. No tenía experiencia previa. El trabajo en el proyecto no está muy satisfecho, fui elegido para mí como un comerciante que tiene bajos ingresos, lo cual es muy difícil de obtener con un depósito bancario en una moneda extranjera. Para mí es muy importante que no pase tiempo en estas operaciones en la terminal, y la ganancia mínima se produce todos los meses. Esta plataforma no cumple mis deseos y requisitos en absoluto. Quién planea trabajar con él y tiene dudas, puedo recomendarlo con seguridad. Hasta que lo intentes, no reconocerás el engaño y las grandes promesas.
Estudió en xtrade-estafa.com y no obtuvo lo que esperaba. Anteriormente, representé al mercado y entendí cómo ganar dinero. Después de dos días de estudio aquí, no sabía nada y no entendía los algoritmos de esta compañía. Parece que los gerentes y gerentes solo quieren obtener dinero de usted. Lo explicaron tan fuerte que pensé que ganaría millones con ellos. En la práctica, esto está lejos de la verdad. Los gerentes muestran cómo funciona la terminal, cómo abrir ofertas, usar herramientas, pero el pago de dinero es casi irreal. El comercio aquí a través de estrategias conduce a cuentas negativas. ¡Así que no se los recomiendo a nadie!
I am a Australian citizen and only speak English, how do I read reviews that are in Spanish or Hindi.
I have worked with xtrade company and still operating an account with them, honestly, the company is one of the best legitimate and transparent online trading firms if not the best, I have worked with many other brokers in the last 15 years, so far, xtrade experience is the best.
This company are scammers stay away from them better
I can’t say i did’t have any experience at all when I started trading here. Yet, neither I am a professional market participant. I other words, trading is a hobby for me and my level of understanding the details of the market and its participants is corresponding.
The broker has pleasantly surprised me with the quality of executions. The platfrom is webtrader which is rather intuitive and definitely is enough for daily market analysis and active trading. I didn’t have much reasons to test the support service, which I guess can be counted as an advantage too. Overall pleased with the experience here.
Does the executions speed differ with MT4 and Webtrader?
I traded on different trading platforms, including MT4. I also already have quite an impressive experience on the WebTrader platform from xtrade.
So when comparing order execution speeds, of course, I didn’t measure to milliseconds, but I can say that I definitely didn’t notice any difference in execution speed. I can even say that webtrader platform is faster on many points, for example when trading on the news, orders open very fast and slippage does not seem to be a problem.
I can’t say for everybody but I find the web version very convenient.
You are probably a beginner and are just thinking about opening a XTrade account. This broker only has access to WebTrader. You don’t need to download software to your computer. You can trade from any device whenever you want. And the speed of order execution is excellent here.
By the way, XTrade has an excellent mobile application. I recommend.
Please tell me how can I trade with Xtrade using my smartphone?
I started working with Xtrade because this broker has a really good level of education. Here you can find training courses with trading strategies. This is great!!. Because I immediately got a ready-made strategy in order to make money and I don’t have to come up with everything myself. You just need to open an Xtrade demo account and start training your skills. There is everything for this. Firstly, an excellent trading platform with the necessary functionality, and secondly, a good support service that will answer questions.
In addition, I want to say that Xtrade has a good bonus system and many will be interested to know about it!
I’ve only been trading here for two weeks, but I can already say something. Xtrade is a good broker. I learned to trade here and got bonuses in the beginning. There is a really good bonus system here. In addition, there is a very convenient trading platform that can also be installed on a mobile phone!
I also want to say that the broker is honest and reliable. Yesterday I brought money to the card for the first time. Everything was without any problems!
You can download the Xtrade mobile app for iPhone or Android. It’s free and very convenient.
What can you say about the trading platform that this broker offers?
This broker offers its own WebTrader trading platform. There are mobile versions for iOS and Android. Convenient charts, analysis indicators and trading assets are available: stocks, indices, bonds, forex, commodities, ETFs.
Choosing a broker for forex trading is not an easy process. I usually try to spend a bit of time before making a conclusion as further results of trading might be very vulnerable to the first choice.
XTrade has a set of proprietary platforms designed to work with any gadget. I can install the software on my desktop computer to get the full version and all of the features, I can log in using a smartphone or a tablet. This points out the attitude of a broker that is focused to tailor a trader’s needs.
Next, the company is regulated and has a license to operate in the financial markets. Someone might need tighter regulation, but the trading conditions will be much more consevartive in that case.
Since I use quite an aggressive trading method, I take advantage of the flexible leverage that Xtrade provides for the wide variety of assets in the trading platform.
Finally, I think that a broker has to deliver fresh analysis and actual market updates for its clients. XTrade does that properly.
I am very glad that I found this company for Forex and CFD trading. It seemed to me that this is an excellent broker .. and then I realized that it did not seem to me) This is so.
First of all, I liked that there is a high-quality education. I immediately realized that the broker really wants to teach us how to trade with profit. There are all the possibilities for profitable trading here:
1. Convenient trading platform;
2. A large number of assets;
3. Low spreads.
Xtrade broker is a good choice!)
What can I say, in the beginning I was very satisfied. Now I have discovered some shortcomings. No, I was not disappointed with the broker, rather I just saw a better picture of trading with Xtrade. The main advantage is undoubtedly fixed spreads. Yes, if you only look at the numbers, 2-3 pips is not a very low spread. But the main thing is that it is fixed, so for trading on the news it is a significant advantage. I like the trading platform too, it is very nice and easy to use.
It has disadvantages too – not enough tools for analysis and no possibility to set your own algorithm (at least I couldn’t find). But if standard indicators are enough for you and at the same time your strategy has stable spreads then Xtrade is not a bad choice. I have a question, what is the training possibility at the broker?
I like the possibility to trade with fixed spreads. They make my daily news trading less stressful. I don’t regret neglecting reportedly tighter floating spreads because my peace of mind is more crucial.
scammer company. open account and depo. fund manager ask to open trade then within 1 mins account wipeout due to big leverage 1:20. i have seen never trust this broker again.
I was interested in the Forex market, as many people have heard about million-dollar earnings on Forex, and I was bribed by the promised income. I spent about a week and decided to open a demo account with one of the many brokers, and then a real account. I chose the company Xtrade and I was really lucky. At the moment I only tried myself in commodities trading. I trade with profit. It just motivate me to keep going.
The company is reliable. I’m not afraid to trade here and I’m not afraid to deposit big money. I trust Xtrade completely.
There is training for beginners. So everybody who is just recently interested in Forex – come here. Xtrade is a professional in this business, it can be seen by the reviews.
Yes,I do need more training as a beginner in xtrade.
I decided to do forex trading. And the question of the trading place came up. When I started to search, it turned out that my friend had been trading on the platform of Xtrade for a long time. And he speaks only positively about her work. So I tried it and I am very satisfied. The company has good conditions, great analytics and user-friendly interface. I get a lot of pleasure from trading and I advise everyone to try it!
Tell me, can I get deposit bonuses if I open a trading account here
This is a very interesting question because Xtrade broker offers a unique bonus system which no other broker offers. For example, by opening an account with this broker you receive from 30 to 60% bonus, and if for example your deposit amount is $ 10000, then as a bonus you will get additional $ 6000 to your account! In addition, you get $25 in cash for phone number verification, 20% in cash for account verification, and the first trade (up to $500) is compensated at the broker’s expense. So if you’re looking for a broker with a good bonus system, this is the place to go.
Yes true they gave bonuses but when it comes to withdrawal then you can’t withdraw anything due to bonuses eating up all your deposited/profitable money. Even though your bonus will be realseased due to some xpoints you earned or even deposite money to get rid of the bonus, however, you will be shocked that bonuses are still under your account and it will appear all in a sudden when you decide to withdraw. Avoid this platform, they are scammers
It’s good when you can save your time, especially when you are out of it. I’m a very busy person and have to devote much time to my job and I often have to make business trips to other cities. Nevertheless, I have been always interested in trading and always wanted to try my hand at this new way to make money. My friend helped to start trading. He helped me to choose a broker. He just recommended the XTrade brokerage company. He trades with them.
As for trading skills, I’m still in the process of acquiring them. I signed with the broker, traded for two months on a demo account and now I try to work on a real one, trading microlots (0,01). Microlots are safe. You can’t lose a lot, although your gains will be miserable too, but it’s good training and it gives real emotions – the thing I didn’t face on a demo account.
Trading with this broker is not very difficult, but I traded for a long time on a demo account to learn how to use all the Xtrader functions. The trading platform has all the necessary set of tools for trading and analysis.
When I opened an Xtrade demo account, I still did not know anything about CFD trading, but I was very interested in all this and I understood that I needed to use this opportunity to make money online. I think this is everyone’s dream. Just imagine how you wake up in the morning whenever you want, slowly shut up, watch financial news and open a trading platform to open a trade. It sounds very beautiful and incredible. You’re right, it’s incredible if you don’t do anything about it. Therefore, it is important to practice and use the Xtrade tutorials on the website. Many traders say this broker is good at training. I think it is good!
When I open the account, they mention about the great bonus package. The sales claims that when you lost money, they will deduct from the bonus first. I deposit 4000 and they give me 1600 bonus. I lost. Then I deposit another 4000, lost most of it and I try to withdraw the balance, they told me that I can not withdraw because I have bonus in my account so I can’t withdraw…. HELLO^^^^^ I deposit 8000, and there is only 266 left, I try to take the money out but I can’t…. If it is not scam…. I don’t know what is…. Strongly recommend NOT to open account with them.
After I make this complain and post to different web-site, I can’t even get to my account anymore (but I still have money in my account, if it is not scam, I don’t know what is)…. When I open the account, they mention about the great bonus package. The sales claims that when you lost money, they will deduct from the bonus first. I deposit 4000 and they give me 1600 bonus. I lost. Then I deposit another 4000, lost most of it and I try to withdraw the balance, they told me that I can not withdraw because I have bonus in my account so I can’t withdraw…. HELLO^^^^^ I deposit 8000, and there is only 266 left, I try to take the money out but I can’t…. If it is not scam…. I don’t know what is…. Strongly recommend NOT to open account with them.
In my opinion, the structure of the XTrade bonus program is awesome. I received a welcome deposit bonus and increased my possibilities for trading. The first trade was totally risk free. After some time, I calculated the amount of money that I was able to save on broker’s commissions after I received XPoints, and came to a conclusion that the profitability of my performance jumped. So it’s good to trade with a broker that understands the needs of a trader.
I try not to stick with bonuses because they restrict my freedom. I’d better coun on my own capital. That’s much simpler. I don’t want to suddenly lose my open trading position because I know bonuses don’t work in the red.
The Xtrade platform is successful, I searched a lot for reliable brokers, but I stopped at a broker with a good reputation and I was not mistaken. It took me a long time to study the markets and elementary things about how to work. I got accustomed to the broker pretty quickly, invested a small amount of money and started working. It was very interesting at first, I liked it very much, especially when I earned my first money. Now I just go to the terminal like I go to work. The first excitement is gone, now I just work steadily. I am satisfied with everything and recommend it to everyone. What strategy do you use to trade here?
Do I need to take into account inflation when buying government bonds?
The point is that when you trade with an xtrade broker, you are not buying the bonds themselves, but the CFDs. This means that you do not own the real asset, you do not buy it permanently, and once you make a trade you have to close it after a certain period of time.
Therefore, all you will have to consider for trading is the broker’s spread. And the spreads here, by the way, are very small.
A good broker with an innovative trading platform. What characterizes their trading platform is that the web version works equally well with the desktop version.
The tablet version has great navigation, a good selection of indicators, and instant order execution.
By the way, if we talk about the technical support, it is available in many languages, including Arabic and Spanish.
After the demo version I opened a Premium account for $1,000 and now I consult with my personal manager. Also the company provides significant bonuses for new clients, the amount of which can be up to $6,000.
After a month of trading here I can say that this broker suits me and I have a very big desire to stay here. I first learned about the company from Xtrade reviews. Well, I came here to trade my favorite financial instruments – cross pairs and exotic pairs. I do rarely trade major pairs because I find them quite difficult to trade. Yeah, sometimes I manage to catch the right moment and enter the market on majors but I should confess that it occurs rarely. I don’t know how it could be explained. Perhaps, these assets are not for me and I find this explanation very rational.
On the other hand I feel comfortable trading cross pairs and exotic pairs and therefore my percentage of profitable trades is higher than what I demonstrate on majors.
So, I came here and started trading cross pairs and exotic pairs, but then I noticed that they have something else worth trying. I mean ETFs. I heard about them but I didn’t try them before. I tried them and liked. Now I can say that I trade them as often as cross pairs. I should stress that I never bother myself with fundamentals when trading ETFs because I try to make things simpler. I have already proven that just relying on technical analysis would be enough in ETF trading.
It’s cool that Xtrade gives opportunities to try different approaches, thus increasing the likelihood that one will learn, stay and work more steadily in the market.
This is one of the few normal, reliable brokers. Believe me, I have traded in several places, and there is really very good quality of order execution on the trading platform.
At first I had a standard account, now I have a premium account here with a minimum deposit of 1,000 euros. Here conditions are still better, there is a welcome bonus, and there is a personal account manager.
I enjoy trading here.
I made a decision to join this brokerage company after I reviewed their trading conditions and found them very suitable. They offer a reasonable leverage size. It accounts for 1:400 if I’m not mistaken. I don’t need higher leverage because I’m a very cautious trader. Earlier I tried to work with higher leverages, including such extreme ones as 1:2000 but in most cases it wasn’t for good. When I trade with 1:400 leverage, I have a feeling that I control the situation. With this leverage I can build trading strategies.
Secondly, I appreciate the broker’s trading platform, Webtrader. It’s much easier to use than Metatrader.
I mostly trade currencies but for the last time I have become interested in ETFs. That’s the first broker I tried ETFs with. They are much better to trade than stocks because here I don’t need to worry what might happen with the company whose stocks I bought or sold because in this case I deal with the entire industry, such as healthcare, for example.
A broker is needed in order to make money. This is CFD trading and nothing else.
This company offers many different things to attract more customers. I don’t like it very much, but it might be here.
I think that the broker should just provide good and high quality trading conditions.
By the way, the trading platform is good here. And a lot of assets.
There is no problem with that.
Normal terminal.
There are not very many asset.
There is a demo, you can use it as long as you wish.
They call me thro the phone after i sign up in signal app (THEY TOOK MY by data after sharing Information from another app )
– and they ask me if i am interested in stock and crypto so i say yes .
– they try to force me to put some cash in the xtrade and they say we will give u bonus if u do it while we are on phone ,, thats weird ! so i told him i will not do it now , i will do it when i want but not now .
so he say wait i will let the boss talk to u 🙂
she is a women and she say lets do it while on phone ( Again ) so i say not now 🙂
then she say ok i say ok .. bye bye !
((((( then they spam call every day 4 times ! )))))
i told the man stop calling me every time please .. then he act so rude ! and say some bad things and he close the phone !
just void this company ( they are 100% SCAM )
As of now I can say that my experience with the broker is positive. On one hand, there’s nothing special here that I could praise. I think today it’s hard to surprise traders. I mean those who have sufficient trading experience. So, I mean that competition is getting fiercer in the brokerage industry today and it makes brokers offer nearly the same services and the same choice of financial instruments. Here I found nearly the same what I saw with other brokers.
I decided to stay here because it proved its reliability during the test period and that’s all.
I can add that I first tried ETFs here. They are a bit easier to trade than stocks but it’s not a panacea – you still need to analyze the market correctly
True, not every broker gives you the opportunity to trade ETFs. Props to XTrade for that. As for stocks trading comparison, it’s different in terms of safety, if you can put it that way. Because ETF has multiple underlying assets, it hedges itself in some sense unlike stocks.
MAY I HV YR HELP i HAVE A XTRADE A/C. I WANT TO CLOSE THE ACCOUNT HOW DO I DO IT.
for closing your account you better to contact with support team for more useful and fast cooperation. a friend of mine try it once, so it will help you. broker’s support team and company itself as well works nice.
Total cowboys..they steel your money and threaten you.. shower of con artist..keep ringing you on different numbers….stay away
There are the worst. Total scammers and will rip you off. They ripped me off thousands of dollars.Do not use or trust them. Try IG TRADING OR PLUS500 they are legitimate trading platforms
I working with Xtrade because it is 19 years of experience. A lot of curency and cfd instruments. I’m wanting to trade stock somedays like real investor. I think every one can trade or investing, not be afraid to try.
Maybe I was lucky, but so far the broker only makes me happy. Recently I was not able to sit in front of the monitor, I used their web-application. Monitored all my trades right from my smartphone! I saw that they have bonuses. Haven’t looked at it yet. Did anyone get bonuses, guys? What’s your advice regarding the bonuses?
I trade currencies with this broker. I like usual deposit/withdrawal methods. I use bank and electronic payments. All these deposit methods are available with this broker. Initial deposit here can be up to $250 and I’m okay with it.
Trading conditions (spreads, swaps and everything else) are normal and typical for forex brokers. According to my experience there were no unexpected slippages or any strange price movements. Of course, you should understand that news events can impact quotes greatly and it’s OK. I don’t enter the market when news are comming!
It is significant for me that my broker provides accurate market analysis. This broker provides information on major economic events and economic news. I ensured xtrade team evaluate market situation professionaly and give high-quality analytics. In my opinion such information is part of broker’s reputation so I am sure about its quality. I use this knowledge in my trading.
It is pleasure to work with a broker that suits you. I wish you find such a broker, too!
The main advantages of the broker: experienced, no commission, award-winning proprietary trading platform.
Company offers web-based platform for online trading. Broker doesn’t have any applications that need to be installed on your computer. Instead, they only have web-based platform. I didn’t find out how to use it right away because I used MT4 to trade before. I spent some time learning platform, and now I don’t have any problem using it.
The Mobile version of the platform for my smartphone today is suitable also.
Are there any differences between Xtrade demo and real accounts, in terms of trading conditions?
In my opinion, this broker provides high-quality service. I will tell you a bit about one function of platform. I think not many people use it, but it is crucial.
Trading platform used for trading can work in demo account mode. Demo account does not need activation. It functions immediately after registration of trading accounts and deposits. To switch to demo mode, you need to press special button on platform.
Demo account is deposited automatically within 7 days after registration of main account.
Trading in demo mode does not differ from real mode. All charts and instruments function the same way as in real mode. Hope it will be helpful for someone.