We are Expert, xtrade.

Xtrade


If you watch the tendencies that lead to the bond’s value change on the stock exchange close enough, you may earn off of it!

No deposit forex bonuses


We are Expert, xtrade.


We are Expert, xtrade.


We are Expert, xtrade.

We have several thousand managers around the globe that can help you plan your investment and help with hardest calculations


Xtrade



  • We are Expert, xtrade.


We are Expert, xtrade.


We are Expert, xtrade.


We are Expert, xtrade.


We help you to create the best investment plan , resource & execution


Your trading options are


Our innovative platform has the most assests you can think of


Forex


Start trading and gaining off any volatility happening during the foreign exchange operations!


Metals


Precious metals have always been in trading category of its own, due to how big the gain from its volatility can be!


Indices


Tracking the index of any company listed and traded on the stock exchange can be very beneficial for you!


Oil/gas


Before the sun sets on the fossil fuels market, let’s trade those and earn some good money while doing that!


Commodities


If you’re interested in following changes of the commodities’ pricings, then this bull market may be your cup of tea!


Stocks


If you watch the tendencies that lead to the bond’s value change on the stock exchange close enough, you may earn off of it!


Key to success


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Proper planing


Checkout and enjoy the biggest explain to you how is mistaken


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Easy banking


Checkout and enjoy the biggest explain to you how is mistaken


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Consulting


Checkout and enjoy the biggest explain to you how is mistaken


About trading


Forex and trading is a very in depth process that requires constant complex analysis, our vision is to simplify this process for all the people around the globe and help everyone put their money into the right place, wether it be salary or pension we will help you find the right place!


Market research


All our clients receive trading signals and latest news on daily basis, your market knowledge will always be up-to-date


Investment planning


We have several thousand managers around the globe that can help you plan your investment and help with hardest calculations


Account growth


Checkout and enjoy the biggest choice of traders that can grow your account daily


Analysis


Using our latest technological trading platform, fundamental analysis has never been easier.



Xtrade review


Is xtrade a good broker? We believe they are just another broker. Although they have been growing in recent years due to the number of underlying assets which one can negotiate with, and the heavy investment they are doing through sponsorships such as those from cristiano ronaldo. Nonetheless, once can find CFD brokers like plus500 that are far more famous and do not charge commissions . They offer a wide range of negotiable assets, including forex, shares from companies listed on stock exchanges around the world, indexes and, of course, raw materials (gold, wheat, silver, oil …). However, if you want to do so at a later time, throughout this review we will analyze the requirements that every CFD broker must have by comparing xtrade with its competitors. In addition, we will analyze the varied opinions from customers (80.5% of retail investor accounts lose money when trading cfds with this provider. You should consider whether you can afford to take the high risk of losing your money).


We believe it is a broker that leaves something to be desired, since their services and customer service are average. Even though the company offers many options, before hiring their services, we have to ensure it is a good broker. To do so, we have to conduct an in depth analysis to study its pros and cons. That is why we will conduct a review to study their commissions, reviews from actual traders, whether it is regulated or not, whether it offers a demo account, and other important information before registering.


Regulation: is xtrade a scam?


The first step in a review is to always analyze the regulation of the broker regulation. Why? It tells us whether it is a secure and reliable broker. Even though being regulated is not a 100% security certificate, it is a clear sign that they take things seriously and that they are not a scam.


is xtrade safe?


Xtrade is a cyprus based broker, and is therefore authorized and regulated by the cypriot entity, cysec. Cyprus is one of many countries in the european union and euro zone such as spain, so they comply with all treaties, regulations and communities. In addition, its italian branch is registered in the italian entity, CONSOB, which would be somewhat similar to the UK´s FCA. In addition, since xtrade is a european broker, it complies with the mifid community regulations. Having cristiano ronaldo sponsor xtrade is seen as something very positive in the trading world and for many people, it offers them a great sense of security, but it does not provide us any information as far as reliability. The important thing is the information we encounter in terms of regulation, and based on that we have to determine if it is reliable or not.


In summary, after studying everything regarding supervision, we believe xtrade is a reliable broker. Nevertheless, we don´t like nothing that´s not registered with the FCA of the UK, which generates some distrust. Taking into account that there are other CFD brokers like plus500uk ltd that are registered woth the FCA , we believe it would be interesting to focus our attention on them (80.5% of retail CFD accounts lose money).


Does xtrade pay?


One of the concerns that traders have before investing through a CFD broker is to know whether they will have a problem when withdrawing their money. In this regard, we have to say that after reading comments in forums, xtrade generally speaking, does pay on time even though one may encounter comments about people stating that they had problems withdrawing their money.


Demo account


If you are still new to trading and don´t want to start directly with real money or you want to test using the simulator to see how cfds work. In doing so, you will be able to see how the markets reacts, be it forex with the movement in currencies, or the stock exchange with the quotation of companies, as news emerge affecting the company.


Demos are very useful tools for beginners because they offer you the option of carrying out as many operations as you want and verify in first person the functioning of the financial markets around the world, as well as to negotiate with all available assets, be it stocks, currencies, raw materials or stock indexes. Thanks to this, if you are a beginner, or if you already trade with cfds, but want to try new strategies, you can use the demo to avoid taking risks.


If you want to use different trading strategies with cfds without risking your capital, you can do invest through the demo account. The truth is that xtrade´s demo lacks many important options and has significant limitations. If you want to try plus500´s demo click on the link below, and then click on “free demo account” (80.5% of retail CFD accounts lose money).


Commissions


If regulation is most important, the second most important thing are commissions and fees. In trading with cfds, the best brokers do not charge any commission for each operation, but instead use spreads. The operation of these spreads is as follows: each time we buy or sell a CFD on a certain underlying (for example, oil, or shares of telefónica or facebook) the price of opening and closing a position is different. This differential is called the spread, and it is the existing cost to be negotiated. Therefore, we have to look for a broker whose spreads are as low as possible.


For xtrade´s basic account, which requires a minimum initial deposit of only 100 euros / dollars, the spread is fixed and ranges from 4 to 6 pips. If you prefer to register with the premium account, which is of a higher level, the conditions are better, since pips range from 2 to 5.


As mentioned earlier, there are many assets available to invest, so one cannot see each and every one of the spreads, because it would be a very boring review. By simply knowing that the euro / dollar currency pair is the most important, and as we see with plus500, the minimum spread is variable. If you want to learn more about the spreads offered by plus500, click here (80.5% of retail CFD accounts lose money).


Terms


As we have already seen, there are no commissions, but you have to know that if you do not trade for three full months, they can charge you a $ 5 inactivity fee. The normal thing is to not be charged because practically nobody opens a real account to leave it abandoned. Therefore, although there are some associated costs, we can say that hiring the services from xtrade is free.


crypto trading


On the other hand, one of the most interesting aspects of trading with cfds is its leverage. Xtrade stands out from the rest of the brokers, since it offers a maximum leverage of 1:30. If compared with others brokers like plus500, and even with one of the famous brokers like markets.Com, we will discover that xtrade allows a similar leverage. So, you have the option to invest with a quantity of money of the same level as with the competing brokers of xtrade. Of course, you have to know that by operating with leverage you can lose more money than what you have entered.


Another very important issue is the platform, since that´s where you will spend most time and the tool you will use to invest. Xtrade developed their own platform, so it is proprietary technology. Obviously, it offers high-level tools and all the signals you need to invest successfully. However, the signals do not make trading any easy and making money is not a sure thing. You are the one who has to operate and create your own strategy by always taking into account the risks of operating in the financial markets.


Reviews


All factors and conditions we have seen so far are very great but, what do customers who already invest with xtrade think? Comments in forums and opinions from traders are mixed, some point out great things while others recommend certain improvements.


xtrade app review


One of the aspects that has had great opinions is the platform itself, which is very easy to use and does not require any type of download. Xtrade has many great reviews due to their free courses. The official website, which is fully available in english and other languages has also received positive comments.


Unfavorable comments are associated with the lack of using paypal to make deposits, although they have plenty of other alternatives, such as neteller, paysafe card, or traditional methods such bank transfer or credit and debit card. There is also one comment pointing out that they miss not being able to operate with the metatrader platform. Finally, one can also find opinions of distrust for not being registered under the FCA.


Rating and additional information


To end this review we want to create a list showing the positive aspects of xtrade, and factors we believe should improve, but let’s be honest, no broker is perfect.



  • Demo available for beginners

  • Platform compatible with mobile phones (android and ios), tablets and computers




  • No metatrader 4

  • Does not allow to withdraw or deposit money with paypal

  • Not registered with the FCA

  • Spreads are higher than its competitors

  • Can be greatly improvable in cfds over cryptocurrencies, ripple, bitcoin, bitcoin gold, bitcoin cash or litecoin



Having rated the different conditions offered by this broker, our assessment is that it is a mid-level company. Our opinion about xtrade is relatively good, but we miss not seeing it registered in UK´s FCA and we don´t like their high spreads.


We believe plus500 is an option which should be consider for trading with cfds. Click here if you want to learn more about plus500 and trade without having to pay commissions (80.5% of retail CFD accounts lose money).



Xtrade review - is it scam or safe?



Trading accounts


Account type minimum deposit minimum trade size maximum leverage spreads trading platform
standard $100 0.01 1:400 fixed, 2 pips on EUR/USD xtrader pro


Xtrade offers its clients a single universal account type with fixed spreads and leverage of up to 1:400 on its proprietary web-based platform xtrader pro.



At present, the broker does not offer the most popular metatrader 4 (MT4) platform. Account management services are not available either.



Meanwhile, xtrade offers exceptional training options via its education center and xtrade academy, where you may find tutorial videos, e-books and other resources suitable for both beginner and professional traders.



The company



Xtrade offers trading in forex, commodities, indices, shares and cfds on its in-house platform. The brokerage’s head office is located in cyprus.



Xtrade is a brand operated by xtrade.Europe ltd., which is authorised and regulated by the by the cyprus securities and exchange commission (cysec).



Xtrade group complies with international regulatory standards and also operates via units regulated in australia (by ASIC), belize (by IFSC) and south africa (by FSB). What is more, in july the broker joined russia’s self-regulatory organization NAFD (former CRFIN) and said it will apply for a russian license.



In addition, xtrade is one of the forex brokers that advertise through sport, namely has a contract with the famous footballer cristiano ronaldo.



Security of funds



Cysec applies certain rules and requirements to cyprus investment firms. For instance, they must maintain net tangible assets amounting to at least €730,000 in order to prove their good financial standing. Furthermore, the cypriot watchdog requires forex brokers to keep customer funds in segregated accounts, separated from the company’s operating funds.



As a further guarantee to clients’ funds, all cysec-regulated companies are members of the investor compensation fund, which is able to pay compensation up to 20,000 EUR, if the company becomes insolvent or discontinues operations.



Additionally, every cysec-regulated investment company is also mifid compliant and therefore entitled to offer cross-border services within the EU under the mifid regulations. Despite this, it is registered with the italian financial regulator, CONSOB.



Earlier this year xtrade got in the trouble with the ASIC over suspicions of improper handling of client money. What is more, earlier in october angry xtrade customers commenced media campaign and strike in limassol (cyprus), alleging manipulation and theft of funds (according to online media financefeeds). A number of forex forums are also flooded with complains about this broker and allegations that it is a scam. In light of the above said, there may be concerns about xtrade’s reliability.



Trading conditions



Minimum initial deposit
in order to open an account with xtrade, traders have to invest a minimum of $100. Such minimum initial amount is average, yet some renown cyprus-based brokers require less. For instance, XM demands just $5 from its clients as a start.



Spreads & commissions
as most fixed-spread brokers, xtrade provides commission-free trading. The spread for the EUR/USD pair amounts to 2 pips, which is average for the forex market.



For purposes of comparison, another EU broker (holding a FCA license), HYCM, provides fixed spreads of 1.5 pips on EUR/USD and also charges no commission. For more information, you may look up real-time spreads of 15 leading brokers here.



Leverage
the maximum leverage level offered by xtrade is 1:400, which is common for the FX market, yet it is considered a high ratio, because the higher the leverage, the greater the risk.



Nonetheless, many cyprus-based brokers offer even higher leverage rates - for example, XM provides leverage up to 1:888. And HYCM – up to 1:500. You may check out a list of brokers, providing leverage equal to or exceeding 1:500 here.



Trading platform



If you are looking for the standard forex market trading platform metatrader4 (MT4), you will not find it with this broker. Xtrade offers its clients solely its proprietary platform xtrader pro, which is entirely web-based. Mobile versions are also available.
Xtrader pro has a simple user-friendly interface and is equipped with the common trading tools and features, such as charts, technical analysis indicators, etc.


Xtrade's in-house web platform xtrader pro. Click to enlarge.


When placing orders, users are able to set a few other variables to capture profits and limit losses. They include the “close at profit”, “close at loss” and “buy when rate is” features.



Promotions
this broker offers a lot of bonuses and other attractive promotions. At the time of writing of this review, xtrade supports a welcome package of 4 types of bonuses for newcomers:



• first deposit bonus from 20% to over 60% (up to $6000), which expires after 30 days and can be withdrawn after certain volumes are traded;



• $20 cash bonus, which can be acquired following phone verification.To redeem it, you are required to reach 300 xpoints within 30 days;



• first trade on us (up to $120 cash bonus);



• $30 cash bonus, account verification account verification. To redeem it, you are required to reach 300 xpoints within 30 days.



Methods of payment



As opposed to the narrow range options it offers in terms of trading accounts and platforms, xtrade supports a number of payment methods: credit/debit cards, bank wire transfer, paypal, alipay, abaqoos, dineromail, boleto, cashu ekonto, epay bg, EPS, euteller, giropay, halcash, ideal, lobanet, mister cash, moneta RU, multibanco, neosurf, neteller, poli, QIWI, przelewy24, skrill, sofort, sporopay, teleingreso, ticketsurf, todito cash, webmoney and yandexmoney.



Xtrade does not charge any fees for deposits and according to the information on its website, withdrawal requests take up to five business days to process. Delays beyond the company’s control might occur due to third party withdrawal payment methods.



Conclusion



Xtrade is a well-regulated FX and CFD broker that offers trading in a variety of instruments on its in-house web platform. However, xtrade services are quite limited in terms of trading accounts and platforms and some concerns are raised with regards to this broker being a scam. To sum up the above, here are the advantages and drawbacks with regards to this broker:



Xtrade forex broker broker review


Reviewer : justin freeman


Broker information



  • Company name: xtrade

  • Founded: 2010

  • Country: cyprus


Platform info


Broker services



  • Regulators: wire transfer, credit/debit card, moneybookers

  • Minimum deposit: $100

  • US clients: no



Avatrade was established in 2006 and is located in dublin, ireland. Offering trading services in over 150 countries with offices located worldwide. Avatrade is a forex broker that is committed to providing a safe trading environment and is fully regulated and licensed in the EU and BVI, with additional regulation in australia, south africa and japan.


If you are still trading forex the “old fashioned way” with MT4 and a like-minded broker, then you may have missed out on the many innovations that have hit the market in recent years. Next to binary options, the next fastest growing way to trade has been to go the contracts for differences (cfds) route with a firm like xtrade, which has been in the business since 2010. A spin off from “spread betting”, this straightforward trading regimen involves buying a contract with your broker that will pay off if the market moves in your favor. Your reward is based on the difference between your opening and closing position, the units purchased, and leverage chosen. This genre offers more flexibility, and, for this reason, the forex brokers in this arena have chosen to add stocks, commodities, and indices to the mix to broaden your possibilities and trading enjoyment.


What kind of asset choices, you might ask? With xtrade, you can choose between 52 currency pairs, the lion’s share of them, 21 in number, being exotic pairings that you may not find with your traditional broker. Xtrade even offers a bitcoin pairing for those in the know. Outside of forex, there are nearly one hundred additional asset choices, each with its own bid/ask spread dynamics and minimum margin requirement. Xtrade also provides several illustrative examples to help you understand how to open a position, close it, and deal with risk management issues. There are no commissions involved. The firm makes its revenue via the bid/ask spread and overnight premiums, if applicable. Registration is simple. There is one standard account that comes with a free demo account for practice. The demo account is subject to first deposit. Welcome bonuses range from 20% up to 60% and can be more, if you deposit more than $10,000. Terms and conditions for bonuses: the bonus amount is added to your account when you have traded the amount of xpoints to make you legible for the bonus. Every asset will reward different amounts of xpoints. One deposit bonus per household. The bonus will expire within 30 days of initial deposit if the trader does not reach the required xpoints within the time frame.


Since cfds are such a different trading instrument, xtrade developed its own version of webtrader to support their online transactions. No downloads are required, and they also support a number of mobile apps for traders on the go. The firm is headquartered in cyprus and derives its licensing and authority to operate from cysec. With xtrade, your deposits are segregated from operating capital and protected further, up to 20,000 euros, by the investor compensation fund in cyprus. Xtrade is operated by xtrade europe ltd, which is regulated and licensed by cysec under the license number 108/10. Unfortunately, U.S. Clients are not accepted at this time.


Features


Why trade with xtrade.Com? The firm lists these reasons:



  • Founded in 2010 by industry professionals with diverse experiences in the brokerage industry;

  • Regulated by cysec;

  • Client deposits are segregated for safety purposes and protected further up to 20,000 euros by the investor compensation fund in cyprus;

  • Standard account and a free demo account upon registration – customization may apply if more than $10,000 is deposited, demo account is subject to first deposit;

  • More than 150 CFD asset choices, including currency pairs (51 plus bitcoin), stocks (74); indices (12); and commodities (13);

  • Trading platform is proprietary, online only, and requires no downloads;

  • Mobile apps are also available;

  • No commissions charged – xtrade is compensated for its services through the bid/ask spread;

  • Trading support includes professional charts, technical analysis tools, alerts, and training provided by customer service reps;

  • Customer service reps are bilingual and accessible “24/5” via live chat, email, or direct phone.



Spreads and leverage


Spreads and leverage are published on the website for every asset choice. Each asset has its own individual criteria. Xtrade is compensated via the bid/ask spreads, which do vary by asset, and margin requirements are also stated separately. Margin calls can be a possibility with cfds, if the market moves abruptly against you. Risk warning: trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite.


Platform


Processing cfds requires an entirely different back office and software protocols. To accommodate its needs in the most effective manner, the management team at xtrade chose to develop its own proprietary trading platform. It has the look and feel of other online systems, is user-friendly, and allows one-touch access to open positions, asset choices, history, and trading tools. No complex downloads are necessary, and mobile applications complete the platform possibilities. For security and safety purposes, all personal information and trading session data are encrypted using the latest in 256-bit SSL technology. Hackers will not ruin your day with this broker.


Deposits and withdrawals


Xtrade offers nearly 40 different ways to deposit funds, $100 being the minimum amount required. In addition to credit and debit cards and banking wire transfers, they support a host of ewallet and domestic payment provider alternatives. Withdrawals must follow the same deposit route, per law, and withdrawals will be a snap, as long as AML documentation is in order, once again as per international law.


Beginner’s and customer support


Customer service representatives are available “24/5” and can be accessed via live chat, direct phone, or email. The reps speak six languages, and the website supports 16 languages. Account managers can address your queries directly or guide you through set up, system familiarization, and training education, if necessary. The website is full of helpful examples that explain how spreads, leverage, and risk management tools apply.


Conclusion


Trading cfds is one of the newer trading methods to hit the forex market in recent years, and with any innovation, it helps to be with a pioneer in the genre that has years of experience at its craft. Xtrade has been at it since 2010, with an experienced management team from the brokerage industry. They have cysec as regulator for EU. If you want to try out cfds, then xtrade is worthy of your consideration.


Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions.


About the author : justin freeman


Justin has twenty-two years' of experience working in the financial markets with brokers. He's held trading and risk management positions at boutique asset managers and large investment banks. Justin helps people understand their trading options in a clear, jargon-free manner.



XTRADE review


In this review, we will describe why XTRADE is a scam that you should avoid at all cost !


We are Expert, xtrade.
Scammed by XTRADE ? Start the process to get your funds back TODAY !


Is XTRADE legit?


XTRADE is an unregulated broker. Problem with unregulated brokers is that they are not reliable and abuse the regulations. Make sure to stay away from this broker as they are anonymous and that they can disappear any time without notice.


To make sure you are dealing with a regulated and known broker, you should be able to find easily who is the CEO of this brokerage firm, who is running it etc. Lack of information is a big red flag since you don’t know who will be dealing with YOUR MONEY. This is the reason why XTRADE is a dangerous broker to deal with.


We are Expert, xtrade.


Are funds safe with XTRADE ?


With such lack of information and XTRADE being unregulated, funds are not safe. Security of funds is a huge problem with unregulated brokers. A red flag that we noticed is XTRADE is withholding vital information to users.


XTRADE could go bankrupt from one day to another since there are no banking information about this broker.


We are Expert, xtrade.
High success rate – transparency & integrity –


Fill out the form below and get a FREE consultation today. (if you lost more than $5,000, please use the chat).


XTRADE review: our conclusion!


XTRADE is an unregulated broker to avoid at all cost. If you have been scammed, check out our chargeback process here or get a free consultation by a team of expert by clicking here.


XTRADE scam review

Have you been scammed by XTRADE ?


XTRADE is an unregulated broker to avoid at all cost. If you have been scammed, check out our chargeback process here or get a free consultation by a team of expert by clicking here.


14 thoughts on “XTRADE review”


I am just sick of hearing from bitcoin. They c n stop calling me after all they got my money now and i wish them all the best scamming people of there hard earning money. Whatever you do dont trust bitcoin. You dont know if you will ever see your money again. People will do snything and everything today to get money out of you not thinking this persons worked hard for her /jis money and here i come and take there food from there table. I am so angry but i will never trust bitcoin ever again. Cfreserve scamming people and then they have the nerve of calling you again. People watch out for the scmmers.


My broker whatsup me on friday 06/12/2019 and the message read ” denmark 20 sell TP1103.23. SL 1130.00. I already had a trust issue with him because he gave me a wrong indication to trade costing me $2000. He said that I must trust him and daily ask me to put more money. Well long story short I sell and waited to see what happened with the market. When I see it went against me I tried to get hold of him with NO success. Well it went all the way bullish till 1127.16 and stopped me out while I still had $591.96 in my account. He said to me because some spread I never heard off bullshit and made if it is my problem. Why was I stopped out when I still had money in my account? Or why did it stop me out when it didn’t reach my SL of 1130.00. I am going to consult with my lawyers as I take that as theft.



XTRADE review (2020): scam update


Is xtrade a scam? A real xtrade review


Is xtrade legit? Are they regulated? This xtrade review will answer these questions and more while clarifying if xtrade is a forex scam.


Is xtrade a regulated forex broker?


Xtrade is regulated by the cyprus securities and exchange commission. They are also registered as a cyprus investment firm and are therefor covered under the investor compensation fund (I.C.F). This means that if the forex company goes bankrupt, clients are guaranteed their invested funds up until €20,000.


Xtrade is regulated by the cyprus securities and exchange commission (cysec) under the name xtrade europe ltd. This means that they are authorized to provide services throughout the EU.


However xtrade.Com is not covered under this regulation. The only approved xtrade owned domains that are regulated by cysec are offerfx.Com and offersfx.Eu. This means that if you’re trading on an xtrade website, they are not regulated.


Xtrade europe has previously used the names XFR financial ltd. And O.C.M. Online capital markets ltd.


It’s important to note that despite any claims otherwise, xtrade is not and never was regulated by the FCA . Xtrade australia has been flagged by the australian securities and investments commission (ASIC) as well as the british columbia securities commission (BCSC).


Is xtrade regulated in australia?


Xtrade is regulated in australia by the australian securities and investments commission. This means that australians citizens are offered a certain level of protection when trading with them.


If you’ve been scammed by xtrade, you can get your money back. Contact us here.


If you’re a client of xtrade and you are certain that you have been treated in a way that is highly questionable, you are likely being scammed.


Be wary of recovery scams targeting xtrade clients. There are methods of getting money back from xtrade. We can advise you on what’s possible and what’s just another scam. Contact us.


XTRADE Homepage


Is xtrade legit?


Xtrade is known to deny their clients withdrawals. For this reason alone xtrade is a scam.


There are additional red flags that indicate that xtrade should not be trusted which we’ll cover below.


What is xtrade?


Xtrade is an offshore forex broker that offers forex and CFD trading services. They were established in 2003 and are registered in belize at no.5 cork street, belize city, belize. C.A. Where they also claim to be located. They have additional offices in cyprus, israel and australia.


If one chose to visit them to try and get their money back, it’s likely that a trip to their registered location would be in vein, as most belize based forex brokers are actually scams and don’t have a physical operation anywhere in the country.


You might be more likely to find their offices here.


If they are located in belize should I trust them?


It would make sense to conclude that the reason that xtrade is located in belize is because they are a scam. Many forex scams choose belize as their location to register. We’ve covered this topic in other articles but to put it simply, belize is a haven for individuals who look to open up companies without having to identify who they are or be held accountable for their business practices.


The fact that they are registered and claim to be located in a country that is fraught with corruption and well known for being a money laundering hotbed, is enough to label them a scam. But why stop there when there’s more?


Before we do so, and for the sake of covering all things xtrade, let’s have a quick look at their platform and offerings.


Scam platform


What services do they offer?


In terms of services, xtrade offers 1:400 leverage on over 150 CFD’s, 51 currency pairs in addition to bitcoin, 74 stocks, 12 indices to choose from and 13 commodities. They have the lowest minimum deposit in town at $100 USD (or $1 USD according to some clients) and they do not charge commissions or hidden fees.


Services Offered


The trading platform – xtrade website and app review


The xtrade website is designed with state of the art graphics and is optimized to suit their global client base and convince even the most suspecting individual of their legitimacy. They use their own proprietary trading platform which is available as a web application and a mobile app for both android and apple devices.


Webtrader platform
Xtrade mobile app


Account management and types


The xtrade website doesn’t officially state that they offered managed accounts, however many reports have told us that there is account management taking place.


As far as actual types of accounts, unlike most of their competitors, xtrade does not offer different account options. This is unusual to find with a scam broker. The sales processes used in the forex fraud industry is heavily bolstered by a method of funneling individuals through different accounts. You can read more about how that works here.


Is xtrade a market maker?


Yes, xtrade is a market maker and all executions take place in house. This means that clients are betting against the house. What’s even more concerning is their usage of a proprietary platform. Combine this with their lack of regulation makes for a “do whatever you want” environment.


Payment options


Xtrade is exceptional when it comes to funding your account. They offer a wide variety of payment options on their website, these include visa/mastercard, and over 60 other methods of payment. They make it very easy to find what methods of deposit are available with their country drop down menu. Many of the options of deposit are geared towards their south american clientele.


Payment Options


Withdrawal policies


When it comes to withdrawals, this company has a bit of a lengthy process. According to their policies, three conditions are required to process a withdrawal.


XTrade withdrawal policy



  • A government issued ID or passport

  • Proof of address

  • Assessment of appropriateness



In addition to the above, the website states that withdrawal requests can take up to five business days, or in extreme cases, up to 3 weeks! That kind of policy could be considered a scam even if xtrade wasn’t a proven scam broker. This is also something you won’t find on your average xtrade review.


Most financial service providers allow you to simply press a button. Xtrade provides that button as well, however be prepared for a lengthy withdrawal process that eventually leads to not receiving any funds and the clear conclusion that xtrade is a scam.



The rule of thumb with forex scam companies is; withdrawals are granted as a tool that the broker uses only in order to earn the clients trust so that they will deposit more money. This is certainly the case with xtrade. If one does manage to make a withdrawal, they can get ready for the broker to ask for a lot more money on the next call.


Xtrade online reviews – what the customers are saying.


Online reviews are not always what they seem to be, especially in the forex industry. However there is often enough material available to sort the wheat from the chaff. In this case, it’s not too difficult.


One thing we know regarding sites like trustpilot. A company has the right to dispute a negative review. If the reviewer can’t provide proof of their experience, then the negative review is removed. Here’s an example of an online review from january of 2018 that has not been removed, it relates to the withdrawal policies that we mentioned above.


XTRADE Trustpilot withdrawal


Unfortunately, we have to assume that anne never got her money back.


It even seems like google agrees that xtrade is a scam.


Google snippet


Forex peace army (FPA) review of xtrade


These website used to be a very reputable one but has recently experienced on onslaught of fake reviews. We’ve still seen efforts by FPA to maintain integrity. Recent choices of sponsored ads on their site have lead us to second guess what’s really going on. The overall rating of a company is something that can be used as a general reference to a company’s standing.


Here’s how they grade the subject of our review.


FPA Review of Xtrade.com


How about their customer service?


Thinking that customer service actually exists at a company like this one is a mistake in it of itself. The fact that an online review website awarded them the 2017 best forex customer service award just tells us a little bit about the standards of that website.


Customer service is something earned and in the case of xtrade here’s how the clients feel.


Review from Martin, XTrade customer


It would seem that martin from the UK who lost his money to this company puts it into the most eloquent way possible as he says in his review, “DO NOT trust these liars with a single penny.


Proof of the scam


In essence, xtrade has not done anything that we haven’t seen over and over again in terms of being a scam broker. Their history with regulators is only one of the many damning factors. This is a company that while it still did have regulation was directly partnered with xforex, another infamous unregulated forex scam. However in addition to all of the above factors, the very complaints that clients have made to us regarding xtrade and the consistent nature of these reports is enough to know that this company is up to no good.


Conclusion


While xtrade made efforts early on to attain regulation and paint itself as a worthy broker. The reports are out and it’s clear from their lack of regulation and insistence on not returning their clients funds that xtrade is a scam.


If you’ve been burnt by xtrade and you want to get your money back, report your case to us here. We’ll tell you how you can get your money back.


We’ll also contact you if a criminal investigation takes place and if a class action lawsuit is pursued.


Getting your money back.


There are two possible ways to get your money back from a company like xtrade and they don’t apply to all situations. We can tell you where you stand in terms of possible recovery of your funds and what to lookout for.



Xtrade europe ltd


Operational since:


Country where domiciled:


International offices:


Regulation:


YES - cysec


Broker status:


Independent broker -


Broker type:


Market maker


US clients accepted:


Average monthly volume in USD:


Source to prove volume:


Trading cfds involves risk of loss


Review


Xtrade: leader of the pack


Xtrade is a large and recognizable name in the finance industry. This well-rounded and able broker provides an authentic service. Xtrade was established in the year 2010 and currently holds their headquarters in limassol, cyprus. It currently is licensed by the cyprus securities and exchanges commission (cysec).


Unique platform and trading accounts


Xtrade operates its own exclusive and proprietary platforms to assist their clients in their transaction needs. The web trader is a no download platform available for netscape, opera, internet explorer and chrome. The xtrade app has a professional trading functionality with a simplistic user friendly outface. The system requires ios 6.0 or later. Compatible with iphone, ipad, and ipod touch. Both platforms guarantee a user-friendly experience for traders.


Xtrade offers two types of accounts. One is a standard account that has a minimum deposit of 100 dollars. This has no commissions for deposits and the leverage is usually up to 1:400* (remember that leverage can work both for you as well as against you and should be cautious when using it). There is also a premium account that was designed for expert traders. The minimum deposit for this one is 1000 dollars. This is uniquely customizable, there’s also a demo account** (demo account is subject to minimum deposit) that can be used should users want to familiarize themselves first.


Xtrade’s exclusive features


Users have more than 300 asset choices, which include 51 currency pairs, 12 indices, 74 stocks and 13 commodities. Traders are guaranteed quick and efficient deposits and withdrawals. Users can choose to use wire transfer, payment alternatives, e-wallets, debit cards and credit cards. Second, the spreads and leverages available are rather attractive. Average leverage is 400:1* for currency pairs, 20:1* for stocks and 200:1* for commodities (remember that leverage can work both for you as well as against you and should be cautious when using it).


Xtrade’s educational center


Xtrade offers a complete training centre, where new and current clients access educational tools to learn about the financial markets. The program aims to teach fundamentals and concepts of online trading through live webinars, how to videos, trading assessment testing and other resources.


Bonuses and promotions


Xtrade provides many competitive bonuses*** for clients. The most enticing and chief amongst them is xtrade‘s unique welcome package***, where new clients depending on the deposit receive a first deposit bonus*** of up to $6000. Additionally, there is a phone verification bonus, meaning that if you verify your phone you will receive a free $20 CASH bonus***. Another bonus is called “first trade on us”***, under which xtrade will refund your loss of up to $120***, while through the account verification bonus***, verifying your account will get you a free $30 CASH bonus***. (all bonuses are subject to terms and conditions https://static.Xtrade.Com/documents/bonuses-and-promotions.Pdf)


Conclusion:


With all of the advantages and benefits that xtrade provide, it’s in competition as one of the best brokers in the planet. For beginner’s, it is adamant that they explore what xtrade can do for their careers in the finance industry.


Conclusion:


* remember that leverage can work both for you as well as against you and should be cautious when using it.


** demo account is subject to minimum deposit.



Opinión sobre xtrade


IMPORTANTE: xtrade está reestructurando sus servicios y no acepta nuevos clientes. Haz clic aquí para ver una lista con los mejores brókers online.


En este informe vamos a responder a las preguntas más comunes sobre el bróker cfds xtrade. ¿es una estafa? ¿qué regulaciones siguen? ¿en qué puedo invertir con ellos? ¿qué métodos de pagos aceptan? Estafa.Info responde a todas estas preguntas para que cualquier usuario sin conocimientos demasiado técnicos pueda evaluar la seguridad de operar con esta plataforma financiera. Por el momento, podemos asegurarte que este bróker no es una estafa, ya que está registrado en la ciprus securities and exchange commission también conocida como cysec. Pero si quieres saber en qué otras autoridades financieras está registrada, o qué medidas de seguridad sigue, te invitamos a leer esta reseña completa.


�� xtrade xtrade
⭐ evaluación 4.5 / 5.0
�� software web, apps
�� opciones cfds
�� subyacente más 500, acciones, índices, fórex y commodities
⚖️ regulación cysec
�� xtradeotros brókers

También te informaremos sobre la atención al cliente, las app móvil y todo el resto de aspectos que necesitas saber sobre un bróker financiero antes de abrir una cuenta. Y si cuando acabes de leer nuestro análisis completo todavía no te convence esta opción, puedes ver los mejores brókers cfds en este link.


Nuestra experiencia con xtrade


Nuestra opinión general es que estamos ante un bróker de fiar, con una completa oferta de cfds en los que invertir, que incluye una gran selección de índices y materias primas. Ofrece un buen servicio de atención al cliente disponible en español y una sección de formación en la que se pueden aprender los principios básicos de la inversión.


Empresa XFR financial ltd
dirección 140, vasileos konstantinou, tofias building 2, CY-3080 limassol
número de registro 248449
número de licencia 108/10
teléfono 34 937379413
email support@xtrade.Com
live chat sí
devuelven la llamada no

En la siguiente sección, te ofrecemos las principales razones por las que en nuestra opinión se trata de una empresa segura, sin sospechas de fraude o timos. No dejes tampoco de consultar la sección de regulaciones pues el complemento perfecto para asegurarte de qué legislación te ampara en el caso de que tuvieses algún problema con ellos.


Xtrade: ¿timo o de fiar?


Ya en la introducción del artículo afirmábamos que no estamos ante una estafa. Decíamos que el bróker estaba registrado en la cysec con el número 248449 y el número de licencia 108/10 y esto nos garantiza que debe seguir las regulaciones de la unión europea. El nombre oficial de la empresa XFR financial ltd y tiene sede en chipre, en la dirección 140, vasileos konstantinou, tofias building 2, CY-3080 limassol. Se trata de una empresa con clientes de más de 140 países, que utiliza un sistema de cuentas segregadas para guardar el dinero de los usuarios. En concreto trabajan con barclays bank PLC quién garantiza los fondos de los particulares de acuerdo a las normativas de la autoridad financiera del reino unido, FCA.


Llegado el momento de hacer retiradas o ingresos de dinero, la seguridad sigue garantizada, ya que todas las transferencias están cifradas mediante la tecnología secure socket layer de 256 bits, comúnmente conocida por los usuarios como SSL. Además, como complemento a todo esto ostentan el sello de garantía de identidad true-site y el webtrust de la AICPA. Finalmente, hay que señalar que para asegurarse de que nadie retira fondos de tu cuenta cometiendo un fraude, antes de proceder a retirar el dinero te solicitarán que les envíes un documento firmado a mano, que está disponible en su web, y además solo admitirán retiradas a cuentas en las que tú seas el único titular. De esta forma nadie podrá retirar tus fondos.


Oferta de xtrade


La oferta de cfds a la que se tiene acceso al operar con esta plataforma es bastante completa, y realmente nos parece suficiente para satisfacer a la mayoría de los usuarios, pues se puede invertir en acciones, divisas o fórex, materias primas e índices y en todos ellos hay una buena diversidad. El proceso de registro es muy sencillo y no te llevará más de unos minutos. Finalmente, no queremos pasar sin mencionar la oferta educativa, ya que a través de su web podrás asistir a algunos webinars en vivo o hacer vídeo tutoriales, aunque la verdad es que estos últimos son demasiado superficiales. Lo mismo ocurre con lo que ellos llaman la biblioteca, tiene documentos interesantes, pero quizá deberían profundizar un poquito más. En cualquier caso son un recurso más que se puede consultar fácilmente cuando se necesite.


En el apartado de las acciones encontrarás cfds sobre las principales acciones de EEUU, francia, reino unido, italia, australia, nueva zelanda, japón, rusia, hungría, hong kong, china, sudáfrica, brasil, suecia, noruega, alemania, finlandia, países bajos, dinamarca, suiza, polonia y, por supuesto, españa, de las que encontrarás acciones de 17 empresas distintas. En los cfds sobre pares de divisas o fórex se puede elegir entre más de 50 de ellos, incluyendo la criptomoneda bitcoin y, lógicamente también los más populares entre los inversores. También encontrarás más de 17 materias primas lo cual es una oferta bastante más generosa que la de la mayoría de los brókers. Además encontrarás más de 45 índices en lo que supone una gran oportunidad de gestión del riesgo y diversificación.


Ofertas y bonos


En la actual debido al recrudecimiento de los requisitos y exigencias de la cysec respecto a las formas de promocionarse que pueden llevar a cabo los brókers, esta empresa ha decidido retirar su bono de bienvenida y el resto de promociones. No obstante, no es algo que deba echarte atrás porque la oferta de inversión es realmente bueno y al fin y al cabo eso es lo realmente importante a la hora de elegir.


En todo el mercado de brókers online, los bonos estaban dando problemas de transparencia y muchas quejas por parte de usuarios que no entendían sus términos y condiciones. Por eso la mayoría de los brókers de opciones binarias más serios, y en especial los regulados por la cysec han optado por dejar de ofrecer estas promociones.


Cuenta demo


Los usuarios que prefieran probar la plataforma sin arriesgar ni un solo euro real, pueden hacerlo utilizando la cuenta demo que les permitirá probar las principales funcionalidades de forma tranquila y sin presión. Como siempre, desde estafa.Info recomendamos probar siempre los brókers con la cuenta demo, ya que uno puede descubrir así fácilmente con cuál se siente más a gusto y cuál comprende mejor para tomar una decisión cuando llegue el momento de operar con dinero real. También es una opción válida para probar estrategias de inversión sobre cuyos resultados no estamos muy seguros.


Métodos de pago


Los métodos de pago cubren la mayoría de opciones más populares para los inversores españoles incluyendo paypal que suele ser uno de los grandes ausentes entre los brókers online, a pesar de lo muy utilizado que es en españa. Otros métodos aceptados son visa, mastercard, american express, transferencia bancaria, cashu, halcash, neosurf, neteller, paysafecard, skrill y teleingreso. Para retirar el dinero, lo más fácil es hacerlo con el mismo método que se haya utilizado para ingresar. Para evitar estafas, te pedirán que rellenes un formulario de retirada que deberás imprimir, firmar a mano y enviar a la dirección de correo withdrawals@xtrade.Com o al fax +44-203-0516306.


Canales de ingreso y pago ofrecidos
métodos de pago paypal, visa, mastercard, american express, transferencia bancaria, cashu, halcash, neosurf, neteller, paysafecard, skrill y teleingreso
depósito mínimo no
comisiones no
divisas aceptadas GBP, USD, EUR, CHF, JPY, CAD, DKK, AUD
opciones de retiro paypal, visa, mastercard, american express, transferencia bancaria, cashu, halcash, neosurf, neteller, paysafecard, skrill y teleingreso

Seguridad y regulaciones en xtrade


A continuación vamos a ver qué regulaciones sigue esta empresa que sirven como garantía de que no se trata de un timo. Al estar registrada en la cysec, la empresa debe seguir las reglas financieras chipriotas, en concreto la ley 144(I)/2007 de mercados regulados, que le obligan a formar parte del fondo de compensación de inversiones que cubriría los fondos de los clientes en el supuesto de insolvencias por parte de la empresa en hasta 20.000 €. Pero las garantías de seguridad del hecho de registrarse en chipre no paran ahí. Al ser miembro de la unión europea, cualquier empresa financiera registrada en este país debe cumplir con las normas de la directiva europea mifid, que garantizan unos niveles de transparencia y seguridad adecuados para los inversores. Además, también está registrado en las siguientes autoridades financieras europeas: autoridad de servicios financieros (FSA) del reino unido; banque de france de francia, commissione nazionale per le società e la borsa (CONSOB) de italia, donde tienen una sucursal registrada en la dirección 22, via conservatorio, business center, 20100 milán; finanstilsynet de dinamarca, PFSA de polonia; finansinspektionen de suecia; AFM de los países bajos; FSMA de bélgica; finanzmarktes liechtenstein de liechtenstein; commission de surveillance du secteur financier de luxembourg; NBS de eslovaquia; LSC de lituania, SMA de eslovenia, finantsinspektsioon de estonia; FSC de bulgaria; CNB de la república checa; CMVM de portugal; FMA de austria, MNB y, también la CNMV española desde julio de 2010, con el número de registro 2640.


Atención al cliente


El servicio de atención al cliente en español estará a tu disposición las 24 horas del día los cinco días de diario y podrás contactar con ellos, por teléfono en el número 34 937379413, por correo electrónico en support@xtrade.Com, o por chat en vivo, con el que también puedes comunicarte aunque no estés registrado dándoles una cuenta de correo electrónico y un número de teléfono. En nuestra experiencia, nos atendieron rápidamente de forma clara y con bastante paciencia.


Funcionalidad de la web


Podemos confirmarte que se puede operar perfectamente a través de la web, sin necesidad de hacer ningún tipo de descarga. La estabilidad de la conexión ha sido perfecta en todo momento y la facilidad de uso también de agradecer. Cuando procedemos a hacer una inversión podemos establecer límites de pérdidas y de beneficios, para poder ajustar así perfectamente los riesgos que queremos tomar. La navegación por la plataforma es buena y se puede operar rápidamente. En cuanto al diseño de la web quizá no sea lo más importante, pero la web da una buena imagen con blancos, negros y azules y una estética cuidada.


Aplicación móvil de xtrade


Uno de los puntos fuertes de la inversión financiera es que puede hacerse desde casi cualquier sitio. Ya sea desde tu casa en un cuarto tranquilo, como desde una cafetería, un parque o cualquier lugar en el que tengas una buena conexión a internet, los cfds no te van a exigir que vistas corbata y te pongas un traje. Pero claro, transportar el ordenador a todos los sitios puede ser incómodo. Incluso a veces surgen oportunidades de inversión por noticias inesperadas, que llegan cuando estamos lejos del portátil. Por eso poder invertir a través de una app móvil es un servicio fundamental. Y en este caso está bien cubierto. Los usuarios que quieran invertir desde dispositivos móviles podrán hacerlo gracias a las apps disponibles para iphone, ipad, dispositivos android y windows phone. Las apps funcionan perfectamente y no tuvimos cuelgues ni desconexiones, teniendo en cuenta que cuando uno va a operar con cfds debe hacerlo siempre con conexiones fuertes.


Conclusión


Un buen bróker para invertir en cfds, con una oferta de activos subyacente bastante amplia. Respecto a la seguridad solo nos queda asegurar que xtrade no es un timo, y está al día con las exigencias de la unión europea respecto a la inversión financiera. Además, nos gusta el hecho de que acepte paypal, ya que es un método de pago muy solicitado por los usuarios e ignorado por muchos brókers. La cuenta demo, supone una buena oportunidad para probar su plataforma tanto en el servicio web, como en la app móvil que sea adecuada para tu dispositivo.



Xtrade review


Xtrade is an online brokerage firm that offers traders across the globe over 500 assets for trading on its proprietary web and mobile trading platforms. There are several platform tools that are provided to traders including autochartist, economic calendar and market sentiment analysis. However, the brokers spreads are not the tightest and they do not offer any social trading platforms.


Xtrade review, pros & cons


  • Regulated broker

  • Trading signals from autochartist

  • Market trends & sentiment analysis tools

  • Multiple payment options; over 60 channels



  • High spreads compared to other online brokers

  • No social trading platforms or managed accounts

  • No metatrader platforms

  • Clients from USA & some other countries are not accepted

  • Market maker broker model


In this detailed xtrade review, our online broker research team have covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.


Xtrade is not ranked in our best forex brokers, best stock brokers, best cfd brokers, best crypto brokers or best online brokers categories. You can use our free broker comparison tool to compare online brokers including xtrade.


Xtrade review: summary


Xtrade is an online forex and CFD broker that offers online trading solutions to its clients. The broker was founded in 2003 with a passion for innovation, integrity and professionalism. The head office is in cyprus while it has offices in over 15 locations worldwide. The website is translated into over 30 languages.


Xtrade provides access to trade over 500 trading instruments on its modern trading platforms. The broker offers only fixed spreads and charges no commissions on trades. Trades are executed within fractions of seconds. The broker states that it is the sole execution venue of client orders and acts as principal to the trade executions.


The official ambassador of xtrade from 2016 to 2017 was the portuguese football legend, “cristiano ronaldo”. He is one of the world’s most decorated football players with multiple ballon d’or awards and european golden boots.


Xtrade have been decorated with awards for their online trading services. Prominent among the awards are the following: ‘best forex education provider’ and ‘best mobile trading platform’ which were both won at the ‘china awards’. Also, at the 2016 forex expo awards in dubai, xtrade won the ‘best forex broker’ award.


Xtrade Review: Online Broker Awards


Xtrade review: online broker awards


Xtrade review: regulation


Xtrade europe ltd is registered in cyprus with the registration number: 248449. It is regulated by the cyprus security and exchange commission (cysec). The license number is 108/10. Despite this regulation, xtrade has been included on a number of regulator’s warning lists despite having cysec approval. Thus, we would most certainly only proceed with great caution.


Xtrade is regulated by the australian securities and investments commission (ASIC). The registration number is ACN: 140899476 and the license number is AFSL: 343628.


Xtrade international ltd is regulated by the international financial services commission (IFSC) of belize. The license number is IFSC/60/383/TS/19.


Xtrade affirms that all clients’ deposits are maintained in segregated accounts with top-rated international banks. The broker also audits its records to ensure complete compliance to the regulatory stipulations. Segregation of clients’ funds ensures that investors’ funds are separate from the broker’s funds. Even if the broker closes its doors for business, eligible investors can still be entitled to refunds from these segregated accounts.


To further secure the trader, xtrade has implemented a 256-bit secured socket layer (SSL). This is a standard security practice designed to protect all clients’ data and transactions as data is transmitted to and from the servers.


Xtrade review: countries


Xtrade does not provide its services to clients from the unites states, canada, belgium, zimbabwe, nigeria or other countries where its services will conflict with the local or national laws. Some xtrade features and products mentioned within this xtrade review may not be available to traders from specific countries due to legal restrictions.


If you are looking for a trading broker in a particular country, please see our best brokers USA, best brokers UK, best brokers australia, best brokers south africa, best brokers canada or our best brokers for all other countries.


Xtrade review: trading platforms


Xtrade webtrader


This is xtrade’s proprietary trading platform that has an intuitive user interface for traders to access multiple markets in order to buy and sell forex and cfds. It runs on every operating system and requires no downloads.


Here are some of the features of the xtrade platform:



  • Available in 11 languages.

  • Account verifications, funding, withdrawals can be done from the platform.

  • Switch between demo and real accounts with one click.

  • The charts window has a multiscreen feature which can display the charts in up to 6 screens. This is useful for comparison over different charts, timeframes and indicators.

  • 12 technical indicators.

  • 4 chart styles; bars, candles, line and area.

  • Charts can be displayed on 9 timelines from tick to 1 week.

  • Integrates tools such as the financial calendar, autochartist, market trends, etc.

  • 17 drawing tools used for technical analysis.



Xtrade Review: Xtrade WebTrader


Xtrade review: xtrade webtrader


Xtrade online trading


This is the mobile app version of the trading platform. It is available for ios and android devices. The apps can be downloaded and installed from the respective app stores. The mobile app presents a user friendly interface and is very responsive.


Here are some of the key xtrade mobile trading app features:



  • Gives access to live quotes of stocks, indices, forex, commodities, etc.

  • Easily open, edit or close trade positions including multiple order types and risk management tools.

  • Integrates account funding and withdrawal options using multiple payment methods.

  • Perform technical analysis using charts, indicators and analytical tools.

  • Customisable with alerts on prices, trades, etc.

  • Integrates some trading tools such as autochartist alerts, financial calendar, market trends, etc.



Xtrade Review: Xtrade Mobile Apps


Xtrade review: xtrade mobile apps


Xtrade review: trading tools


Xtrade blog


There is financial news that is frequently updated on the blog website; blog.Xtrade.Com. The videos are professionally presented from xtrade’s news studio. Daily forex signals and analysis were previouslt updated on the blog but unfortunately have stopped.


Autochartist market analysis


The autochartist tool is accessible from the webtrader platform. It is available only to traders who fund their accounts with a minimum of $1,000. Autochartist is a market analysis software tool that gives access to in-depth expert analysis and trading signals on a wide range of tradable assets. It also scans the markets and alerts the trader when it finds a trading opportunity.


Financial calendar


The economic calendar can be accessed from the webtrader platform under the ‘tools’ menu. This financial calendar is an important tool used in fundamental analysis. It shows the dates and times scheduled for important economic activities and their forecasted impacts on the financial markets. The calendar is customisable to suit the trader’s preferences.


Xtrade Review: Financial Calendar


Xtrade review: financial calendar



This service is powered by a third party company (finansoft S.R.O) and it is available on the xtrade webtrader platform. It gives trading signals on selected instruments.


Xtrade Review: Market Trends


Xtrade review: market trends


Bull/bear market sentiment


This is another platform tool found on the xtrade webtrader. It gives the percentage of xtrade’s clients buying or selling a given asset within a defined time interval. This can be used as part of a market sentiment analysis which is often used to form part of a contrarian trading strategy.


Xtrade Review: Market Sentiment Analysis


Xtrade review: market sentiment analysis


Xtrade review: education


The education centre on the website has some video lessons geared towards beginner traders. The first set of video tutorials is focused on using xtrade’s website and trading platform. The videos are fully animated, interesting, clear, loud, and precise.


There are 11 video lessons of the basics of forex, bitcoin, technical analysis, indicators, and cryptocurrencies. The videos are taught by xtrade’s staff. The lessons were presented from a news room and contain only a few animations and illustrations.


A glossary of over 90 forex and CFD trading terms along with their explanations is available in the education center.


Xtrade review: trading instruments


The following trading instruments are available on the xtrade platforms:



  • 19 major currency pairs, 12 minor pairs & 29 exotic pairs.

  • 33 indices.

  • About 400 shares from USA, UK, japan, europe, etc.

  • 25 commodities.

  • 17 cryptocurrencies.

  • 5 bonds.

  • 23 exchange traded funds (etfs).



Xtrade review: trading accounts & fees


The maximum leverage is 1:400 for all account types. The spread ranges from 2-5 pips for the benchmark EURUSD.



  • Standard account: the minimum deposit is $250. This is the basic account with minimal features.

  • Premium account: the minimum deposit is $1,000. This account gives access to autochartist market alerts and dedicated account managers.

  • Platinum account: this is the most popular account with a minimum deposit of $5,000. This account features reduced spread and VIP bonuses.

  • VIP account: this is the account reserved for professional traders. The minimum deposit is $20,000. Account holders get exclusive corporate gifts.



Inactivity fees of $10 per month are charged from accounts that have been dormant for 3 months. For accounts that have been inactive for a year, $60 per month is charged.


As broker fees can vary and change, there may be additional fees that are not listed in this xtrade review. It is imperative to ensure that you check and understand all of the latest information before you open a xtrade account for online trading.


Xtrade review: customer service


Xtrade has a multilingual client support desk that is available round the clock on weekdays (24/5). The team speaks over 10 languages and operates from various locations. They can be reached on email, phone and instant web chat. On social media, they are on facebook, twitter, linkedin and youtube.


The customer service desk also has a frequently asked questions (faqs) section where they answer the most common questions usually asked by prospective clients.


Xtrade review: deposit & withdrawal


Xtrade states it repeatedly that it does not charge deposit and withdrawal fees. But some payment processors and banks may charge fees which will be borne by the client. Withdrawal requests are only approved for accounts that are completely verified. Generally, here are the payment options available:



  • Bank wire transfer: this method is used to transfer money between a client’s bank account and xtrade bank accounts. It takes up to 5 business days for complete bank transfer processing.

  • Online bank payment solutions from the following banks or payment processors are accepted: itaú, bradesco, banco do brasil, santanda, banco de chile, bancomer, banamex, santander rio, banco de occidente credencial, banco de occidente credencial, banklink, caixa, banco macro, banco galicia, citi bank, ekonto, euteller, giropay, ideal, lobanet, mister cash, multibanco, przelewy24, SOFORT, SPEI, poli and BPAY.

  • Credit/debit card: the cards accepted are visa, mastercard, unionpay, hipercard, JCB, and ELO. Card deposits are processed instantly while withdrawals may take up to 10 days.

  • Online payments: the electronic payments accepted are dineromail, PSE, VLOAD, abaqoos, alipay, astropay, cashu, carulla, boleto, ecard, ecopayz, EDEQ, epay.Bg, fasapay, halcash, jeton, moneta, neteller, neosurf, paysafecard, pago efectivo, pago facil, rapipago, QIWI, redpagos, skrill, sporopay, surtimax, teleingreso, ticket surf, todito cash, webmoney, wechatpay and yandexmoney.



Xtrade review: payment options


Xtrade review: account opening


The registration process on the xtrade website is very easy and straightforward. First visit the right website for your country of residence, click on ‘register’ found on the side menu bar. The form below displays.


Xtrade Review: Account Registration Form


Xtrade review: account registration form


Fill your name, email and phone number, agree to terms and click ‘submit’. The account is created and a password is assigned to the account. You are logged onto the xtrade online trading platform where you can make a deposit and start trading online.


Xtrade review: conclusion


Xtrade has been in the brokerage business for many years although they have come under some scrutiny during this time. The company is however regulated and states that they are committed to applying modern technologies, innovation and honesty.


The broker provides liquidity and access to trade over 500 instruments on its proprietary trading platforms for web browsers and mobile apps. The platform is simple, yet replete with a range of charting and analysis tools. The integration of autochartist analysis and signals is a popular choice for automated market analysis. It takes away the time requires to conduct complex charting and analysis from the trader. The sentiment tools provided gives traders an insight of what other traders are buying and selling which can also be useful to professional traders.


However, the spreads offered by xtrade are not that low when compared to other online brokers that offer spreads from 0 pips. They can also mark up the spreads as they do not charge a commission on trades. The VIP spreads and trading conditions require a large deposit. No cent accounts are provided and no social trading platforms or MAM/PAMM accounts. There is no provision for trade automation and platform extension via plugin apps. For these reasons amongst others, we consider xtrade a limited broker for online trading.


Trading FX/cfds involves a significant level of risk and you may lose all of your invested capital. Please ensure that you understand the risks involved.


Min $100 deposit


Xtrade is an online brokerage firm that offers over 500 assets for trading on its proprietary web & mobile platforms. Several platform tools are provided to traders including autochartist. The spreads are not the tightest & no social trading is offered.





So, let's see, what we have: xtrade we help you to create the best investment plan , resource & execution your trading options are our innovative platform has the most assests you can at xtrade

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