The bulk of assets consist of 280 equity CFDs, complemented by 13 index CFDs. The overall selection of 375 assets across six categories remains below average. Despite a reference to it in the education section of the website, Xtrade does not offer cryptocurrencies. New traders will find the choice sufficient to start trading financial markets, but more advanced traders will find that they do not have sufficient trading opportunities. Xtrade is a global CFD broker that offers online trading services to retail and institutional clients worldwide. The company was founded in 2010 and is regulated by various financial authorities such as the CySEC in Cyprus and the ASIC in Australia.

• The Xtrade platform has everything you need to become an effective trader.
• While a blog is available, the last written update was made in October 2019, while the most recent video submission was in December 2019.
• Therefore, conducting thorough research on the company you plan to invest with is crucial.
• Just go to their website and click on ‘REGISTER’ which is in blue.

In sum, the company XTrade is a stable, strong and reliable company, which is its superior to many other companies. The XTrade numerous promotional events provide the chance to gain favorable terms for making agreements. The company is regulated by International Financial Service Center of Belize, enabling the trade in the global financial market with no fear of financial fraud. Generally, the company XTrade is one of the major and most stable companies in the international financial sphere.

How do I know I can trust these reviews about Xtrade?

When you submit a withdrawal request, XTrade will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like XTrade, you can enjoy peace of mind and focus on your trading activities without worrying about the safety of your funds. If XTrade violate any regulatory rules their regulated status could be stripped. Account owners are the only people who can access accounts, and this is possible only after verification, so don’t worry, everything is okay with Xtrade.

I know that some traders use only technical analysis in their trading.I don’t think that’s right.It is necessary to take into account global economic events. They can affect the markets in such a way that the price does not move according to technical analysis.I am writing this because the broker provides a lot of useful analytics. If you trade by taking these data into account, you can avoid unpleasant situations. Yes, broker offers its customers excellent training materials. I studied them few months ago, but I’m sure they still exist.

I just started trading Forex.

That is because those are accessible through the browser and they don’t have actually an app that you can use. Since they didn’t put any significant effort into the trading platform we wouldn’t recommend using it. However, through XTrade reviews we could find some customers that were not satisfied with their customer service and approach to the business. Some of them as well complained about losing all of their funds once they wanted to withdraw them, which is strange.

• When you request a withdrawal, the funds are returned using the same method you used for depositing.
• We have tested the livechat experience with Xtrade and it worked flawlessly.
• Xtrade also provides educational tools to enhance traders’ knowledge and skills.
• This broker provides fast digital deposits with credit/debit cards, American Express, bank transfers, PayPal, Skrill and some other common options.
• This facility enables traders to get a larger exposure to the market than the amount they deposited to open a trade.

The availability of deposit options may vary depending on the country of residence. For traders looking for an even higher level of service and benefits, Xtrade offers the Platinum account. This account type is suitable for traders who desire a premium trading experience and want access to advanced trading tools. For traders, the process of withdrawal of funds is as important as the trading process itself.

What Should I Do If I Have an XTrade Problem?

It confirms that this broker is well aware that it is home to the most expensive trading environment. Traders have access to 24/5 customer service, with the live chat function the most convenient form of contact. Xtrade fails to introduce its trading platform and deploys misleading marketing for a sub-standard https://traderoom.info/lexatrade-review-pros-cons-and-verdict/ solution. While the broker does have an office in South Africa, it does not list a license with the South African Financial Sector Conduct Authority (FSCA). Reituca Marketing Ltd, a Cypriot-registered international business company (IBC), processes all Xtrade International Ltd payments.

Consequently, you are billed more for non-trading activities on your trading account, such as deposits and withdrawal. MetaTrader 4 also known as MT4 is one of the top trading platforms on the planet and has been in active use on financial markets since 2005. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically. XTrade is another Forex broker with a lot to offer both new and seasoned Forex traders. And there will be plenty of you reading this XTrade Forex broker review who will be overjoyed to learn about some of the XTrade bonuses and offers (Not valid for EU traders, T&C apply).

How to open an account？

Even though this CySEC is a good regulatory body, we always recommend traders look for brokers with Tier 1 Regulation. Unfortunately, XTrade is not in the database of any Tier 1 regulator. If you try to get to the XTrade broker website, you are redirected to OffersFX which belongs to XTrade Europe LTD.  This is a very confusing connection.

Based on our research, we found broker’s great selection of trading education suitable for both beginners and advanced traders. The broker offers a great variety of courses, articles, video tutorials, and glossaries. Xtrade prioritizes providing excellent customer support to its clients.

🌐  Standard Account

The broker does not charge any fees for deposits and withdrawals made on the website. Xtrade offers a lot of payment options to its clients, among which are credit and debit cards, wire transfers and e-wallets. Local transfer methods like Abaqoo, AliPay, eKonto, ePay bg, Todito Cash and Yandex Money are available as well. They also provide daily market analysis and news updates to keep traders informed about the latest trends.

We tried communicating with Xtrade support in a variety of languages across multiple countries. Understand the capabilities of the mobile apps of Xtrade, freetrade & easyMarkets below. Commissions could be fixed or determined by the traded volume.