Forex broker | |
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Official website | |
Social network | |
Head Office | NO. 5 CORK STREET, BELIZE CITY, BELIZE |
Company owner | Xtrade International Ltd. |
Types of support | |
Phone Support | |
Languages | Russian, English, French, Spanish, Italian, German, Portuguese, Turkish, Chinese, Arabic, Swedish, Japanese, Etc. |
Terminals | WebTrader |
Min. first deposit | From 100 USD |
Brokerage commission | Yes |
Lot size | From 0.01 |
Leverage | Until 1:400 |
Spreads | From 2 points |
Free demo account | No |
Adjustable | Yes |
Regulators | IFSCIFSC/60/383/TS/19 |
Types of accounts | Demo, Standard, Premium, Platinum, VIP |
Methods of replenishment | Neteller, Skrill, Webmoney, Wire transfer, Yandex.Money, Bank card (Visa/MC) |
Withdrawal methods | Neteller, Skrill, Webmoney, Wire transfer, Yandex.Money, Bank card (Visa/MC) |
Number of assets | 80+ |
Types of assets | IndexesTrade major international indices such as the S&P 500, Dow Jones, NASDAQ, GER 30, JPN 225, and get instant access to global industries and economies Productsgold, oil, silver, and more. Stocks Currency pairsEUR/USD, USD/JPY, GBP/USD, etc. CryptocurrencyBitcoin, Litecoin, Dash and Ethereum ETF Bonds |
Account Currencies | RUB, EUR, USD |
Liquidity providers | Barclays |
Mobile apps | |
Weekend trading | No |
Tournaments/competitions | No |
Trader training | Glossary, blog, video tutorial |
Contract Difference Commission | Yes |
Swaps | No |
PAMM trading | No |
Analytics | News and market analysis |
Margin trading | Yes |
Affiliate Program | RegistrationUp to 35% from referral income |
Advantages | |
Disadvantages | |
Company requisites | Legal name: Xtrade International Ltd. Legal address: NO. 5 CORK STREET, BELIZE CITY, BELIZE |
Date of update | December 2, 2024 |
Overall assessment | 7.3/10 |
Is XTrade a Scam? Complete Review and Real Customer Feedback
XTrade has been existing in the international financial market since 2003. This is a stable regulated Forex broker company, which already managed to get labeled as one of the major companies in trading shares, indices, goods, international currency and contracts for difference.
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Terms of trade with XTrade
The XTrade company offers a great number of possible financial tools, which fit both for newcomers and experienced customers. The company’s financial tools include a demo account for training. This is a very efficient way to practice in a virtual environment before you get the access to a real account. The demo account gives inexperienced traders a chance to acquire knowledge about the market and chalk out its own financial strategy. Apart from demo account the company offers also loads of services for traders, including financial calendar, training center for learning trading, free e-book and many other financial tools.
Xtrade offers to its customer a ground-breaking platform. The company has been presented in the market over 10 years, provides the safe Forex trade and CFD (learn about the opportunities of x trading CFD/Forex here), showing that the financial sphere is the company’s calling. Quick withdrawal, convenient trading, liquid tools, quality trainings, support of cryptocurrencies, which are such popular now (how to make money of cryptocurrency, read here) – these options make the company an absolute leader among the Forex and CFD brokers.
Special mention should be made of the ХTrade terminal. The trading platform WebTrader is a unique software equipped with necessary tools (these are reports, analytics, signals, the chance to work with indicators, instant orders etc.) for the proper operation of traders of any qualification level. The terminal operates equally perfect on various devices (web browsers, tablet, mobile application). The tablet version is distinguished by quick transactions, detailed reports, user-friendly navigation. The mobile application has provided a real trading «with no limits».
The XTrade customers get also free advices from premier specialists, experts in online trading. Trainings for traders are the essential part of the services provided by company. XTrade provides the customers with the regular support via chats, e-mail and telephone. The customer support is available 24/7 in many languages, including English, Arabic, Spanish and many others.
Deposit and withdrawal
XTrade executes the withdrawal of funds from the account after receiving a request sent by fax or e-mail. This company processes the withdrawal requests quickly, allowing traders to get their money within short timeframes. The customers get their pay-offs within 5 business days. The customer also has the right to transfer his money on his another account opened in the company. For withdrawal you can use credit and debit cards, bank transfer, CashU, Webmoney, Yandex.Money and some other payment systems.
Complaints against XTrade
Since XTrade is a regulated company with a rigorous regulation system, there are no offences of law emerging. The complaints, which may appear on forums, may be related to the competition among the companies in this vibrant market. The company has the active customer support, where you can apply and describe the issue emerged by e-mail, chat, telephone or fax. The company’s experts response customers’ complaints quickly.
Is XTrade a scam?
XTrade today is one of the most law-abiding broker companies in the market. The company’s business is regulated by International Financial Service Center of Belize (IFSC/60/383/TS/17), which is the guarantee of the high protection level for customers against the financial fraud.
XTrade broker regulator
XTrade has been a regulated company for many years. The broker is regulated by International Financial Service Center of Belize (IFSC/60/383/TS/17), which controls the company’s business by different means (requirements, directions and recommendations), designed to protect customers against the financial fraud. The company XTrade is one of the most safe broker companies in the international market.
Bonuses
XTrade provides the substantial sums of bonuses for new customers. Depends on deposit the bonus sum may vary up $50 to $6000. Besides this bonus, there is a range of promotional activities for new customers offering bonuses on different occasions. For instance, a customer gets $20 on his trading account for his phone number confirmation. We recommend you to keep your eye on new announces of promotional events in order not to miss the next offer.
Summary statement
The company XTrade is one of the most stable companies in the international financial market. The company has been existing in the market for over ten years already, providing its brokerage services in trading shares, indices, goods, international currency and contracts for difference. The company offers favorable terms both for newcomers and experienced traders and implements numerous financial tools to enhance the trading conditions.
Summary
In sum, the company XTrade is a stable, strong and reliable company, which is its superior to many other companies. This company meets the high level service standards. 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.
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