Xtrade Review – is Xtrade Scam or Legit Broker?

Xtrade

2.5

Rating

2.5/5

Pros

  • 150 CFD options
  • 400:1 Glue
  • Full cellular trading performance

Cons

  • Xtrade.com includes a text hefty system
  • No traders out of unregulated Nations

Overview/Background

Xtrade.com is an online CFD trading platform that permits traders to take part in stationary spreads trading without no commissions. Traders have also used 100% free demo trading accounts with a range of powerful analytical tools for example technical analysis, fundamental analysis and charting etc.. The Business is fully regulated by the Cyprus Securities and Exchange Commission (CySEC) and also MiFID. Among the others, traders may enjoy efficient order implementation, a thorough educational stage, site and social networking profiles, and also most of the security and security that’s due to an internet trading platform. This provider has been functioning after all 2010 and you’ll be able to trade a broad selection of financial tools including indices, shares and commodities and money pairs. The business works in 140 countries with 5 offices across the globe.

Account Types

Xtrade.com simply offers customers 1 trading accounts. But, traders have the option to rehearse with a demo trading accounts. The wonderful thing about that CFD trading company is the bonuses have been plentiful especially once you make deposits of $10,000, after all it is possible to obtain anywhere from 20 percent – 60 percent in bonus cash.

Trading Platform/Software

The trading platform will be powered by WebTrader, without any registration or download is required. In addition, there’s additionally a cellular trading program that’s offered at the App Store and also the Google Play Store also it’s available for Windows Phone. Traders may make use of the platform to trade indices, commodities, currencies and shares. Reliability, transparency and credibility are all features of this trading platform in Xtrade.com.

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Deposit Options

A vast assortment of deposit options is found to traders involving the subsequent payment processing options: Barclays, JCB, moneta.ru, cashU, Sofort, BMIBank, Boleto, Fortis, GiroPay, NBK, Nordea, Otpbank, e-card, eKONTO, eps, DineroMail, MB, Neosurf, iDEAL, PayU, POLi, Postbank, QNB, RBS, Santander, TicketSuf, TrustPay, AliPay, along with others. Every one of those payment processing options (deposit options) is sold with its rules and regulations, nevertheless, they’re typical fully guaranteed secure and safe.

Markets

A huge assortment of financial stores is found to traders in Xtrade.com, for example, stocks, Forex, indices, commodities and CFDs with each one of these financial markets. Shares Incorporate popular options like Google, Facebook, ExxonMobil, MasterCard, Wal-Mart, Citigroup, AIG, IBM, Coca-Cola, The Walt Disney Company, Goldman Sachs, CVS Health Corporation, 3M Company, Starbucks, MetLife, AT&T, Berkshire Hathaway etc.. Indices are offered for worldwide stores including Australia, Asia, America and Europe. Popular indices incorporate the US dollar index, the USA 500, USA 30, Canada 60, the France 40, Spain 3-5, Denmark 20, Portugal 20, Greece 20, Japan 225, Hong Kong 4 5, Malaysia 70, China 600, China 200, Asia top-30, Australia 200, Australia 150, Australia 300 etc.. Additionally, their dozens of products available for example cotton, aluminum, corn, soybean, silver, gold, sugar, cherry, cherry, strawberry, orange juice, and timber etc.. Currency pairs comprise majors, minors, exotic pairs along with virtual coins. Significant pairs Incorporate the EUR/USD, USD/JPY, EUR/JPY, EUR/CHF, NZD/USD, CAD/JPY, EUR/NZD etc.. Minor pairs Incorporate the GBP/CHF, AUD/CAD, EUR/RUP, and also exotic pairs Incorporate the EUR/ZAR, USD/SEK, USD/HUF and also the EUR/DKK. Virtual Gold involve Bitcoin.

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Bonuses

Traders are agreeing to some 20 cash bonus with no deposit required. Plus, in addition, there are up to 77 percent bonuses on a broad assortment of deposits made during the before all else 1 week of gambling. The distinctive welcome package is both enticing plus carries a before all else deposit bonus up to $6,000, a telephone verification bonus around $20 in money, and a before all else trade bonus up to $120 and also an account affirmation bonus as much as $30 in cash. Even the VIP trading program is both enticing and also comprises valuable presents and discounts on spreads, generous bonuses and promotions and special financial provisions, amongst others.

Customer Support

Customer service is available by chat functionality using professional customer care agents. It’s also feasible to obtain connected with YouTube, Facebook, Twitter, LinkedIn and other social networking platforms. Email service is led in [emailprotected], also there are dozens of global telephone numbers open to traders all around the globe. Business hours run out of Sunday at 10 PM GMT on Friday at 10 PM GMT and any office address is situated at Limassol Cyprus with the subsequent cell phone 357-240-22477.

Safety

Xtrade.com has been fully assessed for security and protection and includes multiple secure socket layer encryption protocols, so alteration of traders balances from business reports and complete regulation and licensing on the planet ‘s leading authorities in CFD trading. This sports a Comodo SSL certification, CySEC licensing and law (108/10), AFSL licensing (Number 343628) issued with the ASIC (Australian Securities and Investments Commission) and International Financial Services Commission law and consent (IFSCS/60/383/TS/15).

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Ease of Use

Xtrade.com is quite user friendly and now there are just two options in the kind of demo trading accounts and also a true currency trading accounts readily available for traders. Every one of those kinds of Forex shares offers comprehensive info, and it’s not difficult to obtain going using CFD trading in this broker. The uncluttered site is userfriendly and packaged with a large selection of trading applications, educational tools, and also ample promotional supplies.

Final Thoughts

Xtrade.com is decidedly among the most popular online CFD trading businesses. It delivers no commissions available on FX trading and there’s expert trading service available at most times. With leverage as large as 400 to trading and 1 balances offered for as low as $100, you’re able to trade huge places with hardly any money down. As it’s totally governed by the Cyprus Securities and Exchange Commission and also MIFID, it’s ensured secure and safe. The trading platform would be most useful in class and is offered at the App Store and Google Play Store.

Internet Site:
www.Xtrade.com
Telephone:
357-240-22477
Legislation:
CySEC and MiFID
Pairs provided:
EUR/USD, USD/JPY, EUR/JPY, EUR/CHF, NZD/USD, CAD/JPY, EUR/NZD
Minimum Deposit:
$100
Spreads From:
3 PIPs
Max Leverage:
400:1
Markets:
CFD’s (Shares, Indices, Commodities and Forex) such as Majors, Minors, Exotic and also Bitcoin