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XTRADE , VPFX Broker Comparison

Do you want to know which is the better broker between XTRADE and VPFX ?

In the table below, you can compare the features of XTRADE , VPFX side by side to determine the best fit for your needs.

Rating
Basic Information
Trading Env.
Account Info
Related News
Relevant Exposures

2 / 3 forex brokers comparison in total

Rating

Score

Regulatory Status

WikiFX Guarantee

WikiFX Survey

Risk Evaluation

Exposure

Basic Information

Est. Date

Regulatory License

MT4

MT5

Crypto

Deposit/Withdrawal Methods

Trading Env.

Trading Environment Rating

Execution Speed

Trading Speed Rating

Average Execution Speed

Minimum Execution Latency

Minimum Open Latency

Minimum Close Latency

Maximum Execution Latency

Maximum Open Latency

Maximum Close Latency

Slippage

Slippage Rating

Average Slippage

Max Slippage

Maximum Positive Slippage

Maximum Negative Slippage

Trading Cost

Trading Cost Rating

Average Trading Cost
(EURUSD)

Average Trading Cost
(XAUUSD)

Swap

Swap Rating

Average Trading Cost
(EURUSD)

Average Trading Cost
(XAUUSD)

Disconnection Instances

Disconnection Rating

Avg. Disconnection Frequency (/day)

Avg. Reconnection Time

Account Info

Accounts

Account Name

Trading Instruments

Minimum Deposit

Maximum Leverage

Typical Spread

Stop-Out Level

Spread Types

Minimum Trade Size

Crypto

Lock Position

Scalping

EA Trading

1.78

Not Regulated

Under guarantee

1 Satisfactory Surveys

2 Negative Surveys

6 risk warning

35 user-reported exposures

5-10 years

ASIC,CYSEC,FSCA

VIP,Premium,Platinum,Standard

$25,000

0.00

Fixed

2.3

Not Regulated

Under guarantee

1 Negative Surveys

2 risk warning

5-10 years

fasapay,Skrill,Neteller,VISA,MASTER,Wire Transfer

ELITE,VIP,STANDARD

$25000/Equivalent

1:200

FROM 0.0

20.00

XTRADE 、 VPFX BrokerRelated News

XTRADE BrokerRelevant Exposures

Which broker is more reliable?

To evaluate a broker's reliability and trustworthiness, consider the following four factors:

1.Forex broker introduction。

2.Do xtrade and vpfx have lower transaction costs?

3.Which broker is safer?

4.Which broker offers the best trading platform?

Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:

Forex broker introduction

xtrade

XtradeReview Summary
Founded	2022-07-18
Registered Country/Region	Belize
Regulation	Exceeded(FSC)/Revoked(ASIC)/Suspicious Clone(CYSEC)
Market Instruments	CFDs, Indices, Commodities, Shares, Forex, ETFs, Bonds, and more
Demo Account	✅
Leverage	Up to 1:400
Spread	From 2 pips
Trading Platform	Xtrade(Web/Mobile/Tablet)
Min Deposit	$250(Standard account: $200)
Customer Support（24/7）	Email: info@xtrade-dm.net/support@xtrade-dm.net
	Tel: +852 58080622
	Fax: +61(2)99292055(Australia)/+44(0)2081049401(UK)
	Social Media: Facebook, Twitter, LinkedIn, Instagram, YouTube

Xtrade Information

Xtrade is an experienced online broker specializing in helping investors build diversified investment portfolios. Through Xtrade, investors can access multiple markets including CFDs, Indices, Commodities, Shares, Forex, ETFs, Bonds, and moreon the Xtradetrading platform. Xtrade also provides demo accounts and 4 live accounts with leverage starting from 1:400 on Forex, and this broker says it offers 24/7 customer support. However, Xtrade still has risks due to some comments about its high trading spread.

Pros and Cons

Pros	Cons
Leverage up to 1:400	Exceeded(FSC)/Revoked(ASIC)/Suspicious Clone(CYSEC)
Demo account available	Some negative Comments
24/7 customer support	Spreads from 2 pips
Various tradable instruments	MT4/MT5 available
accessible office website
First deposit bonus up to $5000

Is Xtrade Legit?

It is relatively safe for investors to conduct financial activities in regulated entities. The regulatory information of this broker is as follows:

Regulated Country	Regulated Authority	Regulated Entity	License Type	License Number	Current Status
	FSC	Xtrade International Ltd.	Common Financial Service License	IFSC/60/383/TS/15	Exceeded
	ASIC	Xtrade International Ltd	Market Making(MM)	343628	Revoked
	CYSEC	Merba Limited	Market Making(MM)	108/10	Suspicious Clone

What Can I Trade on Xtrade?

Traders can choose different investment directions because the broker provides traders with access toForex, CFDs, Indices, Commodities, Shares, ETFs, Bonds, and more.

Tradable Instruments	Supported
Forex	✔
CFDs	✔
Indices	✔
Commodities	✔
Shares	✔
ETFs	✔
Bonds	✔

Account Type

Xtrade offers four account types. Traders who own more deposits can choose a VIP account, while those with a small budget can open a Standard account. If you are in between, you can choose the Premium account or the Platinum account. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only.

Account Type	Standard	Premium	Platinum	Vip
Minimum Deposit	$200	$1000	$5000	$25000
Minimum spread(EURUSD)	5 pips	3 pips	3 pips	2 pips
Commission Free Deposits	✔	✔	✔	✔
Demo account	✔	✔	✔	✔

Xtrade Fees

The spread is from 2 pips. The spread is more than 1pips, which is relatively high and the liquidity is relatively poor.

Leverage

The maximum leverage is 1:400 meaning that profits and losses are magnified as well as gains.

Trading Platform

Xtrade provides a Proprietary platform available for web, mobile, and print versions. Traders can choose the method that suits them to access and conduct trading-related activities.

Trading Platform	Supported	Available Devices	Suitable for
Xtrade APP	✔	Web, Mobile, Tablet	All traders

Deposit and Withdrawal

The minimum amount to deposit is 250 USD. Xtrade accepts credit/debit cards, bank transfers, American Express, and more options for deposits and withdrawals.

Withdrawal requests take up to five business days to process. Third-party withdrawal payment methods (i.e. credit card company, wire transfer bank, or intermediary bank delays) In extreme cases, delays of 3 weeks

Bonus

Xtrade offers a first deposit bonus of up to $5000, a 100% bonus.

vpfx

VPFX Review Summary
Founded	2020
Registered Country/Region	Malaysia
Regulation	LFSA
Market Instruments	Forex, precious metals, energies, indices, shares
Demo Account	✅
Leverage	Up to 1:1000
Spread	From 1.2 pips (Standard account)
Trading Platform	MT5
Min Deposit	$100
Customer Support	24/5 live chat
LABUAN, MALAYSIA Customer Support	Tel: +60154 600 0110
	Email: customerservice@vpfx.net
	Company address: Kensington Gardens, No U1317, Lot 7616, Jalan Jumidar Buyong, 87000 Labuan F.T, Malaysia
DUBAI, U.A.ECustomer Support	Tel: +971 4325 1188
	Email: customerservice@vpfx.net
	Company address: 3101, Latifa Tower Trade Centre First, Dubai, United Arab Emirates
Regional Restrictions	Afghanistan, Cote dIvoire, Cuba, Iran, Libya, Myanmar, North Korea, Sudan, Puerto Rico, USA, Syria, and Yemen

Founded in 2020, VPFX is a Malaysian broker trading with forex, precious metals, energies, indices, and shares. The leverage is up to 1:1000, the minimum deposit is $100, and the spread is as low as 0.0 pips. Investors can trade on MT5 and register a demo account to practice. VPFX offers 24/5 live support.