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Score

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/10
The WikiFX Score of this broker is reduced because of too many complaints!

Xtrade

Australia|10-15 years|
Market Making(MM)|Self-developed|Regional Brokers|High potential risk|Offshore Regulated|

http://www.xtrade.com/

Website

Rating Index

Influence

Influence

B

Influence index NO.1

Brazil 7.06

Surpassed 54.88% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+44 2038074001
info@xtrade.com
http://www.xtrade.com/
35 New Road, 2nd floor flat, Belize City, Belize
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Disclosure

Danger

MY SCM
2021-01-01

Contact number

English

+44 2038074001

English

+852 58080622

English

+55 21 35133607

English

+63 32 8872027

Broker Information

More

Company Name

XTRADE.AU PTY LTD

Company Abbreviation

Xtrade

Platform registered country and region

Australia

Company website
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Pyramid scheme complaint

Expose

Check whenever you want

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WikiFX Risk Alerts 4
Previous Detection : 2024-05-22
  • The number of the complaints received by WikiFX have reached 28 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Verification

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Scam

Evidence of Xtrade salesmen inducing clients to hedging investments

This platform has never proactively informed customers of the investment and financial risks that they should pay attention to. The customer has already applied for a refund, but the salesman abused the basic trust of the customer and caused the investment to fail. , I saw email notifications, these are all nonsense, the most important thing is that the salesman of this company instructed investors to operate without authorization, but refused to take any responsibility afterwards, and even told investors that you should sue! You can't win! it's horrible

2023-04-25 16:54
Scam

The Xtrade business induced investment with a deposit bonus, and they refused to withdraw

The platform has been constantly inducing consumers to deposit funds with the incentive of giving 50% bonuses, and continuously injecting funds into the platform. When applying for withdrawals, it rejected the withdrawal application on the grounds of insufficient transaction volume, and also guaranteed that as long as the transaction volume is flushed When I reach a certain height, I can get back the previously injected principal of 45,000 USD. The salesman asked me to directly operate US/Gold on the trading platform to place 750 USD, and us-tech to place 150 USD, sell and buy at the same time, and take hedging to balance the loss amount. Friends who know how to operate investment should be very clear that the salesman cannot guide investors to conduct investment transactions. This is a violation of the law and caused me serious losses. The current balance in the account is only 10501USD. I request that this matter be made public, even if it cannot To get back personal funds, we should also remind everyone not to be cheated by the Xtrade trading platform.

2023-04-17 22:43
Unable to Withdraw

Fraud/scam

#HighAlert#Fraud#SCAM First they told me to use "xtraders" app because there is server issues and that they can't process with withdrawal later my account of $57k+ got vanished with wrong opening prices and when I contacted my account manager, he didn't answer for weeks after some weeks he was making fun of me telling that app for glitched, that app "xtraders" was recommended by them and they steal money after deposit and won't let you withdraw. Date and time of my trades are placed in that trade you can check with trading view or any other app that it's a wrong open price they changed somehow to my account and stole all my money #highalert#fraud #scam

2023-04-03 16:40
Scam

Fraud by the assigned broker

On Facebook, it took me to the link www.Xtrade/es, so I decided to invest my money, I saw the experience and the regulation, but after the broker Jennifer Álvarez told me that my account was going to be super protected and the bonuses that capital I invested from my liquidation of the company that I worked for 21 years, now I can't work due to being sick, depression and anxiety and my money was in the bank without any profit and I agreed to invest because of the support Xtrade offers. And I have a recording from the broker where she gives me instructions to open operations where the capital was lost, for a total of 870,500 Mexican pesos. The entire week from October 19 to 27 I was in contact with her following instructions since I am not an expert in that type of investment and since the advertising was Carlos Slim. These are the amounts that were transferred through SPEI to SafetyPay. And the company that received them is ALPS INT according to the claim made to SafetyPay. 9,500.00 10/19/23 30,000.00 10/25/23 95,000.00 10/25/23 95,000.00 10/25/23 95,000.00 10/25/23 56,000.00 10/25/23 95,000.00 10/26/23 105,000.00 10/26/23 100,000.00 27 /10/23 100,000.00 10/27/23 90,000.00 10/27/23 Total 870,500.00

2024-01-05 10:25
    Sources

    Xtrade · Company Summary

    Risk Warning

    Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

    General Information

    Feature Detail
    Registered Country/Region Australia
    Regulation ASIC, FSC
    Found 2000
    Market Instrument CFDs, indices, commodities, forex, stocks, ETFs, bonds, etc
    Account Type Standard, Premium, Platinum and VIP
    Minimum Deposit $250
    Maximum Leverage 1:400
    Spread (EUR/USD) 2-5 pips
    Commission $0
    Trading Platform WebTrader
    Demo Account yes
    Deposit & Withdrawal Method credit/debit cards and bank transfers

    Xtrade was founded in 2000 and based in Melbourne, Australia, is a online trading broker. It currently holds a full license from the Australian Securities and Investments Commission (ASIC), a suspicious clone license from the Cyprus Securities and Exchange Commission (CYSEC), and an offshore retail forex license from the Financial Services Commission (FSC) of Belize. Xtrade offers a wide range of tradable assets, including currencies, commodities, indices, stocks, and more. This diverse selection allows traders to access various global markets and create well-diversified portfolios. With Xtrade, traders have the flexibility to choose from various trading account types, catering to different levels of expertise and trading preferences. The minimum deposit required to open an account is$250, allowing traders with different budget sizes to participate in the markets.

    Xtrade offers a competitive maximum leverage ratio of up to 1:400, enabling traders to amplify their trading positions. Spreads on different financial instruments vary, ensuring a diverse range of trading opportunities.

    Traders can access the markets using Xtrade's user-friendly and feature-rich trading platforms. These platforms provide seamless trading experiences across multiple devices, including web, mobile, and desktop.For traders who wish to test their strategies or familiarize themselves with the platform, Xtrade provides a demo account. Additionally, the broker offers an Islamic account option for traders who follow Shariah principles.

    Xtrade prioritizes customer support, providing assistance to traders through various channels, including live chat, email, and phone. Traders can reach out to the dedicated support team for any inquiries or assistance they may need. The broker also provides educational tools and resources to help traders enhance their trading knowledge and skills.

    basic-info

    Is Xtrade legit or a scam?

    Xtrade is a broker that is regulated by two regulatory authorities, namely the Australian Securities and Investments Commission (ASIC) and the Financial Services Commission (FSC). ASIC is an Australian regulatory body known for its strict oversight of financial services providers, ensuring fair and transparent practices.

    regulation

    The FSC, on the other hand, is the regulatory authority in Belize, where Xtrade operates as an offshore entity. While the FSC is responsible for overseeing financial services in Belize, it is important to note that the regulatory standards may differ from those of ASIC. Traders should be aware of the regulatory jurisdiction in which the broker operates and understand the associated risks.

    regulation

    Pros and Cons

    Xtrade offers several advantages and disadvantages that should be considered by potential traders. On the positive side, the broker is regulated by reputable authorities like ASIC. They offer a wide range of trading instruments, including Forex, commodities, indices, and cryptocurrencies, providing diversification opportunities. Additionally, Xtrade provides educational resources and tools to support traders' knowledge and skills development. However, some drawbacks include the spreads not being highly competitive, which could affect the cost of trading, and the lack of transparency regarding commission charges, the absence of MT4 or MT5 trading platforms. Traders should carefully evaluate these factors before deciding to trade with Xtrade.

    Pros Cons
    Regulated by ASIC Spreads not highly competitive
    Wide range of trading instruments Lack of transparency regarding commission charges
    High minimum deposit for some account types Limited variety of account types
    User-friendly and intuitive interface Limited educational resources compared to some other brokers
    Various payment methods supported Lack of MetaTrader trading platforms
    Demo account available for practice Inactivity fees for dormant accounts
    Negative balance protection Limited research and analysis tools provided
    Access to rich educational resources Limited availability in certain countries

    Market Instruments

    Xtrade offers a diverse range of market instruments to cater to the trading needs of its clients. Traders can access a wide variety of indices, representing different global markets, allowing them to speculate on the overall performance of major stock exchanges. Additionally, Xtrade provides a selection of commodities, enabling traders to participate in the price movements of precious metals, energy resources, agricultural products, and more.

    Furthermore, Xtrade grants access to a comprehensive range of shares, including stocks of renowned companies from around the world. This allows traders to invest in individual companies and potentially benefit from their performance and dividends. In the forex market, Xtrade offers a vast selection of currency pairs, enabling traders to capitalize on fluctuations in exchange rates between various currencies.

    For those seeking diversification, Xtrade provides access to Exchange-Traded Funds (ETFs). ETFs are investment funds that track the performance of a specific index or sector, allowing traders to gain exposure to a basket of assets with a single trade. Moreover, Xtrade offers the opportunity to trade bonds, enabling traders to invest in fixed-income securities issued by governments or corporations.

    With this extensive range of market instruments, Xtrade empowers traders to diversify their portfolios and take advantage of various trading opportunities across different asset classes.

    market-instruments
    Pros Cons
    Diverse range of tradable assets Limited availability of some niche markets
    Access to global markets Possible volatility in certain instruments
    Opportunities for portfolio diversification Limited selection of exotic currency pairs
    Potential for profit in various sectors Spreads may widen during volatile periods
    Availability of major indices and stocks Limited range of cryptocurrency offerings

    Account Types

    Xtrade offers different account types to cater to the varying needs of traders, starting with the Standard account. With a minimum deposit requirement of $250, the Standard account is ideal for beginners who are new to trading or prefer to start with a smaller investment. This account provides access to a user-friendly trading platform, educational resources, and basic trading features, allowing traders to gain experience and knowledge in the financial markets.

    Moving up the ladder, the Premium account requires a minimum deposit of $1,000. This account type is suitable for intermediate traders who have a bit more experience and seek competitive trading conditions. Traders with a Premium account can enjoy a wider range of tradable assets, receive regular market updates, and access customer support services to assist them in their trading journey.

    For traders looking for an even higher level of service and benefits, Xtrade offers the Platinum account. Requiring a minimum deposit of $5,000, the Platinum account provides traders with enhanced features, including tight spreads, faster trade execution, and dedicated account managers who can offer personalized guidance and support. This account type is suitable for traders who desire a premium trading experience and want access to advanced trading tools.

    Lastly, Xtrade offers the VIP account, which is designed for experienced and high-net-worth traders. With a minimum deposit requirement of $20,000, the VIP account provides exclusive benefits such as priority customer support, lower trading costs, and advanced trading tools. Traders with a VIP account can enjoy personalized services and assistance from dedicated account managers to meet their specific trading needs.

    Account Type Pros Cons
    Standard - Suitable for beginners with a lower minimum deposit - Limited trading features compared to higher tiers
    - Access to educational resources and basic trading tools - Less competitive trading conditions
    Premium - Wider range of tradable assets - Higher minimum deposit requirement
    - Regular market updates and customer support - Not as advanced as the Platinum and VIP accounts
    Platinum - Enhanced features including tight spreads - Higher minimum deposit requirement
    - Dedicated account managers for personalized assistance - May not be accessible for all traders
    VIP - Exclusive benefits such as priority support - Very high minimum deposit requirement
    - Lower trading costs and advanced trading tools - Designed for experienced and high-net-worth traders

    How to open an account?

    Opening an account with Xtrade is a straightforward process.

    1. To begin, visit the Xtrade website and click on the “Open Account” button.

    open-account

    2. Fill out the registration form with your personal details, including your name, email address, and phone number.

    open-account

    3. Next, choose your desired account type and leverage level. After completing the form, review and accept the terms and conditions.

    4. Finally, verify your account by providing the necessary identification documents as requested by Xtrade. Once your account is approved, you can proceed to fund it and start trading in the financial markets with Xtrade's user-friendly trading platform.

    Leverage

    Xtrade provides traders with flexible leverage options across various instruments. The leverage offered by Xtrade varies depending on the trading asset. For forex trading, the maximum leverage available is up to 1:400, allowing traders to amplify their trading positions. When it comes to commodities, the leverage reaches up to 1:200, offering traders the opportunity to trade larger volumes with a smaller initial investment. Shares trading on Xtrade's platform has a maximum leverage of 1:10, enabling traders to take advantage of price movements in the stock market. Lastly, for cryptocurrency trading, the leverage ranges from 1:10 to 1:50, depending on the specific digital asset.

    Spreads & Commissions (Trading Fees)

    Xtrade offers spreads that are not considered highly competitive, with the benchmark spread on EURUSD ranging from 2 to 5 pips. The spreads indicate the difference between the buying and selling prices of a trading instrument, and in the case of Xtrade, they may be slightly wider compared to some other brokers in the market. It's important for traders to consider the spreads as they directly impact the overall cost of trading.

    leverage

    However, it's worth noting that the exact commission charges associated with trading on Xtrade's platform are not specified. Traders should evaluate the overall trading conditions, including spreads and any applicable commissions, to make informed decisions regarding their trading strategy on Xtrade.

    Non-Trading Fees

    Apart from trading fees, Xtrade may charge non-trading fees, which refer to fees not directly related to trading activities. These fees can include charges for account inactivity, withdrawal fees, or fees for certain payment methods. It is important for traders to familiarize themselves with the specific non-trading fees imposed by Xtrade, as they may vary depending on the account type and the services utilized. Being aware of these fees can help traders effectively manage their trading costs and make informed decisions.

    Trading Platform Available

    Xtrade offers a user-friendly trading platform designed to meet the needs of modern traders. One of the platform options available is the WebTrader, which allows traders to access their accounts and trade directly from their web browser. It provides a seamless trading experience with advanced charting tools, real-time market quotes, and an intuitive interface. The WebTrader platform is accessible from any device with an internet connection, making it convenient for traders who prefer trading on the go.

    trading-platform

    For traders who prefer to trade on their mobile devices, Xtrade provides a mobile trading app compatible with both iOS and Android systems. The mobile app offers full functionality, enabling traders to monitor their positions, place trades, and access real-time market information. It is designed to be user-friendly and responsive, providing a smooth and efficient trading experience even on smaller screens.

    trading-platform

    Additionally, Xtrade offers a tablet trading app, optimized for larger screens and providing enhanced features for tablet users. The tablet app combines the convenience of mobile trading with the expanded functionality of a larger display, allowing traders to analyze charts, execute trades, and manage their portfolios with ease.

    trading-platform

    Promotions

    Xtrade presents a range of enticing promotions and bonuses to enhance the trading experience for its clients. Traders can take advantage of the First Deposit Bonus, which offers a rewarding boost of up to $5000 on their initial deposit. Additionally, by completing a simple Phone Verification process, traders can earn a $25 Cash bonus as a gesture of appreciation. The “First Trade on us” promotion allows traders to enjoy a cash bonus of up to $500 when placing their initial trade. Furthermore, by verifying their trading account, clients can receive a generous 20% bonus as part of the Account Verification promotion. These promotions provide traders with added value and potential rewards, giving them a head start in their trading journey with Xtrade.

    promotions

    Deposit & Withdrawal

    Xtrade offers flexible deposit and withdrawal options to cater to the diverse needs of its clients. While the standard minimum deposit is $250, Xtrade occasionally runs promotions that allow for lower deposit thresholds, providing more accessibility for traders. Clients can choose from various payment methods, including credit/debit cards, bank transfers, and American Express, among others. The availability of deposit options may vary depending on the country of residence.

    deposit-withdrawal

    When you request a withdrawal, the funds are returned using the same method you used for depositing. For example, if you deposited funds using a credit card, the withdrawal amount will be credited back to that card. Similarly, if you used a bank transfer for deposit, the withdrawal will be transferred back to your bank account. In the case of deposits made through e-wallets like Skrill or Neteller, the withdrawal will be returned either through a bank transfer or directly to the e-wallet. It's important to note that withdrawal requests typically take up to five business days to process. However, please be aware that external factors beyond our control, such as credit card companies or intermediary banks, may cause delays of up to three weeks in extreme cases. Normally, bank transfer or credit/debit card refunds are completed within 10 business days, while e-wallet payments are processed instantly once the withdrawal is approved.

    Customer Support

    Xtrade prioritizes providing excellent customer support to its clients. With their dedication to customer satisfaction, Xtrade offers round-the-clock customer support, ensuring assistance is available 24 hours a day, 6 days a week. This allows traders from different time zones to access support whenever they need it. The customer support team is multilingual, capable of assisting clients in various languages, further enhancing the accessibility and inclusivity of their services.

    Clients can reach out to Xtrade's customer support through multiple channels, including email, phone, and online chat. This diverse range of contact options allows traders to choose the method that suits them best for efficient and convenient communication. Whether clients prefer written correspondence, direct phone conversations, or real-time chat support, Xtrade accommodates their preferences.

    To provide additional assistance and address common inquiries, Xtrade offers a detailed FAQ section. This comprehensive resource covers a wide range of topics, including account registration, deposits and withdrawals, trading platforms, trading conditions, and more. The FAQs provide clear and concise answers to frequently asked questions, empowering traders with the necessary information to navigate the platform and make informed decisions.

    customer-support
    customer-support

    Educational Resources

    Xtrade offers a comprehensive range of educational resources designed to empower traders with knowledge and skills. Their educational offerings include video tutorials, which provide step-by-step guidance on various trading concepts and strategies. These tutorials are easy to follow and cater to traders of all levels, from beginners to advanced.

    In addition to video tutorials, Xtrade provides interactive courses that cover a wide range of trading topics. These courses are carefully curated to provide traders with a structured learning experience, allowing them to delve deeper into specific areas of interest and enhance their trading proficiency.

    For traders looking to familiarize themselves with industry terminology, Xtrade offers a comprehensive glossary. This glossary serves as a valuable reference tool, providing clear and concise definitions of key trading terms and jargon.

    To keep traders informed about the latest market trends and developments, Xtrade offers a wealth of trading information. This includes real-time market news, analysis, and insights, enabling traders to stay updated and make informed trading decisions.

    Xtrade's blog is another educational resource that offers a wealth of informative articles on various trading topics. From market analysis and trading strategies to risk management and psychology, the blog covers a wide range of subjects to help traders expand their knowledge and refine their trading approach.

    Lastly, Xtrade prioritizes trading education and provides access to additional educational materials such as e-books, webinars, and seminars. These resources offer valuable insights and perspectives from industry experts, further enriching traders' learning experience.

    Overall, Xtrade's educational resources aim to equip traders with the knowledge and skills necessary to navigate the financial markets effectively. By offering a diverse range of educational tools, Xtrade strives to support traders in their quest for continuous growth and improvement.

    educational-resources
    educational-resources

    Conclusion

    Xtrade offers a wide range of trading opportunities with its user-friendly platform and diverse tradable assets. The broker is regulated by ASIC and FSC, and the leverage provided offers flexibility to traders. Customer support is readily available, and the broker supports various payment methods. Xtrade also provides educational tools to enhance traders' knowledge and skills. On the downside, there may be delays in withdrawal processing, particularly when involving third-party payment methods. Besides, it is important to note that spreads may vary and some non-trading fees may apply. Overall, Xtrade presents an opportunity for traders to explore the financial markets, but it is important to consider both the advantages and limitations before engaging in trading activities.

    Frequently Asked Questions (FAQs)

    Q 1: Is XTrade regulated?
    A 1: Yes. It is regulated by Australia Securities & Investment Commission (ASIC).
    Q 2: Does XTrade offer demo accounts?
    A 2: Yes.
    Q 3: Does XTrade offer the industry-standard MT4 & MT5?
    A 3: No. Instead, it offers a WebTrader.
    Q 4: Does Xtrade charge commission
    A 4: No. Xtrade does not charge commissions, only spreads are calculated.
    Q 5: What is the minimum deposit for XTrade
    A 5: The minimum initial deposit to open an account is $250.
    Q 6: Is XTrade a good broker for beginners?
    A 6: Yes. XTrade is a good choice for beginners because it is regulated well and offers various trading instruments with competitive trading conditions. Also, it offers demo accounts that allow traders to practice trading without risking any real money.

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    User Reviews

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    User comment

    34

    Comments

    Write a review

    Marek Lewandowski
    0-3months
    The FAQ is extremely detailed. If not for the convenience of using the support team, the FAQs contain everything. Trading with the premium account that they offer and it is really not an issue even if not all traders use it. You can use any strategy to trade and the trading conditions are absolutely great for all of them.
    2024-05-22 04:18
    Reply
    0
    0
    Eng Kai Ming
    0-3months
    This broker provides access to various financial markets for its clients. Including the crypto market, which is currently attracting a lot of attention. The trading conditions are also great for trading in all markets. You know that each market has different conditions, right? In fact, each asset has its own trading conditions.
    2024-05-16 19:24
    Reply
    0
    0
    Beh Kai Feng
    0-3months
    I trade forex and stock pairs here regularly. The spreads are good. I don't incur high costs. However, I still make losing trades - that's part of this business. Use stop loss!
    2024-05-13 15:42
    Reply
    0
    0
    Kenzo5555
    0-3months
    The trading platform is easy to use, but when the market is volatile, the spread widens. To prevent this, I think a provider with high liquidity is necessary.
    2024-05-10 21:22
    Reply
    0
    0
    Chua Kok Soon
    0-3months
    I actually thought that I wouldn't be able to start trading because of my lack of knowledge in this field. But with Xtrade broker, I realized that practical training is key, however, I'm not saying that theoretical materials are not important. They are important, and that's why I have taken some of their courses like the Beginner Course. Now I am trading and trying to minimize mistakes.
    2024-05-08 20:57
    Reply
    0
    0
    若松 学
    0-3months
    I was amazed at the variety of assets offered by this amazing broker. You can trade FX, stocks, commodities, ETFs, and even bonds (laughs). There aren't many brokers in my country that offer such a wide range of financial products, and I also appreciate the fact that they have a Japanese support team. It's really impressive!
    2024-05-07 00:45
    Reply
    0
    0
    Manuel Paiva
    3-6months
    Xtrade's been a good pick for my tradin needs. They offer a whole range of instruments, including shares, commodities, and some cool forex pairs. Their spreads are decent, like around 3.0 pips for NZDUSD, which works for me. The platform's straightforward, no hassle there. They also got different account types, so you can find what suits you best. I mean, so far so good with xtrade on my end
    2024-01-26 19:23
    Reply
    0
    0
    Constantin
    3-6months
    Xtrade withdrawals are not similar to your standard forex brokers, because what you need to do is to send the signed copy of the withdrawal request to the broker via email. Which is a hassle for somebody but the reality is I will do everything to ensure the max security of my profits. And doing a couple of extra operations is nothing.
    2023-12-13 15:37
    Reply
    0
    0
    Hector031
    6-12months
    I personally rate share my thoughts after trading with particular broker even despite the fact I have an experience of working with many of them. Still, this Xtrade review is aimed at those who can't define a proper broker. Dudes, this one is something that you are looking for. Maybe there's no hype around it and it's not so renowned, but it's entirely legit and reliable.
    2023-09-12 15:06
    Reply
    0
    1
    Calchas Xenakis
    6-12months
    Don't even remember how I ended up at Xtrade, but I am trading constantly here, it's really good!
    2023-08-11 23:09
    Reply
    0
    0
    Fabien Bazalgette
    6-12months
    I am trading in xtrade and so far I like it. I can seen some core developments in their trading platform. Particularly more indicators and oscillators but in general I am very satisfied.
    2023-08-01 22:49
    Reply
    0
    0
    Sami Niemi
    6-12months
    Strangely enough I haven’t heard about this broker before I stumbled upon its review on some review website. It is regulated, offers a variety of assets across a lot of asset classes and provides an insightful analytic section. This is the bare minimum that I need from my forex broker. Trading platform is custom-made by Xtrade, but it didn’t raise the questions. Everything is intuitive even for newbies to comprehend and master it in a couple of days. Anyways it was a great discovery.
    2023-07-06 15:14
    Reply
    0
    2
    memo741
    6-12months
    I don't know which one is real and which one is fake, but I was deceived by the cyprus-based one. I can't get my money of 9.000 usd, there is no contact person, the communication is not legal, they deceived me very well and they scammed me, please help.
    2023-07-04 18:59
    Reply
    0
    0
    Dorian Papp
    6-12months
    Trade for a long time. Satisfied and I recommend it to everyone.
    2023-06-23 14:57
    Reply
    0
    1
    Telmo Santos
    6-12months
    The broker has a unique trading platform. I haven't seen anything like it before. I thought all brokers used trading platforms developed by special companies. I suppose such a platform allows you to get more customized conditions.
    2023-06-10 14:35
    Reply
    0
    0
    Ingvar Lagerlof
    more than one year
    Xtrade offers a comprehensive trading platform with a wide range of financial instruments and competitive pricing. Although the platform is easy to navigate and offers beneficial tools, you may need help sometimes. You must contact customer service, which can take some time to respond. Overall, Xtrade is reliable, with various trading options and reasonable pricing.
    2023-05-14 16:44
    Reply
    0
    0
    Ford Flynn
    more than one year
    Started trading a couple of months ago and can say that this broker has covered all my trading needs. I usually trade currency pairs and offset their volatility with some bonds or other moderate assets. The only thing that I don’t like about this broker is the website. It could be better.
    2023-04-14 00:05
    Reply
    0
    0
    FX1985186513
    more than one year
    I deposited $2000. After depositing, I decided not to push through because I experience some suspicious movements in their trading platform. I am already a verified user and was able to withdraw before. Now I want to withdraw what I just deposited but they want me to sign a waiver that says I don't have a claim in the future in all my deposits including the $2000. She said that I need to sign the form first before they will release my withdrawal but no withdrawable amount was mentioned. A trap.
    2023-02-27 17:04
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    macs_hunter
    more than one year
    Sophisticated Scammer The account manager is pushy and insistent to upgrade your account. They will make promises of good profit and confident that they will return your money in no time. They will earn your trust by winning some trade and the withdrawal is fast. After you put enough money in your account, they will give you signal to trade that will drain your account. They will advice you not to put Stop Loss. I remind her of my loss and she said to just "hold" until I lost a lot.
    2023-02-25 21:10
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    金融理财
    more than one year
    I can’t say that all of the broker’s trading conditions satisfy me. For example I don’t really like high spreads.However I am still trading here because of the variety and number of tradable assets.
    2023-02-17 11:29
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    净芳
    more than one year
    I gave Xtrade 5 stars today after putting the broker through so rigorous use. I'm impressed by the leverage offering (up to 1:400) and the zero commission ethos, providing the trader with maximized profits!
    2023-02-14 09:47
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