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    Regulated

    Xtrade

    Xtrade

    Australia
    10-15 years Regulated in Australia Market Making(MM) Non MT4/5 Software Suspicious Scope of Business
    Expose
    Score
    0 1 2 3 4 5 6 7 8 9
    .
    0 1 2 3 4 5 6 7 8 9
    0 1 2 3 4 5 6 7 8 9
    10
    License 8.26
    Risk Manag 0.00
    Software Index 7.43
    Business 8.25
    Regulatory 8.23
    Company Abbreviation

    Xtrade

    Registered region

    Xtrade Australia

    Company Name

    XTRADE.AU PTY LTD

    Company address

    --

    Website

    http://www.xtrade.com/

    https://www.xtrade.com/

    Australia Securities & Investment Commission
    ASIC Regulated

    Market Making(MM)

    International Financial Services Commission
    IFSC Offshore Regulatory

    Retail Forex License

    Cyprus Securities and Exchange Commission
    CYSEC Suspicious Clone

    Market Making(MM)

    Broker Information

    Customer Service Phone Number

    +852 58080622

    Customer Service Email Address

    info@xtrade.com

    Company summary More
    Let me correct the erro.
    Pyramid scheme complaint
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    WikiFX Risk Alerts
    4
    2021.11.30
    The number of the complaints received by WikiFX have reached 14 for this broker in the past 3 months, please be aware of the risk and the potential scam!
    The CyprusCYSEC regulatory (license number: 108/10) claimed by this broker is a suspicious clone, please be aware of the risk!
    EA VPS

    No restriction on the broker account. Provide service support by WikiFX

    Single Core

    1G

    40G

    ₴ 26.94/month
    Open immediately
    Unable to withdraw Xtrade is a trap
    These people are really depressed, my deposit is only 36500, now I have no money, the operation broke down.
    FXMEEosi4839

    2021/11/15 22:18:42

    Scam I need to recover my scammed funds back
    Hi my name is Sithabiso Mhlakoana from South Africa. In 2017 I was scammed by 9 different brokers of a lot of money totalling to more than $8000. Most of the funds were paid online through my bank card. I do have proof of payments for all transactions as per attached bank statements reflecting all their names and transactions marked with a * They are.... Xtrade 24Option OptionsXO Plus Option Plus 500 Innovate Markets Allied Master Trade BullaBear Binary Tilt
    FXAOEodx0316

    2021/10/23 5:39:16

    Scam Xtrade's scam
    I made a deposit of USD 500 on 2021/6/17. I wanted to give it a try, and then the investment manager said that he would take me step by step to use the tool. He still say that Ihave no experience at all. It doesn't matter that he will teach me, but he said that his method is to make me earn some small income. He also said that if I want to make a lot of large sums of money, it is less suitable for him, and then he introduced me another deposit of USD 4,500, a total of $5,000. I foolishly thought that I could make money. The first few times he asked me to buy, I made a profit. Once he asked me to buy, I went all the way down. I was scared to find him and got nothing. After 2 days, I lost more than 3,000. He finally replied, saying that I don’t need to worry. I bought 2 more times. I don’t doubt that I trust him. As a result, I had liquidated more than -7000 positions within 25 minutes and was forced to liquidate a sum of USD 5,555. Later, I couldn’t find the manager anymore. He didn't read anything, and didn't answer the phone. I realized that I was scammed! I actually believe that he said that as long as I make money, he will make money too! Even if he lie to me, we lie to the new users. Finally you couldn’t bear it! I haven’t made any withdrawal yet, because I have seen a lot of comments about Xtrade saying that it is difficult to make withdrawals. I used a credit card to deposit funds. I think my withdrawal should be delayed by that time, or I will be unable to withdraw like everyone else. I sincerely hope that everyone will choose a good platform and a formal platform without scams.
    FXLLCrqx4545

    2021/7/17 0:18:17

    Unable to withdraw You can just deposit funds.
    It’s normal to verify in the broker. I’ve offered relevant documents according to their requirements, but I can’t pass their verification. I used the debit card to transfer money but the debit card can not show your name, neither can the bills. So I sent a consumption voucher which includes my card number and name. But they still refused to allow my withdrawal because here was no name with my card. And then they just ignored my problems. Now, I can deposit funds but can not withdraw funds. If you wanna invest with this broker, please think twice.
    FXIKQvns3267

    2021/4/9 5:36:06

    Scam Totally a scam
    At the beginning, it was said that all operations were carried out by professional managers, and there were also supervisory managers who made money only when placing orders. Therefore, they would first determine the profitable investment before reporting to the customer to place the order. After the order is placed, there is also a supervision situation. If something goes wrong, the customer will immediately ask customers to withdraw their positions to reduce their losses, gain trust in the way of friends, and make sure that novice customers will have complete teaching and will have bonuses for deposits. If the loss is to use the bonus, it was originally said that it was operated by a professional manager. Some supervisory managers make money only after placing orders, so they will first determine the profitable investment before reporting to the customer to place the order. After the order is placed, there are also supervision conditions. If there is something wrong, the customer will immediately ask the customer to withdraw the position to reduce the loss. The way to gain trust also confirms that the novice customer will have a complete teaching and there will be a bonus for the deposit. If the loss is to use the bonus, the loss will not affect the amount of the deposit. At the beginning, it was all operated by professional managers and also earned by supervisory managers. Only when you place an order, you have money, so you will first determine the profitable investment before reporting to the customer to place the order. After the order is placed, there is also a regulatory situation. If there is something wrong, the customer will be asked to withdraw from the position to reduce the loss. Novice customers will have a complete teaching and there will be bonuses for deposits. If the loss is to use the bonus, the loss will not affect the amount of the deposit. I did not tell if the bonus will be withdrawn. After that, the withdrawal manager will immediately provide wrong investment information and cause the account to be serious After losing money and unsuccessful, it does not respond to users. Is there any way for a completely fraudulent company to assist in joint reporting and return the hard-earned money...
    FXSLOnhh7399

    2021/2/23 12:34:18

    Others Margin Call
    As soon as I applied for the deposit, the manager submitted a reverse order, which made me lose 20,000 yuan within a day. I lost all my money. It’s a scam and bad platform.
    FXSKQgry7324

    2021/2/15 9:08:41

    Unable to withdraw The problems encountered by the previous ones are the same as those of the previous ones. Please the supervisory unit thoroughly investigate and return us fair. I just made the problem as soon as I deposited the money. Fortunately, I only paid 6,000 Taiwan dollars and 21 dollars for a single order and found that the electrical difference was very high. It’s money to be deducted for 20 years and always looking for reasons not to give out and refuse to 6,000 Taiwan dollars
    Unable to withdraw. A fraud group.
    FXSORphi7224

    2021/1/8 15:05:27

    Unable to withdraw Unable to withdraw
    Luckily, I just deposited $210. This is a fraud platform
    FXSORphi7224

    2021/1/6 11:41:16

    • Delivery Index
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    Xtrade · Website

    Most visited countries/areas

    Brunei Vietnam Bahrain
    xtrade.com
    Server Location
    United States
    Most visited countries/areas
    Brunei
    Website Domain Name
    xtrade.com
    ICP registration
    --
    Domain Effective Date
    0001-01-01
    Server IP
    64.14.188.29
    Website
    --
    Company
    --
    xtrade.cn
    Server Location
    United States
    Most visited countries/areas
    --
    Website Domain Name
    xtrade.cn
    ICP registration
    --
    Domain Effective Date
    0001-01-01
    Server IP
    216.146.46.10
    Website
    --
    Company
    --
    xtrade.tw
    Server Location
    United States
    Most visited countries/areas
    --
    Website Domain Name
    xtrade.tw
    ICP registration
    --
    Domain Effective Date
    --
    Server IP
    216.146.46.11
    Website
    --
    Company
    --
    xtrade.ru
    Server Location
    United States
    Most visited countries/areas
    --
    Website Domain Name
    xtrade.ru
    ICP registration
    --
    Domain Effective Date
    --
    Server IP
    216.146.46.10
    Website
    --
    Company
    --
    xtrade.vn
    Server Location
    United States
    Most visited countries/areas
    --
    Website Domain Name
    xtrade.vn
    ICP registration
    --
    Domain Effective Date
    --
    Server IP
    216.146.46.10
    Website
    --
    Company
    --
    xtrade.id
    Server Location
    United States
    Most visited countries/areas
    --
    Website Domain Name
    xtrade.id
    ICP registration
    --
    Domain Effective Date
    --
    Server IP
    216.146.46.10
    Website
    --
    Company
    --

    Xtrade

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    Australia Securities & Investment Commission

    Australia Securities & Investment Commission (ASIC)

    The Australian Securities and Investments Commission (ASIC) is an independent Australian government body that acts as Australia's corporate regulator, which was established on 1 July 1998 following recommendations from the Wallis Inquiry. ASIC's role is to enforce and regulate company and financial services laws to protect Australian consumers, investors and creditors. ASIC's authority and scope were determined by the Australian Securities and Investments Commission Act, 2001.

    • Licensed Institution :

      XTRADE.AU PTY LTD

      Effective Date :

      2010-04-12
    • Email Address of Licensed Institution :

      shayz@xtrade.com

      License Type:

      No Sharing
    • Website of Licensed Institution :

      --

      Expiry Date :

      --
    • Address of Licensed Institution :

      Suite 1 Level 2, 424 St Kilda Road, MELBOURNE VIC 3004

      Phone Number of Licensed Institution :

      02 90995624
    • Licensed Institution Certified Documents :

      xtrade_343628png.jpg View Certified Documents xtrade_FOS_查询页面 View Certified Documents xtrade AFCA牌照信息 20190213更新 View Certified Documents 343628 asic20210526更新 View Certified Documents
    International Financial Services Commission

    International Financial Services Commission (IFSC)

    The International Financial Services Commission (IFSC) was established by the enactment of the International Financial Services Commission Act (IFSCA) on 3rd May 1999. The IFSC is a premier regulatory body for the offshore industry in Belize and as the regulatory authority, the IFSC’s responsibility under the IFSC Act, is to enhance Belize as an international financial services center and to regulate the provision of international financial services.

    • Licensed Institution :

      XTRADE INTERNATIONAL LTD.

      Effective Date :

      --
    • Email Address of Licensed Institution :

      financialaren5@gmail.com

      License Type:

      No Sharing
    • Website of Licensed Institution :

      http://www.xtrade.com

      Expiry Date :

      --
    • Address of Licensed Institution :

      NO. 5 CORK STREET, BELIZE CITY, BELIZE, C.A.

      Phone Number of Licensed Institution :

      501-223-6910
    • Licensed Institution Certified Documents :

      XTRADE IFSC监管信息20191129 View Certified Documents XTRADE_IB查询信息 View Certified Documents XTRADE IFSC监管信息截图20200401 View Certified Documents Xtrade 监管页截图 View Certified Documents XTRADE IFSC20201113更新 View Certified Documents
    Cyprus Securities and Exchange Commission

    Cyprus Securities and Exchange Commission (CYSEC)

    The Cyprus Securities and Exchange Commission (CySEC) was established in accordance with section 5 of the Securities and Exchange Commission (Establishment and Responsibilities) Law of 2001 as a public legal entity. It is an independent public supervisory Authority responsible for the supervision of the investment services market, transactions in transferable securities carried out in the Republic of Cyprus and the collective investment and asset management sector. It also supervises the firms offering administrative services which do not fall under the supervision of ICPAC and the Cyprus Bar Association.

    • Licensed Institution :

      XTrade Europe Ltd

      Effective Date :

      2010-01-14
    • Email Address of Licensed Institution :

      regulatory.compliance@xtrade.com

      License Type:

      No Sharing
    • Website of Licensed Institution :

      offersfx.eu,offersfx.com

      Expiry Date :

      --
    • Address of Licensed Institution :

      140, Vasileos KonsTanTinou, ToFias BuildinG 2, CY-3080 LiMassol

      Phone Number of Licensed Institution :

      +357 25 030 476
    • Licensed Institution Certified Documents :

      XTrade cysec20200703更新 View Certified Documents xtrade cysec牌照信息 20190213更新 View Certified Documents

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    Xtrade

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    WikiFX·pyramid scheme complaint
    1  Know about pyramid scheme  >
    2  Pyramid scheme complaint   >
    3  Done
    1. What is pyramid scheme complaint?
    With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
    2. 10 Features of Pyramid Scheme
    High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded 'Datuk' Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
    Report immediately
    Report This Platform
    Xtrade
    * Contact number
    0086
    *Enter your phone number
    *Reporting Reasons

    *Enter your reason
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    Submit successfully!

    You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'

    Confirm

    Xtrade · Company summary

      General Information & Regulation

      Xtrade International Ltd (ex. Financial Arena Ltd), with registered address, 35 New Road, 2nd floor flat, Belize City, Belize, is authorised and regulated by the International Financial Services Commission in Belize, with License No. 000281/194 and provides financial services under companys scope of activity. Xtrade International Ltd client transactions are being processed by Reituca Marketing Ltd with registration no. HE231803 registered at Stasinou & Ag.Elenis 2, 1060 Nicosia. XTRADE.AU PTY LTD is authorized and regulated by the ASIC in Australia,with regulatory license number 343628.

      Market Instruments

      Xtrade provides investors with mainstream and tradable financial instruments in the global financial markets, including CFDs, indices, commodities, foreign exchange, stocks, ETFs, bonds, etc.

      Xtrade Minimum Deposit

      Xtrade has set up four account types, namely Standard (minimum deposit of $250), Premium (minimum deposit of $1,000), Platinum (minimum deposit of $5,000), and VIP (minimum deposit of $20,000).

    image.png

      Leverage

      The maximum leverage for Forex is 1:400 for major currency pairs, 1:250 for minor currency pairs, and 1:100 for low volume currency pairs. 1:50 to 1:200 for commodities, 1:50 to 1:300 for indices products, 1:10 for stocks, also 1:10 for bonds, and 1:10 to 1:50 for ETF products.

      Xtrade Spreads & Commissions

      Only spreads are charged when trading on this platform. Forex spreads for major currency pairs are 5 pips for EUR/USD and 1 pip for minor currency pairs. The spread for XAUUSD is 6 pips, for XAGUSD 3.6 pips, and for natural gas 3.4 pips. Index products have a spread of 6 pips for the Russell 2000 and 3 pips for the US 500. The minimum spread for bond products is 2.2 pips and for ETF products is 2.1 pips.

      Trading Platforms

      Xtrade's trading platform, Xtrade WebTrader, is a browser-based web platform that makes it easier for traders to browse the best market analysis available and execute trades and orders quickly and easily, with no downloads required. The mobile application features an intuitive multi-asset application that includes full functionality for all major technical indicators and a wide range of tools for real-time charting. In addition, a tablet trading application is supported, which features an advanced graphical interface for fast trading and deposit, full activity reports, intuitive navigation, and alert settings.

      Deposit & Withdrawal

      Xtrade welcomes several deposit and withdrawal methods, mainly credit/debit card deposits and bank transfers. The company does not charge users for accessing funds, but banks and transfer banks may charge related processing fees, which are the responsibility of the user. If the user opens a position, the full available amount cannot be withdrawn. The margin needs to be maintained at a minimum amount: (available margin - maintenance margin) + margin ≥ 1% = maximum withdrawal amount.

       Customer Support

      XTrade provides also multiple support that increases the trading experience. Traders can reach out customer team through live chat, email or phone lines, also due to international coverage, there is multilingual support and centers that run 24/5.

      Educational Resources

      Traders are able to develop trading skills and strategies with professional trading tools, along with educational resources and daily market reviews, which makes it possible for beginners to join as well. In addition, there is an economic calendar, analysis tools and News feed inbuilt into the platform, daily analysis video and other education support essential for everyday trading.

    Risk Warning

    The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

    Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

    Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

    Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.