Regulation and security
Xtrade is regulated by IFSC, license number: 000281/20. This ensures that the broker complies with international standards of security and financial transparency. The broker uses modern technologies to protect client data and their funds, including SSL encryption.
Tradable instruments
Xtrade offers a wide range of tradable assets. Traders can trade on the platform through CFDs, which allows them to use leverage and speculate on market declines or rises. With competitive spreads and advanced trading tools, Xtrade provides a comprehensive trading experience for both novice and seasoned traders.
On the broker’s website you can trade the following instruments:
- CFD
- Indices
- Commodities
- Stocks
- Currency pairs
- ETF
- Bonds
Account types and fees
The broker offers several account types, varying in minimum deposit and spread. Account types include: Standard, Premium, Platinum and VIP. Commissions and spreads depend on the selected account type and the asset traded. Xtrade may also charge fees for overnight position rollovers and account inactivity.
Standard Account
- Minimum deposit: $200
- Spread: Fixed
- Features: access from PCs and mobile devices, demo account, economic calendar, weekly reviews of economic events, personal lessons, 24/5 support
Premium Account
- Minimum deposit: $1000
- Spread: Fixed
- Features: Standard features and: exclusive welcome bonus, personal account manager, video lessons and e-books
Platinum Account
- Minimum deposit: $5000
- Spread: Fixed
- Features: Premium features and: narrower spreads, VIP support, senior account manager
VIP Account
- Minimum deposit: $25000
- Spread: Fixed
- Features: all Platinum features
Platforms
Xtrade uses its own web-based trading platform, which is accessible through a browser with no download required. The platform has an intuitive interface and provides basic tools for technical analysis. Additionally, it offers real-time market data and advanced charting capabilities to enhance the trading experience.
Education
The broker offers educational resources, including e-books, video tutorials, and articles on trading strategies. These educational materials are useful for both beginners and experienced traders looking to expand their knowledge and improve their trading skills. Xtrade also provides market analysis and daily news updates to help traders stay informed about market trends and events. Additionally, the broker’s customer support is available 24/5, ensuring that traders can get assistance whenever needed. With these comprehensive resources and support, Xtrade aims to create a conducive environment for successful trading.
Advantages and disadvantages
Pros:
- Wide selection of trading instruments
- Intuitive trading platform
- Various educational materials
Cons:
- Lack of access to popular platforms such as MetaTrader
- Possibly high fees for some transactions
- Limited technical analysis capabilities on the web platform
Summary
Xtrade is a reliable broker that offers traders a variety of CFD trading instruments. The broker’s strengths include regulation, variety of assets available, and easy-to-use trading platform. However, potential clients should consider the relatively high fees and limited analytical capabilities when deciding to start trading with this broker.
All Xtrade Reviews
Trading with Xtrade has gone smoothly for the past 4 months I have been here. I would say the exact part of the broker I have liked will be the different payment methods. The broker provides various payment methods for both depositing and withdrawing and they are very reliable, fast, secure and convenient to use which is awesome. Using this broker has been cool especially with their support team that makes client satisfaction their priority.
Alecu
19.09.2024
ReplyI love Xtrade with all my heart. It not only provides with a full set of instruments to trade on the market effectively and profitably, but it also contributes to expansion of traders' knowledge base! Courses, glossary, articles - choose anything you want to hone trading skills.
Hasse
19.09.2024
ReplyA very user friendly and helpful platform, it is very secure as I haven’t had any issues of missing funds and my data are also well protected.
AA
16.09.2024
ReplyI tested the professionalism of customer support on my own experience., And they did a great job.
Oscar
12.09.2024
ReplyThe concept of this broker and its trading platform is suitable for my trading style. Xtrade obviously has a lot of brokerage experience because I see how its services meet my expectations.
Kevin
28.08.2024
Reply