Generally, the company XTrade is one of the major and most stable companies in the international financial sphere. Since XTrade is a regulated company with a rigorous regulation system, there are no offences of law emerging. The complaints, which may appear on forums, may be related to the competition among the companies in this vibrant market. The company has the active customer support, where you can apply and describe the issue emerged by e-mail, chat, telephone or fax. The company’s experts response customers’ complaints quickly.
This provides users with a lot of flexibility to use whatever method they feel comfortable using for withdrawing or depositing their funds. Especially because of the fact that all deposit and withdrawal methods may not be available in a particular country. Hence, the broker scores a 10 here without any issues as it x trade reviews allows you to use whatever method you want to use for withdrawing or depositing your funds. Xtrade also has a trading platform for your tablet whereby you can access your graphical interface, conduct quick transactions and deposit your funds. You can also access your full activity report on the trading application.
Read Our Xtrade Review And Discover Why Cristiano Ronaldo Has Deigned To Be An Official Ambassador
On top of this you will need to discover if XTrade and Binance match your trading needs. Xtrade is definitely a broker that sits high at the top of our best broker list. Even if you’re not a soccer fan it is going to have something to attract you. Start off with a demo account and we’re pretty sure it won’t be long before you’re ready to up your game and make your first deposit. Making an Xtrade deposit or withdrawal is also quick and easy and there are a number of options available. First trade on Xtrade bonus – A refund on losses up to $120 is waiting to cover your first trade with Xtrade. But, if you do not have access to the Internet, but you need to clarify something with this broker, you can also use their phone number.
Online trading in general, may not be legal in your jurisdiction. It’s visitors’ responsibility to make sure these entities are legal in their jurisdiction before engaging in trading activity. All trademarks, images and logos that appear on this site are copyrights of their respective owners and have been used under the Act ofFair Use. Additionally, the website is only registered for a single year, and this is a classic sign of a company that is not planning to stay around for long. They will exit the market as soon as they get what they are looking for, your money. You would be giving your money to mysterious people on the Internet.
Absolutely aggressive tactics and call from a different number each time if you block them. This is a SCAM and please don’t try to do invest with this company. If you are not clever enough than you even don’t even know how they have take your money from you. Our customer service team in San Francisco is ready to assist you. $600+ in welcome bonuses plus excellent travel insurance make this card an easy choice. With a 30,000 points welcome bonus and a $100 hotel credit, this is the top card in Canada.
This is ideally suited to beginner traders and advanced traders. Traders can rest assured that security is watertight, courtesy of SSL trading for both mobile and desktop usage. The MT4 is the most popular trading platform in the industry because of its multiple features. On Xtrade, it is available for Premium, Platinum and VIP account holders. As already mentioned, Xtrade doesn’t charge any fees on transactions, however, your bank/ financial institution may charge you transaction fees. Xtrade charges some fees on its platforms, like spread fees, and inactivity fee for when an account remains dormant for 3 months.
The Xtrade Standard Account
A high-quality platform usually offersbonuses and incentives to its clients, and the Xtrade platform does not deviate from that rule. The MetaTrader 4 also offers a demo account for the inexperienced users. You need to provide your details to register, and subsequently, you can start Forex trading with virtual money for practice.
Why do most traders fail?
This brings us to the single biggest reason why most traders fail to make money when trading the stock market: lack of knowledge. More importantly, they also implement strong money management rules, such as a stop-loss and position sizing to ensure they minimize their investment risk and maximize profits.
Before trading Forex or any other financial tool one should be aware of the risks, know exactly his investment goals and limits and acquire a fine level of risk understanding and risk management. Customer support is available by way of chat functionality with professional customer support representatives.
Who Has Experience With Xtrade?
Their platform is well-designed and offers an innovate way to trade Forex. In addition to all this, XTrade has several bonuses and promotions that might be interesting for traders. x trade reviews Our review of Xtrade discovered that the minimum deposit amount is just $100. The broker does not charge any fees for deposits and withdrawals made on the website.
Traders can use the platform to trade indices, commodities, currencies and stocks. Reliability, credibility and transparency are features of the state-of-the-art trading platform at Xtrade.com. This company is a scam company.I was scammed out of $68,000. Xtrade offers users its own projected Xtrader Pro platform, which is fully operational on the Internet. The learning center x trade reviews is another highly useful resource that you get to access completely free of charge. The center contains answers to many questions and dilemmas that new and even more experienced traders may have. When it comes to withdrawals, it is good to know that these are very fast with Xtrade, provided you’ve delivered all the necessary documents and fully verified your account.
I Gave Up On My Withdrawal For Several
xtrade.com also has an education section on their website, which is where beginning traders can find video tutorials, courses, e-books and a trading glossary. A real version, for traders that want to go live, with as minimum as 100$ first deposit. xtrade.com had also developed mobile and tablet versions of the platform, so you https://topforexnews.org/ can trade with this broker, if you have an android or iOS device. There is no set minimum for withdrawals, but traders must verify their identity, credit/debit card and address before making their first withdrawal. Traders at XTrade also enjoy fixed spreads on forex trades, which begin at 3 pips for most currency pairs.
Your reward is based on the difference between your opening and closing position, the units purchased, and leverage chosen. As a regulated broker, the company does follow the strict rules of the client’s protection along with the funds’ security and safe trading environment. What is pleasing also, is that XTrade supports their traders by various means, from excellent support to 0$ fees on money transactions, as well as widely supported methods. The premium and platinum accounts though offer good value and the minimum deposit for these account types is not that much compared to many of the other brokers in these categories. The VIP account of most brokers can have a minimum initial deposit of thousands of dollars but Xtrade does a good job of keeping it to $1,000.
XTrade was founded in 2011 with its headquarters in Belize, Cyprus. This broker is already presented globally with 5 offices accepting clients from over 140 countries. Unfortunately, XTrade does not accept US clients due to strict regulations. If you are curious to learn more about the company, you can open a pdf file on the XTrade website that contains some additional information. On top of that, the website is user-friendly and multilingual. Stay up to date with the financial markets everywhere you go. Traders are not overloaded with multiple account packages, but instead can only choose between Real and Demo.
Xtrade has established individual client accounts and does not mix client assets with its company assets. Through this separation of company and client funds, Xtrade has ensured that traders can have access to their money whenever they wish. Since Xtrade banks with International banking institutions, clients’ funds are safeguarded by the reputable EU Credit Institutions. Xtrade meets the international standards when it comes to security of data and funds, because of this, Xtrade are trusted by some of the leading traders in the world. Many quality brokers are regulated, so it is advised for you to take your time to compare their services before you can choose the right broker for you. The XTrade company offers a great number of possible financial tools, which fit both for newcomers and experienced customers.
XTrade is regulated by the Cyprus Securities and Exchange Commission. You can either deposit funds in fiat money or directly in cryptocurrencies. To do so, click the icon on the top right corner, select « Deposit » and follow the instructions. This website does not provide investment advice, nor is it an offer or solicitation of any kind to buy or sell any investment products. This compensation should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews. Xtrade has been in the brokerage business for many years although they have come under some scrutiny during this time.
We aim to provide unbiased online trading broker reviews to give traders a clear understanding of the different brokers available to them. Traders can use our free service but should do their own due diligence and make their own decisions when choosing an online trading broker suited to their individual needs.
Furthermore, the Cypriot watchdog requires forex brokers to keep customer funds in segregated accounts, separated from the company’s operating funds. There is only a single type of trading account at Xtrade that starts with a $100 minimum deposit and a huge range of attractive Xtrade bonuses for deposits and successful account verifications. Traders are entitled to receive a maximum of $6,000 as a first deposit Xtrade bonus, while phone verification and account verification qualifies for $20 and $30 cash bonuses respectively. Alternatively, you can also opt for a “First Trade on us” promotion, which pays a $120 cash bonus for opening your first and only risk-free trade in the financial markets.
Author: John Schmidt