10.0/10
(7 qualified reviews)
US Traders
  • Bonus offers
  • Trading by telephone
  • Company XFR Financial Ltd
  • Founded in 2010
  • Online since 2016
  • Offices in
    • Cyprus
  • Payment options
    Show payment options Hide payment options
  • Demo platforms
    • XTrade Platform
  • Account currencies
    • Australian dollar
    • Canadian dollar
    • Euro
    • United States dollar
  • Currency pairs
    Show currency pairs Hide currency pairs
  • Regulated by
    • ASIC, 342628
    • CySEC, 108/10
    • IFSC (Belize), IFSC/60/383/TS/15
    • NAFD (Russia), A
  • Website available in
    • Arabic
    • Chinese
    • English
    • Russian
    • Spanish
  • Support available in
    • English
    • Russian
    • Spanish
  • Support methods
    • Email
    • Live chat
    • Phone
  • Trading server time zone GMT
  • Special notes Free Autochartist analysis software.
  • Pending orders
  • Browser-based platform
  • Minimum account size $100
  • Minimum position size 0.01 lot
  • Spread type Fixed
  • Spread on EUR/USD, pips 2
  • Trading instruments
    • Forex1:400
    • Stocks1:20
    • Indexes1:200
    • Cryptocurrencies1:10
  • Trading platforms
    • XTrade Platform
  • Digits after dot 4
  • Number of currency pairs 51
  • History
    Show history Hide history
View contract specifications

Reviews

3 reviews of Xtrade are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.

, Serbia.

Xtrade reviews definitely helped me to find a new broker. I just urgently required a new broker, had extra money and experience and those reviews came in handy.

Undoubtedly, it’s a very good news for any experienced trader that a broker you are planning to work with is regulated. Many traders, especially novice ones don’t pay much attention to the legal side of their collaboration with brokers and it’s a great mistake because by neglecting this crucial thing they endanger their money. It’s a cySEC regulated company. So, I have no reasons to worry about it.

Now let’s take a look at another thing. In addition to typical assets such as currencies, commodities, and stocks, this broker also offers government bonds. Well, I saw this stuff with other brokers but on this broker’s site I read a detailed article about these assets and it motivated me to trade government bonds. I can say that I don’t regret trying it. Afterall one can earn on government bonds as on anything else.

, Germany.

The platform at Xtrade works well, orders are processed instantly without any delay. A lot of assets to trade, among which is my favorite cryptocurrency. To withdraw money you need to be verified. It didn't take me long to pass it, everything went well. Withdrawal of money is also not delayed. There are many ways to deposit and withdraw money at the broker. There are applications for mobile trading iOS Trading App and Android Trading App.

When I started working with the broker, I attended an educational course on CFD trading at the broker which included the description of the trading tactics and information on how to use the terminal.

, Germany.

I want to say that I was struck by the fact that the Xtrade broker returns money if the first transaction was unprofitable. I believe that this should be done because it is a different trade. Real. I mean, in demo trading, you cannot feel what traders feel when they trade with their real money. On a demo account, you can learn how to use the trading platform, trading tools and analysis indicators. Create your own trading system. You must understand that trading is psychology and emotions, so it is very important to be insured when you start trading your real money.

Therefore, if you get nervous and lose money on the first trade, the Xtrade broker will return it to you.

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Forex trading bears intrinsic risks of loss. You must understand that Forex trading, while potentially profitable, can make you lose your money. Never trade with the money that you cannot afford to lose! Trading with leverage can wipe your account even faster.

CFDs are leveraged products and as such loses may be more than the initial invested capital. Trading in CFDs carry a high level of risk thus may not be appropriate for all investors.