|Regulation||CYSEC (Licence No. 108/10), ACN 140 899 476, AFSL Number 343628, IFSC/60/383/TS/15|
|Trading software||Propriety web platform and mobile app|
|Headquartered||Vasileos Constantinou 140, 3080, Limassol Cyprus|
XTrade is an international provider of Contracts for Difference (CFDs) owned and operated by XTrade Group. The company was founded in 2010 and provides over 300 instruments including Forex pairs, Indices, Shares and Commodities trading through its CFD service. XTrade has a global presence with offices across five continents along with clients in over 140 countries.
XTrade offers a complete training academy, where new and current clients access educational tools to learn about the financial markets. The program teaches the fundamentals and important concepts of online trading through live webinars, how-to-videos, trading assessment testing and other resources. XTrade provides expert 24/5 customer support, which makes this an ideal choice for all investors. There are also video lessons, daily charts, guides and many more educational tools that will build confidence and skill in each client.
XTrade is the latest recipient of 2 awards given at the China Forex Expo 2016: Best Forex Education provider 2016 and Best Mobile Trading Platform Provider 2016. These show that this company is serious and ready to take over. XTrade developed its own web- based and mobile platforms. The WebTrader is a no download platform available for Netscape, Opera, Internet Explorer and Chrome. The XTrade app has a professional trading functionality with a simplistic user friendly outface. The system requires iOS 6.0 or later. Compatible with iPhone, iPad, and iPod touch.
In April 2016, XTrade announced its 1-year partnership deal with Portuguese professional footballer Cristiano Ronaldo. Cristiano Ronaldo will bring new prestige and legitimacy to the online trading industry. XTrade is a current leader in the industry and clients can continue to only the best trading service in the market.
|Address||Vasileos Constantinou 140, 3080, Limassol Cyprus|
|Digits after the dot in quotes|
|Minimum position size||0.01|
|Pip spread on majors|
|Standard account, $||100|
|Mini account, $|
|Other payment methods|
|Popular payment methods||40 Different payment options|
|Platforms||Propriety web platform and mobile app|
|Regulation||CySEC, ACN, AFSL, IFSC|
a lot of instruments traded and at the same time lack of strategies. one cannot scalping and hedging. automated trading is not allowed. there isnot market analysis and guaranteed stop loss. they do not send alerts to e-mail. almost nothing! perhaps trading is not bad but dull and without high profit. ok. now about my experience here. i’m an active trader and i’ve tried ETFs. these are shares looking like mutual funds but still different. exchange trading funds consist of securities focused on a particular asset category. one can sell and buy it taking advantage from price movement because its price fluctuates within a trading day. description is clear i suppose. so what is my opinion of xtrade in the light of this tool. it is not perfect. fluctuation is unpredictable and liquidity varies greatly. gonna continue for a while but just in order to fully realize.
This CFD broker provides the traders with a user friendly trading surrounding, a lot of trading tools and about 50 currency pairs among them. There is a range of methods for funding the account including PaySafeCard – a completely anonymous, safe and very convenient one – I use it. My standard account offers no hidden charges. I am fond of CDF trading exchanging not the asset but the difference between ask and bid prices. I like it - to profit even from falling prices and Xtrade allows me to do it. Here I am trying new trading strategies with fixed spreads the only ones allowed.
I like to carry out experiments so I’ve just opened the standard account here because of 52 currency pairs available. They even offer BitCoin pairing. Well I am also impressed by simple registration and absence of commissions. By the way, when I signed up, a representative of the broker called me back. That’s for the first time. But after it during my trading I had some questions and I turned to the support on Sunday and it occurred that it served only 6 days a week. This condition is not very convenient cause I get used to 24/7 service, but not so important. As to the rest I’ll see after trading here for a month at least. I’ll share my opinion later.