Xtrade

XTrade is a well-established forex broker that has been in operation since 2012. This company is regulated by both ASIC (Australia) and IFSC (Belize), providing a sense of security and trust for its clients. With its proprietary trading platform, XTrade offers a wide range of trading options including Shares, Commodities, Forex, Indices, Bonds, ETFs, and even Cryptocurrencies.

Broker Details

Located at No.5 Cork Street, Belize City, Belize, XTrade offers a maximum leverage of 400:1. The minimum trade size is 0.01, and it requires a minimum of $250 to open a live account. For any inquiries or assistance, you can reach them at [email protected] or call 44 2038074001.

Trading Platforms

XTrade provides its clients with a proprietary trading platform that can be accessed through the web and mobile devices. The WebTrader and MobileTrader (MobileApp) platforms are user-friendly and designed to cater to both beginners and experienced traders.

Trading Options

With over 55 currencies and 15 cryptocurrencies available, XTrade offers a broad spectrum of trading instruments. The company also provides CFD trading on more than 445 options including Gold, Silver, Other Precious Metals, Stocks, Stock Indexes, Bonds, Oil, and Other Commodities.

Trading Conditions

XTrade supports news trading and has a wide array of deposit and withdrawal methods. Among these are Bank Wire, VISA, MasterCard, Alipay, AstroPay, Boleto, BPAY, and many others. This flexibility in payment methods makes transactions easier and more convenient for clients.

Pros and Cons

Just like any other broker, XTrade has its own set of advantages and disadvantages. One of its major strengths is its wide range of trading options and flexible payment methods. On the downside, the minimum deposit to open a live account might be a bit steep for some traders.

Scammer or Not?

Given that XTrade is regulated by ASIC and IFSC, it is less likely for it to be a scam. However, potential clients are advised to do their own research and read reviews from other traders.

Safety Check

As an ASIC-regulated forex company, XTrade adheres to strict regulatory standards. This ensures that clients' funds are safe and that the company operates with transparency and integrity.

FAQs

Is XTrade regulated?
Yes, XTrade is regulated by both ASIC (Australia) and IFSC (Belize).

What is the minimum deposit to open a live account with XTrade?
The minimum deposit to open a live account with XTrade is $250.

What trading platforms does XTrade offer?
XTrade offers its proprietary trading platform, which can be accessed via the web and mobile devices.

Does XTrade support cryptocurrencies?
Yes, XTrade supports trading in over 15 cryptocurrencies including Bitcoin, Litecoin, and Ethereum.

For more detailed information and user experiences, feel free to visit forexroboteasy.com. Remember, this is an independent review and we encourage traders to share their experiences with XTrade.