Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Basic information from Xtrade review
About the broker
| Web: | https://xtrade.com |
| License: | IFSC |
| Supported languages: | English, German, Polish, Spanish, French, Italian, Hungarian, Slovak, Swedish, Turkish, Portuguese, Vietnamese, Hindi and Russian |
| Year of foundation: | 2003 |
| Holder: | Xtrade International Ltd |
| Headquarters: | No.5 Cork Street, Belize City, Belize. C.A, Belize |
| Methods of contacting customer support: | E-mail, phone, online chat |
| Contact: | support@xtrade.com, 1800 017 5700 |
| Deposit methods: | Bank transfer, VISA, MasterCard, Alipay, AstroPay, Boleto, BPAY, Cartão Mercado Livre, CASHU, ecoPayz, Elo (Brazil), ePay (epay.bg), EPS, FasaPay, Giropay, HalCash, iBank&BankLink, iDEAL, Itau, JCB, Jeton, Moneta.ru, Multibanco, Neosurf, Oxxo, PagoEfectivo, PagoFacil, PayU, Poli, Przelewy24, PSE, Qiwi, Rapipago, Sofort, TeleIngreso , toditoCash, UnionPay, VLoad, WebMoney, WeChatPay, Wire2Pay, Yandex Money |
| Withdrawal methods: | Bank transfer, VISA, MasterCard, Alipay, AstroPay, Boleto, BPAY, Cartão Mercado Livre, CASHU, ecoPayz, Elo (Brazil), ePay (epay.bg), EPS, FasaPay, Giropay, HalCash, iBank&BankLink, iDEAL, Itau, JCB, Jeton, Moneta.ru, Multibanco, Neosurf, Oxxo, PagoEfecti |
About trading with Xtrade
| Minimum deposit: | 250 USD |
| Min. trade: | 0.01 |
Maximum leverage: The maximum available leverage can be limited by local financial regulators or by international regulations, in such case, the displayed maximum leverage may not match the leverage you can actually trade with. For instance, in the European Union, the financial regulator ESMA restricts the maximum available leverage to 1:30 when trading major currency pairs, 1:20 when trading minor pairs and commodities and 1:2 when trading cryptocurrencies. Similar restrictions apply in Australia and possibly in other jurisdictions. | 1:100 |
| Spreads: | Look at the spread table - minimal spread on the currency pair EUR/USD is 0.5 pips * on a standard account type |
Underlying assets: Might be a CFD. | Forex (55), cryptocurrencies (15) |
| Mobile app: |  |
| MetaTrader 4: |  |
| Other trading platforms: | Xtrade WebTrader, WebTrader |
| Social trading: | |
Spreads & fees
Fees of most brokers change relatively often and unfortunately it is not in our possibilities to keep up-to-date information about fees at Xtrade, of course you can find current info on their website https://xtrade.com.
Minimal spreads at Xtrade on standard account*
| EUR/USD | GBP/USD | USD/JPY | EUR/GBP | USD/CHF | EUR/JPY |
|---|---|---|---|---|---|
| 0.5 | 0.4 | 0.5 |
* Spread was taken 17.09.2020 at 09:39 from the web or trading platform of Xtrade.
Random reviews of competing CFD brokers: ModMount, Forex.ee, TickMill and AIMSFX
Frequently Asked Questions
🧐 Is Xtrade a scam?
We highly recommend you to read the user reviews on our website before you start trading with this brokerage company. It will help you to determine if Xtrade is a scam or not.
🆓 How to open a free demo account?
Opening a demo account with Xtrade is very simple, just register on their website.
📱 Does Xtrade offer the best mobile app for trading?
Xtrade offers a mobile trading app and you can definitely start trading with it. It is very difficult and subjective to determine if they feature the best mobile platform. However, you are welcome to test it yourself.
We compared some reputable brokers and their mobile trading apps, check out the comparison and be saved from the hassle of testing the Xtrade mobile app.
We operate our website in full transparency, we recommend reliable brokers with an excellent reputation and we honestly admit to you that we receive commissions for that from these brokers. You can find the mentioned brokers in the table below with a clickable link to their site. You don't pay anything extra, you get a reliable business partner and you help us keep the website up and running. Thank you.
| Broker | English | Min. deposit | Spread EUR/USD* | Platforms | License | |
|---|---|---|---|---|---|---|
 | | 100 USD | 1.0 pips Spread was taken 15.11.2024 at 11:12 from the web or trading platform of Etoro. | In-house built platform | FCAASICCySec | etoro.comreview EUR/USD*: 1.0 pips Spread was taken 15.11.2024 at 11:12 from the web or trading platform of Etoro. |
 | | 0 | 0.9 pips Spread was taken 15.11.2024 at 11:12 from the web or trading platform of XTB. | In-house built platform | FCA CySec | xtb.comreview EUR/USD*: 0.9 pips Spread was taken 15.11.2024 at 11:12 from the web or trading platform of XTB. 74% of retail investor accounts lose money when trading CFDs with this provider |
 | | 100 USD | 0.8 pips Spread was taken 15.11.2024 at 11:12 from the web or trading platform of Plus500. | In-house built CFD platform | FCAASICCySec | plus500.comreview EUR/USD*: 0.8 pips Spread was taken 15.11.2024 at 11:12 from the web or trading platform of Plus500. 80% of retail investor accounts lose money when trading CFDs with this provider |
* The spread is variable for most brokers and changes depending on market volatility.
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Comparing spreads, fees, trading platforms, regulations and reading dozens of user reviews of all popular FX and CFD brokers is very time-consuming for every trader. That is why we have done all this hard work for you so you could already only start trading with a company that features a quick modern trading platform, a large variety of assets and a quick customer service. From our comparisons, all these criteria are met by Etoro 51% of retail investor accounts lose money when trading CFDs with this provider - advertising partner.
That is why it is important to choose the right one. Choosing the right broker often stands between profit and loss. Don't you know how to choose? We have prepared an independent article for you, which will help you with your broker selection. You will get to know, what factors are important to watch out for when you are choosing a forex/CFD broker.
If you have any experience with Xtrade, please share it in the comments to help others to choose the suitable broker.
Prominent brokerage that likely requires no introduction. These guys are in the business for 20 years and within this period, they haven’t stopped being relevant. Everything is due to their constant development, optimization of services and so on.
I trade here on a daily basis, there is something that I don’t rly like in terms of conditions, but ok. I am sure they work on this.
0
Xtrade is doing great in all aspects of its services. In some they are good, in some they are excellent.
This is quite an old broker and I expected them to be more popular and known among traders, but I guess they don’t mind it. Otherwise they would spend more funds on marketing.
Those who know them, know that this is a solid trading platform with excellent custom trading terminals. I see many clients agree with me and share their impressions of their trading software.
It works without any flaws, and it’s stable and easy to get accustomed to it.
0
Xtrade is not the most famous broker in the trading industry, but sometimes you find some interesting options going off the beaten tracks.
IN this particular case the only thing that i would point out as a disadvantage is the withdrawal that is not quite convenient. I mean I have to sign the withdrawal request and send it back to the xtrade office, c’mon guys.
0
Interestingly enough, my favorite thing about Xtrade is its custom trading platform. i find it highly reliable and intuitive as well.
The spreads are also tight, although a lot depends on the account you use.
A slightly disappointing factor is customer support. I’m not saying it’s bad, just be a little bit more swift.
All in all Xtrade works for me. I have found the way to trade comfortably and profitably.
0
Before deciding to sign up with Xtrade, I did my due diligence and was impressed by its strong reputation and proven track record of providing excellent services.
Now, I trade with this broker, and I can recommend it as a reliable option. They also provide competitive terms and excellent market insights, which have become part of my daily trading routine.
0
I really like trading conditions of this broker. Spreads are really narrow.
Although I must first describe my trade. Since specifics of trading may depend on how suitable trading conditions are. I trade intraday stocks, commodities and some currency pairs. Basically, I open 1-3 orders for one financial instrument.
0
The broker is universal and provides many opportunities for traders. I can trade anything and I have never seen so many assets in one trading platform. I should admit that I love trading stocks and XS offers shares from the USA, Europe and Hong Kong regions and it is really amazing.
There are also many payment methods and mainly I make deposits and withdrawals through VISA cards and transactions are fast. The trading platform is simple and at the same time it has many tools for analysis. There are low spreads and fees that increase my willingness to trade more.
0
I like thoroughly to explore everything about the broker I consider before I make a commitment and sometimes that can take some time, and sometimes it is faster. Depending on the broker’s level of transparency.
Here Xtrade did an excellent job. I like its website design and how easy it is for anyone to find whatever he is interested in, from trading terms to commission structure etc.
Xtrade is a well-regulated and respected broker. They have a pretty long history in the business, meaning that they are reliable and I could trust them with my deposit.
I liked that they have their custom trading platform, which happened to be pretty good. I tested it on a demo and liked it.
I opted for the Platinum account type. The spreads are excellent. There is an exclusive welcome bonus and another thing that I like is the dedicated account manager.
Xtrade is an excellent choice for advanced level of traders
If you are into football then you must have heard about Iniesta. He is known as one of the most talented midfielders and I was happy to see him promoting this brand. If you are not much into sports, then let me share my experience with Xtrade the reasons why I decided to come trading on this platform in the first place and what made me stay here for the foreseeable future.
I found out that this broker has been quite long in the industry and has an excellent reputation as being a reliable and trustworthy company.
I appreciate that different account types are available and the one that I trade with – Premium provides me with tight spreads and no additional trading fees. Also, a welcome bonus is available with this account.
As for trading apps, they have their proprietary software. It takes a bit of time to get accustomed but once you are there, you gonna love it.
In the end, it is worth mentioning that the News and analysis section is quite useful and can give you that edge needed for success in the markets.
0
This broker provides a wide range of financial instruments for trading. I had the opportunity to trade bonds for the first time and it was fun. The trading platform is multifunctional and easy to use. There are many ways to make deposits and withdrawals but sometimes transactions are slow. The technical support is available in many languages and they respond very quickly.
0
They provide a lot of financial instruments for trading, I was surprised when I saw that ETFs and bonds are available for trading.
The trading platform looks like a modern weapon in the hands of a trader. It offers many functions for fundamental and technical analysis, and order execution is fast and tight spreads allow you to earn even more.
When you make a deposit or withdraw funds, they do not charge a commission, which is very nice. However, transactions are slow, and support is also slow to respond. However, it is available in 21 languages, which is really impressive.
0
Xtrade is a really good broker, that I agree with. They offer access to many asset classes, making their services very enviable. However, I have not faced any issues with my own transaction speed. All my payments are quick, and execution speed is even more so.
If I need to describe this platform with one word, that would be empowering! Why? Because everything here is designed to give you that edge in trading that we all are looking for.
From regular and reliable market analyses to competitive spreads and a cost-effective trading environment.
So yeah. I can confidently recommend Xtrade as a reliable and trader-friendly brokerage!
0
I’ve been using Xtrade, and I want to say, it’s pretty solid. The interface is incredibly intuitive, ideal for someone who recognises simplicity in trading. They offer a good range of assets, which is nice because I like to mix up my trading. Xtrade is a great choice!
First things first, the trading app. I like how they decided to say no thanks to other popular trading apps and build their software from which one can see their understanding of traders’ needs. The app has a smooth interface, it is not overwhelming, and it is quite powerful in terms of tools, widgets, and indicators built in. I truly enjoy trading on this platform.
Regarding their trading terms, it depends on what account you will choose. I trade with the standard one and I am satisfied with the spreads. The other ones are probably even better, but a higher deposit is required.
The experience of trading with Xtrade is, on the whole, positive. Deposits and withdrawals are smooth and transparent. Traders do not have to worry about fraud, as the firm undergoes regular audits and has high security standards. The variety of trading assets is ideal for users with different investment preferences. In terms of customer support, Xtrade definitely stands out in the industry. Therefore, if we make an overall assessment, Xtrade stands out as a reliable broker that offers high standards of service.
0
Catch me if you can in the markets bro, I am doing all my trades here on xtrade and the speed of execution on this platform is immense. spreads are totally affordable and reasonable too, and their daily videos are head-scratchers. they help me come up with ideas and think of fundamental stuff under the surface
0
I thought of describing Xtrade trading platform with one or a couple of words, but I couldn’t. My experience is quite enviable to other traders, because I trade here and make money, even though spreads sometimes widen much.
Customer support here works awesomely, they immediately react on all inquiries, that is a big plus. In addition, there are some learning courses.
0
I want to write my review only about the most important quality of this company from my point of view.
Based on description on this site and information I already have, I can confidently say that this broker is reliable and safe.
Xtrade has all necessary attributes for traders to trust it.
Broker has ensured the safety of its clients through the modern technology and principles.
Everything else may be acceptable, but if the company is not reliable, it is obviously not good.
0
Thank you for sharing your opinion about working with this broker. After reading it, I think I’ll start trading through them.
According to the article the main conclusion is that the reputation of the broker doesn’t raise any questions whatsoever.
So if you ever wanted to engage with the company that is highly reliable and has many years of experience on the forex market, it’s one of the best options.
You don’t have to spend a lot of money either. The trading accounts are quite affordable even for newbies.
0
Is there really education provided on the platform?
Yes, they have something to read to get smarter 🙂 I never miss opportunity to gain new knowledge. And I recommend everyone to do the same.
Even despite the fact the navigation on the website isn’t really habitual due to the unusual location of the bar, the site is full of valuable information about trading conditions and that’s a huge advantage of xtrade over other companies.
Other than that, their leverage size is pretty acceptable, not a big one, but not a small on at the same time.
0
Aside from the competitive trading conditions and its overall reliability, the main reason why I trade with Xtrade is because of the withdrawal procedure.
I am satisfied with the speed they process the inquiries. I have never experienced any problems, they always pay without any additional questions or requirements 👍
0
Indeed, the withdrawal procedure is one of the most important aspects when I evaluate a broker, and I can vouch for Xtrade’s straightforward and fast processing. Moreover, they don’t charge any commissions.
I don’t even know xtrade broker is so old. Still even despite this fact, the company can compete many of freshmen in the game, cuz it never ceased to develop.
It does everything to comply with modern requirements and market demands and that’s essential for me. There are some antique brokers which forgot about development, while this one didn’t.
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