OffersFX ex-Xtrade Forex Broker, OffersFX ex-Xtrade Review, OffersFX ex-Xtrade Information

It delivers a powerful in-house trading platform that complements its institutional strength, practical expertise, comprehensive technology, and unparalleled network. 74-89% of retail investor accounts lose money when trading CFDs. You should ensure you are aware of the risks involved in trading and if you can afford to take the high risk of losing your money. Whether you choose to trade in the comfort of your own home, or while sat at your local coffee bar making use of your mobile device, Xtrade can make it happen. There is the ever popular MT4 Webtrader platform, along with Xtrade mobile, for both Android and iOS devices. Whichever platform you choose there are a number of inbuilt tools, including an economic calendar, trading indicators, as well as a news stream service.

Xtrade is a multi-asset broker which has its headquarters in Belize, as well as a second office in South Africa. Founded in 2003, Xtrade is a rare broker that does not offer the MT4 or MT5 trading platforms, nor cTrader; instead, the broker solely relies on its proprietary Xtrade WebTrader. The broker also fails to support automated trading and focuses rather on manual trading; moreover, it does not allow third-party solutions to connect.

Their trading platform is a derivative of WebTrader, which is proprietary in nature and permits the kind of flexibility and execution prowess that only an online service can provide. Technical analysis tools, system alerts, and professional charting also enhance your trading experience. The education center at Xtrade features video tutorials on how to use the trading platform. Xtrade notes several features in the register and interface video, which it fails to mention elsewhere on the website. As such, it remains unclear what exactly remains available after this broker implemented changes.

Can I Trade Forex & CFDs on A Xtrade Mobile App?

Try it out for yourself by first opening a demo account, before risking real money on your trading adventure. All the leading payment methods are accepted by Xtrade, including Visa/Mastercard, UnionPay, eCard, ePay, bank transfer, Skrill, Neteller, Webmoney and a number of other local methods. Funding your account and withdrawals have to be made through the same third party provider. Xtrade makes no charges for either withdrawals or deposits, but they are sometimes raised for overnight trades, and on an inactive account.

The broker doesn’t have any deposit or withdrawal fees as per the company statement. The range of instruments is solid with XTrade broker. Even though they don’t provide cryptocurrencies, one of the most volatile assets, coverage is really good. If you take a look at the website presentation you will see that they offer mobile version and tablet versions.

A real money or a demo account are the basic account choices

These are Close at Profit, Close at Loss, and Buy when Rate is options. The platform requires a minimum deposit of $100 payable via Credit Card, Bank Transfer, Skrill, Sofort, etc. Being in the broker market for so long, they are the true experts in Forex trading. The broker company is seated in Cyprus and is officially licensed to operate. Basic terms and conditions are clearly explained.

Although the platform is different from the other trading platforms, it isn’t difficult to get a hang of it. My acquaintance with the broker was spontaneous. An article about government bonds on their site attracted my attention. Certainly I heard before about government bonds and how their value impress currency trends, but never traded them.

Stay up to date with the latest Forex scam alerts

Traders can choose from 150 different products, which consist of more than 50 currency pairs, 10 commodities, 25 global indices, and around 100 shares from the US and the EU. Xtrade demo trading closely resembles the actual trading environment, but there may be some differences in execution speeds and other aspects of trading. We would recommend trying out the Xtrade demo account trading to get yourself familiar with the broker’s platform and trading products. Concluding XTrade review, the broker brings stable and reliable conditions to trade. Their main offering mainstays on a fixed spread with no hidden fees, powerful online-based platform and comprehensive trading instruments variety.

I’ve been using this broker for a few days now, and I’m impressed with the customer service. The friendly staff will assist with any issues you might have encountered. The customer support is available in multiple languages like German, French, Arabic, Russia, Portuguese, around the clock.

We are sensitive to the trading needs of our clients; therefore we are dedicated to continuing to be a state-of-the-art provider for CFDs. Trading FX/CFDs involves a significant level of risk and you may lose all of your invested capital. Please ensure that you understand the risks involved. ForexPeaceArmy.com has advertising and affiliate relationships with some of the companies mentioned on this site and may be compensated if readers follow links and sign up. We are committed to the fair handling of reviews and posts regardless of such relations. I can proudly say that all this experience I’d had with Xtrade therefore my rating of the brokerage is fair and well-though.

Xtrade has an excellent regulatory status that is backed by more than six years of professional experience in the retail Forex trading industry. The broker also provides a wide variety of financial assets to help traders to create a diverse investment portfolio. Overall, Xtrade has several distinct features that will enable the company to cater its services to a large part of the retail trading market. 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.

Xtrade is a professional in this business, it can be seen by the reviews. All web platforms have one advantage – you don’t need to install them. But, anyway, the Xtrade platform is pretty quick, and I bet if you want to trade on the demo, you will be glad, as everything is smooth. Trading in demo mode does not differ from real mode. All charts and instruments function the same way as in real mode. Withdrawal of money is also not subject to commissions.

The https://forexhero.info/ minimum deposit is $250, yet you should calculate and cover necessary expenses since the variety of trading instruments offers different margins and spreads. E.g. to open a new position at equity, the account must exceed the trade’s initial margin level requirement. Also, Xtrade occasionally runs promotions offering lower deposit threshold minimums.

Quick trading platform, well-developed learning center with glossary, articles, news section and other tools, responsive customer support which is ready to help you any time. Xtrade is a market maker in CFDs, and in order to present the best operating environment for these special instruments, the firm developed its own customized, online, real time trading platform. No complex downloads are necessary, and, if you are a trader on the go, then their mobile apps will appeal to you.

• It would probably include the currencies of all the countries that can trade with Xtrade, such as AUD, USD, EUR, GBP, ZAR, and others.
• There is nothing more than MT4 or MT5 trading platforms could provide.
• It should be noted that it appears that Xtrade allows clients to make a deposit without account verification.
• The point is that when you trade with an xtrade broker, you are not buying the bonds themselves, but the CFDs.
• It hosts an array of features and trading tools to ensure an optimized trading experience.

One of XTrade’s representatives abused trust by funding my account without my permission and opened positions. It came from the same location in Israel used by Xtrade’s representative to the FPA. When you trade CFD you need to understand the dark sides as well.

What can I say, in the beginning I was very satisfied. No, I was not disappointed with the broker, rather I just saw a better picture of trading with Xtrade. The main advantage is undoubtedly fixed spreads. Yes, if you only look at the numbers, 2-3 pips is not a very low spread. But the main thing is that it is fixed, so for trading on the news it is a significant advantage.

So, I mean that competition is getting fiercer in the xtrade brokerage industry today and it makes brokers offer nearly the same services and the same choice of financial instruments. Here I found nearly the same what I saw with other brokers. Based on our research, we found broker’s great selection of trading education suitable for both beginners and advanced traders.

Introducing a broker without saying few words about its origin and main team is impossible to us. This information is essential as to understanding more about the broker`s reputation and experience. XTrade has by all means enough experience in the field, which is a proof that it has all the necessary facilities that a trader needs.

Margin calls can be a possibility with CFDs, if the market moves abruptly against you. Tickmill continues to grow from strength to strength by offering traders just what they need to be successful in the markets. Traders have access to 24/5 customer service, with the live chat function the most convenient form of contact. Xtrade fails to introduce its trading platform and deploys misleading marketing for a sub-standard solution.

Next to binary options, the next fastest growing way to trade has been to go the Contracts for Differences route with a firm like Xtrade, which has been in the business since 2010. A spin off from “spread betting”, this straightforward trading regimen involves buying a contract with your broker that will pay off if the market moves in your favor. Your reward is based on the difference between your opening and closing position, the units purchased, and leverage chosen. Sincerely speaking this broker remained positive impression. In general, there is everything that traders need.