Founded in 2010, XTrade is an international Contracts-for-Differences (CFD) dealer, which offers a trading environment for forex, commodities, stocks and indices. It is owned and operated by XFR Financial Ltd, based in Limassol, Cyprus, and is further regulated by the country’s apex regulatory body CySec. The services of XTrade are available in over 140 countries, with offices in five continents. In addition to CySec, the brokerage firm is also registered with regulators in Australia, France, Italy, etc.
We noticed XTrade to be quite a transparent platform when it comes to trading fees and simplified trading. In terms of simplifications, the broker offers a comprehensive outlook of its proposed instruments — right on the main page — and illustrates their sales and purchases accurately to make traders feel home.
XTrade offers two types of accounts: Standard and Premium. While the former requires traders to maintain a minimum deposit of $100, the latter requires $1,000 for the same. In addition to these accounts, XTrade also offers a demo account that brings novice traders before an opportunity to perform live trades, without actually spending any real dime on them. Not only it improves their trading skills to an extent, it also makes them familiar with