XTrade was launched back in 2003, so it has an enormous experience to offer to traders. The company is located in Cyprus and it is supported by the national financial controlling agency – CySec – which provided the firm an official license to operate from the market.
XTrade offers foreign currencies, indices, and Bitcoin deals. It has an enormous learning section for new traders with poor skills and knowledge in the trading field. At XTrade, you can deal with Forex, Commodities, Indices, shares and CFDs.
The company that holds XTrade has also provided 140 locations with a regulation program – including in Europe by FSA, in Australia, by the Australian Securities and Investment Commission (ASIC) and many others.
There are two types of accounts to choose from in the XTrade trading platform:
The Standard account – with a minimum deposit amount of – $ 100, specially designed for beginners. This account has no commissions for the deposits and the leverage is up to 1: 400 and the spreads are 4-6 majors.
The Premium account – with a minimum deposit amount of $ 1000. This account is designed for advanced traders, with the leverage up to 1: 400.
XTrade always tried to offer a reliable customer support service, by putting at the customer disposal a big team of polite and kind customer support representatives that can help solve any issues, answer to inquiries or questions customers’ might have. The company’s customer support is available 24/7 and for multiple languages – including Arabic, English, French, Russian, Spanish, Portuguese, German, Italian, Japanese and Turkish.
Users can easily fund their account through ordinary bank wire transfer, debit or credit card, CashU, QIWI, Skrill (Moneybookers), UnionPay and WebMoney. The currency types accepted by the Broker are the Canadian dollar, Euro, Japanese Yen, Swiss Franc and American dollar.
Currently, XTrade uses only one trading platform, the MetaTrader 4, which is one of the most used trading platforms. XTrade also has a mobile version allowing you to trade anywhere from any mobile device.
XTrade also has a pretty inviting bonus system: No deposit verification welcome bonus – New traders can claim a $ 25 bonus from XTrade once they have signed up. Traders can also benefit from the traditional XTrade deposit sign up bonus. According to the amount of your first deposit, you can receive several different rewards that can go from 20% to 60%.
Some of the best features the company offers:
- Xtrade offers awesome welcoming bonuses, including no deposit bonus.
- Interesting extras like learning section
- An extremely easy-to-use trading platform
- An extremelly professional Education center
- Fast execution
- Extensive mobile support
- Safety and reliability
- Hedging and scalping are also allowed at the XTrade trading site.
XTrade is a broker with a lot of experience in the field and a clear reputation. Aside from this, it has an intuitive and easy-to-use trading website for free. If you haven’t tried it before you can try it now and start trading!
XTrade is a great broker that might answer to all of your needs and preferences when it comes to operating in the financial market.
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