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Xtrade

Cyprus · MT4 / WebTrader

Reviews & comments 211.0ⓘ
1.0ⓘ
Founded2003-01-01
Minimum deposit250.00
CurrencyNot provided
Leverage1:30

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Source classification: Regulated. Read the named legal entity and license record together.

Reviews & comments (21)

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Onni JokinenReply
Initial 1-star score

Reply to comment #800

<p>for closing your account you better to contact with support team for more useful and fast cooperation. a friend of mine try it once, so it will help you. broker’s support team and company itself as well works nice.</p>

ahmooi YapComment
Initial 1-star score

<p>MAY I HV YR HELP i HAVE A XTRADE A/C. I WANT TO CLOSE THE ACCOUNT HOW DO I DO IT.</p>

Fabrizio CarusoReply
Initial 1-star score

Reply to comment #798

<p>True, not every broker gives you the opportunity to trade ETFs. Props to XTrade for that. As for stocks trading comparison, it’s different in terms of safety, if you can put it that way. Because ETF has multiple underlying assets, it hedges itself in some sense unlike stocks.</p>

Franck BriandComment
Initial 1-star score

<p>As of now I can say that my experience with the broker is positive. On one hand, there’s nothing special here that I could praise. I think today it’s hard to surprise traders. I mean those who have sufficient trading experience. So, I mean that competition is getting fiercer in the 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.<br> I decided to stay here because it proved its reliability during the test period and that’s all.<br> I can add that I first tried ETFs here. They are a bit easier to trade than stocks but it’s not a panacea – you still need to analyze the market correctly</p>

Maxime GroutReply
Initial 1-star score

Reply to comment #796

<p>It’s cool that Xtrade gives opportunities to try different approaches, thus increasing the likelihood that one will learn, stay and work more steadily in the market.</p>

Theodor PaulsenComment
Initial 1-star score

<p>After a month of trading here I can say that this broker suits me and I have a very big desire to stay here. I first learned about the company from Xtrade reviews. Well, I came here to trade my favorite financial instruments – cross pairs and exotic pairs. I do rarely trade major pairs because I find them quite difficult to trade. Yeah, sometimes I manage to catch the right moment and enter the market on majors but I should confess that it occurs rarely. I don’t know how it could be explained. Perhaps, these assets are not for me and I find this explanation very rational.<br> On the other hand I feel comfortable trading cross pairs and exotic pairs and therefore my percentage of profitable trades is higher than what I demonstrate on majors.<br> So, I came here and started trading cross pairs and exotic pairs, but then I noticed that they have something else worth trying. I mean ETFs. I heard about them but I didn’t try them before. I tried them and liked. Now I can say that I trade them as often as cross pairs. I should stress that I never bother myself with fundamentals when trading ETFs because I try to make things simpler. I have already proven that just relying on technical analysis would be enough in ETF trading.</p>

Jhohar BednarReply
Initial 1-star score

Reply to comment #794

<p>The point is that when you trade with an xtrade broker, you are not buying the bonds themselves, but the CFDs. This means that you do not own the real asset, you do not buy it permanently, and once you make a trade you have to close it after a certain period of time.<br> Therefore, all you will have to consider for trading is the broker’s spread. And the spreads here, by the way, are very small.</p>

BranconReply
Initial 1-star score

Reply to comment #792

<p>I try not to stick with bonuses because they restrict my freedom. I’d better coun on my own capital. That’s much simpler. I don’t want to suddenly lose my open trading position because I know bonuses don’t work in the red.</p>

Edoardo MartiniComment
Initial 1-star score

<p>In my opinion, the structure of the XTrade bonus program is awesome. I received a welcome deposit bonus and increased my possibilities for trading. The first trade was totally risk free. After some time, I calculated the amount of money that I was able to save on broker’s commissions after I received XPoints, and came to a conclusion that the profitability of my performance jumped. So it’s good to trade with a broker that understands the needs of a trader.</p>

HassanReply
Initial 1-star score

Reply to comment #790

<p>Yes true they gave bonuses but when it comes to withdrawal then you can’t withdraw anything due to bonuses eating up all your deposited/profitable money. Even though your bonus will be realseased due to some xpoints you earned or even deposite money to get rid of the bonus, however, you will be shocked that bonuses are still under your account and it will appear all in a sudden when you decide to withdraw. Avoid this platform, they are scammers</p>

Janis AlbrechtReply
Initial 1-star score

Reply to comment #789

<p>This is a very interesting question because Xtrade broker offers a unique bonus system which no other broker offers. For example, by opening an account with this broker you receive from 30 to 60% bonus, and if for example your deposit amount is $ 10000, then as a bonus you will get additional $ 6000 to your account! In addition, you get $25 in cash for phone number verification, 20% in cash for account verification, and the first trade (up to $500) is compensated at the broker’s expense. So if you’re looking for a broker with a good bonus system, this is the place to go.</p>

Diego ArandaReply
Initial 1-star score

Reply to comment #787

<p>I like the possibility to trade with fixed spreads. They make my daily news trading less stressful. I don’t regret neglecting reportedly tighter floating spreads because my peace of mind is more crucial.</p>

Antonio RezendeComment
Initial 1-star score

<p>What can I say, in the beginning I was very satisfied. Now I have discovered some shortcomings. 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. I like the trading platform too, it is very nice and easy to use.<br> It has disadvantages too – not enough tools for analysis and no possibility to set your own algorithm (at least I couldn’t find). But if standard indicators are enough for you and at the same time your strategy has stable spreads then Xtrade is not a bad choice. I have a question, what is the training possibility at the broker?</p>

Shan ChuanReply
Initial 1-star score

Reply to comment #785

<p>This broker offers its own WebTrader trading platform. There are mobile versions for iOS and Android. Convenient charts, analysis indicators and trading assets are available: stocks, indices, bonds, forex, commodities, ETFs.</p>

Argus MiskosReply
Initial 1-star score

Reply to comment #783

<p>I traded on different trading platforms, including MT4. I also already have quite an impressive experience on the WebTrader platform from xtrade.<br> So when comparing order execution speeds, of course, I didn’t measure to milliseconds, but I can say that I definitely didn’t notice any difference in execution speed. I can even say that webtrader platform is faster on many points, for example when trading on the news, orders open very fast and slippage does not seem to be a problem.<br> I can’t say for everybody but I find the web version very convenient.</p>

Bob StandleyReply
Initial 1-star score

Reply to comment #781

<p>I have been around the world and have picked up a few phases of Spanish, I note that the 2 reviewers, if I’m correct end their reviews with a negative comment.</p>

ArmandoComment
Initial 1-star score

<p>Trabajar con x-trade.mx no es satisfactorio. Hay papeletas, hay artículos, y el dinero prácticamente no se muestra. No funciona como el terminal en x-trade.mx en absoluto. Empecé a cambiar la vida aquí. Primero, fui a cursos, luego me entrené en una cuenta demo y luego en una cuenta real. No termina sin bien, ¡no lo recomiendo!</p>

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