XTrade Review

Forex Factory is for professional foreign-exchange traders. Its mission is to keep traders connected to the markets, and to each other, in ways .

They are suitable for both — tablets and smartphones. XTrade provides both — live and demo accounts. Professional trading platforms Trade with maximum control on our advanced forex trading platforms optimized for currency traders. Was this article helpful? Accept Reject Read More.

Features at XTrade

Platforms. 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.

The trading platform was established back in year. Since its release online, XTrade broker has been supported by the regulation program made by CySEC — the Cyprus-based official controlling agency for all the financial services providers, including the trading systems.

CySEC is also the official license provider for XTrade, which is a main condition for any broker to participate legally on financial trading market. To make tranquil and confident any of its customers, XTrade has also established decent customer support services. You will need them in case you demand some more additional information about the website usage or you have an issue to solve.

To make an inquiry or ask a question, contact XTrade customer support representatives via one of these communication methods: XTrade provides both — live and demo accounts. The demo account might be used before the live account as a test for the platform.

Beginners in trading might also take the benefits of trading via the demo account, if they need more time to prepare themselves for the real money game. All you have to do to use the demo account is to make a registration via the website — without depositing your own funds — and then you will receive some amount of money to trade as a compliment by the broker. Have in mind that demo account is just a test and you do not either win, or lose anything with it.

The live account should be opened in one of these currencies: To transfer your first or next invest, as well as to claim for a withdrawal in order to get your profits, use one of these payment methods: XTrade provides variable spreads, but the most typical ones are between 0. You are allowed to hedge and to use the trailing stop feature, as well as to have pending orders and automated trades.

Also, make trades with foreign currencies, indices and Bitcoin deals. It has an enormous learning centre for people with poor skills and knowledge in trading field. XTrade offers both — mobile and desktop trading. To go mobile, you can use the mobile version of the website, as well as to download the iOS or Android trading app.

They are suitable for both — tablets and smartphones. With CFDs, your exposure relates directly to the difference between the opening and closing price for your position. Spread betting firms have dealt with this approach for years on an isolated basis, but a portion of the brokerage community saw an opportunity in the forex world and beyond for more simplified trading and capitalized on the existing technology. CFDs permit a wider range of asset choices with greater flexibility, as well.

Xtrade offers more than asset items to choose from, including currency pairs, stocks, indices, and commodities. Major and minor pairings in forex are the familiar ones, but if you want to go exotic, the company posts 21 choices, plus a chance to bet on the travails of BitCoin.

Xtrade has five offices spread across five continents, which include licenses from all of the major regulatory bodies. 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.

Mobile apps are also available. Technical analysis tools, system alerts, and professional charting also enhance your trading experience. Registration is easy, as is depositing funds. The firm offers nearly 40 different methods. There are no hidden fees or commissions. 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. As for security, all personal and trading session data are encrypted using the latest in bit SSL technology. Xtrade excels in making fund transfers an easy and convenient proposition. They offer the standard credit and debit card, bank transfer, and ewallet global service options, but they have also managed to support a host of local payment alternatives that may apply in your area of the world.

There are nearly 40 methods listed. Withdrawals will be handled quickly and follow the same method as was used for deposit, as long as internationally mandated AML documents are current and in order.

The firm even pays you a bonus, if you are quick to get this documentation completed.

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